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
$ 1,864.48
+0.13%
-0.56%
-2.13%
$ 16.76B
$ 29.63
2
Hyperliquid
Hyperliquid
HYPE
$ 54
+0.04%
-1.73%
-6.69%
$ 13.71B
$ 14.64K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,314.98
+0.32%
-0.00%
-2.44%
$ 8.60B
$ 5.96M
4
Chainlink
Chainlink
LINK
$ 8.573
+1.00%
+3.85%
+4.61%
$ 5.65B
$ 96.63K
5
UNISWAP
UNISWAP
UNI
$ 3.733
+0.19%
-5.40%
-11.01%
$ 2.32B
$ 135.14K
6
Aster
Aster
ASTER
$ 0.6012
+0.10%
-0.35%
-0.97%
$ 1.63B
$ 477.73K
7
Ondo
Ondo
ONDO
$ 0.33374
+0.32%
-3.75%
-12.69%
$ 1.62B
$ 859.73K
8
AaveToken
AaveToken
AAVE
$ 86.96
+0.38%
-3.26%
-4.65%
$ 1.34B
$ 2.90K
9
Sky Protocol
Sky Protocol
SKY
$ 0.05245
-0.34%
-0.68%
-7.23%
$ 1.22B
$ 1.08M
10
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
0.00%
0.00%
$ 1.07B
$ 1.42M
11
MORPHO
MORPHO
MORPHO
$ 1.9579
-0.32%
+1.03%
+2.04%
$ 980.10M
$ 60.88K
12
JUST
JUST
JST
$ 0.10073
+0.49%
-0.78%
-3.35%
$ 859.08M
$ 655.67K
13
Ethena
Ethena
ENA
$ 0.08927
+1.04%
+1.64%
-2.68%
$ 834.21M
$ 2.82M
14
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.07585
-0.24%
-1.77%
+1.32%
$ 808.98M
$ 1.87M
15
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.61
0.00%
-0.00%
0.00%
$ 776.42M
$ 1.66M
16
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 84.36
+0.08%
-0.00%
+0.68%
$ 767.72M
$ 548.62K
17
Lighter
Lighter
LIT
$ 2.4286
-0.04%
+0.68%
+13.74%
$ 607.20M
$ 175.23K
18
Jupiter
Jupiter
JUP
$ 0.176
+0.46%
-3.29%
-6.91%
$ 585.70M
$ 1.46M
19
PancakeSwap
PancakeSwap
CAKE
$ 1.454
+0.41%
+0.62%
+1.61%
$ 510.91M
$ 317.65K
20
Injective
Injective
INJ
$ 4.475
+1.05%
+1.78%
-8.89%
$ 451.57M
$ 239.58K
21
Bitway
Bitway
BTW
$ 0.198377
+0.71%
+5.68%
+34.68%
$ 437.59M
$ 3.89M
22
Curve
Curve
CRV
$ 0.2673
+3.22%
+10.71%
+32.68%
$ 413.76M
$ 8.59M
23
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.4157
-0.17%
-0.05%
-2.75%
$ 394.86M
$ 152.31K
24
Staked USDai
Staked USDai
SUSDAI
$ 1.1
0.00%
0.00%
0.00%
$ 354.24M
$ 1.89M
25
SUN
SUN
SUN
$ 0.018245
-0.06%
+0.30%
+1.47%
$ 350.93M
$ 4.96M
26
Pyth Network
Pyth Network
PYTH
$ 0.0422
+1.20%
-1.31%
+8.11%
$ 331.62M
$ 5.84M
27
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.3707
+0.03%
-5.23%
+0.54%
$ 327.34M
$ 3.69M
28
tBTC
tBTC
TBTC
$ 63,482
+0.19%
-0.00%
-1.83%
$ 295.76M
$ 12.83M
29
Terra Classic
Terra Classic
LUNC
$ 0.00005349
+1.07%
+5.87%
+5.56%
$ 292.46M
$ 3.27B
30
SEI
SEI
SEI
$ 0.03997
+0.12%
-3.95%
-3.98%
$ 289.22M
$ 1.64M
31
TIA
TIA
TIA
$ 0.3073
+0.98%
-5.89%
-8.79%
$ 283.52M
$ 1.19M
32
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 1,986.83
+0.45%
-0.00%
-0.62%
$ 282.48M
$ 2.02K
33
Velvet
Velvet
VELVET
$ 0.62606
+6.41%
+53.88%
+20.80%
$ 279.98M
$ 3.12M
34
Olympus
Olympus
OHM
$ 18.67
+0.05%
0.00%
-0.43%
$ 278.95M
$ 222.91K
35
Gnosis
Gnosis
GNO
$ 103.27
-0.31%
-1.11%
-2.27%
$ 272.42M
$ 545.83
36
JITO
JITO
JTO
$ 0.5445
+0.86%
-1.76%
+4.83%
$ 261.38M
$ 120.36K
37
Lido DAO
Lido DAO
LDO
$ 0.2871
+0.92%
-2.48%
-5.23%
$ 241.47M
$ 317.86K
38
Pendle
Pendle
PENDLE
$ 1.321
+0.45%
-2.64%
-6.09%
$ 226.58M
$ 203.24K
39
crvUSD
crvUSD
CRVUSD
$ 0.999436
-0.01%
0.00%
+0.04%
$ 214.88M
$ 9.84M
40
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.12
0.00%
0.00%
0.00%
$ 213.30M
$ 87.61K
41
Staked Aave
Staked Aave
STKAAVE
$ 86.44
+0.78%
-0.03%
-4.27%
$ 211.86M
$ 71.60K
42
Falcon Finance
Falcon Finance
FF
$ 0.06534
+1.34%
-0.88%
+1.84%
$ 187.42M
$ 1.06M
43
Maple Finance
Maple Finance
SYRUP
$ 0.14773
-0.35%
-1.52%
-7.84%
$ 178.02M
$ 401.15K
44
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 104.6
+0.34%
-0.01%
+0.61%
$ 176.72M
$ 361.06K
45
Raydium
Raydium
RAY
$ 0.6254
+0.72%
-0.99%
+0.32%
$ 168.70M
$ 93.67K
46
DEXE
DEXE
DEXE
$ 1.996
+0.20%
-6.61%
-12.13%
$ 166.88M
$ 123.39K
47
Lido Earn ETH
Lido Earn ETH
EARNETH
$ 1,888.39
+0.27%
-0.00%
-2.31%
$ 163.08M
--
48
Compound
Compound
COMP
$ 16.27
+0.37%
-1.87%
-1.03%
$ 162.80M
$ 3.75K
49
Convex Finance
Convex Finance
CVX
$ 1.645
+0.18%
-2.36%
+15.78%
$ 162.68M
$ 73.29K
50
Zebec Network
Zebec Network
ZBCN
$ 0.0016272
-0.63%
-5.34%
-9.67%
$ 161.35M
$ 140.48M

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.