本週 DeFi 綜述：TVL 激增、空投策略、新產品發布和駭客攻擊

DeFi 週：Ethena 和 Wormhole 空投，隨著整體市場略有復甦，BadgerDAO 的 eBTC LaunchDeFi 協議繼續推出新產品和活動。 Ethena Labs 結束了其分片活動，向參與者分發 ENA 代幣和空投。 Wormhole 宣布其 W 代幣空投領取日期為 4 月 3 日。BadgerDAO 發布 eBTC，這是以太坊上的去中心化 BTC 期權，允許用戶零費用借入 eBTC。以太坊 L2，包括 Linea、Base、Blast 和 Mode，在公告中見證了 TVL 的顯著增加。

Week in DeFi: A Comprehensive Roundup of Key Developments

DeFi 週：關鍵進展綜合綜述

Market Overview

市場概況

The total value locked (TVL) across all blockchains has experienced a modest recovery, coinciding with Bitcoin's reclaiming of key levels and the resumption of positive Bitcoin ETF inflows after a period of net outflows. Notable exceptions to this trend include several Ethereum Layer 2 (L2) solutions, such as Linea, Base, Blast, and Mode, all of which have witnessed TVL increases in the 30% range.

所有區塊鏈的總鎖定價值（TVL）都經歷了溫和的復甦，與比特幣恢復關鍵水平以及在一段時間的淨流出後恢復正比特幣 ETF 流入的時間一致。這一趨勢的顯著例外包括幾個以太坊第 2 層 (L2) 解決方案，例如 Linea、Base、Blast 和 Mode，所有這些解決方案的 TVL 均增長了 30%。

Airdrops: Assessing and Maximizing Returns

空投：評估並最大化回報

In his discussion of the airdrop ecosystem, Alpha Central's Nouveau emphasizes the importance of evaluating and selecting airdrops based on factors such as protocol choice, capital usage, fees, and return on investment. He advises users to focus on high-conviction airdrops while employing a "spray and pray" approach with smaller amounts of capital. Additionally, he advocates for actively using tokenless protocols, exploring on-chain opportunities, and being prepared to exit underperforming farms.

在討論空投生態系統時，Alpha Central 的 Nouveau 強調了根據協議選擇、資本使用、費用和投資回報等因素評估和選擇空投的重要性。他建議用戶專注於高信念的空投，同時採用較小資金的「噴霧和祈禱」方法。此外，他主張積極使用無代幣協議，探索鏈上機會，並準備退出表現不佳的農場。

Ethereum

以太坊

BadgerDAO Releases eBTC

BadgerDAO 發布 eBTC

BadgerDAO has launched eBTC, touted as the most decentralized form of Bitcoin (BTC) on Ethereum. This offering allows users to deposit various Ethereum-based assets, including ETH, WETH, stETH, and wstETH, to borrow eBTC without incurring fees and while earning staking yields from Lido Finance.

BadgerDAO 推出了 eBTC，被譽為以太坊上最去中心化的比特幣 (BTC) 形式。該產品允許用戶存入各種基於以太坊的資產，包括 ETH、WETH、stETH 和 wstETH，借入 eBTC，無需產生費用，同時還能從 Lido Finance 賺取質押收益。

AltLayer Introduces ALT Staking

AltLayer 推出 ALT 質押

AltLayer, a Rollup-as-a-Service protocol, has unveiled staking for its ALT token. Staking marks the inaugural phase in the rollout of MACH Alpha, a fast finality layer leveraging EigenLayer technology. The layer is initially designed to support Optimism and Arbitrum.

AltLayer 是 Rollup-as-a-Service 協議，它已經推出了 ALT 代幣的質押。質押標誌著 MACH Alpha 推出的初始階段，MACH Alpha 是利用 EigenLayer 技術的快速最終層。該層最初設計用於支援 Optimism 和 Arbitrum。

Other Product Launches and Updates

其他產品發布和更新

• Ondo Finance: Enables 24/7 redemption and subscription to OUSG, its product investing in US Treasuries. Ondo will also transfer $95 million of OUSG's backing to BlackRock's BUIDL fund.
• Pike Finance: Announces tokenomics for its governance token, P. Pike has also conducted a presale, allowing PIU token holders to burn their tokens for a discounted price.
• EtherFi: Launches Points Season 2, distributing 5% of the ETHFI supply to participants until June 30th. Stakers accrue more points the longer they stake ETH.
• Notional Finance: Launches V3 on Ethereum mainnet, opening deposits in USDC, USDT, ETH, and rETH. NOTE incentives are available for users, optimizable through leveraged lending or borrowing strategies.
• Angle Protocol: Introduces USDA, its USD-pegged stablecoin, which operates alongside EURA, its Euro-pegged stablecoin. USDA holders can earn yield derived from real-world assets.

PrismaFi Hack and Subsequent Pause

Ondo Finance：支持 OUSG（其投資於美國國債的產品）的 24/7 贖回和認購。 Ondo 也將把OUSG 的9,500 萬美元支持轉移給貝萊德的BUIDL 基金。Pike Finance: 宣布其治理代幣P 的代幣經濟學。Pike 也進行了預售，允許PIU 代幣持有者以折扣價銷毀其代幣。EtherFi： 推出積分第 2 季，在 6 月 30 日之前向參與者分發 5% 的 ETHFI 供應。質押者質押 ETH 的時間越長，獲得的積分就越多。名義金融：在以太坊主網上推出 V3，以 USDC、USDT、ETH 和 rETH 開設存款。注意激勵措施可供用戶使用，可透過槓桿借貸策略進行最佳化。Angle Protocol：推出與美元掛鉤的穩定幣 USDA，與與歐元掛鉤的穩定幣 EURA 一起運行。 USDA 持有者可以賺取現實世界資產的收益。PrismaFi 駭客攻擊和隨後的暫停

PrismaFi, an ETH liquid staking token (LST) stablecoin protocol, has been subject to a hack resulting in the loss of $12 million worth of mkUSD and wstETH. The protocol has been paused, and its two stablecoins, mkUSD and ULTRA, are reported to have maintained overcollateralization.

PrismaFi 是一種 ETH 流動質押代幣 (LST) 穩定幣協議，遭到駭客攻擊，導致價值 1,200 萬美元的 mkUSD 和 wstETH 損失。該協議已暫停，據報導其兩種穩定幣 mkUSD 和 ULTRA 仍維持超額抵押。

L2s

L2s

Linea Voyage: Surge Campaign

Linea Voyage：激增活動

ConsenSys-backed L2, Linea, has launched a new campaign called Linea Voyage: Surge. This campaign will run for six months or until Linea reaches 3 billion in TVL, whichever occurs first. It is implied that this will be the final campaign on the chain.

ConsenSys 支援的 L2 Linea 發起了一項名為 Linea Voyage：Surge 的新活動。該活動將持續六個月，或直到 Linea 的 TVL 達到 30 億（以先到者為準）。暗示這將是鏈上的最後一次活動。

Other Product Launches and Updates

其他產品發布和更新

• Hyperliquid: Announces upcoming support for spot trading and an airdrop of the PURR token to Hyperliquid point holders. 50% of the token supply will be distributed proportionally, and the remaining 50% will be allocated to liquidity provision.
• Maverick Protocol: Announces the upcoming Maverick V2 upgrade, which will enhance gas efficiency, provide flexibility over liquidity pools, and introduce directed MAV token incentives controlled through a vote-escrow token model.
• SithSwap: Launches the token sale for its governance token, SITH. STRK token holders can contribute to the sale, with 15% of the total token supply available. The sale concludes on April 5th.
• Munchables: A Blast-based NFT game, has been exploited for $62.5 million by a rogue developer. The funds have been returned to the protocol.

Airdrops

Hyperliquid：宣布即將支援現貨交易，並向 Hyperliquid 積分持有者空投 PURR 代幣。代幣供應量的50% 將按比例分配，剩餘50% 將分配給流動性供應。Maverick Protocol：宣布即將進行Maverick V2 升級，這將提高Gas 效率，提供流動性池的靈活性，並引入定向MAV代幣透過投票託管代幣模型控制激勵。SithSwap：啟動其治理代幣 SITH 的代幣銷售。 STRK 代幣持有者可以為銷售做出貢獻，佔可用代幣供應總量的 15%。銷售將於 4 月 5 日結束。Munchables：一款基於 Blast 的 NFT 遊戲，已被流氓開發商利用，獲利 6250 萬美元。資金已返還至協議。空投

Ethena Shards Campaign Conclusion

Ethena 碎片活動結論

Stablecoin protocol Ethena has concluded its Shards campaign, with the token generation event (TGE) and airdrop scheduled for April 2nd. The top 2,000 accounts by Shards will be subject to a linear vesting period for half of their allocated tokens.

穩定幣協議 Ethena 已結束其分片活動，代幣生成活動 (TGE) 和空投計劃於 4 月 2 日舉行。 Shards 的前 2,000 個帳戶將有一半分配代幣的線性歸屬期。

Wormhole W Token Airdrop Claim Date

蟲洞 W 代幣空投領取日期

Interoperability layer Wormhole has announced April 3rd as the claim date for the W token airdrop.

互通層 Wormhole 宣布 4 月 3 日為 W 代幣空投的領取日期。

Orderly Network Trading Campaign

網路交易活動有序進行

Omni-chain orderbook DEX Orderly Network has launched its gamified trading campaign, "The Road to Order." Users earn "Merits" for a share of the Orderly Network token at launch. A significant portion of the airdrop will be allocated to campaign participants.

全鏈訂單簿DEX Orderly Network推出遊戲化交易活動「訂單之路」。用戶在推出時獲得有序網路代幣份額的「功德」。空投的很大一部分將分配給活動參與者。

Tweet of the Week

本週推文

Eugene highlights the emergence of memecoins as the preferred beta for L1 trading, citing the recent surge in WIF and Base memecoins.

Eugene 強調了 memecoins 作為 L1 交易的首選測試版的出現，並引用了最近 WIF 和 Base memecoins 的激增。

Stay informed about your favorite projects and anticipate next week's edition, where we will continue to monitor the evolving DeFi landscape.

隨時了解您最喜歡的項目並期待下週的版本，我們將繼續監控不斷發展的 DeFi 格局。