DeFi 用戶購買股票

投資人紛紛湧入 Coinbase 和 Nvidia 等熱門美國股票的區塊鏈版本。

A version of this article appeared in our The Decentralised newsletter on November 26. Sign up here.

本文的一個版本出現在我們 11 月 26 日的去中心化時事通訊中。

GM, Tim here.

總經理，提姆在這裡。

DeFi users buy stocks

DeFi 用戶購買股票

Investors are piling into blockchain versions of popular US stocks like Coinbase and Nvidia.

投資人紛紛湧入 Coinbase 和 Nvidia 等熱門美國股票的區塊鏈版本。

Since the start of the month, the amount of these so-called tokenised stocks in circulation on public blockchains has jumped 35% to over $10 million — an all-time high.

自本月初以來，這些在公共區塊鏈上流通的所謂代幣化股票的數量已躍升 35%，達到超過 1,000 萬美元，創下歷史新高。

The most popular onchain stocks and index funds are:

最受歡迎的鏈上股票和指數基金是：

Wall Street firms like BlackRock and State Street are increasingly experimenting with blockchains to speed up asset transfers and increase efficiency. Tokenising stocks is one application.

貝萊德和道富銀行等華爾街公司越來越多地嘗試區塊鏈，以加快資產轉移並提高效率。股票代幣化是一種應用。

Still, the tokenised stocks sector is small at just $10 million.

儘管如此，代幣化股票產業規模仍然很小，只有 1,000 萬美元。

In comparison, the market value of all tokenised assets sits at over $13 billion, with the majority issued representing private credit and US Treasury debt.

相比之下，所有代幣化資產的市值超過 130 億美元，其中大部分發行代表私人信貸和美國國債。

But the recent growth of tokenised stocks legitimises the use case, and shows that investors are increasingly comfortable with the idea.

但最近代幣化股票的成長使這一用例合法化，並表明投資者對這一想法越來越滿意。

The two main issuers of tokenised stocks are Backed Finance and Swarm Markets. Adoption is poised to grow as these issuers and others broaden their portfolios by introducing additional stocks and index funds for trading.

代幣化股票的兩個主要發行人是 Backed Finance 和 Swarm Markets。隨著這些發行人和其他人透過引入更多股票和指數基金進行交易來擴大其投資組合，採用率有望成長。

Aave’s all-time highs

Aave 創歷史新高

Top lending protocol Aave just hit all-time highs in deposits, revenue, and borrows.

頂級借貸協議 Aave 的存款、收入和借款剛剛創下歷史新高。

Aave TVL, Revenue and borrows are now at All Time High.

Aave TVL、收入和借款目前處於歷史最高水準。

Just Use Aave. pic.twitter.com/n6p4D8yrgJ

只需使用 Aave 即可。 pic.twitter.com/n6p4D8yrgJ

Aave TVL, Revenue and borrows are now at All Time High.

Aave TVL、收入和借款目前處於歷史最高水準。

Just Use Aave. pic.twitter.com/n6p4D8yrgJ

只需使用 Aave 即可。 pic.twitter.com/n6p4D8yrgJ

DeFi users have deposited over $32 billion worth of crypto into the protocol and borrowed $12 billion across the 13 blockchains it is deployed on.

DeFi 用戶已將價值超過 320 億美元的加密貨幣存入該協議，並在部署該協議的 13 個區塊鏈上借入了 120 億美元。

Annualised revenue from lending and borrowing has also topped $97 million, narrowly overtaking top DeFi protocol Lido.

借貸的年化收入也突破了 9,700 萬美元，以微弱優勢超過了頂級 DeFi 協議 Lido。

Aave’s success shows that demand for DeFi services is growing even though the value of crypto locked up across all DeFi protocols is still $61 billion below its 2021 high.

Aave 的成功表明，儘管所有 DeFi 協議鎖定的加密貨幣價值仍比 2021 年高點低 610 億美元，但對 DeFi 服務的需求正在增長。

Aave’s Ethereum instance remains the most popular, accounting for $27 billion of its total deposits.

Aave 的以太坊實例仍然最受歡迎，佔其總存款額 270 億美元。

As the crypto bull market continues, demand for leverage — and therefore Aave’s services — is likely to grow further.

隨著加密貨幣牛市的持續，對槓桿的需求——以及 Aave 的服務——可能會進一步增長。

Stablecoins soar

穩定幣飆升

The number of crypto stablecoins in circulation just hit an all-time high.

流通中的加密穩定幣數量剛創下歷史新高。

There’s now over $190 billion worth of dollar-pegged tokens sloshing around on blockchains, smashing the metric’s previous record of $188 billion set in April 2022.

目前，價值超過 1900 億美元的與美元掛鉤的代幣在區塊鏈上流動，打破了該指標於 2022 年 4 月創下的 1880 億美元的記錄。

Tether’s USDT stablecoin accounts for 70% of the market, with rival issuer Circle’s USDC making up just over 20%.

Tether 的 USDT 穩定幣佔據了 70% 的市場份額，而競爭對手 Circle 的 USDC 則佔據了 20% 多一點的份額。

Stablecoins help crypto traders quickly swap in and out of more volatile crypto assets like Bitcoin and Ethereum. In countries with poor banking infrastructure or high inflation, dollar-pegged stablecoins have partly replaced local currencies.

穩定幣幫助加密貨幣交易者快速換入和換出波動性較大的加密資產，例如比特幣和以太坊。在銀行基礎設施薄弱或通膨高企的國家，與美元掛鉤的穩定幣已部分取代了當地貨幣。

Fintech giants PayPal, Robinhood, and Stripe have all entered the stablecoin market in some form.

金融科技巨頭 PayPal、Robinhood 和 Stripe 都以某種形式進入了穩定幣市場。

PayPal’s stablecoin PYUSD is now the eighth-largest after it launched in August 2023. Trading app Robinhood is also launching its stablecoin with crypto firms Galaxy Digital and Kraken.

PayPal 的穩定幣 PYUSD 自 2023 年 8 月推出以來，目前已成為第八大穩定幣。

This week in DeFi governance

本週 DeFi 治理

VOTE: Uniswap DAO supports Tally’s DAO governance enhancements

投票：Uniswap DAO 支持 Tally 的 DAO 治理增強

VOTE: Arbitrum DAO weighs a hackathon continuation programme

投票：仲裁員 DAO 權衡黑客馬拉松延續計劃

VOTE: Lido DAO votes to establish a network expansion committee

投票：Lido DAO 投票建立網路擴展委員會

Post of the week

本週貼文

Crypto Twitter captures the mood as Ethereum starts to rally.

隨著以太坊開始反彈，加密推特捕捉到了人們的情緒。

“looks like ethereum is finally going up, good thing we didn’t sell the bottom” pic.twitter.com/poCo6NdKE5

「看起來以太坊終於上漲了，幸好我們沒有在底部賣出」 pic.twitter.com/poCo6NdKE5

“looks like ethereum is finally going up, good thing we didn’t sell the bottom” pic.twitter.com/poCo6NdKE5

「看起來以太坊終於上漲了，幸好我們沒有在底部賣出」 pic.twitter.com/poCo6NdKE5

Got a tip about DeFi? Reach out at tim@dlnews.com.

有關於 DeFi 的建議嗎？請透過 tim@dlnews.com 聯繫。