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
$ 2,670.99
-0.14%
-0.34%
+9.99%
$ 26.55B
$ 19.96
2
Hyperliquid
Hyperliquid
HYPE
$ 93
-0.14%
+0.87%
+14.63%
$ 23.89B
$ 35.37K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 3,371.77
-0.43%
-0.01%
+10.04%
$ 12.61B
$ 2.96M
4
Chainlink
Chainlink
LINK
$ 12.22
-0.30%
-1.07%
+11.77%
$ 8.36B
$ 123.18K
5
UNISWAP
UNISWAP
UNI
$ 9.296
-0.51%
+9.77%
+31.68%
$ 6.01B
$ 785.79K
6
Bitway
Bitway
BTW
$ 0.934199
+0.98%
+9.49%
+30.78%
$ 2.70B
$ 1.02M
7
AaveToken
AaveToken
AAVE
$ 141.38
-0.43%
+3.80%
+15.74%
$ 2.27B
$ 3.44K
8
Ethena
Ethena
ENA
$ 0.20243
-1.69%
+2.70%
+38.18%
$ 2.14B
$ 191.24M
9
Ondo
Ondo
ONDO
$ 0.41091
-0.16%
+1.52%
+14.72%
$ 2.10B
$ 2.33M
10
Aster
Aster
ASTER
$ 0.6683
-0.45%
-0.84%
-4.09%
$ 1.92B
$ 4.10M
11
Sky Protocol
Sky Protocol
SKY
$ 0.07432
+0.52%
+10.08%
+24.53%
$ 1.74B
$ 1.24M
12
MORPHO
MORPHO
MORPHO
$ 2.4768
-0.06%
+1.16%
+18.20%
$ 1.37B
$ 50.90K
13
Lighter
Lighter
LIT
$ 5.244
+1.29%
+10.95%
+6.28%
$ 1.30B
$ 2.73M
14
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 131.9
-0.29%
-0.00%
+15.52%
$ 1.19B
$ 2.04M
15
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.10276
-0.20%
+0.43%
+8.98%
$ 1.15B
$ 3.34M
16
Jupiter
Jupiter
JUP
$ 0.283
+0.23%
+4.30%
+32.97%
$ 1.01B
$ 1.96M
17
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
0.00%
0.00%
$ 1.00B
$ 1.10M
18
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 4.81
-0.21%
-0.00%
+9.32%
$ 933.11M
$ 7.42M
19
JUST
JUST
JST
$ 0.11216
-0.23%
-2.61%
-3.97%
$ 915.67M
$ 558.16K
20
PancakeSwap
PancakeSwap
CAKE
$ 2.531
-0.76%
+3.68%
+8.40%
$ 827.79M
$ 1.41M
21
Injective
Injective
INJ
$ 7.79
+0.84%
+7.88%
+45.12%
$ 825.76M
$ 823.79K
22
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.6957
+1.96%
+4.69%
+19.39%
$ 706.47M
$ 6.24M
23
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.6543
-0.49%
+1.37%
+12.64%
$ 671.79M
$ 7.93M
24
Curve
Curve
CRV
$ 0.3335
-0.56%
-0.31%
+11.16%
$ 551.86M
$ 3.17M
25
Pyth Network
Pyth Network
PYTH
$ 0.06234
-0.49%
+2.07%
+21.24%
$ 528.17M
$ 29.10M
26
Raydium
Raydium
RAY
$ 1.8854
+0.77%
+7.57%
+27.99%
$ 515.85M
$ 105.94K
27
Staked USDai
Staked USDai
SUSDAI
$ 1.11
0.00%
0.00%
0.00%
$ 494.01M
$ 2.74M
28
Derive
Derive
DRV
$ 0.471008
+0.63%
+0.16%
+101.82%
$ 470.85M
$ 71.47M
29
TIA
TIA
TIA
$ 0.4813
-1.07%
+15.86%
+45.94%
$ 469.63M
$ 7.86M
30
SEI
SEI
SEI
$ 0.05837
-0.36%
+1.18%
+39.30%
$ 462.90M
$ 9.08M
31
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,902.71
-0.33%
-0.01%
+9.99%
$ 428.19M
$ 310.37K
32
Pendle
Pendle
PENDLE
$ 2.337
+0.12%
+1.95%
+4.29%
$ 426.69M
$ 670.57K
33
Falcon Finance
Falcon Finance
FF
$ 0.12324
+0.65%
-1.64%
-5.86%
$ 395.11M
$ 1.02M
34
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.13
0.00%
0.00%
0.00%
$ 378.62M
$ 3.36K
35
Staked Aave
Staked Aave
STKAAVE
$ 144.94
-0.63%
+0.01%
+16.09%
$ 360.63M
$ 32.33K
36
tBTC
tBTC
TBTC
$ 85,331
-0.15%
-0.00%
+11.38%
$ 358.76M
$ 2.51M
37
Lido DAO
Lido DAO
LDO
$ 0.4006
-0.89%
+3.67%
+17.31%
$ 351.01M
$ 812.86K
38
SUN
SUN
SUN
$ 0.017161
-0.06%
+0.54%
+3.58%
$ 332.81M
$ 17.88M
39
Bedrock
Bedrock
BR
$ 1.0671
-0.56%
+1.60%
+57.53%
$ 323.57M
$ 371.39K
40
Terra Classic
Terra Classic
LUNC
$ 0.0000528
-0.07%
+2.85%
+10.83%
$ 308.46M
$ 3.18B
41
Gnosis
Gnosis
GNO
$ 114.44
-0.12%
-0.25%
+0.93%
$ 305.44M
$ 535.66
42
Olympus
Olympus
OHM
$ 20.16
0.00%
0.00%
0.00%
$ 300.85M
$ 281.27K
43
Ethena Staked ENA
Ethena Staked ENA
SENA
$ 0.216235
0.00%
+0.01%
+38.10%
$ 266.50M
$ 147.23K
44
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 163.15
-0.53%
-0.01%
+14.77%
$ 264.91M
$ 1.27M
45
Plasma
Plasma
XPL
$ 0.08558
-0.59%
+3.29%
+10.50%
$ 263.75M
$ 13.31M
46
JITO
JITO
JTO
$ 0.4723
-0.16%
+0.28%
+14.86%
$ 262.54M
$ 296.98K
47
Maple Finance
Maple Finance
SYRUP
$ 0.20685
+2.41%
+1.42%
+5.63%
$ 260.35M
$ 540.77K
48
crvUSD
crvUSD
CRVUSD
$ 0.999541
0.00%
0.00%
+0.06%
$ 234.54M
$ 13.27M
49
BUILDon
BUILDon
B
$ 0.22314
-0.14%
+4.79%
+24.57%
$ 231.57M
$ 401.54K
50
Compound
Compound
COMP
$ 22.01
+0.26%
+2.79%
+17.88%
$ 228.10M
$ 9.63K

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.