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
|
$0.1009 | 0% | $235.03万 | $8,551.24万 | |
| 2 |
 1inch Token1INCH
|
$0.088385 | +0.15% | $263.82万 | $9,096.88万 | |
| 3 |
 AaveAAVE
|
$136.29 | +0.68% | $1.70亿 | $21.01亿 | |
| 4 |
 AirSwapAST
|
$0.00488 | +1.43% | $1.74万 | $73.20万 | |
| 5 |
 StellaALPHA
|
$0.000431 | +0.77% | $2,255.00 | $34.36万 | |
| 6 |
 American Express Tokenized Stock (Ondo)AXPON
|
$320.43 | +1.15% | $25.26万 | $87.58万 | |
| 7 |
 Amgen Tokenized Stock (Ondo)AMGNON
|
$455.33 | +1.56% | $24.48万 | $6.17万 | |
| 8 |
 AmpleforthAMPL
|
$0.0 | 0% | $0 | $0.0 | |
| 9 |
 Analog Devices Tokenized Stock (Ondo)ADION
|
$400.27 | +1.81% | $25.11万 | $1,673.13 | |
| 10 |
 Anchor ProtocolANC
|
$0.0 | 0% | $0 | $0.0 | |
| 11 |
 阿拉贡ANT
|
$0.0484 | 0% | $0.02 | $191.71万 | |
| 12 |
 Atlas DEXATLASDEX
|
$0.03877 | -3.7% | $1.94万 | $236.97万 | |
| 13 |
 AutoLayerLAY3R
|
$0.0 | 0% | $0 | $0.0 | |
| 14 |
 AvalancheAVAX
|
$8.9634 | +1.75% | $1.53亿 | $38.70亿 | |
| 15 |
 AWE NetworkAWE
|
$0.063608 | +1.96% | $58.29万 | $1.24亿 | |
| 16 |
 BabylonBABY
|
$0.014754 | +11.55% | $1,713.71万 | $3,384.62万 | |
| 17 |
 面包BAKE
|
$0.000366 | +3.72% | $2,828.00 | $7.08万 | |
| 18 |
 BalancerBAL
|
$0.1174 | +0.6% | $1.58万 | $81.52万 | |
| 19 |
 BancorBNT
|
$0.2973 | +0.3% | $35.23万 | $8,182.05万 | |
| 20 |
 半岛协议BAND
|
$0.2015 | -1.13% | $29.53万 | $709.12万 | |
| 21 |
 比原链BTM
|
$0.006729 | +0.15% | $1,045.00 | $1,103.90万 | |
| 22 |
 bZx ProtocolBZRX
|
$0.0 | 0% | $0 | $0.0 | |
| 23 |
 Capital One Tokenized Stock (Ondo)COFON
|
$0.0 | 0% | $0 | $0.0 | |
| 24 |
 ChainLinkLINK
|
$11.4924 | +1.27% | $2.31亿 | $85.97亿 | |
| 25 |
 CHIPCHIP
|
$0.049 | +9.25% | $15.31 | $9,804.00万 | |
| 26 |
 Common WealthWLTH
|
$0.0 | 0% | $0 | $0 | |
| 27 |
 CompoundCOMP
|
$20.9091 | -8.53% | $2,874.75万 | $1.64亿 | |
| 28 |
 ConcreteCT
|
$0.1532 | -11.19% | $1,936.67万 | $1.53亿 | |
| 29 |
 Convex FinanceCVX
|
$2.4864 | +2.68% | $1,020.83万 | $1.96亿 | |
| 30 |
 玉米CORN
|
$0.0245 | -0.65% | $1.82万 | $0 | |
| 31 |
 CreamCREAM
|
$0.4948 | -0.46% | $10.65 | $30.50万 | |
| 32 |
 CurveCRV
|
$0.3507 | +2.72% | $2,877.35万 | $5.37亿 | |
| 33 |
 Dai StablecoinDAI
|
$1 | +0.02% | $26.80万 | $46.47亿 | |
| 34 |
 deBridgeDBR
|
$0.015839 | -2.8% | $459.17万 | $1,851.81万 | |
| 35 |
 DeFi LandDEFILAND
|
$0.0000132 | 0% | $19.15 | $9.45万 | |
| 36 |
 DefiBoxBOX
|
$0.023 | -4.12% | $2,501.00 | $6.72万 | |
| 37 |
 Dego FinanceDEGO
|
$0.003795 | -0.84% | $1.41万 | $5.38万 | |
| 38 |
 Dexe.networkDEXE
|
$1.5542 | -1.7% | $623.18万 | $1.30亿 | |
| 39 |
 DexlabXLAB
|
$0.0 | 0% | $0 | $0 | |
| 40 |
 dForceDF
|
$0.0 | 0% | $0 | $0.0 | |
| 41 |
 DIADIA
|
$0.1449 | +2.11% | $27.16万 | $1,167.54万 | |
| 42 |
 Disney Tokenized Stock (Ondo)DISON
|
$113.32 | -0.83% | $24.63万 | $99.79万 | |
| 43 |
 Dives DefiDDF
|
$0.0 | 0% | $0 | $0.0 | |
| 44 |
 DMGDMG
|
$0.0 | 0% | $0 | $0 | |
| 45 |
 DODO TokenDODO
|
$0.023213 | +1.38% | $2,662.44万 | $1,022.14万 | |
| 46 |
 Drops Ownership PowerDROPS
|
$0.0 | 0% | $0 | $0.0 | |
| 47 |
 dYdXDYDX
|
$0.1082 | +2.66% | $278.35万 | $1,988.34万 | |
| 48 |
 Equinix Tokenized Stock (Ondo)EQIXON
|
$976.90 | +1.38% | $25.03万 | $156.03万 | |
| 49 |
 AaveLEND
|
$0.0 | 0% | $0 | $0.0 | |
| 50 |
 FILDAFILDA
|
$0.0 | 0% | $0 | $0.0 |
