\u968f\u8457\u7f8e\u4e2d\u8d38\u6613\u6218\u5347\u6e29\u3001\u4eba\u6c11\u5e01\u6301\u7eed\u627f\u538b\uff0c\u4e2d\u56fd\u5b98\u65b9\u5468\u4e8c\u5c06\u4eba\u6c11\u5e01\u5151\u7f8e\u5143\u4e2d\u95f4\u4ef7\u8bbe\u5b9a\u5728 7.2038 \u7f8e\u5143\uff0c\u7f55\u89c1\u677e\u624b\u8ba9\u4eba\u6c11\u5e01\u8dcc\u7834\u300c 7.2 \u7f8e\u5143\u300d\u7684\u957f\u671f\u9632\u7ebf\u3002\u5206\u6790\u5e08\u8ba4\u4e3a\uff0c\u5047\u8bbe\u4eba\u6c11\u5e01\u6301\u7eed\u8d2c\u503c\uff0c\u52bf\u5fc5\u5c06\u7206\u53d1\u8d44\u91d1\u51fa\u8d70\u6f6e\uff0c\u751a\u81f3\u91cd\u6f14 10 \u5e74\u524d\u5927\u9646\u94b1\u6f6e\u6d8c\u5165\u6bd4\u7279\u5e01\u7684\u76db\u51b5\u3002
\n
<\/p>\n
\u968f\u8457\u7f8e\u4e2d\u8d38\u6613\u6218\u5347\u6e29\u3001\u4eba\u6c11\u5e01\u6301\u7eed\u627f\u538b\uff0c\u4e2d\u56fd\u5b98\u65b9\u5468\u4e8c\u5c06\u4eba\u6c11\u5e01\u5151\u7f8e\u5143\u4e2d\u95f4\u4ef7\u8bbe\u5b9a\u5728 7.2038 \u7f8e\u5143\uff0c\u7f55\u89c1\u677e\u624b\u8ba9\u4eba\u6c11\u5e01\u8dcc\u7834\u300c7.2 \u7f8e\u5143\u300d\u7684\u957f\u671f\u9632\u7ebf\u3002\u5206\u6790\u5e08\u8ba4\u4e3a\uff0c\u5047\u8bbe\u4eba\u6c11\u5e01\u6301\u7eed\u8d2c\u503c\uff0c\u52bf\u5fc5\u5c06\u7206\u53d1\u8d44\u91d1\u51fa\u8d70\u6f6e\uff0c\u751a\u81f3\u91cd\u6f14 10 \u5e74\u524d\u5927\u9646\u94b1\u6f6e\u6d8c\u5165\u6bd4\u7279\u5e01\u7684\u76db\u51b5\u3002<\/p>\n
\u4eba\u6c11\u5e01\u5e76\u975e\u81ea\u7531\u6d6e\u52a8\u8d27\u5e01\uff0c\u800c\u662f\u6bcf\u5929\u7531\u5b98\u65b9\u8bbe\u5b9a\u4e2d\u95f4\u4ef7\uff0c\u5e02\u573a\u6c47\u4ef7\u4ec5\u80fd\u5728\u4e0a\u4e0b 2% \u8303\u56f4\u5185\u6ce2\u52a8\uff0c\u800c\u300c7.2 \u7f8e\u5143\u300d\u53c8\u4e00\u76f4\u662f\u4e2d\u56fd\u4eba\u6c11\u94f6\u884c\u575a\u5b88\u7684\u4e2d\u95f4\u4ef7\u300c\u5e95\u7ebf\u300d\u3002<\/p>\n
\u81ea 2022 \u5e74\u4ee5\u6765\uff0c\u867d\u7136\u4eba\u6c11\u5e01\u5151\u7f8e\u5143\u5076\u6709\u77ed\u6682\u89e6\u53ca 7.2 \u7f8e\u5143\uff0c\u4f46\u4ece\u672a\u771f\u6b63\u8dcc\u7834\u8fd9\u9053\u5173\u5361\u3002\u5982\u4eca\u5317\u4eac\u5b98\u65b9\u4e3b\u52a8\u5f03\u5b88\u9632\u7ebf\uff0c\u5e02\u573a\u89e3\u8bfb\u8ba4\u4e3a\uff0c\u4e2d\u56fd\u7684\u5916\u6c47\u673a\u5236\u5df2\u8f6c\u53d8\u4e3a\u300c\u6709\u7ba1\u7406\u8d2c\u503c\u300d\uff0c\u501f\u6b64\u6765\u7ef4\u6301\u51fa\u53e3\u7ade\u4e89\u529b\uff0c\u4ee5\u62b5\u9500\u7f8e\u65b9\u5173\u7a0e\u5e26\u6765\u7684\u51b2\u51fb\u3002<\/p>\n
\u4eba\u6c11\u5e01\u8d70\u8d2c + \u8d44\u672c\u7ba1\u5236\u653e\u677e = \u6bd4\u7279\u5e01\u518d\u8fce\u6da8\u52bf\u5951\u673a<\/p>\n
\u4e2d\u56fd\u6c47\u7387\u653f\u7b56\u7684\u677e\u52a8\uff0c\u4e5f\u8ba9\u90e8\u5206\u5e02\u573a\u4e13\u5bb6\u55c5\u5230\u300c\u8d44\u91d1\u5927\u51fa\u9003\u300d\u7684\u6c14\u606f\uff0c\u5e76\u9884\u671f\u56db\u5904\u9003\u7a9c\u7684\u8d44\u91d1\u53ef\u80fd\u4f1a\u8f6c\u5411\u52a0\u5bc6\u8d27\u5e01\u5bfb\u627e\u907f\u9669\u51fa\u53e3\u3002<\/p>\n
10x Research \u521b\u529e\u4eba Markus Thielen \u5728\u5468\u4e00\u7684\u62a5\u544a\u4e2d\u6307\u51fa\uff1a<\/p>\n
\u7f8e\u65b9\u6b63\u5bf9\u4e2d\u56fd\u65bd\u52a0\u5168\u65b9\u4f4d\u7684\u7ecf\u6d4e\u538b\u529b\uff0c\u5317\u4eac\u6050\u6015\u53ea\u80fd\u4ee5\u91cf\u5316\u5bbd\u677e\u4e0e\u8d27\u5e01\u8d2c\u503c\u653f\u7b56\u53cd\u51fb\u3002<\/p>\n
\u4e00\u65e6\u5b98\u65b9\u5f00\u53e3\u8ba9\u8d44\u672c\u5916\u6d41\uff0c\u90a3\u4e48\u6bd4\u7279\u5e01\u5c31\u6709\u673a\u4f1a\u91cd\u6f14 2015 \u5e74\u7684\u98d9\u6da8\u8d70\u52bf\u3002<\/p>\n
\u65f6\u95f4\u56de\u5230 2015 \u5e74 8 \u6708 11 \u65e5\uff0c\u4e2d\u56fd\u592e\u884c\u66fe\u4e00\u6b21\u6027\u5c06\u4eba\u6c11\u5e01\u8d2c\u503c 1.9%\uff0c\u521b\u4e0b\u903e 20 \u5e74\u6765\u6700\u5927\u5355\u65e5\u8dcc\u5e45\uff0c\u9020\u6210\u5168\u7403\u80a1\u6c47\u5e02\u5267\u70c8\u9707\u8361\u3002\u6bd4\u7279\u5e01\u5f53\u65f6\u540c\u6b65\u4e0b\u632b\u8d85\u8fc7 20%\uff0c\u4f46\u968f\u5373\u5f3a\u52bf\u53cd\u5f39\uff0c\u5728\u540e\u7eed\u7684 4 \u4e2a\u6708\u5185\u7206\u51b2\u8fd1 60%\uff0c\u6210\u4e3a\u8d44\u672c\u5bfb\u6c42\u51fa\u8def\u7684\u300c\u65b0\u901a\u9053\u300d\u3002<\/p>\n
Bybit \u6267\u884c\u957f Ben Zhou \u4e5f\u5728\u793e\u7fa4\u5e73\u53f0 X\uff08\u524d Twitter\uff09\u53d1\u6587\u6307\u51fa\uff0c\u6bcf\u5f53\u4eba\u6c11\u5e01\u8d70\u5f31\uff0c\u8d44\u91d1\u5c31\u4f1a\u503e\u5411\u6d8c\u5165\u6bd4\u7279\u5e01\uff0c\u300c\u8fd9\u56de\u53ef\u80fd\u4e5f\u4e0d\u4f8b\u5916\u300d\u3002<\/p>\n
BitMEX \u521b\u529e\u4eba Arthur Hayes \u66f4\u76f4\u8a00\uff1a\u300c\u5982\u679c\u4e0d\u662f\u8054\u51c6\u4f1a\uff08Fed\uff09\u7ed9\u6211\u4eec\u60ca\u559c\uff0c\u90a3\u5c31\u662f\u4e2d\u56fd\u4eba\u6c11\u94f6\u884c\uff08\u592e\u884c\uff09\u4e86\u3002\u300d<\/p>\n
\u4ed6\u8ba4\u4e3a\uff0c\u82e5\u4e2d\u56fd\u53c8\u7167\u8457\u300c\u8d27\u5e01\u8d2c\u503c\u300d\u7684\u8001\u5267\u672c\u6f14\u51fa\uff0c\u300c\u8d44\u91d1\u5916\u9003\u6d8c\u5165\u6bd4\u7279\u5e01\u300d\u7684\u53d9\u4e8b\u5c06\u91cd\u56de\u5e02\u573a\u4e3b\u7ebf\uff0c\u300c\u8fd9\u62db\u8fc7\u53bb\u5728 2013 \u3001 2015 \u5e74\u90fd\u594f\u6548\uff0c2025 \u5e74\u4e5f\u80fd\u518d\u6765\u4e00\u6b21\u300d\u3002<\/p>\n
\u52a0\u5bc6\u8d27\u5e01\u7981\u4ee4\u300c\u7d27\u7b8d\u5492\u300d\u72b9\u5728\uff0c\u4e2d\u56fd\u6563\u6237\u8fdb\u573a\u96be\u4e0a\u52a0\u96be<\/p>\n
\u7136\u800c\uff0c\u4e0e\u8fc7\u5f80\u76f8\u6bd4\uff0c\u5982\u4eca\u4e2d\u56fd\u5bf9\u52a0\u5bc6\u8d27\u5e01\u7684\u7ba1\u63a7\u5df2\u5927\u4e3a\u6536\u7d27\uff0c\u653f\u7b56\u98ce\u9669\u4f9d\u65e7\u6c89\u91cd\u3002\u8fd1\u5e74\u6765\uff0c\u4e2d\u56fd\u5bf9\u52a0\u5bc6\u8d27\u5e01\u796d\u51fa\u5168\u7403\u6700\u4e25\u5389\u7684\u6253\u51fb\u653f\u7b56\uff0c\u4e0d\u4ec5\u5168\u9762\u7981\u6b62\u4ea4\u6613\u3001\u6316\u77ff\uff0c\u66f4\u5c06\u8d44\u91d1\u6d41\u5411\u7eb3\u5165\u9ad8\u98ce\u9669\u63a7\u7ba1\u8303\u56f4\u3002<\/p>\n
\u4eca\u5e74\u521d\uff0c\u4e2d\u56fd\u65b0\u89c4\u660e\u786e\u8981\u6c42\u94f6\u884c\u52a0\u5f3a\u76d1\u63a7\u56fd\u9645\u8d44\u91d1\u6d41\u52a8\uff0c\u5c24\u5176\u9488\u5bf9\u6d89\u53ca\u52a0\u5bc6\u8d27\u5e01\u7684\u4ea4\u6613\u5f02\u52a8\uff0c\u94f6\u884c\u4e0d\u4ec5\u987b\u5373\u65f6\u901a\u62a5\uff0c\u751a\u81f3\u53ef\u51bb\u7ed3\u6d89\u98ce\u9669\u5e10\u6237\uff0c\u5bf9\u4e8e\u60f3\u501f\u7531\u52a0\u5bc6\u8d27\u5e01\u5206\u6563\u98ce\u9669\u7684\u6563\u6237\u6765\u8bf4\uff0c\u7b49\u540c\u8bbe\u4e0b\u9ad8\u5899\u3002<\/p>\n
Marcus Thielen \u8865\u5145\u8bf4\uff0c\u81ea\u53bb\u5e74 8 \u6708\u8d77\uff0c\u4e2d\u56fd\u6700\u9ad8\u4eba\u6c11\u6cd5\u9662\u5df2\u660e\u786e\u5f3a\u5316\u6d89\u53ca\u52a0\u5bc6\u8d27\u5e01\u6d17\u94b1\u7684\u7f5a\u5219\uff0c\u300c\u8fd9\u5df2\u6784\u6210\u5f3a\u70c8\u5a01\u6151\uff0c\u5c31\u7b97\u7ecf\u6d4e\u524d\u666f\u5145\u6ee1\u4e0d\u786e\u5b9a\u6027\uff0c\u4e5f\u8ba9\u4e0d\u5c11\u6f5c\u5728\u6295\u8d44\u4eba\u671b\u800c\u5374\u6b65\u300d\u3002<\/p>\n
\u4e2d\u56fd\u5c31\u662f\u7981\u4e0d\u4e86\u52a0\u5bc6\u8d27\u5e01\uff1f\u300a\u5f6d\u535a\u793e\u300b\uff1a\u5927\u6279\u6c11\u4f17\u4ecd\u5728\u4e70\u5356<\/p><\/p>\n","protected":false},"excerpt":{"rendered":"
\u968f\u8457\u7f8e\u4e2d\u8d38\u6613\u6218\u5347\u6e29\u3001\u4eba\u6c11\u5e01\u6301\u7eed\u627f\u538b\uff0c\u4e2d\u56fd\u5b98\u65b9\u5468\u4e8c\u5c06\u4eba\u6c11\u5e01\u5151\u7f8e\u5143\u4e2d\u95f4\u4ef7\u8bbe\u5b9a\u5728 7.2038 \u7f8e\u5143\uff0c\u7f55\u89c1\u677e\u624b\u8ba9\u4eba\u6c11…<\/p>\n","protected":false},"author":3,"featured_media":5985,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-6595","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\/6595","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\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dm-yq.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6595"}],"version-history":[{"count":1,"href":"https:\/\/www.dm-yq.com\/index.php?rest_route=\/wp\/v2\/posts\/6595\/revisions"}],"predecessor-version":[{"id":9168,"href":"https:\/\/www.dm-yq.com\/index.php?rest_route=\/wp\/v2\/posts\/6595\/revisions\/9168"}],"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=6595"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.dm-yq.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6595"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.dm-yq.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6595"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}