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
|
$0.0948 | -8.18% | $372.37万 | $8,038.16万 | |
| 2 |
 1inch Token1INCH
|
$0.079 | -11.28% | $865.34万 | $8,135.78万 | |
| 3 |
 AaveAAVE
|
$126.69 | -6.94% | $3.45亿 | $19.53亿 | |
| 4 |
 AirSwapAST
|
$0.004672 | -6.86% | $2.12万 | $70.08万 | |
| 5 |
 StellaALPHA
|
$0.0004 | +2.26% | $5,549.00 | $31.89万 | |
| 6 |
 American Express Tokenized Stock (Ondo)AXPON
|
$323.81 | -1.1% | $24.22万 | $88.51万 | |
| 7 |
 Amgen Tokenized Stock (Ondo)AMGNON
|
$479.22 | +2.69% | $24.51万 | $6.49万 | |
| 8 |
 AmpleforthAMPL
|
$0.0 | 0% | $0 | $0.0 | |
| 9 |
 Analog Devices Tokenized Stock (Ondo)ADION
|
$417.87 | -3.45% | $25.33万 | $1,746.70 | |
| 10 |
 Anchor ProtocolANC
|
$0.0 | 0% | $0 | $0.0 | |
| 11 |
 阿拉贡ANT
|
$0.0961 | -4.17% | $0.16 | $380.73万 | |
| 12 |
 Atlas DEXATLASDEX
|
$0.0394 | -6.81% | $2.05万 | $241.07万 | |
| 13 |
 AutoLayerLAY3R
|
$0.0 | 0% | $0 | $0.0 | |
| 14 |
 AvalancheAVAX
|
$8.41 | -6.25% | $2.42亿 | $36.32亿 | |
| 15 |
 AWE NetworkAWE
|
$0.0691 | -0.78% | $97.19万 | $1.34亿 | |
| 16 |
 BabylonBABY
|
$0.0128 | -5.62% | $528.02万 | $2,933.84万 | |
| 17 |
 面包BAKE
|
$0.000328 | -9.18% | $134.85 | $6.35万 | |
| 18 |
 BalancerBAL
|
$0.1214 | -0.98% | $11.90万 | $84.30万 | |
| 19 |
 BancorBNT
|
$0.2844 | -5.36% | $55.35万 | $7,827.02万 | |
| 20 |
 半岛协议BAND
|
$0.1979 | -6.96% | $48.08万 | $696.45万 | |
| 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
|
$11.2 | -5.97% | $5.28亿 | $83.78亿 | |
| 25 |
 CHIPCHIP
|
$0.0441 | -14.45% | $15.71 | $8,818.00万 | |
| 26 |
 Common WealthWLTH
|
$0.0 | 0% | $0 | $0 | |
| 27 |
 CompoundCOMP
|
$20.29 | -7.18% | $1,409.72万 | $1.59亿 | |
| 28 |
 ConcreteCT
|
$0.1342 | -2.61% | $1,705.35万 | $1.34亿 | |
| 29 |
 Convex FinanceCVX
|
$1.97 | -10.51% | $1,843.05万 | $1.56亿 | |
| 30 |
 玉米CORN
|
$0.02453 | -0.2% | $1.19万 | $0 | |
| 31 |
 CreamCREAM
|
$0.4698 | -3.51% | $69.10 | $28.96万 | |
| 32 |
 CurveCRV
|
$0.2879 | -13.91% | $8,253.98万 | $4.41亿 | |
| 33 |
 Dai StablecoinDAI
|
$0.9997 | -0.02% | $67.65万 | $46.45亿 | |
| 34 |
 deBridgeDBR
|
$0.0136 | -2.69% | $635.43万 | $1,590.86万 | |
| 35 |
 DeFi LandDEFILAND
|
$0.00000827 | -0.72% | $10.40 | $5.90万 | |
| 36 |
 DefiBoxBOX
|
$0.019 | -7.46% | $1.84万 | $5.54万 | |
| 37 |
 Dego FinanceDEGO
|
$0.003014 | -3.68% | $1.30万 | $4.27万 | |
| 38 |
 Dexe.networkDEXE
|
$1.49 | -7.36% | $725.41万 | $1.25亿 | |
| 39 |
 DexlabXLAB
|
$0.0 | 0% | $0 | $0 | |
| 40 |
 dForceDF
|
$0.0 | 0% | $0 | $0.0 | |
| 41 |
 DIADIA
|
$0.1464 | +4.72% | $177.03万 | $1,179.63万 | |
| 42 |
 Disney Tokenized Stock (Ondo)DISON
|
$112.52 | +0.94% | $24.31万 | $99.09万 | |
| 43 |
 Dives DefiDDF
|
$0.0 | 0% | $0 | $0.0 | |
| 44 |
 DMGDMG
|
$0.0 | 0% | $0 | $0 | |
| 45 |
 DODO TokenDODO
|
$0.0221 | -10.61% | $607.19万 | $974.28万 | |
| 46 |
 Drops Ownership PowerDROPS
|
$0.0 | 0% | $0 | $0.0 | |
| 47 |
 dYdXDYDX
|
$0.1067 | -6.89% | $735.20万 | $1,960.78万 | |
| 48 |
 Equinix Tokenized Stock (Ondo)EQIXON
|
$1,035.00 | -3.56% | $24.19万 | $165.36万 | |
| 49 |
 AaveLEND
|
$0.0 | 0% | $0 | $0.0 | |
| 50 |
 FILDAFILDA
|
$0.0 | 0% | $0 | $0.0 |
