1. Total market value of DeFi tokens: $48.86 billion
DeFi Total Market Cap Data Source: coingecko
2. Trading volume of decentralized exchanges in the past 24 hours: $60.27
Trading volume of decentralized exchanges in the past 24 hours. Data source: coingecko
3. Assets locked in DeFi: $915.49 billion$100 million
Top 10 DeFi Projects by Locked Assets and Total Value Locked (TVL)
Top 10 DeFi Projects by Locked Assets and Total Value Locked (TVL)
1. Total Market Value of NFTs: $7.147 Billion
NFT Total Market Capitalization, Top Ten Projects by Market Capitalization Data Source: Coinmarketcap
2.24-hour NFT transaction volume: $1.483 billionUSD
1. Doubao 2nd Generation AI Phone to Debut in Q2 2026 On April 2nd, according to Sina blogger @DigitalChatStation, the highly anticipated Doubao 2nd Generation AI Phone will debut in the second quarter of 2026. 2. DeepSeek V4 May Be Released in April On April 2nd, it is understood that DeepSeek V4 may be released in April. However, the upcoming V4 will most likely still be the strongest open-source model, but it is unlikely to be overwhelmingly powerful. This is because the standards and perceptions of "powerful" are becoming increasingly diverse among different developers and users in different scenarios. 3. Vitalik Shares Local LLM Personal Configuration, Calls for Building More Secure, Open-Source, Localized, and Privacy-Focused AI ToolsAI Hot Topics
On April 2nd, Vitalik Buterin shared his autonomous, local, private, and secure LLM personal configuration on his personal blog. The core configuration includes an NVIDIA 5090 GPU laptop, the Qwen3.5:35B model, the llama.cpp inference tool, bubblewrap sandbox isolation, the NixOS system, and custom agents and a local knowledge base, reducing reliance on remote services. Vitalik stated that, if used properly, artificial intelligence can actually create a future with stronger privacy and security guarantees. Locally generated code can replace the need to download large and complex external libraries, enabling more software to be minimalist and self-contained.
Vitalik also called for more people to dedicate themselves to building secure, open-source, localized, and privacy-focused AI tools, allowing users to use them with peace of mind and putting control and power in their hands.4. Ark Invest Adds OpenAI Stake to Series of Funds
On April 1st, Cathie Wood added OpenAI to the ARKK, ARKF, and ARKW funds. Each fund will reportedly hold approximately 3% of the shares, allowing retail investors to directly invest in one of the world's hottest private companies. Ark Invest officially announced its stake in OpenAI in 2024 through its ARK Venture Fund (a privately held VC fund) and has increased its holdings multiple times (including a $250 million investment in October 2024).
1. Polygon Launches Private Mempool to Avoid Transaction Exposure and Manipulation Risks
Polygon announced the launch of Private Mempool, which provides users with protection against MEV (Maximum Extractable Value) through a private transaction submission endpoint. Currently, the public mempool mechanism makes pending transactions visible to all observers, making it vulnerable to frontrunning and sandwich attacks by bots, leading to slippage, transaction failures, or abnormal rollbacks for users. Private Mempool bypasses the public mempool by directly routing transactions to block producers elected by validators, structurally avoiding the risks of transaction exposure and manipulation.
DeFi Hot Topics
1. Polygon Launches Private Mempool to Avoid Transaction Exposure and Manipulation Risks
Polygon announced the launch of Private Mempool, which provides users with protection against MEV (Maximum Extractable Value) through a private transaction submission endpoint. Currently, the public mempool mechanism makes pending transactions visible to all observers, making it vulnerable to frontrunning and sandwich attacks by bots, leading to slippage, transaction failures, or abnormal rollbacks for users. Private Mempool bypasses the public mempool by directly routing transactions to block producers elected by validators, structurally avoiding the risks of transaction exposure and manipulation.
2. dYdX Community Approves Use of 10 Million USDC Insurance Fund to Support DAO
The dYdX Foundation announced that the #372 community on-chain vote has passed, approving the use of the Insurance Fund to provide financial support for the DAO. Specifically, the proposal involves transferring 10 million USDC from the dYdX Chain Insurance Fund to three different entities: 2.5 million USDC to the dYdX Operating DAO as operating funds, 5 million USDC to the dYdX Treasury DAO as discretionary reserves, and 2.5 million USDC to the dYdX Foundation for ecosystem development and governance support. The Insurance Fund currently holds approximately 17 million USDC, of which approximately 7 million USDC serves as a protocol security buffer.
3. OpenEden Launches Tokenized High-Yield Corporate Bond HYBOND
On April 2nd, OpenEden officially launched HYBOND, its first tokenized product linked to BNY Investments' global short-term high-yield bond strategy, providing accredited investors with access to managed corporate bond portfolios. This product further expands the tokenized real-world asset (RWA) market beyond the currently dominant cash equivalents and Treasury bond strategies. HYBOND is issued by OpenEden Digital Limited, regulated in Bermuda, while BNY Investments manages the underlying bond portfolio, continuing their previous collaboration on tokenized U.S. short-term Treasury products.
The South Korean government has blocked access to 17 foreign crypto exchanges, including KuCoin and MEXC, at the request of the Financial Intelligence Unit. These platforms can no longer be installed or updated in South Korea, disrupting access for users and limiting their services.
WeatherlyPolymarket’s $7 million betting market was accused of manipulation after resolving incorrectly in favour of “Yes” despite no official agreement. Reports suggest UMA token whales influenced the outcome, causing user losses and raising governance concerns. Polymarket denies market failure and refuses refunds, leaving its future credibility in question.
CatherineUS President Trump suggested reducing tariffs on Chinese imports to help secure a deal for TikTok's US operations, which must be sold by 5 April 2025. Negotiations with potential buyers are ongoing, but the sale's success depends on approval from the US, China, and ByteDance.
WeatherlySouth Korea has pressured Google Play to block 17 foreign crypto exchanges, including KuCoin and MEXC, to protect local investors and enforce strict regulations on unregistered platforms.
KikyoAlibaba’s "Qwen2.5-Omni-7B" AI model processes text, images, audio, and video with natural speech responses, running on smartphones. This innovation accelerates real-time applications and highlights China’s growing dominance in the AI race.
CatherineIndonesian authorities are investigating a cryptocurrency scam where victims were tricked into transferring large sums to bank accounts, including those linked to Bank Central Asia (BCA). BCA has responded by pledging full cooperation with law enforcement and urging customers to stay vigilant against fraud.
AnaisLove and Deepspace, a hit mobile game, captivates young women in China and beyond with its lifelike 3D characters and futuristic romance. Fans extend their passion offline, hosting events, posing with cutouts, and trading handmade merchandise.
KikyoArgentinians are losing trust in President Javier Milei after his alleged involvement in the $4.6 billion Libra crypto scandal, with polls showing a drop in his approval rating. Despite this, his party still leads in election polls, though doubts about his leadership and economic policies are growing.
WeatherlyA surge in Ghibli-inspired memecoins on the Solana blockchain follows a viral trend of AI-generated Ghibli-style art, with the largest token, Ghiblification (GHIBLI), reaching a $20.8 million market cap. This trend has sparked renewed interest in the memecoin market, though its speculative nature remains a risk for investors.
AnaisStarting 2 April, the US will impose a 25% tariff on foreign-made cars, exempting domestic vehicles but imposing strict regulations on imported parts. Though Elon Musk advised Trump, the president insists the decision was independent. With Tesla’s stock faltering, is this a strategic move or an unspoken boost for Musk’s company?
Catherine