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
Hydrex
Hydrex
HYDX
$ 0.02963864
-3.29%
+0.19%
+1.65%
$ 1.49M
$ 694.37K
452
Kyber Network Crystal Legacy
Kyber Network Crystal Legacy
KNCL
$ 0.137827
+0.84%
-0.01%
+12.89%
$ 1.49M
$ 388.45
453
NEUY
NEUY
NEUY
$ 0.02074656
-0.07%
-0.02%
-3.27%
$ 1.48M
$ 85.26K
454
Rai Reflex Index
Rai Reflex Index
RAI
$ 2.86
-7.14%
-0.03%
+1.42%
$ 1.48M
$ 15.48K
455
Roco Finance
Roco Finance
ROCO
$ 0.01597412
+0.57%
-0.01%
-2.68%
$ 1.48M
$ 4.41
456
Polytrade
Polytrade
TRADE
$ 0.03514
-0.70%
-0.39%
+5.01%
$ 1.46M
$ 1.93M
457
Kodiak Finance
Kodiak Finance
KDK
$ 0.097367
+0.23%
-0.00%
-1.05%
$ 1.44M
$ 19.51K
458
BNPL Pay
BNPL Pay
BNPL
$ 0.0176615
0.00%
--
0.00%
$ 1.43M
$ 187.62
459
TRWA
TRWA
TRWA
$ 0.000204
0.00%
-2.21%
-12.48%
$ 1.43M
$ 287.88M
460
XOXNO Staked EGLD
XOXNO Staked EGLD
XEGLD
$ 4.39
+6.81%
-0.03%
-22.98%
$ 1.40M
$ 2.21K
461
Ribbon Finance
Ribbon Finance
RBN
$ 0.02073303
-0.21%
--
-11.33%
$ 1.40M
$ 4.57
462
Pawtato
Pawtato
TATO
$ 0.00451737
+0.06%
-0.06%
+22.62%
$ 1.38M
$ 1.49K
463
Based ETH
Based ETH
BSDETH
$ 2,592.57
-0.30%
-0.03%
-3.12%
$ 1.37M
$ 35.71K
464
Eris Amplified Luna
Eris Amplified Luna
AMPLUNA
$ 0.10483
0.00%
--
-0.30%
$ 1.35M
$ 45.80K
465
SwissCheese
SwissCheese
SWCH
$ 0.03077
+0.13%
-1.98%
-1.35%
$ 1.34M
$ 2.02M
466
Infrared Finance
Infrared Finance
IR
$ 0.00649971
-0.02%
-0.03%
-9.54%
$ 1.33M
$ 76.72K
467
King Protocol
King Protocol
KING
$ 213.81
-0.18%
-0.04%
-1.81%
$ 1.32M
$ 94.67
468
Ember Earn
Ember Earn
EEARN
$ 1.043
0.00%
+0.00%
0.00%
$ 1.30M
$ 4.72K
469
Usual ETH
Usual ETH
ETH0
$ 1,818.75
0.00%
--
0.00%
$ 1.29M
$ 38.79
470
TENEX
TENEX
SN67
$ 0.961946
-0.32%
-0.05%
-19.16%
$ 1.29M
$ 25.29K
471
Contango
Contango
TANGO
$ 0.00279444
0.00%
--
+11.57%
$ 1.28M
$ 419.17
472
cUNI
cUNI
CUNI
$ 0.129919
-1.32%
-0.03%
+4.78%
$ 1.26M
--
473
Covalent X Token
Covalent X Token
CXT
$ 0.00129145
+1.00%
-0.04%
-20.77%
$ 1.26M
$ 409.60K
474
Odos
Odos
ODOS
$ 0.00077659
+1.85%
-0.00%
-2.21%
$ 1.24M
$ 565.13K
475
Hoge Finance
Hoge Finance
HOGE
$ 2.89E-6
0.00%
-2.69%
-3.02%
$ 1.22M
--
476
YieldFi yBTC
YieldFi yBTC
YBTC
$ 76,624
-0.11%
-0.02%
-3.30%
$ 1.21M
--
477
TrueFi
TrueFi
TRU
$ 0.00094964
+2.95%
+0.10%
+15.72%
$ 1.19M
$ 33.31K
478
Sologenic
Sologenic
SOLO
$ 0.00785365
-0.66%
-0.11%
-36.87%
$ 1.19M
$ 183.80
479
Cream
Cream
CREAM
$ 0.417136
0.00%
-0.03%
-8.06%
$ 1.18M
$ 8.68
480
ChainSwap
ChainSwap
CSWAP
$ 0.00119371
-0.16%
-0.02%
-9.71%
$ 1.15M
$ 121.39
481
Reflexer Ungovernance
Reflexer Ungovernance
FLX
$ 1.37
0.00%
-0.03%
-3.52%
$ 1.13M
$ 27.74
482
Neemo Staked Astar
Neemo Staked Astar
NSASTR
$ 0.00552285
+0.26%
-0.09%
+7.27%
$ 1.13M
$ 7.66
483
Juris Protocol
Juris Protocol
JURIS
$ 2.28E-6
-0.44%
-0.39%
-5.00%
$ 1.13M
--
484
Bonzo Finance
Bonzo Finance
BONZO
$ 0.00816082
-0.07%
-0.02%
-1.70%
$ 1.11M
$ 2.01K
485
Alien Base
Alien Base
ALB
$ 0.00441268
-0.10%
+0.03%
+3.58%
$ 1.10M
$ 11.40K
486
Convertible JPY Token
Convertible JPY Token
CJPY
$ 0.00508687
-0.31%
-0.01%
-1.72%
$ 1.08M
$ 12.29K
487
Neutrino Index Token
Neutrino Index Token
XTN
$ 0.01571145
0.00%
--
-0.96%
$ 1.08M
$ 5.05
488
Levva Protocol
Levva Protocol
LVVA
$ 0.00053914
+0.02%
-0.10%
-1.63%
$ 1.08M
$ 2.61M
489
Pyth ETH
Pyth ETH
PYTHETH
$ 2,312.83
+0.09%
-0.02%
-3.22%
$ 1.07M
--
490
EverRise
EverRise
RISE
$ 1.425E-5
+1.14%
-1.48%
-3.19%
$ 1.02M
--
491
Cellframe
Cellframe
CELL
$ 0.03515
+0.06%
-2.06%
-5.59%
$ 1.01M
$ 2.74M
492
Rezerve Money
Rezerve Money
RZR
$ 0.680586
+14.25%
+0.11%
+12.71%
$ 999.89K
$ 487.08
493
UNCX Network
UNCX Network
UNCX
$ 27.23
0.00%
--
+0.22%
$ 993.37K
$ 16.06
494
Million
Million
MM
$ 0.98636
-0.03%
-0.01%
+0.04%
$ 986.36K
$ 1.22K
495
Welf
Welf
WELF
$ 0.0778
-0.39%
-3.61%
-4.32%
$ 981.12K
$ 775.57K
496
Anome
Anome
ANOME
$ 0.03251419
-0.54%
-0.02%
-2.04%
$ 975.42K
$ 290.75K
497
sudoswap
sudoswap
SUDO
$ 0.03720765
-0.20%
--
-1.78%
$ 951.76K
$ 1.93K
498
BTC 2x Flexible Leverage Index
BTC 2x Flexible Leverage Index
BTC2X-FLI
$ 17.88
-0.06%
--
-6.49%
$ 950.90K
$ 733.08
499
GT3 Finance
GT3 Finance
GT3
$ 0.00555118
-0.03%
+0.04%
+4.91%
$ 941.38K
$ 169.18
500
Wagmi
Wagmi
WAGMI
$ 0.00049052
-0.90%
-0.08%
+7.03%
$ 912.54K
$ 602.57

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.