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
|
$0.1 | -3.94% | $183.64万 | $8,474.96万 | |
| 2 |
 1inch Token1INCH
|
$0.086619 | -3.19% | $257.17万 | $8,915.11万 | |
| 3 |
 AaveAAVE
|
$130.33 | -3.86% | $1.79亿 | $20.09亿 | |
| 4 |
 AirSwapAST
|
$0.004816 | -6.74% | $1.01万 | $72.24万 | |
| 5 |
 StellaALPHA
|
$0.00041 | -2.88% | $982.70 | $32.76万 | |
| 6 |
 American Express Tokenized Stock (Ondo)AXPON
|
$322.46 | +2.1% | $23.90万 | $88.14万 | |
| 7 |
 Amgen Tokenized Stock (Ondo)AMGNON
|
$470.32 | +4.15% | $23.47万 | $6.37万 | |
| 8 |
 AmpleforthAMPL
|
$0.0 | 0% | $0 | $0.0 | |
| 9 |
 Analog Devices Tokenized Stock (Ondo)ADION
|
$428.77 | +0.17% | $24.48万 | $1,792.26 | |
| 10 |
 Anchor ProtocolANC
|
$0.0 | 0% | $0 | $0.0 | |
| 11 |
 阿拉贡ANT
|
$0.1003 | -8.49% | $73.18 | $397.28万 | |
| 12 |
 Atlas DEXATLASDEX
|
$0.04375 | +6.14% | $2.10万 | $267.41万 | |
| 13 |
 AutoLayerLAY3R
|
$0.0 | 0% | $0 | $0.0 | |
| 14 |
 AvalancheAVAX
|
$8.717 | -3.55% | $1.63亿 | $37.64亿 | |
| 15 |
 AWE NetworkAWE
|
$0.069011 | +0.57% | $129.48万 | $1.34亿 | |
| 16 |
 BabylonBABY
|
$0.013605 | -5.57% | $620.62万 | $3,121.04万 | |
| 17 |
 面包BAKE
|
$0.000361 | +2.38% | $2.22 | $6.99万 | |
| 18 |
 BalancerBAL
|
$0.1225 | -0.24% | $1.93万 | $85.06万 | |
| 19 |
 BancorBNT
|
$0.292 | -3.09% | $32.90万 | $8,036.19万 | |
| 20 |
 半岛协议BAND
|
$0.2056 | -3.52% | $35.63万 | $723.54万 | |
| 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
|
$11.441 | -3.22% | $2.68亿 | $85.59亿 | |
| 25 |
 CHIPCHIP
|
$0.0472 | -13.45% | $17.22 | $9,436.00万 | |
| 26 |
 Common WealthWLTH
|
$0.0 | 0% | $0 | $0 | |
| 27 |
 CompoundCOMP
|
$21.2945 | -0.44% | $590.33万 | $1.67亿 | |
| 28 |
 ConcreteCT
|
$0.136 | -14.14% | $1,550.59万 | $1.36亿 | |
| 29 |
 Convex FinanceCVX
|
$2.2063 | -5.03% | $1,032.80万 | $1.74亿 | |
| 30 |
 玉米CORN
|
$0.02462 | -0.16% | $1.07万 | $0 | |
| 31 |
 CreamCREAM
|
$0.4869 | -4.7% | $507.16 | $30.01万 | |
| 32 |
 CurveCRV
|
$0.3289 | -3.07% | $2,479.19万 | $5.04亿 | |
| 33 |
 Dai StablecoinDAI
|
$0.9996 | +0.01% | $1.91万 | $46.45亿 | |
| 34 |
 deBridgeDBR
|
$0.013973 | -5.68% | $409.11万 | $1,633.65万 | |
| 35 |
 DeFi LandDEFILAND
|
$0.00000828 | +0.85% | $26.15 | $5.91万 | |
| 36 |
 DefiBoxBOX
|
$0.021143 | -3.85% | $2.69万 | $6.17万 | |
| 37 |
 Dego FinanceDEGO
|
$0.003084 | +0.88% | $1.14万 | $4.37万 | |
| 38 |
 Dexe.networkDEXE
|
$1.5716 | -1.63% | $510.63万 | $1.32亿 | |
| 39 |
 DexlabXLAB
|
$0.0 | 0% | $0 | $0 | |
| 40 |
 dForceDF
|
$0.0 | 0% | $0 | $0.0 | |
| 41 |
 DIADIA
|
$0.1345 | -4.75% | $22.64万 | $1,083.74万 | |
| 42 |
 Disney Tokenized Stock (Ondo)DISON
|
$110.96 | +0.02% | $24.84万 | $97.71万 | |
| 43 |
 Dives DefiDDF
|
$0.0 | 0% | $0 | $0.0 | |
| 44 |
 DMGDMG
|
$0.0 | 0% | $0 | $0 | |
| 45 |
 DODO TokenDODO
|
$0.024603 | +3.23% | $398.23万 | $1,083.35万 | |
| 46 |
 Drops Ownership PowerDROPS
|
$0.0 | 0% | $0 | $0.0 | |
| 47 |
 dYdXDYDX
|
$0.1083 | -1.99% | $530.92万 | $1,990.18万 | |
| 48 |
 Equinix Tokenized Stock (Ondo)EQIXON
|
$1,041.20 | +2.93% | $24.96万 | $166.30万 | |
| 49 |
 AaveLEND
|
$0.0 | 0% | $0 | $0.0 | |
| 50 |
 FILDAFILDA
|
$0.0 | 0% | $0 | $0.0 |
