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
$ 2,659.55
+0.33%
-2.21%
-3.48%
$ 25.95B
$ 20.43
2
Hyperliquid
Hyperliquid
HYPE
$ 89.8
+0.29%
-3.93%
-6.21%
$ 22.47B
$ 20.69K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 3,297.84
+0.32%
-0.02%
-3.48%
$ 12.23B
$ 9.96M
4
Chainlink
Chainlink
LINK
$ 13.98
+0.93%
-3.96%
+5.82%
$ 9.02B
$ 94.59K
5
UNISWAP
UNISWAP
UNI
$ 8.951
+0.15%
-10.38%
+1.69%
$ 5.51B
$ 358.41K
6
Bitway
Bitway
BTW
$ 1.187755
-6.31%
+10.20%
+50.13%
$ 3.59B
$ 1.35M
7
Ethena
Ethena
ENA
$ 0.26206
+0.44%
-5.46%
+23.53%
$ 2.62B
$ 205.75M
8
Ondo
Ondo
ONDO
$ 0.5199
-0.17%
-6.32%
+18.41%
$ 2.49B
$ 5.11M
9
AaveToken
AaveToken
AAVE
$ 148.08
+0.18%
-5.68%
+4.12%
$ 2.27B
$ 1.36K
10
Aster
Aster
ASTER
$ 0.7029
+0.10%
-5.41%
-4.00%
$ 1.89B
$ 3.86M
11
Sky Protocol
Sky Protocol
SKY
$ 0.08056
+1.36%
+5.21%
+19.12%
$ 1.89B
$ 1.60M
12
MORPHO
MORPHO
MORPHO
$ 2.5732
+1.08%
-7.48%
-2.22%
$ 1.33B
$ 54.55K
13
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 133.38
-0.04%
-0.05%
+0.43%
$ 1.21B
$ 1.67M
14
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.11422
+0.68%
-6.29%
+4.56%
$ 1.20B
$ 2.74M
15
Jupiter
Jupiter
JUP
$ 0.3399
+0.98%
-0.70%
+15.71%
$ 1.12B
$ 1.75M
16
Lighter
Lighter
LIT
$ 4.4091
-0.25%
-8.53%
-8.07%
$ 1.10B
$ 1.98M
17
JUST
JUST
JST
$ 0.12892
+0.16%
+1.90%
+10.01%
$ 1.05B
$ 562.42K
18
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
0.00%
0.00%
$ 1.01B
$ 4.69M
19
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 4.82
+0.21%
-0.02%
-0.21%
$ 934.04M
$ 10.10M
20
PancakeSwap
PancakeSwap
CAKE
$ 2.635
0.00%
-4.70%
+6.07%
$ 846.96M
$ 1.43M
21
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.7894
-0.17%
-9.59%
+11.09%
$ 766.28M
$ 5.59M
22
Injective
Injective
INJ
$ 7.377
-0.18%
-6.56%
-6.49%
$ 730.69M
$ 468.33K
23
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.6744
+0.26%
-9.20%
-4.53%
$ 644.27M
$ 9.08M
24
Pyth Network
Pyth Network
PYTH
$ 0.08113
+1.68%
-6.79%
+30.23%
$ 640.23M
$ 19.79M
25
SEI
SEI
SEI
$ 0.07885
-0.24%
+4.81%
+28.52%
$ 592.97M
$ 15.16M
26
Raydium
Raydium
RAY
$ 2.004
+0.56%
-10.61%
+11.52%
$ 541.58M
$ 144.82K
27
Curve
Curve
CRV
$ 0.3305
+0.80%
-6.19%
-9.23%
$ 513.62M
$ 2.76M
28
Staked USDai
Staked USDai
SUSDAI
$ 1.12
0.00%
0.00%
+0.90%
$ 487.79M
$ 15.35M
29
TIA
TIA
TIA
$ 0.4637
+0.13%
-6.98%
+4.61%
$ 423.91M
$ 2.26M
30
Pendle
Pendle
PENDLE
$ 2.425
+0.12%
-8.52%
-0.17%
$ 419.46M
$ 528.34K
31
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,845.89
+0.23%
-0.02%
-3.03%
$ 418.90M
$ 156.66K
32
Falcon Finance
Falcon Finance
FF
$ 0.13009
+0.81%
-1.46%
+2.74%
$ 410.37M
$ 823.30K
33
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.13
0.00%
0.00%
0.00%
$ 382.61M
$ 2.80K
34
Lido DAO
Lido DAO
LDO
$ 0.4604
+0.48%
-6.15%
+10.48%
$ 379.53M
$ 859.83K
35
Derive
Derive
DRV
$ 0.379285
+0.17%
-0.09%
-6.69%
$ 379.16M
$ 16.10M
36
Staked Aave
Staked Aave
STKAAVE
$ 146.6
+0.34%
-0.05%
+4.10%
$ 365.36M
$ 3.02K
37
tBTC
tBTC
TBTC
$ 82,706
+0.09%
-0.02%
-3.86%
$ 345.71M
$ 4.57M
38
SUN
SUN
SUN
$ 0.017064
+0.26%
-1.04%
-2.57%
$ 326.32M
$ 19.26M
39
Gnosis
Gnosis
GNO
$ 118.25
+0.85%
-0.28%
+1.49%
$ 311.65M
$ 727.19
40
Ethena Staked ENA
Ethena Staked ENA
SENA
$ 0.265788
0.00%
-0.02%
+23.95%
$ 311.37M
$ 540.61K
41
Olympus
Olympus
OHM
$ 20.15
+0.15%
-0.00%
+0.10%
$ 300.59M
$ 98.92K
42
Terra Classic
Terra Classic
LUNC
$ 0.00005349
+0.24%
-5.61%
-2.24%
$ 293.75M
$ 4.18B
43
JITO
JITO
JTO
$ 0.5614
+0.56%
-10.54%
+10.83%
$ 293.27M
$ 210.70K
44
Plasma
Plasma
XPL
$ 0.10134
-0.20%
-9.32%
+7.18%
$ 278.17M
$ 23.08M
45
Bedrock
Bedrock
BR
$ 0.9166
-0.11%
+0.28%
-14.63%
$ 276.93M
$ 158.39K
46
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 166.0
+0.21%
-0.05%
+0.83%
$ 268.01M
$ 890.94K
47
Kamino
Kamino
KMNO
$ 0.045
-0.44%
-2.89%
+38.26%
$ 255.16M
$ 2.22M
48
MIOTAC
MIOTAC
IOTA
$ 0.05318
+3.31%
+6.89%
+15.39%
$ 252.83M
$ 2.95M
49
Maple Finance
Maple Finance
SYRUP
$ 0.20926
+0.07%
-5.98%
-5.17%
$ 246.60M
$ 580.03K
50
THORChain
THORChain
RUNE
$ 0.7212
-0.17%
-5.41%
+11.52%
$ 234.79M
$ 2.14M

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.