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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
$ 2,076.61
-0.98%
+8.26%
+10.55%
$ 18.65B
$ 32.93
2
Hyperliquid
Hyperliquid
HYPE
$ 61.88
-0.74%
+5.21%
+7.45%
$ 15.65B
$ 22.64K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,575.51
-0.70%
+0.08%
+10.40%
$ 9.60B
$ 9.41M
4
Chainlink
Chainlink
LINK
$ 9.877
-1.34%
+3.81%
+12.33%
$ 6.48B
$ 85.06K
5
UNISWAP
UNISWAP
UNI
$ 3.491
-2.87%
+5.74%
+0.32%
$ 2.17B
$ 168.17K
6
Ondo
Ondo
ONDO
$ 0.3369
-0.99%
+1.28%
+0.83%
$ 1.64B
$ 991.56K
7
Aster
Aster
ASTER
$ 0.6047
-0.28%
+0.58%
+0.75%
$ 1.63B
$ 1.16M
8
AaveToken
AaveToken
AAVE
$ 92.09
-1.01%
+2.70%
+5.24%
$ 1.42B
$ 2.92K
9
Sky Protocol
Sky Protocol
SKY
$ 0.05953
+0.88%
+7.28%
+12.37%
$ 1.38B
$ 1.06M
10
MORPHO
MORPHO
MORPHO
$ 2.111
-0.66%
-1.32%
+7.96%
$ 1.06B
$ 35.79K
11
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
0.00%
0.00%
$ 1.05B
$ 1.19M
12
JUST
JUST
JST
$ 0.10442
-0.62%
-2.38%
-0.19%
$ 892.48M
$ 577.45K
13
Bitway
Bitway
BTW
$ 0.39569
-24.67%
-1.30%
+52.11%
$ 883.00M
$ 27.19M
14
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.08087
-0.46%
-1.69%
+11.48%
$ 861.44M
$ 2.23M
15
Ethena
Ethena
ENA
$ 0.08849
-1.54%
+6.03%
+4.51%
$ 827.14M
$ 5.24M
16
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 91.33
-0.61%
+0.05%
+7.02%
$ 818.06M
$ 1.75M
17
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.82
-0.52%
+0.04%
+5.23%
$ 802.96M
$ 4.20M
18
Lighter
Lighter
LIT
$ 2.4646
+0.16%
+3.43%
+6.47%
$ 620.75M
$ 1.25M
19
Jupiter
Jupiter
JUP
$ 0.1746
-0.23%
+4.06%
+3.20%
$ 579.06M
$ 1.92M
20
PancakeSwap
PancakeSwap
CAKE
$ 1.567
-0.63%
+5.65%
+9.70%
$ 553.13M
$ 784.01K
21
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.5002
-2.08%
+2.61%
+18.26%
$ 439.72M
$ 6.64M
22
Injective
Injective
INJ
$ 4.38
-0.62%
+6.84%
-5.76%
$ 435.37M
$ 274.96K
23
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.4185
-1.46%
+3.18%
+2.47%
$ 398.96M
$ 2.17M
24
Curve
Curve
CRV
$ 0.2525
-0.70%
+5.18%
+2.42%
$ 385.25M
$ 2.18M
25
Staked USDai
Staked USDai
SUSDAI
$ 1.11
0.00%
0.00%
+0.91%
$ 356.24M
$ 630.89K
26
SUN
SUN
SUN
$ 0.017064
-0.20%
-1.80%
-6.05%
$ 328.03M
$ 11.39M
27
Pyth Network
Pyth Network
PYTH
$ 0.04007
-0.45%
+3.99%
-1.01%
$ 315.71M
$ 5.82M
28
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,206.17
-0.56%
+0.08%
+10.28%
$ 313.94M
$ 256.46K
29
Gnosis
Gnosis
GNO
$ 116.04
-0.56%
+9.59%
+12.74%
$ 308.29M
$ 644.29
30
tBTC
tBTC
TBTC
$ 68,134
-0.59%
+0.05%
+7.92%
$ 307.02M
$ 5.97M
31
SEI
SEI
SEI
$ 0.03957
-1.42%
+1.64%
-3.01%
$ 286.47M
$ 1.47M
32
TIA
TIA
TIA
$ 0.3119
-0.70%
+3.52%
+0.16%
$ 286.47M
$ 921.45K
33
Olympus
Olympus
OHM
$ 18.41
-0.70%
+0.00%
-1.50%
$ 275.14M
$ 317.59K
34
Velvet
Velvet
VELVET
$ 0.64341
+2.97%
-4.04%
-8.62%
$ 271.91M
$ 744.20K
35
JITO
JITO
JTO
$ 0.5561
-1.23%
+0.97%
+0.85%
$ 270.76M
$ 132.55K
36
Lido DAO
Lido DAO
LDO
$ 0.3203
-1.26%
+5.05%
+8.95%
$ 269.88M
$ 474.73K
37
Terra Classic
Terra Classic
LUNC
$ 0.00004904
-0.31%
+2.75%
+0.06%
$ 269.84M
$ 2.71B
38
Pendle
Pendle
PENDLE
$ 1.346
-0.37%
+0.37%
-0.07%
$ 230.68M
$ 463.51K
39
Staked Aave
Staked Aave
STKAAVE
$ 92.12
-0.56%
+0.04%
+5.36%
$ 225.75M
$ 17.10K
40
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.13
0.00%
0.00%
+0.89%
$ 217.47M
$ 58.66K
41
crvUSD
crvUSD
CRVUSD
$ 0.999637
+0.01%
0.00%
-0.02%
$ 211.12M
$ 46.94M
42
Maple Finance
Maple Finance
SYRUP
$ 0.16329
-1.20%
+3.06%
+8.15%
$ 195.64M
$ 557.97K
43
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 113.31
-0.99%
+0.05%
+6.89%
$ 191.34M
$ 746.99K
44
Falcon Finance
Falcon Finance
FF
$ 0.06473
+0.15%
+2.55%
+0.12%
$ 186.16M
$ 880.39K
45
Lido Earn ETH
Lido Earn ETH
EARNETH
$ 2,095.68
-0.95%
+0.08%
+9.58%
$ 180.38M
--
46
Compound
Compound
COMP
$ 17.84
-0.50%
+2.77%
+10.76%
$ 178.10M
$ 4.30K
47
Raydium
Raydium
RAY
$ 0.6249
-1.40%
+1.47%
+0.24%
$ 168.54M
$ 107.72K
48
Zebec Network
Zebec Network
ZBCN
$ 0.0016905
+0.62%
+8.29%
+7.17%
$ 168.48M
$ 124.68M
49
DEXE
DEXE
DEXE
$ 1.966
+3.64%
+3.91%
-3.96%
$ 164.70M
$ 126.28K
50
Convex Finance
Convex Finance
CVX
$ 1.589
-1.80%
+3.73%
-4.58%
$ 155.52M
$ 45.14K

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.