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

351

Hydranet

HDN

$ 0.01773

-0.06%

-2.96%

-8.42%

$ 3.33M

$ 1.79M

352

Trustswap

TRUSTSWAP

$ 0.03326

+0.03%

-0.54%

-4.13%

$ 3.32M

$ 378.49K

353

HyperLend

HPL

$ 0.00777533

-0.36%

+0.07%

-12.22%

$ 3.20M

$ 36.09K

354

Arsenal Fan Token

AFC

$ 0.1243

-0.32%

+1.14%

-0.88%

$ 3.16M

$ 428.37K

355

Memento

DEXTF

$ 0.0388995

+0.04%

-0.06%

-23.77%

$ 3.14M

$ 9.26K

356

YieldFi vyUSD

VYUSD

$ 0.923628

0.00%

$ 3.07M

357

Drop Staked ATOM

DATOM

$ 1.69

0.00%

$ 2.95M

$ 952.89

358

USSI

$ 0.998019

-0.01%

0.00%

-0.01%

$ 2.93M

$ 1.26K

359

ChainSwap

CSWAP

$ 0.00304872

+0.04%

-0.04%

-17.19%

$ 2.93M

$ 1.60K

360

mStable USD

MUSD

$ 0.995915

+0.09%

-0.00%

-0.15%

$ 2.86M

$ 205.81

361

XMAQUINA

DEUS

$ 0.01393

0.00%

-4.59%

-5.81%

$ 2.81M

$ 273.78K

362

Goldfinch

GFI

$ 0.02920818

+0.11%

-0.04%

-12.03%

$ 2.78M

$ 12.63K

363

League of Traders

LOT

$ 0.004942

+0.32%

-1.57%

-5.72%

$ 2.74M

$ 11.35M

364

Parallel

PAR

$ 1.18

0.00%

-0.00%

-3.28%

$ 2.64M

$ 980.42

365

Auto Finance

AUTO

$ 0.02619715

-0.06%

-0.03%

-15.81%

$ 2.62M

$ 314.43

366

DerivaDAO

DDX

$ 0.04827051

0.00%

-0.00%

-20.38%

$ 2.57M

$ 8.67

367

Sat Rush

RUSH

$ 76.1

-0.60%

+0.03%

-15.64%

$ 2.49M

$ 46.98K

368

Vai

VAI

$ 0.990543

0.00%

-0.73%

$ 2.46M

$ 727.64

369

Frax Price Index Share

FPIS

$ 0.084532

-0.21%

-0.01%

-8.59%

$ 2.45M

$ 149.05

370

Wrapped Super OETH

WSUPEROETHB

$ 2,279.46

-0.09%

-0.03%

-15.39%

$ 2.42M

371

Private Aviation Finance Token

CINO

$ 0.00241744

0.00%

-0.03%

-30.27%

$ 2.42M

$ 538.49

372

Dayhub

DAY

$ 0.00506681

0.00%

-0.09%

$ 2.41M

$ 199.82

373

Predictions

PRDT

$ 0.099414

0.00%

$ 2.39M

$ 9.97

374

FEG Token

FEG

$ 0.00002725

0.00%

-1.34%

-5.28%

$ 2.37M

$ 618.53M

375

Longbow

BOW

$ 0.00235279

+0.40%

-0.13%

-43.34%

$ 2.35M

$ 90.01K

376

Parcl

PRCL

$ 0.00566

+0.53%

+0.89%

-5.67%

$ 2.33M

$ 269.64K

377

Hyperbeat USDT

HBUSDT

$ 1.13

0.00%

+0.00%

0.00%

$ 2.31M

$ 773.10

378

Balanced

BALN

$ 0.087127

0.00%

$ 2.31M

$ 490.00

379

Synatra Staked USDC

YUSD

$ 1.76

0.00%

+0.57%

$ 2.27M

$ 6.16K

380

ALEX Lab

ALEX

$ 0.00245458

-0.41%

-0.03%

-14.23%

$ 2.24M

$ 16.65K

381

Multi Asset Investment Vehicle

MAIV

$ 0.00022445

0.00%

$ 2.24M

$ 1.21K

382

Ramses

RAM

$ 0.02550973

-0.39%

-0.02%

-26.68%

$ 2.20M

$ 1.10M

383

pMINT

PMINT

$ 0.108624

-0.46%

+0.00%

+36.36%

$ 2.18M

$ 8.39K

384

xSUSHI

XSUSHI

$ 0.278032

+0.28%

-0.00%

-8.90%

$ 2.17M

385

R0AR Token

1R0R

$ 0.0003141

-0.10%

-0.03%

-14.57%

$ 2.16M

$ 115.91

386

Extra Finance

EXTRA

$ 0.00442088

-0.11%

+0.02%

-18.81%

$ 2.15M

$ 1.79K

387

Perpetual Protocol

PERP

$ 0.01625752

0.00%

-0.05%

-13.10%

$ 2.15M

$ 22.12K

388

Ampleforth

AMPL

$ 1.22

0.00%

-0.06%

-10.29%

$ 2.15M

$ 1.58K

389

Clover Finance

CLV

$ 0.00174758

-0.01%

-0.00%

-4.79%

$ 2.14M

$ 10.42K

390

Quickswap

QUICK

$ 0.003376

-1.60%

-4.45%

-25.23%

$ 2.12M

$ 15.55M

391

PaperStrategy

PSTR

$ 0.00262969

-0.10%

-0.14%

+28.01%

$ 2.11M

$ 54.96K

392

Omnipair

OMFG

$ 0.152468

+0.13%

-0.00%

-13.81%

$ 2.10M

$ 3.27K

393

Sato

SATO

$ 0.117977

-0.01%

-0.02%

-21.89%

$ 2.09M

$ 10.25K

394

Hyperion

RION

$ 0.04718481

-0.09%

+0.01%

-2.74%

$ 2.09M

$ 154.07K

395

DexKit

KIT

$ 0.208348

0.00%

-0.03%

-13.81%

$ 2.08M

$ 753.92

396

Allo

RWA

$ 0.001152

-0.26%

+0.61%

-4.32%

$ 2.07M

$ 70.37M

397

Grey Goo

GOO

$ 0.00205476

-1.19%

-0.02%

-10.52%

$ 2.05M

$ 17.77K

398

MEZO

$ 0.00407051

+0.36%

-0.03%

-30.52%

$ 2.04M

$ 570.73K

399

Flare Staked Ether

FLRETH

$ 2,192.96

+0.10%

-0.03%

-14.99%

$ 1.99M

$ 3.08K

400

GT3 Finance

GT3

$ 0.01151782

-0.39%

-0.01%

+8.69%

$ 1.98M

$ 944.56

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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