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
|
$0.1009 | -3.07% | $195.66万 | $8,551.24万 | |
| 2 |
 1inch Token1INCH
|
$0.088204 | -1.74% | $240.35万 | $9,078.25万 | |
| 3 |
 AaveAAVE
|
$135.52 | -3.54% | $1.83亿 | $20.89亿 | |
| 4 |
 AirSwapAST
|
$0.004735 | -1.66% | $14.88万 | $71.03万 | |
| 5 |
 StellaALPHA
|
$0.000427 | -1.91% | $1,186.00 | $34.09万 | |
| 6 |
 American Express Tokenized Stock (Ondo)AXPON
|
$317.70 | -0.33% | $24.75万 | $86.84万 | |
| 7 |
 Amgen Tokenized Stock (Ondo)AMGNON
|
$448.86 | -0.28% | $24.93万 | $6.08万 | |
| 8 |
 AmpleforthAMPL
|
$0.0 | 0% | $0 | $0.0 | |
| 9 |
 Analog Devices Tokenized Stock (Ondo)ADION
|
$393.70 | +0.4% | $23.50万 | $1,645.67 | |
| 10 |
 Anchor ProtocolANC
|
$0.0 | 0% | $0 | $0.0 | |
| 11 |
 阿拉贡ANT
|
$0.0484 | -0.78% | $0.03 | $191.71万 | |
| 12 |
 Atlas DEXATLASDEX
|
$0.04033 | -0.67% | $2.30万 | $246.51万 | |
| 13 |
 AutoLayerLAY3R
|
$0.0 | 0% | $0 | $0.0 | |
| 14 |
 AvalancheAVAX
|
$8.8057 | -1.39% | $1.26亿 | $38.02亿 | |
| 15 |
 AWE NetworkAWE
|
$0.061891 | -5.09% | $59.25万 | $1.20亿 | |
| 16 |
 BabylonBABY
|
$0.013625 | -1.66% | $557.84万 | $3,125.62万 | |
| 17 |
 面包BAKE
|
$0.000353 | +0.66% | $47.87 | $6.83万 | |
| 18 |
 BalancerBAL
|
$0.1165 | -2.67% | $1.52万 | $80.90万 | |
| 19 |
 BancorBNT
|
$0.2968 | -1.62% | $112.41万 | $8,168.29万 | |
| 20 |
 半岛协议BAND
|
$0.2042 | -2.48% | $18.98万 | $718.62万 | |
| 21 |
 比原链BTM
|
$0.006683 | 0% | $98.76 | $1,096.36万 | |
| 22 |
 bZx ProtocolBZRX
|
$0.0 | 0% | $0 | $0.0 | |
| 23 |
 Capital One Tokenized Stock (Ondo)COFON
|
$0.0 | 0% | $0 | $0.0 | |
| 24 |
 ChainLinkLINK
|
$11.3472 | -2.24% | $2.13亿 | $84.89亿 | |
| 25 |
 CHIPCHIP
|
$0.044 | +2.4% | $7.64 | $8,796.00万 | |
| 26 |
 Common WealthWLTH
|
$0.0 | 0% | $0 | $0 | |
| 27 |
 CompoundCOMP
|
$22.8598 | -2.72% | $596.09万 | $1.79亿 | |
| 28 |
 ConcreteCT
|
$0.1579 | -11.19% | $3,116.31万 | $1.58亿 | |
| 29 |
 Convex FinanceCVX
|
$2.4055 | +0.3% | $1,044.30万 | $1.90亿 | |
| 30 |
 玉米CORN
|
$0.02471 | -0.48% | $2.37万 | $0 | |
| 31 |
 CreamCREAM
|
$0.4995 | -2.84% | $1,490.00 | $30.79万 | |
| 32 |
 CurveCRV
|
$0.3417 | -3.37% | $2,211.19万 | $5.23亿 | |
| 33 |
 Dai StablecoinDAI
|
$0.9964 | -0.33% | $7.78万 | $46.30亿 | |
| 34 |
 deBridgeDBR
|
$0.016278 | -2.03% | $179.79万 | $1,903.14万 | |
| 35 |
 DeFi LandDEFILAND
|
$0.0000132 | +0.08% | $8.48 | $9.45万 | |
| 36 |
 DefiBoxBOX
|
$0.024 | -0.12% | $565.20 | $7.01万 | |
| 37 |
 Dego FinanceDEGO
|
$0.003833 | +2.02% | $1.44万 | $5.43万 | |
| 38 |
 Dexe.networkDEXE
|
$1.5788 | -2.45% | $626.22万 | $1.32亿 | |
| 39 |
 DexlabXLAB
|
$0.0 | 0% | $0 | $0 | |
| 40 |
 dForceDF
|
$0.0 | 0% | $0 | $0.0 | |
| 41 |
 DIADIA
|
$0.1431 | -3.9% | $15.26万 | $1,153.04万 | |
| 42 |
 Disney Tokenized Stock (Ondo)DISON
|
$114.41 | +0.19% | $25.40万 | $100.75万 | |
| 43 |
 Dives DefiDDF
|
$0.0 | 0% | $0 | $0.0 | |
| 44 |
 DMGDMG
|
$0.0 | 0% | $0 | $0 | |
| 45 |
 DODO TokenDODO
|
$0.022702 | +3.13% | $627.48万 | $999.64万 | |
| 46 |
 Drops Ownership PowerDROPS
|
$0.0 | 0% | $0 | $0.0 | |
| 47 |
 dYdXDYDX
|
$0.1051 | -4.89% | $279.93万 | $1,931.38万 | |
| 48 |
 Equinix Tokenized Stock (Ondo)EQIXON
|
$965.03 | +0.28% | $25.02万 | $154.14万 | |
| 49 |
 AaveLEND
|
$0.0 | 0% | $0 | $0.0 | |
| 50 |
 FILDAFILDA
|
$0.0 | 0% | $0 | $0.0 |
