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
$ 1,883.25
-0.10%
-1.59%
+1.70%
$ 16.98B
$ 29.12
2
Hyperliquid
Hyperliquid
HYPE
$ 54.45
-0.46%
+1.08%
-5.35%
$ 13.80B
$ 52.67K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,336.17
-0.52%
-0.01%
+1.36%
$ 8.57B
$ 2.76M
4
Chainlink
Chainlink
LINK
$ 8.275
-0.13%
-0.72%
+0.05%
$ 5.46B
$ 52.00K
5
UNISWAP
UNISWAP
UNI
$ 4.314
-1.56%
+7.70%
+19.14%
$ 2.71B
$ 121.44K
6
Ondo
Ondo
ONDO
$ 0.4022
-0.80%
-3.93%
+5.65%
$ 1.96B
$ 2.24M
7
Aster
Aster
ASTER
$ 0.6004
-0.05%
-0.27%
-3.91%
$ 1.62B
$ 1.05M
8
AaveToken
AaveToken
AAVE
$ 97.59
-1.31%
-0.09%
+7.17%
$ 1.50B
$ 3.75K
9
Sky Protocol
Sky Protocol
SKY
$ 0.05712
-0.05%
+0.58%
-1.63%
$ 1.34B
$ 992.18K
10
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
0.00%
+0.85%
$ 1.06B
$ 1.58M
11
MORPHO
MORPHO
MORPHO
$ 1.999
+0.02%
-0.23%
-0.01%
$ 1.00B
$ 32.33K
12
JUST
JUST
JST
$ 0.10325
+0.16%
+4.05%
+0.69%
$ 881.89M
$ 678.33K
13
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.58
0.00%
-0.00%
0.00%
$ 802.30M
$ 1.71M
14
Ethena
Ethena
ENA
$ 0.08184
+0.11%
+2.94%
-4.64%
$ 762.18M
$ 7.01M
15
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.07152
-0.03%
-0.01%
-6.89%
$ 761.75M
$ 2.22M
16
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 82.52
-0.23%
-0.00%
-0.42%
$ 746.95M
$ 329.40K
17
Jupiter
Jupiter
JUP
$ 0.1928
-0.21%
-1.79%
+3.72%
$ 638.50M
$ 495.27K
18
Lighter
Lighter
LIT
$ 2.1826
-0.93%
+0.33%
+8.41%
$ 551.95M
$ 144.29K
19
PancakeSwap
PancakeSwap
CAKE
$ 1.463
+0.69%
+3.69%
+4.28%
$ 514.07M
$ 798.77K
20
Injective
Injective
INJ
$ 4.909
+0.43%
+2.52%
-5.89%
$ 491.86M
$ 329.84K
21
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.4205
-0.07%
-3.83%
+1.91%
$ 402.39M
$ 160.90K
22
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.3981
-0.13%
-0.87%
-4.06%
$ 351.39M
$ 3.86M
23
SUN
SUN
SUN
$ 0.018034
+0.04%
+0.57%
-1.49%
$ 346.60M
$ 5.03M
24
Staked USDai
Staked USDai
SUSDAI
$ 1.1
+0.09%
0.00%
+0.09%
$ 329.42M
$ 547.74K
25
Curve
Curve
CRV
$ 0.2082
-0.19%
-1.65%
+2.61%
$ 316.39M
$ 1.76M
26
Pyth Network
Pyth Network
PYTH
$ 0.03977
-0.30%
-3.26%
-8.02%
$ 313.42M
$ 6.76M
27
Lido DAO
Lido DAO
LDO
$ 0.3626
-0.03%
+1.14%
-4.17%
$ 305.95M
$ 690.85K
28
tBTC
tBTC
TBTC
$ 63,662
-0.36%
-0.00%
-0.21%
$ 304.83M
$ 8.49M
29
SEI
SEI
SEI
$ 0.04172
-0.41%
-1.16%
-4.86%
$ 301.05M
$ 1.74M
30
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,030.13
+0.93%
-0.00%
+2.75%
$ 298.89M
$ 30.15K
31
TIA
TIA
TIA
$ 0.3191
-0.34%
-0.37%
-5.00%
$ 293.73M
$ 944.99K
32
Gnosis
Gnosis
GNO
$ 106.22
-0.38%
-0.90%
-0.18%
$ 280.66M
$ 514.49
33
Olympus
Olympus
OHM
$ 18.55
-0.32%
+0.00%
+0.22%
$ 277.10M
$ 104.21K
34
Terra Classic
Terra Classic
LUNC
$ 0.00004939
-0.44%
-1.32%
-6.36%
$ 273.15M
$ 2.94B
35
JITO
JITO
JTO
$ 0.511
+0.02%
-1.34%
-14.63%
$ 245.58M
$ 187.60K
36
Pendle
Pendle
PENDLE
$ 1.405
-0.21%
-0.70%
-3.68%
$ 241.27M
$ 196.05K
37
Staked Aave
Staked Aave
STKAAVE
$ 97.54
-0.63%
+0.01%
+7.68%
$ 228.65M
$ 1.93K
38
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.12
0.00%
0.00%
0.00%
$ 216.13M
$ 86.76K
39
crvUSD
crvUSD
CRVUSD
$ 0.998985
-0.01%
0.00%
+0.02%
$ 211.94M
$ 12.99M
40
DEXE
DEXE
DEXE
$ 2.465
-1.52%
-1.00%
-53.46%
$ 206.40M
$ 336.27K
41
Maple Finance
Maple Finance
SYRUP
$ 0.15833
-0.37%
-2.08%
-7.51%
$ 189.78M
$ 374.86K
42
Falcon Finance
Falcon Finance
FF
$ 0.06471
+0.12%
-1.98%
+6.86%
$ 185.41M
$ 1.63M
43
Bitway
Bitway
BTW
$ 0.086581
-0.06%
+4.30%
+19.83%
$ 179.46M
$ 8.14M
44
Velvet
Velvet
VELVET
$ 0.42057
-1.84%
-0.02%
-5.79%
$ 176.44M
$ 424.63K
45
Zebec Network
Zebec Network
ZBCN
$ 0.0017514
-0.84%
-6.15%
-6.67%
$ 175.88M
$ 146.56M
46
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 102.44
-0.14%
-0.00%
-0.49%
$ 173.61M
$ 1.32M
47
Telcoin
Telcoin
TEL
$ 0.001743
+0.06%
+0.29%
+5.94%
$ 168.03M
$ 54.13M
48
Compound
Compound
COMP
$ 16.58
-0.06%
-0.18%
-4.10%
$ 166.20M
$ 3.17K
49
Raydium
Raydium
RAY
$ 0.6062
-0.18%
+0.92%
-2.95%
$ 163.16M
$ 109.08K
50
BUILDon
BUILDon
B
$ 0.15814
+0.73%
-0.07%
-1.55%
$ 158.73M
$ 751.63K

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.