DeFi lending platforms are experiencing market fluctuations, with total borrowing amount dropping 23% in a single week, hitting a three-month low. Major protocols Aave and Compound shrank by 28% and 19% respectively, indicating that traders are significantly deleveraging. Analysts point out that panic has led investors to prioritize loan repayments over new borrowing. Nevertheless, the market adjustment provides an opportunity for robust development in the future, and investors can look for potential recovery opportunities.
The DeFi market continues to show strong growth momentum. The latest data shows that the total market capitalization of DeFi tokens has reached $88.018 billion, with a 24-hour trading volume of decentralized exchanges reaching $5.453 billion, indicating investors' sustained enthusiasm for decentralized finance. In addition, the total value of assets locked in DeFi projects has reached $96.853 billion, reflecting an increasing confidence in the DeFi ecosystem. With continuous technological innovation and the expansion of application scenarios, the DeFi sector is expected to welcome more development opportunities.
The U.S. Securities and Exchange Commission (SEC) Cryptocurrency Special Group announced that it will hold four roundtable meetings in the first half of this year, focusing on topics such as decentralized finance (DeFi). The meetings will explore the regulation of cryptocurrency trading, asset on-chainization, and its intersection with traditional finance. Special Group leader Hester M. Peirce stated that this initiative aims to clarify regulatory challenges and develop responses. This move signifies regulators' attention and support for the DeFi sector, which may bring positive signals to the market.
The SEC announced that it will hold four roundtable meetings in the spring of 2025, focusing on key issues such as DeFi. This meeting marks a shift from enforcement to collaboration for the SEC, aiming to provide a clearer regulatory framework for the crypto space. Commissioner Hester Peirce referred to this as the "Spring Sprint towards Crypto Clarity." The market holds an optimistic view, hoping the meetings will promote the integration of DeFi with traditional finance. The meetings will be open to the public and streamed online, facilitating broad participation and discussion.
The DeFi market continues to show vitality. Recent data shows that the total market capitalization of DeFi tokens has reached $96.125 billion, and the trading volume of decentralized exchanges in the past 24 hours has reached $6.394 billion, demonstrating investors' confidence and interest in decentralized finance. Meanwhile, Aptos ecosystem liquidity staking protocol Amnis Finance launched its governance token AMI, further promoting ecological development. dYdX announced it will use 25% of the protocol's net fees to buy back market tokens, showing a long-term optimism towards the market.
The on-chain perpetual contract market is experiencing explosive growth, becoming an important part of the DeFi ecosystem. In 2025, led by projects like Hyperiquid and dYdX, the market shows a strong upward trend. CZ's testing of the Mubarak perpetual contract on APX Finance has drawn widespread attention, showcasing the potential of innovative contracts in highly volatile markets. With the optimization of blockchain infrastructure and the enhancement of user experience, the outlook for the on-chain perpetual contract market is broad, and it is expected to attract more investors.
On March 24, according to DeFiLlama data, the cumulative trading volume of decentralized exchanges (DEX) in the BNBChain ecosystem reached $14.336 billion last week, ranking first among all blockchains. Notably, PancakeSwap generated fees of $3.43 million in the past 24 hours, with protocol revenue reaching $709,000, demonstrating its strong performance in the market. Additionally, the four.meme protocol had fees of $747,000 and revenue of $711,000, showcasing the continued growth potential in the DeFi sector.
The DeFi market continues to show strong momentum. The latest data shows that the total market capitalization of DeFi tokens has reached $91.497 billion, with locked assets totaling $89.947 billion, reflecting the growing confidence of investors in decentralized finance. In the past 24 hours, the trading volume of decentralized exchanges reached $6.404 billion, indicating that market activity remains high. With the launch of innovative products and an increase in market participants, the DeFi sector is expected to continue driving the widespread application of blockchain technology.
Ronin announces its transformation of the gaming chain into a consumer chain, actively expanding its DeFi business. Its DeFi ecosystem will be divided into three layers: the first layer provides infrastructure supporting stablecoins, decentralized exchanges (DEX), and money markets; the second layer introduces strategies, including yield opportunities, liquid staking derivatives, perpetual contract trading, and automated liquidity management; the third layer supports the development of DeFi dApps and can be integrated into game loops and consumer applications. This initiative signifies Ronin's innovative potential in the DeFi field.
The DeFi market continues to show strong momentum. The latest data shows that the total market capitalization of DeFi tokens has reached $87.86 billion, demonstrating investors' continued confidence in decentralized finance. In the past 24 hours, the trading volume on decentralized exchanges has reached $5.885 billion, further proving the market's activity. Meanwhile, the total locked assets in DeFi projects amount to $90.802 billion, indicating stable capital inflow. As the market continues to develop, investors' optimistic outlook on DeFi is expected to persist.
The U.S. House of Representatives recently passed a bill to abolish IRS rules for DeFi brokers. The measure passed with 292 votes in favor and 132 against, which will exempt decentralized crypto exchanges from the obligation to report sales income and transaction dates. Market analysts believe this decision clears regulatory hurdles for the development of the DeFi ecosystem, potentially promoting more innovation and capital inflow, and enhancing market confidence. Participants in the DeFi space may welcome a more lenient regulatory environment.
The U.S. Senate overwhelmingly passed the Congressional Review Act, overturning IRS regulatory rules targeting DeFi brokers. This move demonstrates lawmakers' supportive stance toward decentralized finance, potentially bringing more development opportunities to the DeFi market. The resolution has now been submitted to the House for consideration, and the market is optimistically anticipating further policy relaxations, which may drive innovation and growth in the DeFi ecosystem.
RedStone oracle has launched an airdrop query page, allowing users to check by entering their wallet address. This move marks RedStone's further development in the DeFi space, demonstrating its commitment to user experience. Airdrop claims will open tomorrow night at 20:00, expected to attract a large number of users and boost market activity. As the DeFi ecosystem continues to expand, RedStone's innovative initiatives may inject new vitality into the industry.
The U.S. Senate plans to vote this week on the repeal of IRS rules regarding crypto brokers for DeFi projects. Republican senators are actively pushing to repeal two federal regulations related to digital assets, including the IRS's DeFi disclosure rules. This move could bring a more relaxed regulatory environment to the decentralized finance sector, fostering market innovation and development. Market participants are optimistic about this and look forward to new opportunities brought by policy changes.
A U.S. House of Representatives committee passed a resolution to revoke the IRS's tax reporting rules for DeFi platforms. The move aims to overturn the policy implemented in December last year, which requires DeFi protocols to follow the broker reporting system, sparking strong opposition from the industry. Supporters believe that the rule is unfair and may affect the operation of DeFi. The resolution needs to be passed by the House of Representatives and the Senate and signed by the President. The market is optimistic that this move will bring greater flexibility and innovation space to the DeFi industry.
The DeFi market continues to show strong growth momentum. According to the latest data, the total market capitalization of DeFi tokens has reached $108.809 billion, with a 24-hour trading volume of decentralized exchanges reaching $7.091 billion, indicating the market's activity and investor confidence. Additionally, the total locked assets in DeFi projects amount to $108.453 billion, showing that more and more funds are flowing into this field. With the continuous emergence of innovative projects, DeFi is expected to continue driving the widespread application of blockchain technology and the transformation of financial markets in the future.
The DeFi market welcomes good news again! The Legends platform has successfully raised $15 million, gaining support from well-known investment institutions such as a16z, demonstrating investors' continued confidence in decentralized finance. At the same time, UFarm.Digital has also secured $500,000 in early seed funding, further promoting the development of the DeFi asset management sector. These financing activities indicate that despite market volatility, the DeFi sector remains vibrant and has a promising future.
DeFi platform Legends announces completion of $15 million financing, with investors including renowned venture capital firms a16z and Coinbase Ventures. This round of financing will assist Legends in developing a self-custody wallet, aimed at giving users greater control over their crypto assets. As the DeFi market continues to evolve, Legends' innovative solutions are expected to enhance user experience and promote the further popularization and application of decentralized finance.
Uniswap Labs announces the official launch of its Layer 2 network Unichain mainnet, injecting new vitality into the DeFi ecosystem. Users and developers can now build and use a variety of DeFi applications and tools on Unichain. Nearly 100 crypto products and protocols, including Uniswap, Circle, Coinbase, Lido, and Morpho, have been built on this platform, some of which are already live, with more set to launch in the coming weeks. This development marks further expansion and innovative potential in the DeFi market.
The recent actions of the Ethereum Foundation have attracted market attention. According to @EmberCN's monitoring, the foundation has transferred 50,000 ETH (approximately $131.66 million) into a multi-signature wallet, intending to participate in the decentralized finance (DeFi) ecosystem. This move is seen as a sign of confidence in the DeFi market and may encourage more institutional investors to focus on and participate in the DeFi sector. Market analysts believe that this action may further promote the vitality and innovative development of the Ethereum ecosystem.