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
$ 2,451.4
+0.25%
-0.36%
-0.20%
$ 22.02B
$ 23.75
2
Hyperliquid
Hyperliquid
HYPE
$ 79.16
-0.76%
-4.87%
-6.50%
$ 19.97B
$ 25.10K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 3,045.51
+0.29%
-0.00%
-0.15%
$ 11.35B
$ 3.04M
4
Chainlink
Chainlink
LINK
$ 11.492
-0.05%
-1.50%
-1.42%
$ 7.55B
$ 63.96K
5
UNISWAP
UNISWAP
UNI
$ 6.027
+0.87%
+0.84%
-2.69%
$ 3.74B
$ 162.06K
6
Aster
Aster
ASTER
$ 0.7028
+0.11%
-2.35%
-5.17%
$ 1.89B
$ 2.63M
7
AaveToken
AaveToken
AAVE
$ 121.4
-0.39%
-2.20%
-7.22%
$ 1.87B
$ 1.32K
8
Ondo
Ondo
ONDO
$ 0.3456
+0.28%
-2.52%
-5.28%
$ 1.68B
$ 1.25M
9
Sky Protocol
Sky Protocol
SKY
$ 0.06071
+1.48%
+0.85%
-9.84%
$ 1.42B
$ 1.34M
10
Ethena
Ethena
ENA
$ 0.14421
-0.31%
-2.98%
-11.93%
$ 1.33B
$ 182.82M
11
MORPHO
MORPHO
MORPHO
$ 2.2907
+1.03%
+0.55%
-10.40%
$ 1.15B
$ 54.79K
12
Bitway
Bitway
BTW
$ 0.501817
+0.14%
+11.43%
+12.78%
$ 1.10B
$ 846.99K
13
Lighter
Lighter
LIT
$ 4.3677
-2.87%
-5.42%
-9.44%
$ 1.09B
$ 2.65M
14
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 111.93
+0.01%
-0.02%
-2.74%
$ 1.03B
$ 1.20M
15
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.09271
+0.62%
-4.18%
-1.45%
$ 985.75M
$ 2.28M
16
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
0.00%
0.00%
$ 952.04M
$ 6.95M
17
JUST
JUST
JST
$ 0.10411
+0.06%
-0.57%
-4.48%
$ 888.64M
$ 545.32K
18
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 4.36
0.00%
-0.01%
-1.58%
$ 843.11M
$ 5.89M
19
Jupiter
Jupiter
JUP
$ 0.2275
+0.18%
-0.61%
+4.80%
$ 753.38M
$ 2.04M
20
PancakeSwap
PancakeSwap
CAKE
$ 2.127
+0.09%
-4.39%
+7.15%
$ 743.84M
$ 930.78K
21
Injective
Injective
INJ
$ 5.988
+0.02%
-0.60%
+24.51%
$ 595.73M
$ 429.24K
22
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.6696
+0.09%
+10.85%
+20.19%
$ 588.20M
$ 24.48M
23
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.5503
+0.11%
-0.49%
+7.91%
$ 520.13M
$ 4.53M
24
Curve
Curve
CRV
$ 0.3406
+0.68%
-1.57%
-3.58%
$ 514.32M
$ 2.15M
25
Falcon Finance
Falcon Finance
FF
$ 0.16829
+0.23%
+12.03%
+56.52%
$ 485.36M
$ 1.50M
26
Staked USDai
Staked USDai
SUSDAI
$ 1.11
0.00%
0.00%
0.00%
$ 465.87M
$ 1.26M
27
Pyth Network
Pyth Network
PYTH
$ 0.05145
-0.72%
-0.95%
-5.59%
$ 403.20M
$ 8.26M
28
Raydium
Raydium
RAY
$ 1.4776
+1.65%
+22.99%
+78.18%
$ 395.96M
$ 476.43K
29
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,618.5
+0.49%
-0.00%
-0.51%
$ 389.44M
$ 1.31M
30
TIA
TIA
TIA
$ 0.3739
+0.65%
+0.19%
+5.15%
$ 343.41M
$ 1.32M
31
Pendle
Pendle
PENDLE
$ 1.981
-0.20%
+1.13%
+2.07%
$ 337.82M
$ 386.33K
32
tBTC
tBTC
TBTC
$ 76,746
+0.18%
-0.01%
-3.68%
$ 330.67M
$ 6.58M
33
SUN
SUN
SUN
$ 0.016867
+0.02%
+0.08%
+2.19%
$ 324.37M
$ 6.54M
34
SEI
SEI
SEI
$ 0.04446
+0.16%
-4.59%
-5.57%
$ 320.83M
$ 6.65M
35
Lido DAO
Lido DAO
LDO
$ 0.3737
+0.65%
+1.01%
-5.48%
$ 312.78M
$ 612.28K
36
Gnosis
Gnosis
GNO
$ 114.78
-0.10%
-1.19%
-2.28%
$ 301.38M
$ 508.89
37
Olympus
Olympus
OHM
$ 20.18
+0.20%
-0.00%
+0.10%
$ 301.15M
$ 132.69K
38
Staked Aave
Staked Aave
STKAAVE
$ 120.64
+0.07%
-0.02%
-7.51%
$ 299.78M
$ 1.97K
39
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.13
0.00%
0.00%
0.00%
$ 296.88M
$ 43.31K
40
Terra Classic
Terra Classic
LUNC
$ 0.00005002
+0.30%
-0.30%
-3.18%
$ 275.63M
$ 1.67B
41
Maple Finance
Maple Finance
SYRUP
$ 0.21745
-0.95%
+3.13%
-1.08%
$ 257.84M
$ 565.32K
42
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 138.92
+0.06%
-0.02%
-2.77%
$ 227.84M
$ 872.66K
43
crvUSD
crvUSD
CRVUSD
$ 1.0
+0.01%
0.00%
0.00%
$ 206.44M
$ 12.85M
44
Convex Finance
Convex Finance
CVX
$ 2.08
+0.49%
-3.60%
-5.80%
$ 202.32M
$ 32.09K
45
Compound
Compound
COMP
$ 20.19
-0.30%
+0.90%
+3.49%
$ 201.60M
$ 3.89K
46
JITO
JITO
JTO
$ 0.4122
+0.24%
+0.19%
+1.73%
$ 198.74M
$ 187.66K
47
BUILDon
BUILDon
B
$ 0.19351
-0.01%
-1.82%
+44.06%
$ 193.98M
$ 476.87K
48
Lido Earn ETH
Lido Earn ETH
EARNETH
$ 2,488.99
+0.34%
-0.00%
-0.19%
$ 192.71M
--
49
Ethena Staked ENA
Ethena Staked ENA
SENA
$ 0.146132
0.00%
-0.05%
-11.08%
$ 183.65M
$ 56.46K
50
Zebec Network
Zebec Network
ZBCN
$ 0.0017926
-0.06%
-1.60%
-3.50%
$ 178.98M
$ 110.89M

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.