# Сопутствующие статьи по теме DeFi

Новостной центр HTX предлагает последние статьи и углубленный анализ по "DeFi", охватывающие рыночные тренды, новости проектов, развитие технологий и политику регулирования в криптоиндустрии.

Rhythm X Zhihu Co-host Web4.0 Theme Event: When AI Agent Takes Over On-Chain Permissions

Most discussions about Web 4.0 miss the point. The real question is not whether it is a marketing trend, but rather: who is gaining control over the underlying permissions of the internet? Historically, each iteration of the web has involved a transfer of authority downward: Web 1.0 was read-only; Web 2.0 allowed users to write but platforms owned the data; Web 3.0 enabled true ownership through on-chain assets and private keys. Web 4.0 continues this trend, but the transfer is not to users—it is to AI Agents. The current infrastructure is human-centric, designed around human limitations like attention span and memory. But AI Agents don’t need intuitive UIs, password resets, or sleep. This creates a core tension: an internet built for humans is now being used by entities without human constraints. Two key shifts are underway: the decline of traditional front-end interfaces (replaced by API-driven machine communication) and the replacement of human-centric identity systems (like passwords) with granular, on-chain permissions. A critical enabler is crypto infrastructure. AI can make rapid decisions but lacks independent payment channels and asset sovereignty. Crypto fills this gap. Platforms like Hyperliquid offer 24/7 markets, ideal for non-stop Agent operation. When Agents control wallets and private keys, they can both decide and execute—forming complete economic entities. The real narrative of Crypto × AI isn’t just buzzword synergy—it’s the convergence of complementary infrastructures. The deeper shift is not which products will succeed, but how the rules of economic systems will change when AI becomes a primary on-chain participant, operating at scale and speed beyond human capability.

marsbit04/01 09:10

Rhythm X Zhihu Co-host Web4.0 Theme Event: When AI Agent Takes Over On-Chain Permissions

marsbit04/01 09:10

Cardano Founder Blasts Ripple For Playing Dirty With New CLARITY Act, Here’s What He Said

Cardano founder Charles Hoskinson has launched a direct attack against Ripple and its CEO Brad Garlinghouse, accusing them of engineering the CLARITY Act to shield Ripple’s interests while harming the broader crypto ecosystem. Hoskinson claims the bill, in its current form, would classify most digital assets as securities by default, forcing projects into a difficult regulatory process. He warns this could expose open-source developers to legal risks and remove protections for DeFi builders. He also criticized the XRP community, alleging years of propaganda have eroded critical thinking. Hoskinson has consistently opposed the bill, suggesting it unfairly benefits XRP. The probability of the CLARITY Act being signed into law has fallen to 51%, down from 78% in early March.

bitcoinist04/01 07:33

Cardano Founder Blasts Ripple For Playing Dirty With New CLARITY Act, Here’s What He Said

bitcoinist04/01 07:33

Crypto Trading Goes Full Spectacle — Why Polymarket’s Arena Could Be The Next Degens’ Battleground

Polymarket and legend.trade are launching the Legend Trade Series, an e-sports style crypto trading competition set for April 16, 2026, in New York City. This event turns prediction market trading into a live spectator event, where traders will compete on real-world event outcomes that settle on-chain. The format blends prediction markets, social trading, and e-sports, featuring brackets, live leaderboards, and a broadcast for viewers. While similar gamified trading competitions exist in traditional finance and crypto, this event emphasizes a full esports production with live spectators. The move aims to boost engagement but also raises regulatory concerns about overtrading and risk-taking.

bitcoinist04/01 06:35

Crypto Trading Goes Full Spectacle — Why Polymarket’s Arena Could Be The Next Degens’ Battleground

bitcoinist04/01 06:35

Encrypt Is Coming to Solana to Power Encrypted Capital Markets

Encrypt is introducing Fully Homomorphic Encryption (FHE) to the Solana blockchain to enable encrypted capital markets. This cryptographic breakthrough allows developers and institutions to build high-performance financial applications where sensitive information—such as balances, orders, and positions—remains encrypted during on-chain execution. By integrating FHE natively into Solana, Encrypt enables confidential trading, private lending, sealed-bid auctions, and other privacy-preserving applications without sacrificing composability or performance. The platform aims to remove barriers to institutional adoption by allowing participation in public markets without exposing sensitive data. Encrypt will launch on Solana devnet in early Q2 2026, with a mainnet release planned later in the year.

TheNewsCrypto03/31 13:42

Encrypt Is Coming to Solana to Power Encrypted Capital Markets

TheNewsCrypto03/31 13:42

Airdrops Won't Make You Rich, edgeX Doesn't Need a Community

The decentralized perpetual contract protocol edgeX, incubated by Amber Group and backed by Circle Ventures, faced massive community backlash following its token airdrop distribution. Despite earlier promises not to screen out Sybil accounts and to distribute tokens based on points earned through trading, users discovered significant inconsistencies in token allocation. Many users reported receiving vastly different token amounts for the same number of points—some obtained 11 tokens per point, while others received as few as 0.5. Further allegations emerged, including insider trading, with reports that low-point affiliated addresses received a quarter of the total airdrop. The project worsened the situation by disabling comments on its social media channels to suppress criticism. Influential figures like Bingwa accused edgeX of being a "setup" rather than a legitimate project, designed to manipulate and exploit users. The incident has eroded trust in airdrop mechanisms, highlighting the risks of "rule changes after the fact" and the lack of transparency. As a result, user activity on edgeX plummeted, with daily new deposits dropping from over 2,000 to under 50 shortly after the airdrop snapshot. The event raises broader concerns about the sustainability of airdrop-driven engagement in DeFi, suggesting that the era of "airdrop致富" (getting rich from airdrops) may be over.

marsbit03/31 10:43

Airdrops Won't Make You Rich, edgeX Doesn't Need a Community

marsbit03/31 10:43

Deciphering Aave V4: A Transformation from Product to "Bank"

On March 30, Aave V4 officially launched on the mainnet, introducing a major architectural redesign centered around a unified liquidity model called "Hub and Spoke." The core change replaces isolated lending markets with a centralized liquidity pool (Hub) per chain or L2, which manages global liquidity, credit limits, and system constraints. Different Hubs (Core, Prime, Plus) cater to varying risk profiles and user needs. Spokes function as independent markets with custom parameters, allowing borrowers to access assets from the shared pool under specific rules. V4 improves capital efficiency by introducing risk-based interest rates—where borrowers using volatile collateral pay higher rates—and a refined liquidation mechanism that only restores positions to a target health factor. Additionally, idle liquidity in Hubs can be automatically deployed to governance-approved yield strategies, boosting returns for suppliers and DAO revenue. While the update doesn’t radically change the lending experience for users with high-quality collateral, it transforms Aave from a product into a bank-like financial infrastructure. This sets the stage for future expansions into services like structured products, credit facilities, and investment banking operations.

marsbit03/31 09:06

Deciphering Aave V4: A Transformation from Product to "Bank"

marsbit03/31 09:06

Charles Hoskinson Blasts Ripple For Backing Bill That Could Crush Competition

Cardano founder Charles Hoskinson has sharply criticized Ripple and its CEO Brad Garlinghouse for supporting proposed U.S. legislation that would classify most new tokens as securities by default. Hoskinson argues this approach would harm competition, protect established players like Ripple through exemptions, and remove legal protections for DeFi and open-source developers. He warns the bill replicates the SEC’s aggressive regulatory stance and could expose software creators to unreasonable liability. Hoskinson also addressed the XRP community, clarifying that his criticism targets Ripple’s lobbying—not the token itself—and contrasted Ripple’s “mammoth premine” with Cardano’s more distributed token distribution.

bitcoinist03/31 06:02

Charles Hoskinson Blasts Ripple For Backing Bill That Could Crush Competition

bitcoinist03/31 06:02

Lorenzo Founder: Is the Crypto-Native Economy Dead? The Triple Dilemma of Crypto Civilization

Lorenzo founder Matt Ye argues that the crypto industry's core issues—such as declining asset quality, innovation stagnation, rampant scams, and institutional hesitation—are not cyclical but stem from a deeper civilizational crisis. He identifies three evolutionary stages of crypto’s "civilization": 1. **DeFi’s Anarchic Black Market**: A lawless environment where rug pulls and exit scams are rational, optimal strategies due to the absence of rules and accountability. 2. **CEX Feudalism**: Centralized exchanges impose order and reduce trust costs but create a “planned economy” that stifles innovation and prioritizes narratives aligned with exchange interests. 3. **Wall Street Colonization**: Traditional finance enters not to build but to exploit—imposing its own rules, extracting value, and offering no genuine support for crypto-native innovation. Ye concludes that the industry’s failures—poor native assets, lack of breakthrough innovation, distrust from serious institutions, and high骗子 density—are symptoms of a missing institutional foundation. Without accountable systems, either predation or idealism fills the void. The critical question remains: what is the next civilizational form for crypto?

marsbit03/31 04:22

Lorenzo Founder: Is the Crypto-Native Economy Dead? The Triple Dilemma of Crypto Civilization

marsbit03/31 04:22

Odaily Interviews Aster: DEX Will Ultimately Devour the Entire Trading World, Optional Privacy is the Key Ladder

Odaily Interview with Aster: DEX Will Ultimately Devour the Trading World, Optional Privacy is the Key Ladder Aster has initiated key steps to build institutional-grade private DeFi infrastructure, marked by the launch of its Layer 1 mainnet, Aster Chain, on March 17. The mainnet offers traders fair ordering and optional privacy. This was followed by the launch of its native staking function on March 20. The project has rapidly evolved from an innovative Perp DEX into a complete infrastructure layer, achieving record-breaking trading volumes in late 2025 and a successful TGE. In an interview, CEO Leonard explained their core logic: launching a mainnet *after* securing users and revenue, not with a "cold start." This ensures every step is validated by real market demand. Aster's key differentiator is its unique "optional privacy" value proposition, implemented through a ZK + Stealth Address architecture. This allows for automatic privacy for each transaction while maintaining verifiability. The team believes this feature is a prerequisite for mass adoption and will be a primary driver for institutional use of DEXs, forming the core of their moat. Looking ahead, Aster predicts the DEX landscape will evolve into an oligopoly dominated by a few major players. The project is actively pursuing partnerships with both Web2 and Web3 entities, with significant interest from financial firms looking to build markets or list assets on its chain. For the immediate future, Aster's Q2 focus is on attracting privacy-seeking users and institutions, expanding assets and liquidity, growing its ecosystem via its developer program (Aster Code), and enhancing token utility.

Odaily星球日报03/31 02:33

Odaily Interviews Aster: DEX Will Ultimately Devour the Entire Trading World, Optional Privacy is the Key Ladder

Odaily星球日报03/31 02:33

Hyperliquid Goes To University — This Study Is Now Required Reading For Traders

Hyperliquid's founder Jeff Yan visited Harvard Business School on March 26, where a case study titled "Hyperliquid: The Everything Exchange" was taught to MBA students and regulators. The study examines Hyperliquid’s architecture, governance, and risk controls, focusing on the tension between innovation and systemic risk. Key questions include who controls upgrades and emergency powers, the transparency of order-book operations, and how the platform would handle catastrophic failures. The case also compares Hyperliquid to centralized exchanges like FTX and other DeFi protocols, questioning whether its "core writer" model concentrates too much power. For traders, the study underscores that liquidation and backstop mechanisms are critical in determining loss distribution during high volatility, signaling that DeFi derivatives are now being treated as systemically important.

bitcoinist03/30 14:32

Hyperliquid Goes To University — This Study Is Now Required Reading For Traders