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
$ 2,234.6
-0.52%
-0.97%
-2.82%
$ 19.66B
$ 24.12
2
Hyperliquid
Hyperliquid
HYPE
$ 43.02
-4.97%
+3.79%
-0.12%
$ 11.01B
$ 84.71K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,775.86
-0.13%
-0.44%
-2.48%
$ 9.39B
$ 3.25M
4
Chainlink
Chainlink
LINK
$ 10.13
-0.28%
-1.53%
-1.01%
$ 6.72B
$ 143.06K
5
UNISWAP
UNISWAP
UNI
$ 3.607
-0.38%
-0.68%
+0.88%
$ 2.33B
$ 101.60K
6
Ondo
Ondo
ONDO
$ 0.36881
-0.54%
-6.43%
-10.62%
$ 1.84B
$ 2.91M
7
Aster
Aster
ASTER
$ 0.663
-0.10%
-0.92%
-4.93%
$ 1.74B
$ 2.61M
8
Sky Protocol
Sky Protocol
SKY
$ 0.07249
-0.21%
+0.03%
-9.06%
$ 1.69B
$ 958.39K
9
AaveToken
AaveToken
AAVE
$ 94.06
-0.79%
-3.15%
+0.43%
$ 1.47B
$ 4.63K
10
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.16
0.00%
-0.02%
0.00%
$ 1.38B
$ 9.68M
11
LAB
LAB
LAB
$ 4.00574
-2.43%
-29.09%
-2.76%
$ 1.25B
$ 1.02M
12
DEXE
DEXE
DEXE
$ 13.091
-0.45%
+2.31%
+9.50%
$ 1.10B
$ 5.44K
13
Ethena
Ethena
ENA
$ 0.1132
-0.52%
-2.64%
-9.46%
$ 1.05B
$ 3.83M
14
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 100.58
-0.14%
-0.55%
-2.39%
$ 1.00B
$ 2.03M
15
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.09111
-0.46%
-1.99%
-8.78%
$ 986.96M
$ 3.73M
16
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 4.02
-0.25%
-0.19%
-1.47%
$ 947.94M
$ 8.74M
17
MORPHO
MORPHO
MORPHO
$ 1.876
-0.87%
-1.43%
-10.01%
$ 929.42M
$ 51.53K
18
JUST
JUST
JST
$ 0.09081
+0.47%
+0.80%
+9.30%
$ 777.14M
$ 741.17K
19
Jupiter
Jupiter
JUP
$ 0.2113
-0.23%
-5.11%
-14.21%
$ 715.86M
$ 3.72M
20
Injective
Injective
INJ
$ 4.94
+0.20%
-1.08%
+19.45%
$ 503.55M
$ 773.71K
21
PancakeSwap
PancakeSwap
CAKE
$ 1.498
-0.39%
-0.98%
-2.45%
$ 493.87M
$ 370.63K
22
SEI
SEI
SEI
$ 0.06438
-0.41%
-2.38%
-1.53%
$ 464.83M
$ 3.44M
23
B
B
B
$ 0.45486
-0.51%
-4.36%
+17.55%
$ 458.27M
$ 1.46M
24
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.454
-0.35%
-2.33%
-8.16%
$ 429.37M
$ 293.67K
25
Terra Classic
Terra Classic
LUNC
$ 0.00007584
+0.05%
-3.64%
-14.23%
$ 426.43M
$ 7.50B
26
tBTC
tBTC
TBTC
$ 80,123
-0.13%
+0.62%
-0.11%
$ 411.24M
$ 19.00M
27
TIA
TIA
TIA
$ 0.429
-1.55%
-7.13%
+1.79%
$ 401.56M
$ 2.68M
28
Curve
Curve
CRV
$ 0.2533
-0.46%
-3.64%
+5.05%
$ 390.58M
$ 3.51M
29
SUN
SUN
SUN
$ 0.019579
+0.23%
-2.18%
-3.27%
$ 377.43M
$ 4.48M
30
Zebec Network
Zebec Network
ZBCN
$ 0.0035377
-0.58%
+0.22%
+7.07%
$ 357.97M
$ 134.20M
31
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.4154
-0.93%
-5.47%
-3.92%
$ 356.71M
$ 3.93M
32
Pendle
Pendle
PENDLE
$ 1.974
-1.97%
-0.70%
-1.29%
$ 339.59M
$ 727.19K
33
Gnosis
Gnosis
GNO
$ 125.12
-0.39%
-0.99%
-4.28%
$ 333.42M
$ 679.46
34
Telcoin
Telcoin
TEL
$ 0.003309
-6.16%
+15.03%
+64.00%
$ 330.88M
$ 157.56M
35
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,387.55
-0.15%
-0.65%
-2.56%
$ 319.43M
$ 323.96K
36
Lido DAO
Lido DAO
LDO
$ 0.3646
-0.59%
-3.94%
-5.47%
$ 316.87M
$ 421.19K
37
Olympus
Olympus
OHM
$ 19.32
+0.10%
-1.04%
+0.84%
$ 288.80M
$ 96.30K
38
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 124.7
-0.12%
-0.65%
-2.50%
$ 285.91M
$ 2.61M
39
Staked USDai
Staked USDai
SUSDAI
$ 1.085
0.00%
-0.01%
+0.09%
$ 282.73M
$ 4.31M
40
ETHGAS
ETHGAS
GWEI
$ 0.15611
-1.21%
+24.45%
+25.06%
$ 274.87M
$ 401.04K
41
Pyth Network
Pyth Network
PYTH
$ 0.04667
+0.23%
-6.97%
-16.76%
$ 274.16M
$ 7.10M
42
Maple Finance
Maple Finance
SYRUP
$ 0.22458
-0.44%
-3.39%
-10.66%
$ 269.77M
$ 327.55K
43
MIOTAC
MIOTAC
IOTA
$ 0.05908
-0.47%
-1.90%
-2.68%
$ 266.18M
$ 1.43M
44
Lido Earn ETH
Lido Earn ETH
EARNETH
$ 2,261.27
-0.17%
-0.31%
-2.52%
$ 244.99M
$ 9.67K
45
crvUSD
crvUSD
CRVUSD
$ 0.999951
+0.02%
+0.02%
+0.03%
$ 243.76M
$ 37.00M
46
JITO
JITO
JTO
$ 0.4736
-0.65%
-7.18%
-8.95%
$ 230.65M
$ 243.25K
47
Compound
Compound
COMP
$ 22.18
-0.66%
-1.19%
-1.23%
$ 223.57M
$ 3.19K
48
Lighter
Lighter
LIT
$ 0.8792
-3.38%
-3.04%
-17.69%
$ 219.23M
$ 183.17K
49
Falcon Finance
Falcon Finance
FF
$ 0.0893
-0.67%
+12.39%
+39.02%
$ 209.43M
$ 4.31M
50
Raydium
Raydium
RAY
$ 0.7449
-0.69%
-2.70%
-10.40%
$ 203.74M
$ 91.65K

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.