Coinbase 將比特幣引入 Solana，激發 DeFi 浪潮的厚望

FTX 的崩潰給 Solana DeFi 造成了一個比特幣大小的漏洞。 Coinbase的cbBTC最終能否填補？

Coinbase is bringing its cbBTC to Solana, sparking hopes for a DeFi surge.

Coinbase 正在將其 cbBTC 引入 Solana，引發了 DeFi 激增的希望。

FTX's collapse left a void in Solana DeFi that no bitcoin stand-in has truly filled. Now, Coinbase is stepping up with cbBTC, a token that will allow traders to move bitcoin in and out of Solana DeFi.

FTX 的崩潰給 Solana DeFi 留下了一個沒有比特幣替代品能夠真正填補的空白。現在，Coinbase 正在加緊推出 cbBTC，這是一種允許交易者將比特幣移入和移出 Solana DeFi 的代幣。

Coinbase is bringing its bitcoin-like token to Solana, a move that has many in the decentralized finance (DeFi) community hoping for a boost in activity.

Coinbase 正在將其類似比特幣的代幣引入 Solana，此舉讓去中心化金融 (DeFi) 社群的許多人希望能夠促進活動。

Fresh off the heels of Donald Trump's election and with bitcoin ripping to new all-time highs, one high-ranking official in Solanaland told CoinDesk there's "much higher hopes" for Coinbase's cbBTC.

唐納德·川普當選後不久，隨著比特幣價格飆升至歷史新高，Solanaland 的一位高級官員告訴 CoinDesk，人們對 Coinbase 的 cbBTC 抱有「更高的希望」。

Solana DeFi hasn't had a good bitcoin stand-in since the last one, soBTC, mysteriously failed. That token, which was believed to be controlled by FTX, died with the fraudulent exchange in November 2022.

自從上一個 soBTC 神秘失敗以來，Solana DeFi 一直沒有一個好的比特幣替代品。該代幣據信由 FTX 控制，於 2022 年 11 月因欺詐性交易所而消亡。

With soBTC's failure, the chain was left without a widely recognized standard for trading bitcoin on Solana DeFi. This put Solana at a disadvantage to Ethereum DeFi, which has had its own solution (including a new one from Coinbase itself) that Solana protocols accessed via bridging.

由於 soBTC 的失敗，該鏈在 Solana DeFi 上交易比特幣時缺乏廣泛認可的標準。這使得 Solana 相對於以太坊 DeFi 處於劣勢，後者有自己的解決方案（包括 Coinbase 本身的新解決方案），Solana 協議可透過橋接存取。

"Coinbase issuing cbBTC natively on Solana reduces the risk surface by half," InfraRay, a contributor to popular Solana-based decentralized exchange Raydium, told CoinDesk.

「Coinbase 在 Solana 上本地發行 cbBTC 將風險面降低了一半，」基於 Solana 的流行去中心化交易所 Raydium 的貢獻者 InfraRay 告訴 CoinDesk。

"We could see a surge of BTC liquidity on-chain, which could increase usage" in many different DeFi protocols, Tom said. "It’s early, but the hope is that robust liquidity for cbBTC could get some of those flywheels going."

Tom 表示，「我們可能會看到鏈上 BTC 流動性激增，這可能會增加許多不同 DeFi 協定的使用量」。 “現在還為時過早，但希望 cbBTC 強勁的流動性能夠讓其中一些飛輪運轉起來。”

But that is only if Coinbase can succeed in making cbBTC Solana's standard stand-in for bitcoin. Other companies have tried and failed at that effort.

但這前提是 Coinbase 能夠成功將 cbBTC Solana 打造為比特幣的標準替代品。其他公司也曾嘗試過這項努力，但都失敗了。

21.co has less than $1.5 million worth of its 21BTC circulating in Solana DeFi. Threshold's tBTC hasn't done much better.

21.co 在 Solana DeFi 中流通的 21BTC 中，價值不到 150 萬美元。 Threshold 的 tBTC 表現也好不到哪裡去。

Coinbase, by comparison, has nearly $10 million worth of cbBTC ready to deploy into Solana DeFi, blockchain data shows. An additional $500,000 of cbBTC is already sloshing around trading pools on Meteora and Orca and in a reserve on trading protocol Kamino.

相比之下，區塊鏈數據顯示，Coinbase 已準備好將價值近 1000 萬美元的 cbBTC 部署到 Solana DeFi 中。另外 50 萬美元的 cbBTC 已經在 Meteora 和 Orca 的交易池中以及交易協議 Kamino 的儲備中流動。

"I think and hope it’s gonna be big," Kamino co-founder Marius Ciubotariu told CoinDesk. "There’s no reason for most BTC DeFi stuff to happen on Ethereum."

「我認為並希望它會變得很大，」Kamino 聯合創始人 Marius Ciubotariu 告訴 CoinDesk。 “大多數 BTC DeFi 事情沒有理由發生在以太坊上。”

Coinbase is not known for participating in Solana DeFi. CbBTC is the exchange's first token issued natively on the Solana blockchain. The exchange is much more deeply involved in the world of Ethereum, especially via its own layer-2 network, Base.

Coinbase 並不因參與 Solana DeFi 而聞名。 CbBTC 是該交易所在 Solana 區塊鏈上本地發行的第一個代幣。該交易所更深入參與以太坊世界，特別是透過自己的第 2 層網路 Base。

"Our decision to launch cbBTC was driven by the goal of unlocking BTC utility for our customers across the on-chain economy. Expanding support to Solana and potentially other chains gives our customers more options and aligns with our overall strategy of bringing billions of users on-chain," a company spokesperson told CoinDesk.

「我們決定推出cbBTC 的目標是為我們的客戶在整個鏈上經濟中解鎖BTC 實用性。擴大對Solana 和其他潛在鏈的支援為我們的客戶提供了更多選擇，並符合我們為數十億用戶提供服務的整體策略。

In September, Coinbase first rolled out cbBTC on Base and Ethereum with the promise of supporting more chains later. But cbBTC traders moving bitcoin to Base get a small leg up on those moving bitcoin to Solana. Coinbase-to-Base bitcoin transfers are free; Coinbase-to-Solana bitcoin transfers cost 40 cents.

9 月，Coinbase 首次在 Base 和以太坊上推出 cbBTC，並承諾稍後支援更多鏈。但將比特幣轉移到 Base 的 cbBTC 交易員比將比特幣轉移到 Solana 的交易員更有優勢。 Coinbase 到 Base 的比特幣轉帳是免費的； Coinbase 到 Solana 的比特幣轉帳費用為 40 美分。

CoinDesk is an independent operating subsidiary of Digital Currency Group, which owns Grayscale, Genesis and CoinDesk.

CoinDesk 是數位貨幣集團的獨立營運子公司，該集團擁有 Grayscale、Genesis 和 CoinDesk。