Top Decentralised Finance (DeFi) Tokens by Market Capitalisation

Decentralised Finance (DeFi) protocols utilise 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 centralised 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
$ 2,413.27
+0.22%
-2.40%
-1.80%
$ 23.65B
$ 22.60
2
Hyperliquid
Hyperliquid
HYPE
$ 77.2
-0.28%
-1.79%
-7.80%
$ 19.72B
$ 21.63K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 3,039.0
-0.21%
-0.02%
-1.91%
$ 11.36B
$ 24.04M
4
Chainlink
Chainlink
LINK
$ 11.168
+0.18%
-0.95%
-5.44%
$ 7.44B
$ 87.46K
5
UNISWAP
UNISWAP
UNI
$ 6.25
-3.38%
+0.17%
-2.37%
$ 3.96B
$ 220.42K
6
Bitway
Bitway
BTW
$ 0.7002
+0.12%
-1.92%
+56.65%
$ 1.98B
$ 2.92M
7
AaveToken
AaveToken
AAVE
$ 125.11
+0.27%
+0.70%
-1.19%
$ 1.96B
$ 1.14K
8
Aster
Aster
ASTER
$ 0.6803
+0.65%
-0.82%
-6.77%
$ 1.87B
$ 1.42M
9
Ondo
Ondo
ONDO
$ 0.34162
+0.08%
-1.40%
-6.17%
$ 1.68B
$ 1.20M
10
Ethena
Ethena
ENA
$ 0.14091
+1.14%
+2.10%
-8.64%
$ 1.45B
$ 163.11M
11
Sky Protocol
Sky Protocol
SKY
$ 0.06089
+0.23%
-4.03%
-4.11%
$ 1.44B
$ 1.02M
12
MORPHO
MORPHO
MORPHO
$ 2.0861
+0.33%
-2.84%
-8.98%
$ 1.10B
$ 80.02K
13
Lighter
Lighter
LIT
$ 4.2058
-2.23%
-2.83%
-13.47%
$ 1.06B
$ 2.50M
14
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.09643
+0.54%
-1.01%
+0.83%
$ 1.04B
$ 1.63M
15
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 113.14
-0.02%
-0.01%
-2.83%
$ 1.04B
$ 2.00M
16
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
0.00%
0.00%
$ 951.56M
$ 2.05M
17
JUST
JUST
JST
$ 0.11578
+0.09%
+1.97%
+13.28%
$ 948.75M
$ 653.95K
18
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 4.38
0.00%
-0.01%
-1.57%
$ 849.28M
$ 5.45M
19
Jupiter
Jupiter
JUP
$ 0.2258
+0.48%
-3.36%
-7.52%
$ 763.12M
$ 1.40M
20
PancakeSwap
PancakeSwap
CAKE
$ 2.278
+0.31%
-3.29%
+2.32%
$ 732.13M
$ 839.10K
21
Injective
Injective
INJ
$ 5.839
+0.85%
-4.87%
-2.83%
$ 589.63M
$ 495.02K
22
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.6002
+0.33%
-5.64%
-0.62%
$ 588.28M
$ 5.48M
23
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.5413
-0.05%
-4.58%
-3.04%
$ 541.55M
$ 2.66M
24
Curve
Curve
CRV
$ 0.3325
+1.54%
-3.88%
-6.29%
$ 523.93M
$ 1.65M
25
Staked USDai
Staked USDai
SUSDAI
$ 1.11
0.00%
0.00%
0.00%
$ 495.29M
$ 906.99K
26
Falcon Finance
Falcon Finance
FF
$ 0.14235
+0.67%
+17.46%
-2.03%
$ 467.36M
$ 2.59M
27
Pyth Network
Pyth Network
PYTH
$ 0.05327
+0.76%
-1.92%
-3.46%
$ 426.51M
$ 4.95M
28
Pendle
Pendle
PENDLE
$ 2.259
-1.04%
-0.39%
+10.40%
$ 395.88M
$ 589.37K
29
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,618.53
-0.07%
-0.02%
-1.95%
$ 388.88M
$ 6.97K
30
Raydium
Raydium
RAY
$ 1.3005
-1.34%
-4.77%
-5.11%
$ 356.76M
$ 145.40K
31
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.13
0.00%
0.00%
0.00%
$ 326.14M
$ 2.09K
32
tBTC
tBTC
TBTC
$ 76,375
+0.20%
-0.02%
-2.80%
$ 325.51M
$ 5.13M
33
SUN
SUN
SUN
$ 0.016868
-0.05%
-0.65%
+0.53%
$ 325.01M
$ 6.00M
34
SEI
SEI
SEI
$ 0.04311
+0.35%
-2.33%
-10.93%
$ 324.58M
$ 2.95M
35
TIA
TIA
TIA
$ 0.3357
0.00%
-4.42%
-12.29%
$ 314.43M
$ 1.52M
36
Staked Aave
Staked Aave
STKAAVE
$ 126.45
-0.09%
+0.01%
-1.42%
$ 314.26M
$ 5.35K
37
Gnosis
Gnosis
GNO
$ 113.44
+0.49%
-1.04%
-1.86%
$ 301.80M
$ 524.55
38
Olympus
Olympus
OHM
$ 20.18
+0.35%
-0.00%
-0.39%
$ 301.11M
$ 225.99K
39
Lido DAO
Lido DAO
LDO
$ 0.3479
+0.51%
-2.83%
-6.10%
$ 295.12M
$ 437.44K
40
Terra Classic
Terra Classic
LUNC
$ 0.000049
+0.65%
-1.09%
-4.58%
$ 275.01M
$ 1.81B
41
Maple Finance
Maple Finance
SYRUP
$ 0.20158
+0.53%
-5.95%
-12.16%
$ 240.04M
$ 411.14K
42
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 140.88
+0.40%
-0.01%
-2.51%
$ 230.53M
$ 1.11M
43
Plasma
Plasma
XPL
$ 0.08153
+1.56%
+1.47%
-13.04%
$ 229.64M
$ 5.71M
44
JITO
JITO
JTO
$ 0.433
+0.78%
-0.34%
-0.02%
$ 229.26M
$ 182.65K
45
BUILDon
BUILDon
B
$ 0.20306
-0.30%
-11.52%
+4.06%
$ 204.15M
$ 510.60K
46
crvUSD
crvUSD
CRVUSD
$ 0.999974
0.00%
0.00%
+0.02%
$ 202.87M
$ 28.51M
47
Convex Finance
Convex Finance
CVX
$ 1.922
+1.98%
-3.02%
-11.60%
$ 195.24M
$ 41.67K
48
Lido Earn ETH
Lido Earn ETH
EARNETH
$ 2,490.87
+0.11%
-0.02%
-1.74%
$ 192.95M
--
49
Compound
Compound
COMP
$ 19.08
+0.21%
-0.67%
-4.79%
$ 192.90M
$ 2.83K
50
MIOTAC
MIOTAC
IOTA
$ 0.04052
-0.12%
-6.18%
-1.73%
$ 191.92M
$ 1.66M

Frequently Asked Questions

What does Decentralised Finance (DeFi) mean in the Web3 ecosystem?
Decentralised Finance (DeFi) represents a financial system built entirely on blockchain networks. DeFi utilises smart contracts to offer lending, borrowing, and trading services without relying on centralised 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 Decentralised 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 decentralised 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.