According to SoSoValue data from Odaily Planet Daily, the crypto market continued its correction trend, but the DeFi sector rose against the trend by 1.81%. Within the sector, Chainlink (LINK) rose sharply by 14.32%. In terms of news, LINK released an on-chain reserve mechanism and will carry out strategic cooperation with ICE, the parent company of the New York Stock Exchange. In addition, Maker (MKR) and AERO (Aerodrome Finance) rose by 1.03% and 2.50% respectively; at the same time, DEFI.ssi rose by 5.27%.

Notably, Bitcoin (BTC) fell 1.08% in the 24-hour period, falling below $117,000, while Ethereum (ETH) dropped 0.35% to below $4,400.

In terms of other sectors, the Layer 1 sector fell 0.37% in the past 24 hours, but Cardano (ADA) was relatively strong, rising 1.56%; the Layer 2 sector fell 0.38%, and within the sector, ex-MATIC (POL) and Arbitrum (ARB) rose against the trend by 5.34% and 7.73% respectively; the CeFi sector fell 0.94%, and LEO Token (LEO) climbed slightly by 2.29%; the Meme sector fell 1.13%, and MemeCore (M) rose 7.15% during the session; the PayFi sector fell 2.06%, and Monero (XMR) rose 4.20%.

The crypto sector index, which reflects the historical market trends of the sector, shows that the ssiLayer 1, ssiSocialFi, and ssiLayer 2 indices fell by 0.31%, 0.35%, and 0.37%, respectively.