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the DeFi market continued its recovery trend, with the total TVL slightly rising to $15.4221 billion, a 0.75% increase in 24 hours; DEX trading volume significantly rebounded to $14.449 billion, up 58% compared to the previous day, but still down 14.15% from a week ago. The on-chain hotspots are concentrated on Suilend, which paused lending due to the IKA Get Liquidated incident, Sky joining the competition for Hyperliquid stablecoin, WLD treasury narrative driving Eightco's stock price to a big pump of over 5000%, and Lion Group announcing the gradual replacement of SOL and SUI assets with HYPE. The overall tokens in the DeFi zone rose, with short-term market risks intertwined with long-term narratives.