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
1
Hyperliquid
Hyperliquid
HYPE
$ 67.9
+0.15%
-0.01%
-4.57%
$ 17.24B
$ 15.56K
2
Lido Staked ETH
Lido Staked ETH
STETH
$ 1,820.41
+0.02%
-0.32%
+0.43%
$ 16.37B
$ 32.13
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,250.61
-0.05%
-0.00%
+0.15%
$ 8.20B
$ 1.03M
4
Chainlink
Chainlink
LINK
$ 8.07
+0.16%
+0.10%
+0.07%
$ 5.30B
$ 59.08K
5
DEXE
DEXE
DEXE
$ 47.733
+1.32%
+25.27%
+71.39%
$ 4.04B
$ 14.57K
6
UNISWAP
UNISWAP
UNI
$ 3.696
+0.44%
-3.62%
+14.44%
$ 2.29B
$ 60.82K
7
Aster
Aster
ASTER
$ 0.6241
-0.06%
-1.41%
-2.51%
$ 1.68B
$ 663.57K
8
Ondo
Ondo
ONDO
$ 0.32513
-0.01%
-2.31%
-3.87%
$ 1.58B
$ 605.40K
9
AaveToken
AaveToken
AAVE
$ 98.59
+0.04%
-2.51%
+3.12%
$ 1.52B
$ 4.80K
10
Sky Protocol
Sky Protocol
SKY
$ 0.06079
-0.31%
+0.16%
+8.56%
$ 1.42B
$ 1.11M
11
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.17
0.00%
0.00%
0.00%
$ 1.40B
$ 1.36M
12
MORPHO
MORPHO
MORPHO
$ 2.0125
-0.18%
-4.62%
+2.68%
$ 1.01B
$ 53.63K
13
JUST
JUST
JST
$ 0.10123
+0.18%
-0.32%
+8.81%
$ 864.54M
$ 901.94K
14
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.08048
+0.36%
+1.16%
+7.63%
$ 863.04M
$ 1.63M
15
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.66
0.00%
-0.00%
-2.40%
$ 825.47M
$ 1.73M
16
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 86.81
-0.20%
-0.00%
-6.22%
$ 781.15M
$ 345.56K
17
Ethena
Ethena
ENA
$ 0.08105
-0.02%
-1.52%
+2.71%
$ 754.28M
$ 3.76M
18
Jupiter
Jupiter
JUP
$ 0.2029
+0.05%
-2.96%
-14.92%
$ 676.02M
$ 956.05K
19
Lighter
Lighter
LIT
$ 2.6695
+1.40%
+2.09%
+2.09%
$ 666.93M
$ 81.03K
20
PancakeSwap
PancakeSwap
CAKE
$ 1.412
-0.21%
-3.02%
-2.35%
$ 496.83M
$ 382.25K
21
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.5158
-0.06%
-3.62%
-11.61%
$ 491.74M
$ 157.82K
22
Injective
Injective
INJ
$ 4.901
+0.41%
-2.51%
+0.41%
$ 490.06M
$ 149.68K
23
Pyth Network
Pyth Network
PYTH
$ 0.04826
+0.33%
+0.63%
+5.37%
$ 380.13M
$ 5.66M
24
TIA
TIA
TIA
$ 0.4034
+0.47%
-2.50%
+4.35%
$ 372.57M
$ 1.40M
25
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.4216
-0.21%
-1.08%
-5.62%
$ 371.29M
$ 5.67M
26
SUN
SUN
SUN
$ 0.018578
-0.22%
+0.63%
+4.19%
$ 356.87M
$ 5.99M
27
SEI
SEI
SEI
$ 0.04907
+0.22%
-1.91%
-2.65%
$ 355.40M
$ 1.94M
28
Terra Classic
Terra Classic
LUNC
$ 0.00006095
-0.03%
-2.01%
-2.45%
$ 336.09M
$ 1.50B
29
tBTC
tBTC
TBTC
$ 64,119
-0.05%
-0.00%
-0.09%
$ 322.43M
$ 318.99K
30
Curve
Curve
CRV
$ 0.2104
0.00%
-0.99%
-2.73%
$ 319.42M
$ 1.33M
31
Staked USDai
Staked USDai
SUSDAI
$ 1.096
0.00%
0.00%
+0.09%
$ 317.39M
$ 566.69K
32
JITO
JITO
JTO
$ 0.6108
-0.47%
-1.34%
-21.70%
$ 294.83M
$ 181.67K
33
Gnosis
Gnosis
GNO
$ 110.03
+0.05%
+1.49%
+2.99%
$ 290.79M
$ 588.73
34
Pendle
Pendle
PENDLE
$ 1.549
+0.13%
-1.40%
+5.60%
$ 264.34M
$ 180.91K
35
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 1,940.83
-0.11%
+0.01%
+1.59%
$ 263.84M
$ 119.45
36
Olympus
Olympus
OHM
$ 17.48
0.00%
+0.01%
+2.22%
$ 261.22M
$ 4.47K
37
Lido DAO
Lido DAO
LDO
$ 0.3096
+0.62%
-4.06%
+8.78%
$ 261.19M
$ 414.22K
38
Maple Finance
Maple Finance
SYRUP
$ 0.18856
+0.08%
-0.81%
+11.69%
$ 224.62M
$ 435.13K
39
Staked Aave
Staked Aave
STKAAVE
$ 97.98
+0.03%
-0.03%
+3.81%
$ 219.55M
$ 13.41K
40
Zebec Network
Zebec Network
ZBCN
$ 0.0021485
-0.17%
-1.67%
-2.32%
$ 217.24M
$ 78.67M
41
Telcoin
Telcoin
TEL
$ 0.002219
+0.05%
-1.68%
-5.49%
$ 213.28M
$ 31.69M
42
crvUSD
crvUSD
CRVUSD
$ 0.999506
0.00%
0.00%
-0.01%
$ 206.77M
$ 13.32M
43
Velvet
Velvet
VELVET
$ 0.48694
-0.94%
+10.60%
+1.02%
$ 206.32M
$ 3.11M
44
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.12
0.00%
0.00%
+0.90%
$ 196.42M
$ 49.02K
45
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 107.81
-0.06%
-0.00%
-5.90%
$ 185.88M
$ 534.89K
46
Raydium
Raydium
RAY
$ 0.6883
+0.33%
-1.46%
-7.54%
$ 185.47M
$ 86.68K
47
Falcon Finance
Falcon Finance
FF
$ 0.06177
+0.49%
+5.71%
+1.00%
$ 177.27M
$ 1.20M
48
MIOTAC
MIOTAC
IOTA
$ 0.03897
+0.26%
-2.27%
+2.79%
$ 175.60M
$ 1.72M
49
Compound
Compound
COMP
$ 17.04
-0.23%
-2.24%
-3.63%
$ 169.90M
$ 3.80K
50
Plasma
Plasma
XPL
$ 0.091
-0.09%
-3.14%
-15.24%
$ 164.23M
$ 4.61M

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.