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
451
Fuse Network
Fuse Network
FUSE
$ 0.006802
+1.06%
+13.92%
+42.84%
$ 1.49M
$ 9.83M
452
Kyber Network Crystal Legacy
Kyber Network Crystal Legacy
KNCL
$ 0.136635
+0.07%
-0.03%
+11.83%
$ 1.48M
$ 453.89
453
NEUY
NEUY
NEUY
$ 0.02074827
+0.28%
-0.03%
-3.23%
$ 1.48M
$ 94.93K
454
Roco Finance
Roco Finance
ROCO
$ 0.01588392
0.00%
--
-3.48%
$ 1.47M
$ 4.41
455
Polytrade
Polytrade
TRADE
$ 0.03544
-0.23%
-0.39%
+5.79%
$ 1.46M
$ 1.93M
456
Kodiak Finance
Kodiak Finance
KDK
$ 0.097244
+0.05%
-0.00%
-1.33%
$ 1.43M
$ 19.92K
457
BNPL Pay
BNPL Pay
BNPL
$ 0.0176615
0.00%
--
0.00%
$ 1.43M
$ 187.62
458
TRWA
TRWA
TRWA
$ 0.0002041
+0.05%
-2.49%
-12.49%
$ 1.43M
$ 284.54M
459
XOXNO Staked EGLD
XOXNO Staked EGLD
XEGLD
$ 4.38
+2.58%
-0.03%
-22.06%
$ 1.40M
$ 1.76K
460
Ribbon Finance
Ribbon Finance
RBN
$ 0.0207666
-0.64%
--
-11.18%
$ 1.40M
$ 4.58
461
Pawtato
Pawtato
TATO
$ 0.00451179
+0.38%
-0.08%
+25.51%
$ 1.38M
$ 1.53K
462
Based ETH
Based ETH
BSDETH
$ 2,594.38
+0.14%
-0.03%
-3.13%
$ 1.37M
$ 35.37K
463
Eris Amplified Luna
Eris Amplified Luna
AMPLUNA
$ 0.10483
0.00%
--
-1.24%
$ 1.35M
$ 45.80K
464
SwissCheese
SwissCheese
SWCH
$ 0.03066
+0.07%
-2.10%
-1.73%
$ 1.34M
$ 2.11M
465
Infrared Finance
Infrared Finance
IR
$ 0.00650116
-0.04%
-0.03%
-9.52%
$ 1.33M
$ 76.88K
466
King Protocol
King Protocol
KING
$ 213.71
-0.11%
-0.05%
-1.91%
$ 1.32M
$ 94.60
467
Ember Earn
Ember Earn
EEARN
$ 1.043
0.00%
+0.00%
0.00%
$ 1.30M
$ 4.72K
468
TENEX
TENEX
SN67
$ 0.966483
+0.14%
-0.04%
-20.13%
$ 1.29M
$ 24.69K
469
Usual ETH
Usual ETH
ETH0
$ 1,818.75
0.00%
--
0.00%
$ 1.29M
$ 38.79
470
cUNI
cUNI
CUNI
$ 0.131863
+1.54%
-0.02%
+5.42%
$ 1.28M
--
471
Contango
Contango
TANGO
$ 0.00279444
0.00%
--
+11.57%
$ 1.28M
$ 419.17
472
Covalent X Token
Covalent X Token
CXT
$ 0.00128056
-3.80%
-0.05%
-5.12%
$ 1.25M
$ 733.04K
473
Hoge Finance
Hoge Finance
HOGE
$ 2.89E-6
-7.67%
-3.08%
-2.69%
$ 1.22M
--
474
Odos
Odos
ODOS
$ 0.00076026
0.00%
-0.02%
-3.77%
$ 1.22M
$ 542.39K
475
YieldFi yBTC
YieldFi yBTC
YBTC
$ 76,735
+0.23%
-0.02%
-3.15%
$ 1.21M
--
476
Sologenic
Sologenic
SOLO
$ 0.00793277
+1.08%
-0.11%
-36.21%
$ 1.20M
$ 185.64
477
Cream
Cream
CREAM
$ 0.417136
0.00%
-0.03%
-8.95%
$ 1.18M
$ 8.68
478
TrueFi
TrueFi
TRU
$ 0.00091526
+1.05%
+0.05%
+9.83%
$ 1.15M
$ 27.85K
479
ChainSwap
ChainSwap
CSWAP
$ 0.00119606
+0.29%
-0.02%
-9.58%
$ 1.15M
$ 121.59
480
Juris Protocol
Juris Protocol
JURIS
$ 2.29E-6
0.00%
+0.31%
-4.98%
$ 1.13M
--
481
Reflexer Ungovernance
Reflexer Ungovernance
FLX
$ 1.37
0.00%
-0.03%
-3.52%
$ 1.13M
$ 27.77
482
Neemo Staked Astar
Neemo Staked Astar
NSASTR
$ 0.00548177
+0.63%
-0.13%
+6.41%
$ 1.12M
$ 8.62
483
Aura Finance
Aura Finance
AURA
$ 0.0154819
-36.36%
-0.37%
+12.81%
$ 1.12M
$ 622.79
484
Bonzo Finance
Bonzo Finance
BONZO
$ 0.008154
+0.17%
-0.03%
-1.59%
$ 1.11M
$ 2.09K
485
Alien Base
Alien Base
ALB
$ 0.00441393
+1.00%
+0.02%
+3.46%
$ 1.10M
$ 11.42K
486
Convertible JPY Token
Convertible JPY Token
CJPY
$ 0.00510269
+0.25%
-0.00%
-1.43%
$ 1.08M
$ 12.62K
487
Neutrino Index Token
Neutrino Index Token
XTN
$ 0.01571152
0.00%
--
-0.96%
$ 1.08M
$ 5.05
488
Levva Protocol
Levva Protocol
LVVA
$ 0.00053923
-0.02%
-0.10%
-2.58%
$ 1.08M
$ 2.64M
489
Pyth ETH
Pyth ETH
PYTHETH
$ 2,312.11
+0.07%
-0.03%
-3.08%
$ 1.07M
--
490
EverRise
EverRise
RISE
$ 1.409E-5
0.00%
-3.33%
-4.21%
$ 1.01M
--
491
Cellframe
Cellframe
CELL
$ 0.03511
0.00%
-2.12%
-6.37%
$ 1.01M
$ 2.70M
492
UNCX Network
UNCX Network
UNCX
$ 27.23
0.00%
--
+0.22%
$ 993.37K
$ 16.06
493
Million
Million
MM
$ 0.986659
+0.03%
-0.01%
-0.05%
$ 986.66K
$ 1.22K
494
Welf
Welf
WELF
$ 0.0775
+0.13%
-3.72%
-4.07%
$ 983.65K
$ 774.25K
495
Anome
Anome
ANOME
$ 0.03265645
+0.30%
+0.01%
-1.99%
$ 979.69K
$ 310.78K
496
sudoswap
sudoswap
SUDO
$ 0.03727
+0.18%
--
-1.93%
$ 953.35K
$ 1.93K
497
BTC 2x Flexible Leverage Index
BTC 2x Flexible Leverage Index
BTC2X-FLI
$ 17.9
+0.17%
--
-6.38%
$ 951.56K
$ 733.68
498
GT3 Finance
GT3 Finance
GT3
$ 0.00555013
0.00%
+0.04%
+4.19%
$ 941.21K
$ 169.15
499
Wagmi
Wagmi
WAGMI
$ 0.00049467
+0.24%
-0.08%
+8.95%
$ 919.47K
$ 573.08
500
Ripe DAO Governance Token
Ripe DAO Governance Token
RIPE
$ 0.609321
-0.40%
-0.10%
-28.65%
$ 911.82K
$ 9.49K

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.