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
$ 2,426.07
-0.18%
-4.26%
-3.25%
$ 23.37B
$ 23.04
2
Hyperliquid
Hyperliquid
HYPE
$ 77.37
+0.01%
-4.05%
-9.70%
$ 19.48B
$ 22.06K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 3,003.46
-0.05%
-0.03%
-3.22%
$ 11.22B
$ 23.66M
4
Chainlink
Chainlink
LINK
$ 11.283
-0.20%
-2.51%
-6.89%
$ 7.36B
$ 102.80K
5
UNISWAP
UNISWAP
UNI
$ 6.343
+0.10%
-0.71%
-3.94%
$ 3.93B
$ 240.56K
6
Bitway
Bitway
BTW
$ 0.697018
-0.82%
-3.49%
+53.44%
$ 1.95B
$ 2.86M
7
AaveToken
AaveToken
AAVE
$ 125.29
-0.20%
-0.92%
-3.16%
$ 1.94B
$ 1.22K
8
Aster
Aster
ASTER
$ 0.6924
+1.17%
-1.19%
-6.88%
$ 1.87B
$ 1.52M
9
Ondo
Ondo
ONDO
$ 0.34321
-0.06%
-3.04%
-7.68%
$ 1.67B
$ 1.30M
10
Ethena
Ethena
ENA
$ 0.14382
+1.34%
+1.23%
-8.61%
$ 1.45B
$ 177.54M
11
Sky Protocol
Sky Protocol
SKY
$ 0.06167
+0.52%
-3.95%
-3.36%
$ 1.44B
$ 1.02M
12
MORPHO
MORPHO
MORPHO
$ 2.1304
+1.14%
-3.23%
-10.00%
$ 1.10B
$ 83.99K
13
Lighter
Lighter
LIT
$ 4.1782
+0.57%
-4.82%
-15.17%
$ 1.06B
$ 2.54M
14
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.09749
+0.33%
-0.83%
+1.57%
$ 1.04B
$ 1.66M
15
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 112.24
+0.65%
-0.02%
-3.73%
$ 1.03B
$ 1.95M
16
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
0.00%
0.00%
$ 951.50M
$ 2.07M
17
JUST
JUST
JST
$ 0.11548
-0.22%
+2.63%
+12.74%
$ 946.95M
$ 649.15K
18
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 4.35
+0.46%
-0.02%
-2.47%
$ 843.66M
$ 5.64M
19
Jupiter
Jupiter
JUP
$ 0.2285
+0.35%
-4.80%
-9.19%
$ 757.81M
$ 1.38M
20
PancakeSwap
PancakeSwap
CAKE
$ 2.268
-0.74%
-4.31%
+0.13%
$ 723.83M
$ 859.50K
21
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.6003
+0.30%
-5.52%
-1.16%
$ 583.75M
$ 5.78M
22
Injective
Injective
INJ
$ 5.686
-2.92%
-8.72%
-7.29%
$ 568.53M
$ 558.97K
23
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.5375
-0.26%
-5.49%
-6.04%
$ 535.72M
$ 2.71M
24
Curve
Curve
CRV
$ 0.3414
+0.75%
-3.74%
-6.55%
$ 523.78M
$ 1.71M
25
Staked USDai
Staked USDai
SUSDAI
$ 1.11
0.00%
0.00%
0.00%
$ 495.23M
$ 951.00K
26
Falcon Finance
Falcon Finance
FF
$ 0.14196
+3.23%
+16.26%
-2.63%
$ 461.89M
$ 2.61M
27
Pyth Network
Pyth Network
PYTH
$ 0.05385
-0.13%
-3.64%
-4.62%
$ 421.47M
$ 5.32M
28
Pendle
Pendle
PENDLE
$ 2.318
+1.24%
-1.04%
+10.51%
$ 397.62M
$ 615.22K
29
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,587.11
+0.65%
-0.03%
-3.32%
$ 384.22M
$ 6.89K
30
Raydium
Raydium
RAY
$ 1.2822
-2.19%
-7.17%
-3.84%
$ 345.08M
$ 145.58K
31
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.13
0.00%
0.00%
0.00%
$ 330.41M
$ 1.51K
32
tBTC
tBTC
TBTC
$ 75,973
+0.26%
-0.03%
-3.51%
$ 324.26M
$ 5.67M
33
SUN
SUN
SUN
$ 0.016831
-0.09%
-1.29%
-0.11%
$ 323.84M
$ 6.05M
34
SEI
SEI
SEI
$ 0.04325
+0.09%
-3.15%
-11.39%
$ 323.17M
$ 2.84M
35
Staked Aave
Staked Aave
STKAAVE
$ 124.53
+1.34%
-0.00%
-3.46%
$ 309.82M
$ 4.04K
36
TIA
TIA
TIA
$ 0.3366
-1.50%
-6.80%
-14.98%
$ 307.44M
$ 1.59M
37
Olympus
Olympus
OHM
$ 20.14
+0.35%
-0.00%
-0.64%
$ 300.53M
$ 264.77K
38
Gnosis
Gnosis
GNO
$ 113.39
-0.30%
-1.68%
-3.54%
$ 298.98M
$ 494.88
39
Lido DAO
Lido DAO
LDO
$ 0.3525
+0.51%
-3.67%
-7.70%
$ 293.79M
$ 500.04K
40
Terra Classic
Terra Classic
LUNC
$ 0.00004937
-0.22%
-2.06%
-5.80%
$ 272.69M
$ 1.86B
41
Maple Finance
Maple Finance
SYRUP
$ 0.20308
+0.53%
-5.19%
-10.29%
$ 242.00M
$ 428.56K
42
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 139.04
+0.87%
-0.02%
-4.13%
$ 227.52M
$ 1.08M
43
JITO
JITO
JTO
$ 0.4348
-0.39%
-4.08%
-1.49%
$ 226.81M
$ 185.09K
44
Plasma
Plasma
XPL
$ 0.0817
-0.54%
-0.90%
-15.98%
$ 225.75M
$ 6.17M
45
BUILDon
BUILDon
B
$ 0.20002
-0.73%
-13.10%
+2.01%
$ 202.54M
$ 509.67K
46
crvUSD
crvUSD
CRVUSD
$ 1.001
+0.16%
+0.00%
+0.13%
$ 201.78M
$ 34.73M
47
Convex Finance
Convex Finance
CVX
$ 1.946
-0.15%
-4.39%
-12.61%
$ 193.34M
$ 41.67K
48
Compound
Compound
COMP
$ 19.19
0.00%
-1.79%
-5.62%
$ 191.50M
$ 2.76K
49
Lido Earn ETH
Lido Earn ETH
EARNETH
$ 2,449.89
+0.20%
-0.03%
-3.50%
$ 189.80M
--
50
MIOTAC
MIOTAC
IOTA
$ 0.04066
-0.02%
-6.66%
-4.80%
$ 188.50M
$ 1.67M

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.