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
|
$0.098554 | +1.07% | $243.94万 | $8,352.41万 | |
| 2 |
 1inch Token1INCH
|
$0.083794 | +4.41% | $541.85万 | $8,624.36万 | |
| 3 |
 AaveAAVE
|
$136.91 | +2.16% | $1.85亿 | $21.11亿 | |
| 4 |
 AirSwapAST
|
$0.004854 | +1.15% | $9,489.95 | $72.81万 | |
| 5 |
 StellaALPHA
|
$0.000401 | +6.93% | $1,237.19 | $32.00万 | |
| 6 |
 American Express Tokenized Stock (Ondo)AXPON
|
$323.13 | +0.6% | $24.25万 | $88.32万 | |
| 7 |
 Amgen Tokenized Stock (Ondo)AMGNON
|
$472.89 | -0.44% | $25.03万 | $6.41万 | |
| 8 |
 AmpleforthAMPL
|
$0 | 0% | $0 | $0 | |
| 9 |
 Analog Devices Tokenized Stock (Ondo)ADION
|
$424.60 | +0.56% | $23.06万 | $1,774.83 | |
| 10 |
 Anchor ProtocolANC
|
$0 | 0% | $0 | $0 | |
| 11 |
 阿拉贡ANT
|
$0.09825 | +0.9% | $0.06 | $389.16万 | |
| 12 |
 Atlas DEXATLASDEX
|
$0.03991 | +2.18% | $1.94万 | $243.94万 | |
| 13 |
 AutoLayerLAY3R
|
$0 | 0% | $0 | $0 | |
| 14 |
 AvalancheAVAX
|
$8.7042 | +2.85% | $1.60亿 | $37.58亿 | |
| 15 |
 AWE NetworkAWE
|
$0.066838 | -9.28% | $206.11万 | $1.30亿 | |
| 16 |
 BabylonBABY
|
$0.012183 | -1.69% | $241.68万 | $2,794.82万 | |
| 17 |
 面包BAKE
|
$0.000318 | -2.82% | $1.63万 | $6.15万 | |
| 18 |
 BalancerBAL
|
$0.1224 | +1.32% | $7,372.82 | $84.99万 | |
| 19 |
 BancorBNT
|
$0.2887 | -0.41% | $21.88万 | $7,945.37万 | |
| 20 |
 半岛协议BAND
|
$0.1948 | -1.57% | $7.14万 | $685.54万 | |
| 21 |
 比原链BTM
|
$0 | 0% | $0 | $0 | |
| 22 |
 bZx ProtocolBZRX
|
$0 | 0% | $0 | $0 | |
| 23 |
 Capital One Tokenized Stock (Ondo)COFON
|
$0 | 0% | $0 | $0 | |
| 24 |
 ChainLinkLINK
|
$11.6253 | +0.88% | $2.47亿 | $86.97亿 | |
| 25 |
 CHIPCHIP
|
$0.04292 | -0.83% | $1.24 | $8,584.00万 | |
| 26 |
 Common WealthWLTH
|
$0 | 0% | $0 | $0 | |
| 27 |
 CompoundCOMP
|
$20.5307 | +1.17% | $568.11万 | $1.61亿 | |
| 28 |
 ConcreteCT
|
$0.1487 | +6.59% | $1,139.05万 | $1.49亿 | |
| 29 |
 Convex FinanceCVX
|
$2.0438 | +1.95% | $795.69万 | $1.61亿 | |
| 30 |
 玉米CORN
|
$0.02439 | -0.33% | $7,889.89 | $0 | |
| 31 |
 CreamCREAM
|
$0.4721 | +0.83% | $23.10 | $29.10万 | |
| 32 |
 CurveCRV
|
$0.2833 | -0.35% | $1,552.12万 | $4.34亿 | |
| 33 |
 Dai StablecoinDAI
|
$0.9915 | -0.65% | $1.87万 | $46.07亿 | |
| 34 |
 deBridgeDBR
|
$0.013802 | +0.03% | $266.47万 | $1,613.66万 | |
| 35 |
 DeFi LandDEFILAND
|
$0.0000083 | -0.36% | $405.59 | $5.92万 | |
| 36 |
 DefiBoxBOX
|
$0.01899 | +1.12% | $351.98 | $5.54万 | |
| 37 |
 Dego FinanceDEGO
|
$0.002905 | +0.03% | $1.57万 | $4.12万 | |
| 38 |
 Dexe.networkDEXE
|
$1.4529 | -1.99% | $495.19万 | $1.22亿 | |
| 39 |
 DexlabXLAB
|
$0 | 0% | $0 | $0 | |
| 40 |
 dForceDF
|
$0 | 0% | $0 | $0 | |
| 41 |
 DIADIA
|
$0.1453 | +2.9% | $66.43万 | $1,170.76万 | |
| 42 |
 Disney Tokenized Stock (Ondo)DISON
|
$111.75 | -0.54% | $24.33万 | $98.41万 | |
| 43 |
 Dives DefiDDF
|
$0 | 0% | $0 | $0 | |
| 44 |
 DMGDMG
|
$0 | 0% | $0 | $0 | |
| 45 |
 DODO TokenDODO
|
$0.022835 | -3.82% | $609.01万 | $1,005.50万 | |
| 46 |
 Drops Ownership PowerDROPS
|
$0 | 0% | $0 | $0 | |
| 47 |
 dYdXDYDX
|
$0.1054 | -0.09% | $166.43万 | $1,936.89万 | |
| 48 |
 Equinix Tokenized Stock (Ondo)EQIXON
|
$1,038.10 | +0.5% | $24.98万 | $165.81万 | |
| 49 |
 AaveLEND
|
$0 | 0% | $0 | $0 | |
| 50 |
 FILDAFILDA
|
$0 | 0% | $0 | $0 |
