【数据：以太坊开发者活动创历史新高，2025 年 Q4 部署 870 万个智能合约】火星财经消息，Onchain Foundation 研究负责人 Leon Waidmann 援引 Token Terminal 数据在 X 平台发文表示，以太坊开发者活动创下历史新高。开发者正在进行开发而非投机，更多合约意味着更多 DApp、RWA、稳定币及基础设施，相关活动正加速进入 2026 年。以太坊作为核心执行与结算层的作用持续增强。

<div><p>【数据：以太坊开发者活动创历史新高，2025 年 Q4 部署 870 万个智能合约】火星财经消息，Onchain Foundation 研究负责人 Leon Waidmann 援引 Token Terminal 数据在 X 平台发文表示，以太坊开发者活动创下历史新高。开发者正在进行开发而非投机，更多合约意味着更多 DApp、RWA、稳定币及基础设施，相关活动正加速进入 2026 年。以太坊作为核心执行与结算层的作用持续增强。</p></div>

数据：以太坊开发者活动创历史新高，2025 年 Q4 部署 870 万个智能合约

[Data: Ethereum Developer Activity Hits Record High, 8.7 Million Smart Contracts Deployed in Q4 2025] According to Mars Finance, Leon Waidmann, Research Head at the Onchain Foundation, cited data from Token Terminal in an article published on the X platform, stating that Ethereum developer activity has reached an all-time high. Developers are engaged in development rather than speculation; more contracts mean more DApps, RWAs, stablecoins, and infrastructure, with related activity accelerating into 2026. Ethereum's role as the core execution and settlement layer continues to strengthen.

<div><p>[Data: Ethereum Developer Activity Hits Record High, 8.7 Million Smart Contracts Deployed in Q4 2025] According to Mars Finance, Leon Waidmann, Research Head at the Onchain Foundation, cited data from Token Terminal in an article published on the X platform, stating that Ethereum developer activity has reached an all-time high. Developers are engaged in development rather than speculation; more contracts mean more DApps, RWAs, stablecoins, and infrastructure, and this activity is accelerating into 2026. Ethereum&#39;s role as the core execution and settlement layer continues to strengthen.</p></div>

Data: Ethereum developer activity hits record high, with 8.7 million smart contracts deployed in Q4 2025.

Users of digital assets are increasingly concerned about filing crypto tax returns as on-chain volume continue to rise.
These issues are occurring against the backdrop of many countries adopting reporting frameworks...

Hidden costs of crypto profits: Why small investors struggle with tax filing.

Author: Dfarm

When talking about Polymarket, many people know that its core is: YES + NO = 1. But do you really understand this simple formula? Today, I'll explain Polymarket's shared order book in detail!

If you check Polymarket's official documentation, you'll find that the price calculation is explained as follows:

You might not fully understand it after reading this, but that's okay. Let me give you an example.

A torn dollar bill

Some people think YES 0.7 + NO 0.6...

A comprehensive explanation of Polymarket: Why must YES + NO equal 1?

Written by: Maitong MSX Researcher The past cannot be changed, but the future can still be shaped.

2025 has passed in the blink of an eye. This year, the global financial market underwent round after round of extreme stress tests: geopolitical fluctuations, volatile macroeconomic expectations, fading narratives, and liquidity divergence occurred intermittently. Meanwhile, tokenization quietly accelerated, driven by compliance and infrastructure development.

It can be said that from TradFi to Web3, two previously parallel forces are converging at an unprecedented speed, aiming at the on-chain and programmable nature of various financial assets.

To restore the market's "sentiment"...