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
Hyperliquid
Hyperliquid
HYPE
$ 70.54
+1.22%
+8.06%
+9.28%
$ 17.84B
$ 35.63K
2
Lido Staked ETH
Lido Staked ETH
STETH
$ 1,733.02
+0.63%
+3.08%
+8.44%
$ 15.65B
$ 36.01
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,158.02
+0.34%
+0.03%
+8.48%
$ 8.16B
$ 2.41M
4
Chainlink
Chainlink
LINK
$ 7.841
+0.38%
+1.41%
+5.42%
$ 5.16B
$ 88.82K
5
UNISWAP
UNISWAP
UNI
$ 3.293
+0.76%
+2.46%
+9.72%
$ 2.05B
$ 68.27K
6
DEXE
DEXE
DEXE
$ 23.307
+1.06%
+3.93%
+6.81%
$ 1.95B
$ 4.14K
7
LAB
LAB
LAB
$ 6.2387
-5.50%
-39.81%
-64.99%
$ 1.87B
$ 268.57K
8
Aster
Aster
ASTER
$ 0.6448
+0.51%
+1.88%
+1.91%
$ 1.74B
$ 1.35M
9
Ondo
Ondo
ONDO
$ 0.33357
+0.47%
+1.18%
+5.22%
$ 1.63B
$ 685.04K
10
AaveToken
AaveToken
AAVE
$ 90.16
-0.58%
+3.05%
-5.93%
$ 1.38B
$ 4.35K
11
Sky Protocol
Sky Protocol
SKY
$ 0.05826
+0.28%
+3.62%
+18.77%
$ 1.36B
$ 1.10M
12
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.17
0.00%
0.00%
0.00%
$ 1.33B
$ 744.32K
13
MORPHO
MORPHO
MORPHO
$ 1.9664
+1.10%
-8.29%
+10.75%
$ 995.11M
$ 56.41K
14
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.69
0.00%
+0.01%
+6.65%
$ 836.37M
$ 3.33M
15
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 91.29
+0.21%
+0.02%
+12.37%
$ 822.25M
$ 678.40K
16
Jupiter
Jupiter
JUP
$ 0.2414
-0.12%
-1.47%
+4.82%
$ 801.52M
$ 1.24M
17
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.07361
-0.58%
+0.38%
+2.77%
$ 787.13M
$ 2.65M
18
JUST
JUST
JST
$ 0.08956
+0.58%
+1.27%
+4.54%
$ 764.58M
$ 777.02K
19
Ethena
Ethena
ENA
$ 0.07891
+0.96%
+5.01%
-1.22%
$ 732.53M
$ 12.33M
20
Lighter
Lighter
LIT
$ 2.1321
+1.24%
+4.19%
+17.33%
$ 533.95M
$ 104.72K
21
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.5639
+3.05%
+10.19%
+16.88%
$ 530.42M
$ 404.65K
22
Injective
Injective
INJ
$ 4.869
+0.82%
+6.31%
+0.45%
$ 488.76M
$ 305.24K
23
PancakeSwap
PancakeSwap
CAKE
$ 1.383
+0.51%
+1.54%
+2.90%
$ 486.63M
$ 283.40K
24
TIA
TIA
TIA
$ 0.4072
+0.64%
+9.54%
+6.30%
$ 374.04M
$ 3.21M
25
JITO
JITO
JTO
$ 0.7825
-0.50%
+0.43%
-6.70%
$ 365.44M
$ 219.26K
26
SEI
SEI
SEI
$ 0.05001
+1.50%
+4.61%
-2.49%
$ 361.90M
$ 3.25M
27
Terra Classic
Terra Classic
LUNC
$ 0.00006355
+0.55%
+5.10%
+2.19%
$ 350.44M
$ 1.95B
28
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.365
+2.71%
+11.32%
+2.45%
$ 323.82M
$ 6.09M
29
SUN
SUN
SUN
$ 0.016711
+0.02%
+0.73%
-0.08%
$ 321.91M
$ 14.27M
30
Curve
Curve
CRV
$ 0.2083
+1.25%
+2.54%
+7.42%
$ 318.21M
$ 1.68M
31
tBTC
tBTC
TBTC
$ 62,082
+0.22%
+0.01%
+2.22%
$ 308.25M
$ 1.57M
32
Pyth Network
Pyth Network
PYTH
$ 0.03898
+0.28%
+0.93%
+14.31%
$ 308.15M
$ 11.03M
33
Staked USDai
Staked USDai
SUSDAI
$ 1.094
0.00%
0.00%
+0.18%
$ 294.14M
$ 2.67M
34
Gnosis
Gnosis
GNO
$ 104.94
+0.17%
+1.42%
+0.26%
$ 277.78M
$ 683.73
35
ETHGAS
ETHGAS
GWEI
$ 0.14641
+9.27%
+22.73%
+17.05%
$ 266.44M
$ 1.27M
36
Pendle
Pendle
PENDLE
$ 1.489
+0.54%
-1.06%
+16.12%
$ 254.77M
$ 316.23K
37
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 1,846.69
-0.31%
+0.02%
+7.91%
$ 252.02M
$ 174.66
38
Olympus
Olympus
OHM
$ 16.63
+0.24%
+0.01%
+4.00%
$ 248.67M
$ 28.51K
39
B
B
B
$ 0.24255
-0.21%
-6.87%
+3.66%
$ 242.29M
$ 388.35K
40
Telcoin
Telcoin
TEL
$ 0.002396
+0.04%
+0.93%
+0.93%
$ 230.10M
$ 34.78M
41
Zebec Network
Zebec Network
ZBCN
$ 0.0023
+0.15%
-3.22%
-3.46%
$ 230.09M
$ 78.66M
42
Lido DAO
Lido DAO
LDO
$ 0.2676
+0.98%
+4.58%
+7.85%
$ 226.89M
$ 425.40K
43
Staked Aave
Staked Aave
STKAAVE
$ 89.28
+0.12%
+0.04%
-5.37%
$ 200.03M
$ 9.79K
44
Plasma
Plasma
XPL
$ 0.11265
-2.45%
+16.31%
+4.07%
$ 197.21M
$ 12.12M
45
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 112.8
-0.06%
+0.01%
+12.02%
$ 196.83M
$ 1.45M
46
Raydium
Raydium
RAY
$ 0.7213
+0.33%
+4.15%
+14.47%
$ 194.59M
$ 105.33K
47
Maple Finance
Maple Finance
SYRUP
$ 0.1583
+0.92%
+1.53%
+1.16%
$ 188.44M
$ 451.77K
48
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.11
0.00%
0.00%
0.00%
$ 185.09M
$ 24.60K
49
MIOTAC
MIOTAC
IOTA
$ 0.03883
+0.52%
+0.39%
+0.33%
$ 175.06M
$ 1.90M
50
Falcon Finance
Falcon Finance
FF
$ 0.06086
-0.16%
-1.65%
-8.50%
$ 174.48M
$ 1.29M

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.