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
1101
Reform DAO
Reform DAO
RFRM
$ 0.00179
+0.11%
+0.11%
+0.11%
--
$ 13.65M
1102
Cloud
Cloud
CLOUD
$ 0.01954
-0.67%
-1.70%
-1.70%
--
$ 3.09M
1103
Probinex
Probinex
PBX
$ 0.00497
-0.20%
+0.20%
+0.20%
--
$ 7.36M
1104
LoopNetwork
LoopNetwork
LOOP
$ 0.004928
+2.00%
+3.49%
+3.49%
--
$ 855.90K
1105
pump.fun
pump.fun
PUMP
$ 0.001998
+3.43%
+3.17%
+3.17%
--
$ 261.86M
1106
Superp
Superp
SUP
$ 0.004143
+3.56%
-6.20%
-6.20%
--
$ 16.87M
1107
Amnis Finance
Amnis Finance
AMI
$ 0.004861
+1.48%
+2.32%
+2.32%
--
$ 11.99M
1108
BOB
BOB
BOB
$ 0.005909
-0.82%
+1.13%
+1.13%
--
$ 19.96M

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.