{"id":3178,"date":"2026-01-18T19:12:29","date_gmt":"2026-01-18T11:12:29","guid":{"rendered":"http:\/\/www.jineng168.com\/?p=3178"},"modified":"2026-01-18T19:12:29","modified_gmt":"2026-01-18T11:12:29","slug":"coin-metrics%ef%bc%9awbtc-%e4%b8%8e-cbbtc-%e5%a6%82%e4%bd%95%e6%89%a9%e5%b1%95%e6%af%94%e7%89%b9%e5%b8%81%e6%95%88%e7%94%a8%ef%bc%9f","status":"publish","type":"post","link":"http:\/\/www.jineng168.com\/?p=3178","title":{"rendered":"Coin Metrics\uff1aWBTC \u4e0e cbBTC \u5982\u4f55\u6269\u5c55\u6bd4\u7279\u5e01\u6548\u7528\uff1f"},"content":{"rendered":"<h1 class=\"art_tit\">Coin Metrics\uff1aWBTC \u4e0e cbBTC \u5982\u4f55\u6269\u5c55\u6bd4\u7279\u5e01\u6548\u7528\uff1f<\/h1>\n<div class=\"content_text\">\n<div class=\"quote\">                        \u6bd4\u7279\u5e01\u4e0d\u5e94\u8be5\u53ea\u662f\u4e00\u79cd\u4ef7\u503c\u5b58\u50a8\u624b\u6bb5\u3002                    <\/div>\n<p><span>\u64b0\u6587\uff1aTanay Ved<\/span><\/p>\n<p><span>\u7f16\u8bd1\uff1aLuffy\uff0cForesight News<\/span><\/p>\n<p><strong>\u5173\u952e\u8981\u70b9\uff1a<\/strong><\/p>\n<ul>\n<li>\n<p>\u5305\u88c5\u6bd4\u7279\u5e01\uff0c\u4f8b\u5982 WBTC \u548c cbBTC\uff0c\u5c06\u6bd4\u7279\u5e01\u7684\u5b9e\u7528\u6027\u6269\u5c55\u5230\u81ea\u8eab\u7f51\u7edc\u4e4b\u5916\uff0c\u589e\u5f3a\u4e86\u8de8\u94fe\u7684\u53ef\u8bbf\u95ee\u6027\u548c\u4e92\u64cd\u4f5c\u6027\u3002<\/p>\n<\/li>\n<li>\n<p>\u5305\u88c5\u6bd4\u7279\u5e01\u5177\u6709\u4e0d\u540c\u7684\u6258\u7ba1\u6a21\u5f0f\u548c\u6cbb\u7406\u7ed3\u6784\uff0c\u4ece\u5b8c\u5168\u4e2d\u5fc3\u5316\u7684\u53d1\u884c\u8005\uff08\u4f8b\u5982 Coinbase \u7684 cbBTC\uff09\u5230\u53bb\u4e2d\u5fc3\u5316\u7684\u3001\u57fa\u4e8e\u667a\u80fd\u5408\u7ea6\u7684\u7cfb\u7edf\uff08\u4f8b\u5982 Threshold tBTC\uff09\u3002<\/p>\n<\/li>\n<li>\n<p>WBTC \u4f9b\u5e94\u91cf\u6700\u5927\uff08\u7ea6 12.9 \u4e07 BTC\uff09\uff0c\u4f46 cbBTC \u7684\u4efd\u989d\u6b63\u5728\u8fc5\u901f\u4e0a\u5347\uff0cBase \u548c Solana \u4e0a\u7684\u53d1\u884c\u91cf\u7ea6\u4e3a 4.3 \u4e07 \u6bd4\u7279\u5e01\u3002\u4e24\u8005\u5408\u8ba1\u4ee3\u8868\u7740\u8d85\u8fc7 17.2 \u4e07\u5305\u88c5\u6bd4\u7279\u5e01\uff0c\u5b83\u4eec\u5728\u4e0d\u540c\u533a\u5757\u94fe\u4e0a\u7684\u4f7f\u7528\u65b9\u5f0f\u6709\u6240\u4e0d\u540c\u3002<\/p>\n<\/li>\n<li>\n<p>\u5305\u88c5\u6bd4\u7279\u5e01\u5728 DeFi \u9886\u57df\u88ab\u5e7f\u6cdb\u91c7\u7528\u3002WBTC \u5728\u4ee5\u592a\u574a DEX \u4e2d\u5360\u636e\u4e3b\u5bfc\u5730\u4f4d\uff08\u4ee5 Uniswap v3 \u4e3a\u9996\uff09\uff0c\u800c cbBTC \u5728 Aerodrome \u7b49 DEX \u4e0a\u66f4\u4e3a\u6d3b\u8dc3\u3002\u603b\u8ba1\u8d85\u8fc7 70 \u4ebf\u7f8e\u5143\u7684 WBTC \u548c cbBTC \u88ab\u9501\u5b9a\u5728 Aave \u548c Morpho \u7b49\u501f\u8d37\u534f\u8bae\u4e2d\uff0c\u7528\u6237\u4ee5\u5b83\u4eec\u4e3a\u62b5\u62bc\u8fdb\u884c\u501f\u8d37\u3002<\/p>\n<\/li>\n<\/ul>\n<h2>\u4ecb\u7ecd<\/h2>\n<p>\u6bd4\u7279\u5e01\u7684\u7a00\u7f3a\u6027\u548c\u53ef\u9884\u6d4b\u7684\u8d27\u5e01\u653f\u7b56\u4f7f\u5176\u6210\u4e3a\u4e00\u79cd\u7406\u60f3\u7684\u300c\u4ef7\u503c\u5b58\u50a8\u624b\u6bb5\u300d \uff0c\u5b83\u7684\u6240\u6709\u6743\u6b63\u65e5\u76ca\u8f6c\u5411\u957f\u671f\u6301\u6709\u8005\u3001ETF \u4ee5\u53ca\u4e0a\u5e02\u516c\u53f8\u3002\u4f46\u968f\u7740 BTC \u88ab\u5927\u91cf \u300c\u56e4\u79ef\u300d\uff0c\u5176 \u4ef7\u503c 2 \u4e07\u4ebf\u7f8e\u5143\u7684\u539f\u751f\u4ee3\u5e01\u7684\u5b9e\u7528\u6027\u5374\u6ca1\u6709\u88ab\u5f00\u53d1\uff0c\u8fd9\u610f\u5473\u7740\u4ec0\u4e48\uff1f<\/p>\n<p>\u4e3a\u4e86\u5e94\u5bf9\u8fd9\u79cd\u60c5\u51b5\uff0c\u8d8a\u6765\u8d8a\u591a\u7684\u4ea7\u54c1\u5e94\u8fd0\u800c\u751f\uff0c\u5b83\u4eec\u7684\u5171\u540c\u76ee\u6807\u662f\u8ba9\u6bd4\u7279\u5e01\u53d1\u6325\u4f5c\u7528\u3002\u4ece\u57fa\u4e8e\u6bd4\u7279\u5e01\u7684\u501f\u8d37\uff08\u4f8b\u5982 Coinbase \u4e0e Morpho \u7684\u5408\u4f5c\uff0c\u6216 Cantor Fitzgerald \u901a\u8fc7 Maple Finance \u63d0\u4f9b\u7684\u6bd4\u7279\u5e01\u4fe1\u8d37\u5de5\u5177\uff09\uff0c\u5230\u65e8\u5728\u6269\u5bb9\u6bd4\u7279\u5e01\u529f\u80fd\u7684 L2\u3001\u7528\u4e8e\u8de8\u94fe\u4e92\u64cd\u4f5c\u6027\u7684\u5305\u88c5\u6bd4\u7279\u5e01\uff0c\u4ee5\u53ca\u50cf Strategy \u8fd9\u6837\u7684\u4f01\u4e1a\u8d22\u52a1\u5de5\u5177\uff0c\u6240\u6709\u8fd9\u4e9b\u90fd\u662f\u4e3a\u4e86\u8ba9\u6bd4\u7279\u5e01\u66f4\u5177\u751f\u4ea7\u529b\u3002<\/p>\n<p>\u672c\u6587\u6211\u4eec\u63a2\u8ba8\u4e86\u4ee3\u5e01\u5316\u6bd4\u7279\u5e01\u4e0d\u65ad\u53d1\u5c55\u7684\u751f\u6001\u7cfb\u7edf\uff0c\u91cd\u70b9\u5173\u6ce8 Wrapped Bitcoin (WBTC) \u548c Coinbase \u7684 cbBTC\uff0c\u5206\u6790\u5b83\u4eec\u5982\u4f55\u8de8\u94fe\u6269\u5c55 BTC \u7684\u5b9e\u7528\u6027\u3002<\/p>\n<h2>\u4ee3\u5e01\u5316\u6bd4\u7279\u5e01\u4ea7\u54c1\u7684\u73b0\u72b6<\/h2>\n<p>\u5728\u667a\u80fd\u5408\u7ea6\u5e73\u53f0\u4e0a\u4f7f\u7528\u6bd4\u7279\u5e01\u7684\u9700\u6c42\u6700\u7ec8\u50ac\u751f\u4e86\u4e00\u7cfb\u5217\u4ee3\u5e01\u5316\u6bd4\u7279\u5e01\uff0c\u4e5f\u79f0\u4e3a\u300c\u6bd4\u7279\u5e01\u884d\u751f\u54c1\u300d\u3002\u5176\u4e2d\uff0c\u5305\u88c5\u6bd4\u7279\u5e01 \u662f\u6700\u5927\u7684\u7c7b\u522b\uff0c\u4ee3\u8868\u5728\u5176\u4ed6\u533a\u5757\u94fe\u4e0a\u53d1\u884c\u7684 BTC \u4ee3\u5e01\u5316\u7248\u672c\uff0c\u901a\u5e38\u901a\u8fc7\u94f8\u9020\u548c\u9500\u6bc1\u673a\u5236\u53d1\u884c\uff0c\u5e76\u4ee5 1:1 \u7684\u6bd4\u4f8b\u7531\u6258\u7ba1\u7684\u539f\u751f\u6bd4\u7279\u5e01\u63d0\u4f9b\u652f\u6301\u3002<\/p>\n<p>\u5305\u88c5\u578b\u6bd4\u7279\u5e01\u4ee3\u5e01\u65e8\u5728\u63d0\u5347 BTC \u7684\u53ef\u8bbf\u95ee\u6027\u548c\u4e92\u64cd\u4f5c\u6027\uff0c\u5e26\u6765\u539f\u751f\u6bd4\u7279\u5e01\u6240\u4e0d\u5177\u5907\u7684\u53ef\u7f16\u7a0b\u6027\u548c\u4f4e\u6210\u672c\u6267\u884c\u80fd\u529b\u3002\u4e0b\u8868\u6982\u8ff0\u4e86\u4e3b\u8981\u7684\u5305\u88c5\u578b\u6bd4\u7279\u5e01\uff0c\u5e76\u6bd4\u8f83\u4e86\u5b83\u4eec\u7684\u6258\u7ba1\u6a21\u5f0f\u3001\u53d1\u884c\u5b9e\u4f53\u3001\u6cbb\u7406\u7ed3\u6784\u548c\u652f\u6301\u7684\u533a\u5757\u94fe\u7f51\u7edc\uff1a<\/p>\n<p><img decoding=\"async\" class=\"formatImage\" src=\"https:\/\/s2.flink2.com\/news\/other\/20250604\/4844291746234c401fe374a591a6cf53.jpg\" \/><\/p>\n<p>\u867d\u7136\u8fd9\u4e9b\u4ee3\u5e01\u90fd\u65e8\u5728\u6269\u5c55\u6bd4\u7279\u5e01\u6548\u7528\uff0c\u4f46\u5b83\u4eec\u7684\u4fe1\u4efb\u5047\u8bbe\u5374\u5404\u4e0d\u76f8\u540c\u3002\u5982\u4eca\u7684\u89e3\u51b3\u65b9\u6848\u591a\u79cd\u591a\u6837\uff0c\u4ece\u50cf Coinbase \u7684 cbBTC \u8fd9\u6837\u7684\u5b8c\u5168\u6258\u7ba1\u6a21\u578b\uff0c\u5230\u50cf WBTC \u8fd9\u6837\u7684\u57fa\u4e8e DAO \u7684\u591a\u91cd\u7b7e\u540d\u7cfb\u7edf\uff0c\u518d\u5230\u50cf Threshold \u7684 tBTC \u8fd9\u6837\u7684\u57fa\u4e8e\u5206\u5e03\u5f0f\u667a\u80fd\u5408\u7ea6\u7684\u7cfb\u7edf\u3002\u5728\u6240\u6709\u8fd9\u4e9b\u6a21\u578b\u4e2d\uff0c\u7528\u6237\u90fd\u5c06\u6bd4\u7279\u5e01\u7684\u6258\u7ba1\u6743\u4ea4\u7ed9\u7b2c\u4e09\u65b9\uff0c\u4ee5\u6362\u53d6\u4ee3\u5e01\u5316\u7684\u8c61\u5f81\u3002<\/p>\n<p>\u9664\u4e0a\u8ff0\u4e3b\u8981\u5305\u88c5\u6bd4\u7279\u5e01\u5916\uff0c\u6d41\u52a8\u6027\u8d28\u62bc\u6bd4\u7279\u5e01\u884d\u751f\u54c1\u4e5f\u5728\u5d1b\u8d77\u3002\u4f8b\u5982\uff0cLombard \u7684 LBTC \u901a\u8fc7 Babylon Protocol \u4e3a\u6743\u76ca\u8bc1\u660e\uff08PoS\uff09\u94fe\u63d0\u4f9b\u5b89\u5168\u4fdd\u969c\uff0c\u4f7f BTC \u6301\u6709\u8005\u80fd\u591f\u8d5a\u53d6\u8d28\u62bc\u6536\u76ca\u3002<\/p>\n<h2>WBTC \u548c cbBTC<\/h2>\n<p>\u81ea 2023 \u5e74 1 \u6708\u4ee5\u6765\uff0c\u53d7 BTC \u4ef7\u683c\u4e0a\u6da8\u548c\u8de8\u94fe\u53d1\u884c\u65b0\u4ea7\u54c1\u7684\u63a8\u52a8\uff0c\u5305\u88c5\u6bd4\u7279\u5e01\u7684\u5e02\u503c\u589e\u957f\u4e86\u4e94\u500d\u3002\u5e02\u503c\u6700\u5927\u7684\u4e24\u4e2a\u4ee3\u5e01\u662f WBTC \u548c cbBTC\uff0c\u5206\u522b\u7531 BiT Global \u548c Coinbase \u53d1\u884c\uff0c\u603b\u4f9b\u5e94\u91cf\u4e3a 17.2 \u4e07\u679a\u3002<\/p>\n<p><img decoding=\"async\" class=\"formatImage\" src=\"https:\/\/s2.flink2.com\/news\/other\/20250604\/858635bf43de119b30c5edf67c9dfee6.jpg\" \/><\/p>\n<p>\u4f5c\u4e3a 2019 \u5e74\u4e0a\u5e02\u7684\u9996\u4e2a\u5305\u88c5\u578b\u6bd4\u7279\u5e01\uff0cWBTC \u4e00\u76f4\u4ee5\u6765\u90fd\u5360\u636e\u7740\u5e02\u573a\u4e3b\u5bfc\u5730\u4f4d\u3002\u7136\u800c\uff0c\u968f\u7740 WBTC \u7684\u6240\u6709\u6743\u4e8e 2024 \u5e74 9 \u6708\u8f6c\u79fb\u5230 BiT Global \u65d7\u4e0b\uff0c\u5e02\u573a\u5bf9 WBTC \u7684\u9700\u6c42\u4f3c\u4e4e\u6709\u6240\u51cf\u5f31\u3002\u4e0e\u6b64\u540c\u65f6\uff0cCoinbase \u7684 cbBTC \u5728 Base \u3001\u4ee5\u592a\u574a\u548c Solana \u4e0a\u63a8\u51fa\u5e76\u8fc5\u901f\u589e\u957f\uff0c\u5f25\u8865\u4e86 WBTC \u7684\u4e0b\u6ed1\u3002<\/p>\n<p><img decoding=\"async\" class=\"formatImage\" src=\"https:\/\/s2.flink2.com\/news\/other\/20250604\/61e53e77ce1c0a62013c1d3b88aedc29.jpg\" \/><\/p>\n<p>\u622a\u81f3 2025 \u5e74 6 \u6708 1 \u65e5\uff0cWBTC \u5360\u636e\u4e86 \u5305\u88c5\u6bd4\u7279\u5e01\u5e02\u573a\u7684 81%\uff0c\u5f53\u524d\u4f9b\u5e94\u91cf\u4e3a 12.88 \u4e07\u679a BTC\u3002\u76f8\u6bd4\u4e4b\u4e0b\uff0ccbBTC \u5360\u636e\u4e86\u5269\u4f59\u7684 19%\uff0c\u4ee5\u592a\u574a\u3001Base \u548c Solana \u7684\u53d1\u884c\u91cf\u5206\u522b\u4e3a 2.76 \u4e07\u679a\u30011.32 \u4e07\u679a\u548c 2.3 \u4e07\u679a\u3002<\/p>\n<h2>\u6bd4\u7279\u5e01\u8de8\u94fe\u4f7f\u7528\u60c5\u51b5<\/h2>\n<p>\u968f\u7740\u6bd4\u7279\u5e01\u5728\u4ee5\u592a\u574a\u3001Base \u548c Solana \u7b49\u533a\u5757\u94fe\u4e0a\u7684\u6fc0\u589e\uff0c\u94fe\u4e0a\u6d3b\u52a8\u53ef\u4ee5\u66f4\u6df1\u5165\u5730\u6d1e\u5bdf\u5176\u5728\u8fd9\u4e9b\u751f\u6001\u7cfb\u7edf\u4e2d\u7684\u529f\u80fd\u4f5c\u7528\u3002\u6d3b\u8dc3\u5730\u5740\u53ef\u4ee5\u8ba9\u6211\u4eec\u4e86\u89e3\u7528\u6237\u4e0e\u8de8\u94fe\u4ee3\u5e01\u5316\u6bd4\u7279\u5e01\u7684\u4e92\u52a8\u5e7f\u5ea6\u3002<\/p>\n<p><img decoding=\"async\" class=\"formatImage\" src=\"https:\/\/s2.flink2.com\/news\/other\/20250604\/a07170ec5266534f8539a79e7f89a70e.jpg\" \/><\/p>\n<p>\u5f97\u76ca\u4e8e Coinbase \u5e7f\u6cdb\u7684\u5206\u5e03\u548c\u8f83\u4f4e\u7684\u4ea4\u6613\u6210\u672c\uff0cBase \u4e0a\u7684 cbBTC \u5728\u8fd9\u65b9\u9762\u5904\u4e8e\u9886\u5148\u5730\u4f4d\uff0c\u5e73\u5747\u6bcf\u65e5\u6d3b\u8dc3\u5730\u5740\u6570\u7ea6\u4e3a 7,000 \u4e2a\u3002Solana \u7d27\u968f\u5176\u540e\uff0c\u5176\u6d3b\u8dc3\u5730\u5740\u6570\u81ea 4 \u6708\u4ee5\u6765\u6301\u7eed\u589e\u957f\uff0c\u8fd9\u4e5f\u5f97\u76ca\u4e8e\u5176\u4ef7\u683c\u4f4e\u5ec9\u3001\u9ad8\u541e\u5410\u91cf\u7684\u57fa\u7840\u8bbe\u65bd\u3002\u4ee5\u592a\u574a\u7684\u53c2\u4e0e\u5ea6\u4f3c\u4e4e\u4ec5\u9650\u4e8e\u89c4\u6a21\u8f83\u5927\u4f46\u9891\u7387\u8f83\u4f4e\u7684\u4ea4\u6613\uff0c\u8fd9\u8868\u660e\u5c3d\u7ba1 cbBTC \u548c WBTC \u7684\u5f88\u5927\u4e00\u90e8\u5206\u4f4d\u4e8e\u4ee5\u592a\u574a\u4e0a\uff0c\u4f46\u4e0e Base \u548c Solana \u76f8\u6bd4\uff0c\u5176\u4f7f\u7528\u6d3b\u8dc3\u5ea6\u8f83\u4f4e\u3002<\/p>\n<p>\u4ea4\u6613\u6d3b\u8dc3\u5ea6\uff08\u4ee5\u4ea4\u6613\u6570\u91cf\u548c\u539f\u751f\u4ee3\u5e01\u8f6c\u79fb\u91cf\u6765\u8861\u91cf\uff09\u4e5f\u5448\u73b0\u51fa\u7c7b\u4f3c\u7684\u60c5\u51b5\u3002\u4e0b\u56fe\u5c55\u793a\u4e86 WBTC \u548c cbBTC \u5728\u5404\u6761\u94fe\u4e0a\u7684\u8c03\u6574\u540e\u8f6c\u79fb\u91cf\u3002Base \u4e0a\u7684 cbBTC \u8868\u73b0\u5c24\u4e3a\u7a81\u51fa\uff0c\u6bcf\u5468\u5e73\u5747\u8f6c\u79fb\u91cf\u8fbe\u5230\u7ea6 400 \u4ebf\u7f8e\u5143\u3002\u8fd9\u8fdc\u9ad8\u4e8e\u4ee5\u592a\u574a\u4e0a\u7684 WBTC\uff0c\u540e\u8005\u7684\u8f6c\u79fb\u91cf\u7ea6\u4e3a 10 \u4ebf\u7f8e\u5143\u3002<\/p>\n<p><img decoding=\"async\" class=\"formatImage\" src=\"https:\/\/s2.flink2.com\/news\/other\/20250604\/d681743203677e5fc82c004150fba808.jpg\" \/><\/p>\n<p><em>\u6ce8\uff1acbBTC \u8c03\u6574\u540e\u7684\u8f6c\u8d26\u91cf\u5728 4 \u6708 22 \u65e5\u548c 4 \u6708 26 \u65e5\u5206\u522b\u98d9\u5347\u81f3 5060 \u4ebf\u7f8e\u5143\u548c 7870 \u4ebf\u7f8e\u5143\u3002\u8fd9\u4e9b\u5f02\u5e38\u503c\u88ab\u6392\u9664\u5728\u5916\uff0c\u662f\u56e0\u4e3a\u300c Impermax Exploiter \u300d\u5730\u5740\u4e0e Base \u4e0a\u7684 Morpho \u8fdb\u884c\u91cd\u590d\u4ea4\u6613\uff0c\u4ece\u800c\u4ea7\u751f\u4e86\u975e\u6709\u673a\u6d3b\u52a8\u3002<\/em><\/p>\n<p>\u6d41\u901a\u901f\u5ea6\u8fdb\u4e00\u6b65\u9a8c\u8bc1\u4e86\u8fd9\u4e00\u8d8b\u52bf\uff0c\u8be5\u901f\u5ea6\u8861\u91cf\u4ee3\u5e01\u5316\u6bd4\u7279\u5e01\u76f8\u5bf9\u4e8e\u5176\u4f9b\u5e94\u91cf\u7684\u6613\u624b\u9891\u7387\u3002Base \u4e0a\u7684 cbBTC \u4ea4\u6613\u91cf\u6700\u9ad8\uff0c\u5176\u6b21\u662f Solana \u548c\u4ee5\u592a\u574a\u4e0a\u7684 cbBTC\u3002\u6240\u6709\u5305\u88c5\u6bd4\u7279\u5e01\u53d8\u4f53\u90fd\u663e\u793a\u51fa\u6bd4\u539f\u751f\u6bd4\u7279\u5e01\u66f4\u9ad8\u7684\u6d41\u901a\u901f\u5ea6\uff0c\u8fd9\u51f8\u663e\u4e86\u5b83\u4eec\u5728\u63a8\u52a8\u6bd4\u7279\u5e01\u5728\u94fe\u4e0a\u5e94\u7528\u4e2d\u7684\u6d3b\u8dc3\u5ea6\u65b9\u9762\u6240\u53d1\u6325\u7684\u4f5c\u7528\u3002<\/p>\n<h2>DeFi \u4e2d\u7684\u5305\u88c5\u6bd4\u7279\u5e01<\/h2>\n<p>\u5305\u88c5\u6bd4\u7279\u5e01\u9700\u6c42\u7684\u4e3b\u8981\u9a71\u52a8\u529b\u5728\u4e8e\uff0c\u5b83\u80fd\u591f\u89e3\u9501\u6bd4\u7279\u5e01\u5e95\u5c42\u65e0\u6cd5\u5b9e\u73b0\u7684\u94fe\u4e0a\u91d1\u878d\u670d\u52a1\u529f\u80fd\u3002\u4f5c\u4e3a DeFi \u7684\u91cd\u8981\u7ec4\u6210\u90e8\u5206\uff0cWBTC \u548c cbBTC \u4f7f\u7528\u6237\u65e0\u9700\u51fa\u552e\u5176\u6301\u6709\u7684\u6bd4\u7279\u5e01\u5373\u53ef\u8fdb\u884c\u4ea4\u6613\u3001\u501f\u8d37\u548c\u63d0\u4f9b\u6d41\u52a8\u6027\u3002<\/p>\n<p>\u5728\u4ee5\u592a\u574a\u4e0a\uff0cWBTC \u4ecd\u7136\u662f DEX \u5e02\u573a\u4e2d\u5360\u4e3b\u5bfc\u5730\u4f4d\u7684\u5305\u88c5\u6bd4\u7279\u5e01\uff0cUniswap v3 \u5360\u636e\u4e86\u5176\u4ea4\u6613\u91cf\u7684\u5927\u90e8\u5206\u3002\u867d\u7136 cbBTC \u4e5f\u5728\u4ee5\u592a\u574a DEX 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\u4ebf\u7f8e\u5143\uff0c\u5176\u6b21\u4e3a Base \u94fe\u7684 Uniswap v3\u3002<\/p>\n<p><img decoding=\"async\" class=\"formatImage\" src=\"https:\/\/s2.flink2.com\/news\/other\/20250604\/cdc7de6349e5bd28e00b4896891effa1.jpg\" \/><\/p>\n<p><em>\u6ce8\uff1a Uniswap v3 Base \u5728 4 \u6708 26 \u65e5\u548c 4 \u6708 30 \u65e5\u7684\u4ea4\u6613\u91cf\u5df2\u8c03\u6574\uff0c\u4ee5\u6392\u9664\u7531\u5355\u4e2a\u5730\u5740\u53d1\u8d77\u7684\u4e00\u7cfb\u5217\u91cd\u590d\u7684 cbBTC \u4ea4\u6613\u3002<\/em><\/p>\n<p>\u9664\u4e86\u4ea4\u6613\u4e4b\u5916\uff0cWrapped BTC \u4e5f\u662f\u4ee5\u592a\u574a\u501f\u8d37\u5e02\u573a\u7684\u91cd\u8981\u7ec4\u6210\u90e8\u5206\u3002WBTC \u548c cbBTC \u90fd\u88ab\u5e7f\u6cdb\u7528\u4f5c\u62b5\u62bc\u8d44\u4ea7\uff0c\u5176\u4e2d Aave v3\u3001Morpho \u548c Spark \u662f cbBTC \u7684\u6700\u5927\u6301\u6709\u8005\u3002\u622a\u81f3 2025 \u5e74 6 \u6708\uff0c\u8fd9\u4e9b\u534f\u8bae\u4e2d\u9501\u5b9a\u7684 WBTC\uff0850 \u4ebf\u7f8e\u5143\uff09\u548c cbBTC\uff0820 \u4ebf\u7f8e\u5143\uff09\u8d85\u8fc7 70 \u4ebf\u7f8e\u5143\uff0c\u8fd9\u53cd\u6620\u51fa\u5bf9\u6bd4\u7279\u5e01\u501f\u8d37\u7684\u6574\u5408\u548c\u9700\u6c42\u65e5\u76ca\u589e\u957f\u3002<\/p>\n<p><img decoding=\"async\" class=\"formatImage\" src=\"https:\/\/s2.flink2.com\/news\/other\/20250604\/e752d1ac691ab6ea34d1f592b75971cb.jpg\" \/><\/p>\n<p>\u7136\u800c\uff0c\u5f15\u5165\u4e0d\u540c\u7248\u672c\u7684\u5305\u88c5\u6bd4\u7279\u5e01\u4f5c\u4e3a\u62b5\u62bc\u54c1\u4e5f\u5b58\u5728\u8bf8\u591a\u5f0a\u7aef\u3002\u50cf cbBTC \u548c WBTC \u8fd9\u6837\u7684\u6258\u7ba1\u6a21\u5f0f\u53ef\u80fd\u5b58\u5728\u4e2d\u5fc3\u5316\u98ce\u9669\u3002\u7528\u6237\u5fc5\u987b\u6743\u8861\u8fd9\u4e9b\u98ce\u9669\u4e0e\u5305\u88c5\u6bd4\u7279\u5e01\u6240\u5e26\u6765\u7684\u6d41\u52a8\u6027\u548c\u5b9e\u7528\u6027\u3002<\/p>\n<h2>\u7ed3\u8bba<\/h2>\n<p>\u867d\u7136\u6bd4\u7279\u5e01\u4f5c\u4e3a\u4ef7\u503c\u5b58\u50a8\u624b\u6bb5\u7684\u4f5c\u7528\u4f9d\u7136\u6839\u6df1\u8482\u56fa\uff0c\u4f46\u50cf WBTC \u548c cbBTC \u8fd9\u6837\u7684\u4ee3\u5e01\u4e5f\u5728\u4e0d\u65ad\u62d3\u5c55\u6bd4\u7279\u5e01\u7684\u5b9e\u7528\u6027\u3002\u501f\u52a9\u8fd9\u4e9b\u4ea7\u54c1\uff0c\u6bd4\u7279\u5e01\u73b0\u5728\u53ef\u4ee5\u65e0\u7f1d\u5730\u8de8\u94fe\u8f6c\u79fb\uff0c\u53c2\u4e0e\u94fe\u4e0a\u91d1\u878d\uff0c\u5e76\u96c6\u6210\u5230\u65b0\u7684\u6267\u884c\u73af\u5883\u3002\u867d\u7136\u8fd9\u4e9b\u6a21\u578b\u5f15\u5165\u4e86\u4e0d\u540c\u7684\u4fe1\u4efb\u5047\u8bbe\uff0c\u4f46\u5b83\u4eec\u7684\u91c7\u7528\u8868\u660e\u4e86\u5e02\u573a\u5bf9\u63d0\u5347\u6bd4\u7279\u5e01\u591a\u529f\u80fd\u6027\u7684\u9700\u6c42\u3002\u968f\u7740 Rollup 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[&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3179,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-3178","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\/3178","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=3178"}],"version-history":[{"count":1,"href":"http:\/\/www.jineng168.com\/index.php?rest_route=\/wp\/v2\/posts\/3178\/revisions"}],"predecessor-version":[{"id":5527,"href":"http:\/\/www.jineng168.com\/index.php?rest_route=\/wp\/v2\/posts\/3178\/revisions\/5527"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.jineng168.com\/index.php?rest_route=\/wp\/v2\/media\/3179"}],"wp:attachment":[{"href":"http:\/\/www.jineng168.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3178"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.jineng168.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3178"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.jineng168.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3178"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}