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
$ 2,119.3
-0.10%
-3.35%
-7.37%
$ 18.77B
$ 30.49
2
Hyperliquid
Hyperliquid
HYPE
$ 45
+0.18%
+5.02%
+11.32%
$ 11.61B
$ 76.29K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,608.3
-0.45%
-2.85%
-7.31%
$ 8.88B
$ 3.72M
4
Chainlink
Chainlink
LINK
$ 9.465
+0.10%
-3.84%
-8.19%
$ 6.22B
$ 86.57K
5
UNISWAP
UNISWAP
UNI
$ 3.427
-0.23%
-4.13%
-9.41%
$ 2.17B
$ 63.56K
6
Aster
Aster
ASTER
$ 0.6495
-0.34%
-2.92%
-5.39%
$ 1.68B
$ 1.91M
7
Ondo
Ondo
ONDO
$ 0.33742
-0.20%
-5.91%
-18.28%
$ 1.65B
$ 1.44M
8
Sky Protocol
Sky Protocol
SKY
$ 0.06907
-0.04%
-2.09%
-7.53%
$ 1.60B
$ 969.98K
9
LAB
LAB
LAB
$ 4.81968
+1.90%
-1.83%
+3.48%
$ 1.50B
$ 241.10K
10
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.16
0.00%
+0.02%
0.00%
$ 1.38B
$ 1.91M
11
AaveToken
AaveToken
AAVE
$ 88.4
-0.11%
-3.28%
-10.17%
$ 1.36B
$ 3.77K
12
DEXE
DEXE
DEXE
$ 13.93
+0.44%
+5.95%
+9.89%
$ 1.17B
$ 6.83K
13
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.08999
0.00%
-2.69%
-11.69%
$ 956.79M
$ 2.71M
14
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 94.05
-0.24%
-2.13%
-10.58%
$ 935.11M
$ 919.24K
15
Ethena
Ethena
ENA
$ 0.10327
-0.14%
-4.67%
-16.55%
$ 931.00M
$ 4.57M
16
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.86
-0.26%
-1.50%
-6.31%
$ 906.48M
$ 8.59M
17
MORPHO
MORPHO
MORPHO
$ 1.7415
-0.18%
-2.76%
-16.38%
$ 852.07M
$ 46.81K
18
JUST
JUST
JST
$ 0.08895
-0.60%
-0.58%
-0.28%
$ 759.80M
$ 701.13K
19
Jupiter
Jupiter
JUP
$ 0.1955
+0.10%
-3.03%
-16.42%
$ 647.46M
$ 907.01K
20
PancakeSwap
PancakeSwap
CAKE
$ 1.424
+0.07%
-2.80%
-8.25%
$ 464.51M
$ 1.07M
21
Injective
Injective
INJ
$ 4.561
-0.22%
-5.45%
-5.71%
$ 457.67M
$ 471.61K
22
SEI
SEI
SEI
$ 0.06023
-0.33%
-5.32%
-15.89%
$ 427.01M
$ 2.79M
23
Terra Classic
Terra Classic
LUNC
$ 0.00007645
-0.14%
-7.68%
-25.19%
$ 420.96M
$ 5.60B
24
tBTC
tBTC
TBTC
$ 76,751
-0.03%
-1.84%
-4.81%
$ 382.21M
$ 22.69M
25
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.405
-0.47%
-5.37%
-18.15%
$ 379.81M
$ 214.35K
26
SUN
SUN
SUN
$ 0.019624
+0.21%
-0.27%
-4.25%
$ 377.93M
$ 7.48M
27
Curve
Curve
CRV
$ 0.2322
+0.26%
-3.37%
-17.45%
$ 349.40M
$ 2.39M
28
TIA
TIA
TIA
$ 0.3776
-0.08%
-5.78%
-16.28%
$ 347.17M
$ 1.78M
29
B
B
B
$ 0.33497
+0.29%
-17.77%
-48.38%
$ 331.22M
$ 919.37K
30
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.375
-0.03%
-4.13%
-14.73%
$ 330.87M
$ 5.67M
31
Gnosis
Gnosis
GNO
$ 117.68
+0.08%
-4.44%
-9.35%
$ 311.04M
$ 709.55
32
Pendle
Pendle
PENDLE
$ 1.797
-0.17%
-4.56%
-11.41%
$ 307.09M
$ 410.49K
33
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,253.96
0.00%
-2.66%
-6.97%
$ 305.43M
$ 7.04K
34
Zebec Network
Zebec Network
ZBCN
$ 0.003006
+0.36%
-6.51%
-15.13%
$ 300.93M
$ 162.32M
35
Lido DAO
Lido DAO
LDO
$ 0.348
+0.23%
-3.09%
-12.66%
$ 295.72M
$ 446.96K
36
Telcoin
Telcoin
TEL
$ 0.003045
+0.03%
+0.27%
+7.52%
$ 288.61M
$ 67.28M
37
Olympus
Olympus
OHM
$ 19.1
-0.47%
+0.04%
+0.74%
$ 286.20M
$ 82.83K
38
Staked USDai
Staked USDai
SUSDAI
$ 1.085
0.00%
-0.03%
+0.09%
$ 285.32M
$ 2.66M
39
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 116.77
-0.15%
-2.17%
-10.71%
$ 267.88M
$ 4.01M
40
ETHGAS
ETHGAS
GWEI
$ 0.14
+5.86%
-4.64%
+12.20%
$ 252.12M
$ 165.09K
41
Maple Finance
Maple Finance
SYRUP
$ 0.21134
-0.09%
-2.52%
-15.26%
$ 251.17M
$ 307.88K
42
Pyth Network
Pyth Network
PYTH
$ 0.0427
-0.33%
-5.50%
-24.05%
$ 246.10M
$ 5.51M
43
MIOTAC
MIOTAC
IOTA
$ 0.05508
0.00%
-3.19%
-13.08%
$ 243.83M
$ 1.03M
44
crvUSD
crvUSD
CRVUSD
$ 0.99913
+0.01%
-0.02%
-0.05%
$ 230.73M
$ 25.75M
45
Lighter
Lighter
LIT
$ 0.9053
+1.84%
+3.17%
-6.63%
$ 226.03M
$ 185.36K
46
Compound
Compound
COMP
$ 21.25
+0.28%
-2.47%
-11.43%
$ 212.70M
$ 3.96K
47
Falcon Finance
Falcon Finance
FF
$ 0.08687
-0.08%
-5.07%
+13.28%
$ 201.22M
$ 2.21M
48
JITO
JITO
JTO
$ 0.4198
-0.68%
-7.61%
-16.06%
$ 199.22M
$ 182.61K
49
Raydium
Raydium
RAY
$ 0.6954
+0.17%
-3.89%
-14.05%
$ 187.39M
$ 91.32K
50
Staked Aave
Staked Aave
STKAAVE
$ 86.56
-0.02%
-3.22%
-12.57%
$ 179.32M
$ 454.58

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.