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

551

Wrapped Kava

WKAVA

$ 0.066528

-0.64%

-0.02%

-5.31%

$ 630.17K

$ 499.18

552

ZygoSwap

ZSWAP

$ 0.00062877

-0.06%

-0.00%

-13.78%

$ 628.77K

$ 43.51K

553

Dialectic BTC Vault

DBIT

$ 81,483

0.00%

$ 626.79K

$ 8.46

554

Credefi

CREDI

$ 0.00070858

-0.07%

+0.00%

-11.43%

$ 626.72K

$ 22.75K

555

Mochi

MOCHI

$ 0.0000006493

-0.25%

-8.85%

-21.22%

$ 610.30K

$ 64.82B

556

Bonzo Finance

BONZO

$ 0.0044745

-0.05%

+0.04%

-6.09%

$ 610.12K

$ 1.32K

557

Etherex

REX

$ 0.0103094

0.00%

+0.07%

-3.51%

$ 609.42K

$ 1.86K

558

Jelly Finance Baby

JFB

$ 0.0030318

0.00%

$ 606.36K

$ 260.86

559

Offshift

XFT

$ 0.060169

+0.04%

+0.01%

-4.89%

$ 606.07K

$ 564.90

560

Beta Finance

BETA

$ 0.00139307

-0.09%

-0.02%

-6.15%

$ 601.65K

$ 1.60

561

Velora

VLR

$ 0.00035915

0.00%

-0.01%

-8.02%

$ 600.04K

$ 31.31

562

Lnfi Network

$ 0.00570434

-0.34%

-0.01%

-4.57%

$ 597.42K

$ 44.18K

563

Ticker Spring

SPRING

$ 0.00181833

-0.08%

-0.03%

-27.83%

$ 596.12K

$ 11.06K

564

Orion

ORN

$ 0.00949641

-61.70%

-0.01%

-7.99%

$ 595.60K

$ 97.38

565

Elastic Finance Token

EEFI

$ 9.36

-0.74%

-0.02%

-6.40%

$ 594.32K

$ 2.24K

566

Prisma Governance Token

PRISMA

$ 0.00636703

+0.07%

+0.01%

-2.13%

$ 593.40K

$ 35.20

567

Arcadia

AAA

$ 0.02247923

0.00%

-0.09%

-10.36%

$ 591.97K

$ 1.35K

568

KiloEx

KILO

$ 0.00279469

-0.03%

-0.01%

-8.68%

$ 591.64K

$ 1.74K

569

ICHI

$ 0.062512

+0.09%

0.00%

-4.29%

$ 586.33K

$ 273.87

570

Maxi PayFi Strategy Token

MPST

$ 0.99901

0.00%

$ 585.37K

$ 1.11

571

neuron ICP

NICP

$ 3.19

-0.31%

+0.03%

-5.06%

$ 569.98K

$ 100.39

572

Roobee

ROOBEE

$ 0.00010626

-0.06%

0.00%

-0.82%

$ 564.43K

$ 53.81K

573

ASX Capital

ASX

$ 0.068526

+0.45%

-0.02%

-7.51%

$ 560.99K

$ 222.27

574

SPACEHOOD

$ 0.00061144

-1.10%

+0.02%

+8.99%

$ 548.00K

$ 1.05M

575

Yardkeeper

YARD

$ 0.00079392

-0.12%

+0.03%

+3.70%

$ 545.68K

$ 25.12K

576

Anome

ANOME

$ 0.01817819

+0.04%

-0.02%

-5.52%

$ 545.35K

$ 266.69K

577

Hedgehood

HEDGE

$ 0.00057067

-0.03%

-29.39%

$ 537.89K

$ 11.91K

578

Resolv wstUSR

WSTUSR

$ 0.290641

0.00%

$ 535.24K

$ 46.45

579

DefiTuna

TUNA

$ 0.00187446

0.00%

+0.06%

-1.95%

$ 527.66K

$ 442.02

580

Infrared Finance

$ 0.00257055

+2.45%

-0.13%

-16.50%

$ 526.96K

$ 240.83K

581

BANX Network

BXE

$ 0.001737

-0.52%

-0.46%

-8.88%

$ 521.62K

$ 10.97M

582

Belt

BELT

$ 0.02455789

-0.09%

-0.01%

-5.42%

$ 519.89K

$ 2.39

583

Sandclock

QUARTZ

$ 0.067

0.00%

$ 513.01K

$ 29.08

584

Delpho USDV

USDV

$ 1.001

0.00%

-0.00%

0.00%

$ 504.80K

$ 93.00K

585

Helder

HLDR

$ 0.144764

0.00%

-0.60%

$ 503.41K

$ 34.55

586

XOXNO

$ 0.00665615

-0.69%

+0.18%

+2.22%

$ 494.75K

$ 769.27

587

Rubic

RBC

$ 0.00227586

-0.02%

-0.01%

-23.18%

$ 492.11K

$ 39.49K

588

Looping Collective

LOOP

$ 0.00184582

-0.19%

-0.03%

+6.56%

$ 487.65K

$ 1.54

589

SONE

$ 1.0

+0.06%

-0.01%

+0.19%

$ 480.33K

$ 292.41

590

Nostra

NSTR

$ 0.0047115

0.00%

-3.96%

$ 471.15K

$ 435.68

591

Thala

THL

$ 0.00624942

+0.21%

-0.00%

-36.11%

$ 470.59K

$ 508.07

592

Guacamole

GUAC

$ 4.625E-9

-0.04%

+0.91%

+9.68%

$ 454.50K

593

Blend

BLND

$ 0.00674715

-0.01%

+0.04%

+44.83%

$ 453.01K

$ 1.03K

594

Jarvis

JARVIS

$ 0.01074805

0.00%

-7.68%

$ 451.42K

$ 100.05

595

Seamless Protocol

SEAM

$ 0.01090088

0.00%

-0.01%

-4.18%

$ 443.51K

$ 134.81

596

FlowX Finance

FLX

$ 0.066192

-0.06%

+0.01%

-2.80%

$ 439.35K

$ 11.59

597

Metaverse Index

MVI

$ 4.72

0.00%

+0.11%

-1.05%

$ 426.70K

$ 1.15K

598

Kromatika

KROM

$ 0.00429303

-0.35%

-0.05%

+3.77%

$ 424.98K

$ 252.58

599

swanUSD

SWANUSD

$ 0.999435

0.00%

+0.00%

+0.19%

$ 424.36K

$ 19.41K

600

throne

THRONE

$ 0.00041754

-0.21%

-0.04%

-21.74%

$ 417.54K

$ 5.80K

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.

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

New Crypto

Frequently Asked Questions

Disclaimer