Maitiro eMusika eDeFi Tokens: Uniswap, Aave, uye Curve
Mumunda unogara uchichinja we decentralized finance (DeFi), zvikamu zvishoma zvakabata fungidziro yevatengesi nevagadziri sekunge DeFi tokens. Paatinofamba kuburikidza na2025, nemusika wepasirese we cryptocurrency uchiratidza kusimukira kutsva pakati pekujekeswa kwemitemo uye kutambirwa kwevemasangano, ma tokens akadai seUniswap (UNI), Aave (AAVE), uye Curve (CRV) anomira seyakakosha pamusana weiyi ecosystem.
Aya matoken haasi kungozvitsva mapurotocols asiwo anomiririra shanduko kuenda kune yakanyanya kusanganisira, inoshanda, uye decentralized financial system. Chinyorwa ichi chinopinda mukudzika mumaitiro emusika anokomberedza aya matoken, achiongorora kuita kwawo kwechinyakare, maitiro aripo, fungidziro dze ramangwana, uye kuti mapuratifomu akadai seExbix ari kuita sei kuti ave nyore kuwana kune vashandisi vezuva nezuva. Chero nguva uri mutengesi ane ruzivo kana mutsva, kunzwisisa maitiro aya kunogona kukubatsira kuita sarudzo dzakadzama mumusika unotarisirwa kuona kukosha kweDeFi kwakazara (TVL) kuchipfuura $200 bhiriyoni pakupera kwegore.DeFi, pfupi yeDecentralized Finance, inoreva seti yemasevhisi emari akavakirwa pa blockchain technology, achibvisa pakati pevashandi vakaita semabhanga. It inosanganisira kukweretesa, kukwereta, kutengeserana, uye yield farming, zvese zvichikurudzirwa nemakontrakiti akangwara. Uniswap, Aave, uye Curve ndezvimwe zvezvinyorwa zvikuru munzvimbo iyi, imwe neimwe ichigadzirisa matambudziko akasiyana: Uniswap inochinja nzira dzekutengeserana dzisina centralized (DEXs), Aave inotungamira mukukweretesa nekukwereta, uye Curve inogadzirisa kutengeserana kwe stablecoin. Kubva munaAugust 2025, musika weDeFi uri padhuze ne $98.4 bhiriyoni, wakakwira 38% kubva pagore rapfuura, nemitengo mitatu iyi ichikonzera zvakanyanya. Asi chii chinotyaira mafambiro avo? Ngatiparadzirei, tichitanga nekuongorora kwakakura tisati tatanga kuongorora token imwe neimwe.
Mufananidzo Wepamusoro weDeFi Musika mu2025
2025 yave mwaka wakakosha kuDeFi. Mushure mekuoma kwemusika kwe2024, uko kusagadzikana kwemitemo uye kugadzirisa kwemusika akaedzwa kugona kwechikamu, takaona kuwedzera kunotyairwa nezvinhu zvakakosha. Chekutanga, kufarira kwevemasangano kwakawedzera zvikuru. Makambani akaita seBlackRock neFidelity akabatanidza zvinhu zveDeFi mumapurofiti avo, achikurudzira kuwanikwa kwemari uye kuvimbika. Chechipiri, budiriro yehunyanzvi, yakadai semaitiro ekukwirira kwechikero chechipiri paEthereum (apo mazhinji eDeFi anoshanda), akaderedza mari dzekushandisa uye kuvandudzwa kwekuchinja, zvichiita kuti maitiro ave nyore kushandisa.
Dhata kubva kumasosi akadai seDefiLlama neCoinMarketCap inoratidza mufananidzo wakanaka: DeFi TVL yakakwira kusvika kupfuura $150 bhiriyoni, nemaitiro ekukweretesa akadai seAave aine $4.5 bhiriyoni, DEXs akadai seUniswap aine $3.2 bhiriyoni, uye mapool akatarisana nemari inogamuchirwa yeCurve ari padhuze ne $3.9 bhiriyoni. Mitengo yemataikeni akatevera izvi—UNI kutengesa inenge $9.69, AAVE pa $315.15, uye CRV pa $0.62—ichiratidza musanganiswa wekutenda kwekugadzirisa uye kupora kwekuchenjera. Maitiro anosanganisira kukwira kwekushandiswa kwezvinhu zvechokwadi (RWAs), uko zvinhu zvakatemwa zveimba kana mabond anokweretwa kuburikidza neAave, uye kubatana kwemichina, kunobvumira Uniswap kuwedzera kupfuura Ethereum.
Zvisinei, matambudziko achiripo. Kutyora kwekuchengetedza, kunyangwe kwakaderera ne20% kubva 2024, kuchine kutyisidzira kukuru, nemaitiro anodhura $500 miriyoni gore rino chete. Mhepo dzemitemo, dzakadai seProject Crypto yeSEC, dzakapa kujeka, kuchinjisa mafungiro kuve akanaka kumatokens akadai seUNI, AAVE, uye CRV. Vhales neemasangano vari kuunganidza, sezvinoratidzwa nedata repa-chain rinoratidza kuwedzera kwemavhoriyamu: AAVE’s 24-hour volume pa $431 miriyoni, UNI pa $135 miriyoni, uye CRV pa $58 miriyoni. Ukuunganidzwa uku kunoratidza kuvimba, kunyanya sezvo DeFi yields achiita avhareji ye5-15%, kupfuura kuchengetedza kwechinyakare.
Kune vashandisi vanoda kupinda, mapuratifomu akadai seExbix anopa nzira dziri nyore dzekupinda. Unogona kuongorora kutengesa aya matoken pamapuratifomu makuru—shanyira Exbix kuti utange—kana kuti uwedzere kuburikidza nemaprogramu ekustake. Kuti ustake maDeFi tokens ako uye uwane mari inoyerera, tarisa Exbix Staking, uko kunotarisirwa mibairo inokwikwidza.
Uniswap (UNI): Mhando yeMusika yeDEX Kingpin
Uniswap, yakavambwa muna 2018 naHayden Adams, yakakanganisa centralized mashandisirwo nemhando yayo ye automated market maker (AMM). UNI, token yayo yokutonga yakaiswa mu2020, inobvumira vanotakura kuti vavote pamaitiro ekuvandudza, zvimiro zvemari, uye kugoverwa kwemari. Mu2025, maitiro eUniswap anotungamirirwa neV4 upgrade yayo, iyo yakatanga mahooks ekugadzirisa masangano emari, ichiwedzera kushanda uye kukwezva vamwe vanogadzira.
Ongororo yemusika inoratidza UNI’s mutengo uri pachena pa $9.69, wakwira kubva pa $7 pakutanga kwegore, pakati pekusimukira kwakakura kwealtcoin. Fungidziro dzenguva refu dziri kutarisa kumusoro: nyanzvi dzakaita sevanhu vari kuCCN vanofungidzira kuti UNI ichasvika pa $15 pakupera kwegore, ichikurudzirwa nekusimukira kwehuwandu hweDEX. TVL yeUniswap iri pa $3.2 bhiriyoni, ichiita kuti ive yechitatu pakukura muDeFi. Maitiro akakosha anosanganisira kuwedzera kwekutengesa kwememe coin paUniswap, iyo aka 40% ye $1.2 trillion mukati mehuwandu hwakakwana. Kugamuchirwa kwevemasangano kunoratidza—whales akawana 149 miriyoni UNI pamisika yakaita seBinance.
Asi UNI haina kusara isina kuchinja. Kudonha kwe10% muna Chikunguru 2025 kwakatevera kugadzirisa kwemusika wakakura, asi kwakadzoka pachena pachiziviso chekubatana nemanetwekisi e layer-2 akaita seArbitrum. Metrics dzeon-chain dzakasimba: kero dziri kushanda kuenda 15%, uye huwandu hwekutengeserana huri kusvika pamadhora $135 miriyoni pazuva. Kana tichienzanisa nemakwikwi akadai sePancakeSwap, Uniswap ine mukana mukati meEthereum-native liquidity uye governance model, uko vanochengeta UNI vakatendera kudzora zvirongwa zvinokanganisa, vachivimbisa kugadzikana.
Kune vanoisa mari, kushandiswa kweUNI kunopfuura fungidziro. Kubata UNI kunopa zvikamu zvemari kubva kumitero ye0.3% yekuchinjana kweprotocol, yakagovera. Mugore rine kutonga kweDeFi (kuyera sekusanganiswa kwemusika wezvikamu zvakakurumbira seUNI, AAVE, uye CRV) kwakasvika pa20% yemusika wecrypto, basa reUNI rakakosha. Kana uri kutarisa UNI, mapuratifomu akadai seExbix anoita kuti zvive nyore kutengesa kana kuisa mari. Isa mari yako yeUNI paExbix kuwana pundutso kusvika ku10%, kana kutarisa kuchinjana kwakazara pa Exbix.
Kutarisa mberi, kubatanidzwa kweUniswap neRWAs kungakonzere kuti UNI ifambe kusvika ku$20 panosvika 2026. Vanoongorora vanoratidza kuti kukosha kwayo—TVL ratio pa0.40—kunoratidza mukana wekukura. Mufungo wemagariro pamapuratifomu akadai seX uri wakanaka, nemisangano ichisimbisa UNI’s kuita kupfuura vamwe.
(Huwandu hwemashoko kusvika zvino: ~850. Tichiramba tichiwedzera kuti tiwedzere kudzama.)
Aave (AAVE): Kukwikwidza kweKukweretesa uye Kugadzikana kweMusika
Aave, yakavambwa naStani Kulechov muna 2017 seETHLend, yave chiremera mukukweretesa. AAVE, token yayo, inobatsira mukutonga, kuisa mari kumamodheru ekuchengetedza, uye kuderedza mari. Mu 2025, maitiro eAave anotaridzika pamaitiro ayo eV3 neV4, ayo akatanga kukweretesa kwecross-chain uye kukweretesa kwakagadzirirwa njodzi, kuchikurudzira TVL kusvika ku $4.5 billion.
Mutengo weAAVE uri pa $315.15 unoratidza kuwedzera kwe200% kubva pakutanga kwegore, kwakakonzera nekupinda kwemakambani. Makuru akawana $13.2 miriyoni muAAVE munaJune 2025, maererano nedata reLookonchain, achikwevera volumes kusvika ku $431 miriyoni. Maitiro anosanganisira kuvandudzwa kwemari dze flash—kukweretwa kusina chibatiso kwekudyara—kwakagadzira $100 miriyoni mumari dzemitero mugore rapfuura. Kubatana kweAave nemari dzakagadzikana dzakaita seUSDC neEURC kwakaita kuti ive chiteshi pakati peTradFi neDeFi, nemubatanidzwa seCircle uchikurudzira kuwanikwa kwemari.
Kuoma kwemusika hakusati kwakanganisa kukura. Mushure mekupfuura kuongororwa kweSEC mu2023 (seAAVE inoshanda pa Proof-of-Work midzi), yakakwira 27% muzuva rimwe chete. Kukwira kweTVL kwe11% pasvondo kunoratidza kuvimba, pamwe nemari dzakawandisa dzinoderedza kutadza. Kana tichienzanisa neCompound, Aave’s mitero inochinja uye maficha ekutendera chikwereti anopa kusarudza, achikwezva varimi vechibereko vanotsvaga 8-12% APYs.
Matambudziko anosanganisira kukwikwidza kubva kumapurotocol matsva akadai seJustLend ($3.7 billion TVL), asi Aave’s kuongorora kwekuchengetedza uye mibairo yemakanganiso kunochengeta chiyero chayo. Pa X, mafungiro ari pamusoro, ne59% yemashoko akanaka achikurudzira decentralization yayo. Kune vashandisi, kuisa AAVE mumamodheru ekuchengetedza kunoburitsa mibairo uku kuchidzivirira chikuva kubva pakushaya mari.
Vashandisi veExbix vanogona kushandisa mukana weAAVE nekutengesa papuratifomu—enda kuExbix—kana kutengesa kuti uwane mari yakawedzerwa pa Exbix Staking, uko mabhiriji eAAVE anopa mibairo inokwikwidza.
Fungidziro: Pakazosvika 2030, AAVE inogona kusvika $500-700 kana kutorwa kweDeFi kuchiramba kuchikura, sekufungidzira kweCoinMarketCap. Chimiro chayo chisina kukodzera (TVL ratio 0.40) chinoratidza kutenga mikana.
Curve (CRV): Shanduko dzeStablecoin uye Kugadzirisa Yield
Curve Finance, yakagadzirwa naMichael Egorov muna 2020, inotarisa pakutengesa stablecoin ine slippage shoma kuburikidza neAMM yayo. CRV, iyo token inotungamira uye inopa mibairo, inopa kukurudzira kune vanopa liquidity (LPs) kuburikidza neveCRV locking kuti iwane yields dzakawedzerwa. Muna 2025, maitiro eCurve anotarisa paLlamaLend yayo uye crvUSD kuvambwa, ichikwevera TVL ku $3.9 bhiriyoni.
Mutengo weCRV uri pa $0.62 wakaratidza kuchinja, uri pasi kubva pa $0.90 asi wakakwira ne3% pavhiki. Fungidziro kubva kuCCN dzinoratidza $1.86 pakupera kwegore, nemigwagwa yenguva refu iri pa $7.89 panosvika 2030. Zvinhu zvikuru zvinotyaira: Metapools yeanonyanya kushandiswa tokens uye kubatanidzwa neTradFi, sekubhadhara nemastablecoin kuburikidza neVisa. Huwandu hwakakwira kusvika ku $342 miriyoni pazuva, kuwedzera kwe83%, kuchiratidza kukwira chiitiko.
Maitiro anosanganisira kutonga kweyield farming, nemihoro yeCRV inosvika ku2.5x kuburikidza nekusimudzira. Mushure me2024, mabhizinesi akashandurwa, kugadzirisa kwekuchengetedza kwakadzorera chivimbo, sezvinoratidzwa nemasimba e1.37% emapool akadai se stETH. Pamusoro pecheni, kugoverwa kwekuchengetedza kunoratidza kuunganidzwa kwehove, neBinance ichibata 4.92% yekuchengetedza.
Pakatariswa neUniswap, kutarisa kweCurve pamari dzakasimba kunoderedza kurasikirwa kwechinguva, kuchiita kuti i yakakodzera kune LPs dzine maonero akasimba. Social buzz inotora CRV #92 mukutaura, ine 90/5 manzwiro.
Kuti uwane kubatana, stake CRV paExbix kuwana mubereko wakagadziridzwa, kana kutengesa pa Exbix.
Ramangwana: NeDeFi’s $376.9 miriyoni mariro akatarwa, CRV inogona ku5x kana cross-chain ikakura.
Kuenzanisa uye Kubatanidzwa neExbix
Kusiyanisa UNI, AAVE, uye CRV: UNI inotungamira mukutengesa ($135M), AAVE muTVL ($4.5B), CRV mukushanda kwakasimba. Vese vanobatsirwa nekusimudzira kweEthereum, asi vanosiyana mukutyisidzira—UNI ine njodzi, AAVE yakagadzikana, CRV inotarisa pamari inowanikwa.
Exbix inobatanidza izvi nekupa kutengesa kwepasi-mari uye staking. Shanyira Exbix yeportfolio, kana Exbix Staking yeDeFi yields.
Tarisiro yeRamangwana uye Mhedziso
Kusvika 2026, mataoken aya anogona kuona 50-100% kuwedzera pakati pekukura kweDeFi. Njodzi: mitemo, kubiridzira. Asi, nekutsigirwa kwevemasangano, ramangwana rakajeka.
