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
51
Convex Finance
Convex Finance
CVX
$ 1.57
+0.06%
+5.44%
+22.29%
$ 153.95M
$ 47.71K
52
Lido Earn ETH
Lido Earn ETH
EARNETH
$ 1,937.56
-0.02%
-0.00%
+3.42%
$ 148.32M
--
53
THORChain
THORChain
RUNE
$ 0.433
-0.05%
-3.87%
-1.23%
$ 146.35M
$ 488.92K
54
Spiko Amundi Overnight Swap Fund
Spiko Amundi Overnight Swap Fund
SAFO
$ 1.017
0.00%
0.00%
+0.10%
$ 144.28M
--
55
BUILDon
BUILDon
B
$ 0.14279
-0.88%
-12.15%
-14.10%
$ 143.28M
$ 790.62K
56
Plasma
Plasma
XPL
$ 0.07653
+0.04%
+1.09%
+1.81%
$ 137.38M
$ 1.91M
57
Vision
Vision
VSN
$ 0.03699
-0.27%
-0.13%
+2.57%
$ 134.93M
$ 1.51M
58
SoSoValue
SoSoValue
SOSO
$ 0.3602
+0.06%
-0.93%
+9.54%
$ 123.36M
$ 278.12K
59
1INCH
1INCH
1INCH
$ 0.08428
-0.14%
-0.15%
+4.30%
$ 118.75M
$ 690.90K
60
Frax Ether
Frax Ether
FRXETH
$ 1,902.54
-0.45%
-0.00%
+3.49%
$ 118.13M
$ 64.08K
61
Coinbase Wrapped XRP
Coinbase Wrapped XRP
CBXRP
$ 1.036
-0.19%
+0.00%
-3.00%
$ 115.37M
$ 561.98K
62
AWE Network
AWE Network
AWE
$ 0.05885
+0.43%
+1.44%
+2.15%
$ 114.60M
$ 958.67K
63
syrupUSDG
syrupUSDG
SYRUPUSDG
$ 1.006
0.00%
0.00%
0.00%
$ 111.07M
$ 12.72K
64
Talus
Talus
US
$ 0.04996
-2.91%
+9.73%
-1.42%
$ 108.64M
$ 3.10M
65
RealLink
RealLink
REAL
$ 0.07594
-0.03%
-0.64%
+4.91%
$ 104.30M
$ 2.45M
66
Ethena Staked ENA
Ethena Staked ENA
SENA
$ 0.090198
-0.51%
-0.03%
+0.44%
$ 101.26M
$ 45.56K
67
Instadapp
Instadapp
FLUID
$ 1.2341
0.00%
+0.79%
+3.73%
$ 97.12M
$ 574.53
68
dYdX
dYdX
DYDX
$ 0.11472
0.00%
+0.43%
+1.80%
$ 96.38M
$ 546.42K
69
Bybit Staked SOL
Bybit Staked SOL
BBSOL
$ 88.23
-0.01%
+0.02%
+4.70%
$ 93.30M
$ 72.33K
70
DeepBook
DeepBook
DEEP
$ 0.017557
-0.83%
+8.69%
+13.72%
$ 93.21M
$ 10.13M
71
Stargate Finance
Stargate Finance
STG
$ 0.1383
+1.80%
-1.52%
+16.75%
$ 89.82M
$ 509.35K
72
Nexus Mutual
Nexus Mutual
NXM
$ 51.0
-0.02%
-0.00%
+2.82%
$ 86.61M
--
73
Kamino
Kamino
KMNO
$ 0.01766
-0.45%
-4.01%
-1.94%
$ 85.80M
$ 3.94M
74
Staked Frax Ether
Staked Frax Ether
SFRXETH
$ 2,224.25
-0.02%
0.00%
+3.55%
$ 82.50M
$ 135.29
75
Reserve Rights
Reserve Rights
RSR
$ 0.001262
-0.47%
+3.11%
+0.88%
$ 78.82M
$ 59.70M
76
Steakhouse USDC Morpho Vault
Steakhouse USDC Morpho Vault
STEAKUSDC
$ 1.13
0.00%
0.00%
0.00%
$ 75.89M
--
77
Horizen
Horizen
ZEN
$ 4.166
-0.29%
+2.39%
+1.61%
$ 75.19M
$ 15.53K
78
Lista USD
Lista USD
LISUSD
$ 0.997194
0.00%
0.00%
+0.05%
$ 74.93M
$ 5.25K
79
YearnFinance
YearnFinance
YFI
$ 2,071.1
-0.07%
+0.39%
-1.32%
$ 74.39M
$ 27.71
80
SNX
SNX
SNX
$ 0.2147
+0.28%
+1.71%
-0.37%
$ 73.69M
$ 306.71K
81
Origin Ether
Origin Ether
OETH
$ 1,912.09
+0.01%
-0.00%
+4.11%
$ 71.12M
$ 100.83K
82
Derive
Derive
DRV
$ 0.096
-0.01%
-1.03%
+0.25%
$ 70.80M
$ 554.40K
83
0x
0x
ZRX
$ 0.083
-0.12%
+1.27%
+4.67%
$ 70.29M
$ 685.00K
84
Huma Finance
Huma Finance
HUMA
$ 0.02171
-1.24%
+1.03%
+10.52%
$ 67.47M
$ 2.54M
85
GMX
GMX
GMX
$ 6.465
-0.12%
-1.30%
+5.18%
$ 67.24M
$ 8.36K
86
Orca
Orca
ORCA
$ 1.0739
-0.17%
+0.92%
-0.02%
$ 65.58M
$ 56.33K
87
Numeraire
Numeraire
NMR
$ 8.586
+0.12%
+2.00%
+0.90%
$ 64.63M
$ 6.79K
88
CyberDEX
CyberDEX
CYDX
$ 0.182307
0.00%
0.00%
+0.09%
$ 63.33M
$ 3.62K
89
CoW Protocol
CoW Protocol
COW
$ 0.1077
-0.19%
+1.70%
-4.18%
$ 62.42M
$ 510.99K
90
VELO
VELO
VELO
$ 0.003389
+0.77%
+0.83%
-1.37%
$ 59.42M
$ 3.67M
91
Turbo
Turbo
TURBO
$ 0.0008486
-0.96%
+2.53%
+7.91%
$ 58.26M
$ 114.13M
92
Brazilian Digital
Brazilian Digital
BRZ
$ 0.195047
0.00%
0.00%
-0.20%
$ 56.59M
$ 690.04
93
Quantix Finance
Quantix Finance
QFI
$ 55.391
0.00%
-0.41%
-5.40%
$ 55.39M
$ 3.85K
94
Savings xDAI
Savings xDAI
SDAI
$ 1.25
0.00%
-0.00%
0.00%
$ 54.66M
$ 807.37
95
Bedrock BTC
Bedrock BTC
BRBTC
$ 62,482
0.00%
--
-12.45%
$ 50.03M
$ 127.66
96
Treehouse ETH
Treehouse ETH
TETH
$ 2,388.64
+0.08%
0.00%
+3.53%
$ 49.65M
$ 730.70
97
FLOW
FLOW
FLOW
$ 0.02932
-0.24%
+4.54%
+6.68%
$ 48.74M
$ 2.21M
98
Babylon
Babylon
BABY
$ 0.01292
-0.31%
+8.40%
+18.02%
$ 47.35M
$ 7.66M
99
SUSHI
SUSHI
SUSHI
$ 0.1645
-0.54%
-1.14%
+7.08%
$ 47.27M
$ 327.60K
100
Hydration
Hydration
HDX
$ 0.00798577
+0.04%
+0.03%
+3.15%
$ 47.26M
$ 28.95K

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.