{"id":6160,"date":"2025-12-29T22:31:16","date_gmt":"2025-12-29T14:31:16","guid":{"rendered":"https:\/\/www.dm-yq.com\/?p=6160"},"modified":"2025-12-29T22:31:16","modified_gmt":"2025-12-29T14:31:16","slug":"defi-%e7%89%9b%e5%b8%82%e6%94%bb%e7%95%a5%ef%bc%9a%e7%be%8e%e5%9b%bd-sec-%e5%b7%b2%e9%87%8a%e6%94%be%e5%88%a9%e5%a5%bd%ef%bc%8c%e4%b8%89%e5%a4%a7%e7%b1%bb%e5%88%ab%e5%80%bc%e5%be%97%e5%85%b3%e6%b3%a8","status":"publish","type":"post","link":"https:\/\/www.dm-yq.com\/?p=6160","title":{"rendered":"DeFi \u725b\u5e02\u653b\u7565\uff1a\u7f8e\u56fd SEC \u5df2\u91ca\u653e\u5229\u597d\uff0c\u4e09\u5927\u7c7b\u522b\u503c\u5f97\u5173\u6ce8"},"content":{"rendered":"

\u4e00\u4e2a\u53d7\u7f8e\u56fd\u76d1\u7ba1\u7684 DeFi \u65b0\u65f6\u4ee3\u6b63\u5728\u8bde\u751f\u3002\u8fd9\u4e0d\u4ec5\u662f\u76d1\u7ba1\u4e0a\u7684\u8f6c\u53d8\uff0c\u66f4\u662f\u4e00\u573a\u6295\u8d44\u535a\u5f08\u3002\u8be5\u5982\u4f55\u4e3a\u672a\u6765\u7684 DeFi \u725b\u5e02\u505a\u597d\u51c6\u5907\uff1f\u8ba9\u6211\u4eec\u6765\u4e00\u63a2\u7a76\u7adf\u3002
\n
<\/p>\n

\u4f5c\u8005\uff1aCryptofada<\/p>\n

\u7f16\u8bd1\uff1aFelix, PANews<\/p>\n

6 \u6708 9 \u65e5\uff0c\u7531\u7f8e\u56fd\u8bc1\u7ba1\u4f1a\uff08SEC\uff09\u4e3b\u5e2d Paul Atkins \u4e3b\u6301\u7684\u52a0\u5bc6\u8d27\u5e01\u7279\u522b\u5de5\u4f5c\u5c0f\u7ec4\u5706\u684c\u4f1a\u8bae\uff0c\u5728\u591a\u4e2a\u65b9\u9762\u9884\u793a\u8457\u52a0\u5bc6\u8d27\u5e01\u548c DeFi \u53c2\u4e0e\u8005\u53ef\u80fd\u8fce\u6765\u5229\u597d\u5c40\u9762\u3002\u8fd9\u662f\u7f8e\u56fd\u76d1\u7ba1\u673a\u6784\u6709\u53f2\u4ee5\u6765\u5bf9 DeFi \u6700\u652f\u6301\u7684\u6001\u5ea6\uff0c\u7136\u800c\u5927\u591a\u6570\u4eba\u5c1a\u672a\u610f\u8bc6\u5230\u8fd9\u4e00\u70b9\u3002\u867d\u7136\u5c1a\u672a\u6b63\u5f0f\u7acb\u6cd5\uff0c\u4f46\u8fd9\u4e9b\u8a00\u8bba\uff1a<\/p>\n

\u8425\u9020\u9f13\u52b1\u521b\u65b0\u7684\u76d1\u7406\u6c1b\u56f4
\n\u5f3a\u5316\u81ea\u4e3b\u6258\u7ba1\u548c\u94fe\u4e0a\u53c2\u4e0e\u7684\u5408\u6cd5\u6027
\n\u6697\u793a\u4e3a DeFi \u8bd5\u9a8c\u5236\u5b9a\u66f4\u5bbd\u677e\u3001\u660e\u667a\u7684\u89c4\u5219<\/p>\n

\u8fd9\u5f88\u53ef\u80fd\u662f\u7f8e\u56fd\u5f15\u9886\u7684\u65b0\u4e00\u8f6e DeFi \u590d\u5174\u7684\u5bfc\u706b\u7ebf\uff0c\u5982\u679c\u4f60\u8eab\u5904\u52a0\u5bc6\u9886\u57df\uff0c\u5c31\u77e5\u6653\u8fd9\u65e0\u7591\u91ca\u653e\u4e86\u4e00\u79cd\u8baf\u53f7\uff1a\u4e00\u4e2a\u53d7\u7f8e\u56fd\u76d1\u7ba1\u7684 DeFi \u65b0\u65f6\u4ee3\u6b63\u5728\u8bde\u751f\u3002\u8fd9\u4e0d\u4ec5\u662f\u76d1\u7ba1\u4e0a\u7684\u8f6c\u53d8\uff0c\u66f4\u662f\u4e00\u573a\u6295\u8d44\u535a\u5f08\u3002<\/p>\n

SEC\u5706\u684c\u4f1a\u8bae\u7684\u5173\u952e\u5229\u591a\u8baf\u53f7<\/p>\n

1.\u91d1\u878d\u72ec\u7acb\u6027<\/p>\n

Atkins \u5c06\u7ecf\u6d4e\u81ea\u7531\u3001\u521b\u65b0\u548c\u79c1\u6709\u8d22\u4ea7\u6743\u4e0e DeFi \u7684\u7cbe\u795e\u8054\u7cfb\u8d77\u6765\u3002\u8fd9\u79cd\u53d9\u8ff0\u5c06 DeFi \u91cd\u65b0\u5b9a\u4e49\u4e3a\u7f8e\u56fd\u91d1\u878d\u72ec\u7acb\u7cbe\u795e\u7684\u5ef6\u7eed\uff0c\u800c\u975e\u76d1\u7ba1\u5a01\u80c1\u3002\u8fd9\u4e0e\u4e4b\u524d\u5bf9\u6297\u6027\u7684\u6001\u5ea6\u5f62\u6210\u9c9c\u660e\u5bf9\u6bd4\u3002<\/p>\n

2.\u6d88\u9664Howey\u6d4b\u8bd5\u7684\u4e0d\u786e\u5b9a\u6027\uff1a\u8d28\u62bc\u3001\u6316\u77ff\u548c\u9a8c\u8bc1\u8005\uff0d\u5e76\u975e\u8bc1\u5238<\/p>\n

\u660e\u786e\u6307\u51fa\u8d28\u62bc\u3001\u6316\u77ff\u548c\u9a8c\u8bc1\u8005\u64cd\u4f5c\u5e76\u975e\u8bc1\u5238\u4ea4\u6613\uff0c\u6d88\u9664\u4e86\u957f\u671f\u4ee5\u6765\u963b\u788d\u673a\u6784\u53c2\u4e0e\u5171\u8bc6\u673a\u5236\u7684\u91cd\u5927\u76d1\u7ba1\u9634\u973e\u3002\u8fd9\u89e3\u51b3\u4e86\u7f51\u8def\u53c2\u4e0e\u672c\u8eab\u53ef\u80fd\u56e0 Howey \u6d4b\u8bd5\u800c\u89e6\u53d1\u8bc1\u5238\u76d1\u7ba1\u7684\u6839\u672c\u62c5\u5fe7\u3002\u8fd9\u9879\u660e\u786e\u89c4\u5b9a\u76f4\u63a5\u60e0\u53ca\u89c4\u6a21\u8fbe 470 \u4ebf\u7f8e\u5143\u7684\u6d41\u52a8\u6027\u8d28\u62bc\u5e02\u573a\u3002\u7f8e\u56fd SEC \u660e\u786e\u8868\u793a\uff0c\u4ee5\u77ff\u5de5\/\u9a8c\u8bc1\u8005\u53c2\u4e0e\u6743\u76ca\u8bc1\u660e\u6216\u5de5\u4f5c\u91cf\u8bc1\u660e\uff0c\u6216\u900f\u8fc7\u8d28\u62bc\u5373\u670d\u52a1\u53c2\u4e0e\u8d28\u62bc\uff0c\u672c\u8d28\u4e0a\u5e76\u975e\u8bc1\u5238\u4ea4\u6613\u3002\u8fd9\u964d\u4f4e\u4e86\u4ee5\u4e0b\u65b9\u9762\u7684\u76d1\u7ba1\u4e0d\u786e\u5b9a\u6027\uff1a<\/p>\n

\u6d41\u52a8\u6027\u8d28\u62bc\u534f\u8bae\uff08\u4f8b\u5982 Lido \u3001 RocketPool\uff09
\n\u9a8c\u8bc1\u8005\u57fa\u7840\u8bbe\u65bd\u516c\u53f8
\n\u5177\u6709\u8d28\u62bc\u529f\u80fd\u7684 DeFi \u534f\u8bae<\/p>\n

3.\u94fe\u4e0a\u4ea7\u54c1\u521b\u65b0\u8c41\u514d<\/p>\n

Atkins \u63d0\u51fa\u4e86\u4e00\u9879\u300c\u6709\u6761\u4ef6\u8c41\u514d\u300d\u6216\u300c\u521b\u65b0\u8c41\u514d\u300d\u653f\u7b56\uff0c\u5141\u8bb8\u5feb\u901f\u8bd5\u9a8c\u548c\u63a8\u51fa\u65b0\u7684 DeFi \u4ea7\u54c1\uff0c\u800c\u65e0\u9700\u7e41\u7410\u7684 SEC \u6ce8\u518c\u3002\u62df\u8bae\u7684\u300c\u6709\u6761\u4ef6\u8c41\u514d\u300d\u673a\u5236\u521b\u5efa\u4e86\u4e00\u4e2a\u4e13\u4e3a DeFi \u521b\u65b0\u8bbe\u8ba1\u7684\u76d1\u7ba1\u6c99\u76d2\u3002\u8fd9\u79cd\u65b9\u6cd5\u501f\u9274\u4e86\u65b0\u52a0\u5761\u548c\u745e\u58eb\u7b49\u53f8\u6cd5\u7ba1\u8f96\u533a\u6210\u529f\u7684\u91d1\u878d\u79d1\u6280\u76d1\u7ba1\u6846\u67b6\uff0c\u5141\u8bb8\u5728\u4e0d\u5b8c\u5168\u6ee1\u8db3\u8bc1\u5238\u6ce8\u518c\u8981\u6c42\u7684\u60c5\u51b5\u4e0b\u8fdb\u884c\u53d7\u63a7\u8bd5\u9a8c\uff1a\u8fd9\u53ef\u80fd\u4f1a\u4e3a\u4ee5\u4e0b\u60c5\u51b5\u94fa\u5e73\u9053\u8def\uff1a<\/p>\n

\u65e0\u9700\u8bb8\u53ef\u7684\u521b\u65b0
\n\u7f8e\u56fd DeFi \u4ea7\u54c1\u53d1\u5e03
\n\u4e0e\u4f20\u7edf\u91d1\u878d\u66f4\u5feb\u96c6\u6210<\/p>\n

4.\u81ea\u6211\u6258\u7ba1\u5f97\u5230\u4fdd\u62a4<\/p>\n

\"\"<\/p>\n

Atkins \u5021\u5bfc\u6570\u4f4d\u8d44\u4ea7\u7684\u81ea\u4e3b\u6258\u7ba1\u6743\uff0c\u5e76\u79f0\u5176\u4e3a\u300c\u7f8e\u56fd\u7684\u57fa\u672c\u4ef7\u503c\u300d\u3002\u8fd9\u4e3a\u4ee5\u4e0b\u7c7b\u578b\u4ea7\u54c1\u63d0\u4f9b\u4e86\u652f\u63f4\uff1a<\/p>\n

\u94b1\u5305\u63d0\u4f9b\u8005\uff08\u4f8b\u5982 MetaMask \u3001 Ledger\uff09
\n\u975e\u6258\u7ba1\u5f0f\u4ea4\u6613\u6240\uff08\u4f8b\u5982 Uniswap\uff09
\n\u94fe\u4e0a\u4ea4\u6613\u548c\u6295\u8d44\u5de5\u5177<\/p>\n

5.\u516c\u5f00\u652f\u6301\u5ddd\u666e\u7684\u4eb2\u52a0\u5bc6\u8d27\u5e01\u8bae\u7a0b<\/p>\n

Atkins \u63d0\u5230\u4e86\u5ddd\u666e\u8ba9\u7f8e\u56fd\u6210\u4e3a\u300c\u5168\u7403\u52a0\u5bc6\u8d27\u5e01\u4e4b\u90fd\u300d\u7684\u76ee\u6807\uff0c\u4f7f\u76d1\u7ba1\u57fa\u8c03\u4e0e\u5f53\u524d\u7684\u653f\u6cbb\u9886\u5bfc\u5c42\u4fdd\u6301\u4e00\u81f4\u3002\u968f\u8457 2024 \u5e74\u7f8e\u56fd\u5927\u9009\u5c18\u57c3\u843d\u5b9a\uff0c\u8fd9\u79cd\u653f\u6cbb\u4e0a\u7684\u5951\u5408\u53ef\u80fd\u4f1a\u91ca\u653e\u51fa\u66f4\u6709\u5229\u7684\u76d1\u7ba1\u653f\u7b56\uff0c\u5e76\u63a8\u52a8\u653f\u5e9c\u4e3b\u5bfc\u7684\u52a0\u5bc6\u57fa\u7840\u5efa\u8bbe\u3002<\/p>\n

6.\u5bf9\u94fe\u4e0a\u97e7\u6027\u7684\u9f13\u52b1<\/p>\n

Atkins \u5f15\u7528\u4e86\u6807\u666e\u5168\u7403\u7684\u6570\u636e\uff0c\u79f0\u8d5e\u4e86\u5728\u4e2d\u5fc3\u5316\u91d1\u878d\u4f53\u7cfb\uff08\u5982 FTX \u3001 Celsius\uff09\u5d29\u6e83\u671f\u95f4\uff0cDeFi \u4ecd\u80fd\u4fdd\u6301\u8fd0\u4f5c\u3002\u8fd9\u662f\u5bf9 DeFi \u5728\u538b\u529b\u73af\u5883\u4e0b\u53ef\u9760\u6027\u7684\u76f4\u63a5\u8ba4\u53ef\u3002<\/p>\n

\u6218\u7565\u5b9a\u4f4d\u6846\u67b6
\n\u7b2c\u4e00\u5c42\uff1a\u6838\u5fc3\u57fa\u7840\u8bbe\u65bd\u534f\u8bae<\/p>\n

\u76d1\u7ba1\u660e\u786e\u6027\u6700\u76f4\u63a5\u7684\u53d7\u76ca\u8005\u662f\u6784\u6210 DeFi \u57fa\u7840\u8bbe\u65bd\u9aa8\u5e72\u7684\u534f\u8bae\u3002\u8fd9\u4e9b\u534f\u8bae\u901a\u5e38\u5177\u6709\u8f83\u9ad8\u7684\u603b\u9501\u4ed3\u4ef7\u503c\uff08TVL\uff09\u3001\u6210\u719f\u7684\u6cbb\u7406\u7ed3\u6784\u4ee5\u53ca\u4e0e\u4f20\u7edf\u91d1\u878d\u670d\u52a1\u76f8\u5951\u5408\u7684\u660e\u786e\u6548\u7528\u529f\u80fd\u3002<\/p>\n

\u6d41\u52a8\u6027\u8d28\u62bc\u534f\u8bae\uff1a\u968f\u8457\u8d28\u62bc\u89c4\u5219\u7684\u660e\u786e\uff0c\u8bf8\u5982 Lido Finance\uff08$LDO\uff09\u3001 Rocket Pool\uff08$RPL\uff09\u548c Frax Ether\uff08$FXS\uff09\u7b49\u534f\u8bae\u6709\u671b\u5438\u5f15\u5bfb\u6c42\u5408\u89c4\u8d28\u62bc\u89e3\u51b3\u65b9\u6848\u7684\u673a\u6784\u8d44\u91d1\u6d41\u5165\u3002\u968f\u8457\u76d1\u7ba1\u969c\u788d\u7684\u6d88\u9664\uff0c\u89c4\u6a21\u8fbe 470 \u4ebf\u7f8e\u5143\u7684\u6d41\u52a8\u6027\u8d28\u62bc\u5e02\u573a\u53ef\u80fd\u4f1a\u5927\u5e45\u6210\u957f\u3002<\/p>\n

\u53bb\u4e2d\u5fc3\u5316\u4ea4\u6613\u6240\uff1aUniswap\uff08$UNI\uff09\u3001 Curve\uff08$CRV\uff09\u4ee5\u53ca\u7c7b\u4f3c\u7684\u534f\u8bae\u65e2\u53d7\u76ca\u4e8e\u81ea\u6211\u6258\u7ba1\u4fdd\u62a4\uff0c\u53c8\u4eab\u6709\u521b\u65b0\u8c41\u514d\u6743\u3002\u8fd9\u4e9b\u5e73\u53f0\u80fd\u63a8\u51fa\u66f4\u590d\u6742\u7684\u91d1\u878d\u4ea7\u54c1\uff0c\u800c\u65e0\u9700\u9762\u4e34\u76d1\u7ba1\u4e0a\u7684\u5ef6\u8bef\u3002<\/p>\n

\u501f\u8d37\u534f\u8bae\uff1aAave\uff08$AAVE\uff09\u3001 Compound\uff08$COMP\uff09\u548c MakerDAO\uff08$MKR\uff09\u80fd\u591f\u5728\u76d1\u7ba1\u66f4\u52a0\u660e\u786e\u7684\u60c5\u51b5\u4e0b\u6269\u5c55\u5176\u9762\u5411\u673a\u6784\u7684\u4ea7\u54c1\uff0c\u5c24\u5176\u662f\u5728\u81ea\u52a8\u5316\u501f\u8d37\u548c\u5408\u6210\u8d44\u4ea7\u521b\u5efa\u65b9\u9762\u3002<\/p>\n

\u7b2c\u4e8c\u5c42\uff1a\u73b0\u5b9e\u4e16\u754c\u8d44\u4ea7\u6574\u5408<\/p>\n

\u521b\u65b0\u8c41\u514d\u6846\u67b6\u5c24\u5176\u6709\u5229\u4e8e\u8fde\u63a5\u4f20\u7edf\u91d1\u878d\u548c DeFi \u7684\u534f\u8bae\u3002\u73b0\u5b9e\u4e16\u754c\u8d44\u4ea7\uff08RWA\uff09\u534f\u8bae\u73b0\u5728\u53ef\u4ee5\u5c1d\u8bd5\u4ee3\u5e01\u5316\u6a21\u578b\uff0c\u800c\u65e0\u9700\u7e41\u7410\u7684\u8bc1\u5238\u6ce8\u518c\u6d41\u7a0b\u3002<\/p>\n

RWA \u9886\u57df\u7684\u9886\u5bfc\u8005\uff1aOndo Finance \u3001 Maple Finance \u548c Centrifuge \u9884\u8ba1\u5c06\u52a0\u901f\u673a\u6784\u5bf9\u4ee3\u5e01\u5316\u8bc1\u5238\u3001\u4f01\u4e1a\u4fe1\u8d37\u548c\u7ed3\u6784\u6027\u4ea7\u54c1\u7684\u91c7\u7528\u3002\u76ee\u524d RWA \u9886\u57df\u7684 TVL \u7ea6\u4e3a 80 \u4ebf\u7f8e\u5143\uff0c\u82e5\u76d1\u7ba1\u8def\u5f84\u66f4\u52a0\u6e05\u6670\uff0c\u8be5\u9886\u57df\u53ef\u80fd\u4f1a\u8fc5\u901f\u6269\u5f20\u3002<\/p>\n

\u7b2c\u4e09\u5c42\uff1a\u65b0\u5174\u521b\u65b0\u7c7b\u522b<\/p>\n

\u6709\u6761\u4ef6\u7684\u8c41\u514d\u673a\u5236\u4e3a\u5168\u65b0\u7c7b\u522b\u7684 DeFi \u4ea7\u54c1\u521b\u9020\u4e86\u673a\u4f1a\uff0c\u8fd9\u4e9b\u4ea7\u54c1\u5148\u524d\u56e0\u76d1\u7ba1\u4e0d\u786e\u5b9a\u6027\u800c\u505c\u6ede\u4e0d\u524d\u3002<\/p>\n

\u8de8\u94fe\u57fa\u7840\u8bbe\u65bd\uff1a\u652f\u63f4\u8de8\u94fe\u5b89\u5168\u8d44\u4ea7\u8f6c\u79fb\u7684\u534f\u8bae\u5982\u4eca\u53ef\u4ee5\u5f00\u53d1\u66f4\u590d\u6742\u7684\u4ea7\u54c1\uff0c\u800c\u65e0\u9700\u62c5\u5fc3\u65e0\u610f\u4e2d\u8fdd\u53cd\u8bc1\u5238\u6cd5\u3002<\/p>\n

\u81ea\u52a8\u5316\u91d1\u878d\u4ea7\u54c1\uff1a\u6536\u76ca\u4f18\u5316\u534f\u8bae\u3001\u81ea\u52a8\u5316\u4ea4\u6613\u7cfb\u7edf\u548c\u6f14\u7b97\u6cd5\u8d44\u4ea7\u7ba1\u7406\u5de5\u5177\u5982\u4eca\u53ef\u5728\u7f8e\u56fd\u5e02\u573a\u66f4\u5feb\u5f00\u53d1\u548c\u90e8\u7f72\u3002<\/p>\n

\u5982\u4f55\u4e3a\u672a\u6765\u7684DeFi\u725b\u5e02\u505a\u597d\u51c6\u5907\uff1f<\/p>\n

1.\u52a0\u500d\u62bc\u6ce8\u9ad8\u53ef\u9760\u6027\u7684DeFi\u534f\u8bae<\/p>\n

\u5173\u6ce8\u90a3\u4e9b\u6709\u671b\u4ece\u76d1\u7ba1\u660e\u786e\u6027\u4e2d\u83b7\u76ca\u7684\u534f\u8bae\uff1a<\/p>\n

\u8d28\u62bc\u4e0e LST\uff1aLido \u3001 RocketPool \u3001 ether.fi \u3001 Coinbase \u7684 cbETH
\n\u53bb\u4e2d\u5fc3\u5316\u4ea4\u6613\u6240\uff1aUniswap \u3001 Curve \u3001 GMX \u3001 SushiSwap
\n\u7a33\u5b9a\u5e01\u534f\u8bae\uff1aMakerDAO \u3001 Ethena \u3001 Frax
\nRWA \u534f\u8bae\uff1aOndo \u3001 Maple \u3001 Centrifuge<\/p>\n

2.\u56e4\u79ef\u6cbb\u7406\u4ee3\u5e01<\/p>\n

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3.\u53c2\u4e0e\u94fe\u4e0a\u6cbb\u7406<\/p>\n

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4.\u5728\u7f8e\u56fd\u52a0\u5bc6\u751f\u6001\u4e2d\u5efa\u8bbe\u6216\u8d21\u732e<\/p>\n

SEC \u7684\u8baf\u53f7\u5c06\u4f7f\u4ee5\u4e0b\u5404\u65b9\u66f4\u52a0\u5b89\u5168\uff1a<\/p>\n

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\n\u94b1\u5305\u5f00\u53d1\u8005
\n\u8d28\u62bc\u5373\u670d\u52a1\u516c\u53f8
\n\u5f00\u6e90\u8f6f\u4f53\u8d21\u732e\u8005<\/p>\n

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\n\u7533\u8bf7\u8d44\u52a9\u6216\u53c2\u4e0e DAO \u751f\u6001\u7cfb\u5efa\u8bbe\uff08\u5982 Optimism Retro Funding \u3001 Gitcoin\uff09
\n\u52a0\u5165\u7f8e\u56fd\u7684 DeFi \u7ec4\u7ec7\u6216 DAO<\/p>\n

5.\u62a2\u5148\u5e03\u5c40\u673a\u6784\u53c2\u4e0e\u7684\u9879\u76ee<\/p>\n

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6.\u5bc6\u5207\u5173\u6ce8\u300c\u521b\u65b0\u8c41\u514d\u300d\u6307\u5357<\/p>\n

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\n\u673a\u6784\u91c7\u7528\u50ac\u5316\u5242\u5206\u6790<\/p>\n

\u8d44\u672c\u6d41\u52a8\u9884\u6d4b<\/p>\n

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\n\u9000\u4f11\u57fa\u91d1\u548c\u4e3b\u6743\u57fa\u91d1\uff1a\u5927\u578b\u673a\u6784\u6295\u8d44\u8005\u73b0\u5728\u53ef\u4ee5\u5c06 DeFi \u534f\u8bae\u89c6\u4e3a\u5408\u6cd5\u7684\u6295\u8d44\u7c7b\u522b\u6765\u8fdb\u884c\u8d44\u4ea7\u914d\u7f6e\u3002\u8fd9\u4e9b\u6295\u8d44\u8005\u901a\u5e38\u4ee5 1 \u4ebf\u7f8e\u5143\u81f3 10 \u4ebf\u7f8e\u5143\u7684\u8d44\u91d1\u89c4\u6a21\u8fdb\u884c\u6295\u8d44\uff0c\u8fd9\u4ee3\u8868\u534f\u8bae TVL \u53ef\u80fd\u51fa\u73b0\u6570\u91cf\u7ea7\u6210\u957f\u3002<\/p>\n

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