Coinbase 的第 2 层解决方案 Base Network 飙升，Uniswap 交易量创历史新高

Coinbase 的 Layer-2 扩容解决方案 Base Network 有望打破 Uniswap 上 94 亿美元的交易量记录。自 1 月份以来，Base 的月交易量突破了记录，促使 Coinbase 宣布计划在网络上实施 USDC 平衡。尽管最近网络拥堵，Base 的锁定总价值已升至 38.9 亿美元，在日常交易中表现优于 Arbitrum 和以太坊，显示出弹性和增长潜力。

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

Coinbase 的 Layer-2 解决方案 Base Network 在 Uniswap 上创下交易量纪录，有望超越之前的高点

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.

美国纽约 [2023 年 4 月] - Base Network 是加密货币巨头 Coinbase 开发的备受期待的 Layer-2 扩展解决方案，即将实现一个重要的里程碑，有望超越其历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 的数据显示，自今年早些时候成立以来，Base 一直打破其月度交易量记录。 1 月份，该平台的交易额为 3.29 亿美元，2 月份飙升至 6.75 亿美元。然而，3 月份见证了非凡的飞跃，交易量飙升至前所未有的 94 亿美元，这表明 Base 的吸引力和用户采用率不断增长。

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 交易活动激增，恰逢 Coinbase 战略宣布将用户的 USDC 余额迁移到 Base 网络。此举是 Coinbase 增强客户资金安全性和可访问性的更广泛战略的一部分。

"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 副总裁兼消费产品主管 Max Branzburg 表示：“我们致力于为用户提供尽可能最佳的体验。” “通过迁移到 Base，我们可以提供更低的费用、更快的结算时间以及进一步简化资金管理和保护的附加功能。”

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.

根据 Uniswap Labs 的数据，截至 4 月中旬，Base 的交易量已累计达到惊人的 78 亿美元。由于本月仍处于初期阶段，4 月份的交易量纪录很可能会大幅超过 3 月份。

Base Outperforms Peers in Ethereum L2 Ecosystem

Base 在以太坊 L2 生态系统中表现优于同行

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.

与以太坊 Layer-2 社区中的其他协议相比，Base 的性能非常出色。 Coingape 的最新数据显示，Base 在每日交易数量方面已超过 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 指标显示，Base 的 30 天交易量已达到 4521 万笔，超过了 Arbitrum One 和以太坊。此外，Base 的总锁定价值 (TVL) 已飙升至 38.9 亿美元，展现了其韧性和光明的未来前景。

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

尽管最近遇到了一些网络拥塞，但 Base 仍表现出卓越的稳定性，并为持续增长做好了准备。

Uniswap Draws Regulatory Scrutiny, Challenging SEC Guidelines

Uniswap 受到监管审查，挑战 SEC 准则

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.

与此同时，美国证券交易委员会 (SEC) 最近针对 Uniswap 采取了法律行动，挑战了多年来既定的政策准则。

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 在一份全面的法律分析中，审视了 SEC 之前关于“交易所”定义的几项决定及其对 Uniswap 法律战的潜在影响。

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."

科克伦认为，美国证券交易委员会最近的行动背离了其既定的先例。 1986 年、1991 年和 1997 年，SEC 发布了“不采取行动函”，为交易的电子路由和匹配提供了指导。这些决定意味着计算机服务系统（如 Uniswap 使用的系统）并不构成完整的“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，科克伦还强调了与 SEC 当前立场相矛盾的先例，例如将前端分类为交易所。 SEC 此前一直认为，显示交易所并与交易所通信的界面本身并不是交易所。

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 是一个去中心化交易平台，可在以太坊上实现代币交易自动化，从而无需传统中介机构。尽管 Uniswap Labs 自 2021 年以来一直受到监管，但它最近收到了 SEC 的 Wells 通知，表明即将采取执法行动。

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 强调了其开发的应用程序前端与 Uniswap 协议本身之间的区别。 Cochran 支持这种区别，认为前端和智能合约是加密货币交易中的独立组件。

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对Uniswap的监管审查引发了关于去中心化加密货币交易平台分类的争论。 Uniswap 案件的结果有可能塑造加密货币交易和数字资产领域监管监督的未来。