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
$ 2,498.56
-0.01%
+1.63%
+2.66%
$ 24.26B
$ 21.48
2
Hyperliquid
Hyperliquid
HYPE
$ 79.37
+0.27%
+3.85%
-2.12%
$ 20.25B
$ 17.60K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 3,124.89
+0.12%
+0.01%
+2.56%
$ 11.66B
$ 1.92M
4
Chainlink
Chainlink
LINK
$ 11.265
+0.01%
+1.36%
-7.86%
$ 7.49B
$ 62.96K
5
UNISWAP
UNISWAP
UNI
$ 6.234
+0.29%
+1.36%
-8.54%
$ 3.93B
$ 86.69K
6
AaveToken
AaveToken
AAVE
$ 124.93
-0.05%
+0.07%
-0.84%
$ 1.95B
$ 1.06K
7
Bitway
Bitway
BTW
$ 0.700723
+12.47%
+1.89%
+53.30%
$ 1.90B
$ 3.27M
8
Aster
Aster
ASTER
$ 0.6902
+0.07%
+0.82%
-6.88%
$ 1.89B
$ 1.07M
9
Ondo
Ondo
ONDO
$ 0.35
-0.18%
+3.08%
-4.62%
$ 1.73B
$ 1.03M
10
Sky Protocol
Sky Protocol
SKY
$ 0.06298
+0.88%
+2.10%
-5.56%
$ 1.48B
$ 984.76K
11
Ethena
Ethena
ENA
$ 0.13834
+0.14%
+1.93%
-10.17%
$ 1.43B
$ 89.71M
12
MORPHO
MORPHO
MORPHO
$ 2.1912
+0.49%
+2.36%
-7.58%
$ 1.15B
$ 36.15K
13
Lighter
Lighter
LIT
$ 4.3865
+0.29%
+10.48%
-5.78%
$ 1.13B
$ 2.26M
14
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 114.87
+0.22%
+0.02%
-0.61%
$ 1.05B
$ 1.13M
15
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.09723
+1.10%
+1.57%
+2.50%
$ 1.05B
$ 1.63M
16
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
0.00%
0.00%
$ 949.98M
$ 1.22M
17
JUST
JUST
JST
$ 0.11351
+0.04%
+1.59%
+5.95%
$ 928.03M
$ 585.99K
18
PancakeSwap
PancakeSwap
CAKE
$ 2.332
+0.21%
+8.34%
+3.73%
$ 886.12M
$ 1.01M
19
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 4.43
0.00%
+0.01%
+0.23%
$ 860.19M
$ 4.46M
20
Jupiter
Jupiter
JUP
$ 0.2337
+0.38%
+1.84%
-0.13%
$ 788.68M
$ 1.21M
21
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.6439
+1.32%
+1.77%
+13.08%
$ 637.81M
$ 8.54M
22
Injective
Injective
INJ
$ 5.946
-0.31%
+1.18%
-3.10%
$ 602.42M
$ 423.70K
23
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.5669
0.00%
+2.46%
-8.12%
$ 568.15M
$ 3.22M
24
Curve
Curve
CRV
$ 0.3458
+0.29%
-0.43%
-1.60%
$ 545.35M
$ 1.83M
25
Staked USDai
Staked USDai
SUSDAI
$ 1.11
0.00%
0.00%
0.00%
$ 470.26M
$ 1.72M
26
Pyth Network
Pyth Network
PYTH
$ 0.05459
-0.39%
+0.96%
+4.20%
$ 437.69M
$ 9.15M
27
Falcon Finance
Falcon Finance
FF
$ 0.13745
+1.33%
-4.85%
-1.01%
$ 435.89M
$ 662.53K
28
Pendle
Pendle
PENDLE
$ 2.265
-0.04%
+8.24%
+5.53%
$ 399.76M
$ 489.80K
29
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,690.53
0.00%
+0.01%
+2.40%
$ 399.68M
$ 1.82K
30
Raydium
Raydium
RAY
$ 1.3586
+0.79%
-4.85%
+29.81%
$ 376.47M
$ 127.35K
31
SEI
SEI
SEI
$ 0.04435
+0.07%
+0.38%
-8.34%
$ 334.66M
$ 2.36M
32
tBTC
tBTC
TBTC
$ 77,848
+0.12%
+0.01%
+0.25%
$ 332.19M
$ 4.05M
33
TIA
TIA
TIA
$ 0.3525
+0.17%
+1.45%
-12.92%
$ 328.51M
$ 1.51M
34
SUN
SUN
SUN
$ 0.016934
+0.04%
-0.58%
-0.14%
$ 325.80M
$ 4.72M
35
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.13
0.00%
0.00%
0.00%
$ 321.60M
$ 2.03K
36
Staked Aave
Staked Aave
STKAAVE
$ 125.76
+0.12%
+0.02%
-1.16%
$ 312.64M
$ 20.11K
37
Gnosis
Gnosis
GNO
$ 115.51
-0.08%
+0.52%
+0.21%
$ 307.95M
$ 496.53
38
Lido DAO
Lido DAO
LDO
$ 0.3629
+0.24%
+0.27%
-4.41%
$ 307.55M
$ 295.34K
39
Olympus
Olympus
OHM
$ 20.23
+0.05%
+0.01%
-1.12%
$ 301.83M
$ 90.10K
40
Terra Classic
Terra Classic
LUNC
$ 0.00005016
+0.16%
+0.14%
-3.76%
$ 279.58M
$ 1.79B
41
Maple Finance
Maple Finance
SYRUP
$ 0.21361
+0.25%
-0.82%
-6.28%
$ 258.51M
$ 320.04K
42
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 142.8
+0.22%
+0.02%
-0.17%
$ 233.68M
$ 1.33M
43
JITO
JITO
JTO
$ 0.4356
+1.27%
+3.86%
+1.38%
$ 232.69M
$ 156.63K
44
Plasma
Plasma
XPL
$ 0.08161
+0.44%
+2.19%
-12.00%
$ 230.28M
$ 5.79M
45
BUILDon
BUILDon
B
$ 0.22618
+0.89%
+11.15%
+24.16%
$ 227.13M
$ 567.44K
46
MIOTAC
MIOTAC
IOTA
$ 0.0448
+3.37%
+12.82%
+11.76%
$ 215.76M
$ 1.62M
47
crvUSD
crvUSD
CRVUSD
$ 0.999514
+0.01%
-0.00%
-0.02%
$ 202.87M
$ 7.68M
48
Convex Finance
Convex Finance
CVX
$ 2
+0.75%
-4.43%
-8.61%
$ 202.01M
$ 41.47K
49
Lido Earn ETH
Lido Earn ETH
EARNETH
$ 2,557.69
+0.08%
+0.01%
+3.15%
$ 198.07M
--
50
Compound
Compound
COMP
$ 19.3
+0.21%
-1.26%
-7.66%
$ 195.30M
$ 2.74K

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.