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

Lido Staked ETH

STETH

$ 2,532.35

+0.06%

-1.47%

-3.52%

$ 24.44B

$ 22.51

Hyperliquid

HYPE

$ 83.19

+0.05%

-5.52%

-8.70%

$ 21.09B

$ 21.16K

Wrapped stETH

WSTETH

$ 3,151.14

+0.06%

-0.00%

-3.28%

$ 11.64B

$ 4.77M

Chainlink

LINK

$ 13.048

-0.21%

-2.99%

-4.74%

$ 8.59B

$ 57.10K

Bitway

BTW

$ 1.801485

-0.59%

+3.96%

+43.57%

$ 5.22B

$ 1.10M

UNISWAP

UNI

$ 7.475

+0.16%

-3.92%

-9.53%

$ 4.63B

$ 94.37K

Ethena

ENA

$ 0.21726

+1.52%

-9.15%

-8.98%

$ 2.89B

$ 235.82M

AaveToken

AAVE

$ 160.85

+0.24%

-5.03%

-8.70%

$ 2.49B

$ 1.96K

Ondo

ONDO

$ 0.48099

+0.09%

-6.16%

+2.18%

$ 2.36B

$ 2.62M

Aster

ASTER

$ 0.702

-0.17%

-1.91%

-1.86%

$ 1.89B

$ 2.46M

Sky Protocol

SKY

$ 0.07816

+0.23%

-4.85%

-10.68%

$ 1.82B

$ 1.10M

MORPHO

$ 2.3938

-0.25%

-4.73%

-7.75%

$ 1.27B

$ 52.12K

JUST

JST

$ 0.13756

+0.18%

-0.43%

-2.44%

$ 1.13B

$ 525.72K

Jupiter

JUP

$ 0.3365

+0.42%

-6.35%

+1.62%

$ 1.12B

$ 1.15M

Polygon Ecosystem

POL

$ 0.10545

+0.58%

+0.80%

+1.27%

$ 1.11B

$ 2.87M

Binance Staked SOL

BNSOL

$ 122.95

+0.26%

-0.03%

-8.72%

$ 1.11B

$ 1.46M

syrupUSDC

SYRUPUSDC

$ 1.19

0.00%

$ 1.05B

$ 4.32M

Aerodrome Finance

AERO

$ 0.8934

+0.55%

-3.71%

+13.76%

$ 905.39M

$ 5.55M

Jupiter Perpetuals Liquidity Provider Token

JLP

$ 4.64

+0.22%

-0.01%

-4.13%

$ 891.45M

$ 4.33M

Lighter

LIT

$ 3.4464

-0.45%

-10.89%

-5.87%

$ 863.90M

$ 2.53M

Injective

INJ

$ 8.072

+0.25%

-0.64%

+4.23%

$ 788.17M

$ 698.91K

PancakeSwap

CAKE

$ 2.327

-0.09%

-3.25%

+1.35%

$ 738.28M

$ 708.45K

Ether.Fi Foundation

ETHFI

$ 0.7188

-0.13%

-1.86%

-5.76%

$ 691.29M

$ 7.78M

Pyth Network

PYTH

$ 0.08623

-0.78%

+3.74%

+17.61%

$ 673.31M

$ 44.46M

Raydium

RAY

$ 2.12

-1.17%

-11.51%

-6.22%

$ 577.00M

$ 79.13K

Curve

CRV

$ 0.3653

-0.17%

-2.26%

+2.63%

$ 570.21M

$ 3.23M

TIA

$ 0.6234

+1.25%

+2.72%

+34.56%

$ 566.22M

$ 6.18M

SEI

$ 0.06448

+0.39%

-8.09%

-6.76%

$ 489.05M

$ 6.46M

Staked USDai

SUSDAI

$ 1.12

0.00%

$ 467.43M

$ 4.97M

PayFi Strategy Token USDC

PSTUSDC

$ 1.14

0.00%

$ 407.79M

$ 102.02K

Staked Aave

STKAAVE

$ 159.97

+0.09%

-0.04%

-8.74%

$ 397.30M

$ 6.74K

StakeWise Staked ETH

OSETH

$ 2,720.85

-0.04%

-0.01%

-3.54%

$ 396.27M

$ 439.26K

Plasma

XPL

$ 0.08338

-0.04%

-5.17%

-5.65%

$ 379.17M

$ 11.27M

Falcon Finance

$ 0.11386

+0.50%

-1.30%

+2.81%

$ 378.17M

$ 724.91K

Pendle

PENDLE

$ 2.122

+0.05%

-4.15%

-5.14%

$ 369.03M

$ 289.42K

Lido DAO

LDO

$ 0.4222

+0.14%

-7.96%

-4.51%

$ 346.18M

$ 895.57K

tBTC

TBTC

$ 83,553

-0.06%

-0.00%

-0.70%

$ 343.96M

$ 3.79M

SUN

$ 0.016529

-0.13%

-2.04%

-2.19%

$ 317.70M

$ 9.97M

Derive

DRV

$ 0.428

-0.26%

-8.55%

-14.98%

$ 315.74M

$ 164.49K

Gnosis

GNO

$ 115.4

-0.41%

-0.82%

-3.79%

$ 304.28M

$ 552.41

Maple Finance

SYRUP

$ 0.26103

+0.86%

+1.07%

+4.62%

$ 301.62M

$ 535.44K

Olympus

OHM

$ 20.12

+0.05%

+0.00%

-0.20%

$ 300.42M

$ 242.12K

JITO

JTO

$ 0.5411

+1.27%

-6.11%

+1.65%

$ 287.63M

$ 262.90K

Terra Classic

LUNC

$ 0.00004991

+0.12%

-2.77%

-2.16%

$ 275.04M

$ 2.34B

Marinade Staked SOL

MSOL

$ 152.88

+0.20%

-0.03%

-8.56%

$ 244.13M

$ 3.60M

Compound

COMP

$ 24

-0.13%

-4.47%

+2.53%

$ 239.40M

$ 3.50K

MIOTAC

IOTA

$ 0.05057

-0.02%

-4.42%

-7.38%

$ 235.73M

$ 1.53M

Zebec Network

ZBCN

$ 0.0023317

+0.26%

-2.52%

-6.25%

$ 234.01M

$ 93.35M

Spiko Amundi Overnight Swap Fund

SAFO

$ 1.024

0.00%

+0.10%

$ 221.47M

THORChain

RUNE

$ 0.6695

+0.15%

-5.09%

-8.93%

$ 219.51M

$ 756.12K

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.

What is a Decentralised Exchange (DEX) in the DeFi ecosystem?

How do Automated Market Makers (AMMs) work in DeFi protocols?

What is impermanent loss when providing liquidity to DeFi platforms?

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.

Top Decentralised Finance (DeFi) Tokens by Market Capitalisation

Tradeable Crypto

Category

Decentralized Finance (DeFi)

Smart Contract Platform

Layer 1 (L1)

Proof of Work (PoW)

Other Crypto

New Crypto

Frequently Asked Questions

Disclaimer