DeFi · X 热门 · 2026-09-17 19:21 UTC

# DeFi — X 热门讨论 (2026-09-17 19:21 UTC)

## @Matt_Hougan (Matt Hougan) · 09-17 18:51 · ♥161 ↻15 💬15 Tokenization is a mega trend. Just today, the SEC created a pathway for tokenized stocks to trade in the US, S&P acquired @OpenZeppelin, and DeFi assets are ripping. If you had doubts before, today should put them to rest. The world is moving onchain.

The thing about investing in mega trends is that they go on longer than you think.

ChatGPT launched in November 2022. NVDA was trading for $16. A year later, it was obvious AI was a megatrend and NVDA was up 176% to $46.

The right thing to do at that point was not to kick yourself for missing the move. It was to buy in size. Today, NVDA is $219.

You probably wish you bought into DeFi and tokenization in June when prices were lower. But this is a multi-year transformation of how finance works. If it plays out as I think it will, there is plenty of upside ahead. https://x.com/Matt_Hougan/status/2100658943676789165

## @BagCalls (BagCalls 🎒) · 09-17 18:34 · ♥91 ↻13 💬14 Things you love to see!!

Have been hearing that @Polymarket is looking to prioritize DeFi again, now starting to see it materialize

Excited to see what comes next for Poly! > 引用 @shayne_coplan: Calling all crypto twitter.

I'm proud to announce that Jacob Horne @js_horne has joined Polymarket. He will be working closely with me on product, in particular making Polymarket DeFi great again.

Jacob is amongst the best product and innovation minds in crypto. Before this, he was CEO of Zora. He built multiple beautiful products (I was one of the first users of the first version in 2020). Now he's got the PMF and distribution of Polymarket. I'm so excited to work with him.

We'll be hosting a Polymarket DeFi town hall soon to hear from our longtime users and lay out the plan to make the Polymarket DeFi product the best it’s ever been. In the meantime, DM your feedback to @js_horne or me and we'll action it.

To the DeFi community, we know the performance of the onchain product has waned as we've scaled, and it hurts us to hear the frustration of the people who love Polymarket and have supported us for so long thinking we’ve pivoted all focus to US, but just know we're working behind the scenes to unify the products and make Polymarket better than ever, across all surface areas. https://x.com/BagCalls/status/2100654756288999752

## @_abgweb3_ (ABG) · 09-17 17:37 · ♥92 ↻2 💬26 One thing I think gets overlooked about @Starknet is that scaling alone isn’t the end goal.

A blockchain can process thousands of transactions, but if applications are still difficult to use, scalability only solves half the problem.

This is where Starknet’s architecture gets interesting.

Cairo provides an environment built specifically for provable computation, while native account abstraction gives developers much more flexibility around how users interact with applications.

That opens the door to: → Smarter account logic → Batched transactions → Session keys → Gas sponsorship → Alternative authentication methods → Spending limits and custom permissions → More Web2 like onboarding experiences

Then you add the broader infrastructure around it: STARK proofs for scalable computation. $STRK for gas, staking and governance.

#Bitcoin integrations for bringing BTC liquidity into programmable applications.

Privacy infrastructure for shielded balances and transfers. And an ecosystem spanning DeFi, gaming, payments and infrastructure.

The bigger picture isn’t simply “make Ethereum faster.”

It’s about making onchain applications powerful enough underneath, but simple enough on the surface that users dont need to understand every blockchain interaction happening behind the scenes.

That’s the direction I find most interesting about Starknet. Better infrastructure matters. But better infrastructure + better UX is what can actually bring the next wave of users onchain. https://x.com/_abgweb3_/status/2100640288566063423

## @Web3Bish0p (DEFI - BISHOP) · 09-17 15:41 · ♥71 ↻11 💬28 GIVEAWAY LOADING 🚨💚

@EquityEdgeUK would be supporting some traders with accounts and you really don’t want to miss when it drops.

Stay tuned by clicking that follow button and turning on post notifications.

See y'all soon. https://t.co/xX8kcFnbcf https://x.com/Web3Bish0p/status/2100611149007876484

## @Defi_Warhol (DeFi Warhol) · 09-17 17:21 · ♥75 ↻10 💬14 Don't use @dexscreener.

Use these instead:

> @gmgnai

> @definedfi

> @birdeye_so

> @DEXToolsApp

> @GeckoTerminal

Missing anything? https://x.com/Defi_Warhol/status/2100636149438152720

## @BSCNews (BSCN) · 09-17 16:22 · ♥78 ↻9 💬12 What is the SEC's Innovation Exemption?

Today, September 17, 2026, the SEC granted a five-year exemption period for certain on-chain venues to trade tokenized securities of actual U.S.-listed stocks without registering as a securities exchange.

The "Innovation Exemption" is not a sandbox for experimental tokens.

It is a regulated route for tokenized NMS stocks, those listed stocks that trade on @NYSE and @Nasdaq, to be traded through automated market makers.

The effects of the exemption

(1) Tokenized Securities Venues (TSVs) will have a temporary exemption from the definition of “exchange” under the Exchange Act.

A TSV refers to venues where AMM liquidity pools are provided and that determine who can trade on them.

Buyers and sellers trade through smart contracts rather than a matching engine.

(2) Covered Firms that are liquidity providers are exempted from the “dealer” definition as they provide their own capital into those pools.

It is operational in nature. The platforms can now conduct on-chain stock trading operations, subject to certain conditions, as the Commission evaluates how the structure works.

There are some conditions:

- Restrictions on the maximum number of symbols and transaction volume, set in accordance with limit-up/limit-down tiers. T - Tokens shall confer the same rights as the underlying securities, including dividend payments and voting. - No synthetic assets. - Notice and an opportunity to object shall be provided in writing prior to third-party tokenization of any company’s securities. - Trading onchain must stop upon halt at the primary listing exchange. - Smart contracts shall be transparent, auditable, and deployed on a permissionless blockchain. - TSV must be a US person and OFAC-compliant. - Transaction information (price, size, date and time, pool address, daily volume) must be published periodically.

Exemptions will expire five years from publication.

What it is not...

Commissioner Hester Peirce made her point clear: This is no DeFi exception.

Permissionless P2P networks that don’t require any intermediary were never the objective.

It also does not definitively settle whether the venue is an exchange or whether the LPs are dealers.

The Commission wants to watch first.

It gives issuers the option to opt out. There are limits on size. It’s a permissioned model, not a permissionless one.

Meanwhile, the innovation could be a game changer for U.S. markets.

This is the first time that onchain trading of listed stocks has been allowed under U.S. securities legislation. https://x.com/BSCNews/status/2100621522335314133

## @graildoteth (Grail.eth) · 09-17 15:28 · ♥75 ↻8 💬16 How to get rich this cycle?

Simple:

Invest in and hold tight to those brand-new DeFi protocols on RHC that are building entirely new on-chain equity primitives that will be the new money legos of the tokenized stock DeFi ecosystem

RHC has gone from 0 to ~1B in onchain equity assets in just 2 months.

What the fuck do you think will happen over the next 12 months?

Explosive, monumental, exponential growth is what happens.

And what do you think happens to those brand-new DeFi protocols positioned right in the center of this narrative storm, building out the new-money legos around on-chain equities?

Yeah, I'm feeling very fucking good about my robinhood:0x15d36b6a28d8327abc7afabf0f106ae2c9af5c4d and robinhood:0xc4f730335fb9e439ca5552f7b52b8e638c4245b0 bags.

Both can be the next 9-figure DeFi protocols on RHC. I expect a LOT of attention coming to these once they go live to mainet and start building markets around their new DeFi primitives. > 引用 @SECGov: 🚨 TODAY: The SEC issued an order granting temporary, conditional exemptive relief to Tokenized Securities Venues from the definition of “exchange” in the Exchange Act to trade tokenized NMS stock using innovative permissioned automated market makers and liquidity pools. https://t.co/VDi7Oty2d9 https://x.com/graildoteth/status/2100607730994049331

## @Jampzey (Jampzey) · 09-17 18:06 · ♥90 ↻1 💬13 MAKE DEFI GREAT AGAIN > 引用 @shayne_coplan: Calling all crypto twitter.

I'm proud to announce that Jacob Horne @js_horne has joined Polymarket. He will be working closely with me on product, in particular making Polymarket DeFi great again.

## @bi_9527zx (DeFi狙击手 | Ai🕊️) · 09-17 14:41 · ♥71 ↻7 💬19 当你想了解币圈web3的时候，你最应该先看一下这条推文！

进币圈第一天，有人教你买币，有人教你开合约，还有人拉你领空投。

可区块链是什么，USDT和美元有什么区别，钱包里的钱到底放在哪，你可能还没弄明白。

基础还没学，就已经准备掏钱了。

我觉得这个顺序得换一下。今天从区块链开始聊，把新手刚进来会碰到的东西捋一遍。

一、区块链到底是什么？

你可以把它想成一本电子账本。

比如张三给李四转了1枚币，这笔转账就会留下记录。

网络里有很多电脑，按照共同的规则保存和核对这些记录，参与其中的电脑叫节点。

交易记录被分批放进一个个区块，区块之间前后关联，连起来就是区块链。

公链上的交易记录通常能公开查询，已经确认的历史记录也很难被随意篡改。

不过，这里别理解错了。能查到一笔交易，不代表做这笔交易的人靠谱。骗子发币、转账，同样会留下链上记录。

二、那比特币和区块链是什么关系？

区块链是一种记录和验证数据的技术，比特币是运用这项技术运行的数字货币系统。

比特币有自己的网络，BTC就是这个网络里的资产。

所以不能觉得，区块链就是比特币，或者除了比特币，其他都不叫区块链。

你经常听到的比特币挖矿，就是矿工投入算力，按照规则竞争记账，并获取相应奖励的过程。

其他网络可能用质押等方式参与验证和出块，规则不完全一样。后面遇到各种“挖矿”，也得分别看它具体在干什么。

三、为什么有这么多链，又有这么多币？

Bitcoin、Ethereum、Solana、BNB Chain，是不同的区块链网络。

BTC、ETH、SOL、BNB，分别是这些网络的原生资产。

但一条链上，还能发行很多其他代币。

比如一个项目在以太坊上发了一个叫X的代币，X和ETH就是两种资产。这个项目用了以太坊的网络，也不能理解成以太坊替它担保。

以后碰到一个陌生币，至少弄清楚它在哪条链上，对应的合约或标识地址是什么。

名字和图标都可能一样，只看名字去买，很容易认错。

四、智能合约又是什么？

就是放在链上、按代码规则执行的程序。

比如你在链上用一种币兑换另一种币，发起操作后，相关合约会按规则处理兑换。

围绕这些程序做出来的应用，你会经常看到它们被叫作DApp，也就是去中心化应用。

链上借贷、NFT交易，都可能用到智能合约。

别被“智能”两个字误导。它不会替你判断这个项目靠不靠谱，代码也可能有漏洞，有些合约还保留着管理员修改规则的权限。

另外，智能合约和交易时说的“开合约”，是两回事，后面讲。

五、大家天天说的U是什么？

很多交易场景里，大家说100U，指的是100 USDT。不过真要转账、付款，还是要把币种确认清楚。

USDT、USDC都属于美元稳定币，目标是让价格尽量跟踪1美元，方便报价和结算。

但它们不等于银行里的美元存款，也会有脱锚、发行方和赎回方面的风险。

还有，同一种稳定币可能出现在不同链上。

别人让你转USDT，光问地址还不够，也得问清楚接收方支持哪条网络。

这一步省不了。

六、钱包是什么？币真装在那个App里吗？

资产记录在链上，钱包帮你查看余额、管理密钥、签署操作。

刚接触钱包，把地址、私钥、助记词、钱包密码分清楚就很重要。

地址可以发给别人收款，也可以用来查询记录。

私钥用于签署操作，关系到对应账户的控制权。

常见钱包里的助记词，通常用来恢复一组账户。私钥和助记词都得严格保密，别截图存网盘，别发给客服，也别交给AI检查。

钱包App的密码，主要保护本地访问。

所以，私钥已经泄露了，你去改一下App密码，对方手里的私钥并不会跟着失效。

这件事一定得记住。

七、交易所和钱包有什么区别？

你在中心化交易所注册账户、充值、买卖，平台通常替你保管相关密钥。

平台内的买卖，通常先体现在平台自己的账本里。你申请提币到链上地址，才涉及对应的链上转账。

自托管钱包就不一样了，账户的控制凭证由你自己保管。怎么备份、怎么防止泄露，也得自己负责。

去中心化交易所通常需要连接钱包，通过签名调用合约来交易。

把钱放在中心化平台，要关注平台和账户安全。自己管钱包，要特别注意密钥、签名和授权。

别觉得用了其中一种，就可以不管风险了。

八、钱包里明明有钱，为什么转不出去？

有时候，你缺的可能是手续费。

Gas可以理解成网络处理交易需要支付的费用，具体用什么资产支付，要看网络和应用的安排。

比如用普通钱包在以太坊主网转USDT，通常还需要一点ETH支付Gas。

所以钱包里有100 USDT，不代表这笔转账需要的东西已经备齐了。

转账后，还会有一个TxHash，也就是交易哈希。把它放进对应的区块链浏览器，可以查询交易状态、地址和资产变化。

第一次转账，币种、网络、完整地址都要核对。有些平台还要求填写Memo或Tag，也就是备注或标签，并且可能有最低充值金额。

用符合要求的小额资金测试，确认真正到账，再处理剩下的。

别拿整笔钱试自己有没有选对网络。

九、买现货和开合约，差在哪里？

现货比较好理解，就是直接买卖资产。

比如你用USDT买了BTC，之后可以继续持有，也可以卖掉。

交易里说的合约，是围绕资产价格进行交易的衍生品，会涉及保证金、做多做空，有些还涉及杠杆、资金费率和强制平仓。

开了一笔BTC合约，不等于你的钱包里就多了对应数量的BTC。

杠杆会放大相对于保证金的盈亏。价格往不利方向走，保证金不满足要求，就可能被强平。

刚开始把现货的买入、卖出、挂单、撤单和手续费弄懂就够了。合约可以学，没必要一上来就拿真钱试杠杆。

前面提到的智能合约，是链上的程序，别把这两个“合约”混在一起。

十、一个币才几分钱，是不是很便宜？

这个问题，新手很容易想偏。

假设一个币价格0.01美元，但流通了1000亿枚，它的流通市值就是10亿美元。

计算很简单：

币价 × 流通数量＝流通市值。

光看一枚币的价格，没有把数量算进去，判断就容易出问题。

后面还要了解总量、有多少币没进入流通、什么时候解锁、主要筹码在谁手里。

流动性也很重要。

页面显示你的持仓值多少钱，和你全部卖出实际能拿回多少钱，可能有差别。买卖价差、滑点、价格冲击，都会影响最后成交的结果。

看到“涨了几十倍”，也别忘了问问，这个价格到底能卖出多少。

十一、NFT、DeFi、DAO这些，要不要学？

要了解，但不用刚进来就挨个花钱体验。

NFT是可以区分具体个体的代币，可以用于数字作品、游戏道具、门票、会员凭证等。买之前得查它具体给了什么权益，买到NFT并不等于自动获得作品版权。

DeFi指链上的金融应用，比如兑换、借贷、流动性提供。看到一个收益产品，要查收益谁在付，本金怎么退出，什么情况下会被清算或者发生损失。

DAO涉及提案、投票和共同管理事务。别光听“社区自治”，还得查谁有主要投票权，谁能执行决定，谁能动用资金。

Meme除了看传播和社区热度，也要查合约权限、筹码分布、池子深度和卖出风险。

链游、Web3社交、RWA、DePIN、AI这些，也可以慢慢了解。RWA涉及现实资产代币化，DePIN涉及去中心化物理基础设施，具体项目都得继续查它的产品、需求和收入。

空投、质押、打新这些参与方式，再单独补规则和成本。

知道一个赛道在干什么，和决定投钱进去，中间还有很多功课要做。

十二、弄懂这些以后，第一次操作注意什么？

我的建议是，用能承受损失的小额资金熟悉流程。

别借钱入场，生活费和应急资金也别动。刚亏一笔就想着加仓、加杠杆赚回来，很容易把原来的计划全打乱。

钱包弹出确认，弄清楚是转账、授权还是其他签名。看不懂就取消，别觉得不收Gas就肯定没风险。

长期存放资产的钱包，尽量和试新项目的钱包分开。别一边放着大额资金，一边到处连接陌生网站领东西。

下载钱包、进入交易平台，要核实官方入口。平台是否向自己所在地区提供服务，身份认证、出入金和当地税务有什么要求，也得提前查清楚。

交易记录可以简单点，记下为什么买、投入多少、准备什么情况下退出，最后实际赚亏多少。

后面再学K线、成交量、仓位管理、项目投研和链上数据，会更容易理解。量化、自动交易这些，也不用急着一步到位。

刚开始不认识这些词，很正常，谁都得有个熟悉的过程。

区块链、币、钱包、交易所、转账这些基础弄懂了，再挑自己感兴趣的方向往下学。

币可以晚点买。但每次点确认之前，至少得知道自己在允许什么，钱会往哪里去。 https://x.com/bi_9527zx/status/2100596112239558846

## @0xBispo (Defi Priest) · 09-17 17:13 · ♥77 ↻8 💬9 Already up 2X $PLONK ✝️🥷🏿

so much higher lol https://t.co/SiDyG8kl8Z > 引用 @0xBispo: You know what’s coming for $Plonk https://t.co/1OpzTbsjF9 https://x.com/0xBispo/status/2100634142551556453

## @dawninternet (DAWN) · 09-17 18:58 · ♥71 ↻3 💬18 DAWN is coming soon to @Kamino’s lending market, curated by @AllezLabs.

This brings more utility for sUSD.infra across @solana DeFi.

Stay tuned for more on our partnership with Kamino and Allez. 👀 https://t.co/hApMmjY7Os https://x.com/dawninternet/status/2100660793532436878

## @lefoudincarnam (Le fou d'Incarnam) · 09-17 16:33 · ♥72 ↻0 💬4 Récap journalier défi Incarnam 0 to 200 [Day 37]

Temps de jeu journalier : 4h

Lvl 185 (12%) - 1544.4M d'xp

Xp journalière : 58 M https://t.co/V8boYoVWRR > 引用 @lefoudincarnam: Récap journalier défi Incarnam 0 to 200 [Day 36]

Temps de jeu journalier : 5h

Lvl 184 (32%) - 1486.4M d'xp

Xp journalière : 88.4 M https://t.co/w04x4QVyrk https://x.com/lefoudincarnam/status/2100624141359427953