Apia, Samoa, 17 ga Satumba – HTX Research, sashin bincike na HTX, ya wallafa wani sabon rahoto mai taken Stock-Linked Memecoins: Issuance, Liquidity, and the Emerging AMM Stack. Bincike ne na tsari kan wani sabon nau'in kadara da ya bayyana bayan ƙaddamar da Robinhood Chain. Waɗannan memecoins ana haɗa su kai tsaye da alamun hannun jari kamar NVDA, TSLA, HIMS, da MU, ta yin amfani da su a matsayin kadara mai ƙima, ginshiƙin labari, ko tushen ruwa. Rahoton ya gano cewa suna haɗa gano farashin hannun jarin jama'a, hankalin crypto, ajiyar AMM, da jin daɗin da ake ciniki akai-akai cikin tsarin kasuwa guda ɗaya. Hujjar haɓaka na ɗan gajeren lokaci tana nan, amma dorewa ya dogara da cika sharuɗɗa huɗu a lokaci guda.
Sabon Tsarin Kasuwa
Stock-linked memecoin shine fallasa hannun jari na mataki na biyu. Alamar hannun jari tana ba da ginshiƙin farashi na mataki na farko, yayin da memecoin ɗin ke ciniki kan al'ada, abubuwan da suka faru, da jin daɗin da ke kewaye da wannan hannun jarin, sau da yawa tare da sauye-sauye fiye da na asali. Ya fi kusa da wakilin hankali kan jigon hannun jari fiye da wakilin hannun jari da aka tsara bisa doka.
Robinhood Chain ya dace sosai da wannan gwaji. Robinhood yana kawo sanannen alamar hannun jarin dillalai da alamun hannun jari masu sanannun alamun kamfani maimakon labarin RWA mara tushe. Uniswap ya zama babbar wurin ruwa tun daga ƙaddamarwa. Kuma O1 Launchpad ya mayar da tsarin ya zama samfur: zaɓi alamar hannun jari, ƙirƙiri memecoin, buɗe kasuwar Uniswap v4, kuma raba kuɗaɗen ciniki. Tun daga 8 ga Satumba, 2026, DeFiLlama ya ruwaito kusan dala miliyan 901 a TVL na Robinhood Chain da dala biliyan 1.727 a cinikin DEX na awa 24.
Hanyoyin Multi-Hop da Masu Karɓar Haraji kan Hankali
Kamun ƙima ya wuce memecoin ɗin kansa. Mai ciniki da ke siyan stock-linked memecoin na iya motsawa daga WETH zuwa USDG zuwa alamar hannun jari sannan a ƙarshe zuwa memecoin ɗin, inda oda ɗaya ke samar da kuɗaɗe ga wuraren ruwa da yawa a hanya. A lokacin ɗan gajeren hauhawar hankali, yawan ciniki yana ƙaruwa sosai yayin da ruwa ya kasance kaɗan, kuma masu samar da ruwa suna zama masu karɓar haraji mafi kai tsaye a cikin yanayin muhalli kan hankali.
Kuɗaɗe masu yawa, duk da haka, ba su nufin riba mai yawa ba. Haɗari kamar matsayi marasa iyaka, ajiya ta gefe ɗaya, asarar da ba ta dindindin, rufewar kasuwar hannun jari, ƙari ko ragi na alamar hannun jari, da raguwar darajar alamar ƙarfafawa duk na iya wuce kuɗaɗen da ake bayyanawa. Kamar yadda HTX Research ya jaddada, kuɗaɗe diyya ce ga haɗari, ba riba kyauta ba. LPs suna ɗaukar haɗarin cika akai-akai akan farashi mara kyau, yayin da masu ciniki ke ɗaukar haɗarin zaɓin alamar da ba daidai ba.
Ruɗin APY na 100,000%
Sharhin kasuwa ya ambaci APY da aka nuna sama da 100,000% don samar da ruwan Uniswap v4 mai kuɗaɗe masu yawa ga stock-linked memecoins. Rahoton ya rushe wannan adadi, yana lura cewa ɗan gajeren lokacin lura, hauhawar yawan ciniki kwatsam, ƙaramin tushen TVL, da ƙarin haɓaka haɗe-haɗe duk abin da ake buƙata don nuna ƙimar shekara mai tsanani. Idan matsayi na $100,000 ya sami $200 a cikin awa ɗaya, haɓaka shekara mai sauƙi yana samar da kusan 1,752%, kuma haɗa-haɗe na kowace awa yana mai da shi lamba mai girman gaske. Ma'aunin shekara kuma yana watsi da tasirin ƙididdiga: lokacin da memecoin ya rushe, raba kuɗaɗen da ba su canza ba da ƙaramin TVL na ƙarshe yana ƙara yawan amfanin da aka nuna.
Rahoton ya ba da shawarar gwaji mafi ƙarfi: ma'aunin rufe kuɗaɗe, wanda aka ayyana a matsayin kuɗaɗen da aka samu da ƙarfafawa da aka samu raba da asarar dangane da mai sauƙi na riƙe fayil, kuɗaɗen sake daidaitawa, da kuɗaɗen kariya. Ma'auni sama da ɗaya ne kawai ke nuna cewa yin kasuwa ya biya diyya ga haɗarinsa. APY mai yawa har yanzu yana ɗauke da ƙimar bayanai a matsayin sigina na yawan kwararar oda dangane da zurfin tasiri, kuma ƙwararrun LPs na iya ɗaukarsa a matsayin radar kwarara maimakon alkawarin riba.
Sharuɗɗa Huɗu da Tambayoyi na Gaskiya
HTX Research ya gano tambayoyi huɗu da za su tantance ko stock-linked memecoins za su samo asali daga gwajin onchain zuwa tsarin kasuwa mai dorewa: Shin ainihin masu amfani da Robinhood suna motsawa onchain? Shin fansa da farashin alamar hannun jari suna kasancewa cikin kwanciyar hankali a lokacin matsanancin motsi da rufewar kasuwa? Shin fitarwa daga O1 da makamantan dandamali suna haɓaka zurfin kasuwa mai gefe biyu bayan kwana bakwai da talatin? Shin AMMs na iya kiyaye zurfin tasiri da yawan ciniki na halitta yayin da tallafi ya ragu? Idan amsoshin biyu eh ne, stock-linked memecoins na iya zama babban fage mai sauye-sauye don intanetization na hannun jari, tare da dandamalin fitarwa da AMMs suna samar da sabon tsarin kasuwa. Idan ba haka ba, jin daɗin yanzu mai yiwuwa gwaji ne na wucin gadi wanda ƙaramin float, tallafi mai yawa, fitarwa mai arha, da hankali na wucin gadi suka haɓaka. Ko ta yaya, APY na 100,000% bai kamata ya zama manufar ƙarshe ta bincike ba. Kamar yadda HTX Research ya lura, tambayoyi masu mahimmanci sune wa ke biyan kuɗin, wa ke riƙe da ajiya, wa zai iya fita, wa ke sarrafa sigogin yarjejeniya, da ko kudaden shiga zai tsira bayan ƙarfafawa ya ƙare. Wannan yana nuna hanyar HTX Research mai daidaito ga sabbin siffofin kasuwa — rarraba tsari, danganta kuɗaɗe, da tushen haɗari kafin yanke shawara daga manyan lambobi. HTX Research zai ci gaba da bin diddigin fitarwa, ruwa, da sauye-sauyen abun da masu amfani suka ƙunsa a fadin Robinhood Chain da makamantan yanayin muhalli, yana ba da bincike na tsari wanda ya dogara da bayanan onchain. Game da HTX Research HTX Research shine sashin bincike na musamman na HTX Group, wanda ke da alhakin gudanar da bincike mai zurfi, samar da cikakkun rahotanni, da bayar da ƙwararrun kimantawa a fannonin da suka haɗa da cryptocurrency, fasahar blockchain, da sabbin abubuwan da ke faruwa a kasuwa. Da yake jajircewa wajen samar da fahimtar da bayanai ke jagoranta da hangen nesa na dabaru, HTX Research yana taka muhimmiyar rawa wajen tsara ra'ayin masana'antu da tallafawa yanke shawara mai fa'ida a cikin sararin kadara na dijital. Ta hanyoyin bincike masu tsauri da nazari na zamani, HTX Research yana kan gaba wajen ƙirƙira, yana haɓaka jagorancin tunani da haɓaka fahimta mai zurfi game da sauye-sauyen yanayin kasuwa. Ziyarce mu. Haɗa da Ƙungiyar Bincike ta HTX: research@htx-inc.com
Tambayoyin da ake yawan yi
Ga jerin tambayoyin da ake yawan yi game da nazarin HTX Research kan stock-linked memecoins da aka rubuta cikin sautin tattaunawa na halitta
Tambayoyin Masu Farawa
Menene stock-linked memecoins
Wani sabon nau'in alamar cryptocurrency ne wanda darajarsa ta dogara da aikin wani hannun jari na musamman amma tare da yanayin nishaɗi da yaɗuwa na memecoin Suna aiki kamar sauƙaƙƙen sigar crypto na hannun jari
Yaya wannan ya bambanta da memecoin na yau da kullum kamar Dogecoin
Farashin memecoin na yau da kullum al'adar intanet da jin daɗin al'umma ne kawai ke tafiyar da shi Stock-linked memecoin yana da ƙarin Layer farashinsa kuma aikin gaske na hannun jarin kamfanin da yake wakilta yana shafar shi
Me ya sa wani zai saya ɗaya
Don manyan dalilai biyu Hasashe da Samun Dama Yana ba masu amfani da crypto damar samun fallasa ga motsin hannun jari kai tsaye daga walat ɗin crypto ɗinsu 24/7
Shin da gaske na mallaki hannun jarin
A'a Kana mallakar alamar crypto ba kaso na kamfanin ba An tsara alamar don yin kama da farashin hannun jarin amma ba ka samun rabon riba ko haƙƙin jefa ƙuri'a ko wata fa'ida ta ainihin mallakar hannun jari
A ina zan iya saya su
Yawanci ana ciniki da su a musayar da ba ta tsakiya ba da wasu musayar crypto na tsakiya HTX Research ya lura cewa ruwa sau da yawa yana mai da hankali kan takamaiman dandamali da ke tallafawa waɗannan kadarorin roba
Tambayoyin Matsakaici
Yaya waɗannan alamun suke haɗi da kadarorin hannun jari
Yawanci yarjejeniya tana riƙe da ainihin hannun jarin a ajiya Sannan tana fitar da memecoins waɗanda aka haɗa 1:1 da darajar wannan hannun jarin Ana kiyaye farashin memecoins ta hanyar arbitrage da kwangiloli masu hankali
Menene babban fa'ida ga kasuwar crypto
Yana ƙirƙirar sabuwar gada don ruwa Masu ciniki na crypto waɗanda ba sa amfani da dillalin hannun jari yanzu za su iya yin hasashe kan hannun jari Wannan yana kawo sabon kuɗi da yawan ciniki cikin yanayin muhallin crypto musamman a lokacin sauye-sauyen kasuwar hannun jari
Menene manyan haɗari
Haɗarin Ka'ida Wannan shine babban Mai yiwuwa masu kula su rarraba waɗannan a matsayin takardun shaida marasa rijista wanda zai iya rufe su