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The crypto sector is broadly recovering, with the DeFi sector leading the gains, up over 8%

2026-05-21 02:28

According to SoSoValue data from Odaily, the crypto market sectors have broadly rebounded, with 24-hour gains ranging from approximately 2% to 8%. Among them, the DeFi sector performed notably, rising 8.37%. Within the sector, Hyperliquid (HYPE) increased by 17.07%, Jupiter (JUP) by 9.07%, and Ondo Finance (ONDO) by 10.01%. Meanwhile, Bitcoin (BTC) rose 1.61%, breaking through $77,000; Ethereum (ETH) increased 1.59%, surpassing $2,100.

It is noteworthy that the MAG7.ssi index rose 1.73%, the DEFI.ssi index increased 9.96%, and the MEME.ssi index was up 1.37%.

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

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