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
|
$0.093562 | -5.87% | $260.79万 | $7,929.34万 | |
| 2 |
 1inch Token1INCH
|
$0.080258 | -4.95% | $354.44万 | $8,260.42万 | |
| 3 |
 AaveAAVE
|
$130.43 | -2.08% | $2.16亿 | $20.11亿 | |
| 4 |
 AirSwapAST
|
$0.0046 | -14.83% | $2.12万 | $69.00万 | |
| 5 |
 StellaALPHA
|
$0.000365 | -3.52% | $9,200.72 | $29.15万 | |
| 6 |
 American Express Tokenized Stock (Ondo)AXPON
|
$328.48 | -2.38% | $24.61万 | $89.78万 | |
| 7 |
 Amgen Tokenized Stock (Ondo)AMGNON
|
$465.62 | -4.18% | $24.62万 | $6.31万 | |
| 8 |
 AmpleforthAMPL
|
$0 | 0% | $0 | $0 | |
| 9 |
 Analog Devices Tokenized Stock (Ondo)ADION
|
$367.13 | -10.31% | $26.16万 | $1,534.60 | |
| 10 |
 Anchor ProtocolANC
|
$0 | 0% | $0 | $0 | |
| 11 |
 阿拉贡ANT
|
$0 | 0% | $0 | $0 | |
| 12 |
 Atlas DEXATLASDEX
|
$0.03962 | -0.7% | $3.74万 | $242.17万 | |
| 13 |
 AutoLayerLAY3R
|
$0 | 0% | $0 | $0 | |
| 14 |
 AvalancheAVAX
|
$8.3244 | -5.93% | $1.19亿 | $35.94亿 | |
| 15 |
 AWE NetworkAWE
|
$0.062049 | -6.36% | $135.13万 | $1.21亿 | |
| 16 |
 BabylonBABY
|
$0.011763 | -4.43% | $322.75万 | $2,698.48万 | |
| 17 |
 面包BAKE
|
$0.000295 | -4.72% | $15.79 | $5.71万 | |
| 18 |
 BalancerBAL
|
$0.1164 | -7.62% | $2.78万 | $80.83万 | |
| 19 |
 BancorBNT
|
$0.2808 | -5.01% | $48.68万 | $7,727.95万 | |
| 20 |
 半岛协议BAND
|
$0.1824 | -5.1% | $41.89万 | $641.90万 | |
| 21 |
 比原链BTM
|
$0.006624 | -0.69% | $664.64 | $1,086.68万 | |
| 22 |
 bZx ProtocolBZRX
|
$0 | 0% | $0 | $0 | |
| 23 |
 Capital One Tokenized Stock (Ondo)COFON
|
$0 | 0% | $0 | $0 | |
| 24 |
 ChainLinkLINK
|
$10.8945 | -5.55% | $2.68亿 | $81.50亿 | |
| 25 |
 CHIPCHIP
|
$0.03763 | -13.03% | $14.73 | $7,526.00万 | |
| 26 |
 Common WealthWLTH
|
$0 | 0% | $0 | $0 | |
| 27 |
 CompoundCOMP
|
$19.8041 | -4.34% | $585.67万 | $1.55亿 | |
| 28 |
 ConcreteCT
|
$0.1209 | -4.65% | $1,405.10万 | $1.21亿 | |
| 29 |
 Convex FinanceCVX
|
$1.8412 | -5.28% | $873.32万 | $1.45亿 | |
| 30 |
 玉米CORN
|
$0.01944 | -6.09% | $1.59万 | $0 | |
| 31 |
 CreamCREAM
|
$0.4731 | -6.96% | $45.11 | $29.16万 | |
| 32 |
 CurveCRV
|
$0.2565 | -8.2% | $2,452.58万 | $3.93亿 | |
| 33 |
 Dai StablecoinDAI
|
$0.9989 | -0.02% | $14.16万 | $46.42亿 | |
| 34 |
 deBridgeDBR
|
$0.012596 | -1.96% | $608.55万 | $1,472.66万 | |
| 35 |
 DeFi LandDEFILAND
|
$0.00000825 | -0.48% | $5.25 | $5.89万 | |
| 36 |
 DefiBoxBOX
|
$0.01986 | -2.36% | $1,028.75 | $5.79万 | |
| 37 |
 Dego FinanceDEGO
|
$0.0027 | -7.47% | $862.17 | $3.82万 | |
| 38 |
 Dexe.networkDEXE
|
$1.2851 | -9.21% | $681.56万 | $1.08亿 | |
| 39 |
 DexlabXLAB
|
$0 | 0% | $0 | $0 | |
| 40 |
 dForceDF
|
$0 | 0% | $0 | $0 | |
| 41 |
 DIADIA
|
$0.137 | -6.68% | $26.64万 | $1,103.89万 | |
| 42 |
 Disney Tokenized Stock (Ondo)DISON
|
$118.43 | -1.55% | $25.06万 | $104.29万 | |
| 43 |
 Dives DefiDDF
|
$0 | 0% | $0 | $0 | |
| 44 |
 DMGDMG
|
$0 | 0% | $0 | $0 | |
| 45 |
 DODO TokenDODO
|
$0.02198 | +0.14% | $538.71万 | $967.85万 | |
| 46 |
 Drops Ownership PowerDROPS
|
$0 | 0% | $0 | $0 | |
| 47 |
 dYdXDYDX
|
$0.097285 | -8.05% | $347.54万 | $1,787.76万 | |
| 48 |
 Equinix Tokenized Stock (Ondo)EQIXON
|
$1,016.10 | -4.54% | $24.04万 | $162.29万 | |
| 49 |
 AaveLEND
|
$0 | 0% | $0 | $0 | |
| 50 |
 FILDAFILDA
|
$0 | 0% | $0 | $0 |
