DAI 主導穩定幣鏈上交易量，標誌著 DeFi 成長進入新階段

11 月 4 日，穩定幣鏈上交易量出現顯著變化，其中 $DAI 以 224 億美元領先，超過 $USDC 的 93.7 億美元和 $USDT 的 73.9 億美元。

On-chain stablecoin volumes saw a significant shift on November 4th, with DAI leading the way with an impressive $22.4 billion in on-chain volume. This surge comes as USDC and USDT maintained their positions with $9.37 billion and $7.39 billion, respectively.

11 月 4 日，鏈上穩定幣交易量發生了重大變化，DAI 以令人印象深刻的 224 億美元鏈上交易量領先。 USDC 和 USDT 分別維持 93.7 億美元和 73.9 億美元的頭寸，從而實現這一飆升。

This development sparked speculation about a possible rise in DeFi activity or an emerging shift in user preference toward decentralized assets like DAI. In contrast, USDC and USDT held steady, reinforcing their indispensable role in the crypto ecosystem.

這一事態發展引發了人們對 DeFi 活動可能增加或用戶對 DAI 等去中心化資產的偏好轉變的猜測。相較之下，USDC和USDT則保持穩定，強化了它們在加密生態系中不可或缺的作用。

Smaller stablecoins like USDE and FDUSD lagged behind, with volumes of $160 million and $230 million, respectively.

USDE 和 FDUSD 等較小的穩定幣表現落後，交易量分別為 1.6 億美元和 2.3 億美元。

This news comes as stablecoins have played a crucial role in the crypto market, particularly in facilitating large-scale transactions and providing a stable medium of exchange. Stablecoins pegged to fiat currencies, such as the US dollar, offer price stability compared to volatile cryptocurrencies.

這項消息發布之際，穩定幣在加密貨幣市場中發揮了至關重要的作用，特別是在促進大規模交易和提供穩定的交換媒介方面。與不穩定的加密貨幣相比，與美元等法定貨幣掛鉤的穩定幣可提供價格穩定性。

As a decentralized stablecoin, DAI is notably backed by a system of smart contracts and crypto-collateral on the Maker platform. Unlike centralized stablecoins, DAI's creation and management are governed by algorithms and decentralized protocols.

作為一種去中心化的穩定幣，DAI 受到 Maker 平台上的智慧合約和加密抵押品系統的支援。與中心化穩定幣不同，DAI 的創建和管理由演算法和去中心化協議控制。

This decentralized aspect aligns with the broader ethos of decentralized finance (DeFi), where protocols and applications operate autonomously on blockchains without the involvement of intermediaries.

這種去中心化的面向與去中心化金融（DeFi）的更廣泛的精神是一致的，其中協議和應用程式在區塊鏈上自主運行，無需中介機構的參與。

The rise of DAI as a frontrunner in on-chain stablecoin volumes could hint at broader trends within the DeFi sector. Between 2019 and 2020, DeFi saw rapid growth, culminating in the “DeFi Summer” of 2020, when Total Value Locked (TVL) in decentralized finance skyrocketed.

DAI 作為鏈上穩定幣交易量領跑者的崛起可能暗示著 DeFi 領域更廣泛的趨勢。 2019 年至 2020 年間，DeFi 經歷了快速成長，並在 2020 年的「DeFi 之夏」達到頂峰，去中心化金融的總鎖定價值（TVL）飆升。

This period marked a transformative expansion for DeFi, attracting substantial capital and fueling innovation in decentralized lending, staking, and yield farming. New decentralized protocols emerged, offering a wide range of financial services and applications.

這段時期標誌著 DeFi 的變革性擴張，吸引了大量資本並推動了去中心化借貸、質押和流動性挖礦方面的創新。新的去中心化協議出現了，提供了廣泛的金融服務和應用程式。

As a result of this growth, and the entry of new users and capital into the DeFi ecosystem, the sector experienced a massive expansion in 2020. This growth was spurred by the low-interest rates and economic stimulus measures put in place during the COVID-19 pandemic.

由於這種成長以及新用戶和資本進入 DeFi 生態系統，該產業在 2020 年經歷了大規模擴張。 這種成長是受到新冠疫情期間實施的低利率和經濟刺激措施的推動。

With DeFi protocols continuously advancing and offering innovative solutions, the sector might be on the cusp of another expansion, especially as users increasingly seek decentralized options amid evolving regulatory landscapes. DAI's decentralized nature aligns well with DeFi's ethos, placing it as a key asset in the sector's infrastructure.

隨著 DeFi 協議不斷發展並提供創新解決方案，該行業可能正處於另一次擴張的風口浪尖，特別是隨著用戶在不斷變化的監管環境中越來越多地尋求去中心化的選擇。 DAI 的去中心化性質與 DeFi 的精神非常契合，使其成為該行業基礎設施中的關鍵資產。

Investors and crypto enthusiasts are watching closely to see if these stablecoin volume shifts could be the prelude to another breakthrough in the DeFi space.

投資者和加密貨幣愛好者正在密切關注，看看這些穩定幣交易量的變化是否可能成為 DeFi 領域另一次突破的前奏。