Top Decentralized Finance (DeFi) Tokens by Market Capitalization

Decentralized Finance (DeFi) protocols utilize 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 centralized 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
$ 1,919.5
-0.11%
+0.23%
+1.94%
$ 17.26B
$ 28.05
2
Hyperliquid
Hyperliquid
HYPE
$ 54.94
-0.25%
+1.78%
+4.42%
$ 13.95B
$ 9.60K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,382.46
-0.06%
+0.00%
+1.96%
$ 8.82B
$ 3.53M
4
Chainlink
Chainlink
LINK
$ 8.321
-0.07%
+1.92%
-0.39%
$ 5.48B
$ 22.58K
5
UNISWAP
UNISWAP
UNI
$ 4.001
-0.25%
+0.90%
-3.83%
$ 2.50B
$ 47.78K
6
Ondo
Ondo
ONDO
$ 0.35248
-0.33%
+1.73%
-7.01%
$ 1.72B
$ 887.19K
7
Aster
Aster
ASTER
$ 0.6042
-0.53%
+0.52%
-0.17%
$ 1.63B
$ 473.45K
8
AaveToken
AaveToken
AAVE
$ 91.38
-0.13%
+1.87%
-0.60%
$ 1.41B
$ 2.21K
9
Sky Protocol
Sky Protocol
SKY
$ 0.05408
-0.04%
-0.86%
-3.70%
$ 1.26B
$ 983.88K
10
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
0.00%
0.00%
$ 1.10B
$ 4.20M
11
MORPHO
MORPHO
MORPHO
$ 1.9299
-0.33%
+4.91%
-0.57%
$ 969.55M
$ 46.96K
12
JUST
JUST
JST
$ 0.10049
-0.07%
-4.28%
-5.17%
$ 861.04M
$ 594.00K
13
Ethena
Ethena
ENA
$ 0.09
-0.40%
-1.13%
+0.88%
$ 837.37M
$ 2.74M
14
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.07616
+0.21%
+1.98%
+4.76%
$ 814.42M
$ 1.28M
15
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.66
0.00%
+0.02%
+2.23%
$ 801.44M
$ 1.38M
16
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 85.72
+0.01%
+0.03%
+3.81%
$ 776.73M
$ 880.10K
17
Jupiter
Jupiter
JUP
$ 0.1844
-0.32%
+2.77%
-5.07%
$ 615.25M
$ 1.18M
18
Lighter
Lighter
LIT
$ 2.2904
+0.31%
+0.01%
+12.96%
$ 573.63M
$ 157.81K
19
PancakeSwap
PancakeSwap
CAKE
$ 1.438
-0.07%
+2.13%
-0.62%
$ 505.28M
$ 278.86K
20
Bitway
Bitway
BTW
$ 0.202276
+2.26%
-5.52%
+148.70%
$ 441.97M
$ 15.86M
21
Injective
Injective
INJ
$ 4.407
-0.32%
-2.04%
-13.14%
$ 440.87M
$ 203.22K
22
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.4349
-0.16%
-1.00%
+9.52%
$ 415.25M
$ 152.72K
23
Staked USDai
Staked USDai
SUSDAI
$ 1.1
0.00%
0.00%
0.00%
$ 353.57M
$ 631.79K
24
SUN
SUN
SUN
$ 0.018032
+0.05%
+0.46%
+0.42%
$ 346.66M
$ 3.73M
25
Curve
Curve
CRV
$ 0.2275
-0.70%
+6.72%
+11.60%
$ 344.29M
$ 1.99M
26
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.3827
-0.60%
+0.79%
-4.02%
$ 338.18M
$ 1.71M
27
Pyth Network
Pyth Network
PYTH
$ 0.04051
+0.67%
+6.94%
+3.54%
$ 320.28M
$ 5.03M
28
tBTC
tBTC
TBTC
$ 64,924
-0.03%
0.00%
+2.39%
$ 307.24M
$ 15.34M
29
TIA
TIA
TIA
$ 0.3269
-0.58%
+0.18%
-0.61%
$ 301.00M
$ 687.08K
30
SEI
SEI
SEI
$ 0.04149
-0.24%
+1.89%
+0.46%
$ 299.68M
$ 1.30M
31
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,041.99
-0.04%
+0.00%
+2.04%
$ 290.31M
$ 74.24K
32
Olympus
Olympus
OHM
$ 19.03
0.00%
+0.02%
+1.82%
$ 284.28M
$ 229.21K
33
Gnosis
Gnosis
GNO
$ 106.68
+0.03%
+0.47%
+1.61%
$ 281.50M
$ 541.74
34
Terra Classic
Terra Classic
LUNC
$ 0.00004908
-0.20%
0.00%
-5.08%
$ 270.88M
$ 1.77B
35
JITO
JITO
JTO
$ 0.5083
-0.59%
+3.89%
+2.28%
$ 245.53M
$ 155.67K
36
Lido DAO
Lido DAO
LDO
$ 0.2896
-0.38%
+1.86%
-10.87%
$ 244.76M
$ 302.56K
37
Pendle
Pendle
PENDLE
$ 1.399
-0.50%
+1.08%
+1.59%
$ 239.91M
$ 117.67K
38
Staked Aave
Staked Aave
STKAAVE
$ 91.07
-0.08%
+0.02%
-0.44%
$ 223.08M
$ 6.02K
39
crvUSD
crvUSD
CRVUSD
$ 0.999113
-0.01%
0.00%
+0.02%
$ 213.40M
$ 1.70M
40
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.12
0.00%
0.00%
0.00%
$ 210.93M
$ 26.23K
41
Velvet
Velvet
VELVET
$ 0.46609
-0.50%
-0.20%
+16.85%
$ 198.76M
$ 353.77K
42
DEXE
DEXE
DEXE
$ 2.308
-1.07%
+3.88%
-0.95%
$ 192.75M
$ 201.85K
43
Falcon Finance
Falcon Finance
FF
$ 0.06486
-0.08%
+1.33%
-0.15%
$ 186.19M
$ 960.41K
44
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 106.33
+0.05%
+0.03%
+3.74%
$ 179.82M
$ 762.39K
45
Maple Finance
Maple Finance
SYRUP
$ 0.15085
-0.33%
+0.41%
-2.46%
$ 179.79M
$ 409.96K
46
Zebec Network
Zebec Network
ZBCN
$ 0.0017677
+0.61%
+2.65%
-5.15%
$ 177.55M
$ 116.27M
47
Raydium
Raydium
RAY
$ 0.6393
-0.02%
+3.09%
+4.64%
$ 172.33M
$ 148.00K
48
Compound
Compound
COMP
$ 16.71
0.00%
+0.24%
+1.88%
$ 167.70M
$ 3.15K
49
Telcoin
Telcoin
TEL
$ 0.001715
+7.00%
+14.58%
+3.13%
$ 164.58M
$ 87.80M
50
MIOTAC
MIOTAC
IOTA
$ 0.03528
-0.42%
+4.11%
+5.01%
$ 158.23M
$ 2.28M

Frequently Asked Questions

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