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
$ 2,463.02
+0.12%
+0.08%
+0.50%
$ 22.18B
$ 23.49
2
Hyperliquid
Hyperliquid
HYPE
$ 80.55
+0.44%
-5.13%
-4.24%
$ 20.42B
$ 25.90K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 3,067.31
+0.23%
0.00%
+0.61%
$ 11.44B
$ 3.24M
4
Chainlink
Chainlink
LINK
$ 11.597
+0.14%
-0.83%
-0.22%
$ 7.65B
$ 75.12K
5
UNISWAP
UNISWAP
UNI
$ 6.078
+0.36%
-3.62%
-1.22%
$ 3.79B
$ 194.18K
6
Aster
Aster
ASTER
$ 0.7045
+0.27%
-3.79%
-4.37%
$ 1.90B
$ 2.91M
7
AaveToken
AaveToken
AAVE
$ 123.12
+0.37%
-1.51%
-5.18%
$ 1.90B
$ 1.51K
8
Ondo
Ondo
ONDO
$ 0.34852
+0.36%
-3.59%
-2.34%
$ 1.70B
$ 1.51M
9
Sky Protocol
Sky Protocol
SKY
$ 0.06034
0.00%
-2.35%
-10.08%
$ 1.41B
$ 1.41M
10
Ethena
Ethena
ENA
$ 0.1455
-0.37%
-5.37%
-12.53%
$ 1.34B
$ 189.75M
11
MORPHO
MORPHO
MORPHO
$ 2.2851
+0.53%
-1.01%
-9.17%
$ 1.16B
$ 55.17K
12
Lighter
Lighter
LIT
$ 4.5122
-0.63%
-2.98%
-4.32%
$ 1.13B
$ 2.58M
13
Bitway
Bitway
BTW
$ 0.491573
+1.85%
+10.62%
+10.43%
$ 1.09B
$ 942.76K
14
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 113.05
+0.31%
-0.02%
-1.75%
$ 1.04B
$ 1.33M
15
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.0934
-0.06%
-3.44%
+0.60%
$ 996.30M
$ 2.44M
16
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
0.00%
0.00%
$ 951.98M
$ 6.68M
17
JUST
JUST
JST
$ 0.1037
-0.09%
-0.26%
-4.50%
$ 884.45M
$ 552.54K
18
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 4.38
0.00%
-0.01%
-1.13%
$ 847.59M
$ 6.72M
19
Jupiter
Jupiter
JUP
$ 0.2273
+1.02%
-4.25%
+4.50%
$ 755.37M
$ 2.77M
20
PancakeSwap
PancakeSwap
CAKE
$ 2.122
+0.09%
-6.13%
+7.81%
$ 748.41M
$ 988.47K
21
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.6804
-0.67%
+16.36%
+25.06%
$ 616.99M
$ 22.37M
22
Injective
Injective
INJ
$ 5.998
+0.05%
-0.84%
+25.30%
$ 600.63M
$ 436.58K
23
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.5561
+0.40%
+0.60%
+11.36%
$ 530.23M
$ 4.94M
24
Curve
Curve
CRV
$ 0.3418
+0.88%
-3.12%
-2.93%
$ 522.36M
$ 2.36M
25
Falcon Finance
Falcon Finance
FF
$ 0.1684
+0.21%
+13.24%
+56.01%
$ 486.97M
$ 1.37M
26
Staked USDai
Staked USDai
SUSDAI
$ 1.11
0.00%
0.00%
0.00%
$ 464.38M
$ 1.55M
27
Pyth Network
Pyth Network
PYTH
$ 0.05175
+0.21%
-3.91%
-5.70%
$ 406.66M
$ 15.91M
28
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,637.25
+0.15%
-0.00%
+0.27%
$ 392.24M
$ 1.34M
29
Raydium
Raydium
RAY
$ 1.4362
+0.36%
+10.44%
+70.44%
$ 374.86M
$ 360.84K
30
TIA
TIA
TIA
$ 0.376
+0.69%
-2.37%
+7.48%
$ 348.84M
$ 1.46M
31
Pendle
Pendle
PENDLE
$ 2.013
+0.55%
-0.05%
+4.97%
$ 346.53M
$ 392.42K
32
tBTC
tBTC
TBTC
$ 77,243
+0.23%
-0.01%
-3.00%
$ 333.05M
$ 5.15M
33
SUN
SUN
SUN
$ 0.016864
+0.05%
-0.04%
+2.57%
$ 324.16M
$ 6.58M
34
SEI
SEI
SEI
$ 0.04474
+0.52%
-5.96%
-4.41%
$ 323.57M
$ 6.96M
35
Lido DAO
Lido DAO
LDO
$ 0.371
-0.03%
-0.80%
-3.37%
$ 313.87M
$ 668.29K
36
Staked Aave
Staked Aave
STKAAVE
$ 122.72
+0.16%
-0.02%
-5.22%
$ 304.90M
$ 3.01K
37
Gnosis
Gnosis
GNO
$ 115.39
-0.14%
-1.08%
-1.48%
$ 303.49M
$ 502.95
38
Olympus
Olympus
OHM
$ 20.25
-0.05%
+0.00%
+0.25%
$ 302.19M
$ 151.38K
39
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.13
0.00%
0.00%
0.00%
$ 296.91M
$ 25.05K
40
Terra Classic
Terra Classic
LUNC
$ 0.00005029
-0.02%
-2.68%
-1.57%
$ 276.79M
$ 1.91B
41
Maple Finance
Maple Finance
SYRUP
$ 0.21912
+0.15%
+0.43%
+1.08%
$ 263.63M
$ 672.50K
42
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 140.31
+0.21%
-0.02%
-1.59%
$ 230.13M
$ 911.04K
43
crvUSD
crvUSD
CRVUSD
$ 1.0
+0.05%
0.00%
+0.01%
$ 206.94M
$ 16.46M
44
Convex Finance
Convex Finance
CVX
$ 2.097
+0.57%
-3.62%
-3.88%
$ 206.35M
$ 34.64K
45
Compound
Compound
COMP
$ 20.39
-0.54%
+1.85%
+4.19%
$ 203.90M
$ 3.88K
46
JITO
JITO
JTO
$ 0.4138
+0.49%
-4.98%
+1.82%
$ 200.00M
$ 318.48K
47
BUILDon
BUILDon
B
$ 0.19577
+1.28%
-4.24%
+46.32%
$ 195.85M
$ 521.90K
48
Lido Earn ETH
Lido Earn ETH
EARNETH
$ 2,505.87
+0.04%
0.00%
+0.41%
$ 193.99M
--
49
Ethena Staked ENA
Ethena Staked ENA
SENA
$ 0.146436
-1.03%
-0.06%
-11.58%
$ 184.02M
$ 58.05K
50
Zebec Network
Zebec Network
ZBCN
$ 0.0018369
+0.22%
-0.86%
-4.04%
$ 182.74M
$ 108.84M

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.