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
$ 2,491.77
-0.26%
+1.05%
+5.00%
$ 22.58B
$ 22.33
2
Hyperliquid
Hyperliquid
HYPE
$ 85.64
+0.12%
+2.96%
+6.41%
$ 21.94B
$ 26.42K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 3,120.86
-0.32%
+0.01%
+5.01%
$ 11.64B
$ 3.33M
4
Chainlink
Chainlink
LINK
$ 12.151
-0.26%
-1.72%
+11.73%
$ 8.19B
$ 83.31K
5
UNISWAP
UNISWAP
UNI
$ 6.621
-0.80%
-3.22%
+12.56%
$ 4.23B
$ 199.25K
6
Aster
Aster
ASTER
$ 0.7517
-0.59%
-0.89%
+4.72%
$ 2.05B
$ 2.83M
7
AaveToken
AaveToken
AAVE
$ 128.58
-0.09%
-0.45%
+1.61%
$ 2.01B
$ 1.64K
8
Ondo
Ondo
ONDO
$ 0.37402
-0.77%
-0.78%
+6.91%
$ 1.84B
$ 2.12M
9
Ethena
Ethena
ENA
$ 0.16332
-0.44%
+2.25%
+11.11%
$ 1.55B
$ 152.27M
10
Sky Protocol
Sky Protocol
SKY
$ 0.0645
-0.86%
-3.67%
-2.53%
$ 1.52B
$ 967.72K
11
Lighter
Lighter
LIT
$ 5.1649
+0.22%
+10.26%
+37.34%
$ 1.31B
$ 2.92M
12
MORPHO
MORPHO
MORPHO
$ 2.3568
-0.96%
-1.05%
-1.76%
$ 1.20B
$ 51.34K
13
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 117.72
-0.44%
+0.01%
+4.31%
$ 1.08B
$ 2.46M
14
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.09792
-0.05%
+2.03%
+7.85%
$ 1.05B
$ 2.59M
15
Bitway
Bitway
BTW
$ 0.443875
-0.53%
-0.01%
+9.09%
$ 987.27M
$ 322.29K
16
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
0.00%
0.00%
$ 973.46M
$ 825.92K
17
JUST
JUST
JST
$ 0.10377
-0.16%
-0.46%
-4.67%
$ 883.08M
$ 537.13K
18
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 4.49
-0.22%
+0.01%
+2.75%
$ 867.95M
$ 5.46M
19
Jupiter
Jupiter
JUP
$ 0.2446
-1.08%
+1.27%
+11.56%
$ 820.45M
$ 3.43M
20
PancakeSwap
PancakeSwap
CAKE
$ 2.28
+0.61%
-0.69%
+18.30%
$ 814.21M
$ 1.13M
21
Injective
Injective
INJ
$ 6.251
-0.27%
+1.13%
+30.72%
$ 632.62M
$ 770.87K
22
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.5992
-0.36%
-4.76%
+25.40%
$ 579.39M
$ 7.79M
23
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.6299
+0.03%
+6.50%
+12.92%
$ 555.70M
$ 7.71M
24
Curve
Curve
CRV
$ 0.3589
-0.58%
-0.38%
-0.38%
$ 549.96M
$ 1.43M
25
Staked USDai
Staked USDai
SUSDAI
$ 1.11
0.00%
0.00%
0.00%
$ 463.38M
$ 1.41M
26
Falcon Finance
Falcon Finance
FF
$ 0.15315
+5.74%
+26.47%
+50.50%
$ 456.78M
$ 3.00M
27
Pyth Network
Pyth Network
PYTH
$ 0.05427
-0.53%
+1.67%
-5.22%
$ 432.02M
$ 8.08M
28
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,691.29
-0.37%
+0.01%
+5.13%
$ 377.30M
$ 41.24K
29
TIA
TIA
TIA
$ 0.4001
-1.26%
-4.17%
+10.35%
$ 373.77M
$ 1.84M
30
Pendle
Pendle
PENDLE
$ 2.087
+0.61%
-4.70%
+15.94%
$ 364.13M
$ 394.96K
31
SEI
SEI
SEI
$ 0.04955
-0.36%
+1.17%
+5.67%
$ 363.49M
$ 5.47M
32
tBTC
tBTC
TBTC
$ 79,437
-0.21%
+0.01%
+2.51%
$ 344.42M
$ 3.74M
33
Raydium
Raydium
RAY
$ 1.2698
-2.22%
+17.40%
+56.74%
$ 342.33M
$ 343.67K
34
Lido DAO
Lido DAO
LDO
$ 0.3847
-0.54%
-1.12%
+4.54%
$ 328.12M
$ 794.81K
35
SUN
SUN
SUN
$ 0.016914
-0.01%
+0.19%
+4.42%
$ 326.66M
$ 6.28M
36
Staked Aave
Staked Aave
STKAAVE
$ 129.94
-0.42%
-0.00%
+1.91%
$ 322.94M
$ 10.44K
37
Gnosis
Gnosis
GNO
$ 117.49
+0.31%
+0.37%
+2.42%
$ 311.65M
$ 499.60
38
Olympus
Olympus
OHM
$ 20.3
-0.64%
-0.00%
+0.89%
$ 302.95M
$ 211.26K
39
Terra Classic
Terra Classic
LUNC
$ 0.00005326
-0.35%
-0.96%
+4.01%
$ 295.05M
$ 2.20B
40
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.13
0.00%
0.00%
0.00%
$ 293.84M
$ 2.37K
41
Maple Finance
Maple Finance
SYRUP
$ 0.22695
+1.89%
-1.96%
+14.01%
$ 274.84M
$ 456.04K
42
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 146.54
-0.21%
+0.01%
+4.32%
$ 240.41M
$ 1.44M
43
crvUSD
crvUSD
CRVUSD
$ 0.999621
-0.03%
0.00%
0.00%
$ 220.76M
$ 13.40M
44
JITO
JITO
JTO
$ 0.4458
-0.81%
+1.32%
+6.68%
$ 218.36M
$ 235.35K
45
Convex Finance
Convex Finance
CVX
$ 2.196
-0.09%
-2.26%
-1.82%
$ 216.85M
$ 28.26K
46
Ethena Staked ENA
Ethena Staked ENA
SENA
$ 0.171984
0.00%
+0.05%
+11.40%
$ 215.58M
$ 153.63K
47
Compound
Compound
COMP
$ 20.78
+0.10%
-3.21%
+3.90%
$ 207.90M
$ 2.66K
48
Lido Earn ETH
Lido Earn ETH
EARNETH
$ 2,553.04
-0.17%
+0.01%
+4.80%
$ 196.76M
--
49
BUILDon
BUILDon
B
$ 0.19269
+0.41%
+7.18%
+51.01%
$ 194.55M
$ 448.95K
50
MIOTAC
MIOTAC
IOTA
$ 0.04248
-0.16%
-0.05%
+7.61%
$ 192.48M
$ 1.57M

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.