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The crypto sector sees broad recovery, with the DeFi sector leading gains of over 8%

2026-05-21 02:28

According to SoSoValue data, the crypto market sector has seen a broad recovery, with 24-hour gains ranging from approximately 2% to 8%. The DeFi sector performed notably, rising by 8.37%. Within the sector, Hyperliquid (HYPE) increased by 17.07%, Jupiter (JUP) rose by 9.07%, and Ondo Finance (ONDO) was up 10.01%. Meanwhile, Bitcoin (BTC) rose 1.61%, breaking above $77,000; Ethereum (ETH) increased by 1.59%, surpassing $2,100.

It is worth noting that MAG7.ssi rose 1.73%, DEFI.ssi increased by 9.96%, and MEME.ssi was up 1.37%.

In other sectors, the Layer 2 sector saw a 24-hour increase of 4.85%, with Starknet (STRK) rising 9.23%; the Layer 1 sector grew by 3.60%, with Zcash (ZEC) surging 14.25%; the PayFi sector increased by 2.31%, with Dash (DASH) up 19.48%; the CeFi sector rose 2.28%, with Mantle (MNT) gaining 8.63%; and the Meme sector was up 0.38%, with Cheems Token (CHEEMS) rising 23.80%.

Reflecting the historical performance of the sectors, the crypto sector indices show that ssiDeFi, ssiLayer2, and ssiNFT indices rose by 9.78%, 5.27%, and 5.03%, respectively.