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
251
Coinbase Wrapped DOGE
Coinbase Wrapped DOGE
CBDOGE
$ 0.083713
-0.30%
+0.08%
+19.69%
$ 9.76M
$ 50.71K
252
Stakestone
Stakestone
STO
$ 0.04348
-1.24%
+6.31%
+11.85%
$ 9.72M
$ 1.50M
253
Bella
Bella
BEL
$ 0.12069
+0.84%
+8.66%
+12.50%
$ 9.61M
$ 580.29K
254
BENQI
BENQI
BENQI
$ 0.001346
-0.38%
+3.84%
-0.23%
$ 9.54M
$ 77.82M
255
THENA
THENA
THE
$ 0.07154
+1.21%
+11.41%
+16.70%
$ 9.47M
$ 1.06M
256
ynETH MAX
ynETH MAX
YNETHX
$ 2,474.21
-0.39%
--
+26.41%
$ 9.45M
$ 11.62
257
Paradex
Paradex
DIME
$ 0.01380723
+0.01%
+0.32%
+20.37%
$ 9.22M
$ 1.88K
258
ERA
ERA
ERA
$ 0.06174
+0.18%
+4.44%
+2.09%
$ 9.15M
$ 1.71M
259
Vestra DAO
Vestra DAO
VSTR
$ 0.00438661
-1.03%
-0.05%
-28.40%
$ 8.82M
$ 51.33K
260
Haedal Protocol
Haedal Protocol
HAEDAL
$ 0.01969
-0.30%
+5.83%
+14.20%
$ 8.34M
$ 4.04M
261
balancer
balancer
BAL
$ 0.11577
-0.22%
+2.37%
+9.97%
$ 8.11M
$ 491.66K
262
Resolv
Resolv
RESOLV
$ 0.01946
0.00%
+6.90%
+11.26%
$ 7.87M
$ 4.23M
263
BeatSwap
BeatSwap
BTX
$ 0.034868
-0.31%
-0.60%
-1.91%
$ 7.84M
$ 10.65M
264
Compound USDC
Compound USDC
CUSDC
$ 0.02529459
-0.17%
0.00%
-0.02%
$ 7.78M
--
265
cDAI
cDAI
CDAI
$ 0.02504122
-0.18%
0.00%
-0.05%
$ 7.76M
--
266
Drift Protocol
Drift Protocol
DRIFT
$ 0.01277
-0.79%
+5.79%
+11.11%
$ 7.71M
$ 5.61M
267
Yellow
Yellow
YELLOW
$ 0.04018551
-0.05%
+0.05%
-0.52%
$ 7.69M
$ 1.02M
268
Anyswap
Anyswap
ANY
$ 0.581185
-0.38%
+0.05%
+11.50%
$ 7.66M
$ 2.38
269
MUX Protocol
MUX Protocol
MCB
$ 2.01
0.00%
+0.00%
-3.37%
$ 7.66M
$ 764.98
270
Solomon
Solomon
SOLO
$ 0.664825
0.00%
+0.05%
+10.31%
$ 7.60M
$ 161.90K
271
Badger
Badger
BADGER
$ 0.38849
+0.21%
+0.06%
+13.26%
$ 7.58M
$ 21.88K
272
Soil
Soil
SOIL
$ 0.10628
+0.15%
+0.62%
+15.04%
$ 7.48M
$ 268.52K
273
Pika Protocol
Pika Protocol
PIKA
$ 0.388701
-0.35%
+0.04%
+24.45%
$ 7.39M
$ 27.31
274
WorldAssets
WorldAssets
INC
$ 0.081352
-1.15%
-0.01%
+2.62%
$ 7.32M
$ 74.77K
275
Stake DAO
Stake DAO
SDT
$ 0.106987
-0.43%
+0.03%
+26.16%
$ 7.31M
$ 4.69K
276
Access Protocol
Access Protocol
ACS
$ 0.0001371
0.00%
+6.87%
+10.80%
$ 7.28M
$ 404.16M
277
Bitlight Labs
Bitlight Labs
LIGHT
$ 0.1677
-0.82%
+3.12%
-2.66%
$ 7.26M
$ 885.20K
278
FC Barcelona FT
FC Barcelona FT
BAR
$ 0.2787
+0.07%
+2.53%
+6.44%
$ 7.07M
$ 298.47K
279
NFTX
NFTX
NFTX
$ 10.86
-0.18%
+0.04%
+16.27%
$ 7.06M
$ 33.62
280
Unity
Unity
UTY
$ 0.999237
0.00%
--
0.00%
$ 7.00M
$ 152.88
281
Abelian
Abelian
ABEL
$ 0.0598
-0.22%
+0.29%
-6.04%
$ 7.00M
$ 152.98K
282
Quickswap
Quickswap
QUICK
$ 0.008867
-0.25%
+7.15%
+8.19%
$ 6.73M
$ 6.60M
283
Xauras
Xauras
XRS
$ 0.02979331
-0.01%
0.00%
+0.05%
$ 6.66M
$ 15.40K
284
Treehouse AVAX
Treehouse AVAX
TAVAX
$ 9.64
-1.03%
+0.09%
+16.43%
$ 6.54M
$ 1.92K
285
Phoenix
Phoenix
PHNIX
$ 0.000012782
+0.25%
+13.87%
+39.14%
$ 6.50M
$ 6.22B
286
Avalon
Avalon
AVL
$ 0.01671019
-0.45%
+0.05%
+2.36%
$ 6.49M
$ 949.92K
287
Pear Protocol
Pear Protocol
PEAR
$ 0.01329838
+2.84%
-0.03%
-7.77%
$ 6.47M
$ 47.24K
288
ETH Strategy
ETH Strategy
STRAT
$ 0.151162
0.00%
--
+20.17%
$ 6.42M
$ 9.41K
289
Inverse Finance
Inverse Finance
INV
$ 8.96
-5.39%
-0.01%
+5.16%
$ 6.34M
$ 38.61K
290
Tethereum
Tethereum
T99
$ 0.311453
-0.01%
0.00%
+1.05%
$ 6.27M
$ 92.84
291
Origin Dollar
Origin Dollar
OUSD
$ 0.999554
0.00%
0.00%
+0.07%
$ 6.20M
$ 56.91K
292
Minswap
Minswap
MIN
$ 0.003521
+0.45%
+7.69%
+17.80%
$ 6.13M
$ 9.21M
293
Dialectic ETH Vault
Dialectic ETH Vault
DETH
$ 2,411.85
-0.17%
+0.04%
+26.65%
$ 6.13M
$ 8.53
294
NAVI Protocol
NAVI Protocol
NAVX
$ 0.007488
+0.74%
+0.28%
+6.37%
$ 6.11M
$ 7.77M
295
Marlin POND
Marlin POND
POND
$ 0.0007504
+0.47%
+4.98%
+5.34%
$ 6.11M
$ 76.44M
296
Re7 WETH
Re7 WETH
RE7WETH
$ 2,491.4
-0.41%
+0.04%
+26.38%
$ 6.06M
--
297
Hera Finance
Hera Finance
HERA
$ 1.29
0.00%
+0.06%
+5.74%
$ 5.99M
$ 21.64K
298
renBTC
renBTC
RENBTC
$ 19,150.35
+0.84%
+0.07%
+20.77%
$ 5.83M
$ 15.41K
299
Nomina
Nomina
NOM
$ 0.00196
-0.10%
+14.67%
+24.10%
$ 5.78M
$ 35.81M
300
WETH ARM LP Token
WETH ARM LP Token
ARM-WETH
$ 2,385.86
-0.83%
+0.04%
+26.60%
$ 5.73M
--

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.