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
$ 2,345.32
-0.33%
+4.72%
+24.66%
$ 21.10B
$ 24.76
2
Hyperliquid
Hyperliquid
HYPE
$ 71.9
-0.31%
+6.44%
+30.48%
$ 18.73B
$ 57.32K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,922.53
-0.73%
+0.04%
+25.09%
$ 10.96B
$ 27.58M
4
Chainlink
Chainlink
LINK
$ 10.99
+0.65%
+3.84%
+13.10%
$ 7.12B
$ 96.99K
5
UNISWAP
UNISWAP
UNI
$ 3.814
+0.39%
+6.36%
+16.21%
$ 2.37B
$ 194.89K
6
Aster
Aster
ASTER
$ 0.6613
-0.79%
+6.39%
+11.32%
$ 1.81B
$ 3.74M
7
Ondo
Ondo
ONDO
$ 0.3633
+1.04%
+6.08%
+9.80%
$ 1.77B
$ 2.02M
8
AaveToken
AaveToken
AAVE
$ 100.98
+0.55%
+4.02%
+14.53%
$ 1.53B
$ 2.67K
9
Sky Protocol
Sky Protocol
SKY
$ 0.06146
-0.77%
+2.10%
+20.99%
$ 1.44B
$ 991.47K
10
MORPHO
MORPHO
MORPHO
$ 2.2828
-0.94%
+4.09%
+17.48%
$ 1.15B
$ 64.64K
11
Ethena
Ethena
ENA
$ 0.12222
+2.07%
+32.71%
+43.63%
$ 1.14B
$ 14.15M
12
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
0.00%
0.00%
$ 1.04B
$ 1.67M
13
Bitway
Bitway
BTW
$ 0.461715
+4.92%
+10.44%
+44.25%
$ 947.94M
$ 8.08M
14
JUST
JUST
JST
$ 0.107
-0.30%
+1.14%
+1.19%
$ 913.50M
$ 637.35K
15
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 100.47
+0.05%
+0.05%
+18.44%
$ 899.06M
$ 2.85M
16
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.08161
+0.50%
+0.17%
+7.30%
$ 865.49M
$ 4.80M
17
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 4.09
-0.24%
+0.04%
+12.98%
$ 819.52M
$ 6.27M
18
Lighter
Lighter
LIT
$ 2.6414
+0.74%
-0.58%
+16.52%
$ 668.88M
$ 4.19M
19
Jupiter
Jupiter
JUP
$ 0.1916
+1.10%
+7.45%
+14.18%
$ 641.48M
$ 988.05K
20
PancakeSwap
PancakeSwap
CAKE
$ 1.647
-0.18%
+3.32%
+14.73%
$ 580.93M
$ 527.25K
21
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.5489
+1.21%
+5.52%
+21.54%
$ 480.05M
$ 10.71M
22
Injective
Injective
INJ
$ 4.77
+0.68%
+4.08%
+12.59%
$ 476.66M
$ 615.28K
23
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.4812
-0.04%
+6.94%
+19.93%
$ 460.88M
$ 6.48M
24
Curve
Curve
CRV
$ 0.3154
+0.94%
+9.07%
+19.46%
$ 437.57M
$ 4.85M
25
Staked USDai
Staked USDai
SUSDAI
$ 1.11
0.00%
0.00%
+0.91%
$ 356.40M
$ 801.79K
26
Pyth Network
Pyth Network
PYTH
$ 0.04544
+2.01%
+6.49%
+12.68%
$ 355.40M
$ 37.72M
27
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,494.8
-0.70%
+0.04%
+24.72%
$ 354.87M
$ 127.21K
28
SUN
SUN
SUN
$ 0.017396
-0.05%
+1.46%
-3.69%
$ 334.76M
$ 9.44M
29
tBTC
tBTC
TBTC
$ 74,704
-0.85%
+0.08%
+18.56%
$ 330.66M
$ 21.39M
30
Gnosis
Gnosis
GNO
$ 122.46
-0.34%
-0.16%
+18.37%
$ 323.02M
$ 565.96
31
SEI
SEI
SEI
$ 0.04377
+0.85%
+7.39%
+9.26%
$ 316.72M
$ 4.10M
32
TIA
TIA
TIA
$ 0.3417
+0.59%
+6.88%
+10.63%
$ 315.90M
$ 1.26M
33
Terra Classic
Terra Classic
LUNC
$ 0.0000538
+0.49%
+7.37%
+11.80%
$ 295.77M
$ 3.40B
34
Velvet
Velvet
VELVET
$ 0.67541
+0.78%
-0.08%
-35.72%
$ 289.73M
$ 685.49K
35
Lido DAO
Lido DAO
LDO
$ 0.34
+0.27%
+2.82%
+14.74%
$ 286.06M
$ 624.30K
36
JITO
JITO
JTO
$ 0.5686
+1.24%
+0.98%
+0.36%
$ 279.79M
$ 162.73K
37
Olympus
Olympus
OHM
$ 18.61
-0.32%
-0.00%
+0.32%
$ 278.15M
$ 275.61K
38
Pendle
Pendle
PENDLE
$ 1.549
+0.26%
+3.55%
+18.82%
$ 264.34M
$ 674.17K
39
Staked Aave
Staked Aave
STKAAVE
$ 99.13
+0.11%
+0.03%
+14.42%
$ 243.05M
$ 26.35K
40
crvUSD
crvUSD
CRVUSD
$ 0.998443
-0.12%
-0.00%
-0.01%
$ 229.61M
$ 47.44M
41
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.13
0.00%
0.00%
+0.89%
$ 217.37M
$ 42.76K
42
Maple Finance
Maple Finance
SYRUP
$ 0.18018
+1.25%
+10.57%
+18.40%
$ 213.88M
$ 472.90K
43
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 124.64
+0.10%
+0.05%
+18.39%
$ 210.03M
$ 1.70M
44
Lido Earn ETH
Lido Earn ETH
EARNETH
$ 2,382.67
-0.67%
+0.04%
+24.87%
$ 205.05M
--
45
Zebec Network
Zebec Network
ZBCN
$ 0.0018561
-0.12%
+8.53%
+19.98%
$ 190.11M
$ 164.79M
46
Compound
Compound
COMP
$ 18.77
-0.05%
+0.42%
+18.09%
$ 189.30M
$ 5.57K
47
Falcon Finance
Falcon Finance
FF
$ 0.06569
+0.15%
-0.12%
+0.92%
$ 188.74M
$ 932.27K
48
Raydium
Raydium
RAY
$ 0.7004
+0.47%
+8.27%
+11.99%
$ 188.51M
$ 160.72K
49
Telcoin
Telcoin
TEL
$ 0.001832
+0.49%
+15.26%
+27.06%
$ 177.74M
$ 109.41M
50
MIOTAC
MIOTAC
IOTA
$ 0.03816
-0.21%
+7.17%
+15.17%
$ 170.48M
$ 1.89M

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.