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
$ 2,362.54
+0.47%
+4.46%
+25.46%
$ 21.21B
$ 27.90
2
Hyperliquid
Hyperliquid
HYPE
$ 73.31
+0.45%
+1.43%
+29.99%
$ 18.55B
$ 60.88K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,928.63
+0.22%
+0.05%
+25.41%
$ 10.97B
$ 30.28M
4
Chainlink
Chainlink
LINK
$ 11.009
+0.26%
+3.79%
+16.37%
$ 7.19B
$ 115.36K
5
UNISWAP
UNISWAP
UNI
$ 3.84
+0.60%
+6.23%
+17.54%
$ 2.40B
$ 192.22K
6
Aster
Aster
ASTER
$ 0.6751
+0.32%
+2.42%
+10.95%
$ 1.80B
$ 3.22M
7
Ondo
Ondo
ONDO
$ 0.36593
+0.06%
+5.31%
+11.18%
$ 1.78B
$ 2.22M
8
AaveToken
AaveToken
AAVE
$ 100.61
-0.50%
+4.35%
+16.19%
$ 1.56B
$ 3.29K
9
Sky Protocol
Sky Protocol
SKY
$ 0.06463
+1.26%
+6.85%
+26.07%
$ 1.50B
$ 1.02M
10
Ethena
Ethena
ENA
$ 0.12941
+3.29%
+39.65%
+52.43%
$ 1.20B
$ 16.47M
11
MORPHO
MORPHO
MORPHO
$ 2.2711
-0.12%
+3.68%
+16.13%
$ 1.14B
$ 64.54K
12
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
0.00%
0.00%
$ 1.03B
$ 1.71M
13
Bitway
Bitway
BTW
$ 0.430038
+1.27%
+18.50%
+41.76%
$ 950.48M
$ 8.04M
14
JUST
JUST
JST
$ 0.10703
-0.29%
+0.67%
+0.83%
$ 911.28M
$ 613.75K
15
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 101.25
+0.44%
+0.06%
+19.37%
$ 907.03M
$ 3.05M
16
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.08475
+1.04%
+4.21%
+12.29%
$ 904.72M
$ 5.75M
17
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 4.11
+0.49%
+0.04%
+13.54%
$ 822.94M
$ 6.83M
18
Lighter
Lighter
LIT
$ 2.7713
+0.48%
-5.15%
+17.98%
$ 673.20M
$ 3.96M
19
Jupiter
Jupiter
JUP
$ 0.1952
+0.52%
+6.83%
+14.73%
$ 644.14M
$ 998.35K
20
PancakeSwap
PancakeSwap
CAKE
$ 1.681
+0.48%
+3.68%
+16.28%
$ 585.50M
$ 541.87K
21
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.5507
+0.44%
+6.06%
+23.49%
$ 485.69M
$ 11.07M
22
Injective
Injective
INJ
$ 4.812
+0.46%
+3.02%
+13.97%
$ 477.26M
$ 596.14K
23
Curve
Curve
CRV
$ 0.3114
-0.13%
+16.38%
+29.57%
$ 475.19M
$ 9.66M
24
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.4827
+0.06%
+3.27%
+19.31%
$ 459.64M
$ 6.10M
25
Pyth Network
Pyth Network
PYTH
$ 0.04763
+1.71%
+8.61%
+16.57%
$ 365.64M
$ 46.46M
26
Staked USDai
Staked USDai
SUSDAI
$ 1.11
0.00%
0.00%
+0.91%
$ 356.47M
$ 1.44M
27
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,497.2
-0.07%
+0.04%
+24.89%
$ 354.99M
$ 12.83K
28
SUN
SUN
SUN
$ 0.017396
+0.26%
+1.39%
-3.59%
$ 334.32M
$ 9.33M
29
tBTC
tBTC
TBTC
$ 75,130
+0.29%
+0.08%
+19.38%
$ 332.54M
$ 20.37M
30
Gnosis
Gnosis
GNO
$ 120.71
+0.51%
-0.55%
+17.52%
$ 320.81M
$ 558.46
31
SEI
SEI
SEI
$ 0.04455
+0.41%
+6.95%
+10.53%
$ 319.75M
$ 4.36M
32
TIA
TIA
TIA
$ 0.3488
+0.17%
+6.92%
+12.12%
$ 318.30M
$ 1.32M
33
Terra Classic
Terra Classic
LUNC
$ 0.00005452
-1.04%
+7.22%
+13.12%
$ 298.25M
$ 3.26B
34
Lido DAO
Lido DAO
LDO
$ 0.3437
+0.94%
+1.60%
+14.75%
$ 289.77M
$ 653.80K
35
Velvet
Velvet
VELVET
$ 0.68986
-0.62%
+0.15%
-41.39%
$ 281.53M
$ 660.64K
36
Olympus
Olympus
OHM
$ 18.64
+0.05%
+0.00%
+0.98%
$ 278.57M
$ 262.87K
37
JITO
JITO
JTO
$ 0.5818
+0.25%
+0.49%
-2.33%
$ 275.49M
$ 160.93K
38
Pendle
Pendle
PENDLE
$ 1.549
-0.06%
+4.81%
+18.27%
$ 264.34M
$ 599.06K
39
Staked Aave
Staked Aave
STKAAVE
$ 99.93
-0.90%
+0.05%
+15.23%
$ 245.01M
$ 19.57K
40
crvUSD
crvUSD
CRVUSD
$ 0.999857
+0.07%
0.00%
+0.11%
$ 238.41M
$ 47.84M
41
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.13
0.00%
+0.00%
+0.89%
$ 217.64M
$ 17.26K
42
Maple Finance
Maple Finance
SYRUP
$ 0.18174
+0.65%
+10.41%
+19.84%
$ 215.89M
$ 470.10K
43
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 125.48
+0.63%
+0.06%
+19.30%
$ 211.74M
$ 1.80M
44
Lido Earn ETH
Lido Earn ETH
EARNETH
$ 2,397.44
+0.62%
+0.05%
+25.77%
$ 206.33M
--
45
Zebec Network
Zebec Network
ZBCN
$ 0.0019545
+2.41%
+7.26%
+21.67%
$ 191.78M
$ 164.16M
46
Raydium
Raydium
RAY
$ 0.7075
+0.24%
+5.69%
+13.43%
$ 190.04M
$ 150.27K
47
Falcon Finance
Falcon Finance
FF
$ 0.06635
0.00%
+0.55%
+0.52%
$ 189.00M
$ 940.36K
48
Compound
Compound
COMP
$ 18.91
-0.16%
-1.06%
+16.07%
$ 187.10M
$ 5.36K
49
Telcoin
Telcoin
TEL
$ 0.001845
+0.38%
+12.99%
+22.01%
$ 176.30M
$ 111.26M
50
Convex Finance
Convex Finance
CVX
$ 1.785
-0.34%
+8.55%
+13.18%
$ 174.46M
$ 68.60K

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.