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
Staked Aave
Staked Aave
STKAAVE
$ 98.42
-0.06%
+3.06%
+0.86%
$ 201.09M
$ 10.13K
52
DeepBook
DeepBook
DEEP
$ 0.036709
-0.24%
+1.80%
+10.73%
$ 190.84M
$ 1.98M
53
Convex Finance
Convex Finance
CVX
$ 1.896
-0.16%
+2.33%
+5.76%
$ 184.37M
$ 31.00K
54
Falcon Finance
Falcon Finance
FF
$ 0.07971
+1.24%
-8.72%
+18.43%
$ 183.01M
$ 2.37M
55
Plasma
Plasma
XPL
$ 0.09828
-0.72%
+4.97%
-9.91%
$ 176.69M
$ 4.07M
56
Vision
Vision
VSN
$ 0.04815
+0.12%
+0.25%
-1.17%
$ 174.08M
$ 1.17M
57
Frax Ether
Frax Ether
FRXETH
$ 2,282.3
-0.34%
+1.83%
-0.93%
$ 156.19M
$ 1.53M
58
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.1
0.00%
+0.03%
0.00%
$ 152.90M
$ 38.72K
59
Gauntlet USDC Prime Morpho Vault
Gauntlet USDC Prime Morpho Vault
GTUSDC
$ 1.12
0.00%
-0.05%
0.00%
$ 147.01M
$ 261.95
60
Stargate Finance
Stargate Finance
STG
$ 0.2141
-1.74%
-4.03%
-12.97%
$ 141.51M
$ 262.54K
61
1INCH
1INCH
1INCH
$ 0.10044
-0.65%
+3.44%
+0.05%
$ 141.08M
$ 586.46K
62
Instadapp
Instadapp
FLUID
$ 1.7569
0.00%
+4.90%
-0.24%
$ 136.71M
$ 5.77K
63
dYdX
dYdX
DYDX
$ 0.15803
-0.61%
+5.52%
-12.64%
$ 132.07M
$ 679.07K
64
Ethena Staked ENA
Ethena Staked ENA
SENA
$ 0.123106
-0.77%
+4.45%
-7.39%
$ 131.22M
$ 126.36K
65
Steakhouse USDC Morpho Vault
Steakhouse USDC Morpho Vault
STEAKUSDC
$ 1.13
0.00%
-0.06%
0.00%
$ 127.40M
$ 0.14
66
Bybit Staked SOL
Bybit Staked SOL
BBSOL
$ 106.33
-0.38%
+2.16%
-0.51%
$ 122.30M
$ 2.18M
67
Reserve Rights
Reserve Rights
RSR
$ 0.001962
-0.61%
+1.61%
-11.23%
$ 122.17M
$ 40.16M
68
Spiko Amundi Overnight Swap Fund
Spiko Amundi Overnight Swap Fund
SAFO
$ 1.007
0.00%
+0.01%
0.00%
$ 119.04M
--
69
Horizen
Horizen
ZEN
$ 6.575
-0.24%
+0.46%
-8.18%
$ 118.21M
$ 20.10K
70
SoSoValue
SoSoValue
SOSO
$ 0.3699
+0.60%
+0.38%
-5.91%
$ 114.66M
$ 290.89K
71
SNX
SNX
SNX
$ 0.3334
-0.36%
+0.97%
-8.63%
$ 114.52M
$ 225.88K
72
Whiterock
Whiterock
WHITE
$ 0.00017452
+0.06%
-4.52%
-1.19%
$ 113.47M
$ 310.24M
73
ULTIMA
ULTIMA
ULTIMA
$ 2,934.76
-0.08%
-0.58%
-7.13%
$ 109.75M
$ 129.78
74
Staked Frax Ether
Staked Frax Ether
SFRXETH
$ 2,663.67
-0.03%
+2.32%
-0.20%
$ 109.64M
$ 2.60K
75
AWE Network
AWE Network
AWE
$ 0.05574
-0.09%
+2.48%
+1.88%
$ 108.27M
$ 1.03M
76
Coinbase Wrapped XRP
Coinbase Wrapped XRP
CBXRP
$ 1.5
-1.32%
+6.75%
+4.90%
$ 107.92M
$ 2.33M
77
BERA
BERA
BERA
$ 0.4101
+0.12%
-0.60%
+2.47%
$ 106.97M
$ 315.04K
78
RealLink
RealLink
REAL
$ 0.07765
-0.21%
+2.39%
-1.15%
$ 106.58M
$ 1.37M
79
Kamino
Kamino
KMNO
$ 0.02305
-0.95%
-1.75%
-5.40%
$ 105.57M
$ 3.05M
80
CoW Protocol
CoW Protocol
COW
$ 0.1874
-0.64%
+0.32%
+1.63%
$ 103.77M
$ 297.68K
81
Nexus Mutual
Nexus Mutual
NXM
$ 58.96
-0.39%
+5.64%
-0.77%
$ 102.98M
--
82
0x
0x
ZRX
$ 0.1168
-0.70%
+0.05%
-3.04%
$ 99.23M
$ 693.53K
83
YearnFinance
YearnFinance
YFI
$ 2,705.5
-0.66%
+0.61%
-1.89%
$ 96.67M
$ 27.88
84
Origin Ether
Origin Ether
OETH
$ 2,290.22
-0.32%
+1.54%
-0.94%
$ 95.58M
$ 43.77K
85
Turbo
Turbo
TURBO
$ 0.0013435
-0.71%
+1.71%
+0.37%
$ 92.74M
$ 116.85M
86
Spark
Spark
SPK
$ 0.03391
-0.24%
+1.14%
-11.01%
$ 90.75M
$ 1.96M
87
Orca
Orca
ORCA
$ 1.4706
-0.37%
-0.59%
-8.40%
$ 89.36M
$ 43.19K
88
Block Street
Block Street
BSB
$ 0.42425
+0.88%
-5.72%
-33.94%
$ 87.17M
$ 764.95K
89
Treehouse ETH
Treehouse ETH
TETH
$ 2,829.46
-0.33%
+1.85%
-0.77%
$ 84.44M
$ 45.78K
90
Everything
Everything
EV
$ 0.0008128
-1.09%
-4.19%
-14.99%
$ 80.86M
$ 29.03K
91
Derive
Derive
DRV
$ 0.079919
-0.18%
-1.39%
-9.83%
$ 79.95M
$ 124.29K
92
Amp
Amp
AMP
$ 0.0008886
+0.49%
+0.98%
-1.65%
$ 77.04M
$ 77.99M
93
Lista USD
Lista USD
LISUSD
$ 0.998131
0.00%
+0.01%
-0.06%
$ 75.92M
$ 66.36K
94
Fogo
Fogo
FOGO
$ 0.01984
-0.50%
-0.45%
-9.76%
$ 75.64M
$ 3.06M
95
Savings xDAI
Savings xDAI
SDAI
$ 1.24
0.00%
+0.00%
0.00%
$ 75.40M
$ 3.04M
96
GMX
GMX
GMX
$ 7.125
-0.41%
+0.57%
-4.05%
$ 73.95M
$ 8.18K
97
Huma Finance
Huma Finance
HUMA
$ 0.02543
-0.35%
+5.55%
+18.50%
$ 73.35M
$ 3.45M
98
VELO
VELO
VELO
$ 0.00406
-0.68%
-0.37%
+18.24%
$ 71.85M
$ 10.07M
99
Numeraire
Numeraire
NMR
$ 9.097
+0.08%
+2.44%
-1.00%
$ 68.15M
$ 6.53K
100
Threshold
Threshold
T
$ 0.006098
-0.23%
+1.62%
-2.18%
$ 68.03M
$ 9.30M

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.