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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
51
Telcoin
Telcoin
TEL
$ 0.001945
-0.92%
-0.15%
+32.40%
$ 186.48M
$ 102.75M
52
Coinbase Wrapped XRP
Coinbase Wrapped XRP
CBXRP
$ 1.53
+0.66%
+0.17%
+53.00%
$ 179.78M
$ 19.17M
53
Plasma
Plasma
XPL
$ 0.09615
-0.15%
+1.44%
+26.28%
$ 174.13M
$ 127.56M
54
Ethena Staked ENA
Ethena Staked ENA
SENA
$ 0.151476
0.00%
+0.15%
+79.83%
$ 167.52M
$ 1.27M
55
DEXE
DEXE
DEXE
$ 1.939
-0.26%
-0.10%
-0.42%
$ 160.60M
$ 160.91K
56
THORChain
THORChain
RUNE
$ 0.4715
-0.21%
+1.19%
+12.69%
$ 158.36M
$ 1.25M
57
BUILDon
BUILDon
B
$ 0.15815
+0.61%
+4.15%
+7.13%
$ 157.97M
$ 1.20M
58
Frax Ether
Frax Ether
FRXETH
$ 2,424.91
-0.25%
+0.03%
+29.24%
$ 149.88M
$ 1.31M
59
Spiko Amundi Overnight Swap Fund
Spiko Amundi Overnight Swap Fund
SAFO
$ 1.018
0.00%
0.00%
+0.10%
$ 149.02M
--
60
Vision
Vision
VSN
$ 0.0377
-1.96%
-0.40%
+3.98%
$ 136.60M
$ 1.89M
61
1INCH
1INCH
1INCH
$ 0.09165
-0.26%
+0.35%
+9.90%
$ 128.31M
$ 988.56K
62
AWE Network
AWE Network
AWE
$ 0.06682
-1.31%
+0.74%
+1.97%
$ 126.92M
$ 855.77K
63
Kamino
Kamino
KMNO
$ 0.02572
-0.79%
+18.28%
+39.27%
$ 121.51M
$ 4.47M
64
syrupUSDG
syrupUSDG
SYRUPUSDG
$ 1.007
0.00%
0.00%
-0.10%
$ 120.62M
$ 25.08K
65
Bybit Staked SOL
Bybit Staked SOL
BBSOL
$ 109.45
-0.53%
+0.03%
+24.57%
$ 113.85M
$ 1.77M
66
RealLink
RealLink
REAL
$ 0.08215
+0.02%
+0.55%
+12.29%
$ 112.33M
$ 3.20M
67
SoSoValue
SoSoValue
SOSO
$ 0.323
-0.09%
+2.38%
-1.71%
$ 110.19M
$ 319.20K
68
Instadapp
Instadapp
FLUID
$ 1.3618
+0.26%
+4.93%
+16.63%
$ 108.12M
$ 3.90K
69
Nexus Mutual
Nexus Mutual
NXM
$ 62.64
+0.50%
+0.03%
+24.41%
$ 106.16M
--
70
dYdX
dYdX
DYDX
$ 0.12632
-0.18%
+5.42%
+15.83%
$ 105.53M
$ 2.61M
71
Stargate Finance
Stargate Finance
STG
$ 0.1619
-0.37%
+4.38%
+11.54%
$ 105.42M
$ 388.32K
72
Staked Frax Ether
Staked Frax Ether
SFRXETH
$ 2,823.5
-0.08%
+0.03%
+29.31%
$ 105.26M
$ 25.18K
73
Horizen
Horizen
ZEN
$ 5.334
+0.13%
+14.78%
+33.62%
$ 96.41M
$ 68.53K
74
Reserve Rights
Reserve Rights
RSR
$ 0.001485
+0.61%
+2.99%
+28.23%
$ 92.64M
$ 68.62M
75
Origin Ether
Origin Ether
OETH
$ 2,434.32
-0.15%
+0.03%
+29.50%
$ 88.77M
$ 233.88K
76
YearnFinance
YearnFinance
YFI
$ 2,357.6
+0.08%
+6.32%
+22.25%
$ 84.86M
$ 43.87
77
Derive
Derive
DRV
$ 0.1146
+0.25%
+1.37%
-1.94%
$ 84.23M
$ 727.53K
78
0x
0x
ZRX
$ 0.09997
+1.07%
+11.81%
+28.77%
$ 83.53M
$ 757.15K
79
SNX
SNX
SNX
$ 0.2373
-0.47%
+6.60%
+17.92%
$ 80.72M
$ 502.50K
80
DeepBook
DeepBook
DEEP
$ 0.015271
-1.56%
-4.77%
+7.90%
$ 80.46M
$ 8.91M
81
GMX
GMX
GMX
$ 7.432
-0.58%
+4.01%
+11.49%
$ 77.00M
$ 10.55K
82
Orca
Orca
ORCA
$ 1.2481
-0.24%
+5.05%
+18.56%
$ 75.16M
$ 61.94K
83
Steakhouse USDC Morpho Vault
Steakhouse USDC Morpho Vault
STEAKUSDC
$ 1.14
0.00%
+0.00%
0.00%
$ 75.06M
--
84
Lista USD
Lista USD
LISUSD
$ 0.998268
0.00%
0.00%
+0.07%
$ 75.03M
$ 17.14K
85
Huma Finance
Huma Finance
HUMA
$ 0.02263
+1.04%
+2.37%
+11.25%
$ 73.21M
$ 2.79M
86
Turbo
Turbo
TURBO
$ 0.0010187
+1.28%
+1.75%
+26.83%
$ 69.58M
$ 207.39M
87
VELO
VELO
VELO
$ 0.003875
+0.08%
+3.19%
+28.51%
$ 68.17M
$ 25.22M
88
Numeraire
Numeraire
NMR
$ 9.116
-0.33%
+4.37%
+11.58%
$ 67.87M
$ 9.84K
89
CoW Protocol
CoW Protocol
COW
$ 0.1157
+0.17%
+0.09%
-10.41%
$ 66.30M
$ 954.16K
90
CyberDEX
CyberDEX
CYDX
$ 0.182245
+0.01%
0.00%
-0.01%
$ 63.31M
$ 5.66K
91
Treehouse ETH
Treehouse ETH
TETH
$ 3,032.63
-0.45%
+0.03%
+28.66%
$ 62.81M
$ 34.84K
92
Hydration
Hydration
HDX
$ 0.01059172
+0.06%
-0.03%
+10.27%
$ 62.67M
$ 232.93K
93
Bedrock
Bedrock
BR
$ 0.2373
-0.50%
-2.51%
+14.82%
$ 61.94M
$ 331.80K
94
SUSHI
SUSHI
SUSHI
$ 0.2196
+2.76%
+13.60%
+31.80%
$ 60.87M
$ 464.41K
95
Magma Finance
Magma Finance
MAGMA
$ 0.32085
-2.32%
+31.33%
+79.88%
$ 58.77M
$ 1.74M
96
Savings xDAI
Savings xDAI
SDAI
$ 1.25
-0.79%
+0.00%
+0.81%
$ 55.02M
$ 168.58K
97
Brazilian Digital
Brazilian Digital
BRZ
$ 0.192925
+0.64%
-0.00%
+1.26%
$ 55.01M
$ 7.73K
98
Spark
Spark
SPK
$ 0.01779
+1.13%
+0.34%
+24.25%
$ 54.99M
$ 4.86M
99
cETH
cETH
CETH
$ 48.81
-0.33%
+0.03%
+29.20%
$ 54.08M
--
100
BERA
BERA
BERA
$ 0.1952
+0.21%
+8.22%
+31.64%
$ 53.20M
$ 1.06M

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.