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
$ 2,421.71
-0.09%
+1.59%
+29.47%
$ 21.90B
$ 56.29
2
Hyperliquid
Hyperliquid
HYPE
$ 77.28
-1.90%
+4.41%
+36.05%
$ 19.78B
$ 99.49K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 3,025.26
-0.03%
+0.02%
+29.64%
$ 11.35B
$ 48.32M
4
Chainlink
Chainlink
LINK
$ 11.581
+0.06%
+2.58%
+24.64%
$ 7.74B
$ 175.18K
5
UNISWAP
UNISWAP
UNI
$ 4.166
+0.29%
+7.01%
+27.72%
$ 2.61B
$ 372.71K
6
AaveToken
AaveToken
AAVE
$ 122.19
+0.52%
+14.46%
+43.49%
$ 1.90B
$ 9.92K
7
Ondo
Ondo
ONDO
$ 0.37478
-1.45%
+1.81%
+17.31%
$ 1.86B
$ 4.20M
8
Aster
Aster
ASTER
$ 0.6659
-0.53%
-7.46%
+12.38%
$ 1.82B
$ 11.76M
9
Sky Protocol
Sky Protocol
SKY
$ 0.06706
+0.01%
+1.64%
+28.76%
$ 1.55B
$ 1.14M
10
Ethena
Ethena
ENA
$ 0.15169
-2.31%
+11.20%
+84.93%
$ 1.43B
$ 50.66M
11
Bitway
Bitway
BTW
$ 0.518607
+3.92%
+10.98%
+64.22%
$ 1.15B
$ 3.63M
12
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.12091
-5.14%
+21.14%
+42.71%
$ 1.15B
$ 10.20M
13
MORPHO
MORPHO
MORPHO
$ 2.2716
+0.26%
-1.15%
+14.54%
$ 1.14B
$ 99.07K
14
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
0.00%
0.00%
$ 1.02B
$ 3.81M
15
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 106.39
-0.20%
+0.04%
+25.49%
$ 952.64M
$ 6.85M
16
JUST
JUST
JST
$ 0.10397
-0.19%
-2.18%
-2.96%
$ 888.98M
$ 763.12K
17
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 4.23
-0.24%
+0.02%
+16.85%
$ 836.61M
$ 18.67M
18
Lighter
Lighter
LIT
$ 3.056
+0.03%
+11.39%
+32.88%
$ 766.30M
$ 5.62M
19
Jupiter
Jupiter
JUP
$ 0.2059
-0.66%
+4.48%
+24.60%
$ 696.27M
$ 3.02M
20
PancakeSwap
PancakeSwap
CAKE
$ 1.724
-0.90%
+3.23%
+21.51%
$ 618.22M
$ 1.37M
21
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.5817
+0.09%
+2.85%
+20.03%
$ 507.70M
$ 20.14M
22
Injective
Injective
INJ
$ 4.885
-0.64%
+0.61%
+20.19%
$ 493.26M
$ 844.90K
23
Curve
Curve
CRV
$ 0.3239
+0.37%
+2.30%
+31.34%
$ 492.02M
$ 11.80M
24
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.4693
-0.33%
-1.93%
+18.84%
$ 454.97M
$ 6.35M
25
Pyth Network
Pyth Network
PYTH
$ 0.05037
-1.05%
+4.29%
+29.64%
$ 400.29M
$ 528.48M
26
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,590.86
+0.26%
+0.02%
+29.78%
$ 368.22M
$ 2.42K
27
TIA
TIA
TIA
$ 0.3901
+0.33%
+7.72%
+30.26%
$ 360.80M
$ 4.17M
28
Staked USDai
Staked USDai
SUSDAI
$ 1.11
0.00%
0.00%
+0.91%
$ 357.18M
$ 1.42M
29
SEI
SEI
SEI
$ 0.04698
-0.56%
+4.44%
+19.62%
$ 344.58M
$ 5.91M
30
SUN
SUN
SUN
$ 0.017737
+0.03%
+1.72%
-0.45%
$ 342.07M
$ 11.86M
31
tBTC
tBTC
TBTC
$ 77,347
+0.08%
+0.00%
+22.88%
$ 337.85M
$ 15.68M
32
Gnosis
Gnosis
GNO
$ 123.12
-0.18%
+1.04%
+19.57%
$ 326.27M
$ 509.63
33
Terra Classic
Terra Classic
LUNC
$ 0.00005708
-0.22%
+5.09%
+21.46%
$ 321.03M
$ 3.86B
34
Lido DAO
Lido DAO
LDO
$ 0.3617
-1.67%
+2.76%
+25.40%
$ 313.37M
$ 1.59M
35
Velvet
Velvet
VELVET
$ 0.71024
-0.06%
+2.97%
-36.48%
$ 303.54M
$ 1.10M
36
JITO
JITO
JTO
$ 0.6227
-1.74%
+2.79%
+6.38%
$ 302.85M
$ 276.05K
37
Staked Aave
Staked Aave
STKAAVE
$ 122.91
+1.19%
+0.16%
+44.26%
$ 300.86M
$ 38.22K
38
Pendle
Pendle
PENDLE
$ 1.646
+0.36%
+5.54%
+29.92%
$ 286.38M
$ 940.85K
39
crvUSD
crvUSD
CRVUSD
$ 1.0
0.00%
0.00%
+0.09%
$ 281.44M
$ 45.87M
40
Olympus
Olympus
OHM
$ 18.58
-0.05%
0.00%
+0.65%
$ 277.63M
$ 421.41K
41
Maple Finance
Maple Finance
SYRUP
$ 0.19466
-0.60%
+4.62%
+23.56%
$ 235.27M
$ 575.75K
42
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 131.65
-0.45%
+0.03%
+25.23%
$ 221.20M
$ 6.19M
43
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.13
0.00%
0.00%
+0.89%
$ 220.94M
$ 15.84K
44
Falcon Finance
Falcon Finance
FF
$ 0.07425
-0.19%
+9.94%
+14.17%
$ 215.25M
$ 2.19M
45
MIOTAC
MIOTAC
IOTA
$ 0.04547
-0.86%
+13.79%
+43.68%
$ 206.04M
$ 2.30M
46
Raydium
Raydium
RAY
$ 0.7435
-0.33%
+4.18%
+21.15%
$ 202.72M
$ 305.46K
47
Compound
Compound
COMP
$ 19.83
-0.89%
+4.21%
+23.23%
$ 200.50M
$ 3.75K
48
Zebec Network
Zebec Network
ZBCN
$ 0.0019808
-0.75%
-0.62%
+28.58%
$ 199.69M
$ 266.41M
49
Convex Finance
Convex Finance
CVX
$ 2.048
+0.70%
+10.59%
+23.99%
$ 197.81M
$ 109.19K
50
Lido Earn ETH
Lido Earn ETH
EARNETH
$ 2,469.06
-0.12%
+0.02%
+29.69%
$ 192.68M
--

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.