Buy CryptoMarketsSpotFuturesETHEarnEvent CenterRewards Hub
More
$1,000,000 TradFi Gala
Sign Up

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
$ 2,311.6
-0.08%
+2.93%
+23.60%
$ 20.87B
$ 47.03
2
Hyperliquid
Hyperliquid
HYPE
$ 73.89
+1.28%
+3.65%
+31.95%
$ 18.81B
$ 71.34K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,879.59
+0.08%
+0.02%
+23.51%
$ 10.71B
$ 20.02M
4
Chainlink
Chainlink
LINK
$ 10.552
-0.25%
-0.27%
+18.57%
$ 6.97B
$ 118.18K
5
UNISWAP
UNISWAP
UNI
$ 3.705
+0.35%
+1.83%
+16.46%
$ 2.31B
$ 258.96K
6
Aster
Aster
ASTER
$ 0.6682
+0.36%
+6.75%
+10.48%
$ 1.79B
$ 3.94M
7
Ondo
Ondo
ONDO
$ 0.35472
+0.33%
+0.90%
+8.32%
$ 1.71B
$ 2.42M
8
AaveToken
AaveToken
AAVE
$ 97.75
+0.26%
+2.32%
+14.16%
$ 1.50B
$ 2.58K
9
Sky Protocol
Sky Protocol
SKY
$ 0.06167
-0.37%
+2.91%
+21.41%
$ 1.44B
$ 1.11M
10
MORPHO
MORPHO
MORPHO
$ 2.3311
-0.45%
+6.20%
+20.00%
$ 1.17B
$ 59.60K
11
Ethena
Ethena
ENA
$ 0.11441
+3.28%
+19.96%
+35.58%
$ 1.05B
$ 11.62M
12
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
0.00%
0.00%
$ 1.04B
$ 1.39M
13
Bitway
Bitway
BTW
$ 0.431003
+1.29%
+6.69%
+33.59%
$ 939.40M
$ 8.68M
14
JUST
JUST
JST
$ 0.10742
+0.33%
+3.62%
+2.35%
$ 919.05M
$ 696.94K
15
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 98.56
-0.04%
+0.01%
+16.71%
$ 883.64M
$ 4.32M
16
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.0806
-0.27%
-1.13%
+8.66%
$ 864.53M
$ 4.92M
17
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 4.03
0.00%
+0.01%
+11.63%
$ 839.55M
$ 6.58M
18
Lighter
Lighter
LIT
$ 2.699
+1.18%
+3.41%
+21.22%
$ 672.00M
$ 4.05M
19
Jupiter
Jupiter
JUP
$ 0.1907
+1.17%
+5.25%
+13.79%
$ 632.85M
$ 1.05M
20
PancakeSwap
PancakeSwap
CAKE
$ 1.639
+0.43%
+0.86%
+15.01%
$ 577.06M
$ 518.62K
21
Injective
Injective
INJ
$ 4.768
+0.11%
+4.29%
+13.00%
$ 476.26M
$ 623.60K
22
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.5426
-0.33%
+4.04%
+20.68%
$ 474.41M
$ 11.09M
23
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.4759
+0.69%
+10.46%
+19.48%
$ 455.74M
$ 6.83M
24
Curve
Curve
CRV
$ 0.2767
-1.49%
+8.02%
+15.76%
$ 421.04M
$ 4.53M
25
Staked USDai
Staked USDai
SUSDAI
$ 1.11
0.00%
0.00%
+0.91%
$ 356.46M
$ 1.35M
26
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,464.06
+0.27%
+0.03%
+23.42%
$ 350.84M
$ 129.17K
27
Pyth Network
Pyth Network
PYTH
$ 0.04401
+0.48%
+4.46%
+13.44%
$ 348.31M
$ 30.75M
28
SUN
SUN
SUN
$ 0.017392
-0.03%
+1.41%
-3.41%
$ 335.33M
$ 8.88M
29
Gnosis
Gnosis
GNO
$ 122.83
-0.96%
-0.54%
+18.97%
$ 324.95M
$ 592.40
30
tBTC
tBTC
TBTC
$ 72,700
+0.10%
+0.05%
+15.74%
$ 322.82M
$ 18.66M
31
TIA
TIA
TIA
$ 0.3424
+1.33%
+5.31%
+13.35%
$ 315.54M
$ 1.48M
32
SEI
SEI
SEI
$ 0.04335
+0.93%
+5.43%
+8.22%
$ 312.67M
$ 3.77M
33
Terra Classic
Terra Classic
LUNC
$ 0.00005237
0.00%
+4.62%
+9.80%
$ 289.97M
$ 3.88B
34
Velvet
Velvet
VELVET
$ 0.67224
-1.50%
+6.45%
-33.61%
$ 282.81M
$ 796.06K
35
Lido DAO
Lido DAO
LDO
$ 0.3346
0.00%
+0.30%
+13.17%
$ 280.92M
$ 756.13K
36
Olympus
Olympus
OHM
$ 18.61
+0.11%
+0.00%
-0.48%
$ 278.24M
$ 295.24K
37
JITO
JITO
JTO
$ 0.5792
+0.65%
-0.54%
+2.52%
$ 276.75M
$ 172.51K
38
Pendle
Pendle
PENDLE
$ 1.485
+0.75%
+3.72%
+14.48%
$ 252.55M
$ 678.47K
39
Staked Aave
Staked Aave
STKAAVE
$ 97.6
+0.51%
+0.01%
+14.55%
$ 239.34M
$ 26.71K
40
crvUSD
crvUSD
CRVUSD
$ 0.999836
+0.01%
0.00%
+0.09%
$ 224.09M
$ 44.97M
41
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.13
0.00%
0.00%
+0.89%
$ 217.65M
$ 44.61K
42
Maple Finance
Maple Finance
SYRUP
$ 0.17873
+0.40%
+10.81%
+17.08%
$ 214.12M
$ 473.01K
43
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 122.72
+0.29%
+0.02%
+16.91%
$ 206.82M
$ 2.13M
44
Lido Earn ETH
Lido Earn ETH
EARNETH
$ 2,355.98
+0.22%
+0.03%
+23.75%
$ 202.75M
--
45
Compound
Compound
COMP
$ 18.88
-0.26%
+4.36%
+17.52%
$ 189.20M
$ 5.04K
46
Falcon Finance
Falcon Finance
FF
$ 0.06503
+0.59%
-0.69%
+1.10%
$ 186.90M
$ 918.35K
47
Raydium
Raydium
RAY
$ 0.6878
+0.38%
+5.98%
+10.54%
$ 185.17M
$ 155.54K
48
Zebec Network
Zebec Network
ZBCN
$ 0.0018208
+0.80%
+0.55%
+15.79%
$ 180.40M
$ 154.61M
49
Telcoin
Telcoin
TEL
$ 0.001833
-0.11%
+12.85%
+24.68%
$ 177.16M
$ 103.13M
50
Convex Finance
Convex Finance
CVX
$ 1.665
-0.93%
+5.77%
+9.09%
$ 167.20M
$ 62.33K

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.