THORChain 月交易量超過 100 億美元，引發比特幣 Maxis 的安全疑慮

Decentralized liquidity protocol THORChain has achieved a significant feat by netting over $10 billion in its monthly trading volume. Notably, this is the first time that the protocol will be registering such an impressive feat. The protocol, which facilitates swaps across blockchains has grown significantly in the decentralized finance sector. However, its new feat has been the subject of debates among Bitcoin analysts due to suspected issues surrounding safety.

去中心化流動性協議 THORChain 取得了一項重大成就，每月交易量超過 100 億美元。值得注意的是，這是該協議第一次實現如此令人印象深刻的壯舉。該協議促進了區塊鏈之間的交換，在去中心化金融領域已顯著增長。然而，由於涉嫌安全問題，它的新壯舉一直是比特幣分析師爭論的話題。

THORChain registers over $10 billion in trading volume

THORChain announced the significant milestone via its social media handle, using the data from Runscan to show that its total trading volume for the month stands at $10.26 billion for the month. The announcement has been a subject of discussion around the crypto community especially among Bitcoin maxis, who expressed concerns about the security and risks associated with the platform for Bitcoin holders.

THORChain 交易量超過 100 億美元 THORChain 透過其社群媒體帳號宣布了這一重要里程碑，使用 Runscan 的數據顯示，該月當月總交易量為 102.6 億美元。這項公告已成為加密社群討論的主題，尤其是 Bitcoin maxis，他們對與比特幣持有者平台相關的安全和風險表示擔憂。

Bitcoin investor Fred Krueger also waded into the discussion, noting that he believes that the platform is real and that the services on the platform are a great option for Bitcoin holders. However, this comment didn’t go down well with the majority in the community and analyst Dylan Le Clair noted his skepticism about the platform and their ability to ensure the safety of loans on THORChain.

比特幣投資者 Fred Krueger 也加入了討論，並指出他相信該平台是真實的，並且該平台上的服務對於比特幣持有者來說是一個不錯的選擇。然而，這項評論並沒有得到社區大多數人的認可，分析師 Dylan Le Clair 指出，他對該平台及其確保 THORChain 貸款安全的能力持懷疑態度。

Le Clair argued that relying on an altcoin’s exchange rate for a loan without quantifying the associated risks amounted to transmuting the risk rather than mitigating it. THORChain’s decentralized liquidity protocol enables users to swap major crypto assets like Bitcoin and Ethereum without the need for centralized exchanges.

勒克萊爾認為，依靠山寨幣的匯率來獲取貸款而不量化相關風險相當於改變了風險，而不是減輕了風險。 THORChain 的去中心化流動性協議使用戶能夠交換比特幣和以太坊等主要加密資產，而無需中心化交易所。

Bitcoin maxis debate the safety of the protocol

One of the platform’s key features is its provision of interest-free loans against these assets, with no liquidation requirements or fixed expiry dates. In a recent upgrade on January 30, THORChain reduced collateral requirements for Bitcoin and Ether from 400% to 200%, allowing users to borrow up to half the total value of their provided assets.

Bitcoin maxis 爭論協議的安全性 該平台的一個主要特點是針對這些資產提供無息貸款，沒有清算要求或固定到期日。在最近 1 月 30 日的升級中，THORChain 將比特幣和以太坊的抵押品要求從 400% 降低到 200%，允許用戶借入最多其所提供資產總價值的一半。

Despite the appeal of THORChain’s no-liquidation lending model, analysts like Chris Blec have pointed out potential risks associated with the platform. Blec highlighted two significant concerns: the risk of lending assets to a protocol that could face collapse or exploitation, as seen in THORChain’s experience in 2021 (though funds were returned), and reliance on a centralized provider not altering terms and conditions, exposing loans to risk.

儘管 THORChain 的無清算貸款模式很有吸引力，但 Chris Blec 等分析師指出了與平台相關的潛在風險。 Blec 強調了兩個重大問題：將資產借給可能面臨崩潰或利用的協議的風險，正如THORChain 在2021 年的經驗中所見（儘管資金已退回），以及依賴中心化提供者而不改變條款和條件，從而將貸款暴露給風險。

THORChain faced disruptions in 2023 when it halted its mainnet twice due to reported security vulnerabilities, further emphasizing the importance of risk assessment for users. THORChain’s achievement of surpassing $10 billion in monthly trading volume underscores its growing significance in the DeFi landscape.

THORChain 在 2023 年面臨中斷，由於報告的安全漏洞兩次暫停其主網，進一步強調了風險評估對用戶的重要性。 THORChain 月交易量超過 100 億美元的成就凸顯了其在 DeFi 領域日益增長的重要性。

However, debates among Bitcoin maximalists regarding the platform’s safety for borrowers highlight the importance of assessing risks associated with decentralized protocols, particularly those offering lending services against crypto assets. As DeFi continues to evolve, platforms like THORChain will face ongoing scrutiny and evaluation from industry participants seeking both liquidity and security.

然而，比特幣最大化主義者之間關於該平台借款人安全性的爭論凸顯了評估與去中心化協議相關的風險的重要性，特別是那些針對加密資產提供借貸服務的協議。隨著 DeFi 的不斷發展，像 THORChain 這樣的平台將面臨尋求流動性和安全性的行業參與者的持續審查和評估。