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
$ 1,897.92
-0.02%
+0.44%
+0.55%
$ 17.10B
$ 29.40
2
Hyperliquid
Hyperliquid
HYPE
$ 59.39
+0.60%
+1.55%
+9.88%
$ 15.28B
$ 12.71K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,360.18
+0.01%
-0.00%
+0.63%
$ 8.80B
$ 3.99M
4
Chainlink
Chainlink
LINK
$ 9.405
-0.97%
+0.22%
+7.52%
$ 6.19B
$ 32.87K
5
UNISWAP
UNISWAP
UNI
$ 3.262
-0.31%
-0.31%
-7.16%
$ 2.03B
$ 78.63K
6
Aster
Aster
ASTER
$ 0.6063
+0.52%
+0.97%
+0.08%
$ 1.63B
$ 516.22K
7
Ondo
Ondo
ONDO
$ 0.32901
-0.50%
-1.56%
-0.80%
$ 1.61B
$ 1.05M
8
AaveToken
AaveToken
AAVE
$ 88.42
-0.22%
+3.40%
-0.49%
$ 1.37B
$ 1.78K
9
Sky Protocol
Sky Protocol
SKY
$ 0.05496
0.00%
+5.22%
+3.71%
$ 1.28B
$ 1.20M
10
MORPHO
MORPHO
MORPHO
$ 2.1325
+0.44%
+3.55%
+8.86%
$ 1.07B
$ 100.39K
11
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
0.00%
0.00%
$ 1.05B
$ 8.25M
12
JUST
JUST
JST
$ 0.10785
+0.31%
-1.77%
+4.99%
$ 917.43M
$ 577.05K
13
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.08004
-0.35%
+5.03%
+5.17%
$ 845.98M
$ 3.14M
14
Bitway
Bitway
BTW
$ 0.35751
-0.12%
-0.41%
+46.27%
$ 780.35M
$ 3.05M
15
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 85.66
+0.35%
+0.01%
-0.13%
$ 772.69M
$ 1.54M
16
Ethena
Ethena
ENA
$ 0.08247
-0.05%
-0.10%
-6.99%
$ 771.38M
$ 2.52M
17
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.65
0.00%
+0.00%
+0.27%
$ 769.89M
$ 1.90M
18
Lighter
Lighter
LIT
$ 2.339
-0.15%
+0.52%
+1.70%
$ 587.75M
$ 919.45K
19
Jupiter
Jupiter
JUP
$ 0.1662
0.00%
-0.89%
-3.68%
$ 556.82M
$ 672.39K
20
PancakeSwap
PancakeSwap
CAKE
$ 1.461
-0.27%
+0.27%
+1.10%
$ 515.13M
$ 198.76K
21
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.4881
+0.02%
-2.99%
+31.26%
$ 431.17M
$ 5.86M
22
Injective
Injective
INJ
$ 4.022
-0.02%
-0.88%
-12.34%
$ 405.48M
$ 195.04K
23
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.4029
-0.37%
-1.48%
-2.31%
$ 386.67M
$ 1.32M
24
Curve
Curve
CRV
$ 0.2462
-0.36%
-0.20%
-11.09%
$ 374.48M
$ 1.89M
25
Staked USDai
Staked USDai
SUSDAI
$ 1.1
0.00%
0.00%
0.00%
$ 356.03M
$ 866.19K
26
SUN
SUN
SUN
$ 0.017706
-0.03%
-1.17%
-2.65%
$ 341.43M
$ 7.26M
27
Pyth Network
Pyth Network
PYTH
$ 0.03795
-0.05%
-2.51%
-5.52%
$ 300.35M
$ 4.69M
28
tBTC
tBTC
TBTC
$ 64,305
+0.07%
+0.01%
+0.96%
$ 289.29M
$ 3.91M
29
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,021.47
0.00%
0.00%
+3.46%
$ 287.48M
$ 17.48K
30
SEI
SEI
SEI
$ 0.03872
-0.03%
-1.39%
-2.28%
$ 281.42M
$ 1.14M
31
JITO
JITO
JTO
$ 0.578
-0.65%
-5.01%
+5.80%
$ 279.36M
$ 105.44K
32
TIA
TIA
TIA
$ 0.3006
+0.70%
+0.13%
-1.47%
$ 277.54M
$ 736.19K
33
Gnosis
Gnosis
GNO
$ 104.12
+0.26%
+0.08%
-0.22%
$ 275.14M
$ 577.46
34
Olympus
Olympus
OHM
$ 18.29
-0.33%
-0.00%
-2.45%
$ 273.29M
$ 293.49K
35
Terra Classic
Terra Classic
LUNC
$ 0.0000467
-0.30%
-2.79%
-7.80%
$ 257.75M
$ 1.63B
36
Lido DAO
Lido DAO
LDO
$ 0.3017
+0.13%
-1.05%
+4.56%
$ 255.21M
$ 341.59K
37
Pendle
Pendle
PENDLE
$ 1.339
+0.30%
+4.72%
+1.27%
$ 231.19M
$ 168.74K
38
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.12
0.00%
0.00%
0.00%
$ 216.74M
$ 90.50K
39
Staked Aave
Staked Aave
STKAAVE
$ 88.11
-0.03%
+0.03%
-0.35%
$ 215.80M
$ 2.01K
40
crvUSD
crvUSD
CRVUSD
$ 0.999081
-0.03%
0.00%
+0.03%
$ 215.24M
$ 9.56M
41
Velvet
Velvet
VELVET
$ 0.48056
-1.39%
-45.12%
-15.13%
$ 204.62M
$ 2.90M
42
Maple Finance
Maple Finance
SYRUP
$ 0.16209
-0.43%
+0.51%
+9.75%
$ 193.87M
$ 534.72K
43
Falcon Finance
Falcon Finance
FF
$ 0.06475
+0.20%
+0.03%
-1.03%
$ 185.90M
$ 834.76K
44
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 106.37
+0.20%
+0.00%
+0.06%
$ 179.62M
$ 645.44K
45
Compound
Compound
COMP
$ 17.41
-0.91%
+6.95%
+7.22%
$ 173.80M
$ 4.87K
46
Raydium
Raydium
RAY
$ 0.6136
+0.21%
-0.71%
-2.26%
$ 165.58M
$ 93.12K
47
Lido Earn ETH
Lido Earn ETH
EARNETH
$ 1,925.06
-0.29%
-0.00%
+0.43%
$ 165.32M
--
48
DEXE
DEXE
DEXE
$ 1.917
-0.21%
+0.74%
-0.31%
$ 160.60M
$ 77.86K
49
Zebec Network
Zebec Network
ZBCN
$ 0.0015621
-0.36%
-0.29%
-3.28%
$ 156.74M
$ 136.49M
50
Convex Finance
Convex Finance
CVX
$ 1.558
-0.06%
-2.53%
-10.13%
$ 154.93M
$ 39.31K

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.