DeFi（Decentralized Finance，去中心化金融），又称Open Finance，是构建在区块链（主要为以太坊）上的开放式金融协议系统，旨在通过智能合约实现无需许可、无需中介的金融服务，让全球任何人都能随时随地参与借贷、交易、储蓄、投资等金融活动。主要分类包括：去中心化交易所（DEX）、稳定币（Stablecoin）、借贷协议（Lending）、资产管理（Asset Management）等。 【成长历程】2017-2018年，MakerDAO推出DAI稳定币，奠定DeFi基础；2019年，Compound协议上线，开启借贷赛道；2020年上半年，Compound推出流动性挖矿（Yield Farming），引爆「DeFi Summer」浪潮，各协议TVL迅速增长；2021年，Uniswap、Aave、Curve等头部协议快速发展，跨链DeFi生态开始涌现（如Solana、Polygon、BNB Chain）；2022-2023年，经历Terra/FTX等事件后DeFi进入调整与合规探索期；2023-2025年，RWA（现实世界资产）代币化、Restaking（再质押）等新叙事推动DeFi进入第二波增长，TVL多次突破千亿美元级别。 【主要成就】截至2025年，DeFi总锁仓价值（TVL）曾多次突破2000亿美元；Uniswap累计交易额超3万亿美元；MakerDAO成为最大的去中心化稳定币发行方之一，DAI市值超百亿美元；Aave管理贷款超百亿美元；去中心化稳定币总市值超300亿美元；DeFi协议催生了完全无需银行中介的全球化金融体系，推动了智能合约、AMM（自动做市商）、闪电贷等创新技术的发展，被视为Web3金融基础设施的核心组成部分。
| # | 名称 | 价格 | 24h涨跌 | 24h 成交额 | 市值 | 7日走势 |
|---|---|---|---|---|---|---|
| 1 |
 0x协议ZRX
|
$0.095519 | -2.68% | $227.73万 | $8,095.20万 | |
| 2 |
 1inch Token1INCH
|
$0.081377 | -3.77% | $308.02万 | $8,375.59万 | |
| 3 |
 AaveAAVE
|
$131.52 | -5.12% | $1.84亿 | $20.28亿 | |
| 4 |
 AirSwapAST
|
$0.004979 | +1.97% | $3.24万 | $74.69万 | |
| 5 |
 StellaALPHA
|
$0.00038 | -5.34% | $636.04 | $30.32万 | |
| 6 |
 American Express Tokenized Stock (Ondo)AXPON
|
$330.72 | +2.56% | $24.45万 | $90.40万 | |
| 7 |
 Amgen Tokenized Stock (Ondo)AMGNON
|
$470.70 | -0.93% | $24.31万 | $6.38万 | |
| 8 |
 AmpleforthAMPL
|
$0.0 | 0% | $0 | $0.0 | |
| 9 |
 Analog Devices Tokenized Stock (Ondo)ADION
|
$434.57 | +2.31% | $23.85万 | $1,816.50 | |
| 10 |
 Anchor ProtocolANC
|
$0.0 | 0% | $0 | $0.0 | |
| 11 |
 阿拉贡ANT
|
$0.0999 | +1.69% | $88.02 | $395.74万 | |
| 12 |
 Atlas DEXATLASDEX
|
$0.04033 | +1.56% | $2.03万 | $246.51万 | |
| 13 |
 AutoLayerLAY3R
|
$0.0 | 0% | $0 | $0.0 | |
| 14 |
 AvalancheAVAX
|
$8.5786 | -2.46% | $1.02亿 | $37.04亿 | |
| 15 |
 AWE NetworkAWE
|
$0.065103 | +1.47% | $202.79万 | $1.26亿 | |
| 16 |
 BabylonBABY
|
$0.011803 | -4.17% | $273.97万 | $2,707.65万 | |
| 17 |
 面包BAKE
|
$0.000289 | -11.63% | $33.23 | $5.60万 | |
| 18 |
 BalancerBAL
|
$0.1221 | +1.41% | $1.88万 | $84.78万 | |
| 19 |
 BancorBNT
|
$0.2865 | -0.87% | $24.87万 | $7,884.82万 | |
| 20 |
 半岛协议BAND
|
$0.1894 | -2.92% | $23.87万 | $666.53万 | |
| 21 |
 比原链BTM
|
$0.0 | 0% | $0 | $0.0 | |
| 22 |
 bZx ProtocolBZRX
|
$0.0 | 0% | $0 | $0.0 | |
| 23 |
 Capital One Tokenized Stock (Ondo)COFON
|
$0.0 | 0% | $0 | $0.0 | |
| 24 |
 ChainLinkLINK
|
$11.3542 | -2.12% | $2.08亿 | $84.94亿 | |
| 25 |
 CHIPCHIP
|
$0.04046 | -8.32% | $4.54 | $8,092.00万 | |
| 26 |
 Common WealthWLTH
|
$0.0 | 0% | $0 | $0 | |
| 27 |
 CompoundCOMP
|
$20.2803 | -2.06% | $593.91万 | $1.59亿 | |
| 28 |
 ConcreteCT
|
$0.1297 | -11.83% | $771.23万 | $1.30亿 | |
| 29 |
 Convex FinanceCVX
|
$1.9842 | -3.11% | $735.29万 | $1.57亿 | |
| 30 |
 玉米CORN
|
$0.0243 | -0.78% | $8,765.74 | $0 | |
| 31 |
 CreamCREAM
|
$0.4881 | +3.39% | $1,735.00 | $30.09万 | |
| 32 |
 CurveCRV
|
$0.273 | -4.04% | $1,980.52万 | $4.18亿 | |
| 33 |
 Dai StablecoinDAI
|
$0.9995 | +1.43% | $32.77万 | $46.44亿 | |
| 34 |
 deBridgeDBR
|
$0.013727 | -0.61% | $350.15万 | $1,604.89万 | |
| 35 |
 DeFi LandDEFILAND
|
$0.00000834 | 0% | $6.46 | $5.95万 | |
| 36 |
 DefiBoxBOX
|
$0.01944 | +2.37% | $2,467.92 | $5.67万 | |
| 37 |
 Dego FinanceDEGO
|
$0.002726 | -6.13% | $1.67万 | $3.86万 | |
| 38 |
 Dexe.networkDEXE
|
$1.4237 | -2.51% | $557.67万 | $1.19亿 | |
| 39 |
 DexlabXLAB
|
$0.0 | 0% | $0 | $0 | |
| 40 |
 dForceDF
|
$0.0 | 0% | $0 | $0.0 | |
| 41 |
 DIADIA
|
$0.1466 | +1.17% | $54.11万 | $1,181.24万 | |
| 42 |
 Disney Tokenized Stock (Ondo)DISON
|
$114.30 | +1.75% | $25.58万 | $100.65万 | |
| 43 |
 Dives DefiDDF
|
$0.0 | 0% | $0 | $0.0 | |
| 44 |
 DMGDMG
|
$0.0 | 0% | $0 | $0 | |
| 45 |
 DODO TokenDODO
|
$0.022685 | -0.49% | $209.70万 | $998.89万 | |
| 46 |
 Drops Ownership PowerDROPS
|
$0.0 | 0% | $0 | $0.0 | |
| 47 |
 dYdXDYDX
|
$0.1038 | -2.35% | $165.66万 | $1,907.49万 | |
| 48 |
 Equinix Tokenized Stock (Ondo)EQIXON
|
$1,031.63 | -0.74% | $24.71万 | $164.78万 | |
| 49 |
 AaveLEND
|
$0.0 | 0% | $0 | $0.0 | |
| 50 |
 FILDAFILDA
|
$0.0 | 0% | $0 | $0.0 |
