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
Hyperliquid
Hyperliquid
HYPE
$ 62.15
+2.38%
-0.69%
-8.59%
$ 15.69B
$ 40.64K
2
Lido Staked ETH
Lido Staked ETH
STETH
$ 1,613.51
+2.13%
-3.17%
-5.56%
$ 14.49B
$ 40.41
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 1,996.74
+2.10%
-4.84%
-5.41%
$ 7.30B
$ 14.80M
4
LAB
LAB
LAB
$ 16.65905
+4.62%
+10.55%
-5.05%
$ 5.14B
$ 111.02K
5
Chainlink
Chainlink
LINK
$ 7.381
+2.25%
-3.08%
-7.58%
$ 4.84B
$ 371.42K
6
DEXE
DEXE
DEXE
$ 22.611
+0.21%
-3.83%
+44.61%
$ 1.88B
$ 8.99K
7
UNISWAP
UNISWAP
UNI
$ 2.875
+2.47%
-1.92%
-5.85%
$ 1.78B
$ 64.36K
8
Aster
Aster
ASTER
$ 0.6032
+0.75%
-5.25%
-5.51%
$ 1.62B
$ 2.80M
9
Ondo
Ondo
ONDO
$ 0.308
+2.24%
-2.56%
-14.77%
$ 1.50B
$ 1.71M
10
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.17
0.00%
-0.00%
0.00%
$ 1.29B
$ 1.27M
11
Sky Protocol
Sky Protocol
SKY
$ 0.05313
+0.84%
-5.60%
-8.39%
$ 1.23B
$ 1.06M
12
AaveToken
AaveToken
AAVE
$ 76.59
+2.42%
+5.36%
+2.88%
$ 1.18B
$ 8.68K
13
MORPHO
MORPHO
MORPHO
$ 1.737
+2.25%
+5.20%
-10.67%
$ 874.08M
$ 58.48K
14
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.07255
+1.16%
-6.46%
-6.67%
$ 773.69M
$ 3.22M
15
Ethena
Ethena
ENA
$ 0.08371
+2.57%
-4.65%
-9.46%
$ 771.38M
$ 12.63M
16
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.34
+1.52%
-2.90%
-2.05%
$ 756.22M
$ 4.49M
17
Jupiter
Jupiter
JUP
$ 0.213
+4.10%
+3.95%
+10.70%
$ 707.56M
$ 1.78M
18
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 75.5
+2.60%
-4.40%
-2.68%
$ 700.15M
$ 1.33M
19
JUST
JUST
JST
$ 0.08151
+0.06%
-2.45%
-1.01%
$ 691.62M
$ 757.96K
20
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.4937
+3.78%
-2.02%
+11.87%
$ 471.36M
$ 549.47K
21
PancakeSwap
PancakeSwap
CAKE
$ 1.3
+1.32%
-2.40%
-1.81%
$ 457.77M
$ 633.61K
22
Injective
Injective
INJ
$ 4.327
+1.30%
-6.44%
-18.77%
$ 429.97M
$ 407.37K
23
Lighter
Lighter
LIT
$ 1.5856
+2.65%
+4.12%
-2.02%
$ 398.40M
$ 127.58K
24
SEI
SEI
SEI
$ 0.05438
+2.09%
+3.32%
-1.53%
$ 390.91M
$ 2.78M
25
Terra Classic
Terra Classic
LUNC
$ 0.00006032
+2.40%
-6.57%
-14.87%
$ 331.68M
$ 5.55B
26
TIA
TIA
TIA
$ 0.3597
+2.32%
-6.56%
-8.52%
$ 328.97M
$ 2.07M
27
SUN
SUN
SUN
$ 0.017054
+0.37%
-1.08%
+0.19%
$ 328.01M
$ 8.62M
28
JITO
JITO
JTO
$ 0.6554
+2.26%
-1.87%
-13.09%
$ 314.79M
$ 306.93K
29
tBTC
tBTC
TBTC
$ 60,624
+1.50%
-3.88%
-4.23%
$ 301.24M
$ 9.51M
30
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.3403
+2.80%
-3.21%
-5.80%
$ 297.49M
$ 7.36M
31
Staked USDai
Staked USDai
SUSDAI
$ 1.092
0.00%
-0.01%
+0.09%
$ 296.00M
$ 1.21M
32
Curve
Curve
CRV
$ 0.1948
+1.83%
-5.08%
-13.75%
$ 295.00M
$ 2.95M
33
Gnosis
Gnosis
GNO
$ 104.15
+0.89%
-1.28%
+0.45%
$ 276.65M
$ 537.48
34
Pyth Network
Pyth Network
PYTH
$ 0.03415
+2.13%
-3.76%
-6.61%
$ 268.06M
$ 8.59M
35
Olympus
Olympus
OHM
$ 16.11
+1.64%
-1.33%
+0.88%
$ 240.10M
$ 10.07K
36
Zebec Network
Zebec Network
ZBCN
$ 0.0023646
+1.41%
-1.79%
-7.23%
$ 235.61M
$ 46.99M
37
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 1,720.15
+1.67%
-4.73%
-5.29%
$ 232.08M
$ 503.45
38
Telcoin
Telcoin
TEL
$ 0.002395
+1.45%
-5.12%
-1.37%
$ 227.89M
$ 55.87M
39
B
B
B
$ 0.22401
+0.71%
+0.93%
+0.94%
$ 223.63M
$ 365.42K
40
ETHGAS
ETHGAS
GWEI
$ 0.12354
+0.89%
+4.22%
+15.82%
$ 215.23M
$ 179.98K
41
Pendle
Pendle
PENDLE
$ 1.254
+2.54%
-4.36%
-10.27%
$ 213.59M
$ 367.04K
42
Lido DAO
Lido DAO
LDO
$ 0.2522
+2.43%
-2.81%
-7.97%
$ 213.07M
$ 807.58K
43
Velvet
Velvet
VELVET
$ 0.48368
-2.08%
+3.87%
+0.95%
$ 201.86M
$ 1.98M
44
Falcon Finance
Falcon Finance
FF
$ 0.06776
+0.82%
+0.30%
-7.90%
$ 194.18M
$ 1.06M
45
Bitway
Bitway
BTW
$ 0.091625
-2.07%
-11.61%
+79.89%
$ 192.71M
$ 23.09M
46
MIOTAC
MIOTAC
IOTA
$ 0.0403
+0.70%
-3.96%
-13.36%
$ 180.54M
$ 1.78M
47
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.11
0.00%
+0.01%
0.00%
$ 177.52M
$ 310.77K
48
crvUSD
crvUSD
CRVUSD
$ 0.998262
-0.02%
-0.10%
-0.09%
$ 174.51M
$ 27.88M
49
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 93.36
+2.02%
-4.27%
-2.93%
$ 167.93M
$ 552.53K
50
Compound
Compound
COMP
$ 16.66
+1.59%
-2.63%
-4.80%
$ 166.28M
$ 3.70K

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.