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
|
$0.099007 | +4.59% | $285.25万 | $8,390.80万 | |
| 2 |
 1inch Token1INCH
|
$0.084127 | +5.18% | $300.52万 | $8,658.63万 | |
| 3 |
 AaveAAVE
|
$132.69 | +6.29% | $2.21亿 | $20.46亿 | |
| 4 |
 AirSwapAST
|
$0.00526 | +2.04% | $2.96万 | $78.90万 | |
| 5 |
 StellaALPHA
|
$0.000376 | -8.75% | $1.67万 | $30.02万 | |
| 6 |
 American Express Tokenized Stock (Ondo)AXPON
|
$336.51 | +2.43% | $25.28万 | $91.98万 | |
| 7 |
 Amgen Tokenized Stock (Ondo)AMGNON
|
$486.35 | +6.19% | $25.53万 | $6.59万 | |
| 8 |
 AmpleforthAMPL
|
$0 | 0% | $0 | $0 | |
| 9 |
 Analog Devices Tokenized Stock (Ondo)ADION
|
$409.22 | -3.48% | $25.15万 | $1,710.54 | |
| 10 |
 Anchor ProtocolANC
|
$0 | 0% | $0 | $0 | |
| 11 |
 阿拉贡ANT
|
$0 | 0% | $0 | $0 | |
| 12 |
 Atlas DEXATLASDEX
|
$0.0399 | -0.15% | $3.99万 | $243.88万 | |
| 13 |
 AutoLayerLAY3R
|
$0 | 0% | $0 | $0 | |
| 14 |
 AvalancheAVAX
|
$8.8124 | +4.98% | $1.44亿 | $38.05亿 | |
| 15 |
 AWE NetworkAWE
|
$0.066202 | +4.13% | $56.80万 | $1.29亿 | |
| 16 |
 BabylonBABY
|
$0.012184 | +6.97% | $296.79万 | $2,795.05万 | |
| 17 |
 面包BAKE
|
$0.00031 | +2.54% | $32.57 | $5.99万 | |
| 18 |
 BalancerBAL
|
$0.126 | +4.48% | $1.82万 | $87.49万 | |
| 19 |
 BancorBNT
|
$0.2955 | +5.84% | $48.12万 | $8,132.51万 | |
| 20 |
 半岛协议BAND
|
$0.192 | +2.84% | $20.98万 | $675.68万 | |
| 21 |
 比原链BTM
|
$0.00667 | 0% | $4.09 | $1,094.22万 | |
| 22 |
 bZx ProtocolBZRX
|
$0 | 0% | $0 | $0 | |
| 23 |
 Capital One Tokenized Stock (Ondo)COFON
|
$0 | 0% | $0 | $0 | |
| 24 |
 ChainLinkLINK
|
$11.4817 | +6.36% | $2.94亿 | $85.89亿 | |
| 25 |
 CHIPCHIP
|
$0.04327 | +9.07% | $16.25 | $8,654.00万 | |
| 26 |
 Common WealthWLTH
|
$0 | 0% | $0 | $0 | |
| 27 |
 CompoundCOMP
|
$20.5678 | +4.57% | $561.99万 | $1.61亿 | |
| 28 |
 ConcreteCT
|
$0.126 | -2.93% | $1,344.29万 | $1.26亿 | |
| 29 |
 Convex FinanceCVX
|
$1.9266 | +4.17% | $958.88万 | $1.52亿 | |
| 30 |
 玉米CORN
|
$0.02072 | -5.17% | $1.90万 | $0 | |
| 31 |
 CreamCREAM
|
$0.5085 | +5.87% | $169.30 | $31.34万 | |
| 32 |
 CurveCRV
|
$0.2775 | +8.78% | $2,605.51万 | $4.25亿 | |
| 33 |
 Dai StablecoinDAI
|
$0.9989 | +0.25% | $5.46万 | $46.42亿 | |
| 34 |
 deBridgeDBR
|
$0.012797 | +1.57% | $452.04万 | $1,496.16万 | |
| 35 |
 DeFi LandDEFILAND
|
$0.00000829 | +0.73% | $6.72 | $5.92万 | |
| 36 |
 DefiBoxBOX
|
$0.02034 | +0.15% | $6,223.78 | $5.93万 | |
| 37 |
 Dego FinanceDEGO
|
$0.002918 | -1.15% | $1,542.21 | $4.13万 | |
| 38 |
 Dexe.networkDEXE
|
$1.412 | +2.05% | $598.75万 | $1.18亿 | |
| 39 |
 DexlabXLAB
|
$0 | 0% | $0 | $0 | |
| 40 |
 dForceDF
|
$0 | 0% | $0 | $0 | |
| 41 |
 DIADIA
|
$0.1462 | +0.83% | $24.97万 | $1,178.01万 | |
| 42 |
 Disney Tokenized Stock (Ondo)DISON
|
$120.56 | +4.94% | $25.47万 | $106.17万 | |
| 43 |
 Dives DefiDDF
|
$0 | 0% | $0 | $0 | |
| 44 |
 DMGDMG
|
$0 | 0% | $0 | $0 | |
| 45 |
 DODO TokenDODO
|
$0.021961 | +0.59% | $456.39万 | $967.01万 | |
| 46 |
 Drops Ownership PowerDROPS
|
$0 | 0% | $0 | $0 | |
| 47 |
 dYdXDYDX
|
$0.1054 | +4.56% | $259.94万 | $1,936.89万 | |
| 48 |
 Equinix Tokenized Stock (Ondo)EQIXON
|
$1,059.39 | +3.5% | $26.15万 | $169.21万 | |
| 49 |
 AaveLEND
|
$0 | 0% | $0 | $0 | |
| 50 |
 FILDAFILDA
|
$0 | 0% | $0 | $0 |
