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
|
$0.09827 | +2.39% | $301.90万 | $8,328.34万 | |
| 2 |
 1inch Token1INCH
|
$0.083609 | +2.38% | $284.54万 | $8,605.32万 | |
| 3 |
 AaveAAVE
|
$133.29 | +4.4% | $2.15亿 | $20.55亿 | |
| 4 |
 AirSwapAST
|
$0.005268 | +6.42% | $2.80万 | $79.02万 | |
| 5 |
 StellaALPHA
|
$0.000375 | -5.92% | $1.75万 | $29.94万 | |
| 6 |
 American Express Tokenized Stock (Ondo)AXPON
|
$333.30 | +1.29% | $24.38万 | $91.10万 | |
| 7 |
 Amgen Tokenized Stock (Ondo)AMGNON
|
$484.84 | +3.07% | $25.90万 | $6.57万 | |
| 8 |
 AmpleforthAMPL
|
$0.0 | 0% | $0 | $0.0 | |
| 9 |
 Analog Devices Tokenized Stock (Ondo)ADION
|
$408.89 | -4.85% | $25.18万 | $1,709.16 | |
| 10 |
 Anchor ProtocolANC
|
$0.0 | 0% | $0 | $0.0 | |
| 11 |
 阿拉贡ANT
|
$0.0 | 0% | $0 | $0.0 | |
| 12 |
 Atlas DEXATLASDEX
|
$0.03985 | -0.18% | $3.63万 | $243.57万 | |
| 13 |
 AutoLayerLAY3R
|
$0.0 | 0% | $0 | $0.0 | |
| 14 |
 AvalancheAVAX
|
$8.8645 | +3.68% | $1.54亿 | $38.27亿 | |
| 15 |
 AWE NetworkAWE
|
$0.066504 | +3.99% | $60.73万 | $1.29亿 | |
| 16 |
 BabylonBABY
|
$0.011862 | +1.17% | $261.43万 | $2,721.19万 | |
| 17 |
 面包BAKE
|
$0.00031 | +6.35% | $36.98 | $6.00万 | |
| 18 |
 BalancerBAL
|
$0.1242 | +3.67% | $8,977.29 | $86.24万 | |
| 19 |
 BancorBNT
|
$0.2932 | +2.77% | $40.81万 | $8,069.21万 | |
| 20 |
 半岛协议BAND
|
$0.1934 | +1.31% | $17.85万 | $680.61万 | |
| 21 |
 比原链BTM
|
$0.00667 | 0% | $4.09 | $1,094.22万 | |
| 22 |
 bZx ProtocolBZRX
|
$0.0 | 0% | $0 | $0.0 | |
| 23 |
 Capital One Tokenized Stock (Ondo)COFON
|
$0.0 | 0% | $0 | $0.0 | |
| 24 |
 ChainLinkLINK
|
$11.5787 | +3.67% | $2.90亿 | $86.62亿 | |
| 25 |
 CHIPCHIP
|
$0.0433 | +3.98% | $257.76 | $8,668.00万 | |
| 26 |
 Common WealthWLTH
|
$0.0 | 0% | $0 | $0 | |
| 27 |
 CompoundCOMP
|
$20.3025 | +1.8% | $560.12万 | $1.59亿 | |
| 28 |
 ConcreteCT
|
$0.1288 | +0.86% | $1,090.62万 | $1.29亿 | |
| 29 |
 Convex FinanceCVX
|
$1.9666 | +3.03% | $986.50万 | $1.55亿 | |
| 30 |
 玉米CORN
|
$0.02105 | -3.93% | $2.17万 | $0 | |
| 31 |
 CreamCREAM
|
$0.4917 | +1.4% | $61.83 | $30.31万 | |
| 32 |
 CurveCRV
|
$0.2795 | +6.31% | $2,794.04万 | $4.28亿 | |
| 33 |
 Dai StablecoinDAI
|
$0.9956 | -0.39% | $7.41万 | $46.26亿 | |
| 34 |
 deBridgeDBR
|
$0.012653 | -2.03% | $478.53万 | $1,479.32万 | |
| 35 |
 DeFi LandDEFILAND
|
$0.00000829 | +0.24% | $7.18 | $5.92万 | |
| 36 |
 DefiBoxBOX
|
$0.0204 | 0% | $5,765.00 | $5.94万 | |
| 37 |
 Dego FinanceDEGO
|
$0.003079 | +6.03% | $1,398.00 | $4.36万 | |
| 38 |
 Dexe.networkDEXE
|
$1.3963 | +0.47% | $578.13万 | $1.17亿 | |
| 39 |
 DexlabXLAB
|
$0.0 | 0% | $0 | $0 | |
| 40 |
 dForceDF
|
$0.0 | 0% | $0 | $0.0 | |
| 41 |
 DIADIA
|
$0.1476 | +0.75% | $26.59万 | $1,189.30万 | |
| 42 |
 Disney Tokenized Stock (Ondo)DISON
|
$120.89 | +5.33% | $25.34万 | $106.46万 | |
| 43 |
 Dives DefiDDF
|
$0.0 | 0% | $0 | $0.0 | |
| 44 |
 DMGDMG
|
$0.0 | 0% | $0 | $0 | |
| 45 |
 DODO TokenDODO
|
$0.022087 | -0.61% | $457.98万 | $972.56万 | |
| 46 |
 Drops Ownership PowerDROPS
|
$0.0 | 0% | $0 | $0.0 | |
| 47 |
 dYdXDYDX
|
$0.1054 | +1.64% | $264.56万 | $1,936.89万 | |
| 48 |
 Equinix Tokenized Stock (Ondo)EQIXON
|
$1,052.64 | +2.9% | $26.23万 | $168.13万 | |
| 49 |
 AaveLEND
|
$0.0 | 0% | $0 | $0.0 | |
| 50 |
 FILDAFILDA
|
$0.0 | 0% | $0 | $0.0 |
