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
|
$0.095805 | +3.51% | $219.15万 | $8,119.44万 | |
| 2 |
 1inch Token1INCH
|
$0.081308 | +2.45% | $241.18万 | $8,368.49万 | |
| 3 |
 AaveAAVE
|
$127.15 | -0.08% | $1.84亿 | $19.60亿 | |
| 4 |
 AirSwapAST
|
$0.004971 | -0.56% | $1.45万 | $74.56万 | |
| 5 |
 StellaALPHA
|
$0.000409 | +5.89% | $3,128.00 | $32.65万 | |
| 6 |
 American Express Tokenized Stock (Ondo)AXPON
|
$329.26 | -0.71% | $23.25万 | $90.00万 | |
| 7 |
 Amgen Tokenized Stock (Ondo)AMGNON
|
$469.34 | -0.84% | $24.43万 | $6.36万 | |
| 8 |
 AmpleforthAMPL
|
$0.0 | 0% | $0 | $0.0 | |
| 9 |
 Analog Devices Tokenized Stock (Ondo)ADION
|
$422.66 | +0.41% | $24.04万 | $1,766.72 | |
| 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
|
$0.04006 | -0.72% | $3.46万 | $244.86万 | |
| 13 |
 AutoLayerLAY3R
|
$0.0 | 0% | $0 | $0.0 | |
| 14 |
 AvalancheAVAX
|
$8.5322 | +2.2% | $9,325.55万 | $36.84亿 | |
| 15 |
 AWE NetworkAWE
|
$0.063289 | -0.38% | $58.22万 | $1.23亿 | |
| 16 |
 BabylonBABY
|
$0.011632 | +0.64% | $256.00万 | $2,668.42万 | |
| 17 |
 面包BAKE
|
$0.000291 | -0.16% | $17.67 | $5.64万 | |
| 18 |
 BalancerBAL
|
$0.1198 | -1.48% | $1.64万 | $83.19万 | |
| 19 |
 BancorBNT
|
$0.2836 | +0.53% | $20.28万 | $7,805.01万 | |
| 20 |
 半岛协议BAND
|
$0.1901 | +2.42% | $29.58万 | $669.00万 | |
| 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
|
$11.0478 | -0.42% | $2.04亿 | $82.65亿 | |
| 25 |
 CHIPCHIP
|
$0.0409 | +3.52% | $7.11 | $8,174.00万 | |
| 26 |
 Common WealthWLTH
|
$0.0 | 0% | $0 | $0 | |
| 27 |
 CompoundCOMP
|
$19.9797 | +0.18% | $780.88万 | $1.56亿 | |
| 28 |
 ConcreteCT
|
$0.1269 | +1.44% | $857.19万 | $1.27亿 | |
| 29 |
 Convex FinanceCVX
|
$1.8807 | -2.96% | $803.08万 | $1.49亿 | |
| 30 |
 玉米CORN
|
$0.02198 | -9.81% | $2.15万 | $0 | |
| 31 |
 CreamCREAM
|
$0.4849 | -0.66% | $6.62 | $29.89万 | |
| 32 |
 CurveCRV
|
$0.2589 | -2.78% | $1,848.15万 | $3.96亿 | |
| 33 |
 Dai StablecoinDAI
|
$0.9994 | 0% | $45.11万 | $46.44亿 | |
| 34 |
 deBridgeDBR
|
$0.012753 | -6.29% | $432.09万 | $1,491.01万 | |
| 35 |
 DeFi LandDEFILAND
|
$0.00000827 | +0.49% | $2.11 | $5.90万 | |
| 36 |
 DefiBoxBOX
|
$0.02037 | +3.98% | $6,308.74 | $5.94万 | |
| 37 |
 Dego FinanceDEGO
|
$0.002942 | +8.48% | $6,873.49 | $4.17万 | |
| 38 |
 Dexe.networkDEXE
|
$1.3987 | +2.57% | $551.67万 | $1.17亿 | |
| 39 |
 DexlabXLAB
|
$0.0 | 0% | $0 | $0 | |
| 40 |
 dForceDF
|
$0.0 | 0% | $0 | $0.0 | |
| 41 |
 DIADIA
|
$0.1455 | +2.39% | $23.93万 | $1,172.37万 | |
| 42 |
 Disney Tokenized Stock (Ondo)DISON
|
$115.11 | +0.55% | $25.41万 | $101.37万 | |
| 43 |
 Dives DefiDDF
|
$0.0 | 0% | $0 | $0.0 | |
| 44 |
 DMGDMG
|
$0.0 | 0% | $0 | $0 | |
| 45 |
 DODO TokenDODO
|
$0.022188 | -0.44% | $453.57万 | $977.01万 | |
| 46 |
 Drops Ownership PowerDROPS
|
$0.0 | 0% | $0 | $0.0 | |
| 47 |
 dYdXDYDX
|
$0.103 | +2.39% | $175.92万 | $1,892.78万 | |
| 48 |
 Equinix Tokenized Stock (Ondo)EQIXON
|
$1,024.93 | +2.34% | $26.01万 | $163.70万 | |
| 49 |
 AaveLEND
|
$0.0 | 0% | $0 | $0.0 | |
| 50 |
 FILDAFILDA
|
$0.0 | 0% | $0 | $0.0 |
