美国国债代币化飙升，突破 10 亿美元

Finance Redefine 提供了对去中心化金融 (DeFi) 发展的见解。本周的主要亮点包括超过 10 亿美元的美国国债在以太坊、Polygon 和 Solana 上的代币化、法院裁决有利于 Coinbase 的自我托管加密钱包、Coinbase 第 2 层系统 Basis 的快速增长以及 TVL 在月，并拨款 1.37 亿美元启动 Jupiter DEX 的原生 DAO。

Tokenization of U.S. Treasuries Surges, Reaching Over $1 Billion on Blockchains

美国国债的代币化激增，区块链上的规模已超过 10 亿美元

The burgeoning trend of asset tokenization has witnessed the digitization of over $1 billion worth of United States Treasuries on Ethereum, Polygon, Solana, and other blockchains. This surge has been driven in part by the recent launch of the BlackRock USD Institutional Digital Liquidity Fund, ticker symbol "BUIDL."

资产代币化的蓬勃发展趋势见证了以太坊、Polygon、Solana 和其他区块链上价值超过 10 亿美元的美国国债的数字化。这一激增的部分原因是最近推出的贝莱德美元机构数字流动性基金（股票代码为“BUIDL”）。

BlackRock's fund debuted on Ethereum on March 20 and currently boasts a market capitalization of $244.8 million. According to data from Etherscan, four transactions totaling $95 million were made into the fund over the past seven days, propelling it to the position of the second-largest tokenized government securities fund.

贝莱德的基金于 3 月 20 日在以太坊上市，目前市值为 2.448 亿美元。根据 Etherscan 的数据，过去 7 天内该基金进行了四笔交易，总金额达 9500 万美元，使其成为第二大代币化政府证券基金。

Landmark Win for Coinbase Wallet in SEC Lawsuit, Bolstering DeFi

Coinbase 钱包在 SEC 诉讼中取得里程碑式胜利，支持 DeFi

In a significant development for the decentralized finance (DeFi) ecosystem, a U.S. judge has dismissed allegations against Coinbase Wallet, ruling that it does not constitute a broker. This decision is being hailed by crypto attorneys as a "major win" for self-custody wallets and DeFi applications.

去中心化金融（DeFi）生态系统的一项重大发展是，美国法官驳回了对 Coinbase Wallet 的指控，裁定其不构成经纪人。这一决定被加密货币律师誉为自助钱包和 DeFi 应用程序的“重大胜利”。

On March 27, U.S. District Judge Katherine Failla denied Coinbase's motion to dismiss a lawsuit filed by the U.S. Securities and Exchange Commission (SEC). The SEC had alleged that Coinbase's crypto staking offering was an unregistered security.

3 月 27 日，美国地区法官 Katherine Failla 驳回了 Coinbase 驳回美国证券交易委员会（SEC）提起的诉讼的动议。美国证券交易委员会 (SEC) 声称 Coinbase 的加密货币质押产品是未注册的证券。

However, the judge found that the SEC had not adequately alleged that Coinbase engaged in broker-dealer activities through Coinbase Wallet, a self-custody crypto wallet that gives users complete control over their assets.

然而，法官发现 SEC 没有充分指控 Coinbase 通过 Coinbase Wallet 从事经纪交易商活动，Coinbase Wallet 是一种自我托管的加密钱包，让用户可以完全控制自己的资产。

Jupiter DEX Launches Native DAO with $137 Million in Funding

Jupiter DEX 融资 1.37 亿美元推出 Native DAO

Jupiter, a decentralized exchange (DEX) on the Solana blockchain, has allocated 10 million USD Coin (USDC) and 100 million of its native JUP token, a combined $137 million at the time of writing, to launch its Jupiter DAO.

Jupiter 是 Solana 区块链上的去中心化交易所 (DEX)，已分配 1000 万美元代币 (USDC) 和 1 亿个原生 JUP 代币（截至撰写本文时总计 1.37 亿美元）来启动 Jupiter DAO。

In a March 27 announcement, Jupiter stated that the funding "provides the DAO with the ability to fund its operations with USDC and have a JUP allocation for long-term incentive alignment with J.U.P Contributors." The exchange added, "To ensure that the DAO will be able to execute on its key objectives over the long term, we will aim to top up the operational budget annually."

Jupiter 在 3 月 27 日的公告中表示，这笔资金“使 DAO 能够通过 USDC 为其运营提供资金，并获得 JUP 分配，以实现与 J.U.P 贡献者的长期激励一致。”该交易所补充道：“为了确保 DAO 能够长期执行其关键目标，我们的目标是每年增加运营预算。”

Foundation TVL Doubles in a Month, Memecoins Eyed as Growth Driver

基金会 TVL 在一个月内翻倍，Memecoins 被视为增长动力

The Ethereum layer-2 solution Base has seen its total value locked (TVL) double in less than a month, reaching $2.13 billion. Commentators speculate that Base could emerge as a potential hub for memecoins.

以太坊第 2 层解决方案 Base 的总锁定价值 (TVL) 在不到一个月的时间内翻了一番，达到 21.3 亿美元。评论家推测 Base 可能会成为模因币的潜在中心。

Base surpassed $1 billion in TVL on February 27, just 226 days after its August 2023 launch. Within 25 days, on March 23, the network had breached the $2 billion mark, according to data from L2Beat.

2 月 27 日，Base 的 TVL 突破 10 亿美元，距离 2023 年 8 月推出仅 226 天。根据 L2Beat 的数据，截至 3 月 23 日，该网络在 25 天内突破了 20 亿美元大关。

DeFi Sector Overview

DeFi 行业概览

Data from Cointelegraph Markets Pro and TradingView reveal that the top 100 DeFi tokens by market capitalization experienced a bearish week, with most trading in the red on the weekly charts. However, the total value locked in DeFi protocols has rebounded above $100 billion.

Cointelegraph Markets Pro 和 TradingView 的数据显示，市值排名前 100 的 DeFi 代币经历了看跌的一周，大多数交易在周线图上呈亏损状态。然而，DeFi 协议锁定的总价值已反弹至 1000 亿美元以上。

Conclusion

结论

This week's developments underscore the rapid evolution and growing significance of decentralized finance. The tokenization of real-world assets, the legal challenges faced by the SEC, the advancements in DeFi infrastructure, and the emergence of native DAOs all point to the continued maturation and potential of the DeFi ecosystem.

本周的事态发展凸显了去中心化金融的快速发展和日益增长的重要性。现实世界资产的代币化、SEC面临的法律挑战、DeFi基础设施的进步以及原生DAO的出现都表明了DeFi生态系统的持续成熟和潜力。