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
601
MerlinSwap
MerlinSwap
MP
$ 0.00011883
0.00%
0.00%
-1.59%
$ 374.31K
$ 894.81
602
JACK
JACK
JACK
$ 0.00413994
0.00%
--
-6.04%
$ 374.21K
$ 3.00
603
Odin Liquidity Network
Odin Liquidity Network
ODIN
$ 0.00197868
-0.42%
-0.02%
-6.51%
$ 370.74K
$ 20.15K
604
Whales Market
Whales Market
WHALES
$ 0.0088665
+0.04%
-0.03%
-10.44%
$ 369.33K
$ 231.41
605
FlowX Finance
FlowX Finance
FLX
$ 0.055181
-0.02%
-0.04%
-8.17%
$ 366.30K
$ 55.90
606
Metaverse Index
Metaverse Index
MVI
$ 3.87
0.00%
-0.01%
-4.68%
$ 361.89K
$ 30.93
607
Forty Two DAO Token
Forty Two DAO Token
FTD
$ 0.0035734
-0.01%
-0.03%
+1.85%
$ 357.33K
$ 91.53
608
Unifi Protocol DAO
Unifi Protocol DAO
UNFI
$ 0.03552047
-0.85%
-0.00%
-3.78%
$ 355.21K
$ 165.58
609
Hive AI
Hive AI
BUZZ
$ 0.00035318
+0.14%
-0.02%
-4.82%
$ 353.12K
$ 557.40
610
Levana
Levana
LVN
$ 0.00043852
+2.10%
-0.16%
-16.06%
$ 352.18K
$ 74.63
611
Shade Protocol
Shade Protocol
SHD
$ 0.064581
0.00%
--
0.00%
$ 348.30K
$ 8.77K
612
Plutus
Plutus
PLUTUS
$ 0.00444497
0.00%
--
+13.08%
$ 347.88K
$ 1.63
613
Mintlayer
Mintlayer
ML
$ 0.00539
+0.37%
-2.23%
-9.68%
$ 346.29K
$ 2.80M
614
xBONZO
xBONZO
XBONZO
$ 0.00870885
+0.81%
-0.06%
-4.20%
$ 334.70K
$ 43.54
615
Pineapple
Pineapple
PAPPLE
$ 0.00035496
-0.07%
-0.00%
-13.01%
$ 331.26K
$ 10.68
616
Bent Finance
Bent Finance
BENT
$ 0.02536498
+0.11%
-0.00%
-4.89%
$ 319.88K
$ 44.60
617
Kyros
Kyros
KYROS
$ 0.01387219
-0.01%
-0.03%
-3.38%
$ 319.47K
$ 164.11
618
Hyperstable
Hyperstable
PEG
$ 0.00112743
0.00%
+0.00%
-2.34%
$ 314.15K
$ 259.81
619
LEEK
LEEK
LEEK
$ 0.00033955
0.00%
--
-1.07%
$ 310.09K
$ 5.01
620
Topaz
Topaz
TOPAZ
$ 0.00301337
+0.12%
-0.17%
-37.06%
$ 310.00K
$ 15.65K
621
Deri Protocol
Deri Protocol
DERI
$ 0.00066064
0.00%
-0.04%
-25.98%
$ 309.13K
$ 67.76
622
Flamingo Finance
Flamingo Finance
FLM
$ 0.00053932
0.00%
--
0.00%
$ 307.28K
$ 47.19K
623
Ratehopper AI
Ratehopper AI
ROO
$ 0.00097801
+0.22%
--
-10.13%
$ 305.08K
$ 9.66
624
SmartCredit
SmartCredit
SMARTCREDIT
$ 0.134646
0.00%
--
+2.15%
$ 303.17K
$ 2.17
625
Rari Governance
Rari Governance
RGT
$ 0.02419964
0.00%
--
0.00%
$ 302.13K
$ 2.31
626
USDZ
USDZ
USDZ
$ 0.99605
0.00%
--
0.00%
$ 298.81K
$ 5.86
627
Polkamarkets
Polkamarkets
POLK
$ 0.00298029
0.00%
-0.01%
-4.62%
$ 298.03K
$ 1.11K
628
XWIN Capital
XWIN Capital
XWIN
$ 0.0172901
-0.17%
-0.01%
-0.99%
$ 297.80K
$ 43.20K
629
Demex
Demex
DMX
$ 0.00016852
-0.21%
-0.01%
-4.98%
$ 289.97K
$ 3.95
630
Terraport
Terraport
TERRA
$ 0.001
0.00%
--
0.00%
$ 284.72K
$ 167.32
631
Ouroboros
Ouroboros
ORX
$ 0.00050655
-2.14%
-0.09%
-1.32%
$ 283.28K
$ 11.79K
632
Blend
Blend
BLND
$ 0.00419524
-1.65%
-0.07%
-8.58%
$ 281.68K
$ 4.10K
633
Joule
Joule
JOULE
$ 0.0002493
+1.16%
-0.07%
-0.11%
$ 281.47K
$ 62.63
634
SessionX
SessionX
SXS
$ 0.00027669
0.00%
--
+1.81%
$ 276.69K
$ 52.90
635
PLEARN
PLEARN
PLEARN
$ 0.003165
-0.35%
+5.45%
+8.84%
$ 271.27K
$ 24.49M
636
K9 Finance DAO
K9 Finance DAO
KNINE
$ 2.85837E-7
+0.30%
+0.34%
+0.76%
$ 270.54K
--
637
Ithaca Protocol
Ithaca Protocol
ITHACA
$ 0.00039721
+0.01%
+0.00%
+2.51%
$ 264.89K
$ 50.35K
638
Charli3
Charli3
C3
$ 0.00257212
0.00%
--
-20.59%
$ 257.21K
$ 1.96
639
Argonot
Argonot
ARGNOT
$ 3.39
0.00%
-0.06%
-10.32%
$ 257.06K
$ 7.48K
640
Kuvi
Kuvi
KUVI
$ 0.00516311
0.00%
--
-2.90%
$ 256.32K
$ 51.63
641
Tradetomato
Tradetomato
TTM
$ 0.00168084
+0.01%
-0.00%
-2.75%
$ 253.29K
$ 114.04
642
CheckDot
CheckDot
CDT
$ 0.02610438
+0.09%
-0.02%
-1.53%
$ 249.06K
$ 40.60
643
Cypher
Cypher
CYPH
$ 0.00189446
+0.10%
-0.05%
-11.02%
$ 246.24K
$ 3.39K
644
Prisma mkUSD
Prisma mkUSD
MKUSD
$ 0.99834
0.00%
+0.00%
-0.37%
$ 245.98K
$ 126.17
645
STAK
STAK
STAK
$ 0.914455
0.00%
--
0.00%
$ 244.76K
$ 261.28
646
Rubic
Rubic
RBC
$ 0.001478
+0.14%
-4.34%
-6.99%
$ 244.29K
$ 26.77M
647
NX Token
NX Token
NX
$ 0.00244588
+0.04%
-0.02%
-4.33%
$ 243.13K
$ 38.38
648
enfineo
enfineo
ENF
$ 0.005947
+0.07%
-0.55%
-0.52%
$ 242.04K
$ 6.89M
649
THORWallet
THORWallet
TITN
$ 0.00564841
0.00%
0.00%
-1.57%
$ 240.06K
$ 533.82
650
ZMINE
ZMINE
ZMN
$ 0.00780681
+0.03%
-0.01%
-2.02%
$ 239.21K
$ 173.14

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.