DeFi market cap rises to $80 billion as HYPE hits record on SEC move and OpenZeppelin deal
- —DeFi segment market cap rose $7 billion to $79.8 billion, doubling the broader market's pace
- —HYPE hit an all-time high of $90.46, up 10.8% in a day
- —UNI rose 29.1% in a day and 49.2% in a week, to $9.00
- —S&P Global bought OpenZeppelin, whose solutions have supported transfers worth $37 trillion
Why it matters: The SEC opens the path for tokenized equities in DeFi, expanding demand for UNI, AAVE and HYPE and potentially speeding institutional capital inflows into on-chain finance.
Source: CoinDesk Japan