Top Decentralised Finance (DeFi) Tokens by Market Capitalisation

Decentralised Finance (DeFi) protocols utilise smart contracts to recreate traditional financial services—such as lending, borrowing, and trading—on the blockchain. These peer-to-peer networks eliminate the need for centralised intermediaries like banks. DeFi tokens often capture protocol value, providing holders with governance voting rights and potential revenue-sharing opportunities.

#
Coin
Price
Last 7 Days
Action
1
Lido Staked ETH
Lido Staked ETH
STETH
$ 1,914.62
0.00%
-0.12%
+2.93%
$ 17.22B
$ 28.74
2
Hyperliquid
Hyperliquid
HYPE
$ 54.86
+0.31%
+1.45%
+5.77%
$ 13.99B
$ 9.15K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,376.49
0.00%
+0.00%
+3.11%
$ 8.80B
$ 3.52M
4
Chainlink
Chainlink
LINK
$ 8.287
-0.04%
+0.67%
+0.14%
$ 5.46B
$ 24.05K
5
UNISWAP
UNISWAP
UNI
$ 3.975
+0.43%
-1.19%
-3.02%
$ 2.48B
$ 52.46K
6
Ondo
Ondo
ONDO
$ 0.34819
+0.27%
-1.50%
-6.14%
$ 1.69B
$ 895.85K
7
Aster
Aster
ASTER
$ 0.6018
-0.15%
-0.08%
0.00%
$ 1.62B
$ 488.95K
8
AaveToken
AaveToken
AAVE
$ 90.77
+0.09%
+1.42%
-0.44%
$ 1.40B
$ 2.25K
9
Sky Protocol
Sky Protocol
SKY
$ 0.05393
-0.04%
-0.75%
-2.81%
$ 1.26B
$ 965.48K
10
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
0.00%
0.00%
$ 1.10B
$ 2.23M
11
MORPHO
MORPHO
MORPHO
$ 1.9329
-0.10%
+3.39%
+0.02%
$ 969.70M
$ 43.96K
12
JUST
JUST
JST
$ 0.10201
+2.29%
-2.62%
-2.54%
$ 876.93M
$ 626.20K
13
Ethena
Ethena
ENA
$ 0.08982
+0.17%
-0.62%
+1.88%
$ 834.95M
$ 2.03M
14
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.07673
+0.01%
+2.11%
+5.09%
$ 816.77M
$ 1.30M
15
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.65
0.00%
+0.01%
+2.53%
$ 799.46M
$ 1.85M
16
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 85.26
-0.07%
+0.03%
+4.26%
$ 772.48M
$ 876.44K
17
Jupiter
Jupiter
JUP
$ 0.1851
+0.60%
+1.60%
-4.45%
$ 612.60M
$ 1.19M
18
Lighter
Lighter
LIT
$ 2.2782
+0.59%
-2.08%
+14.25%
$ 574.23M
$ 153.68K
19
PancakeSwap
PancakeSwap
CAKE
$ 1.436
-0.42%
+2.13%
0.00%
$ 505.98M
$ 306.82K
20
Injective
Injective
INJ
$ 4.398
-0.14%
-2.78%
-12.25%
$ 440.37M
$ 203.28K
21
Bitway
Bitway
BTW
$ 0.204292
-1.24%
-8.48%
+130.45%
$ 432.01M
$ 14.63M
22
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.4319
-0.02%
-2.26%
+9.75%
$ 411.72M
$ 152.48K
23
Staked USDai
Staked USDai
SUSDAI
$ 1.1
0.00%
0.00%
0.00%
$ 353.67M
$ 689.05K
24
SUN
SUN
SUN
$ 0.018035
0.00%
+0.61%
+0.49%
$ 346.83M
$ 3.73M
25
Curve
Curve
CRV
$ 0.2264
-0.22%
+5.23%
+12.20%
$ 341.72M
$ 2.14M
26
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.3813
+0.08%
+0.34%
-4.37%
$ 335.62M
$ 1.64M
27
Pyth Network
Pyth Network
PYTH
$ 0.04173
+0.85%
+8.08%
+6.45%
$ 328.62M
$ 7.09M
28
tBTC
tBTC
TBTC
$ 64,784
-0.04%
0.00%
+3.37%
$ 306.57M
$ 4.77M
29
TIA
TIA
TIA
$ 0.327
+0.06%
+0.15%
+0.80%
$ 302.01M
$ 741.13K
30
SEI
SEI
SEI
$ 0.04164
+0.17%
+1.80%
+1.51%
$ 301.34M
$ 1.29M
31
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,037.05
+0.04%
0.00%
+3.14%
$ 289.62M
$ 74.05K
32
Gnosis
Gnosis
GNO
$ 106.65
+0.02%
+0.35%
+2.51%
$ 281.32M
$ 540.10
33
Olympus
Olympus
OHM
$ 18.78
0.00%
+0.01%
+0.59%
$ 280.62M
$ 324.24K
34
Terra Classic
Terra Classic
LUNC
$ 0.00004925
+0.41%
-0.22%
-1.56%
$ 272.04M
$ 1.79B
35
JITO
JITO
JTO
$ 0.5065
+0.29%
+4.55%
+3.66%
$ 246.54M
$ 157.89K
36
Lido DAO
Lido DAO
LDO
$ 0.2898
+0.35%
+0.66%
-10.76%
$ 243.83M
$ 302.21K
37
Pendle
Pendle
PENDLE
$ 1.401
+0.57%
+1.52%
+3.93%
$ 239.73M
$ 117.94K
38
Staked Aave
Staked Aave
STKAAVE
$ 90.41
+0.13%
+0.02%
0.00%
$ 221.48M
$ 6.36K
39
crvUSD
crvUSD
CRVUSD
$ 0.999276
+0.01%
0.00%
+0.05%
$ 213.44M
$ 1.55M
40
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.12
0.00%
0.00%
0.00%
$ 211.05M
$ 24.52K
41
Velvet
Velvet
VELVET
$ 0.47592
-0.75%
-3.00%
+18.02%
$ 197.35M
$ 312.11K
42
DEXE
DEXE
DEXE
$ 2.217
-0.72%
-0.67%
-2.94%
$ 185.30M
$ 201.24K
43
Falcon Finance
Falcon Finance
FF
$ 0.06434
-0.08%
+1.24%
-0.69%
$ 185.06M
$ 956.42K
44
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 105.91
+0.08%
+0.03%
+4.31%
$ 179.07M
$ 726.83K
45
Maple Finance
Maple Finance
SYRUP
$ 0.14978
-0.38%
-0.80%
-2.81%
$ 178.02M
$ 413.33K
46
Zebec Network
Zebec Network
ZBCN
$ 0.0017716
0.00%
+1.62%
-5.73%
$ 176.62M
$ 118.29M
47
Raydium
Raydium
RAY
$ 0.6395
+0.03%
+1.93%
+5.63%
$ 172.12M
$ 147.94K
48
Compound
Compound
COMP
$ 16.69
+0.42%
-0.54%
+1.15%
$ 166.90M
$ 3.13K
49
MIOTAC
MIOTAC
IOTA
$ 0.03524
+1.63%
+5.19%
+7.61%
$ 160.02M
$ 2.26M
50
Telcoin
Telcoin
TEL
$ 0.001626
-1.39%
+8.69%
-2.52%
$ 156.22M
$ 106.51M

Frequently Asked Questions

What does Decentralised Finance (DeFi) mean in the Web3 ecosystem?
Decentralised Finance (DeFi) represents a financial system built entirely on blockchain networks. DeFi utilises smart contracts to offer lending, borrowing, and trading services without relying on centralised institutions like commercial banks.
How do DeFi protocol tokens capture economic value?
DeFi protocol tokens capture economic value by granting token holders governance voting rights on software upgrades, and frequently by distributing a percentage of the protocol's transaction fees back to the token holders.
What is yield farming within the Decentralised Finance (DeFi) sector?
Yield farming is a popular DeFi strategy where users lock their cryptocurrency assets into protocol liquidity pools. In exchange for providing this liquidity, users earn rewards in the form of interest or newly minted DeFi tokens.
Are decentralised finance (DeFi) lending platforms safe to use?
While DeFi platforms offer transparency, DeFi lending platforms carry inherent risks such as smart contract coding vulnerabilities, extreme asset price volatility, and potential liquidation events during sudden market downturns.

Disclaimer

The inclusion of digital assets in the Decentralized Finance (DeFi) sector, along with the classification rules and market data, are sourced from independent third parties. Listing a token in this category does not constitute an endorsement, guarantee, or investment recommendation by MEXC. All content is for informational purposes only. Cryptocurrency prices are subject to market fluctuations; please conduct your own research (DYOR) and trade cautiously.