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
$ 2,460.87
+0.20%
-1.22%
+0.04%
$ 23.67B
$ 23.31
2
Hyperliquid
Hyperliquid
HYPE
$ 79.42
+0.29%
-5.85%
-6.10%
$ 19.89B
$ 27.34K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 3,051.52
+0.42%
-0.00%
+0.16%
$ 11.38B
$ 2.86M
4
Chainlink
Chainlink
LINK
$ 11.54
0.00%
-2.90%
-1.03%
$ 7.56B
$ 58.85K
5
UNISWAP
UNISWAP
UNI
$ 6.134
+1.57%
-0.28%
-3.40%
$ 3.78B
$ 137.13K
6
Aster
Aster
ASTER
$ 0.7096
+0.18%
-3.05%
-3.22%
$ 1.91B
$ 2.24M
7
AaveToken
AaveToken
AAVE
$ 122.91
+0.41%
-2.32%
-5.55%
$ 1.89B
$ 1.15K
8
Ondo
Ondo
ONDO
$ 0.35016
+0.20%
-3.03%
-6.07%
$ 1.70B
$ 1.14M
9
Ethena
Ethena
ENA
$ 0.14667
+0.45%
-3.44%
-10.54%
$ 1.48B
$ 168.10M
10
Bitway
Bitway
BTW
$ 0.499963
+0.51%
+9.98%
+12.20%
$ 1.41B
$ 847.02K
11
Sky Protocol
Sky Protocol
SKY
$ 0.05987
+0.08%
-1.61%
-11.00%
$ 1.40B
$ 1.34M
12
MORPHO
MORPHO
MORPHO
$ 2.3209
+0.39%
-0.48%
-7.43%
$ 1.20B
$ 48.15K
13
Lighter
Lighter
LIT
$ 4.466
+1.52%
-4.09%
-7.05%
$ 1.11B
$ 2.66M
14
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 112.46
+0.20%
-0.02%
-2.23%
$ 1.03B
$ 858.52K
15
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.09346
+0.29%
-4.29%
-0.94%
$ 996.30M
$ 1.78M
16
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
0.00%
0.00%
$ 952.19M
$ 6.93M
17
JUST
JUST
JST
$ 0.10372
-0.09%
-1.85%
-3.90%
$ 849.09M
$ 534.81K
18
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 4.37
+0.23%
-0.01%
-1.35%
$ 844.75M
$ 5.69M
19
Jupiter
Jupiter
JUP
$ 0.2384
+1.00%
-0.26%
+7.66%
$ 774.63M
$ 2.04M
20
PancakeSwap
PancakeSwap
CAKE
$ 2.152
+0.37%
-2.24%
+7.91%
$ 686.16M
$ 703.82K
21
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.6809
+1.34%
+7.72%
+21.65%
$ 650.94M
$ 25.56M
22
Injective
Injective
INJ
$ 6.026
+0.02%
-2.07%
+25.93%
$ 599.53M
$ 436.92K
23
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.5522
+0.81%
-2.44%
+4.33%
$ 542.87M
$ 4.10M
24
Curve
Curve
CRV
$ 0.3478
+1.08%
+1.88%
-2.50%
$ 539.93M
$ 1.99M
25
Falcon Finance
Falcon Finance
FF
$ 0.16834
+0.98%
+12.01%
+55.96%
$ 529.00M
$ 1.53M
26
Staked USDai
Staked USDai
SUSDAI
$ 1.11
0.00%
0.00%
0.00%
$ 465.89M
$ 1.07M
27
Raydium
Raydium
RAY
$ 1.7259
+4.31%
+21.99%
+101.84%
$ 449.01M
$ 589.06K
28
Pyth Network
Pyth Network
PYTH
$ 0.05167
-0.12%
-2.78%
-4.43%
$ 402.17M
$ 7.97M
29
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,622.02
+0.32%
-0.01%
-0.29%
$ 389.97M
$ 1.32M
30
Pendle
Pendle
PENDLE
$ 2.019
-0.15%
-1.91%
+3.78%
$ 346.77M
$ 362.07K
31
TIA
TIA
TIA
$ 0.3742
+0.11%
-2.82%
+2.36%
$ 342.95M
$ 1.24M
32
SEI
SEI
SEI
$ 0.04481
+0.18%
-5.24%
-4.65%
$ 333.24M
$ 6.48M
33
tBTC
tBTC
TBTC
$ 76,986
+0.28%
-0.01%
-3.23%
$ 331.69M
$ 8.12M
34
SUN
SUN
SUN
$ 0.016927
+0.18%
+0.38%
+2.49%
$ 325.55M
$ 5.83M
35
Lido DAO
Lido DAO
LDO
$ 0.3759
+0.48%
-0.69%
-3.21%
$ 311.56M
$ 603.76K
36
Olympus
Olympus
OHM
$ 20.29
0.00%
0.00%
+0.35%
$ 302.77M
$ 206.97K
37
Staked Aave
Staked Aave
STKAAVE
$ 121.81
+0.65%
-0.02%
-5.68%
$ 302.69M
$ 1.52K
38
Gnosis
Gnosis
GNO
$ 114.86
+0.02%
-1.24%
-2.53%
$ 302.38M
$ 509.02
39
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.13
0.00%
0.00%
0.00%
$ 296.82M
$ 23.68K
40
Terra Classic
Terra Classic
LUNC
$ 0.00005042
+0.18%
-1.67%
-3.05%
$ 277.05M
$ 1.62B
41
Maple Finance
Maple Finance
SYRUP
$ 0.21688
+0.26%
+2.40%
-0.88%
$ 257.90M
$ 462.22K
42
Plasma
Plasma
XPL
$ 0.086
+0.70%
-3.23%
-8.28%
$ 237.33M
$ 5.59M
43
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 139.64
+0.32%
-0.02%
-2.13%
$ 228.96M
$ 2.40M
44
JITO
JITO
JTO
$ 0.4211
+0.36%
+0.17%
+3.28%
$ 216.24M
$ 185.85K
45
Convex Finance
Convex Finance
CVX
$ 2.094
+0.77%
-1.97%
-5.31%
$ 207.89M
$ 31.54K
46
crvUSD
crvUSD
CRVUSD
$ 0.999591
-0.03%
0.00%
-0.04%
$ 206.31M
$ 10.94M
47
Compound
Compound
COMP
$ 20.2
+0.45%
-0.25%
+1.77%
$ 200.80M
$ 3.48K
48
BUILDon
BUILDon
B
$ 0.194
-0.43%
+1.30%
+41.40%
$ 193.20M
$ 455.69K
49
Lido Earn ETH
Lido Earn ETH
EARNETH
$ 2,490.63
+0.24%
-0.01%
-0.02%
$ 192.87M
--
50
MIOTAC
MIOTAC
IOTA
$ 0.04022
+0.55%
-2.91%
+2.32%
$ 185.55M
$ 1.46M

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.