{"id":4339,"date":"2026-10-02T17:57:36","date_gmt":"2026-10-02T09:57:36","guid":{"rendered":"https:\/\/www.sjzylove.com\/?p=4339"},"modified":"2026-10-02T17:57:36","modified_gmt":"2026-10-02T09:57:36","slug":"%e9%94%9a%e5%ae%9a%e8%b5%84%e4%ba%a7%e4%ba%a4%e6%98%93%e4%b9%8b%e6%88%98","status":"publish","type":"post","link":"https:\/\/www.zsmjt.com\/?p=4339","title":{"rendered":"\u951a\u5b9a\u8d44\u4ea7\u4ea4\u6613\u4e4b\u6218"},"content":{"rendered":"
\n

\u951a\u5b9a\u8d44\u4ea7\u4ea4\u6613\u7684\u65e9\u671f\u9636\u6bb5\uff082018-2019\uff09<\/h3>\n

\u66fe\u51e0\u4f55\u65f6\uff0c\u5728\u4e94\u5e74\u591a\u4ee5\u524d\uff0c \u6211\u4eec\u5728\u4e3b\u7f51\u4e0a\u80fd\u7528\u6765\u4ea4\u6613\u7684\u53ea\u6709 Uniswap\u3001Bancor\uff0c\u4ee5\u53ca\u4e00\u4e9b\u50cf EtherDelta \u8fd9\u6837\u7b28\u91cd\u7684\u57fa\u4e8e\u8ba2\u5355\u7c3f\u7684\u53bb\u4e2d\u5fc3\u5316\u4ea4\u6613\u6240\uff08DEX\uff09\u3002 \u56e0\u6b64\uff0c\u5f53\u65f6\u7528\u4e8e\u951a\u5b9a\u8d44\u4ea7\u4ea4\u6613\u7684\u9009\u62e9\u6781\u5176\u6709\u9650\uff0c\u6211\u4eec\u53ea\u80fd\u4f7f\u7528 Uniswap V2 \u7684 USDC\/USDT \u6c60\uff0c\u8fd9\u7b80\u76f4\u5c31\u662f\u75af\u72c2\u4e4b\u4e3e\u3002<\/p>\n

\u8ba9\u6211\u4eec\u805a\u7126\u4e8e\u8fd9\u6bb5\u5386\u53f2\u8f76\u4e8b\uff0c\u4ee5\u4e86\u89e3\u5f53\u65f6\u6240\u9020\u6210\u7684\u6d6a\u8d39\u7a0b\u5ea6 \u3002\u5bf9\u4e8e\u6d41\u52a8\u6027\u6c60\u6765\u8bf4\uff0c\u5173\u952e\u53c2\u6570\u662f\u4e24\u79cd\u8d44\u4ea7\u4ef7\u683c\u7684\u76f8\u5bf9\u53d8\u5316\uff1a\u5982\u679c\u4f60\u53c2\u4e0e\u8fc7\u4efb\u4f55\u6ce2\u52a8\u6027\u8f83\u5927\u7684\u6d41\u52a8\u6027\u63d0\u4f9b\uff08LP\uff09\uff0c\u4f60\u5bf9\u6b64\u4e00\u5b9a\u975e\u5e38\u719f\u6089\u3002\u6bd4\u5982\u4f60\u4e3a LINK\/ETH \u63d0\u4f9b\u6d41\u52a8\u6027\uff0c\u6700\u5927\u7684\u4e0d\u7a33\u5b9a\u635f\u5931\u75db\u70b9\u5728\u4e8e\uff0c\u6bd4\u5982 ETH \u66b4\u6da8\u800c LINK \u66b4\u8dcc\uff1a\u4f60\u7684 LP \u6301\u4ed3\u4e2d\u7684 ETH\uff08\u4ef7\u683c\u4e0a\u6da8\uff09\u4f1a\u51cf\u5c11\uff0c\u800c LINK\uff08\u4ef7\u683c\u4e0b\u8dcc\uff09\u4f1a\u589e\u52a0\u3002<\/p>\n

\u4e0d\u8fc7\uff0cUSDC\/USDT \u662f\u53e6\u4e00\u56de\u4e8b\uff0c\u8fd9\u4e24\u79cd\u8d44\u4ea7\u9ad8\u5ea6\u76f8\u5173\uff0c\u5728\u67d0\u4e00\u7279\u5b9a\u4e8b\u4ef6\uff08USDC SVB \u8131\u951a\uff09\u671f\u95f4\uff0c\u5b83\u4eec\u4e4b\u95f4\u51fa\u73b0\u8fc7\u6700\u5927\u7ea6 10% \u7684\u4ef7\u683c\u5dee\u5f02\uff1b\u5728\u6b63\u5e38\u60c5\u51b5\u4e0b\uff0c\u4e24\u8005\u7684\u4ef7\u683c\u5dee\u5f02\u4ec5\u5728\u57fa\u70b9\u8303\u56f4\u5185\u3002\u7136\u800c\uff0cUNIv2 \u4f1a\u5c06\u6d41\u52a8\u6027\u5206\u5e03\u5728\u6574\u4e2a\u4ef7\u683c\u533a\u95f4\uff0c\u8fd9\u610f\u5473\u7740\u5b83\u4f1a\u5728 1 USDC = 0.0000000001 USDT \u5230 1 USDC = 10000000000000 USDT \u4e4b\u95f4\u7684\u4efb\u610f\u4f4d\u7f6e\u5206\u914d\u76f8\u7b49\u6570\u91cf\u7684\u6d41\u52a8\u6027\u3002\u7b80\u5355\u6765\u8bf4\uff1aUNIv2_USDC\/USDT \u4e2d 99.9% \u7684\u6d41\u52a8\u6027\u6c38\u8fdc\u4e0d\u4f1a\u88ab\u5229\u7528\u3002\u6211\u8ba4\u4e3a\u5728\u56fe\u8868\u4e0a\u4f1a\u66f4\u6e05\u695a\uff1a<\/p>\n

\"<\/p>\n

\u25ce x*y=k \u4e0e StableSwap<\/p>\n

\u552f\u4e00\u6709\u4ef7\u503c\u7684\u6d41\u52a8\u6027\uff08\u5047\u8bbe 1 USDC \u2243 1 USDT\uff09\u4f4d\u4e8e\u4e24\u6761\u7eff\u8272\u7ebf\u7684\u4ea4\u70b9\u5904\uff0c\u4ec5\u5360\u6574\u4e2a\u6d41\u52a8\u6027\u5206\u5e03\u66f2\u7ebf\u7684\u6781\u5c0f\u4e00\u90e8\u5206\u3002<\/p>\n

\u53e6\u4e00\u65b9\u9762\uff0c\u8bf7\u6ce8\u610f\u540c\u4e00\u56fe\u8868\u4e2d\u4ee5\u84dd\u8272\u663e\u793a\u7684\u7a33\u5b9a\u5e01\u4ea4\u6613\uff08stableswap\uff09\u6d41\u52a8\u6027\u5206\u5e03\u3002\u5bf9\u4e8e\u4ef7\u683c\u76f8\u8fd1\u7684\u8d44\u4ea7\uff0c\u8be5\u66f2\u7ebf\u6240\u8986\u76d6\u7684\u533a\u57df\u8fdc\u5927\u4e8e Uniswap \u4e0d\u53d8\u91cf\u4e0b\u7684\u60c5\u51b5\u3002<\/p>\n

\u951a\u5b9a\u8d44\u4ea7\u4ea4\u6613\u7684 StableSwap \u9769\u547d\uff082020 \u5e74\uff09<\/h3>\n

\u4e00\u65e6 StableSwap \u4e0a\u7ebf\uff0c\u7a33\u5b9a\u5e01\u6d41\u52a8\u6027\u5f88\u5feb\u5c31\u8fc1\u79fb\u5230\u4e86\u90a3\u91cc\uff0c\u56e0\u4e3a\u5b83\u7684\u6548\u7387\u663e\u8457\u63d0\u5347\uff08\u6211\u4eec\u8bf4\u7684\u662f\u6bd4 UNIv2 \u9ad8\u51fa 100 \u500d\u4ee5\u4e0a\u7684\u6548\u7387\u63d0\u5347\uff09\u3002\u5b83\u662f\u4e3b\u7f51\u4e2d\u9996\u6b21\u51fa\u73b0\u7684\u96c6\u4e2d\u6d41\u52a8\u6027\u5b9e\u4f8b\uff0c\u65e9\u4e8e UNIv3\u3002\u4e24\u8005\u5f88\u96be\u76f4\u63a5\u6bd4\u8f83\uff0c\u56e0\u4e3a UNIv3 \u66f4\u52a0\u7075\u6d3b\uff0c\u800c Curve-StableSwap \u5219\u66f4\u4e3a\u4e13\u6ce8\uff1b\u4e0d\u8fc7\uff0c\u529f\u52b3\u8fd8\u662f\u8981\u7ed9\u4e88\u5e94\u5f97\u7684\u4eba\u3002\u9664\u4e86\u6548\u7387\u63d0\u5347\u4e4b\u5916\uff0cCurve \u8fd8\u63d0\u4f9b\u4e86\u6fc0\u52b1\u6a21\u578b\u2014\u2014veCRV+CRV \u6fc0\u52b1\uff0c\u8fd9\u4e00\u70b9\u5728\u672c\u535a\u5ba2\u4e2d\u5df2\u7ecf\u591a\u6b21\u4ecb\u7ecd\u8fc7 \u3002<\/p>\n

\u6fc0\u52b1\u673a\u5236\u5bf9\u4e8e\u951a\u5b9a\u8d44\u4ea7\u4ea4\u6613\u5bf9\u81f3\u5173\u91cd\u8981\uff0c\u56e0\u4e3a\u5b83\u4eec\u5177\u6709\u4e00\u4e9b\u7279\u5b9a\u7684\u7279\u6027\uff1a\u4e0e\u6ce2\u52a8\u6027\u8f83\u5927\u7684\u4ea4\u6613\u5bf9\u76f8\u6bd4\uff0c\u5b83\u4eec\u901a\u5e38\u6574\u4f53\u4e0a\u4ea4\u6613\u91cf\u8f83\u4f4e LP \u80fd\u591f\u6536\u53d6\u7684\u8d39\u7528\u8981\u4f4e\u5f97\u591a\uff08\u76f4\u5230\u6700\u8fd1\uff0c\u6ce2\u52a8\u6027\u8d44\u4ea7\u7684\u5e38\u89c4\u624b\u7eed\u8d39\u4e3a\u6bcf\u7b14\u4ea4\u6613 0.3% \u81f3 1%\uff0c\u800c\u951a\u5b9a\u8d44\u4ea7\u5219\u4e3a 0.05%\uff09\u4ed6\u4eec\u7684\u4ea4\u6613\u91cf\u5448\u73b0\u51fa\u4e0e\u8be5\u5e01\u76f8\u5173\u4e8b\u4ef6\u76f8\u5173\u7684\u6fc0\u589e \uff08\u4f8b\u5982\uff0cUSDC \u8131\u951a\u662f USDC \u5386\u53f2\u4e0a\u4ea4\u6613\u91cf\u6700\u9ad8\u7684\u65e5\u5b50\u4e4b\u4e00\uff09<\/p>\n

\u57fa\u4e8e\u4ee5\u4e0a\u6240\u6709\u539f\u56e0\uff0c\u76f4\u5230\u6700\u8fd1\u6211\u8fd8\u8ba4\u4e3a\u6fc0\u52b1\u673a\u5236\u5bf9\u4e8e\u951a\u5b9a\u8d44\u4ea7\u4ea4\u6613\u5bf9\u6765\u8bf4\u6bd4\u6ce2\u52a8\u6027\u8d44\u4ea7\u66f4\u4e3a\u5173\u952e\u3002\u7136\u800c\uff0c\u968f\u7740 Fluid DEX \u548c EulerSwap \u7684\u51fa\u73b0\uff0c\u6211\u4e0d\u518d\u8fd9\u6837\u8ba4\u4e3a\u3002\u4e0d\u8fc7\uff0c\u5728\u6df1\u5165\u63a2\u8ba8\u5b83\u4eec\u4e4b\u524d\uff0c\u6211\u4eec\u5fc5\u987b\u5148\u56de\u987e\u951a\u5b9a\u8d44\u4ea7\u6d41\u52a8\u6027\u5386\u53f2\u4e0a\u7684\u53e6\u4e00\u4e2a\u91cd\u8981\u91cc\u7a0b\u7891\uff1aUniswap V3 \u7684\u53d1\u5e03\u3002<\/p>\n

Uniswap V3 \u96c6\u4e2d\u6d41\u52a8\u6027\uff082021\uff09\u7684\u5230\u6765<\/h3>\n

Uniswap V3 \u53d1\u5e03\u5e76\u4e3a\u51e0\u4e4e\u6240\u6709\u8d44\u4ea7\u7c7b\u578b\u63d0\u4f9b\u4e86\u53ef\u5b9a\u5236\u7684\u96c6\u4e2d\u6d41\u52a8\u6027\uff0c\u4f7f\u6240\u6709\u6d41\u52a8\u6027\u63d0\u4f9b\u8005\u7684\u6548\u7387\u5927\u5e45\u63d0\u5347\u3002\u7136\u800c\uff0c\u7531\u4e8e\u5b83\u4e0d\u4ec5\u9002\u7528\u4e8e\u951a\u5b9a\u8d44\u4ea7\uff0c\u8fd9\u4e5f\u51e0\u4e4e\u610f\u5473\u7740\u6ce2\u52a8\u6027\u8d44\u4ea7\u7684 LP \u4f1a\u9762\u4e34\u66f4\u9ad8\u7684\u65e0\u5e38\u635f\u5931\u3002\u8003\u8651\u5230\u8fd9\u79cd\u6d41\u52a8\u6027\u7ed3\u6784\u7684\u521b\u65b0\u6027\uff0c\u4ee5\u53ca\u65e9\u671f\u57fa\u7840\u8bbe\u65bd\u7684\u7f3a\u4e4f\uff0cUNIv3 \u7684\u63a8\u51fa\u6700\u521d\u8fdb\u5c55\u7f13\u6162\u3002<\/p>\n

\u7136\u800c\uff0c\u8fd9\u79cd\u53ef\u5b9a\u5236\u7684\u96c6\u4e2d\u5ea6\u5e26\u6765\u4e86\u5207\u5b9e\u7684\u597d\u5904\uff0c\u5c24\u5176\u662f\u5bf9\u4e8e\u6211\u79f0\u4e4b\u4e3a\u201c\u5bbd\u677e\u951a\u5b9a\u8d44\u4ea7\u201d\u7684\u951a\u5b9a\u8d44\u4ea7\u5b50\u7c7b\u522b\uff1a\u6bd4\u5982\u4ee5\u4e0b\u8fd9\u4e9b\u4ea4\u6613\u5bf9\uff1awstETH\/ETH\uff08\u76f8\u5173\uff0c\u4f46 wstETH \u76f8\u5bf9\u4e8e ETH \u662f\u5355\u8fb9\u4e0a\u6da8\u7684\uff09\uff0cLUSD\/USDC\uff08\u76f8\u5173\uff0c\u4f46 LUSD \u53ef\u80fd\u4f1a\u7565\u5fae\u9ad8\u4e8e\u6216\u4f4e\u4e8e\u951a\u5b9a\u4ef7\uff09<\/p>\n

\u5728\u8fd9\u79cd\u60c5\u51b5\u4e0b\uff0cUNIv3 \u7684\u96c6\u4e2d\u6d41\u52a8\u6027\u4f7f LP \u80fd\u591f\u590d\u5236\u51fa\u4e0e Curve \u7684 Stableswap \u540c\u7b49\u9ad8\u6548\u7684\u5206\u5e03\uff0c\u4f46\u53c8\u6839\u636e\u4ee3\u5e01\u7684\u4ef7\u683c\u8d70\u52bf\u8fdb\u884c\u4e86\u8c03\u6574 \uff0c\u8fd9\u518d\u6b21\u5e26\u6765\u4e86\u5de8\u5927\u7684\u6548\u7387\u63d0\u5347\u3002\u7136\u800c\uff0c\u6700\u7ec8\u7684\u7a81\u7834\uff08\u4ee5\u5f53\u524d\u884c\u4e1a\u72b6\u6001\u6765\u770b\uff09\u76f4\u5230 Fluid DEX \u548c EulerSwap \u7684\u51fa\u73b0\u624d\u5728\u51e0\u5e74\u540e\u5b9e\u73b0\u3002<\/p>\n

\u503a\u52a1\u4f5c\u4e3a\u6d41\u52a8\u6027\uff082025\uff09<\/h3>\n

\u4e3a\u4e86\u7b80\u6d01\u8d77\u89c1\uff0c\u6211\u4e0d\u4f1a\u5728\u8fd9\u7bc7\u6587\u7ae0\u4e2d\u6df1\u5165\u63a2\u8ba8 Fluid \u548c EulerSwap \u7684\u6a21\u578b\uff0c\u56e0\u4e3a\u6211\u66f4\u60f3\u5173\u6ce8\u5b83\u4eec\u5bf9\u6d41\u52a8\u6027\u5efa\u8bbe\u7684\u610f\u4e49\u3002\u7b80\u5355\u6765\u8bf4\uff0cFluid \u627e\u5230\u4e86\u4e00\u79cd\u521b\u65b0\u7684\u65b9\u6cd5\uff0c\u901a\u8fc7\u201c\u667a\u80fd\u503a\u52a1\u201d\u5c06\u503a\u52a1\u8f6c\u5316\u4e3a\u6d41\u52a8\u6027\u3002<\/p>\n

\u60f3\u8c61\u4e00\u4e0b\uff0c\u4e00\u4e2a\u666e\u901a\u7528\u6237\u63d0\u4f9b ETH \u4f5c\u4e3a\u62b5\u62bc\u54c1\u5e76\u501f\u51fa USDC\u3002\u4ed6\u771f\u7684\u7279\u522b\u60f3\u8981 USDC \u5417\uff1f\u5f88\u53ef\u80fd\u4ed6\u5e76\u4e0d\u5728\u610f\uff0c\u53ea\u8981\u4ed6\u501f\u7684\u662f\u4e00\u79cd\u5b89\u5168\u4e14\u951a\u5b9a\u7f8e\u5143\u7684\u7a33\u5b9a\u5e01\u3002\u4ed6\u5f88\u53ef\u80fd\u4e5f\u4f1a\u63a5\u53d7 USDT\u3002<\/p>\n

\u8fd9\u6b63\u662f\u667a\u80fd\u503a\u52a1\u6240\u5b9e\u73b0\u7684\u3002\u5728\u667a\u80fd\u503a\u52a1\u91d1\u5e93\u4e2d\uff0c\u501f\u6b3e\u4eba\u501f\u51fa\u7684\u662f USDC \u548c USDT \u7684\u7ec4\u5408\uff0c\u8fd9\u4e00\u7ec4\u5408\u4f1a\u4e0d\u65ad\u53d8\u5316\uff1a\u4ed6\u7684\u503a\u52a1\u73b0\u5728\u4f5c\u4e3a USDC\/USDT \u4ea4\u6613\u5bf9\u7684\u6d41\u52a8\u6027\u3002\u5bf9\u4e8e\u501f\u6b3e\u4eba\u6765\u8bf4\uff0c\u8fd9\u610f\u5473\u7740\u501f\u6b3e\u6210\u672c\u964d\u4f4e\uff0c\u56e0\u4e3a\u4ed6\u73b0\u5728\u53ef\u4ee5\u8d5a\u53d6\u4ea4\u6613\u624b\u7eed\u8d39 \uff0c\u6709\u53ef\u80fd\u62b5\u6d88\u501f\u6b3e\u5229\u606f\u3002<\/p>\n

\u8fd9\u662f\u4ece\u501f\u6b3e\u4eba\u7684\u89d2\u5ea6\u6765\u770b\uff0c\u4f46\u73b0\u5728\u8ba9\u6211\u4eec\u5207\u6362\u5230\u534f\u8bae\u7684\u601d\u7ef4\u65b9\u5f0f\u3002\u8fd9\u5bf9 Circle \u548c Tether \u610f\u5473\u7740\u4ec0\u4e48\uff1f\u672c\u8d28\u4e0a\uff0c \u51e0\u4e4e\u96f6\u6210\u672c\u7684\u6d41\u52a8\u6027\uff0c\u4e14\u65e0\u9700\u4efb\u4f55\u6fc0\u52b1\u63aa\u65bd\u3002 \u5bf9\u4e8e\u591a\u5e74\u6765\u4e00\u76f4\u7531\u6574\u4e2a\u751f\u6001\u7cfb\u7edf\u652f\u6301\u7684 Circle \u6765\u8bf4\uff0c\u8fd9\u5e76\u4e0d\u65b0\u9c9c\u2014\u2014\u4f46\u5bf9\u4e8e\u5176\u4ed6\u7a33\u5b9a\u5e01\uff0c\u6bd4\u5982 GHO\u3001BOLD \u6216 FRAX\uff0c\u8fd9\u610f\u4e49\u91cd\u5927\u3002<\/p>\n

\u6211\u8fd9\u91cc\u4e3b\u8981\u5173\u6ce8 Fluid\uff0c\u4f46\u601d\u8def\u4e0e EulerSwap \u7c7b\u4f3c\uff0c\u5c3d\u7ba1\u5b9e\u73b0\u65b9\u5f0f\u4e0d\u540c\u3002EulerSwap \u76ee\u524d\u4ecd\u5904\u4e8e\u6d4b\u8bd5\u9636\u6bb5\uff0c\u4f46\u5728 USDC\/USDT \u4ea4\u6613\u5bf9\u4e0a\u5df2\u7ecf\u4ea7\u751f\u4e86\u53ef\u89c2\u7684\u4ea4\u6613\u91cf\u3002<\/p>\n

\u5982\u679c\u4f60\u7406\u89e3\u4e86\u8fd9\u4e00\u70b9\uff0c\u4f60\u5c31\u80fd\u660e\u767d\u6211\u7684\u8bba\u70b9\uff0c\u5373\uff1a\u201c\u6211\u8ba4\u4e3a\u5728 DeFi \u9886\u57df\uff0c\u6700\u7ec8\u4e0d\u4f1a\u6709\u4e0d\u662f\u7531 Euler\/Fluid\/ \u7c7b\u4f3c\u9879\u76ee\u4e3b\u5bfc\u7684\u951a\u5b9a\u8d44\u4ea7\u4ea4\u6613\u3002\u201d<\/p>\n

\u8fd8\u6ca1\u660e\u767d\u5417\uff1f\u8bf7\u8bb0\u4f4f\u4ee5\u4e0b\u51e0\u70b9\uff1a<\/p>\n

\u951a\u5b9a\u8d44\u4ea7\u4ea4\u6613\u5bf9\u901a\u5e38\u4ea4\u6613\u91cf\u8f83\u4f4e \u21d2 \u624b\u7eed\u8d39\u8f83\u4f4e\u56e0\u6b64\uff0c\u5728\u4f20\u7edf\u7684\u53bb\u4e2d\u5fc3\u5316\u4ea4\u6613\u6240\u4e0a\uff0c\u5b83\u4eec\u9700\u8981\u5927\u91cf\u6fc0\u52b1\u63aa\u65bd\u6765\u7ef4\u6301 Fluid \u548c Euler \u51e0\u4e4e\u53ef\u4ee5\u96f6\u6210\u672c\u7ef4\u6301\u8fd9\u79cd\u6d41\u52a8\u6027\u3002<\/p>\n

\u21d2 \u5982\u679c\uff08\u5df2\u7ecf\u5f00\u59cb\u4e86\uff09\u951a\u5b9a\u8d44\u4ea7\u4ea4\u6613\u7684\u624b\u7eed\u8d39\u7ade\u4e89\u8fdb\u5165\u4e86\u201c\u4ef7\u683c\u6218\u201d\uff0c\u90a3\u4e48\u666e\u901a\u53bb\u4e2d\u5fc3\u5316\u4ea4\u6613\u6240\uff08DEX\uff09\u83b7\u80dc\u7684\u6982\u7387\u4e3a\u96f6\u3002<\/p>\n

0xOrb\uff0c\u4e00\u4e2a\u6f5c\u5728\u7684\u6311\u6218\u8005\uff08\u7ea6 2026 \u5e74\uff09\uff1f<\/h3>\n

\u73b0\u5728\uff0c\u4e3a\u4e86\u8ba9\u4f60\u5168\u9762\u4e86\u89e3\u6574\u4e2a\u951a\u5b9a\u8d44\u4ea7\u4ea4\u6613\u9886\u57df\uff0c\u6211\u5fc5\u987b\u63d0\u5230\u53e6\u4e00\u4e2a\u5c1a\u672a\u4e0a\u7ebf\u4f46\u9887\u5177\u6f5c\u529b\u7684\u9879\u76ee\uff1a0xOrb\u3002\u5176\u627f\u8bfa\u5f88\u7b80\u5355\uff1a \u7a33\u5b9a\u5e01\u4ea4\u6613\uff0c\u4f46\u652f\u6301 n \u79cd\u8d44\u4ea7\uff0cn \u6700\u9ad8\u53ef\u8fbe 1000\u3002<\/p>\n

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\u50cf Aerodrome \u8fd9\u6837\u4e3b\u8981\u901a\u8fc7\u6ce2\u52a8\u6027\u4ea4\u6613\u5bf9\u4ea7\u751f\u5927\u90e8\u5206\u4ea4\u6613\u91cf\u548c\u624b\u7eed\u8d39\u7684 DEX\uff0c\u53ef\u80fd\u4e0d\u4f1a\u53d7\u5230\u8fd9\u4e9b\u65b0\u5165\u5c40\u8005\u7684\u5f71\u54cd\u3002 \u7136\u800c\uff0c\u73b0\u5b9e\u5bf9\u4e8e\u4e13\u6ce8\u4e8e\u951a\u5b9a\u8d44\u4ea7\u7684 DEX \u6765\u8bf4\u8981\u4e25\u5cfb\u5f97\u591a \uff0c\u5728\u672c\u6587\u7ed3\u5c3e\uff0c\u6211\u60f3\u4ee5\u5176\u4e2d\u4e24\u4e2a\u4e3a\u4f8b\u8fdb\u884c\u63a2\u8ba8\uff1a<\/p>\n

Curve\uff1a\u9664\u975e\u6709\u91cd\u5927\u53d8\u9769\uff0c\u5426\u5219\u6e38\u620f\u7ed3\u675f<\/h3>\n

\u951a\u5b9a\u8d44\u4ea7\u4ea4\u6613\u5bf9\u4e8e Curve \u6765\u8bf4\u4f9d\u7136\u81f3\u5173\u91cd\u8981\uff0cCurve \u4ecd\u88ab\u89c6\u4e3a\u7a33\u5b9a\u5e01\u6d41\u52a8\u6027\u7684\u4e3b\u573a\u3002\u786e\u5b9e\uff0c\u66fe\u7ecf\u5c1d\u8bd5\u901a\u8fc7 CryptoSwap \u6765\u6355\u6349\u6ce2\u52a8\u6027\u4ea4\u6613\u91cf\uff0c\u4f46\u6700\u7ec8\u672a\u80fd\u6210\u529f\u3002<\/p>\n

\u968f\u7740 Fluid \u548c EulerSwap \u7684\u5230\u6765\uff0c\u6211\u8ba4\u4e3a Curve \u662f\u6700\u6709\u53ef\u80fd\u5931\u53bb\u5e02\u573a\u4efd\u989d\u7684 DEX\uff0c\u6211\u4e0d\u8ba4\u4e3a\u5b83\u80fd\u4fdd\u6301\u663e\u8457\u7684\u4ea4\u6613\u91cf\uff08\u5b9e\u9645\u4e0a\u5b83\u65e9\u5df2\u88ab\u8e22\u51fa\u524d\u5341\uff09\uff0c\u9664\u975e\u53d1\u751f\u91cd\u5927\u53d8\u9769\uff1aveCRV \u91cd\u5851 \uff1a\u501f\u9274 veAERO \u7b49\u65b0\u6a21\u578b\u7684\u7ecf\u9a8c\uff0c\u4f18\u5316 CRV \u7684\u6fc0\u52b1\u5206\u914d\u3002\u5229\u7528 crvUSD \u63d0\u9ad8 DEX \u6548\u7387 \uff1a\u4f8b\u5982\uff0c\u901a\u8fc7\u4e3a Curve LP \u63d0\u4f9b crvUSD \u8d37\u6b3e\u3002\u6ce2\u52a8\u6027\u8d44\u4ea7\u7684\u65b0\u578b\u6d41\u52a8\u6027\u7ed3\u6784 \uff1a\u4ee5\u4fbf Curve \u80fd\u591f\u6355\u83b7\u76f8\u5173\u4ea4\u6613\u91cf\u3002<\/p>\n

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\u95ee\u9898\u5728\u4e8e\u4ea4\u6613\u91cf\u7684\u6765\u6e90\uff1a\u7edd\u5927\u591a\u6570\uff08\u8d85\u8fc7 95%\uff09\u90fd\u96c6\u4e2d\u5728 USDC\/USDT \u4ea4\u6613\u5bf9\u4e0a\uff0c\u624b\u7eed\u8d39\u4ec5\u4e3a 0.00005%\uff0c\u4e14\u6709\u5927\u91cf\u6fc0\u52b1\u3002Ekubo \u5b9e\u9645\u4e0a\u662f\u5728\u8fdb\u884c\u4e00\u573a\u6ce8\u5b9a\u65e0\u6cd5\u53d6\u80dc\u7684\u4ef7\u683c\u6218\uff0c\u56e0\u4e3a Ekubo \u65e0\u6cd5\u957f\u671f\u7ef4\u6301\u6781\u4f4e\u7684\u624b\u7eed\u8d39\uff08\u6d41\u52a8\u6027\u63d0\u4f9b\u8005\u9700\u8981\u6536\u76ca\uff09\uff0c\u800c Fluid\/Euler \u5219\u53ef\u4ee5\u505a\u5230\uff08\u5982\u679c\u501f\u6b3e\u4eba\u901a\u8fc7\u667a\u80fd\u503a\u52a1\u83b7\u5f97\u54ea\u6015 0.1% \u7684\u6536\u76ca\uff0c\u4ed6\u4eec\u7684\u5904\u5883\u5c31\u6bd4\u6ca1\u6709\u667a\u80fd\u503a\u52a1\u65f6\u66f4\u597d\uff0c\u56e0\u6b64\u4f1a\u611f\u5230\u6ee1\u610f\uff09\u3002<\/p>\n

\"<\/p>\n

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\u6211\u8c34\u8d23\u4e86 R\/David Garai \u7684\u64cd\u63a7\u548c\u8c0e\u8a00\uff0c\u7ed3\u679c\u4e0d\u5230 6 \u4e2a\u6708 R \u5c31\u88ab\u9ed1\u5ba2\u653b\u51fb\uff0c\u51e0\u4e4e\u6d88\u5931\u3002<\/p>\n

\u6211\u6279\u8bc4\u4e86 Prisma \u56e2\u961f\u7684\u884c\u4e3a\uff0c\u7ed3\u679c\u4e0d\u5230 12 \u4e2a\u6708\u4ed6\u4eec\u5c31\u88ab\u9ed1\u5ba2\u653b\u51fb\u5e76\u5173\u95ed\u4e86\u534f\u8bae\u3002<\/p>\n

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