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
1
Lido Staked ETH
Lido Staked ETH
STETH
$ 2,411.82
-0.13%
+2.08%
+27.19%
$ 21.53B
$ 59.23
2
Hyperliquid
Hyperliquid
HYPE
$ 76.3
-0.91%
+2.99%
+33.66%
$ 19.32B
$ 76.89K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,976.82
-0.10%
+0.03%
+27.41%
$ 11.15B
$ 45.17M
4
Chainlink
Chainlink
LINK
$ 11.575
-0.29%
+6.58%
+19.64%
$ 7.56B
$ 156.07K
5
UNISWAP
UNISWAP
UNI
$ 4.008
-0.68%
+4.96%
+22.57%
$ 2.46B
$ 268.16K
6
Aster
Aster
ASTER
$ 0.7211
-1.04%
+6.66%
+20.22%
$ 1.95B
$ 6.75M
7
Ondo
Ondo
ONDO
$ 0.39659
-0.08%
+10.22%
+21.74%
$ 1.94B
$ 2.88M
8
AaveToken
AaveToken
AAVE
$ 111.85
-1.40%
+12.35%
+26.52%
$ 1.69B
$ 6.27K
9
Sky Protocol
Sky Protocol
SKY
$ 0.06579
-1.00%
+6.45%
+27.78%
$ 1.54B
$ 991.57K
10
Ethena
Ethena
ENA
$ 0.14729
+2.18%
+41.84%
+78.03%
$ 1.41B
$ 35.66M
11
MORPHO
MORPHO
MORPHO
$ 2.4466
-2.17%
+6.00%
+25.74%
$ 1.24B
$ 72.75K
12
Bitway
Bitway
BTW
$ 0.480977
+5.07%
+17.79%
+71.27%
$ 1.04B
$ 5.22M
13
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
0.00%
0.00%
$ 1.03B
$ 2.83M
14
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.08906
-1.70%
+7.06%
+17.64%
$ 943.64M
$ 8.85M
15
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 102.65
-0.53%
+0.05%
+20.81%
$ 917.60M
$ 6.08M
16
JUST
JUST
JST
$ 0.10655
+0.13%
-0.96%
-0.11%
$ 907.60M
$ 598.80K
17
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 4.16
0.00%
+0.03%
+14.92%
$ 828.15M
$ 11.67M
18
Lighter
Lighter
LIT
$ 2.9589
-2.38%
+2.69%
+25.04%
$ 703.38M
$ 3.90M
19
Jupiter
Jupiter
JUP
$ 0.2105
-0.28%
+9.80%
+25.06%
$ 699.26M
$ 1.53M
20
PancakeSwap
PancakeSwap
CAKE
$ 1.77
0.00%
+5.71%
+21.18%
$ 611.89M
$ 820.69K
21
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.5844
-1.46%
+6.88%
+22.47%
$ 515.54M
$ 10.36M
22
Injective
Injective
INJ
$ 4.988
+0.18%
+4.68%
+18.99%
$ 498.56M
$ 649.62K
23
Curve
Curve
CRV
$ 0.3199
-0.03%
+17.27%
+32.47%
$ 482.01M
$ 13.24M
24
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.4795
-1.09%
-0.91%
+18.96%
$ 456.69M
$ 4.31M
25
Pyth Network
Pyth Network
PYTH
$ 0.048
-0.93%
+8.22%
+20.62%
$ 378.63M
$ 64.11M
26
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,542.54
-0.15%
+0.03%
+27.08%
$ 361.60M
$ 9.86K
27
TIA
TIA
TIA
$ 0.3904
+1.40%
+13.71%
+28.88%
$ 360.06M
$ 2.40M
28
Staked USDai
Staked USDai
SUSDAI
$ 1.11
0.00%
0.00%
+0.91%
$ 357.18M
$ 1.80M
29
tBTC
tBTC
TBTC
$ 77,031
-0.35%
+0.07%
+22.28%
$ 340.97M
$ 16.70M
30
SUN
SUN
SUN
$ 0.017674
+0.12%
+1.80%
-1.68%
$ 339.72M
$ 8.90M
31
SEI
SEI
SEI
$ 0.04698
-0.21%
+8.00%
+16.86%
$ 338.23M
$ 4.25M
32
Terra Classic
Terra Classic
LUNC
$ 0.000059
+1.43%
+12.10%
+23.91%
$ 327.65M
$ 3.52B
33
Gnosis
Gnosis
GNO
$ 122.31
-0.48%
-1.71%
+18.06%
$ 322.50M
$ 523.67
34
Velvet
Velvet
VELVET
$ 0.75158
+0.44%
+13.35%
-14.24%
$ 317.74M
$ 816.89K
35
Lido DAO
Lido DAO
LDO
$ 0.3647
-0.55%
+6.77%
+21.17%
$ 305.86M
$ 885.89K
36
JITO
JITO
JTO
$ 0.6229
0.00%
+4.59%
+6.71%
$ 300.63M
$ 225.85K
37
Olympus
Olympus
OHM
$ 18.54
-0.11%
-0.00%
+0.60%
$ 277.16M
$ 291.78K
38
Pendle
Pendle
PENDLE
$ 1.619
+0.75%
+7.04%
+22.77%
$ 275.45M
$ 631.51K
39
Staked Aave
Staked Aave
STKAAVE
$ 109.11
-0.81%
+0.13%
+25.92%
$ 267.51M
$ 27.28K
40
crvUSD
crvUSD
CRVUSD
$ 0.999802
+0.01%
+0.00%
+0.10%
$ 265.07M
$ 60.84M
41
Maple Finance
Maple Finance
SYRUP
$ 0.19846
+0.85%
+10.95%
+24.22%
$ 238.14M
$ 422.59K
42
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.13
0.00%
0.00%
+0.89%
$ 217.73M
$ 23.97K
43
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 127.68
-0.42%
+0.05%
+20.94%
$ 215.00M
$ 1.96M
44
Falcon Finance
Falcon Finance
FF
$ 0.07298
-1.09%
+12.74%
+11.10%
$ 209.19M
$ 1.68M
45
Zebec Network
Zebec Network
ZBCN
$ 0.0019918
-0.99%
+8.08%
+29.38%
$ 203.10M
$ 249.50M
46
Raydium
Raydium
RAY
$ 0.7325
-0.85%
+5.28%
+17.89%
$ 197.41M
$ 205.81K
47
Compound
Compound
COMP
$ 19.49
0.00%
+1.51%
+20.49%
$ 195.20M
$ 4.60K
48
Lido Earn ETH
Lido Earn ETH
EARNETH
$ 2,435.68
+0.18%
+0.03%
+27.64%
$ 190.87M
--
49
Plasma
Plasma
XPL
$ 0.10532
-1.39%
+16.48%
+34.71%
$ 186.66M
$ 156.75M
50
MIOTAC
MIOTAC
IOTA
$ 0.04192
-0.48%
+9.78%
+26.35%
$ 186.47M
$ 1.86M

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.

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.