8月DeFi链上数据洞察：未面临重大偿付能力问题，总体趋势仍然是向上

币界网Pubblicato 2024-08-19Pubblicato ultima volta 2024-08-19

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作者：insights4vc

翻译：白话区块链

在今天的新闻简报中，我们将介绍截至 2024 年 8 月中旬的去中心化金融（DeFi）格局，主要关注各个 DeFi 分支的链上数据。正如下面的 Kaito 心智图所示，Web3 领域目前主要由模因币和 AI 相关项目主导，而 DeFi 还处于落后状态。

8月DeFi链上数据洞察：未面临重大偿付能力问题，总体趋势仍然是向上

心智占有率 (来源：www.kaito.ai）

1、总锁仓价值 (TVL)

总锁仓价值 (TVL) 是一种用于评估DeFi项目采用规模的指标，通过计算锁定在相应智能合约中的所有资产的总价值（美元）来衡量。截至 8 月中旬，锁仓价值最高的类别是流动质押，达到 437 亿美元，其次是借代，为 315 亿美元，去中心化交易平台 (DEX) 则为 173 亿美元。

8月DeFi链上数据洞察：未面临重大偿付能力问题，总体趋势仍然是向上

按类别划分的锁仓价值

以太坊仍然是锁仓价值最高的区块链，超过 500 亿美元，而 Solana 则接近 50 亿美元。尽管与 2023 年相比整体趋势仍在上升，但自 6 月初以来，锁仓价值从超过 750 亿美元下降到约 600 亿美元，减少了约 20%。值得注意的是，当前的锁仓价值比 2021 年 11 月的水平低了一半以上。

8月DeFi链上数据洞察：未面临重大偿付能力问题，总体趋势仍然是向上

按区块链划分的锁仓价值

2、稳定币

在 5 月中旬，我们在之前的新闻简报中（可在此处查看）详细讨论了稳定币的机制。自那以来，我们没有观察到任何显著的市场波动。USDT 依然是市场的领导者，保持稳定增长，目前市值约为 1160 亿美元。

8月DeFi链上数据洞察：未面临重大偿付能力问题，总体趋势仍然是向上

市值 (来源：defillama.com）

8月DeFi链上数据洞察：未面临重大偿付能力问题，总体趋势仍然是向上

USDC 按类别分布（EOA — 外部账户）

8月DeFi链上数据洞察：未面临重大偿付能力问题，总体趋势仍然是向上

USDT 按类别分布

自2024年5月31日起，PayPalUSD（PYUSD）已在Solana网络上线，此消息在Consensus 2024大会上宣布。这一集成利用了Solana的快速交易确认和低成本，为用户和开发者提供了几秒钟内完成支付的能力。Solana基金会支付部门总经理Sheraz Shere强调，Solana的速度和可扩展性使其成为像PayPal这样的全球金融机构开发可接入、具备成本效益且即时的支付解决方案的理想平台。PYUSD可以通过PayPal、Venmo、Paxos、Crypto.com和Phantom进行访问，并且在以太坊（Ethereum）和Solana之间的PYUSD转账是免手续费的。Solana上的PYUSD由Paxos信托公司发行。

截至8月15日，PayPal USD的总市值为7.6747亿美元，其中Solana（SOL）上的流通供应量为4.1867亿，Ethereum（ETH）上的流通供应量为3.4894亿。

8月DeFi链上数据洞察：未面临重大偿付能力问题，总体趋势仍然是向上

Solana上的PYUSD vs Ethereum上的PYUSD

3、去中心化交易平台（DEXs）

截至2024年8月14日，Uniswap占据了近40%的DEX交易量份额，但目前的交易量水平低于2021年的水平。

对于Solana上的DEXs，Raydium和Orca主导市场，其交易量分别为58亿美元和45亿美元。我们观察到，自2024年初以来，大多数新Token在Solana上创建，每周约为10万个，最近几周的总数在13万到14万之间。

此外，DEX与CEX相比，交易量比例呈稳定上升趋势，期货市场的比例为6.72%，现货市场的比例为12.44%。Telegram Bot在过去几周的交易量出现停滞，大约是6月和2024年第一季度记录值的一半。

8月DeFi链上数据洞察：未面临重大偿付能力问题，总体趋势仍然是向上

DEX交易量

8月DeFi链上数据洞察：未面临重大偿付能力问题，总体趋势仍然是向上

按交易量划分的EVM DEXs

8月DeFi链上数据洞察：未面临重大偿付能力问题，总体趋势仍然是向上

DEX与CEX现货交易量比例（%）—（2024年8月14日：12.44%）

8月DeFi链上数据洞察：未面临重大偿付能力问题，总体趋势仍然是向上

DEX与CEX期货交易量比例（%）—（2024年8月14日：6.72%）

8月DeFi链上数据洞察：未面临重大偿付能力问题，总体趋势仍然是向上

在DEX上出现的新Token

8月DeFi链上数据洞察：未面临重大偿付能力问题，总体趋势仍然是向上

Solana上的DEX — 交易量

8月DeFi链上数据洞察：未面临重大偿付能力问题，总体趋势仍然是向上

Telegram Bot — 交易量

自3月推出以来，Pump.fun在Memecoin热潮的早期阶段吸引了大量关注。该平台通过0.02 SOL的成本简化了Token发布过程，累计Token数量已超过177万，且平台的日收入在Elon Musk与Donald Trump对话后达到了超过550万美元的历史新高。过去30天内，Pump.fun生成的Token在Raydium上的交易量最高，接近67亿美元。

8月DeFi链上数据洞察：未面临重大偿付能力问题，总体趋势仍然是向上

Pump.fun — 启动的Token

8月DeFi链上数据洞察：未面临重大偿付能力问题，总体趋势仍然是向上

Pump.fun 日收入 — （2024年8月13日：533万美元）

8月DeFi链上数据洞察：未面临重大偿付能力问题，总体趋势仍然是向上

Pump.fun — 收入

4、流动性质押

以太坊于2020年12月通过ETH Staking Deposit Contract引入了质押机制。然而，在2023年4月上海升级之前，用户无法访问他们的质押资金，这导致了流动性问题。为了解决这一问题，流动性质押衍生品（LSDs）应运而生，允许用户存入ETH并获得一种合成资产，该资产可以自由交易或用作DeFi中的抵押品，同时不牺牲收益。这一创新使得以太坊质押不再需要复杂的基础设施或锁定32 ETH。

8月DeFi链上数据洞察：未面临重大偿付能力问题，总体趋势仍然是向上

流动性质押中的锁定价值

几个月来，Lido一直稳居流动性质押领域的绝对领头羊，总锁定价值（TVL）超过250亿美元。然而，在过去一个月中，独立地址的周活动显著下降，尤其是在Ether.fi相关活动方面。

8月DeFi链上数据洞察：未面临重大偿付能力问题，总体趋势仍然是向上

活跃地址（每周）

5、借贷

自3月以来，Aave在总锁定价值（TVL）方面一直保持明显领先，超过100亿美元，确立了其在借代领域的领导地位。在8月，尽管本月尚过半，我们已经记录到了以太坊借代清算的第二高值。

8月DeFi链上数据洞察：未面临重大偿付能力问题，总体趋势仍然是向上

借贷中的锁定价值

8月DeFi链上数据洞察：未面临重大偿付能力问题，总体趋势仍然是向上

以太坊借贷市场清算

6、跨链桥

自5月中旬以来，我们观察到整个跨链桥领域的交易量显著下降。目前，ArbitrumBridge排名第一，日交易量接近4000万美元。zkSync Bridge在过去几个月中，各项指标也经历了显著的下降。

8月DeFi链上数据洞察：未面临重大偿付能力问题，总体趋势仍然是向上

跨链桥（转账交易量）

8月DeFi链上数据洞察：未面临重大偿付能力问题，总体趋势仍然是向上

zkSync 跨链桥

8月DeFi链上数据洞察：未面临重大偿付能力问题，总体趋势仍然是向上

StarkNet 跨链桥

8月DeFi链上数据洞察：未面临重大偿付能力问题，总体趋势仍然是向上

Base 跨链桥

7、再质押（Restaking）

自去年年底以来，Eigenlayer在DeFi再质押领域一直处于领先地位，总锁定价值（TVL）接近150亿美元。在经历了多个月的正向净流入后，最近几周出现了Eigenlayer的资金流出。

8月DeFi链上数据洞察：未面临重大偿付能力问题，总体趋势仍然是向上

再质押的认知度（来源：www.kaito.ai）

8月DeFi链上数据洞察：未面临重大偿付能力问题，总体趋势仍然是向上

总锁定价值（TVL）— Eigenlayer、Symbiotic 和 Karak

8月DeFi链上数据洞察：未面临重大偿付能力问题，总体趋势仍然是向上

总锁定价值（TVL）— 净流入

8月DeFi链上数据洞察：未面临重大偿付能力问题，总体趋势仍然是向上

每日活跃再质押与常规质押验证者的份额

8、结论

如上述通讯中的链上数据所示，我们可以观察到，尽管近期市场波动明显，DeFi领域的协议并未面临重大偿付能力问题。虽然存在明显的停滞甚至下行趋势，但与去年相比，总体趋势仍然是向上的。

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Ethereum down 45% YTD – So why do SharpLink and whales keep buying?

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Just now, DeepSeek V4 updates with DSpark, improving inference speed by 80%

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Just now, DeepSeek V4 updates with DSpark, improving inference speed by 80%

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Can Aavenomics 3.0 sustain AAVE’s recovery rally amid Kraken buyout talks?

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BIT Research: The 2028 Halving Is Not the End, the Real Shake-Up of the Bitcoin Mining Industry Is Just Beginning

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BIT Research: The 2028 Halving Is Not the End, the Real Shake-Up of the Bitcoin Mining Industry Is Just Beginning

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