{"id":1447,"date":"2025-07-27T12:41:19","date_gmt":"2025-07-27T04:41:19","guid":{"rendered":"https:\/\/www.db-hk.com\/?p=1447"},"modified":"2025-07-27T12:41:19","modified_gmt":"2025-07-27T04:41:19","slug":"%e4%bb%a5%e5%a4%aa%e5%9d%8a%e9%87%8d%e5%9b%9e4000%e7%be%8e%e5%85%83%ef%bc%8c%e7%94%9f%e6%80%81%e5%9f%ba%e6%9c%ac%e9%9d%a2%e7%9c%9f%e7%9a%84%e5%8f%98%e4%ba%86%e5%90%97%ef%bc%9f","status":"publish","type":"post","link":"http:\/\/www.fubairui.net\/?p=1447","title":{"rendered":"\u4ee5\u592a\u574a\u91cd\u56de4000\u7f8e\u5143\uff0c\u751f\u6001\u57fa\u672c\u9762\u771f\u7684\u53d8\u4e86\u5417\uff1f"},"content":{"rendered":"<p>\u7ecf\u8fc7\u524d\u51e0\u65e5\u7684\u725b\u5e02\u56de\u8c03\u9636\u6bb5\uff0cETH \u4ef7\u683c\u518d\u6b21\u7ad9\u4e0a 3900 \u7f8e\u5143\u3002\u56de\u987e\u8fd9\u4e00\u5e74\u6765\u4ee5\u592a\u574a\u7684\u53d1\u5c55\uff0c\u6709\u5f88\u591a\u590d\u6742\u56e0\u7d20\u548c\u60c5\u611f\uff0c\u4e00\u65b9\u9762\u574e\u6606\u5347\u7ea7\u987a\u5229\u5b8c\u6210\u3001\u73b0\u8d27 ETF \u6b63\u5f0f\u901a\u8fc7\uff0c\u6280\u672f\u3001\u57fa\u672c\u9762\u4e0a\u90fd\u8fce\u6765\u4e86\u725b\u5e02\u65b0\u9762\u8c8c\uff1b\u4f46\u53e6\u4e00\u65b9\u9762\u968f\u7740\u6bd4\u7279\u5e01\u3001SOL\u3001BNB \u63a5\u8fde\u7a81\u7834\u5386\u53f2\u65b0\u9ad8\uff0cETH \u7684\u4ef7\u683c\u4ecd\u5728 4000 \u7f8e\u5143\u5173\u53e3\u5f98\u5f8a\u3002<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.web3sj.com\/wp-content\/uploads\/2024\/12\/04db281a-93f1-4702-98d8-1b64ce27d6ff.webp\" alt=\"\u4ee5\u592a\u574a\u91cd\u56de4000\u7f8e\u5143\uff0c\u751f\u6001\u57fa\u672c\u9762\u771f\u7684\u53d8\u4e86\u5417\uff1f\" \/><img decoding=\"async\" class=\"j-lazy\" src=\"https:\/\/www.web3sj.com\/wp-content\/themes\/justnews\/themer\/assets\/images\/lazy.png\" data-original=\"https:\/\/www.web3sj.com\/wp-content\/uploads\/2024\/12\/04db281a-93f1-4702-98d8-1b64ce27d6ff.webp\" alt=\"\u4ee5\u592a\u574a\u91cd\u56de4000\u7f8e\u5143\uff0c\u751f\u6001\u57fa\u672c\u9762\u771f\u7684\u53d8\u4e86\u5417\uff1f\" \/><\/figure>\n<p>\u4ece\u4e0a\u56fe ETH \u4eca\u5e74\u7684\u4ef7\u683c\u8d70\u52bf\u56fe\u53ef\u4ee5\u770b\u51fa\uff0c\u4ee5\u592a\u574a\u4eca\u5e74\u4ee5\u6765\u7ecf\u5386\u4e86\u4e09\u4e2a\u4e3b\u8981\u9636\u6bb5\uff0c\u800c\u4e09\u4e2a\u9636\u6bb5\u7684\u4e0a\u6da8\u5206\u522b\u5bf9\u5e94\u7740\u4e0d\u540c\u539f\u56e0\u3002\u5e74\u521d\u6bd4\u7279\u5e01\u73b0\u8d27 ETF \u901a\u8fc7\uff0c\u4ee5\u592a\u574a\u7684\u4ef7\u683c\u8ddf\u968f\u5e02\u573a\u60c5\u7eea\u8d70\u9ad8\uff0c\u4e00\u5ea6\u7a81\u7834 4100 \u7f8e\u5143\uff0c\u4f46\u5728 3 \u6708\u5e95\u540c\u6837\u968f\u7740\u5927\u76d8\u5f00\u59cb\u8d70\u4f4e\u3002\u53c8\u56e0\u4e3a SOL \u53ca\u5176\u751f\u6001\u7684\u5f3a\u52bf\u51b2\u9ad8\uff0c\u4ee5\u592a\u574a\u751f\u6001\u9762\u4e34\u5927\u91cf\u6d41\u52a8\u6027\u51fa\u8d70\u3002<\/p>\n<p>5 \u6708\uff0c\u4ee5\u592a\u574a\u73b0\u8d27 ETF \u83b7\u6279\uff0c\u4ef7\u683c\u66fe\u77ed\u6682\u51b2\u9ad8\uff0c\u4f46\u5176\u9700\u6c42\u5e76\u672a\u5982\u6bd4\u7279\u5e01\u4e00\u6837\u5f3a\u52b2\u3002\u5e02\u573a\u5bf9\u4ee5\u592a\u574a ETF \u63a8\u51fa\u7684\u6700\u521d\u53cd\u5e94\u662f\u8d1f\u9762\u7684\uff0c\u56e0\u4e3a\u8d2d\u4e70\u7070\u5ea6\u4ee5\u592a\u574a\u4fe1\u6258\u5e76\u9884\u671f\u5176\u8f6c\u6362\u4e3a ETF \u7684\u6295\u673a\u6295\u8d44\u8005\u83b7\u5229\u4e86\u7ed3\uff0c\u51fa\u73b0 10 \u4ebf\u7f8e\u5143\u7684\u8d44\u91d1\u5916\u6d41\uff0c\u7ed9\u4ee5\u592a\u574a\u4ef7\u683c\u5e26\u6765\u4e86\u4e0b\u884c\u538b\u529b\u3002\u518d\u52a0\u4e0a ETH \u504f\u5411\u4e8e\u79d1\u521b\u4ea7\u54c1\u7684\u53d9\u4e8b\u76f8\u8f83\u4e8e BTC \u7684\u300c\u6570\u5b57\u9ec4\u91d1\u300d\u66f4\u4e0d\u6613\u6253\u52a8\u4f20\u7edf\u5e02\u573a\u4ee5\u53ca SEC \u7981\u6b62\u4ee5\u592a\u574a\u73b0\u8d27 ETF \u6d89\u8db3\u8d28\u62bc\u529f\u80fd\u7684\u9650\u5236\u5ba2\u89c2\u4e0a\u4e5f\u524a\u5f31\u4e86\u5176\u5438\u5f15\u529b\u3002<\/p>\n<p>\u8fd9\u4e4b\u540e\uff0c\u4ee5\u592a\u574a\u57fa\u91d1\u4f1a\u3001\u518d\u8d28\u62bc\u751f\u6001\u3001\u8def\u7ebf\u56fe\u4e4b\u4e89\u63a5\u8e35\u800c\u81f3\uff0c\u4ee5\u592a\u574a\u8fce\u6765\u4e00\u6bb5\u81f3\u6697\u65f6\u523b\u3002<\/p>\n<p>11 \u6708\uff0c\u7f8e\u56fd\u5927\u9009\u5c18\u57c3\u843d\u5b9a\uff0c\u4eb2\u52a0\u5bc6\u7684\u5171\u548c\u515a\u548c\u7279\u6717\u666e\u4e3a\u6574\u4e2a\u52a0\u5bc6\u751f\u6001\u5e26\u6765\u4e86\u66f4\u5f3a\u52b2\u7684\u4fe1\u5fc3\u548c\u6d41\u52a8\u6027\u6ce8\u5165\uff0c\u4ee5\u592a\u574a\u4e5f\u56e0\u6b64\u8fce\u6765\u4eca\u5e74\u7b2c\u4e09\u6ce2\u4e0a\u6da8\u3002\u800c\u8fd9\u4e00\u6b21\u4e0a\u6da8\u4e0d\u540c\u4ee5\u5f80\uff0c\u673a\u6784\u660e\u724c\u5165\u573a\uff0c\u6d41\u52a8\u6027\u57fa\u672c\u9762\u7684\u6539\u5584\uff0c\u662f\u8fd9\u4e2a\u5e02\u573a\u5728\u7528\u8d44\u91d1\u5728\u544a\u8bc9\u6211\u4eec\uff0c\u673a\u6784\u8ba4\u53ef\u3001\u770b\u597d\u7684\u662f\u4ec0\u4e48\uff1b\u800c\u4ee5\u592a\u574a\uff0c\u4e5f\u6ce8\u5b9a\u4f1a\u5ef6\u7eed\u5176\u300c\u4e16\u754c\u8ba1\u7b97\u673a\u300d\u7684\u521d\u5fc3\u3002<\/p>\n<p><strong>\u6d41\u52a8\u6027\u57fa\u672c\u9762\u6539\u5584<\/strong><\/p>\n<p>12 \u6708\u4ee5\u6765\uff0c\u4ee5\u592a\u574a\u73b0\u8d27 ETF \u5df2\u7ecf\u8fde\u7eed\u534a\u4e2a\u6708\u51c0\u6d41\u5165\u8d85 22 \u4ebf\u7f8e\u5143\uff0cThe ETF Store \u603b\u88c1 Nate Geraci \u5728\u793e\u4ea4\u5e73\u53f0\u4e0a\u8868\u793a\u987e\u95ee\u548c\u673a\u6784\u6295\u8d44\u8005\u624d\u521a\u521a\u5f00\u59cb\u5173\u6ce8\u8fd9\u4e00\u9886\u57df\u3002<\/p>\n<p>\u4eca\u5e74\u7b2c\u4e09\u5b63\u5ea6\uff0c\u6469\u6839\u58eb\u4e39\u5229\u3001\u6469\u6839\u5927\u901a\u548c\u9ad8\u76db\u7b49\u94f6\u884c\u5927\u5e45\u589e\u52a0\u4e86\u6bd4\u7279\u5e01 ETF \u7684\u6301\u4ed3\u89c4\u6a21\uff0c\u5b63\u5ea6\u73af\u6bd4\u6301\u4ed3\u91cf\u51e0\u4e4e\u7ffb\u500d\uff0c\u4f46\u4ed6\u4eec\u7684\u6295\u8d44\u8303\u56f4\u4e0d\u4ec5\u9650\u4e8e\u6bd4\u7279\u5e01\uff0c\u6839\u636e\u6700\u65b0\u7684 13F \u6587\u4ef6\u663e\u793a\uff0c\u8fd9\u4e9b\u673a\u6784\u81ea\u90a3\u65f6\u8d77\u8fd8\u5f00\u59cb\u8d2d\u4e70\u4ee5\u592a\u574a\u73b0\u8d27 ETF\u3002<\/p>\n<p>\u53e6\u5916\uff0c\u524d\u4e24\u5b63\u5ea6\u7f8e\u56fd\u5a01\u65af\u5eb7\u661f\u5dde\u6295\u8d44\u59d4\u5458\u4f1a\u3001\u5bc6\u6b47\u6839\u5dde\u9000\u4f11\u7cfb\u7edf\u5206\u522b\u8d2d\u4e70\u4e86\u6bd4\u7279\u5e01\u73b0\u8d27 ETF\uff0c\u5bc6\u6b47\u6839\u5dde\u5728\u7b2c\u4e09\u5b63\u5ea6\u8fdb\u4e00\u6b65\u8d2d\u4e70\u4e86\u4ef7\u503c\u8d85\u8fc7 1300 \u4e07\u7f8e\u5143\u7684\u4ee5\u592a\u574a\u73b0\u8d27 ETF\u3002\u8fd9\u8bf4\u660e\u8c61\u5f81\u7740\u4f4e\u98ce\u9669\u504f\u597d\u3001\u504f\u957f\u671f\u6295\u8d44\u7684\u517b\u8001\u57fa\u91d1\u4e0d\u4ec5\u8ba4\u53ef\u6bd4\u7279\u5e01\u4f5c\u4e3a\u6570\u5b57\u4ef7\u503c\u5b58\u50a8\u7684\u89d2\u8272\uff0c\u8fd8\u770b\u91cd\u4ee5\u592a\u574a\u7684\u589e\u957f\u6f5c\u529b\u3002<\/p>\n<p>\u4ee5\u592a\u574a\u73b0\u8d27 ETF \u901a\u8fc7\u4e4b\u521d\uff0c\u6469\u6839\u5927\u901a\u66fe\u5728\u4e00\u4efd\u62a5\u544a\u4e2d\u6307\u51fa\u4ee5\u592a\u574a\u73b0\u8d27 ETF \u9700\u6c42\u5c06\u8fdc\u4f4e\u4e8e\u6bd4\u7279\u5e01\u73b0\u8d27 ETF\uff0c\u4e0d\u8fc7\u62a5\u544a\u9884\u8ba1\u4eca\u5e74\u5269\u4f59\u65f6\u95f4\u5185\u73b0\u8d27\u4ee5\u592a\u574a ETF \u5c06\u5438\u5f15\u9ad8\u8fbe 30 \u4ebf\u7f8e\u5143\u7684\u51c0\u6d41\u5165\uff0c\u5982\u679c\u5141\u8bb8\u8d28\u62bc\uff0c\u8fd9\u4e00\u6570\u5b57\u53ef\u80fd\u4f1a\u9ad8\u8fbe 60 \u4ebf\u7f8e\u5143\u3002<\/p>\n<p>\u8d1d\u83b1\u5fb7\u7f8e\u56fd\u4e3b\u9898\u548c\u4e3b\u52a8\u578b ETF \u4e3b\u7ba1 Jay Jacobs \u5728\u300cETFs in Depth\u300d\u4f1a\u8bae\u4e0a\u8868\u793a\u300c\u6211\u4eec\u76ee\u524d\u5bf9\u6bd4\u7279\u5e01\uff0c\u5c24\u5176\u662f\u4ee5\u592a\u574a\u7684\u63a2\u7d22\u8fd8\u53ea\u662f\u51b0\u5c71\u4e00\u89d2\uff0c\u53ea\u6709\u6781\u5c11\u6570\u7684\u5ba2\u6237\u6301\u6709\uff08IBIT \u548c ETHA\uff09\uff0c\u6240\u4ee5\u6211\u4eec\u76ee\u524d\u7684\u91cd\u70b9\u5728\u4e8e\u8fd9\u65b9\u9762\uff0c\u800c\u4e0d\u662f\u63a8\u51fa\u65b0\u7684\u5c71\u5be8\u5e01 ETF\u3002<\/p>\n<p>\u5728\u4e00\u4efd Blockworks Research \u7684\u8c03\u67e5\u62a5\u544a\u4e2d\uff0c\u7edd\u5927\u591a\u6570\uff0869.2%\uff09\u7684\u53d7\u8bbf\u8005\u76ee\u524d\u6301\u6709 ETH\uff0c\u5176\u4e2d 78.8% \u662f\u6295\u8d44\u516c\u53f8\u6216\u8d44\u4ea7\u7ba1\u7406\u516c\u53f8\uff0c\u8fd9\u8868\u660e\u5728\u6536\u76ca\u751f\u6210\u548c\u7f51\u7edc\u5b89\u5168\u8d21\u732e\u7684\u63a8\u52a8\u4e0b\uff0c\u673a\u6784\u5bf9 ETH \u8d28\u62bc\u7684\u53c2\u4e0e\u610f\u613f\u5df2\u8fbe\u5230\u4e34\u754c\u89c4\u6a21\u3002<\/p>\n<p>\u673a\u6784\u6b63\u5728\u79ef\u6781\u53c2\u4e0e ETH \u8d28\u62bc\uff0c\u4f46\u53c2\u4e0e\u7a0b\u5ea6\u548c\u65b9\u6cd5\u5404\u4e0d\u76f8\u540c\uff0c\u76d1\u7ba1\u7684\u4e0d\u786e\u5b9a\u6027\u5bfc\u81f4\u5404\u65b9\u91c7\u53d6\u4e86\u4e0d\u540c\u7684\u6001\u5ea6\uff0c\u4e00\u4e9b\u673a\u6784\u8c28\u614e\u884c\u4e8b\uff0c\u800c\u53e6\u4e00\u4e9b\u673a\u6784\u5219\u4e0d\u592a\u62c5\u5fc3\uff0c\u5e76\u4e14\u673a\u6784\u53c2\u4e0e\u8005\u5bf9\u4e0e\u8d28\u62bc\u76f8\u5173\u7684\u64cd\u4f5c\u65b9\u9762\u548c\u98ce\u9669\u6709\u5f88\u9ad8\u7684\u8ba4\u8bc6\u3002<\/p>\n<p><strong>\u6f6e\u6d41\u9006\u8f6c<\/strong><\/p>\n<p>\u81ea FTX \u66b4\u96f7\u540e\uff0cCoinbase\u3001Kraken\u3001Ripple \u7b49\u63a5\u8fde\u53d7\u5230 SEC \u7b49\u7f8e\u56fd\u76d1\u7ba1\u673a\u6784\u7684\u4e25\u5389\u6253\u51fb\uff0c\u8bb8\u591a\u52a0\u5bc6\u9879\u76ee\u751a\u81f3\u65e0\u6cd5\u5728\u7f8e\u56fd\u4e3b\u6d41\u94f6\u884c\u5f00\u8bbe\u8d26\u6237\u3002\u800c\u5728\u4e0a\u4e2a\u725b\u5e02\u91cc\u56e0 DeFi \u5165\u573a\u7684\u4f20\u7edf\u91d1\u878d\u673a\u6784\u6295\u8d44\u8005\u4e5f\u906d\u53d7\u4e86\u5de8\u5927\u635f\u5931\uff0c\u5982 Toma Bravo\u3001Silver Lake\u3001Tiger\u3001Cotu \u7b49\u5927\u578b\u57fa\u91d1\u4e0d\u4ec5\u4ec5\u662f\u5728 FTX \u4e0a\u53d7\u632b\uff0c\u4ed6\u4eec\u8fd8\u4ee5\u9ad8\u4f30\u503c\u6295\u8d44\u4e86\u4e00\u4e9b\u5e76\u672a\u5151\u73b0\u5176\u5b8f\u5927\u627f\u8bfa\u7684\u52a0\u5bc6\u9879\u76ee\uff0c\u8d44\u91d1\u81f3\u4eca\u5e76\u672a\u56de\u6d41\u3002<\/p>\n<p>2022 \u5e74\u4e0b\u534a\u5e74\uff0c\u8bb8\u591a DeFi \u9879\u76ee\u88ab\u8feb\u8fc1\u79fb\u5230\u7f8e\u56fd\u4ee5\u5916\u7684\u5730\u533a\uff0c\u636e Alliance DAO \u8054\u521b qw \u7684\u8bf4\u6cd5\uff0c\u300c\u4e24\u5e74\u524d\uff0c\u5927\u7ea6 80% \u8fbe\u5230\u6807\u51c6\u7684\u52a0\u5bc6\u521d\u521b\u516c\u53f8\u4f4d\u4e8e\u7f8e\u56fd\uff0c\u7136\u800c\uff0c\u8fd9\u4e00\u6bd4\u4f8b\u81ea\u90a3\u65f6\u8d77\u6301\u7eed\u4e0b\u964d\uff0c\u76ee\u524d\u4ec5\u7ea6\u4e3a 20%\u3002\u300d<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.web3sj.com\/wp-content\/uploads\/2024\/12\/a6a03558-bdd9-46b8-848d-2b4f8a3442dc.webp\" alt=\"\u4ee5\u592a\u574a\u91cd\u56de4000\u7f8e\u5143\uff0c\u751f\u6001\u57fa\u672c\u9762\u771f\u7684\u53d8\u4e86\u5417\uff1f\" \/><img decoding=\"async\" class=\"j-lazy\" src=\"https:\/\/www.web3sj.com\/wp-content\/themes\/justnews\/themer\/assets\/images\/lazy.png\" data-original=\"https:\/\/www.web3sj.com\/wp-content\/uploads\/2024\/12\/a6a03558-bdd9-46b8-848d-2b4f8a3442dc.webp\" alt=\"\u4ee5\u592a\u574a\u91cd\u56de4000\u7f8e\u5143\uff0c\u751f\u6001\u57fa\u672c\u9762\u771f\u7684\u53d8\u4e86\u5417\uff1f\" \/><\/figure>\n<p>\u4f46 11 \u6708 6 \u65e5\uff0c\u7279\u6717\u666e\u80dc\u9009\uff0c\u7f8e\u56fd\u91d1\u878d\u7cfb\u7edf\u4e00\u76f4\u5728\u7b49\u5f85\u7684\u7eff\u706f\u4eae\u4e86\u3002<\/p>\n<p><strong>\u7279\u6717\u666e\u62ef\u6551\u5e01\u5708<\/strong><\/p>\n<p>\u7279\u6717\u666e\u80dc\u9009\uff0c\u65e0\u7591\u4e3a\u673a\u6784\u91c7\u7528\u626b\u6e05\u4e86\u76d1\u7ba1\u7591\u4e91\u3002<\/p>\n<p>\u5efa\u7acb\u653f\u5e9c\u6548\u7387\u90e8\u95e8\uff08Department of Government Efficiency\uff09\uff0c\u76f4\u63a5\u5c06\u9a6c\u65af\u514b\u3001\u76ae\u7279\u8482\u5c14\u3001\u9a6c\u514b\u5b89\u5fb7\u68ee\u7b49\u4e00\u7cfb\u5217\u534e\u5c14\u8857\u91d1\u878d\u7cbe\u82f1\u805a\u96c6\u5728\u5176\u9ebe\u4e0b\uff0c\u53c8\u4efb\u547d Paul Atkins \u4e3a SEC \u4e3b\u5e2d\u4e4b\u540e\uff0c\u7279\u6717\u666e\u53c8\u4efb\u547d PayPal \u8054\u521b David Sacks \u62c5\u4efb\u300c\u767d\u5bab\u4eba\u5de5\u667a\u80fd\u4e0e\u52a0\u5bc6\u8d27\u5e01\u4e8b\u52a1\u8d1f\u8d23\u4eba\u300d\u3002\u4e00\u7cfb\u5217\u4e3e\u63aa\u90fd\u663e\u793a\u51fa\u7279\u6717\u666e\u5c06\u4f1a\u6253\u9020\u4e00\u5c4a\u52a0\u5bc6\u76d1\u7ba1\u5bbd\u677e\u7684\u653f\u5e9c\u3002<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.web3sj.com\/wp-content\/uploads\/2024\/12\/e1a5553e-4ac5-4973-ae96-046c0905f0ae.webp\" alt=\"\u4ee5\u592a\u574a\u91cd\u56de4000\u7f8e\u5143\uff0c\u751f\u6001\u57fa\u672c\u9762\u771f\u7684\u53d8\u4e86\u5417\uff1f\" \/><img decoding=\"async\" class=\"j-lazy\" src=\"https:\/\/www.web3sj.com\/wp-content\/themes\/justnews\/themer\/assets\/images\/lazy.png\" data-original=\"https:\/\/www.web3sj.com\/wp-content\/uploads\/2024\/12\/e1a5553e-4ac5-4973-ae96-046c0905f0ae.webp\" alt=\"\u4ee5\u592a\u574a\u91cd\u56de4000\u7f8e\u5143\uff0c\u751f\u6001\u57fa\u672c\u9762\u771f\u7684\u53d8\u4e86\u5417\uff1f\" \/><\/figure>\n<p>\u6469\u6839\u5927\u901a\u5206\u6790\u5e08\u8868\u793a\u7279\u6717\u666e\u4e0a\u53f0\u540e\u51e0\u9879\u505c\u6ede\u4e0d\u524d\u7684\u52a0\u5bc6\u8d27\u5e01\u6cd5\u6848\u53ef\u80fd\u4f1a\u8fc5\u901f\u83b7\u5f97\u6279\u51c6\uff0c\u5305\u62ec\u300a21 \u4e16\u7eaa\u91d1\u878d\u521b\u65b0\u4e0e\u6280\u672f\u6cd5\u6848\u300b\uff08FIT21\uff09\uff0c\u8be5\u6cd5\u6848\u901a\u8fc7\u660e\u786e SEC \u548c CFTC \u7684\u76d1\u7ba1\u804c\u8d23\uff0c\u53ef\u80fd\u4e3a\u52a0\u5bc6\u884c\u4e1a\u63d0\u4f9b\u6025\u9700\u7684\u76d1\u7ba1\u660e\u786e\u6027\u3002\u5e76\u8868\u793a\uff0c\u968f\u7740\u76d1\u7ba1\u6846\u67b6\u66f4\u52a0\u6e05\u6670\uff0cSEC \u7684\u6267\u6cd5\u529b\u5ea6\u52a0\u5927\u7684\u7b56\u7565\u53ef\u80fd\u4f1a\u6f14\u53d8\u4e3a\u66f4\u5177\u534f\u4f5c\u6027\u7684\u65b9\u6cd5\uff0c\u5176\u9650\u5236\u94f6\u884c\u6301\u6709\u6570\u5b57\u8d44\u4ea7\u7684\u300a\u5458\u5de5\u4f1a\u8ba1\u516c\u544a\u7b2c 121 \u53f7\u300b\uff08SAB 121\uff09\u53ef\u80fd\u4f1a\u88ab\u5e9f\u9664\u3002<\/p>\n<p>\u800c\u9488\u5bf9 Coinbase \u7b49\u516c\u53f8\u7684\u9ad8\u8c03\u8bc9\u8bbc\u4e5f\u53ef\u80fd\u4f1a\u5f97\u5230\u7f13\u548c\u3001\u548c\u89e3\u751a\u81f3\u64a4\u9500\u3002\u5411 Robinhood \u548c Uniswap \u7b49\u516c\u53f8\u53d1\u51fa\u7684\u76d1\u7ba1\u901a\u77e5\u53ef\u4ee5\u91cd\u65b0\u8003\u8651\uff0c\u4ece\u800c\u964d\u4f4e\u66f4\u5e7f\u6cdb\u7684\u52a0\u5bc6\u884c\u4e1a\u7684\u8bc9\u8bbc\u98ce\u9669\uff0c<\/p>\n<p>\u9664\u4e86\u90e8\u95e8\u548c\u6cd5\u6848\u6539\u9769\uff0c\u7279\u6717\u666e\u56e2\u961f\u8fd8\u5728\u8003\u8651\u5927\u5e45\u524a\u51cf\u3001\u5408\u5e76\u751a\u81f3\u53d6\u6d88\u534e\u76db\u987f\u7684\u4e3b\u8981\u94f6\u884c\u76d1\u7ba1\u673a\u6784\u3002\u77e5\u60c5\u4eba\u58eb\u900f\u9732\uff0c\u7279\u6717\u666e\u987e\u95ee\u5728\u4e0e\u6f5c\u5728\u7684\u94f6\u884c\u76d1\u7ba1\u673a\u6784\u4eba\u9009\u9762\u8c08\u65f6\uff0c\u8be2\u95ee\u4e86\u90e8\u5206\u653f\u5e9c\u6548\u7387\u90e8\u4eba\u5458\u662f\u5426\u53ef\u4ee5\u5e9f\u9664\u8054\u90a6\u5b58\u6b3e\u4fdd\u9669\u516c\u53f8\uff08FDIC\uff09\u7b49\u95ee\u9898\u3002\u7279\u6717\u666e\u987e\u95ee\u8fd8\u8be2\u95ee\u4e86\u8054\u90a6\u5b58\u6b3e\u4fdd\u9669\u516c\u53f8\u548c\u8d27\u5e01\u76d1\u7406\u7f72\u7684\u6f5c\u5728\u4eba\u9009\u3002\u6b64\u5916\uff0c\u5176\u8fd8\u63d0\u51fa\u4e86\u5408\u5e76\u6216\u5f7b\u5e95\u6539\u9769\u8054\u90a6\u5b58\u6b3e\u4fdd\u9669\u516c\u53f8\u3001\u8d27\u5e01\u76d1\u7406\u7f72\u548c\u7f8e\u8054\u50a8\u7684\u8ba1\u5212\u3002<\/p>\n<p>\u968f\u7740\u653f\u7b56\u7ea2\u5229\u9010\u6e10\u91ca\u653e\uff0c\u7f8e\u56fd\u5e02\u573a\u66f4\u5927\u89c4\u6a21\u7684\u673a\u6784\u8d44\u91d1\u6709\u671b\u91cd\u8fd4\u52a0\u5bc6\u5e02\u573a\u3002<\/p>\n<p><strong>DeFi \u590d\u5174\u8fdb\u884c\u65f6<\/strong><\/p>\n<p>\u5bb6\u65cf\u529e\u516c\u5ba4\u3001\u6350\u8d60\u57fa\u91d1\u3001\u517b\u8001\u91d1\u8ba1\u5212\u7b49\u66f4\u4e3a\u7a33\u5065\u7684\u8d44\u672c\u4e0d\u4ec5\u4f1a\u5e03\u5c40\u4ee5\u592a\u574a\u73b0\u8d27 ETF\uff0c\u4e5f\u5c06\u518d\u6b21\u8fdb\u5165\u4e0a\u5468\u671f\u5df2\u88ab\u9a8c\u8bc1\u7684 DeFi \u9886\u57df\u3002<\/p>\n<p>\u4e0e 2021 \u5e74\u76f8\u6bd4\uff0c\u7a33\u5b9a\u5e01\u7684\u603b\u4f9b\u5e94\u91cf\u5df2\u7ecf\u8fbe\u5230\u4e86\u6700\u9ad8\u6c34\u5e73\uff0c\u800c\u7279\u6717\u666e\u80dc\u9009\u540e\u7684\u8fd9\u4e00\u4e2a\u591a\u6708\uff0c\u7a33\u5b9a\u5e01\u603b\u91cf\u66f4\u662f\u5df2\u7ecf\u589e\u53d1 \u8fd1 250 \u4ebf\u7f8e\u5143\uff0c\u76ee\u524d\u7a33\u5b9a\u5e01\u603b\u5e02\u503c\u8fbe 2022 \u4ebf\u7f8e\u5143\u3002<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.web3sj.com\/wp-content\/uploads\/2024\/12\/1d426317-9ad9-4723-9a0b-2a63ca04ec87.webp\" alt=\"\u4ee5\u592a\u574a\u91cd\u56de4000\u7f8e\u5143\uff0c\u751f\u6001\u57fa\u672c\u9762\u771f\u7684\u53d8\u4e86\u5417\uff1f\" \/><img decoding=\"async\" class=\"j-lazy\" src=\"https:\/\/www.web3sj.com\/wp-content\/themes\/justnews\/themer\/assets\/images\/lazy.png\" data-original=\"https:\/\/www.web3sj.com\/wp-content\/uploads\/2024\/12\/1d426317-9ad9-4723-9a0b-2a63ca04ec87.webp\" alt=\"\u4ee5\u592a\u574a\u91cd\u56de4000\u7f8e\u5143\uff0c\u751f\u6001\u57fa\u672c\u9762\u771f\u7684\u53d8\u4e86\u5417\uff1f\" \/><\/figure>\n<p>Coinbase \u4f5c\u4e3a\u7f8e\u56fd\u52a0\u5bc6\u4e0a\u5e02\u516c\u53f8\u7684\u9886\u5934\u7f8a\uff0c\u4eca\u5e74\u9664\u4e86\u653f\u6cbb\u4e0a\u7684\u51fa\u94b1\u51fa\u529b\uff0c\u5728 DeFi \u9886\u57df\u4e5f\u6709\u6240\u5efa\u6811\uff0c\u5176\u4e00\u65b9\u9762\u4f5c\u4e3a\u6700\u5927\u7684\u52a0\u5bc6 ETF \u6258\u7ba1\u5546\uff0c\u53e6\u4e00\u65b9\u9762\u63a8\u51fa\u4e86 cbBTC\u3002<\/p>\n<p>\u7531\u4e8e cbBTC \u4e0e\u5927\u591a\u6570\u6bd4\u7279\u5e01 ETF \u9762\u4e34\u76f8\u540c\u7684\u6258\u7ba1\u548c\u5bf9\u624b\u98ce\u9669\uff0c\u90e8\u5206\u4f20\u7edf\u91d1\u878d\u673a\u6784\u53ef\u80fd\u4f1a\u91cd\u65b0\u8bc4\u4f30\u662f\u5426\u7ee7\u7eed\u652f\u4ed8\u8d39\u7528\u6301\u6709\u6bd4\u7279\u5e01 ETF\uff0c\u800c\u8f6c\u5411\u51e0\u4e4e\u96f6\u6210\u672c\u5730\u53c2\u4e0e DeFi \u751f\u6001\u3002\u8fd9\u79cd\u8f6c\u53d8\u53ef\u80fd\u4e3a\u7ecf\u8fc7\u5e02\u573a\u8003\u9a8c\u7684 DeFi \u534f\u8bae\u5e26\u6765\u8d44\u91d1\u6d41\u5165\uff0c\u5c24\u5176\u662f\u5728 DeFi \u63d0\u4f9b\u7684\u6536\u76ca\u7387\u76f8\u8f83\u4f20\u7edf\u91d1\u878d\u66f4\u5177\u5438\u5f15\u529b\u7684\u60c5\u51b5\u4e0b\u3002<\/p>\n<p>\u8fd9\u4e00\u5468\u671f\u7684\u53e6\u4e00\u5927 DeFi \u677f\u5757\u662f RWA\uff0c\u4eca\u5e74 3 \u6708\uff0cBlackRock \u901a\u8fc7\u4e0e\u7f8e\u56fd\u4ee3\u5e01\u5316\u5e73\u53f0 Securitize \u5408\u4f5c\uff0c\u53d1\u884c\u4e86\u4ee3\u5e01\u5316\u57fa\u91d1 BUIDL\uff08BlackRock USD Institutional Digital Liquidity Fund\uff09\uff0c\u4ee5\u76f8\u5f53\u9ad8\u8c03\u7684\u59ff\u6001\u6b63\u5f0f\u5165\u5c40 RWA \u8d5b\u9053\u3002Apollo\u3001 Blackstone \u8fd9\u6837\u638c\u63e1\u5e9e\u5927\u8d44\u91d1\u6c60\u7684\u8d44\u672c\u5de8\u5934\uff0c\u4e5f\u5728\u5f00\u59cb\u51c6\u5907\u8fdb\u5165\u8fd9\u4e2a\u5e02\u573a\uff0c\u5e26\u6765\u5927\u91cf\u6d41\u52a8\u6027\u7684\u6ce8\u5165\u3002<\/p>\n<p>\u7279\u6717\u666e\u5bb6\u65cf\u63a8\u51fa DeFi \u9879\u76ee\u540e\uff0c\u5408\u89c4 DeFi \u4e00\u76f4\u662f\u88ab\u70ed\u8bae\u7684\u8bdd\u9898\u3002Uniswap\u3001Aave\u3001Lido \u7b49\u4ee5\u592a\u574a\u8001\u724c\u84dd\u7b79 DeFi \u9879\u76ee\u5728\u7279\u6717\u666e\u80dc\u9009\u4e4b\u540e\u4ef7\u683c\u4e0a\u7acb\u5373\u6709\u6240\u53cd\u5e94\uff0c\u7eb7\u7eb7\u4e0a\u6da8\u7a81\u7834\uff0c\u800c COW\u3001ENA\u3001ONDO \u7b49 DeFi \u677f\u5757\u7684\u540e\u8d77\u4e4b\u79c0\u4e5f\u63a5\u8fde\u65b0\u9ad8\u3002<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.web3sj.com\/wp-content\/uploads\/2024\/12\/847effd9-4e54-404c-a360-5bac0d6e9669.webp\" alt=\"\u4ee5\u592a\u574a\u91cd\u56de4000\u7f8e\u5143\uff0c\u751f\u6001\u57fa\u672c\u9762\u771f\u7684\u53d8\u4e86\u5417\uff1f\" \/><img decoding=\"async\" class=\"j-lazy\" src=\"https:\/\/www.web3sj.com\/wp-content\/themes\/justnews\/themer\/assets\/images\/lazy.png\" data-original=\"https:\/\/www.web3sj.com\/wp-content\/uploads\/2024\/12\/847effd9-4e54-404c-a360-5bac0d6e9669.webp\" alt=\"\u4ee5\u592a\u574a\u91cd\u56de4000\u7f8e\u5143\uff0c\u751f\u6001\u57fa\u672c\u9762\u771f\u7684\u53d8\u4e86\u5417\uff1f\" \/><\/figure>\n<p>\u4e0e\u6b64\u540c\u65f6\uff0c\u7279\u6717\u666e\u52a0\u5bc6 DeFi \u9879\u76ee WLFI \u8fd1\u6765\u4e5f\u5341\u5206\u9891\u7e41\u7684\u4ea4\u6613\u4ee5\u592a\u574a\u7cfb\u4ee3\u5e01\uff0c\u5206\u591a\u6b21\u4ea4\u6613\u5c06 500 \u4e07\u679a USDC \u5151\u6362\u4e3a 1325 \u679a ETH \u540e\uff0c\u5176\u591a\u7b7e\u5730\u5740\u53c8\u5206\u522b\u4e70\u5165 1000 \u4e07\u7f8e\u5143 ETH\u3001100 \u4e07\u7f8e\u5143 LINK \u4e0e 100 \u4e07\u7f8e\u5143 AAVE\u3002\u8fd1\u671f\u5de8\u9cb8\u589e\u6301 ETH \u7684\u6d88\u606f\u4e0d\u65ad\uff0c\u6697\u793a\u65e0\u8bba\u662f\u673a\u6784\u8fd8\u662f\u9cb8\u9c7c\u8d26\u6237\uff0c\u76ee\u5149\u6b63\u91cd\u56de\u4ee5\u592a\u574a\u751f\u6001\u3002<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.web3sj.com\/wp-content\/uploads\/2024\/12\/bae52d85-8057-4bf9-8046-28b67a1d7a67.webp\" alt=\"\u4ee5\u592a\u574a\u91cd\u56de4000\u7f8e\u5143\uff0c\u751f\u6001\u57fa\u672c\u9762\u771f\u7684\u53d8\u4e86\u5417\uff1f\" \/><img decoding=\"async\" class=\"j-lazy\" src=\"https:\/\/www.web3sj.com\/wp-content\/themes\/justnews\/themer\/assets\/images\/lazy.png\" data-original=\"https:\/\/www.web3sj.com\/wp-content\/uploads\/2024\/12\/bae52d85-8057-4bf9-8046-28b67a1d7a67.webp\" alt=\"\u4ee5\u592a\u574a\u91cd\u56de4000\u7f8e\u5143\uff0c\u751f\u6001\u57fa\u672c\u9762\u771f\u7684\u53d8\u4e86\u5417\uff1f\" \/><\/figure>\n<p class=\"has-text-align-center\">WLFI \u591a\u7b7e\u5730\u5740\u6301\u4ed3\u4fe1\u606f<\/p>\n<p>\u8fd1\u671f DeFi \u8d5b\u9053\u7684\u65b0\u8001\u9879\u76ee\u5728\u4ef7\u683c\u5c42\u9762\u7684\u8868\u73b0\u5df2\u65e0\u9700\u591a\u8a00\uff0c\u76ee\u524d\uff0cDeFi \u7684 TVL \u5927\u7ea6\u662f 1000 \u4ebf\u7f8e\u5143\uff0c\u5f53\u524d\u52a0\u5bc6\u8d27\u5e01\u548c\u76f8\u5173\u8d44\u4ea7\u7684\u603b\u4ef7\u503c\u5927\u7ea6\u662f 4 \u4e07\u4ebf\u7f8e\u5143\uff0c\u5176\u4e2d\u771f\u6b63\u6d3b\u8dc3\u5728 DeFi \u9886\u57df\u7684\u8d44\u91d1\u4ec5\u5360 2%\uff0c\u76f8\u6bd4\u6574\u4e2a\u52a0\u5bc6\u8d27\u5e01\u5e02\u573a\u7684\u89c4\u6a21\u6765\u8bf4\u4ecd\u7136\u5f88\u5c0f\u3002\u8fd9\u610f\u5473\u7740\u5728\u76d1\u7ba1\u98ce\u5411\u8f6c\u6696\u4e0b\uff0cDeFi \u5c1a\u6709\u5de8\u5927\u6210\u957f\u7a7a\u95f4\u3002<\/p>\n<p>Aave \u662f\u672c\u8f6e\u300c\u8d44\u91d1\u56de\u6d41\u300d\u7684\u5178\u578b\u53d7\u76ca\u8005\uff0c\u5176\u4ef7\u683c\u5728\u7279\u6717\u666e\u80dc\u9009\u524d\u4fbf\u5df2\u7a81\u7834\uff0c\u6b64\u540e TVL \u4e0e\u6536\u5165\u5448\u73b0\u7206\u53d1\u5f0f\u589e\u957f\uff1aTVL \u7a81\u7834 2021 \u5e74 10 \u6708\u5386\u53f2\u9ad8\u70b9\u8fbe 220 \u4ebf\u7f8e\u5143\uff1b\u4ee3\u5e01\u4ef7\u683c\u4ece\u5e74\u5185\u4f4e\u70b9 80 USDT \u4e00\u8def\u4e0a\u626c\uff0c\u5728 9 \u6708\u4e0a\u65ec\u7a81\u7834 3 \u6708\u9ad8\u70b9 140 USDT \u5e76\u5728 11 \u6708\u672b\u52a0\u901f\u4e0a\u6da8\uff1b\u534f\u8bae\u5355\u65e5\u603b\u6536\u5165\u8d85\u8fc7 2021 \u5e74 9 \u6708\u7684\u6b21\u9ad8\u5cf0\uff0c\u5468\u6536\u5165\u66f4\u521b\u4e0b\u5386\u53f2\u65b0\u9ad8\u3002<\/p>\n<p>\u5c3d\u7ba1 Aave \u8fd1\u671f\u5347\u7ea7\u4e86 V4\uff0c\u4f46\u5728\u6280\u672f\u5c42\u9762\u4e0a\u7684\u521b\u65b0\u52a8\u529b\u6216\u8bb8\u5e76\u4e0d\u8db3\u4ee5\u652f\u6491\u89c4\u6a21\u5982\u6b64\u4e4b\u5927\u7684\u4e0a\u6da8\uff0c\u76d1\u7ba1\u4e0e\u8d44\u91d1\u5c42\u9762\u7684\u63a8\u52a8\u663e\u7136\u662f\u66f4\u91cd\u8981\u7684\u903b\u8f91\uff0c\u751a\u81f3\u8fd9\u79cd\u63a8\u52a8\u4e5f\u5c06\u6ea2\u51fa\u81f3\u4e0a\u4e2a\u5468\u671f\u540c\u6837\u83b7\u5f97\u673a\u6784\u9752\u7750\u7684 NFT \u8d5b\u9053\u3002<\/p>\n<p><strong>\u4ee5\u592a\u574a\u7684\u672a\u6765<\/strong><\/p>\n<p>\u4ee5\u592a\u574a\u5728\u4eca\u5e74\u5e74\u4e2d\u5374\u906d\u9047\u4e86\u4e00\u7cfb\u5217\u751f\u6001\u53d1\u5c55\u76f8\u5173\u7684\u4e89\u8bae\u53ca\u8ba8\u8bba\uff0c\u968f\u7740 Solana \u7684\u5d1b\u8d77\uff0c\u65b0\u8001\u516c\u94fe\u5f00\u59cb\u593a\u53d6\u4ee5\u592a\u574a\u7684\u5f00\u53d1\u8005\u548c\u7528\u6237\u7fa4\uff0c\u751f\u6001\u7cfb\u7edf\u4e5f\u5f00\u59cb\u52a8\u6447\uff0c\u4ee5\u592a\u574a\u4f3c\u4e4e\u5fd8\u8bb0\u4e86\u5b83\u6700\u521d\u7684\u76ee\u6807\u3002\u4f5c\u4e3a\u7b2c\u4e00\u6761\u6253\u9020\u667a\u80fd\u5408\u7ea6\u7684\u533a\u5757\u94fe\uff0c\u4ee5\u592a\u574a\u901a\u8fc7\u5148\u53d1\u4f18\u52bf\u5728\u4e0a\u4e00\u5468\u671f\u6210\u529f\u8ba9\u5404\u5927\u673a\u6784\u6295\u8d44\u8005\u4e3a\u5176\u4e70\u5355\uff0c\u4e0d\u7ba1\u662f DeFi\u3001\u94fe\u6e38\u8fd8\u662f NFT\u3001\u5143\u5b87\u5b99\uff0c\u90fd\u9003\u4e0d\u51fa\u4ee5\u592a\u574a\u751f\u6001\uff0c\u5176\u300c\u4e16\u754c\u8ba1\u7b97\u673a\u300d\u7684\u521d\u5fc3\u5df2\u7ecf\u6df1\u5165\u4eba\u5fc3\u3002<\/p>\n<p>\u5c3d\u7ba1\u76ee\u524d\u4ee5\u592a\u574a\u7684\u6d41\u52a8\u6027\u57fa\u672c\u9762\u90fd\u6709\u4e50\u89c2\u7684\u6539\u5584\uff0c\u4f46\u4ece\u4ee5\u592a\u574a\u81ea\u8eab\u6765\u770b\uff0c\u5176\u65e5\u5747\u4ea4\u6613\u7b14\u6570\u3001Gas \u8d39\u3001\u6d3b\u8dc3\u5730\u5740\u6570\u7b49\u5404\u9879\u94fe\u4e0a\u6570\u636e\u6307\u6807\u5e76\u6ca1\u6709\u663e\u8457\u589e\u957f\u3002\u8fd9\u8bf4\u660e\u4ee5\u592a\u574a\u94fe\u4e0a\u6d3b\u8dc3\u5ea6\u5e76\u6ca1\u6709\u968f\u7740\u5176\u4ef7\u683c\u540c\u6b65\u63d0\u5347\uff0c\u533a\u5757\u7a7a\u95f4\u4ecd\u7136\u8fc7\u5269\u3002<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.web3sj.com\/wp-content\/uploads\/2024\/12\/ef4e4b08-1f4b-4128-b5b2-b2a0f50c058c.webp\" alt=\"\u4ee5\u592a\u574a\u91cd\u56de4000\u7f8e\u5143\uff0c\u751f\u6001\u57fa\u672c\u9762\u771f\u7684\u53d8\u4e86\u5417\uff1f\" \/><img decoding=\"async\" class=\"j-lazy\" src=\"https:\/\/www.web3sj.com\/wp-content\/themes\/justnews\/themer\/assets\/images\/lazy.png\" data-original=\"https:\/\/www.web3sj.com\/wp-content\/uploads\/2024\/12\/ef4e4b08-1f4b-4128-b5b2-b2a0f50c058c.webp\" alt=\"\u4ee5\u592a\u574a\u91cd\u56de4000\u7f8e\u5143\uff0c\u751f\u6001\u57fa\u672c\u9762\u771f\u7684\u53d8\u4e86\u5417\uff1f\" \/><\/figure>\n<p>\u8fc7\u53bb\u51e0\u5e74\uff0c\u4ee5\u592a\u574a\u7684\u91cd\u70b9\u5728\u4e8e\u642d\u5efa\u52a0\u5bc6\u8d27\u5e01\u7684\u57fa\u7840\u8bbe\u65bd\uff0c\u4e3a\u5e02\u573a\u63d0\u4f9b\u4e86\u5927\u91cf\u5ec9\u4ef7\u7684\u533a\u5757\u7a7a\u95f4\u3002\u8fd9\u4e00\u4e3e\u63aa\u4e00\u65b9\u9762\u63d0\u9ad8\u4e86 Dapp \u5bf9\u533a\u5757\u7684\u8bbf\u95ee\u6027\u80fd\u3001\u964d\u4f4e\u4e86 L2 \u6269\u5c55\u65b9\u6848\u7684\u4ea4\u6613\u6210\u672c\uff0c\u53e6\u4e00\u65b9\u9762\uff0c\u7531\u4e8e\u5e02\u573a\u6d41\u52a8\u6027\u4e0d\u8db3\u548c\u4ea4\u6613\u9700\u6c42\u4f4e\u8ff7\uff0c\u4ee5\u592a\u574a\u7684\u5e9e\u5927\u533a\u5757\u7a7a\u95f4\u5e76\u672a\u5f97\u5230\u5145\u5206\u5229\u7528\u3002<\/p>\n<p>\u7136\u800c\uff0c\u4ece\u957f\u671f\u6765\u770b\u8fd9\u5e76\u975e\u771f\u6b63\u7684\u95ee\u9898\u3002\u6b63\u5982\u524d\u6587\u6240\u8ff0\uff0c\u673a\u6784\u8d44\u91d1\u6b63\u9010\u6b65\u56de\u6d41\uff0c\u751a\u81f3\u5f00\u59cb\u4e3a\u6253\u9020\u4e13\u5c5e\u7684\u533a\u5757\u94fe\u7528\u4f8b\u3002\u5bf9\u4e8e\u62e5\u6709\u5b89\u5168\u6027\u4e0e\u7075\u6d3b\u67b6\u6784\u7684\u4ee5\u592a\u574a\u800c\u8a00\uff0cto B \u6b63\u662f\u5176\u4f18\u52bf\u6240\u5728\u3002\u5b83\u4e0d\u4ec5\u5728\u5b89\u5168\u6027\u4e0a\u5177\u6709\u538b\u5012\u6027\u4f18\u52bf\uff0c\u8fd8\u80fd\u517c\u5bb9\u4f17\u591a EVM \u9879\u76ee\uff0c\u4e3a\u5f00\u53d1\u8005\u63d0\u4f9b\u4e00\u4e2a\u51e0\u4e4e\u300c\u4e0d\u53ef\u80fd\u88ab\u89e3\u96c7\u300d\u7684\u9009\u62e9\u3002<\/p>\n<p>\u4ee5\u592a\u574a\u7684\u957f\u671f\u4ef7\u503c\u5c06\u53d6\u51b3\u4e8e\u5176\u533a\u5757\u8d44\u6e90\u7684\u7a00\u7f3a\u7a0b\u5ea6\uff0c\u4e5f\u5373\u4e16\u754c\u5bf9\u4ee5\u592a\u574a\u533a\u5757\u7ed3\u7b97\u7684\u5b9e\u9645\u3001\u6301\u7eed\u9700\u6c42\u3002\u968f\u7740\u673a\u6784\u4e0e\u5e94\u7528\u4e0d\u65ad\u6d8c\u5165\uff0c\u8fd9\u4e00\u7a00\u7f3a\u6027\u5fc5\u5c06\u6108\u53d1\u51f8\u663e\uff0c\u4ece\u800c\u4e3a\u4ee5\u592a\u574a\u5960\u5b9a\u66f4\u7262\u56fa\u7684\u4ef7\u503c\u57fa\u7840\u3002\u4ee5\u592a\u574a\u662f\u4e00\u4e2a\u673a\u6784\u7684\u4e16\u754c\u8ba1\u7b97\u673a\uff0c\u4ece DeFi \u5f00\u59cb\uff0c\u673a\u6784\u5c06\u5728\u672a\u6765\u89e3\u51b3\u4ee5\u592a\u574a\u533a\u5757\u8fc7\u5269\u3001\u8def\u7ebf\u56fe\u4e4b\u4e89\u7684\u95ee\u9898\u3002<\/p>\n<p>12 \u6708\u521d\uff0c\u4ee5\u592a\u574a\u7814\u7a76\u5458 Jon Charbonneau \u64b0\u5199\u4e86\u4e00\u7bc7\u957f\u6587\u5206\u6790\u4e3a\u4ec0\u4e48\u4ee5\u592a\u574a\u9700\u8981\u4e00\u4e2a\u66f4\u660e\u786e\u7684\u300c\u5317\u6781\u661f\u300d\u76ee\u6807\uff0c\u5176\u4e5f\u5efa\u8bae\u5c06\u4ee5\u592a\u574a\u7684\u751f\u6001\u529b\u91cf\u6c47\u805a\u5728\u300c\u4e16\u754c\u8ba1\u7b97\u673a\u300d\u8fd9\u4e00\u70b9\u4e0a\uff0c\u4e00\u5982\u6bd4\u7279\u5e01\u7684\u300c\u6570\u5b57\u9ec4\u91d1\u300d\uff0cSolana \u7684\u300c\u94fe\u4e0a\u7eb3\u65af\u8fbe\u514b\u300d\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u7ecf\u8fc7\u524d\u51e0\u65e5\u7684\u725b\u5e02\u56de\u8c03\u9636\u6bb5\uff0cETH \u4ef7\u683c\u518d\u6b21\u7ad9\u4e0a 3900 \u7f8e\u5143\u3002\u56de\u987e\u8fd9\u4e00\u5e74\u6765\u4ee5\u592a\u574a\u7684\u53d1\u5c55\uff0c\u6709\u5f88\u591a\u590d\u6742\u56e0\u7d20\u548c\u60c5\u611f [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-1447","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"http:\/\/www.fubairui.net\/index.php?rest_route=\/wp\/v2\/posts\/1447","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.fubairui.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.fubairui.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.fubairui.net\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.fubairui.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1447"}],"version-history":[{"count":1,"href":"http:\/\/www.fubairui.net\/index.php?rest_route=\/wp\/v2\/posts\/1447\/revisions"}],"predecessor-version":[{"id":3101,"href":"http:\/\/www.fubairui.net\/index.php?rest_route=\/wp\/v2\/posts\/1447\/revisions\/3101"}],"wp:attachment":[{"href":"http:\/\/www.fubairui.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1447"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.fubairui.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1447"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.fubairui.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1447"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}