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
$ 2,356.45
+0.89%
+4.59%
+25.17%
$ 21.21B
$ 24.91
2
Hyperliquid
Hyperliquid
HYPE
$ 74.4
+0.76%
+6.66%
+31.24%
$ 18.79B
$ 57.38K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,911.34
+0.15%
+0.04%
+24.52%
$ 10.92B
$ 13.79M
4
Chainlink
Chainlink
LINK
$ 10.82
+0.08%
+2.61%
+11.44%
$ 7.09B
$ 102.18K
5
UNISWAP
UNISWAP
UNI
$ 3.82
+2.01%
+6.38%
+19.03%
$ 2.40B
$ 186.17K
6
Aster
Aster
ASTER
$ 0.6662
-0.30%
+5.96%
+11.79%
$ 1.82B
$ 3.74M
7
Ondo
Ondo
ONDO
$ 0.3645
+1.77%
+3.80%
+9.30%
$ 1.75B
$ 1.91M
8
AaveToken
AaveToken
AAVE
$ 99.89
+0.92%
+3.45%
+15.25%
$ 1.54B
$ 2.47K
9
Sky Protocol
Sky Protocol
SKY
$ 0.06201
+0.69%
+2.64%
+22.58%
$ 1.46B
$ 984.79K
10
MORPHO
MORPHO
MORPHO
$ 2.2924
+0.25%
+5.69%
+19.11%
$ 1.17B
$ 61.58K
11
Ethena
Ethena
ENA
$ 0.12267
+1.72%
+27.89%
+40.98%
$ 1.11B
$ 13.14M
12
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
0.00%
0.00%
$ 1.04B
$ 1.16M
13
Bitway
Bitway
BTW
$ 0.425134
-5.54%
+3.85%
+33.51%
$ 918.05M
$ 8.29M
14
JUST
JUST
JST
$ 0.10709
+0.08%
+1.38%
+1.88%
$ 917.77M
$ 644.14K
15
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 99.54
+0.25%
+0.04%
+17.11%
$ 892.29M
$ 3.12M
16
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.08133
+0.37%
-0.53%
+7.81%
$ 863.78M
$ 4.54M
17
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 4.08
+0.25%
+0.03%
+12.71%
$ 816.05M
$ 5.77M
18
Lighter
Lighter
LIT
$ 2.6753
-0.63%
-0.09%
+19.55%
$ 671.03M
$ 4.13M
19
Jupiter
Jupiter
JUP
$ 0.1934
+0.47%
+6.07%
+13.59%
$ 638.16M
$ 953.93K
20
PancakeSwap
PancakeSwap
CAKE
$ 1.656
+0.79%
+3.38%
+15.68%
$ 581.63M
$ 527.50K
21
Injective
Injective
INJ
$ 4.774
+0.89%
+3.88%
+12.42%
$ 476.96M
$ 610.07K
22
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.5429
-0.48%
+4.52%
+19.31%
$ 476.62M
$ 10.68M
23
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.4857
+1.25%
+7.12%
+20.47%
$ 463.07M
$ 6.49M
24
Curve
Curve
CRV
$ 0.2895
-0.21%
+10.76%
+18.40%
$ 437.27M
$ 4.76M
25
Staked USDai
Staked USDai
SUSDAI
$ 1.11
0.00%
0.00%
+0.91%
$ 356.49M
$ 1.72M
26
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,486.47
+0.28%
+0.04%
+24.28%
$ 353.69M
$ 126.78K
27
Pyth Network
Pyth Network
PYTH
$ 0.04522
+0.65%
+5.04%
+11.08%
$ 351.22M
$ 33.89M
28
SUN
SUN
SUN
$ 0.017405
+0.11%
+1.34%
-3.50%
$ 335.47M
$ 9.46M
29
tBTC
tBTC
TBTC
$ 74,355
+0.97%
+0.07%
+17.96%
$ 329.11M
$ 19.11M
30
Gnosis
Gnosis
GNO
$ 122.74
-0.48%
+0.26%
+19.00%
$ 325.66M
$ 589.16
31
SEI
SEI
SEI
$ 0.04405
+0.80%
+6.46%
+8.79%
$ 316.36M
$ 3.90M
32
TIA
TIA
TIA
$ 0.3444
+0.26%
+5.76%
+11.00%
$ 315.72M
$ 1.24M
33
Terra Classic
Terra Classic
LUNC
$ 0.0000536
+0.30%
+5.61%
+11.07%
$ 293.83M
$ 3.37B
34
Lido DAO
Lido DAO
LDO
$ 0.34
+0.74%
+2.95%
+15.51%
$ 288.67M
$ 621.69K
35
Velvet
Velvet
VELVET
$ 0.69058
-0.22%
-0.73%
-35.63%
$ 286.05M
$ 696.79K
36
Olympus
Olympus
OHM
$ 18.69
+0.27%
+0.00%
+0.81%
$ 279.35M
$ 258.76K
37
JITO
JITO
JTO
$ 0.581
-0.17%
-0.79%
+0.07%
$ 278.25M
$ 163.60K
38
Pendle
Pendle
PENDLE
$ 1.537
+1.05%
+2.19%
+18.15%
$ 263.66M
$ 689.32K
39
Staked Aave
Staked Aave
STKAAVE
$ 98.57
+0.05%
+0.04%
+14.06%
$ 241.68M
$ 25.99K
40
crvUSD
crvUSD
CRVUSD
$ 1.0
+0.05%
+0.00%
+0.15%
$ 225.94M
$ 36.39M
41
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.13
0.00%
0.00%
+0.89%
$ 217.36M
$ 43.56K
42
Maple Finance
Maple Finance
SYRUP
$ 0.18
-0.52%
+9.04%
+16.95%
$ 211.80M
$ 466.23K
43
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 123.97
+0.54%
+0.05%
+17.44%
$ 208.93M
$ 1.64M
44
Lido Earn ETH
Lido Earn ETH
EARNETH
$ 2,409.6
+1.28%
+0.05%
+26.27%
$ 204.73M
--
45
Compound
Compound
COMP
$ 19.11
+1.23%
+2.87%
+17.59%
$ 189.90M
$ 5.58K
46
Raydium
Raydium
RAY
$ 0.7033
+0.83%
+7.87%
+11.73%
$ 188.59M
$ 160.95K
47
Zebec Network
Zebec Network
ZBCN
$ 0.0019078
+1.66%
+4.04%
+18.85%
$ 188.47M
$ 155.35M
48
Falcon Finance
Falcon Finance
FF
$ 0.06565
+0.21%
-0.50%
+0.75%
$ 188.05M
$ 911.92K
49
Telcoin
Telcoin
TEL
$ 0.001849
+0.54%
+13.32%
+26.01%
$ 177.35M
$ 108.42M
50
MIOTAC
MIOTAC
IOTA
$ 0.03824
+1.26%
+7.56%
+16.07%
$ 172.55M
$ 1.86M

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.