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
|
$0.09469 | +0.08% | $227.49万 | $8,024.94万 | |
| 2 |
 1inch Token1INCH
|
$0.080088 | +0.31% | $245.72万 | $8,242.92万 | |
| 3 |
 AaveAAVE
|
$124.70 | -1.06% | $1.83亿 | $19.22亿 | |
| 4 |
 AirSwapAST
|
$0.005099 | +3.32% | $1.08万 | $76.48万 | |
| 5 |
 StellaALPHA
|
$0.000417 | +12.01% | $3,085.00 | $33.27万 | |
| 6 |
 American Express Tokenized Stock (Ondo)AXPON
|
$329.28 | -0.71% | $23.04万 | $90.00万 | |
| 7 |
 Amgen Tokenized Stock (Ondo)AMGNON
|
$459.78 | -2.63% | $24.83万 | $6.23万 | |
| 8 |
 AmpleforthAMPL
|
$0.0 | 0% | $0 | $0.0 | |
| 9 |
 Analog Devices Tokenized Stock (Ondo)ADION
|
$423.68 | +0.33% | $24.20万 | $1,770.98 | |
| 10 |
 Anchor ProtocolANC
|
$0.0 | 0% | $0 | $0.0 | |
| 11 |
 阿拉贡ANT
|
$0.0999 | 0% | $2.62 | $395.74万 | |
| 12 |
 Atlas DEXATLASDEX
|
$0.04002 | -2.1% | $3.08万 | $244.61万 | |
| 13 |
 AutoLayerLAY3R
|
$0.0 | 0% | $0 | $0.0 | |
| 14 |
 AvalancheAVAX
|
$8.3966 | +0.09% | $1.04亿 | $36.25亿 | |
| 15 |
 AWE NetworkAWE
|
$0.063698 | -0.37% | $55.92万 | $1.24亿 | |
| 16 |
 BabylonBABY
|
$0.011421 | -1.65% | $237.38万 | $2,620.02万 | |
| 17 |
 面包BAKE
|
$0.000304 | +4.01% | $21.74 | $5.87万 | |
| 18 |
 BalancerBAL
|
$0.1206 | +0.33% | $9,783.00 | $83.74万 | |
| 19 |
 BancorBNT
|
$0.2797 | -0.71% | $22.01万 | $7,697.68万 | |
| 20 |
 半岛协议BAND
|
$0.1871 | +0.11% | $29.40万 | $658.44万 | |
| 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
|
$10.8372 | -2.24% | $2.04亿 | $81.07亿 | |
| 25 |
 CHIPCHIP
|
$0.04014 | +1.16% | $249.40 | $8,028.00万 | |
| 26 |
 Common WealthWLTH
|
$0.0 | 0% | $0 | $0 | |
| 27 |
 CompoundCOMP
|
$19.6494 | -1.55% | $804.25万 | $1.54亿 | |
| 28 |
 ConcreteCT
|
$0.1302 | +2.52% | $874.27万 | $1.30亿 | |
| 29 |
 Convex FinanceCVX
|
$1.8546 | -3.48% | $810.05万 | $1.46亿 | |
| 30 |
 玉米CORN
|
$0.02167 | -10.93% | $2.33万 | $0 | |
| 31 |
 CreamCREAM
|
$0.4849 | -0.66% | $6.62 | $29.89万 | |
| 32 |
 CurveCRV
|
$0.2574 | -2.17% | $2,036.77万 | $3.94亿 | |
| 33 |
 Dai StablecoinDAI
|
$0.9962 | -0.33% | $4.06万 | $46.29亿 | |
| 34 |
 deBridgeDBR
|
$0.012651 | -6.96% | $479.10万 | $1,479.09万 | |
| 35 |
 DeFi LandDEFILAND
|
$0.00000823 | -0.48% | $3.15 | $5.87万 | |
| 36 |
 DefiBoxBOX
|
$0.0203 | +1.96% | $5,645.00 | $5.92万 | |
| 37 |
 Dego FinanceDEGO
|
$0.002994 | +8.52% | $5,343.00 | $4.24万 | |
| 38 |
 Dexe.networkDEXE
|
$1.3828 | +1.31% | $532.41万 | $1.16亿 | |
| 39 |
 DexlabXLAB
|
$0.0 | 0% | $0 | $0 | |
| 40 |
 dForceDF
|
$0.0 | 0% | $0 | $0.0 | |
| 41 |
 DIADIA
|
$0.1449 | +0.84% | $24.17万 | $1,167.54万 | |
| 42 |
 Disney Tokenized Stock (Ondo)DISON
|
$114.65 | +0.31% | $25.61万 | $100.96万 | |
| 43 |
 Dives DefiDDF
|
$0.0 | 0% | $0 | $0.0 | |
| 44 |
 DMGDMG
|
$0.0 | 0% | $0 | $0 | |
| 45 |
 DODO TokenDODO
|
$0.021829 | -2.14% | $443.76万 | $961.20万 | |
| 46 |
 Drops Ownership PowerDROPS
|
$0.0 | 0% | $0 | $0.0 | |
| 47 |
 dYdXDYDX
|
$0.1009 | -0.39% | $175.40万 | $1,854.19万 | |
| 48 |
 Equinix Tokenized Stock (Ondo)EQIXON
|
$1,023.83 | +1.61% | $25.02万 | $163.53万 | |
| 49 |
 AaveLEND
|
$0.0 | 0% | $0 | $0.0 | |
| 50 |
 FILDAFILDA
|
$0.0 | 0% | $0 | $0.0 |
