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
Plasma
Plasma
XPL
$ 0.08963
-2.81%
+12.81%
+36.33%
$ 189.72M
$ 143.71M
52
Telcoin
Telcoin
TEL
$ 0.001997
+0.31%
+6.75%
+33.22%
$ 188.40M
$ 92.16M
53
Coinbase Wrapped XRP
Coinbase Wrapped XRP
CBXRP
$ 1.59
+1.27%
+0.21%
+59.13%
$ 186.76M
$ 14.66M
54
Ethena Staked ENA
Ethena Staked ENA
SENA
$ 0.162122
+2.07%
+0.30%
+90.98%
$ 179.29M
$ 1.39M
55
DEXE
DEXE
DEXE
$ 2
+0.73%
+7.07%
+7.01%
$ 172.49M
$ 114.15K
56
BUILDon
BUILDon
B
$ 0.15377
+3.84%
+13.45%
+17.19%
$ 171.59M
$ 1.00M
57
THORChain
THORChain
RUNE
$ 0.4686
-0.19%
+6.06%
+14.85%
$ 162.22M
$ 946.64K
58
Frax Ether
Frax Ether
FRXETH
$ 2,503.76
-0.36%
+0.07%
+33.66%
$ 154.83M
$ 1.33M
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
$ 0.04
+0.03%
-0.47%
+5.34%
$ 138.20M
$ 1.73M
61
1INCH
1INCH
1INCH
$ 0.09378
-0.56%
+7.90%
+16.50%
$ 135.93M
$ 823.38K
62
AWE Network
AWE Network
AWE
$ 0.06736
+0.23%
+6.10%
+8.69%
$ 134.53M
$ 827.27K
63
Kamino
Kamino
KMNO
$ 0.02475
-1.05%
+20.60%
+41.83%
$ 123.54M
$ 4.28M
64
syrupUSDG
syrupUSDG
SYRUPUSDG
$ 1.007
0.00%
0.00%
-0.10%
$ 120.64M
$ 25.09K
65
Bybit Staked SOL
Bybit Staked SOL
BBSOL
$ 113.23
-0.26%
+0.09%
+28.85%
$ 117.71M
$ 2.13M
66
RealLink
RealLink
REAL
$ 0.0819
-0.70%
+3.79%
+14.49%
$ 114.51M
$ 3.19M
67
dYdX
dYdX
DYDX
$ 0.12577
+2.84%
+14.05%
+21.85%
$ 111.81M
$ 2.24M
68
Instadapp
Instadapp
FLUID
$ 1.3677
0.00%
+8.45%
+19.54%
$ 110.82M
$ 2.69K
69
Stargate Finance
Stargate Finance
STG
$ 0.1595
-0.42%
+9.83%
+15.54%
$ 110.05M
$ 385.59K
70
SoSoValue
SoSoValue
SOSO
$ 0.3225
+0.06%
+0.41%
-2.52%
$ 109.85M
$ 322.73K
71
Nexus Mutual
Nexus Mutual
NXM
$ 64.02
-0.36%
+0.05%
+27.20%
$ 108.50M
--
72
Staked Frax Ether
Staked Frax Ether
SFRXETH
$ 2,912.08
-0.06%
+0.07%
+33.41%
$ 107.25M
$ 19.90K
73
Horizen
Horizen
ZEN
$ 5.141
-2.47%
+27.81%
+46.54%
$ 105.73M
$ 58.72K
74
Reserve Rights
Reserve Rights
RSR
$ 0.001465
-0.06%
+9.09%
+36.10%
$ 98.33M
$ 71.72M
75
Origin Ether
Origin Ether
OETH
$ 2,513.37
-0.14%
+0.07%
+33.72%
$ 91.62M
$ 231.63K
76
YearnFinance
YearnFinance
YFI
$ 2,354.6
-0.16%
+11.81%
+26.56%
$ 87.64M
$ 36.49
77
Derive
Derive
DRV
$ 0.11871
-0.06%
+3.30%
-2.17%
$ 86.95M
$ 557.31K
78
DeepBook
DeepBook
DEEP
$ 0.01495
+0.46%
+4.50%
+16.46%
$ 86.50M
$ 7.25M
79
SNX
SNX
SNX
$ 0.2291
+0.04%
+14.76%
+24.84%
$ 85.20M
$ 419.09K
80
0x
0x
ZRX
$ 0.09666
-0.37%
+15.82%
+30.52%
$ 84.65M
$ 736.17K
81
GMX
GMX
GMX
$ 7.473
-1.27%
+10.67%
+17.06%
$ 80.90M
$ 10.28K
82
Orca
Orca
ORCA
$ 1.2255
+0.53%
+12.26%
+26.04%
$ 79.75M
$ 52.32K
83
Steakhouse USDC Morpho Vault
Steakhouse USDC Morpho Vault
STEAKUSDC
$ 1.14
0.00%
+0.00%
0.00%
$ 75.22M
--
84
Lista USD
Lista USD
LISUSD
$ 0.998461
0.00%
0.00%
+0.08%
$ 75.05M
$ 104.78K
85
Turbo
Turbo
TURBO
$ 0.0009959
-2.92%
+11.94%
+36.46%
$ 74.68M
$ 181.64M
86
Huma Finance
Huma Finance
HUMA
$ 0.02195
-0.22%
+4.30%
+13.78%
$ 74.31M
$ 2.71M
87
CoW Protocol
CoW Protocol
COW
$ 0.1101
-0.71%
+9.51%
-10.10%
$ 72.67M
$ 864.70K
88
VELO
VELO
VELO
$ 0.004063
-0.61%
+10.14%
+33.59%
$ 71.19M
$ 24.10M
89
Numeraire
Numeraire
NMR
$ 9.059
+0.02%
+8.97%
+15.09%
$ 69.88M
$ 8.84K
90
Treehouse ETH
Treehouse ETH
TETH
$ 3,138.84
-0.16%
+0.07%
+33.52%
$ 64.97M
$ 36.27K
91
Hydration
Hydration
HDX
$ 0.01079583
+0.05%
-0.01%
+13.00%
$ 63.89M
$ 243.65K
92
CyberDEX
CyberDEX
CYDX
$ 0.182234
0.00%
0.00%
-0.01%
$ 63.31M
$ 3.78K
93
SUSHI
SUSHI
SUSHI
$ 0.2059
+0.42%
+16.63%
+35.93%
$ 61.96M
$ 436.34K
94
Bedrock
Bedrock
BR
$ 0.235
-0.63%
-1.13%
+11.70%
$ 61.84M
$ 327.92K
95
Magma Finance
Magma Finance
MAGMA
$ 0.29866
-0.26%
+35.19%
+86.60%
$ 61.08M
$ 1.61M
96
Tellor Tributes
Tellor Tributes
TRB
$ 20.77
-1.84%
+0.40%
+58.31%
$ 58.31M
$ 53.83M
97
Spark
Spark
SPK
$ 0.01732
+1.59%
+6.15%
+29.68%
$ 56.99M
$ 4.98M
98
BERA
BERA
BERA
$ 0.1909
-0.34%
+17.30%
+39.79%
$ 56.30M
$ 875.72K
99
cETH
cETH
CETH
$ 50.71
+0.36%
+0.07%
+34.30%
$ 56.18M
--
100
Brazilian Digital
Brazilian Digital
BRZ
$ 0.193145
+0.14%
-0.00%
+1.36%
$ 55.13M
$ 7.76K

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.