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
Lido Staked ETH
Lido Staked ETH
STETH
$ 2,545.41
+0.34%
+1.20%
+1.99%
$ 24.46B
$ 21.84
2
Hyperliquid
Hyperliquid
HYPE
$ 81.6
+1.20%
+4.48%
-3.10%
$ 20.56B
$ 22.81K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 3,154.38
+0.24%
+0.01%
+2.34%
$ 11.78B
$ 5.99M
4
Chainlink
Chainlink
LINK
$ 11.758
+0.51%
+2.04%
-7.68%
$ 7.65B
$ 78.46K
5
UNISWAP
UNISWAP
UNI
$ 6.742
+0.89%
+3.62%
-4.75%
$ 4.02B
$ 100.96K
6
AaveToken
AaveToken
AAVE
$ 130.27
+0.42%
+1.15%
-1.12%
$ 1.97B
$ 1.16K
7
Bitway
Bitway
BTW
$ 0.664575
-1.51%
-1.57%
+56.67%
$ 1.95B
$ 2.43M
8
Aster
Aster
ASTER
$ 0.7031
+0.09%
+0.57%
-6.89%
$ 1.90B
$ 1.16M
9
Ondo
Ondo
ONDO
$ 0.35929
+0.42%
+2.58%
-4.90%
$ 1.75B
$ 1.22M
10
Sky Protocol
Sky Protocol
SKY
$ 0.06429
+0.33%
+1.51%
-5.42%
$ 1.50B
$ 1.05M
11
Ethena
Ethena
ENA
$ 0.14564
+1.22%
+3.61%
-10.09%
$ 1.45B
$ 120.27M
12
MORPHO
MORPHO
MORPHO
$ 2.2067
-0.12%
+0.83%
-7.93%
$ 1.14B
$ 35.82K
13
Lighter
Lighter
LIT
$ 4.4914
+0.44%
+5.45%
-7.37%
$ 1.10B
$ 3.82M
14
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 116.82
+0.43%
+0.02%
+0.39%
$ 1.07B
$ 1.71M
15
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.09749
+0.27%
+0.21%
+1.13%
$ 1.04B
$ 1.81M
16
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
0.00%
0.00%
$ 950.39M
$ 1.53M
17
JUST
JUST
JST
$ 0.11279
-0.04%
-0.81%
+7.91%
$ 925.82M
$ 584.36K
18
PancakeSwap
PancakeSwap
CAKE
$ 2.382
+0.63%
+5.40%
+4.89%
$ 892.87M
$ 1.22M
19
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 4.47
0.00%
+0.01%
+0.45%
$ 867.47M
$ 6.20M
20
Jupiter
Jupiter
JUP
$ 0.2433
+0.54%
+4.21%
+1.21%
$ 804.95M
$ 1.52M
21
Injective
Injective
INJ
$ 6.392
+1.06%
+5.15%
-1.15%
$ 638.61M
$ 438.91K
22
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.6494
+0.12%
+1.68%
+7.70%
$ 632.21M
$ 8.39M
23
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.5797
+0.57%
+2.53%
-4.17%
$ 572.40M
$ 3.78M
24
Curve
Curve
CRV
$ 0.357
+0.68%
+1.92%
-3.13%
$ 553.28M
$ 1.58M
25
Staked USDai
Staked USDai
SUSDAI
$ 1.11
0.00%
0.00%
0.00%
$ 495.26M
$ 2.15M
26
Pyth Network
Pyth Network
PYTH
$ 0.0561
+0.12%
-0.77%
+4.95%
$ 444.15M
$ 8.15M
27
Pendle
Pendle
PENDLE
$ 2.372
+0.13%
+10.37%
+10.27%
$ 406.85M
$ 563.57K
28
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,719.77
+0.42%
+0.01%
+2.41%
$ 403.92M
$ 19.03
29
Falcon Finance
Falcon Finance
FF
$ 0.12666
+0.06%
-12.20%
-13.82%
$ 397.40M
$ 784.92K
30
Raydium
Raydium
RAY
$ 1.4044
+1.26%
-1.89%
+22.12%
$ 380.84M
$ 113.89K
31
tBTC
tBTC
TBTC
$ 79,153
+0.37%
+0.02%
+1.01%
$ 337.76M
$ 4.52M
32
SEI
SEI
SEI
$ 0.04495
+0.22%
-0.31%
-9.56%
$ 335.92M
$ 2.47M
33
TIA
TIA
TIA
$ 0.3644
+0.44%
+1.14%
-11.60%
$ 334.40M
$ 1.61M
34
SUN
SUN
SUN
$ 0.017034
-0.08%
+0.02%
+1.13%
$ 327.91M
$ 5.12M
35
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.13
0.00%
0.00%
0.00%
$ 321.98M
$ 3.38K
36
Staked Aave
Staked Aave
STKAAVE
$ 127.45
+0.64%
+0.01%
-0.45%
$ 316.79M
$ 20.71K
37
Lido DAO
Lido DAO
LDO
$ 0.374
+0.35%
+0.24%
-4.78%
$ 307.64M
$ 424.97K
38
Gnosis
Gnosis
GNO
$ 114.8
-0.54%
-1.15%
-2.13%
$ 303.78M
$ 525.69
39
Olympus
Olympus
OHM
$ 20.35
+0.05%
+0.01%
-0.93%
$ 303.66M
$ 86.68K
40
Terra Classic
Terra Classic
LUNC
$ 0.00005075
+0.49%
+0.99%
-4.25%
$ 281.13M
$ 1.94B
41
Maple Finance
Maple Finance
SYRUP
$ 0.21541
+0.07%
+1.10%
-5.92%
$ 255.98M
$ 326.86K
42
JITO
JITO
JTO
$ 0.4591
+0.52%
+7.60%
+4.34%
$ 241.75M
$ 191.43K
43
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 145.09
+0.18%
+0.02%
+0.37%
$ 237.37M
$ 1.53M
44
BUILDon
BUILDon
B
$ 0.23876
+0.33%
+9.04%
+26.13%
$ 236.74M
$ 526.55K
45
Plasma
Plasma
XPL
$ 0.08483
+0.86%
+4.05%
-16.44%
$ 232.64M
$ 6.56M
46
Convex Finance
Convex Finance
CVX
$ 2.055
+0.49%
-3.17%
-9.15%
$ 203.81M
$ 42.70K
47
crvUSD
crvUSD
CRVUSD
$ 0.999867
+0.01%
0.00%
-0.01%
$ 203.48M
$ 13.87M
48
MIOTAC
MIOTAC
IOTA
$ 0.04366
-0.30%
+5.97%
+3.28%
$ 203.01M
$ 1.77M
49
Lido Earn ETH
Lido Earn ETH
EARNETH
$ 2,580.73
+0.11%
+0.01%
+2.42%
$ 199.83M
--
50
Compound
Compound
COMP
$ 19.61
+0.15%
-0.51%
-6.22%
$ 196.00M
$ 2.80K

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.