空投大量湧現，Pendle 飆升，Uniswap 的 Treasury 在以太坊的 DeFi 格局中煥然一新

4 月的 DeFi 發展包括 Swell、Wormhole、Parcl、Kamino 和 Tensor 等平台的大量空投。 Pendle 躋身十大 DeFi 協議凸顯了對複雜收益產品的需求。 Uniswap DAO 成立了一個工作小組來探索資金多元化，旨在減輕與 UNI 代幣持有相關的風險。 BNB Chain交易量激增因假幣而面臨審查，而Cosmos治理社群則考慮進行部分集安全升級。本週，Munchables 加密遊戲也險些失手，一名流氓開發商試圖在返還資金之前竊取 6,300 萬美元。

Ethereum's Defi Landscape: Airdrops Galore, Pendle's Rise, and Uniswap's Treasury Diversification

以太坊的 Defi 格局：大量空投、Pendle 的崛起和 Uniswap 的金庫多元化

Airdrops Take Center Stage in April

空投成為四月的焦點

April is shaping up to be an airdrop frenzy in the decentralized finance (DeFi) realm. Swell, Wormhole, Parcl, Kamino, and Tensor have all announced plans to distribute tokens to their users. These airdrops will likely boost activity on various blockchains, particularly Solana, where Wormhole, Parcl, Kamino, and Tensor will debut their coins.

四月將成為去中心化金融（DeFi）領域的空投狂潮。 Swell、Wormhole、Parcl、Kamino 和 Tensor 都宣布了向用戶分發代幣的計劃。這些空投可能會促進各種區塊鏈的活動，特別是 Solana，Wormhole、Parcl、Kamino 和 Tensor 將在其中首次推出他們的代幣。

Pendle's Meteoric Rise

彭德爾的崛起

Pendle, a DeFi protocol that allows traders to speculate on the yields of different tokens, has surged into the top 10 DeFi protocols with nearly $3.5 billion in deposits. This remarkable growth underscores the increasing demand for sophisticated yield products in Ethereum DeFi.

Pendle 是一種允許交易者推測不同代幣收益率的 DeFi 協議，已憑藉近 35 億美元的存款躋身 DeFi 協議前 10 名。這一顯著的成長凸顯了以太坊 DeFi 對複雜收益產品的需求不斷增長。

Uniswap DAO Explores Treasury Diversification

Uniswap DAO 探索資金多元化

The Uniswap DAO has established a working group to investigate diversifying its $5 billion treasury holdings. Currently, the majority of the DAO's assets are held in UNI tokens, exposing the treasury to excessive price volatility and limiting yield-generating opportunities. The working group will explore various treasury management initiatives, but legal implications could delay implementation.

Uniswap DAO 成立了一個工作小組來調查其 50 億美元金庫資產的多元化。目前，DAO 的大部分資產均以 UNI 代幣形式持有，使金庫面臨過度的價格波動並限制了產生收益的機會。該工作小組將探討各種財務管理舉措，但法律影響可能會延遲實施。

Fake Tokens Inflate BNB Chain Trading Volume

假幣導致 BNB 鏈交易量膨脹

BNB Chain's trading volume surged to $1.8 billion on Monday, outpacing Ethereum and Solana. However, a closer examination reveals a significant portion of the volume is inorganic. PancakeSwap, the leading decentralized exchange on BNB Chain, lists seven fake tokens imitating Ethena and Wormhole, accounting for nearly $500 million in trading volume.

週一，BNB Chain 的交易量飆升至 18 億美元，超過了以太坊和 Solana。然而，仔細檢查發現，體積的很大一部分是無機的。 BNB Chain 上領先的去中心化交易所 PancakeSwap 列出了 7 個模仿 Ethena 和 Wormhole 的假代幣，交易量近 5 億美元。

Munchables Theft and Recovery

Munchables 竊盜和恢復

In a bizarre incident, players of the Blast-based crypto game Munchables faced the prospect of losing $63 million after a developer stole the funds. To the relief of all, the rogue developer returned the money shortly after. The incident, despite its gravity, gained notoriety due to the absurd names of the game and its "Schnibbles" token.

在一次離奇事件中，基於 Blast 的加密遊戲 Munchables 的玩家在開發人員竊取資金後面臨損失 6,300 萬美元的風險。令所有人鬆了一口氣的是，流氓開發商不久後就退還了錢。儘管事件嚴重，但由於遊戲的荒謬名稱及其“Schnibbles”代幣而聲名狼藉。

Lido's Dominance Wanes

麗都的統治地位減弱

Lido's dominance in liquid staking, which has held sway over Ethereum staking for years, has waned. The protocol's share of all Ether staked has fallen below 30% for the first time in over a year. Factors such as native restaking and liquid restaking tokens (LRTs) on EigenLayer may contribute to this decline.

Lido 在流動性質押方面的主導地位多年來一直對以太坊質押具有影響力，但現在已經減弱。該協議在所有以太坊質押中的份額一年多來首次跌破 30%。 EigenLayer 上的原生重新抵押和流動性重新抵押代幣 (LRT) 等因素可能會導致這種下降。

Conclusion

結論

The Defi landscape is constantly evolving, offering a dynamic environment for investors and innovators. Airdrops, new protocol launches, and governance initiatives continue to shape the industry. As the DeFi ecosystem matures, expect further developments that push the boundaries of financial innovation and accessibility.

Defi 格局不斷發展，為投資者和創新者提供了一個充滿活力的環境。空投、新協議的發布和治理舉措繼續塑造著這個產業。隨著 DeFi 生態系統的成熟，預計會有進一步的發展，突破金融創新和可近性的界限。