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 |
|---|---|---|---|---|---|---|
| 101 |
 Republic ProtocolREN
|
$0.002072 | -1.24% | $2,541.19 | $207.00万 | |
| 102 |
 ReservoirDAM
|
$0 | 0% | $0 | $0 | |
| 103 |
 Revive FinanceREVIVE
|
$0 | 0% | $0 | $0 | |
| 104 |
 Ripio Credit NetworkRCN
|
$0 | 0% | $0 | $0 | |
| 105 |
 Reserve RightsRSR
|
$0.001642 | +7.46% | $1,095.23万 | $2,430.35万 | |
| 106 |
 清酒SAKE
|
$0.00000619 | +12.96% | $2.35 | $454.00 | |
| 107 |
 SeamlessSEAM
|
$0.01071 | +0.28% | $28.72 | $15.81万 | |
| 108 |
 SerumSRM
|
$0.004831 | -1.23% | $2,101.59 | $127.17万 | |
| 109 |
 Sonne FinanceSONNE
|
$0 | 0% | $0 | $0 | |
| 110 |
 SparkSPK
|
$0.015995 | -0.51% | $102.80万 | $2,719.15万 | |
| 111 |
 Spring Development BankSDB
|
$0.000899 | -5.67% | $9,962.73 | $0 | |
| 112 |
 StaFiFIS
|
$0.001437 | +18.76% | $2.74万 | $8.69万 | |
| 113 |
 xDai ChainSTAKE
|
$0 | 0% | $0 | $0 | |
| 114 |
 SunriseSUNRISE
|
$0 | 0% | $0 | $0 | |
| 115 |
 寿司SUSHI
|
$0.1782 | -1.05% | $128.85万 | $2,267.50万 | |
| 116 |
 SwellSWX
|
$0 | 0% | $0 | $0 | |
| 117 |
 Swerve DAO TokenSWRV
|
$0 | 0% | $0 | $0 | |
| 118 |
 SolarSXP
|
$0.003567 | +0.14% | $37.09 | $201.22万 | |
| 119 |
 SwitcheoSWTH
|
$0 | 0% | $0 | $0 | |
| 120 |
 SynthetixSNX
|
$0.1634 | -2.33% | $46.19万 | $5,004.67万 | |
| 121 |
 眶野TAI
|
$0 | 0% | $0 | $0 | |
| 122 |
 TellorTRB
|
$15.3109 | -1.99% | $93.77万 | $2,608.12万 | |
| 123 |
 Terra ClassicLUNC
|
$0.0000398 | -2.23% | $326.64万 | $2.20亿 | |
| 124 |
 Texas Instruments Tokenized Stock (Ondo)TXNON
|
$282.14 | +0.17% | $23.83万 | $2,257.12 | |
| 125 |
 THORChainRUNE
|
$0.5872 | -0.24% | $292.55万 | $1.99亿 | |
| 126 |
 TokenlonLON
|
$0.1816 | +1.11% | $42.48 | $366.57万 | |
| 127 |
 TreehouseTREE
|
$0.030545 | -1.44% | $61.05万 | $476.88万 | |
| 128 |
 UMAUMA
|
$0.3174 | -0.6% | $31.44万 | $2,181.03万 | |
| 129 |
 Unchain XUNX
|
$0 | 0% | $0 | $0 | |
| 130 |
 Unifi Protocol DAOUNFI
|
$0.0227 | +4.65% | $1,633.19 | $13.90万 | |
| 131 |
 UniswapUNI
|
$7.0333 | +0.08% | $2.59亿 | $43.98亿 | |
| 132 |
 UnitasUNITAS
|
$0.1087 | -6.13% | $8.24万 | $1,587.02万 | |
| 133 |
 维基币WICC
|
$0 | 0% | $0 | $0 | |
| 134 |
 WELFWELF
|
$0.06514 | +0.49% | $3.77万 | $325.70万 | |
| 135 |
 WingWING
|
$0 | 0% | $0 | $0 | |
| 136 |
 WOO NetworkWOO
|
$0.011336 | -2.55% | $92.90万 | $1,298.23万 | |
| 137 |
 Wrapped BitcoinWBTC
|
$76,027.28 | +0.12% | $1,080.46万 | $98.01亿 | |
| 138 |
 Wrapped NXMwNXM
|
$57.9796 | -0.27% | $1.04万 | $5,784.02万 | |
| 139 |
 Xend FinanceXRWA
|
$0.001335 | +0.15% | $815.31 | $17.22万 | |
| 140 |
 VenusXVS
|
$2.7947 | +0.22% | $56.77万 | $4,093.48万 | |
| 141 |
 Yamv3YAM
|
$0 | 0% | $0 | $0 | |
| 142 |
 yearn.financeYFI
|
$2,001.40 | +0.43% | $95.76万 | $6,562.19万 | |
| 143 |
 DFI.MoneyYFII
|
$22.63 | -2.67% | $776.63 | $87.34万 | |
| 144 |
 YFValueVALUE
|
$0 | 0% | $0 | $0 | |
| 145 |
 ZetaZEX
|
$0.000918 | +0.75% | $251.72 | $16.65万 | |
| 146 |
 zkLendZEND
|
$0 | 0% | $0 | $0 | |
| 147 |
 ZKSwapZKS
|
$0 | 0% | $0 | $0 |
