DeFi sector rises 1.42% amid crypto market consolidation

KuCoinFlash

Release Time: 03/12/2026 02:37:28

Summary

The DeFi sector rose 1.42% in the latest crypto market update, outperforming broader markets on March 12, 2026. Hyperliquid (HYPE) and River (RIVER) increased by 5.02% and 7.99%, respectively. Bitcoin and Ethereum remained near $70,000 and $2,000. SocialFi gained 1.66%, while Meme tokens declined 0.31%. No major DeFi exploits were reported within the 24-hour window.

Odaily Planet Daily report: On March 12, according to SoSoValue data, the cryptocurrency market as a whole showed a volatile adjustment trend, with the DeFi sector performing relatively strongly, rising 1.42% in 24 hours. Among these, Hyperliquid (HYPE) increased by 5.02%, and River (RIVER) rose by 7.99%. Bitcoin (BTC) and Ethereum (ETH) traded in a narrow range, holding steady near the $70,000 and $2,000 levels, respectively.

In other sectors, the SocialFi sector rose 1.66% over 24 hours, with Toncoin (TON) up 2.45%; the Layer1 sector increased 0.71%, led by Internet Computer (ICP) at +6.90%; the Layer2 sector gained 0.42%, with ImmutableX (IMX) up 3.82%; the CeFi sector rose 0.38%, as NEXO (NEXO) climbed 1.00%; the Meme sector declined 0.31%, though Siren (SIREN) rose 6.48%; and the PayFi sector fell 0.45%, with SafePal (SFP) up 2.04%.

The cryptocurrency sector indices reflecting historical sector performance showed that the ssiRWA, ssiDeFi, and ssiDePIN indices rose by 2.52%, 2.32%, and 2.12%, respectively.

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