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
Lido Staked ETH
Lido Staked ETH
STETH
$ 2,710.12
-0.05%
+0.59%
-0.46%
$ 26.72B
$ 19.71
2
Hyperliquid
Hyperliquid
HYPE
$ 92.66
+0.02%
+3.36%
+5.47%
$ 23.36B
$ 18.66K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 3,378.91
-0.04%
+0.00%
-0.72%
$ 12.46B
$ 13.28M
4
Chainlink
Chainlink
LINK
$ 14.069
-0.01%
+0.20%
-6.95%
$ 9.31B
$ 25.55K
5
UNISWAP
UNISWAP
UNI
$ 8.938
-0.18%
-0.37%
-0.62%
$ 5.62B
$ 36.71K
6
Bitway
Bitway
BTW
$ 1.217734
-0.17%
+3.66%
-6.21%
$ 3.57B
$ 1.47M
7
AaveToken
AaveToken
AAVE
$ 181.49
+0.28%
+0.62%
+4.29%
$ 2.79B
$ 1.29K
8
Ethena
Ethena
ENA
$ 0.25367
-0.55%
+8.52%
-0.62%
$ 2.59B
$ 166.55M
9
Ondo
Ondo
ONDO
$ 0.50052
-0.47%
+2.16%
-2.88%
$ 2.45B
$ 1.42M
10
Sky Protocol
Sky Protocol
SKY
$ 0.09889
+0.85%
+7.16%
+17.26%
$ 2.31B
$ 1.27M
11
Aster
Aster
ASTER
$ 0.7303
+0.57%
+3.65%
+1.14%
$ 1.99B
$ 3.39M
12
MORPHO
MORPHO
MORPHO
$ 2.6835
-0.05%
-1.16%
+3.86%
$ 1.44B
$ 32.17K
13
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 136.66
-0.02%
-0.00%
-0.39%
$ 1.25B
$ 617.99K
14
JUST
JUST
JST
$ 0.13959
+0.65%
+0.48%
+8.24%
$ 1.15B
$ 607.22K
15
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.10716
-0.32%
-0.83%
-12.43%
$ 1.15B
$ 1.83M
16
Jupiter
Jupiter
JUP
$ 0.332
-0.12%
+1.67%
+1.42%
$ 1.11B
$ 732.55K
17
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.19
0.00%
0.00%
0.00%
$ 1.01B
$ 11.23M
18
Lighter
Lighter
LIT
$ 3.9036
+0.06%
+8.30%
-12.34%
$ 976.78M
$ 3.45M
19
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 4.9
0.00%
-0.00%
+0.20%
$ 945.75M
$ 4.74M
20
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.8555
+0.55%
+0.67%
+4.30%
$ 862.70M
$ 5.66M
21
PancakeSwap
PancakeSwap
CAKE
$ 2.482
-0.28%
-0.44%
-3.85%
$ 825.38M
$ 369.41K
22
Injective
Injective
INJ
$ 7.549
-0.20%
+0.08%
-2.00%
$ 755.38M
$ 300.75K
23
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.7553
-0.07%
+2.50%
+0.14%
$ 733.47M
$ 4.42M
24
Pyth Network
Pyth Network
PYTH
$ 0.07846
-0.53%
+1.83%
+0.14%
$ 623.38M
$ 6.69M
25
Curve
Curve
CRV
$ 0.3772
-0.81%
+2.13%
-6.09%
$ 593.36M
$ 2.04M
26
SEI
SEI
SEI
$ 0.07273
-0.50%
+0.26%
-1.70%
$ 556.97M
$ 5.17M
27
Raydium
Raydium
RAY
$ 2.0167
-0.41%
-2.26%
+6.60%
$ 551.17M
$ 70.01K
28
Staked USDai
Staked USDai
SUSDAI
$ 1.12
0.00%
0.00%
0.00%
$ 486.64M
$ 5.66M
29
Staked Aave
Staked Aave
STKAAVE
$ 179.81
+0.03%
+0.01%
+4.80%
$ 448.92M
$ 988.13
30
Pendle
Pendle
PENDLE
$ 2.544
+2.43%
+5.80%
+7.70%
$ 446.76M
$ 277.50K
31
TIA
TIA
TIA
$ 0.4695
-0.96%
+0.87%
+2.68%
$ 436.51M
$ 2.12M
32
Plasma
Plasma
XPL
$ 0.0951
-0.61%
-0.18%
-4.39%
$ 433.48M
$ 6.35M
33
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,922.33
-0.02%
+0.01%
-0.34%
$ 424.78M
$ 65.99K
34
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.14
0.00%
0.00%
0.00%
$ 414.79M
$ 5.11K
35
Derive
Derive
DRV
$ 0.409181
+0.07%
-0.00%
+4.43%
$ 409.04M
$ 8.55M
36
Falcon Finance
Falcon Finance
FF
$ 0.1174
-0.08%
+3.76%
-1.31%
$ 396.15M
$ 779.74K
37
Lido DAO
Lido DAO
LDO
$ 0.4642
-0.83%
+3.11%
+0.34%
$ 387.41M
$ 643.13K
38
tBTC
tBTC
TBTC
$ 86,093
+0.01%
+0.01%
+2.21%
$ 357.48M
$ 1.61M
39
SUN
SUN
SUN
$ 0.017208
+0.03%
+0.26%
+0.32%
$ 331.08M
$ 9.36M
40
Gnosis
Gnosis
GNO
$ 120.49
+0.13%
+1.28%
-0.30%
$ 318.72M
$ 508.53
41
JITO
JITO
JTO
$ 0.5759
-0.76%
+4.03%
+2.08%
$ 305.54M
$ 258.92K
42
Olympus
Olympus
OHM
$ 20.25
0.00%
0.00%
+0.10%
$ 302.53M
$ 55.01K
43
Maple Finance
Maple Finance
SYRUP
$ 0.25375
+0.58%
+0.82%
+0.05%
$ 301.72M
$ 542.77K
44
Ethena Staked ENA
Ethena Staked ENA
SENA
$ 0.261679
-0.78%
+0.09%
+2.80%
$ 300.13M
$ 927.27K
45
Terra Classic
Terra Classic
LUNC
$ 0.000053
+0.28%
+0.51%
-1.37%
$ 293.19M
$ 2.14B
46
MIOTAC
MIOTAC
IOTA
$ 0.05927
+0.53%
-2.53%
+6.33%
$ 275.49M
$ 2.67M
47
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 169.7
-0.14%
-0.00%
-0.36%
$ 271.96M
$ 1.81M
48
THORChain
THORChain
RUNE
$ 0.7815
+0.19%
-1.37%
+0.60%
$ 257.15M
$ 1.03M
49
Zebec Network
Zebec Network
ZBCN
$ 0.0025407
-0.35%
+2.03%
+2.78%
$ 253.54M
$ 82.23M
50
Compound
Compound
COMP
$ 24.85
+0.16%
+0.12%
-1.23%
$ 248.50M
$ 2.28K

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.