表现
RD 熱度指數
RD 增長指數
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| 0.07% | 21.22% | 24.78% | 18.14% | 22.42% | 189.82% |
收入和銷毀
協議收入
$210.09回購資金
--銷毀資金
--回購率
--協議資金趨勢
月度金額與比值
| 週期 | 協議收入 | 回購資金 | 銷毀資金 | 回購率 |
|---|---|---|---|---|
| 2026-11 | $210.09 | -- | -- | -- |
| 2026-10 | $3.41K | -- | -- | -- |
| 2026-09 | $1.85K | -- | -- | -- |
| 2026-08 | $839.9 | -- | -- | -- |
| 2026-07 | $1.91K | -- | -- | -- |
| 2026-06 | $2.66K | -- | -- | -- |
比較
Top 持有者
| 持倉地址 | Token | 持倉數量 | 佔比 | 價值 |
|---|---|---|---|---|
| 0x8d29...0a75 |   SPECTRA | 31,996,454.7 | 32% | $130.08K |
| 0x42bd...96a1 | SPECTRA | 31,898,848.4 | 31.9% | $129.68K |
| 0x1b82...dc9f | SPECTRA | 10,187,500 | 10.19% | $41.41K |
開放市場
| # | 交易所 | 交易對 | 價格 | +2% 深度 | -2% 深度 | 成交量(24小時) | 成交量% |
|---|---|---|---|---|---|---|---|
| 1 | SPECTRA/WETH | $0.00577 | $144 | $144 | $602 | 15.50% |
跟隨更新
跟隨列表
人物
關於Spectra
Spectra 是一個建立在以太坊及其他鏈上的收益衍生品市場。其核心業務是將未來收益代幣化：用戶將生息資產（如 sDAI 或 stETH）存入智能合約，並獲得兩種代幣——代表本金的 Principal Tokens（PT）與代表未來收益的 Yield Tokens（YT）。PT 可在到期時兌換為標的資產，而 YT 則可自由交易，讓用戶提前買賣未來收益。 其關鍵競爭優勢在於專為收益交易設計的 AMM，可優化時間衰減資產的定價，再加上 MetaVaults 能自動在不同到期期間遷移流動性。該協議無需許可且支援跨鏈，任何人都能為任何資產創建收益市場。 市場痛點：傳統固定收益市場不透明且缺乏流動性；DeFi 用戶缺乏對沖或投機未來收益的工具；當收益金庫到期時，流動性往往碎片化且需手動遷移。Spectra 透過將本金與收益分離為可交易代幣解決此問題，而 MetaVaults 則自動化展期流程。 近期發展（2026-03-01 至 2026-09-01）：2026 年 7 月，治理提案 SGP-20 生效，將每週 SPECTRA 發行量降至零（第 80 個 epoch 為最後一次發行）。此變更僅影響新代幣供應；協議交易、定期市場、MetaVaults 及費用生成均正常運作。儘管發行量減少，協議活動依然強勁——DEX 交易量超過 1.6 億美元，TVL 約為 4000 萬美元。2026 年 6 月，Spectra 透過 MetaVaults 在 Flare Network 上成功執行了 500 萬美元的 XRP 流動性展期，展示了在無市場干擾下跨到期期間的自動化遷移。 負面事件：2024 年，Spectra 遭受攻擊，損失約 55 萬美元。
Holder incentives: Governance proposal SGP-20 passed and took effect, cutting weekly SPECTRA emissions to zero from July 2, with epoch 80 as the final emission cycle; gauge voting, rebase, and the voting-incentives marketplace were paused, while veSPECTRA locks, governance, and treasury fee accrual remain — pool swap fees previously routed to voters now go to the DAO treasury.
Fundamentals: In 2026 nearly all protocol activity came from non-emission markets, with DEX volume above $160 million and TVL around $40 million. The token set an all-time low of $0.002 on June 24 and now carries a market cap near $2.31 million.
Spectra launched fixed-term markets for deJTRSY on Stellar in September 2026, its first deployment outside EVM chains, using an order book rather than an AMM and splitting the tokenised Janus Henderson treasury fund into PT and YT. deJTRSY is issued by Centrifuge and backed by U.S. Treasuries with zero to six months to maturity. Certora completed an audit of the cross-chain components on May 18, and GamiLabs seeded the initial markets.
Spectra Finance's market lets holders lock a fixed rate at a discount or hold YT to bet on short-term yield moves, with the order book handling price discovery.
Spectra Finance's Future strategy and roadmap: Next, Spectra plans to extend fixed-term markets to more non-EVM chains and RWA yield assets, improve cross-chain PT/YT settlement and liquidity incentives, and keep working with issuers such as Centrifuge to bring Treasuries and private credit into the same rate market.
Gaspard Peduzzi（共同創辦人）：Spectra Finance 的執行長，先前創立了 APWine。擁有 EPFL 的電腦科學背景。活躍於 Twitter @GaspardPeduzzi。 Ulysse R.（共同創辦人）：Spectra Finance 的核心貢獻者，擁有區塊鏈開發背景。LinkedIn：linkedin.com/in/ulydev。 Jean Chambras（共同創辦人）：Spectra Finance 的共同創辦人，先前為 APWine。於蘇黎世聯邦理工學院（ETH Zürich）和 EPFL 攻讀網路安全。LinkedIn：linkedin.com/in/jean-chambras。
Spectra Finance charges a swap fee on every iBT/PT pool trade; LPs receive a share proportional to their position, while the portion previously routed to veSPECTRA voters now flows to the Spectra DAO treasury under SGP-19 and is allocated 50/50 between ETH and USDC.