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
$ 2,596.35
+0.49%
+2.46%
+1.77%
$ 24.16B
$ 22.60
2
Hyperliquid
Hyperliquid
HYPE
$ 83.04
+0.25%
+0.62%
-4.12%
$ 20.57B
$ 31.45K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 3,116.59
+0.06%
+0.04%
+2.03%
$ 11.61B
$ 3.34M
4
Chainlink
Chainlink
LINK
$ 11.984
+0.79%
-0.03%
-1.83%
$ 7.67B
$ 88.90K
5
UNISWAP
UNISWAP
UNI
$ 6.445
+0.08%
+3.46%
-2.88%
$ 3.83B
$ 134.65K
6
AaveToken
AaveToken
AAVE
$ 128.76
-0.42%
+2.20%
-4.50%
$ 1.93B
$ 1.07K
7
Aster
Aster
ASTER
$ 0.7089
-0.40%
-1.16%
-16.31%
$ 1.89B
$ 3.23M
8
Ondo
Ondo
ONDO
$ 0.36432
-0.25%
+1.27%
-4.16%
$ 1.73B
$ 1.02M
9
Ethena
Ethena
ENA
$ 0.15528
-0.11%
-1.11%
-9.58%
$ 1.49B
$ 201.54M
10
Bitway
Bitway
BTW
$ 0.502259
-1.21%
+8.07%
+11.47%
$ 1.41B
$ 1.26M
11
Sky Protocol
Sky Protocol
SKY
$ 0.05909
-2.32%
-0.91%
-13.45%
$ 1.37B
$ 1.28M
12
MORPHO
MORPHO
MORPHO
$ 2.4417
+0.64%
+3.43%
-5.73%
$ 1.23B
$ 33.49K
13
Lighter
Lighter
LIT
$ 4.7512
+1.82%
+2.57%
-0.70%
$ 1.17B
$ 2.31M
14
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 114.68
+0.38%
+0.02%
-1.21%
$ 1.05B
$ 1.30M
15
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.09728
+1.78%
+5.14%
+1.82%
$ 1.04B
$ 1.77M
16
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
0.00%
0.00%
$ 952.39M
$ 6.29M
17
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 4.42
0.00%
+0.01%
-0.67%
$ 854.11M
$ 5.55M
18
JUST
JUST
JST
$ 0.10272
-0.74%
-1.87%
-6.03%
$ 840.00M
$ 540.31K
19
Jupiter
Jupiter
JUP
$ 0.2479
+3.25%
+7.57%
+9.60%
$ 811.15M
$ 2.22M
20
PancakeSwap
PancakeSwap
CAKE
$ 2.202
+0.37%
+3.23%
-1.98%
$ 696.09M
$ 606.90K
21
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.6554
+0.39%
-7.17%
+15.23%
$ 623.91M
$ 28.42M
22
Injective
Injective
INJ
$ 6.011
-0.89%
+0.08%
+20.38%
$ 589.83M
$ 485.98K
23
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.596
+2.52%
+5.62%
+10.94%
$ 570.86M
$ 5.22M
24
Curve
Curve
CRV
$ 0.3535
-1.15%
-1.34%
-4.69%
$ 536.66M
$ 1.93M
25
Falcon Finance
Falcon Finance
FF
$ 0.16266
-0.02%
-1.29%
+33.48%
$ 511.04M
$ 1.55M
26
Staked USDai
Staked USDai
SUSDAI
$ 1.11
0.00%
0.00%
0.00%
$ 466.28M
$ 1.66M
27
Raydium
Raydium
RAY
$ 1.6286
+3.83%
+22.25%
+94.38%
$ 439.16M
$ 705.64K
28
Pyth Network
Pyth Network
PYTH
$ 0.05321
+0.77%
-0.13%
-4.45%
$ 412.33M
$ 7.14M
29
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,680.42
-0.38%
+0.04%
+1.74%
$ 398.67M
$ 675.21K
30
Pendle
Pendle
PENDLE
$ 2.121
+1.70%
+6.72%
+8.94%
$ 362.69M
$ 360.21K
31
TIA
TIA
TIA
$ 0.377
-0.43%
-2.14%
+0.98%
$ 340.10M
$ 1.42M
32
SEI
SEI
SEI
$ 0.04547
-0.36%
-1.91%
-7.35%
$ 332.79M
$ 3.84M
33
tBTC
tBTC
TBTC
$ 77,743
-0.31%
+0.01%
-2.51%
$ 330.40M
$ 13.63M
34
SUN
SUN
SUN
$ 0.016805
-0.18%
-0.72%
+0.62%
$ 322.20M
$ 6.22M
35
Lido DAO
Lido DAO
LDO
$ 0.384
-0.72%
+0.89%
-2.17%
$ 312.31M
$ 561.40K
36
Staked Aave
Staked Aave
STKAAVE
$ 124.17
-0.16%
+0.02%
-4.51%
$ 308.70M
$ 5.14K
37
Gnosis
Gnosis
GNO
$ 118.3
+0.06%
+1.51%
-1.14%
$ 307.34M
$ 514.68
38
Olympus
Olympus
OHM
$ 20.46
+0.05%
+0.01%
+1.19%
$ 305.28M
$ 240.34K
39
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.13
0.00%
0.00%
0.00%
$ 297.48M
$ 24.01K
40
Terra Classic
Terra Classic
LUNC
$ 0.00005158
+0.10%
+0.89%
-3.44%
$ 280.75M
$ 1.49B
41
Maple Finance
Maple Finance
SYRUP
$ 0.2233
+0.85%
+4.91%
+2.92%
$ 260.55M
$ 346.01K
42
Plasma
Plasma
XPL
$ 0.08789
-0.55%
-2.37%
-9.08%
$ 237.33M
$ 6.30M
43
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 142.19
-0.23%
+0.02%
-1.44%
$ 233.24M
$ 2.49M
44
JITO
JITO
JTO
$ 0.4371
+0.73%
+4.77%
+1.83%
$ 222.69M
$ 189.89K
45
Convex Finance
Convex Finance
CVX
$ 2.141
-0.43%
+1.21%
-6.98%
$ 208.39M
$ 28.39K
46
crvUSD
crvUSD
CRVUSD
$ 0.999602
-0.02%
0.00%
-0.04%
$ 205.21M
$ 9.45M
47
Compound
Compound
COMP
$ 20.68
+0.25%
+2.16%
+1.80%
$ 203.70M
$ 2.94K
48
Lido Earn ETH
Lido Earn ETH
EARNETH
$ 2,532.62
-0.97%
+0.03%
+1.42%
$ 196.29M
--
49
BUILDon
BUILDon
B
$ 0.19484
+0.13%
+1.31%
+11.55%
$ 194.37M
$ 433.25K
50
Ethena Staked ENA
Ethena Staked ENA
SENA
$ 0.14987
+3.52%
-0.01%
-8.98%
$ 188.36M
$ 38.86K

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.