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Top Decentralized Finance (DeFi) Tokens by Market Capitalization

Decentralized Finance (DeFi) protocols utilize 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 centralized 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
$ 1,923.42
-0.08%
-0.03%
+3.04%
$ 17.30B
$ 29.50
2
Hyperliquid
Hyperliquid
HYPE
$ 54.86
+0.49%
-0.18%
+0.71%
$ 13.93B
$ 8.81K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,388.12
-0.06%
+0.00%
+3.36%
$ 8.85B
$ 1.45M
4
Chainlink
Chainlink
LINK
$ 8.339
+0.05%
-0.14%
+1.19%
$ 5.48B
$ 39.43K
5
UNISWAP
UNISWAP
UNI
$ 4.041
+0.44%
+1.68%
+3.20%
$ 2.53B
$ 61.09K
6
Ondo
Ondo
ONDO
$ 0.35358
+0.26%
-0.78%
-6.16%
$ 1.72B
$ 1.02M
7
Aster
Aster
ASTER
$ 0.6034
+0.20%
-0.97%
-0.03%
$ 1.63B
$ 576.04K
8
AaveToken
AaveToken
AAVE
$ 91.51
-0.09%
+0.12%
-1.85%
$ 1.41B
$ 1.09K
9
Sky Protocol
Sky Protocol
SKY
$ 0.05438
+0.35%
-0.02%
-2.94%
$ 1.27B
$ 975.72K
10
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
0.00%
0.00%
$ 1.09B
$ 898.72K
11
MORPHO
MORPHO
MORPHO
$ 1.9167
-0.10%
-0.60%
-0.63%
$ 965.73M
$ 30.88K
12
JUST
JUST
JST
$ 0.10311
+0.05%
+1.91%
-1.93%
$ 883.00M
$ 660.35K
13
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.07748
+0.05%
+2.23%
+6.32%
$ 824.87M
$ 1.50M
14
Ethena
Ethena
ENA
$ 0.08749
+0.16%
-3.26%
-4.78%
$ 816.08M
$ 2.94M
15
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.69
+0.27%
+0.01%
+2.79%
$ 807.37M
$ 1.66M
16
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 86.94
-0.06%
+0.01%
+5.17%
$ 787.69M
$ 387.99K
17
Jupiter
Jupiter
JUP
$ 0.1864
+0.21%
+0.86%
-3.17%
$ 619.57M
$ 966.76K
18
Lighter
Lighter
LIT
$ 2.3367
-0.83%
+2.85%
+13.78%
$ 585.65M
$ 136.95K
19
PancakeSwap
PancakeSwap
CAKE
$ 1.448
+0.14%
+0.97%
+1.18%
$ 511.61M
$ 199.56K
20
Injective
Injective
INJ
$ 4.44
-0.43%
+0.36%
-10.89%
$ 444.17M
$ 156.76K
21
Bitway
Bitway
BTW
$ 0.202652
-3.34%
+5.62%
+86.37%
$ 434.61M
$ 10.52M
22
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.4243
-0.21%
-3.06%
+5.63%
$ 404.10M
$ 145.75K
23
Curve
Curve
CRV
$ 0.2412
-0.33%
+6.51%
+17.41%
$ 367.20M
$ 2.62M
24
Staked USDai
Staked USDai
SUSDAI
$ 1.1
0.00%
0.00%
0.00%
$ 353.82M
$ 411.66K
25
SUN
SUN
SUN
$ 0.018026
+0.07%
+0.29%
+0.21%
$ 346.68M
$ 3.87M
26
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.3917
-0.48%
+1.90%
-1.85%
$ 345.31M
$ 1.84M
27
Pyth Network
Pyth Network
PYTH
$ 0.04204
+0.67%
+7.03%
+7.22%
$ 333.35M
$ 11.38M
28
tBTC
tBTC
TBTC
$ 65,124
+0.01%
+0.00%
+2.07%
$ 308.18M
$ 10.17M
29
TIA
TIA
TIA
$ 0.3294
+0.21%
+0.21%
-3.08%
$ 303.67M
$ 589.25K
30
SEI
SEI
SEI
$ 0.04178
+0.02%
-0.12%
+0.67%
$ 301.49M
$ 1.13M
31
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,046.87
-0.06%
+0.00%
+2.79%
$ 290.98M
$ 74.24K
32
Gnosis
Gnosis
GNO
$ 106.48
0.00%
-0.18%
+1.99%
$ 281.06M
$ 542.05
33
Olympus
Olympus
OHM
$ 18.78
+0.16%
-0.01%
+0.21%
$ 280.58M
$ 157.67K
34
Terra Classic
Terra Classic
LUNC
$ 0.00005015
+0.08%
+2.03%
+0.16%
$ 277.17M
$ 2.09B
35
JITO
JITO
JTO
$ 0.5191
+0.56%
+3.58%
+4.27%
$ 251.67M
$ 135.27K
36
Lido DAO
Lido DAO
LDO
$ 0.2901
0.00%
-0.51%
-10.26%
$ 245.60M
$ 305.28K
37
Pendle
Pendle
PENDLE
$ 1.388
-0.36%
-1.98%
+0.36%
$ 237.34M
$ 124.43K
38
Staked Aave
Staked Aave
STKAAVE
$ 90.97
-0.18%
+0.00%
-2.15%
$ 222.87M
$ 2.63K
39
crvUSD
crvUSD
CRVUSD
$ 0.998902
-0.03%
0.00%
-0.02%
$ 213.41M
$ 995.41K
40
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.12
0.00%
0.00%
0.00%
$ 211.00M
$ 45.08K
41
Velvet
Velvet
VELVET
$ 0.45764
+0.42%
-2.45%
+9.61%
$ 191.88M
$ 351.63K
42
Maple Finance
Maple Finance
SYRUP
$ 0.1549
+0.50%
+2.45%
-1.60%
$ 183.49M
$ 400.57K
43
DEXE
DEXE
DEXE
$ 2.174
-0.32%
-3.57%
-1.93%
$ 183.38M
$ 202.83K
44
Falcon Finance
Falcon Finance
FF
$ 0.06381
-0.59%
-1.06%
+1.76%
$ 183.20M
$ 1.10M
45
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 107.68
0.00%
+0.01%
+4.74%
$ 182.10M
$ 243.55K
46
Zebec Network
Zebec Network
ZBCN
$ 0.0017596
-0.77%
-0.04%
-2.96%
$ 176.18M
$ 94.73M
47
Raydium
Raydium
RAY
$ 0.6476
+0.33%
+0.65%
+6.44%
$ 174.41M
$ 91.95K
48
Compound
Compound
COMP
$ 16.7
+0.06%
-0.77%
+1.40%
$ 167.00M
$ 3.25K
49
Convex Finance
Convex Finance
CVX
$ 1.629
+0.72%
+10.59%
+25.90%
$ 165.04M
$ 57.76K
50
MIOTAC
MIOTAC
IOTA
$ 0.03574
-0.33%
-0.33%
+4.69%
$ 160.43M
$ 1.81M

Frequently Asked Questions

What does Decentralized Finance (DeFi) mean in the Web3 ecosystem?
Decentralized Finance (DeFi) represents a financial system built entirely on blockchain networks. DeFi utilizes smart contracts to offer lending, borrowing, and trading services without relying on centralized 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 Decentralized 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 decentralized 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.