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
$ 62.62
+0.03%
+0.73%
-5.99%
$ 15.83B
$ 16.15K
2
Lido Staked ETH
Lido Staked ETH
STETH
$ 1,584.35
+0.75%
+0.67%
-8.27%
$ 14.23B
$ 38.97
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 1,960.64
+0.52%
+0.51%
-7.77%
$ 7.24B
$ 3.49M
4
Chainlink
Chainlink
LINK
$ 7.317
+0.81%
+0.64%
-6.64%
$ 4.83B
$ 112.31K
5
LAB
LAB
LAB
$ 14.23491
-6.58%
-22.51%
-19.97%
$ 4.21B
$ 26.19K
6
UNISWAP
UNISWAP
UNI
$ 2.959
+0.92%
+1.54%
-0.70%
$ 1.84B
$ 44.38K
7
DEXE
DEXE
DEXE
$ 21.839
-0.11%
-2.05%
-2.06%
$ 1.82B
$ 3.44K
8
Aster
Aster
ASTER
$ 0.6285
+0.46%
+1.45%
-0.16%
$ 1.70B
$ 1.07M
9
Ondo
Ondo
ONDO
$ 0.31209
+0.45%
+0.71%
-3.90%
$ 1.52B
$ 386.37K
10
AaveToken
AaveToken
AAVE
$ 94.11
+2.66%
-1.00%
+24.33%
$ 1.45B
$ 10.46K
11
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.17
0.00%
+0.03%
0.00%
$ 1.29B
$ 1.04M
12
Sky Protocol
Sky Protocol
SKY
$ 0.05001
+0.58%
-1.38%
-15.51%
$ 1.16B
$ 1.14M
13
MORPHO
MORPHO
MORPHO
$ 1.7746
+0.91%
+1.85%
-0.83%
$ 889.39M
$ 50.08K
14
Velvet
Velvet
VELVET
$ 1.89054
+3.35%
+35.49%
+328.61%
$ 849.45M
$ 4.31M
15
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.46
+0.87%
+0.69%
0.00%
$ 775.90M
$ 3.78M
16
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.07201
+1.35%
+2.15%
-8.08%
$ 774.23M
$ 1.98M
17
JUST
JUST
JST
$ 0.08872
+0.25%
+2.48%
+7.08%
$ 758.09M
$ 911.46K
18
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 81.03
+0.78%
+1.73%
+1.35%
$ 740.19M
$ 1.85M
19
Ethena
Ethena
ENA
$ 0.07814
+0.92%
+1.34%
-14.10%
$ 724.08M
$ 8.83M
20
Jupiter
Jupiter
JUP
$ 0.212
+1.81%
-1.61%
-1.25%
$ 708.55M
$ 1.08M
21
PancakeSwap
PancakeSwap
CAKE
$ 1.357
+0.30%
+2.73%
+0.37%
$ 477.13M
$ 361.77K
22
Injective
Injective
INJ
$ 4.625
+0.68%
-2.33%
-4.18%
$ 460.77M
$ 202.34K
23
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.474
+1.01%
+3.15%
-16.00%
$ 456.02M
$ 903.61K
24
Lighter
Lighter
LIT
$ 1.7454
+0.13%
-0.33%
+7.11%
$ 435.95M
$ 64.08K
25
JITO
JITO
JTO
$ 0.8438
+0.37%
+4.12%
+26.60%
$ 401.59M
$ 231.73K
26
SEI
SEI
SEI
$ 0.05008
+0.67%
-1.53%
-8.26%
$ 358.15M
$ 1.88M
27
TIA
TIA
TIA
$ 0.384
+1.82%
+3.94%
-3.26%
$ 354.45M
$ 1.75M
28
Terra Classic
Terra Classic
LUNC
$ 0.00006272
+0.66%
+2.43%
-6.08%
$ 342.49M
$ 2.01B
29
SUN
SUN
SUN
$ 0.016777
+0.13%
-0.18%
-3.54%
$ 323.18M
$ 8.65M
30
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.3444
+2.32%
-0.95%
-0.43%
$ 303.39M
$ 2.88M
31
Staked USDai
Staked USDai
SUSDAI
$ 1.092
0.00%
-0.00%
0.00%
$ 297.50M
$ 1.67M
32
tBTC
tBTC
TBTC
$ 59,948
+0.52%
-0.61%
-5.82%
$ 296.97M
$ 1.64M
33
Curve
Curve
CRV
$ 0.1912
+1.21%
+0.10%
-9.14%
$ 291.06M
$ 1.26M
34
Gnosis
Gnosis
GNO
$ 108.4
+0.79%
+2.59%
+1.02%
$ 285.81M
$ 547.46
35
ETHGAS
ETHGAS
GWEI
$ 0.16007
-0.01%
+19.82%
+34.16%
$ 282.35M
$ 2.24M
36
Pyth Network
Pyth Network
PYTH
$ 0.03573
+2.22%
+4.60%
-5.06%
$ 279.48M
$ 4.98M
37
Olympus
Olympus
OHM
$ 15.93
+0.63%
+1.15%
+0.82%
$ 237.93M
$ 147.86K
38
Zebec Network
Zebec Network
ZBCN
$ 0.0023076
+0.99%
-0.84%
-3.80%
$ 232.35M
$ 80.74M
39
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 1,680.85
0.00%
0.00%
-8.26%
$ 227.06M
$ 18.36
40
Telcoin
Telcoin
TEL
$ 0.002295
+0.66%
-2.26%
-12.97%
$ 220.39M
$ 41.01M
41
B
B
B
$ 0.21886
+1.22%
-4.56%
-9.93%
$ 218.98M
$ 470.09K
42
Pendle
Pendle
PENDLE
$ 1.285
+1.51%
+3.23%
-6.58%
$ 218.20M
$ 212.60K
43
Lido DAO
Lido DAO
LDO
$ 0.2488
+0.93%
+0.97%
-7.23%
$ 209.95M
$ 360.65K
44
Staked Aave
Staked Aave
STKAAVE
$ 93.56
+2.93%
-2.19%
+25.11%
$ 202.43M
$ 33.89K
45
Falcon Finance
Falcon Finance
FF
$ 0.06651
0.00%
-1.28%
-2.51%
$ 190.99M
$ 857.47K
46
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 101.29
+1.42%
+1.87%
+2.33%
$ 181.87M
$ 1.09M
47
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.11
0.00%
+0.05%
0.00%
$ 180.53M
$ 84.25K
48
Plasma
Plasma
XPL
$ 0.096
-0.66%
-6.13%
+11.12%
$ 171.77M
$ 4.30M
49
crvUSD
crvUSD
CRVUSD
$ 0.998488
-0.01%
-0.01%
-0.05%
$ 170.96M
$ 4.41M
50
Raydium
Raydium
RAY
$ 0.6249
+1.58%
+1.85%
+0.37%
$ 167.60M
$ 94.81K

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.