Coinbase 的第 2 層解決方案 Base Network 飆升，Uniswap 交易量創歷史新高

Coinbase 的 Layer-2 擴容解決方案 Base Network 預計將打破 Uniswap 上 94 億美元的交易量記錄。自 1 月以來，Base 的每月交易量突破了記錄，促使 Coinbase 宣布計劃在網路上實施 USDC 平衡。儘管最近網路擁堵，Base 的鎖定總價值已升至 38.9 億美元，在日常交易中表現優於 Arbitrum 和以太坊，顯示出彈性和成長潛力。

Base Network, Coinbase's Layer-2 Solution, Surges to Record Trading Volumes on Uniswap, Poised to Eclipse Previous Highs

Coinbase 的 Layer-2 解決方案 Base Network 在 Uniswap 上創下交易量紀錄，預計將超越先前的高點

New York, United States [April 2023] - Base Network, the highly anticipated Layer-2 scaling solution developed by cryptocurrency giant Coinbase, is on the cusp of achieving a significant milestone, poised to surpass its all-time high in trading volumes on the decentralized exchange, Uniswap.

美國紐約 [2023 年 4 月] - Base Network 是加密貨幣巨頭 Coinbase 開發的備受期待的 Layer-2 擴展解決方案，即將實現一個重要的里程碑，預計將超越其歷史最高交易量去中心化交易所，Uniswap 。

According to data from Uniswap Labs, Base has consistently shattered its monthly trading volume records since its inception earlier this year. In January, the platform recorded volumes of $329 million, which surged to $675 million in February. March, however, witnessed an extraordinary leap, with trading volumes skyrocketing to an unprecedented $9.4 billion, demonstrating the growing traction and user adoption of Base.

Uniswap Labs 的數據顯示，自今年稍早成立以來，Base 一直打破其每月交易量記錄。 1 月份，該平台的交易額為 3.29 億美元，2 月飆升至 6.75 億美元。然而，3 月見證了非凡的飛躍，交易量飆升至前所未有的 94 億美元，這表明 Base 的吸引力和用戶採用率不斷增長。

The surge in trading activity on Uniswap coincides with Coinbase's strategic announcement to migrate its users' USDC balances to the Base network. This move is part of Coinbase's broader strategy to enhance the security and accessibility of customer funds.

Uniswap 交易活動激增，恰逢 Coinbase 策略宣布將用戶的 USDC 餘額遷移到 Base 網路。此舉是 Coinbase 增強客戶資金安全性和可訪問性的更廣泛策略的一部分。

"We are committed to providing our users with the best possible experience," said Max Branzburg, Vice President and Head of Consumer Products at Coinbase. "By migrating to Base, we can offer lower fees, faster settlement times, and additional features that will further simplify fund management and protection."

Coinbase 副總裁兼消費產品主管 Max Branzburg 表示：“我們致力於為用戶提供盡可能最佳的體驗。” “透過遷移到 Base，我們可以提供更低的費用、更快的結算時間以及進一步簡化資金管理和保護的附加功能。”

As of mid-April, Base has already accumulated a staggering $7.8 billion in trading volume, according to Uniswap Labs data. With the month still in its early stages, it is highly likely that April's trading volume record will significantly exceed that of March.

根據 Uniswap Labs 的數據，截至 4 月中旬，Base 的交易量已累積達到驚人的 78 億美元。由於本月仍處於初期階段，4 月的交易量紀錄很可能會大幅超過 3 月。

Base Outperforms Peers in Ethereum L2 Ecosystem

Base 在以太坊 L2 生態系中表現優於同行

Base's performance has been exceptional compared to other protocols within the Ethereum Layer-2 community. Recent data from Coingape reveals that Base has surpassed both Arbitrum and Ethereum in terms of daily transaction count.

與以太坊 Layer-2 社群中的其他協定相比，Base 的表現非常出色。 Coingape 的最新數據顯示，Base 在每日交易數量方面已超過 Arbitrum 和以太坊。

L2Beat metrics indicate that Base's 30-day transaction count has reached 45.21 million, eclipsing Arbitrum One and Ethereum. Furthermore, Base's total value locked (TVL) has surged to $3.89 billion, showcasing its resilience and promising prospects for the future.

L2Beat 指標顯示，Base 的 30 天交易量已達到 4,521 萬筆，超過了 Arbitrum One 和以太坊。此外，Base 的總鎖定價值 (TVL) 已飆升至 38.9 億美元，展現了其韌性和光明的未來前景。

Despite experiencing some network congestion recently, Base has demonstrated remarkable stability and is well-positioned for continued growth.

儘管最近遇到了一些網路擁塞，但 Base 仍表現出卓越的穩定性，並為持續成長做好了準備。

Uniswap Draws Regulatory Scrutiny, Challenging SEC Guidelines

Uniswap 受到監管審查，挑戰 SEC 準則

In a parallel development, the Securities and Exchange Commission (SEC) of the United States has recently targeted Uniswap with legal action, challenging years of established policy guidelines.

與此同時，美國證券交易委員會 (SEC) 最近針對 Uniswap 採取了法律行動，挑戰了多年來既定的政策準則。

Adam Cochran of Cinneamhain Ventures, in a comprehensive legal analysis, examines several previous SEC decisions regarding the definition of "exchange" and their potential impact on Uniswap's legal battle.

Cinneamhain Ventures 的 Adam Cochran 在全面的法律分析中，審視了 SEC 先前關於「交易所」定義的幾項決定及其對 Uniswap 法律戰的潛在影響。

Cochran argues that the SEC's recent actions deviate from its own established precedent. In 1986, 1991, and 1997, the SEC issued "No-Action Letters" that provided guidance on electronic routing and matching of trades. These decisions implied that computer service systems, like those employed by Uniswap, did not constitute complete "exchanges."

科克倫認為，美國證券交易委員會最近的行動背離了其既定的先例。 1986 年、1991 年和 1997 年，SEC 發布了“不採取行動函”，為交易的電子路由和匹配提供了指導。這些決定意味著電腦服務系統（如 Uniswap 所使用的系統）並不構成完整的「交易所」。

Additionally, Cochran highlights precedents that contradict the SEC's current position, such as the classification of front-ends as exchanges. The SEC has previously maintained that an interface that displays and communicates with an exchange is not an exchange in itself.

此外，科克倫還強調了與 SEC 當前立場相矛盾的先例，例如將前端分類為交易所。 SEC 先前一直認為，顯示交易所並與交易所通訊的介面本身並不是交易所。

Uniswap, a decentralized exchange platform, automates token trading on Ethereum, removing the need for traditional intermediaries. While Uniswap Labs has been under regulatory oversight since 2021, it recently received a Wells notice from the SEC, signaling imminent enforcement action.

Uniswap 是一個去中心化交易平台，可在以太坊上實現代幣交易自動化，從而無需傳統中介機構。儘管 Uniswap Labs 自 2021 年以來一直受到監管，但它最近收到了 SEC 的 Wells 通知，表明即將採取執法行動。

Uniswap Labs has emphasized the distinction between the app's front-end, which it develops, and the Uniswap protocol itself. Cochran supports this distinction, arguing that the front-end and the smart contract are separate components in cryptocurrency trading.

Uniswap Labs 強調了其開發的應用程式前端與 Uniswap 協定本身之間的區別。 Cochran 支持這種區別，認為前端和智能合約是加密貨幣交易中的獨立組件。

The SEC's regulatory scrutiny of Uniswap has ignited a debate on the classification of decentralized cryptocurrency exchange platforms. The outcome of the Uniswap case has the potential to shape the future of cryptocurrency trading and regulatory oversight in the digital asset space.

SEC對Uniswap的監管審查引發了關於去中心化加密貨幣交易平台分類的爭論。 Uniswap 案件的結果有可能塑造加密貨幣交易和數位資產領域監管監督的未來。