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
51
Plasma
Plasma
XPL
$ 0.1053
+5.23%
+3.06%
+3.06%
$ 189.68M
$ 8.69M
52
Staked Aave
Staked Aave
STKAAVE
$ 93.4
--
-1.26%
--
$ 185.48M
--
53
Vision
Vision
VSN
$ 0.04774
+0.10%
+0.48%
+0.48%
$ 173.51M
$ 1.38M
54
Convex Finance
Convex Finance
CVX
$ 1.727
+1.97%
+1.79%
+1.79%
$ 171.38M
$ 33.76K
55
DeepBook
DeepBook
DEEP
$ 0.030805
+2.65%
+4.82%
+4.82%
$ 162.42M
$ 2.69M
56
Staked USDai
Staked USDai
SUSDAI
$ 1.083
--
+0.01%
--
$ 161.59M
--
57
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.1
--
+0.46%
--
$ 159.36M
--
58
Stargate Finance
Stargate Finance
STG
$ 0.2568
-0.87%
-7.68%
-7.68%
$ 158.96M
$ 235.24K
59
Frax Ether
Frax Ether
FRXETH
$ 2,283.19
--
-3.37%
--
$ 156.58M
--
60
Gauntlet USDC Prime Morpho Vault
Gauntlet USDC Prime Morpho Vault
GTUSDC
$ 1.11
--
-0.01%
--
$ 155.68M
--
61
Falcon Finance
Falcon Finance
FF
$ 0.06504
+1.84%
+1.52%
+1.52%
$ 154.23M
$ 1.11M
62
dYdX
dYdX
DYDX
$ 0.19429
+0.25%
-12.50%
-12.50%
$ 139.53M
$ 1.17M
63
1INCH
1INCH
1INCH
$ 0.09694
+1.37%
+1.33%
+1.33%
$ 138.01M
$ 712.88K
64
Whiterock
Whiterock
WHITE
$ 0.00017002
+7.04%
+20.74%
+20.74%
$ 137.65M
$ 287.68M
65
Instadapp
Instadapp
FLUID
$ 1.7213
+0.61%
+0.21%
+0.21%
$ 134.46M
$ 2.46K
66
Steakhouse USDC Morpho Vault
Steakhouse USDC Morpho Vault
STEAKUSDC
$ 1.13
--
-0.01%
--
$ 132.07M
--
67
Horizen
Horizen
ZEN
$ 6.996
+4.58%
+4.50%
+4.50%
$ 131.33M
$ 63.15K
68
Ethena Staked ENA
Ethena Staked ENA
SENA
$ 0.119874
--
+1.22%
--
$ 130.67M
--
69
Reserve Rights
Reserve Rights
RSR
$ 0.00199
+1.90%
+2.61%
+2.61%
$ 127.80M
$ 43.33M
70
SoSoValue
SoSoValue
SOSO
$ 0.3912
-0.08%
+1.20%
+1.20%
$ 123.71M
$ 407.23K
71
SNX
SNX
SNX
$ 0.3331
+2.84%
+0.60%
+0.60%
$ 114.62M
$ 534.68K
72
ULTIMA
ULTIMA
ULTIMA
$ 3,015.19
+0.52%
+0.99%
+0.99%
$ 113.79M
$ 512.88
73
Bybit Staked SOL
Bybit Staked SOL
BBSOL
$ 101.25
--
+0.13%
--
$ 111.86M
--
74
Staked Frax Ether
Staked Frax Ether
SFRXETH
$ 2,644.25
--
-3.20%
--
$ 111.55M
--
75
RealLink
RealLink
REAL
$ 0.07868
+1.53%
+2.13%
+2.13%
$ 110.47M
$ 1.36M
76
AWE Network
AWE Network
AWE
$ 0.05547
+1.51%
+1.03%
+1.03%
$ 108.62M
$ 931.40K
77
Kamino
Kamino
KMNO
$ 0.02244
+2.81%
+1.57%
+1.57%
$ 103.13M
$ 3.77M
78
Nexus Mutual
Nexus Mutual
NXM
$ 58.68
--
-2.94%
--
$ 103.10M
--
79
BERA
BERA
BERA
$ 0.3835
+2.57%
+2.06%
+2.06%
$ 101.41M
$ 173.80K
80
CoW Protocol
CoW Protocol
COW
$ 0.1798
+1.75%
+0.78%
+0.78%
$ 100.68M
$ 306.15K
81
Treehouse ETH
Treehouse ETH
TETH
$ 2,829.21
--
-3.23%
--
$ 99.92M
--
82
YearnFinance
YearnFinance
YFI
$ 2,709.6
+1.73%
+1.42%
+1.42%
$ 98.05M
$ 24.40
83
0x
0x
ZRX
$ 0.1159
+1.66%
+0.02%
+0.02%
$ 98.04M
$ 520.46K
84
Block Street
Block Street
BSB
$ 0.48247
+3.27%
-1.13%
-1.13%
$ 96.97M
$ 1.77M
85
Coinbase Wrapped XRP
Coinbase Wrapped XRP
CBXRP
$ 1.39
--
-2.47%
--
$ 96.53M
--
86
Orca
Orca
ORCA
$ 1.5698
+0.32%
+0.58%
+0.58%
$ 96.48M
$ 159.89K
87
Origin Ether
Origin Ether
OETH
$ 2,281.31
--
-3.00%
--
$ 95.16M
--
88
Spark
Spark
SPK
$ 0.03757
-1.09%
-5.55%
-5.55%
$ 94.84M
$ 1.98M
89
Everything
Everything
EV
$ 0.00094779
--
-23.99%
--
$ 94.38M
--
90
Turbo
Turbo
TURBO
$ 0.0013117
+4.01%
+1.38%
+1.38%
$ 90.88M
$ 86.37M
91
Derive
Derive
DRV
$ 0.090598
--
-2.42%
--
$ 90.55M
--
92
XDAI
XDAI
XDAI
$ 1.0
--
+0.02%
--
$ 84.31M
--
93
Amp
Amp
AMP
$ 0.0008886
+0.67%
+0.67%
+0.67%
$ 77.43M
$ 64.73M
94
Savings xDAI
Savings xDAI
SDAI
$ 1.24
--
-0.24%
--
$ 77.36M
--
95
Lista USD
Lista USD
LISUSD
$ 0.998824
--
+0.09%
--
$ 76.21M
--
96
GMX
GMX
GMX
$ 7.232
+2.47%
+1.26%
+1.26%
$ 76.06M
$ 7.38K
97
Fogo
Fogo
FOGO
$ 0.02013
+0.66%
+0.10%
+0.10%
$ 75.67M
$ 3.72M
98
MYX Finance
MYX Finance
MYX
$ 0.2566
+1.93%
-2.78%
-2.78%
$ 74.13M
$ 591.47K
99
Threshold
Threshold
T
$ 0.006103
+1.24%
+0.62%
+0.62%
$ 68.49M
$ 8.65M
100
Numeraire
Numeraire
NMR
$ 9.007
+0.94%
+0.09%
+0.09%
$ 67.42M
$ 9.06K

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.