ืงืจืื• ื‘ืืคืœื™ืงืฆื™ื”
ืžื•ืคืขืœ ืข"ื™
Defi

ืžืกื—ืจ ื‘-Onchain Perp DEX ืžื•ืืฅ ืขื ื›ืžืขื˜ $1T ื‘ื ืคื— ืœ-30 ื™ืžื™ื

ื‘ื•ืจืกื•ืช ืคืจืคื˜ื•ืืœื™ื•ืช ืžื‘ื•ื–ืจื•ืช ืžืฆื˜ื‘ืจื•ืช ื‘ืฉืงื˜ ื‘ื ืคื—ื™ื ื—ื•ื“ืฉื™ื™ื ืฉืœ ืชืฉืข ืกืคืจื•ืช ื‘ื–ืžืŸ ืฉืกื•ื—ืจื™ื ืžืžืฉื™ื›ื™ื ืœื”ืขื‘ื™ืจ ืคืขื™ืœื•ืช ืขืฉื™ืจื” ื‘ืžื™ื ื•ืฃ ืœืฉืจืฉืจืช, ื”ืจื—ืง ืžืžืจื›ื–ื™ื ืžืจื•ื›ื–ื™ื.

ื ื›ืชื‘ ืข"ื™
Jamie RedmanJamie Redman
ืฉืชืฃ
ืžืกื—ืจ ื‘-Onchain Perp DEX ืžื•ืืฅ ืขื ื›ืžืขื˜ $1T ื‘ื ืคื— ืœ-30 ื™ืžื™ื

ืคืœื˜ืคื•ืจืžื•ืช ืคืจืคื˜ื•ืืœื™ื•ืช ืžื‘ื•ื–ืจื•ืช ืจื•ืื•ืช ืฆืžื™ื—ื” ืžืชืžื“ืช ื‘ืคืขื™ืœื•ืช ื”ืžืกื—ืจ

ื‘ื•ืจืกื•ืช ืคืจืคื˜ื•ืืœื™ื•ืช ืžื‘ื•ื–ืจื•ืช, ืœืขื™ืชื™ื ื ืงืจืื•ืช DEXes ืคืจืค, ืžื”ื•ื•ืช ืืžืฆืขื™ ืžืชืคืชื— ื‘ืžื™ืžื•ืŸ ืžื‘ื•ื–ืจ (DeFi) ืฉืžืืคืฉืจ ืœืกื•ื—ืจื™ื ืœืกืคืงื•ืœืฆื™ื•ืช ืขืœ ืžื—ื™ืจื™ ื ื›ืกื™ื ื›ืžื• ื‘ื™ื˜ืงื•ื™ืŸ ื•ืืชโ€™ืจ ืžื‘ืœื™ ืœื”ื—ื–ื™ืง ื‘ื”ื ื‘ืคื•ืขืœ.

ื‘ืžืงื•ื ืžืกื—ืจ ื‘ืžื–ื•ืžืŸ, ืžืฉืชืžืฉื™ื ืคื•ืชื—ื™ื ืคื•ื–ื™ืฆื™ื•ืช ืืจื•ื›ื•ืช ืื• ืงืฆืจื•ืช ืžืžื•ื ืคื•ืช ื‘ืืžืฆืขื•ืช ื—ื•ื–ื™ื ืคืจืคื˜ื•ืืœื™ื โ€” ื ื’ื–ืจื™ื ืœืœื ืชืืจื™ืš ืชืคื•ื’ื” โ€” ื”ืžื‘ื•ืฆืขื™ื ื‘ืžืœื•ืื ื‘ืืžืฆืขื•ืช ื—ื•ื–ื™ื ื—ื›ืžื™ื. ืœืขื•ืžืช ื‘ื•ืจืกื•ืช ืžืจื•ื›ื–ื•ืช, DEXes ืคืจืค ื”ื ืœื ืžืฉื ื™ื™ื.

ืขืœื™ื™ืช ืžืกื—ืจ ื‘-DEX ืคืจืค ืœืจืฉืช ืขื ื›ืžืขื˜ 1T ื‘ื•ืœื™ื•ื ืœ-30 ื™ื•ื
ืžืงื•ืจ: defillama.com ื ืชื•ื ื™ DEX ืคืจืค.ืœื™ืงื•ื•ื™ื“ืฆื™ื•ืช, ื•ื—ื™ืฉื•ื‘ื™ ืจื•ื•ื— ื•ื”ืคืกื“ ืžืชื‘ืฆืขื™ื ื‘ืฉืจืฉืจืช, ืœืœื ืฆื•ืจืš ื‘ืžืชื•ื•ืš ืžื”ื™ืžืŸ ื•ื”ืคื—ืชืช ืกื™ื›ื•ืŸ ืฆื“ ืฉื›ื ื’ื“ ืžืกื•ืจืชื™.

ื”ืžื•ื“ืœ ื”ื–ื” ื”ื•ืคืš ืœื”ื™ื•ืช ื™ื•ืชืจ ื•ื™ื•ืชืจ ืื˜ืจืงื˜ื™ื‘ื™. ืœืคื™ ื”ื ืชื•ื ื™ื ื”ืขื“ื›ื ื™ื™ื ืฉืœ defillama.com, ื”ื ืคื— ื”ื›ื•ืœืœ ืฉืœ ื”ืžืกื—ืจ ื‘ืคืจืค ืžื‘ื•ื–ืจื•ืช ื”ื’ื™ืข ืœ-48.8 ืžื™ืœื™ืืจื“ ื“ื•ืœืจ ื‘ื™ื•ื ื”ืื—ืจื•ืŸ, ื‘ื–ืžืŸ ืฉื”ื ืคื— ืœ-30 ื™ื•ื ืขื•ืžื“ ืขืœ 926.1 ืžื™ืœื™ืืจื“ ื“ื•ืœืจ, ืžื” ืฉืžืฉืงืฃ ืขืœื™ื™ื” ืฉืœ 10.99% ื‘ืื•ืคืŸ ืฉื‘ื•ืขื™ ืžืชื—ื™ืœืช 2026. ื”ืคืชื•ื—ื” ื”ื›ื•ืœืœืช (OI) ืขืœ ืคื ื™ ืคืœื˜ืคื•ืจืžื•ืช ืขื•ืžื“ืช ื›ืจื’ืข ืขืœ 18.6 ืžื™ืœื™ืืจื“ ื“ื•ืœืจ, ืžื” ืฉืžืฆื‘ื™ืข ืขืœ ืžืขื•ืจื‘ื•ืช ืกืคืงื•ืœื˜ื™ื‘ื™ืช ืžืชืžืฉื›ืช ื•ืœื ืจืง ื”ืชืคืจืฆื•ื™ื•ืช ื–ืžื ื™ื•ืช ืฉืœ ืคืขื™ืœื•ืช.

ื”ืกื™ืคื•ืจ ื”ืืžื™ืชื™, ืขื ื–ืืช, ื”ื•ื ืจื™ื›ื•ื–. ืงื‘ื•ืฆื” ืงื˜ื ื” ืฉืœ ืคืœื˜ืคื•ืจืžื•ืช ืื—ืจืื™ืช ืœืจื•ื‘ ื”ืคืขื™ืœื•ืช ื”ื–ื• ืœ-30 ื™ื•ื, ื‘ื”ื•ื‘ืœื” ืฉืœ Hyperliquid. ื”ื‘ืžื” ื”ืคื•ืคื•ืœืจื™ืช ื‘ืฉืจืฉืจืช ืคืจืค ื“ื™ื•ื•ื—ื” ืขืœ ื ืคื— ืฉืœ 183.6 ืžื™ืœื™ืืจื“ ื“ื•ืœืจ ืœ-30 ื™ื•ื, ืžื” ืฉืžืขืคื™ืœ ืขืœ ื›ืœ ืžืชื—ืจื”. ื”ืคืชื•ื—ื” ืฉืœื” ื‘-OI ืฉืœ 7.9 ืžื™ืœื™ืืจื“ ื“ื•ืœืจ ืžื“ื’ื™ืฉื” ืขื“ ื›ืžื” ื”ื™ื ืžืฉื•ืœื‘ืช ืขืžื•ืงื•ืช ื‘ืžืกื—ืจ ืฉืœ ืงืจื™ืคื˜ื• ืžืžื•ื ืฃ.

[caption id="attachment_788698" align="aligncenter" width="2396"]ืขืœื™ื™ืช ืžืกื—ืจ ื‘-DEX ืคืจืค ืœืจืฉืช ืขื ื›ืžืขื˜ 1T ื‘ื•ืœื™ื•ื ืœ-30 ื™ื•ื ืžืงื•ืจ: defillama.com ื ืชื•ื ื™ DEX ืคืจืค. ื ืชื•ื ื™ื ืœืฉืœื•ืฉื™ื ื™ื•ื ื‘ื™ืŸ ื”-1 ืœ-30 ื‘ื™ื ื•ืืจ 2026.

Aster ื ืžืฆืืช ื‘ืžืงื•ื ื”ืฉื ื™, ืขื ื ืคื— ืฉืœ 129.5 ืžื™ืœื™ืืจื“ ื“ื•ืœืจ ืœ-30 ื™ื•ื ื•-2.3 ืžื™ืœื™ืืจื“ ื“ื•ืœืจ ื‘ืคืชื•ื—ื”, ื•ืœืื—ืจื™ื” Lighter ืขื 111.8 ืžื™ืœื™ืืจื“ ื“ื•ืœืจ. EdgeX ืงืจื•ื‘ื” ืžืื—ื•ืจ ืขื 91.9 ืžื™ืœื™ืืจื“ ื“ื•ืœืจ, ื•-TradeXYZ ืžืฉืœื™ื ืืช ื”ื—ืžื™ืฉื” ื”ืจืืฉื•ื ื™ื ืขื 16.5 ืžื™ืœื™ืืจื“ ื“ื•ืœืจ ื‘ืื•ืชื• ืคืจืง ื–ืžืŸ.

ื”ื—ืฆื™ ื”ืชื—ืชื•ืŸ ืฉืœ ื”ืขืฉื™ืจื™ื™ื” ื”ืคื•ืชื—ืช ืขื“ื™ื™ืŸ ืฉื•ืœื˜ ื‘ืงื ื” ืžื™ื“ื” ืจืฆื™ื ื™. Grvt ืจืฉืžื” 48.6 ืžื™ืœื™ืืจื“ ื“ื•ืœืจ ื‘ื ืคื— ืœ-30 ื™ื•ื, Extended ื“ื™ื•ื•ื—ื” ืขืœ 46.4 ืžื™ืœื™ืืจื“ ื“ื•ืœืจ, Paradex ื”ื’ื™ืขื” ืœ-50.3 ืžื™ืœื™ืืจื“ ื“ื•ืœืจ, ApeX Protocol ืจืืชื” 35.4 ืžื™ืœื™ืืจื“ ื“ื•ืœืจ, ื•-Variational ืกื•ื’ืจืช ืืช ื”ืจืฉื™ืžื” ืขื 44.4 ืžื™ืœื™ืืจื“ ื“ื•ืœืจ. ื‘ืกืš ื”ื›ืœ, ืขืฉืจืช ื”ืคืœื˜ืคื•ืจืžื•ืช ื”ืžื•ื‘ื™ืœื•ืช ื‘-DEX ืคืจืค ืžื”ื•ื•ืช ืืช ืจื•ื‘ ื”ืคืขื™ืœื•ืช ื”ืžืกื—ืจื™ืช ื‘ืคืจืค ืžื‘ื•ื–ืจ ื‘ืชื—ื•ื.

ื›ืžื• ื›ืŸ ืงืจืื•: Coinbase ื”ื•ืคื›ืช ืชื—ื–ื™ื•ืช ืœืžืกื—ืจ ืขื ืฉื•ื•ืงื™ ื”ืชื—ื–ื™ื•ืช ื”ื—ื“ืฉื™ื ื‘ืืจื”โ€ื‘

ื”ืžื’ืžื” ื”ืจื—ื‘ื” ื™ื•ืชืจ ื‘ืžื”ืœืš 2025 ื•ืืœ ืชื•ืš 2026 ืžืฉืงืคืช ืฉื™ื ื•ื™ ืžื‘ื ื™. ืœืื—ืจ ืฉื ื™ื ืฉืœ ืงืจื™ืกื•ืช ื‘ื•ืจืกื•ืช, ืœื—ืฅ ืจื’ื•ืœื˜ื•ืจื™ ื•ื“ืคื™ ืžืื–ืŸ ืื˜ื•ืžื™ื, ื ืจืื” ืฉื”ืกื•ื—ืจื™ื ืžืจื’ื™ืฉื™ื ื™ื•ืชืจ ื ื•ื— ืœื‘ืฆืข ืืกื˜ืจื˜ื’ื™ื•ืช ืกื™ื›ื•ืŸ ื’ื‘ื•ื” ื™ืฉื™ืจื•ืช ื‘ืฉืจืฉืจืช. ื›ืžืขื˜ ื˜ืจื™ืœื™ื•ืŸ ื“ื•ืœืจ ื‘ื ืคื— ืœ-30 ื™ื•ื ืžืฆื‘ื™ืขื™ื ืขืœ ื›ืš ืฉื ื’ื–ืจื•ืช ืžื‘ื•ื–ืจื•ืช ืื™ื ืŸ ืขื•ื“ ื ื™ืกื•ื™ โ€” ื”ืŸ ื”ืชืฉืชื™ืช ืฉืœ ื”ื™ื•ื.

ืื ื”ืžื•ืžื ื˜ื•ื ื”ื ื•ื›ื—ื™ ื™ื™ืฉืžืจ, ื™ื™ืชื›ืŸ ืฉ-DEXes ืคืจืคื˜ื•ืืœื™ื•ืช ื™ืชื—ื™ืœื• ืœื”ืชื—ืจื•ืช ื‘ื–ื™ืจื•ืช ื ื’ื–ืจื•ืช ืžืจื•ื›ื–ื•ืช ืžื“ืจื’ ื‘ื™ื ื•ื ื™, ื•ืœื ืขืœ ื™ื“ื™ ื—ื™ืงื•ื™ ืฉืœื”ื, ืืœื ืขืœ ื™ื“ื™ ื”ืฆืขืช ืžื•ื“ืœ ืกื™ื›ื•ืŸ ื•ื—ื–ืงืช ื‘ืขืœื•ืช ืฉื•ื ื” ืžื”ื•ืชื™ืช ืฉืžืชืื™ื ืœื”ื‘ื˜ื—ื” ื”ืžืงื•ืจื™ืช ืฉืœ ื”ืงืจื™ืคื˜ื•.

ืฉืืœื•ืช ื ืคื•ืฆื•ืช โ“

  • ืžื”ื™ DEX ืคืจืค ืžื‘ื•ื–ืจืช?
    ื–ื•ื”ื™ ืคืœื˜ืคื•ืจืžื” ืœื ืžืฉื ื™ืช ืฉืžืืคืฉืจืช ืœืžืฉืชืžืฉื™ื ืœืกื—ื•ืจ ื‘ื—ื•ื–ื™ื ืขืชื™ื“ื™ื™ื ืคืจืคื˜ื•ืืœื™ื™ื ื™ืฉื™ืจื•ืช ืžื”ืืจื ืง ื‘ืืžืฆืขื•ืช ื—ื•ื–ื™ื ื—ื›ืžื™ื.
  • ืœืžื” DEXes ืคืจืคืจืค ืคื•ืคื•ืœืจื™ื•ืช?
    ื”ืŸ ืžืฆื™ืขื•ืช ืžื™ื ื•ืฃ, ืฉื•ืจื˜ ื•ืฉืงื™ืคื•ืช ืœืœื ืฆื•ืจืš ื‘ื—ื–ืงืช ื›ืกืคื™ ื”ืžืฉืชืžืฉ.
  • ืื™ื–ื• ืคืœื˜ืคื•ืจืžื” ืžื•ื‘ื™ืœื” ื‘ื ืคื— ืœ-30 ื™ื•ื?
    Hyperliquid ืžื•ื‘ื™ืœื” ืืช ื›ืœ DEXes ืคืจืค ื”ืžื‘ื•ื–ืจื•ืช ืขื ื™ื•ืชืจ ืž-183 ืžื™ืœื™ืืจื“ ื“ื•ืœืจ ื‘ื ืคื— ืœ-30 ื™ื•ื.
  • ืžื”ื• ื’ื•ื“ืœ ื”ืฉื•ืง ื›ืจื’ืข?
    ืกืš ื›ืœ ื ืคื— ื”ืžืกื—ืจ ื‘ืคืจืค ืžื‘ื•ื–ืจื•ืช ื”ื’ื™ืข ืœื›-926 ืžื™ืœื™ืืจื“ ื“ื•ืœืจ ื‘ืžืฉืš 30 ื”ื™ืžื™ื ื”ืื—ืจื•ื ื™ื.

ืžืืžืจ ื–ื” ืชื•ืจื’ื ืžืื ื’ืœื™ืช ื‘ืืžืฆืขื•ืช ื‘ื™ื ื” ืžืœืื›ื•ืชื™ืช. ื”ื’ืจืกื” ื”ืžืงื•ืจื™ืช ื‘ืื ื’ืœื™ืช ื”ื™ื ื”ืžืงื•ืจ ื”ืงื•ื‘ืข; ืชืจื’ื•ืžื™ื ืื•ื˜ื•ืžื˜ื™ื™ื ืขืฉื•ื™ื™ื ืœื”ื›ื™ืœ ืื™-ื“ื™ื•ืงื™ื, ื‘ืžื™ื•ื—ื“ ื‘ืžื•ื ื—ื™ื ืžืฉืคื˜ื™ื™ื ื•ืจื’ื•ืœื˜ื•ืจื™ื™ื.

ืชื’ื™ื•ืช ื‘ื›ืชื‘ื” ื–ื•
ASTERDecentralized finance (Defi)Perpetuals DEX