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

951

GBM Tokens

GBM

$ 2.097E-5

0.00%

$ 20.97K

952

Sync Network

SYNC

$ 9.868E-5

0.00%

-9.03%

$ 20.87K

953

ZINC

$ 0.087116

-0.46%

-0.02%

-15.82%

$ 20.06K

$ 105.90

954

Jellyverse

JLY

$ 0.00014249

0.00%

$ 19.94K

$ 1.09K

955

Superp

SUP

$ 0.00011296

+0.01%

-0.01%

-7.44%

$ 19.77K

$ 1.26K

956

Thirdfy

TFY

$ 0.00018775

0.00%

-9.48%

$ 19.25K

$ 3.80

957

88mph

MPH

$ 0.01222106

-0.46%

-0.00%

-7.10%

$ 19.23K

$ 11.12

958

Nia

NIA

$ 0.063663

0.00%

-0.02%

-0.41%

$ 19.10K

$ 84.75

959

LNKD Networks

LNKD

$ 4.696E-5

0.00%

-1.75%

-7.19%

$ 18.03K

960

trustInWeb3

T3AI

$ 1.817E-5

0.00%

-11.19%

$ 17.98K

961

MineBean

BEAN

$ 0.175564

-0.45%

-0.24%

-39.64%

$ 17.98K

$ 8.14K

962

Givest

GIVEST

$ 1.786E-5

-0.67%

-3.61%

-27.13%

$ 17.87K

963

Mendi Finance

MENDI

$ 0.00032193

0.00%

-0.49%

$ 17.83K

$ 5.37

964

Shield

SHIELD

$ 1.764E-5

-1.45%

-17.59%

-39.96%

$ 17.65K

965

deFusion

DEF

$ 0.00018558

0.00%

-1.33%

$ 17.49K

$ 86.74

966

VaultBags

VAULT

$ 1.741E-5

-1.86%

+5.68%

-12.47%

$ 17.42K

967

Ooga Booga

OOGA

$ 0.00061149

0.00%

+3.11%

$ 17.42K

$ 5.62

968

Amped Finance

AMPED

$ 0.00064367

0.00%

$ 17.42K

$ 69.37

969

Blindfold Finance

BLIND

$ 1.723E-5

0.00%

-7.32%

$ 17.21K

970

GarudaX

GRDX

$ 0.0004684

0.00%

$ 16.37K

$ 26.63

971

ENKI Protocol

ENKI

$ 0.108418

0.00%

+0.00%

-6.02%

$ 16.26K

$ 19.48

972

AURO Finance

AURO

$ 0.0001298

0.00%

$ 16.07K

$ 0.01

973

Kaleido

KALEIDO

$ 3.45

-0.29%

-16.06%

$ 15.86K

$ 34.49

974

Fletch Finance

FLETCH

$ 1.572E-5

-0.69%

-4.11%

-15.26%

$ 15.82K

975

WagyuSwap

WAG

$ 3.879E-5

0.00%

-1.72%

$ 15.67K

976

OraiDEX

ORAIX

$ 2.7E-5

0.00%

$ 15.11K

977

TETRAVAULT

TETRA

$ 0.0022263

0.00%

-0.00%

+10.72%

$ 15.08K

$ 20.23

978

Re7 USDT Morpho Vault

RE7USDT

$ 1.019

0.00%

$ 15.06K

979

Auctus

AUC

$ 0.00037178

-0.46%

-0.00%

-0.53%

$ 15.00K

$ 2.06

980

Plasma Finance

PPAY

$ 1.568E-5

0.00%

-9.00%

$ 14.90K

981

Rabbit Finance

RABBIT

$ 0.00013912

-0.24%

-0.02%

-2.43%

$ 14.81K

$ 90.71

982

Liquid BGT

LBGT

$ 0.102297

-0.57%

+0.01%

-19.48%

$ 14.76K

$ 12.18

983

YieldFi yPRISM

YPRISM

$ 1.005

0.00%

$ 14.73K

984

Router Protocol

ROUTE

$ 2.158E-5

0.00%

$ 14.65K

985

Retard Finance

REFI

$ 1.419E-5

0.00%

-10.64%

$ 14.18K

986

Vies Token

VIES

$ 1.742E-5

0.00%

-7.07%

-28.64%

$ 14.05K

987

EverRise

RISE

$ 1.93951E-7

0.00%

$ 13.89K

988

Phi Protocol

PHI

$ 1.39E-5

-0.22%

0.00%

-13.56%

$ 13.88K

989

Lamas Finance

LMF

$ 0.00186652

-0.30%

-0.03%

-6.85%

$ 13.70K

$ 52.09

990

Ethereans

$ 0.01387341

0.00%

-28.89%

$ 13.60K

$ 395.95

991

useStated

STATED

$ 1.34865E-7

0.00%

-16.09%

$ 13.49K

992

Nexus

NEX

$ 0.0000005936

-0.05%

-3.63%

-11.48%

$ 101.16B

993

Grvt

GRVT

$ 0.1929

+0.83%

-2.15%

-13.62%

$ 1.22M

994

o1.exchange

$ 0.47

-0.47%

+4.09%

+6.82%

$ 128.37K

995

XEN Crypto

XEN

$ 0.000000002504

-1.35%

-9.94%

-36.32%

$ 21.33T

996

Super Inu

$ 0.0055

+0.70%

-16.47%

-41.35%

$ 17.03M

997

Solstice Finance

SLX

$ 0.03516

-0.28%

+0.08%

-14.24%

$ 1.69M

998

RUJI

$ 0.1204

0.00%

-2.11%

-27.86%

$ 6.84K

999

Dragonswap

DRG

$ 0.0126

-0.08%

-1.18%

-9.68%

$ 890.22K

1000

USD.AI

CHIP

$ 0.03194

-0.92%

-2.67%

-26.35%

$ 2.92M

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