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

MIOTAC

IOTA

$ 0.05188

+0.52%

+3.25%

+4.94%

$ 241.25M

$ 3.25M

crvUSD

CRVUSD

$ 0.999894

+0.02%

0.00%

+0.18%

$ 223.42M

$ 5.50M

Lido Earn ETH

EARNETH

$ 2,737.33

+0.06%

-0.00%

+1.76%

$ 219.52M

Zebec Network

ZBCN

$ 0.002179

+0.78%

-1.27%

+11.56%

$ 217.48M

$ 108.63M

Convex Finance

CVX

$ 2.081

+0.83%

+0.24%

+4.81%

$ 206.50M

$ 33.43K

Spiko Amundi Overnight Swap Fund

SAFO

$ 1.022

0.00%

+0.10%

$ 206.26M

Coinbase Wrapped XRP

CBXRP

$ 1.55

0.00%

-0.02%

+9.93%

$ 203.60M

$ 2.63M

BUILDon

$ 0.18674

-0.44%

-6.19%

-9.04%

$ 186.34M

$ 362.03K

syrupUSDG

SYRUPUSDG

$ 1.012

0.00%

+0.10%

$ 180.65M

$ 88.60K

Frax Ether

FRXETH

$ 2,688.54

+0.02%

0.00%

+2.04%

$ 165.28M

$ 205.85K

DEXE

$ 1.956

+0.36%

+0.51%

+4.95%

$ 163.45M

$ 46.58K

Vision

VSN

$ 0.04433

+0.77%

-1.81%

+3.67%

$ 162.74M

$ 7.98M

Bybit Staked SOL

BBSOL

$ 142.07

+0.20%

+0.01%

+10.48%

$ 154.61M

$ 785.90K

Horizen

ZEN

$ 7.992

+1.09%

+5.21%

+3.11%

$ 146.35M

$ 40.81K

1INCH

$ 0.10385

+0.51%

+1.24%

+4.82%

$ 146.35M

$ 613.65K

AWE Network

AWE

$ 0.07038

-0.42%

+8.25%

+15.11%

$ 138.18M

$ 825.15K

DeepBook

DEEP

$ 0.023054

+2.44%

+4.09%

+31.68%

$ 133.00M

$ 6.49M

dYdX

DYDX

$ 0.15076

+2.23%

+8.29%

+11.19%

$ 122.19M

$ 839.83K

Instadapp

FLUID

$ 1.4586

0.00%

+1.10%

+14.17%

$ 121.83M

$ 440.99

Staked Frax Ether

SFRXETH

$ 3,138.64

+0.01%

+0.00%

+2.41%

$ 117.23M

$ 234.99

Nexus Mutual

NXM

$ 68.02

+0.01%

-0.00%

+1.54%

$ 113.42M

Reserve Rights

RSR

$ 0.001813

+0.79%

+2.10%

+12.53%

$ 112.35M

$ 47.36M

ZRX

$ 0.12934

+0.30%

+2.18%

+11.78%

$ 109.05M

$ 529.82K

Huma Finance

HUMA

$ 0.0309

+1.02%

+11.34%

+30.46%

$ 105.05M

$ 2.80M

SoSoValue

SOSO

$ 0.2956

-0.40%

-3.05%

+3.11%

$ 102.02M

$ 319.40K

Orca

ORCA

$ 1.6622

+0.62%

+0.40%

+14.64%

$ 100.27M

$ 43.64K

Origin Ether

OETH

$ 2,688.02

+0.06%

-0.00%

+1.86%

$ 94.10M

$ 530.11K

Lista USD

LISUSD

$ 0.996713

0.00%

-0.15%

$ 93.85M

$ 22.93K

SNX

$ 0.2713

+1.65%

+2.63%

+16.41%

$ 91.40M

$ 244.89K

Kinetiq

KNTQ

$ 0.323694

-0.06%

+0.02%

+2.43%

$ 90.79M

$ 733.77K

YearnFinance

YFI

$ 2,496.5

+0.28%

+1.22%

+12.44%

$ 89.45M

$ 24.18

CoW Protocol

COW

$ 0.155

+0.52%

+3.06%

-0.32%

$ 89.21M

$ 363.99K

BULLA

$ 0.089932

-1.28%

-15.34%

-18.06%

$ 89.02M

$ 1.70M

GMX

$ 8.394

+0.73%

+1.81%

+8.59%

$ 87.62M

$ 7.08K

VELO

$ 0.004879

+0.02%

+5.83%

+6.73%

$ 85.50M

$ 8.80M

BERA

$ 0.2435

+1.25%

+3.90%

+11.87%

$ 81.18M

$ 455.83K

SUSHI

$ 0.2697

+1.21%

+2.45%

+7.67%

$ 76.90M

$ 219.53K

Spark

SPK

$ 0.02497

+0.61%

-1.71%

+19.42%

$ 76.42M

$ 3.85M

Turbo

TURBO

$ 0.0010852

+1.17%

+1.36%

+10.61%

$ 74.48M

$ 60.20M

Numeraire

NMR

$ 9.734

+0.53%

+0.58%

+5.53%

$ 74.08M

$ 7.04K

Treehouse ETH

TETH

$ 3,369.91

+0.05%

-0.00%

+2.35%

$ 67.58M

$ 27.97K

Steakhouse USDC Morpho Vault

STEAKUSDC

$ 1.14

0.00%

$ 66.30M

Babylon

BABY

$ 0.014127

+0.51%

+6.59%

+20.51%

$ 64.97M

$ 6.38M

Gravity

$ 0.005715

+0.60%

-1.00%

-15.52%

$ 63.93M

$ 33.15M

Threshold

$ 0.005695

+0.43%

+2.50%

+12.77%

$ 63.05M

$ 13.15M

SPACE ID

$ 0.0402

+0.05%

+2.53%

+13.84%

$ 61.49M

$ 1.49M

NOXO

$ 0.358871

-0.51%

+0.01%

+3.49%

$ 60.11M

$ 28.98K

Amp

AMP

$ 0.0006679

-4.19%

+31.97%

+43.67%

$ 59.08M

$ 219.17M

cETH

CETH

$ 54.07

0.00%

-0.00%

+2.31%

$ 58.85M

100

Talus

$ 0.02968

+3.91%

+25.02%

+69.55%

$ 57.82M

$ 8.70M

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)

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Proof of Work (PoW)

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Frequently Asked Questions

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