Home
Notification
Profile
Trending Articles
News
Bookmarked and Liked
Creator Center
Settings
Joshua Xie
2
Posts
Follow
LIVE
Joshua Xie
@Square-Creator-46fc19142
Follow
Twitter: @JoshXie1 Investor of ETH; CPA CFA MBA MD PhD LLM
Following
Followers
Liked
Shared
All Content
LIVE
LIVE
Joshua Xie
--
è§ŁéDeFiçć·„ć ·çź±ïŒArbitrumäžèŹććć±çææćèźź#arbitrum #DeFi #ææ #Dopex #JonesDAO èæŻ æèżïŒäŒć€éĄčçźćźæšéœćâMondayâç掻ćšćŒćäș性柶ćŻčäșArbitrumç©șæççæłïŒèœç¶æŻè„é掻ćšćŒćçææ ç»ȘïŒäœAribitrumä»æ18äșżçŸć TVLäœćL2珏äžçććźćșæŹéąăArbitrumäžæèźžć€äŒèŽšDeFiéĄčçźæŻćžćŒè”éèżć „çć łéźïŒGMXèŻć„œçéŸäžćçșŠäș€æäœéȘćžćŒäș性éçćźçšæ·èżć „äș€æïŒèäș€æçćąć€éèŠæŽäœłçæ”ćšæ§ïŒćæ°çèą«ćšæ¶çäș§ćć°±æŻćžćŒæ”ćšæ§æäŸè çćŠäžäžȘéŁèœźïŒć æŹćŽç»GLPçæ¶ççç„ïŒéèżææçæć©éæ„æäŸçćźæ¶ççă æŹæć°ä»ç»ArbitrumçéŸäžææçæăæææŻæćšæȘæ„çčćźæ¶éŽä»„çčćźä»·æ Œäč°ć „æććșäžćźæ°éçæ çç©çæć©ăäžșè·ćŸèżäžæć©ïŒææäč°æčéććæčæŻä»æć©éïŒèćæčéèŠćšéæ©æèą«èĄäœżæ¶æżæ 汄çșŠäčćĄăćŸ1ć±ç€șäșææçæ¶çéæ çç©ććçæ ć”ïŒ ćŸèĄš 1ïŒææéæ çç©ä»·æ Œććççäșç€șæ æææŻćŠæ€éèŠïŒćŠæäș€ææŻäžæé€ćïŒéŁäčææć°±æŻäžäžȘć·„ć ·çź±ïŒææäžä» ćŻä»„çšæéæŹéććæŽć€§çæ¶çïŒèżć°æç Žä» èœć€ç©șæčćæ§æŒæłšçç°ç¶ïŒćäčé«ç§Żæšäžæ ·ç»ćæ„æŽć ç”掻çćźç°ćŻčćČććąć æ¶çïŒć æ€æèŻć„œæ”ćšæ§çææćžćșćŻčäșDeFiçćć±èłć łéèŠă 21ćčŽææäș€æéąèŸŸć°äș4600äșżçŸć ïŒèŸ20ćčŽćąéżäș6ćïŒć ¶äžDeribitć æźäșç»ć€§éšćçäș€æéąăèéŸäžææćžćșçTVLäčćš22Q1æ©ć€§äș3ćïŒćąéżèżè¶ æŽäžȘ DeFiăææçžæŻäș€æăć获æŽć€æïŒć æ€éèŠæŽéżçæ¶éŽèą«çšæ·æ„ćïŒäœćźæææäș€æççšæ·äș€æäčć æ€æäčé性ïŒéąćæŁæ·çäșèçœćžćRobinhoodéèżéäœææçæäœéšæ§ïŒćš21ćčŽćźç°18äșżçŸć æ¶ć „ïŒç»ć€§éšćç±çšæ·çææäș€æèŽĄçźă ćŸèĄš 2ïŒèȘä»21ćčŽQ4ïŒææéćșçćąéèżè¶ èżDeFi çźćéŸäžææçćäžè æææćžćșïŒćèźąćç°żćAMMæšĄćŒïŒïŒç»æćäș§ćïŒććžćçă ćŸèĄš 3ïŒææçæçç»ææč æ©ćš2019ćčŽïŒOpynć°±ćŒć§ćšETHæšćșćșäșèźąćç°żçææćžćșïŒäœç±äșgas èŽčé«äžäč°ćä»·ć·źé枞性ïŒäž»ćšäș€æççšæ·äžć€ïŒć·ČèœŹććŒćç»æćäș§ćăć ¶äœéçšèźąćç°żçææćžćșæSolanaäžçZeta MarketsïŒćOptimismäžçAMMćææćžćșLyraă ç»æćäș§ćéèżçšçźćçćæŹŸè”ćæ¶çæ„代æżć€æçææćźä»·ïŒćææćžćșç»ćæšćšäșéŸäžææçéçšăä»ŁèĄšäžșRibbon FinanceïŒçšæ·ćšææéćșïŒDOVïŒćć „è”éïŒæŻäžȘéćșéœæ§èĄæąćźçćșäșææçæ¶ççç„ïŒä»„ææźéçć€ć ç涚ææçç„äžșäŸïŒ 1.       çšæ·ćć „ETHć°éćș 2.       Ribbon FinancećšOpynäžććșETHçæ·±ćșŠä»·äœç涚ææ 3.       Opynéžé ä»ŁèĄšç涚ææçtokenćč¶ćšććžćéŽæć 4.Â Â Â Â Â Â Â è”ąćŸæćçäč°ćź¶è·ćŸèŽäč°èŻ„ç涚ææççœćććč¶æŻä»æć©é 5.       è„ćšć°ææ„ïŒèĄæä»·é«äșćžćșä»·ïŒćDOVæè”è ćŻæ¶ćæć©éăè„ETHä»·æ Œäžćèłé«äșèĄæä»·ïŒITMïŒïŒćæè”è çæ怱äžșè¶ èżèĄæä»·éšćç涚ćč ă ćŸèĄš 4ïŒć€ć ç涚ææçæ¶çćŻčæŻä» ææETHç°èŽ§ ææéćșïŒDOVïŒäžæčéąææè§Łćłäșææćžćșæ”ćšæ§çŒșäčçéźéąïŒäžæčéąćșäșææçç»æćäș§ććçšæ·æäŸäșçćźæ¶çăäœä»æèźžć€èŠæčèżçć°æčïŒćŠææćźä»·ïŒéäžæććć°æćäœæ¶çïŒçšæ·äœżçšéšæ§é«çă Opynäœäžșææćèźźć èĄè ä»ææé«çTVLïŒäœè”éäž»èŠćšETHäžăçžæŻäčäžïŒDopexçäŒćżćšäșL2äžGasæŽäœïŒäș§ććæ°ïŒćŻä»„äžArbitrumäž°ćŻçDeFiéĄčçźćäœïŒJones DAOćçšææćąćŒșćç±»LPè”äș§çæ¶ççç»æćäș§ćïŒèżäžæ„éäœæè”ææçéšæ§ă ćŸèĄš 5ïŒéŸäžææćèźźćŻčæŻ Dopex DopexæąæŻäžäžȘć»äžćżćçæŹ§ćŒææćžćșïŒäčćçšæ·æäŸç»æćäș§ććŠïŒććžèŽšæŒææćșïŒSSOVïŒïŒć€§è„żæŽææççç„ă äș§ćèźŸèźĄ ććžèŽšæŒæææ± ïŒsingle stake option vaultïŒä»„äžçźç§°SSOVïŒ SSOVæŻäžç§äœéŁé©çć€ć ç涚ææçç„ïŒcovered call optionïŒïŒæè”è ćć „ććžćč¶ććșćŻčćșçæŹ§ćŒç涚ææïŒćč¶éæ©èĄæä»·ăè„ć°ææ¶æ çä»·æ Œ<èĄæä»·ïŒććŻæ¶ćæć©éïŒè„æ çä»·>èĄæä»·ïŒćè·ćŸæć©éïŒäœæć€±è¶ èżèĄæä»·éšćç涚ćč ïŒćšćžæŹäœæææ怱ïŒăç±äșæŻæŹ§ćŒææïŒć°æćïŒäžèŹäžș1äžȘæïŒæŹéćć„ć±æ æłæćăæłć°æćèœŹèź©ćŻä»„ćšDopexćčłć°ćșćźïŒæè äœżçšJones DAOçæčæĄă ć€§è„żæŽææïŒAtlantic OptionïŒä»„äžçźç§°ACïŒ ć€§è„żæŽææçćæ°äčć€æŻć èźžć°ææćæčçæ”æŒç©ćç»ææäč°ćź¶ăäŸćŠïŒćŠæäœ äč°ć „ETH ç涚ææïŒćŻä»„ććșææäč°ćź¶æ”æŒçETHăäč°ć „ETHçè·ææïŒäœ ćŻä»„ćć „æ”æŒççšłćźćžăćŻčäșææćæčèèšć„œć€æäșïŒ1. è”éć©çšæçæŽé« 2. ä» ćšä»·æ ŒäžèĄæäșæéŁé©ă ć€§è„żæŽææçźćæ䞀äžȘćŻçšćșçšïŒè·šćŒć„ć©ïŒlong straddlesïŒăæ°žç»ćçșŠäżé©ă è·šćŒć„ć©ççć©ç€șæ è·šćŒć„ć©æŻäžç§äžæ¶šćäžè·ææäč°ćź¶éœćŻä»„è·ć©ççç„ïŒäžèŹç±æ§èĄä»·æ Œăć°ææ„ăæ çè”äș§ćçžćçäžä»œä»·ć ç涚ææćäžä»œçè·ææç»æăćšć€§è„żæŽææäžïŒäč°æčćȘäč°ć „äžä»œææïŒç¶ććć „50%çæ”æŒćäč°ć „æ çè”äș§ïŒć°±ćźç°äșè·šćŒææäșææéïŒćšäžæ¶šćäžè·äžććŻè·ć©ççčçčăćŠäžćŸèźĄçźçæ æŻïŒèŽäč°1äžȘETHćäœççè·ææïŒćč¶ćć „50%çæ”æŒćèŽäč°0.5ETHç»æçè·šćŒć„ć©ïŒäč°æčćšä»·æ Œæłąćš11%仄äžćŻè·ć©ă ć€§è„żæŽææäč°æčççäșæ æŻćæ GMXçæ°žç»ćçșŠäżé© ć€§è„żæŽææć·ČćGMXćäœäœäžșæ°žç»ćçșŠçäżé©ïŒćèźŸæçć€ć€ŽćçșŠćšETHè·èł1500äŒèą«æž çźïŒæćŻä»„ćć „è¶łć€çETHèĄ„ć äżèŻéïŒäčćŻä»„ćšDopexèŽäč°èĄæä»·1550ççè·ææäœäžșäżé©ïŒćœä»·æ Œè·ć°1550æ¶ïŒæșćšäșșäŒć°ææćæčçæ”æŒććć „GMXçćçșŠäžæ„äżèŻć ¶äžäŒèą«æž çźïŒè”éć çšæŽć°ăDopexć°æ¶ćäžșGMXæäŸäżé©çćçșŠäș€æéąçșŠ1.5%äœäžșæç»èŽčïŒèGMXæŻæçäș€æéąçșŠ40äșżçŸć ïŒćèźŸ10%çćçșŠäș€æéąäœżçšäșDopexçć€§è„żæŽææäżé©ïŒćć°ćžŠæ„æŻæ600äžçŸć æ¶ć „ă GMX long insured perp 代ćžç»æ” Dopex éçšć代ćžæšĄćïŒDPXäžșæČ»ç代ćžćč¶ćäžæ¶ć „ćé ïŒrDPXäžșèĄ„ćżæ怱çä»Łćž DPX éćźæ»é 50 äžæïŒć·Čæ48%èżć „æ”éăéćźäžșveDPXćŻćäžæ¶çćé ććäžæČ»çæç„šïŒćšv2çæŹćŒćŻïŒïŒçźććèźźæç»èŽč100%ćé ç»veDPXïŒä»„DPXćæŸïŒă rDPXćæŹäžșèĄ„ćżææćæčæ怱èéžé çèĄ„ćżæ§ä»Łćžăç°ćšć·Čç»ćæąææŸïŒćš1æććžç俥æŻäžïŒrDPXć°ćšv2èą«çšäșéžé ćæè”äș§ă Dopex代ćžDPXćé Jones DAO Jones DAOæŻäžäžȘèȘćšćæ¶çäș§ćïŒèź©çšæ·æ éçè§Łææç„èŻäčćŻäœżçšæææè”ăæOption VaultsăMetaVaultsăGLP & USDC vaultsäžæŹŸæ¶ççç„ăJones DAOćDopexćäœćŻćïŒć äžșDopexçćć§äșș@witherblockäčæŻJonesDAOçæè”äșșïŒOption VaultsăMetaVaultsçäž»èŠæè”çç„ć°±æŻćšDopexäžèŽäč°ææă äș§ćèźŸèźĄ ææéćșïŒOption VaultsïŒ æè”è ćŻć°ććžïŒETHïŒGOHMïŒDPXïŒRDPXïŒèŽšæŒć°ææéćșçæŻè·ćŸJAssetsïŒćšææŹŸæ¶ïŒJAssets代ćžéæŻćč¶æżćè”äș§ăJones DAOçææéćșä»ç¶æŻæè”ć°Dopex SSOVïŒäœć ¶æ¶ççć±ç€șèŸDopexæŽć çŽè§ăäžJonesè§ŁćłäșæŹ§ćŒææäžéæ æłéćșçéźéąïŒJAssetsçšç±»äŒŒćșéććŒçæŠćż”èź©ä»œéąćšć°æććŻä»„èœŹèź©ïŒæćäșæ”ćšæ§ă Jones DAOććžèŽšæŒæææ± æ¶ç Metavaults æè”è ćŻćć „çæŻçLPè”äș§ć°Metavaultsăçšæ·ćŻä»„éæ© âçæçâïŒćŻčćșć°LPæ¶ççšäșèŽäč°ć°ææ¶éŽäžș1ćšçç涚æçè·ææăæ čæźćźæčć Źćžçćæ”æ°æźïŒæ èźșæŻèŽć „ç涚èżæŻçè·ææïŒmetavaultsçæ¶çćć„œäșä» ææLPè”äș§ă metavaultsæ¶çćŻčæŻä» ææLPè”äș§ Jones GLP & USDC vaults 仄GLPäœäžșćșć±è”äș§ïŒć èźžçšæ·æć „USDCć°jUSDCè·ćŸèŸäœéŁé©çæ¶çïŒæè GLPć°jGLPè·ćŸćæ„é«äœéŁé©äčé«çæ¶çăćçæŻjUSDCéćșćé±ç»jGLPéćșæŸć€§æ æèŽäč°GLPæ„ćąć æ¶çïŒjGLPéćșćäș«äžéšćæ¶çç»jUSDCăèŻ„çç„1æäžçșżć°±äœżćèźźçTVLćąć äș9ćă æ»ç» DopexçćŽè”·é€äșäș§ćć±éąäžæćæ°ïŒèżćæŸć°äșäžșGMXćçșŠæäŸäżé©èżäžäžæćąć çćșçšćșæŻæć łïŒèżæŻèŸæ©è”·æ„çETHäž»çœäžææćèźźæäžć ·ć€çäŒćżăćŻä»„èŻŽææäœäžșć·„ć ·ç»ćć „ć ¶ä»DeFićèźźäčæŻæȘæ„éŸäžææçćć±æčćă ćèäżĄæŻ https://tokeninsight.com/en/research/reports/tokeninsight-2021-crypto-trading-annual-review https://dopexanalytics.io/ https://docs.jonesdao.io/jones-dao/ https://jonesdao.ghost.io/tokenomics-revenue-fee-structure/ https://www.paradigm.co/blog/ribbon-explained-super-simply
è§ŁéDeFiçć·„ć ·çź±ïŒArbitrumäžèŹććć±çææćèźź
#arbitrum
#DeFi
#ææ
#Dopex
#JonesDAO
èæŻ
æèżïŒäŒć€éĄčçźćźæšéœćâMondayâç掻ćšćŒćäș性柶ćŻčäșArbitrumç©șæççæłïŒèœç¶æŻè„é掻ćšćŒćçææ ç»ȘïŒäœAribitrumä»æ18äșżçŸć TVLäœćL2珏äžçććźćșæŹéąăArbitrumäžæèźžć€äŒèŽšDeFiéĄčçźæŻćžćŒè”éèżć „çć łéźïŒGMXèŻć„œçéŸäžćçșŠäș€æäœéȘćžćŒäș性éçćźçšæ·èżć „äș€æïŒèäș€æçćąć€éèŠæŽäœłçæ”ćšæ§ïŒćæ°çèą«ćšæ¶çäș§ćć°±æŻćžćŒæ”ćšæ§æäŸè çćŠäžäžȘéŁèœźïŒć æŹćŽç»GLPçæ¶ççç„ïŒéèżææçæć©éæ„æäŸçćźæ¶ççă
æŹæć°ä»ç»ArbitrumçéŸäžææçæăæææŻæćšæȘæ„çčćźæ¶éŽä»„çčćźä»·æ Œäč°ć „æććșäžćźæ°éçæ çç©çæć©ăäžșè·ćŸèżäžæć©ïŒææäč°æčéććæčæŻä»æć©éïŒèćæčéèŠćšéæ©æèą«èĄäœżæ¶æżæ 汄çșŠäčćĄăćŸ1ć±ç€șäșææçæ¶çéæ çç©ććçæ ć”ïŒ
ćŸèĄš 1ïŒææéæ çç©ä»·æ Œććççäșç€șæ
æææŻćŠæ€éèŠïŒćŠæäș€ææŻäžæé€ćïŒéŁäčææć°±æŻäžäžȘć·„ć ·çź±ïŒææäžä» ćŻä»„çšæéæŹéććæŽć€§çæ¶çïŒèżć°æç Žä» èœć€ç©șæčćæ§æŒæłšçç°ç¶ïŒćäčé«ç§Żæšäžæ ·ç»ćæ„æŽć ç”掻çćźç°ćŻčćČććąć æ¶çïŒć æ€æèŻć„œæ”ćšæ§çææćžćșćŻčäșDeFiçćć±èłć łéèŠă
21ćčŽææäș€æéąèŸŸć°äș4600äșżçŸć ïŒèŸ20ćčŽćąéżäș6ćïŒć ¶äžDeribitć æźäșç»ć€§éšćçäș€æéąăèéŸäžææćžćșçTVLäčćš22Q1æ©ć€§äș3ćïŒćąéżèżè¶ æŽäžȘ DeFiăææçžæŻäș€æăć获æŽć€æïŒć æ€éèŠæŽéżçæ¶éŽèą«çšæ·æ„ćïŒäœćźæææäș€æççšæ·äș€æäčć æ€æäčé性ïŒéąćæŁæ·çäșèçœćžćRobinhoodéèżéäœææçæäœéšæ§ïŒćš21ćčŽćźç°18äșżçŸć æ¶ć „ïŒç»ć€§éšćç±çšæ·çææäș€æèŽĄçźă
ćŸèĄš 2ïŒèȘä»21ćčŽQ4ïŒææéćșçćąéèżè¶ èżDeFi
çźćéŸäžææçćäžè æææćžćșïŒćèźąćç°żćAMMæšĄćŒïŒïŒç»æćäș§ćïŒććžćçă
ćŸèĄš 3ïŒææçæçç»ææč
æ©ćš2019ćčŽïŒOpynć°±ćŒć§ćšETHæšćșćșäșèźąćç°żçææćžćșïŒäœç±äșgas èŽčé«äžäč°ćä»·ć·źé枞性ïŒäž»ćšäș€æççšæ·äžć€ïŒć·ČèœŹććŒćç»æćäș§ćăć ¶äœéçšèźąćç°żçææćžćșæSolanaäžçZeta MarketsïŒćOptimismäžçAMMćææćžćșLyraă
ç»æćäș§ćéèżçšçźćçćæŹŸè”ćæ¶çæ„代æżć€æçææćźä»·ïŒćææćžćșç»ćæšćšäșéŸäžææçéçšăä»ŁèĄšäžșRibbon FinanceïŒçšæ·ćšææéćșïŒDOVïŒćć „è”éïŒæŻäžȘéćșéœæ§èĄæąćźçćșäșææçæ¶ççç„ïŒä»„ææźéçć€ć ç涚ææçç„äžșäŸïŒ
1.       çšæ·ćć „ETHć°éćș
2.       Ribbon FinancećšOpynäžććșETHçæ·±ćșŠä»·äœç涚ææ
3.       Opynéžé ä»ŁèĄšç涚ææçtokenćč¶ćšććžćéŽæć
4.Â Â Â Â Â Â Â è”ąćŸæćçäč°ćź¶è·ćŸèŽäč°èŻ„ç涚ææççœćććč¶æŻä»æć©é
5.       è„ćšć°ææ„ïŒèĄæä»·é«äșćžćșä»·ïŒćDOVæè”è ćŻæ¶ćæć©éăè„ETHä»·æ Œäžćèłé«äșèĄæä»·ïŒITMïŒïŒćæè”è çæ怱äžșè¶ èżèĄæä»·éšćç涚ćč ă
ćŸèĄš 4ïŒć€ć ç涚ææçæ¶çćŻčæŻä» ææETHç°èŽ§
ææéćșïŒDOVïŒäžæčéąææè§Łćłäșææćžćșæ”ćšæ§çŒșäčçéźéąïŒäžæčéąćșäșææçç»æćäș§ććçšæ·æäŸäșçćźæ¶çăäœä»æèźžć€èŠæčèżçć°æčïŒćŠææćźä»·ïŒéäžæććć°æćäœæ¶çïŒçšæ·äœżçšéšæ§é«çă
Opynäœäžșææćèźźć èĄè ä»ææé«çTVLïŒäœè”éäž»èŠćšETHäžăçžæŻäčäžïŒDopexçäŒćżćšäșL2äžGasæŽäœïŒäș§ććæ°ïŒćŻä»„äžArbitrumäž°ćŻçDeFiéĄčçźćäœïŒJones DAOćçšææćąćŒșćç±»LPè”äș§çæ¶ççç»æćäș§ćïŒèżäžæ„éäœæè”ææçéšæ§ă
ćŸèĄš 5ïŒéŸäžææćèźźćŻčæŻ
Dopex
DopexæąæŻäžäžȘć»äžćżćçæŹ§ćŒææćžćșïŒäčćçšæ·æäŸç»æćäș§ććŠïŒććžèŽšæŒææćșïŒSSOVïŒïŒć€§è„żæŽææççç„ă
äș§ćèźŸèźĄ
ććžèŽšæŒæææ± ïŒsingle stake option vaultïŒä»„äžçźç§°SSOVïŒ
SSOVæŻäžç§äœéŁé©çć€ć ç涚ææçç„ïŒcovered call optionïŒïŒæè”è ćć „ććžćč¶ććșćŻčćșçæŹ§ćŒç涚ææïŒćč¶éæ©èĄæä»·ăè„ć°ææ¶æ çä»·æ Œ<èĄæä»·ïŒććŻæ¶ćæć©éïŒè„æ çä»·>èĄæä»·ïŒćè·ćŸæć©éïŒäœæć€±è¶ èżèĄæä»·éšćç涚ćč ïŒćšćžæŹäœæææ怱ïŒăç±äșæŻæŹ§ćŒææïŒć°æćïŒäžèŹäžș1äžȘæïŒæŹéćć„ć±æ æłæćăæłć°æćèœŹèź©ćŻä»„ćšDopexćčłć°ćșćźïŒæè äœżçšJones DAOçæčæĄă
ć€§è„żæŽææïŒAtlantic OptionïŒä»„äžçźç§°ACïŒ
ć€§è„żæŽææçćæ°äčć€æŻć èźžć°ææćæčçæ”æŒç©ćç»ææäč°ćź¶ăäŸćŠïŒćŠæäœ äč°ć „ETH ç涚ææïŒćŻä»„ććșææäč°ćź¶æ”æŒçETHăäč°ć „ETHçè·ææïŒäœ ćŻä»„ćć „æ”æŒççšłćźćžăćŻčäșææćæčèèšć„œć€æäșïŒ1. è”éć©çšæçæŽé« 2. ä» ćšä»·æ ŒäžèĄæäșæéŁé©ă
ć€§è„żæŽææçźćæ䞀äžȘćŻçšćșçšïŒè·šćŒć„ć©ïŒlong straddlesïŒăæ°žç»ćçșŠäżé©ă
è·šćŒć„ć©ççć©ç€șæ
è·šćŒć„ć©æŻäžç§äžæ¶šćäžè·ææäč°ćź¶éœćŻä»„è·ć©ççç„ïŒäžèŹç±æ§èĄä»·æ Œăć°ææ„ăæ çè”äș§ćçžćçäžä»œä»·ć ç涚ææćäžä»œçè·ææç»æăćšć€§è„żæŽææäžïŒäč°æčćȘäč°ć „äžä»œææïŒç¶ććć „50%çæ”æŒćäč°ć „æ çè”äș§ïŒć°±ćźç°äșè·šćŒææäșææéïŒćšäžæ¶šćäžè·äžććŻè·ć©ççčçčăćŠäžćŸèźĄçźçæ æŻïŒèŽäč°1äžȘETHćäœççè·ææïŒćč¶ćć „50%çæ”æŒćèŽäč°0.5ETHç»æçè·šćŒć„ć©ïŒäč°æčćšä»·æ Œæłąćš11%仄äžćŻè·ć©ă
ć€§è„żæŽææäč°æčççäșæ æŻćæ
GMXçæ°žç»ćçșŠäżé©
ć€§è„żæŽææć·ČćGMXćäœäœäžșæ°žç»ćçșŠçäżé©ïŒćèźŸæçć€ć€ŽćçșŠćšETHè·èł1500äŒèą«æž çźïŒæćŻä»„ćć „è¶łć€çETHèĄ„ć äżèŻéïŒäčćŻä»„ćšDopexèŽäč°èĄæä»·1550ççè·ææäœäžșäżé©ïŒćœä»·æ Œè·ć°1550æ¶ïŒæșćšäșșäŒć°ææćæčçæ”æŒććć „GMXçćçșŠäžæ„äżèŻć ¶äžäŒèą«æž çźïŒè”éć çšæŽć°ăDopexć°æ¶ćäžșGMXæäŸäżé©çćçșŠäș€æéąçșŠ1.5%äœäžșæç»èŽčïŒèGMXæŻæçäș€æéąçșŠ40äșżçŸć ïŒćèźŸ10%çćçșŠäș€æéąäœżçšäșDopexçć€§è„żæŽææäżé©ïŒćć°ćžŠæ„æŻæ600äžçŸć æ¶ć „ă
GMX long insured perp
代ćžç»æ”
Dopex éçšć代ćžæšĄćïŒDPXäžșæČ»ç代ćžćč¶ćäžæ¶ć „ćé ïŒrDPXäžșèĄ„ćżæ怱ç代ćž
DPX éćźæ»é 50 äžæïŒć·Čæ48%èżć „æ”éăéćźäžșveDPXćŻćäžæ¶çćé ććäžæČ»çæç„šïŒćšv2çæŹćŒćŻïŒïŒçźććèźźæç»èŽč100%ćé ç»veDPXïŒä»„DPXćæŸïŒă
rDPXćæŹäžșèĄ„ćżææćæčæ怱èéžé çèĄ„ćżæ§ä»Łćžăç°ćšć·Čç»ćæąææŸïŒćš1æććžç俥æŻäžïŒrDPXć°ćšv2èą«çšäșéžé ćæè”äș§ă
Dopex代ćžDPXćé
Jones DAO
Jones DAOæŻäžäžȘèȘćšćæ¶çäș§ćïŒèź©çšæ·æ éçè§Łææç„èŻäčćŻäœżçšæææè”ăæOption VaultsăMetaVaultsăGLP & USDC vaultsäžæŹŸæ¶ççç„ăJones DAOćDopexćäœćŻćïŒć äžșDopexçćć§äșș@witherblockäčæŻJonesDAOçæè”äșșïŒOption VaultsăMetaVaultsçäž»èŠæè”çç„ć°±æŻćšDopexäžèŽäč°ææă
äș§ćèźŸèźĄ
ææéćșïŒOption VaultsïŒ
æè”è ćŻć°ććžïŒETHïŒGOHMïŒDPXïŒRDPXïŒèŽšæŒć°ææéćșçæŻè·ćŸJAssetsïŒćšææŹŸæ¶ïŒJAssets代ćžéæŻćč¶æżćè”äș§ăJones DAOçææéćșä»ç¶æŻæè”ć°Dopex SSOVïŒäœć ¶æ¶ççć±ç€șèŸDopexæŽć çŽè§ăäžJonesè§ŁćłäșæŹ§ćŒææäžéæ æłéćșçéźéąïŒJAssetsçšç±»äŒŒćșéććŒçæŠćż”èź©ä»œéąćšć°æććŻä»„èœŹèź©ïŒæćäșæ”ćšæ§ă
Jones DAOććžèŽšæŒæææ± æ¶ç
Metavaults
æè”è ćŻćć „çæŻçLPè”äș§ć°Metavaultsăçšæ·ćŻä»„éæ© âçæçâïŒćŻčćșć°LPæ¶ççšäșèŽäč°ć°ææ¶éŽäžș1ćšçç涚æçè·ææăæ čæźćźæčć Źćžçćæ”æ°æźïŒæ èźșæŻèŽć „ç涚èżæŻçè·ææïŒmetavaultsçæ¶çćć„œäșä» ææLPè”äș§ă
metavaultsæ¶çćŻčæŻä» ææLPè”äș§
Jones GLP & USDC vaults
仄GLPäœäžșćșć±è”äș§ïŒć èźžçšæ·æć „USDCć°jUSDCè·ćŸèŸäœéŁé©çæ¶çïŒæè GLPć°jGLPè·ćŸćæ„é«äœéŁé©äčé«çæ¶çăćçæŻjUSDCéćșćé±ç»jGLPéćșæŸć€§æ æèŽäč°GLPæ„ćąć æ¶çïŒjGLPéćșćäș«äžéšćæ¶çç»jUSDCăèŻ„çç„1æäžçșżć°±äœżćèźźçTVLćąć äș9ćă
æ»ç»
DopexçćŽè”·é€äșäș§ćć±éąäžæćæ°ïŒèżćæŸć°äșäžșGMXćçșŠæäŸäżé©èżäžäžæćąć çćșçšćșæŻæć łïŒèżæŻèŸæ©è”·æ„çETHäž»çœäžææćèźźæäžć ·ć€çäŒćżăćŻä»„èŻŽææäœäžșć·„ć ·ç»ćć „ć ¶ä»DeFićèźźäčæŻæȘæ„éŸäžææçćć±æčćă
ćè俥æŻ
https://tokeninsight.com/en/research/reports/tokeninsight-2021-crypto-trading-annual-review
https://dopexanalytics.io/
https://docs.jonesdao.io/jones-dao/
https://jonesdao.ghost.io/tokenomics-revenue-fee-structure/
https://www.paradigm.co/blog/ribbon-explained-super-simply
ETH
SOL
OP
LIVE
LIVE
Joshua Xie
--
GMXïŒçćžéćżćąéżçć»äžćżćèĄçćäș€ææèæŻïŒć»äžćżćèĄçćäș€ææç淚性æșäŒ 22ćčŽćèłä»ïŒć ćŻèŽ§ćžćžćŒç±2.2äžäșżçŸć æ»èœèł8500äșżçŸć ïŒæŒ«éżççćžæ性æć»äșæè”è ç俥ćżćææșéæ±ïŒDeFićèźźæ»éä»ä»·ćŒïŒTVLïŒäčä»ćčŽćç1670äșżçŸć äžéć°äș440äșżçŸć ăç¶èïŒ21ćčŽ8æäžçșżçć»äžćżćæ°žç»ćçșŠäș€æćèźźGMXćŽćšçćžäžè”°ćșäșçŹç«èĄæ ïŒä»„çŸć èźĄä»·çTVLçšłæ„ćąéżïŒćžćŒäč蟟ć°äșèż3äșżçŸć ă ćŸèĄš 1ïŒGMXçTVLććžćŒćšèżć»12äžȘæäżæćąéż ćŸèĄš 2ïŒæ30怩ćœć±ćèźźæ¶ć „æćșïŒGMXäœć珏4 ćžćșæșäŒ äžäŒ ç»éèćžćșäžèŽçæŻïŒć ćŻćžćșçèĄçćäș€æçćžćșè§æšĄèŠć€§äșç°èŽ§äș€æăæ čæźTokenInsightïŒ21ćčŽQ2æ°žç»ćçșŠćéĄčççäș€æéäžș19äžäșżçŸć ïŒçžćœäșæŻć€©çäș€æéè¶ èż2000äșżçŸć ïŒć·Čç»è¶ è¶äșç°èŽ§ăè„ć ćŻèŽ§ćžçæ»ćžćŒćš5ćčŽć 蟟ć°10äžäșżçŸć ïŒäŒŽéçèĄçćäș€æéćŻèœäŒèŸŸć°70-100äžäșżçŸć ă æ°žç»ćçșŠæŻć ćŻèŽ§ćžäș€æéąćæçŹæçæ莧ćçșŠïŒäčæŻçźćäș€æéæé«çèĄçćäčäžïŒćźæŻć èźžæè”è ćšćçșŠäžäœżçšæ æć»șç«ć€ŽćŻžăäœäžäŒ ç»ćçșŠäžćçæŻïŒæ°žç»ćçșŠæČĄæć°ææ„ăäžșäșéżć æèŽ§ä»·æ Œć犻æ çèżć€ïŒćŸćŸéçšćźæè”éç»çźäœżæ°žç»ćçșŠèĄçćçćžćșä»·æ Œćć 涔价ćŒććœă ćŸèĄš 3ïŒTokeninsight21ćčŽQ2ć ćŻè”äș§äș€æéąææ ć·Čæ15%ç°èŽ§äș€æéąéèżć»äžćżćäș€ææïŒDEXïŒćźç°ïŒèéèżDEXäș€æçæ°žç»ćçșŠä» ć 2%ïŒć°æćŸć€§æćç©șéŽăçźćBitMEXăćžćźăFTX çäžćżćäș€ææïŒCEXïŒä»æŻćçșŠäș§ćçäž»èŠæäŸæčăäœçšæ·äčç»ćžžæ±æšCEXæäŸçæ°žç»ćçșŠććšæž çźæșć¶äžéæăæç«ŻèĄæ äčäžç»ćžžæ æłäș€æăæ¶èŽčèżé«çéźéąăæèżFTXæŽé·ćŻŒèŽçšæ·æ æłæç°äčć°èżäžæ„ć éçšæ·ćŻčCEXçäžäżĄä»»æăçžæŻäčäžïŒć»äžćżćäș€ææçćçșŠä»Łç ć ŹćŒïŒä»»äœäșșéœćŻä»„æŁæ„ăä»»äœçšæ·èżæ„é±ć ćłćŻäș€æïŒæ ééąć ćć „è”éçäœéȘïŒè”éèą«æȘçšçéŁé©ć€§ć€§éäœă ç°èŽ§äș€æäžïŒć€ŽéšDEX uniswapä»äžșéżć°Ÿè”äș§æäŸæ”ćšæ§è”·ćź¶ïŒć°æŻæ„äș€æéąèŸŸ30äșżçŸć ïŒćšäș€æéąćäž»æ”ćžç§äș€ææ·±ćșŠäžçèłäŒäșCEXăćèć ¶æćç»éȘïŒæ°žç»ćçșŠć»äžćżćäș€ææçćžćșç©șéŽé枞性ăäœéèżć»äžćżćæčćŒćźç°æ°žç»ćçșŠäș€ææŻç°èŽ§äș€ææŽć€æïŒæ°žç»ćçșŠæ çćšéćžžçæ¶éŽć æłąćč 淚性ïŒäș€æè äžćéąçé«ïŒć æ€ćŻčäș€ææćšæ„ä»·ăäș€ææ§èĄććæ¶æž çźäžéœææŽé«èŠæ±ă性éšćć»äžćżććçșŠäș€ææéœéšçœČćšL2ćé«éć ŹéŸäžïŒä»ŁèĄšæ§çædYdX,ïŒMCDEX,GMXïŒPerpetual protocolçă ćŸèĄš 4ïŒć»äžćżćèĄçćäș€ææç淚性æșäŒ æ žćżè§çč éĄčçźäșźçč ć ćŻèŽ§ćžèĄçććžćșç©șéŽćčżéïŒć»äžćżćæ°žç»ćçșŠäș€æçæœćšä»œéąèŸŸć°äžäșżçș§ć«ăGMXæŻć°æ°ćŻćšçćžéćżćąéżïŒäș§ççćźæ¶ć „ćč¶ćé ç»ä»Łćžææè çćèźź ć šć±æ”ćšæ§ćéąèšæșæ„ä»·çèźŸèźĄć ·æćæ°æ§ïŒGMXćŻæäŸ30ćæ æć性éąé¶æ»çčçäș€ææŻéćžžć„œçćžćŒäș€æè çćçčïŒdYdXćPerpetualćšçŸäžçŸć æ·±ćșŠæ¶ïŒæ»çčć·Č>1%ïŒ ä»Łćžä»·ćŒæè·ć ćïŒćŻææćžćŒäșæ”ćšæ§æäŸè ïŒć°ćèźźæ¶ć „éèżETH/AVAXććç»æ”ćšæ§æäŸè /代ćžææè ïŒèäžæŻéèżćąć代ćžïŒćžŠæ„15-20%ççćźćčŽćæ¶çăćșä»·ćșéćéä»ćžŠæ„æŽć€æ¶ççæšĄćŒäžș代ćžä»·æ ŒæäŸäșæćæŻæ GLPćŻäœäžșć ćŻè”äș§çETFćäčé«ç§Żæšäžæ ·ć”ć „ć€ç§DeFićèźźïŒć·Čćć€äžȘæ¶çèććšïŒæ¶çćèźźćèĄçććçșŠèŸŸæćäœ éĄčçźéŁé© ćŻčæ”ćšæ§æäŸè æČĄæèŁžć€ŽćŻžäżæ€ïŒGLPæ± æżæ äșćźććžćșéŁé©ïŒäș€æè çć©=æ”ćšæ§æäŸè äșæïŒćè”äș§æ± ä»·æ ŒććéŁé©ăćœć€ç©șä»äœæŸèéé ïŒäžäžæè”è èżć „ćč¶ć€§éąçć©æ ć”äžïŒæ”ćšæ§æäŸè çäșæéŁé©æć æ„ä»·äŸè”éąèšæșä»CEXè·ćŸïŒæČĄæä»·æ Œćç°çèœćïŒćŻæŻæçćžç§ć°ăćŠć€æŸćççéąèšæșæ»ć»äș件æç€șć ¶æșć¶ććšæŒæŽïŒćȘæGMXćŻčćșćžç§äș€æéąć°äșäž»æ”äș€æææèœéČæąç±»äŒŒäș件ïŒć èæ æłè§æšĄć L2çæčæĄæČĄæćŸć„œè§Łćłäș€æé«ćč¶ććŻŒèŽéźéąïŒć„„ćŸ·è”æéŽgas feeäžćșŠéŁćèł$10/çŹ GMXéĄčçźä»ç» GMXæŻäžäžȘéšçœČćšArbitrumćAvalancheäžçć»äžćżćç°èŽ§ćæ°žç»ćçșŠäș€ææăæŻæçšæ·èżèĄç°èŽ§ć æąćæé«30ćçæ°žç»ćçșŠäș€æăçźćæŻæArbitrumäžçćç§è”äș§ïŒETHăWBTCăLINKïŒUNIïŒä»„ćAvalanche äžçćç§è”äș§ïŒAVAXăWETHăWBTăUSDCă äș§ćèźŸèźĄ GMXćšäș€æäœéȘäžçæ性äșźçčć°±æŻć€§éąäș€æé¶æ»çčïŒçšæ·ćè”·äș€æèŻ·æ±ïŒćč¶ä»„æ”ćšè”éæ± ïŒGLPïŒäœäžșäș€æćŻčæïŒæéąèšæșæ„ä»·ćźæ¶æäș€ă ç°èŽ§äș€æïŒäș€æè çŽæ„äžæ”ćšè”éæ± ïŒGLPïŒèżèĄäș€æąăæç»èŽčäŒæ čæźæ”ćšè”éæ± äžè”äș§çæŻäŸćçźæ æŻäŸæ„è°æŽïŒä»„蟟ć°èźŸćźççźæ æŻäŸă æ°žç»ćçșŠäș€æïŒäș€æçšæ·ćć „äżèŻéćïŒćŻä»„æć€ 30 ćçæ æçćŒç«ć€ć€Žæç©ș怎怎毞ïŒćšćŒä»æćčłä»æ¶ćæŻä»ć ¶ćäčè§æšĄ0.1% çèŽčçšăæ€ć€èżæć°æ¶æ¶ććæŹŸèŽčçšïŒæŻć°æ¶ćæŹŸèŽčç=æćè”äș§è§æšĄ/GLPćŻčćșè”äș§çè§æšĄ*0.01%ăçšä»GLPććșè”éè¶ć€ïŒèŽčçè¶é«çèźŸèźĄæ„èĄ„ćżGLPæœćšæ怱ćŻèœæ§æććąć ă GMXäș€æçéą GLPïŒæ”ćšæ§æäŸè ïŒ çšæ·ćŻä»„ć°è·ćŸçè”äș§ćć „æ± äžéžé GLPïŒćæ·»ć ć°æ”ćšæ§æ± ććžăćŠéèŠè”ćçžćșçè”äș§ïŒćäŒéæŻ GLPăGLPæŻç±BTCăETHăUSDCăUSDTăDAIçäžæœćć ćŻèŽ§ćžæç §äžćźæŻäŸç»ćèæăæ”ćšæ§æäŸè ïŒGLPïŒäžäŒéąäžŽæ ćžžæ怱ăïŒAMMçæ”ćšæ§æäŸè ćŸćŸæ1:1 æŻäŸæäŸäž€ç§ä»ŁćžćäžććžïŒćŻèœć äžșćžä»·æłąćšèéąäžŽæ ćžžæć€±ïŒ GLPçè°æŽæšĄćŒ çèźșäžGLPç代ćžæäžșçšłćźćžćéŁé©è”äș§ïŒBTCăETHçïŒć50%ïŒäœæŻäŸć°éçäș€æè çæȘćčłä»ć€ŽćŻžè°æŽïŒćœäș€æè æ»äœćć€ETHæ¶ïŒć°ćć°ETHć æąäžșGLPçèŽčçïŒæ„æćETHćšGLPçäžæœć代ćžäžçæŻéïŒè„æ»äœä»äœćç©șïŒćæćçšłćźćžćšGLPçæŻéă GLPä»·æ Œć䞀äžȘć çŽ ćœ±ćïŒäžæŻGLPèćä»ŁèĄšçè”äș§ä»·æ ŒïŒäșæŻäș€æè çæ»äœçć©æäșæïŒèżæŻć äžșæ”ćšæ§æ± 绌ćéćäžäș€æè çžćçäœçœźïŒć æ€äș€æè è·ćŸçä»»äœć©æ¶ŠéœæŻæ”ćšæ§æ± çæ怱ïŒćäčäșŠç¶ă äžèĄšæšĄæè”äș§ä»·æ Œććšćäș€æè çć©/äșæćŻčGLPçćœ±ćïŒćèźŸ2000çŸć èŽäč°GLPïŒćèźŸETHćçšłćźćžć50%ïŒăGLPćšETHćšäžæ¶šæ¶è”çæŽć°ïŒäžè·æ¶äčäșćŸæŽć°ăäș€æè ćŻčETHçć©çšéšćæ”æ¶GLPçžćșéŁé©è”äș§çæłąćšïŒćœć©çšç蟟ć°100%æ¶ïŒGLPä»·æ ŒèŸUäżææćźăçèźșäžGLPæ°žèżćŻä»„ć ä»äș€æè ççć©ćäșæïŒäžæè”GLPçäșèŸçŽæ„èŽäč°éŁé©è”äș§æŽć°ă ćŸèĄš 5ïŒćç§æ ć”äžGLP仄UèźĄä»·çè”äș§ććš ä»ććČäžçïŒGMXçäș€æè çŽŻèźĄäșæïŒç±æ€ćžŠç»GLPçćčłććčŽććæ„ćš20%仄äžăä»ç»èźĄäžïŒäș€æè ć€±èŽ„æŻć€§æŠçäș件ïŒèé«æ æć°ćąć ć ¶äșææŠçă ćŸèĄš 6ïŒććČäžçïŒGMXäș€æè çŽŻèźĄäșæïŒćŻčćșGLPä»äžè·ç æ„ä»·ćäș€ææ什çæ§èĄ ćšèŸæ©ççæŹïŒGMXäžșäșéČæąć„ć©æșćšäșșć©çšéąèšæșć€éšć价滶èżæ„è·ć©ïŒGMXè§ćźé€éä»·æ Œććš>1.5%äžèłć°ç»Žæ3ć°æ¶ä»„äžïŒćŠćäș€æè äžèœćčłä»ăćš22ćčŽ3æGMXćæ¶äșèżäžȘéć¶ïŒćč¶ćŒć „keeperæ„è§ŁćłïŒçšæ·ćš GMX çäș€ææäœäŒćäžș䞀éšćïŒäžäžȘæŻçšæ·ćéäș€æïŒćŠäžäžȘæŻæ§èĄæäœćæŻç±KeeperćźæïŒkeeperææéćšéąèšæșæ„ä»·ç0.12%ćč ćșŠć æ§èĄïŒçŽć°æ性ćć·źèŸŸć°2.5%æäŒćŒșć¶æ§èĄăäžșäșççŁ keeperäžçŻĄæčéąèšæșçä»·æ ŒïŒèżćŒć „ watcher èçčæ„éȘèŻăèżäžȘæčèżèœç¶æćäșçšæ·äœéȘïŒäœäč枊æ„keeperçäœæ¶éŁé©ă æșć¶èźŸèźĄäžćäžçéąèšæșæçș”éŁé© ä»ćčŽ9æïŒGMXééäșä»·æ Œæçș”æ»ć»ăæ»ć»è ć ćšGMXćŒç«ćçșŠïŒç¶ććšFTXæçș”äșAVAXä»·æ ŒïŒç¶ććšGMXćčłä»è·çïŒèżæŻç±äșäș€æè ćŻä»„éąç„AVAXçä»·æ ŒïŒèćšGMXæ§èĄć€§éąäș€ææ ä»·æ ŒćČć»ăćšèŻ„æ»ć»éć€5æŹĄćïŒæ”ćšæ§æäŸè æ怱çșŠ57äžçŸć ăGMXçè§ŁćłæčæĄæŻéèżéć¶äœæ”ćšæ§ä»ŁćžćŒä»ć€ŽćŻžïŒèź©æçș”ææŹé«äșæœćšæ¶çïŒä»„ćæ§ć¶LPçæ怱ă Genesis çèĄçćäș€æéšéšèŽèŽŁäșșJoshua LiamèŻä»·èżç±»æ»ć»æŻéćŻčGMXæșć¶èźŸèźĄçæŒæŽïŒćŻäžéżć æčćŒć°±æŻćæ¶äș€æé¶æ»çčççčæ§ă ćŸèĄš 7ïŒæ»ć»è æçș”AVAX/USDTćšFTXçä»·æ Œ ćąéćććČæČżé© èœç¶çźććąéæćäžșć šćżćăäœä»æ žćżćŒćè @xdev_10èżćŸćŒćçäžçł»ćäș§ććŻä»„çćșć ¶ćŒș性çäș§ćèżä»Łèœććäž°ćŻçDeFièźŸèźĄç»éȘïŒGMX滶ç»äșèżćŸäș§ćççčæ§ïŒćč¶ćšäžæćźè·”äžćäșäŒćă 20ćčŽïŒćąéæšćșç珏äžä»Łäș§ćXVIXïŒäčćæšćșæ æ代ćžX2ïŒä»„X2çæç»èŽčæżć±XVIXçšæ·ă珏äžä»Łäș§ćGambitæąæŻć䞀代äș§ćçç»ćïŒäčæŻGMXçéćœąïŒćć „ETHççœććè”äș§éžé çćŒçUSDGïŒè”ćæ¶çè”äș§ä»·ćŒ=éžé æ¶çä»·ćŒïŒïŒć°ć ¶äœäžșæ æäș€æçäș€æćŻčæăćšGMXçèźŸèźĄäžïŒćçšä»·æ ŒæłąćšçGLPæżæąäșUSDGïŒćč¶æčäžșçšæç»èŽčæ„ćžćŒæ”ćšæ§ă 2021ćčŽ8æïŒGMXćšArbitrumćć ŹäŒćŒæŸæ¶äžçșżăćč¶ćæ©æćäžè æäŸć„ć±ă 2021ćčŽ9æïŒäžçșż2ćšïŒGMXçäș€æéąèŸŸć°1.5äșżçŸć ïŒćč¶äș§çäș30äžçŸć çæ¶ć „ă 2021ćčŽ11æïŒäžçșż3äžȘæïŒGMXäș€æéąèŸŸć°65äșżçŸć ăćšAvalancheäžéšçœČäșćçșŠăäžć获ćčłć°Olympus Pro蟟æäșćäœ 2022ćčŽ8æ柣ćžçX4æčæĄäžïŒGMXć°ç±äžäžȘäș€æćčłć°èœŹćéĄčçźćć»șćčłć°ïŒć èźžéĄčçźæčćć»șæćźć šæ§ć¶æçAMMćč¶ćèĄćç§ćèœç代ćžïŒćŻèźŸçœźćšæèŽčçïŒććž/ć€ćžæŻä»ïŒä»·æ ŒæČçșżçăX4äčć°èćGMXćć ¶ä»DEXæ„äžșæ°èźŸçAMMćŒćŻŒćć§æ”ćšæ§ăć°èœććéĄčçźæčćŒæŸćŻèœäœżGMXćGLPææŽć€çšäŸïŒćŻç±»æŻCurveæäžșçšłćźćžćć°èŁ è”äș§ćèĄçè§ŁćłæčæĄă ćŠäžäžȘéèŠææĄPvP AMMć°ć èźžć€ç©șćæčéèżäžç§äžéŽèŽ§ćžGDæ„ćčé ćäžäș€æïŒèæ”ćšæ§æäŸè ćŻéæ©æŻćŠćäžă äžćĄæ ć” æ èźșä»çšæ·æ°éïŒäș€æééąèżæŻAUMè§ćșŠïŒGMXèȘäžçșżèłä»çèĄšç°ćéćžžäșźçŒă çšæ·éïŒçźćçŽŻèźĄçšæ·15.5äžćïŒæŻćšäș€æçšæ·çșŠ1.5äžäșșă2022ćčŽ6æçArbitrumçć„„ćŸ·è”掻ćšç»GMX枊æ„äžæłąçšæ·é«ćł°ă ćŸèĄš 8ïŒGMXćšćșŠçšæ·æ°ç»èźĄ ćŸèĄš 9ïŒGMXäș€æéąćšćșŠç»èźĄ äș€ææç»èŽčïŒèł22/11/10ïŒGMXæ¶ćççŽŻèźĄæç»èŽčäžș1.09äșżçŸć ïŒArbitrumäžș8406äžçŸć ïŒćšAvalancheäžș2366äžçŸć ïŒă AUMïŒèł22/11/10ïŒAUMäžș4äșżçŸć ïŒć ¶äžArbitrumäžș3.6äșżçŸć ïŒAvalancheäžș0.5äșżçŸć ïŒïŒèŸ22ćčŽćç1äșżçŸć ćąéżæŸèă ćŸèĄš 10ïŒGMXçAUMç»èźĄ æȘæ„ćąéżæșäŒ æ¶çèććšćäœćžŠæ„æŽć€è”éïŒGMXć1inchïŒYieldYakïŒBreederDAOçæ¶çèććšćäœïŒçźćYieldYakćŒćŻŒäș性çșŠ35%çäș€æć°GMXă æäžșDeFiçæçäžéšćïŒGLPćŻäœäžșäžæŻâć ćŻèŽ§ćžETFâćäčé«ç§Żæšäžæ ·èą«ć ¶ä»DeFićèźźæŽćïŒäŸćŠUmamiæšćșçæ¶çäș§ćäœżçšGLPäœäžșćșć±è”äș§ïŒćæ¶ćšMyceliumćç©șGLPçéŁé©è”äș§éšćæ„ćŻčćČéŁé©ïŒćšćæ”äžAPRćŻèŸŸ20%ă ç«äșæ Œć± äžćĄè§æšĄ æ čæźèżć»30怩äș€æééąïŒdYdXäș€æéąæ珏äžïŒGMXçșŠäžșdYdXç1/3ăäœä»ćèźźæ¶ćèŽčçšè§ćșŠïŒGMXćäžș珏äžïŒèżæŻç±äșdYdXćŻčæ°çšæ·ïŒć ¶ä»Łćžææè æäŸèŸć€äș€æèŽčćć ă ćŸèĄš 11ïŒäž»èŠć»äžćżćæ°žç»ćçșŠäș€ææäžćĄè§æšĄćŻčæŻ ä»ŁèĄšæšĄćŒćŻčæŻ InjectiveïŒMangoéœæŻćdYdXäžæ ·éçšèźąćèæšĄćïŒäžäș€æéąćdYdXçžć·źçèżăć æ€æŹæŹĄä» æéæșć¶æä»ŁèĄšæ§çæ çèżèĄćŻčæŻïŒäžèĄšć°dYdXïŒperpetual protocolćGMXä»æșć¶èźŸèźĄïŒäș€ææ·±ćșŠïŒæ çćŻćŸæ§ăæ”ćšæ§æäŸè çæ¶ççè§ćșŠèżèĄćŻčæŻă dYdXçźćäș€æéèżè¶ ćç±»äș§ćïŒäœæ žćżæșć¶ä»ç¶æŻç §æŹCEXïŒé€äșæäŸä»Łćžæżć±ćžćŒć°æ”ćšæ§ć€ïŒæČĄæć€Șć€ćæ°ăç±äșéŸäžäș€æææŹé«ïŒèźąćèæšĄćçDEXéŸä»„ćCEXç«äșăé€æ€ä»„ć€ïŒdYdXäœżçšäžäčäžć»äžćżćïŒçšæ·äș€æéèŠćźæKYCćéąć ć „éăć ¶ćć§äșșäčèĄšç€șïŒä»ä»Źçźæ ćźąæ·çŸ€äœæŻé«äș€æéçäžäžäș€æè ćæșæçšæ·ïŒäŒæ性éæććæ€ćæäœïŒă Perpetualć ćć©çšäșDeFiçćŻç»ćæ§ïŒć°UniswapV3äœäžșæ§èĄć±ćæ„æŻæä»»äœè”äș§äœäžșćçșŠäș€æăäœæŻć ¶æ°žç»ćçșŠçäș€ææ·±ć±èżäœäșć»äžćżćäș€ææïŒéŁé©ćć€éçç»è„è§æšĄäčæČĄæłäžć»äžćżćäș€ææçžèŸïŒćŠć€ïŒPerpetual Protocol çäș€æè ççäșæ”çźéćžžć€æăæ»èèšäčïŒçźćPerpetual Protocol çćźąæ·äœéȘäčæćŸ æčćă GMXæŽćæŻéè§çšæ·äœéȘçè”ćșïŒé¶æ»çčçèŻć„œäș€æäœéȘćžćŒæŁæ·äžșäž»ç矀äœć „ćșäș€æïŒćæ¶èŻć„œç代ćžèźŸèźĄćžćŒæ”ćšæ§æäŸè ăäœæșć¶æŹèș«ććšçŒșé·èæ æłè§æšĄćïŒäŸè”éąèšæșæ„ä»·ćŻŒèŽæŻæćžç§ć°ïŒäžæČĄæä»·æ Œćç°ćèœă 绌äžæèż°ïŒä»„äžæšĄćŒćšç°é¶æź”ćæć©ćŒïŒć»äžćżćäș€ææä»ćšèżäžæ„èżä»Łäș§ćïŒçźćæ æłć€æćȘç§æšĄćŒæŻææćŻèœæćïŒæèźžèżäșæšĄćŒéœèœæŸć°æéćçćșçšćșæŻă éèŻç»æ”æšĄććæ 代ćžæ»éććé æ ć” GMXéçšććžæšĄćïŒGLPäœäžșæ”ćšæ§èŻæïŒäŸćșæČĄæäžéïŒGMXäœäžșæČ»çććźçšć代ćžăææè ćŻæèźźèźźæĄćč¶èżèĄæ焚代ćžïŒæ»éäžș1325äžæïŒć ¶äž799äžæć·Čæ”éïŒ60%ïŒïŒGMXææè ćŻDAOæç„šææĄćąć GMXæ»äŸćșéă ćșä»·ćșé ćșä»·ćșéçšäșäżèŻGLPçæ”ćšæ§ćč¶ćŻč莚æŒçGMXæäŸETHć„ć±ăæȘæ„ćŻçšäșćèŽćč¶éæŻGMXæ„äżèŻGMXćETHäčéŽççžćŻčä»·æ Œă 代ćžçä»·ćŒæè· GMXç代ćžä»·ćŒæè·ć ćïŒæ¶ć „100%ććç»ä»Łćžææè ïŒ30%ç»GMXïŒ70%ç»GLPïŒăäžéèżETHćAVAXćæŸïŒèéćčłć°ä»ŁćžçćąćïŒç»ä»Łćžææè 枊æ„çćźæ¶çă æ€ć€GMXç代ćžç»æ”èżćŒć „äșEscrowed GMXćäčçčæ„éŒć±éżæææïŒèŻŠæ ćŠäžïŒ Escrowed GMX Escrowed GMXćłäžșćæ知ç GMXïŒäžćŻèœŹèź©ïŒćŻä»„莚æŒćè§ŁéïŒèŽšæŒEscrowed GMXäžGMXäžæ ·ćŻćäș«ćčłć°æç»èŽčæ¶çăèè§ŁéEscrowed GMXéèŠçćŸ 1ćčŽæèœéæžè§ŁéïŒćšæ€æéŽçšæ·ä»é继ç»èŽšæŒ GMX æ GLPă äčçč ćœçšæ·èŽšæŒ GMX æ¶ïŒæŻç§éœäŒè·ćŸäčçčæ°ăèŽšæŒ 1000 äžȘ GMX äžćčŽïŒćŻè·ćŸ 1000 äžȘäčçčæ°ăçšæ·ćŻä»„继ç»èŽšæŒäčçčæ°ïŒæŻäžȘäčçčæ°ćŻè·ćŸäž GMX çžćç莚æŒæ¶çăäžæŠçšæ·ćæ¶èŽšæŒ GMXïŒćäŒéæŻçžćșæŻäŸçäčçčæ°ăäčć°±æŻèŻŽïŒćœæäžȘçšæ·ćć§èŽšæŒ GMX æ¶ïŒćŻä»„è·ćŸ esGMX ćäčçč MPăćŻä»„ć° esGMX ć MP ć莚æŒä»„æé« APRăèŽšæŒ GMX æ°éè¶ć€§ïŒæ¶éŽè¶éżïŒćŻä»„ćäș«çćèźźæ¶ć „æŻäŸć°±è¶é«ă 䌰ćŒæ°Žćčł æ©«ć䌰ćŒćŻčæŻ çźćGMX代ćžć·ČéæŸ60%ïŒPerpetualć·ČéæŸ50%ïŒdYdXä» éæŸ13%ăæȘéæŸä»Łćžè¶ć€ïŒćæȘæ„代ćžä»·ćŒèą«èżäžæ„çšéççšćșŠć°±è¶é«ăæ čæźtoken terminalćš2022/10/11çæ°æźïŒä»ćźć šçšé䌰ćŒ/äș€ææç»èŽčććźć šçšé䌰ćŒ/ćèźźæ¶ć „è§ćșŠïŒGMXç䌰ćŒçžćŻčdYdXćPerpetual ProtocolæŽäŸżćźă çș”ć䌰ćŒćŻčæŻ ä»èżćŸ6äžȘæćźć šçšéćžćŒ/æç»èŽč䌰ćŒçïŒGMXćæ ·ć€äș䌰ćŒèŸäœćșéŽă æȘæ„ć±æ çźćæ„èŻŽïŒGMXæŽćæŻäžäžȘèżèœŹèŻć„œçè”ćșïŒèäžæŻäș€ææïŒæșæșäžæćžćŒææșè ćæ„äș€æïŒäș§çæŽć€çæç»èŽčç»GMX/GLPæäŸèŻć„œçćæ„ïŒććžćŒæŽć€æ”ćšæ§æäŸè ăäœGMXçèźŸèźĄććšèŻžć€çŒșé·ïŒäŸćŠæŻæçćžç§ć°ïŒæ”ćšæ§æäŸè éŁé©æćŁé«ïŒéąèšæșæçș”ïŒæšĄćŒæ æłè§æšĄćçéźéąăèżäșéèŠćŒććąéćšæȘæ„çæŹèżä»Łäžè§ŁćłïŒćłć°ććžçX4ææć°GMXä»äș€æćčłć°ćäžșéĄčçźæčćŻçšçDeFić·„ć ·çź±ă äș€æćčłć°æ”ćšæ§æć ćșćźæŻGMXçćŠäžćąéżçčïŒGMXäčćšè·ŻçșżćŸçŹŹäșé¶æź”æćæŽæłšéç»æćäș§ćïŒæ„èȘć ¶ä»DeFićèźźăæ¶çèććšćŻčGLPçéæ±ć°èżäžæ„æšćšć ¶TVLćąéżă ć€éŸæ©ć±ïŒæŻææŽć€è”äș§äčæŻćŻèœçćąéżæčćŒïŒ21ćčŽćșäžçșżçAvalancheçźćèŽĄçźäș1/3çäș€æéąăćąéäčćæćšBSCäžćŒćçç»éȘïŒćč¶æèźĄćæŻææŽć€EVMć ŒćźčçéŸă æŽć€§çæłè±Ąç©șéŽæ„èȘć»DeFić©çšæșèœćçșŠć代éèäžä»ïŒä»èäžșçšæ·ćć°âäžéŽäșșâæŻćșïŒGMXèżäžćé çŸäșżçŸć äș€æè§æšĄçéŸäžäș€ææïŒè”·ćæ žćżćąéćŽä» ćȘæ4äșșïŒć ¶äœćç±ç€ŸćșèȘćć»șèźŸăäžäŒ ç»éèæșæćç§æäŒäžćŻčæŻïŒGMXćäœéććé æ¶ć „æŽé«ïŒäŒ°ćŒäčæŽäœăè„DeFiçææŻæç»èœä»ć ćŻèŽ§ćžéąćç ŽćïŒć°ææŽć€§çćąéżç©șéŽćæœćă 俥æŻæ„æș https://threadreaderapp.com/thread/1571554171395923968.html https://gmxio.gitbook.io/gmx/ https://gmx-io.notion.site/gmx-io/GMX-Technical-Overview-47fc5ed832e243afb9e97e8a4a036353 https://www.panewslab.com/zh/articledetails/1643522822971920.html https://messari.io/report/gmx-spotting-the-future https://foresightnews.pro/article/detail/9580
GMXïŒçćžéćżćąéżçć»äžćżćèĄçćäș€ææ
èæŻïŒć»äžćżćèĄçćäș€ææç淚性æșäŒ
22ćčŽćèłä»ïŒć ćŻèŽ§ćžćžćŒç±2.2äžäșżçŸć æ»èœèł8500äșżçŸć ïŒæŒ«éżççćžæ性æć»äșæè”è ç俥ćżćææșéæ±ïŒDeFićèźźæ»éä»ä»·ćŒïŒTVLïŒäčä»ćčŽćç1670äșżçŸć äžéć°äș440äșżçŸć ăç¶èïŒ21ćčŽ8æäžçșżçć»äžćżćæ°žç»ćçșŠäș€æćèźźGMXćŽćšçćžäžè”°ćșäșçŹç«èĄæ ïŒä»„çŸć èźĄä»·çTVLçšłæ„ćąéżïŒćžćŒäč蟟ć°äșèż3äșżçŸć ă
ćŸèĄš 1ïŒGMXçTVLććžćŒćšèżć»12äžȘæäżæćąéż
ćŸèĄš 2ïŒæ30怩ćœć±ćèźźæ¶ć „æćșïŒGMXäœć珏4
ćžćșæșäŒ
äžäŒ ç»éèćžćșäžèŽçæŻïŒć ćŻćžćșçèĄçćäș€æçćžćșè§æšĄèŠć€§äșç°èŽ§äș€æăæ čæźTokenInsightïŒ21ćčŽQ2æ°žç»ćçșŠćéĄčççäș€æéäžș19äžäșżçŸć ïŒçžćœäșæŻć€©çäș€æéè¶ èż2000äșżçŸć ïŒć·Čç»è¶ è¶äșç°èŽ§ăè„ć ćŻèŽ§ćžçæ»ćžćŒćš5ćčŽć 蟟ć°10äžäșżçŸć ïŒäŒŽéçèĄçćäș€æéćŻèœäŒèŸŸć°70-100äžäșżçŸć ă
æ°žç»ćçșŠæŻć ćŻèŽ§ćžäș€æéąćæçŹæçæ莧ćçșŠïŒäčæŻçźćäș€æéæé«çèĄçćäčäžïŒćźæŻć èźžæè”è ćšćçșŠäžäœżçšæ æć»șç«ć€ŽćŻžăäœäžäŒ ç»ćçșŠäžćçæŻïŒæ°žç»ćçșŠæČĄæć°ææ„ăäžșäșéżć æèŽ§ä»·æ Œć犻æ çèżć€ïŒćŸćŸéçšćźæè”éç»çźäœżæ°žç»ćçșŠèĄçćçćžćșä»·æ Œćć 涔价ćŒććœă
ćŸèĄš 3ïŒTokeninsight21ćčŽQ2ć ćŻè”äș§äș€æéąææ
ć·Čæ15%ç°èŽ§äș€æéąéèżć»äžćżćäș€ææïŒDEXïŒćźç°ïŒèéèżDEXäș€æçæ°žç»ćçșŠä» ć 2%ïŒć°æćŸć€§æćç©șéŽăçźćBitMEXăćžćźăFTX çäžćżćäș€ææïŒCEXïŒä»æŻćçșŠäș§ćçäž»èŠæäŸæčăäœçšæ·äčç»ćžžæ±æšCEXæäŸçæ°žç»ćçșŠććšæž çźæșć¶äžéæăæç«ŻèĄæ äčäžç»ćžžæ æłäș€æăæ¶èŽčèżé«çéźéąăæèżFTXæŽé·ćŻŒèŽçšæ·æ æłæç°äčć°èżäžæ„ć éçšæ·ćŻčCEXçäžäżĄä»»æăçžæŻäčäžïŒć»äžćżćäș€ææçćçșŠä»Łç ć ŹćŒïŒä»»äœäșșéœćŻä»„æŁæ„ăä»»äœçšæ·èżæ„é±ć ćłćŻäș€æïŒæ ééąć ćć „è”éçäœéȘïŒè”éèą«æȘçšçéŁé©ć€§ć€§éäœă
ç°èŽ§äș€æäžïŒć€ŽéšDEX uniswapä»äžșéżć°Ÿè”äș§æäŸæ”ćšæ§è”·ćź¶ïŒć°æŻæ„äș€æéąèŸŸ30äșżçŸć ïŒćšäș€æéąćäž»æ”ćžç§äș€ææ·±ćșŠäžçèłäŒäșCEXăćèć ¶æćç»éȘïŒæ°žç»ćçșŠć»äžćżćäș€ææçćžćșç©șéŽé枞性ăäœéèżć»äžćżćæčćŒćźç°æ°žç»ćçșŠäș€ææŻç°èŽ§äș€ææŽć€æïŒæ°žç»ćçșŠæ çćšéćžžçæ¶éŽć æłąćč 淚性ïŒäș€æè äžćéąçé«ïŒć æ€ćŻčäș€ææćšæ„ä»·ăäș€ææ§èĄććæ¶æž çźäžéœææŽé«èŠæ±ă性éšćć»äžćżććçșŠäș€ææéœéšçœČćšL2ćé«éć ŹéŸäžïŒä»ŁèĄšæ§çædYdX,ïŒMCDEX,GMXïŒPerpetual protocolçă
ćŸèĄš 4ïŒć»äžćżćèĄçćäș€ææç淚性æșäŒ
æ žćżè§çč
éĄčçźäșźçč
ć ćŻèŽ§ćžèĄçććžćșç©șéŽćčżéïŒć»äžćżćæ°žç»ćçșŠäș€æçæœćšä»œéąèŸŸć°äžäșżçș§ć«ăGMXæŻć°æ°ćŻćšçćžéćżćąéżïŒäș§ççćźæ¶ć „ćč¶ćé ç»ä»Łćžææè çćèźź
ć šć±æ”ćšæ§ćéąèšæșæ„ä»·çèźŸèźĄć ·æćæ°æ§ïŒGMXćŻæäŸ30ćæ æć性éąé¶æ»çčçäș€ææŻéćžžć„œçćžćŒäș€æè çćçčïŒdYdXćPerpetualćšçŸäžçŸć æ·±ćșŠæ¶ïŒæ»çčć·Č>1%ïŒ
代ćžä»·ćŒæè·ć ćïŒćŻææćžćŒäșæ”ćšæ§æäŸè ïŒć°ćèźźæ¶ć „éèżETH/AVAXććç»æ”ćšæ§æäŸè /代ćžææè ïŒèäžæŻéèżćąć代ćžïŒćžŠæ„15-20%ççćźćčŽćæ¶çăćșä»·ćșéćéä»ćžŠæ„æŽć€æ¶ççæšĄćŒäžș代ćžä»·æ ŒæäŸäșæćæŻæ
GLPćŻäœäžșć ćŻè”äș§çETFćäčé«ç§Żæšäžæ ·ć”ć „ć€ç§DeFićèźźïŒć·Čćć€äžȘæ¶çèććšïŒæ¶çćèźźćèĄçććçșŠèŸŸæćäœ
éĄčçźéŁé©
ćŻčæ”ćšæ§æäŸè æČĄæèŁžć€ŽćŻžäżæ€ïŒGLPæ± æżæ äșćźććžćșéŁé©ïŒäș€æè çć©=æ”ćšæ§æäŸè äșæïŒćè”äș§æ± ä»·æ ŒććéŁé©ăćœć€ç©șä»äœæŸèéé ïŒäžäžæè”è èżć „ćč¶ć€§éąçć©æ ć”äžïŒæ”ćšæ§æäŸè çäșæéŁé©æć
æ„ä»·äŸè”éąèšæșä»CEXè·ćŸïŒæČĄæä»·æ Œćç°çèœćïŒćŻæŻæçćžç§ć°ăćŠć€æŸćççéąèšæșæ»ć»äș件æç€șć ¶æșć¶ććšæŒæŽïŒćȘæGMXćŻčćșćžç§äș€æéąć°äșäž»æ”äș€æææèœéČæąç±»äŒŒäș件ïŒć èæ æłè§æšĄć
L2çæčæĄæČĄæćŸć„œè§Łćłäș€æé«ćč¶ććŻŒèŽéźéąïŒć„„ćŸ·è”æéŽgas feeäžćșŠéŁćèł$10/çŹ
GMXéĄčçźä»ç»
GMXæŻäžäžȘéšçœČćšArbitrumćAvalancheäžçć»äžćżćç°èŽ§ćæ°žç»ćçșŠäș€ææăæŻæçšæ·èżèĄç°èŽ§ć æąćæé«30ćçæ°žç»ćçșŠäș€æăçźćæŻæArbitrumäžçćç§è”äș§ïŒETHăWBTCăLINKïŒUNIïŒä»„ćAvalanche äžçćç§è”äș§ïŒAVAXăWETHăWBTăUSDCă
äș§ćèźŸèźĄ
GMXćšäș€æäœéȘäžçæ性äșźçčć°±æŻć€§éąäș€æé¶æ»çčïŒçšæ·ćè”·äș€æèŻ·æ±ïŒćč¶ä»„æ”ćšè”éæ± ïŒGLPïŒäœäžșäș€æćŻčæïŒæéąèšæșæ„ä»·ćźæ¶æäș€ă
ç°èŽ§äș€æïŒäș€æè çŽæ„äžæ”ćšè”éæ± ïŒGLPïŒèżèĄäș€æąăæç»èŽčäŒæ čæźæ”ćšè”éæ± äžè”äș§çæŻäŸćçźæ æŻäŸæ„è°æŽïŒä»„蟟ć°èźŸćźççźæ æŻäŸă
æ°žç»ćçșŠäș€æïŒäș€æçšæ·ćć „äżèŻéćïŒćŻä»„æć€ 30 ćçæ æçćŒç«ć€ć€Žæç©ș怎怎毞ïŒćšćŒä»æćčłä»æ¶ćæŻä»ć ¶ćäčè§æšĄ0.1% çèŽčçšăæ€ć€èżæć°æ¶æ¶ććæŹŸèŽčçšïŒæŻć°æ¶ćæŹŸèŽčç=æćè”äș§è§æšĄ/GLPćŻčćșè”äș§çè§æšĄ*0.01%ăçšä»GLPććșè”éè¶ć€ïŒèŽčçè¶é«çèźŸèźĄæ„èĄ„ćżGLPæœćšæ怱ćŻèœæ§æććąć ă
GMXäș€æçéą
GLPïŒæ”ćšæ§æäŸè ïŒ
çšæ·ćŻä»„ć°è·ćŸçè”äș§ćć „æ± äžéžé GLPïŒćæ·»ć ć°æ”ćšæ§æ± ććžăćŠéèŠè”ćçžćșçè”äș§ïŒćäŒéæŻ GLPăGLPæŻç±BTCăETHăUSDCăUSDTăDAIçäžæœćć ćŻèŽ§ćžæç §äžćźæŻäŸç»ćèæăæ”ćšæ§æäŸè ïŒGLPïŒäžäŒéąäžŽæ ćžžæ怱ăïŒAMMçæ”ćšæ§æäŸè ćŸćŸæ1:1 æŻäŸæäŸäž€ç§ä»ŁćžćäžććžïŒćŻèœć äžșćžä»·æłąćšèéąäžŽæ ćžžæ怱ïŒ
GLPçè°æŽæšĄćŒ
çèźșäžGLPç代ćžæäžșçšłćźćžćéŁé©è”äș§ïŒBTCăETHçïŒć50%ïŒäœæŻäŸć°éçäș€æè çæȘćčłä»ć€ŽćŻžè°æŽïŒćœäș€æè æ»äœćć€ETHæ¶ïŒć°ćć°ETHć æąäžșGLPçèŽčçïŒæ„æćETHćšGLPçäžæœć代ćžäžçæŻéïŒè„æ»äœä»äœćç©șïŒćæćçšłćźćžćšGLPçæŻéă
GLPä»·æ Œć䞀äžȘć çŽ ćœ±ćïŒäžæŻGLPèćä»ŁèĄšçè”äș§ä»·æ ŒïŒäșæŻäș€æè çæ»äœçć©æäșæïŒèżæŻć äžșæ”ćšæ§æ± 绌ćéćäžäș€æè çžćçäœçœźïŒć æ€äș€æè è·ćŸçä»»äœć©æ¶ŠéœæŻæ”ćšæ§æ± çæ怱ïŒćäčäșŠç¶ă
äžèĄšæšĄæè”äș§ä»·æ Œććšćäș€æè çć©/äșæćŻčGLPçćœ±ćïŒćèźŸ2000çŸć èŽäč°GLPïŒćèźŸETHćçšłćźćžć50%ïŒăGLPćšETHćšäžæ¶šæ¶è”çæŽć°ïŒäžè·æ¶äčäșćŸæŽć°ăäș€æè ćŻčETHçć©çšéšćæ”æ¶GLPçžćșéŁé©è”äș§çæłąćšïŒćœć©çšç蟟ć°100%æ¶ïŒGLPä»·æ ŒèŸUäżææćźăçèźșäžGLPæ°žèżćŻä»„ć ä»äș€æè ççć©ćäșæïŒäžæè”GLPçäșèŸçŽæ„èŽäč°éŁé©è”äș§æŽć°ă
ćŸèĄš 5ïŒćç§æ ć”äžGLP仄UèźĄä»·çè”äș§ććš
ä»ććČäžçïŒGMXçäș€æè çŽŻèźĄäșæïŒç±æ€ćžŠç»GLPçćčłććčŽććæ„ćš20%仄äžăä»ç»èźĄäžïŒäș€æè ć€±èŽ„æŻć€§æŠçäș件ïŒèé«æ æć°ćąć ć ¶äșææŠçă
ćŸèĄš 6ïŒććČäžçïŒGMXäș€æè çŽŻèźĄäșæïŒćŻčćșGLPä»äžè·ç
æ„ä»·ćäș€ææ什çæ§èĄ
ćšèŸæ©ççæŹïŒGMXäžșäșéČæąć„ć©æșćšäșșć©çšéąèšæșć€éšć价滶èżæ„è·ć©ïŒGMXè§ćźé€éä»·æ Œććš>1.5%äžèłć°ç»Žæ3ć°æ¶ä»„äžïŒćŠćäș€æè äžèœćčłä»ăćš22ćčŽ3æGMXćæ¶äșèżäžȘéć¶ïŒćč¶ćŒć „keeperæ„è§ŁćłïŒçšæ·ćš GMX çäș€ææäœäŒćäžș䞀éšćïŒäžäžȘæŻçšæ·ćéäș€æïŒćŠäžäžȘæŻæ§èĄæäœćæŻç±KeeperćźæïŒkeeperææéćšéąèšæșæ„ä»·ç0.12%ćč ćșŠć æ§èĄïŒçŽć°æ性ćć·źèŸŸć°2.5%æäŒćŒșć¶æ§èĄăäžșäșççŁ keeperäžçŻĄæčéąèšæșçä»·æ ŒïŒèżćŒć „ watcher èçčæ„éȘèŻăèżäžȘæčèżèœç¶æćäșçšæ·äœéȘïŒäœäč枊æ„keeperçäœæ¶éŁé©ă
æșć¶èźŸèźĄäžćäžçéąèšæșæçș”éŁé©
ä»ćčŽ9æïŒGMXééäșä»·æ Œæçș”æ»ć»ăæ»ć»è ć ćšGMXćŒç«ćçșŠïŒç¶ććšFTXæçș”äșAVAXä»·æ ŒïŒç¶ććšGMXćčłä»è·çïŒèżæŻç±äșäș€æè ćŻä»„éąç„AVAXçä»·æ ŒïŒèćšGMXæ§èĄć€§éąäș€ææ ä»·æ ŒćČć»ăćšèŻ„æ»ć»éć€5æŹĄćïŒæ”ćšæ§æäŸè æ怱çșŠ57äžçŸć ăGMXçè§ŁćłæčæĄæŻéèżéć¶äœæ”ćšæ§ä»ŁćžćŒä»ć€ŽćŻžïŒèź©æçș”ææŹé«äșæœćšæ¶çïŒä»„ćæ§ć¶LPçæ怱ă
Genesis çèĄçćäș€æéšéšèŽèŽŁäșșJoshua LiamèŻä»·èżç±»æ»ć»æŻéćŻčGMXæșć¶èźŸèźĄçæŒæŽïŒćŻäžéżć æčćŒć°±æŻćæ¶äș€æé¶æ»çčççčæ§ă
ćŸèĄš 7ïŒæ»ć»è æçș”AVAX/USDTćšFTXçä»·æ Œ
ćąéćććČæČżé©
èœç¶çźććąéæćäžșć šćżćăäœä»æ žćżćŒćè @xdev_10èżćŸćŒćçäžçł»ćäș§ććŻä»„çćșć ¶ćŒș性çäș§ćèżä»Łèœććäž°ćŻçDeFièźŸèźĄç»éȘïŒGMX滶ç»äșèżćŸäș§ćççčæ§ïŒćč¶ćšäžæćźè·”äžćäșäŒćă
20ćčŽïŒćąéæšćșç珏äžä»Łäș§ćXVIXïŒäčćæšćșæ æ代ćžX2ïŒä»„X2çæç»èŽčæżć±XVIXçšæ·ă珏äžä»Łäș§ćGambitæąæŻć䞀代äș§ćçç»ćïŒäčæŻGMXçéćœąïŒćć „ETHççœććè”äș§éžé çćŒçUSDGïŒè”ćæ¶çè”äș§ä»·ćŒ=éžé æ¶çä»·ćŒïŒïŒć°ć ¶äœäžșæ æäș€æçäș€æćŻčæăćšGMXçèźŸèźĄäžïŒćçšä»·æ ŒæłąćšçGLPæżæąäșUSDGïŒćč¶æčäžșçšæç»èŽčæ„ćžćŒæ”ćšæ§ă
2021ćčŽ8æïŒGMXćšArbitrumćć ŹäŒćŒæŸæ¶äžçșżăćč¶ćæ©æćäžè æäŸć„ć±ă
2021ćčŽ9æïŒäžçșż2ćšïŒGMXçäș€æéąèŸŸć°1.5äșżçŸć ïŒćč¶äș§çäș30äžçŸć çæ¶ć „ă
2021ćčŽ11æïŒäžçșż3äžȘæïŒGMXäș€æéąèŸŸć°65äșżçŸć ăćšAvalancheäžéšçœČäșćçșŠăäžć获ćčłć°Olympus Pro蟟æäșćäœ
2022ćčŽ8æ柣ćžçX4æčæĄäžïŒGMXć°ç±äžäžȘäș€æćčłć°èœŹćéĄčçźćć»șćčłć°ïŒć èźžéĄčçźæčćć»șæćźć šæ§ć¶æçAMMćč¶ćèĄćç§ćèœç代ćžïŒćŻèźŸçœźćšæèŽčçïŒććž/ć€ćžæŻä»ïŒä»·æ ŒæČçșżçăX4äčć°èćGMXćć ¶ä»DEXæ„äžșæ°èźŸçAMMćŒćŻŒćć§æ”ćšæ§ăć°èœććéĄčçźæčćŒæŸćŻèœäœżGMXćGLPææŽć€çšäŸïŒćŻç±»æŻCurveæäžșçšłćźćžćć°èŁ è”äș§ćèĄçè§ŁćłæčæĄă
ćŠäžäžȘéèŠææĄPvP AMMć°ć èźžć€ç©șćæčéèżäžç§äžéŽèŽ§ćžGDæ„ćčé ćäžäș€æïŒèæ”ćšæ§æäŸè ćŻéæ©æŻćŠćäžă
äžćĄæ ć”
æ èźșä»çšæ·æ°éïŒäș€æééąèżæŻAUMè§ćșŠïŒGMXèȘäžçșżèłä»çèĄšç°ćéćžžäșźçŒă
çšæ·éïŒçźćçŽŻèźĄçšæ·15.5äžćïŒæŻćšäș€æçšæ·çșŠ1.5äžäșșă2022ćčŽ6æçArbitrumçć„„ćŸ·è”掻ćšç»GMX枊æ„äžæłąçšæ·é«ćł°ă
ćŸèĄš 8ïŒGMXćšćșŠçšæ·æ°ç»èźĄ
ćŸèĄš 9ïŒGMXäș€æéąćšćșŠç»èźĄ
äș€ææç»èŽčïŒèł22/11/10ïŒGMXæ¶ćççŽŻèźĄæç»èŽčäžș1.09äșżçŸć ïŒArbitrumäžș8406äžçŸć ïŒćšAvalancheäžș2366äžçŸć ïŒă
AUMïŒèł22/11/10ïŒAUMäžș4äșżçŸć ïŒć ¶äžArbitrumäžș3.6äșżçŸć ïŒAvalancheäžș0.5äșżçŸć ïŒïŒèŸ22ćčŽćç1äșżçŸć ćąéżæŸèă
ćŸèĄš 10ïŒGMXçAUMç»èźĄ
æȘæ„ćąéżæșäŒ
æ¶çèććšćäœćžŠæ„æŽć€è”éïŒGMXć1inchïŒYieldYakïŒBreederDAOçæ¶çèććšćäœïŒçźćYieldYakćŒćŻŒäș性çșŠ35%çäș€æć°GMXă
æäžșDeFiçæçäžéšćïŒGLPćŻäœäžșäžæŻâć ćŻèŽ§ćžETFâćäčé«ç§Żæšäžæ ·èą«ć ¶ä»DeFićèźźæŽćïŒäŸćŠUmamiæšćșçæ¶çäș§ćäœżçšGLPäœäžșćșć±è”äș§ïŒćæ¶ćšMyceliumćç©șGLPçéŁé©è”äș§éšćæ„ćŻčćČéŁé©ïŒćšćæ”äžAPRćŻèŸŸ20%ă
ç«äșæ Œć±
äžćĄè§æšĄ
æ čæźèżć»30怩äș€æééąïŒdYdXäș€æéąæ珏äžïŒGMXçșŠäžșdYdXç1/3ăäœä»ćèźźæ¶ćèŽčçšè§ćșŠïŒGMXćäžș珏äžïŒèżæŻç±äșdYdXćŻčæ°çšæ·ïŒć ¶ä»Łćžææè æäŸèŸć€äș€æèŽčćć ă
ćŸèĄš 11ïŒäž»èŠć»äžćżćæ°žç»ćçșŠäș€ææäžćĄè§æšĄćŻčæŻ
ä»ŁèĄšæšĄćŒćŻčæŻ
InjectiveïŒMangoéœæŻćdYdXäžæ ·éçšèźąćèæšĄćïŒäžäș€æéąćdYdXçžć·źçèżăć æ€æŹæŹĄä» æéæșć¶æä»ŁèĄšæ§çæ çèżèĄćŻčæŻïŒäžèĄšć°dYdXïŒperpetual protocolćGMXä»æșć¶èźŸèźĄïŒäș€ææ·±ćșŠïŒæ çćŻćŸæ§ăæ”ćšæ§æäŸè çæ¶ççè§ćșŠèżèĄćŻčæŻă
dYdXçźćäș€æéèżè¶ ćç±»äș§ćïŒäœæ žćżæșć¶ä»ç¶æŻç §æŹCEXïŒé€äșæäŸä»Łćžæżć±ćžćŒć°æ”ćšæ§ć€ïŒæČĄæć€Șć€ćæ°ăç±äșéŸäžäș€æææŹé«ïŒèźąćèæšĄćçDEXéŸä»„ćCEXç«äșăé€æ€ä»„ć€ïŒdYdXäœżçšäžäčäžć»äžćżćïŒçšæ·äș€æéèŠćźæKYCćéąć ć „éăć ¶ćć§äșșäčèĄšç€șïŒä»ä»Źçźæ ćźąæ·çŸ€äœæŻé«äș€æéçäžäžäș€æè ćæșæçšæ·ïŒäŒæ性éæććæ€ćæäœïŒă
Perpetualć ćć©çšäșDeFiçćŻç»ćæ§ïŒć°UniswapV3äœäžșæ§èĄć±ćæ„æŻæä»»äœè”äș§äœäžșćçșŠäș€æăäœæŻć ¶æ°žç»ćçșŠçäș€ææ·±ć±èżäœäșć»äžćżćäș€ææïŒéŁé©ćć€éçç»è„è§æšĄäčæČĄæłäžć»äžćżćäș€ææçžèŸïŒćŠć€ïŒPerpetual Protocol çäș€æè ççäșæ”çźéćžžć€æăæ»èèšäčïŒçźćPerpetual Protocol çćźąæ·äœéȘäčæćŸ æčćă
GMXæŽćæŻéè§çšæ·äœéȘçè”ćșïŒé¶æ»çčçèŻć„œäș€æäœéȘćžćŒæŁæ·äžșäž»ç矀äœć „ćșäș€æïŒćæ¶èŻć„œç代ćžèźŸèźĄćžćŒæ”ćšæ§æäŸè ăäœæșć¶æŹèș«ććšçŒșé·èæ æłè§æšĄćïŒäŸè”éąèšæșæ„ä»·ćŻŒèŽæŻæćžç§ć°ïŒäžæČĄæä»·æ Œćç°ćèœă
绌äžæèż°ïŒä»„äžæšĄćŒćšç°é¶æź”ćæć©ćŒïŒć»äžćżćäș€ææä»ćšèżäžæ„èżä»Łäș§ćïŒçźćæ æłć€æćȘç§æšĄćŒæŻææćŻèœæćïŒæèźžèżäșæšĄćŒéœèœæŸć°æéćçćșçšćșæŻă
éèŻç»æ”æšĄććæ
代ćžæ»éććé æ ć”
GMXéçšććžæšĄćïŒGLPäœäžșæ”ćšæ§èŻæïŒäŸćșæČĄæäžéïŒGMXäœäžșæČ»çććźçšć代ćžăææè ćŻæèźźèźźæĄćč¶èżèĄæ焚代ćžïŒæ»éäžș1325äžæïŒć ¶äž799äžæć·Čæ”éïŒ60%ïŒïŒGMXææè ćŻDAOæç„šææĄćąć GMXæ»äŸćșéă
ćșä»·ćșé
ćșä»·ćșéçšäșäżèŻGLPçæ”ćšæ§ćč¶ćŻč莚æŒçGMXæäŸETHć„ć±ăæȘæ„ćŻçšäșćèŽćč¶éæŻGMXæ„äżèŻGMXćETHäčéŽççžćŻčä»·æ Œă
代ćžçä»·ćŒæè·
GMXç代ćžä»·ćŒæè·ć ćïŒæ¶ć „100%ććç»ä»Łćžææè ïŒ30%ç»GMXïŒ70%ç»GLPïŒăäžéèżETHćAVAXćæŸïŒèéćčłć°ä»ŁćžçćąćïŒç»ä»Łćžææè 枊æ„çćźæ¶çă
æ€ć€GMXç代ćžç»æ”èżćŒć „äșEscrowed GMXćäčçčæ„éŒć±éżæææïŒèŻŠæ ćŠäžïŒ
Escrowed GMX
Escrowed GMXćłäžșćæ知ç GMXïŒäžćŻèœŹèź©ïŒćŻä»„莚æŒćè§ŁéïŒèŽšæŒEscrowed GMXäžGMXäžæ ·ćŻćäș«ćčłć°æç»èŽčæ¶çăèè§ŁéEscrowed GMXéèŠçćŸ 1ćčŽæèœéæžè§ŁéïŒćšæ€æéŽçšæ·ä»é继ç»èŽšæŒ GMX æ GLPă
äčçč
ćœçšæ·èŽšæŒ GMX æ¶ïŒæŻç§éœäŒè·ćŸäčçčæ°ăèŽšæŒ 1000 äžȘ GMX äžćčŽïŒćŻè·ćŸ 1000 äžȘäčçčæ°ăçšæ·ćŻä»„继ç»èŽšæŒäčçčæ°ïŒæŻäžȘäčçčæ°ćŻè·ćŸäž GMX çžćç莚æŒæ¶çăäžæŠçšæ·ćæ¶èŽšæŒ GMXïŒćäŒéæŻçžćșæŻäŸçäčçčæ°ăäčć°±æŻèŻŽïŒćœæäžȘçšæ·ćć§èŽšæŒ GMX æ¶ïŒćŻä»„è·ćŸ esGMX ćäčçč MPăćŻä»„ć° esGMX ć MP ć莚æŒä»„æé« APRăèŽšæŒ GMX æ°éè¶ć€§ïŒæ¶éŽè¶éżïŒćŻä»„ćäș«çćèźźæ¶ć „æŻäŸć°±è¶é«ă
䌰ćŒæ°Žćčł
æ©«ć䌰ćŒćŻčæŻ
çźćGMX代ćžć·ČéæŸ60%ïŒPerpetualć·ČéæŸ50%ïŒdYdXä» éæŸ13%ăæȘéæŸä»Łćžè¶ć€ïŒćæȘæ„代ćžä»·ćŒèą«èżäžæ„çšéççšćșŠć°±è¶é«ăæ čæźtoken terminalćš2022/10/11çæ°æźïŒä»ćźć šçšé䌰ćŒ/äș€ææç»èŽčććźć šçšé䌰ćŒ/ćèźźæ¶ć „è§ćșŠïŒGMXç䌰ćŒçžćŻčdYdXćPerpetual ProtocolæŽäŸżćźă
çș”ć䌰ćŒćŻčæŻ
ä»èżćŸ6äžȘæćźć šçšéćžćŒ/æç»èŽč䌰ćŒçïŒGMXćæ ·ć€äș䌰ćŒèŸäœćșéŽă
æȘæ„ć±æ
çźćæ„èŻŽïŒGMXæŽćæŻäžäžȘèżèœŹèŻć„œçè”ćșïŒèäžæŻäș€ææïŒæșæșäžæćžćŒææșè ćæ„äș€æïŒäș§çæŽć€çæç»èŽčç»GMX/GLPæäŸèŻć„œçćæ„ïŒććžćŒæŽć€æ”ćšæ§æäŸè ăäœGMXçèźŸèźĄććšèŻžć€çŒșé·ïŒäŸćŠæŻæçćžç§ć°ïŒæ”ćšæ§æäŸè éŁé©æćŁé«ïŒéąèšæșæçș”ïŒæšĄćŒæ æłè§æšĄćçéźéąăèżäșéèŠćŒććąéćšæȘæ„çæŹèżä»Łäžè§ŁćłïŒćłć°ććžçX4ææć°GMXä»äș€æćčłć°ćäžșéĄčçźæčćŻçšçDeFić·„ć ·çź±ă
äș€æćčłć°æ”ćšæ§æć ćșćźæŻGMXçćŠäžćąéżçčïŒGMXäčćšè·ŻçșżćŸçŹŹäșé¶æź”æćæŽæłšéç»æćäș§ćïŒæ„èȘć ¶ä»DeFićèźźăæ¶çèććšćŻčGLPçéæ±ć°èżäžæ„æšćšć ¶TVLćąéżă
ć€éŸæ©ć±ïŒæŻææŽć€è”äș§äčæŻćŻèœçćąéżæčćŒïŒ21ćčŽćșäžçșżçAvalancheçźćèŽĄçźäș1/3çäș€æéąăćąéäčćæćšBSCäžćŒćçç»éȘïŒćč¶æèźĄćæŻææŽć€EVMć ŒćźčçéŸă
æŽć€§çæłè±Ąç©șéŽæ„èȘć»DeFić©çšæșèœćçșŠć代éèäžä»ïŒä»èäžșçšæ·ćć°âäžéŽäșșâæŻćșïŒGMXèżäžćé çŸäșżçŸć äș€æè§æšĄçéŸäžäș€ææïŒè”·ćæ žćżćąéćŽä» ćȘæ4äșșïŒć ¶äœćç±ç€ŸćșèȘćć»șèźŸăäžäŒ ç»éèæșæćç§æäŒäžćŻčæŻïŒGMXćäœéććé æ¶ć „æŽé«ïŒäŒ°ćŒäčæŽäœăè„DeFiçææŻæç»èœä»ć ćŻèŽ§ćžéąćç ŽćïŒć°ææŽć€§çćąéżç©șéŽćæœćă
俥æŻæ„æș
https://threadreaderapp.com/thread/1571554171395923968.html
https://gmxio.gitbook.io/gmx/
https://gmx-io.notion.site/gmx-io/GMX-Technical-Overview-47fc5ed832e243afb9e97e8a4a036353
https://www.panewslab.com/zh/articledetails/1643522822971920.html
https://messari.io/report/gmx-spotting-the-future
https://foresightnews.pro/article/detail/9580
BTC
ETH
AVAX
Explore the latest crypto news
âĄïž Be a part of the latests discussions in crypto
đŹ Interact with your favorite creators
đ Enjoy content that interests you
Email / Phone number
Sign Up
Login
Latest News
Merlin Chain Announces Bridge to Ethereum Mainnet
--
Ripple Secures Financial Services License Approval In Dubai
--
Japan's Central Bank Considers Rate Hike Amid US Economic Concerns
--
Arbitrum One Surpasses 1 Billion Transactions Since Launch
--
BTC And ETH Options Open Interest Values Revealed
--
View More
Sitemap
Cookie Preferences
Platform T&Cs