727 FinanceUniswap v4 ya ƙaddamar da aggregator Hooks, yana haɗa liquidity na waje daga Curve, Fluid, PancakeSwap, da sauransu cikin daidaitattun wuraren v4, kuma yana jagorantar kuɗaɗen zuwa ga ƙonewar UNI. Wannan mataki ne zuwa ga zama "maƙalar liquidity ta kan sarkar," amma ribar ɗan gajeren lokaci a cikin kamun ƙimar UNI har yanzu ya dogara da ko ana cajin kuɗi a kan wuraren da ke da yawan zirga-zirga.
Asali | Odaily Planet Daily
Marubuci | Golem
A ranar 22 ga Oktoba, Uniswap v4 ta sanar da ƙaddamar da fasalin Aggregator Hooks. Aggregator Hooks na iya haɗa hanyoyin samar da ruwa na waje cikin daidaitattun wuraren ajiya na v4, kuma tuni yana goyan bayan hanyoyin waje guda 7 da suka haɗa da Curve, Fluid, da PancakeSwap, wanda ya shafi Ethereum mainnet, Base, da Robinhood Chain. Ƙungiyar ta bayyana cewa wannan ya sa Uniswap ta iya rufe sama da 90% na ayyukan DEX a waɗannan sarƙoƙi.
Wanda ya kafa Uniswap shi ma ya wallafa [yana bayyana](https://x.com/haydenzadams/status/2113293384601268636?a=3wSPrAG4-GBX109RHXk&s=20" \t "https://www.odaily.news/zh-CN/post/_blank") cewa ta hanyar haɗa dabarun aggregator cikin hooks na Uniswap v4, tare da wannan haɗin gwiwa, Uniswap API da APP babu shakka sune mafi kyawun aggregator a kasuwa.
Amma ko da mako guda bayan ƙaddamarwa, mai yiwuwa masu amfani ba su da ƙarfin fahimtar ƙwarewar Aggregator Hooks. Wannan saboda lokacin da masu amfani ke ciniki ta Uniswap, router ɗin yana avtomatik kwatanta farashi tsakanin wuraren ajiya na asali da waɗannan wuraren ajiya da aka haɗa sannan yana zaɓar hanya mafi kyau, ba tare da buƙatar masu amfani su kunna wani abu da hannu ko ba da wani izini ba. Ga masu saka hannun jari, abin da ya fi muhimmanci game da wannan fasalin shi ne Uniswap har yanzu tana karɓar kuɗi akan cinikayyen da aka bi ta waɗannan wuraren ajiya da aka haɗa, kuma tana amfani da kuɗin don ƙona UNI.
Ta hanyar Aggregator Hooks, Uniswap v4 tana kama kuɗin da ake samu daga ruwan da ba ta mallaka ba, wanda ke ƙarfafa tsarin ƙona UNI. Wannan kuma yana nufin Uniswap tana tafiya zuwa zama "ƙofar shiga ruwan onchain," tana sauya daga samar da ruwa zuwa rarraba ruwa.
Uniswap tuni ita ce DEX mafi girma a onchain, tare da jimillar adadin ciniki da ya daɗe ya zarce dala tiriliyan 10. Amma ta fuskar amfani na gaske, tare da ci gaban walatoci da nau'ikan aggregators na ruwan onchain daban-daban, yawancin masu amfani ba sa yin mu'amala kai tsaye da Uniswap APP. Ko da yake Uniswap ita ma an haɗa ta sosai cikin walatoci da aggregators marasa adadi, kuma matsayin Uniswap da gaske bai ragu ba, amma muhimmancin gaban Uniswap ya zama ƙasa da ƙasa.
Uniswap v4 Aggregator Hooks suna canza wannan yanayi. Aggregator Hooks suna ba masu amfani ruwa mai zurfi da ingantaccen aiwatarwa ba tare da canza ƙwarewarsu ba, wanda zai iya ba gaban Uniswap damar sake samun gasa a kasuwa.
Yayin da take aiki a matsayin kayan more rayuwa da ke samar da ruwa, Uniswap kuma tana son zama ƙofar shiga ruwa don cinikayyen da aka bi ta hanyoyi. Uniswap tana tafiya zuwa tsarin Jupiter.
Jupiter ita ce aggregator mafi shahara a cikin tsarin Solana. A cewar bayanan DefiLlama, aggregator ɗin Jupiter ya bi hanyoyin ciniki da jimillar adadin da ya zarce dala tiriliyan 1.3. Jimillar adadin cinikayyen DEX aggregator na Solana cikin kwanaki 30 da suka gabata ya kai kusan dala biliyan 27.115, wanda Jupiter ta kasance kusan dala biliyan 13.354, wato kusan kashi 49.3%, tana matsayi na farko. A tarihi, Jupiter har ma ta taɓa mamaye sama da 90% na adadin cinikayyen aggregator na Solana.Tabbas, Jupiter ba ya aiki ne kawai a matsayin mai tattara bayanai. Adadin cinikinsa na DEX a cikin kwanaki 30 da suka gabata ya kai kusan dala biliyan 2.24, kuma adadin cinikin kwangilolin dindindin ya kai kusan dala biliyan 4.01. Jupiter yana jagorantar da tattara kudin ruwa a duk fadin yanayin Solana yayin da yake gudanar da nasa kayayyakin a ciniki, kayan da aka samu daga ciniki, da sauran kasuwanci. Yadda ka'idojin waje ke samar da kudin ruwa mai yawa, haka mai tattara bayanai ke da damar samar wa masu amfani da mafi kyawun aiwatar da ciniki; kuma yadda masu amfani suka saba shiga kasuwa ta hanyar Jupiter, haka kayayyakin Jupiter ke da damar kama kwararar ciniki.
Uniswap yana son kwafin wannan dabarar a cikin yanayin EVM, bambancin shi ne cewa ya fara samun fa'ida wajen samar da kudin ruwa.
Tare da Aggregator Hooks, Uniswap v4 yana kawo kudin ruwan ka'idojin waje kai tsaye cikin hanyoyin cinikinsa, don haka masu amfani ba sa bukatar barin APP na Uniswap. Idan Aggregator Hooks za su iya ci gaba da inganta farashi da kwarewar aiwatarwa, to a nan gaba Uniswap zai sami damar sarrafa duka samar da kudin ruwa da rarraba kwararar ciniki.
Aggregator Hooks na Uniswap v4 ba lallai ba ne su kasance mara kyau ga sauran DEX da ke samar da kudin ruwa. Wannan ya fi kama da cin nasara tare, domin za su iya amfani da Uniswap a matsayin hanyar rarrabawa mai inganci sosai kuma har yanzu suna samun riba daga cinikin masu amfani; Uniswap kuma zai iya kammala sauyinsa daga kayan more rayuwa na samar da kudin ruwa zuwa "layin jagoranci."
Duk da haka, tasirin Aggregator Hooks na Uniswap v4 na ɗan gajeren lokaci kan ƙarfafa ikon kama darajar UNI na iya zama iyaka.
Aggregator Hooks na Uniswap v4 sun fara aiki ne kawai mako guda da ya gabata, kuma babu wani bayanai na hukuma ko na ɓangare na uku da ke sa ido daban kan cinikin da aka yi ta hanyar Aggregator Hooks. Saboda haka, yana da wahala a lissafta adadin cinikin da Aggregator Hooks na Uniswap v4 suka jagoranta da kuma adadin kuɗin da suka samar. Duk da haka, bayanan da ɗan bulog ɗin crypto [@0xtunad](https://x.com/0xtunad/status/2113415036777693220?a=AxCJc2eB51hWCFAoxwo&s=20" \t "https://www.odaily.news/zh-CN/post/_blank") ya tattara game da ƙaddamar da Aggregator Hooks na Uniswap v4 suna ba da ɗan ƙima.
Sun gano cewa Aggregator Hooks na Uniswap v4 sun kammala cinikinsu na farko tun a watan Afrilu na wannan shekara. Ya zuwa lokacin bugawa a ranar 22 ga Oktoba, sun kammala ciniki 88,101 a cikin sarƙoƙi uku, tare da jimillar adadin ciniki da ya kai dala biliyan 2.85. Duk da haka, kashi 85% na wannan ya fito ne daga LitePSM na Sky, wato musayar tsakanin USDC da USDS, wanda Uniswap ya caje kuɗi na 0.
Sakamakon haka, ko da yake Aggregator Hooks na Uniswap v4 sun jagoranci biliyoyin daloli na adadin ciniki a cikin watanni 6 da suka gabata, kuɗin da aka tattara ya kasance dala 2,059 kawai (ƙimar kuɗi daga 0.01% zuwa 0.10% na adadin ciniki), kuma duk waɗannan kuɗin sun shiga cikin kwangilar TokenJar na Uniswap.Dalilin da ya sa Uniswap ba ya ɗaukar kuɗi a kan wuraren ajiyar kuɗi na Sky's liquidity pools mai yiwuwa shine gwaji na haɗin gwiwa, tunda ranar ƙaddamar da aka sanar a hukumance ita ce 22 ga Oktoba. Amma wannan kuma yana tayar da wata babbar tambaya: ko Uniswap v4 Aggregator Hooks zai iya ƙarfafa ikon UNI na ɗaukar ƙima ya dogara ne da ko zai kunna maɓallin cajin kuɗi don wuraren ajiyar kuɗi na waje masu yawan ma'amala.
Kuɗin yarjejeniya da Aggregator Hooks ke ɗauka a ƙarshe masu amfani ne ke biya kuma ba shi da alaƙa da sauran dandamali da aka haɗa. Ga wasu wuraren ajiyar kuɗi marasa zurfi, masu ƙarancin ma'amala, masu amfani za su yarda su biya ƙarin don sauƙi, amma ga wuraren ajiyar kuɗi masu yawan ma'amala, masu amfani masu kula da kuɗi ba za su yarda da shi cikin sauƙi ba, kuma waɗannan masu amfani su ne ainihin waɗanda suka fi yawan yin ciniki.
Don haka, idan Uniswap yana son jawo hankalin waɗannan masu amfani, yana iya kuma ƙin kunna maɓallin cajin kuɗi don wuraren ajiyar kuɗi masu yawan ma'amala a farkon matakin Aggregator Hooks, don haka ainihin tasirin ɗan gajeren lokaci a kan ikon UNI na ɗaukar ƙima yana da iyaka.