KA
Kava生态系统 Sector
Overall strength 1.5LiveL1 · INFRA
No sector overview available.
Sector performance · Market comparison
Sector index (base: 2024-10-01 = 100)
111.29-1.64% (30D)
BTC change over the same period
-0.14% · Outperformed by -1.5pp
Loading...Leader analysis · Top 3 depth
Tether
USDT · CeFi · 稳定币发行商 · Sector share 95.9%
$0.99914655+0.00% · 24H
Market cap$184.05B
FDV$184.05B
Turnover25%
Sector share95.9%
Why it leads: USDT是生态内最核心的流动性底座，覆盖交易、结算与跨链资金周转，市值与成交规模远超同类，决定了Kava生态的资金效率和使用深度。
Ethena USDe
USDE · Sector share 2.1%
$0.99975298+0.00% · 24H
Market cap$4.01B
FDV$4.01B
Turnover2%
Sector share2.1%
Why it leads: USDe代表收益型稳定币叙事，兼具稳定性与资金利用率，能吸引追求收益的链上资金进入生态，是Kava稳定币结构升级的重要抓手。
Ethena Staked USDe
SUSDE · Sector share 0.8%
$1.239+0.00% · 24H
Market cap$1.58B
FDV$1.58B
Turnover0%
Sector share0.8%
Why it leads: sUSDe进一步放大收益属性，适合承接长期持有与再质押需求，虽流动性较弱，但在收益竞争中提升生态黏性和资金留存。
Sector constituent tokens
| # | Token | Rating | |||||
|---|---|---|---|---|---|---|---|
| 9 |  STGStargate Finance | $0.14335515 | +1.94% | -14.23% | $20.20M | $12.31M | B+ |
| 1 |  ENAEthena | $0.08511592 | +1.29% | +10.94% | $812.79M | $134.34M | B+ |
| 20 |  TIGERTiger Scrub Money | $8.6456 | +0.87% | 0.00% | -- | $618.35 | C |
| 6 |  WETHBridged Wrapped Ether (Stargate) | $1,888.31 | +0.37% | 0.00% | $147.15K | $75.88 | C |
| 15 |  AXLUSDTAxelar Bridged USDT | $0.99700476 | +0.05% | 0.00% | -- | $38.42 | C |
| 19 |  LIONLion Scrub Money | $0.01596329 | +0.03% | 0.00% | -- | $4.19 | C |
| 16 |  AXLUSDCAxelar Bridged USDC | $0.99982657 | +0.01% | -0.05% | -- | $441.97K | C |
| 5 |  USDTTether | $0.99914655 | +0.00% | -0.07% | $184.05B | $45.30B | A+ |
| 8 |  HARDKava Lend | $0.00045012 | 0.00% | 0.00% | $60.67K | $22.47 | C |
| 11 |  USDEEthena USDe | $0.99975298 | +0.00% | +0.09% | $4.01B | $72.53M | B+ |
| 13 |  SUSDEEthena Staked USDe | $1.239 | +0.00% | -0.66% | $1.58B | $6.43M | B+ |
| 14 |  ACSACryptoS | $0.10837716 | 0.00% | 0.00% | -- | $1.35 | C |
| 17 |  BEARBear Scrub Money | -- | 0.00% | 0.00% | -- | -- | C |
| 18 |  HKAVAhKAVA | -- | 0.00% | 0.00% | -- | -- | C |
| 4 |  M-BTCMerlin's Seal BTC | $62,521.79 | -0.99% | 0.00% | $605.84M | $1.61K | C |
| 3 |  WAGMIWagmi | $0.00035991 | -1.17% | 0.00% | $669.27K | $603.06 | C |
| 10 |  GBYTEObyte | $4.4224 | -1.21% | 0.00% | $4.15M | $5.06K | C |
| 7 |  AXLETHAxelar Wrapped Ether | $1,883.4 | -1.61% | 0.00% | $104.91K | $1.98K | C |
| 12 |  TAROTTarot | $0.03043862 | -1.90% | +0.75% | $2.06M | $3.63K | C |
| 2 |  ATOMCosmos Hub | $1.5298 | -2.60% | -1.74% | $795.08M | $25.13M | C |
Investment thesis · AI synthesis
Bull case · 4
稳定币赛道天然具备高频流动性需求，生态资金周转效率较强。
7日净流入为正，说明仍有资金在配置该板块。
USDT提供基础盘，USDe与sUSDe补充收益叙事，结构更完整。
在弱市中，稳定币资产通常更容易获得避险与停泊资金。
Bear case · 3
板块近7日估算资金流为负，短线热度与持续性偏弱。
收益型稳定币竞争激烈，叙事容易被更大平台分流。
sUSDe流动性和交易活跃度较低，扩散效应有限。
Sentiment & KOL positions
AI sentiment (last 7D)Bullish 57% · Neutral 0% · Bearish 43%
Bullish 57%Bearish 43%
Kava生态以稳定币为核心，适合做防守型配置与流动性观察，短线偏中性，等待资金回流确认。
Key event timeline · From emergence to present
2020-09协议发布
Kava 生态主网与 DeFi 叙事成形
Kava 生态围绕借贷、跨链与稳定币应用开始成型，成为早期 Cosmos 相关 DeFi 叙事的重要入口。
2021-05生态扩张
跨链资产与借贷场景扩展
随着多链热度升温，Kava 借贷与资产桥接场景获得更多关注，生态参与度和资金活跃度同步提升。
2021-11机构入场
机构与做市关注度上升
在高波动市场环境下，Kava 作为跨链 DeFi 基础设施获得更多机构与做市关注，板块流动性预期改善。
2022-06风险点
熊市回撤压制生态热度
加密市场整体回撤后，Kava 生态热度明显降温，资金更偏向防守，链上活跃与估值预期承压。
2023-03协议发布
Kava 4 相关升级强化产品叙事
生态围绕借贷效率、跨链体验与应用可用性持续迭代，推动市场重新关注 Kava 的基础设施定位。
2024-02板块兴起
Cosmos 与跨链资金轮动带动重估
随着跨链与 Cosmos 相关资产轮动升温，Kava 生态重新进入视野，板块情绪和相对估值出现修复。
2025-01生态扩张
桥接资产与头部资产占比提升
生态内桥接资产与头部资产的存在感增强，Kava 相关组合的资金承接与结构性热度有所改善。
2026-06估值修复
近期热度回升但资金仍偏谨慎
近期板块热度回升，Kava 生态表现相对活跃，但净流仍偏谨慎，市场更关注持续性与风险控制。
News Updates
Live syncLoading...
Comments