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
$ 1,891.83
+0.17%
-0.01%
-1.73%
$ 16.99B
$ 29.32
2
Hyperliquid
Hyperliquid
HYPE
$ 57.81
+0.19%
+3.28%
+2.89%
$ 14.62B
$ 14.40K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,344.85
+0.13%
-0.00%
-1.48%
$ 8.72B
$ 15.74M
4
Chainlink
Chainlink
LINK
$ 8.81
+0.40%
+0.94%
+6.42%
$ 5.78B
$ 45.73K
5
UNISWAP
UNISWAP
UNI
$ 3.482
+0.03%
-0.29%
-12.81%
$ 2.17B
$ 133.76K
6
Aster
Aster
ASTER
$ 0.6055
+0.20%
+0.78%
+1.00%
$ 1.64B
$ 274.59K
7
Ondo
Ondo
ONDO
$ 0.33553
-0.03%
+0.32%
-5.43%
$ 1.63B
$ 769.19K
8
AaveToken
AaveToken
AAVE
$ 88.02
-0.28%
-0.05%
-1.39%
$ 1.36B
$ 1.08K
9
Sky Protocol
Sky Protocol
SKY
$ 0.05298
+0.04%
-0.45%
-3.27%
$ 1.23B
$ 1.04M
10
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
0.00%
0.00%
$ 1.06B
$ 3.96M
11
MORPHO
MORPHO
MORPHO
$ 1.9557
-0.31%
-0.30%
+4.16%
$ 980.10M
$ 37.78K
12
JUST
JUST
JST
$ 0.10399
-0.08%
+1.27%
-1.84%
$ 886.24M
$ 545.93K
13
Ethena
Ethena
ENA
$ 0.08625
+0.01%
-3.05%
-9.60%
$ 800.10M
$ 2.31M
14
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.07395
-0.04%
+0.14%
-1.69%
$ 788.83M
$ 2.35M
15
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 85.62
+0.23%
-0.00%
+3.07%
$ 780.59M
$ 303.04K
16
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.63
0.00%
-0.00%
+0.83%
$ 778.87M
$ 2.14M
17
Lighter
Lighter
LIT
$ 2.3611
+0.28%
+5.78%
-4.20%
$ 593.15M
$ 310.64K
18
Bitway
Bitway
BTW
$ 0.26147
+1.15%
+25.79%
+32.70%
$ 577.44M
$ 7.27M
19
Jupiter
Jupiter
JUP
$ 0.1706
+0.12%
-0.82%
-7.75%
$ 564.79M
$ 766.58K
20
PancakeSwap
PancakeSwap
CAKE
$ 1.447
-0.07%
-0.14%
+2.77%
$ 508.79M
$ 183.64K
21
Injective
Injective
INJ
$ 4.615
+0.07%
+1.48%
+1.70%
$ 459.37M
$ 173.17K
22
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.4116
+0.15%
-1.21%
-6.95%
$ 390.39M
$ 595.36K
23
Curve
Curve
CRV
$ 0.2527
+0.91%
-5.36%
+18.39%
$ 385.70M
$ 4.25M
24
Staked USDai
Staked USDai
SUSDAI
$ 1.1
0.00%
0.00%
0.00%
$ 354.43M
$ 2.09M
25
SUN
SUN
SUN
$ 0.018188
-0.17%
-0.38%
+1.10%
$ 349.72M
$ 4.14M
26
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.3899
-0.40%
-0.32%
-0.87%
$ 332.54M
$ 3.58M
27
Pyth Network
Pyth Network
PYTH
$ 0.03997
-0.20%
-0.89%
+3.71%
$ 315.08M
$ 5.67M
28
SEI
SEI
SEI
$ 0.04146
-0.17%
+2.81%
+0.56%
$ 298.24M
$ 1.40M
29
Velvet
Velvet
VELVET
$ 0.70591
+0.94%
+6.04%
+46.81%
$ 298.01M
$ 1.60M
30
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,010.39
+0.10%
-0.01%
-1.61%
$ 285.90M
$ 10.51K
31
tBTC
tBTC
TBTC
$ 63,623
+0.10%
-0.00%
-2.26%
$ 285.81M
$ 8.11M
32
TIA
TIA
TIA
$ 0.3095
-0.48%
+0.59%
-5.77%
$ 284.17M
$ 1.30M
33
Olympus
Olympus
OHM
$ 18.81
+0.37%
+0.00%
+0.64%
$ 281.14M
$ 96.05K
34
Gnosis
Gnosis
GNO
$ 104.31
-0.01%
-0.96%
-2.92%
$ 274.80M
$ 570.39
35
Terra Classic
Terra Classic
LUNC
$ 0.00004941
+0.04%
-1.70%
+0.51%
$ 271.60M
$ 2.42B
36
JITO
JITO
JTO
$ 0.5522
-0.85%
-2.02%
+11.47%
$ 265.34M
$ 131.24K
37
Lido DAO
Lido DAO
LDO
$ 0.2972
+1.19%
+2.17%
+3.52%
$ 250.41M
$ 328.04K
38
Pendle
Pendle
PENDLE
$ 1.35
-0.22%
+2.20%
-0.96%
$ 230.34M
$ 135.68K
39
Staked Aave
Staked Aave
STKAAVE
$ 87.95
-0.25%
-0.01%
-1.18%
$ 215.55M
$ 1.38K
40
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.12
0.00%
0.00%
0.00%
$ 214.39M
$ 33.35K
41
crvUSD
crvUSD
CRVUSD
$ 0.998321
-0.04%
0.00%
-0.02%
$ 214.11M
$ 4.46M
42
Falcon Finance
Falcon Finance
FF
$ 0.06527
-0.31%
+0.57%
+0.59%
$ 187.05M
$ 870.12K
43
Maple Finance
Maple Finance
SYRUP
$ 0.15495
+2.13%
+3.66%
+1.07%
$ 184.14M
$ 424.56K
44
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 106.24
+0.38%
-0.00%
+3.31%
$ 179.42M
$ 240.62K
45
DEXE
DEXE
DEXE
$ 2.014
+0.25%
+5.42%
-8.50%
$ 169.48M
$ 82.39K
46
Raydium
Raydium
RAY
$ 0.6334
+0.14%
-0.55%
+1.12%
$ 169.43M
$ 94.75K
47
Convex Finance
Convex Finance
CVX
$ 1.713
+0.29%
-3.61%
+12.57%
$ 167.88M
$ 61.25K
48
Lido Earn ETH
Lido Earn ETH
EARNETH
$ 1,910.48
-0.07%
-0.00%
-1.35%
$ 163.68M
--
49
Compound
Compound
COMP
$ 16.15
-0.12%
+0.06%
-0.73%
$ 162.10M
$ 3.52K
50
Zebec Network
Zebec Network
ZBCN
$ 0.0016087
+1.00%
+0.52%
-9.22%
$ 160.83M
$ 121.19M

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.