Layer 2 链在市场调整期间表现出反脆弱性，使用量和费用增加

Layer 2 链和其他区块链已经通过了多次压力测试。 8 月 5 日的最新抛售表明大多数平台都表现出反脆弱性

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 层 (L2) 链和其他区块链已经通过了多项压力测试，周一的最新抛售表明大多数平台表现出“反脆弱性”，活跃钱包数量增加并产生大量费用。

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

虽然一些连锁店的汽油费飙升，但总体而言，市场动荡对指标产生了积极的影响。

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.

最近的链上数据显示，Optimism 捍卫了其作为使用最广泛的 L2 链之一的地位。它们与 Arbitrum 一起，是其他链（尤其是以太坊（ETH））资金流入的最大接收者之一。它们的可扩展性允许更轻松、更便宜地使用去中心化交易所（DEX）、排序器、借贷和其他 DeFi 任务。

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.

最近的市场动荡使乐观交易达到历史最高水平之一，而每日费用恢复到 2021 年以来的最高水平。最近的活动水平表明，即使没有激励措施，这些链仍然承载着流量，并且可以在更活跃的市场中以更高的容量运行期间。

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 链的活动量就开始超过以太坊，但最近的市场事件表明，在波动的日子里，流量变化更加明显。

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.

乐观情绪甚至达到了自 3 月份牛市高峰以来未见的链上价值。流量变化的原因之一是 Optimism 费用仍然比以太坊小 100 倍左右。

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.

平时，Uniswap 上的 Optimism 主网交易每笔交易仅需 0.06 美元，而 Base 上的相同操作成本为 0.0029 美元。 Arbitrum 处于中间位置，价格为 0.0044 美元。即使在不太繁忙的日子里，以太坊主网仍然需要 0.90 美元的费用。

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.

乐观情绪包括 OP 主网链的交易，但更重要的是，像 Celo 和 Base 这样的新活跃网络。过去几周，所谓的超级链交易收集已接近顶峰。

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 占据了 Gas 费的最大份额。 Coinbase（纳斯达克股票代码：COIN）的区块链标志着其最大的活动不是通过其激励措施或社交媒体推广，而是在市场调整期间，USDC 稳定币的交易增加。

Ethereum still has days of prohibitive fees

以太坊仍然存在收费过高的情况

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) 标准化了其费用配置，现在大多数活动的费用低于 5 美元。正常情况下，掉期交易的成本为 2.78 美元，而桥接操作的成本为 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，周一掉期费用达到当前水平的 60 倍峰值，表明交易量将很快升至 100 美元以上。周一，区块验证器收入达到 825 万美元，仍接近近期峰值水平。

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%.

与此同时，在最近的价格暴跌期间，没有任何协议或链停止工作。尽管 ETH 暴跌 25%，但交易并未停止。

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.

加密货币市场经历了最大的调整，类似于 2022 年熊市开始时的情况，但这一次它表现得没有恐慌。

How about a quick round of applause for Ethereum?

为以太坊鼓掌怎么样？

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

DeFi 和链上的一切都运行良好，而 ETH 的抛售-25% 引起了投资者的恐慌。

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

几年前，这会导致疯狂的拥堵、高昂的汽油费和不公平的清算。

We are getting there ?

我们快到了?

— 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.

以太坊的链上活动恢复到超过 5B 美元，与之前市场改变方向的时期类似。以太坊在 3 月和 6 月下旬也出现了链上转账高峰，导致费用增加。

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

并非所有活动都被 L2 和其他链吸收，但随着时间的推移，一些去中心化应用程序改变了流量。

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.

以太坊还可以作为一个反脆弱网络，由于费用增加而变得更加安全。由于更高的链上费用和更快的代币销毁速度，ETH 持有者有动力进行质押，这也加剧了代币的稀缺性。

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.

经过一段时间的低烧毁期后，最近的市场动荡导致另外 522K ETH 代币被烧毁。周一发生了自 2024 年 3 月以来最大规模的代币销毁。

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.

就在最近的市场崩盘之前，数据显示以太坊流量减少，而 L2 链上的交易量激增。在 L2 链在高交易环境中进行首次测试之前，这一趋势就已经确立。

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.

在过去的三个月里，超过 2.6B 美元的价值从以太坊资产流入 Arbitrum、Optimism 和 Base 这三个领先的 L2 链。第二季度交易量的增加意味着领先的 L2 链继续取代以太坊成为去中心化活动的主要枢纽。