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
|
$0.090238 | -1.88% | $262.47万 | $7,647.64万 | |
| 2 |
 1inch Token1INCH
|
$0.078936 | -0.11% | $524.04万 | $8,124.35万 | |
| 3 |
 AaveAAVE
|
$130.21 | -0.98% | $1.30亿 | $20.07亿 | |
| 4 |
 AirSwapAST
|
$0.004788 | -1.99% | $3.53万 | $71.82万 | |
| 5 |
 StellaALPHA
|
$0.000346 | -2.9% | $524.59 | $27.62万 | |
| 6 |
 American Express Tokenized Stock (Ondo)AXPON
|
$328.04 | +0.3% | $24.13万 | $89.66万 | |
| 7 |
 Amgen Tokenized Stock (Ondo)AMGNON
|
$467.30 | +0.06% | $24.12万 | $6.33万 | |
| 8 |
 AmpleforthAMPL
|
$0.0 | 0% | $0 | $0.0 | |
| 9 |
 Analog Devices Tokenized Stock (Ondo)ADION
|
$364.12 | +0.01% | $24.87万 | $1,522.02 | |
| 10 |
 Anchor ProtocolANC
|
$0.0 | 0% | $0 | $0.0 | |
| 11 |
 阿拉贡ANT
|
$0.0 | 0% | $0 | $0.0 | |
| 12 |
 Atlas DEXATLASDEX
|
$0.03924 | +0.93% | $1.90万 | $239.84万 | |
| 13 |
 AutoLayerLAY3R
|
$0.0 | 0% | $0 | $0.0 | |
| 14 |
 AvalancheAVAX
|
$8.1716 | -1.26% | $4,712.88万 | $35.28亿 | |
| 15 |
 AWE NetworkAWE
|
$0.063094 | -0.27% | $36.77万 | $1.23亿 | |
| 16 |
 BabylonBABY
|
$0.010645 | -3.93% | $252.51万 | $2,442.00万 | |
| 17 |
 面包BAKE
|
$0.000303 | +231.56% | $1.76 | $5.86万 | |
| 18 |
 BalancerBAL
|
$0.1184 | +3.05% | $1.28万 | $82.22万 | |
| 19 |
 BancorBNT
|
$0.274 | -0.72% | $58.24万 | $7,540.80万 | |
| 20 |
 半岛协议BAND
|
$0.1765 | -3.81% | $9.21万 | $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
|
$10.7556 | -0.62% | $1.31亿 | $80.46亿 | |
| 25 |
 CHIPCHIP
|
$0.034 | -6.24% | $3.25 | $6,790.00万 | |
| 26 |
 Common WealthWLTH
|
$0.0 | 0% | $0 | $0 | |
| 27 |
 CompoundCOMP
|
$19.9064 | -1.18% | $954.59万 | $1.56亿 | |
| 28 |
 ConcreteCT
|
$0.1241 | -8.35% | $934.13万 | $1.24亿 | |
| 29 |
 Convex FinanceCVX
|
$1.7929 | -0.97% | $757.02万 | $1.42亿 | |
| 30 |
 玉米CORN
|
$0.0163 | -6.27% | $1.68万 | $0 | |
| 31 |
 CreamCREAM
|
$0.4756 | +0.25% | $281.32 | $29.31万 | |
| 32 |
 CurveCRV
|
$0.2632 | -0.3% | $1,294.21万 | $4.03亿 | |
| 33 |
 Dai StablecoinDAI
|
$0.9994 | -0.02% | $3.77万 | $46.44亿 | |
| 34 |
 deBridgeDBR
|
$0.012985 | -0.6% | $416.96万 | $1,518.14万 | |
| 35 |
 DeFi LandDEFILAND
|
$0.00000829 | -0.36% | $10.42 | $5.92万 | |
| 36 |
 DefiBoxBOX
|
$0.0211 | +6.83% | $6,532.00 | $6.16万 | |
| 37 |
 Dego FinanceDEGO
|
$0.002903 | -6.17% | $1,725.52 | $4.11万 | |
| 38 |
 Dexe.networkDEXE
|
$1.2651 | -1.33% | $354.75万 | $1.06亿 | |
| 39 |
 DexlabXLAB
|
$0.0 | 0% | $0 | $0 | |
| 40 |
 dForceDF
|
$0.0 | 0% | $0 | $0.0 | |
| 41 |
 DIADIA
|
$0.1326 | -3.98% | $13.28万 | $1,068.43万 | |
| 42 |
 Disney Tokenized Stock (Ondo)DISON
|
$118.74 | -0.27% | $23.78万 | $104.56万 | |
| 43 |
 Dives DefiDDF
|
$0.0 | 0% | $0 | $0.0 | |
| 44 |
 DMGDMG
|
$0.0 | 0% | $0 | $0 | |
| 45 |
 DODO TokenDODO
|
$0.021986 | -0.73% | $196.50万 | $968.11万 | |
| 46 |
 Drops Ownership PowerDROPS
|
$0.0 | 0% | $0 | $0.0 | |
| 47 |
 dYdXDYDX
|
$0.092585 | -2.98% | $141.44万 | $1,701.39万 | |
| 48 |
 Equinix Tokenized Stock (Ondo)EQIXON
|
$1,025.01 | +0.09% | $24.06万 | $163.72万 | |
| 49 |
 AaveLEND
|
$0.0 | 0% | $0 | $0.0 | |
| 50 |
 FILDAFILDA
|
$0.0 | 0% | $0 | $0.0 |
