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币圈人生099：去中心化交易所Variational DEX的崛起如何重写衍生品规则？ episode artwork

EPISODE · Apr 7, 2026 · 6 MIN

币圈人生099：去中心化交易所Variational DEX的崛起如何重写衍生品规则？

from 币圈人生 · host Ferrochild

在大多数人还在争论DEX和CEX谁更安全的时候，一个叫Variational的项目，已经悄悄换了一个问题：如果交易所不再赚手续费，而是自己做你的对手盘，会发生什么？如果亏损可以被“补偿”，流动性被关进一个内部循环，整个系统不再依赖外部做市商，这到底是进化，还是另一种更高级的收割方式？本期内容，将从底层机制、商业逻辑到行业格局，带你看清Variational背后的真实意图，以及它可能对未来加密市场带来的冲击。用本推荐码注册Variational，享受积分优惠 https://omni.variational.io/?ref=OMNI76Z3TWXS

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币圈人生099：去中心化交易所Variational DEX的崛起如何重写衍生品规则？

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