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
|
$0.090294 | -1.77% | $263.90万 | $7,652.38万 | |
| 2 |
 1inch Token1INCH
|
$0.078803 | -0.72% | $521.33万 | $8,110.67万 | |
| 3 |
 AaveAAVE
|
$130.36 | -0.91% | $1.30亿 | $20.10亿 | |
| 4 |
 AirSwapAST
|
$0.004788 | -1.99% | $3.52万 | $71.82万 | |
| 5 |
 StellaALPHA
|
$0.000346 | -2.9% | $524.59 | $27.62万 | |
| 6 |
 American Express Tokenized Stock (Ondo)AXPON
|
$327.83 | +0.31% | $24.16万 | $89.61万 | |
| 7 |
 Amgen Tokenized Stock (Ondo)AMGNON
|
$466.84 | -0.0% | $23.98万 | $6.32万 | |
| 8 |
 AmpleforthAMPL
|
$0.0 | 0% | $0 | $0.0 | |
| 9 |
 Analog Devices Tokenized Stock (Ondo)ADION
|
$364.24 | +0.2% | $24.85万 | $1,522.52 | |
| 10 |
 Anchor ProtocolANC
|
$0.0 | 0% | $0 | $0.0 | |
| 11 |
 阿拉贡ANT
|
$0.0 | 0% | $0 | $0.0 | |
| 12 |
 Atlas DEXATLASDEX
|
$0.03928 | +0.38% | $1.92万 | $240.09万 | |
| 13 |
 AutoLayerLAY3R
|
$0.0 | 0% | $0 | $0.0 | |
| 14 |
 AvalancheAVAX
|
$8.1665 | -1.37% | $4,747.68万 | $35.26亿 | |
| 15 |
 AWE NetworkAWE
|
$0.063057 | -0.18% | $36.80万 | $1.22亿 | |
| 16 |
 BabylonBABY
|
$0.010628 | -3.99% | $250.88万 | $2,438.10万 | |
| 17 |
 面包BAKE
|
$0.000293 | +219.76% | $1.76 | $5.67万 | |
| 18 |
 BalancerBAL
|
$0.1184 | +3.05% | $1.28万 | $82.22万 | |
| 19 |
 BancorBNT
|
$0.2762 | -0.07% | $57.13万 | $7,601.35万 | |
| 20 |
 半岛协议BAND
|
$0.1765 | -3.81% | $9.23万 | $621.14万 | |
| 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
|
$10.7653 | -0.37% | $1.31亿 | $80.54亿 | |
| 25 |
 CHIPCHIP
|
$0.03395 | -6.24% | $5.47 | $6,790.00万 | |
| 26 |
 Common WealthWLTH
|
$0.0 | 0% | $0 | $0 | |
| 27 |
 CompoundCOMP
|
$19.9228 | -0.92% | $958.60万 | $1.56亿 | |
| 28 |
 ConcreteCT
|
$0.1239 | -7.26% | $972.89万 | $1.24亿 | |
| 29 |
 Convex FinanceCVX
|
$1.7901 | -0.92% | $755.93万 | $1.41亿 | |
| 30 |
 玉米CORN
|
$0.01626 | -6.87% | $1.68万 | $0 | |
| 31 |
 CreamCREAM
|
$0.4756 | +0.25% | $281.32 | $29.31万 | |
| 32 |
 CurveCRV
|
$0.2627 | -0.38% | $1,296.37万 | $4.02亿 | |
| 33 |
 Dai StablecoinDAI
|
$0.9994 | -0.02% | $3.77万 | $46.44亿 | |
| 34 |
 deBridgeDBR
|
$0.012976 | -0.62% | $414.57万 | $1,517.09万 | |
| 35 |
 DeFi LandDEFILAND
|
$0.00000829 | -0.36% | $10.42 | $5.92万 | |
| 36 |
 DefiBoxBOX
|
$0.02112 | +6.83% | $6,432.59 | $6.16万 | |
| 37 |
 Dego FinanceDEGO
|
$0.002903 | -6.84% | $1,728.90 | $4.11万 | |
| 38 |
 Dexe.networkDEXE
|
$1.2642 | -1.48% | $354.50万 | $1.06亿 | |
| 39 |
 DexlabXLAB
|
$0.0 | 0% | $0 | $0 | |
| 40 |
 dForceDF
|
$0.0 | 0% | $0 | $0.0 | |
| 41 |
 DIADIA
|
$0.1325 | -4.26% | $13.34万 | $1,067.63万 | |
| 42 |
 Disney Tokenized Stock (Ondo)DISON
|
$118.64 | -0.06% | $23.83万 | $104.47万 | |
| 43 |
 Dives DefiDDF
|
$0.0 | 0% | $0 | $0.0 | |
| 44 |
 DMGDMG
|
$0.0 | 0% | $0 | $0 | |
| 45 |
 DODO TokenDODO
|
$0.021986 | -0.92% | $196.87万 | $968.11万 | |
| 46 |
 Drops Ownership PowerDROPS
|
$0.0 | 0% | $0 | $0.0 | |
| 47 |
 dYdXDYDX
|
$0.092657 | -2.97% | $139.78万 | $1,702.72万 | |
| 48 |
 Equinix Tokenized Stock (Ondo)EQIXON
|
$1,025.31 | +0.17% | $24.10万 | $163.77万 | |
| 49 |
 AaveLEND
|
$0.0 | 0% | $0 | $0.0 | |
| 50 |
 FILDAFILDA
|
$0.0 | 0% | $0 | $0.0 |
