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
|
$0.0985 | +4.3% | $231.31万 | $8,349.70万 | |
| 2 |
 1inch Token1INCH
|
$0.0812 | +2.76% | $334.79万 | $8,357.58万 | |
| 3 |
 AaveAAVE
|
$135.62 | +6.97% | $1.87亿 | $20.91亿 | |
| 4 |
 AirSwapAST
|
$0.004898 | +3.97% | $8,980.00 | $73.47万 | |
| 5 |
 StellaALPHA
|
$0.000378 | -3.32% | $985.78 | $30.16万 | |
| 6 |
 American Express Tokenized Stock (Ondo)AXPON
|
$322.77 | -0.42% | $23.56万 | $88.22万 | |
| 7 |
 Amgen Tokenized Stock (Ondo)AMGNON
|
$474.72 | -0.98% | $24.62万 | $6.43万 | |
| 8 |
 AmpleforthAMPL
|
$0.0 | 0% | $0 | $0.0 | |
| 9 |
 Analog Devices Tokenized Stock (Ondo)ADION
|
$424.00 | +1.46% | $24.03万 | $1,772.00 | |
| 10 |
 Anchor ProtocolANC
|
$0.0 | 0% | $0 | $0.0 | |
| 11 |
 阿拉贡ANT
|
$0.0974 | +1.3% | $0.08 | $385.68万 | |
| 12 |
 Atlas DEXATLASDEX
|
$0.0388 | -2.14% | $1.76万 | $237.15万 | |
| 13 |
 AutoLayerLAY3R
|
$0.0 | 0% | $0 | $0.0 | |
| 14 |
 AvalancheAVAX
|
$8.55 | +1.91% | $1.23亿 | $36.93亿 | |
| 15 |
 AWE NetworkAWE
|
$0.074 | +7.16% | $116.00万 | $1.44亿 | |
| 16 |
 BabylonBABY
|
$0.0126 | -0.77% | $293.45万 | $2,888.42万 | |
| 17 |
 面包BAKE
|
$0.000324 | -1.27% | $1.62万 | $6.27万 | |
| 18 |
 BalancerBAL
|
$0.121 | -0.33% | $1.37万 | $84.02万 | |
| 19 |
 BancorBNT
|
$0.2909 | +2.29% | $23.95万 | $8,005.91万 | |
| 20 |
 半岛协议BAND
|
$0.2002 | +1.21% | $11.41万 | $704.54万 | |
| 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
|
$11.64 | +3.9% | $2.49亿 | $87.08亿 | |
| 25 |
 CHIPCHIP
|
$0.0433 | -1.84% | $6.23 | $8,656.00万 | |
| 26 |
 Common WealthWLTH
|
$0.0 | 0% | $0 | $0 | |
| 27 |
 CompoundCOMP
|
$20.83 | +2.42% | $519.90万 | $1.63亿 | |
| 28 |
 ConcreteCT
|
$0.143 | +6.72% | $789.63万 | $1.43亿 | |
| 29 |
 Convex FinanceCVX
|
$2.06 | +4.31% | $1,054.62万 | $1.62亿 | |
| 30 |
 玉米CORN
|
$0.0245 | 0% | $1.11万 | $0 | |
| 31 |
 CreamCREAM
|
$0.4721 | +0.49% | $23.94 | $29.10万 | |
| 32 |
 CurveCRV
|
$0.2891 | +0.73% | $2,305.45万 | $4.43亿 | |
| 33 |
 Dai StablecoinDAI
|
$0.9981 | -0.16% | $6.34万 | $46.38亿 | |
| 34 |
 deBridgeDBR
|
$0.0138 | +1.67% | $218.71万 | $1,618.22万 | |
| 35 |
 DeFi LandDEFILAND
|
$0.00000833 | +0.73% | $7.46 | $5.95万 | |
| 36 |
 DefiBoxBOX
|
$0.0189 | -0.32% | $1,001.00 | $5.52万 | |
| 37 |
 Dego FinanceDEGO
|
$0.002906 | -3.49% | $1.50万 | $4.12万 | |
| 38 |
 Dexe.networkDEXE
|
$1.49 | +0.05% | $415.25万 | $1.25亿 | |
| 39 |
 DexlabXLAB
|
$0.0 | 0% | $0 | $0 | |
| 40 |
 dForceDF
|
$0.0 | 0% | $0 | $0.0 | |
| 41 |
 DIADIA
|
$0.145 | -0.34% | $83.55万 | $1,168.35万 | |
| 42 |
 Disney Tokenized Stock (Ondo)DISON
|
$111.78 | -0.84% | $25.27万 | $98.43万 | |
| 43 |
 Dives DefiDDF
|
$0.0 | 0% | $0 | $0.0 | |
| 44 |
 DMGDMG
|
$0.0 | 0% | $0 | $0 | |
| 45 |
 DODO TokenDODO
|
$0.0233 | +5.55% | $294.20万 | $1,026.50万 | |
| 46 |
 Drops Ownership PowerDROPS
|
$0.0 | 0% | $0 | $0.0 | |
| 47 |
 dYdXDYDX
|
$0.1075 | +0.66% | $230.71万 | $1,975.48万 | |
| 48 |
 Equinix Tokenized Stock (Ondo)EQIXON
|
$1,034.00 | -0.11% | $25.38万 | $165.10万 | |
| 49 |
 AaveLEND
|
$0.0 | 0% | $0 | $0.0 | |
| 50 |
 FILDAFILDA
|
$0.0 | 0% | $0 | $0.0 |
