Top Decentralised Finance (DeFi) Tokens by Market Capitalisation

Decentralised Finance (DeFi) protocols utilise 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 centralised 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
Hyperliquid
Hyperliquid
HYPE
$ 64.04
-1.57%
-0.44%
-10.24%
$ 16.09B
$ 42.93K
2
Lido Staked ETH
Lido Staked ETH
STETH
$ 1,572.45
+0.16%
+0.24%
-9.75%
$ 14.15B
$ 36.86
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 1,945.71
+0.02%
+0.88%
-9.75%
$ 7.16B
$ 6.08M
4
LAB
LAB
LAB
$ 19.36595
-0.46%
+5.98%
+41.73%
$ 5.84B
$ 30.22K
5
Chainlink
Chainlink
LINK
$ 7.313
-0.33%
+0.80%
-8.60%
$ 4.80B
$ 232.14K
6
UNISWAP
UNISWAP
UNI
$ 2.97
-0.20%
+3.23%
-1.92%
$ 1.85B
$ 72.31K
7
DEXE
DEXE
DEXE
$ 21.454
+1.09%
-9.54%
+33.68%
$ 1.73B
$ 7.98K
8
Aster
Aster
ASTER
$ 0.6296
-0.11%
+1.30%
-3.10%
$ 1.70B
$ 2.22M
9
Ondo
Ondo
ONDO
$ 0.31597
-0.67%
+1.00%
-8.57%
$ 1.53B
$ 827.42K
10
AaveToken
AaveToken
AAVE
$ 94.55
-0.77%
+14.75%
+21.72%
$ 1.44B
$ 17.52K
11
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.17
0.00%
+0.02%
0.00%
$ 1.29B
$ 24.32M
12
Sky Protocol
Sky Protocol
SKY
$ 0.04995
+0.22%
-3.34%
-14.57%
$ 1.16B
$ 1.08M
13
MORPHO
MORPHO
MORPHO
$ 1.7343
-0.29%
+1.18%
-4.67%
$ 866.69M
$ 59.17K
14
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.43
0.00%
+4.46%
-2.56%
$ 769.53M
$ 7.13M
15
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.07136
-0.41%
-0.95%
-11.67%
$ 758.02M
$ 3.45M
16
Jupiter
Jupiter
JUP
$ 0.2288
-0.53%
+0.90%
+5.39%
$ 747.07M
$ 1.29M
17
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 80.44
-0.24%
+8.95%
-2.33%
$ 742.11M
$ 2.39M
18
Ethena
Ethena
ENA
$ 0.07913
-0.69%
-3.43%
-11.48%
$ 734.67M
$ 17.85M
19
JUST
JUST
JST
$ 0.08196
-0.10%
+0.44%
-3.11%
$ 699.22M
$ 766.80K
20
Injective
Injective
INJ
$ 4.783
-0.80%
+10.61%
-6.61%
$ 472.96M
$ 780.11K
21
PancakeSwap
PancakeSwap
CAKE
$ 1.34
-0.37%
+1.59%
-2.83%
$ 470.79M
$ 354.83K
22
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.4737
+0.08%
-0.73%
-14.84%
$ 450.59M
$ 669.09K
23
Lighter
Lighter
LIT
$ 1.8045
+0.01%
+11.31%
+15.20%
$ 446.93M
$ 98.50K
24
JITO
JITO
JTO
$ 0.8394
-0.36%
+26.20%
+25.45%
$ 415.99M
$ 487.98K
25
SEI
SEI
SEI
$ 0.05305
+0.19%
-7.68%
-3.68%
$ 378.21M
$ 4.73M
26
Terra Classic
Terra Classic
LUNC
$ 0.00006406
+0.42%
+4.97%
-6.89%
$ 352.15M
$ 3.82B
27
TIA
TIA
TIA
$ 0.3792
+0.40%
+6.71%
+1.96%
$ 349.57M
$ 2.89M
28
SUN
SUN
SUN
$ 0.016762
-0.07%
-0.78%
-3.13%
$ 321.64M
$ 7.87M
29
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.3579
-0.96%
-3.63%
+3.94%
$ 318.18M
$ 9.56M
30
tBTC
tBTC
TBTC
$ 59,626
+0.05%
+0.54%
-7.10%
$ 298.50M
$ 9.27M
31
Staked USDai
Staked USDai
SUSDAI
$ 1.092
0.00%
-0.02%
+0.09%
$ 297.33M
$ 3.67M
32
Curve
Curve
CRV
$ 0.1929
-0.41%
-0.21%
-9.93%
$ 293.03M
$ 2.51M
33
Velvet
Velvet
VELVET
$ 0.67661
-4.12%
+34.97%
+40.86%
$ 285.27M
$ 4.76M
34
Gnosis
Gnosis
GNO
$ 104.5
-0.12%
+1.24%
-3.41%
$ 276.30M
$ 610.78
35
Pyth Network
Pyth Network
PYTH
$ 0.03437
+1.57%
+5.85%
-5.76%
$ 270.74M
$ 10.25M
36
B
B
B
$ 0.23991
+0.06%
+14.18%
+5.76%
$ 240.42M
$ 605.73K
37
Zebec Network
Zebec Network
ZBCN
$ 0.0023792
-0.23%
+0.98%
-4.60%
$ 239.18M
$ 49.62M
38
Olympus
Olympus
OHM
$ 15.98
-0.25%
+1.41%
+0.19%
$ 238.72M
$ 7.04K
39
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 1,677.37
+0.14%
+0.54%
-9.20%
$ 226.74M
$ 27.47K
40
Telcoin
Telcoin
TEL
$ 0.002353
+0.26%
-0.55%
-1.63%
$ 226.06M
$ 37.16M
41
ETHGAS
ETHGAS
GWEI
$ 0.12819
0.00%
+4.71%
+17.28%
$ 223.37M
$ 123.18K
42
Pendle
Pendle
PENDLE
$ 1.271
-0.39%
+1.60%
-10.01%
$ 216.50M
$ 343.76K
43
Bitway
Bitway
BTW
$ 0.097087
-1.12%
-2.86%
-26.41%
$ 210.34M
$ 113.55M
44
Lido DAO
Lido DAO
LDO
$ 0.2479
-0.28%
+1.02%
-10.75%
$ 209.19M
$ 431.14K
45
Staked Aave
Staked Aave
STKAAVE
$ 93.08
+0.33%
+14.41%
+21.94%
$ 201.70M
$ 22.63K
46
Falcon Finance
Falcon Finance
FF
$ 0.06616
-0.11%
-0.52%
-6.97%
$ 190.99M
$ 864.04K
47
Plasma
Plasma
XPL
$ 0.10361
+1.00%
+1.76%
+11.78%
$ 190.91M
$ 19.29M
48
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.11
0.00%
+0.01%
0.00%
$ 180.86M
$ 64.80K
49
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 99.8
-0.29%
+9.24%
-2.11%
$ 179.47M
$ 1.48M
50
MIOTAC
MIOTAC
IOTA
$ 0.03859
-0.64%
+2.90%
-14.70%
$ 173.49M
$ 1.79M

Frequently Asked Questions

What does Decentralised Finance (DeFi) mean in the Web3 ecosystem?
Decentralised Finance (DeFi) represents a financial system built entirely on blockchain networks. DeFi utilises smart contracts to offer lending, borrowing, and trading services without relying on centralised 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 Decentralised 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 decentralised 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.