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
$ 1,914.36
-0.12%
+0.91%
+2.19%
$ 17.21B
$ 29.35
2
Hyperliquid
Hyperliquid
HYPE
$ 58.79
+0.02%
-0.84%
+4.11%
$ 14.90B
$ 13.74K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,378.02
+0.11%
+0.00%
+2.18%
$ 8.87B
$ 7.12M
4
Chainlink
Chainlink
LINK
$ 9.513
0.00%
+1.14%
+10.38%
$ 6.25B
$ 36.06K
5
UNISWAP
UNISWAP
UNI
$ 3.294
-0.09%
+1.11%
-6.67%
$ 2.05B
$ 74.86K
6
Aster
Aster
ASTER
$ 0.6019
+0.05%
+0.27%
-0.13%
$ 1.62B
$ 366.96K
7
Ondo
Ondo
ONDO
$ 0.32414
-0.45%
-2.16%
-2.40%
$ 1.57B
$ 576.63K
8
AaveToken
AaveToken
AAVE
$ 87.48
+0.03%
-0.68%
-0.29%
$ 1.35B
$ 2.28K
9
Sky Protocol
Sky Protocol
SKY
$ 0.05624
-0.04%
+4.41%
+6.12%
$ 1.31B
$ 1.14M
10
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
0.00%
0.00%
$ 1.05B
$ 1.46M
11
MORPHO
MORPHO
MORPHO
$ 2.0875
-0.35%
-1.48%
+5.41%
$ 1.04B
$ 45.38K
12
Bitway
Bitway
BTW
$ 0.429523
+0.65%
+24.30%
+69.51%
$ 978.01M
$ 3.14M
13
JUST
JUST
JST
$ 0.10748
+0.01%
-0.01%
+5.53%
$ 917.86M
$ 529.76K
14
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.08226
+0.18%
+3.37%
+10.59%
$ 876.58M
$ 2.35M
15
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 86.48
-0.22%
+0.01%
+1.47%
$ 780.13M
$ 1.11M
16
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.67
0.00%
+0.01%
+1.10%
$ 773.48M
$ 2.54M
17
Ethena
Ethena
ENA
$ 0.08381
+0.68%
+1.07%
-4.42%
$ 772.87M
$ 2.82M
18
Lighter
Lighter
LIT
$ 2.3848
+0.96%
+3.52%
+0.82%
$ 594.80M
$ 917.44K
19
Jupiter
Jupiter
JUP
$ 0.1668
+0.06%
+0.36%
-1.77%
$ 554.16M
$ 949.92K
20
PancakeSwap
PancakeSwap
CAKE
$ 1.519
-0.20%
+3.84%
+5.06%
$ 533.07M
$ 456.36K
21
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.4798
-0.21%
-3.73%
+26.34%
$ 422.81M
$ 3.97M
22
Injective
Injective
INJ
$ 4.13
+0.22%
+1.89%
-11.97%
$ 410.08M
$ 147.69K
23
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.4006
-0.20%
-0.96%
-2.24%
$ 382.29M
$ 1.28M
24
Curve
Curve
CRV
$ 0.2416
+0.17%
-0.70%
-7.41%
$ 365.68M
$ 1.52M
25
Staked USDai
Staked USDai
SUSDAI
$ 1.1
0.00%
0.00%
0.00%
$ 356.06M
$ 82.80K
26
SUN
SUN
SUN
$ 0.017175
-0.15%
-3.41%
-5.87%
$ 330.45M
$ 9.33M
27
Pyth Network
Pyth Network
PYTH
$ 0.03848
+0.08%
+0.21%
-4.75%
$ 301.61M
$ 4.87M
28
Gnosis
Gnosis
GNO
$ 110.46
+0.35%
+5.93%
+7.20%
$ 292.38M
$ 855.12
29
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,037.65
0.00%
+0.01%
+1.72%
$ 290.10M
$ 73.99K
30
tBTC
tBTC
TBTC
$ 64,447
-0.08%
+0.00%
+1.51%
$ 289.99M
$ 1.38M
31
SEI
SEI
SEI
$ 0.03863
-0.03%
-1.93%
-4.29%
$ 278.46M
$ 1.30M
32
Velvet
Velvet
VELVET
$ 0.63045
+0.62%
+18.92%
-10.72%
$ 277.33M
$ 1.49M
33
TIA
TIA
TIA
$ 0.3007
+0.33%
+0.10%
-1.67%
$ 275.89M
$ 656.68K
34
Olympus
Olympus
OHM
$ 18.26
+0.61%
-0.00%
-2.67%
$ 272.96M
$ 210.65K
35
JITO
JITO
JTO
$ 0.5507
-0.51%
-3.86%
-5.12%
$ 266.12M
$ 120.34K
36
Terra Classic
Terra Classic
LUNC
$ 0.00004752
+0.04%
+0.13%
-3.43%
$ 262.11M
$ 2.38B
37
Lido DAO
Lido DAO
LDO
$ 0.3049
-0.16%
+0.86%
+4.64%
$ 256.73M
$ 290.73K
38
Pendle
Pendle
PENDLE
$ 1.314
-0.08%
+0.30%
-0.23%
$ 224.87M
$ 246.73K
39
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.12
-0.88%
0.00%
0.00%
$ 217.57M
$ 75.96K
40
crvUSD
crvUSD
CRVUSD
$ 0.999098
-0.01%
0.00%
+0.02%
$ 215.79M
$ 7.85M
41
Staked Aave
Staked Aave
STKAAVE
$ 86.96
-0.16%
-0.02%
-0.57%
$ 212.97M
$ 1.58K
42
Maple Finance
Maple Finance
SYRUP
$ 0.15736
+0.05%
-5.20%
+6.33%
$ 187.74M
$ 540.48K
43
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 107.62
+0.01%
+0.02%
+1.65%
$ 181.73M
$ 710.13K
44
Falcon Finance
Falcon Finance
FF
$ 0.06317
0.00%
-2.59%
-2.32%
$ 181.70M
$ 891.72K
45
Compound
Compound
COMP
$ 17.62
-1.57%
-0.34%
+8.89%
$ 175.10M
$ 3.66K
46
Lido Earn ETH
Lido Earn ETH
EARNETH
$ 1,940.34
+0.10%
+0.00%
+2.01%
$ 166.69M
--
47
Raydium
Raydium
RAY
$ 0.6135
-0.23%
+0.43%
-2.62%
$ 165.26M
$ 96.61K
48
Zebec Network
Zebec Network
ZBCN
$ 0.0015657
+0.35%
-0.20%
+0.97%
$ 157.55M
$ 95.82M
49
DEXE
DEXE
DEXE
$ 1.87
+0.37%
-3.60%
-9.72%
$ 157.08M
$ 74.82K
50
BUILDon
BUILDon
B
$ 0.15266
-0.63%
+1.76%
+1.05%
$ 150.59M
$ 780.06K

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.