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
|
$0.1004 | -1.86% | $190.61万 | $8,508.86万 | |
| 2 |
 1inch Token1INCH
|
$0.088251 | -1.14% | $209.21万 | $9,083.08万 | |
| 3 |
 AaveAAVE
|
$134.75 | -1.4% | $1.47亿 | $20.77亿 | |
| 4 |
 AirSwapAST
|
$0.004764 | -2.02% | $1.86万 | $71.46万 | |
| 5 |
 StellaALPHA
|
$0.000424 | -2.01% | $1,896.29 | $33.83万 | |
| 6 |
 American Express Tokenized Stock (Ondo)AXPON
|
$317.03 | -0.48% | $25.50万 | $86.66万 | |
| 7 |
 Amgen Tokenized Stock (Ondo)AMGNON
|
$449.54 | +0.13% | $24.91万 | $6.09万 | |
| 8 |
 AmpleforthAMPL
|
$0 | 0% | $0 | $0 | |
| 9 |
 Analog Devices Tokenized Stock (Ondo)ADION
|
$393.41 | +0.42% | $24.82万 | $1,644.45 | |
| 10 |
 Anchor ProtocolANC
|
$0 | 0% | $0 | $0 | |
| 11 |
 阿拉贡ANT
|
$0.0484 | 0% | $0.02 | $191.71万 | |
| 12 |
 Atlas DEXATLASDEX
|
$0.03924 | -2.53% | $2.12万 | $239.84万 | |
| 13 |
 AutoLayerLAY3R
|
$0 | 0% | $0 | $0 | |
| 14 |
 AvalancheAVAX
|
$8.8647 | -0.13% | $1.09亿 | $38.28亿 | |
| 15 |
 AWE NetworkAWE
|
$0.061946 | -1.64% | $63.96万 | $1.20亿 | |
| 16 |
 BabylonBABY
|
$0.014223 | +8.48% | $2,118.60万 | $3,262.81万 | |
| 17 |
 面包BAKE
|
$0.00036 | +1.97% | $2,826.38 | $6.96万 | |
| 18 |
 BalancerBAL
|
$0.1176 | -1.59% | $1.74万 | $81.66万 | |
| 19 |
 BancorBNT
|
$0.2964 | -1.17% | $35.39万 | $8,157.28万 | |
| 20 |
 半岛协议BAND
|
$0.2014 | -2.19% | $18.15万 | $708.76万 | |
| 21 |
 比原链BTM
|
$0.00676 | +1.15% | $1,121.72 | $1,108.99万 | |
| 22 |
 bZx ProtocolBZRX
|
$0 | 0% | $0 | $0 | |
| 23 |
 Capital One Tokenized Stock (Ondo)COFON
|
$0 | 0% | $0 | $0 | |
| 24 |
 ChainLinkLINK
|
$11.4117 | -0.12% | $1.91亿 | $85.37亿 | |
| 25 |
 CHIPCHIP
|
$0.04608 | +3.02% | $10.52 | $9,216.00万 | |
| 26 |
 Common WealthWLTH
|
$0 | 0% | $0 | $0 | |
| 27 |
 CompoundCOMP
|
$20.7522 | -11.18% | $2,259.34万 | $1.62亿 | |
| 28 |
 ConcreteCT
|
$0.1591 | -6.63% | $2,261.64万 | $1.59亿 | |
| 29 |
 Convex FinanceCVX
|
$2.4483 | -0.41% | $898.71万 | $1.93亿 | |
| 30 |
 玉米CORN
|
$0.02472 | +0.2% | $1.90万 | $0 | |
| 31 |
 CreamCREAM
|
$0.4971 | -0.48% | $12.49 | $30.64万 | |
| 32 |
 CurveCRV
|
$0.3405 | -2.21% | $2,588.67万 | $5.21亿 | |
| 33 |
 Dai StablecoinDAI
|
$0.9998 | -0.03% | $8.93万 | $46.46亿 | |
| 34 |
 deBridgeDBR
|
$0.015975 | -3.12% | $270.65万 | $1,867.71万 | |
| 35 |
 DeFi LandDEFILAND
|
$0.0000132 | +0.08% | $20.72 | $9.45万 | |
| 36 |
 DefiBoxBOX
|
$0.02337 | -2.87% | $2,003.61 | $6.82万 | |
| 37 |
 Dego FinanceDEGO
|
$0.003795 | -1.2% | $1.49万 | $5.38万 | |
| 38 |
 Dexe.networkDEXE
|
$1.5538 | -3.24% | $536.73万 | $1.30亿 | |
| 39 |
 DexlabXLAB
|
$0 | 0% | $0 | $0 | |
| 40 |
 dForceDF
|
$0 | 0% | $0 | $0 | |
| 41 |
 DIADIA
|
$0.1409 | -3.03% | $17.59万 | $1,135.31万 | |
| 42 |
 Disney Tokenized Stock (Ondo)DISON
|
$113.86 | -0.48% | $25.15万 | $100.27万 | |
| 43 |
 Dives DefiDDF
|
$0 | 0% | $0 | $0 | |
| 44 |
 DMGDMG
|
$0 | 0% | $0 | $0 | |
| 45 |
 DODO TokenDODO
|
$0.025265 | +12.32% | $2,658.89万 | $1,112.50万 | |
| 46 |
 Drops Ownership PowerDROPS
|
$0 | 0% | $0 | $0 | |
| 47 |
 dYdXDYDX
|
$0.1072 | -1.47% | $285.47万 | $1,969.97万 | |
| 48 |
 Equinix Tokenized Stock (Ondo)EQIXON
|
$969.98 | +0.72% | $25.44万 | $154.93万 | |
| 49 |
 AaveLEND
|
$0 | 0% | $0 | $0 | |
| 50 |
 FILDAFILDA
|
$0 | 0% | $0 | $0 |
