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
|
$0.094613 | -3.54% | $240.68万 | $8,018.41万 | |
| 2 |
 1inch Token1INCH
|
$0.079852 | -3.21% | $262.84万 | $8,218.63万 | |
| 3 |
 AaveAAVE
|
$126.11 | -7.28% | $1.95亿 | $19.44亿 | |
| 4 |
 AirSwapAST
|
$0.004935 | -5.55% | $2.38万 | $74.03万 | |
| 5 |
 StellaALPHA
|
$0.000372 | -7.85% | $657.95 | $29.71万 | |
| 6 |
 American Express Tokenized Stock (Ondo)AXPON
|
$331.74 | +2.54% | $23.75万 | $90.68万 | |
| 7 |
 Amgen Tokenized Stock (Ondo)AMGNON
|
$472.10 | -0.47% | $24.22万 | $6.40万 | |
| 8 |
 AmpleforthAMPL
|
$0 | 0% | $0 | $0 | |
| 9 |
 Analog Devices Tokenized Stock (Ondo)ADION
|
$422.25 | -1.06% | $24.09万 | $1,765.01 | |
| 10 |
 Anchor ProtocolANC
|
$0 | 0% | $0 | $0 | |
| 11 |
 阿拉贡ANT
|
$0.09991 | +1.69% | $88.02 | $395.74万 | |
| 12 |
 Atlas DEXATLASDEX
|
$0.04088 | +3.42% | $3.07万 | $249.87万 | |
| 13 |
 AutoLayerLAY3R
|
$0 | 0% | $0 | $0 | |
| 14 |
 AvalancheAVAX
|
$8.3899 | -3.35% | $1.06亿 | $36.23亿 | |
| 15 |
 AWE NetworkAWE
|
$0.064001 | +3.78% | $107.46万 | $1.24亿 | |
| 16 |
 BabylonBABY
|
$0.011624 | -3.21% | $272.00万 | $2,666.59万 | |
| 17 |
 面包BAKE
|
$0.000292 | -7.11% | $34.73 | $5.65万 | |
| 18 |
 BalancerBAL
|
$0.1186 | -2.63% | $1.30万 | $82.35万 | |
| 19 |
 BancorBNT
|
$0.2816 | -1.92% | $25.12万 | $7,749.97万 | |
| 20 |
 半岛协议BAND
|
$0.187 | -2.6% | $24.41万 | $658.09万 | |
| 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
|
$11.0888 | -2.72% | $2.28亿 | $82.96亿 | |
| 25 |
 CHIPCHIP
|
$0.03968 | -8.49% | $5.46 | $7,936.00万 | |
| 26 |
 Common WealthWLTH
|
$0 | 0% | $0 | $0 | |
| 27 |
 CompoundCOMP
|
$19.9579 | -2.39% | $578.44万 | $1.56亿 | |
| 28 |
 ConcreteCT
|
$0.127 | -6.41% | $750.93万 | $1.27亿 | |
| 29 |
 Convex FinanceCVX
|
$1.9227 | -5.87% | $722.52万 | $1.52亿 | |
| 30 |
 玉米CORN
|
$0.0243 | -0.86% | $9,858.90 | $0 | |
| 31 |
 CreamCREAM
|
$0.4881 | +2.78% | $1,473.36 | $30.09万 | |
| 32 |
 CurveCRV
|
$0.2633 | -6.13% | $2,042.65万 | $4.03亿 | |
| 33 |
 Dai StablecoinDAI
|
$0.9995 | -0.04% | $220.91万 | $46.44亿 | |
| 34 |
 deBridgeDBR
|
$0.013597 | -0.96% | $375.80万 | $1,589.69万 | |
| 35 |
 DeFi LandDEFILAND
|
$0.00000827 | -0.84% | $27.22 | $5.90万 | |
| 36 |
 DefiBoxBOX
|
$0.01992 | +4.9% | $7,596.08 | $5.81万 | |
| 37 |
 Dego FinanceDEGO
|
$0.002759 | -4.66% | $1.44万 | $3.91万 | |
| 38 |
 Dexe.networkDEXE
|
$1.3656 | -6.23% | $584.89万 | $1.14亿 | |
| 39 |
 DexlabXLAB
|
$0 | 0% | $0 | $0 | |
| 40 |
 dForceDF
|
$0 | 0% | $0 | $0 | |
| 41 |
 DIADIA
|
$0.1439 | -0.28% | $56.17万 | $1,159.48万 | |
| 42 |
 Disney Tokenized Stock (Ondo)DISON
|
$114.85 | +2.04% | $25.13万 | $101.14万 | |
| 43 |
 Dives DefiDDF
|
$0 | 0% | $0 | $0 | |
| 44 |
 DMGDMG
|
$0 | 0% | $0 | $0 | |
| 45 |
 DODO TokenDODO
|
$0.022344 | +0.21% | $217.26万 | $983.88万 | |
| 46 |
 Drops Ownership PowerDROPS
|
$0 | 0% | $0 | $0 | |
| 47 |
 dYdXDYDX
|
$0.1013 | -3.25% | $203.68万 | $1,861.54万 | |
| 48 |
 Equinix Tokenized Stock (Ondo)EQIXON
|
$1,007.68 | -2.83% | $24.34万 | $160.95万 | |
| 49 |
 AaveLEND
|
$0 | 0% | $0 | $0 | |
| 50 |
 FILDAFILDA
|
$0 | 0% | $0 | $0 |
