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
|
$0.097869 | -0.1% | $224.82万 | $8,294.36万 | |
| 2 |
 1inch Token1INCH
|
$0.082433 | +2.64% | $511.49万 | $8,484.28万 | |
| 3 |
 AaveAAVE
|
$135.86 | +0.5% | $1.79亿 | $20.94亿 | |
| 4 |
 AirSwapAST
|
$0.005027 | +6.66% | $2.77万 | $75.41万 | |
| 5 |
 StellaALPHA
|
$0.000404 | +0.25% | $452.50 | $32.24万 | |
| 6 |
 American Express Tokenized Stock (Ondo)AXPON
|
$323.98 | +0.64% | $24.30万 | $88.55万 | |
| 7 |
 Amgen Tokenized Stock (Ondo)AMGNON
|
$474.74 | -0.02% | $24.56万 | $6.43万 | |
| 8 |
 AmpleforthAMPL
|
$0.0 | 0% | $0 | $0.0 | |
| 9 |
 Analog Devices Tokenized Stock (Ondo)ADION
|
$426.63 | +0.39% | $23.13万 | $1,783.31 | |
| 10 |
 Anchor ProtocolANC
|
$0.0 | 0% | $0 | $0.0 | |
| 11 |
 阿拉贡ANT
|
$0.0982 | +0.9% | $0.03 | $389.16万 | |
| 12 |
 Atlas DEXATLASDEX
|
$0.03954 | +1.59% | $1.80万 | $241.68万 | |
| 13 |
 AutoLayerLAY3R
|
$0.0 | 0% | $0 | $0.0 | |
| 14 |
 AvalancheAVAX
|
$8.6817 | +1.56% | $1.56亿 | $37.49亿 | |
| 15 |
 AWE NetworkAWE
|
$0.061782 | -16.37% | $271.66万 | $1.20亿 | |
| 16 |
 BabylonBABY
|
$0.012017 | -1.53% | $247.26万 | $2,756.74万 | |
| 17 |
 面包BAKE
|
$0.000314 | -2.59% | $34.84 | $6.08万 | |
| 18 |
 BalancerBAL
|
$0.1218 | -0.33% | $1.32万 | $84.58万 | |
| 19 |
 BancorBNT
|
$0.287 | -0.83% | $17.83万 | $7,898.58万 | |
| 20 |
 半岛协议BAND
|
$0.1919 | -2.39% | $12.24万 | $675.33万 | |
| 21 |
 比原链BTM
|
$0.0 | 0% | $0 | $0.0 | |
| 22 |
 bZx ProtocolBZRX
|
$0.0 | 0% | $0 | $0.0 | |
| 23 |
 Capital One Tokenized Stock (Ondo)COFON
|
$0.0 | 0% | $0 | $0.0 | |
| 24 |
 ChainLinkLINK
|
$11.3869 | -2.03% | $2.09亿 | $85.19亿 | |
| 25 |
 CHIPCHIP
|
$0.0434 | +0.18% | $3.61 | $8,672.00万 | |
| 26 |
 Common WealthWLTH
|
$0.0 | 0% | $0 | $0 | |
| 27 |
 CompoundCOMP
|
$20.4373 | -0.46% | $584.99万 | $1.60亿 | |
| 28 |
 ConcreteCT
|
$0.1355 | -3.42% | $1,080.16万 | $1.35亿 | |
| 29 |
 Convex FinanceCVX
|
$2.0441 | -0.65% | $731.83万 | $1.61亿 | |
| 30 |
 玉米CORN
|
$0.02452 | -0.04% | $8,679.48 | $0 | |
| 31 |
 CreamCREAM
|
$0.4749 | +0.59% | $261.61 | $29.27万 | |
| 32 |
 CurveCRV
|
$0.2795 | -1.2% | $1,939.33万 | $4.28亿 | |
| 33 |
 Dai StablecoinDAI
|
$0.9999 | +0.28% | $23.79万 | $46.46亿 | |
| 34 |
 deBridgeDBR
|
$0.013714 | -0.62% | $263.43万 | $1,603.37万 | |
| 35 |
 DeFi LandDEFILAND
|
$0.00000834 | 0% | $405.83 | $5.95万 | |
| 36 |
 DefiBoxBOX
|
$0.019 | 0% | $24.44 | $5.54万 | |
| 37 |
 Dego FinanceDEGO
|
$0.002894 | -0.38% | $1.61万 | $4.10万 | |
| 38 |
 Dexe.networkDEXE
|
$1.4563 | -1.17% | $568.66万 | $1.22亿 | |
| 39 |
 DexlabXLAB
|
$0.0 | 0% | $0 | $0 | |
| 40 |
 dForceDF
|
$0.0 | 0% | $0 | $0.0 | |
| 41 |
 DIADIA
|
$0.1442 | -1.1% | $40.42万 | $1,161.90万 | |
| 42 |
 Disney Tokenized Stock (Ondo)DISON
|
$112.26 | +0.44% | $24.75万 | $98.86万 | |
| 43 |
 Dives DefiDDF
|
$0.0 | 0% | $0 | $0.0 | |
| 44 |
 DMGDMG
|
$0.0 | 0% | $0 | $0 | |
| 45 |
 DODO TokenDODO
|
$0.022292 | -4.64% | $488.70万 | $981.59万 | |
| 46 |
 Drops Ownership PowerDROPS
|
$0.0 | 0% | $0 | $0.0 | |
| 47 |
 dYdXDYDX
|
$0.1047 | -0.95% | $142.15万 | $1,924.03万 | |
| 48 |
 Equinix Tokenized Stock (Ondo)EQIXON
|
$1,037.01 | -0.21% | $25.79万 | $165.63万 | |
| 49 |
 AaveLEND
|
$0.0 | 0% | $0 | $0.0 | |
| 50 |
 FILDAFILDA
|
$0.0 | 0% | $0 | $0.0 |
