本周 DeFi 综述：TVL 激增、空投策略、新产品发布和黑客攻击

DeFi 周：Ethena 和 Wormhole 空投，随着整体市场略有复苏，BadgerDAO 的 eBTC LaunchDeFi 协议继续推出新产品和活动。 Ethena Labs 结束了其分片活动，向参与者分发 ENA 代币和空投。 Wormhole 宣布其 W 代币空投领取日期为 4 月 3 日。BadgerDAO 发布 eBTC，这是以太坊上的去中心化 BTC 期权，允许用户零费用借入 eBTC。以太坊 L2，包括 Linea、Base、Blast 和 Mode，在公告中见证了 TVL 的显着增加。

Week in DeFi: A Comprehensive Roundup of Key Developments

DeFi 周：关键进展综合综述

Market Overview

市场概况

The total value locked (TVL) across all blockchains has experienced a modest recovery, coinciding with Bitcoin's reclaiming of key levels and the resumption of positive Bitcoin ETF inflows after a period of net outflows. Notable exceptions to this trend include several Ethereum Layer 2 (L2) solutions, such as Linea, Base, Blast, and Mode, all of which have witnessed TVL increases in the 30% range.

所有区块链的总锁定价值（TVL）都经历了温和的复苏，与比特币恢复关键水平以及在一段时间的净流出后恢复正比特币 ETF 流入的时间一致。这一趋势的显着例外包括几个以太坊第 2 层 (L2) 解决方案，例如 Linea、Base、Blast 和 Mode，所有这些解决方案的 TVL 均增长了 30%。

Airdrops: Assessing and Maximizing Returns

空投：评估和最大化回报

In his discussion of the airdrop ecosystem, Alpha Central's Nouveau emphasizes the importance of evaluating and selecting airdrops based on factors such as protocol choice, capital usage, fees, and return on investment. He advises users to focus on high-conviction airdrops while employing a "spray and pray" approach with smaller amounts of capital. Additionally, he advocates for actively using tokenless protocols, exploring on-chain opportunities, and being prepared to exit underperforming farms.

在讨论空投生态系统时，Alpha Central 的 Nouveau 强调了根据协议选择、资本使用、费用和投资回报等因素评估和选择空投的重要性。他建议用户专注于高信念的空投，同时采用较小资金的“喷雾和祈祷”方法。此外，他主张积极使用无代币协议，探索链上机会，并准备退出表现不佳的农场。

Ethereum

以太坊

BadgerDAO Releases eBTC

BadgerDAO 发布 eBTC

BadgerDAO has launched eBTC, touted as the most decentralized form of Bitcoin (BTC) on Ethereum. This offering allows users to deposit various Ethereum-based assets, including ETH, WETH, stETH, and wstETH, to borrow eBTC without incurring fees and while earning staking yields from Lido Finance.

BadgerDAO 推出了 eBTC，被誉为以太坊上最去中心化的比特币 (BTC) 形式。该产品允许用户存入各种基于以太坊的资产，包括 ETH、WETH、stETH 和 wstETH，借入 eBTC，无需产生费用，同时还能从 Lido Finance 赚取质押收益。

AltLayer Introduces ALT Staking

AltLayer 推出 ALT 质押

AltLayer, a Rollup-as-a-Service protocol, has unveiled staking for its ALT token. Staking marks the inaugural phase in the rollout of MACH Alpha, a fast finality layer leveraging EigenLayer technology. The layer is initially designed to support Optimism and Arbitrum.

AltLayer 是一种 Rollup-as-a-Service 协议，它已经推出了 ALT 代币的质押。质押标志着 MACH Alpha 推出的初始阶段，MACH Alpha 是一个利用 EigenLayer 技术的快速最终层。该层最初设计用于支持 Optimism 和 Arbitrum。

Other Product Launches and Updates

其他产品发布和更新

• Ondo Finance: Enables 24/7 redemption and subscription to OUSG, its product investing in US Treasuries. Ondo will also transfer $95 million of OUSG's backing to BlackRock's BUIDL fund.
• Pike Finance: Announces tokenomics for its governance token, P. Pike has also conducted a presale, allowing PIU token holders to burn their tokens for a discounted price.
• EtherFi: Launches Points Season 2, distributing 5% of the ETHFI supply to participants until June 30th. Stakers accrue more points the longer they stake ETH.
• Notional Finance: Launches V3 on Ethereum mainnet, opening deposits in USDC, USDT, ETH, and rETH. NOTE incentives are available for users, optimizable through leveraged lending or borrowing strategies.
• Angle Protocol: Introduces USDA, its USD-pegged stablecoin, which operates alongside EURA, its Euro-pegged stablecoin. USDA holders can earn yield derived from real-world assets.

PrismaFi Hack and Subsequent Pause

Ondo Finance：支持 OUSG（其投资于美国国债的产品）的 24/7 赎回和认购。 Ondo 还将把 OUSG 的 9500 万美元支持转移给贝莱德的 BUIDL 基金。 Pike Finance：宣布其治理代币 P 的代币经济学。 Pike 还进行了预售，允许 PIU 代币持有者以折扣价销毁其代币。 EtherFi：推出积分第 2 季，在 6 月 30 日之前向参与者分发 5% 的 ETHFI 供应。质押者质押 ETH 的时间越长，获得的积分就越多。 名义金融：在以太坊主网上推出 V3，以 USDC、USDT、ETH 和 rETH 开设存款。注意激励措施可供用户使用，可通过杠杆借贷策略进行优化。Angle Protocol：推出与美元挂钩的稳定币 USDA，与与欧元挂钩的稳定币 EURA 一起运行。 USDA 持有者可以赚取现实世界资产的收益。 PrismaFi 黑客攻击和随后的暂停

PrismaFi, an ETH liquid staking token (LST) stablecoin protocol, has been subject to a hack resulting in the loss of $12 million worth of mkUSD and wstETH. The protocol has been paused, and its two stablecoins, mkUSD and ULTRA, are reported to have maintained overcollateralization.

PrismaFi 是一种 ETH 流动质押代币 (LST) 稳定币协议，遭到黑客攻击，导致价值 1200 万美元的 mkUSD 和 wstETH 损失。该协议已暂停，据报道其两种稳定币 mkUSD 和 ULTRA 仍维持超额抵押。

L2s

L2s

Linea Voyage: Surge Campaign

Linea Voyage：激增活动

ConsenSys-backed L2, Linea, has launched a new campaign called Linea Voyage: Surge. This campaign will run for six months or until Linea reaches 3 billion in TVL, whichever occurs first. It is implied that this will be the final campaign on the chain.

ConsenSys 支持的 L2 Linea 发起了一项名为 Linea Voyage：Surge 的新活动。该活动将持续六个月，或者直到 Linea 的 TVL 达到 30 亿（以先到者为准）。暗示这将是链上的最后一次活动。

Other Product Launches and Updates

其他产品发布和更新

• Hyperliquid: Announces upcoming support for spot trading and an airdrop of the PURR token to Hyperliquid point holders. 50% of the token supply will be distributed proportionally, and the remaining 50% will be allocated to liquidity provision.
• Maverick Protocol: Announces the upcoming Maverick V2 upgrade, which will enhance gas efficiency, provide flexibility over liquidity pools, and introduce directed MAV token incentives controlled through a vote-escrow token model.
• SithSwap: Launches the token sale for its governance token, SITH. STRK token holders can contribute to the sale, with 15% of the total token supply available. The sale concludes on April 5th.
• Munchables: A Blast-based NFT game, has been exploited for $62.5 million by a rogue developer. The funds have been returned to the protocol.

Airdrops

Hyperliquid：宣布即将支持现货交易，并向 Hyperliquid 积分持有者空投 PURR 代币。代币供应量的 50% 将按比例分配，剩余 50% 将分配给流动性供应。Maverick Protocol：宣布即将进行 Maverick V2 升级，这将提高 Gas 效率，提供流动性池的灵活性，并引入定向 MAV 代币通过投票托管代币模型控制激励。SithSwap：启动其治理代币 SITH 的代币销售。 STRK 代币持有者可以为销售做出贡献，占可用代币供应总量的 15%。销售将于 4 月 5 日结束。 Munchables：一款基于 Blast 的 NFT 游戏，已被流氓开发商利用，获利 6250 万美元。资金已返还至协议。空投

Ethena Shards Campaign Conclusion

Ethena 碎片活动结论

Stablecoin protocol Ethena has concluded its Shards campaign, with the token generation event (TGE) and airdrop scheduled for April 2nd. The top 2,000 accounts by Shards will be subject to a linear vesting period for half of their allocated tokens.

稳定币协议 Ethena 已结束其分片活动，代币生成活动 (TGE) 和空投计划于 4 月 2 日举行。 Shards 的前 2,000 个账户将有一半分配代币的线性归属期。

Wormhole W Token Airdrop Claim Date

虫洞 W 代币空投领取日期

Interoperability layer Wormhole has announced April 3rd as the claim date for the W token airdrop.

互操作层 Wormhole 宣布 4 月 3 日为 W 代币空投的领取日期。

Orderly Network Trading Campaign

网络交易活动有序进行

Omni-chain orderbook DEX Orderly Network has launched its gamified trading campaign, "The Road to Order." Users earn "Merits" for a share of the Orderly Network token at launch. A significant portion of the airdrop will be allocated to campaign participants.

全链订单簿DEX Orderly Network推出游戏化交易活动“订单之路”。用户在推出时获得有序网络代币份额的“功德”。空投的很大一部分将分配给活动参与者。

Tweet of the Week

本周推文

Eugene highlights the emergence of memecoins as the preferred beta for L1 trading, citing the recent surge in WIF and Base memecoins.

Eugene 强调了 memecoins 作为 L1 交易的首选测试版的出现，并引用了最近 WIF 和 Base memecoins 的激增。

Stay informed about your favorite projects and anticipate next week's edition, where we will continue to monitor the evolving DeFi landscape.

随时了解您最喜欢的项目并期待下周的版本，我们将继续监控不断发展的 DeFi 格局。