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
251
Marinade
Marinade
MNDE
$ 0.02020153
+1.35%
+0.04%
+7.69%
$ 11.04M
$ 75.54K
252
BENQI
BENQI
BENQI
$ 0.001529
-0.33%
+6.75%
+22.90%
$ 10.94M
$ 41.06M
253
Haedal Protocol
Haedal Protocol
HAEDAL
$ 0.02135
-0.23%
+3.35%
+17.19%
$ 10.90M
$ 4.11M
254
THENA
THENA
THE
$ 0.08149
-0.51%
-1.54%
+18.15%
$ 10.89M
$ 806.70K
255
YieldFi yToken
YieldFi yToken
YUSD
$ 0.998454
0.00%
--
0.00%
$ 10.86M
--
256
Bella
Bella
BEL
$ 0.13492
-0.62%
+8.77%
+17.93%
$ 10.85M
$ 529.99K
257
Ember Third Eye
Ember Third Eye
ETHIRD
$ 1.053
0.00%
--
0.00%
$ 10.70M
$ 1.40K
258
ERA
ERA
ERA
$ 0.07046
-0.44%
+5.19%
+22.58%
$ 10.48M
$ 1.04M
259
Balsa MM Fund
Balsa MM Fund
BMMF
$ 0.08369
0.00%
--
0.00%
$ 10.27M
$ 170.25
260
Avalon
Avalon
AVL
$ 0.02489262
-2.46%
+0.08%
+22.38%
$ 10.14M
$ 927.76K
261
Atlético de Madrid
Atlético de Madrid
ATM
$ 1.1326
-0.20%
+0.07%
+5.18%
$ 10.12M
$ 50.02K
262
Solomon
Solomon
SOLO
$ 0.95481
+0.22%
+0.11%
+26.63%
$ 10.05M
$ 263.39K
263
Stakestone
Stakestone
STO
$ 0.04482
-0.81%
+7.31%
+15.85%
$ 10.00M
$ 1.44M
264
THORSwap
THORSwap
THOR
$ 0.03852133
-0.79%
-0.09%
+10.25%
$ 9.75M
$ 4.64K
265
TokenFi
TokenFi
TOKEN
$ 0.002431
+0.21%
+4.46%
+23.26%
$ 9.64M
$ 28.40M
266
NAVI Protocol
NAVI Protocol
NAVX
$ 0.011736
-0.87%
0.00%
+35.24%
$ 9.63M
$ 4.95M
267
Moonwell
Moonwell
WELL
$ 0.00209024
-0.83%
+0.03%
+9.52%
$ 9.47M
$ 152.33K
268
Hera Finance
Hera Finance
HERA
$ 2.01
0.00%
+0.08%
+25.63%
$ 9.34M
$ 90.84K
269
heyAura
heyAura
ADX
$ 0.0624
-1.10%
+2.44%
+9.95%
$ 9.32M
$ 239.84K
270
ynETH MAX
ynETH MAX
YNETHX
$ 2,405.57
-0.17%
-0.00%
+3.90%
$ 9.19M
$ 271.31
271
Vestra DAO
Vestra DAO
VSTR
$ 0.00292596
-0.17%
-0.00%
+2.84%
$ 8.84M
$ 5.22K
272
Resolv
Resolv
RESOLV
$ 0.01886
-0.11%
+4.95%
+15.34%
$ 8.81M
$ 4.44M
273
Anyswap
Anyswap
ANY
$ 0.666522
-0.16%
+0.00%
+8.09%
$ 8.79M
$ 13.55
274
Ref Finance
Ref Finance
REF
$ 0.091397
+1.11%
+0.01%
+55.08%
$ 8.77M
$ 957.96
275
WETH ARM LP Token
WETH ARM LP Token
ARM-WETH
$ 2,754.65
-0.08%
0.00%
+13.04%
$ 8.71M
--
276
Longbow
Longbow
BOW
$ 0.00859048
+0.37%
-0.05%
+26.04%
$ 8.59M
$ 890.83K
277
Balancer
Balancer
BAL
$ 0.122603
+0.12%
+0.01%
+10.85%
$ 8.56M
$ 220.63K
278
Pika Protocol
Pika Protocol
PIKA
$ 0.445619
+0.24%
0.00%
+12.35%
$ 8.47M
$ 2.90
279
MUX Protocol
MUX Protocol
MCB
$ 2.18
0.00%
-0.06%
-7.63%
$ 8.30M
$ 11.38K
280
Bitlight Labs
Bitlight Labs
LIGHT
$ 0.1888
-0.10%
+7.55%
+16.54%
$ 8.22M
$ 532.27K
281
Abelian
Abelian
ABEL
$ 0.06646
-0.17%
-0.49%
+5.82%
$ 8.13M
$ 208.67K
282
Yellow
Yellow
YELLOW
$ 0.03875216
-7.21%
+0.25%
+20.50%
$ 8.09M
$ 585.80K
283
Alchemix
Alchemix
ALCX
$ 3.18
-2.75%
+0.40%
+57.43%
$ 8.05M
$ 2.89M
284
BRICA
BRICA
BRX
$ 0.03200443
-0.57%
+0.06%
+17.24%
$ 8.00M
$ 27.34K
285
Yei Finance
Yei Finance
CLO
$ 0.06142
-0.45%
-2.55%
-12.76%
$ 7.98M
$ 3.55M
286
Stake DAO
Stake DAO
SDT
$ 0.115978
+0.44%
+0.01%
+13.69%
$ 7.94M
$ 1.15K
287
FC Barcelona FT
FC Barcelona FT
BAR
$ 0.2839
+0.07%
+0.93%
+7.59%
$ 7.94M
$ 234.47K
288
LCX
LCX
LCX
$ 0.032384
+1.96%
+0.18%
+34.73%
$ 7.83M
$ 606.60K
289
Compound USDC
Compound USDC
CUSDC
$ 0.02531985
0.00%
0.00%
0.00%
$ 7.67M
--
290
Liqwid Finance
Liqwid Finance
LQ
$ 0.369398
+0.95%
+0.09%
+51.46%
$ 7.50M
$ 5.82K
291
Soil
Soil
SOIL
$ 0.09691
+0.77%
-4.94%
-0.68%
$ 7.38M
$ 284.57K
292
Marlin POND
Marlin POND
POND
$ 0.0008854
-0.44%
+0.22%
+9.99%
$ 7.32M
$ 67.74M
293
ETH Strategy
ETH Strategy
STRAT
$ 0.170931
0.00%
+0.00%
+11.39%
$ 7.26M
$ 8.91K
294
Ekubo Protocol
Ekubo Protocol
EKUBO
$ 0.724087
+0.51%
+0.06%
+44.81%
$ 7.24M
$ 42.03K
295
Badger
Badger
BADGER
$ 0.370113
-0.04%
-0.03%
+2.42%
$ 7.22M
$ 159.63K
296
Fantom Bomb
Fantom Bomb
FBOMB
$ 0.02019003
+0.91%
-0.00%
+21.15%
$ 7.22M
$ 285.27K
297
Pangolin
Pangolin
PNG
$ 0.0303
+0.53%
+6.98%
+28.41%
$ 7.22M
$ 2.38M
298
cDAI
cDAI
CDAI
$ 0.02506784
0.00%
0.00%
-0.01%
$ 7.18M
--
299
NFTX
NFTX
NFTX
$ 11.01
0.00%
-0.01%
+7.41%
$ 7.16M
$ 5.57
300
Gearbox
Gearbox
GEAR
$ 0.00070146
-4.64%
+0.59%
+107.61%
$ 7.01M
$ 168.90K

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.