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	$187.71亿	-11.12%	86.7%	86.7%
2	HTX 火币huobi	$26.89亿	0.45%	68.6%	68.6%
3	Binance 币安网	$400.74亿	-8.3%	85.4%	85.4%
4	Coinbase Coinbase	$9.39亿	-15.19%	69.3%	69.3%
5	Bybit Bybit	$112.24亿	-6.77%	65.3%	65.3%
6	Crypto.com Crypto.com	$12.55亿	-8.23%	53.3%	53.3%
7	Bitfinex Bitfinex	$2.02亿	18.82%	65.3%	65.3%
8	Kraken K网(Kraken)	$7.22亿	-8.74%	68.4%	68.4%
9	Upbit Upbit	$2.87亿	-21.43%	56.9%	56.9%
10	Bitget Bitget	$71.67亿	0.51%	71.1%	71.1%
11	Deribit Deribit	$4.43亿	5.43%	36.2%	36.2%
12	Gemini 双子星（Gemini）	$3,010.74万	-18.15%	59.5%	59.5%
13	BiKing 币王	$220.85亿	-0.42%	31%	31%
14	MEXC MEXC	$108.38亿	1.28%	76.2%	76.2%
15	Bithumb Bithumb	$1.38亿	-9.3%	66.9%	66.9%
16	gate.io 大门	$110.28亿	-12.3%	55.2%	55.2%
17	BitTap 币泰	$11.60亿	-6.4%	26%	26%
18	Hyperliquid Hyperliquid	$16.26亿	27%	46.9%	46.9%
19	Uniswap v3 (Base) Uniswap v3 (Base)	$1.10亿	-10.64%	31.5%	31.5%
20	bitFlyer bitFlyer	$1,641.16万	-20.66%	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	$ 62758.3	$6.31万	$6.23万	$1.58亿	$1.25兆	-0.32%	-0.32%
2	ETH 以太坊	$ 1839.37	$1,875.49	$1,822.05	$8,877.35万	$2,220.00亿	-1.21%	-1.21%
3	XRP 瑞波币	$ 1.0576	$1.07	$1.05	$928.80万	$644.26亿	-0.47%	-0.47%
4	BNB 币安币	$ 575.8	$592.80	$573.60	$1,604.50万	$785.16亿	-1.99%	-1.99%
5	USDC USD Coin	$ 1.0007	$1.00	$1.00	$1,805.25万	$707.64亿	0%	0%
6	SOL Solana	$ 71.66	$73.21	$70.59	$2,989.45万	$405.99亿	-1.8%	-1.8%
7	TRX 波场	$ 0.3275	$0.33	$0.33	$202.09万	$310.20亿	0.39%	0.39%
8	DOGE 狗狗币	$ 0.06889	$0.07	$0.07	$765.84万	$115.89亿	-1.09%	-1.09%
9	BCH 比特现金	$ 207.79	$212.49	$205.81	$13.46万	$41.51亿	-0.43%	-0.43%
10	HYPE Hyperliquid	$ 52.15	$52.89	$51.51	$1,209.83万	$176.97亿	-1.21%	-1.21%
11	ADA 艾达币	$ 0.174	$0.18	$0.17	$789.92万	$62.56亿	2.9%	2.9%
12	WBTC Wrapped Bitcoin	$ 62768.1	$6.32万	$6.24万	$9,570.11	$80.92亿	-0.52%	-0.52%
13	LEO UNUS SED LEO	$ 9.759	$9.81	$9.74	$226.26	$89.95亿	-0.18%	-0.18%
14	LINK ChainLink	$ 8.049	$8.25	$7.89	$16.31万	$54.58亿	-1.28%	-1.28%
15	XLM 恒星币	$ 0.17054	$0.17	$0.17	$20.19万	$55.28亿	-0.92%	-0.92%
16	LTC 莱特币	$ 44.07	$44.80	$43.62	$203.61万	$33.81亿	-1.21%	-1.21%
17	HBAR Hedera Hashgraph	$ 0.06914	$0.07	$0.07	$27.13万	$29.59亿	1.21%	1.21%
18	ZEC 大零币	$ 463.59	$473.64	$453.56	$291.66万	$76.38亿	1.58%	1.58%
19	AVAX Avalanche	$ 6.167	$6.45	$6.04	$65.70万	$26.53亿	-3.79%	-3.79%
20	SHIB Shiba Inu	$ 0.000004827	$0.00	$0.00	$354.63万	$28.44亿	1.83%	1.83%
21	SUI Sui	$ 0.6749	$0.69	$0.66	$154.75万	$25.59亿	-0.93%	-0.93%
22	CRO Cronos	$ 0.05424	$0.06	$0.05	$4.59万	$20.94亿	-0.05%	-0.05%
23	WLFI worldlibertyfinancial-education	$ 0.05459	$0.06	$0.05	$26.50万	$14.60亿	-0.72%	-0.72%
24	UNI Uniswap	$ 4.079	$4.38	$4.02	$498.32万	$25.91亿	-5.22%	-5.22%
25	DOT 波卡币	$ 0.7766	$0.79	$0.76	$23.92万	$12.84亿	1.83%	1.83%
26	MNT Mantle	$ 0.3941	$0.40	$0.39	$6.63万	$12.82亿	0.71%	0.71%
27	PAXG PAX Gold	$ 4049.94	$4,052.73	$4,038.80	$36.45万	$15.42亿	0.16%	0.16%
28	ASTER Aster	$ 0.6012	$0.60	$0.60	$9.61万	$15.00亿	0%	0%
29	AAVE Aave	$ 89.73	$94.37	$89.00	$779.47万	$13.74亿	-4.41%	-4.41%
30	HTX HTX	$ 0.0000017842	$0.00	$0.00	$1,097.42	$17.84亿	-0.03%	-0.03%
31	TAO Bittensor	$ 191.53	$199.73	$189.60	$177.46万	$20.24亿	-0.71%	-0.71%
32	OKB OK币	$ 86.27	$86.51	$85.58	$9.63万	$18.12亿	0.04%	0.04%
33	PEPE Pepe	$ 0.000002762	$0.00	$0.00	$353.34万	$11.62亿	0.21%	0.21%
34	ETC 以太经典	$ 6.479	$6.74	$6.41	$16.95万	$10.05亿	-2.1%	-2.1%
35	NEAR NEAR Protocol	$ 1.669	$1.69	$1.65	$275.30万	$21.44亿	-0.41%	-0.41%
36	ICP Internet Computer(Dfinity)	$ 2.027	$2.09	$2.00	$16.53万	$11.07亿	-1.98%	-1.98%
37	PI Pi Network	$ 0.08577	$0.09	$0.08	$153.46万	$7.19亿	4.22%	4.22%
38	WLD Worldcoin	$ 0.3024	$0.31	$0.30	$424.72万	$8.18亿	0.86%	0.86%
39	ATOM 阿童木	$ 1.223	$1.24	$1.21	$3.99万	$5.95亿	-0.4%	-0.4%
40	FDUSD First Digital USD	$ 0.9979	$1.00	$1.00	$2,241.01万	$9.81亿	0%	0%
41	ENA Ethena	$ 0.07986	$0.08	$0.08	$525.53万	$6.36亿	-0.72%	-0.72%
42	USDD USDD	$ 0.9985	$1.00	$1.00	$2,007.97	$8.54亿	0%	0%
43	KAS Kaspa	$ 0.02674	$0.03	$0.03	$55.06万	$7.24亿	-1.9%	-1.9%
44	QNT Quant	$ 61.18	$62.99	$59.99	$1.71万	$7.39亿	1.78%	1.78%
45	ALGO Algorand	$ 0.07904	$0.08	$0.08	$3.85万	$6.99亿	0.59%	0.59%
46	FLR Flare	$ 0.006196	$0.01	$0.01	$6.68万	$5.12亿	-1.29%	-1.29%
47	XDC XDC Network	$ 0.02596	$0.03	$0.03	$13.92万	$4.95亿	-0.49%	-0.49%
48	APT Aptos	$ 0.5493	$0.56	$0.54	$13.66万	$4.13亿	-1.85%	-1.85%

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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