在今年開始時，分散的金融（DEFI）部門將在5月捲土重來。

Defillama的數據顯示，跨Defi協議的總價值鎖定（TVL）已攀升至1,214.7億美元，標誌著4月份的849億美元的低點增長了43％。

The decentralized finance (DeFi) sector is staging a comeback in May, following a sluggish start to the year.

在本年度開始緩慢的開始之後，分散的金融（DEFI）部門將在5月捲土重來。

Total value locked (TVL) across DeFi protocols has climbed to $121.47 billion, marking a 43% increase from April’s lows of $84.9 billion, according to DeFiLlama data.

根據Defillama的數據，跨越規程的總價值鎖定（TVL）已攀升至1.2147億美元，比4月份的849億美元增長了43％。

Several emerging segments, including Bitcoin restaking, real-world asset lending, and infrastructure protocols, have been key drivers of the DeFi rebound. This is fueled by a broader market recovery, renewed investor confidence, and fresh capital flowing into decentralized platforms.

幾個新興領域，包括比特幣重新生產，現實世界資產貸款和基礎設施協議，都是Fefi反彈的關鍵驅動力。這是由於更廣泛的市場回收率，更新的投資者信心以及新的資本流向分散平台的推動。

Platform upgrades and the rollout of new features have also contributed, attracting users and liquidity back to the ecosystem. As user participation grows, so too do protocol activity and trading volumes.

平台升級和新功能的推出也有貢獻，吸引了用戶和流動性回到生態系統。隨著用戶參與的增長，協議活動和交易量也隨之增長。

With TVL serving as a key barometer of DeFi health, measuring capital locked into lending, staking, and liquidity, here are the top five projects that posted the largest gains this month.

TVL充當DEFI健康的關鍵晴雨表，衡量資本鎖定在貸款，積分和流動性中，這是本月發布最大收益的前五名項目。

Restaked BTC Category Shows Strong Gains

其餘的BTC類別顯示出強大的收益

The Restaked BTC category saw the highest TVL growth this month, surging 173%. This coincides with increasing interest in Bitcoin-native DeFi.

RETAKED BTC類別本月的TVL增長率最高，增長了173％。這與對比特幣本地偏見的興趣增加相吻合。

Coffer Network, a prominent player in this segment, saw its TVL increase 69.5% to $317.7 million.

Coffer Network是該細分市場中的傑出參與者，其TVL增加了69.5％，達到3.177億美元。

The broader ecosystem of Bitcoin-based DeFi protocols now has a combined $3.3 billion in TVL, showcasing a burgeoning appetite for BTC yield-generating platforms.

基於比特幣的DEFI協議的更廣泛的生態系統現在擁有33億美元的TVL，展示了BTC產生生成平台的蓬勃發展的胃口。

maximal_bull said it best: "People are now realizing that BTC DeFi is actually pretty neat. We're starting to see some good protocols emerge, and with the DeFi summer narrative, capital is flowing in. Expect this to continue in the coming months."

Maximal_bull說最好的說：“人們現在意識到BTC Defi實際上非常整潔。我們開始看到一些好的協議出現了，隨著夏季夏季的敘述，資本正在流入。期望在接下來的幾個月中持續下去。”

RWA Lending Protocols Gain Momentum

RWA貸款方案獲得勢頭

TVL in real-world asset (RWA) lending protocols also saw notable gains, rising 106% this May.

TVL在現實世界中的資產（RWA）貸款方案中也取得了顯著收益，今年5月上漲了106％。

Offering users the ability to borrow NOTE tokens backed by tokenized real-world assets, Vivacity Finance emerged as a key player in this space. Its TVL rose 13% to $68.55K—modest in dollar terms, but significant in a niche, rapidly expanding category.

為用戶提供借用標記現實世界資產支持的筆記代幣的能力，Vivacity Finance成為該領域的關鍵參與者。它的TVL上漲了13％，至68.55萬美元 - 以美元計算，但在利基市場迅速擴展的類別中很重要。

In April, the total RWA TVL reached $2.4 billion, a stark increase from $888 million in January, highlighting the burgeoning potential of this emerging sector.

4月，RWA TVL的總額達到24億美元，比一月份的8.88億美元急劇增加，強調了這一新興行業的新興潛力。

Interest in RWA protocols is expected to continue as institutions and individuals seek new avenues for yield generation and liquidity in the DeFi ecosystem.

隨著機構和個人在Defi生態系統中尋求新的產生和流動性的新途徑，對RWA方案的興趣將繼續進行。

Unclaimed Coins Status: A New Metric Highlighting RWA Potential

無人認領的硬幣狀態：一種新的指標，突出了RWA潛力

Unclaimed Coins Status, a service that tracks unclaimed cryptocurrency coins and tokens, provides unique insights into the RWA narrative.

無人認領的硬幣狀態是跟踪無人認領的加密貨幣硬幣和代幣的服務，為RWA敘述提供了獨特的見解。

The service had around 10,000 BTC in "unclaimed coins" at a glance, valued at over $280 million at today's prices.

這項服務的“無人認領硬幣”約有10,000 btc，目前以今天的價格價值超過2.8億美元。

This serves as a testament to the untapped potential that exists within the cryptocurrency space, particularly in relation to real-world assets.

這證明了加密貨幣空間內的未開發潛力，尤其是與現實世界中的資產有關。

As institutions and enterprises increasingly venture into the crypto domain, they are bringing with them large-scale operations and capital. This influx is pushing protocols and projects to innovate further and expand their offerings.

隨著機構和企業越來越多地進入加密貨幣領域，他們帶來了大規模的運營和資本。這種湧入正在推動協議和項目，以進一步創新並擴大其產品。

The Health of the DeFi Ecosystem Is Improving Gradually

Defi生態系統的健康正在逐漸改善

The Collateralized Debt Positions (CDPs) category saw a 74.6% rise in TVL. This was driven largely by new protocol launches and token incentives.

抵押債務頭寸（CDP）類別的TVL增長了74.6％。這在很大程度上是由新協議的推出和代幣激勵措施所驅動的。

Summer.fi Pro, an AI-powered yield optimizer saw its saw saw more than double in May following the rollout of its Lazy Summer Protocol and SUMR token.

Summer.fi Pro是AI驅動的收益優化器在5月推出的夏季協議和Sumr代幣後，其鋸在5月的兩倍多。

This drove deposits up to $253.84 million, a 125% increase in one month.

這驅動了高達2.5384億美元的存款，一個月增加了125％。

The protocol's efforts to optimize yield and provide advanced liquidity management solutions appear to be attracting a significant influx of liquidity.

該協議優化產量和提供先進的流動性管理解決方案的努力似乎吸引了大量流動性。

The Health of the DeFi Ecosystem Is Improving GraduallyThe Developer Tools category, often overlooked in TVL discussions, saw a 74.6% rise.

Defi生態系統的健康狀況正在逐漸改善開發人員工具類別，通常在TVL討論中被忽略了，增長了74.6％。

This was led by Intuition, an Ethereum-based attestation protocol, which saw its TVL jump 77.5% to nearly $120,000 following the project's $4 million funding round.

這是由Intuition（一種基於以太坊的認證協議）領導的，該協議在該項目的400萬美元資金回合之後，其TVL躍升了77.5％至近120,000美元。

The protocol, which focuses on providing verifiable information to DeFi protocols and users, seems to be gaining traction as institutions and enterprises demand greater transparency and trustless operations.

該協議的重點是向DEFI協議和用戶提供可驗證的信息，隨著機構和企業要求更高的透明度和無信任的操作，似乎正在引起關注。

DEX on Flare Chain Shows Promise

耀斑鏈上的DEX顯示承諾

Within the DEX category, SparkDEX was a clear standout. A major protocol on the Flare chain, SparkDEX saw its TVL surge 348% in May to $57 million following the integration of the cross-chain stablecoin USDT0.

在DEX類別中，SparkDex是一個明顯的傑出表現。 SparkDex在Flare鏈上進行了一項主要協議，在跨鏈Stablecoin USDT0集成後，5月的TVL激增348％至5700萬美元。

Since the upgrade, SparkDEX's TVL skyrocketed by over 500%, bringing in more than $15 million weekly. Monthly trading volume exceeded $300 million, while the user base grew by 2,000, signaling

自升級以來，SparkDex的TVL猛增了500％以上，每週帶來超過1500萬美元。每月交易量超過3億美元，而用戶群增長了2,000，發出信號