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
Lido Staked ETH
Lido Staked ETH
STETH
$ 2,226.71
+0.24%
-1.30%
-4.67%
$ 19.47B
$ 25.58
2
Hyperliquid
Hyperliquid
HYPE
$ 42.46
-0.02%
-6.86%
-0.49%
$ 10.89B
$ 52.31K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,746.46
+0.11%
-2.05%
-4.46%
$ 9.29B
$ 18.60M
4
Chainlink
Chainlink
LINK
$ 9.929
+0.03%
-3.00%
-3.79%
$ 6.56B
$ 74.90K
5
UNISWAP
UNISWAP
UNI
$ 3.552
+0.42%
-2.91%
-8.92%
$ 2.27B
$ 65.42K
6
Aster
Aster
ASTER
$ 0.6697
+0.33%
-0.64%
-4.15%
$ 1.74B
$ 2.67M
7
Ondo
Ondo
ONDO
$ 0.35468
+0.23%
-6.16%
-12.03%
$ 1.74B
$ 2.13M
8
Sky Protocol
Sky Protocol
SKY
$ 0.07034
-0.17%
-3.28%
-11.80%
$ 1.63B
$ 860.13K
9
LAB
LAB
LAB
$ 4.94347
+3.07%
+31.58%
+5.58%
$ 1.58B
$ 727.53K
10
AaveToken
AaveToken
AAVE
$ 90.54
+0.07%
-5.60%
-5.28%
$ 1.41B
$ 6.25K
11
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.16
0.00%
+0.00%
0.00%
$ 1.39B
$ 11.28M
12
DEXE
DEXE
DEXE
$ 13.011
+0.48%
+3.36%
+10.52%
$ 1.11B
$ 6.40K
13
Ethena
Ethena
ENA
$ 0.10942
+0.23%
-6.41%
-13.74%
$ 1.00B
$ 4.52M
14
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 98.47
-0.04%
-3.08%
-5.19%
$ 977.86M
$ 1.91M
15
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.0906
+0.14%
-3.06%
-11.12%
$ 967.11M
$ 2.81M
16
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.97
0.00%
-1.90%
-3.17%
$ 935.88M
$ 7.44M
17
MORPHO
MORPHO
MORPHO
$ 1.8111
+0.61%
-7.79%
-14.08%
$ 893.55M
$ 56.57K
18
JUST
JUST
JST
$ 0.09083
-0.11%
-0.31%
+8.00%
$ 776.29M
$ 660.04K
19
Jupiter
Jupiter
JUP
$ 0.2076
-0.05%
-4.18%
-15.81%
$ 692.95M
$ 2.56M
20
PancakeSwap
PancakeSwap
CAKE
$ 1.491
+0.20%
-1.78%
-3.68%
$ 486.36M
$ 442.37K
21
Injective
Injective
INJ
$ 4.739
-0.02%
-5.22%
+15.90%
$ 475.96M
$ 544.20K
22
SEI
SEI
SEI
$ 0.06269
+0.37%
-4.71%
-7.59%
$ 447.52M
$ 2.54M
23
Terra Classic
Terra Classic
LUNC
$ 0.00007666
+0.34%
+1.23%
-17.71%
$ 426.91M
$ 7.38B
24
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.445
+0.25%
-5.23%
-11.16%
$ 418.10M
$ 388.83K
25
B
B
B
$ 0.40783
-0.60%
-12.04%
+15.69%
$ 414.06M
$ 667.90K
26
tBTC
tBTC
TBTC
$ 79,234
+0.03%
-1.96%
-1.71%
$ 403.12M
$ 3.99M
27
TIA
TIA
TIA
$ 0.4184
+0.43%
-4.84%
-0.89%
$ 388.06M
$ 2.12M
28
Curve
Curve
CRV
$ 0.25
+0.08%
-5.24%
-0.44%
$ 378.05M
$ 3.17M
29
SUN
SUN
SUN
$ 0.019467
-0.07%
-1.23%
-3.98%
$ 374.15M
$ 4.76M
30
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.4084
+0.12%
-4.77%
-8.20%
$ 343.50M
$ 4.82M
31
Zebec Network
Zebec Network
ZBCN
$ 0.0033659
+0.46%
-3.43%
-0.02%
$ 339.13M
$ 102.27M
32
Pendle
Pendle
PENDLE
$ 1.925
-0.46%
-3.81%
-2.16%
$ 331.43M
$ 607.49K
33
Gnosis
Gnosis
GNO
$ 123.89
-0.02%
-1.32%
-6.40%
$ 326.77M
$ 535.13
34
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,362.51
+0.09%
-1.68%
-3.25%
$ 317.31M
$ 192.77K
35
Lido DAO
Lido DAO
LDO
$ 0.3562
+0.25%
-5.54%
-9.62%
$ 303.88M
$ 400.73K
36
Telcoin
Telcoin
TEL
$ 0.003161
-1.45%
-15.58%
+44.40%
$ 299.94M
$ 115.62M
37
Olympus
Olympus
OHM
$ 19.22
+0.21%
-0.56%
+0.16%
$ 287.55M
$ 60.17K
38
Staked USDai
Staked USDai
SUSDAI
$ 1.085
0.00%
+0.02%
+0.09%
$ 284.23M
$ 3.24M
39
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 122.07
-0.07%
-2.94%
-4.97%
$ 279.86M
$ 2.47M
40
ETHGAS
ETHGAS
GWEI
$ 0.1575
+1.15%
+1.51%
+21.92%
$ 274.80M
$ 533.65K
41
Maple Finance
Maple Finance
SYRUP
$ 0.22322
+0.21%
-4.36%
-10.89%
$ 266.60M
$ 275.15K
42
Pyth Network
Pyth Network
PYTH
$ 0.04564
+0.37%
-5.84%
-20.84%
$ 265.07M
$ 7.34M
43
MIOTAC
MIOTAC
IOTA
$ 0.05673
-0.17%
-5.79%
-6.09%
$ 254.94M
$ 1.00M
44
crvUSD
crvUSD
CRVUSD
$ 0.99914
-0.02%
-0.06%
-0.07%
$ 237.48M
$ 15.33M
45
Compound
Compound
COMP
$ 21.9
-0.14%
-2.26%
-3.51%
$ 219.58M
$ 4.01K
46
JITO
JITO
JTO
$ 0.4586
+0.44%
-7.81%
-11.50%
$ 216.71M
$ 229.61K
47
Lighter
Lighter
LIT
$ 0.8522
-0.57%
-7.10%
-18.52%
$ 213.78M
$ 218.01K
48
Falcon Finance
Falcon Finance
FF
$ 0.08633
+0.60%
+6.42%
+36.04%
$ 204.49M
$ 4.92M
49
Raydium
Raydium
RAY
$ 0.7364
+0.11%
-5.40%
-12.91%
$ 198.31M
$ 129.22K
50
Staked Aave
Staked Aave
STKAAVE
$ 92.25
+0.02%
-5.90%
-2.95%
$ 189.01M
$ 6.80K

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.