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
Hyperliquid
Hyperliquid
HYPE
$ 61.35
-0.23%
-4.00%
-12.77%
$ 15.27B
$ 39.33K
2
Lido Staked ETH
Lido Staked ETH
STETH
$ 1,607.05
-0.59%
-5.63%
-8.32%
$ 14.10B
$ 40.80
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 1,946.48
+0.37%
-4.94%
-7.98%
$ 7.12B
$ 14.19M
4
LAB
LAB
LAB
$ 16.7969
-1.50%
+5.02%
-9.87%
$ 4.89B
$ 108.77K
5
Chainlink
Chainlink
LINK
$ 7.353
-0.28%
-5.21%
-9.94%
$ 4.73B
$ 358.74K
6
DEXE
DEXE
DEXE
$ 22.474
+0.17%
-4.01%
+44.95%
$ 1.87B
$ 9.21K
7
UNISWAP
UNISWAP
UNI
$ 2.86
-0.47%
-4.56%
-8.61%
$ 1.73B
$ 62.30K
8
Aster
Aster
ASTER
$ 0.6005
-0.07%
-4.22%
-5.36%
$ 1.63B
$ 3.06M
9
Ondo
Ondo
ONDO
$ 0.30651
-0.97%
-4.50%
-16.78%
$ 1.46B
$ 1.68M
10
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.17
0.00%
-0.00%
0.00%
$ 1.29B
$ 1.31M
11
Sky Protocol
Sky Protocol
SKY
$ 0.05292
-0.59%
-6.16%
-8.96%
$ 1.22B
$ 1.06M
12
AaveToken
AaveToken
AAVE
$ 75.6
-0.65%
+3.07%
+0.08%
$ 1.15B
$ 7.63K
13
MORPHO
MORPHO
MORPHO
$ 1.7356
-0.62%
+3.63%
-12.33%
$ 856.60M
$ 56.78K
14
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.07271
-1.13%
-8.13%
-8.85%
$ 762.71M
$ 3.09M
15
Ethena
Ethena
ENA
$ 0.08302
-0.22%
-6.60%
-14.27%
$ 750.94M
$ 12.69M
16
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.28
0.00%
-2.83%
-4.09%
$ 744.69M
$ 4.43M
17
JUST
JUST
JST
$ 0.081
+0.26%
-3.09%
-0.65%
$ 692.13M
$ 745.21K
18
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 73.49
-0.45%
-4.03%
-5.64%
$ 682.00M
$ 1.18M
19
Jupiter
Jupiter
JUP
$ 0.2123
-0.34%
+1.09%
+6.45%
$ 679.34M
$ 1.72M
20
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.4976
-2.06%
-5.18%
+6.67%
$ 453.83M
$ 536.47K
21
PancakeSwap
PancakeSwap
CAKE
$ 1.302
-0.16%
-4.06%
-3.77%
$ 448.98M
$ 619.49K
22
Injective
Injective
INJ
$ 4.304
-0.80%
-7.95%
-20.30%
$ 423.48M
$ 396.69K
23
SEI
SEI
SEI
$ 0.05405
+1.29%
+2.61%
-3.17%
$ 386.37M
$ 2.62M
24
Lighter
Lighter
LIT
$ 1.6066
+0.27%
-1.25%
-6.94%
$ 378.45M
$ 123.57K
25
SUN
SUN
SUN
$ 0.017027
-0.26%
-1.44%
-0.01%
$ 327.14M
$ 8.88M
26
Terra Classic
Terra Classic
LUNC
$ 0.00006017
-0.66%
-7.85%
-16.36%
$ 325.17M
$ 5.58B
27
TIA
TIA
TIA
$ 0.3577
-0.94%
-9.83%
-11.90%
$ 318.85M
$ 2.00M
28
JITO
JITO
JTO
$ 0.653
-0.75%
-4.13%
-15.00%
$ 305.94M
$ 300.56K
29
Staked USDai
Staked USDai
SUSDAI
$ 1.091
0.00%
-0.01%
0.00%
$ 295.97M
$ 1.08M
30
tBTC
tBTC
TBTC
$ 59,595
+0.35%
-4.25%
-5.46%
$ 295.94M
$ 10.86M
31
Curve
Curve
CRV
$ 0.1944
-0.10%
-7.74%
-15.61%
$ 289.39M
$ 2.80M
32
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.3379
-0.40%
-5.22%
-10.38%
$ 287.54M
$ 7.08M
33
Gnosis
Gnosis
GNO
$ 104.32
+0.03%
-2.11%
-1.31%
$ 274.22M
$ 542.55
34
Pyth Network
Pyth Network
PYTH
$ 0.03408
-0.09%
-6.76%
-10.47%
$ 261.92M
$ 8.39M
35
Olympus
Olympus
OHM
$ 15.82
+0.06%
-0.90%
-0.88%
$ 236.45M
$ 9.18K
36
Zebec Network
Zebec Network
ZBCN
$ 0.0023598
-0.46%
-3.09%
-9.64%
$ 231.67M
$ 44.64M
37
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 1,677.06
+0.22%
-3.20%
-7.82%
$ 226.31M
$ 6.91K
38
Telcoin
Telcoin
TEL
$ 0.002371
-0.85%
-5.87%
-1.97%
$ 225.01M
$ 53.99M
39
B
B
B
$ 0.22315
+0.38%
-0.16%
-0.26%
$ 221.80M
$ 362.99K
40
ETHGAS
ETHGAS
GWEI
$ 0.12322
+1.37%
+3.27%
+20.53%
$ 215.58M
$ 178.31K
41
Pendle
Pendle
PENDLE
$ 1.247
-0.82%
-7.13%
-13.93%
$ 206.93M
$ 354.84K
42
Lido DAO
Lido DAO
LDO
$ 0.2529
-0.85%
-5.43%
-11.38%
$ 206.83M
$ 792.95K
43
Velvet
Velvet
VELVET
$ 0.48665
-0.59%
+4.42%
-3.66%
$ 202.79M
$ 2.14M
44
Falcon Finance
Falcon Finance
FF
$ 0.0676
+0.12%
-0.73%
-9.06%
$ 191.82M
$ 1.06M
45
Bitway
Bitway
BTW
$ 0.090567
+7.40%
-12.74%
+77.60%
$ 190.66M
$ 22.42M
46
MIOTAC
MIOTAC
IOTA
$ 0.04025
-1.12%
-5.15%
-14.87%
$ 177.89M
$ 1.78M
47
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.11
0.00%
-0.01%
0.00%
$ 177.27M
$ 316.78K
48
crvUSD
crvUSD
CRVUSD
$ 0.998486
+0.02%
-0.05%
-0.04%
$ 174.91M
$ 20.81M
49
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 91.31
-0.02%
-4.12%
-5.51%
$ 164.35M
$ 472.23K
50
Compound
Compound
COMP
$ 16.65
-0.79%
-3.93%
-6.29%
$ 163.58M
$ 3.68K

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.