三個方案爭奪以太坊2層市場的主導地位以及其價值520億美元的所謂分散融資（DEFI）：intimum（arb），樂觀主義（OP）和基礎。

看漲的投資者甚至看到了第2層的機會，可以取代以太坊的200億美元市值，甚至是Solana或Avalanche等替代區塊鏈的價值。

Three protocols are vying for dominance of the Ethereum (CRYPTO:ETH) Layer 2 market and its $52 billion worth of so-called decentralized finance (DeFi): Arbitrum (CRYPTO:ARB), Optimism (CRYPTO:OP), and Base.

三個方案正在爭奪以太坊（Crypto：ETH）第2層市場的主導地位，以及價值520億美元的所謂分散財務（DEFI）：intivum（crypto：arb），樂觀主義（Crypto：op）和基礎。

Here's a closer look at the three protocols and their respective strengths and weaknesses:

仔細研究了這三個方案及其各自的優勢和劣勢：

* Arbitrum and Optimism were the two earliest major competitors, and their valuations remain closely matched. Despite wildly divergent approaches, both ARB and OP are trading within 5% of a $3.2 billion fully diluted valuation.

*仲裁和樂觀是最早的兩個主要競爭對手，他們的估值仍然緊密匹配。儘管採用了差異性的方法，但ARB和OP的交易量都在32億美元的全額稀釋估值中的5％以內。

* In contrast to Arbitrum and Optimism, Base is a corporately incubated layer 2 that doesn't have a native token. Instead of an initial coin offering (ICO) or airdrop, Base financially rewarded its corporate founder Coinbase (NASDAQ:COIN) with savings on transaction fees.

*與仲裁和樂觀相反，基礎是沒有天然令牌的企業孵化第2層。 Base不是初始的硬幣發行（ICO）或AIRDROP，而是在財務上獎勵其公司創始人Coinbase（NASDAQ：COIN），並節省了交易費用。

* Base also used its social media following to promote a variety of offshoot projects that issued tokens themselves, like Zora (CRYPTO:ZORA) and BaseIsForEveryone.

* Base還使用其社交媒體來推廣各種發行代幣本身的分支項目，例如Zora（Crypto：Zora）和Baseisforeveryone。

Optimism's Growth Strategy: Partnerships, Licenses, and Superchain

樂觀的增長策略：夥伴關係，許可和超級鏈

Optimism's growth strategy has relied on a variety of corporate partnerships, even licensing and white-labeling its technology for partners like Base.

樂觀的增長策略依賴於各種公司合作夥伴關係，甚至為基礎夥伴等合作夥伴提供許可和白色標籤。

Although many of Optimism's agreements have revenue kickbacks to benefit tokenholders, they contain various contractual provisions that could make planning for the long-term value of OP difficult.

儘管許多樂觀的協議都有收入回扣以使代幣持有人受益，但它們包含各種合同規定，這些規定可以使OP的長期價值變得困難。

A lead researcher at Delphi Digital described Optimism's main chain as "trending to ghost town." To counteract the decline, Optimism says it's working on Superchain interoperability for apps.

Delphi Digital的一位首席研究員將樂觀主義的主要鏈描述為“趨向於幽靈鎮”。為了抵消衰落，樂觀主義說，它正在為應用程序的超鏈互操作性致力。

It boasts of major partnerships, including UniSwap, Curve Finance, and Aave.

它擁有主要合作夥伴關係，包括Uniswap，Curve Finance和Aave。

Despite Base using Optimism's technology, it is now a direct competitor that rewards Coinbase far more than OP tokenholders.

儘管基礎使用了樂觀的技術，但現在，它是一個直接競爭者，它比OP代幣的獎勵獎勵要多得多。

Arbitrum: Retaining Liquidity and Encouraging an Orbit of Chains

仲裁：保留流動性並鼓勵鏈條

In contrast to Optimism, Arbitrum has retained most of its liquidity on its main chain. Unlike Optimism's flashy business partnerships and off-chain transactions, almost all revenue on Arbitrum is directly attributable to ARB tokenholders.

與樂觀相反，仲裁保留了其主鏈上的大部分流動性。與樂觀的浮華業務合作夥伴關係和離鏈交易不同，幾乎所有關於仲裁的收入都直接歸功於ARB Tokenholders。

Because Arbitrum keeps its liquidity on-chain rather than in off-chain partnerships, it's easier for DeFi trackers to estimate its total value locked (TVL). Most estimates place the quantity of crypto assets on Arbitrum's blockchain at $2.3 billion.

由於仲裁將其流動性在鏈上而不是鍊鍊合作夥伴關係中，因此Defi Trackers更容易估計其總價值鎖定（TVL）。大多數估計將加密資產的數量放在仲裁區塊鏈上的23億美元。

Arbitrum's bridged TVL, which includes double-counting of various crypto assets across blockchains, exceeds $11 billion.

仲裁的橋接TVL包括跨區塊鏈的各種加密資產的雙重計數，超過了110億美元。

To continue growing, Arbitrum has also encouraged an orbit of additional chains that operate their own transaction sequencers. These orbit chains keep some assets as liquidity bridged from Arbitrum's main chain.

為了繼續增長，仲裁還鼓勵了運作自己的交易序列的額外連鎖店的軌道。這些軌道連鎖店將某些資產保留為從索環的主鏈中橋接的流動性。

Base: Transaction Fees Lower Than Ethereum and Solana

基礎：低於以太坊和索拉納的交易費用

The Coinbase-supported Base has about $3 billion in TVL and $14 billion in bridged TVL. Base claims transaction fees of less than one cent, putting it well below Ethereum or Solana.

Coinbase支持的基地擁有約30億美元的TVL和140億美元的橋接TVL。基本索賠交易費用不到一美分，遠低於以太坊或索拉納。

Even with the low fees it claims, the chain fees collected in a 24-hour period reached millions of dollars for a few days in late March and early April 2024.

即使索要低收入費用，在3月下旬和2024年4月上旬的幾天內，在24小時內收取的連鎖費也達到了數百萬美元。

With founding ties to Optimism's OP Stack, the apps that build on Base somewhat overlap with Arbitrum's competing liquidity Aave and Uniswap.

憑藉與樂觀的OP堆棧建立聯繫，基本基礎上的應用程序與仲裁的流動性促進和單務工程有些重疊。