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
$ 1,906.54
+0.02%
-0.10%
+2.42%
$ 17.15B
$ 27.95
2
Hyperliquid
Hyperliquid
HYPE
$ 56.12
-0.66%
-1.62%
+5.95%
$ 14.17B
$ 18.04K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,365.92
+0.06%
-0.00%
+2.37%
$ 8.73B
$ 6.23M
4
Chainlink
Chainlink
LINK
$ 8.23
+0.04%
+0.62%
+0.65%
$ 5.40B
$ 78.58K
5
UNISWAP
UNISWAP
UNI
$ 4.022
-0.32%
-0.79%
-7.91%
$ 2.50B
$ 162.56K
6
Ondo
Ondo
ONDO
$ 0.36169
-0.67%
-3.66%
-7.55%
$ 1.76B
$ 1.07M
7
Aster
Aster
ASTER
$ 0.6019
-0.12%
-0.74%
+0.22%
$ 1.62B
$ 643.00K
8
AaveToken
AaveToken
AAVE
$ 89.56
+0.09%
-0.77%
-5.31%
$ 1.38B
$ 2.88K
9
Sky Protocol
Sky Protocol
SKY
$ 0.05551
-0.31%
-1.23%
-1.99%
$ 1.29B
$ 986.86K
10
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
0.00%
0.00%
$ 1.11B
$ 1.60M
11
MORPHO
MORPHO
MORPHO
$ 1.9116
-0.34%
+0.52%
-4.98%
$ 957.85M
$ 34.42K
12
JUST
JUST
JST
$ 0.10562
-0.03%
-0.27%
+2.39%
$ 902.22M
$ 747.80K
13
Ethena
Ethena
ENA
$ 0.09355
-0.46%
+0.04%
+15.06%
$ 857.63M
$ 2.05M
14
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.07499
-0.05%
+0.07%
+5.39%
$ 798.85M
$ 2.15M
15
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.57
0.00%
-0.00%
+0.56%
$ 790.56M
$ 1.40M
16
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 81.96
-0.12%
-0.01%
+0.15%
$ 741.76M
$ 330.55K
17
Jupiter
Jupiter
JUP
$ 0.1821
+0.05%
-2.98%
-5.74%
$ 605.29M
$ 872.92K
18
Lighter
Lighter
LIT
$ 2.3258
+1.46%
+5.22%
+10.03%
$ 574.60M
$ 205.91K
19
PancakeSwap
PancakeSwap
CAKE
$ 1.4
+0.36%
-1.06%
-3.78%
$ 492.61M
$ 239.47K
20
Injective
Injective
INJ
$ 4.637
+0.11%
-5.12%
-4.76%
$ 461.57M
$ 189.78K
21
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.4369
-0.14%
+3.58%
+4.94%
$ 416.49M
$ 161.61K
22
Bitway
Bitway
BTW
$ 0.187609
-0.54%
+19.30%
+90.05%
$ 404.72M
$ 8.82M
23
Staked USDai
Staked USDai
SUSDAI
$ 1.1
0.00%
0.00%
0.00%
$ 353.76M
$ 932.61K
24
SUN
SUN
SUN
$ 0.017994
+0.06%
-0.05%
+1.01%
$ 345.93M
$ 4.03M
25
Curve
Curve
CRV
$ 0.2143
+0.05%
+5.09%
+2.92%
$ 325.64M
$ 2.39M
26
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.3591
-0.14%
-2.55%
-14.67%
$ 312.46M
$ 4.42M
27
tBTC
tBTC
TBTC
$ 64,408
+0.05%
-0.00%
+2.52%
$ 306.94M
$ 1.31M
28
TIA
TIA
TIA
$ 0.3383
+0.45%
-0.63%
+3.91%
$ 305.23M
$ 988.42K
29
Pyth Network
Pyth Network
PYTH
$ 0.039
-0.21%
-1.58%
-3.40%
$ 304.68M
$ 4.74M
30
SEI
SEI
SEI
$ 0.04144
+0.02%
-0.41%
-0.31%
$ 298.38M
$ 956.51K
31
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,027.13
-0.01%
-0.00%
+2.08%
$ 288.16M
$ 267.62K
32
Gnosis
Gnosis
GNO
$ 105.98
-0.17%
-0.06%
+1.14%
$ 279.84M
$ 578.76
33
Olympus
Olympus
OHM
$ 18.64
+0.11%
-0.00%
+0.22%
$ 278.39M
$ 141.90K
34
Terra Classic
Terra Classic
LUNC
$ 0.00004952
+0.16%
-1.61%
-0.99%
$ 269.84M
$ 3.39B
35
Lido DAO
Lido DAO
LDO
$ 0.293
+0.14%
+0.10%
-15.49%
$ 246.02M
$ 636.16K
36
Pendle
Pendle
PENDLE
$ 1.368
-0.07%
-2.71%
-5.29%
$ 232.73M
$ 133.07K
37
JITO
JITO
JTO
$ 0.4803
-0.02%
-8.65%
-6.57%
$ 229.58M
$ 133.90K
38
Staked Aave
Staked Aave
STKAAVE
$ 88.64
+0.06%
-0.01%
-5.90%
$ 217.88M
$ 4.39K
39
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.12
0.00%
0.00%
0.00%
$ 214.42M
$ 35.53K
40
crvUSD
crvUSD
CRVUSD
$ 0.999344
+0.01%
+0.00%
+0.05%
$ 213.79M
$ 7.13M
41
Velvet
Velvet
VELVET
$ 0.46809
-0.79%
-2.00%
+15.84%
$ 199.30M
$ 526.24K
42
DEXE
DEXE
DEXE
$ 2.265
+0.35%
-0.31%
-9.36%
$ 190.58M
$ 193.55K
43
Falcon Finance
Falcon Finance
FF
$ 0.06568
-0.03%
+2.96%
+1.81%
$ 188.92M
$ 931.95K
44
Maple Finance
Maple Finance
SYRUP
$ 0.15348
-0.28%
-3.61%
-3.93%
$ 182.36M
$ 442.16K
45
Zebec Network
Zebec Network
ZBCN
$ 0.0017767
-0.33%
-0.02%
-1.14%
$ 176.98M
$ 112.75M
46
BUILDon
BUILDon
B
$ 0.17164
-0.20%
+0.46%
+9.92%
$ 173.23M
$ 583.10K
47
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 101.76
+0.11%
-0.01%
+0.31%
$ 172.16M
$ 278.98K
48
Raydium
Raydium
RAY
$ 0.6109
-0.02%
-0.91%
+1.80%
$ 164.61M
$ 109.41K
49
Compound
Compound
COMP
$ 16.33
+0.12%
-0.30%
-0.85%
$ 163.70M
$ 12.05K
50
MIOTAC
MIOTAC
IOTA
$ 0.03424
-0.26%
+0.53%
+6.24%
$ 152.97M
$ 1.82M

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.