RUNE 面临压力，但随着 THORChain 收入的增长，开发工作可能会提振价格

跨链去中心化交易所THORChain的原生代币RUNE面临压力。从日线图来看，该代币较 5 月高点下跌了近 60%，即使整体加密货币市场复苏，仍保持持平。

The native token of cross-chain decentralized exchange (DEX) THORChain, RUNE, has been under pressure. From the daily chart, the token is down nearly 60% from May highs and remains flat even as the broader crypto market recovers.

跨链去中心化交易所（DEX）THORChain的原生代币RUNE一直面临压力。从日线图来看，该代币较 5 月高点下跌了近 60%，即使整体加密货币市场复苏，仍保持持平。

However, there is confidence that prices may rally in the coming days primarily because of fundamental factors and efforts made by the development team.

然而，人们相信，由于基本面因素和开发团队的努力，未来几天价格可能会上涨。

THORChain Revenue Surges Following Swap Fee Increment

掉期费用增加后 THORChain 收入激增

In a post on X, an analyst noted that THORChain has nearly doubled its revenue in the past two days following the community’s decision to increase the minimum swap fee on the DEX.

在 X 上的一篇帖子中，一位分析师指出，在社区决定提高 DEX 的最低交换费用后，THORChain 在过去两天的收入几乎翻了一番。

Recently, THORChain node operators approved and implemented a proposal to increase the swap fee for layer-1 native exchanges to 0.05%. This seemingly minor change, the analyst notes, has had a profound impact on THORChain’s protocol, increasing daily revenue by nearly 100%.

近日，THORChain节点运营商批准并实施了一项提案，将第一层原生交易所的交换费用提高至0.05%。分析师指出，这一看似微小的变化对 THORChain 的协议产生了深远的影响，使每日收入增加了近 100%。

While increments in protocol fees tend to impact user experience negatively, it had the opposite effect on THORChain, the analyst noted. As the swap fee rose, users were not deterred. Instead, swap volume steadied while the average fee from every transaction surged.

分析师指出，虽然协议费用的增加往往会对用户体验产生负面影响，但它对 THORChain 产生了相反的影响。尽管互换费用上涨，但用户并没有被吓倒。相反，掉期交易量保持稳定，而每笔交易的平均费用却飙升。

As transaction fees rise, weekly liquidity fees on THORChain now exceed block reward, a major milestone for the DEX. This significant shift in revenue generation will further drive the RUNE burning rate once ADR 17, a community proposal, is implemented in the coming days.

随着交易费用的上涨，THORChain 上的每周流动性费用现已超过区块奖励，这是 DEX 的一个重要里程碑。一旦社区提案 ADR 17 在未来几天实施，这种收入产生的重大转变将进一步推动 RUNE 燃烧率。

The more RUNE is taken out of circulation, the scarcer the token becomes, lifting prices higher. Once ADR 17 is implemented, the protocol will buy and burn $1 worth of RUNE for every $10,000 revenue generated. Rising revenue due to the swap fee increment means more RUNE will be torched.

RUNE 退出流通的次数越多，代币就越稀缺，从而推高价格。一旦 ADR 17 实施，该协议将每产生 10,000 美元的收入购买并销毁价值 1 美元的 RUNE。由于交换费用增加而增加的收入意味着更多的 RUNE 将被烧毁。

Impact Of RUNEPool On Liquidity: Will RUNE Break $5?

RUNEPool 对流动性的影响：RUNE 会突破 5 美元吗？

In other news, THORChain also introduced RUNEPool in late July to help further incentivize liquidity provision. Users can freely deposit their RUNE via THORSwap and THORWallet interfaces into a pool of diversified tokens through this feature.

其他消息方面，THORChain 还在 7 月下旬推出了 RUNEPool，以帮助进一步激励流动性提供。用户可以通过 THORSwap 和 THORWallet 接口自由地将 RUNE 存入多样化的代币池中。

They help reduce the risks of impermanent loss and increase liquidity. As of August 9, over 3.7 million RUNE have been deposited by 265 liquidity providers into the RUNEPool.

它们有助于降低无常损失的风险并增加流动性。截至 8 月 9 日，已有 265 个流动性提供者将超过 370 万枚 RUNE 存入 RUNEPool。

Despite these changes, RUNE remains under immense selling pressure, although it is steady at press time. Following the bear breakout in early August, pushing prices below July lows, the token has struggled. However, if there is a recovery from spot rates to above July highs of around $5, the coin might surge to over $7.5.

尽管发生了这些变化，RUNE 仍然面临着巨大的抛售压力，尽管截至发稿时其表现稳定。继 8 月初熊市突破后，价格跌破 7 月低点，该代币一直在苦苦挣扎。然而，如果即期汇率回升至 5 美元左右的 7 月高点之上，代币可能会飙升至 7.5 美元以上。