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
|
$0.09369 | +0.62% | $233.32万 | $7,940.19万 | |
| 2 |
 1inch Token1INCH
|
$0.079811 | +0.74% | $243.10万 | $8,214.41万 | |
| 3 |
 AaveAAVE
|
$124.87 | +0.18% | $1.86亿 | $19.25亿 | |
| 4 |
 AirSwapAST
|
$0.005139 | +4.15% | $2.10万 | $77.08万 | |
| 5 |
 StellaALPHA
|
$0.000405 | +7.12% | $3,346.54 | $32.32万 | |
| 6 |
 American Express Tokenized Stock (Ondo)AXPON
|
$326.96 | -1.4% | $23.18万 | $89.37万 | |
| 7 |
 Amgen Tokenized Stock (Ondo)AMGNON
|
$458.56 | -2.57% | $24.87万 | $6.21万 | |
| 8 |
 AmpleforthAMPL
|
$0.0 | 0% | $0 | $0.0 | |
| 9 |
 Analog Devices Tokenized Stock (Ondo)ADION
|
$424.39 | +0.54% | $24.63万 | $1,773.95 | |
| 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
|
$0.03993 | -1.46% | $3.14万 | $244.06万 | |
| 13 |
 AutoLayerLAY3R
|
$0.0 | 0% | $0 | $0.0 | |
| 14 |
 AvalancheAVAX
|
$8.3723 | +0.8% | $1.06亿 | $36.15亿 | |
| 15 |
 AWE NetworkAWE
|
$0.063076 | -1.25% | $52.55万 | $1.23亿 | |
| 16 |
 BabylonBABY
|
$0.011341 | -1.71% | $239.36万 | $2,601.67万 | |
| 17 |
 面包BAKE
|
$0.000302 | +2.72% | $20.66 | $5.84万 | |
| 18 |
 BalancerBAL
|
$0.1198 | -0.83% | $9,016.07 | $83.19万 | |
| 19 |
 BancorBNT
|
$0.278 | -1.21% | $23.85万 | $7,650.89万 | |
| 20 |
 半岛协议BAND
|
$0.1854 | -0.22% | $30.20万 | $652.46万 | |
| 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
|
$10.7191 | -3.29% | $2.06亿 | $80.19亿 | |
| 25 |
 CHIPCHIP
|
$0.03906 | +0.15% | $250.10 | $7,812.00万 | |
| 26 |
 Common WealthWLTH
|
$0.0 | 0% | $0 | $0 | |
| 27 |
 CompoundCOMP
|
$19.574 | -1.04% | $803.49万 | $1.53亿 | |
| 28 |
 ConcreteCT
|
$0.1296 | +4.1% | $940.99万 | $1.30亿 | |
| 29 |
 Convex FinanceCVX
|
$1.8225 | -4.89% | $830.65万 | $1.44亿 | |
| 30 |
 玉米CORN
|
$0.02168 | -11.18% | $2.33万 | $0 | |
| 31 |
 CreamCREAM
|
$0.4803 | -0.12% | $61.08 | $29.60万 | |
| 32 |
 CurveCRV
|
$0.2548 | -2.79% | $1,992.98万 | $3.90亿 | |
| 33 |
 Dai StablecoinDAI
|
$0.9964 | -0.31% | $4.25万 | $46.30亿 | |
| 34 |
 deBridgeDBR
|
$0.012471 | -4.63% | $488.01万 | $1,458.04万 | |
| 35 |
 DeFi LandDEFILAND
|
$0.00000823 | -0.48% | $3.49 | $5.87万 | |
| 36 |
 DefiBoxBOX
|
$0.0202 | +1.51% | $5,721.00 | $5.88万 | |
| 37 |
 Dego FinanceDEGO
|
$0.002939 | +6.49% | $5,345.70 | $4.16万 | |
| 38 |
 Dexe.networkDEXE
|
$1.3708 | +0.81% | $541.43万 | $1.15亿 | |
| 39 |
 DexlabXLAB
|
$0.0 | 0% | $0 | $0 | |
| 40 |
 dForceDF
|
$0.0 | 0% | $0 | $0.0 | |
| 41 |
 DIADIA
|
$0.1433 | +0.42% | $25.29万 | $1,154.65万 | |
| 42 |
 Disney Tokenized Stock (Ondo)DISON
|
$114.93 | +0.55% | $25.34万 | $101.21万 | |
| 43 |
 Dives DefiDDF
|
$0.0 | 0% | $0 | $0.0 | |
| 44 |
 DMGDMG
|
$0.0 | 0% | $0 | $0 | |
| 45 |
 DODO TokenDODO
|
$0.021308 | -1.66% | $432.51万 | $938.26万 | |
| 46 |
 Drops Ownership PowerDROPS
|
$0.0 | 0% | $0 | $0.0 | |
| 47 |
 dYdXDYDX
|
$0.099634 | -0.76% | $193.10万 | $1,830.93万 | |
| 48 |
 Equinix Tokenized Stock (Ondo)EQIXON
|
$1,023.64 | +1.55% | $24.94万 | $163.50万 | |
| 49 |
 AaveLEND
|
$0.0 | 0% | $0 | $0.0 | |
| 50 |
 FILDAFILDA
|
$0.0 | 0% | $0 | $0.0 |
