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

451

RocketX exchange

RVF

$ 0.0165

-0.30%

-5.34%

-16.84%

$ 1.27M

$ 384.23K

452

Thales

THALES

$ 0.186935

-0.28%

+0.01%

-7.35%

$ 1.25M

$ 858.22

453

NEUY

$ 0.01944687

-0.02%

-0.03%

-10.17%

$ 1.25M

$ 39.04K

454

Covalent X Token

CXT

$ 0.00128081

0.00%

+0.01%

-10.61%

$ 1.25M

$ 12.14K

455

Streamflow

STREAM

$ 0.00793

-0.01%

+0.72%

-12.36%

$ 1.24M

$ 6.78M

456

Cream

CREAM

$ 0.436442

+0.04%

-14.39%

$ 1.24M

$ 11.08

457

Ribbon Finance

RBN

$ 0.01832808

-0.06%

-10.84%

$ 1.23M

$ 3.87

458

Eris Amplified Luna

AMPLUNA

$ 0.089534

0.00%

+0.00%

-5.65%

$ 1.23M

$ 7.49K

459

Rezor

RZR

$ 2.833E-5

+0.43%

-1.35%

-4.00%

$ 1.22M

460

Kyber Network Crystal Legacy

KNCL

$ 0.111471

-0.05%

-0.03%

-21.57%

$ 1.21M

$ 1.37

461

Garden

SEED

$ 0.091966

0.00%

-2.37%

$ 1.20M

$ 4.19

462

Infinite AI

IAI

$ 223.64

0.00%

-0.04%

-27.23%

$ 1.19M

$ 2.36K

463

YieldFi yBTC

YBTC

$ 74,418

-0.12%

-0.01%

-8.86%

$ 1.17M

464

Surf Lending

SURF

$ 0.058464

+0.29%

+0.05%

-6.54%

$ 1.17M

$ 15.36K

465

Quantix Finance

QFI

$ 1.16

0.00%

-0.66%

+0.87%

$ 1.16M

$ 25.58

466

ETH Strategy

STRAT

$ 0.151194

0.00%

-5.08%

$ 1.13M

$ 6.33K

467

Shido

SHIDO

$ 0.0000662

-0.45%

+7.31%

+1.07%

$ 1.13M

$ 251.81M

468

Kodiak Finance

KDK

$ 0.07368

-0.04%

-0.00%

-6.06%

$ 1.09M

$ 15.05K

469

Veno Finance

VNO

$ 0.00203705

-0.35%

-0.07%

-4.92%

$ 1.09M

$ 882.04

470

XOXNO Staked EGLD

XEGLD

$ 3.38

+0.30%

+0.01%

-11.52%

$ 1.08M

$ 277.33

471

Neutrino Index Token

XTN

$ 0.01569787

+0.11%

-0.42%

$ 1.08M

$ 0.85

472

Evolve PRO

EVOP

$ 0.02121503

+0.22%

+24.46%

-15.05%

$ 1.06M

$ 19.17

473

Tharwa

TRWA

$ 0.00015016

0.00%

-0.07%

-19.08%

$ 1.05M

$ 1.36K

474

Storm Trade

STORM

$ 0.004006

+0.07%

+13.62%

+29.25%

$ 1.04M

$ 51.55M

475

Convertible JPY Token

CJPY

$ 0.00479001

+0.04%

-0.02%

-5.69%

$ 1.02M

$ 4.17K

476

MUTE SWAP by Virtuals

MUTE

$ 0.0010179

+0.12%

-0.03%

-16.13%

$ 1.02M

$ 102.79

477

King Protocol

KING

$ 177.76

+1.14%

-13.30%

$ 1.01M

$ 237.20

478

Million

$ 0.986188

+0.03%

-0.01%

-1.02%

$ 986.22K

$ 180.83

479

TENEX

SN67

$ 0.576669

-0.10%

-0.03%

-12.02%

$ 985.06K

$ 3.10K

480

Orion

ORN

$ 0.01543178

0.00%

+0.64%

-14.75%

$ 966.61K

$ 203.57

481

ESHARE

$ 16.04

+0.12%

-0.05%

-6.36%

$ 961.69K

$ 6.33K

482

Karura

KAR

$ 0.00823666

-0.18%

-0.12%

-11.99%

$ 960.94K

$ 5.52K

483

Hydrex

HYDX

$ 0.01958218

0.00%

+0.01%

+2.88%

$ 953.32K

$ 8.60K

484

TrueFi

TRU

$ 0.00075524

-0.02%

-0.03%

-4.91%

$ 949.35K

$ 7.52K

485

HyperSwap

SWAP

$ 0.01334264

-0.07%

-0.17%

-35.13%

$ 945.18K

$ 23.52K

486

Autocompounding Voting KAT

AVKAT

$ 0.00444219

+0.45%

-0.06%

-11.23%

$ 929.94K

$ 762.67

487

ZMINE

ZMN

$ 0.00785327

-0.05%

-0.01%

-7.91%

$ 917.25K

$ 809.48

488

Pyth ETH

PYTHETH

$ 1,974.04

-0.08%

-0.03%

-15.45%

$ 915.36K

489

Defactor

REAL

$ 0.00338226

+0.03%

-0.02%

-12.00%

$ 899.44K

$ 82.10

490

Vouch Staked PLS

VPLS

$ 6.35E-6

+1.28%

+0.08%

-9.03%

$ 897.37K

491

Mancer

MANCER

$ 0.00087441

+0.45%

-0.11%

-46.40%

$ 870.23K

$ 16.88K

492

Note Systems

NOTE

$ 0.01448122

-0.89%

-0.12%

-52.53%

$ 868.87K

$ 57.86K

493

ParaSwap

PSP

$ 0.00092744

+0.20%

+0.12%

-2.20%

$ 865.33K

$ 12.70

494

Neemo Staked Astar

NSASTR

$ 0.00421842

-0.01%

-15.29%

$ 861.98K

$ 1.04

495

Reservoir

DAM

$ 0.00303972

0.00%

+0.56%

+29.77%

$ 858.85K

$ 7.42K

496

Polytrade

TRADE

$ 0.02076

+1.07%

+6.20%

-15.24%

$ 856.33K

$ 2.84M

497

Pyth USDC

PYTHUSDC

$ 1.073

0.00%

$ 855.21K

498

Scallop

SCA

$ 0.00475914

+0.14%

+0.00%

-5.44%

$ 840.33K

$ 18.63K

499

BTC 2x Flexible Leverage Index

BTC2X-FLI

$ 16.22

-0.06%

-16.99%

$ 839.73K

$ 3.17K

500

Roco Finance

ROCO

$ 0.00879136

+0.23%

-0.02%

+3.45%

$ 812.80K

$ 13.32

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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.

What is a Decentralized Exchange (DEX) in the DeFi ecosystem?

How do Automated Market Makers (AMMs) work in DeFi protocols?

What is impermanent loss when providing liquidity to DeFi platforms?

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.

Top Decentralized Finance (DeFi) Tokens by Market Capitalization

Tradable Crypto

Category

Decentralized Finance (DeFi)

Smart Contract Platform

Layer 1 (L1)

Proof of Work (PoW)

Other Crypto

New Crypto

Frequently Asked Questions

Disclaimer