The Defi market is gaining ground despite the weakness of US employment and speculation on the Fed

The decentralized finance market (DEFI) has seen its capitalization increase in the last 24 hours. According to Coingecko, it increased by more than 3 %, reaching around 168 billion dollars. This increase comes in the context of a major revision of employment data in the United States, which highlighted a weaker than expected labor market and aroused questions about the future federal reserve policy.

US employment figures reveal a weakened labor market

The American Labor Statistics Bureau has published preliminary revisions of its data, lowering the number of non -agricultural jobs for the year closed in March 2025 of 911,000 positions. This corresponds to a drop of 0.6 %, much greater than the historical average of 0.2 % observed in the last decade. These adjustments highlight a much more fragile job market than we thought so far.

This more marked than expected slowdown has led to speculations that the Federal Reserve could adjust its policy at its next meeting. The lower rate prospect has strengthened the risk of the risk, encouraging investors to turn to alternative assets such as decentralized finance tokens.

The DEFI continues to take momentum

Lower employment data generally increase the expectations of interest rate drops, which can support Bitcoin. The cryptocurrency always dominates the marketrepresenting approximately 57 % of total capitalization according to CoinmarketCap.

However, despite this dominant position, Bitcoin does not generate performance for its holders. Conversely, the tokens DEFI offer income via loan and loan protocols, which makes them particularly attractive when the rate fall in rates increase.

Arthur Hayes, co -founder of Bitmex, has linked the weakness of employment data to the expectations of a drop of 50 base points, based on the signals given by the yield of the Treasury Bon at two years. He explained that products like Susde, with yields close to 7 %, illustrate why important sums currently placed in monetary funds could migrate to the DEFI in search of better yields. To support his remarks, Hayes quoted the rise in ENA of Ethena, now above $ 1.50, as well as the expansion of the USDE supply, which now exceeds $ 20 billion.

The growing domination of the defi

Market share indicators confirm this trend. According to tradingView data, the Dominance DEFI index reached 3.46 %, its highest level since early February. This progression highlights the growing place of the DEFI in the global ecosystem of digital assets.

Some tokens linked to decentralized exchanges and other Defi projects have recorded notable gains:

• The hyperliquid hyper has increased by around 4 % in the last 24 hours and more than 23 % over the past week.
• The Token Myx Finance jumped more than 139 % in a single day and more than 1,153 % over seven days.
• ENA d'Ethena won 1.7 % on the last day.
• Ondo advanced 1 % over the same period.

Key events and factors to monitor

The attention is now turning to the monetary policy meeting of the Federal Reserve, scheduled around September 17, 2025. Market operators, on platforms like Polymarket, currently incorporate a high probability of a reduction of 25 basic points in the rate of federal funds. Such a decision could support new gains on digital assets by reducing the cost of credit.

Among the other determining factors in the coming days are:

• The publication of the American production price index on Wednesday, followed by the consumer price index Thursday, which could accentuate the concerns related to inflation.
• The evolution of the political situation in Europe, especially in France, likely to influence the feeling of market and to increase volatility.
• Dynamics in Japan, as well as bond market movements, which could also affect global financial stability.

If these conditions remain favorable, the tokens DEFI could maintain their dynamics and display moderate gains, even if the Crypto market as a whole remains relatively stable.