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
THORChain
THORChain
RUNE
$ 0.5918
+0.10%
-0.46%
+5.49%
$ 207.26M
$ 505.10K
52
Staked Aave
Staked Aave
STKAAVE
$ 95.6
+0.58%
-2.59%
+3.87%
$ 190.25M
$ 1.48K
53
Plasma
Plasma
XPL
$ 0.10335
+0.26%
-5.49%
-2.38%
$ 185.17M
$ 3.18M
54
DeepBook
DeepBook
DEEP
$ 0.03454
-0.04%
-8.38%
+10.09%
$ 178.81M
$ 5.63M
55
Vision
Vision
VSN
$ 0.04786
+0.06%
-0.83%
-0.27%
$ 173.04M
$ 1.31M
56
Convex Finance
Convex Finance
CVX
$ 1.761
+0.17%
-0.68%
-0.06%
$ 171.28M
$ 29.41K
57
Stargate Finance
Stargate Finance
STG
$ 0.2535
-0.16%
+0.27%
+6.78%
$ 169.73M
$ 247.24K
58
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.1
0.00%
+0.03%
0.00%
$ 159.57M
$ 29.64K
59
Frax Ether
Frax Ether
FRXETH
$ 2,319.18
+0.02%
+0.61%
+1.89%
$ 159.15M
$ 422.71K
60
Gauntlet USDC Prime Morpho Vault
Gauntlet USDC Prime Morpho Vault
GTUSDC
$ 1.12
0.00%
+0.01%
+0.90%
$ 151.05M
$ 261.95
61
Falcon Finance
Falcon Finance
FF
$ 0.06429
+0.03%
-2.09%
-2.50%
$ 150.37M
$ 904.95K
62
dYdX
dYdX
DYDX
$ 0.17364
+0.49%
-1.60%
+4.46%
$ 145.80M
$ 1.98M
63
1INCH
1INCH
1INCH
$ 0.10351
+0.77%
+2.64%
+5.23%
$ 145.23M
$ 797.11K
64
Ethena Staked ENA
Ethena Staked ENA
SENA
$ 0.131174
+1.08%
-2.43%
+9.00%
$ 142.54M
$ 240.65K
65
Instadapp
Instadapp
FLUID
$ 1.7941
0.00%
-0.18%
+4.01%
$ 139.84M
$ 1.23K
66
Whiterock
Whiterock
WHITE
$ 0.00020396
+1.23%
-3.28%
-3.89%
$ 132.30M
$ 286.29M
67
Steakhouse USDC Morpho Vault
Steakhouse USDC Morpho Vault
STEAKUSDC
$ 1.13
0.00%
+0.01%
0.00%
$ 130.86M
$ 0.14
68
Horizen
Horizen
ZEN
$ 7.122
+1.11%
-3.07%
-2.35%
$ 128.25M
$ 35.67K
69
Reserve Rights
Reserve Rights
RSR
$ 0.002046
+0.25%
-4.54%
-0.10%
$ 127.67M
$ 41.60M
70
SNX
SNX
SNX
$ 0.3603
+0.28%
-0.55%
+8.00%
$ 123.78M
$ 177.13K
71
SoSoValue
SoSoValue
SOSO
$ 0.3964
+0.03%
-3.65%
-0.08%
$ 123.62M
$ 333.11K
72
Bybit Staked SOL
Bybit Staked SOL
BBSOL
$ 107.45
+0.12%
+0.06%
+5.89%
$ 120.02M
$ 1.88M
73
ULTIMA
ULTIMA
ULTIMA
$ 3,131.03
-0.37%
-2.27%
+2.97%
$ 117.18M
$ 143.55
74
Staked Frax Ether
Staked Frax Ether
SFRXETH
$ 2,689.75
+0.02%
+0.84%
+1.92%
$ 113.45M
$ 708.34
75
Kamino
Kamino
KMNO
$ 0.02478
-0.12%
-1.94%
+9.21%
$ 113.19M
$ 2.93M
76
Block Street
Block Street
BSB
$ 0.54916
-2.94%
-3.48%
+16.45%
$ 112.92M
$ 2.29M
77
AWE Network
AWE Network
AWE
$ 0.05557
+4.35%
+2.81%
+0.80%
$ 109.49M
$ 1.03M
78
RealLink
RealLink
REAL
$ 0.07916
+0.13%
+0.47%
-1.59%
$ 108.71M
$ 1.21M
79
Nexus Mutual
Nexus Mutual
NXM
$ 59.82
+0.02%
+0.66%
+2.33%
$ 104.91M
--
80
CoW Protocol
CoW Protocol
COW
$ 0.1891
0.00%
+0.80%
+4.49%
$ 104.91M
$ 396.52K
81
BERA
BERA
BERA
$ 0.4003
+0.61%
-1.87%
+1.87%
$ 103.38M
$ 198.93K
82
0x
0x
ZRX
$ 0.12148
+0.18%
+0.11%
+4.85%
$ 102.80M
$ 508.57K
83
Spark
Spark
SPK
$ 0.03779
-0.79%
-2.13%
+6.70%
$ 102.01M
$ 1.65M
84
Orca
Orca
ORCA
$ 1.6516
+0.66%
+2.94%
+4.23%
$ 100.56M
$ 132.16K
85
Coinbase Wrapped XRP
Coinbase Wrapped XRP
CBXRP
$ 1.42
0.00%
-0.44%
+2.16%
$ 100.38M
$ 839.14K
86
YearnFinance
YearnFinance
YFI
$ 2,746.7
+0.31%
-0.92%
-0.21%
$ 97.84M
$ 23.05
87
Origin Ether
Origin Ether
OETH
$ 2,327.53
0.00%
+0.64%
+2.05%
$ 97.11M
$ 38.11K
88
Everything
Everything
EV
$ 0.00096421
-0.15%
+0.90%
+0.48%
$ 96.30M
$ 70.37K
89
Treehouse ETH
Treehouse ETH
TETH
$ 2,886.74
+0.35%
+0.67%
+1.85%
$ 94.50M
$ 120.22K
90
Turbo
Turbo
TURBO
$ 0.0013414
+0.10%
-1.31%
+1.44%
$ 92.19M
$ 90.27M
91
Derive
Derive
DRV
$ 0.089091
-0.09%
+0.74%
-2.10%
$ 89.08M
$ 75.88K
92
XDAI
XDAI
XDAI
$ 0.999967
0.00%
+0.01%
0.00%
$ 83.84M
--
93
GMX
GMX
GMX
$ 7.715
+1.95%
+2.83%
+6.40%
$ 80.93M
$ 7.63K
94
Fogo
Fogo
FOGO
$ 0.02107
+0.71%
-1.95%
+6.61%
$ 80.71M
$ 2.66M
95
Amp
Amp
AMP
$ 0.0009195
-0.14%
+0.07%
+3.01%
$ 79.77M
$ 96.52M
96
MYX Finance
MYX Finance
MYX
$ 0.26434
+0.41%
-4.39%
+5.93%
$ 78.52M
$ 1.42M
97
Savings xDAI
Savings xDAI
SDAI
$ 1.24
0.00%
-0.18%
0.00%
$ 77.18M
$ 939.95K
98
Lista USD
Lista USD
LISUSD
$ 0.998725
0.00%
-0.00%
-0.01%
$ 76.21M
$ 40.08K
99
SUSHI
SUSHI
SUSHI
$ 0.2523
+0.84%
+1.45%
+7.90%
$ 72.05M
$ 462.81K
100
Threshold
Threshold
T
$ 0.006323
+0.18%
+0.49%
+2.54%
$ 70.23M
$ 9.02M

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.