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
|
$0.098127 | +2.0% | $231.53万 | $8,316.22万 | |
| 2 |
 1inch Token1INCH
|
$0.082867 | +4.7% | $373.12万 | $8,528.95万 | |
| 3 |
 AaveAAVE
|
$138.89 | +4.81% | $1.92亿 | $21.41亿 | |
| 4 |
 AirSwapAST
|
$0.004777 | -1.18% | $8,966.00 | $71.66万 | |
| 5 |
 StellaALPHA
|
$0.000401 | +5.53% | $1,365.00 | $32.00万 | |
| 6 |
 American Express Tokenized Stock (Ondo)AXPON
|
$322.06 | -0.14% | $24.22万 | $88.03万 | |
| 7 |
 Amgen Tokenized Stock (Ondo)AMGNON
|
$474.10 | +0.27% | $24.74万 | $6.42万 | |
| 8 |
 AmpleforthAMPL
|
$0.0 | 0% | $0 | $0.0 | |
| 9 |
 Analog Devices Tokenized Stock (Ondo)ADION
|
$424.60 | +0.35% | $23.44万 | $1,774.83 | |
| 10 |
 Anchor ProtocolANC
|
$0.0 | 0% | $0 | $0.0 | |
| 11 |
 阿拉贡ANT
|
$0.0974 | +0.73% | $0.03 | $385.68万 | |
| 12 |
 Atlas DEXATLASDEX
|
$0.03868 | -1.38% | $1.90万 | $236.42万 | |
| 13 |
 AutoLayerLAY3R
|
$0.0 | 0% | $0 | $0.0 | |
| 14 |
 AvalancheAVAX
|
$8.9306 | +4.99% | $1.51亿 | $38.56亿 | |
| 15 |
 AWE NetworkAWE
|
$0.076796 | +7.6% | $169.42万 | $1.49亿 | |
| 16 |
 BabylonBABY
|
$0.012203 | +0.14% | $253.81万 | $2,799.41万 | |
| 17 |
 面包BAKE
|
$0.000318 | -2.7% | $1.63万 | $6.15万 | |
| 18 |
 BalancerBAL
|
$0.1224 | +1.07% | $8,377.00 | $84.99万 | |
| 19 |
 BancorBNT
|
$0.2897 | +0.87% | $21.54万 | $7,972.89万 | |
| 20 |
 半岛协议BAND
|
$0.1963 | -0.3% | $7.43万 | $690.82万 | |
| 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
|
$11.7856 | +3.13% | $2.49亿 | $88.17亿 | |
| 25 |
 CHIPCHIP
|
$0.0427 | -3.06% | $1.75 | $8,542.00万 | |
| 26 |
 Common WealthWLTH
|
$0.0 | 0% | $0 | $0 | |
| 27 |
 CompoundCOMP
|
$20.6899 | +2.33% | $539.16万 | $1.62亿 | |
| 28 |
 ConcreteCT
|
$0.1457 | +6.12% | $1,029.66万 | $1.46亿 | |
| 29 |
 Convex FinanceCVX
|
$2.0476 | +2.64% | $847.71万 | $1.62亿 | |
| 30 |
 玉米CORN
|
$0.02451 | +0.12% | $8,206.09 | $0 | |
| 31 |
 CreamCREAM
|
$0.4721 | +0.83% | $23.10 | $29.10万 | |
| 32 |
 CurveCRV
|
$0.2853 | -0.52% | $1,542.23万 | $4.37亿 | |
| 33 |
 Dai StablecoinDAI
|
$0.9974 | -0.17% | $1.15万 | $46.35亿 | |
| 34 |
 deBridgeDBR
|
$0.013857 | +1.66% | $267.14万 | $1,620.09万 | |
| 35 |
 DeFi LandDEFILAND
|
$0.00000834 | +0.24% | $8.16 | $5.95万 | |
| 36 |
 DefiBoxBOX
|
$0.019 | -0.16% | $805.24 | $5.54万 | |
| 37 |
 Dego FinanceDEGO
|
$0.002903 | -3.39% | $1.49万 | $4.11万 | |
| 38 |
 Dexe.networkDEXE
|
$1.4757 | +0.13% | $423.01万 | $1.24亿 | |
| 39 |
 DexlabXLAB
|
$0.0 | 0% | $0 | $0 | |
| 40 |
 dForceDF
|
$0.0 | 0% | $0 | $0.0 | |
| 41 |
 DIADIA
|
$0.1468 | +4.34% | $69.04万 | $1,182.85万 | |
| 42 |
 Disney Tokenized Stock (Ondo)DISON
|
$112.01 | -0.18% | $24.78万 | $98.64万 | |
| 43 |
 Dives DefiDDF
|
$0.0 | 0% | $0 | $0.0 | |
| 44 |
 DMGDMG
|
$0.0 | 0% | $0 | $0 | |
| 45 |
 DODO TokenDODO
|
$0.022505 | -5.35% | $344.10万 | $990.96万 | |
| 46 |
 Drops Ownership PowerDROPS
|
$0.0 | 0% | $0 | $0.0 | |
| 47 |
 dYdXDYDX
|
$0.1068 | +1.04% | $172.37万 | $1,962.62万 | |
| 48 |
 Equinix Tokenized Stock (Ondo)EQIXON
|
$1,037.23 | +0.43% | $24.72万 | $165.67万 | |
| 49 |
 AaveLEND
|
$0.0 | 0% | $0 | $0.0 | |
| 50 |
 FILDAFILDA
|
$0.0 | 0% | $0 | $0.0 |
