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
1
Lido Staked ETH
Lido Staked ETH
STETH
$ 2,383.35
+0.81%
+5.09%
+27.12%
$ 21.48B
$ 27.88
2
Hyperliquid
Hyperliquid
HYPE
$ 73.64
+0.67%
+2.42%
+30.77%
$ 18.64B
$ 59.91K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,965.84
+0.76%
+0.06%
+27.32%
$ 11.11B
$ 29.89M
4
Chainlink
Chainlink
LINK
$ 11.503
+2.65%
+5.92%
+21.84%
$ 7.43B
$ 128.03K
5
UNISWAP
UNISWAP
UNI
$ 3.943
+1.14%
+4.99%
+19.22%
$ 2.42B
$ 197.09K
6
Aster
Aster
ASTER
$ 0.726
+0.04%
+2.74%
+13.23%
$ 1.84B
$ 2.98M
7
Ondo
Ondo
ONDO
$ 0.37411
+0.77%
+4.96%
+12.40%
$ 1.79B
$ 2.27M
8
AaveToken
AaveToken
AAVE
$ 106.24
+0.78%
+3.34%
+17.02%
$ 1.56B
$ 3.29K
9
Sky Protocol
Sky Protocol
SKY
$ 0.06477
-0.34%
+5.35%
+26.55%
$ 1.50B
$ 1.03M
10
Ethena
Ethena
ENA
$ 0.13329
+3.07%
+37.37%
+57.31%
$ 1.23B
$ 18.94M
11
MORPHO
MORPHO
MORPHO
$ 2.2901
+0.97%
+3.90%
+17.31%
$ 1.15B
$ 64.63K
12
Bitway
Bitway
BTW
$ 0.485629
+7.95%
+32.27%
+61.28%
$ 1.11B
$ 7.75M
13
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
0.00%
0.00%
$ 1.03B
$ 1.83M
14
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.08819
+7.34%
+11.31%
+20.76%
$ 971.67M
$ 7.04M
15
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 102.22
+0.59%
+0.06%
+20.98%
$ 915.74M
$ 5.22M
16
JUST
JUST
JST
$ 0.10642
-0.26%
+0.46%
+0.49%
$ 910.94M
$ 614.65K
17
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 4.13
+0.49%
+0.04%
+14.09%
$ 826.83M
$ 7.40M
18
Lighter
Lighter
LIT
$ 2.7488
-0.01%
-4.95%
+20.47%
$ 685.50M
$ 3.79M
19
Jupiter
Jupiter
JUP
$ 0.1973
+0.62%
+3.23%
+15.10%
$ 647.79M
$ 1.02M
20
PancakeSwap
PancakeSwap
CAKE
$ 1.705
0.00%
+4.12%
+18.38%
$ 596.06M
$ 572.99K
21
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.5625
+1.05%
-0.14%
+17.70%
$ 491.94M
$ 10.96M
22
Injective
Injective
INJ
$ 4.899
+1.02%
+2.68%
+15.94%
$ 486.36M
$ 652.56K
23
Curve
Curve
CRV
$ 0.3174
+1.18%
+16.37%
+30.70%
$ 479.74M
$ 10.09M
24
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.4923
+0.54%
+2.94%
+20.54%
$ 464.02M
$ 5.76M
25
Pyth Network
Pyth Network
PYTH
$ 0.0501
+1.89%
+12.97%
+23.42%
$ 385.56M
$ 57.00M
26
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,537.91
+0.86%
+0.06%
+27.24%
$ 360.96M
$ 16.66K
27
Staked USDai
Staked USDai
SUSDAI
$ 1.11
0.00%
0.00%
+0.91%
$ 356.37M
$ 647.14K
28
tBTC
tBTC
TBTC
$ 76,545
+1.48%
+0.10%
+21.58%
$ 337.71M
$ 22.16M
29
SUN
SUN
SUN
$ 0.017404
+0.10%
+1.13%
-3.52%
$ 334.66M
$ 9.87M
30
TIA
TIA
TIA
$ 0.3556
+1.35%
+6.57%
+14.39%
$ 324.00M
$ 1.45M
31
SEI
SEI
SEI
$ 0.04513
+0.61%
+5.99%
+11.98%
$ 323.28M
$ 4.68M
32
Gnosis
Gnosis
GNO
$ 122.81
-0.19%
-1.31%
+16.80%
$ 319.09M
$ 554.56
33
Terra Classic
Terra Classic
LUNC
$ 0.00005479
+0.64%
+6.84%
+15.34%
$ 301.61M
$ 3.32B
34
Lido DAO
Lido DAO
LDO
$ 0.3492
+1.02%
+1.46%
+14.22%
$ 292.38M
$ 694.67K
35
Velvet
Velvet
VELVET
$ 0.67706
-0.62%
+2.30%
-42.40%
$ 282.71M
$ 633.54K
36
JITO
JITO
JTO
$ 0.594
+0.93%
+1.88%
-1.15%
$ 282.69M
$ 162.90K
37
Olympus
Olympus
OHM
$ 18.68
+0.11%
+0.00%
+1.19%
$ 279.12M
$ 277.60K
38
Pendle
Pendle
PENDLE
$ 1.587
+0.65%
+3.73%
+18.33%
$ 265.88M
$ 606.70K
39
Staked Aave
Staked Aave
STKAAVE
$ 100.59
+0.82%
+0.05%
+16.19%
$ 247.10M
$ 19.73K
40
crvUSD
crvUSD
CRVUSD
$ 0.999479
0.00%
0.00%
+0.08%
$ 238.31M
$ 61.31M
41
Maple Finance
Maple Finance
SYRUP
$ 0.18462
+0.78%
+10.02%
+21.79%
$ 218.82M
$ 479.15K
42
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.13
0.00%
+0.00%
+0.89%
$ 217.79M
$ 17.58K
43
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 126.47
+0.33%
+0.05%
+20.51%
$ 213.16M
$ 1.73M
44
Zebec Network
Zebec Network
ZBCN
$ 0.0019425
-1.18%
+5.72%
+22.87%
$ 192.73M
$ 160.88M
45
Raydium
Raydium
RAY
$ 0.7166
+0.59%
+1.84%
+14.87%
$ 191.71M
$ 148.06K
46
Compound
Compound
COMP
$ 19.16
+0.84%
+1.76%
+18.54%
$ 191.20M
$ 5.82K
47
Falcon Finance
Falcon Finance
FF
$ 0.06673
-0.30%
+1.86%
+0.73%
$ 190.79M
$ 939.11K
48
Lido Earn ETH
Lido Earn ETH
EARNETH
$ 2,410.35
+0.28%
+0.06%
+26.67%
$ 188.73M
--
49
Telcoin
Telcoin
TEL
$ 0.001967
+1.25%
+12.93%
+24.17%
$ 178.70M
$ 110.75M
50
Convex Finance
Convex Finance
CVX
$ 1.82
+0.17%
+7.78%
+14.49%
$ 176.81M
$ 69.41K

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.