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
MIOTAC
MIOTAC
IOTA
$ 0.04127
+1.28%
+11.47%
+25.27%
$ 184.54M
$ 1.92M
52
Convex Finance
Convex Finance
CVX
$ 1.807
-0.76%
+9.44%
+15.12%
$ 178.58M
$ 69.16K
53
DEXE
DEXE
DEXE
$ 1.967
+1.09%
+2.85%
+0.98%
$ 163.36M
$ 68.90K
54
Coinbase Wrapped XRP
Coinbase Wrapped XRP
CBXRP
$ 1.39
+0.72%
+0.19%
+39.00%
$ 162.30M
$ 12.67M
55
THORChain
THORChain
RUNE
$ 0.4636
-0.58%
+6.15%
+11.12%
$ 157.61M
$ 697.02K
56
BUILDon
BUILDon
B
$ 0.15564
-1.80%
+0.91%
+5.90%
$ 154.94M
$ 762.42K
57
Ethena Staked ENA
Ethena Staked ENA
SENA
$ 0.138986
+0.01%
+0.35%
+60.63%
$ 154.03M
$ 859.20K
58
Frax Ether
Frax Ether
FRXETH
$ 2,376.62
-0.63%
+0.04%
+26.90%
$ 147.27M
$ 1.09M
59
Spiko Amundi Overnight Swap Fund
Spiko Amundi Overnight Swap Fund
SAFO
$ 1.018
0.00%
0.00%
+0.10%
$ 146.47M
--
60
Vision
Vision
VSN
$ 0.03793
-0.58%
+0.66%
+6.98%
$ 138.16M
$ 2.06M
61
1INCH
1INCH
1INCH
$ 0.09169
+0.37%
+5.35%
+11.07%
$ 129.59M
$ 741.67K
62
AWE Network
AWE Network
AWE
$ 0.06537
+0.06%
+2.14%
+4.31%
$ 127.75M
$ 899.45K
63
syrupUSDG
syrupUSDG
SYRUPUSDG
$ 1.008
0.00%
0.00%
+0.10%
$ 120.30M
$ 1.01K
64
RealLink
RealLink
REAL
$ 0.08199
-0.71%
-0.61%
+13.68%
$ 113.36M
$ 3.45M
65
Bybit Staked SOL
Bybit Staked SOL
BBSOL
$ 106.22
-0.48%
+0.04%
+21.02%
$ 110.70M
$ 4.67M
66
SoSoValue
SoSoValue
SOSO
$ 0.318
+0.66%
-0.84%
-3.42%
$ 109.20M
$ 350.71K
67
Kamino
Kamino
KMNO
$ 0.02244
+0.81%
+9.51%
+22.08%
$ 108.10M
$ 3.11M
68
Instadapp
Instadapp
FLUID
$ 1.3582
0.00%
+7.44%
+18.19%
$ 106.89M
$ 2.53K
69
Stargate Finance
Stargate Finance
STG
$ 0.1613
+1.84%
+6.88%
+12.35%
$ 105.82M
$ 394.65K
70
Nexus Mutual
Nexus Mutual
NXM
$ 61.28
-0.70%
+0.03%
+21.95%
$ 103.87M
--
71
Staked Frax Ether
Staked Frax Ether
SFRXETH
$ 2,736.63
-0.90%
+0.04%
+25.59%
$ 102.86M
$ 13.25K
72
dYdX
dYdX
DYDX
$ 0.11928
+2.07%
+5.86%
+6.27%
$ 99.76M
$ 1.56M
73
Reserve Rights
Reserve Rights
RSR
$ 0.001461
+0.34%
+14.15%
+26.99%
$ 91.83M
$ 62.75M
74
Horizen
Horizen
ZEN
$ 4.841
+1.26%
+14.60%
+20.64%
$ 87.50M
$ 48.12K
75
DeepBook
DeepBook
DEEP
$ 0.01613
+0.49%
+13.27%
+12.96%
$ 87.03M
$ 7.38M
76
Origin Ether
Origin Ether
OETH
$ 2,381.67
-0.64%
+0.04%
+26.92%
$ 86.88M
$ 63.83K
77
Derive
Derive
DRV
$ 0.12086
-1.25%
+18.08%
+23.80%
$ 84.68M
$ 608.98K
78
YearnFinance
YearnFinance
YFI
$ 2,265.2
0.00%
+6.25%
+15.79%
$ 80.92M
$ 36.84
79
SNX
SNX
SNX
$ 0.231
+0.04%
+12.23%
+15.61%
$ 79.34M
$ 376.52K
80
0x
0x
ZRX
$ 0.09296
+0.08%
+14.47%
+19.49%
$ 78.32M
$ 767.51K
81
Lista USD
Lista USD
LISUSD
$ 0.998373
0.00%
0.00%
+0.09%
$ 75.04M
$ 133.35K
82
Turbo
Turbo
TURBO
$ 0.0010596
-0.74%
+22.98%
+36.30%
$ 74.40M
$ 217.06M
83
Orca
Orca
ORCA
$ 1.2203
+0.33%
+8.69%
+15.89%
$ 74.24M
$ 55.71K
84
Steakhouse USDC Morpho Vault
Steakhouse USDC Morpho Vault
STEAKUSDC
$ 1.13
-0.88%
-0.00%
0.00%
$ 74.01M
--
85
GMX
GMX
GMX
$ 7.074
-0.53%
+3.00%
+6.12%
$ 73.64M
$ 10.44K
86
Huma Finance
Huma Finance
HUMA
$ 0.02184
-1.49%
+0.88%
+2.01%
$ 71.05M
$ 2.62M
87
CoW Protocol
CoW Protocol
COW
$ 0.1174
+0.17%
+7.54%
-37.49%
$ 67.69M
$ 737.04K
88
VELO
VELO
VELO
$ 0.003796
+1.35%
+5.54%
+22.12%
$ 67.30M
$ 15.25M
89
Numeraire
Numeraire
NMR
$ 8.849
+0.29%
+5.12%
+8.51%
$ 66.30M
$ 8.36K
90
Hydration
Hydration
HDX
$ 0.01106166
-0.18%
+0.05%
+15.01%
$ 65.46M
$ 120.08K
91
Bedrock
Bedrock
BR
$ 0.24
+1.04%
+3.31%
+16.01%
$ 63.61M
$ 298.83K
92
CyberDEX
CyberDEX
CYDX
$ 0.182348
0.00%
0.00%
+0.06%
$ 63.35M
$ 3.51K
93
Treehouse ETH
Treehouse ETH
TETH
$ 2,967.47
-0.78%
+0.04%
+26.50%
$ 61.49M
$ 24.26K
94
Savings xDAI
Savings xDAI
SDAI
$ 1.25
0.00%
-0.00%
-1.57%
$ 55.44M
$ 211.22K
95
BERA
BERA
BERA
$ 0.1989
+7.29%
+27.19%
+35.91%
$ 55.42M
$ 1.04M
96
SUSHI
SUSHI
SUSHI
$ 0.192
+0.21%
+8.20%
+18.96%
$ 54.90M
$ 346.72K
97
Brazilian Digital
Brazilian Digital
BRZ
$ 0.192075
-0.03%
-0.00%
+0.17%
$ 54.84M
$ 6.83K
98
cETH
cETH
CETH
$ 47.73
-1.08%
+0.04%
+26.57%
$ 52.89M
--
99
Spark
Spark
SPK
$ 0.01708
-2.19%
+17.10%
+18.08%
$ 52.37M
$ 5.14M
100
FLOW
FLOW
FLOW
$ 0.0312
+0.39%
+7.15%
-0.38%
$ 52.00M
$ 2.11M

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.