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
$ 1.842
+1.38%
+11.31%
+14.87%
$ 179.66M
$ 68.21K
52
Plasma
Plasma
XPL
$ 0.10181
-5.54%
+21.20%
+28.95%
$ 179.66M
$ 161.24M
53
DEXE
DEXE
DEXE
$ 1.986
-0.15%
+2.03%
+1.82%
$ 164.03M
$ 71.91K
54
Coinbase Wrapped XRP
Coinbase Wrapped XRP
CBXRP
$ 1.36
0.00%
+0.15%
+36.00%
$ 159.97M
$ 12.36M
55
THORChain
THORChain
RUNE
$ 0.4654
-0.37%
+5.94%
+9.82%
$ 156.23M
$ 751.50K
56
BUILDon
BUILDon
B
$ 0.15615
+0.39%
-1.09%
+5.47%
$ 156.04M
$ 763.82K
57
Ethena Staked ENA
Ethena Staked ENA
SENA
$ 0.138983
0.00%
+0.38%
+60.73%
$ 153.83M
$ 738.15K
58
Frax Ether
Frax Ether
FRXETH
$ 2,372.05
+0.31%
+0.04%
+26.28%
$ 147.06M
$ 1.08M
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
$ 0.038
+0.29%
+1.01%
+7.03%
$ 138.30M
$ 1.89M
61
AWE Network
AWE Network
AWE
$ 0.0671
+1.51%
+2.88%
+4.74%
$ 129.58M
$ 911.32K
62
1INCH
1INCH
1INCH
$ 0.09183
-0.36%
+5.01%
+10.20%
$ 128.72M
$ 761.15K
63
syrupUSDG
syrupUSDG
SYRUPUSDG
$ 1.008
0.00%
0.00%
+0.10%
$ 120.31M
$ 1.01K
64
RealLink
RealLink
REAL
$ 0.08249
-0.16%
+0.13%
+12.81%
$ 112.52M
$ 3.44M
65
Kamino
Kamino
KMNO
$ 0.02306
+1.29%
+11.22%
+23.84%
$ 109.85M
$ 3.17M
66
Bybit Staked SOL
Bybit Staked SOL
BBSOL
$ 105.38
+0.10%
+0.04%
+19.68%
$ 109.84M
$ 4.59M
67
SoSoValue
SoSoValue
SOSO
$ 0.3182
-0.16%
+1.70%
-3.67%
$ 108.72M
$ 341.47K
68
Stargate Finance
Stargate Finance
STG
$ 0.1656
+1.61%
+9.34%
+14.86%
$ 108.33M
$ 396.37K
69
Instadapp
Instadapp
FLUID
$ 1.4006
0.00%
+7.44%
+18.19%
$ 106.89M
$ 2.52K
70
Nexus Mutual
Nexus Mutual
NXM
$ 61.36
-0.18%
+0.04%
+21.72%
$ 104.00M
--
71
Staked Frax Ether
Staked Frax Ether
SFRXETH
$ 2,725.03
-0.63%
+0.03%
+24.93%
$ 101.48M
$ 13.61K
72
dYdX
dYdX
DYDX
$ 0.11999
+0.56%
+8.25%
+7.89%
$ 101.29M
$ 1.58M
73
Reserve Rights
Reserve Rights
RSR
$ 0.001468
+0.07%
+14.51%
+26.30%
$ 91.33M
$ 61.63M
74
Horizen
Horizen
ZEN
$ 4.923
-0.25%
+14.73%
+20.08%
$ 87.12M
$ 47.98K
75
Derive
Derive
DRV
$ 0.11811
-0.27%
+22.42%
+27.17%
$ 86.83M
$ 603.67K
76
Origin Ether
Origin Ether
OETH
$ 2,376.38
+0.02%
+0.04%
+26.34%
$ 86.69M
$ 63.71K
77
DeepBook
DeepBook
DEEP
$ 0.016551
-0.43%
+12.08%
+12.29%
$ 85.94M
$ 7.28M
78
YearnFinance
YearnFinance
YFI
$ 2,285.4
-0.03%
+6.88%
+14.29%
$ 81.04M
$ 36.61
79
SNX
SNX
SNX
$ 0.2381
+1.51%
+14.77%
+18.30%
$ 80.86M
$ 397.69K
80
0x
0x
ZRX
$ 0.09353
+0.89%
+16.72%
+21.59%
$ 79.70M
$ 785.40K
81
Lista USD
Lista USD
LISUSD
$ 0.998287
0.00%
0.00%
+0.08%
$ 75.04M
$ 122.85K
82
Orca
Orca
ORCA
$ 1.2217
-0.12%
+7.95%
+15.05%
$ 74.05M
$ 54.56K
83
GMX
GMX
GMX
$ 7.124
+0.16%
+4.74%
+6.61%
$ 73.93M
$ 10.48K
84
Steakhouse USDC Morpho Vault
Steakhouse USDC Morpho Vault
STEAKUSDC
$ 1.14
0.00%
+0.00%
0.00%
$ 72.69M
--
85
Huma Finance
Huma Finance
HUMA
$ 0.02216
+1.37%
+2.98%
+2.69%
$ 72.20M
$ 2.65M
86
Turbo
Turbo
TURBO
$ 0.0010242
-3.24%
+16.49%
+28.87%
$ 70.57M
$ 227.39M
87
CoW Protocol
CoW Protocol
COW
$ 0.1189
+0.34%
+8.18%
-27.66%
$ 68.15M
$ 736.60K
88
Numeraire
Numeraire
NMR
$ 8.931
+0.45%
+5.56%
+8.73%
$ 66.38M
$ 8.19K
89
VELO
VELO
VELO
$ 0.003799
-0.37%
+3.85%
+20.63%
$ 66.36M
$ 15.93M
90
Hydration
Hydration
HDX
$ 0.01104449
+0.67%
+0.05%
+14.84%
$ 65.36M
$ 145.53K
91
CyberDEX
CyberDEX
CYDX
$ 0.182229
0.00%
0.00%
0.00%
$ 63.31M
$ 3.59K
92
Treehouse ETH
Treehouse ETH
TETH
$ 2,963.37
+0.06%
+0.04%
+26.30%
$ 61.40M
$ 24.42K
93
Bedrock
Bedrock
BR
$ 0.2285
-3.89%
-3.49%
+12.55%
$ 60.66M
$ 297.25K
94
Savings xDAI
Savings xDAI
SDAI
$ 1.25
0.00%
+0.00%
-0.79%
$ 55.47M
$ 174.72K
95
SUSHI
SUSHI
SUSHI
$ 0.1959
+0.62%
+10.21%
+20.14%
$ 55.45M
$ 339.75K
96
Brazilian Digital
Brazilian Digital
BRZ
$ 0.192254
+0.20%
+0.00%
+0.17%
$ 54.89M
$ 8.11K
97
Spark
Spark
SPK
$ 0.01773
+2.22%
+20.25%
+21.76%
$ 53.85M
$ 5.19M
98
BERA
BERA
BERA
$ 0.195
-3.29%
+19.96%
+29.03%
$ 52.90M
$ 1.12M
99
cETH
cETH
CETH
$ 47.71
+0.44%
+0.04%
+26.18%
$ 52.86M
--
100
FLOW
FLOW
FLOW
$ 0.03147
+1.03%
+9.75%
+0.99%
$ 52.60M
$ 2.00M

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.