Golden Web3.0 Daily | AAVE is now live on the Solana network

DeFi Data

1. Total Market Value of DeFi Tokens: $55.24B

Total Market Value of DeFi Data Source: CoinGecko

2. Trading Volume of Decentralized Exchanges in the Past 24 Hours: $8.09B

Trading Volume of Decentralized Exchanges in the Past 24 Hours Data Source: CoinGecko

3. Assets Locked in DeFi: $1.85B

Top 10 DeFi Projects by Locked Assets and Lockup Volume Data Source: DefiLlama

NFT Data

1. Total Market Value of NFTs: $700k

NFT Total Market Value, Top 10 Projects by Market Cap Data Source: CoinMarketCap

2. 24-Hour NFT Trading Volume: $1.849 billion

NFT Total Market Value, Top 10 Projects by Market Cap Data Source: CoinMarketCap

Headlines

AAVE Now Live on the Solana Network

On April 27, according to official news, AAVE is now live on the Solana network, supporting trading of this DeFi governance token on platforms like Phantom and Jupiter.
Aave is a non-custodial liquidity protocol where users can earn interest by supplying assets to the protocol or borrow against collateral.

AI Hot Topics

1. National Development and Reform Commission: Prohibit Foreign Investment in Manus Project According to Law and Regulations

On April 27, news reports that the Office of Foreign Investment Security Review Mechanism ( of the National Development and Reform Commission ) has made a decision to prohibit foreign investment in the Manus project according to law and regulations, requiring the involved parties to revoke the acquisition transaction.

2. Guangdong Artificial Intelligence Application Docking Conference Held

On April 27, according to Southern Daily, the Guangdong AI Application Docking Conference was held. The conference adopted a “1+5” model, featuring one main conference and five thematic matchmaking sessions. In the morning, the main conference announced a series of policies supporting AI development in Guangdong, showcasing 23 typical application cases across fields like “AI+” technology, manufacturing, healthcare, education, government affairs, agriculture, elder care, and public services, along with key product, R&D, supply-demand platform, application scenario, and industry ecosystem promotions. In the afternoon, five thematic sessions focused on “AI+” technological innovation, manufacturing, commerce and trade, public services, and computing-electrical synergy, organizing face-to-face precise supply-demand matching to promote deep integration of AI with the real economy.

3. China Academy of Information and Communications Technology Officially Launches DeepSeek V4 Localization Compatibility Testing

On April 27, according to the China Academy of Information and Communications Technology, AI driven by large models has become a core force leading technological change and industrial upgrading, with domestic large model iterations accelerating and increasing demands for software-hardware collaborative innovation. Recently, the new generation DeepSeek V4 model was officially released and open-sourced simultaneously. On the release day, multiple domestic hardware vendors began “0day” adaptation, entering a new stage of “co-frequency iteration and seamless connection” for domestic AI hardware and software, further highlighting the importance of hardware-software collaborative optimization. To promote deep integration of DeepSeek V4 with domestic hardware and software, accelerate technological collaboration and industry application, the China Academy of Information and Communications Technology (CAICT), together with the AI hardware-software collaborative innovation and adaptation verification center (located at the National Innovation Park, Beijing Economic and Technological Development Zone), officially launched DeepSeek V4 localization compatibility testing.

4. UK Minister Rejects Following EU AI Rules, Believes It Will Stifle Tech Innovation

On April 27, according to the Financial Times, the UK Secretary of State for Digital, Culture, Media and Sport expressed concerns about Prime Minister Sunak’s much-praised “EU Restart” plan, believing it could “stifle” UK innovation in fields from AI to lab-grown meat.
Sources familiar with the matter say that the plan to strengthen UK-EU relations is expected to keep the UK aligned with most EU regulations. However, some UK officials worry this could harm the UK’s tech industry and its alliance with the US. An insider familiar with discussions within the Department for Science, Innovation and Technology said the biggest concern so far is that the UK will be forced to adopt the EU’s stance on AI regulation. The insider noted that the European Commission “has been asking for alignment from the start.” They added, “The market believes that the way the UK develops its approach attracts investment—giving companies operational freedom. The US has taken notice of this freedom and directed investments and bases here. We need exemptions, but they are hard to obtain in such negotiations.”

5. Elon Musk Faces Defeat in $180 Billion Lawsuit Against OpenAI

On April 27, Elon Musk’s lawsuit against OpenAI was heard in court. Legal experts and market forecasters generally believe Musk has little chance of winning in the Oakland Federal Court. Since March, his win probability on the Kalshi platform has averaged around 40%, well below the 57% he boasted when posting in January that he was “eager to go to court.” Duke University ( Duke University ) law clinical professor and director of the Duke Center for Law, Innovation & Creativity Jeff Ward ( Jeff Ward ) commented on Musk’s chances, saying, “It’s possible to win, but savvy investors wouldn’t bet on him.”
Musk’s sought remedies include: demanding that OpenAI’s profit-driven subsidiary pay potentially over $180 billion in damages to its non-profit parent; removing CEO Sam Altman ( Sam Altman ) and President Greg Brockman ( Greg Brockman ) from leadership; and revoking OpenAI’s recent transition to a more traditional governance structure. Even achieving one of these proposals could severely disrupt OpenAI’s IPO process, which could happen as early as the end of this year.

DeFi Hot Topics

1. Pendle Distributes an Additional $7.49 Million CHIPS Rewards to sPENDLE Holders

On April 27, according to official sources, Pendle announced it had distributed a total of $7.49 million in CHIPS to sPENDLE holders, sourced from protocol fee income. The distribution was based on a time-weighted calculation of users’ sPENDLE holdings during the previous cycle (April 7 to April 20).
This CHIPS distribution is independent of the existing buyback rewards and is an additional income share. Going forward, Pendle will continue to enhance token holder incentives through fee sharing, buybacks, and other mechanisms to improve the protocol’s overall sustainability.

2. Curve Founder Proposes Market-Based Recovery of DeFi Bad Debts

On April 27, Curve founder Michael Egorov proposed recovering bad debts in lending protocols by converting impaired positions into tradable investment products.
The plan uses Curve’s own CRV-long LlamaLend market as a pilot, which incurred about $700k in bad debt in October 2025. Egorov has established a Curve StableSwap pool with approximately 71% collateralization, allowing trading of impaired vault tokens. Traders can buy at a discount, liquidity providers earn fees, and the DAO can accumulate impaired tokens through management fees.
Community feedback is mixed; some users question whether impaired positions without immediate returns will attract buyers.

3. Aave Proposes Community Vote to Suspend Token Buyback

On April 27, Aave ecosystem service provider TokenLogic launched a new governance proposal suggesting a temporary halt to the AAVE token buyback program.
The proposal states that the suspension will last until further developments regarding rsETH are clarified, with the timing of resumption to be decided later.

4. Western Union to Launch Solana-Based Stablecoin Plus “Stable Card” Next Month

On April 27, during its Q1 earnings call, global financial services giant Western Union announced it will launch a Solana-based stablecoin USDPT next month.
The company said this dollar-pegged stablecoin was first announced in October 2025 and is now in the “final stage.” Anchorage Digital Bank will be the issuer. The stablecoin is designed for settlement within Western Union’s global agent network, not for consumer use.

5. Morpho CEO: Institutional Entry into DeFi Inevitable, Control and Compliance Are Key

On April 27, Morpho CEO Paul Frambot posted on X, sharing insights from discussions with several large institutions over the past week.
First, institutional interest will not fade because distribution channels won’t disappear—massive asset management (AUM), payments, and lending are moving on-chain. Nearly all fintech firms aim for full on-chain integration. For institutions, this is not a “choice,” but a “must.”
Second, they have lost trust in pool/hub models; institutions and distributors want control over everything—code, risk, compliance. They also want flexibility to isolate their own operations and connect to compatible global liquidity networks.

Disclaimer: As a blockchain news platform, Jinse Finance’s published articles are for informational purposes only and do not constitute investment advice. Please establish correct investment concepts and enhance risk awareness.