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
$ 2,686.09
-0.07%
+0.43%
+0.32%
$ 26.42B
$ 20.69
2
Hyperliquid
Hyperliquid
HYPE
$ 89.44
-0.36%
-0.01%
-1.39%
$ 22.44B
$ 11.44K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 3,345.85
+0.01%
+0.01%
+0.08%
$ 12.34B
$ 3.39M
4
Chainlink
Chainlink
LINK
$ 14.112
-0.01%
+1.69%
+0.56%
$ 9.27B
$ 28.69K
5
UNISWAP
UNISWAP
UNI
$ 9.051
-0.02%
-0.10%
-5.95%
$ 5.66B
$ 89.74K
6
Bitway
Bitway
BTW
$ 1.034832
+4.03%
-24.01%
-15.37%
$ 3.00B
$ 1.56M
7
AaveToken
AaveToken
AAVE
$ 181.56
-0.11%
+0.42%
+17.35%
$ 2.79B
$ 1.49K
8
Ondo
Ondo
ONDO
$ 0.50195
+0.79%
+0.70%
-12.70%
$ 2.43B
$ 738.98K
9
Ethena
Ethena
ENA
$ 0.23854
+0.20%
+2.02%
-11.17%
$ 2.42B
$ 69.30M
10
Sky Protocol
Sky Protocol
SKY
$ 0.09081
+0.34%
+4.33%
+9.69%
$ 2.12B
$ 889.82K
11
Aster
Aster
ASTER
$ 0.7178
-0.15%
-0.78%
-0.94%
$ 1.94B
$ 2.31M
12
MORPHO
MORPHO
MORPHO
$ 2.7567
-0.60%
+7.28%
+1.96%
$ 1.47B
$ 40.17K
13
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 135.61
-0.14%
+0.01%
-2.01%
$ 1.23B
$ 280.55K
14
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.11037
+0.67%
+2.64%
-9.86%
$ 1.17B
$ 1.20M
15
JUST
JUST
JST
$ 0.13835
+0.04%
+4.67%
+9.44%
$ 1.13B
$ 1.02M
16
Jupiter
Jupiter
JUP
$ 0.3295
0.00%
+2.88%
-9.32%
$ 1.09B
$ 571.10K
17
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.19
0.00%
0.00%
+0.85%
$ 1.00B
$ 2.56M
18
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 4.87
0.00%
+0.01%
-0.61%
$ 939.68M
$ 2.91M
19
Lighter
Lighter
LIT
$ 3.5694
-0.91%
+0.71%
-21.65%
$ 890.28M
$ 2.43M
20
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.8482
+1.50%
+7.50%
+2.64%
$ 854.08M
$ 5.46M
21
PancakeSwap
PancakeSwap
CAKE
$ 2.527
0.00%
+1.08%
-10.53%
$ 834.64M
$ 355.72K
22
Injective
Injective
INJ
$ 7.663
+0.35%
+1.32%
-0.69%
$ 767.08M
$ 371.20K
23
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.7254
+0.34%
+3.22%
+1.70%
$ 703.26M
$ 3.70M
24
Pyth Network
Pyth Network
PYTH
$ 0.07818
+0.40%
-3.73%
-6.96%
$ 614.48M
$ 5.01M
25
Curve
Curve
CRV
$ 0.3814
-0.24%
+2.23%
+10.21%
$ 596.48M
$ 1.97M
26
Raydium
Raydium
RAY
$ 2.0908
+0.13%
+7.16%
-3.82%
$ 563.48M
$ 115.35K
27
SEI
SEI
SEI
$ 0.07165
+0.18%
+2.57%
-12.19%
$ 543.63M
$ 3.31M
28
Staked USDai
Staked USDai
SUSDAI
$ 1.12
0.00%
0.00%
0.00%
$ 487.49M
$ 9.01M
29
Staked Aave
Staked Aave
STKAAVE
$ 179.38
+0.12%
+0.00%
+16.85%
$ 447.67M
$ 27.90K
30
TIA
TIA
TIA
$ 0.4727
+0.55%
+5.15%
-5.55%
$ 433.93M
$ 2.58M
31
Plasma
Plasma
XPL
$ 0.09574
-0.08%
+2.04%
-11.00%
$ 432.21M
$ 7.49M
32
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,891.8
-0.01%
+0.01%
+0.27%
$ 420.20M
$ 225.70K
33
Pendle
Pendle
PENDLE
$ 2.408
+0.17%
+1.78%
-8.04%
$ 416.89M
$ 139.30K
34
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.14
0.00%
0.00%
+0.88%
$ 415.79M
$ 6.04K
35
Lido DAO
Lido DAO
LDO
$ 0.4686
+0.47%
+5.37%
-5.38%
$ 387.74M
$ 405.59K
36
Derive
Derive
DRV
$ 0.384285
+0.01%
-0.02%
-7.83%
$ 384.54M
$ 9.47M
37
Falcon Finance
Falcon Finance
FF
$ 0.11501
-0.14%
-2.03%
-12.04%
$ 384.38M
$ 643.75K
38
tBTC
tBTC
TBTC
$ 84,778
0.00%
+0.00%
+0.43%
$ 352.27M
$ 1.05M
39
SUN
SUN
SUN
$ 0.017084
+0.14%
+0.41%
+0.91%
$ 328.64M
$ 7.41M
40
Gnosis
Gnosis
GNO
$ 118.67
-0.08%
+1.16%
-1.65%
$ 312.49M
$ 552.51
41
Maple Finance
Maple Finance
SYRUP
$ 0.25913
-0.67%
+5.42%
+18.27%
$ 306.72M
$ 493.20K
42
Olympus
Olympus
OHM
$ 20.29
0.00%
+0.01%
+0.59%
$ 302.48M
$ 31.72K
43
JITO
JITO
JTO
$ 0.5652
-0.32%
+9.01%
-4.39%
$ 299.04M
$ 238.39K
44
Terra Classic
Terra Classic
LUNC
$ 0.00005257
+0.32%
+0.15%
-5.82%
$ 289.97M
$ 1.95B
45
Ethena Staked ENA
Ethena Staked ENA
SENA
$ 0.242884
+0.23%
+0.03%
-12.25%
$ 279.34M
$ 546.72K
46
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 168.44
-0.08%
+0.01%
-1.59%
$ 269.15M
$ 365.81K
47
MIOTAC
MIOTAC
IOTA
$ 0.05443
+0.24%
+1.12%
+5.77%
$ 253.48M
$ 1.53M
48
Compound
Compound
COMP
$ 25.38
+0.04%
+2.90%
+3.91%
$ 252.30M
$ 5.36K
49
Zebec Network
Zebec Network
ZBCN
$ 0.002458
-1.27%
-4.35%
+20.90%
$ 246.80M
$ 93.77M
50
THORChain
THORChain
RUNE
$ 0.7448
+0.74%
-0.08%
-1.26%
$ 245.26M
$ 466.68K

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.