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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
51
Convex Finance
Convex Finance
CVX
$ 1.829
-1.36%
+8.43%
+14.17%
$ 177.89M
$ 73.65K
52
Plasma
Plasma
XPL
$ 0.10421
-1.62%
+16.62%
+23.12%
$ 173.30M
$ 139.16M
53
DEXE
DEXE
DEXE
$ 1.918
-0.52%
+1.00%
-0.68%
$ 159.93M
$ 71.28K
54
Coinbase Wrapped XRP
Coinbase Wrapped XRP
CBXRP
$ 1.36
-0.73%
+0.18%
+35.86%
$ 159.86M
$ 11.28M
55
THORChain
THORChain
RUNE
$ 0.4702
-0.81%
+5.73%
+11.43%
$ 158.02M
$ 667.57K
56
Ethena Staked ENA
Ethena Staked ENA
SENA
$ 0.138555
0.00%
+0.41%
+60.65%
$ 153.64M
$ 646.34K
57
BUILDon
BUILDon
B
$ 0.15805
+0.04%
+1.44%
+2.24%
$ 153.17M
$ 718.81K
58
Frax Ether
Frax Ether
FRXETH
$ 2,378.86
-1.65%
+0.04%
+26.91%
$ 147.49M
$ 887.49K
59
Spiko Amundi Overnight Swap Fund
Spiko Amundi Overnight Swap Fund
SAFO
$ 1.018
0.00%
0.00%
+0.10%
$ 146.42M
--
60
Vision
Vision
VSN
$ 0.038
+1.79%
+1.98%
+7.29%
$ 138.49M
$ 2.03M
61
1INCH
1INCH
1INCH
$ 0.09157
-1.32%
+3.51%
+8.86%
$ 127.35M
$ 738.94K
62
AWE Network
AWE Network
AWE
$ 0.06592
+0.26%
+0.46%
+3.26%
$ 125.99M
$ 894.11K
63
syrupUSDG
syrupUSDG
SYRUPUSDG
$ 1.008
0.00%
0.00%
+0.20%
$ 120.32M
$ 1.01K
64
RealLink
RealLink
REAL
$ 0.08379
+0.39%
-1.32%
+14.20%
$ 114.03M
$ 3.74M
65
Bybit Staked SOL
Bybit Staked SOL
BBSOL
$ 106.51
-1.22%
+0.04%
+21.30%
$ 110.81M
$ 4.65M
66
SoSoValue
SoSoValue
SOSO
$ 0.3169
+0.16%
+1.94%
-4.25%
$ 107.97M
$ 353.91K
67
Instadapp
Instadapp
FLUID
$ 1.347
+1.42%
+7.43%
+16.91%
$ 105.73M
$ 2.10K
68
Kamino
Kamino
KMNO
$ 0.02201
+0.37%
+7.90%
+17.54%
$ 104.43M
$ 3.14M
69
Nexus Mutual
Nexus Mutual
NXM
$ 61.22
-2.20%
+0.03%
+21.66%
$ 103.75M
--
70
Staked Frax Ether
Staked Frax Ether
SFRXETH
$ 2,768.66
-0.57%
+0.05%
+27.43%
$ 103.10M
$ 7.62K
71
Stargate Finance
Stargate Finance
STG
$ 0.1571
0.00%
+2.18%
+7.30%
$ 102.05M
$ 400.42K
72
dYdX
dYdX
DYDX
$ 0.1226
-0.48%
+5.97%
+7.36%
$ 100.70M
$ 1.36M
73
Reserve Rights
Reserve Rights
RSR
$ 0.001466
-2.05%
+11.85%
+25.33%
$ 89.76M
$ 63.81M
74
Origin Ether
Origin Ether
OETH
$ 2,393.63
-1.45%
+0.05%
+27.41%
$ 87.32M
$ 58.42K
75
DeepBook
DeepBook
DEEP
$ 0.016432
-0.97%
+9.41%
+12.19%
$ 85.22M
$ 8.74M
76
Horizen
Horizen
ZEN
$ 4.815
-2.06%
+8.48%
+14.98%
$ 83.63M
$ 48.46K
77
Derive
Derive
DRV
$ 0.11584
-0.69%
+15.13%
+21.37%
$ 82.89M
$ 619.43K
78
YearnFinance
YearnFinance
YFI
$ 2,262.1
-1.14%
+4.92%
+15.77%
$ 80.05M
$ 36.54
79
SNX
SNX
SNX
$ 0.2295
+0.09%
+8.03%
+11.82%
$ 76.93M
$ 349.08K
80
0x
0x
ZRX
$ 0.09137
-0.85%
+10.14%
+15.82%
$ 76.02M
$ 748.06K
81
Lista USD
Lista USD
LISUSD
$ 0.998306
-0.01%
0.00%
+0.08%
$ 75.04M
$ 135.70K
82
Steakhouse USDC Morpho Vault
Steakhouse USDC Morpho Vault
STEAKUSDC
$ 1.14
-0.87%
+0.01%
0.00%
$ 74.64M
--
83
GMX
GMX
GMX
$ 7.095
-0.48%
+2.46%
+6.86%
$ 73.78M
$ 10.32K
84
Orca
Orca
ORCA
$ 1.2217
-0.51%
+6.06%
+14.85%
$ 72.93M
$ 55.74K
85
Huma Finance
Huma Finance
HUMA
$ 0.02222
-0.81%
+2.23%
+10.76%
$ 71.84M
$ 2.43M
86
Turbo
Turbo
TURBO
$ 0.0010961
-0.87%
+18.10%
+29.26%
$ 70.88M
$ 188.99M
87
CoW Protocol
CoW Protocol
COW
$ 0.1176
-0.09%
+5.02%
-24.62%
$ 66.65M
$ 668.11K
88
Numeraire
Numeraire
NMR
$ 8.854
+0.38%
+3.76%
+7.08%
$ 65.52M
$ 8.49K
89
Hydration
Hydration
HDX
$ 0.01105381
-2.94%
+0.05%
+15.32%
$ 65.42M
$ 104.54K
90
VELO
VELO
VELO
$ 0.003786
-0.72%
+1.72%
+17.56%
$ 65.39M
$ 16.38M
91
CyberDEX
CyberDEX
CYDX
$ 0.182346
0.00%
0.00%
+0.06%
$ 63.35M
$ 3.51K
92
Bedrock
Bedrock
BR
$ 0.2387
-0.04%
-0.66%
+9.85%
$ 63.20M
$ 323.02K
93
Treehouse ETH
Treehouse ETH
TETH
$ 2,988.51
-1.68%
+0.04%
+27.30%
$ 61.90M
$ 26.27K
94
Savings xDAI
Savings xDAI
SDAI
$ 1.25
0.00%
-0.00%
0.00%
$ 55.22M
$ 194.02K
95
Brazilian Digital
Brazilian Digital
BRZ
$ 0.19154
-0.09%
-0.00%
-0.11%
$ 54.69M
$ 6.09K
96
Spark
Spark
SPK
$ 0.01765
-4.26%
+19.35%
+22.69%
$ 54.03M
$ 4.89M
97
SUSHI
SUSHI
SUSHI
$ 0.1916
-0.90%
+5.93%
+16.53%
$ 53.78M
$ 349.75K
98
cETH
cETH
CETH
$ 47.86
-1.38%
+0.04%
+26.78%
$ 53.02M
--
99
FLOW
FLOW
FLOW
$ 0.03111
+0.45%
+6.22%
+0.26%
$ 51.88M
$ 2.10M
100
BERA
BERA
BERA
$ 0.1876
-5.39%
+15.29%
+23.90%
$ 50.52M
$ 976.46K

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.