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
51
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.11
0.00%
+0.00%
0.00%
$ 169.23M
$ 488.30K
52
Maple Finance
Maple Finance
SYRUP
$ 0.13508
-0.41%
+0.35%
-6.06%
$ 162.79M
$ 476.99K
53
Plasma
Plasma
XPL
$ 0.0893
-0.46%
-3.76%
-1.24%
$ 162.25M
$ 13.25M
54
Staked Aave
Staked Aave
STKAAVE
$ 73.95
-0.66%
+0.99%
-0.04%
$ 159.51M
$ 598.26
55
THORChain
THORChain
RUNE
$ 0.4121
-0.57%
+4.66%
+7.72%
$ 142.15M
$ 374.86K
56
Spiko Amundi Overnight Swap Fund
Spiko Amundi Overnight Swap Fund
SAFO
$ 1.011
0.00%
0.00%
0.00%
$ 138.93M
--
57
Stargate Finance
Stargate Finance
STG
$ 0.1999
-0.59%
-3.55%
-11.21%
$ 134.57M
$ 334.77K
58
Convex Finance
Convex Finance
CVX
$ 1.212
-0.40%
-1.12%
-11.12%
$ 120.79M
$ 49.31K
59
Vision
Vision
VSN
$ 0.03266
+0.03%
-1.48%
-5.99%
$ 118.54M
$ 2.89M
60
Frax Ether
Frax Ether
FRXETH
$ 1,728.5
-0.28%
+0.40%
-4.41%
$ 114.56M
$ 31.31K
61
AWE Network
AWE Network
AWE
$ 0.05587
-1.07%
+4.91%
+4.31%
$ 109.13M
$ 1.11M
62
dYdX
dYdX
DYDX
$ 0.12178
-0.46%
+4.48%
+1.55%
$ 104.93M
$ 805.95K
63
SoSoValue
SoSoValue
SOSO
$ 0.3059
+0.10%
+2.13%
+4.25%
$ 104.79M
$ 295.60K
64
1INCH
1INCH
1INCH
$ 0.07191
-0.12%
-0.44%
-4.32%
$ 103.07M
$ 783.33K
65
Coinbase Wrapped XRP
Coinbase Wrapped XRP
CBXRP
$ 1.14
0.00%
+0.14%
-8.80%
$ 102.48M
$ 410.45K
66
Kamino
Kamino
KMNO
$ 0.01985
-0.55%
+7.58%
+6.54%
$ 96.15M
$ 3.26M
67
Steakhouse USDC Morpho Vault
Steakhouse USDC Morpho Vault
STEAKUSDC
$ 1.13
0.00%
+0.03%
0.00%
$ 95.86M
$ 0.14
68
Lido Earn ETH
Lido Earn ETH
EARNETH
$ 1,745.05
-0.24%
+0.35%
-4.58%
$ 95.56M
$ 9.67K
69
Magma Finance
Magma Finance
MAGMA
$ 0.49447
+0.29%
+20.12%
+29.41%
$ 94.68M
$ 857.77K
70
CoW Protocol
CoW Protocol
COW
$ 0.1593
-1.15%
+2.91%
+1.75%
$ 94.27M
$ 392.55K
71
Ethena Staked ENA
Ethena Staked ENA
SENA
$ 0.091133
-0.49%
+3.48%
+3.57%
$ 93.14M
$ 35.80K
72
Bybit Staked SOL
Bybit Staked SOL
BBSOL
$ 85.51
-0.43%
+3.45%
-0.47%
$ 90.05M
$ 2.29M
73
DeepBook
DeepBook
DEEP
$ 0.016298
-0.31%
-0.16%
-7.23%
$ 89.05M
$ 3.56M
74
RealLink
RealLink
REAL
$ 0.06172
-0.32%
-0.02%
-2.45%
$ 85.82M
$ 7.54M
75
Horizen
Horizen
ZEN
$ 4.555
-0.43%
-0.92%
-3.67%
$ 83.74M
$ 22.21K
76
Defi App
Defi App
HOME
$ 0.02179
+0.15%
-7.12%
-29.84%
$ 82.80M
$ 6.26M
77
SNX
SNX
SNX
$ 0.2363
-0.50%
-0.91%
-6.95%
$ 82.51M
$ 290.47K
78
Staked Frax Ether
Staked Frax Ether
SFRXETH
$ 2,010.32
-0.18%
+0.41%
-4.27%
$ 81.53M
$ 1.22K
79
Reserve Rights
Reserve Rights
RSR
$ 0.001281
-0.69%
-0.61%
-9.60%
$ 81.32M
$ 44.67M
80
Nexus Mutual
Nexus Mutual
NXM
$ 46.82
-0.28%
+0.37%
-3.54%
$ 80.68M
--
81
Instadapp
Instadapp
FLUID
$ 0.989
0.00%
-0.30%
-10.16%
$ 79.06M
$ 2.38K
82
Block Street
Block Street
BSB
$ 0.34308
+0.74%
+0.50%
-4.19%
$ 77.64M
$ 1.10M
83
Lista USD
Lista USD
LISUSD
$ 0.997025
-0.01%
+0.01%
-0.09%
$ 75.13M
$ 16.36K
84
Huma Finance
Huma Finance
HUMA
$ 0.0229
-0.30%
-4.49%
-5.12%
$ 74.93M
$ 2.48M
85
Orca
Orca
ORCA
$ 1.1956
+0.31%
-0.02%
+4.99%
$ 73.88M
$ 90.39K
86
0x
0x
ZRX
$ 0.08348
-0.38%
+0.40%
-4.99%
$ 71.98M
$ 661.84K
87
Origin Ether
Origin Ether
OETH
$ 1,728.53
-0.28%
+0.36%
-6.33%
$ 71.17M
$ 15.17K
88
Savings xDAI
Savings xDAI
SDAI
$ 1.24
0.00%
+0.20%
0.00%
$ 70.59M
$ 959.00K
89
Numeraire
Numeraire
NMR
$ 9.083
+0.24%
+2.02%
+5.16%
$ 68.14M
$ 6.93K
90
AI Powered Finance
AI Powered Finance
AIPF
$ 2.17
0.00%
-0.81%
+0.46%
$ 67.02M
$ 624.17K
91
BERA
BERA
BERA
$ 0.2312
0.00%
+3.45%
-10.44%
$ 65.55M
$ 347.35K
92
YearnFinance
YearnFinance
YFI
$ 1,802
-0.32%
-1.06%
-13.12%
$ 65.44M
$ 32.99
93
GMX
GMX
GMX
$ 5.894
-0.28%
-1.41%
+0.12%
$ 62.12M
$ 9.56K
94
Turbo
Turbo
TURBO
$ 0.0008667
-0.57%
+1.04%
-3.12%
$ 61.15M
$ 110.97M
95
VELO
VELO
VELO
$ 0.00333
+0.57%
-0.09%
-4.74%
$ 58.89M
$ 2.91M
96
Bedrock BTC
Bedrock BTC
BRBTC
$ 71,364
0.00%
0.00%
0.00%
$ 57.14M
--
97
Treehouse ETH
Treehouse ETH
TETH
$ 2,147.33
-0.38%
+0.28%
-4.75%
$ 56.27M
$ 15.66K
98
Quantix Finance
Quantix Finance
QFI
$ 54.638
-0.36%
-0.34%
+0.76%
$ 54.98M
$ 11.73K
99
Babylon
Babylon
BABY
$ 0.01421
-0.95%
+2.75%
-23.34%
$ 53.95M
$ 8.58M
100
Kinetiq Governance
Kinetiq Governance
KNTQ
$ 0.1869
-0.42%
-0.58%
-16.07%
$ 53.18M
$ 302.60K

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.