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
$ 2,448.26
+0.02%
-0.94%
-1.31%
$ 23.96B
$ 22.70
2
Hyperliquid
Hyperliquid
HYPE
$ 78.61
+0.29%
-0.26%
-8.14%
$ 20.01B
$ 22.00K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 3,082.34
-0.21%
-0.00%
-0.99%
$ 11.52B
$ 23.38M
4
Chainlink
Chainlink
LINK
$ 11.358
+0.64%
+0.78%
-5.53%
$ 7.53B
$ 86.99K
5
UNISWAP
UNISWAP
UNI
$ 6.626
-0.72%
+6.25%
+1.13%
$ 4.18B
$ 219.93K
6
Bitway
Bitway
BTW
$ 0.703243
-0.85%
+1.55%
+57.08%
$ 1.99B
$ 2.94M
7
AaveToken
AaveToken
AAVE
$ 126.93
+0.09%
+1.86%
-1.47%
$ 1.98B
$ 1.12K
8
Aster
Aster
ASTER
$ 0.6897
+0.80%
+0.30%
-7.45%
$ 1.88B
$ 1.37M
9
Ondo
Ondo
ONDO
$ 0.3462
+0.48%
-0.31%
-7.29%
$ 1.70B
$ 1.15M
10
Sky Protocol
Sky Protocol
SKY
$ 0.06149
-0.05%
-2.63%
-3.55%
$ 1.46B
$ 1.01M
11
Ethena
Ethena
ENA
$ 0.14112
+0.48%
+2.20%
-12.91%
$ 1.44B
$ 159.03M
12
MORPHO
MORPHO
MORPHO
$ 2.1279
+0.37%
-1.50%
-9.43%
$ 1.12B
$ 80.04K
13
Lighter
Lighter
LIT
$ 4.3594
-0.43%
+1.13%
-13.40%
$ 1.10B
$ 3.04M
14
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.09699
+0.05%
+0.37%
+1.99%
$ 1.05B
$ 1.59M
15
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 114.22
+0.08%
-0.00%
-2.41%
$ 1.05B
$ 2.35M
16
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
0.00%
0.00%
$ 946.59M
$ 2.15M
17
JUST
JUST
JST
$ 0.11578
+0.12%
+1.69%
+12.67%
$ 945.88M
$ 650.32K
18
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 4.4
0.00%
-0.00%
-1.35%
$ 854.85M
$ 5.63M
19
Jupiter
Jupiter
JUP
$ 0.2299
+0.78%
-1.40%
-7.66%
$ 771.75M
$ 1.53M
20
PancakeSwap
PancakeSwap
CAKE
$ 2.286
+0.97%
-2.75%
+0.04%
$ 733.09M
$ 843.28K
21
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.6112
-0.15%
-4.27%
-1.19%
$ 594.75M
$ 5.70M
22
Injective
Injective
INJ
$ 5.859
+0.29%
-2.88%
-3.82%
$ 594.13M
$ 493.03K
23
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.5474
+1.15%
-3.49%
-3.27%
$ 549.66M
$ 2.82M
24
Curve
Curve
CRV
$ 0.3314
-0.18%
-3.47%
-7.37%
$ 524.25M
$ 1.66M
25
Staked USDai
Staked USDai
SUSDAI
$ 1.11
0.00%
0.00%
0.00%
$ 495.18M
$ 737.02K
26
Falcon Finance
Falcon Finance
FF
$ 0.14864
+1.97%
+14.89%
-2.09%
$ 464.00M
$ 2.54M
27
Pyth Network
Pyth Network
PYTH
$ 0.05375
+0.54%
-1.27%
-3.27%
$ 426.90M
$ 4.88M
28
Pendle
Pendle
PENDLE
$ 2.305
+1.37%
+4.49%
+12.89%
$ 411.84M
$ 567.78K
29
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,655.6
-0.19%
-0.00%
-1.03%
$ 394.33M
$ 7.06K
30
Raydium
Raydium
RAY
$ 1.3408
-1.40%
-1.12%
-4.11%
$ 367.11M
$ 139.88K
31
tBTC
tBTC
TBTC
$ 76,933
-0.13%
-0.01%
-2.71%
$ 328.32M
$ 2.38M
32
SEI
SEI
SEI
$ 0.04353
+0.48%
-1.46%
-12.46%
$ 327.05M
$ 2.93M
33
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.13
0.00%
0.00%
0.00%
$ 326.18M
$ 1.98K
34
SUN
SUN
SUN
$ 0.016926
-0.11%
-0.29%
+0.29%
$ 325.55M
$ 6.06M
35
Staked Aave
Staked Aave
STKAAVE
$ 127.71
-0.05%
+0.02%
-1.47%
$ 317.74M
$ 4.52K
36
TIA
TIA
TIA
$ 0.3419
+0.29%
-3.09%
-13.59%
$ 317.56M
$ 1.54M
37
Gnosis
Gnosis
GNO
$ 114.24
+0.42%
-0.90%
-1.87%
$ 302.99M
$ 522.66
38
Olympus
Olympus
OHM
$ 20.17
-0.05%
-0.00%
-0.54%
$ 300.97M
$ 206.83K
39
Lido DAO
Lido DAO
LDO
$ 0.3525
+0.31%
-1.92%
-7.30%
$ 297.54M
$ 457.60K
40
Terra Classic
Terra Classic
LUNC
$ 0.00004968
+0.52%
-0.68%
-5.62%
$ 276.01M
$ 1.84B
41
Maple Finance
Maple Finance
SYRUP
$ 0.20141
-1.24%
-5.66%
-13.14%
$ 240.98M
$ 406.85K
42
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 141.99
+0.08%
0.00%
-2.18%
$ 232.36M
$ 1.11M
43
JITO
JITO
JTO
$ 0.4383
+0.56%
+0.98%
-0.82%
$ 231.97M
$ 185.22K
44
Plasma
Plasma
XPL
$ 0.0814
+0.28%
+1.81%
-14.75%
$ 229.67M
$ 5.65M
45
BUILDon
BUILDon
B
$ 0.20476
+0.10%
-9.48%
+6.71%
$ 207.21M
$ 509.76K
46
crvUSD
crvUSD
CRVUSD
$ 1.0
0.00%
0.00%
+0.04%
$ 202.89M
$ 22.06M
47
Lido Earn ETH
Lido Earn ETH
EARNETH
$ 2,520.0
+0.09%
-0.00%
-1.23%
$ 195.20M
--
48
Convex Finance
Convex Finance
CVX
$ 1.929
+0.15%
-2.98%
-12.47%
$ 194.54M
$ 40.13K
49
Compound
Compound
COMP
$ 19.33
+0.05%
+0.36%
-5.03%
$ 194.40M
$ 2.84K
50
MIOTAC
MIOTAC
IOTA
$ 0.04149
+0.84%
-4.47%
-2.19%
$ 194.24M
$ 1.69M

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.