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
|
$0.095664 | -0.93% | $247.83万 | $8,107.49万 | |
| 2 |
 1inch Token1INCH
|
$0.080625 | -0.79% | $248.66万 | $8,298.19万 | |
| 3 |
 AaveAAVE
|
$128.32 | -2.46% | $1.95亿 | $19.78亿 | |
| 4 |
 AirSwapAST
|
$0.004939 | -0.8% | $1.82万 | $74.08万 | |
| 5 |
 StellaALPHA
|
$0.000386 | +0.25% | $1,363.00 | $30.80万 | |
| 6 |
 American Express Tokenized Stock (Ondo)AXPON
|
$329.67 | +1.79% | $23.28万 | $90.11万 | |
| 7 |
 Amgen Tokenized Stock (Ondo)AMGNON
|
$468.13 | -1.15% | $24.71万 | $6.34万 | |
| 8 |
 AmpleforthAMPL
|
$0.0 | 0% | $0 | $0.0 | |
| 9 |
 Analog Devices Tokenized Stock (Ondo)ADION
|
$424.83 | -0.6% | $23.81万 | $1,775.79 | |
| 10 |
 Anchor ProtocolANC
|
$0.0 | 0% | $0 | $0.0 | |
| 11 |
 阿拉贡ANT
|
$0.0999 | 0% | $2.62 | $395.74万 | |
| 12 |
 Atlas DEXATLASDEX
|
$0.03988 | -1.07% | $4.08万 | $243.76万 | |
| 13 |
 AutoLayerLAY3R
|
$0.0 | 0% | $0 | $0.0 | |
| 14 |
 AvalancheAVAX
|
$8.6309 | +0.07% | $9,811.37万 | $37.27亿 | |
| 15 |
 AWE NetworkAWE
|
$0.064373 | -0.74% | $62.36万 | $1.25亿 | |
| 16 |
 BabylonBABY
|
$0.011678 | -1.29% | $258.92万 | $2,678.98万 | |
| 17 |
 面包BAKE
|
$0.000291 | +2.18% | $17.67 | $5.64万 | |
| 18 |
 BalancerBAL
|
$0.1219 | +0.08% | $1.70万 | $84.65万 | |
| 19 |
 BancorBNT
|
$0.2822 | -1.95% | $22.25万 | $7,766.48万 | |
| 20 |
 半岛协议BAND
|
$0.1909 | +1.33% | $32.39万 | $671.81万 | |
| 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
|
$11.1701 | -1.6% | $2.18亿 | $83.56亿 | |
| 25 |
 CHIPCHIP
|
$0.0406 | -2.31% | $6.30 | $8,128.00万 | |
| 26 |
 Common WealthWLTH
|
$0.0 | 0% | $0 | $0 | |
| 27 |
 CompoundCOMP
|
$19.9506 | -1.4% | $595.09万 | $1.56亿 | |
| 28 |
 ConcreteCT
|
$0.1246 | -4.15% | $781.40万 | $1.25亿 | |
| 29 |
 Convex FinanceCVX
|
$1.935 | -3.26% | $807.98万 | $1.53亿 | |
| 30 |
 玉米CORN
|
$0.02239 | -8.35% | $1.51万 | $0 | |
| 31 |
 CreamCREAM
|
$0.4809 | -0.21% | $1,464.00 | $29.64万 | |
| 32 |
 CurveCRV
|
$0.2627 | -3.6% | $2,149.90万 | $4.02亿 | |
| 33 |
 Dai StablecoinDAI
|
$0.9995 | +1.69% | $219.70万 | $46.44亿 | |
| 34 |
 deBridgeDBR
|
$0.012775 | -6.42% | $448.51万 | $1,493.59万 | |
| 35 |
 DeFi LandDEFILAND
|
$0.00000827 | -0.84% | $24.21 | $5.90万 | |
| 36 |
 DefiBoxBOX
|
$0.0205 | +7.74% | $1.13万 | $5.97万 | |
| 37 |
 Dego FinanceDEGO
|
$0.002817 | -3.06% | $1.11万 | $3.99万 | |
| 38 |
 Dexe.networkDEXE
|
$1.3831 | -3.36% | $618.30万 | $1.16亿 | |
| 39 |
 DexlabXLAB
|
$0.0 | 0% | $0 | $0 | |
| 40 |
 dForceDF
|
$0.0 | 0% | $0 | $0.0 | |
| 41 |
 DIADIA
|
$0.1467 | +0.14% | $31.63万 | $1,182.04万 | |
| 42 |
 Disney Tokenized Stock (Ondo)DISON
|
$114.07 | +1.57% | $25.18万 | $100.45万 | |
| 43 |
 Dives DefiDDF
|
$0.0 | 0% | $0 | $0.0 | |
| 44 |
 DMGDMG
|
$0.0 | 0% | $0 | $0 | |
| 45 |
 DODO TokenDODO
|
$0.02191 | -5.2% | $472.16万 | $964.76万 | |
| 46 |
 Drops Ownership PowerDROPS
|
$0.0 | 0% | $0 | $0.0 | |
| 47 |
 dYdXDYDX
|
$0.1021 | -1.45% | $201.50万 | $1,876.25万 | |
| 48 |
 Equinix Tokenized Stock (Ondo)EQIXON
|
$1,013.14 | -1.72% | $25.68万 | $161.82万 | |
| 49 |
 AaveLEND
|
$0.0 | 0% | $0 | $0.0 | |
| 50 |
 FILDAFILDA
|
$0.0 | 0% | $0 | $0.0 |
