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

451

XSwap

XSWAP

$ 0.005413

0.00%

-0.09%

-2.13%

$ 1.61M

$ 405.60

452

Pawtato

TATO

$ 0.00576929

-0.68%

-0.00%

-4.33%

$ 1.58M

$ 1.10K

453

PAXGy

PAXGY

$ 4,162.17

-0.05%

-0.00%

+0.80%

$ 1.58M

$ 56.88K

454

River Pts

RIVER PTS

$ 0.00181709

0.00%

$ 1.53M

$ 390.97

455

King Protocol

KING

$ 253.17

+0.01%

-0.05%

+3.71%

$ 1.53M

$ 7.47

456

BNPL Pay

BNPL

$ 0.01727577

0.00%

$ 1.52M

$ 5.18

457

MUTE SWAP by Virtuals

MUTE

$ 0.00151624

+0.06%

-0.02%

-10.85%

$ 1.52M

$ 1.07K

458

Rai Reflex Index

RAI

$ 3.03

0.00%

-0.00%

0.00%

$ 1.51M

$ 3.23K

459

Vouch Staked PLS

VPLS

$ 1.064E-5

-1.48%

-2.53%

+0.85%

$ 1.51M

460

Shadow

SHADOW

$ 1.49

0.00%

-0.01%

+31.86%

$ 1.51M

$ 83.05K

461

Based ETH

BSDETH

$ 2,731.63

+0.04%

-0.00%

-1.74%

$ 1.50M

$ 79.20K

462

Veno Finance

VNO

$ 0.00279391

+0.32%

+0.00%

-5.34%

$ 1.49M

$ 446.32

463

Rezor

RZR

$ 3.535E-5

+2.35%

-9.16%

-5.61%

$ 1.48M

464

Kyber Network Crystal Legacy

KNCL

$ 0.13692

0.00%

-0.12%

$ 1.48M

$ 1.09

465

DeFiChain

DFI

$ 0.00159867

+0.06%

-0.21%

-21.81%

$ 1.47M

$ 6.04

466

Streamflow

STREAM

$ 0.009743

+0.19%

+5.20%

+1.36%

$ 1.46M

$ 5.92M

467

Tharwa

TRWA

$ 0.00020833

-0.12%

+0.00%

-6.72%

$ 1.46M

$ 87.86

468

B-Lucky

LUCKY

$ 0.001447

0.00%

-0.28%

-0.82%

$ 1.45M

$ 126.33K

469

NEUY

$ 0.02241125

+0.13%

-0.00%

-0.18%

$ 1.44M

$ 57.21K

470

TENEX

SN67

$ 0.930815

+0.43%

-0.00%

-4.60%

$ 1.43M

$ 20.22K

471

cUNI

CUNI

$ 0.150858

-0.11%

-0.01%

-5.29%

$ 1.42M

472

Frontier

FRONT

$ 0.01568407

0.00%

+0.59%

$ 1.41M

$ 7.25

473

GT3 Finance

GT3

$ 0.00824451

-0.03%

-0.00%

+2.35%

$ 1.41M

$ 148.17

474

Wrapped HLP

WHLP

$ 1.13

0.00%

$ 1.39M

$ 17.81

475

Thales

THALES

$ 0.204916

-0.08%

-0.00%

-0.73%

$ 1.37M

$ 59.80

476

Garden

SEED

$ 0.104018

0.00%

-2.00%

$ 1.36M

$ 1.89

477

Kodiak Finance

KDK

$ 0.091853

+0.01%

-0.00%

-2.23%

$ 1.35M

$ 24.04K

478

XOXNO Staked EGLD

XEGLD

$ 4.23

-0.24%

-0.02%

-21.81%

$ 1.35M

$ 1.95K

479

Eris Amplified Luna

AMPLUNA

$ 0.105731

-0.05%

-0.00%

-4.59%

$ 1.35M

$ 12.98K

480

YieldFi yBTC

YBTC

$ 84,162

-0.14%

0.00%

+0.79%

$ 1.33M

481

Odos

ODOS

$ 0.00082461

+0.12%

+0.01%

-1.79%

$ 1.32M

$ 495.38K

482

Ember Earn

EEARN

$ 1.052

0.00%

+0.00%

+0.57%

$ 1.31M

$ 88.06K

483

Cream

CREAM

$ 0.463325

+0.06%

+1.42%

$ 1.31M

$ 470.94

484

Mancer

MANCER

$ 0.0013407

-1.65%

+0.11%

-8.39%

$ 1.31M

$ 66.19K

485

Usual ETH

ETH0

$ 1,818.75

0.00%

$ 1.29M

$ 38.79

486

Blackhole

BLACK

$ 0.00434852

-0.21%

-0.04%

-22.52%

$ 1.27M

$ 12.67K

487

Hydrex

HYDX

$ 0.02505557

-0.43%

+0.01%

-4.47%

$ 1.27M

$ 21.81K

488

GAGE

$ 0.00126375

-0.16%

+0.14%

+14.54%

$ 1.26M

$ 33.86K

489

Reservoir

DAM

$ 0.00452355

+3.16%

-0.08%

+70.24%

$ 1.26M

$ 9.04K

490

Shido

SHIDO

$ 0.0000711

+0.14%

-2.93%

-15.15%

$ 1.24M

$ 248.54M

491

Alien Base

ALB

$ 0.00481557

-0.70%

-0.01%

+2.74%

$ 1.23M

$ 1.78K

492

TrueFi

TRU

$ 0.00092475

+0.01%

-0.00%

+4.85%

$ 1.16M

$ 3.48K

493

Scallop

SCA

$ 0.00660811

-0.08%

-0.04%

+21.64%

$ 1.15M

$ 59.94K

494

Neemo Staked Astar

NSASTR

$ 0.0056283

0.00%

-0.00%

-6.52%

$ 1.15M

$ 1.00

495

BTC 2x Flexible Leverage Index

BTC2X-FLI

$ 21.14

0.00%

-2.40%

$ 1.12M

$ 62.65

496

Hoge Finance

HOGE

$ 2.88E-6

0.00%

-2.58%

-3.68%

$ 1.12M

497

Pyth ETH

PYTHETH

$ 2,410.56

0.00%

-0.00%

-1.74%

$ 1.12M

498

SwissCheese

SWCH

$ 0.02509

-0.40%

-0.91%

-4.16%

$ 1.10M

$ 7.06M

499

Convertible JPY Token

CJPY

$ 0.00514186

+0.08%

0.00%

+0.65%

$ 1.09M

$ 1.26K

500

Neutrino Index Token

XTN

$ 0.01572507

0.00%

-0.21%

$ 1.08M

$ 1.02

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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.

What is a Decentralized Exchange (DEX) in the DeFi ecosystem?

How do Automated Market Makers (AMMs) work in DeFi protocols?

What is impermanent loss when providing liquidity to DeFi platforms?

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.

Top Decentralized Finance (DeFi) Tokens by Market Capitalization

Tradable Crypto

Category

Decentralized Finance (DeFi)

Smart Contract Platform

Layer 1 (L1)

Proof of Work (PoW)

Other Crypto

New Crypto

Frequently Asked Questions

Disclaimer