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
$ 62.44
-0.40%
-0.64%
-0.32%
$ 15.85B
$ 16.37K
2
Lido Staked ETH
Lido Staked ETH
STETH
$ 1,573.28
-0.07%
-0.13%
-4.46%
$ 14.19B
$ 37.02
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 1,948.82
-0.49%
+0.52%
-4.62%
$ 7.20B
$ 2.12M
4
Chainlink
Chainlink
LINK
$ 7.298
-0.01%
-0.01%
-2.82%
$ 4.82B
$ 119.32K
5
LAB
LAB
LAB
$ 15.83511
+1.94%
-17.68%
-8.30%
$ 4.54B
$ 33.10K
6
DEXE
DEXE
DEXE
$ 21.937
+1.30%
-1.27%
-4.39%
$ 1.84B
$ 3.81K
7
UNISWAP
UNISWAP
UNI
$ 2.935
-0.10%
-0.07%
+3.66%
$ 1.83B
$ 46.28K
8
Aster
Aster
ASTER
$ 0.6323
-0.30%
+1.40%
+2.19%
$ 1.70B
$ 1.24M
9
Ondo
Ondo
ONDO
$ 0.31049
-0.12%
+0.15%
-0.11%
$ 1.52B
$ 387.64K
10
AaveToken
AaveToken
AAVE
$ 91.33
-0.39%
+0.70%
+27.63%
$ 1.41B
$ 10.66K
11
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.17
0.00%
+0.00%
0.00%
$ 1.29B
$ 1.30M
12
Sky Protocol
Sky Protocol
SKY
$ 0.05005
-0.02%
-0.04%
-12.07%
$ 1.16B
$ 1.12M
13
MORPHO
MORPHO
MORPHO
$ 1.7969
+0.01%
+0.81%
+4.58%
$ 899.19M
$ 48.43K
14
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.44
-0.29%
+1.06%
+1.47%
$ 772.73M
$ 4.28M
15
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.07168
-0.13%
+0.38%
-6.42%
$ 765.06M
$ 1.96M
16
JUST
JUST
JST
$ 0.08761
-0.41%
+2.15%
+8.37%
$ 752.53M
$ 953.84K
17
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 81.32
+0.04%
+2.46%
+5.78%
$ 741.81M
$ 1.37M
18
Ethena
Ethena
ENA
$ 0.07816
-0.28%
+2.37%
-7.85%
$ 731.14M
$ 9.84M
19
Velvet
Velvet
VELVET
$ 1.65958
-3.20%
+5.07%
+244.79%
$ 710.64M
$ 5.03M
20
Jupiter
Jupiter
JUP
$ 0.21
-0.14%
-3.84%
+4.57%
$ 699.26M
$ 1.12M
21
Injective
Injective
INJ
$ 4.669
+0.93%
+0.68%
+3.60%
$ 474.96M
$ 236.56K
22
PancakeSwap
PancakeSwap
CAKE
$ 1.344
-0.15%
+0.52%
+2.04%
$ 474.31M
$ 426.98K
23
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.4688
-0.38%
+0.32%
-9.16%
$ 450.50M
$ 890.84K
24
Lighter
Lighter
LIT
$ 1.7303
-0.02%
-5.51%
+10.60%
$ 430.25M
$ 70.86K
25
JITO
JITO
JTO
$ 0.8315
-1.88%
+3.46%
+29.47%
$ 398.93M
$ 243.00K
26
SEI
SEI
SEI
$ 0.04978
-0.38%
-0.46%
-4.50%
$ 361.11M
$ 2.75M
27
TIA
TIA
TIA
$ 0.3801
-0.42%
+1.38%
+0.95%
$ 351.23M
$ 2.03M
28
Terra Classic
Terra Classic
LUNC
$ 0.00006127
-0.05%
+1.36%
-4.04%
$ 341.12M
$ 2.42B
29
SUN
SUN
SUN
$ 0.016763
-0.05%
+0.04%
-3.18%
$ 322.43M
$ 7.45M
30
ETHGAS
ETHGAS
GWEI
$ 0.19246
+2.01%
+35.29%
+49.74%
$ 313.22M
$ 2.96M
31
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.3424
-0.63%
-0.03%
+6.82%
$ 303.48M
$ 2.64M
32
Staked USDai
Staked USDai
SUSDAI
$ 1.092
0.00%
-0.02%
0.00%
$ 297.42M
$ 1.63M
33
tBTC
tBTC
TBTC
$ 59,821
-0.18%
-0.12%
-3.99%
$ 296.51M
$ 1.68M
34
Curve
Curve
CRV
$ 0.1895
-0.26%
-1.04%
-7.03%
$ 288.93M
$ 1.39M
35
Gnosis
Gnosis
GNO
$ 109.15
+0.33%
+3.49%
+3.59%
$ 287.52M
$ 556.78
36
Pyth Network
Pyth Network
PYTH
$ 0.0364
-1.01%
+6.34%
+4.02%
$ 285.47M
$ 9.39M
37
Olympus
Olympus
OHM
$ 15.76
-0.51%
+0.65%
-1.07%
$ 235.37M
$ 140.90K
38
Zebec Network
Zebec Network
ZBCN
$ 0.0022779
+0.10%
-1.83%
-1.75%
$ 230.08M
$ 69.28M
39
Pendle
Pendle
PENDLE
$ 1.312
+1.83%
+5.71%
+2.23%
$ 227.60M
$ 318.76K
40
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 1,680.85
0.00%
0.00%
-4.48%
$ 227.06M
$ 18.36
41
B
B
B
$ 0.21984
+0.69%
-2.73%
-4.00%
$ 221.02M
$ 460.60K
42
Telcoin
Telcoin
TEL
$ 0.002274
+0.04%
-2.56%
-6.88%
$ 219.82M
$ 41.38M
43
Lido DAO
Lido DAO
LDO
$ 0.2502
+0.28%
+1.37%
-1.41%
$ 212.31M
$ 448.50K
44
Staked Aave
Staked Aave
STKAAVE
$ 90.55
-0.26%
+0.73%
+26.64%
$ 195.93M
$ 16.31K
45
Falcon Finance
Falcon Finance
FF
$ 0.06594
-0.06%
-1.30%
+0.50%
$ 189.75M
$ 839.89K
46
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.11
0.00%
-0.01%
0.00%
$ 180.61M
$ 22.29K
47
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 100.57
-0.34%
+2.52%
+5.35%
$ 176.66M
$ 900.74K
48
Plasma
Plasma
XPL
$ 0.09702
-0.66%
-2.75%
+16.50%
$ 175.37M
$ 4.36M
49
crvUSD
crvUSD
CRVUSD
$ 0.998582
-0.01%
+0.01%
-0.05%
$ 170.88M
$ 4.40M
50
Raydium
Raydium
RAY
$ 0.6258
+0.06%
+1.74%
+4.96%
$ 168.57M
$ 95.01K

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.