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	$182.37亿	-11.61%	86.7%	86.7%
2	HTX 火币huobi	$26.79亿	0.44%	68.6%	68.6%
3	Binance 币安网	$391.30亿	-8.33%	85.4%	85.4%
4	Coinbase Coinbase	$9.27亿	-15.19%	69.3%	69.3%
5	Bybit Bybit	$109.62亿	-6.69%	65.3%	65.3%
6	Crypto.com Crypto.com	$12.13亿	-8.34%	53.3%	53.3%
7	Bitfinex Bitfinex	$2.07亿	19.15%	65.3%	65.3%
8	Kraken K网(Kraken)	$7.46亿	-8.61%	68.4%	68.4%
9	Upbit Upbit	$2.80亿	-21.44%	56.9%	56.9%
10	Bitget Bitget	$70.73亿	0.49%	71.1%	71.1%
11	Deribit Deribit	$4.41亿	5.51%	36.2%	36.2%
12	Gemini 双子星（Gemini）	$3,025.04万	-18.52%	59.5%	59.5%
13	BiKing 币王	$214.48亿	-0.43%	31%	31%
14	MEXC MEXC	$113.93亿	1.32%	76.2%	76.2%
15	Bithumb Bithumb	$1.42亿	-9.72%	66.9%	66.9%
16	gate.io 大门	$109.37亿	-12.08%	55.2%	55.2%
17	BitTap 币泰	$11.59亿	-6.59%	26%	26%
18	Hyperliquid Hyperliquid	$16.57亿	26.33%	46.9%	46.9%
19	Uniswap v3 (Base) Uniswap v3 (Base)	$1.12亿	-10.74%	31.5%	31.5%
20	bitFlyer bitFlyer	$1,640.51万	-21.46%	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	$ 64145	$6.45万	$6.35万	$3.50亿	$1.28兆	0.49%	0.49%
2	ETH 以太坊	$ 1866.84	$1,881.82	$1,853.71	$1.40亿	$2,253.15亿	0.09%	0.09%
3	XRP 瑞波币	$ 1.0675	$1.08	$1.07	$2,165.64万	$650.29亿	-0.91%	-0.91%
4	BNB 币安币	$ 599	$605.30	$588.00	$992.30万	$816.80亿	1.3%	1.3%
5	USDC USD Coin	$ 1.0007	$1.00	$1.00	$2,716.22万	$707.64亿	0%	0%
6	SOL Solana	$ 73.8	$74.49	$73.11	$4,026.66万	$418.11亿	0.09%	0.09%
7	TRX 波场	$ 0.3267	$0.33	$0.33	$383.84万	$309.44亿	-0.69%	-0.69%
8	DOGE 狗狗币	$ 0.06979	$0.07	$0.07	$909.02万	$117.40亿	-0.79%	-0.79%
9	BCH 比特现金	$ 211.9	$214.80	$211.51	$21.89万	$42.33亿	-0.69%	-0.69%
10	HYPE Hyperliquid	$ 55.95	$56.60	$54.15	$1,792.20万	$189.87亿	3.07%	3.07%
11	ADA 艾达币	$ 0.19034	$0.20	$0.19	$1,102.76万	$68.43亿	-3.31%	-3.31%
12	WBTC Wrapped Bitcoin	$ 64021.8	$6.41万	$6.36万	$1,917.37	$82.53亿	0.04%	0.04%
13	LEO UNUS SED LEO	$ 9.777	$10.29	$9.53	$3.21万	$90.11亿	0.24%	0.24%
14	LINK ChainLink	$ 8.12	$8.27	$8.10	$29.53万	$55.06亿	-0.95%	-0.95%
15	XLM 恒星币	$ 0.16694	$0.17	$0.17	$52.10万	$54.11亿	-2.44%	-2.44%
16	LTC 莱特币	$ 44.83	$45.34	$44.07	$49.00万	$34.39亿	1.01%	1.01%
17	HBAR Hedera Hashgraph	$ 0.06917	$0.07	$0.07	$44.01万	$29.60亿	-2.7%	-2.7%
18	ZEC 大零币	$ 511.41	$518.78	$484.03	$490.57万	$84.26亿	5.58%	5.58%
19	AVAX Avalanche	$ 6.621	$6.92	$6.60	$79.20万	$28.49亿	-3.98%	-3.98%
20	SHIB Shiba Inu	$ 0.000004909	$0.00	$0.00	$190.47万	$28.93亿	-1.74%	-1.74%
21	SUI Sui	$ 0.6884	$0.70	$0.69	$184.67万	$26.11亿	-1.2%	-1.2%
22	CRO Cronos	$ 0.05413	$0.06	$0.05	$12.74万	$20.89亿	-2.11%	-2.11%
23	WLFI worldlibertyfinancial-education	$ 0.05456	$0.06	$0.05	$23.47万	$14.59亿	-0.41%	-0.41%
24	UNI Uniswap	$ 3.914	$3.96	$3.79	$594.64万	$24.86亿	0.61%	0.61%
25	DOT 波卡币	$ 0.8462	$0.87	$0.83	$52.29万	$13.99亿	0.46%	0.46%
26	MNT Mantle	$ 0.4006	$0.41	$0.40	$13.52万	$13.03亿	0.77%	0.77%
27	PAXG PAX Gold	$ 4120.48	$4,128.49	$4,044.49	$47.66万	$15.69亿	1.68%	1.68%
28	ASTER Aster	$ 0.6077	$0.61	$0.60	$12.31万	$15.17亿	0.11%	0.11%
29	AAVE Aave	$ 91	$93.15	$89.54	$549.28万	$13.93亿	-1.77%	-1.77%
30	HTX HTX	$ 0.0000017933	$0.00	$0.00	$2.19万	$17.93亿	-0.59%	-0.59%
31	TAO Bittensor	$ 196.62	$200.95	$189.86	$163.37万	$20.78亿	2.73%	2.73%
32	OKB OK币	$ 86.21	$87.21	$85.59	$27.83万	$18.10亿	-0.25%	-0.25%
33	PEPE Pepe	$ 0.000002849	$0.00	$0.00	$356.75万	$11.99亿	-3.25%	-3.25%
34	ETC 以太经典	$ 6.535	$6.64	$6.52	$12.11万	$10.13亿	-1.14%	-1.14%
35	NEAR NEAR Protocol	$ 1.7	$1.77	$1.69	$293.43万	$21.84亿	-3.68%	-3.68%
36	ICP Internet Computer(Dfinity)	$ 2.091	$2.13	$2.08	$21.73万	$11.42亿	-1.41%	-1.41%
37	PI Pi Network	$ 0.08351	$0.08	$0.08	$37.60万	$7.00亿	0.48%	0.48%
38	WLD Worldcoin	$ 0.3226	$0.33	$0.32	$742.44万	$8.73亿	-2.09%	-2.09%
39	ATOM 阿童木	$ 1.355	$1.39	$1.36	$11.31万	$6.60亿	-1.31%	-1.31%
40	FDUSD First Digital USD	$ 0.998	$1.00	$1.00	$496.13万	$9.81亿	0%	0%
41	ENA Ethena	$ 0.08995	$0.09	$0.09	$477.52万	$7.16亿	-1.98%	-1.98%
42	USDD USDD	$ 0.9985	$1.00	$1.00	$31.29万	$8.54亿	-0.01%	-0.01%
43	KAS Kaspa	$ 0.02644	$0.03	$0.03	$63.41万	$7.16亿	2.32%	2.32%
44	QNT Quant	$ 60.42	$61.36	$59.75	$1.80万	$7.29亿	0.54%	0.54%
45	ALGO Algorand	$ 0.08992	$0.09	$0.09	$14.73万	$7.95亿	0.79%	0.79%
46	FLR Flare	$ 0.006066	$0.01	$0.01	$10.47万	$5.02亿	-2.56%	-2.56%
47	XDC XDC Network	$ 0.02649	$0.03	$0.03	$4.13万	$5.06亿	1.65%	1.65%
48	APT Aptos	$ 0.5779	$0.58	$0.57	$15.18万	$4.34亿	-0.12%	-0.12%

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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