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
1
Lido Staked ETH
Lido Staked ETH
STETH
$ 2,511.34
-0.21%
+2.55%
+1.08%
$ 24.28B
$ 23.04
2
Hyperliquid
Hyperliquid
HYPE
$ 79.22
+0.54%
+0.30%
-7.05%
$ 20.02B
$ 36.28K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 3,125.7
+0.01%
+0.03%
+0.93%
$ 11.66B
$ 52.91M
4
Chainlink
Chainlink
LINK
$ 11.517
+0.03%
+0.32%
-4.47%
$ 7.58B
$ 132.01K
5
UNISWAP
UNISWAP
UNI
$ 5.971
-0.37%
-0.71%
-15.96%
$ 3.72B
$ 203.88K
6
AaveToken
AaveToken
AAVE
$ 124.32
+0.10%
+2.37%
-8.87%
$ 1.92B
$ 1.66K
7
Aster
Aster
ASTER
$ 0.6807
+0.15%
-3.20%
-14.03%
$ 1.84B
$ 4.14M
8
Ondo
Ondo
ONDO
$ 0.34944
+0.13%
+0.94%
-6.48%
$ 1.70B
$ 1.19M
9
Sky Protocol
Sky Protocol
SKY
$ 0.06128
-0.13%
+1.31%
-13.64%
$ 1.43B
$ 1.23M
10
Bitway
Bitway
BTW
$ 0.513156
+1.51%
+2.04%
+13.03%
$ 1.43B
$ 906.24K
11
Ethena
Ethena
ENA
$ 0.13909
+0.11%
-3.55%
-21.22%
$ 1.41B
$ 286.26M
12
MORPHO
MORPHO
MORPHO
$ 2.2992
+0.36%
+0.68%
-8.19%
$ 1.20B
$ 49.98K
13
Lighter
Lighter
LIT
$ 4.3081
-0.98%
-1.52%
-7.59%
$ 1.08B
$ 2.62M
14
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 115.31
+0.20%
+0.03%
-1.26%
$ 1.06B
$ 3.02M
15
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.09722
+0.59%
+4.90%
-0.96%
$ 1.04B
$ 1.94M
16
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
+0.00%
0.00%
$ 950.04M
$ 3.51M
17
JUST
JUST
JST
$ 0.1064
+0.34%
+2.35%
-3.66%
$ 870.46M
$ 600.94K
18
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 4.43
0.00%
+0.02%
-0.89%
$ 857.58M
$ 8.70M
19
Jupiter
Jupiter
JUP
$ 0.2454
+1.20%
+8.35%
+10.95%
$ 814.14M
$ 3.85M
20
PancakeSwap
PancakeSwap
CAKE
$ 2.182
-0.09%
+2.78%
-3.54%
$ 698.33M
$ 682.92K
21
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.6787
-0.35%
+1.52%
+18.00%
$ 657.60M
$ 19.25M
22
Injective
Injective
INJ
$ 5.714
-0.90%
-4.70%
+13.89%
$ 571.33M
$ 477.40K
23
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.5665
-0.80%
+3.22%
+3.32%
$ 560.97M
$ 8.70M
24
Curve
Curve
CRV
$ 0.3333
-0.24%
-2.38%
-13.41%
$ 516.14M
$ 1.85M
25
Falcon Finance
Falcon Finance
FF
$ 0.15502
-0.37%
-8.38%
+29.51%
$ 485.04M
$ 905.84K
26
Staked USDai
Staked USDai
SUSDAI
$ 1.11
0.00%
0.00%
0.00%
$ 469.77M
$ 919.13K
27
Raydium
Raydium
RAY
$ 1.685
+2.59%
+16.17%
+86.47%
$ 461.68M
$ 677.74K
28
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,694.86
+0.08%
+0.03%
+1.00%
$ 400.23M
$ 717.72K
29
Pyth Network
Pyth Network
PYTH
$ 0.05068
+0.57%
-1.11%
-8.65%
$ 399.97M
$ 7.89M
30
Pendle
Pendle
PENDLE
$ 2
-0.35%
+0.96%
-0.89%
$ 345.74M
$ 396.99K
31
SEI
SEI
SEI
$ 0.04438
+0.45%
-0.34%
-8.41%
$ 330.70M
$ 3.09M
32
tBTC
tBTC
TBTC
$ 77,165
+0.04%
+0.01%
-3.41%
$ 328.09M
$ 14.61M
33
TIA
TIA
TIA
$ 0.3525
-0.14%
-5.54%
-7.38%
$ 324.55M
$ 2.01M
34
SUN
SUN
SUN
$ 0.016752
+0.10%
-0.79%
-0.78%
$ 321.76M
$ 6.96M
35
Lido DAO
Lido DAO
LDO
$ 0.3684
+0.14%
-0.57%
-8.16%
$ 308.14M
$ 629.98K
36
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.13
0.00%
0.00%
0.00%
$ 307.77M
$ 2.98K
37
Staked Aave
Staked Aave
STKAAVE
$ 123.8
+0.32%
+0.02%
-10.12%
$ 307.76M
$ 45.78K
38
Gnosis
Gnosis
GNO
$ 116.36
-0.15%
+1.40%
-1.98%
$ 306.87M
$ 522.25
39
Olympus
Olympus
OHM
$ 20.32
+0.05%
+0.01%
-0.34%
$ 303.02M
$ 451.45K
40
Terra Classic
Terra Classic
LUNC
$ 0.00005083
+0.59%
+1.62%
-3.48%
$ 280.53M
$ 1.56B
41
Maple Finance
Maple Finance
SYRUP
$ 0.21516
-0.28%
-0.62%
+0.45%
$ 256.61M
$ 361.40K
42
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 143.36
+0.41%
+0.03%
-1.04%
$ 234.56M
$ 2.76M
43
Plasma
Plasma
XPL
$ 0.08208
+0.47%
-3.32%
-12.45%
$ 227.92M
$ 8.42M
44
JITO
JITO
JTO
$ 0.4336
+1.40%
+5.17%
+3.76%
$ 225.23M
$ 200.42K
45
crvUSD
crvUSD
CRVUSD
$ 0.999752
0.00%
0.00%
-0.02%
$ 204.69M
$ 42.27M
46
Convex Finance
Convex Finance
CVX
$ 2.052
+0.29%
-1.16%
-12.76%
$ 204.50M
$ 32.57K
47
Compound
Compound
COMP
$ 20.01
+0.25%
-0.40%
-0.94%
$ 200.30M
$ 8.36K
48
Lido Earn ETH
Lido Earn ETH
EARNETH
$ 2,553.77
+0.05%
+0.03%
+0.98%
$ 197.89M
--
49
BUILDon
BUILDon
B
$ 0.18849
+0.72%
-3.20%
+7.18%
$ 188.20M
$ 416.36K
50
MIOTAC
MIOTAC
IOTA
$ 0.03974
+0.58%
+0.30%
-3.48%
$ 183.69M
$ 1.77M

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.