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

601

Kuvi

KUVI

$ 0.00956377

0.00%

-0.81%

$ 474.77K

$ 2.82

602

Blum

BLUM

$ 0.00117489

-0.19%

-0.05%

-23.40%

$ 473.06K

$ 269.01K

603

Kromatika

KROM

$ 0.00473186

-0.16%

-0.02%

-1.93%

$ 468.41K

$ 130.77

604

Delpho USDV

USDV

$ 1.001

0.00%

$ 467.17K

$ 374.18K

605

iCoin

ICOIN

$ 0.00046602

+0.16%

-0.10%

-45.53%

$ 464.97K

$ 30.89K

606

Bubble Protocol

BPL

$ 0.02312764

+0.13%

-0.21%

-33.74%

$ 462.55K

$ 2.85K

607

Bankless BED Index

BED

$ 107.92

-0.04%

-0.01%

-2.49%

$ 461.68K

$ 2.18K

608

WingRiders

WRT

$ 0.00474747

0.00%

-0.06%

-7.98%

$ 457.33K

$ 154.24

609

Ratehopper AI

ROO

$ 0.00143873

-0.68%

-0.06%

-10.58%

$ 449.49K

$ 82.27

610

Ethervista

VISTA

$ 0.4761

+2.07%

-1.64%

+7.71%

$ 443.38K

$ 116.15K

611

Ravenhood

RVH

$ 0.00576236

-0.30%

-0.01%

-17.00%

$ 438.88K

$ 12.26K

612

Guacamole

GUAC

$ 4.444E-9

-0.18%

-4.38%

-8.43%

$ 436.64K

613

CyberDEX

CYDX

$ 0.00124185

+0.02%

-0.06%

-44.19%

$ 433.81K

$ 882.19

614

Keep3rV1

KP3R

$ 0.894291

-1.05%

-0.03%

-4.57%

$ 432.66K

$ 195.69

615

Brasa Staked FOGO

STFOGO

$ 0.00707925

-0.12%

-0.02%

-7.45%

$ 428.42K

$ 16.52

616

Odin Liquidity Network

ODIN

$ 0.00227446

+0.63%

+0.03%

-3.88%

$ 426.16K

$ 11.10K

617

Levana

LVN

$ 0.00051992

-1.13%

-0.01%

+4.70%

$ 417.50K

$ 46.50

618

xCREDI

XCREDI

$ 0.01530836

0.00%

$ 398.02K

$ 39.48K

619

YieldNest Restaked ETH

YNETH

$ 2,407.34

+0.92%

+0.04%

-1.57%

$ 395.34K

$ 660.16

620

iZUMi Finance

IZI

$ 0.00049597

-0.01%

0.00%

-4.04%

$ 390.53K

$ 900.61

621

Blend

BLND

$ 0.00578536

-0.37%

-0.04%

-18.59%

$ 388.43K

$ 2.40K

622

Alvara Protocol

ALVA

$ 0.00323666

-0.10%

-0.01%

-17.94%

$ 382.68K

$ 93.18

623

BinStarter

BSR

$ 0.00654776

-0.12%

-3.09%

$ 382.39K

$ 732.76

624

Unifi Protocol DAO

UNFI

$ 0.03791289

-0.22%

+0.11%

+9.23%

$ 379.13K

$ 8.68K

625

Silo Finance

SILO

$ 0.00061742

0.00%

$ 377.99K

$ 9.10

626

DeFive

FIVE

$ 0.00030047

-0.49%

-0.01%

+27.61%

$ 362.19K

$ 4.13K

627

THORWallet

TITN

$ 0.00845332

-0.13%

+0.01%

+2.92%

$ 359.27K

$ 34.71K

628

Joule

JOULE

$ 0.00031019

-0.05%

+0.01%

+4.05%

$ 355.30K

$ 263.70

629

Kittenswap

KITTEN

$ 0.00116485

-0.38%

-0.05%

-12.20%

$ 353.35K

$ 1.09K

630

Hive AI

BUZZ

$ 0.00035173

-0.68%

-0.05%

-9.54%

$ 351.62K

$ 1.19K

631

Shade Protocol

SHD

$ 0.064581

0.00%

$ 348.30K

$ 8.77K

632

Mintlayer

$ 0.005406

-0.06%

-0.09%

-1.87%

$ 346.93K

$ 3.30M

633

LEEK

$ 0.00036522

0.00%

-9.64%

$ 333.53K

$ 4.73

634

Acala

ACA

$ 0.00028577

+0.35%

-0.11%

-12.13%

$ 333.40K

$ 4.21K

635

Deri Protocol

DERI

$ 0.00068032

-0.04%

-0.07%

-2.73%

$ 318.42K

$ 36.31

636

Bent Finance

BENT

$ 0.0259034

0.00%

-0.01%

-2.60%

$ 317.06K

$ 287.25

637

TruFin Staked NEAR

TRUNEAR

$ 5.73

-1.72%

-0.11%

-2.55%

$ 316.61K

$ 1.88K

638

Overlay Protocol

OVL

$ 0.00552692

0.00%

-1.05%

$ 313.38K

$ 32.94

639

XWIN Capital

XWIN

$ 0.01790564

-1.10%

-0.02%

-3.66%

$ 310.65K

$ 44.74K

640

YASHIX

YASH

$ 0.0003506

+0.77%

-0.26%

-50.41%

$ 309.20K

$ 16.07K

641

Flamingo Finance

FLM

$ 0.00053932

0.00%

$ 307.28K

$ 47.19K

642

Hyperstable

PEG

$ 0.00109288

-0.06%

-0.00%

-1.55%

$ 305.67K

$ 376.25

643

Pineapple

PAPPLE

$ 0.00032518

-0.14%

-3.13%

$ 303.39K

$ 57.12

644

Greenwood

GWOOD

$ 0.00075726

-0.03%

-0.19%

+27.74%

$ 302.98K

$ 3.96K

645

Rari Governance

RGT

$ 0.02419964

0.00%

$ 302.13K

$ 2.31

646

SmartCredit

SMARTCREDIT

$ 0.133054

0.00%

-7.64%

$ 299.58K

$ 4.48

647

USDZ

$ 0.979209

0.00%

$ 293.76K

$ 109.32

648

Polkamarkets

POLK

$ 0.00288369

-0.16%

-0.01%

-5.18%

$ 288.37K

$ 323.70

649

Demex

DMX

$ 0.00016739

-2.69%

-0.03%

+3.29%

$ 288.33K

$ 86.56

650

Ouroboros

ORX

$ 0.00051044

-4.17%

-0.01%

-25.17%

$ 288.09K

$ 7.94K

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