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
|
$0.09598 | +2.83% | $218.82万 | $8,134.27万 | |
| 2 |
 1inch Token1INCH
|
$0.081406 | +2.01% | $240.43万 | $8,378.58万 | |
| 3 |
 AaveAAVE
|
$127.57 | +0.24% | $1.84亿 | $19.67亿 | |
| 4 |
 AirSwapAST
|
$0.004971 | -0.56% | $1.46万 | $74.56万 | |
| 5 |
 StellaALPHA
|
$0.000409 | +5.89% | $3,127.59 | $32.65万 | |
| 6 |
 American Express Tokenized Stock (Ondo)AXPON
|
$328.97 | -1.03% | $23.45万 | $89.92万 | |
| 7 |
 Amgen Tokenized Stock (Ondo)AMGNON
|
$470.01 | -0.65% | $24.64万 | $6.37万 | |
| 8 |
 AmpleforthAMPL
|
$0 | 0% | $0 | $0 | |
| 9 |
 Analog Devices Tokenized Stock (Ondo)ADION
|
$424.07 | +0.67% | $24.20万 | $1,772.61 | |
| 10 |
 Anchor ProtocolANC
|
$0 | 0% | $0 | $0 | |
| 11 |
 阿拉贡ANT
|
$0.09991 | 0% | $2.62 | $395.74万 | |
| 12 |
 Atlas DEXATLASDEX
|
$0.04008 | -0.72% | $3.45万 | $244.98万 | |
| 13 |
 AutoLayerLAY3R
|
$0 | 0% | $0 | $0 | |
| 14 |
 AvalancheAVAX
|
$8.5341 | +1.81% | $9,351.13万 | $36.85亿 | |
| 15 |
 AWE NetworkAWE
|
$0.063258 | -0.83% | $57.89万 | $1.23亿 | |
| 16 |
 BabylonBABY
|
$0.011653 | +0.38% | $255.65万 | $2,673.24万 | |
| 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
|
$0.2837 | +0.18% | $20.20万 | $7,807.76万 | |
| 20 |
 半岛协议BAND
|
$0.1904 | +2.37% | $29.47万 | $670.05万 | |
| 21 |
 比原链BTM
|
$0 | 0% | $0 | $0 | |
| 22 |
 bZx ProtocolBZRX
|
$0 | 0% | $0 | $0 | |
| 23 |
 Capital One Tokenized Stock (Ondo)COFON
|
$0 | 0% | $0 | $0 | |
| 24 |
 ChainLinkLINK
|
$11.0735 | -0.42% | $2.04亿 | $82.84亿 | |
| 25 |
 CHIPCHIP
|
$0.04054 | +2.68% | $7.55 | $8,108.00万 | |
| 26 |
 Common WealthWLTH
|
$0 | 0% | $0 | $0 | |
| 27 |
 CompoundCOMP
|
$19.9662 | -0.17% | $782.96万 | $1.56亿 | |
| 28 |
 ConcreteCT
|
$0.1271 | +3.0% | $853.24万 | $1.27亿 | |
| 29 |
 Convex FinanceCVX
|
$1.8794 | -3.32% | $801.63万 | $1.48亿 | |
| 30 |
 玉米CORN
|
$0.02198 | -9.77% | $2.16万 | $0 | |
| 31 |
 CreamCREAM
|
$0.4849 | -0.66% | $6.62 | $29.89万 | |
| 32 |
 CurveCRV
|
$0.2588 | -2.74% | $1,857.20万 | $3.96亿 | |
| 33 |
 Dai StablecoinDAI
|
$0.9992 | -0.02% | $45.11万 | $46.43亿 | |
| 34 |
 deBridgeDBR
|
$0.01276 | -6.22% | $435.71万 | $1,491.83万 | |
| 35 |
 DeFi LandDEFILAND
|
$0.00000827 | +0.49% | $2.11 | $5.90万 | |
| 36 |
 DefiBoxBOX
|
$0.02037 | +3.51% | $6,248.90 | $5.94万 | |
| 37 |
 Dego FinanceDEGO
|
$0.002947 | +8.67% | $6,729.54 | $4.17万 | |
| 38 |
 Dexe.networkDEXE
|
$1.3985 | +1.83% | $547.12万 | $1.17亿 | |
| 39 |
 DexlabXLAB
|
$0 | 0% | $0 | $0 | |
| 40 |
 dForceDF
|
$0 | 0% | $0 | $0 | |
| 41 |
 DIADIA
|
$0.1462 | +2.45% | $23.81万 | $1,178.01万 | |
| 42 |
 Disney Tokenized Stock (Ondo)DISON
|
$114.89 | +0.38% | $25.47万 | $101.17万 | |
| 43 |
 Dives DefiDDF
|
$0 | 0% | $0 | $0 | |
| 44 |
 DMGDMG
|
$0 | 0% | $0 | $0 | |
| 45 |
 DODO TokenDODO
|
$0.022192 | -0.43% | $453.26万 | $977.18万 | |
| 46 |
 Drops Ownership PowerDROPS
|
$0 | 0% | $0 | $0 | |
| 47 |
 dYdXDYDX
|
$0.1031 | +2.18% | $175.49万 | $1,894.62万 | |
| 48 |
 Equinix Tokenized Stock (Ondo)EQIXON
|
$1,024.98 | +2.26% | $25.99万 | $163.71万 | |
| 49 |
 AaveLEND
|
$0 | 0% | $0 | $0 | |
| 50 |
 FILDAFILDA
|
$0 | 0% | $0 | $0 |
