{"id":4716,"date":"2025-09-25T18:55:16","date_gmt":"2025-09-25T10:55:16","guid":{"rendered":"https:\/\/www.dm-yq.com\/?p=4716"},"modified":"2025-09-25T18:55:16","modified_gmt":"2025-09-25T10:55:16","slug":"%e5%8a%a0%e5%af%86%e8%b4%a7%e5%b8%81%e5%b8%82%e5%9c%ba%e5%88%b0%e5%ba%95%e4%ba%86%ef%bc%9fpantera%ef%bc%9a%e6%af%94%e7%89%b9%e5%b8%81%e6%ad%a3%e5%b1%95%e5%bc%80%e6%96%b0%e7%89%9b%e5%b8%82","status":"publish","type":"post","link":"https:\/\/www.dm-yq.com\/?p=4716","title":{"rendered":"\u52a0\u5bc6\u8d27\u5e01\u5e02\u573a\u5230\u5e95\u4e86\uff1fPantera\uff1a\u6bd4\u7279\u5e01\u6b63\u5c55\u5f00\u65b0\u725b\u5e02"},"content":{"rendered":"

\n\t\u8d44\u4ea7\u7ba1\u7406\u516c\u53f8Pantera Capital \u8ba4\u4e3a\uff0c\u6bd4\u7279\u5e01\u6b63\u5c55\u5f00\u300c\u7b2c7 \u8f6e\u725b\u5e02\u5468\u671f\u300d\uff0c\u6295\u8d44\u4eba\u4e0d\u5e94\u88ab\u52a0\u5bc6\u8d27\u5e01\u4ea4\u6613\u6240FTX \u5012\u95ed\u7684\u4e8b\u4ef6\u5413\u574f\u3002<\/p>\n

\n\tPantera Capital \u6267\u884c\u957fDan Morehead \u57282 \u67088 \u65e5\u6700\u65b0\u7684\u300c\u533a\u5757\u94fe\u65f6\u4e8b\u901a\u8baf\u300d\uff08Blockchain Letter\uff09\u4e2d\uff0c \u9884\u6d4b2023 \u5e74\u5c06\u662f\u52a0\u5bc6\u8d27\u5e01\u5e02\u573a\u300c\u91cd\u5efa\u4fe1\u4efb\u7684\u4e00\u5e74\u300d\u3002<\/p>\n

\n\t\u6bd4\u7279\u5e01\u4ef7\u683c\u57281 \u6708\u5927\u6da840% \u540e\u5c0f\u5e45\u56de\u6863\uff0c\u4e00\u4e9b\u5e02\u573a\u53c2\u4e0e\u8005\u4ecd\u7136\u575a\u6301\u8ba4\u4e3a\uff0c\u52a0\u5bc6\u8d44\u4ea7\u5c06\u51fa\u73b0\u65b0\u7684\u6574\u4f53\u4f4e\u70b9\u3002<\/p>\n

\n\t\u5404\u65b9\u5bf9\u4e0a\u8ff0\u60c5\u8282\u7684\u5b9e\u73b0\u65f6\u95f4\u70b9\u770b\u6cd5\u4e0d\u540c\uff0c\u5bf9\u4e8e\u5e02\u573a\u5c06\u5982\u4f55\u53cd\u5f39\uff0c\u4e5f\u6b20\u7f3a\u5171\u8bc6\u3002<\/p>\n

\n\t\u5bf9\u4e8eDan Morehead \u6765\u8bf4\uff0c\u52a0\u5bc6\u8d27\u5e01\u5e02\u573a\u7ffb\u591a\u6210\u4e3a\u725b\u5e02\u7684\u65f6\u673a\u5c31\u662f\u73b0\u5728\u3002\u4ed6\u8bf4\uff1a\u300cPantera \u5df2\u5386\u7ecf\u5341\u5e74\u7684\u6bd4\u7279\u5e01\u5468\u671f\uff0c\u800c\u6211\u5219\u5df2\u5386\u7ecf35 \u5e74\u7c7b\u4f3c\u7684\u5468\u671f\u3002\u300d\u4ed6\u8bf4\uff1a<\/p>\n

\n

\n\t\t\u6211\u8ba4\u4e3a\u52a0\u5bc6\u8d44\u4ea7\u5df2\u7ecf\u89c1\u5230\u4f4e\u70b9\uff0c\u6211\u4eec\u6b63\u5904\u4e8e\u4e0b\u4e00\u4e2a\u725b\u5e02\u5468\u671f\uff0c\u65e0\u8bba\u5bf9\u5229\u7387\u654f\u611f\u7684\u8d44\u4ea7\u7c7b\u522b\u4f1a\u53d1\u751f\u4ec0\u4e48\u4e8b\u3002<\/p>\n<\/blockquote>\n

\n\tDan Morehead \u4e3b\u5f20\uff0c\u6bd4\u7279\u5e01\u4ece\u6700\u65b0\u7684\u5386\u53f2\u9ad8\u70b9\u56de\u843d\u5df2\u7ecf\u8ba9\u5e02\u573a\u7f6e\u4e8e\u5386\u53f2\u8109\u7edc\u4e0b\uff0c\u5c3d\u7ba1\u6bd4\u7279\u5e01\u57282022 \u5e7411 \u6708FTX \u5d29\u6e83\u540e\uff0c\u8dcc\u7834\u5148\u524d\u7684\u725b\u5e02\u5386\u53f2\u9ad8\u70b9\u3002<\/p>\n

\n\t\u4ed6\u9644\u4e0a\u6570\u636e\u8868\u793a\uff1a\u300c\u4ece2021 \u5e7411 \u6708\u52302022 \u5e7411 \u6708\u7684\u4e0b\u8dcc\u662f\u5178\u578b\u5468\u671f\u7684\u4e2d\u95f4\u671f\u3002\u8fd9\u662f\u552f\u4e00\u4e00\u6b21\u8d85\u8d8a\u5b8c\u5168\u62b9\u6389\u5148\u524d\u725b\u5e02\u6da8\u52bf\u7684\u718a\u5e02\uff0c\u56de\u5410\u4e86\u5148\u524d\u6da8\u52bf\u7684136%\u3002\u300d<\/p>\n

\n\t\u4ed6\u8bf4\uff1a\u300c\u4e0b\u8dcc\u671f\u95f4\u5929\u6570\u7684\u4e2d\u4f4d\u6570\u4e3a307 \u5929\uff0c\u800c\u5148\u524d\u4e00\u8f6e\u718a\u5e02\u4e3a376 \u5929\uff1b\u4e0b\u8dcc\u5e45\u5ea6\u7684\u4e2d\u4f4d\u6570\u8dcc\u5e45\u662f73%\uff0c\u800c\u6700\u8fd1\u4e00\u6ce2\u718a\u5e02\u5219\u8dcc77%\u3002\u300d<\/p>\n

\n\t\u5c55\u671b\u672a\u6765\uff0c\u8d8b\u52bf\u8f6c\u53d8\u5c06\u786e\u7acb\uff0c\u6bd4\u7279\u5e01\u6b63\u8fc8\u5411\u65b0\u7684\u65b0\u9ad8\u3002<\/p>\n

\n\tDan Morehead \u8bf4\uff1a\u300c\u6211\u8ba4\u4e3a\u6211\u4eec\u6b63\u5904\u5728\u8fd9\u60c5\u51b5\uff0c\u5f00\u59cb\u8d70\u5f97\u66f4\u9ad8\u3002\u300d<\/p>\n

\n\t\"\"<\/p>\n

\n\t\u53bb\u4e2d\u5fc3\u5316\u91d1\u878d\uff08DeFi\uff09\u9886\u57df\u4e5f\u51fa\u73b0\u7c7b\u4f3c\u7684\u4e50\u89c2\u6c1b\u56f4\u3002\u5c3d\u7ba1\u5982\u6b64\uff0cPantera \u4ecd\u628a\u4eca\u5e74\u5b9a\u4e3aDeFi \u9886\u57df\u300c\u91cd\u5efa\u4fe1\u4efb\u300d\u7684\u4e00\u5e74\u3002\u4ed6\u8bf4\uff0c\u7531\u4e8e\u8fc7\u53bb\u4e00\u5e74\u6709\u591a\u5bb6\u4f01\u4e1a\u5012\u95ed\uff0c\u62d6\u7d2f\u6574\u4e2a\u52a0\u5bc6\u8d27\u5e01\u5e02\u573a\u8fdb\u5165\u718a\u5e02\uff0c\u56e0\u6b64\u91cd\u5efa\u4fe1\u4efb\u662f\u5fc5\u8981\u7684\u3002<\/p>\n

\n\t\u4ed6\u8bf4\uff1a\u300c2022 \u5e74\u662f\u8363\u666f\u548c\u6ce1\u6cab\u7834\u88c2\u7684\u4e00\u5e74\uff0c\u5c24\u5176\u662f\u548c\u4e2d\u5fc3\u5316\u91d1\u878d\uff08CeFi\uff09\u6709\u5173\u7684\u4e00\u5e74\u3002\u5728\u51e0\u4e2a\u6708\u7684\u65f6\u95f4\u91cc\uff0c\u6211\u4eec\u770b\u5230\u4e09\u7bad\u8d44\u672c\uff08Three Arrows Capital\uff09\u5012\u95ed\u3001Do Kwon \u7684LUNA \u5e01\u5d29\u6e83\u3001Voyager Digital \u7834\u4ea7\uff0c\u4ee5\u53caSBF \u7684FTX \u5e1d\u56fd\u74e6\u89e3\u3002\u300d<\/p>\n

\n\t\u300c\u8fd9\u4e9b\u4e8b\u4ef6\u6709\u4ec0\u4e48\u5171\u540c\u70b9\u3002\u5a92\u4f53\u6807\u9898\u53ef\u80fd\u662f\u8bf4\u52a0\u5bc6\u8d27\u5e01\u6216Web3 \u5931\u8d25\u4e86\uff0c\u4f46\u4e8b\u5b9e\u4e0a\uff0c\u8fd9\u662f\u5728\u6cd5\u5f8b\u6ca1\u6709\u660e\u786e\u89c4\u8303\u7684\u60c5\u51b5\u4e0b\uff0c\u574f\u4efd\u5b50\u7684\u7ed3\u5408\u3002\u5982\u679c\u8bf42022 \u5e74\u662f\u8fdd\u53cd\u89c4\u5219\u548c\u5931\u8d25\u7684\u4e00\u5e74\uff0c\u6211\u76f8\u4fe1\uff0c2023 \u5e74\u4f1a\u662f\u4e2a\u9075\u5faa\u89c4\u5219\u3001\u4eab\u53d7\u5956\u52b1\u7684\u4e00\u5e74\u3002\u300d<\/p>\n","protected":false},"excerpt":{"rendered":"

\u8d44\u4ea7\u7ba1\u7406\u516c\u53f8Pantera Capital \u8ba4\u4e3a\uff0c\u6bd4\u7279\u5e01\u6b63\u5c55\u5f00\u300c\u7b2c7 \u8f6e\u725b\u5e02\u5468\u671f\u300d\uff0c\u6295\u8d44\u4eba\u4e0d\u5e94\u88ab\u52a0\u5bc6\u8d27\u5e01\u4ea4\u6613\u6240…<\/p>\n","protected":false},"author":1,"featured_media":5985,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-4716","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/www.dm-yq.com\/index.php?rest_route=\/wp\/v2\/posts\/4716","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.dm-yq.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.dm-yq.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.dm-yq.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dm-yq.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4716"}],"version-history":[{"count":1,"href":"https:\/\/www.dm-yq.com\/index.php?rest_route=\/wp\/v2\/posts\/4716\/revisions"}],"predecessor-version":[{"id":8320,"href":"https:\/\/www.dm-yq.com\/index.php?rest_route=\/wp\/v2\/posts\/4716\/revisions\/8320"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.dm-yq.com\/index.php?rest_route=\/wp\/v2\/media\/5985"}],"wp:attachment":[{"href":"https:\/\/www.dm-yq.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4716"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.dm-yq.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4716"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.dm-yq.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4716"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}