Thorchain看到交易量和费用收入中的野生爆炸

在吸引加密货币世界的一系列事件中，索兰（Thorchain

In a series of events that has drawn the eyes of the crypto world, THORChain has seen a wild explosion in transaction volume and fee income—all due to a money laundering operation associated with a hack on Bybit, one of the major cryptocurrency exchanges.

在吸引加密货币世界的一系列事件中，Thorchain在交易量和费用收入中发生了巨大的爆炸，这都是由于与黑客bybit上的洗钱行动有关，这是主要的加密货币交流之一。

The hacker who pulled off the Bybit breach has been busy using THORChain to launder his stolen funds, and this copious amount of activity has made its way into the THORChain books. So much so that it has effectively doubled the decentralized exchange’s transaction volume. You’d think this is a pretty good ad for THORChain. Too bad it is all because of the work of a criminal.

摆脱拜百比（Bybit）违规的黑客一直在忙着用胸部洗钱，这项大量的活动已经进入了胸部书籍。如此之多，以至于有效地使分散的交易所的交易量翻了一番。您会认为这是Thorchain的一个很好的广告。太糟糕了，这全是因为罪犯的工作。

Massive Surge in Transaction Volume and Fees

交易量和费用大量激增

THORChain used to average $80 million in daily transactions before a hacker began to tunnel dirty money through the protocol. On February 22, 2025, the hacker set upon a not uncommon technique in the world of crypto for obscuring the provenance of stolen funds: using a decentralized exchange (in this case, THORChain) to swap the ill-gotten Ethereum for quieter Bitcoin.

在黑客开始通过协议开始犯规之前，Thorchain曾经平均每天8000万美元的每日交易。 2025年2月22日，黑客介绍了加密货币世界中一种并不罕见的技术，目的是掩盖了被盗资金的出处：使用分散的交流（在这种情况下为Thorchain）将不亲密的以太坊交换为安静的比特币。

In total, THORChain saw a staggering $2.91 billion hit its smart contracts in just five days.

总的来说，索兰（Thorchain）在短短五天内就达到了惊人的29.1亿美元签订智能合同。

This was obviously a huge amount of not good. What followed was obvious and unavoidable in the context of “decentralized finance”—THORChain began using THORChain to swap otherwise silent Bitcoin for, at a guess, stealthy Ethereum. Remedial measures then had to ensue.

这显然是不好的。在“分散财务”的背景下，随之而来的是显而易见的，也是不可避免的 - 托链开始使用Thorchain将否则无声的比特币交换为隐形的以太坊。然后必须采取补救措施。

The crypto community is not the only one taking notice of the rapid rise in transaction volume; it has also brought in serious cash for THORChain. The impetus behind all the activity may not be entirely above board, but the decentralized platform is certainly profiting from the upturn in business. The volume translated into income: about $3 million for the almost $3 billion worth of transactions. The money came in the form of fees for executing trades between different cryptocurrencies across THORChain’s decentralized exchange.

加密社区并不是唯一注意交易量快速上升的人。它还为Thorchain带来了认真的现金。所有活动背后的动力可能并不完全超过董事会，但是分散的平台肯定会从业务上的上涨中获利。该数量转化为收入：约300万美元，价值近30亿美元的交易。这笔钱以费用的形式出现，用于在Thorchain的分散交易所之间进行不同的加密货币之间执行交易。

Bybit 被盗事件的赢家除了黑客，就是 @THORChain 了：黑客洗钱为 THORChain 带来了 $29.1 亿的交易量跟 $300 万的手续费收入。

Bybit 黑客的主要洗钱方式是通过 @THORChain 将 ETH 兑换成 BTC。这为 THORChain 带来了巨量的交易量跟手续费。同时也带动了 THORChain 的代币 $RUNE 上涨。… https://t.co/952qqgyuoNpic.twitter.com/QV3BPWoDqC

— 余烬 (@EmberCN) February 27, 2025

Although these increased fees benefit THORChain, the transactions’ nature—due to a hack—brings up significant ethical and legal problems. Regardless, THORChain has gained a substantial amount of revenue and is seeing significant user metric increases.

尽管这些增加的费用受益于胸腔，但交易的性质（对黑客来说）带来了重大的道德和法律问题。无论如何，Thorchain获得了大量收入，并且看到了大幅度的用户指标。

Price Impact on $RUNE

价格影响$符文

THORChain’s native token, $RUNE, has also been affected by the increase in transaction volume and, with it, handling fees. Demand has surged for $RUNE. Why? Because with platform activity booming, $RUNE has been in demand—driving up its price. Increased usage of a platform often correlates directly with demand for its token. Tokenomics 101.

Thorchain的本地令牌$符文也受到交易量增加以及处理费用的影响。需求激增了$符文。为什么？因为随着平台活动的蓬勃发展，$符文一直在需求 - 提高了价格。平台的使用增加通常与对令牌的需求直接相关。象征学101。

In this case, the operation led by THORChain laundered a lot of money poured into the THORChain token through Crypto1555 and other backdoor schemers. Illicit activity around THORChain underscores the uptick in THORChain token price. It offers cover to THORChain developers and insiders who benefit every time the token THORChain is hiked. Volatility is not our friend. Long-term, we suspect this is not sustainable.

在这种情况下，由Thorchain领导的行动通过Crypto1555和其他后门计划涌入了Thorchain令牌。 Thorchain周围的非法活动强调了Thorchain代币价格的上升。它为胸腔开发人员和内部人士提供了掩护，他们每次远足时都会受益。波动不是我们的朋友。长期，我们怀疑这是不可持续的。

For THORChain, this may short-term financial success, but it could also bring unwanted regulatory eyes when the platform is already under close watch by regulators concerned its potential role in illegal activities. If involved in a money laundering scheme, and even if it is not intentional, could put THORChain right under the noses of plenty of law enforcement and financial regulators across the world.

对于Thorchain来说，这可能是短期的财务成功，但是当监管机构涉及其在非法活动中的潜在作用的监管机构已经密切关注该平台时，它也可能带来不必要的监管眼。如果参与了洗钱计划，即使不是故意的，也可以将胸骨置于世界各地的大量执法和金融监管机构的鼻子之下。

This development has shone a light on how illicit actors can use decentralized exchanges like THORChain. Centralized exchanges must follow strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, but decentralized exchanges are often much less regulated. Even this is an understatement because it is not clear that they are regulated at all. The recent Unsolvable Problem hack raises the more general question of how we should regulate all these canyoneering, rapids-rushing, tokencrazy places where money can just disappear.

这一发展阐明了非法演员如何使用Thorchain等分散的交流。集中式交流必须严格了解您的客户（KYC）和反洗钱（AML）法规，但是分散的交易所通常受到的监管少得多。甚至这是轻描淡写的，因为尚不清楚它们根本受到监管。最近无法解决的问题hack提出了一个更普遍的问题，即我们应该如何规范所有这些峡谷，急流，tokencrazy的地方，那里的钱可以消失。

For THORChain, this involvement raises the crucial issue of whether the platform will suffer any legal or reputational harm. THORChain may not have had the slightest clue that laundering was going on, but it’s still a possible fallout from association with illegal activity. Ignorance on the part of the platform is sometimes, albeit rarely, an effective defense in criminal cases.

对于Thorchain而言，这种参与提出了一个至关重要的问题，即该平台是否会遭受任何法律或声誉损害。 Thorchain可能没有洗钱正在进行的丝毫线索，但这仍然是与非法活动的关联可能的影响。该平台的无知有时在刑事案件中很少是有效的辩护。