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
$ 2,488.08
-0.51%
+0.60%
+3.53%
$ 22.38B
$ 22.42
2
Hyperliquid
Hyperliquid
HYPE
$ 85.97
-0.49%
+2.78%
+4.59%
$ 21.74B
$ 22.60K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 3,097.75
-0.21%
0.00%
+3.52%
$ 11.55B
$ 3.36M
4
Chainlink
Chainlink
LINK
$ 12.035
-2.70%
-3.90%
+6.51%
$ 7.92B
$ 90.66K
5
UNISWAP
UNISWAP
UNI
$ 6.672
-1.72%
-5.22%
+6.84%
$ 4.11B
$ 195.55K
6
Aster
Aster
ASTER
$ 0.7556
-0.50%
-0.92%
+2.73%
$ 2.03B
$ 2.85M
7
AaveToken
AaveToken
AAVE
$ 129.09
-0.42%
-1.06%
-0.86%
$ 1.98B
$ 1.64K
8
Ondo
Ondo
ONDO
$ 0.3759
-0.43%
-0.87%
+4.99%
$ 1.82B
$ 2.04M
9
Ethena
Ethena
ENA
$ 0.16379
-0.90%
+1.34%
+6.92%
$ 1.52B
$ 158.00M
10
Sky Protocol
Sky Protocol
SKY
$ 0.06424
-1.29%
-4.63%
-4.81%
$ 1.50B
$ 1.07M
11
Lighter
Lighter
LIT
$ 5.1293
-0.50%
+9.75%
+30.51%
$ 1.29B
$ 2.86M
12
MORPHO
MORPHO
MORPHO
$ 2.3524
-1.05%
-2.62%
-4.10%
$ 1.18B
$ 51.87K
13
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 117.19
+0.34%
0.00%
+2.94%
$ 1.08B
$ 2.49M
14
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.09777
-0.72%
+1.08%
+5.85%
$ 1.04B
$ 2.68M
15
Bitway
Bitway
BTW
$ 0.449427
-1.03%
-0.60%
+4.10%
$ 977.14M
$ 329.03K
16
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
0.00%
0.00%
$ 974.66M
$ 825.91K
17
JUST
JUST
JST
$ 0.10414
+0.43%
-0.86%
-4.25%
$ 886.59M
$ 548.48K
18
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 4.47
+0.22%
+0.00%
+2.05%
$ 863.68M
$ 5.46M
19
Jupiter
Jupiter
JUP
$ 0.2477
-0.81%
+1.03%
+9.55%
$ 811.15M
$ 3.35M
20
PancakeSwap
PancakeSwap
CAKE
$ 2.293
-0.96%
-1.00%
+15.10%
$ 801.90M
$ 1.01M
21
Injective
Injective
INJ
$ 6.268
-1.70%
-0.16%
+27.27%
$ 622.92M
$ 759.92K
22
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.5915
-1.27%
-7.95%
+22.64%
$ 569.10M
$ 7.23M
23
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.6265
-0.16%
+8.55%
+12.12%
$ 557.90M
$ 7.83M
24
Curve
Curve
CRV
$ 0.3573
-0.53%
+0.25%
-2.44%
$ 544.65M
$ 1.45M
25
Staked USDai
Staked USDai
SUSDAI
$ 1.11
0.00%
0.00%
0.00%
$ 463.38M
$ 1.38M
26
Falcon Finance
Falcon Finance
FF
$ 0.15108
-1.62%
+17.10%
+52.89%
$ 441.23M
$ 3.07M
27
Pyth Network
Pyth Network
PYTH
$ 0.05453
-0.69%
+1.32%
-6.40%
$ 428.24M
$ 8.46M
28
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,671.02
-0.03%
-0.00%
+3.59%
$ 374.46M
$ 40.95K
29
TIA
TIA
TIA
$ 0.3997
-1.28%
-4.32%
+9.42%
$ 368.62M
$ 1.87M
30
SEI
SEI
SEI
$ 0.04972
-1.16%
+0.71%
+3.22%
$ 358.15M
$ 5.63M
31
Pendle
Pendle
PENDLE
$ 2.093
-1.37%
-5.42%
+13.20%
$ 357.47M
$ 389.40K
32
tBTC
tBTC
TBTC
$ 79,034
-0.04%
+0.00%
+1.41%
$ 342.67M
$ 3.61M
33
Raydium
Raydium
RAY
$ 1.315
-1.53%
+18.03%
+56.14%
$ 342.11M
$ 348.01K
34
SUN
SUN
SUN
$ 0.016968
-0.33%
-0.23%
+3.98%
$ 325.55M
$ 5.99M
35
Lido DAO
Lido DAO
LDO
$ 0.3848
-0.46%
-1.33%
+0.97%
$ 324.83M
$ 813.21K
36
Staked Aave
Staked Aave
STKAAVE
$ 128.33
+0.23%
-0.02%
-0.77%
$ 319.03M
$ 9.88K
37
Gnosis
Gnosis
GNO
$ 117.61
-0.40%
+0.16%
+1.53%
$ 310.12M
$ 499.43
38
Olympus
Olympus
OHM
$ 20.3
0.00%
-0.00%
+0.79%
$ 302.99M
$ 216.30K
39
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.13
0.00%
0.00%
0.00%
$ 293.84M
$ 2.37K
40
Terra Classic
Terra Classic
LUNC
$ 0.00005327
-0.34%
-0.41%
+3.02%
$ 293.83M
$ 2.19B
41
Maple Finance
Maple Finance
SYRUP
$ 0.22714
-0.42%
-2.96%
+12.45%
$ 271.69M
$ 459.61K
42
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 145.56
+0.07%
+0.00%
+3.08%
$ 238.60M
$ 1.45M
43
crvUSD
crvUSD
CRVUSD
$ 0.999735
+0.06%
0.00%
+0.03%
$ 220.81M
$ 12.40M
44
JITO
JITO
JTO
$ 0.4502
-0.51%
+1.31%
+4.63%
$ 216.14M
$ 226.52K
45
Convex Finance
Convex Finance
CVX
$ 2.188
0.00%
-2.40%
-3.13%
$ 215.47M
$ 27.98K
46
Ethena Staked ENA
Ethena Staked ENA
SENA
$ 0.168057
0.00%
+0.02%
+7.70%
$ 210.66M
$ 153.69K
47
Compound
Compound
COMP
$ 20.55
-0.19%
-3.45%
+3.08%
$ 207.40M
$ 2.65K
48
Lido Earn ETH
Lido Earn ETH
EARNETH
$ 2,532.99
+0.07%
0.00%
+3.72%
$ 195.04M
--
49
BUILDon
BUILDon
B
$ 0.19361
-0.31%
+6.67%
+49.50%
$ 193.87M
$ 434.18K
50
MIOTAC
MIOTAC
IOTA
$ 0.04234
-0.66%
-0.26%
+5.94%
$ 190.60M
$ 1.60M

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.