{"id":714186,"date":"2026-02-03T14:42:46","date_gmt":"2026-02-03T06:42:46","guid":{"rendered":"https:\/\/www.alphaseek.cn\/?p=714186"},"modified":"2026-02-03T14:42:46","modified_gmt":"2026-02-03T06:42:46","slug":"%e6%b7%b1%e5%ba%a6%e7%a0%94%e6%8a%a5%ef%bc%9afintech-%e9%9d%a0%e6%8a%bd%e6%88%90%e8%ba%ba%e8%b5%a2%ef%bc%8cdefi-%e6%b5%81%e6%b0%b4%e4%b8%87%e4%ba%bf%e5%8d%b4%e5%8f%aa%e8%b5%9a%e9%9b%b6%e5%a4%b4","status":"publish","type":"post","link":"https:\/\/www.alphaseek.cn\/?p=714186","title":{"rendered":"\u6df1\u5ea6\u7814\u62a5\uff1aFintech \u9760\u62bd\u6210\u8eba\u8d62\uff0cDeFi \u6d41\u6c34\u4e07\u4ebf\u5374\u53ea\u8d5a\u96f6\u5934"},"content":{"rendered":"<p>\u6765\u6e90\uff1aArtemis &#038; <span><a href=\"https:\/\/www.bitpush.news\/articles\/tag\/fintech\" title=\"\u67e5\u770bFintech\u4e2d\u7684\u5168\u90e8\u6587\u7ae0\" target=\"_blank\" rel=\"noopener\">Fintech<\/a> Architects <\/span><\/p>\n<p>\u539f\u6807\u9898\uff1aReport: Is Fintech or <a href=\"https:\/\/www.bitpush.news\/articles\/tag\/defi\" title=\"\u67e5\u770bDeFi\u4e2d\u7684\u5168\u90e8\u6587\u7ae0\" target=\"_blank\" rel=\"noopener\">DeFi<\/a> a better financial system?<\/p>\n<p>\u7f16\u8bd1\u53ca\u6574\u7406\uff1aBitpushNews<\/p>\n<hr\/>\n<p><strong>\u524d\u8a00\uff1a<\/strong><\/p>\n<p>Fintech Architects \u8054\u5408\u6570\u5b57\u91d1\u878d<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e6%99%ba%e5%ba%93\" title=\"View all posts in \u667a\u5e93\" target=\"_blank\" class=\"tag_link\">\u667a\u5e93<\/a> Artemis \u5171\u540c\u53d1\u5e03\u4e86\u9996\u4efd\u91d1\u878d\u79d1\u6280\uff08Fintech\uff09\u4e0e\u53bb\u4e2d\u5fc3\u5316\u91d1\u878d\uff08DeFi\uff09\u7684\u5173\u952e\u7ee9\u6548\u6307\u6807\uff08KPI\uff09\u5bf9\u6bd4\u5206\u6790\u62a5\u544a\u3002\u5982\u679c\u4f60\u66fe\u7ea0\u7ed3\u4e8e <a href=\"https:\/\/www.bitpush.news\/articles\/tag\/robinhood\" title=\"\u67e5\u770bRobinhood\u4e2d\u7684\u5168\u90e8\u6587\u7ae0\" target=\"_blank\" rel=\"noopener\">Robinhood<\/a> \u548c Uniswap \u8c01\u662f\u66f4\u503c\u5f97<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e6%8a%95%e8%b5%84\" title=\"View all posts in \u6295\u8d44\" target=\"_blank\" class=\"tag_link\">\u6295\u8d44<\/a>\u7684\u8d44\u4ea7\uff0c\u90a3\u4e48\u4f60\u6765\u5bf9\u5730\u65b9\u4e86\u3002<\/p>\n<p><img src=\"https:\/\/images.bitpush.news\/cn\/20260131\/176980304596342716.png\" title=\"1769801553998761.png\" alt=\"\u6df1\u5ea6\u7814\u62a5\uff1aFintech \u9760\u62bd\u6210\u8eba\u8d62\uff0cDeFi \u6d41\u6c34\u4e07\u4ebf\u5374\u53ea\u8d5a\u96f6\u5934\" style=\"display:block; margin-left:auto; margin-right:auto;\"\/><\/p>\n<p>\u672c\u62a5\u544a\u9996\u6b21\u5c06\u91d1\u878d\u79d1\u6280\u80a1\u548c\u52a0\u5bc6<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e4%bb%a3%e5%b8%81\" title=\"View all posts in \u4ee3\u5e01\" target=\"_blank\" class=\"tag_link\">\u4ee3\u5e01<\/a>\u653e\u5728\u540c\u4e00\u7ef4\u5ea6\u8fdb\u884c\u5bf9\u6bd4\u3002\u6db5\u76d6\u652f\u4ed8\u3001\u6570\u5b57\u94f6\u884c\u3001\u4ea4\u6613\u3001\u501f\u8d37\u53ca<a href=\"https:\/\/www.bitpush.news\/articles\/tag\/%e9%a2%84%e6%b5%8b%e5%b8%82%e5%9c%ba\" title=\"\u67e5\u770b\u9884\u6d4b\u5e02\u573a\u4e2d\u7684\u5168\u90e8\u6587\u7ae0\" target=\"_blank\" rel=\"noopener\">\u9884\u6d4b\u5e02\u573a<\/a>\u7b49\u9886\u57df\uff0c\u62a5\u544a\u5bf9\u6bd4\u4e86\u8425\u6536\u3001\u7528\u6237\u6570\u3001\u62bd\u6210\u7387\uff08Take Rates\uff09\u3001\u884c\u4e1a KPI \u53ca\u4f30\u503c\u6307\u6807\u3002\u7ed3\u679c\u4ee4\u4eba\u9707\u60ca\uff1a<\/p>\n<ul>\n<li>\n<p><span data-slug=\"hyperliquid\">Hyperliquid<\/span> \u7684\u4ea4\u6613\u91cf\u5df2\u8fbe\u5230 <span data-slug=\"robinhood_crypto\">Robinhood<\/span> \u7684 50% \u4ee5\u4e0a\uff1b<\/p>\n<\/li>\n<li>\n<p><span data-slug=\"defi\">DeFi<\/span> \u534f\u8bae <span data-slug=\"aave\">Aave<\/span> \u7684\u672a\u507f\u8d37\u6b3e\u603b\u989d\u8d85\u8fc7\u4e86\u5148\u4e70\u540e\u4ed8\u5de8\u5934 Klarna\uff1b<\/p>\n<\/li>\n<li>\n<p><a href=\"https:\/\/www.alphaseek.cn\/?tag=%e7%a8%b3%e5%ae%9a%e5%b8%81\" title=\"View all posts in \u7a33\u5b9a\u5e01\" target=\"_blank\" class=\"tag_link\">\u7a33\u5b9a\u5e01<\/a>\u7ed3\u7b97\u7f51\u7edc\u7684\u589e\u957f\u901f\u5ea6\u8fdc\u8d85\u4f20\u7edf\u652f\u4ed8\u63d0\u4f9b\u5546\uff1b<\/p>\n<\/li>\n<li>\n<p><span data-slug=\"phantom\">Phantom<\/span> \u548c <span data-slug=\"metamask\">MetaMask<\/span> \u7b49\u94b1\u5305\u7684\u7528\u6237\u89c4\u6a21\u5df2\u8db3\u4ee5\u4e0e <span data-slug=\"nubank\">Nubank<\/span>\u3001<span data-slug=\"revolut\">Revolut<\/span> \u7b49\u6570\u5b57\u94f6\u884c\u5de8\u5934\u6bd4\u80a9\u3002<\/p>\n<\/li>\n<\/ul>\n<p>\u6211\u4eec\u53d1\u73b0\uff0c\u4f30\u503c\u5145\u5206\u4f53\u73b0\u4e86\u8fd9\u79cd\u535a\u5f08\uff1a\u52a0\u5bc6\u8d44\u4ea7\u6839\u636e\u5176\u9884\u671f\u7684\u53d8\u73b0\u80fd\u529b\uff0c\u8981\u4e48\u5904\u4e8e\u6781\u9ad8\u7684\u6ea2\u4ef7\uff0c\u8981\u4e48\u5904\u4e8e\u6781\u6df1\u7684\u6298\u4ef7\u3002\u6700\u7ec8\uff0c\u6211\u4eec\u8ba4\u4e3a\u4e24\u8005\u878d\u5408\u7684\u6838\u5fc3\u95ee\u9898\u5728\u4e8e\uff1a\u662f\u52a0\u5bc6\u884c\u4e1a\u5b66\u4f1a\u5efa\u7acb\u201c\u6536\u8d39\u7ad9\u201d\uff0c\u8fd8\u662f\u91d1\u878d<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e7%a7%91%e6%8a%80%e8%a1%8c%e4%b8%9a\" title=\"View all posts in \u79d1\u6280\u884c\u4e1a\" target=\"_blank\" class=\"tag_link\">\u79d1\u6280\u884c\u4e1a<\/a>\u8f6c\u800c\u91c7\u7528\u52a0\u5bc6\u884c\u4e1a\u7684\u201c\u5f00\u653e\u8f68\u9053\u201d\uff1f<\/p>\n<h2>\u4e24\u4e2a\u91d1\u878d\u4f53\u7cfb\u7684\u535a\u5f08<\/h2>\n<p>\u591a\u5e74\u6765\uff0c\u6211\u4eec\u4e00\u76f4\u5c06<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e5%8a%a0%e5%af%86%e8%b4%a7%e5%b8%81\" title=\"View all posts in \u52a0\u5bc6\u8d27\u5e01\" target=\"_blank\" class=\"tag_link\">\u52a0\u5bc6\u8d27\u5e01<\/a>\u548c\u91d1\u878d\u79d1\u6280\u89c6\u4e3a\u5e73\u884c\u5b87\u5b99\u3002\u4e00\u4e2a\u662f\u53d7\u76d1\u7ba1\u3001\u53d7\u5ba1\u8ba1\u3001\u5728\u7eb3\u65af\u8fbe\u514b\u4ea4\u6613\u7684\u4f53\u7cfb\uff1b\u53e6\u4e00\u4e2a\u5219\u662f\u65e0\u9700\u8bb8\u53ef\u3001\u5728\u53bb\u4e2d\u5fc3\u5316\u548c\u4e2d\u5fc3\u5316\u4ea4\u6613\u6240\u4ea4\u6613\u7684\u4f53\u7cfb\u3002\u5b83\u4eec\u5171\u7528\u4e00\u5957\u8bed\u8a00\uff1a\u8425\u6536\u3001\u4ea4\u6613\u91cf\u3001\u652f\u4ed8\u3001\u501f\u8d37\u3001\u4ea4\u6613\uff0c\u4f46\u5374\u5e26\u7740\u4e0d\u540c\u7684\u201c\u53e3\u97f3\u201d\u3002<\/p>\n<p>\u8fd9\u79cd\u60c5\u51b5\u6b63\u5728\u53d1\u751f\u6539\u53d8\u3002\u968f\u7740 <span data-slug=\"stripe\">Stripe<\/span> <a href=\"https:\/\/www.alphaseek.cn\/?tag=%e6%94%b6%e8%b4%ad\" title=\"View all posts in \u6536\u8d2d\" target=\"_blank\" class=\"tag_link\">\u6536\u8d2d<\/a> <a href=\"https:\/\/www.bitpush.news\/articles\/tag\/bridge\" title=\"\u67e5\u770bBridge\u4e2d\u7684\u5168\u90e8\u6587\u7ae0\" target=\"_blank\" rel=\"noopener\">Bridge<\/a>\u3001Robinhood \u63a8\u51fa\u9884\u6d4b\u5e02\u573a\u3001<span data-slug=\"paypal\">PayPal<\/span> \u94f8\u9020\u81ea\u5df1\u7684\u7a33\u5b9a\u5e01\uff0c\u754c\u9650\u5f00\u59cb\u6a21\u7cca\u3002\u95ee\u9898\u5728\u4e8e\uff0c\u5f53\u8fd9\u4e24\u4e2a\u4e16\u754c\u53d1\u751f\u78b0\u649e\u65f6\uff0c\u5b9e\u529b\u5bf9\u6bd4\u7a76\u7adf\u5982\u4f55\uff1f<\/p>\n<p><img src=\"https:\/\/images.bitpush.news\/cn\/20260131\/176980304543250281.png\" title=\"1769801587873989.png\" alt=\"\u6df1\u5ea6\u7814\u62a5\uff1aFintech \u9760\u62bd\u6210\u8eba\u8d62\uff0cDeFi \u6d41\u6c34\u4e07\u4ebf\u5374\u53ea\u8d5a\u96f6\u5934\" style=\"display:block; margin-left:auto; margin-right:auto;\"\/><\/p>\n<blockquote>\n<p><span>\u5bf9\u6bd4\u56fe\u8868\u8bf4\u660e\uff1a \u5728\u6211\u4eec\u7684\u56fe\u8868\u4e2d\uff0c\u7d2b\u8272\u4ee3\u8868\u52a0\u5bc6<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e8%b4%a7%e5%b8%81\" title=\"View all posts in \u8d27\u5e01\" target=\"_blank\" class=\"tag_link\">\u8d27\u5e01<\/a>\uff08Crypto\uff09\uff0c\u7eff\u8272\u4ee3\u8868\u80a1\u6743\u7c7b\u516c\u53f8\uff08Equities\uff09\u3002\u76ee\u524d Robinhood \u5728\u4ea4\u6613\u91cf\u4e0a\u4f4d\u5c45\u7b2c\u4e00\uff0c\u4f46\u7d27\u968f\u5176\u540e\u7684\u7b2c\u4e8c\u540d\u6b63\u662f Hyperliquid\u2026\u2026<\/span><\/p>\n<\/blockquote>\n<p>\u6211\u4eec\u51b3\u5b9a\u8fdb\u884c\u8fd9\u9879\u5b9e\u9a8c\uff1a\u9009\u53d6\u652f\u4ed8\u3001\u6570\u5b57\u94f6\u884c\u3001\u5148\u4e70\u540e\u4ed8\uff08BNPL\uff09\u548c\u96f6\u552e\u7ecf\u7eaa\u5546\u7b49\u9886\u57df\u7684\u77e5\u540d\u91d1\u878d\u79d1\u6280\u516c\u53f8\uff0c\u5e76\u5c06\u5b83\u4eec\u4e0e\u52a0\u5bc6\u539f\u751f\u7684\u5bf9\u6807\u534f\u8bae\u8fdb\u884c\u5806\u53e0\u5bf9\u6bd4\u3002\u6211\u4eec\u4f7f\u7528\u4e86\u76f8\u540c\u7684\u6307\u6807\uff08P\/S \u5e02\u9500\u7387\u3001ARPU \u4eba\u5747\u8425\u6536\u3001TPV \u603b\u652f\u4ed8\u91cf\u3001\u7528\u6237\u6570\u7b49\uff09\uff0c\u7eff\u8272\u67f1\u72b6\u56fe\u4ee3\u8868\u7f8e\u80a1\uff0c\u7d2b\u8272\u67f1\u72b6\u56fe\u4ee3\u8868\u4ee3\u5e01\u534f\u8bae\u3002<\/p>\n<p>\u4e00\u5e45\u5173\u4e8e\u8fd9\u4e24\u4e2a\u91d1\u878d\u4f53\u7cfb\u7684\u5168\u666f\u56fe\u6d6e\u73b0\u51fa\u6765\uff1a\u94fe\u4e0a\u91d1\u878d\u534f\u8bae\u5728\u4ea4\u6613\u91cf\u548c\u8d44\u4ea7\u89c4\u6a21\u4e0a\u5f80\u5f80\u80fd\u4e0e\u91d1\u878d\u79d1\u6280\u5bf9\u624b\u6301\u5e73\u751a\u81f3\u8d85\u8d8a\uff0c\u4f46\u5b83\u4eec\u6355\u83b7\u7684\u7ecf\u6d4e\u6548\u76ca\u5374\u53ea\u662f\u5bf9\u65b9\u7684\u4e00\u5c0f\u90e8\u5206\u3002 \u76f8\u6bd4\u4e4b\u4e0b\uff0c\u52a0\u5bc6\u8d44\u4ea7\u7684\u4f30\u503c\u8981\u4e48\u6781\u9ad8\uff0c\u8981\u4e48\u6781\u4f4e\uff0c\u5f88\u5c11\u6709\u4e2d\u95f4\u5730\u5e26\u3002\u800c\u4e14\u4e24\u8005\u7684\u589e\u957f\u901f\u5ea6\u5b8c\u5168\u4e0d\u5728\u4e00\u4e2a\u91cf\u7ea7\u3002<\/p>\n<h3>\u652f\u4ed8\u9886\u57df\uff1a\u8d44\u91d1\u6d41\u52a8\u7684\u7ba1\u9053<\/h3>\n<p>\u4ece\u91d1\u878d\u79d1\u6280\u6700\u5927\u7684\u7c7b\u522b\u2014\u2014\u8d44\u91d1\u8f6c\u79fb\u5f00\u59cb\u3002<\/p>\n<p>\u7eff\u8272\u9635\u8425\uff08\u5de8\u5934\u6797\u7acb\uff09\uff1a<\/p>\n<ul>\n<li>\n<p>PayPal \u5e74\u4ea4\u6613\u91cf\u8fbe 1.76 \u4e07\u4ebf\u7f8e\u5143\u3002<\/p>\n<\/li>\n<li>\n<p><a href=\"https:\/\/www.bitpush.news\/articles\/tag\/adyen\" title=\"\u67e5\u770bAdyen\u4e2d\u7684\u5168\u90e8\u6587\u7ae0\" target=\"_blank\" rel=\"noopener\">Adyen<\/a> \u5904\u7406\u91cf\u8fbe 1.5 \u4e07\u4ebf\u7f8e\u5143\u3002<\/p>\n<\/li>\n<li>\n<p><a href=\"https:\/\/www.bitpush.news\/articles\/tag\/fiserv\" title=\"\u67e5\u770bFiserv\u4e2d\u7684\u5168\u90e8\u6587\u7ae0\" target=\"_blank\" rel=\"noopener\">Fiserv<\/a>\uff08\u90a3\u4e2a\u51e0\u4e4e\u88ab\u9057\u5fd8\u7684<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e5%9f%ba%e5%bb%ba\" title=\"View all posts in \u57fa\u5efa\" target=\"_blank\" class=\"tag_link\">\u57fa\u5efa<\/a>\u5c42\uff09\u5904\u7406\u4e86 3200 \u4ebf\u7f8e\u5143\u3002<\/p>\n<\/li>\n<li>\n<p><span data-slug=\"block\">Block<\/span>\uff08\u539f Square\uff09\u901a\u8fc7 <span data-slug=\"cash_app\">Cash App<\/span> \u548c\u5546\u6237\u7f51\u7edc\u63a8\u52a8\u4e86 2550 \u4ebf\u7f8e\u5143\u3002<\/p>\n<\/li>\n<\/ul>\n<p><img src=\"https:\/\/images.bitpush.news\/cn\/20260131\/176980304578955079.png\" title=\"1769801623128596.png\" alt=\"\u6df1\u5ea6\u7814\u62a5\uff1aFintech \u9760\u62bd\u6210\u8eba\u8d62\uff0cDeFi \u6d41\u6c34\u4e07\u4ebf\u5374\u53ea\u8d5a\u96f6\u5934\" style=\"display:block; margin-left:auto; margin-right:auto;\"\/><\/p>\n<p>\u7d2b\u8272\u9635\u8425\uff08Artemis \u4f30\u7b97\u7684\u5e74\u5316 B2B \u652f\u4ed8\u91cf\uff09\uff1a<\/p>\n<ul>\n<li>\n<p>Tron \u79fb\u52a8\u4e86 680 \u4ebf\u7f8e\u5143\u7a33\u5b9a\u5e01\u3002<\/p>\n<\/li>\n<li>\n<p>Ethereum \u8fbe\u5230\u4e86 412 \u4ebf\u7f8e\u5143\u3002<\/p>\n<\/li>\n<li>\n<p>BNB \u4e3a 186 \u4ebf\u7f8e\u5143\u3002<\/p>\n<\/li>\n<li>\n<p>Solana \u7ea6\u4e3a 65 \u4ebf\u7f8e\u5143\u3002<\/p>\n<\/li>\n<\/ul>\n<p>\u4ece\u7edd\u5bf9\u6570\u5b57\u6765\u770b\uff0c\u4e24\u8005\u8fd8\u4e0d\u5728\u4e00\u4e2a\u91cf\u7ea7\u3002\u6240\u6709\u4e3b\u6d41\u516c\u94fe\u7684\u7a33\u5b9a\u5e01\u8f6c\u8d26\u91cf\u4ec5\u7ea6\u4e3a\u4f20\u7edf\u91d1\u878d\u79d1\u6280\u652f\u4ed8\u5904\u7406\u5546\u7684 2%\u3002\u5728\u5e02\u573a\u4efd\u989d\u56fe\u8868\u4e0a\uff0c\u7d2b\u8272\u6761\u67f1\u51e0\u4e4e\u53ef\u4ee5\u5ffd\u7565\u4e0d\u8ba1\u3002<\/p>\n<p>\u4f46\u6709\u8da3\u7684\u662f\u589e\u957f\u7387\uff1a<\/p>\n<p>\u53bb\u5e74\uff0cPayPal \u7684\u652f\u4ed8\u603b\u91cf\u4ec5\u589e\u957f\u4e86 6%\uff0cBlock \u589e\u957f\u4e86 8%\uff0c<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e6%ac%a7%e6%b4%b2\" title=\"View all posts in \u6b27\u6d32\" target=\"_blank\" class=\"tag_link\">\u6b27\u6d32<\/a>\u5ba0\u513f Adyen \u5b9e\u73b0\u4e86 43% \u7684\u589e\u957f\uff08\u8fd9\u5728\u91d1\u878d\u79d1\u6280\u6807\u51c6\u4e0b\u5df2\u7ecf\u975e\u5e38\u5f3a\u52b2\uff09\u3002<\/p>\n<p>\u518d\u770b<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e5%8c%ba%e5%9d%97%e9%93%be\" title=\"View all posts in \u533a\u5757\u94fe\" target=\"_blank\" class=\"tag_link\">\u533a\u5757\u94fe<\/a>\uff1aTron \u589e\u957f\u4e86 493%\uff0cEthereum \u589e\u957f\u4e86 652%\uff0cBNB \u589e\u957f\u4e86 648%\uff0c\u800c Solana \u6700\u5feb\uff0c\u8fbe\u5230\u4e86 755% \u7684\u540c\u6bd4\u589e\u901f\u3002 \u9700\u8981\u5f3a\u8c03\u7684\u662f\uff0c\u8fd9\u662f Artemis \u6570\u636e\u56e2\u961f\u57fa\u4e8e\u9ea6\u80af\u9521\u7814\u7a76\u4f30\u7b97\u7684 B2B \u652f\u4ed8\u91cf\u3002<\/p>\n<p><img src=\"https:\/\/images.bitpush.news\/cn\/20260131\/176980304582824417.png\" title=\"1769801662514155.png\" alt=\"\u6df1\u5ea6\u7814\u62a5\uff1aFintech \u9760\u62bd\u6210\u8eba\u8d62\uff0cDeFi \u6d41\u6c34\u4e07\u4ebf\u5374\u53ea\u8d5a\u96f6\u5934\" style=\"display:block; margin-left:auto; margin-right:auto;\"\/>\u7ed3\u8bba\uff1a \u7a33\u5b9a\u5e01\u8f68\u9053\u7684\u589e\u957f\u901f\u5ea6<strong>\u8fdc\u8d85<\/strong>\u4f20\u7edf\u652f\u4ed8\u65b9\u5f0f\uff0c\u5c3d\u7ba1\u5b83\u4eec\u7684\u8d77\u70b9\u8981\u5c0f\u5f97\u591a\u3002<\/p>\n<p>\u63a5\u4e0b\u6765\u770b\u8c01\u66f4\u8d5a\u94b1\uff1fFiserv \u4ece\u6bcf\u7b14\u4ea4\u6613\u4e2d\u62bd\u8d70 3.16%\uff0cBlock \u62bd\u8d70 2.62%\uff0cPayPal \u62bd\u8d70 1.68%\u3002\u5373\u4fbf\u662f\u8fd0\u884c\u4f4e\u5229\u6da6\u4f01\u4e1a\u6a21\u5f0f\u7684 Adyen\uff0c\u4e5f\u6709 15 \u4e2a\u57fa\u70b9\u7684\u63d0\u6210\u3002<\/p>\n<p><img src=\"https:\/\/images.bitpush.news\/cn\/20260131\/176980304617842759.png\" title=\"1769801691308193.png\" alt=\"\u6df1\u5ea6\u7814\u62a5\uff1aFintech \u9760\u62bd\u6210\u8eba\u8d62\uff0cDeFi \u6d41\u6c34\u4e07\u4ebf\u5374\u53ea\u8d5a\u96f6\u5934\" style=\"display:block; margin-left:auto; margin-right:auto;\"\/>\u81f3\u4e8e\u533a\u5757\u94fe\uff0c\u5b83\u4eec\u5728\u7a33\u5b9a\u5e01\u53ca\u8d44\u4ea7\u8f6c\u8d26\u4e0a\u7684\u62bd\u6210\u7387\uff08Take Rate\uff09\u6781\u4f4e\uff0c\u7ea6\u5728 1 \u5230 9 \u4e2a\u57fa\u70b9\u4e4b\u95f4\u3002\u533a\u5757\u94fe\u901a\u8fc7\u6536\u53d6 Gas \u8d39\u6765\u8fd0\u4f5c\uff0c\u901a\u8fc7\u89c4\u907f\u5237\u5361\u624b\u7eed\u8d39\uff08Interchange Fees\uff09\u548c\u5546\u6237\u8d39\uff0c\u5b9e\u73b0\u4e86\u76f8\u5bf9\u4e8e\u4f20\u7edf\u6e20\u9053\u7684\u5de8\u5927\u6548\u7387\u4f18\u52bf\u3002\u867d\u7136\u8fd9\u9650\u5236\u4e86\u5e95\u5c42\u534f\u8bae\u7684\u6536\u5165\uff0c\u4f46\u4e3a\u4e0a\u5c42\u7684\u652f\u4ed8\u7f16\u6392\u8005\u521b\u9020\u4e86\u53e0\u52a0\u8d39\u7528\u7684\u5229\u6da6\u7a7a\u95f4\u3002<\/p>\n<h3>\u6570\u5b57\u94f6\u884c\uff1a\u94b1\u5305\u6210\u4e3a\u65b0\u578b\u94f6\u884c\u8d26\u6237<\/h3>\n<p>\u5728\u91d1\u878d\u79d1\u6280\u7aef\uff0c\u6211\u4eec\u6709\u771f\u6b63\u7684\u6301\u724c\u94f6\u884c\uff1aRevolut, Nubank, SoFi, Chime, Wise\u3002<\/p>\n<p>\u5728\u52a0\u5bc6\u7aef\uff0c\u6211\u4eec\u770b\u5230\u7684\u662f\u94b1\u5305\u548c\u6536\u76ca\u534f\u8bae\uff1aMetaMask, Phantom, Ethena, EtherFi\u3002\u5c3d\u7ba1\u5b83\u4eec\u6ca1\u6709\u201c\u94f6\u884c\u201d\u4e4b\u540d\uff0c\u4f46\u6570\u5343\u4e07\u4eba\u5c06\u8d44\u4ea7\u5b58\u653e\u4e8e\u6b64\uff0c\u5e76\u4ee5\u6b64\u8d5a\u53d6\u5229\u606f\u3002<\/p>\n<p>\u7528\u6237\u6570\u5bf9\u6bd4\uff1a<\/p>\n<ul>\n<li>\n<p>Nubank \u62e5\u6709 9350 \u4e07\u6708\u6d3b\u7528\u6237\uff08MAU\uff09\uff0c\u662f\u5168\u7403\u6700\u5927\u7684\u6570\u5b57\u94f6\u884c\u3002<\/p>\n<\/li>\n<li>\n<p>Revolut \u62e5\u6709 7000 \u4e07\u7528\u6237\u3002<\/p>\n<\/li>\n<li>\n<p>MetaMask \u4ee5 3000 \u4e07\u6708\u6d3b\u7d27\u968f\u5176\u540e\uff0c\u89c4\u6a21\u5df2\u8d85\u8fc7 Wise\u3001SoFi \u548c Chime\u3002<\/p>\n<\/li>\n<li>\n<p>Phantom \u62e5\u6709 1600 \u4e07\u6708\u6d3b\uff0c\u5e76\u5df2\u6269\u5c55\u81f3\u591a\u94fe\uff0c\u751a\u81f3\u63a8\u51fa\u4e86\u81ea\u5df1\u7684\u501f\u8bb0\u5361\u548c\u4ee3\u5e01\u5316\u80a1\u7968\u3002<\/p>\n<\/li>\n<\/ul>\n<p><img src=\"https:\/\/images.bitpush.news\/cn\/20260131\/176980304641260513.png\" title=\"1769801754428548.png\" alt=\"\u6df1\u5ea6\u7814\u62a5\uff1aFintech \u9760\u62bd\u6210\u8eba\u8d62\uff0cDeFi \u6d41\u6c34\u4e07\u4ebf\u5374\u53ea\u8d5a\u96f6\u5934\" style=\"display:block; margin-left:auto; margin-right:auto;\"\/><\/p>\n<p>\u5b58\u6b3e\u89c4\u6a21\uff08\u8d44\u91d1\u6c89\u6dc0\uff09\uff1a<\/p>\n<ul>\n<li>\n<p>Revolut \u6301\u6709 408 \u4ebf\u7f8e\u5143\u5ba2\u6237\u4f59\u989d\u3002<\/p>\n<\/li>\n<li>\n<p>Nubank \u4e3a 388 \u4ebf\u7f8e\u5143\u3002<\/p>\n<\/li>\n<li>\n<p>SoFi \u4e3a 329 \u4ebf\u7f8e\u5143\u3002<\/p>\n<\/li>\n<\/ul>\n<p>\u5728\u52a0\u5bc6\u9886\u57df\uff0cEtherFi\uff08\u6d41\u52a8\u6027\u518d\u8d28\u62bc\uff09\u6301\u6709 99 \u4ebf\u7f8e\u5143\uff0cEthena\uff08\u5408\u6210\u7f8e\u5143\uff09\u6301\u6709 79 \u4ebf\u7f8e\u5143\u3002\u867d\u7136\u8fd9\u5728\u884c\u4e1a\u5185\u88ab\u79f0\u4e3a TVL\uff08\u603b\u9501\u5b9a\u4ef7\u503c\uff09\uff0c\u4f46\u4ece\u7528\u6237\u89d2\u5ea6\u770b\uff0c\u8fd9\u5c31\u662f\u5b58\u653e\u5728\u67d0\u5904\u8d5a\u53d6\u6536\u76ca\u7684\u94b1\u3002<\/p>\n<p><img src=\"https:\/\/images.bitpush.news\/cn\/20260131\/176980304693906312.png\" title=\"1769801797206516.png\" alt=\"\u6df1\u5ea6\u7814\u62a5\uff1aFintech \u9760\u62bd\u6210\u8eba\u8d62\uff0cDeFi \u6d41\u6c34\u4e07\u4ebf\u5374\u53ea\u8d5a\u96f6\u5934\" style=\"display:block; margin-left:auto; margin-right:auto;\"\/><\/p>\n<p>\u76c8\u5229\u80fd\u529b\u5dee\u8ddd\uff1a<\/p>\n<ul>\n<li>\n<p>SoFi \u7684\u4eba\u5747\u5e74\u8425\u6536\uff08ARPU\uff09\u4e3a 264 \u7f8e\u5143\uff0c\u56e0\u4e3a\u5b83\u901a\u8fc7\u8d37\u6b3e\u3001\u6295\u8d44\u3001\u4fe1\u7528\u5361\u8fdb\u884c\u5168\u65b9\u4f4d\u4ea4\u53c9\u9500\u552e\u3002<\/p>\n<\/li>\n<li>\n<p>EtherFi \u7684\u4eba\u5747\u8425\u6536\u4e5f\u9ad8\u8fbe 256 \u7f8e\u5143\uff0c\u8db3\u4ee5\u5ab2\u7f8e SoFi\u3002\u4f46\u5c34\u5c2c\u7684\u662f\uff1aEtherFi \u53ea\u6709 2 \u4e07\u6d3b\u8dc3\u7528\u6237\uff0c\u800c SoFi \u6709 1260 \u4e07\u3002\u8fd9\u610f\u5473\u7740 DeFi \u534f\u8bae\u80fd\u50cf\u9876\u7ea7\u6570\u5b57\u94f6\u884c\u4e00\u6837\u9ad8\u6548\u5730\u69a8\u53d6\u5c0f\u4f17\u7528\u6237\u7684\u4ef7\u503c\uff0c\u4f46\u5c1a\u672a\u89e6\u8fbe\u5927\u4f17\u3002<\/p>\n<\/li>\n<li>\n<p>\u76f8\u6bd4\u4e4b\u4e0b\uff0cMetaMask \u53bb\u5e74\u6536\u5165\u7ea6 8500 \u4e07\u7f8e\u5143\uff0cARPU \u4ec5\u4e3a 3 \u7f8e\u5143\u3002<\/p>\n<\/li>\n<\/ul>\n<p><img src=\"https:\/\/images.bitpush.news\/cn\/20260131\/176980304641338943.png\" title=\"1769801824336741.png\" alt=\"\u6df1\u5ea6\u7814\u62a5\uff1aFintech \u9760\u62bd\u6210\u8eba\u8d62\uff0cDeFi \u6d41\u6c34\u4e07\u4ebf\u5374\u53ea\u8d5a\u96f6\u5934\" style=\"display:block; margin-left:auto; margin-right:auto;\"\/><\/p>\n<p>\u4f30\u503c\u903b\u8f91\uff1a<\/p>\n<p>\u5e02\u573a\u5bf9\u4e24\u8005\u7684\u4f30\u503c\u610f\u5916\u5730\u4e00\u81f4\u3002Revolut \u7684\u5e02\u9500\u7387\u4e3a 18 \u500d\uff0c\u800c EtherFi \u4e3a 13 \u500d\uff0cEthena \u4e3a 6.3 \u500d\u3002\u76ee\u524d\u7684\u878d\u5408\u8d8b\u52bf\u662f\u201c\u94b1\u5305\u94f6\u884c\u5316\u201d\uff1aMetaMask \u589e\u52a0\u501f\u8bb0\u5361\uff0cPhantom \u6574\u5408\u6cd5\u5e01\u901a\u9053\u3002<\/p>\n<p><img src=\"https:\/\/images.bitpush.news\/cn\/20260131\/176980304668880501.png\" title=\"1769801839813361.png\" alt=\"\u6df1\u5ea6\u7814\u62a5\uff1aFintech \u9760\u62bd\u6210\u8eba\u8d62\uff0cDeFi \u6d41\u6c34\u4e07\u4ebf\u5374\u53ea\u8d5a\u96f6\u5934\" style=\"display:block; margin-left:auto; margin-right:auto;\"\/><\/p>\n<h3>\u4ea4\u6613\u9886\u57df\uff1a\u94fe\u4e0a DEX \u53eb\u677f\u4f20\u7edf\u7ecf\u7eaa\u5546<\/h3>\n<p>\u5728\u8d44\u672c\u5e02\u573a\uff0c\u94fe\u4e0a\u4ea4\u6613\u6240\u7684\u4f53\u91cf\u4ee4\u4eba\u5403\u60ca\u3002<\/p>\n<ul>\n<li>\n<p>Robinhood \u8fc7\u53bb 12 \u4e2a\u6708\u5904\u7406\u4e86 4.6 \u4e07\u4ebf\u7f8e\u5143\u4ea4\u6613\u91cf\u3002<\/p>\n<\/li>\n<li>\n<p>Hyperliquid\uff08\u53bb\u4e2d\u5fc3\u5316\u6c38\u7eed\u5408\u7ea6\uff09\u5904\u7406\u4e86\u7ea6 2.6 \u4e07\u4ebf\u7f8e\u5143\u3002<\/p>\n<\/li>\n<li>\n<p>Coinbase \u5904\u7406\u4e86 1.4 \u4e07\u4ebf\u7f8e\u5143\u3002<\/p>\n<\/li>\n<li>\n<p>Uniswap\u3001Raydium \u7b49\u4e3b\u6d41 DEX \u7684\u805a\u5408\u4ea4\u6613\u91cf\u5df2\u80fd\u4e0e Coinbase \u5e73\u8d77\u5e73\u5750\u3002\u8fd9\u5728\u4e09\u5e74\u524d\u662f\u4e0d\u53ef\u60f3\u8c61\u7684\u3002<\/p>\n<\/li>\n<\/ul>\n<p><img src=\"https:\/\/images.bitpush.news\/cn\/20260131\/176980304769785971.png\" title=\"1769801856759616.png\" alt=\"\u6df1\u5ea6\u7814\u62a5\uff1aFintech \u9760\u62bd\u6210\u8eba\u8d62\uff0cDeFi \u6d41\u6c34\u4e07\u4ebf\u5374\u53ea\u8d5a\u96f6\u5934\" style=\"display:block; margin-left:auto; margin-right:auto;\"\/><\/p>\n<p>\u7136\u800c\uff0c\u201cDEX \u6096\u8bba\u201d\u5728\u4e8e\u62bd\u6210\u7387\uff1a<\/p>\n<ul>\n<li>\n<p>Robinhood \u7684\u7efc\u5408\u62bd\u6210\u7387\u4e3a 1.06%\uff0cCoinbase \u4e3a 1.03%\u3002<\/p>\n<\/li>\n<li>\n<p>DEX \u9635\u8425 \u7684\u62bd\u6210\u7387\u5219\u5728 3 \u5230 9 \u4e2a\u57fa\u70b9\u4e4b\u95f4\u3002<\/p>\n<\/li>\n<\/ul>\n<p><img src=\"https:\/\/images.bitpush.news\/cn\/20260131\/176980304719697474.png\" title=\"1769801875502770.png\" alt=\"\u6df1\u5ea6\u7814\u62a5\uff1aFintech \u9760\u62bd\u6210\u8eba\u8d62\uff0cDeFi \u6d41\u6c34\u4e07\u4ebf\u5374\u53ea\u8d5a\u96f6\u5934\" style=\"display:block; margin-left:auto; margin-right:auto;\"\/><\/p>\n<p><span>\u62bd\u6210\u7387 = LTM \u8425\u6536 \/ \u4ea4\u6613\u91cf\u3002eToro, Coinbase, Robinhood, Bullish \u7684\u8425\u6536\u6765\u81ea\u8d22\u62a5\u3002Raydium, Aerodrome, Uniswap, Meteora \u6765\u81ea Artemis<\/span>\u3002<\/p>\n<p>\u8fd9\u610f\u5473\u7740\uff1aUniswap \u5728 1 \u4e07\u4ebf\u7f8e\u5143\u7684\u4ea4\u6613\u91cf\u4e0b\u4ec5\u4ea7\u751f\u7ea6 2900 \u4e07\u7f8e\u5143\u7684\u534f\u8bae\u6536\u5165\uff1b\u800c Coinbase \u5728 1.4 \u4e07\u4ebf\u7f8e\u5143\u4ea4\u6613\u91cf\u4e0b\u80fd\u4ea7\u751f 140 \u4ebf\u7f8e\u5143\u7684\u6536\u5165\u3002<\/p>\n<p>\u5728\u5e02\u573a\u4f30\u503c\u65b9\u9762\uff0c\u7ed3\u679c\u4e0e\u8fd9\u4e9b\u95ee\u9898\u4e00\u81f4\u3002<\/p>\n<ul>\n<li>\n<p>Coinbase \u4ee5 7.1 \u500d\u9500\u552e\u989d\u4ea4\u6613<\/p>\n<\/li>\n<li>\n<p>Robinhood \u4ea4\u6613\u4ef7\u683c\u4e3a 21.3 \u500d\uff0c\u5bf9\u4e8e\u7ecf\u7eaa\u5546\u6765\u8bf4\u5f88\u9ad8\uff0c\u4f46\u53d7\u589e\u957f\u652f\u6491<\/p>\n<\/li>\n<li>\n<p>Schwab \u4e3a 8.0 \u500d\uff0c\u6210\u719f\u4e1a\u52a1\u7684\u6210\u719f\u500d\u6570<\/p>\n<\/li>\n<li>\n<p>Uniswap \u4ee5 5.0 \u500d\u8d39\u7528\uff08fees\uff09\u4ea4\u6613<\/p>\n<\/li>\n<li>\n<p>Aerodrome \u4e3a 4.8 \u500d\u8d39\u7528<\/p>\n<\/li>\n<li>\n<p>Raydium \u4e3a 1.3 \u500d\u8d39\u7528<\/p>\n<\/li>\n<\/ul>\n<p>\u5e02\u573a\u5e76\u6ca1\u6709\u50cf\u5bf9\u5f85\u9ad8\u589e\u957f\u79d1\u6280\u516c\u53f8\u90a3\u6837\u5bf9\u8fd9\u4e9b\u534f\u8bae\u8fdb\u884c\u4f30\u503c\uff0c\u90e8\u5206\u539f\u56e0\u662f\u5b83\u4eec\u4ea7\u751f\u7684\u62bd\u6210\u7387\u76f8\u5bf9\u4e8e\u4f20\u7edf\u7ecf\u7eaa\u516c\u53f8\u8f83\u4f4e\u3002<\/p>\n<p><img src=\"https:\/\/images.bitpush.news\/cn\/20260131\/176980304712996873.png\" title=\"1769802154129729.png\" alt=\"\u6df1\u5ea6\u7814\u62a5\uff1aFintech \u9760\u62bd\u6210\u8eba\u8d62\uff0cDeFi \u6d41\u6c34\u4e07\u4ebf\u5374\u53ea\u8d5a\u96f6\u5934\" style=\"display:block; margin-left:auto; margin-right:auto;\"\/><\/p>\n<p><span>\u5e02\u503c \/ LTM \u8425\u6536\u3002\u80a1\u7968\u7684\u516c\u5f00\u62a5\u544a\u5e02\u503c\u6765\u81ea\u96c5\u864e\u8d22\u7ecf\uff0c\u4ee3\u5e01\u6765\u81ea Artemis\u3002<\/span><\/p>\n<p>\u80a1\u4ef7\u8868\u73b0\u56fe\u8868\u663e\u793a\u4e86\u60c5\u7eea\u7684\u8d70\u5411\u3002 <\/p>\n<p>\u81ea 2024 \u5e74\u5e95\u4ee5\u6765\uff0cRobinhood \u4e0a\u6da8\u4e86\u7ea6 5.7 \u500d\uff0c\u642d\u4e58\u4e86\u96f6\u552e\u6295\u8d44\u548c\u52a0\u5bc6\u8d27\u5e01\u590d\u82cf\u7684\u5feb\u8f66\u3002Coinbase \u5728\u540c\u4e00\u65f6\u671f\u4e0a\u6da8\u4e86 20%\u3002Uniswap \u4e0b\u8dcc\u4e86 40%\u3002\u5c3d\u7ba1\u5927\u91cf\u4ea4\u6613\u91cf\u6d41\u5411\u4e86\u5b83\u4eec\u7684 DEX\uff0c\u4f46\u4ee3\u5e01\u5e76\u672a\u6355\u83b7\u90a3\u4e48\u591a\u4ef7\u503c\uff0c\u90e8\u5206\u539f\u56e0\u662f\u5b83\u4eec\u4f5c\u4e3a\u6295\u8d44\u5de5\u5177\u7684\u7528\u9014\u4e0d\u591f\u660e\u786e\u3002\u552f\u4e00\u7684\u4f8b\u5916\u662f Hyperliquid\uff0c\u7531\u4e8e\u5176\u5de8\u5927\u5d1b\u8d77\uff0c\u5176\u6da8\u5e45\u4e0e Robinhood \u5728\u540c\u4e00\u65f6\u671f\u51e0\u4e4e\u76f8\u540c\u3002<\/p>\n<p><img src=\"https:\/\/images.bitpush.news\/cn\/20260131\/176980304792229989.png\" title=\"1769802180573135.png\" alt=\"\u6df1\u5ea6\u7814\u62a5\uff1aFintech \u9760\u62bd\u6210\u8eba\u8d62\uff0cDeFi \u6d41\u6c34\u4e07\u4ebf\u5374\u53ea\u8d5a\u96f6\u5934\" style=\"display:block; margin-left:auto; margin-right:auto;\"\/>\u867d\u7136\u5386\u53f2\u4e0a DEX \u4e00\u76f4\u672a\u80fd\u6355\u83b7\u4ef7\u503c\u5e76\u88ab\u89c6\u4e3a\u516c\u5171\u4ea7\u54c1\uff0c\u4f46\u50cf Uniswap \u8fd9\u6837\u7684\u9879\u76ee\u6b63\u5728\u6253\u5f00\u5b83\u4eec\u7684\u201c\u8d39\u7528\u5f00\u5173\u201d\uff0c\u8d39\u7528\u88ab\u7528\u4e8e\u9500\u6bc1 UNI \u4ee3\u5e01\uff0c\u5982\u4eca\u4ea7\u751f\u4e86 3200 \u4e07\u7f8e\u5143\u7684\u5e74\u5316\u8425\u6536\u3002 <\/p>\n<p>\u6211\u4eec\u5e0c\u671b\u968f\u7740\u66f4\u591a\u4ea4\u6613\u91cf\u8f6c\u79fb\u5230\u94fe\u4e0a\uff0c\u4ef7\u503c\u80fd\u591f\u56de\u6d41\u5230 DEX \u4ee3\u5e01\uff0cHyperliquid \u5c31\u662f\u4e00\u4e2a\u5f88\u597d\u7684\u6210\u529f\u4f8b\u5b50\u3002\u4f46\u76ee\u524d\uff0c\u5728\u51fa\u73b0\u50cf Hyperliquid \u90a3\u6837\u7684\u4ee3\u5e01\u6301\u6709\u8005\u4ef7\u503c\u6355\u83b7\u673a\u5236\u4e4b\u524d\uff0cDEX \u4ee3\u5e01\u7684\u8868\u73b0\u5c06\u900a\u4e8e\u5176 CEX \u80a1\u7968\u5bf9\u624b\u3002<\/p>\n<h3>\u501f\u8d37\uff1a\u627f\u9500\u4e0b\u4e00\u4ee3<\/h3>\n<p>\u501f\u8d37\u662f\u5bf9\u6bd4\u53d8\u5f97\u66f4\u52a0\u6709\u8da3\u7684\u5730\u65b9\u3002\u5728\u8fd9\u4e00\u8fb9\uff0c\u4f60\u6709\u91d1\u878d\u79d1\u6280\u7684\u6838\u5fc3\u501f\u8d37\u4ea7\u54c1\uff1a\u65e0\u62b5\u62bc\u6d88\u8d39\u4fe1\u8d37\u3002<\/p>\n<ul>\n<li>\n<p>Affirm \u8ba9\u4f60\u628a Peloton <a href=\"https:\/\/www.alphaseek.cn\/?tag=%e5%8d%95%e8%bd%a6\" title=\"View all posts in \u5355\u8f66\" target=\"_blank\" class=\"tag_link\">\u5355\u8f66<\/a>\u5206\u56db\u6b21\u4ed8\u6b3e<\/p>\n<\/li>\n<li>\n<p>Klarna \u5bf9\u5feb\u65f6\u5c1a\u4ea7\u54c1\u505a\u540c\u6837\u7684\u4e8b<\/p>\n<\/li>\n<li>\n<p>Lending Club \u5728\u8f6c\u578b\u4e3a\u771f\u6b63\u7684\u94f6\u884c\u4e4b\u524d\uff0c\u5f00\u521b\u4e86\u70b9\u5bf9\u70b9\uff08P2P\uff09\u8d37\u6b3e\u3002<\/p>\n<\/li>\n<li>\n<p>Funding Circle \u627f\u9500\u5c0f\u5fae\u4f01\u4e1a\u8d37\u6b3e\u3002<br \/>\u8fd9\u4e9b\u516c\u53f8\u901a\u8fc7\u5411\u501f\u6b3e\u4eba\u6536\u53d6\u7684\u8d39\u7528\u9ad8\u4e8e\u4ed8\u7ed9\u5b58\u6b3e\u4eba\u7684\u5229\u606f\u6765\u8d5a\u94b1\uff0c\u5e76\u5bc4\u5e0c\u671b\u4e8e\u8fdd\u7ea6\u4e0d\u4f1a\u541e\u566c\u5229\u5dee\u3002<\/p>\n<\/li>\n<\/ul>\n<p>\u5728\u53e6\u4e00\u8fb9\uff0c\u4f60\u6709\u62b5\u62bc\u7684 DeFi \u501f\u8d37\u3002Aave, Morpho, Euler\u3002\u501f\u6b3e\u4eba\u5b58\u5165 ETH\uff0c\u501f\u51fa USDC\uff0c\u5e76\u652f\u4ed8\u7531\u7b97\u6cd5\u786e\u5b9a\u7684\u5229\u7387\u3002\u5982\u679c\u62b5\u62bc\u54c1\u8dcc\u5f97\u592a\u5389\u5bb3\uff0c\u534f\u8bae\u4f1a\u81ea\u52a8\u5c06\u5176\u552e\u51fa\u3002\u6ca1\u6709\u50ac\u6536\u7535\u8bdd\u6216\u6838\u9500\u3002<br \/>\u8fd9\u4e9b\u662f\u540d\u5b57\u76f8\u540c\u4f46\u672c\u8d28\u5b8c\u5168\u4e0d\u540c\u7684\u4e1a\u52a1\u3002<\/p>\n<p>\u4ece\u8d37\u6b3e\u8d26\u672c\u5f00\u59cb\u3002Aave \u62e5\u6709 226 \u4ebf\u7f8e\u5143\u7684\u672a\u507f\u8d37\u6b3e\u3002\u8fd9\u6bd4 Klarna (101\u4ebf), Affirm (72\u4ebf), Funding Circle (28\u4ebf) \u548c Lending Club (26\u4ebf) \u52a0\u8d77\u6765\u8fd8\u8981\u591a\u3002 \u6700\u5927\u7684 DeFi \u501f\u8d37\u534f\u8bae\u62e5\u6709\u6bd4\u6700\u5927\u7684 BNPL \u73a9\u5bb6\u66f4\u5927\u7684\u8d37\u6b3e\u8d26\u672c\u3002\u8ba9\u8fd9\u4e2a\u4e8b\u5b9e\u6c89\u6dc0\u4e00\u4e0b\u3002<\/p>\n<p><img src=\"https:\/\/images.bitpush.news\/cn\/20260131\/176980304720342387.png\" title=\"1769802309166672.png\" alt=\"\u6df1\u5ea6\u7814\u62a5\uff1aFintech \u9760\u62bd\u6210\u8eba\u8d62\uff0cDeFi \u6d41\u6c34\u4e07\u4ebf\u5374\u53ea\u8d5a\u96f6\u5934\" style=\"display:block; margin-left:auto; margin-right:auto;\"\/><\/p>\n<p><span>Lending Club, Funding Circle, Affirm, Klarna \u548c Figure \u7684\u603b\u8d37\u6b3e\u989d\u6765\u81ea\u8d22\u62a5\u3002Euler, Morpho, Aave \u7684\u8d37\u6b3e\u5b58\u6b3e\u6765\u81ea Artemis\u3002<\/span><\/p>\n<p>Morpho \u53c8\u589e\u52a0\u4e86 37 \u4ebf\u7f8e\u5143\u3002Euler \u5728 2023 \u5e74\u88ab\u76d7\u4e8b\u4ef6\u540e\u91cd\u65b0\u542f\u52a8\uff0c\u62e5\u6709 8.61 \u4ebf\u7f8e\u5143\u3002DeFi \u501f\u8d37\u6808\u5728\u603b\u8ba1\u89c4\u6a21\u4e0a\u5df2\u8db3\u4ee5\u5728\u7ea6\u56db\u5e74\u7684\u65f6\u95f4\u5185\u5ab2\u7f8e\u6574\u4e2a<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e4%b8%8a%e5%b8%82\" title=\"View all posts in \u4e0a\u5e02\" target=\"_blank\" class=\"tag_link\">\u4e0a\u5e02<\/a>\u6570\u5b57\u501f\u8d37\u677f\u5757\u3002\u4f46\u7ecf\u6d4e\u6a21\u578b\u662f\u5012\u7f6e\u7684\u3002 <\/p>\n<p>Funding Circle \u7684\u201c\u51c0\u606f\u5dee\u201d\uff08NIM\uff09\u4e3a 9.35%\uff08\u7531\u4e8e\u5176\u7c7b\u4f3c\u4e8e\u79c1\u52df\u4fe1\u8d37\u7684\u4e1a\u52a1\u6a21\u578b\uff09\u3002Lending Club \u4e3a 6.18%\u3002Affirm \u5c3d\u7ba1\u662f BNPL \u516c\u53f8\u800c\u975e\u4f20\u7edf\u8d37\u6b3e\u673a\u6784\uff0c\u4e5f\u62ff\u5230\u4e86 5.25%\u3002\u8fd9\u4e9b\u662f\u4e30\u539a\u7684\u5229\u5dee\uff0c\u662f\u5bf9\u8fd9\u4e9b\u516c\u53f8\u901a\u8fc7\u5b9e\u9645\u6267\u884c\u627f\u9500\u6240\u5438\u6536\u7684\u4fe1\u7528<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e9%a3%8e%e9%99%a9\" title=\"View all posts in \u98ce\u9669\" target=\"_blank\" class=\"tag_link\">\u98ce\u9669<\/a>\u7684\u8865\u507f\u3002<\/p>\n<p>\u5728\u52a0\u5bc6\u8d27\u5e01\u4e00\u4fa7\uff0cAave \u7684\u51c0\u606f\u5dee\u4ec5\u4e3a 0.98%\u3002Morpho \u4e3a 1.51%\u3002Euler \u4e3a 1.30%\u3002\u5c3d\u7ba1\u62e5\u6709\u66f4\u5927\u7684\u8d37\u6b3e\u8d26\u672c\uff0cDeFi \u534f\u8bae\u7684\u6536\u76ca\u901a\u5e38\u4f4e\u4e8e\u91d1\u878d\u79d1\u6280\u8d37\u6b3e\u673a\u6784\u7684\u6536\u76ca\u3002<\/p>\n<p><img src=\"https:\/\/images.bitpush.news\/cn\/20260131\/176980304754204839.png\" title=\"1769802361964509.png\" alt=\"\u6df1\u5ea6\u7814\u62a5\uff1aFintech \u9760\u62bd\u6210\u8eba\u8d62\uff0cDeFi \u6d41\u6c34\u4e07\u4ebf\u5374\u53ea\u8d5a\u96f6\u5934\" style=\"display:block; margin-left:auto; margin-right:auto;\"\/><\/p>\n<p><span>Aave, Euler, Morpho \u7684\u51c0\u606f\u5dee = \u8425\u6536 \/ \u8d37\u6b3e\u5b58\u6b3e\u3002\u80a1\u7968\u7684\u51c0\u606f\u5dee\u6765\u81ea\u8d22\u62a5\u3002<\/span><\/p>\n<p>DeFi \u501f\u8d37\u5728\u8bbe\u8ba1\u4e0a\u662f\u8d85\u989d\u62b5\u62bc\u7684\u3002\u8981\u5728 Aave \u501f\u51fa 100 \u7f8e\u5143\uff0c\u4f60\u901a\u5e38\u8981\u5b58\u5165 150 \u7f8e\u5143\u6216\u66f4\u591a\u62b5\u62bc\u54c1\u3002\u534f\u8bae\u4e0d\u627f\u62c5\u4fe1\u7528\u98ce\u9669\u3002\u5b83\u627f\u62c5\u7684\u662f\u6e05\u7b97\u98ce\u9669\uff0c\u501f\u6b3e\u4eba\u662f\u4e3a\u6760\u6746\u548c\u6d41\u52a8\u6027\u4e70\u5355\uff0c\u800c\u4e0d\u662f\u4e3a\u4e86\u83b7\u5f97\u4ed6\u4eec\u672c\u6765\u65e0\u6cd5\u83b7\u5f97\u7684\u4fe1\u7528\u7279\u6743\u7684\u7279\u6743\u3002 <\/p>\n<p>\u91d1\u878d\u79d1\u6280\u8d37\u6b3e\u673a\u6784\u5728\u505a\u76f8\u53cd\u7684\u4e8b\u3002\u5b83\u4eec\u5411\u60f3\u8981\u5148\u4e70\u540e\u4ed8\u7684\u6d88\u8d39\u8005\u63d0\u4f9b\u65e0\u62b5\u62bc\u4fe1\u8d37\u3002\u5229\u5dee\u8865\u507f\u4e86\u90a3\u4e9b\u6c38\u8fdc\u4e0d\u8fd8\u94b1\u7684\u4eba\u3002\u8fd9\u4f53\u73b0\u5728\u5b9e\u9645\u8fdd\u7ea6\u5e26\u6765\u7684\u635f\u5931\u6570\u5b57\u4e2d\uff0c\u800c\u7ba1\u7406\u8fd9\u4e9b\u635f\u5931\u662f\u627f\u9500\u7684\u6838\u5fc3\u5de5\u4f5c\u3002<\/p>\n<p><img src=\"https:\/\/images.bitpush.news\/cn\/20260131\/176980304821359802.png\" title=\"1769802398160161.png\" alt=\"\u6df1\u5ea6\u7814\u62a5\uff1aFintech \u9760\u62bd\u6210\u8eba\u8d62\uff0cDeFi \u6d41\u6c34\u4e07\u4ebf\u5374\u53ea\u8d5a\u96f6\u5934\" style=\"display:block; margin-left:auto; margin-right:auto;\"\/><\/p>\n<p><span>\u80a1\u7968\u7684\u4fe1\u7528\u635f\u5931\u7387\uff08Credit Loss Ratio\uff09\u6765\u81ea\u516c\u5f00\u8d22\u62a5\u3002<\/span><\/p>\n<p>\u90a3\u4e48\u54ea\u79cd\u6a21\u5f0f\u66f4\u597d\uff1f\u8fd9\u53d6\u51b3\u4e8e\u4f60\u5728\u4f18\u5316\u4ec0\u4e48\u3002<br \/>\u91d1\u878d\u79d1\u6280\u501f\u8d37\u670d\u52a1\u4e8e\u90a3\u4e9b\u9700\u8981\u4ed6\u4eec\u73b0\u5728\u6ca1\u6709\u7684\u94b1\u7684\u501f\u6b3e\u4eba\uff0c\u5e76\u627f\u62c5\u771f\u5b9e\u7684\u627f\u9500\u98ce\u9669\u3002\u5b83\u4e5f\u662f\u6b8b\u9177\u7684\u3002\u65e9\u671f\u7684\u6570\u5b57\u8d37\u6b3e\u673a\u6784\uff08OnDeck, Lending Club, Prosper\uff09\u90fd\u66fe\u591a\u6b21\u6fd2\u4e34\u5012\u95ed\u3002\u5c3d\u7ba1\u4e1a\u52a1\u5b9e\u9645\u4e0a\u8fd0\u884c\u826f\u597d\uff0cAffirm \u7684\u80a1\u4ef7\u4ecd\u6bd4\u9ad8\u70b9\u4e0b\u8dcc\u4e86\u7ea6 60%\uff0c\u901a\u5e38\u662f\u56e0\u4e3a\u627f\u9500\u8425\u6536\u88ab\u6309 SaaS \u500d\u6570\u5b9a\u4ef7\uff0c\u800c\u6ca1\u6709\u5145\u5206\u8003\u8651\u4e0d\u53ef\u907f\u514d\u7684\u540e\u671f\u635f\u5931\u3002<\/p>\n<p>DeFi \u501f\u8d37\u662f\u4e00\u9879\u6760\u6746\u4e1a\u52a1\u3002\u5b83\u670d\u52a1\u4e8e\u90a3\u4e9b\u5df2\u7ecf\u62e5\u6709\u8d44\u4ea7\u4f46\u60f3\u8981\u6d41\u52a8\u6027\u4e14\u4e0d\u60f3\u51fa\u552e\u7684\u4eba\uff0c\u7c7b\u4f3c\u4e8e\u4fdd\u8bc1\u91d1\u8d26\u6237\u3002\u9664\u4e86\u62b5\u62bc\u54c1\u7684\u8d28\u91cf\uff0c\u8fd9\u91cc\u6ca1\u6709\u4fe1\u7528\u51b3\u7b56\u3002\u5b83\u5177\u6709\u8d44\u672c\u6548\u7387\u3001\u53ef\u6269\u5c55\u6027\uff0c\u5e76\u5728\u5de8\u5927\u7684\u4ea4\u6613\u91cf\u4e0a\u8d5a\u53d6\u5fae\u8584\u7684\u5229\u6da6\u3002\u5b83\u4e5f\u53ea\u5bf9\u90a3\u4e9b\u5df2\u7ecf\u5728\u94fe\u4e0a\u62e5\u6709\u5927\u91cf\u8d44\u4ea7\u3001\u60f3\u8981\u8d5a\u53d6\u6536\u76ca\u6216\u60f3\u8981\u989d\u5916\u6760\u6746\u7684\u4eba\u6709\u7528\u3002<\/p>\n<h3>\u9884\u6d4b\u5e02\u573a\uff1a\u8c01\u77e5\u9053\u5462\uff1f<\/h3>\n<p>\u6700\u540e\uff0c\u6211\u4eec\u6765\u770b\u770b\u9884\u6d4b\u5e02\u573a\u3002<\/p>\n<p>\u8fd9\u4e9b\u9879\u76ee\u662f\u91d1\u878d\u79d1\u6280\uff08Fintech\uff09\u4e0e\u53bb\u4e2d\u5fc3\u5316\u91d1\u878d\uff08DeFi\uff09\u4e4b\u95f4\u6700\u65b0\u7684\u6218\u573a\uff0c\u4e5f\u662f\u6700\u5947\u7279\u7684\u6218\u573a\u3002<\/p>\n<p>\u51e0\u5341\u5e74\u6765\uff0c\u5b83\u4eec\u4e00\u76f4\u53ea\u662f\u4e00\u79cd\u5b66\u672f\u4e0a\u7684\u5947\u95fb\u8f76\u4e8b\uff0c\u53d7\u7ecf\u6d4e\u5b66\u5bb6\u9752\u7750\uff0c\u5374\u88ab\u76d1\u7ba1\u673a\u6784\u538c\u6076\u3002\u7231\u8377\u534e\u7535\u5b50\u5e02\u573a\uff08Iowa Electronic Markets\uff09\u66fe\u8fd0\u884c\u8fc7\u5c0f\u89c4\u6a21\u7684\u9009\u4e3e\u9884\u6d4b\u3002Intrade \u66fe\u77ed\u6682\u7e41\u8363\uff0c\u968f\u540e\u4fbf\u88ab\u5173\u505c\u3002\u5927\u591a\u6570\u6b64\u7c7b\u9879\u76ee\u90fd\u88ab\u8d34\u4e0a\u4e86\u201c\u8d4c\u535a\u201d\u6216\u201c\u4f53\u80b2\u535a\u5f69\u201d\u7684\u6807\u7b7e\u3002<\/p>\n<p>\u90a3\u79cd\u8ba4\u4e3a\u4f60\u53ef\u4ee5\u5bf9\u73b0\u5b9e\u4e16\u754c\u7684\u7ed3\u679c\u8fdb\u884c\u4ea4\u6613\uff0c\u4e14\u8fd9\u4e9b\u5e02\u573a\u80fd\u4ea7\u751f\u6bd4\u6c11\u610f\u8c03\u67e5\u6216\u6743\u5a01\u4e13\u5bb6\u66f4\u51c6\u786e\u7684\u9884\u6d4b\u7684\u60f3\u6cd5\uff0c\u5728\u8fc7\u53bb\u5f88\u5927\u7a0b\u5ea6\u4e0a\u53ea\u662f\u7406\u8bba\u3002<\/p>\n<p>\u8fd9\u4e00\u5207\u5728 2024 \u5e74\u53d1\u751f\u4e86\u6539\u53d8\uff0c\u5e76\u5728\u7b2c\u4e8c\u5c4a<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e7%89%b9%e6%9c%97%e6%99%ae\" title=\"View all posts in \u7279\u6717\u666e\" target=\"_blank\" class=\"tag_link\">\u7279\u6717\u666e<\/a>\u653f\u5e9c\u671f\u95f4\u8fdb\u4e00\u6b65\u52a0\u901f\u3002Polymarket \u5904\u7406\u4e86\u8d85\u8fc7 10 \u4ebf\u7f8e\u5143\u7684\u9009\u4e3e\u6295\u6ce8\u3002Kalshi \u8d62\u5f97\u4e86\u9488\u5bf9<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e7%be%8e%e5%9b%bd\" title=\"View all posts in \u7f8e\u56fd\" target=\"_blank\" class=\"tag_link\">\u7f8e\u56fd<\/a><a href=\"https:\/\/www.alphaseek.cn\/?tag=%e5%95%86%e5%93%81%e6%9c%9f%e8%b4%a7\" title=\"View all posts in \u5546\u54c1\u671f\u8d27\" target=\"_blank\" class=\"tag_link\">\u5546\u54c1\u671f\u8d27<\/a>\u4ea4\u6613\u59d4\u5458\u4f1a\uff08CFTC\uff09\u7684\u8bc9\u8bbc\uff0c\u5e76\u5411\u7f8e\u56fd\u7528\u6237\u63a8\u51fa\u4e86\u653f\u6cbb\u5408\u7ea6\u3002\u4ece\u4e0d\u653e\u8fc7\u4efb\u4f55\u8d8b\u52bf\u7684 Robinhood \u4e5f\u589e\u52a0\u4e86\u4e8b\u4ef6\u5408\u7ea6\u3002\u800c DraftKings\uff0c\u8fd9\u4e2a\u5df2\u7ecf\u901a\u8fc7\u6bcf\u65e5\u5e7b\u60f3\u4f53\u80b2\uff08Daily Fantasy Sports\uff09\u8fd0\u884c\u7740\u4e8b\u5b9e\u4e0a\u7684\u9884\u6d4b\u5e02\u573a\u7684\u5de8\u5934\uff0c\u5219\u4ee5 157 \u4ebf\u7f8e\u5143\u7684\u5e02\u503c\u548c 55 \u4ebf\u7f8e\u5143\u7684\u8425\u6536\u9ed8\u9ed8\u53d1\u8d22\u3002<\/p>\n<p><img src=\"https:\/\/images.bitpush.news\/cn\/20260131\/176980304862017396.png\" title=\"1769802633864208.png\" alt=\"\u6df1\u5ea6\u7814\u62a5\uff1aFintech \u9760\u62bd\u6210\u8eba\u8d62\uff0cDeFi \u6d41\u6c34\u4e07\u4ebf\u5374\u53ea\u8d5a\u96f6\u5934\" style=\"display:block; margin-left:auto; margin-right:auto;\"\/><\/p>\n<blockquote>\n<p><span>Artemis \u9884\u6d4b\u5e02\u573a\u4eea\u8868\u76d8<\/span><\/p>\n<p><span>\uff08\u56fe\u8868\u8bf4\u660e\uff1aKalshi \u548c Polymarket \u7684\u73b0\u8d27\u4ea4\u6613\u91cf\u6570\u636e\u6765\u81ea Artemis\u3002\u5bf9\u4e8e DraftKings\uff0c\u4ea4\u6613\u91cf\u4f7f\u7528\u7684\u662f\u201c\u4f53\u80b2\u535a\u5f69\u6d41\u6c34\uff08Sportsbook Handle\uff09\u201d\uff0c\u5373\u5176\u4f53\u80b2\u535a\u5f69\u4ea7\u54c1\u4e2d\u5df2\u7ed3\u7b97\u7684\u5ba2\u6237\u6295\u6ce8\u603b\u989d\u3002\uff09<\/span><\/p>\n<\/blockquote>\n<p>\u8be5\u7c7b\u522b\u5728\u5927\u7ea6 18 \u4e2a\u6708\u5185\u4ece\u5206\u4f17\u5e02\u573a\u8d70\u5411\u4e86\u4e3b\u6d41\uff0c\u9884\u6d4b\u5e02\u573a\u7684\u5468\u4ea4\u6613\u91cf\u8fbe\u5230\u7ea6 70 \u4ebf\u7f8e\u5143\uff0c\u518d\u6b21\u521b\u4e0b\u5386\u53f2\u65b0\u9ad8\u3002<\/p>\n<p>\u5728\u8fc7\u53bb\u7684 12 \u4e2a\u6708\u4e2d\uff0cDraftKings \u5904\u7406\u4e86 517 \u4ebf\u7f8e\u5143\u7684\u4ea4\u6613\u91cf\u3002Polymarket \u5904\u7406\u4e86 246 \u4ebf\u7f8e\u5143\uff0c\u5927\u7ea6\u662f\u524d\u8005\u7684\u4e00\u534a\uff0c\u5c3d\u7ba1\u5b83\u662f\u4e00\u4e2a\u52a0\u5bc6\u539f\u751f\u534f\u8bae\uff0c\u4e14\u6280\u672f\u4e0a\u5e76\u4e0d\u5141\u8bb8\u7f8e\u56fd\u7528\u6237\u8bbf\u95ee\u3002\u53d7\u76d1\u7ba1\u7684\u7f8e\u56fd\u66ff\u4ee3\u65b9\u6848 Kalshi \u5219\u5904\u7406\u4e86 91 \u4ebf\u7f8e\u5143\u3002\u5355\u7eaf\u4ece\u4ea4\u6613\u91cf\u6765\u770b\uff0cPolymarket \u6781\u5177\u7ade\u4e89\u529b\u3002\u5728 Kalshi \u8fd8\u5728\u6cd5\u5ead\u4e0a\u636e\u7406\u529b\u4e89\u65f6\uff0c\u5b83\u5df2\u7ecf\u5728 Polygon \u4e0a\u6784\u5efa\u4e86\u4e00\u4e2a\u6d41\u52a8\u6027\u5145\u6c9b\u7684\u5168\u7403\u9884\u6d4b\u5e02\u573a\u3002<\/p>\n<p>\u4f46\u5982\u679c\u770b\u8425\u6536\uff0c\u8fd9\u79cd\u5bf9\u6bd4\u5c31\u7ad9\u4e0d\u4f4f\u811a\u4e86\u3002<\/p>\n<p>DraftKings \u53bb\u5e74\u4ea7\u751f\u4e86 54.6 \u4ebf\u7f8e\u5143\u7684\u8425\u6536\uff0c\u800c Kalshi \u4ec5\u62c9\u52a8\u4e86 2.64 \u4ebf\u7f8e\u5143\u3002Polymarket \u5728\u5bf9\u201c15 \u5206\u949f\u52a0\u5bc6\u8d27\u5e01\u5e02\u573a\u201d\u5f00\u542f\u63d0\u53d6\u8005\u8d39\u7528\uff08taker fees\uff09\u540e\uff0c\u5176\u5e74\u5316\u8425\u6536\u8fd0\u884c\u7387\uff08annualized revenue run rate\uff09\u4ec5\u4e3a 3800 \u4e07\u7f8e\u5143\u3002<\/p>\n<p><img src=\"https:\/\/images.bitpush.news\/cn\/20260131\/176980304824941130.png\" title=\"1769802702823560.png\" style=\"display:block; margin-left:auto; margin-right:auto;\" alt=\"\u6df1\u5ea6\u7814\u62a5\uff1aFintech \u9760\u62bd\u6210\u8eba\u8d62\uff0cDeFi \u6d41\u6c34\u4e07\u4ebf\u5374\u53ea\u8d5a\u96f6\u5934\"\/><\/p>\n<p><span>\u9884\u6d4b\u5e02\u573a\u8425\u6536\u5bf9\u6bd4<\/span><span>\uff08\u56fe\u8868\u8bf4\u660e\uff1aPolymarket \u8425\u6536\u6570\u636e\u6765\u81ea Artemis\uff0cKalshi \u8425\u6536\u6570\u636e\u89c1\u5f15\u7528\u94fe\u63a5\uff0cDraftKings \u8fc7\u53bb 12 \u4e2a\u6708\uff08LTM\uff09\u8425\u6536\u6570\u636e\u6765\u81ea\u8d22\u62a5\u62ab\u9732\u3002\uff09<\/span><\/p>\n<p>\u5de8\u5927\u7684\u9e3f\u6c9f\u5728\u4e8e\u62bd\u6210\u7387\uff08Take Rates\uff09\uff0c\u6216\u8005\u7528\u4f53\u80b2\u535a\u5f69\u7684\u884c\u8bdd\u6765\u8bf4\u53eb\u201c\u62bd\u6c34\uff08Hold\uff09\u201d\u3002<\/p>\n<ul>\n<li>\n<p>DraftKings \u4fdd\u7559\u4e86\u6bcf 1 \u7f8e\u5143\u6295\u6ce8\u4e2d\u7684 10.57%\u3002\u8fd9\u662f\u5178\u578b\u7684\u4f53\u80b2\u535a\u5f69\u6a21\u5f0f\uff1a\u5e84\u5bb6\u62bd\u53d6\u5206\u6210\u3001\u63d0\u4f9b\u8d54\u7387\u5e76\u7ba1\u7406\u98ce\u9669\u3002<\/p>\n<\/li>\n<li>\n<p>Kalshi \u62bd\u53d6 2.91%\uff0c\u8fd9\u662f\u4e00\u79cd\u66f4\u9002\u5408\u91d1\u878d\u4ea4\u6613\u6240\u7684\u8f83\u8584\u5229\u6da6\u3002<\/p>\n<\/li>\n<li>\n<p>\u52a0\u5bc6\u539f\u751f\u7684 Polymarket \u4ec5\u62bd\u53d6 0.15%\u3002\u5728 246 \u4ebf\u7f8e\u5143\u7684\u4ea4\u6613\u91cf\u4e2d\uff0c\u5b83\u76ee\u524d\u6355\u83b7\u7684\u4ef7\u503c\u5fae\u4e4e\u5176\u5fae\u3002<\/p>\n<\/li>\n<\/ul>\n<blockquote>\n<p><img src=\"https:\/\/images.bitpush.news\/cn\/20260131\/176980304856430526.png\" title=\"1769802782460829.png\" alt=\"\u6df1\u5ea6\u7814\u62a5\uff1aFintech \u9760\u62bd\u6210\u8eba\u8d62\uff0cDeFi \u6d41\u6c34\u4e07\u4ebf\u5374\u53ea\u8d5a\u96f6\u5934\" style=\"display:block; margin-left:auto; margin-right:auto;\"\/><\/p>\n<p><span>\u62bd\u6210\u7387 = \u8fc7\u53bb 12 \u4e2a\u6708\u8425\u6536 \/ \u4ea4\u6613\u91cf<\/span><\/p>\n<\/blockquote>\n<p>\u8fd9\u53c8\u662f\u53bb\u4e2d\u5fc3\u5316\u4ea4\u6613\u6240\uff08DEX\uff09\u52a8\u6001\u7684\u91cd\u6f14\u3002Polymarket \u7684\u91cd\u70b9\u4e0d\u5728\u4e8e\u4ef7\u503c\u6355\u83b7\uff0c\u800c\u662f\u4e3a\u9884\u6d4b\u5e02\u573a\u7684\u5b58\u5728\u63d0\u4f9b\u57fa\u7840\u8bbe\u65bd\uff0c\u5339\u914d\u4e70\u5356\u53cc\u65b9\u5e76\u5728\u94fe\u4e0a\u7ed3\u7b97\u5408\u7ea6\u3002\u5b83\u4e0d\u96c7\u4f63\u8d54\u7387\u5236\u5b9a\u8005\uff0c\u4e0d\u7ba1\u7406\u8d44\u4ea7\u8d1f\u503a\u8868\uff0c\u4e5f\u4e0d\u4f5c\u4e3a\u4f60\u7684\u5bf9\u624b\u65b9\u3002\u867d\u7136\u6548\u7387\u60ca\u4eba\uff0c\u4f46\u53d8\u73b0\u5e76\u4e0d\u662f\u5176\u6838\u5fc3\u5173\u6ce8\u70b9\u3002<\/p>\n<p>\u7136\u800c\uff0c\u6295\u8d44\u8005\u663e\u7136\u76f8\u4fe1 Polymarket \u6700\u7ec8\u80fd\u591f\u5b9e\u73b0\u8d27\u5e01\u5316\uff1a<\/p>\n<ul>\n<li>\n<p>Polymarket \u7684\u4f30\u503c\u4e3a 90 \u4ebf\u7f8e\u5143\uff0c\u5e02\u9500\u7387\uff08P\/S\uff09\u9ad8\u8fbe 240 \u500d\u3002<\/p>\n<\/li>\n<li>\n<p>Kalshi \u4f30\u503c\u4e3a 110 \u4ebf\u7f8e\u5143\uff0c\u5bf9\u5e94 2.64 \u4ebf\u7f8e\u5143\u8425\u6536\uff0c\u4ea4\u6613\u500d\u6570\u4e3a 42 \u500d\u3002<\/p>\n<\/li>\n<li>\n<p>DraftKings \u7684\u4ea4\u6613\u500d\u6570\u4ec5\u4e3a 2.9 \u500d\u3002<\/p>\n<\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.alphaseek.cn\/?tag=%e9%a3%8e%e9%99%a9%e6%8a%95%e8%b5%84\" title=\"View all posts in \u98ce\u9669\u6295\u8d44\" target=\"_blank\" class=\"tag_link\">\u98ce\u9669\u6295\u8d44<\/a>\uff08VC\uff09\u7b80\u76f4\u65e0\u6cd5\u505c\u6b62\u5411\u8fd9\u4e9b\u5e73\u53f0\u201c\u6492\u94b1\u201d\uff0c\u800c\u50cf DraftKings \u548c Flutter (FanDuel) \u8fd9\u6837\u7684\u201c\u4f20\u7edf\u201d\u8fd0\u8425\u5546\u5219\u773c\u7741\u7741\u770b\u7740\u81ea\u5df1\u7684\u80a1\u4ef7\u66b4\u8dcc\u3002<\/p>\n<p><img src=\"https:\/\/images.bitpush.news\/cn\/20260131\/176980304871566569.png\" title=\"1769802813346388.png\" alt=\"\u6df1\u5ea6\u7814\u62a5\uff1aFintech \u9760\u62bd\u6210\u8eba\u8d62\uff0cDeFi \u6d41\u6c34\u4e07\u4ebf\u5374\u53ea\u8d5a\u96f6\u5934\" style=\"display:block; margin-left:auto; margin-right:auto;\"\/><\/p>\n<blockquote>\n<p><span>\u9884\u6d4b\u5e02\u573a\u5e02\u503c\u5bf9\u6bd4<\/span><\/p>\n<p><span>\uff08\u56fe\u8868\u8bf4\u660e\uff1aKalshi \u548c Polymarket \u7684\u5e02\u503c\u91c7\u7528\u6700\u65b0\u7684\u79c1\u52df\u4f30\u503c\u3002DraftKings \u5e02\u503c\u6765\u81ea\u96c5\u864e\u8d22\u7ecf\u3002\uff09<\/span><\/p>\n<\/blockquote>\n<p>Polymarket \u7684\u4f30\u503c\u903b\u8f91\u5047\u8bbe\u5b83\u8981\u4e48\u4f1a\u4ee5\u67d0\u79cd\u5b8f\u5927\u7684\u65b9\u5f0f\u5f00\u542f\u53d8\u73b0\uff0c\u8981\u4e48\u4f1a\u8fdb\u5316\u6210\u6bd4\u9884\u6d4b\u5e02\u573a\u89c4\u6a21\u5927\u5f97\u591a\u7684\u4e1c\u897f\u3002\u5728\u8d85\u8fc7 200 \u500d\u7684\u5e02\u9500\u7387\u4e0b\uff0c\u4f60\u4e70\u7684\u4e0d\u662f\u4e00\u5bb6\u516c\u53f8\uff0c\u800c\u662f\u4e00\u4e2a\u9488\u5bf9\u5168\u65b0\u91d1\u878d\u539f\u8bed\u7684\u770b\u6da8\u671f\u6743\u3002\u4e5f\u8bb8 Polymarket \u4f1a\u6210\u4e3a\u5bf9\u51b2\u4efb\u4f55\u73b0\u5b9e\u4e16\u754c\u4e8b\u4ef6\u7684\u9ed8\u8ba4\u573a\u6240\u3002\u4e5f\u8bb8\u5b83\u4f1a\u589e\u52a0\u66f4\u591a\u4f53\u80b2\u3001\u8d22\u62a5\u3001\u5929\u6c14\u6216\u4efb\u4f55\u5177\u6709\u4e8c\u5143\u7ed3\u679c\u7684\u4e8b\u7269\u3002\u4e5f\u8bb8\u5b83\u4f1a\u6355\u83b7\u66f4\u5927\u7684\u767e\u5206\u6bd4\u800c\u975e 0.15%\uff0c\u4ece\u800c\u7a81\u7136\u4ea7\u751f\u6570\u5341\u4ebf\u7f8e\u5143\u7684\u6536\u76ca\u3002<\/p>\n<p>\u8fd9\u5c31\u662f\u201c\u8d8b\u540c\u201d\u95ee\u9898\u7684\u6700\u7eaf\u7cb9\u5f62\u5f0f\uff1a\u672a\u6765\u662f\u5c5e\u4e8e\u62e5\u6709\u62bd\u6210\u7387\u548c\u5408\u89c4\u90e8\u95e8\u7684\u53d7\u76d1\u7ba1\u4ea4\u6613\u6240\uff0c\u8fd8\u662f\u5c5e\u4e8e\u90a3\u79cd\u8ba9\u4efb\u4f55\u4eba\u3001\u5728\u4efb\u4f55\u5730\u65b9\u3001\u5bf9\u4efb\u4f55\u4e8b\u7269\u8fdb\u884c\u6295\u6ce8\u4e14\u4e0d\u7ed9\u5e84\u5bb6\u7559\u4efb\u4f55\u5229\u6da6\u7684\u65e0\u9700\u8bb8\u53ef\u534f\u8bae\uff1f<\/p>\n<h2>\u6700\u540e\u7684\u878d\u5408<\/h2>\n<p>\u51e0\u5e74\u524d\uff0c\u6211\u4eec\u8fd8\u65e0\u6cd5\u5c06 DeFi \u548c Fintech \u653e\u5728\u4e00\u8d77\u8fdb\u884c\u6bd4\u8f83\u3002\u4f46\u73b0\u5728\uff0c\u6570\u636e\u5c31\u5728\u773c\u524d\u3002<\/p>\n<p>\u52a0\u5bc6\u8d27\u5e01\u5df2\u7ecf\u6784\u5efa\u4e86\u4e00\u5957\u5728\u4ea4\u6613\u91cf\u3001\u7528\u6237\u6570\u548c\u8d44\u4ea7\u89c4\u6a21\u4e0a\u8db3\u4ee5\u5ab2\u7f8e\u91d1\u878d\u79d1\u6280\u7684\u91d1\u878d\u57fa\u7840\u8bbe\u65bd\u3002\u7a33\u5b9a\u5e01\u8f68\u9053\u6bd4\u4f20\u7edf\u652f\u4ed8\u66f4\u5168\u7403\u5316\uff0cAave \u7684\u8d26\u672c\u6bd4 Klarna \u66f4\u5927\uff0cPolymarket \u6b63\u5728\u541e\u566c\u535a\u5f69\u5e02\u573a\u7684\u4efd\u989d\u3002\u6280\u672f\u5df2\u7ecf\u8dd1\u901a\uff0c\u4ea7\u54c1\u4e5f\u627e\u5230\u4e86\u53d7\u4f17\u3002<\/p>\n<p>\u4f46\u8fd9\u91cc\u6709\u4e00\u4e2a\u5173\u952e\u7684\u201c\u9677\u9631\u201d\uff1a\u52a0\u5bc6\u884c\u4e1a\u5728\u7ecf\u6d4e\u4ef7\u503c\u6355\u83b7\uff08\u62bd\u6210\u7387\uff09\u4e0a<strong>\u8fdc\u4e0d\u5982<\/strong>\u4f20\u7edf\u91d1\u878d\u79d1\u6280\u3002<\/p>\n<p>\u4f60\u53ef\u4ee5\u5c06\u5176\u89c6\u4e3a\u4e00\u4e2a\u201c\u7279\u6027\u201d\uff08Feature\uff09\uff1a\u5b83\u4ee3\u8868\u4e86\u91d1\u878d\u670d\u52a1\u7684\u7ec8\u6781\u5e73\u6c11\u5316\u548c\u6548\u7387\u6700\u5927\u5316\uff0c\u901a\u8fc7\u6467\u6bc1\u5229\u6da6\u7a7a\u95f4\u6765\u9020\u798f\u7528\u6237\u3002\u4f60\u4e5f\u53ef\u4ee5\u5c06\u5176\u89c6\u4e3a\u4e00\u4e2a\u201c\u7f3a\u9677\u201d\uff08Bug\uff09\uff1a\u5982\u679c\u534f\u8bae\u4e0d\u80fd\u4ea7\u751f\u8db3\u591f\u7684\u6536\u5165\uff0c\u5176\u4ee3\u5e01\u4ef7\u503c\u7684\u53ef\u6301\u7eed\u6027\u5c06\u9762\u4e34\u6311\u6218\u3002<\/p>\n<p>\u878d\u5408\u6b63\u5728\u53d1\u751f\u3002 \u94f6\u884c\u6b63\u5728\u8bd5\u70b9\u4ee3\u5e01\u5316\u5b58\u6b3e\uff0c\u7ebd\u4ea4\u6240\u6b63\u5728\u7814\u7a76\u4ee3\u5e01\u5316\u80a1\u7968\uff0c\u7a33\u5b9a\u5e01\u603b\u5e02\u503c\u5df2\u7a81\u7834 3000 \u4ebf\u7f8e\u5143\u3002\u91d1\u878d\u79d1\u6280\u5de8\u5934\u4eec\u770b\u5230\u4e86\u672a\u6765\u7684\u65b9\u5411\u2014\u2014\u4ed6\u4eec\u4e0d\u4f1a\u5750\u4ee5\u5f85\u6bd9\uff0c\u4ed6\u4eec\u4f1a\u9009\u62e9\u5438\u6536\u5e76\u540c\u5316\u5b83\u3002<\/p>\n<p>\u672a\u6765\u5341\u5e74\u7684\u95ee\u9898\u5f88\u7b80\u5355\uff1a\u662f\u52a0\u5bc6\u4e16\u754c\u5b66\u4f1a\u642d\u5efa\u6536\u8d39\u7ad9\uff0c\u8fd8\u662f\u4f20\u7edf\u91d1\u878d\u5b66\u4f1a\u5229\u7528\u52a0\u5bc6\u4e16\u754c\u7684\u9053\u8def\uff1f\u6211\u4eec\u62bc\u6ce8<strong>\u4e24\u8005\u90fd\u4f1a\u53d1\u751f\u3002<\/strong><\/p>\n<hr\/>\n<p>Twitter\uff1a<a href=\"https:\/\/twitter.com\/BitpushNewsCN\" target=\"_self\" rel=\"noopener\">https:\/\/twitter.com\/BitpushNewsCN<\/a><\/p>\n<p>\u6bd4\u63a8 TG \u4ea4\u6d41\u7fa4\uff1a<a href=\"https:\/\/t.me\/BitPushCommunity\" target=\"_self\" rel=\"noopener\">https:\/\/t.me\/BitPushCommunity<\/a><\/p>\n<p>\u6bd4\u63a8 TG \u8ba2\u9605\uff1a <a href=\"https:\/\/t.me\/bitpush\" target=\"_self\" rel=\"noopener\">https:\/\/t.me\/bitpush<\/a><\/p>\n<p>(\u6765\u6e90:\u6bd4\u63a8)                                                             <ins                                 data-ad-layout=\"in-article\"                                 data-ad-format=\"fluid\"                                 data-ad-client=\"ca-pub-8211126797345278\"                                 data-ad-slot=\"6642518713\"><\/ins>                                                                                                                                                                        <\/p>\n<div>\n<h5>\u539f\u6587\u94fe\u63a5:<a target=\"_blank\" href=\"https:\/\/lex.substack.com\/p\/report-fintech-vs-defi-and-the-trillions?utm_source=post-email-title&publication_id=8795&post_id=185969921&utm_campaign=email-post-title&isFreemail=true&r=4qma7o&triedRedirect=true&utm_medium=email\" rel=\"noopener\">https:\/\/lex.substack.com\/p\/report-fintech-vs-defi-and-the-trillions?utm_source...<\/a><\/h5>\n<\/p><\/div>\n<div>\n<h5>\u8bf4\u660e: \u6bd4\u63a8\u6240\u6709\u6587\u7ae0\u53ea\u4ee3\u8868\u4f5c\u8005\u89c2\u70b9\uff0c\u4e0d\u6784\u6210\u6295\u8d44\u5efa\u8bae<\/h5>\n<\/p><\/div>\n<div>                                                                          <span><a href=\"https:\/\/www.bitpush.news\/articles\/tag\/adyen\" rel=\"tag\">Adyen<\/a><\/span><span><a href=\"https:\/\/www.bitpush.news\/articles\/tag\/bridge\" rel=\"tag\">Bridge<\/a><\/span><span><a href=\"https:\/\/www.bitpush.news\/articles\/tag\/defi\" rel=\"tag\">DeFi<\/a><\/span><span><a href=\"https:\/\/www.bitpush.news\/articles\/tag\/fintech\" rel=\"tag\">Fintech<\/a><\/span><span><a href=\"https:\/\/www.bitpush.news\/articles\/tag\/fiserv\" rel=\"tag\">Fiserv<\/a><\/span><span><a href=\"https:\/\/www.bitpush.news\/articles\/tag\/robinhood\" rel=\"tag\">Robinhood<\/a><\/span><span><a href=\"https:\/\/www.bitpush.news\/articles\/tag\/%e6%b7%b1%e5%ba%a6\" rel=\"tag\">\u6df1\u5ea6<\/a><\/span><span><a href=\"https:\/\/www.bitpush.news\/articles\/tag\/%e9%a2%84%e6%b5%8b%e5%b8%82%e5%9c%ba\" rel=\"tag\">\u9884\u6d4b\u5e02\u573a<\/a><\/span>                                <\/div>\n<div>\n<style>                                  <\/style>\n<div>\u76f8\u5173\u65b0\u95fb<\/div>\n<ul>\n<li><a rel=\"bookmark noopener\" href=\"https:\/\/www.bitpush.news\/articles\/7608080\" title=\"Hyperliquid \u8981\u505a\u9884\u6d4b\u5e02\u573a\u4e86\uff0c\u5251\u6307 Polymarket \u8179\u5730\uff1f\" target=\"_blank\">Hyperliquid \u8981\u505a\u9884\u6d4b\u5e02\u573a\u4e86\uff0c\u5251\u6307 Polymarket \u8179\u5730\uff1f<\/a> <span data=\"1770062022\" 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[&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":[],"categories":[327],"tags":[271,172,195,319,353,173,203,31,82,93,241,103,27,186,79,325,370,367,34,192,156],"views":51,"_links":{"self":[{"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=\/wp\/v2\/posts\/714186"}],"collection":[{"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=714186"}],"version-history":[{"count":0,"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=\/wp\/v2\/posts\/714186\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=714186"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=714186"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=714186"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}