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
Lido Staked ETH
Lido Staked ETH
STETH
$ 2,519.54
-0.58%
+6.21%
+33.19%
$ 22.49B
$ 59.49
2
Hyperliquid
Hyperliquid
HYPE
$ 75.88
-1.08%
+1.54%
+32.10%
$ 19.08B
$ 81.04K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 3,112.99
-0.62%
+0.07%
+33.49%
$ 11.66B
$ 50.75M
4
Chainlink
Chainlink
LINK
$ 12.101
-0.50%
+11.24%
+26.61%
$ 7.87B
$ 163.37K
5
UNISWAP
UNISWAP
UNI
$ 4.235
+0.22%
+9.29%
+28.87%
$ 2.58B
$ 261.34K
6
Ondo
Ondo
ONDO
$ 0.4033
-1.17%
+9.85%
+21.78%
$ 1.92B
$ 3.35M
7
Aster
Aster
ASTER
$ 0.7135
+0.04%
+5.20%
+18.25%
$ 1.92B
$ 7.71M
8
AaveToken
AaveToken
AAVE
$ 123.2
+1.60%
+24.76%
+43.04%
$ 1.90B
$ 8.35K
9
Sky Protocol
Sky Protocol
SKY
$ 0.06699
+0.06%
+8.56%
+32.91%
$ 1.57B
$ 1.13M
10
Ethena
Ethena
ENA
$ 0.1441
-0.64%
+17.32%
+68.36%
$ 1.31B
$ 41.16M
11
MORPHO
MORPHO
MORPHO
$ 2.3877
+0.34%
+2.97%
+21.42%
$ 1.19B
$ 83.94K
12
Bitway
Bitway
BTW
$ 0.484457
-0.44%
+18.30%
+60.09%
$ 1.07B
$ 4.18M
13
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
0.00%
0.00%
$ 1.03B
$ 3.80M
14
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.09582
-0.71%
+17.00%
+26.18%
$ 1.01B
$ 8.66M
15
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 106.33
+0.62%
+0.06%
+25.46%
$ 950.48M
$ 7.30M
16
JUST
JUST
JST
$ 0.10632
+0.13%
-0.72%
-0.25%
$ 909.65M
$ 609.65K
17
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 4.24
+0.24%
+0.04%
+17.13%
$ 842.43M
$ 12.43M
18
Lighter
Lighter
LIT
$ 3.1075
+0.95%
+17.09%
+37.57%
$ 777.45M
$ 4.43M
19
Jupiter
Jupiter
JUP
$ 0.2108
+0.96%
+9.94%
+26.80%
$ 697.60M
$ 1.77M
20
PancakeSwap
PancakeSwap
CAKE
$ 1.775
-0.73%
+6.23%
+22.52%
$ 618.22M
$ 1.13M
21
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.6054
-0.76%
+11.75%
+26.82%
$ 530.07M
$ 15.14M
22
Curve
Curve
CRV
$ 0.3469
-3.20%
+17.35%
+39.05%
$ 508.71M
$ 14.36M
23
Injective
Injective
INJ
$ 5.099
-0.77%
+6.61%
+20.99%
$ 504.75M
$ 675.12K
24
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.4931
-0.37%
-0.04%
+21.22%
$ 460.88M
$ 4.88M
25
Pyth Network
Pyth Network
PYTH
$ 0.05073
-0.23%
+10.19%
+24.65%
$ 383.91M
$ 131.92M
26
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,656.87
-0.39%
+0.07%
+33.08%
$ 378.02M
$ 6.87K
27
TIA
TIA
TIA
$ 0.4017
+0.61%
+16.11%
+32.27%
$ 364.66M
$ 2.77M
28
Staked USDai
Staked USDai
SUSDAI
$ 1.11
0.00%
0.00%
+0.91%
$ 357.18M
$ 2.19M
29
SEI
SEI
SEI
$ 0.04856
+0.54%
+10.85%
+22.16%
$ 348.11M
$ 4.35M
30
SUN
SUN
SUN
$ 0.017931
+0.22%
+2.76%
-0.19%
$ 344.14M
$ 8.71M
31
tBTC
tBTC
TBTC
$ 78,014
-0.28%
+0.06%
+23.87%
$ 340.77M
$ 19.72M
32
Gnosis
Gnosis
GNO
$ 125.85
-0.34%
+2.02%
+21.02%
$ 330.68M
$ 523.83
33
Velvet
Velvet
VELVET
$ 0.77939
+0.87%
+14.53%
-6.81%
$ 329.27M
$ 566.23K
34
Terra Classic
Terra Classic
LUNC
$ 0.00005998
-0.49%
+10.98%
+23.72%
$ 326.66M
$ 3.25B
35
JITO
JITO
JTO
$ 0.6555
+0.40%
+14.50%
+12.69%
$ 316.43M
$ 242.90K
36
Lido DAO
Lido DAO
LDO
$ 0.3795
+0.11%
+9.60%
+25.25%
$ 312.69M
$ 1.14M
37
Staked Aave
Staked Aave
STKAAVE
$ 122.54
+0.69%
+0.24%
+42.46%
$ 300.47M
$ 47.57K
38
Pendle
Pendle
PENDLE
$ 1.701
-0.36%
+6.93%
+27.22%
$ 281.94M
$ 685.99K
39
Olympus
Olympus
OHM
$ 18.62
-0.16%
0.00%
+0.70%
$ 278.23M
$ 397.38K
40
crvUSD
crvUSD
CRVUSD
$ 0.999836
0.00%
0.00%
+0.10%
$ 272.93M
$ 67.80M
41
Maple Finance
Maple Finance
SYRUP
$ 0.20551
+0.16%
+16.71%
+30.52%
$ 246.53M
$ 435.47K
42
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.13
0.00%
0.00%
+0.89%
$ 221.95M
$ 25.47K
43
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 131.03
+0.15%
+0.07%
+24.49%
$ 220.04M
$ 5.08M
44
Falcon Finance
Falcon Finance
FF
$ 0.07555
+0.48%
+12.91%
+12.68%
$ 212.78M
$ 1.74M
45
Zebec Network
Zebec Network
ZBCN
$ 0.0020678
-1.54%
+7.94%
+29.82%
$ 205.44M
$ 262.35M
46
Compound
Compound
COMP
$ 20.16
+0.25%
+6.12%
+24.15%
$ 201.00M
$ 3.75K
47
MIOTAC
MIOTAC
IOTA
$ 0.04605
+1.09%
+17.50%
+37.82%
$ 200.75M
$ 1.70M
48
Raydium
Raydium
RAY
$ 0.7509
-0.21%
+6.64%
+20.17%
$ 200.08M
$ 248.77K
49
Lido Earn ETH
Lido Earn ETH
EARNETH
$ 2,543.49
-0.52%
+0.07%
+33.56%
$ 199.34M
--
50
Convex Finance
Convex Finance
CVX
$ 2.021
-1.36%
+14.72%
+25.82%
$ 192.71M
$ 93.45K

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.