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
$ 1,859.49
-0.22%
-1.08%
-1.48%
$ 16.69B
$ 30.48
2
Hyperliquid
Hyperliquid
HYPE
$ 52.64
-0.68%
+0.06%
-5.78%
$ 13.25B
$ 21.23K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,297.0
-0.34%
-0.01%
-1.86%
$ 8.44B
$ 1.48M
4
Chainlink
Chainlink
LINK
$ 8.264
-0.33%
-1.42%
-1.22%
$ 5.42B
$ 32.14K
5
UNISWAP
UNISWAP
UNI
$ 4.125
-0.53%
-1.20%
+10.85%
$ 2.56B
$ 40.74K
6
Ondo
Ondo
ONDO
$ 0.37058
-0.50%
-4.88%
-5.97%
$ 1.80B
$ 707.06K
7
Aster
Aster
ASTER
$ 0.6015
+0.12%
-0.51%
-3.51%
$ 1.62B
$ 407.08K
8
AaveToken
AaveToken
AAVE
$ 91.96
+0.32%
+0.02%
-6.27%
$ 1.42B
$ 2.29K
9
Sky Protocol
Sky Protocol
SKY
$ 0.05577
-0.11%
-1.54%
-0.80%
$ 1.30B
$ 986.32K
10
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
0.00%
0.00%
$ 1.07B
$ 1.59M
11
MORPHO
MORPHO
MORPHO
$ 1.9185
+0.02%
-2.58%
-2.04%
$ 964.63M
$ 36.61K
12
JUST
JUST
JST
$ 0.10483
-0.11%
-0.52%
+1.89%
$ 897.52M
$ 576.47K
13
Ethena
Ethena
ENA
$ 0.08745
-0.43%
-0.70%
+4.66%
$ 818.04M
$ 6.30M
14
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.56
0.00%
-0.00%
-0.28%
$ 795.90M
$ 1.64M
15
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.0733
+0.05%
+0.63%
+0.29%
$ 779.77M
$ 1.80M
16
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 81.91
-0.01%
-0.00%
-0.63%
$ 740.90M
$ 570.67K
17
Jupiter
Jupiter
JUP
$ 0.1926
-0.31%
-2.18%
+5.24%
$ 639.82M
$ 498.65K
18
PancakeSwap
PancakeSwap
CAKE
$ 1.437
-0.28%
+0.35%
+4.45%
$ 503.52M
$ 188.71K
19
Injective
Injective
INJ
$ 5.033
+0.08%
+2.42%
+6.79%
$ 503.35M
$ 187.85K
20
Lighter
Lighter
LIT
$ 2.0243
-1.52%
-4.23%
-8.98%
$ 502.68M
$ 127.69K
21
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.3939
-0.08%
-2.59%
-10.96%
$ 372.95M
$ 325.67K
22
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.3976
+0.15%
-3.34%
-4.89%
$ 349.62M
$ 2.72M
23
SUN
SUN
SUN
$ 0.017948
-0.02%
-0.56%
+0.94%
$ 344.66M
$ 5.47M
24
Staked USDai
Staked USDai
SUSDAI
$ 1.1
0.00%
0.00%
0.00%
$ 328.37M
$ 2.40M
25
Pyth Network
Pyth Network
PYTH
$ 0.03971
-0.25%
-0.93%
-7.43%
$ 310.83M
$ 5.26M
26
Curve
Curve
CRV
$ 0.2016
+0.10%
-1.90%
-5.45%
$ 305.47M
$ 1.09M
27
tBTC
tBTC
TBTC
$ 62,704
-0.18%
-0.01%
-1.29%
$ 300.80M
$ 572.66K
28
TIA
TIA
TIA
$ 0.3279
+0.03%
-1.18%
-1.69%
$ 300.54M
$ 594.54K
29
SEI
SEI
SEI
$ 0.04128
+0.02%
-1.13%
-4.11%
$ 297.73M
$ 859.90K
30
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 1,978.48
-0.21%
-0.01%
-1.52%
$ 282.78M
$ 30.01K
31
Olympus
Olympus
OHM
$ 18.72
+0.54%
+0.01%
+0.65%
$ 279.70M
$ 70.51K
32
Terra Classic
Terra Classic
LUNC
$ 0.00005021
-0.16%
+2.71%
-0.93%
$ 276.46M
$ 2.88B
33
Gnosis
Gnosis
GNO
$ 104.32
+0.26%
-1.20%
-1.35%
$ 275.17M
$ 532.06
34
Lido DAO
Lido DAO
LDO
$ 0.3238
-0.68%
-2.57%
-16.61%
$ 271.31M
$ 338.21K
35
JITO
JITO
JTO
$ 0.4992
+0.84%
-0.90%
-13.23%
$ 238.33M
$ 159.28K
36
Pendle
Pendle
PENDLE
$ 1.345
-0.22%
-4.83%
-9.58%
$ 228.97M
$ 186.03K
37
Staked Aave
Staked Aave
STKAAVE
$ 91.24
+0.16%
-0.00%
-6.83%
$ 224.15M
$ 14.75K
38
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.12
0.00%
0.00%
0.00%
$ 218.85M
$ 77.86K
39
crvUSD
crvUSD
CRVUSD
$ 0.999053
+0.01%
0.00%
+0.01%
$ 211.13M
$ 4.24M
40
DEXE
DEXE
DEXE
$ 2.271
+1.68%
-0.30%
-29.64%
$ 192.17M
$ 193.56K
41
Bitway
Bitway
BTW
$ 0.090626
+1.21%
+1.38%
+6.18%
$ 191.93M
$ 8.48M
42
Zebec Network
Zebec Network
ZBCN
$ 0.0018763
-1.00%
+1.20%
+2.72%
$ 187.26M
$ 109.03M
43
Falcon Finance
Falcon Finance
FF
$ 0.06461
+0.08%
+0.57%
+2.47%
$ 186.07M
$ 1.18M
44
Maple Finance
Maple Finance
SYRUP
$ 0.15403
-0.47%
-1.91%
-8.22%
$ 182.26M
$ 426.23K
45
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 101.55
+0.03%
-0.00%
-0.73%
$ 172.17M
$ 691.01K
46
Velvet
Velvet
VELVET
$ 0.40155
+1.45%
+2.19%
-2.72%
$ 169.46M
$ 299.75K
47
Compound
Compound
COMP
$ 16.45
-0.12%
-0.42%
-0.54%
$ 164.30M
$ 3.28K
48
Raydium
Raydium
RAY
$ 0.6069
0.00%
-1.14%
+0.85%
$ 163.35M
$ 95.35K
49
BUILDon
BUILDon
B
$ 0.16908
+0.60%
+1.94%
-11.11%
$ 161.86M
$ 537.62K
50
Telcoin
Telcoin
TEL
$ 0.001653
+0.12%
-0.66%
-1.13%
$ 159.68M
$ 46.12M

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.