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
$ 1,907.79
+0.30%
+1.51%
+2.35%
$ 17.16B
$ 28.78
2
Hyperliquid
Hyperliquid
HYPE
$ 55.74
+1.45%
-2.97%
+2.72%
$ 14.16B
$ 17.97K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,365.33
+0.06%
+0.02%
+2.33%
$ 8.73B
$ 7.47M
4
Chainlink
Chainlink
LINK
$ 8.154
+0.25%
-0.05%
+0.26%
$ 5.36B
$ 48.84K
5
UNISWAP
UNISWAP
UNI
$ 4.026
+0.97%
-0.74%
-5.11%
$ 2.52B
$ 187.62K
6
Ondo
Ondo
ONDO
$ 0.36854
+0.06%
-3.29%
-8.14%
$ 1.80B
$ 1.23M
7
Aster
Aster
ASTER
$ 0.5999
-0.03%
-1.30%
+0.08%
$ 1.62B
$ 675.19K
8
AaveToken
AaveToken
AAVE
$ 88.65
+0.69%
-2.40%
-7.99%
$ 1.37B
$ 3.35K
9
Sky Protocol
Sky Protocol
SKY
$ 0.05662
+0.50%
-0.04%
-0.16%
$ 1.32B
$ 1.08M
10
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
0.00%
0.00%
$ 1.11B
$ 2.04M
11
MORPHO
MORPHO
MORPHO
$ 1.8996
-0.17%
-0.36%
-3.51%
$ 952.93M
$ 34.56K
12
JUST
JUST
JST
$ 0.10517
-0.38%
+0.42%
+1.93%
$ 898.63M
$ 579.15K
13
Ethena
Ethena
ENA
$ 0.09084
-0.43%
-2.58%
+13.15%
$ 843.87M
$ 2.11M
14
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.58
0.00%
-0.00%
+0.85%
$ 798.01M
$ 1.56M
15
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.07469
-1.11%
-0.21%
+5.70%
$ 796.62M
$ 2.31M
16
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 82.33
-0.02%
-0.01%
+0.34%
$ 745.03M
$ 562.61K
17
Jupiter
Jupiter
JUP
$ 0.1818
+0.05%
-4.36%
-6.18%
$ 604.96M
$ 833.57K
18
Lighter
Lighter
LIT
$ 2.229
+0.14%
+5.09%
+4.68%
$ 552.68M
$ 200.93K
19
PancakeSwap
PancakeSwap
CAKE
$ 1.395
-0.14%
-1.34%
-3.58%
$ 492.26M
$ 278.67K
20
Injective
Injective
INJ
$ 4.643
-0.47%
-5.41%
-4.57%
$ 465.26M
$ 201.79K
21
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.4275
+0.80%
+0.02%
+2.26%
$ 405.82M
$ 157.62K
22
Bitway
Bitway
BTW
$ 0.178458
+3.12%
+21.82%
+101.65%
$ 391.43M
$ 10.29M
23
Staked USDai
Staked USDai
SUSDAI
$ 1.1
0.00%
0.00%
0.00%
$ 353.74M
$ 414.59K
24
SUN
SUN
SUN
$ 0.01799
-0.05%
+0.03%
+0.62%
$ 345.91M
$ 4.37M
25
Curve
Curve
CRV
$ 0.2119
+0.43%
+3.42%
+1.63%
$ 320.63M
$ 1.54M
26
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.3589
+0.62%
-2.68%
-10.11%
$ 316.25M
$ 4.94M
27
tBTC
tBTC
TBTC
$ 64,421
+0.09%
+0.00%
+3.09%
$ 306.82M
$ 1.51M
28
Pyth Network
Pyth Network
PYTH
$ 0.0388
-0.13%
-0.41%
-1.99%
$ 306.42M
$ 6.03M
29
TIA
TIA
TIA
$ 0.3288
-0.03%
-2.08%
+2.36%
$ 302.93M
$ 750.32K
30
SEI
SEI
SEI
$ 0.04148
-0.12%
-0.46%
-1.80%
$ 298.67M
$ 1.54M
31
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,027.71
+0.12%
+0.01%
+0.59%
$ 288.25M
$ 246.72K
32
Gnosis
Gnosis
GNO
$ 106.12
-0.18%
+1.47%
+1.13%
$ 280.18M
$ 550.84
33
Olympus
Olympus
OHM
$ 18.56
-1.07%
-0.00%
-0.16%
$ 277.25M
$ 174.57K
34
Terra Classic
Terra Classic
LUNC
$ 0.0000484
+0.17%
-3.27%
-1.38%
$ 267.30M
$ 3.88B
35
Lido DAO
Lido DAO
LDO
$ 0.2945
-1.04%
-2.10%
-15.70%
$ 248.05M
$ 599.82K
36
JITO
JITO
JTO
$ 0.4937
-0.36%
-3.83%
-5.29%
$ 237.94M
$ 122.72K
37
Pendle
Pendle
PENDLE
$ 1.358
+0.37%
-2.16%
-4.63%
$ 232.22M
$ 202.07K
38
Staked Aave
Staked Aave
STKAAVE
$ 88.43
+0.58%
-0.02%
-8.05%
$ 217.35M
$ 1.95K
39
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.12
0.00%
0.00%
0.00%
$ 215.51M
$ 12.75K
40
crvUSD
crvUSD
CRVUSD
$ 0.99898
0.00%
0.00%
0.00%
$ 213.36M
$ 8.06M
41
Velvet
Velvet
VELVET
$ 0.48559
+0.21%
-6.81%
+18.11%
$ 202.47M
$ 871.56K
42
DEXE
DEXE
DEXE
$ 2.238
-0.27%
-1.67%
-13.54%
$ 187.06M
$ 163.82K
43
Maple Finance
Maple Finance
SYRUP
$ 0.15552
+0.12%
-3.54%
-2.02%
$ 185.40M
$ 453.95K
44
Falcon Finance
Falcon Finance
FF
$ 0.06288
-0.69%
-2.05%
-2.43%
$ 181.21M
$ 911.61K
45
Zebec Network
Zebec Network
ZBCN
$ 0.0017932
-0.42%
+0.52%
-1.64%
$ 179.01M
$ 111.07M
46
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 102.1
-0.04%
-0.00%
+0.35%
$ 172.80M
$ 382.82K
47
BUILDon
BUILDon
B
$ 0.17131
-0.47%
-4.24%
+6.47%
$ 170.03M
$ 697.25K
48
Raydium
Raydium
RAY
$ 0.6147
+0.29%
-0.79%
+1.07%
$ 165.47M
$ 115.30K
49
Compound
Compound
COMP
$ 16.28
+0.62%
-0.61%
-1.45%
$ 162.60M
$ 16.10K
50
MIOTAC
MIOTAC
IOTA
$ 0.03385
+0.30%
+1.62%
+7.21%
$ 152.30M
$ 1.69M

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.