Golden Web3.0 Daily | China will suspend the 24% tariff on the US for 90 days

Decentralized Finance Data

1. Total Market Capitalization of DeFi Tokens: 118.959 Billion USD

Total market cap of DeFi Data source: coingecko

2. The trading volume on decentralized exchanges in the past 24 hours is $8.818 billion

The trading volume of decentralized exchanges in the past 24 hours. Data source: coingecko

3.Locked Assets in DeFi: 1179.92** Billion USD**

Top Ten DeFi Projects by Locked Assets and Locking Amount Data Source: defillama

NFT Data

1.NFT Total Market Value: $24.013 Billion

Total market value of NFTs, top ten projects by market value Data source: Coinmarketcap

24-hour NFT trading volume: 3.172 billion dollars

Total market value of NFTs, top ten projects by market capitalization Data source: Coinmarketcap

Top NFTs in 24 Hours

Top ten NFTs with the highest sales increase in the last 24 hours. Data source: NFTGO

Headlines

China will suspend the imposition of a 24% tariff on American goods for 90 days, retaining the remaining 10% tariff

Golden Finance reported that the Sino-US Geneva Economic and Trade Talks Joint Statement: China will accordingly revise the ad valorem tariffs on U.S. goods stipulated in Tariff Commission Announcement No. 4 of 2025: Among them, 24% of the tariffs will be suspended within the initial 90 days, while retaining the remaining 10% of the tariffs on these goods, and canceling the additional tariffs on these goods according to Tariff Commission Announcement No. 5 and No. 6 of 2025; Take the necessary steps to suspend or cancel the non-tariff countermeasures against the United States from April 2, 2025.

MEME Hotspots

1. Insider: Trump's company Truth Social token will be issued within 72 hours

According to a report by Jinse Finance, X user @cryptomanran disclosed that the meme coin of Trump's social platform TruthSocial will be launched within the next 72 hours. It seems to be operated by members similar to the TRUMP team. Previously, it was reported that Trump Media Group plans to launch a utility token for TruthSocial.

2.TRUMP突破13.5美元，24小时涨幅达22.6%

Golden Finance reports that the market shows TRUMP has broken through $13.5, currently priced at $13.70, with a 24-hour increase of 22.6%. The market is highly volatile, please ensure proper risk control.

Decentralized Finance热点

1. On-chain liquidity allocation protocol Turtle Club completes $6.2 million seed round financing

Golden Finance reports that the on-chain liquidity distribution protocol Turtle Club announced today the completion of a $6.2 million seed round financing, led by THEIA, with participation from Susquehanna, Consensys, and Ethereum co-founder Joseph Lubin.

2. Analysis: Ethereum has recently achieved a rise of over 60%, mainly due to the simplified vision and technical upgrades proposed by Vitalik.

On May 12, news reported that according to Matrixport's analysis report today, Ethereum has recently achieved a surge of over 60%, mainly benefiting from the simplified vision and technical upgrades proposed by Vitalik. On May 3, Vitalik proposed a Layer 1 simplification vision for Ethereum centered on "clarity" and "security", in which EIP-4850 introduces a revenue sharing mechanism with Layer 2, helping Ethereum capture value from L2 activities; EIP-7691 reduces L2 transaction fees by expanding block data capacity, improving operational efficiency, and attracting more on-chain transactions back to the mainnet. In addition, the report points out that the recent liquidation scale of Ethereum surged to $221 million, a phenomenon that typically occurs during market downturns rather than during price increases.

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

On May 12, news came that the cross-chain bridge Orbiter Finance announced the integration of Sui and the launch of a liquidity incentive program, collaborating with six major Sui ecosystem DeFi protocols including NAVI, Astros, Momentum, Turbos Finance, Typus Finance, and Bucket Protocol to introduce an airdrop event with a total prize pool of $24,000. From May 12 to 26, users can share rewards by completing cross-chain bridging, exchanging, and participating in various DeFi tasks, helping to drive capital inflow into the Sui ecosystem.

4. LayerZero Co-founder: There is currently no Season 2 airdrop plan, and users are advised not to inflate their volume

Golden Finance reported that Bryan Pellegrino, co-founder and CEO of LayerZero, stated on the X platform that a clearer explanation may be needed, as there is currently no plan for a Season 2 airdrop, and it seems that it could be something completely different. Therefore, users are advised not to inflate trading volume. LayerZero itself has a lot of work to do, but it will not focus on any form of meaningless trading volume.

5**. Trump family's crypto project WLFI: The successful upgrade of Pectra is significant and will fight alongside Ethereum**

According to Jinse Finance, the Trump family's crypto project WLFI announced on platform X that the Ethereum community has successfully launched the Pectra upgrade. Pectra is an important step forward for Ethereum in terms of scalability, security, and user experience. This update lays a crucial foundation for the future of Decentralized Finance and solidifies Ethereum's dominant position among global smart contract platforms. WLFI will stand shoulder to shoulder with Ethereum, and "the best is yet to come."