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
$ 2,514.24
+0.37%
+1.19%
+4.29%
$ 22.57B
$ 22.07
2
Hyperliquid
Hyperliquid
HYPE
$ 86.72
+0.14%
+2.87%
+5.73%
$ 21.99B
$ 25.75K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 3,121.98
+0.47%
+0.01%
+4.40%
$ 11.64B
$ 2.94M
4
Chainlink
Chainlink
LINK
$ 12.577
-0.16%
-0.94%
+11.93%
$ 8.26B
$ 93.21K
5
UNISWAP
UNISWAP
UNI
$ 6.794
-1.20%
-3.02%
+19.02%
$ 4.26B
$ 213.96K
6
Aster
Aster
ASTER
$ 0.7619
+0.39%
-0.87%
+5.74%
$ 2.06B
$ 2.88M
7
AaveToken
AaveToken
AAVE
$ 130
+0.07%
-0.81%
+0.39%
$ 2.00B
$ 1.34K
8
Ondo
Ondo
ONDO
$ 0.37943
+0.21%
+0.52%
+7.81%
$ 1.85B
$ 2.26M
9
Ethena
Ethena
ENA
$ 0.16772
+0.30%
+2.40%
+9.41%
$ 1.55B
$ 150.04M
10
Sky Protocol
Sky Protocol
SKY
$ 0.0664
-0.76%
-1.79%
-1.53%
$ 1.54B
$ 833.26K
11
Lighter
Lighter
LIT
$ 5.279
+0.57%
+10.73%
+34.09%
$ 1.32B
$ 2.96M
12
MORPHO
MORPHO
MORPHO
$ 2.3785
+0.72%
-0.91%
-6.16%
$ 1.19B
$ 49.67K
13
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 118.31
+0.27%
+0.02%
+4.00%
$ 1.09B
$ 2.61M
14
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.09833
+1.09%
+2.19%
+4.38%
$ 1.05B
$ 2.26M
15
Bitway
Bitway
BTW
$ 0.449032
-0.33%
+0.12%
-0.22%
$ 988.50M
$ 382.78K
16
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
0.00%
0.00%
$ 973.71M
$ 1.00M
17
JUST
JUST
JST
$ 0.10358
-0.03%
-1.13%
-4.00%
$ 885.13M
$ 590.30K
18
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 4.49
0.00%
+0.01%
+2.75%
$ 868.69M
$ 5.48M
19
Jupiter
Jupiter
JUP
$ 0.2509
-0.71%
+3.36%
+13.01%
$ 836.39M
$ 3.72M
20
PancakeSwap
PancakeSwap
CAKE
$ 2.302
+0.09%
-3.64%
+18.80%
$ 811.40M
$ 1.60M
21
Injective
Injective
INJ
$ 6.274
+0.59%
-0.17%
+28.77%
$ 628.62M
$ 804.32K
22
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.6184
-0.45%
-1.01%
+28.11%
$ 589.96M
$ 8.38M
23
Curve
Curve
CRV
$ 0.363
-0.36%
-0.08%
+0.64%
$ 551.78M
$ 1.50M
24
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.6194
-1.11%
+5.85%
+10.42%
$ 546.81M
$ 7.48M
25
Staked USDai
Staked USDai
SUSDAI
$ 1.11
0.00%
0.00%
0.00%
$ 463.40M
$ 1.55M
26
Pyth Network
Pyth Network
PYTH
$ 0.05468
-0.58%
+1.92%
-4.66%
$ 431.39M
$ 7.84M
27
Falcon Finance
Falcon Finance
FF
$ 0.1477
+0.96%
+22.99%
+57.06%
$ 423.60M
$ 2.84M
28
Raydium
Raydium
RAY
$ 1.3342
-3.32%
+30.18%
+73.79%
$ 381.86M
$ 360.57K
29
TIA
TIA
TIA
$ 0.4102
-0.10%
-3.02%
+13.56%
$ 378.18M
$ 1.95M
30
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,691.22
+0.41%
+0.01%
+4.58%
$ 377.29M
$ 21.65K
31
SEI
SEI
SEI
$ 0.05089
+0.12%
+5.17%
+6.04%
$ 368.61M
$ 5.33M
32
Pendle
Pendle
PENDLE
$ 2.125
+0.24%
-4.10%
+14.98%
$ 363.28M
$ 401.60K
33
tBTC
tBTC
TBTC
$ 79,188
+0.16%
+0.01%
+1.80%
$ 343.37M
$ 3.53M
34
Lido DAO
Lido DAO
LDO
$ 0.3931
+0.33%
+0.72%
+5.08%
$ 331.49M
$ 786.29K
35
SUN
SUN
SUN
$ 0.016969
+0.25%
+0.62%
+4.66%
$ 326.66M
$ 6.60M
36
Staked Aave
Staked Aave
STKAAVE
$ 129.4
+0.20%
-0.01%
+0.02%
$ 321.62M
$ 10.36K
37
Gnosis
Gnosis
GNO
$ 117.84
-0.31%
+0.61%
+2.03%
$ 310.93M
$ 499.44
38
Olympus
Olympus
OHM
$ 20.41
+0.10%
-0.00%
+1.54%
$ 304.61M
$ 193.11K
39
Terra Classic
Terra Classic
LUNC
$ 0.00005361
+0.24%
+0.21%
+4.39%
$ 296.26M
$ 2.07B
40
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.13
0.00%
0.00%
0.00%
$ 293.67M
$ 2.37K
41
Maple Finance
Maple Finance
SYRUP
$ 0.22523
+0.32%
-1.37%
+10.51%
$ 267.52M
$ 447.15K
42
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 147.08
+0.25%
+0.02%
+4.35%
$ 240.97M
$ 1.32M
43
JITO
JITO
JTO
$ 0.4626
+0.74%
+6.35%
+9.37%
$ 225.13M
$ 233.95K
44
crvUSD
crvUSD
CRVUSD
$ 0.99966
+0.02%
0.00%
+0.05%
$ 222.29M
$ 14.47M
45
Convex Finance
Convex Finance
CVX
$ 2.214
-0.36%
-1.29%
-0.94%
$ 217.53M
$ 36.94K
46
Ethena Staked ENA
Ethena Staked ENA
SENA
$ 0.168998
+0.79%
+0.02%
+9.46%
$ 211.84M
$ 114.80K
47
Compound
Compound
COMP
$ 20.62
+0.34%
-3.05%
-1.24%
$ 206.50M
$ 2.60K
48
BUILDon
BUILDon
B
$ 0.19933
+1.31%
+10.33%
+57.95%
$ 199.59M
$ 431.92K
49
Lido Earn ETH
Lido Earn ETH
EARNETH
$ 2,555.45
+0.62%
+0.02%
+4.72%
$ 196.92M
--
50
MIOTAC
MIOTAC
IOTA
$ 0.04269
+0.28%
+0.02%
+5.43%
$ 191.05M
$ 1.58M

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.