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
$ 2,496.9
-0.53%
-0.61%
+0.04%
$ 24.17B
$ 21.57
2
Hyperliquid
Hyperliquid
HYPE
$ 79.57
-1.12%
-1.04%
-7.51%
$ 19.97B
$ 22.60K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 3,110.9
-0.46%
-0.00%
-0.32%
$ 11.63B
$ 17.21M
4
Chainlink
Chainlink
LINK
$ 11.484
-0.92%
+0.87%
-8.07%
$ 7.55B
$ 68.87K
5
UNISWAP
UNISWAP
UNI
$ 6.635
-0.99%
+2.17%
-4.82%
$ 4.06B
$ 159.87K
6
Bitway
Bitway
BTW
$ 0.662215
-1.80%
-3.70%
+58.37%
$ 2.00B
$ 3.32M
7
AaveToken
AaveToken
AAVE
$ 127.37
-0.55%
+0.57%
-1.73%
$ 1.96B
$ 1.28K
8
Aster
Aster
ASTER
$ 0.691
-0.56%
-0.85%
-8.77%
$ 1.87B
$ 1.37M
9
Ondo
Ondo
ONDO
$ 0.35168
-0.84%
-0.42%
-6.34%
$ 1.71B
$ 1.30M
10
Sky Protocol
Sky Protocol
SKY
$ 0.06297
+0.05%
+0.27%
-6.93%
$ 1.48B
$ 1.02M
11
Ethena
Ethena
ENA
$ 0.14249
-1.08%
+0.59%
-12.50%
$ 1.43B
$ 170.14M
12
MORPHO
MORPHO
MORPHO
$ 2.1776
-0.31%
-1.55%
-7.77%
$ 1.12B
$ 59.48K
13
Lighter
Lighter
LIT
$ 4.385
-1.09%
-6.26%
-15.25%
$ 1.08B
$ 3.82M
14
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 114.77
-0.59%
+0.00%
-2.57%
$ 1.05B
$ 2.50M
15
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.09603
-0.85%
-0.67%
+0.16%
$ 1.03B
$ 1.66M
16
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
0.00%
0.00%
$ 948.41M
$ 1.94M
17
JUST
JUST
JST
$ 0.11503
+0.15%
+0.96%
+10.50%
$ 942.85M
$ 574.93K
18
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 4.42
-0.45%
0.00%
-1.34%
$ 857.34M
$ 6.24M
19
Jupiter
Jupiter
JUP
$ 0.2362
-2.37%
-1.22%
-2.94%
$ 779.39M
$ 1.72M
20
PancakeSwap
PancakeSwap
CAKE
$ 2.335
-0.13%
+0.17%
+2.11%
$ 741.71M
$ 995.24K
21
Injective
Injective
INJ
$ 6.108
-0.93%
-1.41%
-3.36%
$ 608.82M
$ 482.46K
22
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.621
-1.37%
-6.55%
+2.64%
$ 596.10M
$ 7.34M
23
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.5578
-0.66%
-2.46%
-9.56%
$ 553.72M
$ 2.96M
24
Curve
Curve
CRV
$ 0.3544
+0.09%
-1.64%
-4.48%
$ 540.89M
$ 1.67M
25
Staked USDai
Staked USDai
SUSDAI
$ 1.11
0.00%
0.00%
0.00%
$ 495.28M
$ 2.01M
26
Pyth Network
Pyth Network
PYTH
$ 0.05543
-0.87%
-2.11%
+4.19%
$ 442.10M
$ 6.28M
27
Pendle
Pendle
PENDLE
$ 2.317
-3.51%
+4.52%
+10.14%
$ 405.08M
$ 710.40K
28
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,679.48
-0.48%
-0.00%
-0.38%
$ 398.96M
$ 51.87
29
Falcon Finance
Falcon Finance
FF
$ 0.13454
+0.03%
-11.51%
-14.52%
$ 397.52M
$ 905.50K
30
Raydium
Raydium
RAY
$ 1.3574
-2.32%
-7.06%
+8.28%
$ 358.91M
$ 126.37K
31
tBTC
tBTC
TBTC
$ 77,783
-0.15%
0.00%
-1.68%
$ 331.96M
$ 4.37M
32
SEI
SEI
SEI
$ 0.04417
-0.47%
-1.63%
-12.31%
$ 329.06M
$ 2.57M
33
SUN
SUN
SUN
$ 0.016991
-0.11%
+0.20%
+0.02%
$ 326.16M
$ 4.67M
34
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.13
0.00%
0.00%
0.00%
$ 325.01M
$ 2.50K
35
TIA
TIA
TIA
$ 0.351
-0.90%
-2.12%
-14.72%
$ 322.44M
$ 1.38M
36
Staked Aave
Staked Aave
STKAAVE
$ 126.76
-0.60%
+0.01%
-1.91%
$ 315.27M
$ 17.18K
37
Gnosis
Gnosis
GNO
$ 115.6
+0.22%
-0.67%
-1.78%
$ 305.89M
$ 546.59
38
Lido DAO
Lido DAO
LDO
$ 0.3601
-1.04%
-2.00%
-7.06%
$ 302.13M
$ 450.28K
39
Olympus
Olympus
OHM
$ 20.19
+0.15%
-0.00%
-1.08%
$ 301.19M
$ 192.06K
40
Terra Classic
Terra Classic
LUNC
$ 0.00005018
-0.58%
-1.50%
-6.53%
$ 275.90M
$ 1.73B
41
Maple Finance
Maple Finance
SYRUP
$ 0.21071
-1.12%
-1.45%
-5.30%
$ 252.30M
$ 351.64K
42
JITO
JITO
JTO
$ 0.4508
-0.68%
+2.27%
-0.31%
$ 234.47M
$ 198.60K
43
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 142.23
-0.73%
+0.00%
-2.69%
$ 232.73M
$ 1.58M
44
Plasma
Plasma
XPL
$ 0.08272
-0.90%
+2.75%
-16.43%
$ 229.61M
$ 6.59M
45
BUILDon
BUILDon
B
$ 0.22614
+0.29%
+3.94%
+17.42%
$ 226.38M
$ 482.43K
46
crvUSD
crvUSD
CRVUSD
$ 0.999574
-0.04%
0.00%
0.00%
$ 205.02M
$ 19.83M
47
MIOTAC
MIOTAC
IOTA
$ 0.04293
+0.19%
+2.86%
+0.42%
$ 198.60M
$ 1.75M
48
Convex Finance
Convex Finance
CVX
$ 2.003
-0.45%
-4.83%
-10.81%
$ 198.23M
$ 42.03K
49
Lido Earn ETH
Lido Earn ETH
EARNETH
$ 2,540.05
-0.54%
-0.00%
-0.53%
$ 196.90M
--
50
Compound
Compound
COMP
$ 19.44
-0.62%
-1.67%
-5.64%
$ 193.90M
$ 2.85K

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.