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	$179.05亿	-11.19%	86.7%	86.7%
2	HTX 火币huobi	$27.02亿	0.45%	68.6%	68.6%
3	Binance 币安网	$401.45亿	-8.07%	85.4%	85.4%
4	Coinbase Coinbase	$9.32亿	-15.5%	69.3%	69.3%
5	Bybit Bybit	$111.74亿	-6.64%	65.3%	65.3%
6	Crypto.com Crypto.com	$12.65亿	-8.12%	53.3%	53.3%
7	Bitfinex Bitfinex	$2.07亿	18.9%	65.3%	65.3%
8	Kraken K网(Kraken)	$7.28亿	-8.92%	68.4%	68.4%
9	Upbit Upbit	$2.83亿	-21.6%	56.9%	56.9%
10	Bitget Bitget	$71.43亿	0.51%	71.1%	71.1%
11	Deribit Deribit	$4.45亿	5.31%	36.2%	36.2%
12	Gemini 双子星（Gemini）	$3,013.42万	-18.36%	59.5%	59.5%
13	BiKing 币王	$220.11亿	-0.43%	31%	31%
14	MEXC MEXC	$110.65亿	1.32%	76.2%	76.2%
15	Bithumb Bithumb	$1.42亿	-9.66%	66.9%	66.9%
16	gate.io 大门	$108.02亿	-12.08%	55.2%	55.2%
17	BitTap 币泰	$11.98亿	-6.58%	26%	26%
18	Hyperliquid Hyperliquid	$15.91亿	27.19%	46.9%	46.9%
19	Uniswap v3 (Base) Uniswap v3 (Base)	$1.08亿	-10.52%	31.5%	31.5%
20	bitFlyer bitFlyer	$1,668.06万	-20.64%	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	$ 63833.3	$6.45万	$6.32万	$2.73亿	$1.28兆	-0.5%	-0.5%
2	ETH 以太坊	$ 1886.89	$1,898.01	$1,853.12	$1.42亿	$2,277.35亿	0.28%	0.28%
3	XRP 瑞波币	$ 1.0209	$1.03	$0.99	$3,174.05万	$621.90亿	0.62%	0.62%
4	BNB 币安币	$ 614.2	$620.40	$598.50	$1,442.60万	$837.52亿	2.28%	2.28%
5	USDC USD Coin	$ 1.0008	$1.00	$1.00	$3,209.43万	$707.71亿	0%	0%
6	SOL Solana	$ 76.47	$76.66	$74.64	$4,227.38万	$433.24亿	0.38%	0.38%
7	TRX 波场	$ 0.3337	$0.34	$0.33	$381.69万	$316.07亿	0.72%	0.72%
8	DOGE 狗狗币	$ 0.07238	$0.07	$0.07	$2,291.77万	$121.76亿	3.04%	3.04%
9	BCH 比特现金	$ 213.71	$215.69	$211.10	$12.76万	$42.69亿	-0.9%	-0.9%
10	HYPE Hyperliquid	$ 54.67	$55.65	$53.75	$1,057.94万	$185.52亿	-1.29%	-1.29%
11	ADA 艾达币	$ 0.188	$0.19	$0.18	$682.97万	$67.59亿	-1.29%	-1.29%
12	WBTC Wrapped Bitcoin	$ 63589.7	$6.43万	$6.35万	$3,984.34	$81.98亿	-1.14%	-1.14%
13	LEO UNUS SED LEO	$ 9.1	$9.70	$9.00	$14.90万	$83.87亿	-5.01%	-5.01%
14	LINK ChainLink	$ 8.743	$8.82	$8.37	$70.62万	$59.29亿	3.98%	3.98%
15	XLM 恒星币	$ 0.16219	$0.16	$0.16	$43.15万	$52.57亿	0.1%	0.1%
16	LTC 莱特币	$ 45.41	$45.61	$44.93	$32.73万	$34.84亿	0.33%	0.33%
17	HBAR Hedera Hashgraph	$ 0.06683	$0.07	$0.07	$20.34万	$28.60亿	-1.69%	-1.69%
18	ZEC 大零币	$ 482.95	$494.80	$466.65	$529.10万	$79.57亿	-2.25%	-2.25%
19	AVAX Avalanche	$ 6.297	$6.55	$6.11	$62.46万	$27.09亿	-3.8%	-3.8%
20	SHIB Shiba Inu	$ 0.000004475	$0.00	$0.00	$40.48万	$26.37亿	-0.62%	-0.62%
21	SUI Sui	$ 0.6945	$0.70	$0.67	$290.86万	$26.34亿	0.76%	0.76%
22	CRO Cronos	$ 0.04699	$0.05	$0.05	$12.86万	$18.14亿	-1.42%	-1.42%
23	WLFI worldlibertyfinancial-education	$ 0.05602	$0.06	$0.05	$127.34万	$14.98亿	1.79%	1.79%
24	UNI Uniswap	$ 3.784	$4.03	$3.68	$180.93万	$24.04亿	-5.18%	-5.18%
25	DOT 波卡币	$ 0.7955	$0.81	$0.78	$25.78万	$13.15亿	-1.09%	-1.09%
26	MNT Mantle	$ 0.4354	$0.46	$0.43	$23.82万	$14.16亿	-2.92%	-2.92%
27	PAXG PAX Gold	$ 4402.69	$4,414.54	$4,357.44	$50.62万	$16.77亿	-0.25%	-0.25%
28	ASTER Aster	$ 0.6067	$0.61	$0.60	$7.66万	$15.14亿	0.78%	0.78%
29	AAVE Aave	$ 89.91	$89.96	$86.14	$348.08万	$13.77亿	0.78%	0.78%
30	HTX HTX	$ 0.0000018215	$0.00	$0.00	$451.30	$18.21亿	0.75%	0.75%
31	TAO Bittensor	$ 205.14	$205.75	$196.28	$489.53万	$21.68亿	2.65%	2.65%
32	OKB OK币	$ 94.92	$96.00	$94.08	$96.62万	$19.93亿	-0.27%	-0.27%
33	PEPE Pepe	$ 0.000002856	$0.00	$0.00	$254.78万	$12.01亿	-0.48%	-0.48%
34	ETC 以太经典	$ 6.377	$6.44	$6.28	$11.82万	$9.89亿	-0.42%	-0.42%
35	NEAR NEAR Protocol	$ 1.659	$1.67	$1.54	$612.89万	$21.31亿	3.55%	3.55%
36	ICP Internet Computer(Dfinity)	$ 2.249	$2.39	$2.21	$86.61万	$12.28亿	-5.62%	-5.62%
37	PI Pi Network	$ 0.08798	$0.09	$0.08	$65.98万	$7.38亿	0.27%	0.27%
38	WLD Worldcoin	$ 0.3431	$0.35	$0.32	$820.98万	$9.28亿	2.14%	2.14%
39	ATOM 阿童木	$ 1.446	$1.45	$1.39	$7.47万	$7.04亿	3.5%	3.5%
40	FDUSD First Digital USD	$ 0.9978	$1.00	$1.00	$1,056.10万	$9.81亿	-0.01%	-0.01%
41	ENA Ethena	$ 0.09028	$0.09	$0.09	$535.28万	$7.18亿	0.04%	0.04%
42	USDD USDD	$ 0.9996	$1.00	$1.00	$1,258.39	$8.55亿	0.15%	0.15%
43	KAS Kaspa	$ 0.02602	$0.03	$0.03	$37.81万	$7.05亿	-1.4%	-1.4%
44	QNT Quant	$ 57.68	$58.90	$56.66	$1.85万	$6.96亿	-0.46%	-0.46%
45	ALGO Algorand	$ 0.08117	$0.08	$0.08	$7.46万	$7.18亿	-0.52%	-0.52%
46	FLR Flare	$ 0.00608	$0.01	$0.01	$8.18万	$5.03亿	-0.5%	-0.5%
47	XDC XDC Network	$ 0.02688	$0.03	$0.03	$5.01万	$5.13亿	-0.99%	-0.99%
48	APT Aptos	$ 0.578	$0.59	$0.57	$17.94万	$4.34亿	-1.7%	-1.7%

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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