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
|
$0.091837 | -2.08% | $244.25万 | $7,783.15万 | |
| 2 |
 1inch Token1INCH
|
$0.078618 | -1.04% | $446.30万 | $8,091.62万 | |
| 3 |
 AaveAAVE
|
$131.28 | +1.38% | $1.52亿 | $20.24亿 | |
| 4 |
 AirSwapAST
|
$0.004964 | +5.06% | $2.28万 | $74.46万 | |
| 5 |
 StellaALPHA
|
$0.000356 | -0.49% | $1,373.00 | $28.44万 | |
| 6 |
 American Express Tokenized Stock (Ondo)AXPON
|
$326.70 | -0.17% | $24.61万 | $89.30万 | |
| 7 |
 Amgen Tokenized Stock (Ondo)AMGNON
|
$466.97 | +1.68% | $25.32万 | $6.33万 | |
| 8 |
 AmpleforthAMPL
|
$0.0 | 0% | $0 | $0.0 | |
| 9 |
 Analog Devices Tokenized Stock (Ondo)ADION
|
$364.26 | -3.7% | $24.57万 | $1,522.61 | |
| 10 |
 Anchor ProtocolANC
|
$0.0 | 0% | $0 | $0.0 | |
| 11 |
 阿拉贡ANT
|
$0.0 | 0% | $0 | $0.0 | |
| 12 |
 Atlas DEXATLASDEX
|
$0.03888 | -2.04% | $1.90万 | $237.64万 | |
| 13 |
 AutoLayerLAY3R
|
$0.0 | 0% | $0 | $0.0 | |
| 14 |
 AvalancheAVAX
|
$8.2805 | -1.16% | $6,526.30万 | $35.75亿 | |
| 15 |
 AWE NetworkAWE
|
$0.063049 | +1.58% | $47.32万 | $1.22亿 | |
| 16 |
 BabylonBABY
|
$0.011041 | -4.97% | $217.14万 | $2,532.85万 | |
| 17 |
 面包BAKE
|
$0.0000916 | -69.28% | $25.01 | $1.77万 | |
| 18 |
 BalancerBAL
|
$0.1149 | -2.38% | $1.80万 | $79.78万 | |
| 19 |
 BancorBNT
|
$0.2758 | -1.57% | $21.76万 | $7,590.34万 | |
| 20 |
 半岛协议BAND
|
$0.1833 | -0.43% | $17.83万 | $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
|
$10.8056 | -0.51% | $1.75亿 | $80.84亿 | |
| 25 |
 CHIPCHIP
|
$0.0362 | -1.92% | $7.68 | $7,242.00万 | |
| 26 |
 Common WealthWLTH
|
$0.0 | 0% | $0 | $0 | |
| 27 |
 CompoundCOMP
|
$20.0789 | +0.22% | $661.07万 | $1.57亿 | |
| 28 |
 ConcreteCT
|
$0.1317 | +3.54% | $1,575.10万 | $1.32亿 | |
| 29 |
 Convex FinanceCVX
|
$1.8041 | -3.38% | $796.25万 | $1.42亿 | |
| 30 |
 玉米CORN
|
$0.01734 | -8.25% | $1.59万 | $0 | |
| 31 |
 CreamCREAM
|
$0.4756 | +0.53% | $281.32 | $29.31万 | |
| 32 |
 CurveCRV
|
$0.2653 | +1.41% | $1,804.97万 | $4.06亿 | |
| 33 |
 Dai StablecoinDAI
|
$0.9995 | +1.29% | $12.59万 | $46.44亿 | |
| 34 |
 deBridgeDBR
|
$0.013026 | +0.69% | $259.16万 | $1,522.93万 | |
| 35 |
 DeFi LandDEFILAND
|
$0.00000832 | +0.36% | $30.80 | $5.94万 | |
| 36 |
 DefiBoxBOX
|
$0.0198 | 0% | $934.32 | $5.77万 | |
| 37 |
 Dego FinanceDEGO
|
$0.003122 | +14.95% | $3,969.71 | $4.42万 | |
| 38 |
 Dexe.networkDEXE
|
$1.2812 | -2.42% | $396.05万 | $1.07亿 | |
| 39 |
 DexlabXLAB
|
$0.0 | 0% | $0 | $0 | |
| 40 |
 dForceDF
|
$0.0 | 0% | $0 | $0.0 | |
| 41 |
 DIADIA
|
$0.1376 | -3.37% | $19.58万 | $1,108.72万 | |
| 42 |
 Disney Tokenized Stock (Ondo)DISON
|
$118.91 | +0.89% | $25.13万 | $104.71万 | |
| 43 |
 Dives DefiDDF
|
$0.0 | 0% | $0 | $0.0 | |
| 44 |
 DMGDMG
|
$0.0 | 0% | $0 | $0 | |
| 45 |
 DODO TokenDODO
|
$0.022167 | +0.98% | $489.72万 | $976.08万 | |
| 46 |
 Drops Ownership PowerDROPS
|
$0.0 | 0% | $0 | $0.0 | |
| 47 |
 dYdXDYDX
|
$0.094908 | -3.22% | $160.97万 | $1,744.08万 | |
| 48 |
 Equinix Tokenized Stock (Ondo)EQIXON
|
$1,024.12 | -0.58% | $25.28万 | $163.58万 | |
| 49 |
 AaveLEND
|
$0.0 | 0% | $0 | $0.0 | |
| 50 |
 FILDAFILDA
|
$0.0 | 0% | $0 | $0.0 |
