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
|
$0.09758 | +3.96% | $235.29万 | $8,269.87万 | |
| 2 |
 1inch Token1INCH
|
$0.082249 | +3.35% | $254.08万 | $8,465.34万 | |
| 3 |
 AaveAAVE
|
$130.56 | +2.9% | $2.01亿 | $20.13亿 | |
| 4 |
 AirSwapAST
|
$0.005124 | +4.1% | $2.62万 | $76.86万 | |
| 5 |
 StellaALPHA
|
$0.000408 | +7.95% | $3,560.59 | $32.53万 | |
| 6 |
 American Express Tokenized Stock (Ondo)AXPON
|
$328.07 | -1.06% | $23.71万 | $89.67万 | |
| 7 |
 Amgen Tokenized Stock (Ondo)AMGNON
|
$463.37 | -2.37% | $24.60万 | $6.28万 | |
| 8 |
 AmpleforthAMPL
|
$0 | 0% | $0 | $0 | |
| 9 |
 Analog Devices Tokenized Stock (Ondo)ADION
|
$423.92 | +0.61% | $24.74万 | $1,771.99 | |
| 10 |
 Anchor ProtocolANC
|
$0 | 0% | $0 | $0 | |
| 11 |
 阿拉贡ANT
|
$0 | 0% | $0 | $0 | |
| 12 |
 Atlas DEXATLASDEX
|
$0.04014 | -0.32% | $3.17万 | $245.34万 | |
| 13 |
 AutoLayerLAY3R
|
$0 | 0% | $0 | $0 | |
| 14 |
 AvalancheAVAX
|
$8.5809 | +2.83% | $1.16亿 | $37.05亿 | |
| 15 |
 AWE NetworkAWE
|
$0.06435 | +1.48% | $52.98万 | $1.25亿 | |
| 16 |
 BabylonBABY
|
$0.011641 | +0.54% | $237.78万 | $2,670.49万 | |
| 17 |
 面包BAKE
|
$0.000303 | +2.92% | $20.95 | $5.86万 | |
| 18 |
 BalancerBAL
|
$0.1208 | +0.67% | $6,705.65 | $83.88万 | |
| 19 |
 BancorBNT
|
$0.2866 | +1.7% | $28.14万 | $7,887.57万 | |
| 20 |
 半岛协议BAND
|
$0.1932 | +3.54% | $18.41万 | $679.91万 | |
| 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
|
$11.1395 | +0.49% | $2.23亿 | $83.33亿 | |
| 25 |
 CHIPCHIP
|
$0.0418 | +6.69% | $252.34 | $8,360.00万 | |
| 26 |
 Common WealthWLTH
|
$0 | 0% | $0 | $0 | |
| 27 |
 CompoundCOMP
|
$20.1043 | +1.73% | $804.41万 | $1.57亿 | |
| 28 |
 ConcreteCT
|
$0.1363 | +9.65% | $1,073.08万 | $1.36亿 | |
| 29 |
 Convex FinanceCVX
|
$1.8887 | -1.04% | $830.72万 | $1.49亿 | |
| 30 |
 玉米CORN
|
$0.02162 | -11.32% | $2.61万 | $0 | |
| 31 |
 CreamCREAM
|
$0.4803 | -0.12% | $61.08 | $29.60万 | |
| 32 |
 CurveCRV
|
$0.2636 | +0.88% | $2,243.26万 | $4.04亿 | |
| 33 |
 Dai StablecoinDAI
|
$0.9955 | -0.4% | $3.79万 | $46.26亿 | |
| 34 |
 deBridgeDBR
|
$0.012637 | -3.42% | $537.67万 | $1,477.45万 | |
| 35 |
 DeFi LandDEFILAND
|
$0.00000827 | +0.49% | $3.96 | $5.90万 | |
| 36 |
 DefiBoxBOX
|
$0.02091 | +2.05% | $2,554.57 | $6.10万 | |
| 37 |
 Dego FinanceDEGO
|
$0.002971 | +1.16% | $4,413.31 | $4.21万 | |
| 38 |
 Dexe.networkDEXE
|
$1.4084 | +3.31% | $536.45万 | $1.18亿 | |
| 39 |
 DexlabXLAB
|
$0 | 0% | $0 | $0 | |
| 40 |
 dForceDF
|
$0 | 0% | $0 | $0 | |
| 41 |
 DIADIA
|
$0.1473 | +1.87% | $26.62万 | $1,186.88万 | |
| 42 |
 Disney Tokenized Stock (Ondo)DISON
|
$115.07 | +0.43% | $25.29万 | $101.33万 | |
| 43 |
 Dives DefiDDF
|
$0 | 0% | $0 | $0 | |
| 44 |
 DMGDMG
|
$0 | 0% | $0 | $0 | |
| 45 |
 DODO TokenDODO
|
$0.021956 | +0.14% | $450.74万 | $966.79万 | |
| 46 |
 Drops Ownership PowerDROPS
|
$0 | 0% | $0 | $0 | |
| 47 |
 dYdXDYDX
|
$0.1044 | +4.09% | $201.76万 | $1,918.51万 | |
| 48 |
 Equinix Tokenized Stock (Ondo)EQIXON
|
$1,023.14 | +1.07% | $24.96万 | $163.42万 | |
| 49 |
 AaveLEND
|
$0 | 0% | $0 | $0 | |
| 50 |
 FILDAFILDA
|
$0 | 0% | $0 | $0 |
