According to TechFlow, the total financing amount in April exceeded US$1 billion. This is the second consecutive month that the financing amount exceeded the US$1 billion mark, setting a new monthly financing total record in the past six months.

As of May 27, total funding in May was $650 million, with 98 funding rounds. Infrastructure was the most popular category during this period, attracting about $185 million in investment. It was followed by SocialFi, with $176 million in investment. DeFi and CeFi raised $127 million and $106 million, respectively. SocialFi's high numbers mainly stem from Farcaster's $150 million Series A deal.