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
51
BUILDon
BUILDon
B
$ 0.15233
+0.82%
-9.10%
-6.03%
$ 152.96M
$ 650.28K
52
THORChain
THORChain
RUNE
$ 0.4313
-0.14%
-1.71%
-0.18%
$ 149.66M
$ 267.35K
53
Convex Finance
Convex Finance
CVX
$ 1.525
0.00%
+3.11%
+17.41%
$ 149.54M
$ 41.57K
54
Lido Earn ETH
Lido Earn ETH
EARNETH
$ 1,940.07
-0.20%
0.00%
+2.27%
$ 148.52M
--
55
Spiko Amundi Overnight Swap Fund
Spiko Amundi Overnight Swap Fund
SAFO
$ 1.017
0.00%
0.00%
+0.10%
$ 144.28M
--
56
Plasma
Plasma
XPL
$ 0.07622
+0.22%
+0.94%
+0.80%
$ 137.50M
$ 2.16M
57
Vision
Vision
VSN
$ 0.03741
-0.05%
-0.59%
+2.09%
$ 135.04M
$ 1.52M
58
SoSoValue
SoSoValue
SOSO
$ 0.3583
-0.06%
-1.86%
+8.79%
$ 122.78M
$ 280.57K
59
Frax Ether
Frax Ether
FRXETH
$ 1,911.66
+0.07%
+0.00%
+2.44%
$ 118.70M
$ 46.19K
60
1INCH
1INCH
1INCH
$ 0.08396
0.00%
-0.80%
+3.21%
$ 118.39M
$ 702.23K
61
Coinbase Wrapped XRP
Coinbase Wrapped XRP
CBXRP
$ 1.038
-0.10%
+0.02%
-3.80%
$ 115.61M
$ 727.16K
62
AWE Network
AWE Network
AWE
$ 0.05887
-0.20%
+1.82%
-0.61%
$ 114.35M
$ 953.29K
63
syrupUSDG
syrupUSDG
SYRUPUSDG
$ 1.006
0.00%
0.00%
0.00%
$ 111.05M
$ 40.79K
64
Talus
Talus
US
$ 0.05043
-0.04%
-4.85%
-11.76%
$ 107.91M
$ 3.66M
65
RealLink
RealLink
REAL
$ 0.07624
-0.07%
0.00%
+3.73%
$ 104.80M
$ 2.46M
66
Ethena Staked ENA
Ethena Staked ENA
SENA
$ 0.09111
-0.12%
-0.02%
+0.68%
$ 102.30M
$ 49.00K
67
dYdX
dYdX
DYDX
$ 0.11519
-0.07%
+1.97%
+2.16%
$ 97.17M
$ 551.02K
68
Instadapp
Instadapp
FLUID
$ 1.2341
0.00%
+1.87%
+3.89%
$ 97.12M
$ 582.71
69
DeepBook
DeepBook
DEEP
$ 0.017495
-0.88%
+15.11%
+14.47%
$ 95.11M
$ 9.77M
70
Bybit Staked SOL
Bybit Staked SOL
BBSOL
$ 88.02
-0.25%
+0.03%
+3.61%
$ 93.16M
$ 76.46K
71
Kamino
Kamino
KMNO
$ 0.01793
-0.44%
-3.25%
+0.72%
$ 87.88M
$ 3.70M
72
Nexus Mutual
Nexus Mutual
NXM
$ 50.94
-0.12%
+0.01%
+1.66%
$ 86.51M
--
73
Stargate Finance
Stargate Finance
STG
$ 0.1295
-0.54%
-7.90%
+7.64%
$ 84.73M
$ 511.13K
74
Staked Frax Ether
Staked Frax Ether
SFRXETH
$ 2,225.79
-0.20%
0.00%
+2.31%
$ 82.55M
$ 92.73
75
Reserve Rights
Reserve Rights
RSR
$ 0.001271
+0.08%
+4.27%
-0.78%
$ 79.38M
$ 56.81M
76
Steakhouse USDC Morpho Vault
Steakhouse USDC Morpho Vault
STEAKUSDC
$ 1.13
0.00%
0.00%
0.00%
$ 75.86M
--
77
Lista USD
Lista USD
LISUSD
$ 0.997125
0.00%
0.00%
-0.02%
$ 74.92M
$ 3.48K
78
YearnFinance
YearnFinance
YFI
$ 2,082.8
-0.24%
+0.57%
-0.47%
$ 74.60M
$ 27.76
79
Horizen
Horizen
ZEN
$ 4.114
-0.24%
+1.11%
-1.45%
$ 74.07M
$ 15.42K
80
SNX
SNX
SNX
$ 0.2106
-0.14%
-0.38%
+0.24%
$ 72.42M
$ 290.64K
81
Derive
Derive
DRV
$ 0.09803
+0.29%
+2.90%
-0.60%
$ 72.29M
$ 566.77K
82
Origin Ether
Origin Ether
OETH
$ 1,916.07
-0.17%
+0.00%
-0.91%
$ 71.26M
$ 36.65K
83
0x
0x
ZRX
$ 0.08273
+0.04%
+2.50%
+5.87%
$ 70.29M
$ 677.27K
84
GMX
GMX
GMX
$ 6.469
-0.14%
-0.51%
+6.25%
$ 67.44M
$ 8.55K
85
Huma Finance
Huma Finance
HUMA
$ 0.02055
-0.05%
+1.28%
+10.21%
$ 66.88M
$ 2.52M
86
Orca
Orca
ORCA
$ 1.0868
-0.35%
+1.84%
-0.36%
$ 66.01M
$ 57.82K
87
Numeraire
Numeraire
NMR
$ 8.587
-0.09%
+0.86%
-0.64%
$ 63.99M
$ 6.89K
88
CyberDEX
CyberDEX
CYDX
$ 0.182273
-0.01%
0.00%
+0.06%
$ 63.32M
$ 3.42K
89
CoW Protocol
CoW Protocol
COW
$ 0.1071
-0.37%
+0.47%
-6.07%
$ 61.78M
$ 511.37K
90
VELO
VELO
VELO
$ 0.003408
0.00%
+2.00%
-2.57%
$ 60.03M
$ 3.40M
91
Turbo
Turbo
TURBO
$ 0.0008427
0.00%
+4.68%
+5.87%
$ 57.91M
$ 112.97M
92
Brazilian Digital
Brazilian Digital
BRZ
$ 0.195049
0.00%
0.00%
-0.34%
$ 56.59M
$ 1.15K
93
Quantix Finance
Quantix Finance
QFI
$ 55.496
+0.09%
+0.67%
-5.49%
$ 55.49M
$ 5.39K
94
Savings xDAI
Savings xDAI
SDAI
$ 1.26
0.00%
-0.00%
+0.80%
$ 54.83M
$ 795.89
95
Bedrock BTC
Bedrock BTC
BRBTC
$ 62,482
0.00%
--
-12.45%
$ 50.03M
$ 127.66
96
Treehouse ETH
Treehouse ETH
TETH
$ 2,390.82
-0.11%
+0.00%
+2.41%
$ 49.69M
$ 448.75
97
FLOW
FLOW
FLOW
$ 0.02906
+0.38%
+4.93%
+3.84%
$ 48.66M
$ 2.14M
98
SUSHI
SUSHI
SUSHI
$ 0.1655
+0.06%
+0.24%
+7.05%
$ 47.50M
$ 331.67K
99
Hydration
Hydration
HDX
$ 0.00795503
+0.10%
+0.05%
-0.75%
$ 47.09M
$ 29.12K
100
Lorenzo Protocol
Lorenzo Protocol
BANK
$ 0.04037
+0.56%
-2.07%
-10.86%
$ 46.69M
$ 11.03M

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.