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#DEFI Wu said that according to SoSoValue data, the crypto market sector fell across the board, with a 24-hour decline of about 4% to 10%. The CeFi sector is down 4.98% in 24 hours, the PayFi sector is down 6.22%, the Layer 1 sector is down 6.36%, the Layer 2 sector is down 7.06%, the DeFi sector is down 7.66%, and the Meme sector is down 9.12%, with the market cap of most tokens in the sector retraced to November 2024 levels.