三个方案争夺以太坊2层市场的主导地位以及其价值520亿美元的所谓分散融资（DEFI）：intimum（arb），乐观主义（OP）和基础。

看涨的投资者甚至看到了第2层的机会，可以取代以太坊的200亿美元市值，甚至是Solana或Avalanche等替代区块链的价值。

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.

三个方案正在争夺以太坊（Crypto：ETH）第2层市场的主导地位，以及价值520亿美元的所谓分散财务（DEFI）：intivum（crypto：arb），乐观主义（Crypto：op）和基础。

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

仔细研究了这三个方案及其各自的优势和劣势：

* 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.

*仲裁和乐观是最早的两个主要竞争对手，他们的估值仍然非常匹配。尽管采用了差异性的方法，但ARB和OP的交易量都在32亿美元的全额稀释估值中的5％以内。

* 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.

*与仲裁和乐观相反，基础是没有天然令牌的企业孵化第2层。 Base不是最初的硬币发行（ICO）或AIRDROP，而是在财务上奖励其公司创始人Coinbase（NASDAQ：COIN），并节省了交易费用。

* 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还使用其社交媒体来推广各种发行代币本身的分支项目，例如Zora（Crypto：Zora）和Baseisforeveryone。

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

乐观的增长策略：伙伴关系，许可和超级链

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

乐观的增长策略依赖于各种公司合作伙伴关系，甚至为基础伙伴等合作伙伴提供许可和白色标签。

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.

尽管许多乐观的协议都有收入回扣以使代币持有人受益，但它们包含各种合同规定，这些规定可以使OP的长期价值变得困难。

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的一位首席研究员将乐观主义的主要链描述为“趋向于幽灵镇”。为了抵消衰落，乐观主义说，它正在为应用程序的超链互操作性致力。

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

它拥有主要合作伙伴关系，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.

尽管基础使用了乐观的技术，但现在，它是一个直接竞争者，它比OP代币的奖励奖励要多得多。

Arbitrum: Retaining Liquidity and Encouraging an Orbit of Chains

仲裁：保留流动性并鼓励链条

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.

与乐观相反，仲裁保留了其主链上的大部分流动性。与乐观的浮华业务合作伙伴关系和离链交易不同，几乎所有关于仲裁的收入都直接归功于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.

由于仲裁将其流动性在链上而不是链链合作伙伴关系中，因此Defi Trackers更容易估计其总价值锁定（TVL）。大多数估计将加密资产的数量放在仲裁区块链上的23亿美元。

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

仲裁的桥接TVL包括跨区块链的各种加密资产的双重计数，超过了110亿美元。

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.

为了继续增长，仲裁还鼓励了运作自己的交易序列的额外连锁店的轨道。这些轨道连锁店将某些资产保留为从索环的主链中桥接的流动性。

Base: Transaction Fees Lower Than Ethereum and Solana

基础：低于以太坊和索拉纳的交易费用

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支持的基地拥有约30亿美元的TVL和140亿美元的桥接TVL。基本索赔交易费用不到一美分，远低于以太坊或索拉纳。

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.

即使索要低收入费用，在3月下旬和2024年4月上旬的几天内，在24小时内收取的连锁费也达到了数百万美元。

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

凭借与乐观的OP堆栈建立联系，基本基础上的应用程序与仲裁的流动性促进和单务工程有些重叠。