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
|
$0.093405 | +0.93% | $228.65万 | $7,916.04万 | |
| 2 |
 1inch Token1INCH
|
$0.079729 | +1.45% | $474.61万 | $8,205.97万 | |
| 3 |
 AaveAAVE
|
$131.85 | +0.44% | $1.25亿 | $20.33亿 | |
| 4 |
 AirSwapAST
|
$0.005011 | -0.61% | $3.60万 | $75.17万 | |
| 5 |
 StellaALPHA
|
$0.000348 | -2.16% | $994.71 | $27.75万 | |
| 6 |
 American Express Tokenized Stock (Ondo)AXPON
|
$328.04 | +0.5% | $24.54万 | $89.66万 | |
| 7 |
 Amgen Tokenized Stock (Ondo)AMGNON
|
$467.23 | -0.19% | $24.71万 | $6.33万 | |
| 8 |
 AmpleforthAMPL
|
$0.0 | 0% | $0 | $0.0 | |
| 9 |
 Analog Devices Tokenized Stock (Ondo)ADION
|
$363.49 | -0.66% | $24.94万 | $1,519.39 | |
| 10 |
 Anchor ProtocolANC
|
$0.0 | 0% | $0 | $0.0 | |
| 11 |
 阿拉贡ANT
|
$0.0 | 0% | $0 | $0.0 | |
| 12 |
 Atlas DEXATLASDEX
|
$0.03841 | -2.98% | $1.49万 | $234.77万 | |
| 13 |
 AutoLayerLAY3R
|
$0.0 | 0% | $0 | $0.0 | |
| 14 |
 AvalancheAVAX
|
$8.2413 | -1.82% | $4,826.15万 | $35.58亿 | |
| 15 |
 AWE NetworkAWE
|
$0.063277 | +1.56% | $32.38万 | $1.23亿 | |
| 16 |
 BabylonBABY
|
$0.011228 | -1.06% | $215.20万 | $2,575.74万 | |
| 17 |
 面包BAKE
|
$0.000092 | -69.21% | $25.07 | $1.78万 | |
| 18 |
 BalancerBAL
|
$0.1174 | -0.25% | $1.76万 | $81.52万 | |
| 19 |
 BancorBNT
|
$0.276 | -0.97% | $15.56万 | $7,595.85万 | |
| 20 |
 半岛协议BAND
|
$0.1833 | +0.05% | $15.50万 | $645.07万 | |
| 21 |
 比原链BTM
|
$0.006403 | -3.34% | $3,255.00 | $1,050.42万 | |
| 22 |
 bZx ProtocolBZRX
|
$0.0 | 0% | $0 | $0.0 | |
| 23 |
 Capital One Tokenized Stock (Ondo)COFON
|
$0.0 | 0% | $0 | $0.0 | |
| 24 |
 ChainLinkLINK
|
$10.8939 | +0.28% | $1.45亿 | $81.50亿 | |
| 25 |
 CHIPCHIP
|
$0.0351 | -6.28% | $7.54 | $7,016.00万 | |
| 26 |
 Common WealthWLTH
|
$0.0 | 0% | $0 | $0 | |
| 27 |
 CompoundCOMP
|
$20.0382 | -0.31% | $881.39万 | $1.57亿 | |
| 28 |
 ConcreteCT
|
$0.1293 | +4.02% | $1,776.42万 | $1.29亿 | |
| 29 |
 Convex FinanceCVX
|
$1.8233 | -2.2% | $808.84万 | $1.44亿 | |
| 30 |
 玉米CORN
|
$0.01697 | -5.14% | $1.95万 | $0 | |
| 31 |
 CreamCREAM
|
$0.4756 | +2.61% | $281.32 | $29.31万 | |
| 32 |
 CurveCRV
|
$0.2664 | +0.95% | $1,651.76万 | $4.08亿 | |
| 33 |
 Dai StablecoinDAI
|
$0.9995 | -0.01% | $6.50万 | $46.44亿 | |
| 34 |
 deBridgeDBR
|
$0.013137 | +2.0% | $188.26万 | $1,535.91万 | |
| 35 |
 DeFi LandDEFILAND
|
$0.00000835 | +0.36% | $2.55 | $5.96万 | |
| 36 |
 DefiBoxBOX
|
$0.02 | +2.3% | $2,445.00 | $5.84万 | |
| 37 |
 Dego FinanceDEGO
|
$0.002926 | +2.56% | $3,141.00 | $4.14万 | |
| 38 |
 Dexe.networkDEXE
|
$1.2841 | -2.48% | $364.29万 | $1.08亿 | |
| 39 |
 DexlabXLAB
|
$0.0 | 0% | $0 | $0 | |
| 40 |
 dForceDF
|
$0.0 | 0% | $0 | $0.0 | |
| 41 |
 DIADIA
|
$0.1366 | -2.98% | $14.22万 | $1,100.66万 | |
| 42 |
 Disney Tokenized Stock (Ondo)DISON
|
$118.90 | +0.38% | $24.51万 | $104.70万 | |
| 43 |
 Dives DefiDDF
|
$0.0 | 0% | $0 | $0.0 | |
| 44 |
 DMGDMG
|
$0.0 | 0% | $0 | $0 | |
| 45 |
 DODO TokenDODO
|
$0.021969 | +0.09% | $505.79万 | $967.36万 | |
| 46 |
 Drops Ownership PowerDROPS
|
$0.0 | 0% | $0 | $0.0 | |
| 47 |
 dYdXDYDX
|
$0.095592 | -2.82% | $126.21万 | $1,756.65万 | |
| 48 |
 Equinix Tokenized Stock (Ondo)EQIXON
|
$1,024.49 | +0.07% | $25.39万 | $163.63万 | |
| 49 |
 AaveLEND
|
$0.0 | 0% | $0 | $0.0 | |
| 50 |
 FILDAFILDA
|
$0.0 | 0% | $0 | $0.0 |
