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
|
$0.093178 | +0.69% | $236.00万 | $7,896.80万 | |
| 2 |
 1inch Token1INCH
|
$0.079243 | +1.17% | $465.94万 | $8,155.95万 | |
| 3 |
 AaveAAVE
|
$131.37 | +0.44% | $1.24亿 | $20.25亿 | |
| 4 |
 AirSwapAST
|
$0.004972 | +1.14% | $3.71万 | $74.58万 | |
| 5 |
 StellaALPHA
|
$0.000348 | -0.77% | $994.71 | $27.75万 | |
| 6 |
 American Express Tokenized Stock (Ondo)AXPON
|
$327.06 | +0.32% | $24.46万 | $89.40万 | |
| 7 |
 Amgen Tokenized Stock (Ondo)AMGNON
|
$467.62 | -0.04% | $24.89万 | $6.33万 | |
| 8 |
 AmpleforthAMPL
|
$0 | 0% | $0 | $0 | |
| 9 |
 Analog Devices Tokenized Stock (Ondo)ADION
|
$364.66 | -0.54% | $25.17万 | $1,524.28 | |
| 10 |
 Anchor ProtocolANC
|
$0 | 0% | $0 | $0 | |
| 11 |
 阿拉贡ANT
|
$0 | 0% | $0 | $0 | |
| 12 |
 Atlas DEXATLASDEX
|
$0.03844 | -2.46% | $1.35万 | $234.95万 | |
| 13 |
 AutoLayerLAY3R
|
$0 | 0% | $0 | $0 | |
| 14 |
 AvalancheAVAX
|
$8.2077 | -2.02% | $4,706.66万 | $35.44亿 | |
| 15 |
 AWE NetworkAWE
|
$0.063298 | +1.81% | $32.53万 | $1.23亿 | |
| 16 |
 BabylonBABY
|
$0.011143 | -1.3% | $218.58万 | $2,556.24万 | |
| 17 |
 面包BAKE
|
$0.000092 | -69.21% | $25.07 | $1.78万 | |
| 18 |
 BalancerBAL
|
$0.1196 | +1.7% | $1.94万 | $83.05万 | |
| 19 |
 BancorBNT
|
$0.2749 | -1.29% | $15.56万 | $7,565.57万 | |
| 20 |
 半岛协议BAND
|
$0.1828 | -0.05% | $15.82万 | $643.31万 | |
| 21 |
 比原链BTM
|
$0.006403 | -3.34% | $3,255.00 | $1,050.42万 | |
| 22 |
 bZx ProtocolBZRX
|
$0 | 0% | $0 | $0 | |
| 23 |
 Capital One Tokenized Stock (Ondo)COFON
|
$0 | 0% | $0 | $0 | |
| 24 |
 ChainLinkLINK
|
$10.841 | +0.24% | $1.42亿 | $81.10亿 | |
| 25 |
 CHIPCHIP
|
$0.03508 | -6.7% | $7.54 | $7,016.00万 | |
| 26 |
 Common WealthWLTH
|
$0 | 0% | $0 | $0 | |
| 27 |
 CompoundCOMP
|
$19.9161 | -0.81% | $893.17万 | $1.56亿 | |
| 28 |
 ConcreteCT
|
$0.1285 | +4.05% | $1,798.33万 | $1.28亿 | |
| 29 |
 Convex FinanceCVX
|
$1.8222 | -2.16% | $809.47万 | $1.44亿 | |
| 30 |
 玉米CORN
|
$0.01696 | -5.78% | $1.92万 | $0 | |
| 31 |
 CreamCREAM
|
$0.4756 | +2.61% | $281.32 | $29.31万 | |
| 32 |
 CurveCRV
|
$0.2663 | +1.25% | $1,649.10万 | $4.08亿 | |
| 33 |
 Dai StablecoinDAI
|
$0.9995 | -0.02% | $6.58万 | $46.44亿 | |
| 34 |
 deBridgeDBR
|
$0.013149 | +1.29% | $202.79万 | $1,537.31万 | |
| 35 |
 DeFi LandDEFILAND
|
$0.00000833 | -0.36% | $2.75 | $5.95万 | |
| 36 |
 DefiBoxBOX
|
$0.02001 | +2.3% | $2,425.25 | $5.84万 | |
| 37 |
 Dego FinanceDEGO
|
$0.00295 | +4.91% | $3,130.37 | $4.18万 | |
| 38 |
 Dexe.networkDEXE
|
$1.2761 | -2.71% | $362.26万 | $1.07亿 | |
| 39 |
 DexlabXLAB
|
$0 | 0% | $0 | $0 | |
| 40 |
 dForceDF
|
$0 | 0% | $0 | $0 | |
| 41 |
 DIADIA
|
$0.1348 | -3.37% | $14.42万 | $1,086.16万 | |
| 42 |
 Disney Tokenized Stock (Ondo)DISON
|
$118.73 | +0.36% | $24.27万 | $104.55万 | |
| 43 |
 Dives DefiDDF
|
$0.0 | 0% | $0 | $0.0 | |
| 44 |
 DMGDMG
|
$0 | 0% | $0 | $0 | |
| 45 |
 DODO TokenDODO
|
$0.022042 | +0.32% | $508.60万 | $970.58万 | |
| 46 |
 Drops Ownership PowerDROPS
|
$0 | 0% | $0 | $0 | |
| 47 |
 dYdXDYDX
|
$0.094611 | -3.72% | $124.56万 | $1,738.62万 | |
| 48 |
 Equinix Tokenized Stock (Ondo)EQIXON
|
$1,025.33 | +0.15% | $25.40万 | $163.77万 | |
| 49 |
 AaveLEND
|
$0 | 0% | $0 | $0 | |
| 50 |
 FILDAFILDA
|
$0 | 0% | $0 | $0 |
