Golden Web3.0 Daily | China will suspend 24% tariffs on the United States for 90 days

DeFi data

1. Total market value of DeFi tokens: US$118.959 billion

DeFi total market value data source: coingecko

2. The trading volume of decentralized exchanges in the past 24 hours was US$8.818 billion

Source of transaction volume data from decentralized exchanges in the past 24 hours: coingecko

3. Locked assets in DeFi: US$117.992 billion

DeFi project locked assets ranking and locked positions data source: defilama

NFT data

1.NFT total market value: US$24.013 billion

The top ten NFT projects ranked in total market value and market value data source: Coinmarketcap

2.24-hour NFT trading volume: US$ 3.172 billion


The top ten NFT projects ranked in total market value and market value data source: Coinmarketcap

Top NFTs within 3.24 hours

NFTs with the top ten sales gains within 24 hours Source: NFTGO

Headlines

China will suspend the 24% tariff on U.S. goods for 90 days, retaining the remaining 10% tariff

According to Golden Finance, the Sino-US Geneva Economic and Trade Talks Joint Statement: China will modify the adjudication tariffs imposed on US goods as stipulated in the 2025 No. 4 of the Tax Commission Announcement: Among them, 24% of the tariffs will be suspended within the initial 90 days, while retaining the remaining 10% tariffs on these goods, and canceling the additional tariffs on these goods according to the Tax Commission Announcement No. 5 and No. 6 of 2025; taking necessary measures to suspend or cancel non- tariff countermeasures against the United States from April 2, 2025.

MEME hot spots

1. People familiar with the matter: Truth Social tokens, a subsidiary of Trump, will be issued within 72 hours

According to X user @cryptomanran, the Meme coins of Trump's social platform TruthSocial will be launched within the next 72 hours. It seems to be a member of the TRUMP team. Previously, Trump Media Group plans to launch TruthSocial utility tokens.

2.TRUMP broke through US$13.5, with a 24-hour increase of 22.6%

According to Golden Finance, the market shows that TRUMP has exceeded US$13.5 and is currently quoted at US$13.70, with a 24-hour increase of 22.6%. The market fluctuates greatly, please do a good job in risk control.

DeFi hotspots

1. On-chain liquidity distribution agreement Turtle Club completes a seed round of $6.2 million

According to Golden Finance, the on-chain liquidity distribution agreement Turtle Club announced today that it had completed a seed round of $6.2 million, led by THEIA, with Susquehanna, Consensys and Ethereum co-founder Joseph Lubin.

2. Analysis: Ethereum has achieved a recent increase of more than 60%, mainly due to the simplified vision and technological upgrade proposed by Vitalik

According to a report on May 12, according to the Matrixport today's analysis report, Ethereum has recently achieved an increase of more than 60%, mainly due to the simplified vision and technological upgrades proposed by Vitalik. On May 3, Vitalik proposed the simplified vision of Ethereum Layer 1 with "clearity" and "security" as the core. EIP-4850 introduced a revenue sharing mechanism with Layer 2 to help Ethereum capture value from L2 activities; EIP-7691 reduced L2 handling fees by expanding the capacity of data blocks, improved operating efficiency, and attracted more on-chain transactions to return to the main network. In addition, the report pointed out that Ethereum's recent liquidation scale surged to US$221 million, an abnormal phenomenon usually occurs during the market downward phase rather than during the price increase.

3. Cross-chain bridge Orbiter Finance announces integration of Sui and launches liquidity incentive program

On May 12, the cross-chain bridge Orbiter Finance announced the integration of Sui and launched a liquidity incentive plan, and jointly launched a six major Sui ecosystem DeFi protocols including NAVI, Astros, Momentum, Turbos Finance, Typus Finance, and Bucket Protocol launched an airdrop event with a total prize pool of US$24,000. From May 12 to 26, users can divide the rewards by completing cross-chain bridge, redemption and participating in various DeFi tasks to help capital flow into the Sui ecosystem.

4.LayerZero: There is currently no Season 2 airdrop plan, so users are advised not to flash the volume

According to Golden Finance, LayerZero co-founder and CEO Bryan Pellegrino posted on the X platform that it may require clear explanations. There is no Season 2 airdrop plan at this stage, and it may seem that it is a completely different matter, so users should not flash volume. LayerZero itself has a lot of work to do, but it won't focus on any form of meaningless trading volume.

5. Trump 's family crypto project WLFI: Pectra's successful upgrade is important and will fight side by side with Ethereum

Golden Finance reported that WLFI, a Trump family crypto project, posted on the X platform that the Ethereum community successfully launched the Pectra upgrade, which is an important step taken by Ethereum in terms of scalability, security and user experience. This update laid a key foundation for the future of decentralized finance and consolidated Ethereum's dominance in the global smart contract platform. WLFI will fight side by side with Ethereum, and the "best thing" has not arrived yet.

Disclaimer: As a blockchain information platform, the content of the articles published by Golden Finance is for information reference only and is not used as actual investment advice. Please establish the correct investment philosophy and be sure to improve your risk awareness.