空投大量涌现，Pendle 飙升，Uniswap 的 Treasury 在以太坊的 DeFi 格局中焕然一新

4 月份的 DeFi 发展包括来自 Swell、Wormhole、Parcl、Kamino 和 Tensor 等平台的大量空投。 Pendle 跻身十大 DeFi 协议凸显了对复杂收益产品的需求。 Uniswap DAO 成立了一个工作组来探索资金多元化，旨在减轻与 UNI 代币持有相关的风险。 BNB Chain交易量激增因假币而面临审查，而Cosmos治理社区则考虑进行部分集安全升级。本周，Munchables 加密游戏也险些失手，一名流氓开发商试图在返还资金之前窃取 6300 万美元。

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 的金库多元化

Airdrops Take Center Stage in April

空投成为四月份的焦点

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.

四月份将成为去中心化金融（DeFi）领域的空投狂潮。 Swell、Wormhole、Parcl、Kamino 和 Tensor 都宣布了向用户分发代币的计划。这些空投可能会促进各种区块链的活动，特别是 Solana，Wormhole、Parcl、Kamino 和 Tensor 将在其中首次推出他们的代币。

Pendle's Meteoric Rise

彭德尔的崛起

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 是一种允许交易者推测不同代币收益率的 DeFi 协议，已凭借近 35 亿美元的存款跻身 DeFi 协议前 10 名。这一显着的增长凸显了以太坊 DeFi 对复杂收益产品的需求不断增长。

Uniswap DAO Explores Treasury Diversification

Uniswap DAO 探索资金多元化

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 成立了一个工作组来调查其 50 亿美元金库资产的多元化。目前，DAO 的大部分资产均以 UNI 代币形式持有，使金库面临过度的价格波动并限制了产生收益的机会。该工作组将探讨各种财务管理举措，但法律影响可能会延迟实施。

Fake Tokens Inflate BNB Chain Trading Volume

假币导致 BNB 链交易量膨胀

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.

周一，BNB Chain 的交易量飙升至 18 亿美元，超过了以太坊和 Solana。然而，仔细检查发现，体积的很大一部分是无机的。 BNB Chain 上领先的去中心化交易所 PancakeSwap 列出了 7 个模仿 Ethena 和 Wormhole 的假代币，交易量近 5 亿美元。

Munchables Theft and Recovery

Munchables 盗窃和恢复

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.

在一次离奇事件中，基于 Blast 的加密游戏 Munchables 的玩家在开发商窃取资金后面临损失 6300 万美元的风险。令所有人松了一口气的是，流氓开发商不久后就退还了钱。尽管事件严重，但由于游戏的荒谬名称及其“Schnibbles”代币而声名狼藉。

Lido's Dominance Wanes

丽都的统治地位减弱

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 在流动性质押方面的主导地位多年来一直对以太坊质押具有影响力，但现在已经减弱。该协议在所有以太坊质押中的份额一年多来首次跌破 30%。 EigenLayer 上的原生重新抵押和流动性重新抵押代币 (LRT) 等因素可能会导致这种下降。

Conclusion

结论

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 格局不断发展，为投资者和创新者提供了一个充满活力的环境。空投、新协议的发布和治理举措继续塑造着这个行业。随着 DeFi 生态系统的成熟，预计会有进一步的发展，突破金融创新和可及性的界限。