Golden Web3.0 Daily | Ethereum fees fell to their lowest level in five years

DeFi Data

1. Total market capitalization of DeFi tokens: $83.259 billion

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Total DeFi Market Cap Data source: coingecko

2. Trading volume of decentralized exchanges in the last 24 hours is $4.763 billion

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Trading volume of decentralized exchanges in the last 24 hours Data source: coingecko

3. Locked assets in DeFi: $89.531 billion

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The top 10 locked assets of DeFi projects and the amount of locked positions Data source: defillama

NFT Data

1. Total NFT market capitalization: $15.945 billion

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Top 10 NFT projects by total market capitalization and market capitalization Data source: Coinmarketcap

2.24-hour NFT trading volume: $1.823 billion

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Top 10 NFT projects by total market capitalization and market capitalization Data source: Coinmarketcap

Top NFTs in 3.24 hours

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Top 10 NFTs with sales gains in 24 hours Data source: NFTGO

Headlines

Ethereum fees down to lowest in five years

According to Santiment on the X platform, Ethereum fees have fallen to their lowest level in five years, with transaction costs currently at just $0.168. This is the lowest daily cost for ETH transfers since May 2, 2020.

MEME HOTSPOT

1. Bloomberg: Trump Team May Not Sell Quickly After Meme Coin TRUMP Unlocks

Cryptocurrency market participants are gearing up for a large number of meme coins to unlock listings, with Trump's meme coin TRUMP scheduled to unlock 40 million tokens allocated to affiliated groups on Thursday, meaning holders such as early investors or insiders who were previously restricted from selling can now freely trade these tokens. Messari analyst Dylan Bane said that once unlocked, it could trigger a sell-off, which could trigger a further decline in the price of the token, but the Trump team is too likely to do so because they don't want negative publicity. Edward Chin, co-founder of Parataxis, pointed out that if the Trump team works with the right market makers, unlocking may not be as important in the short term. But in the long run, the additional supply will put pressure on the price action, either driving the price down, or not being able to rise significantly even if new demand comes in.

DeFi hotspots

1.Ethena and Securitize plan to launch on Converge mainnet in Q2

DeFi protocol Ethena and asset tokenization platform Securitize plan to launch Converge, a blockchain focused on real-world assets (RWA), in the second quarter of this year, and the mainnet will be built on Arbitrum and Celestia, supporting USDe and USDtb tokens to pay gas fees and maintain security by staking ENA. Converge supports permissionless and institutional-compliant applications in parallel, aiming to connect traditional finance and crypto ecosystems.

2.Initia: Mainnet will go live on April 24th

According to official news, L1 blockchain Initia announced that it will launch its mainnet on April 24.

3.Solana DEX will have a market share of 39.6% in Q1 2025, ranking first among all chains

According to CoinGecko data, Solana dominated the DEX trading market in the first quarter of 2025, topping the market with a market share of 39.6% and a total trading volume of $293.7 billion.

4.Snapchain, the underlying technology of the Farcaster social network, has been officially launched

On April 17, Varun Srinivasan, the head of Snapchain, tweeted that Snapchain is now online and provides support for the Farcaster network.

5**.U.S. spot Ethereum ETF had a net outflow of $12.1 million yesterday**

According to Farside Investors, the U.S. spot Ethereum ETF had a net outflow of $12.1 million yesterday, according to Farside Investors.

6.Nautilus is now live on the Sui testnet, bringing verifiable off-chain privacy computing

On April 17, it was reported that as a powerful new member of the Sui security toolkit, Nautilus has now been launched on the Sui testnet. Built for Web3 developers, Nautilus allows developers to perform sensitive or computationally expensive operations off-chain in a self-managed, isolated, and tamper-proof Trusted Execution Environment (TEE). At the same time, these TEEs generate cryptographic proofs to ensure that the computation process is authentic. The application or user can submit the computation results on-chain, and the Move smart contract will verify these proofs before processing them. Currently, developers can now experience Nautilus on the Sui testnet. The GitHub repository already includes reproducible templates for building, deploying, and registering self-hosted AWS Nitro Enclaves, as well as a reference app that demonstrates the entire process from generating trusted proofs to on-chain validation. This release marks another important milestone for Sui in supporting privacy-preserving and verifiable off-chain computation to build privacy-first security applications such as tamper-proof real-world data oracles, autonomous proxy processes and on-chain traceability based on AI inference, hidden logic and metadata for fairplay Web3 games, and privacy-free authentication without exposing user information.