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
$ 1,630.31
-0.19%
-1.78%
-6.44%
$ 14.59B
$ 35.54
2
Hyperliquid
Hyperliquid
HYPE
$ 55.48
-0.48%
-10.28%
-16.51%
$ 14.10B
$ 62.30K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,028.92
-0.03%
-2.14%
-6.69%
$ 7.24B
$ 9.56M
4
Chainlink
Chainlink
LINK
$ 7.702
-0.37%
-1.15%
-1.63%
$ 5.10B
$ 176.96K
5
LAB
LAB
LAB
$ 8.8765
-0.82%
-16.50%
-47.96%
$ 2.83B
$ 101.83K
6
Ondo
Ondo
ONDO
$ 0.34609
-0.57%
-4.41%
-2.16%
$ 1.70B
$ 2.82M
7
Aster
Aster
ASTER
$ 0.6238
-0.14%
+1.30%
-4.13%
$ 1.69B
$ 2.45M
8
DEXE
DEXE
DEXE
$ 19.224
-1.65%
-14.70%
+3.77%
$ 1.60B
$ 8.82K
9
UNISWAP
UNISWAP
UNI
$ 2.443
-0.53%
-1.60%
-6.36%
$ 1.53B
$ 46.45K
10
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.17
0.00%
-0.00%
0.00%
$ 1.33B
$ 10.71M
11
Sky Protocol
Sky Protocol
SKY
$ 0.05511
+0.34%
-1.93%
-15.22%
$ 1.29B
$ 987.52K
12
MORPHO
MORPHO
MORPHO
$ 1.928
-0.33%
+8.97%
+7.69%
$ 969.32M
$ 73.63K
13
AaveToken
AaveToken
AAVE
$ 61.36
-0.32%
-0.61%
-11.36%
$ 953.17M
$ 6.43K
14
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.07487
-0.41%
-1.07%
-16.10%
$ 801.52M
$ 3.36M
15
Ethena
Ethena
ENA
$ 0.07849
-1.39%
-1.99%
-20.86%
$ 733.18M
$ 14.30M
16
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 71.57
-0.57%
-3.48%
-5.85%
$ 714.44M
$ 1.19M
17
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.25
-0.61%
-2.20%
-3.85%
$ 712.87M
$ 4.78M
18
JUST
JUST
JST
$ 0.08072
-0.47%
-1.87%
+5.94%
$ 693.50M
$ 882.41K
19
Injective
Injective
INJ
$ 5.21
+0.02%
-6.97%
-11.76%
$ 528.75M
$ 616.17K
20
Jupiter
Jupiter
JUP
$ 0.1502
-0.72%
-2.84%
-13.24%
$ 500.37M
$ 968.73K
21
PancakeSwap
PancakeSwap
CAKE
$ 1.306
-0.91%
-1.36%
+7.66%
$ 424.12M
$ 618.69K
22
Terra Classic
Terra Classic
LUNC
$ 0.00006899
-0.33%
-1.79%
+4.58%
$ 381.66M
$ 5.74B
23
Lighter
Lighter
LIT
$ 1.4873
-1.24%
-8.58%
-0.62%
$ 369.78M
$ 303.69K
24
SEI
SEI
SEI
$ 0.04718
-0.59%
-1.00%
-10.36%
$ 336.03M
$ 1.42M
25
SUN
SUN
SUN
$ 0.017214
-0.08%
-0.61%
-1.88%
$ 330.78M
$ 10.03M
26
Curve
Curve
CRV
$ 0.2083
+0.63%
+6.54%
+10.21%
$ 315.79M
$ 2.29M
27
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.3283
+0.45%
-1.66%
-5.47%
$ 314.71M
$ 179.61K
28
ETHGAS
ETHGAS
GWEI
$ 0.17874
+0.58%
+1.58%
+79.28%
$ 311.80M
$ 503.06K
29
tBTC
tBTC
TBTC
$ 61,514
-0.19%
-2.21%
-2.52%
$ 310.82M
$ 4.47M
30
TIA
TIA
TIA
$ 0.3178
-0.22%
+0.85%
-3.58%
$ 294.56M
$ 1.56M
31
JITO
JITO
JTO
$ 0.5907
-2.76%
-2.82%
+0.98%
$ 287.10M
$ 339.26K
32
Staked USDai
Staked USDai
SUSDAI
$ 1.089
0.00%
-0.18%
+0.09%
$ 286.09M
$ 7.14M
33
Stargate Finance
Stargate Finance
STG
$ 0.4185
+4.09%
+63.31%
+72.19%
$ 274.16M
$ 916.24K
34
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.3007
-0.49%
+0.33%
-5.50%
$ 266.49M
$ 2.03M
35
Zebec Network
Zebec Network
ZBCN
$ 0.0025073
+0.02%
+0.82%
-4.34%
$ 250.87M
$ 48.31M
36
Gnosis
Gnosis
GNO
$ 94.52
-0.01%
-1.20%
-3.05%
$ 250.75M
$ 610.79
37
Olympus
Olympus
OHM
$ 16.64
0.00%
-1.84%
-9.57%
$ 249.16M
$ 218.52K
38
Pyth Network
Pyth Network
PYTH
$ 0.03092
-0.35%
+1.49%
-6.83%
$ 246.17M
$ 7.11M
39
B
B
B
$ 0.24044
+7.92%
-11.75%
+9.10%
$ 241.07M
$ 815.93K
40
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 1,727.35
-0.38%
-3.99%
-7.68%
$ 230.81M
$ 208.29K
41
Telcoin
Telcoin
TEL
$ 0.002327
-0.85%
-2.88%
-11.15%
$ 223.47M
$ 36.01M
42
Lido DAO
Lido DAO
LDO
$ 0.2584
-0.08%
-0.61%
-5.00%
$ 219.84M
$ 298.43K
43
Pendle
Pendle
PENDLE
$ 1.187
-0.58%
-5.70%
-6.81%
$ 203.25M
$ 302.45K
44
MIOTAC
MIOTAC
IOTA
$ 0.04471
-0.64%
-2.94%
-4.83%
$ 201.61M
$ 1.33M
45
Bitway
Bitway
BTW
$ 0.088761
-4.99%
+61.14%
+613.00%
$ 195.16M
$ 27.14M
46
crvUSD
crvUSD
CRVUSD
$ 0.999068
0.00%
-0.01%
+0.13%
$ 182.95M
$ 19.58M
47
Compound
Compound
COMP
$ 18.16
+0.72%
+2.54%
+5.82%
$ 181.46M
$ 5.32K
48
Falcon Finance
Falcon Finance
FF
$ 0.07727
-1.44%
-8.21%
-17.62%
$ 180.86M
$ 1.28M
49
Velvet
Velvet
VELVET
$ 0.4101
-3.20%
+6.55%
+270.53%
$ 166.77M
$ 2.17M
50
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 88.41
-0.97%
-3.37%
-6.46%
$ 164.75M
$ 394.44K

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.