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
|
$0.1025 | +0.39% | $169.17万 | $8,686.83万 | |
| 2 |
 1inch Token1INCH
|
$0.08806 | +0.7% | $226.52万 | $9,063.43万 | |
| 3 |
 AaveAAVE
|
$133.31 | +0.85% | $1.85亿 | $20.55亿 | |
| 4 |
 AirSwapAST
|
$0.005244 | +6.95% | $1.16万 | $78.66万 | |
| 5 |
 StellaALPHA
|
$0.000421 | -1.65% | $683.35 | $33.60万 | |
| 6 |
 American Express Tokenized Stock (Ondo)AXPON
|
$316.05 | -0.96% | $24.31万 | $86.39万 | |
| 7 |
 Amgen Tokenized Stock (Ondo)AMGNON
|
$451.45 | +0.05% | $23.65万 | $6.12万 | |
| 8 |
 AmpleforthAMPL
|
$0.0 | 0% | $0 | $0.0 | |
| 9 |
 Analog Devices Tokenized Stock (Ondo)ADION
|
$425.06 | +2.6% | $24.24万 | $1,776.75 | |
| 10 |
 Anchor ProtocolANC
|
$0.0 | 0% | $0 | $0.0 | |
| 11 |
 阿拉贡ANT
|
$0.1016 | -9.12% | $113.00 | $402.43万 | |
| 12 |
 Atlas DEXATLASDEX
|
$0.0419 | +3.13% | $1.70万 | $256.10万 | |
| 13 |
 AutoLayerLAY3R
|
$0.0 | 0% | $0 | $0.0 | |
| 14 |
 AvalancheAVAX
|
$8.9365 | +1.55% | $1.43亿 | $38.59亿 | |
| 15 |
 AWE NetworkAWE
|
$0.068853 | +6.0% | $153.83万 | $1.34亿 | |
| 16 |
 BabylonBABY
|
$0.014435 | +3.06% | $687.68万 | $3,311.44万 | |
| 17 |
 面包BAKE
|
$0.000361 | -1.25% | $2.05 | $6.99万 | |
| 18 |
 BalancerBAL
|
$0.1225 | +4.61% | $1.58万 | $85.06万 | |
| 19 |
 BancorBNT
|
$0.2991 | +1.32% | $19.48万 | $8,231.59万 | |
| 20 |
 半岛协议BAND
|
$0.2146 | +6.4% | $36.66万 | $755.22万 | |
| 21 |
 比原链BTM
|
$0.006683 | 0% | $670.30 | $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
|
$11.6523 | +2.57% | $2.20亿 | $87.17亿 | |
| 25 |
 CHIPCHIP
|
$0.0523 | -1.53% | $12.43 | $1.05亿 | |
| 26 |
 Common WealthWLTH
|
$0.0 | 0% | $0 | $0 | |
| 27 |
 CompoundCOMP
|
$21.4612 | +0.05% | $629.28万 | $1.68亿 | |
| 28 |
 ConcreteCT
|
$0.1585 | -6.49% | $2,065.87万 | $1.58亿 | |
| 29 |
 Convex FinanceCVX
|
$2.328 | -0.22% | $977.84万 | $1.84亿 | |
| 30 |
 玉米CORN
|
$0.02464 | +0.12% | $1.30万 | $0 | |
| 31 |
 CreamCREAM
|
$0.5109 | +2.16% | $14.66 | $31.49万 | |
| 32 |
 CurveCRV
|
$0.3369 | +0.15% | $2,006.86万 | $5.16亿 | |
| 33 |
 Dai StablecoinDAI
|
$0.9995 | 0% | $5.97万 | $46.44亿 | |
| 34 |
 deBridgeDBR
|
$0.014901 | -3.21% | $431.50万 | $1,742.15万 | |
| 35 |
 DeFi LandDEFILAND
|
$0.00000825 | -37.69% | $1,475.00 | $5.89万 | |
| 36 |
 DefiBoxBOX
|
$0.02238 | -0.13% | $4,007.32 | $6.53万 | |
| 37 |
 Dego FinanceDEGO
|
$0.00306 | -4.14% | $5,146.00 | $4.33万 | |
| 38 |
 Dexe.networkDEXE
|
$1.591 | +1.02% | $617.39万 | $1.33亿 | |
| 39 |
 DexlabXLAB
|
$0.0 | 0% | $0 | $0 | |
| 40 |
 dForceDF
|
$0.0 | 0% | $0 | $0.0 | |
| 41 |
 DIADIA
|
$0.1396 | -1.48% | $32.66万 | $1,124.84万 | |
| 42 |
 Disney Tokenized Stock (Ondo)DISON
|
$110.99 | -0.78% | $24.22万 | $97.74万 | |
| 43 |
 Dives DefiDDF
|
$0.0 | 0% | $0 | $0.0 | |
| 44 |
 DMGDMG
|
$0.0 | 0% | $0 | $0 | |
| 45 |
 DODO TokenDODO
|
$0.024001 | +2.49% | $340.30万 | $1,056.84万 | |
| 46 |
 Drops Ownership PowerDROPS
|
$0.0 | 0% | $0 | $0.0 | |
| 47 |
 dYdXDYDX
|
$0.11 | +3.48% | $427.74万 | $2,021.42万 | |
| 48 |
 Equinix Tokenized Stock (Ondo)EQIXON
|
$1,025.95 | +2.84% | $24.44万 | $163.87万 | |
| 49 |
 AaveLEND
|
$0.0 | 0% | $0 | $0.0 | |
| 50 |
 FILDAFILDA
|
$0.0 | 0% | $0 | $0.0 |
