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
|
$0.1001 | -4.3% | $202.10万 | $8,483.44万 | |
| 2 |
 1inch Token1INCH
|
$0.087425 | -1.87% | $255.89万 | $8,998.07万 | |
| 3 |
 AaveAAVE
|
$131.61 | -2.19% | $1.86亿 | $20.29亿 | |
| 4 |
 AirSwapAST
|
$0.0049 | -3.96% | $9,980.00 | $73.50万 | |
| 5 |
 StellaALPHA
|
$0.000423 | +0.29% | $948.93 | $33.76万 | |
| 6 |
 American Express Tokenized Stock (Ondo)AXPON
|
$322.67 | +2.07% | $24.03万 | $88.20万 | |
| 7 |
 Amgen Tokenized Stock (Ondo)AMGNON
|
$472.71 | +4.35% | $23.52万 | $6.40万 | |
| 8 |
 AmpleforthAMPL
|
$0.0 | 0% | $0 | $0.0 | |
| 9 |
 Analog Devices Tokenized Stock (Ondo)ADION
|
$429.33 | +0.94% | $25.00万 | $1,794.60 | |
| 10 |
 Anchor ProtocolANC
|
$0.0 | 0% | $0 | $0.0 | |
| 11 |
 阿拉贡ANT
|
$0.1003 | -8.49% | $73.18 | $397.28万 | |
| 12 |
 Atlas DEXATLASDEX
|
$0.04407 | +6.97% | $2.11万 | $269.37万 | |
| 13 |
 AutoLayerLAY3R
|
$0.0 | 0% | $0 | $0.0 | |
| 14 |
 AvalancheAVAX
|
$8.7913 | -2.51% | $1.65亿 | $37.96亿 | |
| 15 |
 AWE NetworkAWE
|
$0.067976 | -0.01% | $179.83万 | $1.32亿 | |
| 16 |
 BabylonBABY
|
$0.013933 | -2.54% | $654.88万 | $3,196.28万 | |
| 17 |
 面包BAKE
|
$0.000361 | -0.91% | $1.62 | $6.98万 | |
| 18 |
 BalancerBAL
|
$0.1226 | +0.41% | $1.94万 | $85.13万 | |
| 19 |
 BancorBNT
|
$0.2953 | -1.37% | $30.71万 | $8,127.01万 | |
| 20 |
 半岛协议BAND
|
$0.2084 | -1.0% | $39.67万 | $733.40万 | |
| 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
|
$11.5853 | -1.4% | $2.72亿 | $86.67亿 | |
| 25 |
 CHIPCHIP
|
$0.0479 | -12.18% | $16.36 | $9,574.00万 | |
| 26 |
 Common WealthWLTH
|
$0.0 | 0% | $0 | $0 | |
| 27 |
 CompoundCOMP
|
$21.5191 | +0.7% | $617.21万 | $1.68亿 | |
| 28 |
 ConcreteCT
|
$0.1514 | -5.14% | $1,698.85万 | $1.51亿 | |
| 29 |
 Convex FinanceCVX
|
$2.2081 | -4.33% | $1,092.93万 | $1.74亿 | |
| 30 |
 玉米CORN
|
$0.0246 | -0.12% | $1.21万 | $0 | |
| 31 |
 CreamCREAM
|
$0.4869 | -2.64% | $507.21 | $30.01万 | |
| 32 |
 CurveCRV
|
$0.3288 | -3.27% | $2,454.36万 | $5.03亿 | |
| 33 |
 Dai StablecoinDAI
|
$0.9996 | +0.01% | $3.25万 | $46.45亿 | |
| 34 |
 deBridgeDBR
|
$0.014163 | -5.55% | $472.96万 | $1,655.86万 | |
| 35 |
 DeFi LandDEFILAND
|
$0.00000828 | +0.85% | $25.64 | $5.91万 | |
| 36 |
 DefiBoxBOX
|
$0.0213 | -3.01% | $2.14万 | $6.21万 | |
| 37 |
 Dego FinanceDEGO
|
$0.003082 | +0.49% | $1.39万 | $4.37万 | |
| 38 |
 Dexe.networkDEXE
|
$1.5929 | -0.54% | $527.05万 | $1.33亿 | |
| 39 |
 DexlabXLAB
|
$0.0 | 0% | $0 | $0 | |
| 40 |
 dForceDF
|
$0.0 | 0% | $0 | $0.0 | |
| 41 |
 DIADIA
|
$0.1368 | -3.18% | $26.41万 | $1,102.27万 | |
| 42 |
 Disney Tokenized Stock (Ondo)DISON
|
$111.00 | -0.2% | $24.59万 | $97.75万 | |
| 43 |
 Dives DefiDDF
|
$0.0 | 0% | $0 | $0.0 | |
| 44 |
 DMGDMG
|
$0.0 | 0% | $0 | $0 | |
| 45 |
 DODO TokenDODO
|
$0.024717 | +3.54% | $368.52万 | $1,088.37万 | |
| 46 |
 Drops Ownership PowerDROPS
|
$0.0 | 0% | $0 | $0.0 | |
| 47 |
 dYdXDYDX
|
$0.1092 | -0.55% | $517.40万 | $2,006.72万 | |
| 48 |
 Equinix Tokenized Stock (Ondo)EQIXON
|
$1,037.72 | +2.19% | $24.71万 | $165.75万 | |
| 49 |
 AaveLEND
|
$0.0 | 0% | $0 | $0.0 | |
| 50 |
 FILDAFILDA
|
$0.0 | 0% | $0 | $0.0 |
