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
|
$0.096992 | +3.51% | $244.40万 | $8,220.03万 | |
| 2 |
 1inch Token1INCH
|
$0.081618 | +2.59% | $250.51万 | $8,400.39万 | |
| 3 |
 AaveAAVE
|
$129.62 | +3.3% | $1.99亿 | $19.98亿 | |
| 4 |
 AirSwapAST
|
$0.005111 | +4.35% | $2.57万 | $76.67万 | |
| 5 |
 StellaALPHA
|
$0.000405 | +7.22% | $3,358.00 | $32.31万 | |
| 6 |
 American Express Tokenized Stock (Ondo)AXPON
|
$328.95 | -0.9% | $23.37万 | $89.91万 | |
| 7 |
 Amgen Tokenized Stock (Ondo)AMGNON
|
$459.71 | -3.08% | $24.54万 | $6.23万 | |
| 8 |
 AmpleforthAMPL
|
$0.0 | 0% | $0 | $0.0 | |
| 9 |
 Analog Devices Tokenized Stock (Ondo)ADION
|
$424.06 | +0.45% | $24.82万 | $1,772.57 | |
| 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
|
$0.03998 | -0.5% | $3.14万 | $244.37万 | |
| 13 |
 AutoLayerLAY3R
|
$0.0 | 0% | $0 | $0.0 | |
| 14 |
 AvalancheAVAX
|
$8.5816 | +2.93% | $1.13亿 | $37.05亿 | |
| 15 |
 AWE NetworkAWE
|
$0.06446 | +1.28% | $53.01万 | $1.25亿 | |
| 16 |
 BabylonBABY
|
$0.011657 | +1.47% | $245.54万 | $2,674.16万 | |
| 17 |
 面包BAKE
|
$0.000303 | +2.92% | $20.95 | $5.86万 | |
| 18 |
 BalancerBAL
|
$0.1204 | -1.39% | $6,645.00 | $83.60万 | |
| 19 |
 BancorBNT
|
$0.2847 | +0.92% | $26.58万 | $7,835.28万 | |
| 20 |
 半岛协议BAND
|
$0.1917 | +2.9% | $31.97万 | $674.63万 | |
| 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
|
$11.033 | -0.31% | $2.18亿 | $82.54亿 | |
| 25 |
 CHIPCHIP
|
$0.0406 | +4.1% | $252.30 | $8,120.00万 | |
| 26 |
 Common WealthWLTH
|
$0.0 | 0% | $0 | $0 | |
| 27 |
 CompoundCOMP
|
$20.0127 | +0.84% | $841.07万 | $1.57亿 | |
| 28 |
 ConcreteCT
|
$0.1329 | +5.48% | $983.82万 | $1.33亿 | |
| 29 |
 Convex FinanceCVX
|
$1.9064 | -0.92% | $846.11万 | $1.51亿 | |
| 30 |
 玉米CORN
|
$0.0215 | -11.67% | $2.57万 | $0 | |
| 31 |
 CreamCREAM
|
$0.4803 | -0.12% | $61.08 | $29.60万 | |
| 32 |
 CurveCRV
|
$0.2646 | +0.34% | $2,163.88万 | $4.05亿 | |
| 33 |
 Dai StablecoinDAI
|
$0.9956 | -0.38% | $3.76万 | $46.26亿 | |
| 34 |
 deBridgeDBR
|
$0.012593 | -3.76% | $522.80万 | $1,472.31万 | |
| 35 |
 DeFi LandDEFILAND
|
$0.00000827 | +0.49% | $3.81 | $5.90万 | |
| 36 |
 DefiBoxBOX
|
$0.02019 | -0.3% | $3,398.33 | $5.89万 | |
| 37 |
 Dego FinanceDEGO
|
$0.002971 | +9.07% | $5,995.00 | $4.21万 | |
| 38 |
 Dexe.networkDEXE
|
$1.4049 | +2.29% | $532.22万 | $1.18亿 | |
| 39 |
 DexlabXLAB
|
$0.0 | 0% | $0 | $0 | |
| 40 |
 dForceDF
|
$0.0 | 0% | $0 | $0.0 | |
| 41 |
 DIADIA
|
$0.1473 | +1.94% | $26.22万 | $1,186.88万 | |
| 42 |
 Disney Tokenized Stock (Ondo)DISON
|
$115.03 | +0.44% | $25.26万 | $101.30万 | |
| 43 |
 Dives DefiDDF
|
$0.0 | 0% | $0 | $0.0 | |
| 44 |
 DMGDMG
|
$0.0 | 0% | $0 | $0 | |
| 45 |
 DODO TokenDODO
|
$0.021769 | -0.93% | $446.43万 | $958.56万 | |
| 46 |
 Drops Ownership PowerDROPS
|
$0.0 | 0% | $0 | $0.0 | |
| 47 |
 dYdXDYDX
|
$0.104 | +3.48% | $209.31万 | $1,911.16万 | |
| 48 |
 Equinix Tokenized Stock (Ondo)EQIXON
|
$1,020.14 | +0.84% | $25.02万 | $162.94万 | |
| 49 |
 AaveLEND
|
$0.0 | 0% | $0 | $0.0 | |
| 50 |
 FILDAFILDA
|
$0.0 | 0% | $0 | $0.0 |
