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
|
$0.102 | +1.09% | $170.46万 | $8,644.46万 | |
| 2 |
 1inch Token1INCH
|
$0.088883 | +1.49% | $210.02万 | $9,148.13万 | |
| 3 |
 AaveAAVE
|
$136.88 | +1.52% | $1.52亿 | $21.10亿 | |
| 4 |
 AirSwapAST
|
$0.004828 | +0.86% | $14.59万 | $72.42万 | |
| 5 |
 StellaALPHA
|
$0.000423 | -2.42% | $1,236.00 | $33.72万 | |
| 6 |
 American Express Tokenized Stock (Ondo)AXPON
|
$318.73 | +0.16% | $24.70万 | $87.12万 | |
| 7 |
 Amgen Tokenized Stock (Ondo)AMGNON
|
$448.61 | -0.2% | $24.79万 | $6.08万 | |
| 8 |
 AmpleforthAMPL
|
$0.0 | 0% | $0 | $0.0 | |
| 9 |
 Analog Devices Tokenized Stock (Ondo)ADION
|
$392.63 | +0.17% | $23.71万 | $1,641.19 | |
| 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
|
$0.0394 | -1.99% | $2.26万 | $240.82万 | |
| 13 |
 AutoLayerLAY3R
|
$0.0 | 0% | $0 | $0.0 | |
| 14 |
 AvalancheAVAX
|
$8.9182 | +1.79% | $1.12亿 | $38.51亿 | |
| 15 |
 AWE NetworkAWE
|
$0.061941 | -2.05% | $58.78万 | $1.20亿 | |
| 16 |
 BabylonBABY
|
$0.013233 | +2.26% | $1,267.32万 | $3,035.70万 | |
| 17 |
 面包BAKE
|
$0.000353 | +0.66% | $47.87 | $6.83万 | |
| 18 |
 BalancerBAL
|
$0.1167 | -1.93% | $2.17万 | $81.03万 | |
| 19 |
 BancorBNT
|
$0.2995 | +2.81% | $46.80万 | $8,242.59万 | |
| 20 |
 半岛协议BAND
|
$0.2043 | +0.59% | $12.68万 | $718.97万 | |
| 21 |
 比原链BTM
|
$0.006719 | +0.54% | $626.11 | $1,102.26万 | |
| 22 |
 bZx ProtocolBZRX
|
$0.0 | 0% | $0 | $0.0 | |
| 23 |
 Capital One Tokenized Stock (Ondo)COFON
|
$0.0 | 0% | $0 | $0.0 | |
| 24 |
 ChainLinkLINK
|
$11.4256 | +0.67% | $1.76亿 | $85.47亿 | |
| 25 |
 CHIPCHIP
|
$0.0444 | +4.52% | $8.78 | $8,882.00万 | |
| 26 |
 Common WealthWLTH
|
$0.0 | 0% | $0 | $0 | |
| 27 |
 CompoundCOMP
|
$23.0394 | -1.34% | $527.56万 | $1.80亿 | |
| 28 |
 ConcreteCT
|
$0.1808 | +11.95% | $3,538.22万 | $1.81亿 | |
| 29 |
 Convex FinanceCVX
|
$2.4308 | +3.05% | $982.64万 | $1.92亿 | |
| 30 |
 玉米CORN
|
$0.02478 | +1.23% | $2.46万 | $0 | |
| 31 |
 CreamCREAM
|
$0.4971 | -1.54% | $19.20 | $30.64万 | |
| 32 |
 CurveCRV
|
$0.3445 | -0.95% | $2,059.74万 | $5.27亿 | |
| 33 |
 Dai StablecoinDAI
|
$0.9997 | -0.02% | $7.83万 | $46.45亿 | |
| 34 |
 deBridgeDBR
|
$0.016423 | -1.06% | $152.25万 | $1,920.09万 | |
| 35 |
 DeFi LandDEFILAND
|
$0.0000133 | +0.53% | $7.06 | $9.49万 | |
| 36 |
 DefiBoxBOX
|
$0.02403 | +0.5% | $387.19 | $7.01万 | |
| 37 |
 Dego FinanceDEGO
|
$0.003831 | +0.29% | $1.48万 | $5.43万 | |
| 38 |
 Dexe.networkDEXE
|
$1.5982 | +2.07% | $495.57万 | $1.34亿 | |
| 39 |
 DexlabXLAB
|
$0.0 | 0% | $0 | $0 | |
| 40 |
 dForceDF
|
$0.0 | 0% | $0 | $0.0 | |
| 41 |
 DIADIA
|
$0.1436 | -0.14% | $13.24万 | $1,157.07万 | |
| 42 |
 Disney Tokenized Stock (Ondo)DISON
|
$114.43 | +0.05% | $24.93万 | $100.77万 | |
| 43 |
 Dives DefiDDF
|
$0.0 | 0% | $0 | $0.0 | |
| 44 |
 DMGDMG
|
$0.0 | 0% | $0 | $0 | |
| 45 |
 DODO TokenDODO
|
$0.022882 | +3.32% | $692.96万 | $1,007.56万 | |
| 46 |
 Drops Ownership PowerDROPS
|
$0.0 | 0% | $0 | $0.0 | |
| 47 |
 dYdXDYDX
|
$0.1073 | -0.19% | $222.30万 | $1,971.80万 | |
| 48 |
 Equinix Tokenized Stock (Ondo)EQIXON
|
$964.09 | +0.25% | $25.53万 | $153.99万 | |
| 49 |
 AaveLEND
|
$0.0 | 0% | $0 | $0.0 | |
| 50 |
 FILDAFILDA
|
$0.0 | 0% | $0 | $0.0 |
