Golden Web3.0 Daily | Ethereum Q1 hits its worst performance in history

DeFi data

1. Total market value of DeFi tokens: US$96.125 billion

DeFi total market value data source: coingecko

2. The trading volume of decentralized exchanges in the past 24 hours was US$6.394 billion

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

3. Locked assets in DeFi: US$96.1 billion

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

NFT data

1.NFT total market value: US$19.493 billion

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

2.24-hour NFT trading volume: US$ 2.239 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

Ethereum hit its worst performance in Q1 2025, with negative returns for three consecutive months

According to Coinglass data, Ethereum experienced the most bleak start in recent years in the first quarter of 2025, showing negative returns for three consecutive months: January: -1.28% (historical average return: +20.63%, median: +31.92%); February: -31.95% (historical average return: +11.68%, median: +8.78%); March: -10.16% (historical average return: +19.55%, median: +9.96%); This is the first quarter when Ethereum has a complete data record in 2017. Comparing the performance of the first quarter of previous years: 2024: Two ups and one down (-0.13%, +46.28%, +9.33%); 2023: Full-quarter positive returns (+32.44%, +1.26%, +13.46%); 2022: Two ups and one down (-26.89%, +8.78%, +12.2%); 2021: Full-quarter positive returns (+78.51%, +8.41%, +34.74%).

MEME hot spots

1.mubarak, BUBB, and $BANANA rank among the top three BSC Ecological Meme Coin Trading Volume Ranking in the past 24 hours

According to GMGN data, mubarak, BUBB and $BANANA rank among the top three in the BSC ecological Meme currency trading volume rankings in the past 24 hours, including: mubarak's 24-hour trading volume reached US$35.8 million, with a market value of US$159 million, with a 21% increase in 24 hours; BUBB's 24-hour trading volume reached US$14.1 million, with a market value of US$15.4 million, with a 24-hour decline of 33%; $BANANA's 24-hour trading volume reached US$10 million, with a market value of US$55.6 million, with a 24-hour decline of 0.43%.

2. Embr.fun, a Meme application chain built on Initia, will be launched soon.

On March 21, Embr.fun, a Meme application chain built on Initia, will be launched soon. Add to the waitlist to get early access and exclusive rewards. Embr.fun is built by Embr Labs and developed powered by Initia Interwoven Stack. This project is specially built for the next generation of Meme economy, aiming to bring more innovative and interesting ways of playing Meme and become the first platform to promote the development of the next generation of Meme.

DeFi hotspots

1.Aptos ecological liquidity staking protocol Amnis Finance launches governance token AMI

On March 24, Aptos' ecological liquidity staking protocol Amnis Finance launched its governance token AMI, with a total of 1 billion pieces. Token allocation plans include: community rewards 20%, team rewards 20%, marketing 15%, ecological development 16%, investors 16%, liquidity 5%, and airdrop 8%.

2.dYdX: Will repurchase market tokens with a 25% agreement net fee

According to the official news of dYdX, the decentralized exchange dYdX announced the launch of its first $DYDX token repurchase program. From now on, the platform will repurchase DYDX tokens from the open market using a 25% net agreement fee per month.

3.Berachain launches the "Liquidity Proof" system to start the governance phase

Golden Finance reported that EVM-based Layer 1 blockchain Berachain will launch its Proof-of-Liquidity (PoL) system today, marking the official launch of its first phase of on-chain governance. The PoL system is designed to decentralize the supply of Berachain governance tokens BGT to enable on-chain governance. The first implementations will be conducted in a specific DeFi liquidity pool, and Berachain developers say they plan to add a new reward vault outside the initial DEX pool. Berachain’s PoL approach encourages users to provide liquidity to the network while allowing these assets to remain available. Unlike traditional Proof of Stake (PoS) blockchains that lock tokens, Berachain encourages users to pledge assets in the DeFi liquidity pool to earn governance token BGT. Verifiers then rely on the BGTs entrusted to them to increase their influence in consensus, which means that cybersecurity (through validators) is closely linked to the fluidity of the ecosystem.

4. Binance will support Celo network upgrade on March 26

On March 24, Binance announced that it will support Celo (CELO) network upgrades and hard forks. To this end, the platform will suspend the recharge and withdrawal operations of Celo network-related tokens from 09:00 on March 26, 2025. This network upgrade and hard fork are expected to be carried out at 11:00 Beijing time on March 26, 2025 at block height 31,056,500.

5. The AI ​​concept coins on the Solana chain rebounded, and BUZZ rose by more than 36% in 24 hours

According to GMGN market data, the AI ​​concept coins on Solana chain rebounded, including: Fartcoin's market value is now at US$575 million, an increase of 26.92% in 24 hours; ALCH's market value is now at US$58.2 million, an increase of 12.57% in 24 hours; GRIFFAIN's market value is now at US$50.1 million, an increase of 16.51% in 24 hours; BUZZ's market value is now at US$13.6 million, an increase of 36.12% in 24 hours.

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.