Layer 2 鏈在市場調整期間表現出反脆弱性，使用量和費用增加

Layer 2 鏈和其他區塊鏈已經通過了多次壓力測試。 8 月 5 日的最新拋售表明大多數平台都表現出反脆弱性

Layer 2 (L2) chains and other blockchains have passed multiple stress tests, and the latest sell-off on Monday showed most platforms behaved “antifragile,” receiving a boost of active wallets and generating significant fees.

第 2 層 (L2) 鏈和其他區塊鏈已經通過了多項壓力測試，週一的最新拋售表明大多數平台表現出“反脆弱性”，活躍錢包數量增加並產生大量費用。

While some chains saw gas fee spikes, overall the market turbulence had positive results on metrics.

雖然一些連鎖店的汽油費飆升，但總體而言，市場動盪對指標產生了積極的影響。

Recent on-chain data show that Optimism defended its position as one of the most widely used L2 chains. Together with Arbitrum, they are among the biggest recipients of inflows from other chains, especially Ethereum (ETH). Their scalability allows for easier and cheaper usage of decentralized exchanges (DEX), sequencers, lending and other DeFi tasks.

最近的鏈上數據顯示，Optimism 捍衛了其作為使用最廣泛的 L2 鏈之一的地位。它們與 Arbitrum 一起，是其他鏈（尤其是以太坊（ETH））資金流入的最大接收者之一。它們的可擴展性允許更輕鬆、更便宜地使用去中心化交易所（DEX）、排序器、借貸和其他 DeFi 任務。

The recent market turbulence sent Optimism transactions to one of the highest in history, while daily fees returned to levels not seen since 2021. The recent activity levels showed the chains still carried traffic even without incentives and could perform at a higher capacity during more active market periods.

最近的市場動盪使樂觀交易達到歷史最高水平之一，而每日費用恢復到2021 年以來的最高水平。的市場中以更高的容量運作期間。

L2 chains started surpassing Ethereum in terms of activity back in 2021, but the recent market events showed that the traffic shift was even more notable during volatile days.

早在 2021 年，L2 鏈的活動量就開始超過以太坊，但最近的市場事件表明，在波動的日子裡，流量變化更加明顯。

Optimism even achieved on-chain value not seen since the bull market peak in March. One of the reasons for the shifting traffic is that Optimism fees are still around 100X smaller compared to Ethereum.

樂觀情緒甚至達到了自 3 月牛市高峰以來從未見過的鏈上價值。流量變化的原因之一是 Optimism 費用仍然比以太坊小約 100 倍。

During usual times, Optimism mainnet trading on Uniswap requires just $0.06 per transaction, while the same action on Base has a cost of $0.0029. Arbitrum is in the middle with a price of $0.0044. The Ethereum mainnet still requires a fee of $0.90 even on less busy days.

平時，Uniswap 上的 Optimism 主網交易每筆交易僅需 0.06 美元，而 Base 上的相同操作成本為 0.0029 美元。 Arbitrum 處於中間位置，價格為 0.0044 美元。即使在不太繁忙的日子裡，以太坊主網仍然需要 0.90 美元的費用。

Optimism encompasses the transactions of the OP Mainnet chain, but more importantly, newly active networks like Celo and Base. The so-called collection of Superchain transactions was near its peak in the past few weeks.

樂觀情緒包括 OP 主網鏈的交易，但更重要的是，像 Celo 和 Base 這樣的新活躍網絡。過去幾週，所謂的超級鏈交易收集已接近頂峰。

Base, however, took the biggest share of gas fees. The blockchain by Coinbase (NASDAQ:COIN) marked its biggest activity not through its incentives or social media outreach, but during a market correction, with heightened trading into the USDC stablecoin.

然而，Base 佔據了 Gas 費的最大份額。 Coinbase（納斯達克股票代碼：COIN）的區塊鏈標誌著其最大的活動不是透過其激勵措施或社交媒體推廣，而是在市場調整期間，USDC 穩定幣的交易增加。

Ethereum still has days of prohibitive fees

以太坊仍然存在收費過高的情況

Ethereum (ETH) normalized its fee profile, where most activities now cost under $5. On a regular day, swaps have a cost of $2.78, while a bridging operation is at $0.90.

以太坊 (ETH) 標準化了其費用配置，現在大多數活動的費用低於 5 美元。正常情況下，掉期交易的成本為 2.78 美元，而橋接操作的成本為 0.90 美元。

However, on Monday, swap fees peaked at 60 times the current levels, suggesting transactions would quickly run up to more than $100. Block validator revenues reached $8.25M on Monday, remaining near the recent peak levels.

然而，週一掉期費用達到當前水平的 60 倍峰值，表明交易量將很快升至 100 美元以上。週一，區塊驗證器收入達到 825 萬美元，仍接近近期高峰。

At the same time, no protocol or chain stopped working during the recent price crash. The trading did not stop despite ETH crashing by 25%.

同時，在最近的價格暴跌期間，沒有任何協議或鏈停止工作。儘管 ETH 暴跌 25%，但交易並未停止。

The crypto market had its biggest correction, similar to the start of the bear market in 2022, but this time it managed to perform without panic.

加密貨幣市場經歷了最大的調整，類似於 2022 年熊市開始時的情況，但這次它表現得沒有恐慌。

How about a quick round of applause for Ethereum?

為以太坊鼓掌怎麼樣？

DeFi and everything on-chain worked just fine while $ETH dumped -25% causing panic amongst investors.

DeFi 和鏈上的一切都運作良好，而 ETH 的拋售-25% 引起了投資者的恐慌。

Few years back this would have led to insane congestions, high gas fees and unfair liquidations.

幾年前，這會導致瘋狂的擁擠、高昂的汽油費和不公平的清算。

We are getting there ?

我們快到了?

— Simon Dedic (@scoinaldo) August 7, 2024

— 西蒙·德迪克 (@scoinaldo) 2024 年 8 月 7 日

Ethereum’s on-chain activity returned to more than $5B, similar to previous periods where markets changed direction. Ethereum also saw peak on-chain transfers in March and in late June, leading to increased fees.

以太坊的鏈上活動恢復到超過 5B 美元，與先前市場改變方向的時期類似。以太坊在 3 月和 6 月下旬也出現了鏈上轉帳高峰，導致費用增加。

Not all activity was absorbed by L2 and other chains, but over time, some of the decentralized apps switched their traffic.

並非所有活動都被 L2 和其他鏈吸收，但隨著時間的推移，一些去中心化應用程式改變了流量。

Ethereum also works as an antifragile network, becoming more secure due to increased fees. With higher on-chain fees and a faster token burn, ETH holders have an incentive to stake, also boosting token scarcity.

以太坊還可以作為一個反脆弱網絡，由於費用增加而變得更加安全。由於更高的鏈上費用和更快的代幣銷毀速度，ETH 持有者有動力進行質押，這也加劇了代幣的稀缺性。

The recent market turbulence led to the burning of an additional 5.22K ETH tokens, after a period of low burns. Monday had the biggest token burn since March 2024.

經過一段時間的低燒毀期後，最近的市場動盪導致另外 522K ETH 代幣被燒毀。週一發生了自 2024 年 3 月以來最大規模的代幣銷毀。

Right before the recent market crash, data showed Ethereum lost traffic, while transactions surged on L2 chains. The trend was already well-established before L2 chains saw one of their first tests in a high transaction environment.

就在最近的市場崩盤之前，數據顯示以太坊流量減少，而 L2 鏈上的交易量激增。在 L2 鏈在高交易環境中進行首次測試之前，這一趨勢就已經確立。

In the past three months, more than $2.6B in value flowed from Ethereum’s assets into Arbitrum, Optimism and Base, the three leading L2 chains. The heightened trading in Q2 meant leading L2 chains continued to displace Ethereum as the main hub for decentralized activities.

在過去的三個月裡，超過 2.6B 美元的價值從以太坊資產流入 Arbitrum、Optimism 和 Base 這三個領先的 L2 鏈。第二季交易量的增加意味著領先的 L2 鏈繼續取代以太坊成為去中心化活動的主要樞紐。