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
$ 2,491.34
+0.14%
+0.18%
-7.40%
$ 24.17B
$ 21.93
2
Hyperliquid
Hyperliquid
HYPE
$ 84.1
+0.11%
-1.24%
-5.96%
$ 21.47B
$ 8.51K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 3,104.57
-0.06%
+0.01%
-7.46%
$ 11.47B
$ 8.67M
4
Chainlink
Chainlink
LINK
$ 12.833
+0.38%
+0.34%
-8.48%
$ 8.45B
$ 32.74K
5
Bitway
Bitway
BTW
$ 1.584841
+1.03%
+10.32%
+70.15%
$ 4.61B
$ 771.70K
6
UNISWAP
UNISWAP
UNI
$ 7.379
-0.03%
+0.01%
-18.61%
$ 4.60B
$ 74.93K
7
Ethena
Ethena
ENA
$ 0.21806
-0.08%
+2.65%
-8.51%
$ 2.92B
$ 119.10M
8
AaveToken
AaveToken
AAVE
$ 171.12
+0.46%
+1.86%
-6.99%
$ 2.61B
$ 2.06K
9
Ondo
Ondo
ONDO
$ 0.48793
+0.53%
+3.25%
-1.23%
$ 2.39B
$ 1.68M
10
Aster
Aster
ASTER
$ 0.7163
-0.29%
+1.98%
+0.28%
$ 1.93B
$ 2.97M
11
Sky Protocol
Sky Protocol
SKY
$ 0.07682
+0.54%
-1.29%
-17.24%
$ 1.79B
$ 1.27M
12
MORPHO
MORPHO
MORPHO
$ 2.3924
-0.13%
+0.38%
-13.67%
$ 1.28B
$ 75.96K
13
Jupiter
Jupiter
JUP
$ 0.3722
-1.18%
+7.78%
+14.61%
$ 1.26B
$ 2.80M
14
JUST
JUST
JST
$ 0.14258
-0.13%
+0.45%
+3.02%
$ 1.17B
$ 483.82K
15
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 124.54
+0.25%
+0.00%
-9.09%
$ 1.13B
$ 3.29M
16
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.09974
+0.28%
+0.43%
-8.31%
$ 1.07B
$ 3.56M
17
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.19
0.00%
0.00%
0.00%
$ 1.04B
$ 7.36M
18
Lighter
Lighter
LIT
$ 3.5706
-0.92%
-2.51%
+0.78%
$ 905.20M
$ 3.27M
19
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 4.65
0.00%
+0.00%
-4.91%
$ 894.73M
$ 2.60M
20
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.8091
-0.46%
-3.85%
-3.07%
$ 811.06M
$ 4.31M
21
PancakeSwap
PancakeSwap
CAKE
$ 2.215
+0.36%
+2.35%
-11.53%
$ 792.83M
$ 614.87K
22
Injective
Injective
INJ
$ 6.999
+0.40%
+0.34%
-7.59%
$ 699.70M
$ 301.61K
23
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.6751
+0.18%
-1.00%
-6.98%
$ 660.30M
$ 6.50M
24
Pyth Network
Pyth Network
PYTH
$ 0.07984
+0.27%
+1.23%
+4.44%
$ 642.52M
$ 19.69M
25
Raydium
Raydium
RAY
$ 2.2963
+0.58%
-4.75%
+14.03%
$ 631.59M
$ 105.00K
26
Curve
Curve
CRV
$ 0.3598
-0.61%
+5.52%
-3.73%
$ 567.51M
$ 4.26M
27
Derive
Derive
DRV
$ 0.538515
-2.57%
+0.13%
+31.61%
$ 537.20M
$ 111.03M
28
SEI
SEI
SEI
$ 0.06632
+0.78%
-0.19%
-6.40%
$ 507.62M
$ 3.88M
29
Staked USDai
Staked USDai
SUSDAI
$ 1.12
0.00%
--
0.00%
$ 479.65M
$ 4.00M
30
TIA
TIA
TIA
$ 0.4775
+1.04%
-4.65%
+3.49%
$ 447.00M
$ 4.10M
31
Staked Aave
Staked Aave
STKAAVE
$ 168.69
-0.08%
+0.02%
-6.75%
$ 418.63M
$ 4.58K
32
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.14
0.00%
0.00%
0.00%
$ 411.92M
$ 6.76K
33
Plasma
Plasma
XPL
$ 0.0867
+1.10%
+2.83%
-9.66%
$ 394.17M
$ 4.16M
34
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,684.81
-0.04%
+0.01%
-7.40%
$ 390.75M
$ 97.42K
35
Pendle
Pendle
PENDLE
$ 2.125
+0.38%
+0.71%
-13.05%
$ 369.41M
$ 300.94K
36
Falcon Finance
Falcon Finance
FF
$ 0.10864
+0.56%
+1.29%
-6.62%
$ 359.91M
$ 1.08M
37
Lido DAO
Lido DAO
LDO
$ 0.4265
+0.65%
+2.33%
-5.63%
$ 357.38M
$ 671.09K
38
tBTC
tBTC
TBTC
$ 82,578
-0.06%
+0.01%
-2.65%
$ 338.26M
$ 1.57M
39
SUN
SUN
SUN
$ 0.016818
+0.10%
+0.17%
-1.49%
$ 323.61M
$ 8.82M
40
Gnosis
Gnosis
GNO
$ 115.74
+0.04%
-0.47%
-3.01%
$ 304.39M
$ 501.46
41
Olympus
Olympus
OHM
$ 20.07
+0.10%
-0.00%
-0.74%
$ 299.76M
$ 122.91K
42
Terra Classic
Terra Classic
LUNC
$ 0.00005183
+0.15%
+2.98%
-0.89%
$ 287.58M
$ 2.93B
43
JITO
JITO
JTO
$ 0.5177
-0.47%
-0.08%
-5.44%
$ 279.55M
$ 143.62K
44
Maple Finance
Maple Finance
SYRUP
$ 0.23102
+1.12%
-0.05%
-9.57%
$ 276.52M
$ 407.40K
45
MIOTAC
MIOTAC
IOTA
$ 0.05274
+1.65%
+5.53%
-5.39%
$ 247.27M
$ 2.86M
46
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 154.53
-0.06%
0.00%
-9.08%
$ 246.08M
$ 739.28K
47
Compound
Compound
COMP
$ 24.34
+0.04%
+3.67%
-3.30%
$ 243.00M
$ 2.41K
48
THORChain
THORChain
RUNE
$ 0.6927
-0.06%
+2.05%
-6.45%
$ 228.91M
$ 709.78K
49
Zebec Network
Zebec Network
ZBCN
$ 0.0022647
+0.11%
-5.31%
-8.74%
$ 224.66M
$ 103.29M
50
Spiko Amundi Overnight Swap Fund
Spiko Amundi Overnight Swap Fund
SAFO
$ 1.024
0.00%
0.00%
+0.10%
$ 220.29M
--

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.