Top Decentralised Finance (DeFi) Tokens by Market Capitalisation

Decentralised Finance (DeFi) protocols utilise 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 centralised 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
$ 2,665.93
+0.22%
+3.10%
+7.01%
$ 25.98B
$ 21.66
2
Hyperliquid
Hyperliquid
HYPE
$ 93.26
+0.28%
+2.58%
+17.46%
$ 23.43B
$ 31.06K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 3,322.12
+0.42%
+0.03%
+7.11%
$ 12.45B
$ 5.28M
4
Chainlink
Chainlink
LINK
$ 12.674
+0.60%
+4.93%
+10.85%
$ 8.33B
$ 65.66K
5
UNISWAP
UNISWAP
UNI
$ 8.783
+0.78%
+0.03%
+32.91%
$ 5.45B
$ 186.43K
6
Ethena
Ethena
ENA
$ 0.21418
+0.77%
+7.95%
+51.35%
$ 2.16B
$ 341.70M
7
AaveToken
AaveToken
AAVE
$ 139.22
+0.79%
+0.58%
+8.93%
$ 2.14B
$ 2.14K
8
Bitway
Bitway
BTW
$ 0.736084
-0.25%
+23.82%
+12.97%
$ 2.11B
$ 2.30M
9
Ondo
Ondo
ONDO
$ 0.4301
+1.56%
+5.71%
+22.88%
$ 2.10B
$ 3.32M
10
Aster
Aster
ASTER
$ 0.7409
+0.46%
-0.11%
+7.29%
$ 2.00B
$ 2.73M
11
Sky Protocol
Sky Protocol
SKY
$ 0.07102
+0.34%
+4.46%
+12.01%
$ 1.66B
$ 1.09M
12
MORPHO
MORPHO
MORPHO
$ 2.8039
+1.43%
+7.77%
+27.43%
$ 1.46B
$ 90.60K
13
Lighter
Lighter
LIT
$ 4.9505
+1.69%
+5.05%
+12.78%
$ 1.23B
$ 2.07M
14
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.1082
+1.06%
+3.70%
+12.63%
$ 1.16B
$ 3.52M
15
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 126.01
+0.23%
+0.03%
+9.95%
$ 1.16B
$ 1.88M
16
Jupiter
Jupiter
JUP
$ 0.3168
+3.72%
+14.24%
+32.36%
$ 1.04B
$ 1.53M
17
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
0.00%
0.00%
$ 1.01B
$ 920.88K
18
PancakeSwap
PancakeSwap
CAKE
$ 2.579
-0.04%
+10.78%
+10.49%
$ 962.95M
$ 2.65M
19
JUST
JUST
JST
$ 0.11352
-0.73%
-2.57%
-1.50%
$ 928.03M
$ 525.87K
20
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 4.68
+0.21%
+0.02%
+5.88%
$ 906.67M
$ 7.81M
21
Injective
Injective
INJ
$ 7.751
+0.55%
+1.44%
+26.77%
$ 773.48M
$ 656.01K
22
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.739
+1.48%
+3.47%
+20.10%
$ 716.87M
$ 6.40M
23
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.6708
+0.58%
+3.95%
+21.61%
$ 666.39M
$ 3.55M
24
Curve
Curve
CRV
$ 0.3499
+1.76%
+5.74%
-0.65%
$ 548.99M
$ 3.16M
25
Staked USDai
Staked USDai
SUSDAI
$ 1.11
0.00%
0.00%
0.00%
$ 496.30M
$ 498.74K
26
Pyth Network
Pyth Network
PYTH
$ 0.06158
+1.72%
+4.43%
+11.28%
$ 484.63M
$ 9.15M
27
Pendle
Pendle
PENDLE
$ 2.752
+1.72%
+4.94%
+16.49%
$ 472.14M
$ 413.32K
28
Raydium
Raydium
RAY
$ 1.6587
+0.64%
+1.70%
+22.50%
$ 449.84M
$ 182.90K
29
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,857.46
+0.40%
+0.03%
+6.94%
$ 424.36M
$ 21.97K
30
SEI
SEI
SEI
$ 0.05488
+1.54%
+15.65%
+25.94%
$ 420.68M
$ 12.83M
31
Falcon Finance
Falcon Finance
FF
$ 0.12934
-1.17%
-0.45%
-14.81%
$ 402.74M
$ 1.86M
32
TIA
TIA
TIA
$ 0.4324
+2.18%
+1.79%
+23.34%
$ 397.14M
$ 2.17M
33
Derive
Derive
DRV
$ 0.390643
-0.10%
-0.02%
+178.26%
$ 390.50M
$ 47.18M
34
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.13
0.00%
0.00%
0.00%
$ 366.84M
$ 3.44K
35
Bedrock
Bedrock
BR
$ 1.1776
-4.38%
+9.62%
+181.72%
$ 366.80M
$ 178.48K
36
Lido DAO
Lido DAO
LDO
$ 0.4324
+0.54%
+4.50%
+20.60%
$ 360.44M
$ 813.11K
37
tBTC
tBTC
TBTC
$ 81,430
+0.20%
+0.01%
+4.98%
$ 345.86M
$ 2.02M
38
Staked Aave
Staked Aave
STKAAVE
$ 138.47
+0.60%
+0.01%
+8.42%
$ 344.57M
$ 6.15K
39
SUN
SUN
SUN
$ 0.017137
+0.11%
+0.44%
+0.76%
$ 329.43M
$ 16.82M
40
Gnosis
Gnosis
GNO
$ 118.07
+0.66%
-0.14%
+1.97%
$ 311.44M
$ 645.19
41
Terra Classic
Terra Classic
LUNC
$ 0.00005462
+0.48%
+5.62%
+8.62%
$ 300.15M
$ 4.95B
42
Olympus
Olympus
OHM
$ 20.06
0.00%
0.00%
-0.64%
$ 299.25M
$ 145.32K
43
Ethena Staked ENA
Ethena Staked ENA
SENA
$ 0.21807
0.00%
+0.10%
+50.93%
$ 269.72M
$ 1.74M
44
Plasma
Plasma
XPL
$ 0.09745
+3.12%
+5.84%
+17.22%
$ 268.64M
$ 10.54M
45
Maple Finance
Maple Finance
SYRUP
$ 0.2229
+0.49%
+1.46%
+4.89%
$ 263.61M
$ 365.90K
46
JITO
JITO
JTO
$ 0.4982
+1.26%
+1.24%
+10.50%
$ 260.54M
$ 251.89K
47
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 156.77
+0.15%
+0.03%
+10.24%
$ 254.86M
$ 1.03M
48
MIOTAC
MIOTAC
IOTA
$ 0.04734
+0.92%
-0.98%
+9.40%
$ 220.26M
$ 2.31M
49
Compound
Compound
COMP
$ 22.32
+0.64%
+1.57%
+13.25%
$ 219.70M
$ 3.54K
50
crvUSD
crvUSD
CRVUSD
$ 0.999662
-0.01%
-0.00%
+0.02%
$ 217.24M
$ 12.21M

Frequently Asked Questions

What does Decentralised Finance (DeFi) mean in the Web3 ecosystem?
Decentralised Finance (DeFi) represents a financial system built entirely on blockchain networks. DeFi utilises smart contracts to offer lending, borrowing, and trading services without relying on centralised 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 Decentralised 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 decentralised 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.