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
1
Hyperliquid
Hyperliquid
HYPE
$ 70.26
+0.27%
+5.13%
+11.18%
$ 17.80B
$ 36.07K
2
Lido Staked ETH
Lido Staked ETH
STETH
$ 1,739.97
+0.32%
+2.12%
+8.88%
$ 15.62B
$ 36.09
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,146.4
-0.04%
+0.02%
+8.77%
$ 8.12B
$ 2.52M
4
Chainlink
Chainlink
LINK
$ 7.885
+0.23%
+1.26%
+6.68%
$ 5.18B
$ 83.50K
5
UNISWAP
UNISWAP
UNI
$ 3.266
-0.27%
+0.12%
+9.86%
$ 2.04B
$ 63.14K
6
DEXE
DEXE
DEXE
$ 23.439
-0.44%
+1.04%
+5.46%
$ 1.94B
$ 3.98K
7
LAB
LAB
LAB
$ 6.0387
+2.94%
-40.61%
-62.01%
$ 1.86B
$ 350.15K
8
Aster
Aster
ASTER
$ 0.6498
+0.82%
+2.38%
+3.14%
$ 1.75B
$ 1.31M
9
Ondo
Ondo
ONDO
$ 0.33379
+0.66%
+0.33%
+6.29%
$ 1.63B
$ 685.55K
10
AaveToken
AaveToken
AAVE
$ 88.4
+0.19%
+1.50%
-6.17%
$ 1.37B
$ 4.50K
11
Sky Protocol
Sky Protocol
SKY
$ 0.05864
+0.14%
+0.90%
+17.96%
$ 1.36B
$ 1.07M
12
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.17
0.00%
0.00%
0.00%
$ 1.33B
$ 393.19K
13
MORPHO
MORPHO
MORPHO
$ 1.9675
-2.67%
-5.94%
+12.27%
$ 996.02M
$ 59.43K
14
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.7
0.00%
+0.00%
+7.56%
$ 837.52M
$ 3.42M
15
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 91.49
+0.38%
+0.01%
+13.98%
$ 824.04M
$ 674.77K
16
Jupiter
Jupiter
JUP
$ 0.2439
0.00%
+0.29%
+6.46%
$ 809.49M
$ 1.20M
17
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.07316
-0.33%
-2.41%
+2.88%
$ 780.30M
$ 2.64M
18
JUST
JUST
JST
$ 0.08986
+0.11%
+1.67%
+5.12%
$ 767.66M
$ 782.82K
19
Ethena
Ethena
ENA
$ 0.07899
+0.22%
+2.69%
+1.34%
$ 733.37M
$ 11.28M
20
Lighter
Lighter
LIT
$ 2.1433
+1.04%
+3.65%
+23.34%
$ 547.13M
$ 96.22K
21
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.5448
-2.72%
+6.62%
+14.68%
$ 514.23M
$ 399.01K
22
PancakeSwap
PancakeSwap
CAKE
$ 1.394
+0.14%
+2.05%
+4.57%
$ 490.85M
$ 287.48K
23
Injective
Injective
INJ
$ 4.908
+0.35%
+5.90%
+2.04%
$ 489.66M
$ 318.14K
24
JITO
JITO
JTO
$ 0.7764
+0.62%
+2.75%
-3.08%
$ 377.14M
$ 228.55K
25
TIA
TIA
TIA
$ 0.4015
-0.87%
+8.20%
+6.55%
$ 367.97M
$ 3.34M
26
SEI
SEI
SEI
$ 0.04998
-0.38%
+4.10%
-1.41%
$ 359.45M
$ 3.12M
27
Terra Classic
Terra Classic
LUNC
$ 0.00006504
+1.29%
+5.75%
+4.46%
$ 355.35M
$ 2.06B
28
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.3745
+1.31%
+12.33%
+4.61%
$ 325.76M
$ 6.44M
29
SUN
SUN
SUN
$ 0.016667
-0.21%
+0.02%
+0.01%
$ 320.55M
$ 15.10M
30
Curve
Curve
CRV
$ 0.2066
+0.29%
+1.03%
+7.38%
$ 313.51M
$ 1.72M
31
Pyth Network
Pyth Network
PYTH
$ 0.03941
+0.38%
+0.69%
+15.06%
$ 309.80M
$ 10.25M
32
tBTC
tBTC
TBTC
$ 62,032
+0.33%
+0.01%
+2.46%
$ 308.05M
$ 1.33M
33
Staked USDai
Staked USDai
SUSDAI
$ 1.094
0.00%
0.00%
+0.18%
$ 297.27M
$ 3.02M
34
Gnosis
Gnosis
GNO
$ 105.65
+0.46%
+0.65%
+1.21%
$ 277.94M
$ 665.10
35
Pendle
Pendle
PENDLE
$ 1.491
-0.20%
-2.55%
+18.35%
$ 254.60M
$ 305.01K
36
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 1,851.09
+0.10%
+0.02%
+9.45%
$ 251.46M
$ 5.75K
37
Olympus
Olympus
OHM
$ 16.72
0.00%
+0.01%
+4.96%
$ 249.14M
$ 19.16K
38
B
B
B
$ 0.23918
-0.39%
-7.15%
+3.36%
$ 239.36M
$ 348.39K
39
ETHGAS
ETHGAS
GWEI
$ 0.13723
-7.85%
+9.65%
+3.92%
$ 235.92M
$ 1.43M
40
Zebec Network
Zebec Network
ZBCN
$ 0.00234
+0.63%
-3.29%
-1.35%
$ 232.56M
$ 73.55M
41
Telcoin
Telcoin
TEL
$ 0.002381
+0.42%
0.00%
+0.80%
$ 229.52M
$ 35.49M
42
Lido DAO
Lido DAO
LDO
$ 0.2687
+0.30%
+2.95%
+8.74%
$ 226.39M
$ 375.24K
43
Staked Aave
Staked Aave
STKAAVE
$ 88.99
+0.46%
+0.02%
-5.19%
$ 199.41M
$ 13.79K
44
Plasma
Plasma
XPL
$ 0.11062
-3.99%
+14.24%
+7.89%
$ 199.10M
$ 11.95M
45
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 113.24
+0.25%
+0.01%
+13.66%
$ 197.60M
$ 757.00K
46
Raydium
Raydium
RAY
$ 0.7214
+0.13%
+3.36%
+15.65%
$ 193.73M
$ 103.51K
47
Maple Finance
Maple Finance
SYRUP
$ 0.15938
+1.12%
+1.10%
+8.36%
$ 189.70M
$ 602.12K
48
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.11
0.00%
0.00%
0.00%
$ 185.05M
$ 14.53K
49
Velvet
Velvet
VELVET
$ 0.45252
+4.76%
-16.51%
-68.51%
$ 182.14M
$ 2.78M
50
Falcon Finance
Falcon Finance
FF
$ 0.06108
-0.10%
-0.97%
-7.88%
$ 175.20M
$ 1.20M

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.

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.