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
$ 0.04096
+0.77%
+12.51%
+23.68%
$ 182.47M
$ 1.89M
52
Convex Finance
Convex Finance
CVX
$ 1.831
+0.33%
+6.21%
+16.05%
$ 179.46M
$ 68.19K
53
Coinbase Wrapped XRP
Coinbase Wrapped XRP
CBXRP
$ 1.38
-0.72%
+0.19%
+37.86%
$ 161.55M
$ 12.13M
54
DEXE
DEXE
DEXE
$ 1.942
-0.26%
+1.11%
-0.93%
$ 160.68M
$ 70.57K
55
THORChain
THORChain
RUNE
$ 0.4683
+0.53%
+6.48%
+12.19%
$ 159.10M
$ 694.73K
56
BUILDon
BUILDon
B
$ 0.15512
+1.25%
+2.26%
+5.58%
$ 158.22M
$ 738.29K
57
Ethena Staked ENA
Ethena Staked ENA
SENA
$ 0.138978
+0.31%
+0.40%
+61.14%
$ 154.12M
$ 756.50K
58
Frax Ether
Frax Ether
FRXETH
$ 2,391.8
-0.57%
+0.05%
+27.59%
$ 148.45M
$ 1.05M
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
$ 0.0381
-0.39%
+0.24%
+7.34%
$ 138.05M
$ 2.05M
61
1INCH
1INCH
1INCH
$ 0.09208
+0.66%
+4.47%
+10.74%
$ 129.24M
$ 744.57K
62
AWE Network
AWE Network
AWE
$ 0.06598
+0.75%
+2.23%
+5.96%
$ 128.04M
$ 898.94K
63
syrupUSDG
syrupUSDG
SYRUPUSDG
$ 1.008
0.00%
0.00%
+0.10%
$ 120.31M
$ 1.01K
64
RealLink
RealLink
REAL
$ 0.08314
+0.50%
-0.63%
+15.32%
$ 115.13M
$ 3.47M
65
Bybit Staked SOL
Bybit Staked SOL
BBSOL
$ 106.67
-0.69%
+0.04%
+21.55%
$ 111.16M
$ 4.69M
66
SoSoValue
SoSoValue
SOSO
$ 0.3182
+0.16%
+2.42%
-4.06%
$ 108.38M
$ 352.10K
67
Kamino
Kamino
KMNO
$ 0.02213
+0.27%
+8.06%
+20.09%
$ 106.46M
$ 3.08M
68
Instadapp
Instadapp
FLUID
$ 1.3582
+0.16%
+6.56%
+17.21%
$ 106.00M
$ 2.95K
69
Nexus Mutual
Nexus Mutual
NXM
$ 62.05
-0.24%
+0.04%
+23.43%
$ 105.17M
--
70
Stargate Finance
Stargate Finance
STG
$ 0.1585
+1.16%
+4.11%
+10.32%
$ 103.84M
$ 397.09K
71
dYdX
dYdX
DYDX
$ 0.11703
+1.00%
+8.67%
+10.33%
$ 103.59M
$ 1.41M
72
Staked Frax Ether
Staked Frax Ether
SFRXETH
$ 2,775.97
+0.06%
+0.05%
+27.30%
$ 103.37M
$ 13.29K
73
Reserve Rights
Reserve Rights
RSR
$ 0.001469
+0.96%
+13.38%
+26.49%
$ 91.70M
$ 63.53M
74
Origin Ether
Origin Ether
OETH
$ 2,405.72
-0.24%
+0.05%
+28.13%
$ 87.76M
$ 59.03K
75
DeepBook
DeepBook
DEEP
$ 0.016416
+1.76%
+11.34%
+16.13%
$ 87.62M
$ 8.60M
76
Horizen
Horizen
ZEN
$ 4.829
0.00%
+12.81%
+20.09%
$ 87.21M
$ 48.45K
77
Derive
Derive
DRV
$ 0.11458
+0.87%
+17.45%
+25.23%
$ 85.44M
$ 610.05K
78
YearnFinance
YearnFinance
YFI
$ 2,267
+0.31%
+5.99%
+16.72%
$ 81.02M
$ 37.37
79
SNX
SNX
SNX
$ 0.2298
+0.75%
+10.50%
+15.04%
$ 79.07M
$ 374.31K
80
0x
0x
ZRX
$ 0.09277
+0.94%
+11.89%
+18.11%
$ 77.52M
$ 753.64K
81
Turbo
Turbo
TURBO
$ 0.0010737
-0.18%
+25.34%
+38.29%
$ 75.63M
$ 210.72M
82
Lista USD
Lista USD
LISUSD
$ 0.998368
-0.01%
0.00%
+0.08%
$ 75.04M
$ 132.46K
83
Steakhouse USDC Morpho Vault
Steakhouse USDC Morpho Vault
STEAKUSDC
$ 1.14
0.00%
0.00%
+0.88%
$ 74.56M
--
84
Orca
Orca
ORCA
$ 1.2257
+1.03%
+7.55%
+16.75%
$ 74.23M
$ 55.83K
85
GMX
GMX
GMX
$ 7.114
-0.55%
+2.40%
+7.03%
$ 73.90M
$ 10.35K
86
Huma Finance
Huma Finance
HUMA
$ 0.02212
+0.23%
+2.63%
+3.49%
$ 72.46M
$ 2.60M
87
CoW Protocol
CoW Protocol
COW
$ 0.1172
+0.60%
+5.95%
-25.85%
$ 68.09M
$ 735.62K
88
VELO
VELO
VELO
$ 0.003781
+0.96%
+2.85%
+20.61%
$ 66.50M
$ 18.20M
89
Numeraire
Numeraire
NMR
$ 8.858
-0.18%
+4.51%
+8.27%
$ 66.35M
$ 8.29K
90
Hydration
Hydration
HDX
$ 0.01106834
-0.12%
+0.06%
+15.95%
$ 65.50M
$ 119.09K
91
CyberDEX
CyberDEX
CYDX
$ 0.182346
0.00%
0.00%
+0.06%
$ 63.35M
$ 3.45K
92
Bedrock
Bedrock
BR
$ 0.2391
-1.85%
-4.75%
+10.51%
$ 62.36M
$ 304.18K
93
Treehouse ETH
Treehouse ETH
TETH
$ 3,005.87
+0.01%
+0.05%
+28.14%
$ 62.27M
$ 26.16K
94
Savings xDAI
Savings xDAI
SDAI
$ 1.25
0.00%
0.00%
-0.79%
$ 55.31M
$ 186.06K
95
SUSHI
SUSHI
SUSHI
$ 0.1916
+0.52%
+7.76%
+18.71%
$ 54.96M
$ 351.62K
96
Brazilian Digital
Brazilian Digital
BRZ
$ 0.192022
+0.06%
-0.00%
+0.14%
$ 54.82M
$ 6.68K
97
Spark
Spark
SPK
$ 0.01739
+0.92%
+20.25%
+22.59%
$ 54.40M
$ 5.14M
98
cETH
cETH
CETH
$ 48.27
-0.54%
+0.05%
+27.90%
$ 53.48M
--
99
BERA
BERA
BERA
$ 0.1963
+2.07%
+18.21%
+27.45%
$ 51.93M
$ 991.08K
100
FLOW
FLOW
FLOW
$ 0.03125
+0.16%
+6.36%
+0.42%
$ 51.88M
$ 2.12M

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.