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
$ 2,266.01
+0.33%
-0.33%
-2.34%
$ 19.79B
$ 24.36
2
Hyperliquid
Hyperliquid
HYPE
$ 46.42
+0.22%
+17.73%
+4.76%
$ 11.72B
$ 81.82K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,797.35
+0.47%
-0.74%
-2.07%
$ 9.46B
$ 6.83M
4
Chainlink
Chainlink
LINK
$ 10.38
+0.36%
+0.36%
-1.62%
$ 6.78B
$ 147.08K
5
UNISWAP
UNISWAP
UNI
$ 3.715
+0.27%
+2.19%
+0.38%
$ 2.35B
$ 115.89K
6
Ondo
Ondo
ONDO
$ 0.38089
-0.01%
-1.32%
-11.50%
$ 1.85B
$ 2.74M
7
Aster
Aster
ASTER
$ 0.6735
-0.33%
-0.69%
-5.77%
$ 1.75B
$ 2.67M
8
Sky Protocol
Sky Protocol
SKY
$ 0.07258
-0.10%
-0.30%
-11.35%
$ 1.69B
$ 917.92K
9
AaveToken
AaveToken
AAVE
$ 97.17
+0.15%
+0.04%
+0.28%
$ 1.49B
$ 4.81K
10
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.16
0.00%
+0.01%
0.00%
$ 1.38B
$ 7.99M
11
LAB
LAB
LAB
$ 4.084
+7.81%
-22.70%
+0.62%
$ 1.30B
$ 975.44K
12
DEXE
DEXE
DEXE
$ 12.891
+0.89%
+3.25%
+8.73%
$ 1.08B
$ 7.57K
13
Ethena
Ethena
ENA
$ 0.1196
+0.26%
+1.55%
-9.77%
$ 1.07B
$ 3.39M
14
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 101.91
+0.83%
-0.34%
-1.92%
$ 1.01B
$ 1.65M
15
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.09435
+0.12%
-0.86%
-8.31%
$ 998.78M
$ 3.73M
16
MORPHO
MORPHO
MORPHO
$ 1.9726
-0.38%
+0.31%
-7.25%
$ 965.28M
$ 45.15K
17
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 4.05
+0.25%
+0.03%
-1.22%
$ 955.25M
$ 7.68M
18
JUST
JUST
JST
$ 0.09115
+0.11%
+0.96%
+10.88%
$ 779.53M
$ 808.31K
19
Jupiter
Jupiter
JUP
$ 0.2198
+0.05%
-1.94%
-10.40%
$ 723.50M
$ 3.86M
20
Injective
Injective
INJ
$ 5.103
+1.17%
+1.58%
+19.80%
$ 508.05M
$ 1.12M
21
PancakeSwap
PancakeSwap
CAKE
$ 1.523
+0.13%
-0.39%
-2.44%
$ 495.82M
$ 390.32K
22
SEI
SEI
SEI
$ 0.06657
+0.38%
-0.35%
-1.79%
$ 471.43M
$ 3.25M
23
B
B
B
$ 0.46174
-1.14%
-2.52%
+21.01%
$ 465.36M
$ 2.60M
24
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.4742
+0.32%
+1.77%
-4.43%
$ 442.59M
$ 277.32K
25
Terra Classic
Terra Classic
LUNC
$ 0.00007622
+0.63%
-4.49%
-17.34%
$ 424.32M
$ 8.01B
26
tBTC
tBTC
TBTC
$ 80,682
+0.50%
+0.81%
+0.36%
$ 413.99M
$ 18.92M
27
TIA
TIA
TIA
$ 0.4492
+0.47%
-1.39%
+1.82%
$ 409.54M
$ 3.11M
28
Curve
Curve
CRV
$ 0.2664
0.00%
-1.01%
+5.57%
$ 398.85M
$ 3.13M
29
SUN
SUN
SUN
$ 0.019687
-0.05%
-1.54%
-2.99%
$ 378.62M
$ 4.19M
30
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.4351
+0.09%
-3.68%
-4.21%
$ 361.05M
$ 4.55M
31
Zebec Network
Zebec Network
ZBCN
$ 0.0035661
+1.30%
+3.84%
+8.09%
$ 355.74M
$ 156.58M
32
Telcoin
Telcoin
TEL
$ 0.00369
-0.49%
+28.67%
+75.07%
$ 353.55M
$ 162.13M
33
Pendle
Pendle
PENDLE
$ 2.066
+1.14%
+3.13%
-1.68%
$ 348.45M
$ 667.52K
34
Gnosis
Gnosis
GNO
$ 125.92
+0.08%
-1.37%
-5.59%
$ 331.42M
$ 704.85
35
Lido DAO
Lido DAO
LDO
$ 0.3818
+0.37%
-0.91%
-6.38%
$ 322.89M
$ 431.27K
36
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,407.13
+0.55%
-0.50%
-2.13%
$ 321.32M
$ 93.99K
37
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 126.07
+0.57%
-0.25%
-2.26%
$ 289.27M
$ 2.39M
38
Olympus
Olympus
OHM
$ 19.29
+0.05%
-1.56%
+0.73%
$ 287.92M
$ 114.21K
39
ETHGAS
ETHGAS
GWEI
$ 0.15825
+4.59%
+26.25%
+22.52%
$ 283.15M
$ 298.98K
40
Pyth Network
Pyth Network
PYTH
$ 0.04905
+0.06%
-3.20%
-18.96%
$ 281.69M
$ 6.09M
41
Maple Finance
Maple Finance
SYRUP
$ 0.23551
+0.26%
+0.91%
-9.10%
$ 279.48M
$ 327.84K
42
Staked USDai
Staked USDai
SUSDAI
$ 1.085
0.00%
+0.05%
+0.18%
$ 273.21M
$ 5.32M
43
MIOTAC
MIOTAC
IOTA
$ 0.06107
-0.30%
+0.75%
-3.31%
$ 269.77M
$ 1.44M
44
crvUSD
crvUSD
CRVUSD
$ 0.999574
+0.02%
-0.02%
-0.01%
$ 246.60M
$ 25.29M
45
Lido Earn ETH
Lido Earn ETH
EARNETH
$ 2,271.08
+0.19%
-0.57%
-2.54%
$ 246.05M
$ 9.67K
46
JITO
JITO
JTO
$ 0.5032
+0.44%
+1.13%
-9.45%
$ 235.92M
$ 239.49K
47
Lighter
Lighter
LIT
$ 0.9324
-0.01%
+2.69%
-13.46%
$ 230.10M
$ 175.80K
48
Compound
Compound
COMP
$ 22.64
+0.04%
-0.97%
-2.43%
$ 224.77M
$ 3.13K
49
Raydium
Raydium
RAY
$ 0.7824
-0.03%
-0.04%
-10.42%
$ 209.58M
$ 82.76K
50
THORChain
THORChain
RUNE
$ 0.5842
+0.40%
-0.38%
-1.65%
$ 204.60M
$ 476.10K

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.