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
$ 2,310.88
+0.39%
+2.49%
-0.03%
$ 20.27B
$ 25.98
2
Hyperliquid
Hyperliquid
HYPE
$ 44.45
+2.03%
+13.27%
+2.45%
$ 11.28B
$ 49.51K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,859.6
+0.08%
+2.44%
+0.23%
$ 9.66B
$ 5.57M
4
Chainlink
Chainlink
LINK
$ 10.702
+0.55%
+4.91%
+3.27%
$ 7.03B
$ 138.74K
5
UNISWAP
UNISWAP
UNI
$ 3.801
+1.15%
+4.32%
+2.90%
$ 2.41B
$ 126.95K
6
Ondo
Ondo
ONDO
$ 0.39917
+0.36%
+4.88%
-8.64%
$ 1.95B
$ 2.32M
7
LAB
LAB
LAB
$ 6.10065
+6.15%
-0.13%
+53.42%
$ 1.94B
$ 615.07K
8
Aster
Aster
ASTER
$ 0.68
+0.04%
+0.37%
-0.38%
$ 1.76B
$ 1.74M
9
Sky Protocol
Sky Protocol
SKY
$ 0.07331
+0.34%
-1.09%
-9.90%
$ 1.71B
$ 1.08M
10
AaveToken
AaveToken
AAVE
$ 100.83
+1.20%
+4.50%
+5.30%
$ 1.54B
$ 3.63K
11
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.16
0.00%
+0.03%
0.00%
$ 1.38B
$ 5.84M
12
Ethena
Ethena
ENA
$ 0.12351
+1.33%
+5.79%
-4.59%
$ 1.12B
$ 2.83M
13
DEXE
DEXE
DEXE
$ 12.936
-0.27%
+6.72%
+7.35%
$ 1.08B
$ 8.91K
14
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 103.8
+0.45%
+2.45%
+0.01%
$ 1.03B
$ 1.41M
15
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.09504
+0.38%
-2.48%
-6.66%
$ 1.01B
$ 3.15M
16
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 4.1
+0.24%
+1.75%
+0.24%
$ 967.88M
$ 7.41M
17
MORPHO
MORPHO
MORPHO
$ 1.9622
-0.20%
-1.14%
-7.54%
$ 963.71M
$ 39.46K
18
JUST
JUST
JST
$ 0.08999
-0.06%
-1.57%
+8.54%
$ 770.13M
$ 762.61K
19
Jupiter
Jupiter
JUP
$ 0.2269
+0.71%
+1.43%
-5.14%
$ 753.71M
$ 3.17M
20
Injective
Injective
INJ
$ 5.081
+0.02%
-1.08%
+21.50%
$ 514.15M
$ 1.68M
21
B
B
B
$ 0.49419
+4.68%
-24.34%
+33.42%
$ 507.68M
$ 3.24M
22
PancakeSwap
PancakeSwap
CAKE
$ 1.544
+0.26%
+1.38%
-0.45%
$ 504.29M
$ 315.02K
23
SEI
SEI
SEI
$ 0.06824
+0.43%
+1.34%
+5.29%
$ 473.22M
$ 3.17M
24
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.4777
+0.19%
+0.99%
+4.79%
$ 449.35M
$ 229.53K
25
Terra Classic
Terra Classic
LUNC
$ 0.00007968
+1.63%
-5.85%
-14.62%
$ 444.64M
$ 10.89B
26
TIA
TIA
TIA
$ 0.4753
+0.08%
+1.23%
+7.51%
$ 436.04M
$ 4.06M
27
tBTC
tBTC
TBTC
$ 81,713
-0.11%
+3.21%
+1.64%
$ 419.18M
$ 12.69M
28
Curve
Curve
CRV
$ 0.2793
+0.87%
+2.62%
+8.41%
$ 418.23M
$ 3.12M
29
SUN
SUN
SUN
$ 0.020025
0.00%
-0.64%
-0.99%
$ 385.00M
$ 2.96M
30
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.455
+0.71%
+1.60%
+1.38%
$ 381.70M
$ 4.19M
31
Zebec Network
Zebec Network
ZBCN
$ 0.0036049
-0.89%
+6.04%
+10.34%
$ 362.33M
$ 127.73M
32
Pendle
Pendle
PENDLE
$ 2.044
+1.32%
+3.29%
+1.02%
$ 352.86M
$ 670.11K
33
Gnosis
Gnosis
GNO
$ 129.45
+0.41%
+2.95%
-2.82%
$ 342.16M
$ 728.28
34
Lido DAO
Lido DAO
LDO
$ 0.395
+0.87%
+0.74%
-3.53%
$ 334.53M
$ 400.79K
35
Telcoin
Telcoin
TEL
$ 0.003342
+0.29%
+24.18%
+64.03%
$ 328.57M
$ 105.32M
36
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,458.55
+0.27%
+1.91%
+0.31%
$ 327.35M
$ 108.69K
37
Pyth Network
Pyth Network
PYTH
$ 0.052
+0.78%
+0.72%
-9.70%
$ 298.14M
$ 7.54M
38
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 128.66
+0.44%
+2.37%
+0.02%
$ 295.07M
$ 2.36M
39
Olympus
Olympus
OHM
$ 19.5
+0.05%
+2.72%
+1.99%
$ 292.19M
$ 262.05K
40
Maple Finance
Maple Finance
SYRUP
$ 0.24068
-0.13%
+1.35%
-6.47%
$ 284.43M
$ 279.19K
41
MIOTAC
MIOTAC
IOTA
$ 0.06349
-0.06%
+2.63%
+1.19%
$ 279.10M
$ 1.26M
42
Staked USDai
Staked USDai
SUSDAI
$ 1.085
0.00%
+0.06%
+0.18%
$ 272.96M
$ 5.02M
43
crvUSD
crvUSD
CRVUSD
$ 0.999806
+0.01%
-0.03%
0.00%
$ 253.26M
$ 16.88M
44
Lido Earn ETH
Lido Earn ETH
EARNETH
$ 2,327.29
+0.05%
+2.45%
+0.07%
$ 251.00M
$ 9.67K
45
JITO
JITO
JTO
$ 0.5167
-1.72%
+5.75%
-12.49%
$ 243.87M
$ 251.20K
46
Compound
Compound
COMP
$ 22.81
+0.09%
-0.31%
+0.22%
$ 227.56M
$ 4.07K
47
Lighter
Lighter
LIT
$ 0.9078
+0.74%
+0.54%
-11.74%
$ 226.78M
$ 136.49K
48
ETHGAS
ETHGAS
GWEI
$ 0.13104
+0.31%
-0.79%
-2.97%
$ 218.72M
$ 61.75K
49
Raydium
Raydium
RAY
$ 0.8006
+0.65%
+2.42%
-6.33%
$ 215.04M
$ 94.92K
50
THORChain
THORChain
RUNE
$ 0.5963
+0.25%
+2.85%
+0.13%
$ 209.13M
$ 519.54K

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.