月之暗面（Kimi）半年多估值涨超10倍，K2.5后融资开始踩着模型发

【月之暗面（Kimi）半年多估值涨超10倍，K2.5后融资开始踩着模型发】7月29日消息，月之暗面完成F轮融资，金额超过35亿美元，投后估值达到350亿美元。这轮融资原计划最多募集20亿美元，估值约300亿美元，最终金额和估值都超过目标。公司已经开始启动Pre-IPO轮，投前估值达到500亿美元。去年12月底，月之暗面完成5亿美元融资，投后估值为43亿美元。若下一轮顺利完成，半年多时间里，公司估值将达到当时的11.6倍。这轮估值上涨从K2.5后明显加速。K2.5于1月底发布，随后完成超过7亿美元D轮融资；K2.6于4月发布，E轮20亿美元融资将估值推过200亿美元；K2.7Code于6月12日发布，同月F轮启动；K3于7月16日上线，F轮最终超额完成，估值升至350亿美元。从K2.5开始，月之暗面几乎每发布一代模型，就紧接着启动或完成一轮融资。模型升级也成了投资人重新给公司定价的直接筹码。(2026-07-29 18:33:42)

排名	#	交易平台	24H成交额	成交涨跌幅	活跃度
1	OKX 欧易OKX	$182.64亿	-11.45%	86.7%	86.7%
2	HTX 火币huobi	$26.61亿	0.44%	68.6%	68.6%
3	Binance 币安网	$391.77亿	-8.22%	85.4%	85.4%
4	Coinbase Coinbase	$9.04亿	-15.56%	69.3%	69.3%
5	Bybit Bybit	$108.23亿	-6.61%	65.3%	65.3%
6	Crypto.com Crypto.com	$12.53亿	-8.25%	53.3%	53.3%
7	Bitfinex Bitfinex	$2.01亿	18.84%	65.3%	65.3%
8	Kraken K网(Kraken)	$7.49亿	-8.73%	68.4%	68.4%
9	Upbit Upbit	$2.85亿	-21%	56.9%	56.9%
10	Bitget Bitget	$72.19亿	0.49%	71.1%	71.1%
11	Deribit Deribit	$4.46亿	5.27%	36.2%	36.2%
12	Gemini 双子星（Gemini）	$3,109.30万	-18.42%	59.5%	59.5%
13	BiKing 币王	$217.21亿	-0.43%	31%	31%
14	MEXC MEXC	$109.35亿	1.26%	76.2%	76.2%
15	Bithumb Bithumb	$1.39亿	-9.5%	66.9%	66.9%
16	gate.io 大门	$108.27亿	-12.15%	55.2%	55.2%
17	BitTap 币泰	$11.71亿	-6.53%	26%	26%
18	Hyperliquid Hyperliquid	$15.97亿	26.29%	46.9%	46.9%
19	Uniswap v3 (Base) Uniswap v3 (Base)	$1.08亿	-10.4%	31.5%	31.5%
20	bitFlyer bitFlyer	$1,693.33万	-21.01%	58.2%	58.2%

排名	#	币种	最新价	24H最高	24H最低	24H量	流通市值	24H涨跌幅
1	BTC 比特币	$ 64465.6	$6.47万	$6.27万	$5.02亿	$1.29兆	1.56%	1.56%
2	ETH 以太坊	$ 1914.49	$1,930.00	$1,856.88	$2.60亿	$2,310.67亿	1.96%	1.96%
3	XRP 瑞波币	$ 1.0845	$1.09	$1.05	$3,003.61万	$660.65亿	3.27%	3.27%
4	BNB 币安币	$ 570.5	$575.70	$563.60	$647.35万	$777.93亿	0.61%	0.61%
5	USDC USD Coin	$ 1.0009	$1.00	$1.00	$5,256.17万	$707.78亿	0%	0%
6	SOL Solana	$ 73.92	$74.58	$72.36	$5,018.62万	$418.79亿	0.98%	0.98%
7	TRX 波场	$ 0.3272	$0.33	$0.32	$192.40万	$309.92亿	0.61%	0.61%
8	DOGE 狗狗币	$ 0.07051	$0.07	$0.07	$1,315.40万	$118.62亿	0.77%	0.77%
9	BCH 比特现金	$ 212.3	$216.06	$209.30	$9.83万	$42.41亿	-0.36%	-0.36%
10	HYPE Hyperliquid	$ 54.94	$55.87	$54.03	$2,072.83万	$186.44亿	0.78%	0.78%
11	ADA 艾达币	$ 0.16375	$0.17	$0.16	$747.71万	$58.87亿	4.25%	4.25%
12	WBTC Wrapped Bitcoin	$ 64183.1	$6.42万	$6.27万	$7,953.02	$82.74亿	1.87%	1.87%
13	LEO UNUS SED LEO	$ 9.75	$10.21	$9.74	$2,172.04	$89.87亿	-0.62%	-0.62%
14	LINK ChainLink	$ 8.399	$8.51	$8.20	$44.21万	$56.95亿	1.29%	1.29%
15	XLM 恒星币	$ 0.1741	$0.18	$0.17	$57.86万	$56.43亿	2.01%	2.01%
16	LTC 莱特币	$ 45.39	$46.70	$44.96	$452.19万	$34.82亿	-2.53%	-2.53%
17	HBAR Hedera Hashgraph	$ 0.06839	$0.07	$0.07	$19.58万	$29.27亿	1.18%	1.18%
18	ZEC 大零币	$ 460.24	$479.10	$451.85	$471.24万	$75.83亿	-1.18%	-1.18%
19	AVAX Avalanche	$ 6.41	$6.64	$6.31	$192.25万	$27.58亿	-0.85%	-0.85%
20	SHIB Shiba Inu	$ 0.000004737	$0.00	$0.00	$283.40万	$27.91亿	2.11%	2.11%
21	SUI Sui	$ 0.6889	$0.70	$0.67	$331.11万	$26.12亿	0.68%	0.68%
22	CRO Cronos	$ 0.05503	$0.06	$0.05	$17.17万	$21.24亿	-0.47%	-0.47%
23	WLFI worldlibertyfinancial-education	$ 0.05496	$0.06	$0.05	$16.50万	$14.70亿	0.18%	0.18%
24	UNI Uniswap	$ 4.054	$4.06	$3.74	$685.99万	$25.75亿	5.62%	5.62%
25	DOT 波卡币	$ 0.76	$0.77	$0.75	$14.75万	$12.56亿	0.03%	0.03%
26	MNT Mantle	$ 0.4038	$0.40	$0.39	$9.94万	$13.14亿	0.92%	0.92%
27	PAXG PAX Gold	$ 4030.85	$4,043.92	$4,008.71	$47.30万	$15.35亿	0.2%	0.2%
28	ASTER Aster	$ 0.601	$0.62	$0.60	$18.69万	$15.00亿	-3.22%	-3.22%
29	AAVE Aave	$ 97.95	$102.15	$96.58	$614.08万	$15.00亿	1.06%	1.06%
30	HTX HTX	$ 0.0000017821	$0.00	$0.00	$9,129.14	$17.82亿	0.72%	0.72%
31	TAO Bittensor	$ 193.88	$198.23	$185.20	$197.62万	$20.49亿	3.18%	3.18%
32	OKB OK币	$ 84.82	$86.77	$82.20	$29.91万	$17.81亿	-0.78%	-0.78%
33	PEPE Pepe	$ 0.000002748	$0.00	$0.00	$540.58万	$11.56亿	-2.31%	-2.31%
34	ETC 以太经典	$ 6.706	$6.80	$6.63	$23.26万	$10.40亿	-0.05%	-0.05%
35	NEAR NEAR Protocol	$ 1.587	$1.68	$1.57	$692.03万	$20.39亿	-4.51%	-4.51%
36	ICP Internet Computer(Dfinity)	$ 2.084	$2.13	$2.06	$22.71万	$11.38亿	-1.18%	-1.18%
37	PI Pi Network	$ 0.07991	$0.08	$0.07	$127.15万	$6.70亿	5.81%	5.81%
38	WLD Worldcoin	$ 0.3057	$0.33	$0.30	$669.51万	$8.27亿	-5.17%	-5.17%
39	ATOM 阿童木	$ 1.287	$1.32	$1.28	$8.19万	$6.27亿	-1.3%	-1.3%
40	FDUSD First Digital USD	$ 0.998	$1.00	$1.00	$2,331.35万	$9.81亿	-0.05%	-0.05%
41	ENA Ethena	$ 0.08158	$0.09	$0.08	$437.26万	$6.49亿	-1.91%	-1.91%
42	USDD USDD	$ 0.9985	$1.00	$1.00	$23.10万	$8.54亿	-0.1%	-0.1%
43	KAS Kaspa	$ 0.0278	$0.03	$0.03	$27.79万	$7.53亿	0%	0%
44	QNT Quant	$ 60.4	$61.88	$59.56	$3.32万	$7.29亿	-1.74%	-1.74%
45	ALGO Algorand	$ 0.07943	$0.08	$0.08	$8.15万	$7.02亿	-1.46%	-1.46%
46	FLR Flare	$ 0.006321	$0.01	$0.01	$5.13万	$5.23亿	1.59%	1.59%
47	XDC XDC Network	$ 0.02713	$0.03	$0.03	$5.15万	$5.18亿	-0.62%	-0.62%
48	APT Aptos	$ 0.5709	$0.59	$0.57	$41.80万	$4.29亿	-1.9%	-1.9%

月之暗面（Kimi）半年多估值涨超10倍，K2.5后融资开始踩着模型发

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