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
$ 2,704.14
+0.24%
+0.93%
+1.52%
$ 26.79B
$ 19.44
2
Hyperliquid
Hyperliquid
HYPE
$ 92.75
+0.33%
+3.51%
+7.53%
$ 23.36B
$ 19.61K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 3,386.96
-0.05%
+0.01%
+1.82%
$ 12.49B
$ 14.69M
4
Chainlink
Chainlink
LINK
$ 13.837
-0.03%
-0.52%
-4.98%
$ 9.25B
$ 26.05K
5
UNISWAP
UNISWAP
UNI
$ 8.918
+0.14%
-0.17%
+1.77%
$ 5.64B
$ 47.24K
6
Bitway
Bitway
BTW
$ 1.170279
-2.63%
-2.51%
-10.45%
$ 3.40B
$ 1.55M
7
AaveToken
AaveToken
AAVE
$ 183.92
+0.89%
+3.68%
+8.72%
$ 2.87B
$ 1.89K
8
Ethena
Ethena
ENA
$ 0.24947
-0.40%
+6.22%
+0.42%
$ 2.54B
$ 181.38M
9
Ondo
Ondo
ONDO
$ 0.49078
-0.26%
+1.13%
-1.88%
$ 2.43B
$ 1.39M
10
Sky Protocol
Sky Protocol
SKY
$ 0.09313
-0.63%
+4.45%
+15.25%
$ 2.27B
$ 1.41M
11
Aster
Aster
ASTER
$ 0.7329
+0.01%
+3.83%
+2.68%
$ 1.99B
$ 3.45M
12
MORPHO
MORPHO
MORPHO
$ 2.6774
+0.74%
-0.45%
+8.51%
$ 1.44B
$ 35.98K
13
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 137.07
+0.45%
-0.00%
+2.17%
$ 1.25B
$ 704.47K
14
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.10741
+0.32%
-0.57%
-8.86%
$ 1.15B
$ 2.03M
15
JUST
JUST
JST
$ 0.13669
-0.77%
-2.71%
+8.37%
$ 1.12B
$ 619.59K
16
Jupiter
Jupiter
JUP
$ 0.334
+1.12%
+1.64%
+3.07%
$ 1.11B
$ 745.58K
17
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.19
0.00%
0.00%
0.00%
$ 1.01B
$ 11.33M
18
Lighter
Lighter
LIT
$ 3.8391
-0.95%
+9.17%
-13.44%
$ 960.53M
$ 3.56M
19
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 4.92
+0.41%
+0.00%
+1.86%
$ 948.54M
$ 5.15M
20
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.8594
0.00%
+0.71%
+7.94%
$ 864.60M
$ 5.34M
21
PancakeSwap
PancakeSwap
CAKE
$ 2.478
+0.08%
+0.12%
-2.16%
$ 824.39M
$ 379.89K
22
Injective
Injective
INJ
$ 7.523
-0.55%
+0.58%
+0.11%
$ 758.08M
$ 321.96K
23
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.76
+1.49%
+2.32%
-1.34%
$ 743.51M
$ 4.23M
24
Pyth Network
Pyth Network
PYTH
$ 0.07751
-0.23%
+1.00%
+0.83%
$ 618.66M
$ 7.09M
25
Curve
Curve
CRV
$ 0.3761
+0.29%
+2.60%
-6.11%
$ 593.83M
$ 2.02M
26
SEI
SEI
SEI
$ 0.07221
+0.25%
-2.48%
+0.11%
$ 553.71M
$ 5.51M
27
Raydium
Raydium
RAY
$ 2.0153
+0.39%
-2.28%
+7.33%
$ 548.15M
$ 70.83K
28
Staked USDai
Staked USDai
SUSDAI
$ 1.12
0.00%
--
0.00%
$ 486.44M
$ 9.87M
29
Staked Aave
Staked Aave
STKAAVE
$ 184.74
+0.63%
+0.04%
+9.16%
$ 461.25M
$ 1.25K
30
Pendle
Pendle
PENDLE
$ 2.469
-0.75%
+3.21%
+6.18%
$ 435.82M
$ 332.03K
31
TIA
TIA
TIA
$ 0.4663
-0.21%
+0.55%
+4.43%
$ 433.38M
$ 2.17M
32
Plasma
Plasma
XPL
$ 0.09395
+0.64%
-1.19%
-3.61%
$ 432.89M
$ 6.24M
33
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,926.38
-0.13%
+0.01%
+1.79%
$ 425.35M
$ 68.70K
34
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.14
0.00%
0.00%
0.00%
$ 413.15M
$ 4.54K
35
Derive
Derive
DRV
$ 0.408542
+0.11%
-0.01%
+7.29%
$ 408.40M
$ 8.75M
36
Falcon Finance
Falcon Finance
FF
$ 0.11593
-0.86%
+2.28%
-3.58%
$ 390.40M
$ 803.15K
37
Lido DAO
Lido DAO
LDO
$ 0.4613
+0.24%
+2.11%
+0.48%
$ 385.91M
$ 656.15K
38
tBTC
tBTC
TBTC
$ 86,370
-0.01%
+0.01%
+4.04%
$ 358.62M
$ 1.78M
39
SUN
SUN
SUN
$ 0.01724
+0.12%
+0.26%
+1.09%
$ 331.12M
$ 8.69M
40
Gnosis
Gnosis
GNO
$ 120.8
+0.06%
+1.48%
+1.36%
$ 319.59M
$ 504.76
41
JITO
JITO
JTO
$ 0.5688
-0.57%
+2.42%
+3.69%
$ 304.21M
$ 257.00K
42
Olympus
Olympus
OHM
$ 20.17
0.00%
-0.00%
+0.35%
$ 301.32M
$ 60.26K
43
Maple Finance
Maple Finance
SYRUP
$ 0.24976
-0.56%
-1.36%
+3.98%
$ 300.40M
$ 568.16K
44
Terra Classic
Terra Classic
LUNC
$ 0.0000527
-0.15%
+0.44%
-0.08%
$ 291.97M
$ 2.16B
45
Ethena Staked ENA
Ethena Staked ENA
SENA
$ 0.256722
+0.63%
+0.07%
-0.09%
$ 288.63M
$ 915.33K
46
MIOTAC
MIOTAC
IOTA
$ 0.05846
+0.29%
-2.01%
+9.04%
$ 275.30M
$ 3.26M
47
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 170.21
+0.12%
-0.00%
+1.91%
$ 272.39M
$ 1.72M
48
THORChain
THORChain
RUNE
$ 0.7789
-0.01%
-1.32%
+6.15%
$ 259.81M
$ 1.14M
49
Zebec Network
Zebec Network
ZBCN
$ 0.002535
+0.30%
+2.09%
+0.35%
$ 255.10M
$ 86.52M
50
Compound
Compound
COMP
$ 24.98
+0.48%
+0.40%
+1.82%
$ 251.10M
$ 2.35K

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.