In the past month, the DeFi sector has experienced a surge. Sushi has increased by nearly 30% in 24 hours, and from its low point in November, it has already quadrupled in a month. Uni has also achieved a threefold increase within the month, while DYDX has seen nearly a threefold rise as well. The project Hyperliquid, which launched tokens on November 29, has also seen a token increase of up to 52% in the past week, with a market cap exceeding Arbitrum.
The market cap of DeFi has rapidly climbed from 70.5 billion dollars to 132.4 billion dollars, with an average token increase of 87%, significantly outperforming the overall cryptocurrency market's average increase of 67%.
Next, with Trump taking office, there is even better news for the lending market. This is worth paying close attention to!
MORPHO is a rising star in the lending market, backed by 2.1 billion dollars in storage, making it worth holding long-term; it is a promising coin!