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
|
$0.1023 | -2.85% | $202.14万 | $8,669.88万 | |
| 2 |
 1inch Token1INCH
|
$0.089233 | -1.37% | $263.41万 | $9,184.16万 | |
| 3 |
 AaveAAVE
|
$136.92 | -4.35% | $1.92亿 | $21.11亿 | |
| 4 |
 AirSwapAST
|
$0.00491 | +1.2% | $15.10万 | $73.65万 | |
| 5 |
 StellaALPHA
|
$0.000434 | +1.13% | $1,689.70 | $34.66万 | |
| 6 |
 American Express Tokenized Stock (Ondo)AXPON
|
$318.52 | +0.61% | $24.71万 | $87.06万 | |
| 7 |
 Amgen Tokenized Stock (Ondo)AMGNON
|
$448.62 | -0.3% | $24.31万 | $6.08万 | |
| 8 |
 AmpleforthAMPL
|
$0 | 0% | $0 | $0 | |
| 9 |
 Analog Devices Tokenized Stock (Ondo)ADION
|
$391.86 | -0.39% | $23.14万 | $1,637.97 | |
| 10 |
 Anchor ProtocolANC
|
$0 | 0% | $0 | $0 | |
| 11 |
 阿拉贡ANT
|
$0.0484 | -0.98% | $0.07 | $191.71万 | |
| 12 |
 Atlas DEXATLASDEX
|
$0.04015 | -2.36% | $2.39万 | $245.41万 | |
| 13 |
 AutoLayerLAY3R
|
$0 | 0% | $0 | $0 | |
| 14 |
 AvalancheAVAX
|
$8.8822 | -1.52% | $1.26亿 | $38.35亿 | |
| 15 |
 AWE NetworkAWE
|
$0.062864 | -4.17% | $44.18万 | $1.22亿 | |
| 16 |
 BabylonBABY
|
$0.013092 | -3.66% | $506.05万 | $3,003.35万 | |
| 17 |
 面包BAKE
|
$0.000353 | +0.26% | $47.87 | $6.83万 | |
| 18 |
 BalancerBAL
|
$0.1199 | -1.15% | $1.21万 | $83.26万 | |
| 19 |
 BancorBNT
|
$0.2997 | -1.22% | $110.18万 | $8,248.10万 | |
| 20 |
 半岛协议BAND
|
$0.2059 | -1.01% | $20.37万 | $724.60万 | |
| 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
|
$11.4418 | -3.07% | $2.10亿 | $85.60亿 | |
| 25 |
 CHIPCHIP
|
$0.04495 | +3.21% | $7.19 | $8,990.00万 | |
| 26 |
 Common WealthWLTH
|
$0 | 0% | $0 | $0 | |
| 27 |
 CompoundCOMP
|
$23.3434 | -2.3% | $612.82万 | $1.83亿 | |
| 28 |
 ConcreteCT
|
$0.1692 | -11.37% | $3,054.42万 | $1.69亿 | |
| 29 |
 Convex FinanceCVX
|
$2.4615 | +3.39% | $1,055.57万 | $1.94亿 | |
| 30 |
 玉米CORN
|
$0.02466 | -0.84% | $2.32万 | $0 | |
| 31 |
 CreamCREAM
|
$0.4995 | -1.3% | $1,494.75 | $30.79万 | |
| 32 |
 CurveCRV
|
$0.3485 | -2.05% | $2,232.51万 | $5.34亿 | |
| 33 |
 Dai StablecoinDAI
|
$1.0001 | +0.03% | $4.95万 | $46.47亿 | |
| 34 |
 deBridgeDBR
|
$0.016513 | -0.49% | $179.33万 | $1,930.61万 | |
| 35 |
 DeFi LandDEFILAND
|
$0.0000132 | -0.53% | $6.65 | $9.44万 | |
| 36 |
 DefiBoxBOX
|
$0.02406 | 0% | $497.25 | $7.02万 | |
| 37 |
 Dego FinanceDEGO
|
$0.003841 | +1.32% | $1.41万 | $5.44万 | |
| 38 |
 Dexe.networkDEXE
|
$1.6047 | -2.0% | $703.57万 | $1.34亿 | |
| 39 |
 DexlabXLAB
|
$0 | 0% | $0 | $0 | |
| 40 |
 dForceDF
|
$0 | 0% | $0 | $0 | |
| 41 |
 DIADIA
|
$0.1452 | -4.6% | $16.03万 | $1,169.96万 | |
| 42 |
 Disney Tokenized Stock (Ondo)DISON
|
$114.58 | +0.04% | $24.93万 | $100.90万 | |
| 43 |
 Dives DefiDDF
|
$0 | 0% | $0 | $0 | |
| 44 |
 DMGDMG
|
$0 | 0% | $0 | $0 | |
| 45 |
 DODO TokenDODO
|
$0.022482 | +4.19% | $446.25万 | $989.95万 | |
| 46 |
 Drops Ownership PowerDROPS
|
$0 | 0% | $0 | $0 | |
| 47 |
 dYdXDYDX
|
$0.1089 | -2.94% | $232.85万 | $2,001.21万 | |
| 48 |
 Equinix Tokenized Stock (Ondo)EQIXON
|
$962.65 | +0.19% | $24.81万 | $153.76万 | |
| 49 |
 AaveLEND
|
$0 | 0% | $0 | $0 | |
| 50 |
 FILDAFILDA
|
$0 | 0% | $0 | $0 |
