Coinbase 将比特币引入 Solana，激发 DeFi 浪潮的厚望

FTX 的崩溃给 Solana DeFi 造成了一个比特币大小的漏洞。 Coinbase的cbBTC最终能否填补这个空缺？

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

Coinbase 正在将其 cbBTC 引入 Solana，引发了 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 的崩溃给 Solana DeFi 留下了一个没有比特币替代品能够真正填补的空白。现在，Coinbase 正在加紧推出 cbBTC，这是一种允许交易者将比特币移入和移出 Solana DeFi 的代币。

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 正在将其类似比特币的代币引入 Solana，此举让去中心化金融 (DeFi) 社区的许多人希望能够促进活动的发展。

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.

唐纳德·特朗普当选后不久，随着比特币价格飙升至历史新高，Solanaland 的一位高级官员告诉 CoinDesk，人们对 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.

自从上一个 soBTC 神秘失败以来，Solana DeFi 一直没有一个好的比特币替代品。该代币据信由 FTX 控制，于 2022 年 11 月因欺诈性交易所而消亡。

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.

由于 soBTC 的失败，该链在 Solana DeFi 上交易比特币时缺乏广泛认可的标准。这使 Solana 相对于以太坊 DeFi 处于劣势，后者有自己的解决方案（包括 Coinbase 本身的新解决方案），Solana 协议可通过桥接访问。

"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 上本地发行 cbBTC 将风险面降低了一半，”基于 Solana 的流行去中心化交易所 Raydium 的贡献者 InfraRay 告诉 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，“我们可能会看到链上 BTC 流动性激增，这可能会增加许多不同 DeFi 协议的使用量”。 “现在还为时尚早，但希望 cbBTC 强劲的流动性能够让其中一些飞轮运转起来。”

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.

但这前提是 Coinbase 能够成功将 cbBTC Solana 打造为比特币的标准替代品。其他公司也曾尝试过这一努力，但都失败了。

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，价值不到 150 万美元。 Threshold 的 tBTC 表现也好不到哪里去。

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，区块链数据显示，Coinbase 已准备好将价值近 1000 万美元的 cbBTC 部署到 Solana DeFi 中。另外 50 万美元的 cbBTC 已经在 Meteora 和 Orca 的交易池中以及交易协议 Kamino 的储备中流动。

"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."

“我认为并希望它会变得很大，”Kamino 联合创始人 Marius Ciubotariu 告诉 CoinDesk。 “大多数 BTC DeFi 事情没有理由发生在以太坊上。”

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 并不因参与 Solana DeFi 而闻名。 CbBTC 是该交易所在 Solana 区块链上本地发行的第一个代币。该交易所更深入地参与以太坊世界，特别是通过其自己的第 2 层网络 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.

“我们决定推出 cbBTC 的目标是为我们的客户在整个链上经济中解锁 BTC 实用性。扩大对 Solana 和其他潜在链的支持为我们的客户提供了更多选择，并符合我们为数十亿用户提供服务的总体战略。 -chain”，一位公司发言人告诉 CoinDesk。

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，并承诺稍后支持更多链。但将比特币转移到 Base 的 cbBTC 交易员比将比特币转移到 Solana 的交易员稍有优势。 Coinbase 到 Base 的比特币转账是免费的； Coinbase 到 Solana 的比特币转账费用为 40 美分。

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

CoinDesk 是数字货币集团的独立运营子公司，该集团拥有 Grayscale、Genesis 和 CoinDesk。