AAVE（AAVE）生態系統集成了Chainlink的智能價值retapture（SVR）技術，以捕獲MEV的數百萬美元

既然它已經正式整合了Chainlink的智能價值重新捕獲（SVR）技術，那麼AAVE（AAVE）生態系統可能會陷入困境。

Aave (AAVE) ecosystem might be in for a wild ride now that it has officially integrated Chainlink’s Smart Value Recapture (SVR) technology.

既然它已經正式整合了Chainlink的智能價值重新捕獲（SVR）技術，那麼AAVE（AAVE）生態系統可能會陷入困境。

Officially approved in March 2025 by an on-chain community vote, this collaboration targets millions of dollars in previously unclaimed Maximal Extractable Value (MEV) associated with oracle-based liquidations.

這項合作於2025年3月通過鏈上社區投票正式批准，其目標是數百萬美元的以前無人認領的最大可提取價值（MEV），該價值（MEV）與基於甲骨文的清算相關。

.@aave has officially integrated Chainlink SVR in a near-unanimous vote to recapture liquidation MEV, starting with an initial set of markets.As the largest DeFi lending protocol, Aave is establishing a new standard in cryptoeconomics with SVR.https://t.co/beN712BymB ⬇️pic.twitter.com/kF9EtdcyRV

。

— Chainlink Labs (@ChainlinkLabs) April 24, 2025

- 鏈條實驗室（@chainlinklabs）2025年4月24日

The integration was backed by Flashbots, which will take care of the MEV-share model, and BGD Labs, which handled the technical integration.

該集成得到了FlashBot的支持，FlashBot將負責處理MEV-Share模型，以及處理技術集成的BGD實驗室。

Related: Stablecoin Surge Threatens Traditional Banking, Senator Gillibrand Warns Against FDIC Protection

相關：Stablecoin激增威脅傳統銀行業務，參議員吉利布蘭（Gillibrand）警告說明FDIC保護

Not a Bad Deal

不錯的交易

According to the press release, early models indicate that about 40% of MEV could be recaptured, generating a fresh revenue stream split 65%-35% between the Aave and Chainlink ecosystems.

根據新聞稿，早期模型表明，大約有40％的MEV可以被重新接收，從而在AAVE和Chainlink生態系統之間產生了新的收入分為65％-35％。

Johann Eid, Chief Business Officer at Chainlink Labs, described SVR as “a new standard in DeFi economics”:

Chainlink Labs首席業務官Johann Eid將SVR描述為“ Defi經濟學的新標準”：

The Issue With MEV

梅夫的問題

Maximal Extractable Value (MEV) is quite a controversial topic in crypto, but in essence, it refers to the additional profit blockchain validators and block builders can earn by strategically ordering transactions within a block.

最大可提取值（MEV）在加密貨幣中是一個有爭議的話題，但從本質上講，它是指額外的利潤區塊鏈驗證器，而塊構建者可以通過戰略性地訂購塊內的交易來賺取。

A subset of this, often called Oracle Extractable Value (OEV), emerges during liquidation events on DeFi platforms. Historically, blockchain operators benefited from these profits rather than the protocols themselves.

在Defi平台上清算事件期間，出現了一個通常稱為Oracle提取值（OEV）的子集。從歷史上看，區塊鏈運營商從這些利潤中受益，而不是協議本身。

To give an idea, Aave manages over US$19B (AU$30B) in assets, while Chainlink’s infrastructure secures more than US$20T (AU$31.7T) in transactions. But neither ecosystem has received meaningful compensation from the liquidation events powered by their own technology.

為了提出一個想法，AAVE管理資產超過19b（澳元）的資產，而Chainlink的基礎設施可確保超過20噸（AU $ 31.7T）的交易。但是，沒有生態系統都從其自己的技術提供的清算事件中獲得了有意義的補償。

Therefore, the amount of money taken from MEV hurts the revenue potential for further protocol development. It also leads to security issues like frontrunning or sandwich attacks, which are well-known issues in DeFi trading.

因此，從MEV中賺取的資金損害了進一步協議開發的收入潛力。這也導致了諸如Frontrunn或Sandwich攻擊之類的安全問題，這些問題是Defi交易中眾所周知的問題。