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

901

UpBots Token

MBXN

$ 7.115E-5

0.00%

$ 35.57K

902

Cicada Finance

LTCIC

$ 1.239E-5

0.00%

$ 35.56K

903

ZeroSwap

ZEE

$ 0.00034693

+0.04%

-0.01%

-1.65%

$ 34.69K

$ 2.89

904

Wave Swap

WAVE

$ 3.457E-5

+0.14%

-6.57%

-16.13%

$ 34.54K

905

Mithrandir Token

MITHR

$ 0.00122561

0.00%

$ 34.04K

$ 2.48

906

ForTube

FOR

$ 6.271E-5

0.00%

$ 33.68K

907

Syrax AI

SYRAX

$ 0.00050921

0.00%

$ 33.52K

$ 1.16

908

CRUDE

$ 3.31356E-7

0.00%

+1.28%

$ 33.14K

909

SpookySwap

BOO

$ 0.00452504

+0.59%

-13.87%

$ 32.83K

$ 150.87

910

SubQuery Network

SQT

$ 8.65E-6

-2.92%

-9.64%

-12.45%

$ 32.76K

911

Poolz Finance

POOLX

$ 0.00594541

0.00%

-0.01%

+7.13%

$ 32.70K

$ 8.60

912

Defina Finance

FINA

$ 0.00054735

+0.75%

+0.00%

-1.44%

$ 32.24K

$ 26.09

913

Nave Shares

NAVE

$ 0.064489

0.00%

+0.06%

+22.34%

$ 32.22K

$ 1.22K

914

Nash Smart Finance

NASF

$ 0.00310443

+0.51%

-0.01%

-5.28%

$ 31.04K

$ 44.59

915

Penguin Finance

PEFI

$ 0.00157839

-0.14%

-0.04%

-6.50%

$ 30.24K

$ 36.41

916

Mirror

MIRROR

$ 3.02029E-7

-0.42%

-6.32%

-3.80%

$ 30.20K

917

Centric Swap

CNS

$ 0.00376808

+0.36%

-0.05%

+1.33%

$ 29.87K

$ 21.20

918

Houdini Swap

LOCK

$ 0.00057551

0.00%

+3.22%

$ 28.66K

$ 4.81

919

Vies Token

VIES

$ 3.49E-5

0.00%

-4.37%

-0.09%

$ 28.14K

920

UTYABSWAP

UTYAB

$ 2.793E-5

-0.60%

-2.71%

-6.28%

$ 27.93K

921

Paystream

PAYS

$ 0.01898764

0.00%

-29.11%

$ 27.85K

$ 0.16

922

Pickle Finance

PICKLE

$ 0.01326936

+0.21%

-0.04%

-3.53%

$ 26.97K

$ 1.19

923

Sync Network

SYNC

$ 0.00012652

0.00%

$ 26.75K

$ 1.88

924

Impossible Finance

$ 0.00262243

-0.08%

-0.00%

-0.60%

$ 26.45K

$ 2.05

925

Furucombo

COMBO

$ 0.0002604

0.00%

$ 26.04K

$ 3.89

926

Hexagon

HEXA

$ 1.6523E-8

+0.54%

-4.42%

+13.35%

$ 25.71K

927

Vector ETH

VETH

$ 1,885.18

0.00%

-22.29%

$ 25.70K

$ 0.24

928

Pulseium

PSM

$ 1.6377E-8

0.00%

-1.28%

+5.31%

$ 25.47K

929

Reddex

LQDX

$ 0.00020977

0.00%

$ 25.38K

$ 13.42

930

O3 Swap

$ 0.00097107

0.00%

+9.42%

$ 25.17K

$ 2.38

931

Plasma Finance

PPAY

$ 2.635E-5

0.00%

+6.46%

$ 25.04K

932

Router Protocol

ROUTE

$ 3.629E-5

+15.02%

-55.52%

-71.65%

$ 24.63K

933

LogX Network

LOGX

$ 3.027E-5

0.00%

+1.78%

-7.91%

$ 24.30K

934

Trava Finance

TRAVA

$ 5.11E-6

0.00%

-0.80%

-2.11%

$ 24.27K

935

WannaSwap

WANNA

$ 0.00024367

-1.00%

-0.03%

-7.13%

$ 24.13K

$ 193.61

936

Metropolis

METRO

$ 0.00476243

+0.31%

-0.00%

-13.37%

$ 23.80K

$ 203.19

937

Jellyverse

JLY

$ 0.00017004

+0.30%

0.00%

+0.32%

$ 23.73K

$ 0.76

938

aarna atv111

ATV111

$ 105.59

+0.01%

0.00%

+0.07%

$ 23.50K

939

Areal Finance

ARL

$ 0.00131207

0.00%

+3.72%

$ 23.42K

$ 32.80

940

Ferrum Network

FRM

$ 8.077E-5

0.00%

$ 23.18K

941

Re7 USDT Morpho Vault

RE7USDT

$ 1.2

0.00%

-0.02%

-3.23%

$ 23.07K

942

BANX

$ 1.52E-6

0.00%

$ 22.86K

943

Cogito Finance

CGV

$ 0.00024909

0.00%

-0.51%

$ 22.71K

$ 2.04

944

Invariant

INVT

$ 0.00057165

0.00%

$ 22.62K

$ 2.83

945

Ethereans

$ 0.02226014

0.00%

$ 21.83K

$ 22.71

946

AicroStrategy

AISTR

$ 0.0218026

0.00%

-0.01%

-2.46%

$ 21.80K

$ 7.88

947

deFusion

DEF

$ 0.00022836

0.00%

$ 21.52K

$ 114.23

948

Blitz

BLTZ

$ 1.3828E-8

+0.02%

-5.99%

+1.34%

$ 21.51K

949

Ooga Booga

OOGA

$ 0.0007201

0.00%

+2.81%

$ 21.35K

$ 3.50

950

trustInWeb3

T3AI

$ 2.14E-5

0.00%

-2.32%

-2.73%

$ 21.17K

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.

What is a Decentralized Exchange (DEX) in the DeFi ecosystem?

How do Automated Market Makers (AMMs) work in DeFi protocols?

What is impermanent loss when providing liquidity to DeFi platforms?

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.

Top Decentralized Finance (DeFi) Tokens by Market Capitalization

Tradable Crypto

Category

Decentralized Finance (DeFi)

Smart Contract Platform

Layer 1 (L1)

Proof of Work (PoW)

Other Crypto

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Frequently Asked Questions

Disclaimer