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
|
$0.092118 | -6.13% | $219.78万 | $7,806.96万 | |
| 2 |
 1inch Token1INCH
|
$0.079912 | -4.5% | $311.96万 | $8,224.81万 | |
| 3 |
 AaveAAVE
|
$128.13 | -2.83% | $2.04亿 | $19.75亿 | |
| 4 |
 AirSwapAST
|
$0.004905 | -7.31% | $2.33万 | $73.58万 | |
| 5 |
 StellaALPHA
|
$0.000419 | +11.9% | $6,349.94 | $33.44万 | |
| 6 |
 American Express Tokenized Stock (Ondo)AXPON
|
$331.16 | -0.81% | $25.18万 | $90.52万 | |
| 7 |
 Amgen Tokenized Stock (Ondo)AMGNON
|
$475.59 | -1.77% | $24.09万 | $6.44万 | |
| 8 |
 AmpleforthAMPL
|
$0.0 | 0% | $0 | $0.0 | |
| 9 |
 Analog Devices Tokenized Stock (Ondo)ADION
|
$378.06 | -7.47% | $25.57万 | $1,580.29 | |
| 10 |
 Anchor ProtocolANC
|
$0.0 | 0% | $0 | $0.0 | |
| 11 |
 阿拉贡ANT
|
$0.0 | 0% | $0 | $0.0 | |
| 12 |
 Atlas DEXATLASDEX
|
$0.0387 | -2.74% | $3.57万 | $236.54万 | |
| 13 |
 AutoLayerLAY3R
|
$0.0 | 0% | $0 | $0.0 | |
| 14 |
 AvalancheAVAX
|
$8.2926 | -5.94% | $1.15亿 | $35.81亿 | |
| 15 |
 AWE NetworkAWE
|
$0.061971 | -6.91% | $133.10万 | $1.20亿 | |
| 16 |
 BabylonBABY
|
$0.011627 | -1.72% | $322.56万 | $2,667.28万 | |
| 17 |
 面包BAKE
|
$0.000297 | -4.3% | $21.11 | $5.74万 | |
| 18 |
 BalancerBAL
|
$0.1165 | -6.2% | $2.16万 | $80.90万 | |
| 19 |
 BancorBNT
|
$0.2809 | -3.87% | $48.69万 | $7,730.70万 | |
| 20 |
 半岛协议BAND
|
$0.18 | -6.69% | $39.96万 | $633.45万 | |
| 21 |
 比原链BTM
|
$0.006624 | -0.69% | $0.19 | $1,086.68万 | |
| 22 |
 bZx ProtocolBZRX
|
$0.0 | 0% | $0 | $0.0 | |
| 23 |
 Capital One Tokenized Stock (Ondo)COFON
|
$0.0 | 0% | $0 | $0.0 | |
| 24 |
 ChainLinkLINK
|
$10.727 | -6.59% | $2.56亿 | $80.25亿 | |
| 25 |
 CHIPCHIP
|
$0.0378 | -12.78% | $12.14 | $7,560.00万 | |
| 26 |
 Common WealthWLTH
|
$0.0 | 0% | $0 | $0 | |
| 27 |
 CompoundCOMP
|
$19.5066 | -3.59% | $591.52万 | $1.53亿 | |
| 28 |
 ConcreteCT
|
$0.1259 | -1.79% | $1,306.51万 | $1.26亿 | |
| 29 |
 Convex FinanceCVX
|
$1.8263 | -5.84% | $846.65万 | $1.44亿 | |
| 30 |
 玉米CORN
|
$0.01908 | -7.92% | $1.59万 | $0 | |
| 31 |
 CreamCREAM
|
$0.5094 | +3.6% | $152.01 | $31.40万 | |
| 32 |
 CurveCRV
|
$0.2555 | -6.89% | $2,401.11万 | $3.91亿 | |
| 33 |
 Dai StablecoinDAI
|
$0.9995 | +0.38% | $12.65万 | $46.44亿 | |
| 34 |
 deBridgeDBR
|
$0.012566 | -1.27% | $556.06万 | $1,469.15万 | |
| 35 |
 DeFi LandDEFILAND
|
$0.00000824 | -0.6% | $4.84 | $5.88万 | |
| 36 |
 DefiBoxBOX
|
$0.02 | -1.62% | $1,636.00 | $5.84万 | |
| 37 |
 Dego FinanceDEGO
|
$0.002857 | -7.21% | $779.96 | $4.05万 | |
| 38 |
 Dexe.networkDEXE
|
$1.2877 | -7.51% | $673.83万 | $1.08亿 | |
| 39 |
 DexlabXLAB
|
$0.0 | 0% | $0 | $0 | |
| 40 |
 dForceDF
|
$0.0 | 0% | $0 | $0.0 | |
| 41 |
 DIADIA
|
$0.1355 | -8.01% | $22.25万 | $1,091.80万 | |
| 42 |
 Disney Tokenized Stock (Ondo)DISON
|
$118.86 | -1.34% | $25.42万 | $104.67万 | |
| 43 |
 Dives DefiDDF
|
$0.0 | 0% | $0 | $0.0 | |
| 44 |
 DMGDMG
|
$0.0 | 0% | $0 | $0 | |
| 45 |
 DODO TokenDODO
|
$0.022199 | +0.74% | $514.73万 | $977.49万 | |
| 46 |
 Drops Ownership PowerDROPS
|
$0.0 | 0% | $0 | $0.0 | |
| 47 |
 dYdXDYDX
|
$0.096076 | -8.32% | $285.25万 | $1,765.55万 | |
| 48 |
 Equinix Tokenized Stock (Ondo)EQIXON
|
$1,016.60 | -3.06% | $23.82万 | $162.37万 | |
| 49 |
 AaveLEND
|
$0.0 | 0% | $0 | $0.0 | |
| 50 |
 FILDAFILDA
|
$0.0 | 0% | $0 | $0.0 |
