想象一座霓虹灯交织的赛博都市。街道两侧到处是Meme币赌场和GameFi游乐园的招牌,每个人都在追逐一夜暴富的快感。但你注意到没——真正让这座城市在危机中挺住的,根本不是那些炫目的霓虹招牌。是什么?是地下默默运转的电力网络和供水管道。



Web3的世界也是这样。APRO这类做B端业务的项目——为机构、协议提供企业级服务——就像是那些深埋地底的基建系统。看起来不那么性感,但生死攸关。

到了2025年末,市场情绪又开始起伏。有个问题值得琢磨:为什么那些曾经大喊"改变世界"的C端应用纷纷陨落,而APRO这样的底层架构反而拥有穿越周期的生命力?

**为什么B端业务更抗周期**

C端应用在争夺用户注意力——而注意力这东西,是最稀缺、也最容易流失的。用户今天用你的产品,明天看到新概念就跑了。

B端不一样。APRO作为去中心化预言机网络,服务的是信任关系。它的工作是把现实世界的确定性数据输送到链上。对借贷协议、合成资产平台这些客户来说,更换预言机的成本极其高昂——涉及代码重构、安全审计、风险评估,甚至品牌信誉。这种"粘性"远比用户关注度稳定得多。只要DeFi清算逻辑还在跑,预言机的收入就不会因为散户离场而消失。
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 8
  • Repost
  • Share
Comment
0/400
degenonymousvip
· 01-07 07:00
The discussion on underground pipelines is quite on point, but to be honest, these days, who truly believes that the B-side can "traverse the cycle"... it's all about who can survive until the next funding round.
View OriginalReply0
SandwichTradervip
· 01-05 16:41
Damn, this logic is indeed hard to refute... But is B-side really that stable? What if a major protocol sets up its own oracle?
View OriginalReply0
TopEscapeArtistvip
· 01-05 10:53
Hmm... sounds good, but I've seen plenty of MACD golden crosses before, and they all ended up failing at the head and shoulders top. I heard the same rhetoric about B2B resisting cycles back in 2021, when people also said DeFi was the future infrastructure. And what happened? A wave of liquidations still led to a crash. But on the other hand, your analogy is quite interesting—an oracle is like underground pipelines; once it runs, it can't be stopped. The problem is, this thing still depends on technical fundamentals. Once the data source has issues, even loyal clients will leave. With such a fierce correction now, I'm actually wondering when to buy the dip...
View OriginalReply0
WalletsWatchervip
· 01-05 10:49
Hey, isn't B-side really this stable? Why do I feel like I'm just brainwashing myself...
View OriginalReply0
HorizonHuntervip
· 01-05 10:47
说得好啊,基建永远不性感但永远有饭吃。C端那帮项目就是在赌人性,一个新风口来了散户全跑。B端不一样,一旦装进系统里就是血管,想拔都拔不出来。APRO这种预言机的粘性确实戳中了我,换一个成本真的恐怖...只要DeFi还在清算用户就得吃这套。
Reply0
LiquidityHuntervip
· 01-05 10:43
I saw this article at 3 a.m. and suddenly thought of a question—can the liquidity depth of oracles really support this cycle? One mistake is that high switching costs ≠ stable income. Even if DeFi protocols go bankrupt, they can still ditch oracles, and arbitrage bots won't pay extra just because you're infrastructure. Looking at the few abnormal fluctuations in 2024, many oracle spreads were eaten up until only slippage remained. The conclusion that B-end stickiness is strong is too absolute. If the TVL of lending protocols drops by 50%, the oracle's billing model will have to be recalculated. Once a liquidity gap appears, what’s there to talk about in terms of crossing cycles?
View OriginalReply0
BrokenYieldvip
· 01-05 10:36
nah this "infrastructure play" narrative is getting recycled every cycle tbh... reminds me of 2018 when everyone was shilling "unsexy b2b solutions" right before they got gutted. switching costs mean nothing if the entire protocol stack depreciates 40% overnight and risk-adjusted returns go negative. seen this movie before.
Reply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)