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
|
$0.094039 | -2.15% | $244.59万 | $7,969.77万 | |
| 2 |
 1inch Token1INCH
|
$0.079592 | -2.01% | $255.51万 | $8,191.87万 | |
| 3 |
 AaveAAVE
|
$127.19 | -5.17% | $1.95亿 | $19.61亿 | |
| 4 |
 AirSwapAST
|
$0.004922 | -2.57% | $1.88万 | $73.83万 | |
| 5 |
 StellaALPHA
|
$0.000378 | -7.46% | $733.69 | $30.13万 | |
| 6 |
 American Express Tokenized Stock (Ondo)AXPON
|
$331.82 | +2.62% | $22.98万 | $90.70万 | |
| 7 |
 Amgen Tokenized Stock (Ondo)AMGNON
|
$474.62 | +0.22% | $25.08万 | $6.43万 | |
| 8 |
 AmpleforthAMPL
|
$0.0 | 0% | $0 | $0.0 | |
| 9 |
 Analog Devices Tokenized Stock (Ondo)ADION
|
$421.47 | -0.86% | $23.98万 | $1,761.74 | |
| 10 |
 Anchor ProtocolANC
|
$0.0 | 0% | $0 | $0.0 | |
| 11 |
 阿拉贡ANT
|
$0.0999 | +1.37% | $2.62 | $395.74万 | |
| 12 |
 Atlas DEXATLASDEX
|
$0.04023 | +1.87% | $3.71万 | $245.89万 | |
| 13 |
 AutoLayerLAY3R
|
$0.0 | 0% | $0 | $0.0 | |
| 14 |
 AvalancheAVAX
|
$8.3504 | -2.75% | $1.06亿 | $36.05亿 | |
| 15 |
 AWE NetworkAWE
|
$0.063355 | -1.45% | $77.55万 | $1.23亿 | |
| 16 |
 BabylonBABY
|
$0.01153 | -2.6% | $259.70万 | $2,645.02万 | |
| 17 |
 面包BAKE
|
$0.000294 | -6.58% | $19.71 | $5.69万 | |
| 18 |
 BalancerBAL
|
$0.1198 | -1.96% | $1.68万 | $83.19万 | |
| 19 |
 BancorBNT
|
$0.2819 | -1.43% | $22.07万 | $7,758.22万 | |
| 20 |
 半岛协议BAND
|
$0.1866 | -1.06% | $29.73万 | $656.68万 | |
| 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
|
$11.0935 | -2.32% | $2.22亿 | $82.99亿 | |
| 25 |
 CHIPCHIP
|
$0.03918 | -8.33% | $5.79 | $7,836.00万 | |
| 26 |
 Common WealthWLTH
|
$0.0 | 0% | $0 | $0 | |
| 27 |
 CompoundCOMP
|
$19.7258 | -2.41% | $602.11万 | $1.54亿 | |
| 28 |
 ConcreteCT
|
$0.1238 | -5.5% | $731.99万 | $1.24亿 | |
| 29 |
 Convex FinanceCVX
|
$1.9068 | -4.48% | $768.98万 | $1.51亿 | |
| 30 |
 玉米CORN
|
$0.02437 | -0.08% | $1.04万 | $0 | |
| 31 |
 CreamCREAM
|
$0.4809 | +1.26% | $1,477.00 | $29.64万 | |
| 32 |
 CurveCRV
|
$0.2617 | -4.56% | $2,119.96万 | $4.01亿 | |
| 33 |
 Dai StablecoinDAI
|
$0.9995 | -0.02% | $222.43万 | $46.44亿 | |
| 34 |
 deBridgeDBR
|
$0.013086 | -3.82% | $345.64万 | $1,529.95万 | |
| 35 |
 DeFi LandDEFILAND
|
$0.00000823 | -1.32% | $24.12 | $5.87万 | |
| 36 |
 DefiBoxBOX
|
$0.02049 | +7.9% | $1.13万 | $5.98万 | |
| 37 |
 Dego FinanceDEGO
|
$0.002911 | +0.14% | $1.30万 | $4.12万 | |
| 38 |
 Dexe.networkDEXE
|
$1.3611 | -4.78% | $596.20万 | $1.14亿 | |
| 39 |
 DexlabXLAB
|
$0.0 | 0% | $0 | $0 | |
| 40 |
 dForceDF
|
$0.0 | 0% | $0 | $0.0 | |
| 41 |
 DIADIA
|
$0.1445 | -1.5% | $51.41万 | $1,164.32万 | |
| 42 |
 Disney Tokenized Stock (Ondo)DISON
|
$114.34 | +2.25% | $25.09万 | $100.69万 | |
| 43 |
 Dives DefiDDF
|
$0.0 | 0% | $0 | $0.0 | |
| 44 |
 DMGDMG
|
$0.0 | 0% | $0 | $0 | |
| 45 |
 DODO TokenDODO
|
$0.021877 | -3.68% | $211.46万 | $963.31万 | |
| 46 |
 Drops Ownership PowerDROPS
|
$0.0 | 0% | $0 | $0.0 | |
| 47 |
 dYdXDYDX
|
$0.1001 | -3.38% | $197.01万 | $1,839.49万 | |
| 48 |
 Equinix Tokenized Stock (Ondo)EQIXON
|
$1,012.50 | -1.97% | $25.35万 | $161.72万 | |
| 49 |
 AaveLEND
|
$0.0 | 0% | $0 | $0.0 | |
| 50 |
 FILDAFILDA
|
$0.0 | 0% | $0 | $0.0 |
