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
$ 2,322.39
-0.33%
+0.86%
+0.88%
$ 20.69B
$ 23.20
2
Hyperliquid
Hyperliquid
HYPE
$ 42.5
-1.19%
+0.19%
+0.12%
$ 10.98B
$ 18.72K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,903.56
-0.45%
+1.35%
+3.00%
$ 9.77B
$ 16.37M
4
Chainlink
Chainlink
LINK
$ 10.556
-1.00%
+3.30%
+6.79%
$ 7.06B
$ 95.16K
5
Dai
Dai
DAI
$ 0.999678
-0.01%
+0.04%
-0.01%
$ 4.40B
--
6
UNISWAP
UNISWAP
UNI
$ 3.936
-0.84%
+8.02%
+15.09%
$ 2.56B
$ 288.97K
7
Ondo
Ondo
ONDO
$ 0.4094
-0.59%
-1.39%
+10.86%
$ 2.03B
$ 1.51M
8
Aster
Aster
ASTER
$ 0.701
-0.67%
+2.41%
+6.10%
$ 1.86B
$ 4.55M
9
Sky Protocol
Sky Protocol
SKY
$ 0.07829
-0.69%
-0.60%
-1.65%
$ 1.85B
$ 1.12M
10
AaveToken
AaveToken
AAVE
$ 99.12
+0.46%
+7.15%
+9.11%
$ 1.58B
$ 8.00K
11
LAB
LAB
LAB
$ 4.62733
-0.61%
-2.97%
+24.04%
$ 1.42B
$ 296.20K
12
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.16
0.00%
-0.03%
0.00%
$ 1.30B
$ 1.07M
13
Ethena
Ethena
ENA
$ 0.13009
-3.11%
+2.44%
+7.75%
$ 1.21B
$ 7.58M
14
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.1032
-0.62%
+2.74%
+3.89%
$ 1.10B
$ 1.73M
15
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 105.93
-0.85%
+3.03%
+8.11%
$ 1.06B
$ 2.04M
16
MORPHO
MORPHO
MORPHO
$ 2.1387
-0.51%
+1.48%
+0.75%
$ 1.05B
$ 37.04K
17
DEXE
DEXE
DEXE
$ 12.449
-0.40%
+3.11%
+6.26%
$ 1.04B
$ 7.31K
18
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 4.15
-0.48%
+1.67%
+4.53%
$ 981.14M
$ 6.33M
19
Jupiter
Jupiter
JUP
$ 0.2663
+1.70%
+7.94%
+28.94%
$ 893.91M
$ 6.24M
20
JUST
JUST
JST
$ 0.08466
+0.59%
+1.16%
-0.11%
$ 722.46M
$ 1.33M
21
SEI
SEI
SEI
$ 0.07562
-2.99%
+10.67%
+23.18%
$ 534.47M
$ 12.86M
22
PancakeSwap
PancakeSwap
CAKE
$ 1.598
-0.86%
+4.04%
+4.11%
$ 529.73M
$ 882.28K
23
Terra Classic
Terra Classic
LUNC
$ 0.00009653
-2.61%
+1.20%
+1.61%
$ 528.70M
$ 10.99B
24
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.5195
-1.85%
+5.27%
+15.42%
$ 496.22M
$ 289.06K
25
Injective
Injective
INJ
$ 4.25
-1.53%
+1.87%
+9.42%
$ 430.97M
$ 280.53K
26
TIA
TIA
TIA
$ 0.4449
-1.40%
+3.15%
+16.60%
$ 419.22M
$ 2.98M
27
tBTC
tBTC
TBTC
$ 81,043
-0.47%
+0.86%
+1.50%
$ 418.62M
$ 3.08M
28
B
B
B
$ 0.40813
-0.89%
+6.20%
+19.63%
$ 410.55M
$ 1.65M
29
Curve
Curve
CRV
$ 0.257
-1.47%
+4.06%
+5.74%
$ 392.78M
$ 2.86M
30
SUN
SUN
SUN
$ 0.020389
-0.24%
+0.70%
+1.56%
$ 392.37M
$ 2.77M
31
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.4572
-1.26%
+4.88%
+7.33%
$ 391.73M
$ 5.43M
32
Lido DAO
Lido DAO
LDO
$ 0.4055
-0.97%
+4.71%
+6.09%
$ 355.16M
$ 401.64K
33
Gnosis
Gnosis
GNO
$ 132.06
-0.66%
+0.81%
+1.07%
$ 352.90M
$ 513.11
34
Zebec Network
Zebec Network
ZBCN
$ 0.0034786
-1.43%
+1.39%
+4.82%
$ 351.23M
$ 129.30M
35
Pyth Network
Pyth Network
PYTH
$ 0.0585
-1.09%
+2.91%
+12.54%
$ 345.86M
$ 7.64M
36
Pendle
Pendle
PENDLE
$ 1.958
-1.04%
-1.68%
+5.89%
$ 338.65M
$ 430.12K
37
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,497.24
-0.39%
+1.42%
+2.75%
$ 329.26M
$ 55.65K
38
Maple Finance
Maple Finance
SYRUP
$ 0.25508
-0.71%
+1.77%
+5.68%
$ 308.33M
$ 246.36K
39
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 131.82
-0.54%
+2.92%
+8.50%
$ 301.93M
$ 1.11M
40
Olympus
Olympus
OHM
$ 19.23
0.00%
+0.10%
-0.47%
$ 288.32M
$ 46.52K
41
MIOTAC
MIOTAC
IOTA
$ 0.0625
-1.52%
+3.01%
+7.17%
$ 280.34M
$ 1.31M
42
Lighter
Lighter
LIT
$ 1.0415
-2.36%
+0.65%
+7.87%
$ 264.95M
$ 98.30K
43
Lido Earn ETH
Lido Earn ETH
EARNETH
$ 2,380.98
+0.15%
+1.54%
+3.52%
$ 257.96M
$ 2.44K
44
Staked USDai
Staked USDai
SUSDAI
$ 1.084
0.00%
+0.03%
+0.09%
$ 257.78M
$ 743.66K
45
crvUSD
crvUSD
CRVUSD
$ 0.999846
0.00%
+0.00%
0.00%
$ 256.12M
$ 4.18M
46
JITO
JITO
JTO
$ 0.509
+0.47%
-4.43%
+7.66%
$ 241.60M
$ 348.46K
47
Raydium
Raydium
RAY
$ 0.864
-0.83%
+3.50%
+8.19%
$ 237.34M
$ 152.14K
48
Compound
Compound
COMP
$ 23
-0.51%
+1.70%
-0.43%
$ 233.35M
$ 2.38K
49
DeepBook
DeepBook
DEEP
$ 0.041261
-2.85%
+15.96%
+34.92%
$ 219.13M
$ 15.59M
50
ETHGAS
ETHGAS
GWEI
$ 0.12535
+0.02%
-1.48%
-4.30%
$ 217.89M
$ 2.60M

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.