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

951

Accred

CRED

$ 2.65E-5

-24.57%

-63.09%

-66.07%

$ 25.97K

952

Trava Finance

TRAVA

$ 5.38E-6

0.00%

-4.10%

$ 25.51K

953

Reddex

LQDX

$ 0.00020977

0.00%

$ 25.38K

$ 13.42

954

Givest

GIVEST

$ 2.464E-5

-0.65%

-1.70%

-1.75%

$ 24.64K

955

Plasma Finance

PPAY

$ 2.544E-5

0.00%

-8.06%

$ 24.17K

956

Ooga Booga

OOGA

$ 0.00080338

+0.54%

+1.76%

$ 23.86K

$ 19.07

957

Jellyverse

JLY

$ 0.00016899

+0.34%

+0.01%

-1.47%

$ 23.64K

$ 19.80

958

Record Nexus

RECORD

$ 2.344E-5

-0.13%

-12.81%

+45.14%

$ 23.44K

959

Fletch Finance

FLETCH

$ 2.342E-5

-0.38%

-1.51%

-10.78%

$ 23.42K

960

O3 Swap

$ 0.00088227

0.00%

+2.68%

$ 22.86K

$ 2.30

961

BANX

$ 1.52E-6

0.00%

$ 22.86K

962

DackieSwap

DACKIE

$ 0.00022303

+0.03%

-0.00%

+24.93%

$ 22.63K

$ 1.17

963

Invariant

INVT

$ 0.00057165

0.00%

$ 22.62K

$ 2.83

964

deFusion

DEF

$ 0.00023911

0.00%

$ 22.53K

$ 23.97

965

Ethereans

$ 0.02262872

0.00%

+0.29%

$ 22.19K

$ 34.53

966

SubQuery Network

SQT

$ 5.86E-6

+0.17%

-3.65%

-2.50%

$ 22.18K

967

trustInWeb3

T3AI

$ 2.171E-5

0.00%

-2.21%

-7.58%

$ 21.48K

968

Blindfold Finance

BLIND

$ 2.107E-5

0.00%

-5.81%

$ 21.04K

969

Nia

NIA

$ 0.069969

0.00%

-0.03%

+0.89%

$ 20.99K

$ 50.50

970

AicroStrategy

AISTR

$ 0.02099092

0.00%

-9.40%

$ 20.99K

$ 1.23

971

Wing Finance

WING

$ 0.00299829

0.00%

$ 20.69K

$ 810.89

972

LNKD Networks

LNKD

$ 5.351E-5

0.00%

-3.39%

$ 20.55K

973

ENKI Protocol

ENKI

$ 0.136955

-0.20%

-0.01%

+3.55%

$ 20.54K

$ 105.26

974

Kaleido

KALEIDO

$ 4.27

0.00%

-0.00%

-7.38%

$ 19.63K

$ 5.95

975

Re7 USDT Morpho Vault

RE7USDT

$ 1.019

0.00%

$ 19.58K

976

Pulseium

PSM

$ 1.2573E-8

-2.53%

0.00%

-10.90%

$ 19.56K

977

88mph

MPH

$ 0.01223153

+0.03%

-0.00%

-0.22%

$ 19.25K

$ 11.13

978

ARROWS

$ 2.184E-5

+0.14%

-16.96%

-55.01%

$ 19.22K

979

WagyuSwap

WAG

$ 4.733E-5

0.00%

$ 19.14K

980

Phi Protocol

PHI

$ 1.833E-5

+0.11%

0.00%

-6.48%

$ 18.30K

981

Maneki AI by Virtuals

MANEKI

$ 1.815E-5

+0.39%

0.00%

-12.70%

$ 18.15K

982

Retard Finance

REFI

$ 1.813E-5

+0.17%

-1.58%

-8.20%

$ 18.11K

983

Mendi Finance

MENDI

$ 0.00032344

0.00%

$ 17.91K

$ 9.55

984

useStated

STATED

$ 1.77328E-7

0.00%

-4.76%

$ 17.73K

985

Blitz

BLTZ

$ 1.1094E-8

-2.54%

0.00%

+1.50%

$ 17.26K

986

GarudaX

GRDX

$ 0.00049322

-0.32%

-0.01%

-12.90%

$ 17.24K

$ 94.31

987

Hexagon

HEXA

$ 1.1006E-8

-3.09%

-3.26%

-1.59%

$ 17.12K

988

Lamas Finance

LMF

$ 0.00228345

+0.45%

-0.00%

-5.30%

$ 16.76K

$ 27.85

989

GBM Tokens

GBM

$ 1.667E-5

0.00%

$ 16.67K

990

FogSwap

FOG

$ 1.644E-5

+0.18%

0.00%

-3.86%

$ 16.43K

991

Alandale

LUTE

$ 0.00145578

+0.63%

-0.03%

-31.37%

$ 16.41K

$ 7.82K

992

METERA

$ 3.228E-5

0.00%

-4.38%

$ 16.21K

993

AURO Finance

AURO

$ 0.0001298

0.00%

$ 16.07K

$ 0.01

994

UltraXRP

ULTRAXRP

$ 1.41

-0.70%

+0.00%

-0.70%

$ 15.86K

$ 26.74

995

Poolz Finance

POOLX

$ 0.00285512

0.00%

-10.32%

$ 15.70K

$ 16.71

996

Rabbit Finance

RABBIT

$ 0.00014742

-0.02%

+0.00%

-1.85%

$ 15.69K

$ 6.04

997

Bloom Terminal

BLOOM

$ 0.00016036

0.00%

-39.45%

$ 15.63K

$ 23.01

998

Spaceswap MILK2

MILK2

$ 0.00070186

0.00%

-2.51%

$ 15.48K

$ 5.80

999

Nexus

NEX

$ 0.0000007732

+0.19%

-2.34%

-4.73%

$ 89.21B

1000

Grvt

GRVT

$ 0.2108

-0.43%

-2.93%

-7.94%

$ 1.70M

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)

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Frequently Asked Questions

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