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
|
$0.096111 | +0.16% | $248.18万 | $8,145.37万 | |
| 2 |
 1inch Token1INCH
|
$0.080649 | -0.27% | $250.58万 | $8,300.66万 | |
| 3 |
 AaveAAVE
|
$128.29 | -2.11% | $1.97亿 | $19.78亿 | |
| 4 |
 AirSwapAST
|
$0.004939 | -0.8% | $1.86万 | $74.08万 | |
| 5 |
 StellaALPHA
|
$0.00039 | -0.4% | $1,363.44 | $31.12万 | |
| 6 |
 American Express Tokenized Stock (Ondo)AXPON
|
$329.43 | +1.97% | $23.26万 | $90.04万 | |
| 7 |
 Amgen Tokenized Stock (Ondo)AMGNON
|
$467.28 | -1.38% | $24.46万 | $6.33万 | |
| 8 |
 AmpleforthAMPL
|
$0.0 | 0% | $0 | $0.0 | |
| 9 |
 Analog Devices Tokenized Stock (Ondo)ADION
|
$427.63 | +0.29% | $23.75万 | $1,787.49 | |
| 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
|
$0.04008 | -1.35% | $4.05万 | $244.98万 | |
| 13 |
 AutoLayerLAY3R
|
$0.0 | 0% | $0 | $0.0 | |
| 14 |
 AvalancheAVAX
|
$8.613 | +0.25% | $1.01亿 | $37.19亿 | |
| 15 |
 AWE NetworkAWE
|
$0.064138 | -1.04% | $60.95万 | $1.25亿 | |
| 16 |
 BabylonBABY
|
$0.011759 | +0.09% | $260.79万 | $2,697.56万 | |
| 17 |
 面包BAKE
|
$0.000291 | +2.18% | $17.67 | $5.64万 | |
| 18 |
 BalancerBAL
|
$0.1204 | -1.39% | $1.58万 | $83.60万 | |
| 19 |
 BancorBNT
|
$0.284 | -0.6% | $22.04万 | $7,816.02万 | |
| 20 |
 半岛协议BAND
|
$0.1909 | +1.22% | $32.90万 | $671.81万 | |
| 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
|
$11.1805 | -1.07% | $2.20亿 | $83.64亿 | |
| 25 |
 CHIPCHIP
|
$0.0413 | -0.72% | $7.19 | $8,260.00万 | |
| 26 |
 Common WealthWLTH
|
$0.0 | 0% | $0 | $0 | |
| 27 |
 CompoundCOMP
|
$19.9851 | -1.02% | $581.59万 | $1.56亿 | |
| 28 |
 ConcreteCT
|
$0.1265 | -2.47% | $826.16万 | $1.26亿 | |
| 29 |
 Convex FinanceCVX
|
$1.918 | -3.49% | $808.25万 | $1.51亿 | |
| 30 |
 玉米CORN
|
$0.02242 | -8.23% | $1.52万 | $0 | |
| 31 |
 CreamCREAM
|
$0.4809 | -0.21% | $1,464.00 | $29.64万 | |
| 32 |
 CurveCRV
|
$0.264 | -2.91% | $2,174.33万 | $4.04亿 | |
| 33 |
 Dai StablecoinDAI
|
$0.9995 | +1.69% | $219.72万 | $46.44亿 | |
| 34 |
 deBridgeDBR
|
$0.012857 | -5.82% | $454.62万 | $1,503.17万 | |
| 35 |
 DeFi LandDEFILAND
|
$0.00000827 | -0.84% | $24.21 | $5.90万 | |
| 36 |
 DefiBoxBOX
|
$0.0205 | +7.74% | $1.13万 | $5.97万 | |
| 37 |
 Dego FinanceDEGO
|
$0.002949 | +8.78% | $7,785.45 | $4.18万 | |
| 38 |
 Dexe.networkDEXE
|
$1.3908 | -2.52% | $628.83万 | $1.16亿 | |
| 39 |
 DexlabXLAB
|
$0.0 | 0% | $0 | $0 | |
| 40 |
 dForceDF
|
$0.0 | 0% | $0 | $0.0 | |
| 41 |
 DIADIA
|
$0.1501 | +2.53% | $31.68万 | $1,209.44万 | |
| 42 |
 Disney Tokenized Stock (Ondo)DISON
|
$114.01 | +1.53% | $25.22万 | $100.40万 | |
| 43 |
 Dives DefiDDF
|
$0.0 | 0% | $0 | $0.0 | |
| 44 |
 DMGDMG
|
$0.0 | 0% | $0 | $0 | |
| 45 |
 DODO TokenDODO
|
$0.022036 | -3.81% | $472.86万 | $970.31万 | |
| 46 |
 Drops Ownership PowerDROPS
|
$0.0 | 0% | $0 | $0.0 | |
| 47 |
 dYdXDYDX
|
$0.1031 | +0.19% | $204.72万 | $1,894.62万 | |
| 48 |
 Equinix Tokenized Stock (Ondo)EQIXON
|
$1,013.14 | -1.78% | $25.66万 | $161.82万 | |
| 49 |
 AaveLEND
|
$0.0 | 0% | $0 | $0.0 | |
| 50 |
 FILDAFILDA
|
$0.0 | 0% | $0 | $0.0 |
