Top Decentralised Finance (DeFi) Tokens by Market Capitalisation

Decentralised Finance (DeFi) protocols utilise 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 centralised 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
1
Lido Staked ETH
Lido Staked ETH
STETH
$ 2,730.9
+0.32%
+1.45%
+2.48%
$ 26.90B
$ 20.13
2
Hyperliquid
Hyperliquid
HYPE
$ 90.72
+0.95%
+1.28%
+4.70%
$ 22.82B
$ 12.31K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 3,405.0
+0.42%
+0.02%
+2.58%
$ 12.55B
$ 16.47M
4
Chainlink
Chainlink
LINK
$ 14.19
+0.28%
+1.18%
-4.55%
$ 9.34B
$ 27.09K
5
UNISWAP
UNISWAP
UNI
$ 9.184
+0.66%
+1.02%
+6.29%
$ 5.71B
$ 24.21K
6
Bitway
Bitway
BTW
$ 1.220893
+0.17%
+34.10%
+8.83%
$ 3.63B
$ 1.70M
7
AaveToken
AaveToken
AAVE
$ 182.22
+0.08%
-0.07%
+22.05%
$ 2.80B
$ 1.58K
8
Ondo
Ondo
ONDO
$ 0.49994
+0.76%
+0.98%
-1.72%
$ 2.44B
$ 1.05M
9
Ethena
Ethena
ENA
$ 0.23975
+0.43%
+1.26%
-3.85%
$ 2.43B
$ 91.95M
10
Sky Protocol
Sky Protocol
SKY
$ 0.09578
-0.31%
+3.95%
+23.28%
$ 2.25B
$ 1.00M
11
Aster
Aster
ASTER
$ 0.7161
+0.29%
+0.67%
+1.95%
$ 1.94B
$ 2.33M
12
MORPHO
MORPHO
MORPHO
$ 2.7307
-0.01%
-1.52%
+12.05%
$ 1.46B
$ 34.00K
13
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 137.89
+0.39%
+0.01%
+3.26%
$ 1.25B
$ 561.08K
14
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.10958
+0.09%
+0.35%
-3.84%
$ 1.17B
$ 1.25M
15
JUST
JUST
JST
$ 0.13991
-0.16%
+0.79%
+8.53%
$ 1.14B
$ 566.78K
16
Jupiter
Jupiter
JUP
$ 0.3318
+0.67%
+0.73%
+1.74%
$ 1.10B
$ 808.82K
17
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.19
0.00%
0.00%
+0.85%
$ 1.01B
$ 5.83M
18
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 4.92
+0.20%
+0.01%
+2.07%
$ 950.12M
$ 3.50M
19
Lighter
Lighter
LIT
$ 3.6926
-0.74%
+2.32%
-15.61%
$ 919.00M
$ 2.54M
20
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.8635
+1.04%
+3.93%
+5.56%
$ 865.60M
$ 6.05M
21
PancakeSwap
PancakeSwap
CAKE
$ 2.539
+1.43%
+1.84%
+0.16%
$ 843.90M
$ 346.21K
22
Injective
Injective
INJ
$ 7.644
+0.84%
+0.99%
+4.65%
$ 764.68M
$ 264.61K
23
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.7495
+0.59%
+2.42%
+10.07%
$ 727.01M
$ 3.66M
24
Pyth Network
Pyth Network
PYTH
$ 0.07859
+0.66%
+0.20%
-2.44%
$ 616.45M
$ 4.56M
25
Curve
Curve
CRV
$ 0.3838
+0.63%
+2.53%
-0.16%
$ 603.88M
$ 1.49M
26
Raydium
Raydium
RAY
$ 2.0981
+0.54%
+1.43%
+10.90%
$ 561.80M
$ 100.98K
27
SEI
SEI
SEI
$ 0.07367
+0.69%
+3.33%
-1.27%
$ 560.38M
$ 4.73M
28
Staked USDai
Staked USDai
SUSDAI
$ 1.12
0.00%
0.00%
0.00%
$ 486.79M
$ 5.45M
29
Staked Aave
Staked Aave
STKAAVE
$ 180.62
+0.34%
+0.00%
+22.91%
$ 450.59M
$ 2.92K
30
TIA
TIA
TIA
$ 0.4865
+1.36%
+3.05%
+12.07%
$ 445.06M
$ 1.84M
31
Plasma
Plasma
XPL
$ 0.09653
+0.70%
+0.82%
+0.80%
$ 439.91M
$ 4.18M
32
Pendle
Pendle
PENDLE
$ 2.459
+0.74%
+0.70%
+5.94%
$ 427.49M
$ 180.30K
33
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,941.82
+0.33%
+0.01%
+2.68%
$ 427.48M
$ 77.63K
34
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.14
0.00%
0.00%
+0.88%
$ 414.78M
$ 4.29K
35
Derive
Derive
DRV
$ 0.409305
-0.35%
-0.01%
+10.02%
$ 409.16M
$ 14.75M
36
Falcon Finance
Falcon Finance
FF
$ 0.11691
+1.27%
+1.92%
-0.09%
$ 392.81M
$ 724.18K
37
Lido DAO
Lido DAO
LDO
$ 0.4665
+0.65%
+2.43%
+6.93%
$ 387.91M
$ 397.15K
38
tBTC
tBTC
TBTC
$ 86,565
-0.09%
+0.02%
+4.21%
$ 359.70M
$ 1.30M
39
SUN
SUN
SUN
$ 0.017298
+0.09%
+1.26%
+1.14%
$ 332.64M
$ 7.86M
40
Gnosis
Gnosis
GNO
$ 120.65
+0.15%
+1.51%
+0.43%
$ 318.59M
$ 507.26
41
Maple Finance
Maple Finance
SYRUP
$ 0.25668
+0.12%
+0.39%
+13.39%
$ 306.96M
$ 431.33K
42
Olympus
Olympus
OHM
$ 20.24
+0.15%
+0.00%
+0.55%
$ 302.40M
$ 29.95K
43
JITO
JITO
JTO
$ 0.5685
+0.55%
+2.19%
+4.32%
$ 301.04M
$ 221.58K
44
Terra Classic
Terra Classic
LUNC
$ 0.00005321
+0.62%
+1.22%
+1.76%
$ 293.46M
$ 2.32B
45
Ethena Staked ENA
Ethena Staked ENA
SENA
$ 0.246003
+1.12%
+0.01%
-3.36%
$ 282.93M
$ 311.25K
46
MIOTAC
MIOTAC
IOTA
$ 0.05907
-0.52%
+5.94%
+9.49%
$ 276.66M
$ 2.45M
47
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 171.1
+0.42%
+0.01%
+3.11%
$ 274.15M
$ 1.59M
48
THORChain
THORChain
RUNE
$ 0.7985
-0.02%
+7.41%
+3.72%
$ 262.84M
$ 1.42M
49
Compound
Compound
COMP
$ 25.6
+1.27%
+1.87%
+9.31%
$ 256.00M
$ 2.36K
50
Zebec Network
Zebec Network
ZBCN
$ 0.0025439
-1.21%
+3.72%
+17.89%
$ 255.34M
$ 97.86M

Frequently Asked Questions

What does Decentralised Finance (DeFi) mean in the Web3 ecosystem?
Decentralised Finance (DeFi) represents a financial system built entirely on blockchain networks. DeFi utilises smart contracts to offer lending, borrowing, and trading services without relying on centralised 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 Decentralised 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 decentralised 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.