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
|
$0.1018 | +0.99% | $257.68万 | $8,627.51万 | |
| 2 |
 1inch Token1INCH
|
$0.087723 | -0.92% | $262.23万 | $9,028.74万 | |
| 3 |
 AaveAAVE
|
$135.67 | -0.02% | $1.89亿 | $20.92亿 | |
| 4 |
 AirSwapAST
|
$0.004883 | +1.2% | $1.27万 | $73.25万 | |
| 5 |
 StellaALPHA
|
$0.00043 | +1.62% | $1,733.00 | $34.35万 | |
| 6 |
 American Express Tokenized Stock (Ondo)AXPON
|
$318.31 | -0.04% | $24.14万 | $87.00万 | |
| 7 |
 Amgen Tokenized Stock (Ondo)AMGNON
|
$450.36 | +0.31% | $24.87万 | $6.10万 | |
| 8 |
 AmpleforthAMPL
|
$0.0 | 0% | $0 | $0.0 | |
| 9 |
 Analog Devices Tokenized Stock (Ondo)ADION
|
$412.81 | +5.0% | $25.15万 | $1,725.55 | |
| 10 |
 Anchor ProtocolANC
|
$0.0 | 0% | $0 | $0.0 | |
| 11 |
 阿拉贡ANT
|
$0.1188 | +145.45% | $0 | $470.56万 | |
| 12 |
 Atlas DEXATLASDEX
|
$0.0391 | +0.44% | $1.72万 | $238.99万 | |
| 13 |
 AutoLayerLAY3R
|
$0.0 | 0% | $0 | $0.0 | |
| 14 |
 AvalancheAVAX
|
$8.9663 | +0.9% | $1.54亿 | $38.71亿 | |
| 15 |
 AWE NetworkAWE
|
$0.064408 | +3.73% | $43.33万 | $1.25亿 | |
| 16 |
 BabylonBABY
|
$0.014118 | +6.15% | $1,441.94万 | $3,238.72万 | |
| 17 |
 面包BAKE
|
$0.000366 | +0.49% | $2,824.00 | $7.08万 | |
| 18 |
 BalancerBAL
|
$0.1194 | +1.53% | $1.62万 | $82.91万 | |
| 19 |
 BancorBNT
|
$0.2974 | +0.54% | $28.82万 | $8,184.80万 | |
| 20 |
 半岛协议BAND
|
$0.2016 | +0.1% | $27.72万 | $709.47万 | |
| 21 |
 比原链BTM
|
$0.006683 | -0.54% | $1,715.00 | $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
|
$11.3887 | -0.09% | $2.48亿 | $85.20亿 | |
| 25 |
 CHIPCHIP
|
$0.0513 | +14.87% | $28.78 | $1.03亿 | |
| 26 |
 Common WealthWLTH
|
$0.0 | 0% | $0 | $0 | |
| 27 |
 CompoundCOMP
|
$22.2957 | +6.38% | $1,864.17万 | $1.74亿 | |
| 28 |
 ConcreteCT
|
$0.1533 | -5.6% | $1,496.36万 | $1.53亿 | |
| 29 |
 Convex FinanceCVX
|
$2.3747 | -3.67% | $1,034.14万 | $1.88亿 | |
| 30 |
 玉米CORN
|
$0.0246 | +0.2% | $1.36万 | $0 | |
| 31 |
 CreamCREAM
|
$0.4948 | -0.46% | $10.65 | $30.50万 | |
| 32 |
 CurveCRV
|
$0.3416 | -0.26% | $2,769.13万 | $5.23亿 | |
| 33 |
 Dai StablecoinDAI
|
$0.9994 | -0.04% | $30.50万 | $46.44亿 | |
| 34 |
 deBridgeDBR
|
$0.0157 | -3.5% | $480.27万 | $1,835.56万 | |
| 35 |
 DeFi LandDEFILAND
|
$0.0000132 | 0% | $3.38 | $9.45万 | |
| 36 |
 DefiBoxBOX
|
$0.0231 | -1.79% | $2,367.00 | $6.73万 | |
| 37 |
 Dego FinanceDEGO
|
$0.003799 | -0.45% | $1.40万 | $5.38万 | |
| 38 |
 Dexe.networkDEXE
|
$1.5518 | -1.4% | $582.30万 | $1.30亿 | |
| 39 |
 DexlabXLAB
|
$0.0 | 0% | $0 | $0 | |
| 40 |
 dForceDF
|
$0.0 | 0% | $0 | $0.0 | |
| 41 |
 DIADIA
|
$0.1438 | +1.13% | $29.81万 | $1,158.68万 | |
| 42 |
 Disney Tokenized Stock (Ondo)DISON
|
$111.79 | -2.34% | $25.15万 | $98.44万 | |
| 43 |
 Dives DefiDDF
|
$0.0 | 0% | $0 | $0.0 | |
| 44 |
 DMGDMG
|
$0.0 | 0% | $0 | $0 | |
| 45 |
 DODO TokenDODO
|
$0.02456 | -8.69% | $1,889.84万 | $1,081.45万 | |
| 46 |
 Drops Ownership PowerDROPS
|
$0.0 | 0% | $0 | $0.0 | |
| 47 |
 dYdXDYDX
|
$0.1067 | +0.09% | $426.18万 | $1,960.78万 | |
| 48 |
 Equinix Tokenized Stock (Ondo)EQIXON
|
$983.44 | +2.21% | $24.56万 | $157.08万 | |
| 49 |
 AaveLEND
|
$0.0 | 0% | $0 | $0.0 | |
| 50 |
 FILDAFILDA
|
$0.0 | 0% | $0 | $0.0 |
