{"id":3118,"date":"2026-08-25T07:23:46","date_gmt":"2026-08-24T23:23:46","guid":{"rendered":"https:\/\/www.yqcsfz.com\/?p=3118"},"modified":"2026-08-25T07:23:46","modified_gmt":"2026-08-24T23:23:46","slug":"%e6%b7%b1%e5%ba%a6%e8%a7%a3%e6%9e%90katana%ef%bc%9a%e5%bd%93%e4%bd%a0%e4%bb%8e%e4%bb%a5%e5%a4%aa%e5%9d%8a%e8%b7%a8%e9%93%be%e5%88%b0layer-2%e6%97%b6%ef%bc%8c%e4%bd%a0%e7%9a%84%e8%b5%84%e9%87%91","status":"publish","type":"post","link":"https:\/\/www.zaixinjiang.com\/?p=3118","title":{"rendered":"\u6df1\u5ea6\u89e3\u6790Katana\uff1a\u5f53\u4f60\u4ece\u4ee5\u592a\u574a\u8de8\u94fe\u5230Layer 2\u65f6\uff0c\u4f60\u7684\u8d44\u91d1\u7ecf\u5386\u4e86\u4ec0\u4e48\uff1f &#8211;"},"content":{"rendered":"<p>\u672c\u62a5\u544a\u7531Tiger Research \u64b0\u5199\u3002\u5982\u679c\u6865\u63a5\u8d44\u4ea7\u53ef\u4ee5\u88ab\u5229\u7528\u8d77\u6765\u4f1a\u600e\u6837\uff1f\u6211\u4eec\u6df1\u5ea6\u5206\u6790\u4e86 Katana\uff0c\u4e00\u6761\u6c38\u4e0d\u4f11\u7720\u7684\u533a\u5757\u94fe\u3002\u5b83\u901a\u8fc7\u5c06100%\u7684\u94fe\u4e0a\u3001\u94fe\u4e0b\u6536\u76ca\u548c\u4ea4\u6613\u624b\u7eed\u8d39\u91cd\u65b0\u6295\u8d44\u5230DeFi\u4e2d\u3002<\/p>\n<h3>\u6838\u5fc3\u8981\u70b9<\/h3>\n<ul>\n<li>\u5927\u591a\u6570Layer 2\u5c06\u6865\u63a5\u8d44\u4ea7\u9501\u5b9a\u800c\u4e0d\u4f7f\u7528\u5b83\u4eec\u3002Katana\u5c06\u8fd9\u4e9b\u8d44\u4ea7\u90e8\u7f72\u5230\u4ee5\u592a\u574a\u501f\u8d37\u534f\u8bae\u4e2d\u4ee5\u4ea7\u751f\u6536\u76ca\uff0c\u7136\u540e\u5c06\u6536\u76ca\u91cd\u65b0\u5206\u914d\u4f5c\u4e3aDeFi\u534f\u8bae\u6fc0\u52b1\u3002<\/li>\n<li>\u5c06\u8d44\u4ea7\u5b58\u653e\u5728\u50a8\u5b58\u4e2d\u4e0d\u4f1a\u4ea7\u751f\u4efb\u4f55\u56de\u62a5\u3002\u7528\u6237\u5fc5\u987b\u5c06\u8d44\u672c\u90e8\u7f72\u5230Katana\u7684DeFi\u534f\u8bae\u4e2d\u624d\u80fd\u83b7\u5f97\u989d\u5916\u5956\u52b1\u3002<\/li>\n<li>\u622a\u81f32025\u5e74\u7b2c\u4e09\u5b63\u5ea6\uff0cKatana\u8d85\u8fc795%\u7684TVL\u88ab\u79ef\u6781\u90e8\u7f72\u5728DeFi\u534f\u8bae\u4e2d\u3002\u8fd9\u4e0e\u5927\u591a\u6570\u94fe\u5f62\u6210\u5bf9\u6bd4\uff0c\u540e\u8005\u7684\u5229\u7528\u7387\u572850%\u523070%\u4e4b\u95f4\u3002<\/li>\n<li>Katana\u5c06100%\u7684\u51c0\u6392\u5e8f\u5668\u8d39\u7528\u6536\u5165\u91cd\u65b0\u6295\u8d44\u4e8e\u6d41\u52a8\u6027\u63d0\u4f9b\uff0c\u5373\u4f7f\u5728\u5e02\u573a\u6ce2\u52a8\u671f\u95f4\u4e5f\u80fd\u4fdd\u6301\u7a33\u5b9a\u7684\u4ea4\u6613\u6761\u4ef6\u3002<\/li>\n<\/ul>\n<h3>1. \u4e3a\u4ec0\u4e48\u8d44\u672c\u5904\u4e8e\u95f2\u7f6e\u72b6\u6001<\/h3>\n<p>\u5f53\u4f60\u4ece\u4ee5\u592a\u574a\u8de8\u94fe\u5230Layer 2\u65f6\uff0c\u4f60\u7684\u8d44\u91d1\u7ecf\u5386\u4e86\u4ec0\u4e48\uff1f<\/p>\n<p><img decoding=\"async\" style=\"margin-left: auto;margin-right: auto\" src=\"https:\/\/static.aicoin.com\/attachment\/article\/20260123\/176916425933587.jpg\" title=\"\u6df1\u5ea6\u89e3\u6790Katana\uff1a\u5f53\u4f60\u4ece\u4ee5\u592a\u574a\u8de8\u94fe\u5230Layer 2\u65f6\uff0c\u4f60\u7684\u8d44\u91d1\u7ecf\u5386\u4e86\u4ec0\u4e48\uff1f &#8211;\u63d2\u56fe\" alt=\"\u6df1\u5ea6\u89e3\u6790Katana\uff1a\u5f53\u4f60\u4ece\u4ee5\u592a\u574a\u8de8\u94fe\u5230Layer 2\u65f6\uff0c\u4f60\u7684\u8d44\u91d1\u7ecf\u5386\u4e86\u4ec0\u4e48\uff1f &#8211;\u63d2\u56fe\" \/><\/p>\n<p>\u6765\u6e90\uff1aTiger Research<\/p>\n<p>\u5927\u591a\u6570\u4eba\u8ba4\u4e3a\u4ed6\u4eec\u7684\u8d44\u4ea7\u53ea\u662f\u88ab\u8f6c\u79fb\u4e86\u3002\u5b9e\u9645\u4e0a\uff0c\u8fd9\u4e2a\u8fc7\u7a0b\u66f4\u63a5\u8fd1\u4e8e\u51bb\u7ed3\u3002\u5f53\u4f60\u5c06\u8d44\u4ea7\u5b58\u5165\u6865\u63a5\u5408\u7ea6\u65f6\uff0c\u5408\u7ea6\u5c06\u5b83\u4eec\u6258\u7ba1\u8d77\u6765\u3002Layer 2\u94f8\u9020\u7b49\u91cf\u7684\u4ee3\u5e01\u3002\u4f60\u53ef\u4ee5\u5728Layer 2\u4e0a\u81ea\u7531\u4ea4\u6613\uff0c\u4f46\u4f60\u5728\u4e3b\u7f51\u4e0a\u7684\u539f\u59cb\u8d44\u4ea7\u4ecd\u7136\u88ab\u9501\u5b9a\u4e14\u5904\u4e8e\u95f2\u7f6e\u72b6\u6001\u3002<\/p>\n<p><img decoding=\"async\" style=\"margin-left: auto;margin-right: auto\" src=\"https:\/\/static.aicoin.com\/attachment\/article\/20260123\/176916425955827.jpg\" title=\"\u6df1\u5ea6\u89e3\u6790Katana\uff1a\u5f53\u4f60\u4ece\u4ee5\u592a\u574a\u8de8\u94fe\u5230Layer 2\u65f6\uff0c\u4f60\u7684\u8d44\u91d1\u7ecf\u5386\u4e86\u4ec0\u4e48\uff1f &#8211;\u63d2\u56fe1\" alt=\"\u6df1\u5ea6\u89e3\u6790Katana\uff1a\u5f53\u4f60\u4ece\u4ee5\u592a\u574a\u8de8\u94fe\u5230Layer 2\u65f6\uff0c\u4f60\u7684\u8d44\u91d1\u7ecf\u5386\u4e86\u4ec0\u4e48\uff1f &#8211;\u63d2\u56fe1\" \/><\/p>\n<p>\u6765\u6e90\uff1aTiger Research<\/p>\n<p>\u8003\u8651\u4e00\u4e2a\u7b80\u5355\u7684\u7c7b\u6bd4\u3002\u4f60\u5728\u50a8\u7269\u8bbe\u65bd\u5b58\u653e\u7269\u54c1\u5e76\u83b7\u5f97\u4e00\u5f20\u63d0\u53d6\u51ed\u8bc1\u3002\u8fd9\u5f20\u51ed\u8bc1\u53ef\u4ee5\u8f6c\u8ba9\u7ed9\u5176\u4ed6\u4eba\u3002\u4f46\u7269\u54c1\u672c\u8eab\u4f1a\u4e00\u76f4\u7559\u5728\u50a8\u7269\u5904\uff0c\u76f4\u5230\u4f60\u53d6\u56de\u5b83\u4eec\u3002<\/p>\n<p>\u8fd9\u63cf\u8ff0\u4e86\u5927\u591a\u6570Layer 2\u6865\u63a5\u7684\u5de5\u4f5c\u65b9\u5f0f\u3002\u6258\u7ba1\u5728\u4ee5\u592a\u574a\u6258\u7ba1\u5408\u7ea6\u4e2d\u7684\u8d44\u4ea7\u4e0d\u4ea7\u751f\u4efb\u4f55\u6536\u76ca\u3002\u5b83\u4eec\u88ab\u52a8\u5730\u7b49\u5f85\uff0c\u76f4\u5230\u7528\u6237\u5c06\u5b83\u4eec\u63d0\u53d6\u56de\u4e3b\u7f51\u3002<\/p>\n<p>\u5982\u679c\u4e3b\u7f51\u4e0a\u7684\u6865\u63a5\u5b58\u6b3e\u53ef\u4ee5\u8d5a\u53d6DeFi\u6536\u76ca\uff0c\u540c\u65f6\u4f60\u4ecd\u7136\u53ef\u4ee5\u5728Layer 2\u4e0a\u83b7\u5f97\u5feb\u901f\u3001\u4f4e\u6210\u672c\u7684\u4ea4\u6613\uff0c\u4f1a\u600e\u4e48\u6837\uff1f<\/p>\n<p><strong>Katana<\/strong>\u76f4\u63a5\u56de\u7b54\u4e86\u8fd9\u4e2a\u95ee\u9898\u3002\u8fdb\u5165\u6865\u63a5\u7684\u8d44\u672c\u4e0d\u4f1a\u95f2\u7f6e\u3002\u5b83\u4f1a\u88ab\u5229\u7528\u8d77\u6765\u3002<\/p>\n<h3>2. Katana\u5982\u4f55\u8ba9\u8d44\u672c\u8fd0\u8f6c\u8d77\u6765<\/h3>\n<p>Katana\u901a\u8fc7\u4e09\u79cd\u673a\u5236\u6fc0\u6d3b\u8d44\u672c\uff1a<\/p>\n<ol>\n<li>\u8de8\u94fe\u8d44\u4ea7\u88ab\u90e8\u7f72\u5230\u4ee5\u592a\u574a\u501f\u8d37\u5e02\u573a\u4ea7\u751f\u6536\u76ca\u3002<\/li>\n<li>\u4ea4\u6613\u624b\u7eed\u8d39\u6536\u5165\u88ab\u91cd\u65b0\u6295\u8d44\u5230\u6d41\u52a8\u6027\u6c60\u3002<\/li>\n<li>\u539f\u751f\u7a33\u5b9a\u5e01AUSD\u83b7\u53d6\u7f8e\u56fd\u56fd\u503a\u6536\u76ca\u3002<\/li>\n<\/ol>\n<p>\u5916\u90e8\u8d44\u672c\u5728\u8fd0\u8f6c\uff0c\u94fe\u4e0a\u4ea7\u751f\u7684\u8d44\u672c\u4e5f\u5728\u8fd0\u8f6c\u3002\u8fd9\u4e09\u79cd\u673a\u5236\u5171\u540c\u6d88\u9664\u4e86Katana\u4e0a\u7684\u95f2\u7f6e\u8d44\u4ea7\u3002<\/p>\n<h4>2.1. Vault Bridge\uff08\u91d1\u5e93\u6865\uff09<\/h4>\n<p>\u7b2c\u4e00\u79cd\u673a\u5236\u662f<strong>Vault Bridge<\/strong>\u3002\u5f53\u7528\u6237\u5c06\u8d44\u4ea7\u53d1\u9001\u5230Katana\u65f6\uff0c\u7559\u5728\u4ee5\u592a\u574a\u4e3b\u7f51\u4e0a\u7684\u539f\u59cb\u8d44\u4ea7\u4f1a\u88ab\u90e8\u7f72\u5230\u501f\u8d37\u5e02\u573a\u4ea7\u751f\u5229\u606f\u3002<\/p>\n<p><img decoding=\"async\" style=\"margin-left: auto;margin-right: auto\" src=\"https:\/\/static.aicoin.com\/attachment\/article\/20260123\/176916425980968.jpg\" title=\"\u6df1\u5ea6\u89e3\u6790Katana\uff1a\u5f53\u4f60\u4ece\u4ee5\u592a\u574a\u8de8\u94fe\u5230Layer 2\u65f6\uff0c\u4f60\u7684\u8d44\u91d1\u7ecf\u5386\u4e86\u4ec0\u4e48\uff1f &#8211;\u63d2\u56fe2\" alt=\"\u6df1\u5ea6\u89e3\u6790Katana\uff1a\u5f53\u4f60\u4ece\u4ee5\u592a\u574a\u8de8\u94fe\u5230Layer 2\u65f6\uff0c\u4f60\u7684\u8d44\u91d1\u7ecf\u5386\u4e86\u4ec0\u4e48\uff1f &#8211;\u63d2\u56fe2\" \/><\/p>\n<p>\u6765\u6e90\uff1aAgglayer, Tiger Research<\/p>\n<p>\u5f53\u4f60\u4ece\u4ee5\u592a\u574a\u8de8\u94feUSDC\u5230Katana\u65f6\uff0c\u8fd9\u4e9b\u8d44\u4ea7\u5e76\u975e\u7b80\u5355\u5730\u88ab\u9501\u5b9a\u3002\u5728\u4ee5\u592a\u574a\u4e3b\u7f51\u4e0a\uff0c\u5b83\u4eec\u4f1a\u88ab\u90e8\u7f72\u5230Morpho\uff08\u4e00\u4e2a\u4e3b\u6d41\u501f\u8d37\u534f\u8bae\uff09\u7684\u7cbe\u9009\u91d1\u5e93\u7b56\u7565\u4e2d\u3002\u4ea7\u751f\u7684\u6536\u76ca\u4e0d\u4f1a\u76f4\u63a5\u5206\u7ed9\u4e2a\u4eba\u7528\u6237\uff0c\u800c\u662f\u5728\u7f51\u7edc\u5c42\u9762\u7edf\u4e00\u6536\u96c6\uff0c\u7136\u540e\u4f5c\u4e3a\u5956\u52b1\u91cd\u65b0\u5206\u914d\u7ed9Katana\u4e0a\u7684\u6838\u5fc3DeFi\u5e02\u573a\u3002<\/p>\n<p>\u5728Katana\u4e0a\uff0c\u7528\u6237\u4f1a\u6536\u5230\u5bf9\u5e94\u7684vbToken\uff0c\u6bd4\u5982vbUSDC\u3002\u8fd9\u4e2a\u4ee3\u5e01\u53ef\u4ee5\u5728Katana\u7684DeFi\u751f\u6001\u4e2d\u81ea\u7531\u4f7f\u7528\u3002<\/p>\n<p>\u8fd9\u91cc\u9700\u8981\u6f84\u6e05\u4e00\u4e2a\u5e38\u89c1\u8bef\u89e3\u3002vbToken\u4e0d\u80fd\u548cLido\u7684stETH\u7b49\u8d28\u62bc\u884d\u751f\u54c1\u76f8\u63d0\u5e76\u8bba\u3002stETH\u4f1a\u968f\u7740\u8d28\u62bc\u5956\u52b1\u7684\u7d2f\u79ef\u800c\u81ea\u52a8\u589e\u503c\u3002<\/p>\n<p><img decoding=\"async\" style=\"margin-left: auto;margin-right: auto\" src=\"https:\/\/static.aicoin.com\/attachment\/article\/20260123\/176916426000875.jpg\" title=\"\u6df1\u5ea6\u89e3\u6790Katana\uff1a\u5f53\u4f60\u4ece\u4ee5\u592a\u574a\u8de8\u94fe\u5230Layer 2\u65f6\uff0c\u4f60\u7684\u8d44\u91d1\u7ecf\u5386\u4e86\u4ec0\u4e48\uff1f &#8211;\u63d2\u56fe3\" alt=\"\u6df1\u5ea6\u89e3\u6790Katana\uff1a\u5f53\u4f60\u4ece\u4ee5\u592a\u574a\u8de8\u94fe\u5230Layer 2\u65f6\uff0c\u4f60\u7684\u8d44\u91d1\u7ecf\u5386\u4e86\u4ec0\u4e48\uff1f &#8211;\u63d2\u56fe3\" \/><\/p>\n<p>\u6765\u6e90\uff1aCoingecko<\/p>\n<p>vbToken\u7684\u673a\u5236\u5b8c\u5168\u4e0d\u540c\u3002\u5728\u94b1\u5305\u4e2d\u6301\u6709vbUSDC\uff0c\u6570\u91cf\u548c\u4ef7\u683c\u90fd\u4e0d\u4f1a\u589e\u52a0\u3002Vault Bridge\u5728\u4ee5\u592a\u574a\u4e0a\u4ea7\u751f\u7684\u6536\u76ca\u4e0d\u4f1a\u6d41\u5411vbToken\u6301\u6709\u8005\u4e2a\u4eba\uff0c\u800c\u662f\u6d41\u5411Katana\u7684DeFi\u8d44\u91d1\u6c60\u3002\u8fd9\u4e9b\u6536\u5165\u4f1a\u5b9a\u671f\u5206\u914d\u7ed9\u7f51\u7edc\uff0c\u7528\u4e8e\u5f3a\u5316Sushi\u6d41\u52a8\u6027\u6c60\u548cMorpho\u501f\u8d37\u5e02\u573a\u7684\u6fc0\u52b1\u673a\u5236\u3002<\/p>\n<p>\u7528\u6237\u53ea\u6709\u4e3b\u52a8\u90e8\u7f72vbToken\u624d\u80fd\u83b7\u76ca\u3002\u5c06vbToken\u6295\u5165Sushi\u6d41\u52a8\u6027\u6c60\uff0c\u6216\u8005\u6295\u5165Yearn\u7b49\u5e73\u53f0\u63d0\u4f9b\u7684\u501f\u8d37\u7b56\u7565\uff0c\u7528\u6237\u624d\u80fd\u8d5a\u53d6\u57fa\u7840\u6536\u76ca\u52a0\u4e0a\u6765\u81eaVault Bridge\u7684\u989d\u5916\u5956\u52b1\u3002\u5355\u7eaf\u6301\u6709vbToken\u4e0d\u4f1a\u5e26\u6765\u4efb\u4f55\u56de\u62a5\u3002<\/p>\n<p>Katana\u5956\u52b1\u7684\u662f\u8d44\u4ea7\u7684\u79ef\u6781\u4f7f\u7528\uff0c\u800c\u975e\u88ab\u52a8\u6301\u6709\u3002\u6d41\u52a8\u8d77\u6765\u7684\u8d44\u672c\u4f1a\u83b7\u5f97\u5956\u52b1\uff0c\u95f2\u7f6e\u7684\u8d44\u672c\u5219\u4e0d\u4f1a\u3002<\/p>\n<h4>2.2. \u94fe\u81ea\u6709\u6d41\u52a8\u6027\uff08CoL\uff09<\/h4>\n<p>\u7b2c\u4e8c\u79cd\u673a\u5236\u662f\u94fe\u81ea\u6709\u6d41\u52a8\u6027\uff08CoL\uff09\u3002Katana\u4f1a\u6536\u53d6100%\u7684\u51c0\u6392\u5e8f\u5668\u8d39\u7528\u6536\u5165\uff08\u5373\u4ea4\u6613\u5904\u7406\u8d39\u51cf\u53bb\u4ee5\u592a\u574a\u7ed3\u7b97\u6210\u672c\uff09\u3002<\/p>\n<p>\u57fa\u91d1\u4f1a\u5229\u7528\u8fd9\u4e9b\u6536\u5165\u76f4\u63a5\u6210\u4e3a\u6d41\u52a8\u6027\u63d0\u4f9b\u8005\uff0c\u5411Sushi\u4ea4\u6613\u6c60\u548cMorpho\u501f\u8d37\u5e02\u573a\u63d0\u4f9b\u8d44\u4ea7\u3002\u8fd9\u4e9b\u6d41\u52a8\u6027\u7531\u94fe\u672c\u8eab\u62e5\u6709\u548c\u7ba1\u7406\u3002<\/p>\n<p>\u8fd9\u521b\u9020\u4e86\u4e00\u4e2a\u81ea\u6211\u5f3a\u5316\u7684\u5faa\u73af\u3002\u968f\u7740\u7528\u6237\u5728Katana\u4e0a\u4ea4\u6613\uff0c\u6392\u5e8f\u5668\u8d39\u7528\u4e0d\u65ad\u7d2f\u79ef\u3002\u8fd9\u4e9b\u8d39\u7528\u88ab\u8f6c\u5316\u4e3a\u94fe\u81ea\u6709\u6d41\u52a8\u6027\uff0c\u8fdb\u4e00\u6b65\u6df1\u5316\u8d44\u91d1\u6c60\u3002\u6ed1\u70b9\u964d\u4f4e\uff0c\u501f\u8d37\u5229\u7387\u7a33\u5b9a\uff0c\u7528\u6237\u4f53\u9a8c\u63d0\u5347\u3002\u66f4\u597d\u7684\u4f53\u9a8c\u5438\u5f15\u66f4\u591a\u7528\u6237\uff0c\u4ea7\u751f\u66f4\u591a\u8d39\u7528\u3002\u5faa\u73af\u5f80\u590d\u3002<\/p>\n<p>\u4ece\u7406\u8bba\u4e0a\u8bb2\uff0c\u8fd9\u79cd\u7ed3\u6784\u5728\u5e02\u573a\u4e0b\u884c\u65f6\u5c24\u5176\u6709\u6548\u3002\u5916\u90e8\u6d41\u52a8\u6027\u5177\u6709\u9ad8\u5ea6\u6d41\u52a8\u6027\uff0c\u5728\u5e02\u573a\u538b\u529b\u4e0b\u5f80\u5f80\u8fc5\u901f\u64a4\u79bb\u3002\u76f8\u6bd4\u4e4b\u4e0b\uff0c\u94fe\u81ea\u6709\u6d41\u52a8\u6027\u88ab\u8bbe\u8ba1\u4e3a\u59cb\u7ec8\u4fdd\u6301\u5728\u4f4d\uff0c\u4f7f\u8d44\u91d1\u6c60\u80fd\u591f\u6301\u7eed\u8fd0\u4f5c\uff0c\u66f4\u6709\u6548\u5730\u5438\u6536\u5e02\u573a\u51b2\u51fb\u3002<\/p>\n<p>\u5b9e\u9645\u4e0a\uff0c\u8fd9\u8ba9Katana\u4e0e\u5927\u591a\u6570\u4f9d\u9760\u4ee3\u5e01\u589e\u53d1\u6765\u6fc0\u52b1\u5916\u90e8\u8d44\u672c\u7684DeFi\u7cfb\u7edf\u5f62\u6210\u4e86\u9c9c\u660e\u5bf9\u6bd4\u3002\u901a\u8fc7\u76f4\u63a5\u7ef4\u62a4\u81ea\u5df1\u62e5\u6709\u7684\u6d41\u52a8\u6027\uff0c\u8be5\u7f51\u7edc\u81f4\u529b\u4e8e\u5b9e\u73b0\u66f4\u7a33\u5b9a\u3001\u66f4\u53ef\u6301\u7eed\u7684\u8fd0\u8425\u3002<\/p>\n<h4>2.3. AUSD\u56fd\u503a\u6536\u76ca<\/h4>\n<p>\u7b2c\u4e09\u79cd\u673a\u5236\u662fAUSD\uff0cKatana\u7684\u539f\u751f\u7a33\u5b9a\u5e01\u3002AUSD\u7531\u7f8e\u56fd\u56fd\u503a\u80cc\u4e66\uff0c\u8fd9\u4e9b\u56fd\u503a\u6301\u4ed3\u4ea7\u751f\u7684\u94fe\u4e0b\u6536\u76ca\u4f1a\u6d41\u5165Katana\u751f\u6001\u3002<\/p>\n<p><img decoding=\"async\" style=\"margin-left: auto;margin-right: auto\" src=\"https:\/\/static.aicoin.com\/attachment\/article\/20260123\/176916426019138.jpg\" title=\"\u6df1\u5ea6\u89e3\u6790Katana\uff1a\u5f53\u4f60\u4ece\u4ee5\u592a\u574a\u8de8\u94fe\u5230Layer 2\u65f6\uff0c\u4f60\u7684\u8d44\u91d1\u7ecf\u5386\u4e86\u4ec0\u4e48\uff1f &#8211;\u63d2\u56fe4\" alt=\"\u6df1\u5ea6\u89e3\u6790Katana\uff1a\u5f53\u4f60\u4ece\u4ee5\u592a\u574a\u8de8\u94fe\u5230Layer 2\u65f6\uff0c\u4f60\u7684\u8d44\u91d1\u7ecf\u5386\u4e86\u4ec0\u4e48\uff1f &#8211;\u63d2\u56fe4\" \/><\/p>\n<p><strong>\u6765\u6e90\uff1aAgora<\/strong><\/p>\n<p>AUSD\u7531Agora\u53d1\u884c\u3002\u652f\u6491AUSD\u7684\u62b5\u62bc\u54c1\u6295\u8d44\u4e8e\u5b9e\u7269\u7f8e\u56fd\u56fd\u503a\u3002\u4ece\u8fd9\u4e9b\u56fd\u503a\u4e2d\u83b7\u5f97\u7684\u5229\u606f\u5728\u94fe\u4e0b\u7d2f\u79ef\uff0c\u7136\u540e\u5b9a\u671f\u8f93\u9001\u5230Katana\u7f51\u7edc\uff0c\u7528\u4e8e\u5f3a\u5316\u4ee5AUSD\u8ba1\u4ef7\u7684\u8d44\u91d1\u6c60\u7684\u6fc0\u52b1\u673a\u5236\u3002<\/p>\n<p>\u5982\u679c\u8bf4Vault Bridge\u5e26\u6765\u94fe\u4e0a\u6536\u76ca\uff0c\u90a3\u4e48AUSD\u5e26\u6765\u7684\u5c31\u662f\u94fe\u4e0b\u6536\u76ca\u3002\u8fd9\u4e24\u79cd\u6536\u5165\u6765\u6e90\u6027\u8d28\u8fe5\u5f02\u3002Vault Bridge\u6536\u76ca\u968f\u4ee5\u592a\u574aDeFi\u5e02\u573a\u72b6\u51b5\u6ce2\u52a8\uff0c\u800cAUSD\u6536\u76ca\u4e0e\u7f8e\u56fd\u56fd\u503a\u5229\u7387\u6302\u94a9\uff0c\u76f8\u5bf9\u7a33\u5b9a\u3002<\/p>\n<p>\u8fd9\u8ba9Katana\u7684\u6536\u5165\u7ed3\u6784\u5b9e\u73b0\u4e86\u591a\u5143\u5316\u3002\u5f53\u94fe\u4e0a\u5e02\u573a\u6ce2\u52a8\u65f6\uff0c\u94fe\u4e0b\u6536\u76ca\u63d0\u4f9b\u7f13\u51b2\uff1b\u5f53\u94fe\u4e0a\u6536\u76ca\u504f\u4f4e\u65f6\uff0c\u56fd\u503a\u56de\u62a5\u652f\u6491\u6574\u4f53\u6536\u76ca\u3002\u8fd9\u79cd\u7ed3\u6784\u6a2a\u8de8\u52a0\u5bc6\u5e02\u573a\u548c\u4f20\u7edf\u91d1\u878d\u4e24\u4e2a\u9886\u57df\u3002<\/p>\n<h3>3. \u9501\u5b9a\u8d44\u672c vs \u8ba9\u8d44\u672c\u8fd0\u8f6c<\/h3>\n<p>\u5982\u524d\u6240\u8ff0\uff0c\u5927\u591a\u6570\u73b0\u6709\u8de8\u94fe\u6865\u9009\u62e9\u7b80\u5355\u9501\u5b9a\u8d44\u4ea7\u662f\u6709\u539f\u56e0\u7684&mdash;&mdash;\u5b89\u5168\u6027\u3002\u5f53\u8d44\u4ea7\u4e0d\u79fb\u52a8\u65f6\uff0c\u7cfb\u7edf\u8bbe\u8ba1\u4fdd\u6301\u7b80\u5355\uff0c\u653b\u51fb\u9762\u4e5f\u5f88\u6709\u9650\u3002\u5927\u591a\u6570Layer 2\u7f51\u7edc\u90fd\u91c7\u7528\u8fd9\u79cd\u65b9\u6cd5\u3002\u867d\u7136\u5b89\u5168\uff0c\u4f46\u8d44\u672c\u5374\u5904\u4e8e\u95f2\u7f6e\u72b6\u6001\u3002<\/p>\n<p>Katana\u91c7\u53d6\u4e86\u76f8\u53cd\u7684\u7acb\u573a\u3002\u6fc0\u6d3b\u95f2\u7f6e\u8d44\u4ea7\u4f1a\u5f15\u5165\u989d\u5916\u98ce\u9669\uff0cKatana\u5bf9\u8fd9\u79cd\u6743\u8861\u975e\u5e38\u5766\u8bda\u3002\u8be5\u7f51\u7edc\u4e0d\u662f\u56de\u907f\u98ce\u9669\uff0c\u800c\u662f\u4e0eDeFi\u9886\u57df\u6210\u719f\u7684\u98ce\u9669\u7ba1\u7406\u4e13\u5bb6\u5408\u4f5c\uff0c\u5305\u62ecGauntlet\u548cSteakhouse Financial\u7b49\u516c\u53f8\u3002<\/p>\n<p><img decoding=\"async\" style=\"margin-left: auto;margin-right: auto\" src=\"https:\/\/static.aicoin.com\/attachment\/article\/20260123\/176916426037805.jpg\" title=\"\u6df1\u5ea6\u89e3\u6790Katana\uff1a\u5f53\u4f60\u4ece\u4ee5\u592a\u574a\u8de8\u94fe\u5230Layer 2\u65f6\uff0c\u4f60\u7684\u8d44\u91d1\u7ecf\u5386\u4e86\u4ec0\u4e48\uff1f &#8211;\u63d2\u56fe5\" alt=\"\u6df1\u5ea6\u89e3\u6790Katana\uff1a\u5f53\u4f60\u4ece\u4ee5\u592a\u574a\u8de8\u94fe\u5230Layer 2\u65f6\uff0c\u4f60\u7684\u8d44\u91d1\u7ecf\u5386\u4e86\u4ec0\u4e48\uff1f &#8211;\u63d2\u56fe5\" \/><\/p>\n<p>\u6765\u6e90\uff1aDefiLlama<\/p>\n<p>Gauntlet\u548cSteakhouse Financial\u662fDeFi\u9886\u57df\u8d44\u6df1\u7684\u98ce\u9669\u7ba1\u7406\u673a\u6784\uff0c\u5728\u4e3a\u4e3b\u6d41\u501f\u8d37\u534f\u8bae\u8bbe\u7f6e\u53c2\u6570\u3001\u4e3a\u5934\u90e8DeFi\u9879\u76ee\u63d0\u4f9b\u54a8\u8be2\u65b9\u9762\u7ecf\u9a8c\u4e30\u5bcc\u3002\u5b83\u4eec\u7684\u89d2\u8272\u7c7b\u4f3c\u4e8e\u4f20\u7edf\u91d1\u878d\u4e2d\u7684\u4e13\u4e1a\u8d44\u4ea7\u7ba1\u7406\u516c\u53f8\uff0c\u8d1f\u8d23\u8bc4\u4f30\u5e94\u5c06\u8d44\u672c\u5206\u914d\u5230\u54ea\u4e9b\u534f\u8bae\u3001\u786e\u5b9a\u5408\u7406\u7684\u4ed3\u4f4d\u89c4\u6a21\u3001\u5e76\u6301\u7eed\u76d1\u63a7\u98ce\u9669\u655e\u53e3\u3002<\/p>\n<p><img decoding=\"async\" style=\"margin-left: auto;margin-right: auto\" src=\"https:\/\/static.aicoin.com\/attachment\/article\/20260123\/176916426057101.jpg\" title=\"\u6df1\u5ea6\u89e3\u6790Katana\uff1a\u5f53\u4f60\u4ece\u4ee5\u592a\u574a\u8de8\u94fe\u5230Layer 2\u65f6\uff0c\u4f60\u7684\u8d44\u91d1\u7ecf\u5386\u4e86\u4ec0\u4e48\uff1f &#8211;\u63d2\u56fe6\" alt=\"\u6df1\u5ea6\u89e3\u6790Katana\uff1a\u5f53\u4f60\u4ece\u4ee5\u592a\u574a\u8de8\u94fe\u5230Layer 2\u65f6\uff0c\u4f60\u7684\u8d44\u91d1\u7ecf\u5386\u4e86\u4ec0\u4e48\uff1f &#8211;\u63d2\u56fe6\" \/><\/p>\n<p>\u6765\u6e90\uff1aMorpho<\/p>\n<p>\u6ca1\u6709\u4efb\u4f55\u91d1\u878d\u7cfb\u7edf\u80fd\u63d0\u4f9b100%\u7684\u5b89\u5168\u4fdd\u969c\uff0c\u56e0\u6b64\u5bf9\u6b8b\u4f59\u98ce\u9669\u7684\u62c5\u5fe7\u662f\u5408\u7406\u7684\u3002<\/p>\n<p>\u4e0d\u8fc7\uff0cKatana\u4e0e\u9876\u7ea7\u98ce\u9669\u7ba1\u7406\u673a\u6784\u5408\u4f5c\uff0c\u5e76\u7ef4\u6301\u4fdd\u5b88\u7684\u91d1\u5e93\u67b6\u6784\u3002\u4e00\u4e2a\u5185\u90e8\u98ce\u9669\u59d4\u5458\u4f1a\u8d1f\u8d23\u76d1\u7763\u8fd0\u8425\u3002\u989d\u5916\u7684\u5b89\u5168\u63aa\u65bd\u5305\u62ecCork Protocol\u63d0\u4f9b\u7684\u6d41\u52a8\u6027\u7f13\u51b2\u7b49\u591a\u91cd\u4fdd\u62a4\u673a\u5236\u3002<\/p>\n<h3>4. Katana\u6253\u9020\u7684DeFi\u7406\u60f3\u56fd<\/h3>\n<p>\u5f53\u524d\u7684DeFi\u5e02\u573a\u9762\u4e34\u6d41\u52a8\u6027\u788e\u7247\u5316\u95ee\u9898\u3002\u4ea4\u6613\u76f8\u540c\u8d44\u4ea7\u7684\u8d44\u91d1\u6c60\u5206\u6563\u5728\u4e0d\u540c\u7684\u94fe\u548c\u534f\u8bae\u4e0a\uff0c\u8fd9\u964d\u4f4e\u4e86\u6267\u884c\u6548\u7387\uff0c\u589e\u52a0\u4e86\u6ed1\u70b9\uff0c\u964d\u4f4e\u4e86\u8d44\u672c\u5229\u7528\u7387\u3002\u90e8\u5206\u7528\u6237\u901a\u8fc7\u5957\u5229\u4ece\u8fd9\u4e9b\u4f4e\u6548\u4e2d\u83b7\u5229\uff0c\u4f46\u5927\u591a\u6570\u7528\u6237\u53ea\u80fd\u627f\u53d7\u66f4\u9ad8\u7684\u6210\u672c\u3002<\/p>\n<p>Katana\u4ece\u7cfb\u7edf\u5c42\u9762\u89e3\u51b3\u4e86\u8fd9\u4e2a\u95ee\u9898\u3002<\/p>\n<p>Vault Bridge\u548c\u94fe\u81ea\u6709\u6d41\u52a8\u6027\u5c06\u6d41\u52a8\u6027\u96c6\u4e2d\u5230\u6838\u5fc3\u534f\u8bae\u4e2d\u3002\u7531\u6b64\u5e26\u6765\u7684\u7ed3\u679c\u662f\uff1a\u4ea4\u6613\u6267\u884c\u6548\u7387\u63d0\u5347\uff0c\u6ed1\u70b9\u964d\u4f4e\uff0c\u501f\u8d37\u5229\u7387\u8d8b\u4e8e\u7a33\u5b9a\u3002\u6700\u91cd\u8981\u7684\u662f\uff0c\u6765\u81ea\u4ee5\u592a\u574a\u4e3b\u7f51\u95f2\u7f6e\u8d44\u4ea7\u7684\u6536\u76ca\u88ab\u53e0\u52a0\u5230\u57fa\u7840\u6536\u76ca\u4e0a\uff0c\u63d0\u9ad8\u4e86\u6574\u4f53\u6536\u76ca\u7387\u3002<\/p>\n<p><img decoding=\"async\" style=\"margin-left: auto;margin-right: auto\" src=\"https:\/\/static.aicoin.com\/attachment\/article\/20260123\/176916426083701.jpg\" title=\"\u6df1\u5ea6\u89e3\u6790Katana\uff1a\u5f53\u4f60\u4ece\u4ee5\u592a\u574a\u8de8\u94fe\u5230Layer 2\u65f6\uff0c\u4f60\u7684\u8d44\u91d1\u7ecf\u5386\u4e86\u4ec0\u4e48\uff1f &#8211;\u63d2\u56fe7\" alt=\"\u6df1\u5ea6\u89e3\u6790Katana\uff1a\u5f53\u4f60\u4ece\u4ee5\u592a\u574a\u8de8\u94fe\u5230Layer 2\u65f6\uff0c\u4f60\u7684\u8d44\u91d1\u7ecf\u5386\u4e86\u4ec0\u4e48\uff1f &#8211;\u63d2\u56fe7\" \/><\/p>\n<p>\u6765\u6e90\uff1aMorpho<\/p>\n<p>Katana\u7684\u6fc0\u52b1\u7ed3\u6784\u8fd8\u80fd\u5728\u7279\u5b9a\u65f6\u70b9\u663e\u8457\u964d\u4f4e\u5b9e\u9645\u501f\u8d37\u6210\u672c\uff0c\u751a\u81f3\u6839\u636e\u5e02\u573a\u72b6\u51b5\u548c\u5956\u52b1\u65b9\u6848\u521b\u9020\u8d1f\u5229\u7387\u3002\u8fd9\u662f\u56e0\u4e3aVault 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