{"id":2658,"date":"2025-11-16T00:00:29","date_gmt":"2025-11-15T16:00:29","guid":{"rendered":"http:\/\/www.jineng168.com\/?p=2658"},"modified":"2025-11-16T00:00:29","modified_gmt":"2025-11-15T16:00:29","slug":"trend-research%ef%bc%9a%e5%86%99%e5%9c%a8%e6%9a%b4%e6%b6%a8%e5%89%8d%e5%a4%95%ef%bc%8c%e6%88%91%e4%bb%ac%e4%b8%ba%e4%bd%95%e7%9c%8b%e5%a5%bd-eth%ef%bc%9f","status":"publish","type":"post","link":"http:\/\/www.jineng168.com\/?p=2658","title":{"rendered":"Trend Research\uff1a\u5199\u5728\u66b4\u6da8\u524d\u5915\uff0c\u6211\u4eec\u4e3a\u4f55\u770b\u597d ETH\uff1f"},"content":{"rendered":"<h1 class=\"art_tit\">Trend Research\uff1a\u5199\u5728\u66b4\u6da8\u524d\u5915\uff0c\u6211\u4eec\u4e3a\u4f55\u770b\u597d ETH\uff1f<\/h1>\n<div class=\"content_text\">\n<div class=\"quote\">                        \u4ee5\u592a\u574a\u4f9d\u7136\u662f\u94fe\u4e0a\u91d1\u878d\u6700\u91cd\u8981\u7684\u57fa\u5efa\u3002                    <\/div>\n<p>\u6628\u65e5ETH\u53ca\u751f\u6001\u84dd\u7b79\u6807\u7684\u8fce\u6765\u4ef7\u683c\u66b4\u6da8\uff0cETH\u4e0a\u6da86.4%\uff0c\u6211\u4eec\u5728\u6b64\u524d\u7814\u7a76\u62a5\u544a\u4e2d\u63d0\u5230\u7684UNI\u4e0a\u6da824.4%\u3001AAVE\u4e0a\u6da813.1%\u3001ENA\u4e0a\u6da86.6%\u3002\u672c\u8f6eTrend Research\u77e5\u884c\u5408\u4e00\uff0c\u4ece1400\u7f8e\u5143\u5efa\u4ed3\u81f3\u4eca\uff0c\u770b\u597d\u5e76\u589e\u6301ETH\u76f8\u5173\u6807\u7684\uff0c\u5e76\u5728\u8fd1\u671f\u8d2d\u5165ETH\u770b\u6da8\u671f\u6743\uff0c\u6210\u4e3a\u5168\u7f51\u6700\u65e9\u660e\u724c\u770b\u597d\u5e76\u516c\u5f00\u6301\u4ed3\u5730\u5740\u7684\u4e8c\u7ea7\u6295\u8d44\u673a\u6784\u3002<\/p>\n<p>\u76ee\u524d\uff0c\u6211\u4eec\u4f9d\u7136\u770b\u597dETH\u7684\u5e95\u5c42\u903b\u8f91\u662f\uff1a\u7279\u6717\u666e\u653f\u5e9c\u81f4\u529b\u4e8e\u5efa\u7acb\u7a33\u5b9a\u5e01\u4f53\u7cfb\uff0c\u5229\u7528\u533a\u5757\u94fe\u53bb\u4e2d\u5fc3\u5316\u3001\u94fe\u4e0a\u7b49\u7279\u70b9\uff0c\u5438\u7eb3\u5168\u4e16\u754c\u5176\u4ed6\u56fd\u5bb6\u7684M2\u6d41\u52a8\u6027\uff0c\u4ece\u800c\u589e\u52a0\u5bf9\u7f8e\u503a\u7684\u9700\u6c42\u3002\u4e3a\u6b64\uff0c\u7279\u6717\u666e\u653f\u5e9c\u653e\u5bbd\u4e86\u5bf9\u52a0\u5bc6\u7684\u5b8f\u89c2\u76d1\u7ba1\uff0c\u63a8\u52a8\u76d1\u7ba1\u63aa\u65bd\u843d\u5730\u5b9e\u65bd\uff0c\u4ece\u5404\u4e2a\u65b9\u9762\u5bf9\u52a0\u5bc6\u8fdb\u884c\u89c4\u8303\uff0c\u4ee5\u5bb9\u7eb3\u66f4\u591a\u7684\u8d44\u91d1\u8fdb\u5165\u3002\u800c\u7a33\u5b9a\u5e01\u4ee5\u53ca\u94fe\u4e0a\u91d1\u878d\uff08DeFi\uff09\u7684\u6700\u91cd\u8981\u8bbe\u65bd\u5c31\u662f\u4ee5\u592a\u574a\u3002\u7a33\u5b9a\u5e01\u7684\u6d8c\u5165\u3001RWA\u7684\u6301\u7eed\u53d1\u5c55\u90fd\u4f1a\u5e26\u6765DeFi\u8fdb\u4e00\u6b65\u7684\u7e41\u8363\uff0c\u63a8\u52a8\u4ee5\u592a\u574a\u6d88\u8017\u7684\u589e\u52a0\u3001GAS\u6536\u5165\u7684\u589e\u52a0\uff0c\u63a8\u9ad8\u5176\u5e02\u503c\u3002<\/p>\n<p><img decoding=\"async\" class=\"formatImage\" src=\"https:\/\/s2.flink2.com\/news\/other\/20250612\/645c95334c87f67f52599b6496522723.jpg\" \/><\/p>\n<h2>\u4e00\u3001\u6301\u7eed\u4e50\u89c2\u7684\u52a0\u5bc6\u76d1\u7ba1<\/h2>\n<p>\uff08\u4e00\uff09\u52a0\u5bc6\u76d1\u7ba1\u7406\u5ff5\u8f6c\u53d8<\/p>\n<p>\u7279\u6717\u666e\u653f\u5e9c\u5c5e\u4e8e\u52a0\u5bc6\u53cb\u597d\u653f\u5e9c\u30022025\u5e744\u6708\u4e0a\u4efb\u7684SEC\u4e3b\u5e2dJohn Atkins\u5df2\u660e\u786e\u63a8\u52a8\u52a0\u5bc6\u8d44\u4ea7\u76d1\u7ba1\u8f6c\u578b\u3002<\/p>\n<p>1. \u7b80\u5316\u6d41\u7a0b\u7684\u516c\u5f00\u8868\u6001<\/p>\n<p>\u89c4\u5219\u4f18\u5148\u4e8e\u6267\u6cd5\uff1aAtkins\u6279\u8bc4\u524d\u4efb\u201c\u901a\u8fc7\u8bc9\u8bbc\u5b9a\u4e49\u5408\u89c4\u201d\u7684\u6a21\u5f0f\uff0c\u5f3a\u8c03\u5c06\u5236\u5b9a\u6e05\u6670\u3001\u53ef\u9884\u6d4b\u7684\u89c4\u5219\uff0c\u51cf\u5c11\u884c\u4e1a\u4e0d\u786e\u5b9a\u6027\u3002<\/p>\n<p>\u5206\u7c7b\u76d1\u7ba1\u6846\u67b6\uff1a\u8ba1\u5212\u572890\u5929\u5185\u53d1\u5e03\u4ee3\u5e01\u5206\u7c7b\u6807\u51c6\uff0c\u5e76\u4e3a\u5408\u89c4\u9879\u76ee\u8bbe\u7acb\u201c\u5b89\u5168\u6e2f\u201d\u5236\u5ea6\u3002<\/p>\n<p>2. \u957f\u671f\u653f\u7b56\u65b9\u5411<\/p>\n<p>\u94fe\u4e0a\u8bc1\u5238\u5408\u89c4\u5316\uff1aAtkins\u57282025\u5e745\u6708\u63d0\u51fa\u63a2\u7d22\u201c\u94fe\u4e0a\u8bc1\u5238\u4ea4\u6613\u6240\u4e0a\u5e02\u201d\uff0c\u53ef\u80fd\u91cd\u6784\u53d1\u884c\u4e0e\u4ea4\u6613\u6d41\u7a0b\u3002<\/p>\n<p>\u8de8\u90e8\u95e8\u534f\u4f5c\uff1a\u8ba1\u5212\u4e0eCFTC\u3001FTC\u5408\u4f5c\u5efa\u7acb\u8054\u5408\u76d1\u7ba1\u6846\u67b6\uff0c\u51cf\u5c11\u7ba1\u8f96\u6743\u51b2\u7a81\u3002<\/p>\n<p>DeFi\u7b26\u5408\u7f8e\u56fd\u6838\u5fc3\u4ef7\u503c\u89c2\uff0c\u5c06\u63a8\u51fa\u201c\u521b\u65b0\u8c41\u514d\u201d\u6846\u67b6\u3002<\/p>\n<p>\uff08\u4e8c\uff09\u52a0\u5bc6\u76d1\u7ba1\u6cd5\u6848\u6846\u67b6\u8fdb\u4e00\u6b65\u5b8c\u5584\u4e0e\u653e\u677e<\/p>\n<p>1\u3001\u300aCLARITY Act\u300b1\u3001\u300aCLARITY \u6cd5\u6848\u300b<\/p>\n<p>\u300aCLARITY Act\u300b\u65e8\u5728\u642d\u5efa\u4e00\u4e2a\u52a0\u5bc6\u5e02\u573a\u7684\u7ed3\u6784\u6027\u76d1\u7ba1\u6cd5\u6848\uff0c\u6709\u6548\u89e3\u51b3\u76d1\u7ba1\u5177\u6709 3.3 \u4e07\u4ebf\u7f8e\u5143\u89c4\u6a21\u7684\u6570\u5b57\u8d44\u4ea7\u5e02\u573a\u3002\u5176\u76d1\u7ba1\u76ee\u6807\u4e00\u662f\u660e\u786e\u8d44\u4ea7\u5206\u7c7b\uff0c\u533a\u5206\u8bc1\u5238\u578b\u4ee3\u5e01\uff08\u53d7SEC\u76d1\u7ba1\uff09\u3001\u5546\u54c1\u578b\u4ee3\u5e01\uff08\u53d7CFTC\u76d1\u7ba1\uff09\u4ee5\u53ca\u8bb8\u53ef\u652f\u4ed8\u7a33\u5b9a\u5e01\uff0c\u89e3\u51b3\u957f\u671f\u4e89\u8bae\u7684\u201d\u8bc1\u5238or\u5546\u54c1\u201d\u8ba4\u5b9a\u95ee\u9898\u3002\u4e8c\u662f\u89c4\u8303\u673a\u6784\u76d1\u7ba1\uff0c\u8981\u6c42\u6258\u7ba1\u6570\u5b57\u8d44\u4ea7\u7684\u91d1\u878d\u673a\u6784\u6ee1\u8db3\u8d44\u672c\u50a8\u5907\u548c\u9694\u79bb\u5ba2\u6237\u8d44\u91d1\u8981\u6c42\uff0c\u9632\u8303\u7c7b\u4f3cFTX\u7684\u98ce\u9669\u3002\u8be5\u6cd5\u6848\u4e8e2025\u5e746\u670811\u65e5\uff0c\u4ee547\u7968\u8d5e\u6210\u30016\u7968\u53cd\u5bf9\u5728\u7f8e\u56fd\u4f17\u8bae\u9662\u59d4\u5458\u4f1a\u901a\u8fc7\uff0c\u5c06\u79fb\u4ea4\u81f3\u4f17\u8bae\u9662\u91d1\u878d\u670d\u52a1\u59d4\u5458\u4f1a\u8fdb\u884c\u4e0b\u4e00\u9636\u6bb5\u5ba1\u8bae\u3002<\/p>\n<p>\u6839\u636e\u8be5\u6cd5\u6848\uff0c\u6bd4\u7279\u5e01\u3001\u4ee5\u592a\u574a\u7b49\u4e3b\u6d41\u52a0\u5bc6\u8d27\u5e01\u5c5e\u4e8e\u5546\u54c1\u578b\u4ee3\u5e01\uff0c\u516c\u53f8\u80a1\u6743\u4ee3\u5e01\uff08\u4ee3\u8868\u516c\u53f8\u6240\u6709\u6743\u5e76\u4eab\u6709\u6295\u7968\u6743\u6216\u5206\u7ea2\u6743\uff09\u3001\u503a\u5238\u578b\u4ee3\u5e01\uff08\u627f\u8bfa\u56fa\u5b9a\u5229\u606f\u56de\u62a5\uff09\u3001\u6536\u76ca\u6743\u5206\u7ea2\u7684DeFi\u6cbb\u7406\u4ee3\u5e01\uff08\u4f9d\u8d56\u9879\u76ee\u65b9\u6301\u7eed\u8fd0\u8425\uff09\u5c5e\u4e8e\u8bc1\u5238\u578b\u4ee3\u5e01\u3002\u8fd9\u5c06\u6539\u53d8\u6b64\u524d\u6a21\u7cca\u4e0d\u6e05\u3001\u6267\u6cd5\u4e0d\u660e\uff0c\u4ece\u800c\u65e0\u6240\u9002\u4ece\u7684\u72b6\u6001\u3002\u6743\u8d23\u4e49\u52a1\u7684\u660e\u786e\uff0c\u5c06\u6709\u5229\u4e8e\u4fc3\u8fdbDeFi\u5e73\u53f0\u7684\u7e41\u8363\u3002<\/p>\n<p>\u7c7b\u4f3c\u4e8eSOL\u8fd9\u4e00\u7c7b\u57fa\u7840\u8bbe\u65bd\u4e3b\u6d41\u4ee3\u5e01\uff0c\u6709\u53ef\u80fd\u88ab\u8ba4\u5b9a\u4e3a\u5546\u54c1\u7684\u6982\u7387\u6b63\u5728\u589e\u52a0\u30026 \u6708 11 \u65e5\uff0cSEC\u5df2\u8981\u6c42\u6f5c\u5728\u7684 Solana ETF \u53d1\u884c\u65b9\u5728\u4e0b\u5468\u5185\u63d0\u4ea4\u4fee\u8ba2\u540e\u7684 S-1 \u8868\u683c\u3002SEC \u8868\u793a\u5c06\u5728\u63d0\u4ea4\u540e 30 \u5929\u5185\u5bf9 S-1 \u8868\u683c\u4f5c\u51fa\u53cd\u9988\u3002\u8fd9\u8868\u660e\u76d1\u7ba1\u673a\u6784\u5bf9\u4e8e\u52a0\u5bc6\u5546\u54c1\u7684\u8ba4\u5b9a\u6b63\u5728\u653e\u677e\u548c\u52a0\u901f\u3002<\/p>\n<p>2\u3001\u300aGenius Act\u300b2\u3001\u300a\u5929\u624d\u6cd5\u6848\u300b<\/p>\n<p>\u300aGenius Act\u300b\u65e8\u5728\u586b\u8865\u7a33\u5b9a\u5e01\u76d1\u7ba1\u7a7a\u767d\uff0c\u52a0\u5f3a\u7f8e\u5143\u4e16\u754c\u8d27\u5e01\u5730\u4f4d\uff0c\u89e3\u51b3\u7f8e\u503a\u9700\u6c42\u56f0\u5883\u3002\u8fd9\u662f\u9996\u4e2a\u8054\u90a6\u5c42\u9762\u5bf9\u7a33\u5b9a\u5e01\u7684\u5168\u9762\u76d1\u7ba1\u6846\u67b6\uff0c\u660e\u786e\u53d1\u884c\u4e3b\u4f53\u8d44\u8d28\u3001\u50a8\u5907\u8981\u6c42\u53ca\u8fd0\u8425\u89c4\u8303\u3002\u5f3a\u5236\u8981\u6c42\u7a33\u5b9a\u5e01\u4e0e\u7f8e\u51431:1\u951a\u5b9a\uff0c\u63a8\u52a8\u7f8e\u5143\u901a\u8fc7\u7a33\u5b9a\u5e01\u6e17\u900f\u81f3\u5168\u7403\u52a0\u5bc6\u7ecf\u6d4e\u4e0e\u8de8\u5883\u652f\u4ed8\u9886\u57df\uff0c\u5de9\u56fa\u7f8e\u5143\u5728\u56fd\u9645\u91d1\u878d\u4e2d\u7684\u4e3b\u5bfc\u6743\u3002\u901a\u8fc7\u5f3a\u5236\u50a8\u5907\u89c4\u5219\uff08\u8981\u6c42\u50a8\u5907\u8d44\u4ea7\u4e3a\u77ed\u671f\u7f8e\u503a\u6216\u73b0\u91d1\uff09\uff0c\u4e3a\u7f8e\u503a\u5e02\u573a\u521b\u9020\u7ed3\u6784\u6027\u9700\u6c42\uff0c\u7f13\u89e3\u7f8e\u56fd\u8d22\u653f\u538b\u529b\u3002<\/p>\n<p>\u5728\u8fc7\u53bb\u6570\u5e74\u95f4\uff0c\u7a33\u5b9a\u5e01USDT\u3001USDC\u66fe\u591a\u6b21\u4f20\u51fa\u76d1\u7ba1\u98ce\u9669\u3001\u5151\u4ed8\u98ce\u9669\u7b49\uff0c\u5f15\u81f4\u8d85\u8fc710%\u7684\u8131\u951a\u3002\u5982\u679c\u80fd\u7eb3\u5165\u8054\u90a6\u76d1\u7ba1\uff0c\u65e0\u7591\u6709\u52a9\u4e8e\u52a0\u5f3a\u7a33\u5b9a\u5e01\u7684\u5b89\u5168\u548c\u4fe1\u7528\u3002\u540c\u65f6\uff0c\u8054\u90a6\u7acb\u6cd5\u6001\u5ea6\u660e\u786e\u540e\uff0c\u5c06\u6709\u66f4\u591a\u53d1\u884c\u65b9\u53c2\u4e0e\u5230\u7a33\u5b9a\u5e01\u7684\u53d1\u884c\u4e2d\uff0c\u5438\u7eb3\u66f4\u591a\u8d44\u91d1\u8fdb\u5165\u52a0\u5bc6\u5e02\u573a\u3002\u6e23\u6253\u94f6\u884c\u9884\u6d4b\uff0c\u6cd5\u6848\u901a\u8fc7\u540e\u7a33\u5b9a\u5e01\u89c4\u6a21\u6216\u5c06\u589e\u81f32028\u5e74\u76842\u4e07\u4ebf\u7f8e\u5143\u3002<\/p>\n<p>3\u3001\u5bf9\u4e8e\u52a0\u5bc6\u8d44\u4ea7\u53d1\u884c\u3001\u6258\u7ba1\u548c\u4ea4\u6613\u7684\u76d1\u7ba1\u653e\u677e\u8868\u6001<\/p>\n<p>SEC\u4e3b\u5e2dAtkins\u5728\u8bb2\u8bdd\u4e2d\u63d0\u5230\uff0c\u5728\u52a0\u5bc6\u8d44\u4ea7\u7684\u4e09\u4e2a\u91cd\u70b9\u9886\u57df \u2014 \u2014 \u53d1\u884c\u3001\u6258\u7ba1\u548c\u4ea4\u6613\u90fd\u5c06\u8fdb\u884c\u66f4\u4e3a\u5bbd\u677e\u7684\u76d1\u7ba1\u3002<\/p>\n<p>\u53d1\u884c\u65b9\u9762\uff0cSEC\u5c06\u4e3a\u8bc1\u5238\u6216\u6295\u8d44\u5408\u540c\u7ea6\u675f\u4e0b\u52a0\u5bc6\u8d44\u4ea7\u7684\u53d1\u884c\u5236\u5b9a\u660e\u786e\u4e14\u5408\u7406\u7684\u6307\u5f15\u3002\u622a\u81f3\u76ee\u524d\uff0c\u53ea\u6709\u56db\u4e2a\u52a0\u5bc6\u8d44\u4ea7\u53d1\u884c\u65b9\u6839\u636eRegulation A\u53d1\u884c\u4e86\u8bc1\u5238\u3002Regulation A\u662f\u7f8e\u56fd\u8bc1\u76d1\u4f1a\u63d0\u51fa\u7684\u5c0f\u578b\u9879\u76ee\u7b80\u5316\u53d1\u884c\u8c41\u514d\u673a\u5236\uff0c\u4e00\u5b9a\u91d1\u989d\u4ee5\u4e0b\u7684\u53d1\u884c\u4eba\u53ef\u4ee5\u901a\u8fc7\u8be5\u673a\u5236\u53d1\u884c\u80a1\u7968\u548c\u503a\u5238\u3002\u7531\u4e8e\u52a0\u5bc6\u8d44\u4ea7\u53d1\u884c\u6700\u5927\u7684\u653f\u7b56\u969c\u788d\u5c31\u662f\u5bf9\u8d44\u4ea7\u6027\u8d28\u662f\u5426\u5c5e\u4e8e\u8bc1\u5238\u4ee5\u53ca\u5c5e\u4e8e\u4ec0\u4e48\u7c7b\u578b\u8bc1\u5238\u7684\u8ba4\u5b9a\u4e0d\u660e\u786e\uff0c\u56e0\u6b64\u53d1\u884c\u65b9\u62c5\u5fc3\u53d1\u884c\u52a0\u5bc6\u8d44\u4ea7\u89e6\u72af\u76f8\u5e94\u7684\u6cd5\u5f8b\u6761\u6b3e\uff0c\u8fd9\u5bfc\u81f4\u5f88\u5c11\u9879\u76ee\u4f1a\u4f7f\u7528\u8be5\u89c4\u5219\u3002Atkins\u8981\u6c42\u8bc1\u76d1\u4f1a\u7684\u5de5\u4f5c\u4eba\u5458\u8003\u8651\u53ef\u4ee5\u901a\u8fc7\u5de5\u4f5c\u5c42\u9762\u7684\u4e1a\u52a1\u6307\u5bfc\u3001\u6ce8\u518c\u8c41\u514d\u548c\u5b89\u5168\u6e2f\u8fd9\u6837\u7684\u624b\u6bb5\uff0c\u8ba9\u7f8e\u56fd\u5883\u5185\u53d1\u884c\u52a0\u5bc6\u8d44\u4ea7\u53d8\u5f97\u6d41\u7545\u3002<\/p>\n<p>\u6258\u7ba1\u65b9\u9762\uff0c\u652f\u6301\u6ce8\u518c\u4eba\u6709\u66f4\u5927\u7684\u81ea\u4e3b\u9009\u62e9\u6027\uff0c\u786e\u5b9a\u5982\u4f55\u6258\u7ba1\u52a0\u5bc6\u8d44\u4ea7\u3002\u6295\u8d44\u987e\u95ee\u548c\u57fa\u91d1\u516c\u53f8\u53ef\u4ee5\u4f7f\u7528\u6bd4\u5f53\u524d\u6258\u7ba1\u4eba\u6280\u672f\u66f4\u5148\u8fdb\u7684\u81ea\u6211\u6258\u7ba1\u65b9\u6848\u6765\u4fdd\u5b58\u52a0\u5bc6\u8d44\u4ea7\u3002\u8fd9\u4e3b\u8981\u662f\u7531\u4e8e\u5386\u53f2\u539f\u56e0\uff0c\u4f20\u7edf\u6258\u7ba1\u4eba\u7684\u4fe1\u606f\u5316\u7a0b\u5ea6\u4e0d\u8db3\uff0c\u5e76\u4e0d\u80fd\u5f88\u597d\u9002\u5e94\u533a\u5757\u94fe\u7684\u9700\u6c42\u3002<\/p>\n<p>\u4ea4\u6613\u65b9\u9762\uff0c\u652f\u6301\u6295\u8d44\u8005\u5728\u4ea4\u6613\u5e73\u53f0\u4e0a\u4ea4\u6613\u66f4\u5e7f\u6cdb\u7684\u79cd\u7c7b\uff0c\u4ea4\u6613\u5e73\u53f0\u53ef\u4ee5\u63d0\u4f9b\u8bc1\u5238\u8d44\u4ea7\u3001\u975e\u8bc1\u5238\u8d44\u4ea7\u7684\u4ea4\u6613\uff0c\u751a\u81f3\u8fd8\u63d0\u4f9b\u5176\u4ed6\u91d1\u878d\u670d\u52a1\u7684\u9500\u552e\u3002\u5df2\u8981\u6c42\u5de5\u4f5c\u4eba\u5458\u63a2\u7d22\u662f\u5426\u9700\u8981\u6307\u5b9a\u4e00\u4e9b\u6307\u5f15\u6216\u89c4\u5219\uff0c\u8ba9\u52a0\u5bc6\u8d44\u4ea7\u80fd\u591f\u5728\u5168\u56fd\u6027\u7684\u8bc1\u5238\u4ea4\u6613\u6240\u4e0a\u5e02\u548c\u4ea4\u6613\u3002<\/p>\n<p>4\u3001DeFi\u6709\u671b\u5b9e\u884c\u201c\u521b\u65b0\u8c41\u514d\u201d<\/p>\n<p>SEC\u4e3b\u5e2dPaul S. Atkins\u57282025\u5e746\u67089\u65e5\u300aDeFi\u4e0e\u7f8e\u56fd\u7cbe\u795e\u300b\u5706\u684c\u4f1a\u8bae\u4e0a\u660e\u786e\u8868\u793a\uff1a\u201cDeFi\u7684\u57fa\u672c\u539f\u5219\uff08\u7ecf\u6d4e\u81ea\u7531\u3001\u79c1\u6709\u8d22\u4ea7\u6743\u3001\u53bb\u4e2d\u4ecb\u5316\uff09\u4e0e\u7f8e\u56fd\u6838\u5fc3\u4ef7\u503c\u89c2\u9ad8\u5ea6\u4e00\u81f4\uff0c\u533a\u5757\u94fe\u6280\u672f\u662f\u9769\u547d\u6027\u521b\u65b0\uff0cSEC\u4e0d\u5e94\u963b\u788d\u5176\u53d1\u5c55\u3002\u201d<\/p>\n<p>SEC\u6b63\u5728\u5236\u5b9a\u9488\u5bf9DeFi\u7684\u6709\u6761\u4ef6\u8c41\u514d\u89c4\u5219\uff0c\u4ee5\u5feb\u901f\u5141\u8bb8\u6ce8\u518c\u65b9\u548c\u975e\u6ce8\u518c\u65b9\u5c06\u94fe\u4e0a\u4ea7\u54c1\u548c\u670d\u52a1\u63a8\u5411\u5e02\u573a\u3002\u521b\u65b0\u8c41\u514d\u53ef\u4ee5\u8ba9\u7f8e\u56fd\u6210\u4e3a\u201c\u5168\u7403\u52a0\u5bc6\u8d44\u672c\u201d\uff0c\u901a\u8fc7\u9f13\u52b1\u5f00\u53d1\u8005\u3001\u4f01\u4e1a\u5bb6\u548c\u5176\u4ed6\u613f\u610f\u9075\u5b88\u7279\u5b9a\u6761\u4ef6\u7684\u516c\u53f8\u5728\u7f8e\u56fd\u8fdb\u884c\u94fe\u4e0a\u6280\u672f\u521b\u65b0\u3002<\/p>\n<p>UNI\u6b64\u524d\u5907\u53d7\u5408\u89c4\u5316\u7684\u56f0\u6270\uff0c\u867d\u7136\u662f\u94fe\u4e0a\u6700\u4e3a\u91cd\u8981\u7684DEX\uff0c\u4f46\u662f\u5e01\u4ef7\u8868\u73b0\u4e0d\u4f73\u3002\u5982\u679c\u521b\u65b0\u8c41\u514d\u89c4\u5219\u80fd\u591f\u8fc5\u901f\u9002\u7528\uff0cUNI\u6216\u8bb8\u5c06\u6709\u671b\u662f\u7b2c\u4e00\u6279\u53d7\u76ca\u8005\u3002\u8fd9\u4e5f\u662f\u8be5\u5706\u684c\u4f1a\u8bae\u540e\uff0c\u5934\u90e8DeFi\u5e01\u4ef7\u5927\u5e45\u4e0a\u6da8\u7684\u91cd\u8981\u539f\u56e0\u4e4b\u4e00\u3002<\/p>\n<p>5\u3001\u4ee5\u592a\u574aETF\u7684\u8d28\u62bc\u6279\u51c6\u9884\u671f<\/p>\n<p>2025\u5e745\u670829\u65e5\uff0c\u7f8e\u56fd\u8bc1\u5238\u4ea4\u6613\u59d4\u5458\u4f1a\uff08SEC\uff09\u516c\u53f8\u91d1\u878d\u90e8\u53d1\u5e03\u58f0\u660e\uff0c\u660e\u786e\u6307\u51fa\u67d0\u4e9b\u57fa\u4e8e\u6743\u76ca\u8bc1\u660e\uff08PoS\uff09\u7684\u533a\u5757\u94fe\u534f\u8bae\u7684\u8d28\u62bc\u6d3b\u52a8\uff0c\u4e0d\u6784\u6210\u8bc1\u5238\u4ea4\u6613\u3002\u300aDeFi\u4e0e\u7f8e\u56fd\u7cbe\u795e\u300b\u5706\u684c\u4f1a\u8bae\u4e0aAtkins\u7684\u6f14\u8bb2\u4e2d\u4e5f\u8fdb\u4e00\u6b65\u660e\u786e\uff0c\u201c\u81ea\u613f\u53c2\u4e0e\u5de5\u4f5c\u91cf\u8bc1\u660e\uff08proof-of-work\uff09\u6216\u6743\u76ca\u8bc1\u660e\uff08proof-of-stake\uff09\u7f51\u7edc\u4f5c\u4e3a\u201c\u77ff\u5de5\u201d\u3001\u201c\u9a8c\u8bc1\u8005\u201d\u6216\u201c\u8d28\u62bc\u5373\u670d\u52a1\u201d\u63d0\u4f9b\u5546\uff0c\u4e0d\u5728\u8054\u90a6\u8bc1\u5238\u6cd5\u7684\u8303\u56f4\u4e4b\u5185\u3002\u201d\u5e76\u5c06\u63a8\u52a8\u5236\u5b9a\u76f8\u5173\u6cd5\u89c4\uff0c\u8fd9\u8fd9\u610f\u5473\u7740\u4ee5\u592a\u574a\u7684\u8d28\u62bc\u6d3b\u52a8\uff08\u5305\u62ec\u8282\u70b9\u81ea\u8d28\u62bc\u548c\u901a\u8fc7\u670d\u52a1\u63d0\u4f9b\u5546\u7684\u8d28\u62bc\uff09\u5728\u6ee1\u8db3\u7279\u5b9a\u6761\u4ef6\u4e0b\uff0c\u4e0d\u4f1a\u88ab\u89c6\u4e3a\u8bc1\u5238\u4ea4\u6613\uff0c\u4e5f\u4e3a\u76ee\u524d\u901a\u8fc7\u7684\u4ee5\u592a\u574aETF\u8fdb\u884c\u8d28\u62bc\u94fa\u5e73\u4e86\u9053\u8def\u3002<\/p>\n<p>\u82e5SEC\u53ef\u80fd\u4f1a\u6279\u51c6\u5305\u542b\u8d28\u62bc\u6536\u76ca\u7684\u4ee5\u592a\u574aETF\uff0c\u5c06\u4f7f\u673a\u6784\u6295\u8d44\u8005\u80fd\u591f\u901a\u8fc7ETF\u83b7\u5f97ETH\u8d28\u62bc\u6536\u76ca\uff0cETH\u5c06\u6210\u4e3a\u52a0\u5bc6\u884c\u4e1a\u7684\u201c\u503a\u5238\u201d\uff0c\u5929\u91cf\u7684\u4f20\u7edf\u673a\u6784\u8d44\u91d1\u5c06\u5408\u6cd5\u6d41\u5165ETH\u3002\u4e00\u65b9\u9762\uff0c\u5927\u91cfETH\u5c06\u4f1a\u88ab\u8d28\u62bc\u9501\u5b9a\uff0c\u4f7f\u5f97\u94fe\u4e0a\u91d1\u878d\u7684\u53bb\u4e2d\u5fc3\u5316\u548c\u5b89\u5168\u6027\u5c06\u8fdb\u4e00\u6b65\u63d0\u9ad8\uff0c\u53e6\u4e00\u65b9\u9762\u5408\u89c4\u5316\u7684\u94fe\u4e0a\u6536\u76ca\u5c06\u663e\u8457\u63d0\u5347ETH\u7684\u9700\u6c42\uff0c\u63a8\u9ad8\u4ef7\u683c\u3002<\/p>\n<p>\u7efc\u4e0a\u53ef\u89c1\uff0c\u7279\u6717\u666e\u653f\u5e9c\u6b63\u5728\u5bf9\u52a0\u5bc6\u8d44\u4ea7\u548c\u5e02\u573a\u8fdb\u884c\u66f4\u4e3a\u7cfb\u7edf\u6027\u7684\u3001\u66f4\u6709\u9002\u5e94\u6027\u7684\u76d1\u7ba1\uff0c\u76d1\u7ba1\u8d8b\u4e8e\u660e\u786e\u548c\u5bbd\u677e\uff0c\u9f13\u52b1\u533a\u5757\u94fe\u521b\u65b0\uff0c\u4ee5\u5438\u7eb3\u66f4\u591a\u8d44\u91d1\u8fdb\u5165\u52a0\u5bc6\u3002<\/p>\n<h2>\u4e8c\u3001\u4ee5\u592a\u574a\u4f9d\u7136\u662f\u94fe\u4e0a\u91d1\u878d\u6700\u91cd\u8981\u7684\u57fa\u5efa<\/h2>\n<p>\u201cDeFi\u201d\u58f0\u660e\u548c\u5177\u4f53\u6cd5\u6848\u7684\u843d\u5730\uff0c\u672a\u6765\u5c06\u6253\u7834\u5408\u89c4\u7684\u58c1\u5792\uff0c\u6253\u5f00\u4f20\u7edf\u8d44\u91d1\u8fdb\u5165\u7684\u901a\u9053\uff0c\u5c06\u4f1a\u6709\u6570\u4ee5\u4e07\u4ebf\u7684\u589e\u91cf\u8d44\u91d1\u901a\u8fc7\u7a33\u5b9a\u5e01\u7684\u5f62\u5f0f\u6765\u5230\u94fe\u4e0a\u91d1\u878d\uff0c\u800c\u94fe\u4e0a\u91d1\u878d\u6700\u5927\uff0c\u6700\u5b89\u5168\u7684\u201c\u571f\u58e4\u201d\u4fbf\u662f\u4ee5\u592a\u574a\u3002<\/p>\n<p>\uff08\u4e00\uff09\u4ee5\u592a\u574a\u57fa\u91d1\u4f1a\u529b\u63a8\u201cDefipunk\u201d<\/p>\n<p>\u4ee5\u592a\u574a\u57fa\u91d1\u4f1a 2030 \u8ba1\u5212\u4e2d\u660e\u786e\u6307\u51fa\uff0c\u5c06\u63a8\u52a8\u5efa\u7acb\u300cDefipunk\u300d\u7684\u8bc4\u4f30\u673a\u5236\u548c\u4fc3\u8fdb Defi \u9879\u76ee\u7684\u76f8\u5173\u8f6c\u578b\u3002\u201cDefipunk\u201d\u6838\u5fc3\u5185\u5bb9\u56f4\u7ed5\u6784\u5efa\u7b26\u5408\u5bc6\u7801\u670b\u514b\uff08Cypherpunk\uff09\u539f\u5219\u7684DeFi\u751f\u6001\u7cfb\u7edf\u5c55\u5f00\uff0c\u65e8\u5728\u901a\u8fc7\u6280\u672f\u624b\u6bb5\u4fdd\u969c\u7528\u6237\u81ea\u4e3b\u6743\u3001\u9690\u79c1\u548c\u6297\u5ba1\u67e5\u6027\u3002<\/p>\n<p>Defipunk\u7684\u6838\u5fc3\u539f\u5219\u5305\u62ec\uff1a\u4e00\u662f\u5b89\u5168\u6027\uff0c\u4f18\u5148\u9009\u62e9\u7ecf\u8fc7\u5b9e\u6218\u9a8c\u8bc1\u3001\u4e0d\u53ef\u7be1\u6539\u4e14\u5f00\u6e90\u7684\u6280\u672f\u67b6\u6784\uff0c\u907f\u514d\u4f9d\u8d56\u4e2d\u5fc3\u5316\u4fe1\u4efb\u673a\u5236\uff08\u5982\u591a\u7b7e\u6216\u6cd5\u5f8b\u8ffd\u7d22\uff09\u3002\u4e8c\u662f\u91d1\u878d\u4e3b\u6743\uff0c\u5f3a\u8c03\u7528\u6237\u5bf9\u8d44\u4ea7\u7684\u5b8c\u5168\u63a7\u5236\u6743\uff0c\u652f\u6301\u65e0\u9700\u8bb8\u53ef\u7684\u81ea\u6211\u6258\u7ba1\u94b1\u5305\u548c\u94fe\u4e0a\u4ea4\u6613\uff0c\u51cf\u5c11\u5bf9\u4e2d\u4ecb\u7684\u4f9d\u8d56\u3002\u4e09\u662f\u6280\u672f\u4f18\u5148\u4e8e\u4fe1\u4efb\uff0c\u901a\u8fc7\u5bc6\u7801\u5b66\u5de5\u5177\u548c\u667a\u80fd\u5408\u7ea6\u5b9e\u73b0\u53bb\u4fe1\u4efb\u5316\uff0c\u4f8b\u5982\u91c7\u7528\u96f6\u77e5\u8bc6\u8bc1\u660e\u7b49\u6280\u672f\u589e\u5f3a\u9690\u79c1\u4fdd\u62a4\u3002\u56db\u662f\u5f00\u6e90\u4e0e\u53ef\u7ec4\u5408\u6027\uff0c\u63a8\u52a8\u900f\u660e\u4ee3\u7801\u5f00\u53d1\uff0c\u786e\u4fdd\u534f\u8bae\u95f4\u7684\u4e92\u64cd\u4f5c\u6027\uff0c\u9f13\u52b1\u6a21\u5757\u5316\u8bbe\u8ba1\u4ee5\u4fc3\u8fdb\u521b\u65b0\u3002<\/p>\n<p>\u4ee5\u592a\u574a\u57fa\u91d1\u4f1a\u5bf9\u4e8eDeFi\u7684\u53d1\u5c55\u6709\u5145\u5206\u7684\u9884\u671f\uff0c\u800c\u4ee5\u592a\u574a\u751f\u6001\u4e5f\u5927\u529b\u53d1\u5c55DeFi\u76f8\u5173\u4e1a\u52a1\u3002\u4ee5\u592a\u574a\u5177\u5907\u6210\u4e3a\u65b0\u4e00\u4ee3\u94fe\u4e0a\u91d1\u878d\u8303\u5f0f\u7684\u57fa\u7840\u6761\u4ef6\u3002<\/p>\n<p>\uff08\u4e8c\uff09\u7a33\u5b9a\u5e01\u53d1\u884c\u4e0e\u5206\u5e03\u73b0\u72b6<\/p>\n<p>1\u3001\u7a33\u5b9a\u5e01\u603b\u91cf<\/p>\n<p>\u7279\u6717\u666e\u4e0a\u4efb\u4ee5\u6765\uff0c\u7a33\u5b9a\u5e01\u603b\u91cf\u589e\u957f\u7ea6760\u4ebf\u7f8e\u5143\uff0c7\u4e2a\u6708\u6da8\u5e45\u8d85\u8fc740%\u3002\u8fd9\u4e00\u589e\u901f\u663e\u8457\u8d85\u8fc7\u4e862023\u5e74\u5e02\u573a\u590d\u82cf\u8d70\u725b\u671f\u95f4\u7684\u7a33\u5b9a\u5e01\u589e\u52a0\u603b\u91cf\u548c\u6da8\u5e45\u3002<\/p>\n<p>2023\u5e749\u6708\uff0c\u7a33\u5b9a\u5e01\u603b\u91cf\u8fbe\u5230\u8fd1\u56db\u5e74\u4ee5\u6765\u6700\u4f4e\u5e02\u503c\u7ea6\u4e3a1237\u4ebf\u7f8e\u5143\uff0c\u81f32024\u5e7411\u6708\u589e\u52a0\u81f31737\u4ebf\u7f8e\u5143\uff0c\u589e\u52a0500\u4ebf\u7f8e\u5143\uff0c13\u4e2a\u6708\u6da8\u5e45\u7ea640%\u3002<\/p>\n<p><img decoding=\"async\" class=\"formatImage\" src=\"https:\/\/s2.flink2.com\/news\/other\/20250612\/6355e806ea7da5abf175d2d5a5d7b301.jpg\" \/><\/p>\n<p>2\u3001\u7a33\u5b9a\u5e01\u5728\u94fe\u4e0a\u7684\u5206\u5e03\u73b0\u72b6<\/p>\n<p>\u7ea6\u670950%\u7684\u7a33\u5b9a\u5e01\u5728\u4ee5\u592a\u574a\u4e0a\u6d41\u901a\uff0c31%\u5728TRON\u4e0a\uff0c4.5%\u5728Solana\u94fe\u4e0a\uff0c4%\u5728BSC\u94fe\u4e0a\u3002\u4ee5\u592a\u574a\u5360\u6709\u7a33\u5b9a\u5e01\u6d41\u901a\u6027\u7684\u534a\u58c1\u6c5f\u5c71\u3002<\/p>\n<p><img decoding=\"async\" class=\"formatImage\" src=\"https:\/\/s2.flink2.com\/news\/other\/20250612\/d389a1b3050e87c1d25709757a82532d.jpg\" \/><\/p>\n<p>3\u3001\u4e3b\u8981\u516c\u94fe\u7684\u751f\u6001\u73b0\u72b6\u53caDeFi\u4e2d\u7684\u7a33\u5b9a\u5e01<\/p>\n<p><img decoding=\"async\" class=\"formatImage\" src=\"https:\/\/s2.flink2.com\/news\/other\/20250612\/62596a968bb196c34a3b353e830125b5.jpg\" \/><\/p>\n<p>\u4ece\u4e0a\u56fe\u5bf9\u6bd4\u53ef\u77e5\uff0c\u4ee5\u592a\u574a\u4e0a\u6709\u8d85\u8fc750%\u7684\u8d44\u91d1\u6c89\u6dc0\u5728DeFi\u534f\u8bae\u4e2d\uff0c\u62e5\u6709\u6700\u5927\u89c4\u6a21\u7684DeFi TVL\u3002Tron\u867d\u7136\u62e5\u6709\u5927\u91cf\u7684\u7a33\u5b9a\u5e01\uff0c\u4f46\u662f\uff0c\u5176\u4e3b\u8981\u7528\u4e8e\u652f\u4ed8\u65b9\u9762\uff0c\u751f\u6001\u534f\u8bae\u6570\u91cf\u5c11\uff0cDeFi TVL\u5360\u6bd4\u4ec5\u4e3a6.5%\u3002Solana\u548cBSC\u7684DeFi TVL\u5360\u6bd4\u867d\u7136\u6bd4\u8f83\u9ad8\uff0c\u4f46\u662f\u5176\u7edd\u5bf9\u503c\u89c4\u6a21\u8f83\u5c0f\uff0c\u5176DeFi\u57fa\u7840\u5efa\u8bbe\u6210\u719f\u7a0b\u5ea6\u4e00\u822c\u3002<\/p>\n<p>\u57fa\u4e8e\u4e0a\u8ff0\uff0c\u5f53\u7a33\u5b9a\u5e01\u6cd5\u6848\u901a\u8fc7\u540e\uff0c\u4ee5\u592a\u574a\u5c06\u6700\u6709\u53ef\u80fd\u627f\u63a5\u6700\u5927\u7684\u8d44\u91d1\u91cf\u8fdb\u5165\u3002<\/p>\n<p>\uff08\u4e8c\uff09\u65b0\u589e\u7a33\u5b9a\u5e01\u6d41\u5411<\/p>\n<p>\u76ee\u524d\u63a8\u6d4b\uff0c\u65b0\u589e\u7a33\u5b9a\u5e01\u5c06\u6709\u56db\u79cd\u6d41\u5411\uff1a<\/p>\n<p>1\u3001\u6d41\u5411\u52a0\u5bc6\u5e02\u573a\u539f\u751f\u7684\uff0c\u5177\u6709\u66f4\u9ad8\u6536\u76ca\u7387\u7684DeFi\u5e02\u573a<\/p>\n<p>Crypto\u7684\u9ad8\u6ce2\u52a8\u6027\u4f7f\u5f97\u94fe\u4e0a\u5177\u6709\u5f88\u591a\u8fdc\u9ad8\u4e8e\u4f20\u7edf\u91d1\u878d\u5e02\u573a\u4e14\u8fdb\u5165\u4fbf\u5229\u7684DeFi\u534f\u8bae\uff0c\u589e\u91cf\u7a33\u5b9a\u5e01\u8fdb\u5165\u94fe\u4e0a\u5fc5\u7136\u4f1a\u6709\u90e8\u5206\u8d44\u91d1\u4f1a\u81ea\u7531\u9009\u62e9\u66f4\u5177\u667a\u80fd\u5316\u3001\u6548\u7387\u5316\u3001\u6536\u76ca\u5316\u7684\u6295\u8d44\u673a\u4f1a\u3002\u4ee5\u592a\u574a\u9ad8\u5ea6\u7684\u53bb\u4e2d\u5fc3\u5316\u3001\u5b89\u5168\u6027\u3001\u89c4\u6a21\u5316\u5c06\u6210\u4e3a\u589e\u91cf\u8d44\u91d1\u8fdb\u5165\u8fd9\u90e8\u5206\u7684\u9996\u9009\u3002\u5176\u4e2d\uff0cUNI\u4f5c\u4e3a\u6700\u5927\u7684\u94fe\u4e0aDex\u3001AAVE\u4f5c\u4e3a\u94fe\u4e0a\u6700\u5927\u7684\u501f\u8d37\u534f\u8bae\uff0c\u4fbf\u662f\u4e0d\u5bb9\u5ffd\u89c6\u7684\u84dd\u7b79\u6807\u7684\uff0c\u8bf8\u5982COMP\u7b49\u4e1a\u52a1\u6570\u636e\u8f83\u597d\u7684\u5c0f\u5e02\u503cDeFi\u534f\u8bae\u4e5f\u503c\u5f97\u5173\u6ce8\u3002<\/p>\n<p>\u5728DEX\u4e2d\uff0cUNI\u76ee\u524d\u5904\u4e8e\u660e\u663e\u4f18\u52bf\u5730\u4f4d\uff0cTVL51\u4ebf\u7f8e\u5143\uff0c7\u5929\u4ea4\u6613\u91cf176\u4ebf\u7f8e\u5143\uff0c7\u5929\u8d39\u7528\u6536\u51651926\u4e07\uff0c\u5176TVL\u663e\u8457\u9ad8\u4e8e\u5176\u4ed6DEX\u3002<\/p>\n<p>\u6bd4\u8f83\u7279\u6b8a\u7684\u662fPancake\uff0c\u51767\u5929\u4ea4\u6613\u91cf334\u4ebf\u7f8e\u5143\uff0c7\u5929\u8d39\u7528\u6536\u51655681\u4e07\u3002\u5176\u4ea4\u6613\u91cf\u663e\u8457\u9ad8\u4e8eUNI\uff0c\u4e3b\u8981\u53d7\u76ca\u4e8e\u5e01\u5b89alpha\u5237\u91cf\u4ea4\u6613\u3002<\/p>\n<p><img decoding=\"async\" class=\"formatImage\" src=\"https:\/\/s2.flink2.com\/news\/other\/20250612\/ae6ce0b9f77ad6a228b8d0a711a6638d.jpg\" \/><\/p>\n<p>\u5728\u501f\u8d37\u9886\u57df\uff0cAAVE\u5904\u4e8e\u7edd\u5bf9\u4f18\u52bf\u5730\u4f4d\uff0cTVL264\u4ebf\uff0c7\u5929\u8d39\u75281168\u4e07\uff0c7\u5929\u534f\u8bae\u6536\u5165149\u4e07\u3002\u5176\u4f59\u501f\u8d37\u5e02\u573a\u7684TVL\u4e0d\u8db350\u4ebf\u7f8e\u5143\u3002<\/p>\n<p><img decoding=\"async\" class=\"formatImage\" src=\"https:\/\/s2.flink2.com\/news\/other\/20250612\/00d48f333a476b4d280e80d4ab68cc00.jpg\" \/><\/p>\n<p>2\u3001\u6d41\u5411\u4ee5\u7f8e\u56fd\u5408\u89c4\u673a\u6784\u4e3a\u4e3b\u642d\u5efa\u7684RWA\u5e02\u573a<\/p>\n<p>\u8bb8\u591a\u4f20\u7edf\u8d44\u91d1\u8fdb\u5165\u94fe\u4e0a\u5e76\u4e0d\u4f1a\u8fc7\u591a\u53c2\u4e0e\u5230\u5c71\u5be8\u5e01\u7684\u884c\u60c5\u4e2d\uff0c\u800c\u662f\u4f1a\u8fdb\u5165\u5230\u7f8e\u56fd\u8fd9\u6ce2\u91d1\u878d\u521b\u65b0\u7684\u9f99\u5934\u673a\u6784\u4eec\u642d\u5efa\u7684RWA\u5e02\u573a\uff0c\u6bd4\u5982\u8d1d\u83b1\u5fb7\u5728\u94fe\u4e0a\u53d1\u884c\u7684BUILD\u57fa\u91d1\u7b49\u3002<\/p>\n<p>BUIDL\u57fa\u91d1\u4e3b\u8981\u6295\u8d44\u4e8e\uff1a\u73b0\u91d1\uff1a\u9ad8\u6d41\u52a8\u6027\u7684\u73b0\u91d1\u6216\u73b0\u91d1\u7b49\u4ef7\u7269\uff0c\u786e\u4fdd\u57fa\u91d1\u7684\u7a33\u5b9a\u6027\u548c\u5373\u65f6\u8d4e\u56de\u80fd\u529b\uff1b\u7f8e\u56fd\u56fd\u503a\uff1a\u77ed\u671f\u7f8e\u56fd\u56fd\u503a\uff0c\u4f5c\u4e3a\u4f4e\u98ce\u9669\u3001\u9ad8\u4fe1\u7528\u8bc4\u7ea7\u7684\u8d44\u4ea7\uff0c\u63d0\u4f9b\u7a33\u5b9a\u7684\u6536\u76ca\u6765\u6e90\u3002\u56de\u8d2d\u534f\u8bae\uff1a\u77ed\u671f\u501f\u8d37\u534f\u8bae\uff0c\u901a\u5e38\u4ee5\u56fd\u503a\u4e3a\u62b5\u62bc\uff0c\u786e\u4fdd\u57fa\u91d1\u7684\u6d41\u52a8\u6027\u548c\u6536\u76ca\u3002\u8fd9\u4e9b\u8d44\u4ea7\u7684\u7ec4\u5408\u65e8\u5728\u4fdd\u6301BUIDL\u4ee3\u5e01\u7684\u7a33\u5b9a\u4ef7\u503c\uff08\u76ee\u6807\u4e3a1\u7f8e\u5143\/\u4ee3\u5e01\uff09\uff0c\u5e76\u901a\u8fc7\u6bcf\u65e5\u7d2f\u79ef\u7684\u6536\u76ca\u5411\u6295\u8d44\u8005\u5206\u7ea2\uff0c\u6bcf\u6708\u4ee5\u65b0\u4ee3\u5e01\u5f62\u5f0f\u53d1\u653e\u3002\u57fa\u91d1\u7531\u8d1d\u83b1\u5fb7\u91d1\u878d\u7ba1\u7406\u516c\u53f8\u7ba1\u7406\uff0c\u6258\u7ba1\u65b9\u4e3a\u7ebd\u7ea6\u6885\u9686\u94f6\u884c\uff0c\u4ee3\u5e01\u5316\u5e73\u53f0\u4e3aSecuritize\u3002<\/p>\n<p>\u5e73\u53f0\u7ba1\u7406TVL\u6700\u8fd1\u4e09\u4e2a\u6708\u5feb\u901f\u589e\u957f\uff0c2025\u5e743\u6708\u4efd\uff0cTVL\u521a\u521a\u7a81\u783410\u4ebf\u7f8e\u5143\uff0c\u800c\u76ee\u524d\u5df2\u7ecf\u589e\u52a0\u81f328.7\u4ebf\u7f8e\u5143\uff0c\u6da8\u5e45187%\uff1b\u5176\u4e2d26.87\u4ebf\u7f8e\u5143\u5728\u4ee5\u592a\u574a\u4e0a\uff0c\u5360\u603b\u91cf93%\u3002<\/p>\n<p><img decoding=\"async\" class=\"formatImage\" src=\"https:\/\/s2.flink2.com\/news\/other\/20250612\/7f2b43d70533cab0b3f9fcc8734fb8c0.jpg\" \/><\/p>\n<p>\u5e01\u5708\u539f\u751f\u9879\u76ee\u4e5f\u5bc6\u5207\u5173\u6ce8RWA\u5e02\u573a\u3002USDC\u53d1\u884c\u65b9Circle\u6536\u8d2d\u4e86\u7f8e\u56fd\u6536\u76ca\u5e01\uff08USYC\uff09\u53d1\u884c\u65b9Hashnote\uff0c\u6765\u8865\u8db3\u81ea\u5df1\u5728RWA\u65b9\u9762\u7684\u4e1a\u52a1\u77ed\u677f\u3002<\/p>\n<p>Hashnote\u662f\u7531Cumberland Labs\u6295\u8d44500\u4e07\u7f8e\u5143\u5b75\u5316\u7684\u521d\u521b\u516c\u53f8\uff0c\u4e13\u6ce8\u4e8e\u4ee3\u5e01\u5316\u7f8e\u503a\u4ea7\u54c1\u3002\u5176\u6838\u5fc3\u4ea7\u54c1USYC\uff08U.S. YieldCoin\uff09\u901a\u8fc7\u951a\u5b9a\u77ed\u671f\u7f8e\u56fd\u56fd\u503a\uff0c\u622a\u81f3\u88ab\u6536\u8d2d\u65f6\u89c4\u6a21\u8fbe13\u4ebf\u7f8e\u5143\u3002Circle\u5c06USYC\u4e0eUSDC\u6df1\u5ea6\u7ed1\u5b9a\uff0c\u6253\u9020\u201c\u73b0\u91d1 \u6536\u76ca\u578b\u8d44\u4ea7\u201d\u7684\u95ed\u73af\uff0c\u6ee1\u8db3\u673a\u6784\u5bf9\u94fe\u4e0a\u62b5\u62bc\u54c1\u548c\u6536\u76ca\u5de5\u5177\u7684\u53cc\u91cd\u9700\u6c42\u3002<\/p>\n<p>\u9664\u4e86BUIDL\u548cCircle\u4e4b\u5916\uff0c\u5927\u578b\u7684RWA\u9879\u76ee\u8fd8\u5305\u62ecENA\u548cONDO\u3002 ENA\u7684\u95ee\u9898\u5728\u4e8e\u5176\u4e3b\u8981\u7528\u4e8e\u52a0\u5bc6\u4ee3\u5e01\u5408\u7ea6\u8d44\u91d1\u8d39\u7387\u5957\u5229\uff0c\u5e02\u573a\u89c4\u6a21\u53d7\u5230\u4ea4\u6613\u89c4\u6a21\u7684\u9650\u5236\uff0c\u5bf9\u4e8e\u5708\u5916\u8d44\u91d1\u8fd8\u6709\u4e00\u4e2a\u5b66\u4e60\u6210\u672c\u95ee\u9898\uff0c\u56e0\u6b64\u6700\u8fd1\u534a\u5e74\u6ca1\u6709\u592a\u5927\u589e\u957f\u3002ONDO\u81ea2025\u5e74\u521d\u4ee5\u6765\uff0c\u4ece6\u4ebf\u589e\u81f313\u4ebf\uff0c\u589e\u957f\u4e86\u5927\u7ea6116%\u3002\u53ef\u89c1\uff0c\u867d\u7136\u7a33\u5b9a\u5e01\u6cd5\u6848\u5c1a\u672a\u5b8c\u5168\u901a\u8fc7\uff0c\u503a\u52a1\u4ee3\u5e01\u5316\u5374\u5df2\u7ecf\u5728\u6301\u7eed\u5f00\u5c55\u4e2d\u3002\u6b64\u5916\uff0cChainlink\u5728RWA\u4e5f\u5341\u5206\u91cd\u8981\uff0c\u662f\u94fe\u4e0b\u8d44\u4ea7\u4e0a\u94fe\u4ee5\u53ca\u4e0e\u94fe\u4e0aDefi\u7684\u6574\u5408\u7684\u6700\u5927\u9884\u8a00\u673a\u3002<\/p>\n<p>3\u3001\u6d41\u5411\u89e3\u51b3\u4f20\u7edf\u91d1\u878d\u6548\u7387\u7684\u652f\u4ed8\u9886\u57df<\/p>\n<p>\u4f20\u7edf\u8d44\u91d1\u6210\u4e3a\u7a33\u5b9a\u5e01\uff0c\u8fdb\u5165\u533a\u5757\u94fe\u4e00\u4e2a\u975e\u5e38\u91cd\u8981\u7684\u7528\u9014\u662f\u89e3\u51b3\u652f\u4ed8\u95ee\u9898\uff0c\u6bd4\u5982\u4f18\u5316\u4f20\u7edf\u7684SWIFT\u652f\u4ed8\u4f53\u7cfb\uff0c\u63d0\u9ad8\u4ea4\u6613\u6548\u7387\u3002\u6bd4\u5982\u6469\u6839\u5927\u901a\u7684Kinexys\u5e73\u53f0\uff08\u539fOnyx\uff09\uff0c\u4e13\u6ce8\u4e8e\u6279\u53d1\u652f\u4ed8\u3001\u8de8\u5883\u652f\u4ed8\u3001\u5916\u6c47\u4ea4\u6613\u548c\u8bc1\u5238\u7ed3\u7b97\u3002\u652f\u6301\u591a\u5e01\u79cd\u8de8\u5883\u652f\u4ed8\uff0c\u51cf\u5c11\u4e2d\u95f4\u5546\u548c\u7ed3\u7b97\u65f6\u95f4\u3002\u63d0\u4f9b\u6570\u5b57\u8d44\u4ea7\u7684\u4ee3\u5e01\u5316\u529f\u80fd\uff0c\u63a2\u7d22\u7a33\u5b9a\u5e01\u548c\u4ee3\u5e01\u5316\u503a\u5238\u7684\u652f\u4ed8\u573a\u666f\u3002\u800cKinexys\u4e5f\u662f\u57fa\u4e8e\u4ee5\u592a\u574a\u6280\u672f\u6808\uff0c\u5229\u7528\u5176\u667a\u80fd\u5408\u7ea6\u548c\u5206\u5e03\u5f0f\u8d26\u672c\u6280\u672f\u3002\u76ee\u524dKinexys\u65e5\u5747\u4ea4\u6613\u91cf\u5df2\u8d8520\u4ebf\u7f8e\u5143\u3002<\/p>\n<p>4\u3001\u6d41\u5411\u90e8\u5206\u52a0\u5bc6\u539f\u751f\u7684\u7092\u4f5c\u5e02\u573a<\/p>\n<p>\u5c11\u90e8\u5206\u7684\u589e\u91cf\u8d44\u91d1\u4f1a\u5feb\u901f\u6d41\u5411\u52a0\u5bc6\u539f\u751f\u7684\u5c71\u5be8\u5e01\u7092\u4f5c\u5e02\u573a\u3002<\/p>\n<p>\u7efc\u4e0a\u53ef\u77e5\uff0c\u76f8\u5bf9\u4e8e\u5176\u4ed6\u94fe\u4e0a\u751f\u6001\uff0c\u4ee5\u592a\u574a\u53ca\u5176\u94fe\u4e0aDeFi\u662f\u7a33\u5b9a\u5e01\u589e\u91cf\u6700\u5927\u7684\u53bb\u5904\u3002\u94fe\u4e0aDeFi\u57282025\u6216\u5c06\u8fce\u6765\u65b0\u7684\u201cDeFi Summer\u201d\u548c\u5bf9\u8d28\u62bc\u4fc3\u8fdb\u7f51\u7edc\u5b89\u5168\u6027\u7684\u8fdb\u4e00\u6b65\u9700\u6c42\u3002\u540c\u65f6\uff0c6\u670810\u65e5SEC\u7684\u201cDeFi\u201d\u58f0\u660e\uff0c\u6216\u4e3aETH\u7684ETF\u8d28\u62bc\u94fa\u8def\uff0c\u82e5\u672a\u6765\u6210\u529f\u901a\u8fc7\uff0cETH\u5c06\u6210\u4e3a\u52a0\u5bc6\u5e02\u573a\u7684\u201c\u503a\u5238\u201d\uff0c\u5f15\u53d1\u5927\u89c4\u6a21\u7684\u8d2d\u4e70\u3002\u4e00\u7cfb\u5217\u7684\u6539\u53d8\u6216\u5c06\u63a8\u52a8ETH\u518d\u6b21\u8fdb\u5165\u901a\u7f29\u72b6\u6001\uff08\u76ee\u524d\u5e74\u901a\u80c0\u73870.697%\uff09\u3002<\/p>\n<p><img decoding=\"async\" class=\"formatImage\" src=\"https:\/\/s2.flink2.com\/news\/other\/20250612\/e569ace224c5293bfdece8da728f3858.jpg\" \/><\/p>\n<h2>\u4e09\u3001\u5408\u7ea6\u5e02\u573a\u6301\u4ed3\u65b0\u9ad8\uff0c\u7a7a\u5934\u60c5\u7eea\u4ecd\u5728\uff1b\u73b0\u8d27ETF\u6301\u7eed\u6d41\u5165\uff0c\u671f\u6743\u770b\u6da8<\/h2>\n<p>1\u3001\u5408\u7ea6\u6301\u4ed3\u65b0\u9ad8\uff0c\u8d44\u91d1\u6d3b\u8dc3<\/p>\n<p>\u76ee\u524dETH\u8ddd\u79bbATH\u8fd8\u6709\u7ea640%\u7684\u6da8\u5e45\uff0c\u4f46\u5168\u7f51\u5408\u7ea6\u6301\u4ed3\u6765\u5230\u5386\u53f2\u65b0\u9ad8370\u4ebf\u7f8e\u91d1\uff0c\u5408\u7ea6\u5e02\u573a\u6d41\u52a8\u6027\u6781\u4f73\u3002<\/p>\n<p><img decoding=\"async\" class=\"formatImage\" src=\"https:\/\/s2.flink2.com\/news\/other\/20250612\/c4a38bdff96b0a7f3cf9cc7712f33fa1.jpg\" \/><\/p>\n<p>2\u3001\u5e02\u573a\u60c5\u7eea\u9ad8\u70b9\u5c1a\u672a\u5230\u6765<\/p>\n<p>\u4e0e\u6b64\u540c\u65f6\uff0c\u76ee\u524d\u7684\u5e02\u573a\u60c5\u7eea\u5e76\u672a\u6765\u5230\u9ad8\u70b9\uff0c\u6050\u60e7\u8d2a\u5a6a\u6307\u6570\u521a\u521a\u4ece\u4e2d\u6027\u8f6c\u5230\u8d2a\u5a6a\uff0c\u573a\u5185\u60c5\u7eea\u7684\u9ad8\u70b9\u5e76\u672a\u5230\u6765\uff0c\u573a\u5916\u7684\u589e\u91cf\u8d44\u91d1\u8fd8\u672a\u5f00\u59cb\u8fdb\u5165\u3002<\/p>\n<p><img decoding=\"async\" class=\"formatImage\" src=\"https:\/\/s2.flink2.com\/news\/other\/20250612\/735e1611ab67f2eab5cc76c66734a844.jpg\" \/><\/p>\n<p>3\u3001\u4ea4\u6613\u6240\u505a\u7a7a\u4eba\u6570\u589e\u52a0<\/p>\n<p>\u4ece\u4ea4\u6613\u6240\u5408\u7ea6\u6301\u4ed3\u591a\u7a7a\u6bd4\u6765\u770b\uff0c\u591a\u7a7a\u6301\u4ed3\u4eba\u6570\u6bd4\u5728\u6301\u7eed\u4e0b\u964d\uff0c\u505a\u7a7a\u7684\u4eba\u6570\u5728\u589e\u52a0\u3002\u4e0e\u6b64\u540c\u65f6\uff0c\u6301\u4ed3\u5728\u6301\u7eed\u4e0a\u5347\uff0c\u56e0\u6b64\uff0c\u6574\u4f53\u505a\u7a7a\u7684\u4ed3\u4f4d\u4e5f\u5904\u4e8e\u4e0a\u5347\u4e4b\u4e2d\u3002\u4f46\u662f\u591a\u7a7a\u6bd4\u4f8b\u4ecd\u5904\u4e8e\u76f8\u5bf9\u5e73\u8861\u72b6\u6001\uff0c\u8d44\u91d1\u8d39\u7387\u76f8\u5bf9\u7a33\u5b9a\u3002<\/p>\n<p><img decoding=\"async\" class=\"formatImage\" src=\"https:\/\/s2.flink2.com\/news\/other\/20250612\/cd0da1a2bce948124b0941d6c9c5c519.jpg\" \/><\/p>\n<p>4\u3001\u90e8\u5206\u4ea4\u6613\u6240ETH\u73b0\u8d27\u6301\u4ed3\u4f4e\u4e8e\u5408\u7ea6\u6301\u4ed3\u91cf<\/p>\n<p>\u57284\u6708\u5168\u7f51\u53d1\u5e03\u8d8b\u52bf\u53cd\u8f6c\u7814\u62a5\u65f6\uff0c\u6211\u4eec\u89c2\u5bdf\u5230\u90e8\u5206\u4ea4\u6613\u6240\u51fa\u73b0\u4e86ETH\u6301\u6709\u91cf\u8fdc\u4f4e\u4e8e\u4ea4\u6613\u6240\u5408\u7ea6\u6301\u4ed3\u91cf\u3002\u76ee\u524d\uff0c\u8fd9\u4e2a\u60c5\u51b5\u4f9d\u7136\u5b58\u5728\uff0cBybit\u4ea4\u6613\u6240\u6301\u4ed3\u91cf\u4e3a144\u4e07\u679a\uff0c\u4ea4\u6613\u6240\u94b1\u5305\u4f59\u989d\u4e3a31.6\u4e07\u679a\uff0c\u4e3a\u4f59\u989d\u76844.5\u500d\uff1bGate\u4ea4\u6613\u6240\u6301\u4ed3\u91cf\u4e3a196\u4e07\u679a\uff0c\u4ea4\u6613\u6240\u94b1\u5305\u4f59\u989d\u4e3a16.6\u4e07\u679a\uff0c\u4e3a\u4f59\u989d11.8\u500d\u3002Bitget\u4ea4\u6613\u6240\u6301\u4ed3\u91cf\u4e3a152\u4e07\u679a\uff0c\u4f46\u4ea4\u6613\u6240\u94b1\u5305\u4f59\u989d\u6682\u672a\u62ab\u9732\u3002<\/p>\n<p><img decoding=\"async\" class=\"formatImage\" src=\"https:\/\/s2.flink2.com\/news\/other\/20250612\/9440a2c53723fe4070d76f3a558c7a86.jpg\" \/><img decoding=\"async\" class=\"formatImage\" src=\"https:\/\/s2.flink2.com\/news\/other\/20250612\/e934c527dd3615535e0e2cf00d403534.jpg\" \/><\/p>\n<p>5\u3001CME\u5408\u7ea6\u6301\u4ed3\u65b0\u9ad8<\/p>\n<p>\u4eceCME\u7684\u6570\u636e\u4e0a\u770b\uff0c\u76ee\u524d\u5728CME\u7684ETH\u4ea4\u6613\u91cf\u672a\u5230\u65b0\u9ad8\uff0c\u4f46\u672a\u5e73\u4ed3\u5408\u7ea6\u91cf\uff08OI\uff09\u6765\u5230\u8fd1\u5386\u53f2\u65b0\u9ad8\u7684\u4f4d\u7f6e\u3002\u4ece\u591a\u7a7a\u60c5\u51b5\u6765\u770b\uff0c\u975e\u5546\u4e1a\u4ea4\u6613\u8005\u591a\u5934\u6301\u4ed318,699\u4efd\u5408\u7ea6\uff0c\u7a7a\u5934\u6301\u4ed319572\u4efd\u5408\u7ea6\uff0c\u51c0\u5934\u5bf8\u4e3a873\u4efd\u5408\u7ea6\u7a7a\u5934\uff0c\u663e\u793a\u51fa\u671f\u8d27\u5e02\u573a\u6295\u673a\u8005\u770b\u7a7a\u60c5\u7eea\u5360\u591a\u3002\u82e5\u975e\u5546\u4e1a\u4ea4\u6613\u8005\u7a7a\u5934\u4e2d\u670930%-40%\u8fdb\u884c\u4e86\u5957\u4fdd\uff0c\u5219\u88f8\u7a7a\u5934\u5bf8\u536060%-70%\uff0c\u6309\u71672750\u7f8e\u91d1\u7684\u4ef7\u683c\u8ba1\u7b97\uff0cCME\u4e0a\u6295\u673a\u8005\u88f8\u7a7a\u7684\u5934\u5bf8\u7ea6\u572816\u201318\u4ebf\u7f8e\u91d1\u3002<\/p>\n<p><img decoding=\"async\" class=\"formatImage\" src=\"https:\/\/s2.flink2.com\/news\/other\/20250612\/cc744db052c8c4248035c64ec302c8d5.jpg\" \/><img decoding=\"async\" class=\"formatImage\" src=\"https:\/\/s2.flink2.com\/news\/other\/20250612\/fd3ba2a7a320a2cdd4f30dda1406e95e.jpg\" \/><\/p>\n<p>6\u3001AAVE\u501f\u51faETH 68\u4ebf<\/p>\n<p>\u5728\u94fe\u4e0a\u6700\u5927\u7684\u501f\u8d37\u534f\u8baeAAVE\u6570\u636e\u53ef\u770b\u5230\uff0c\u76ee\u524d\u94fe\u4e0aETH\u7684\u501f\u51fa\u91d1\u989d\u7ea6\u4e3a68\u4ebf\u7f8e\u91d1\uff0c\u8fd9\u4e9b\u501f\u51fa\u6839\u636e\u5e02\u573a\u5e38\u8bc6\u5e76\u4e0d\u4f1a\u5b8c\u5168\u5957\u4fdd\uff0c\u4f1a\u6709\u4e0d\u5c11\u90e8\u5206\u8fdb\u884c\u7740\u6760\u6746\u505a\u7a7a\uff0c\u6211\u4eec\u63a8\u6d4b\u8fd9\u90e8\u5206\u88f8\u7a7a\u7684\u91d1\u989d\u4e0d\u4f4e\u4e8e10\u4ebf\u7f8e\u91d1\u3002<\/p>\n<p><img decoding=\"async\" class=\"formatImage\" src=\"https:\/\/s2.flink2.com\/news\/other\/20250612\/457c7c2f3896ccec09269019da78f17b.jpg\" \/><\/p>\n<p>7\u3001\u73b0\u8d27ETF\u6301\u7eed\u51c0\u6d41\u5165\uff0c\u671f\u6743\u5e02\u573a\u770b\u6da8<\/p>\n<p>\u901a\u8fc7\u671f\u8d27\u884d\u751f\u54c1\u6570\u636e\uff0c\u6211\u4eec\u8ba4\u4e3a\u76ee\u524d\u5e02\u573a\u7684\u770b\u7a7a\u60c5\u7eea\u4ecd\u5728\uff0c\u5e76\u5b58\u5728\u5341\u4ebf\u7ea7\u522b\u7684\u88f8\u7a7a\u60c5\u51b5\uff0c\u4f46\u5728\u671f\u6743\u548c\u73b0\u8d27\u5e02\u573a\u53cd\u6620\u4e86\u4e00\u5b9a\u7a0b\u5ea6\u7684\u770b\u6da8\u5e03\u5c40\u3002<\/p>\n<p>\u5728\u73b0\u8d27\u5e02\u573a\u4e0a\uff0cETH ETF\u9006\u8f6c\u6b64\u524d\u7684\u5f31\u52bf\u72b6\u6001\uff0c\u8fd115\u5929\u6301\u7eed\u51c0\u6d41\u5165\u30026\u670810\u65e5\u5355\u65e5\u51c0\u6d41\u5165\u8fbe1.25\u4ebf\u7f8e\u91d1\uff0c6\u6708\u7d2f\u8ba1\u6d41\u51654.5\u4ebf\u7f8e\u91d1\uff0c\u5176\u4e2d\uff0c\u8d1d\u83b1\u5fb7\u4e70\u51653.6\u4ebf\u7f8e\u5143\uff0c\u662f\u8d2d\u4e70\u4e3b\u529b\uff0c\u663e\u793a\u51fa\u770b\u6da8\u8d8b\u52bf\u3002<\/p>\n<p><img decoding=\"async\" class=\"formatImage\" src=\"https:\/\/s2.flink2.com\/news\/other\/20250612\/04e21d538eb0f4592c7f05be6f884771.jpg\" \/><\/p>\n<p>\u8d1d\u83b1\u5fb7ETH\u73b0\u8d27ETF\u6301\u4ed3\u53d8\u5316\u5982\u4e0b\uff0c2025\u5e745\u6708\u4ee5\u6765\u5904\u4e8e\u6301\u7eed\u589e\u6301\u4e2d\u3002<\/p>\n<p><img decoding=\"async\" class=\"formatImage\" src=\"https:\/\/s2.flink2.com\/news\/other\/20250612\/3b2a5c6802b0806d3bf1c3f1aafa481d.jpg\" \/><\/p>\n<p>\u8d1d\u83b1\u5fb7\u6b63\u5356\u51fa\u90e8\u5206BTC\u73b0\u8d27\uff0c\u8f6c\u800c\u4e70\u5165ETH\u73b0\u8d27\u3002<\/p>\n<p>Deribit\u663e\u793a\uff0c\u76ee\u524d\u672a\u5e73\u4ed3\u671f\u6743\u4e2d\u770b\u6da8\u671f\u6743\u6570\u91cf\u8fdc\u9ad8\u4e8e\u770b\u8dcc\u671f\u6743\u3002\u57286\u670820\u65e5\u524d\u4ea4\u5272\u7684\u671f\u6743\u4e8c\u8005\u76f8\u5dee\u4e0d\u5927\uff0c\u4f46\u57286\u670820\u65e5\u4e4b\u540e\u4ea4\u6613\u7684\u671f\u6743\u4e2d\u770b\u6da8\u671f\u6743\u663e\u8457\u9ad8\u4e8e\u770b\u8dcc\u3002<\/p>\n<p><img decoding=\"async\" class=\"formatImage\" src=\"https:\/\/s2.flink2.com\/news\/other\/20250612\/ed2ddd22a88bb58e4fe8ab6f104e6f9f.jpg\" \/><\/p>\n<p>\u6e05\u7b97\u76d1\u63a7\u663e\u793a\uff0c\u4ef7\u503c21\u4ebf\u7f8e\u5143\u7684ETH\u7a7a\u5934\u5c06\u57283000\u7f8e\u5143\u5904\u88ab\u6e05\u7b97\uff0c\u5e02\u573a\u5c06\u6324\u538b\u8fd9\u4e9b\u7a7a\u5934\uff0c\u77ed\u671f\u6709\u671b\u63a8\u52a8ETH\u4e0a\u6da8\u81f33000\u7f8e\u5143\u3002<\/p>\n<p>8\u3001\u4ee5\u592a\u574a\u91d1\u5e93SBET\u5e26\u6765\u65b0\u7684\u9700\u6c42<\/p>\n<p>\u5728\u52a0\u5bc6\u53cb\u597d\u3001\u76d1\u7ba1\u5bbd\u677e\u7684\u60c5\u51b5\u4e0b\uff0c\u7f8e\u80a1\u5e02\u573a\u4e0a\u51fa\u73b0\u591a\u5bb6\u516c\u53f8\u6a21\u4effMSTR\u7684\u6a21\u5f0f\uff0c\u8d2d\u4e70BTC\u3001ETH\u3001SOL\u7b49\u4e3b\u6d41\u4ee3\u5e01\u4f5c\u4e3a\u5e95\u5c42\u8d44\u4ea7\u3002<\/p>\n<p>\u4ee5\u592a\u574a\u8054\u5408\u521b\u59cb\u4eba\u3001ConsenSys \u521b\u59cb\u4eba\u517c\u9996\u5e2d\u6267\u884c\u5b98\u4e54\u00b7\u5362\u5bbe\uff08Joe Lubin\uff09\u5ba3\u5e03\uff0c\u4ed6\u5c06\u62c5\u4efb SharpLink Gaming\uff08\u80a1\u7968\u4ee3\u7801\uff1aSBET\uff09\u7684\u8463\u4e8b\u4f1a\u4e3b\u5e2d\uff0c\u5e76\u9886\u5bfc\u5176 4.25 \u4ebf\u7f8e\u5143\u7684\u4ee5\u592a\u574a\u91d1\u5e93\u6218\u7565\u3002\u4ee5\u592a\u574a\u91d1\u5e93\u5c06\u662f\u4e00\u4e2a\u4e3b\u52a8\u578b\u91d1\u5e93\uff0c\u9664\u4e86\u4eab\u53d7\u4ee3\u5e01\u4ef7\u683c\u4e0a\u6da8\u5e26\u6765\u7684\u6536\u76ca\u4e4b\u5916\uff0c\u5927\u90e8\u5206ETH\u4ee3\u5e01\u5c06\u88ab\u7528\u4e8e\u8d28\u62bc\uff0c\u662f\u7f51\u7edc\u5b89\u5168\u7684\u79ef\u6781\u53c2\u4e0e\u8005\uff0c\u6295\u8d44\u8005\u8fd8\u53ef\u4ee5\u83b7\u5f97\u81f3\u5c112%\u7684\u8d28\u62bc\u6536\u5165\u3002\u8fd9\u79cd\u6a21\u5f0f\u5c06\u4e3aETH\u5e26\u6765\u65b0\u7684\u9700\u6c42\u3002<\/p>\n<p>9\u3001\u52a0\u5bc6\u4f01\u4e1a\u5bc6\u96c6\u4e0a\u5e02\uff0c\u521b\u9020\u6301\u7eed\u8d44\u91d1\u70ed\u70b9<\/p>\n<p>\u7a33\u5b9a\u5e01Circle\u4e8e6\u6708\u521d\u767b\u9646\u7eb3\u65af\u8fbe\u514b\uff0c\u4e0a\u5e02\u5f53\u65e5\u6da8\u5e45\u8d85\u8fc7200%\uff0c\u5f15\u53d1\u5e02\u573a\u8d44\u91d1\u5bf9\u4e8e\u5e01\u80a1\u7684\u9ad8\u5ea6\u70ed\u60c5\u3002\u591a\u5bb6\u52a0\u5bc6\u4f01\u4e1a\u900f\u9732\u5176\u7eb3\u65af\u8fbe\u514b\u4e0a\u5e02\u8ba1\u5212\u3002\u5f7c\u5f97\u00b7\u8482\u5c14\u53c2\u4e0e\u6295\u8d44\u7684\u52a0\u5bc6\u8d44\u4ea7\u4ea4\u6613\u6240Bullish Global\u3001\u8001\u724c\u4ea4\u6613\u6240Kraken\u3001\u52a0\u5bc6\u8d44\u4ea7\u7ba1\u7406\u516c\u53f8Galaxy Digital\u3001\u52a0\u5bc6\u8d27\u5e01\u6258\u7ba1\u548c\u673a\u6784\u670d\u52a1\u5546Bitgo\u3001\u52a0\u5bc6\u6316\u77ff\u8bbe\u5907\u5236\u9020\u5546Bgin Blockchain\u7b49\u5747\u6709\u4e0a\u5e02\u8ba1\u5212\uff0c\u90e8\u5206\u5df2\u7ecf\u63d0\u4ea4\u4e0a\u5e02\u7533\u8bf7\u3002\u8fd9\u4e9b\u9879\u76ee\u7684\u9646\u7eed\u4e0a\u5e02\uff0c\u5c06\u521b\u9020\u6301\u7eed\u7684\u8d44\u91d1\u70ed\u70b9\uff0c\u5c06\u6709\u66f4\u591a\u8d44\u91d1\u5173\u6ce8\u5230\u52a0\u5bc6\u8d44\u4ea7\uff0c\u53c2\u4e0e\u5176\u4e2d\u3002<\/p>\n<p>\u7efc\u4e0a\uff0c\u6211\u4eec\u8ba4\u4e3a\uff0cETH\u5408\u7ea6\u6301\u4ed3\u91cf\u5904\u4e8e\u9ad8\u4f4d\uff0c\u8d44\u91d1\u6d3b\u8dc3\uff1b\u5e02\u573a\u60c5\u7eea\u5347\u6e29\uff0c\u4f46\u662f\u5c1a\u672a\u8fdb\u5165\u8d2a\u5a6a\u6781\u503c\u9636\u6bb5\uff1b\u4ea4\u6613\u6240\u770b\u7a7a\u4eba\u6570\u5728\u589e\u52a0\uff0c\u4f46\u5c1a\u672a\u51fa\u73b0\u663e\u8457\u591a\u7a7a\u5931\u8861\u3002ETH\u73b0\u8d27\u5904\u4e8e\u6301\u7eed\u6d41\u5165\u9636\u6bb5\uff0c\u671f\u6743\u770b\u6da8\u3002\u800c\u4ef7\u683c\u7a81\u7834\u4e86\u5173\u952e\u7684\u652f\u963b\u4e92\u6362\u533a\uff0c\u5e76\u8fdb\u4e00\u6b65\u7a81\u7834\u77ed\u671f\u963b\u529b\u4f4d\uff0c\u957f\u671f\u79ef\u7d2f\u7684\u7a7a\u5355\u6216\u8fdb\u4e00\u6b65\u52a9\u63a8\u4e0a\u6da8\u884c\u60c5\u5ef6\u7eed\u3002\u914d\u5408\u4e0a\u6570\u5b57\u8d27\u5e01\u76d1\u7ba1\u7684\u653e\u5bbd\uff0c\u7a33\u5b9a\u5e01\u5e02\u503c\u7684\u9010\u6b65\u589e\u52a0\uff0c\u7f8e\u80a1\u5e02\u573a\u4ee5\u592a\u574a\u91d1\u5e93\u7b56\u7565\u7684\u9010\u6b65\u589e\u957f\uff0c\u7f8e\u80a1\u5e02\u573a\u5bf9\u52a0\u5bc6\u4f01\u4e1a\u7684\u63a5\u7eb3\u7a0b\u5ea6\u4e0d\u65ad\u63d0\u9ad8\uff0cETH\u4e2d\u957f\u671f\u6709\u53ef\u80fd\u7a81\u783414000\u7f8e\u5143\u3002<\/p>\n<h2>\u56db\u3001\u603b\u7ed3<\/h2>\n<p>\u7f8e\u56fd\u5bf9\u52a0\u5bc6\u76d1\u7ba1\u8fdb\u4e00\u6b65\u7cfb\u7edf\u5316\u3001\u89c4\u8303\u5316\u3001\u660e\u786e\u5316\uff0c\u5e76\u7b80\u5316\u52a0\u5bc6\u8d44\u4ea7\u7684\u53d1\u884c\u3001\u6258\u7ba1\u548c\u4ea4\u6613\u7a0b\u5e8f\uff0c\u63a8\u52a8\u7a33\u5b9a\u5e01\u7684\u53d1\u884c\uff0c\u540c\u65f6\u63a2\u7d22DeFi\u3001RWA\u7b49\u521b\u65b0\u8d44\u4ea7\u7684\u5f00\u53d1\u3002\u8fd9\u4e00\u7cfb\u5217\u4e3e\u63aa\u90fd\u5c06\u6269\u5f20\u52a0\u5bc6\u8d44\u4ea7\u89c4\u6a21\u3002\u4ee5\u592a\u574a\u62e5\u6709\u6700\u4e3a\u6210\u719f\u7684\u94fe\u4e0a\u91d1\u878d\u751f\u6001\uff0c\u6700\u6709\u53ef\u80fd\u627f\u63a5\u7ecf\u7531\u7a33\u5b9a\u5e01\u5408\u89c4\u5316\u5e26\u6765\u7684\u8d44\u91d1\uff0c\u5efa\u7acb\u5728\u5176\u57fa\u7840\u4e4b\u4e0a\u7684DeFi\u9879\u76ee\u548cRWA\u9879\u76ee\u4e5f\u5c06\u53d7\u76ca\u4e8e\u6b64\uff0c\u83b7\u5f97\u957f\u671f\u53d1\u5c55\u3002<\/p>\n<\/p><\/div>\n<div class=\"pl30 pr30 pb30\">\n<p class=\"f18 fw\">\u6b22\u8fce\u52a0\u5165\u6df1\u6f6eTechFlow\u5b98\u65b9\u793e\u7fa4<\/p>\n<div class=\"line32 mt20\">                        Telegram\u8ba2\u9605\u7fa4\uff1ahttps:\/\/t.me\/TechFlowDaily<br \/>                        Twitter\u5b98\u65b9\u8d26\u53f7\uff1ahttps:\/\/x.com\/TechFlowPost<br \/>                        Twitter\u82f1\u6587\u8d26\u53f7\uff1ahttps:\/\/x.com\/BlockFlow_News                    <\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Trend Research\uff1a\u5199\u5728\u66b4\u6da8\u524d\u5915\uff0c\u6211\u4eec\u4e3a\u4f55\u770b\u597d ETH\uff1f \u4ee5\u592a\u574a\u4f9d\u7136\u662f\u94fe\u4e0a\u91d1\u878d\u6700\u91cd\u8981\u7684\u57fa\u5efa\u3002 \u6628\u65e5E [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2659,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-2658","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"http:\/\/www.jineng168.com\/index.php?rest_route=\/wp\/v2\/posts\/2658","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.jineng168.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.jineng168.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.jineng168.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.jineng168.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2658"}],"version-history":[{"count":1,"href":"http:\/\/www.jineng168.com\/index.php?rest_route=\/wp\/v2\/posts\/2658\/revisions"}],"predecessor-version":[{"id":5206,"href":"http:\/\/www.jineng168.com\/index.php?rest_route=\/wp\/v2\/posts\/2658\/revisions\/5206"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.jineng168.com\/index.php?rest_route=\/wp\/v2\/media\/2659"}],"wp:attachment":[{"href":"http:\/\/www.jineng168.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2658"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.jineng168.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2658"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.jineng168.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2658"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}