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
$ 2,495.47
-0.09%
+0.28%
+3.83%
$ 22.41B
$ 21.58
2
Hyperliquid
Hyperliquid
HYPE
$ 85.78
+0.15%
+1.75%
+4.29%
$ 21.67B
$ 29.14K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 3,101.85
-0.08%
-0.00%
+3.91%
$ 11.56B
$ 2.56M
4
Chainlink
Chainlink
LINK
$ 12.476
-0.20%
-1.17%
+11.62%
$ 8.20B
$ 67.55K
5
UNISWAP
UNISWAP
UNI
$ 6.79
+0.44%
-3.13%
+18.88%
$ 4.23B
$ 252.60K
6
Aster
Aster
ASTER
$ 0.7535
-0.22%
-1.23%
+5.79%
$ 2.04B
$ 3.41M
7
AaveToken
AaveToken
AAVE
$ 129.07
-0.03%
-1.71%
+1.77%
$ 1.99B
$ 1.36K
8
Ondo
Ondo
ONDO
$ 0.37286
-0.16%
-1.69%
+6.63%
$ 1.82B
$ 2.18M
9
Sky Protocol
Sky Protocol
SKY
$ 0.06742
-0.43%
-2.71%
-1.41%
$ 1.56B
$ 852.14K
10
Ethena
Ethena
ENA
$ 0.16005
-0.58%
-2.97%
+5.90%
$ 1.49B
$ 154.23M
11
Lighter
Lighter
LIT
$ 4.8995
+1.10%
+7.30%
+27.47%
$ 1.23B
$ 3.77M
12
MORPHO
MORPHO
MORPHO
$ 2.3384
+0.23%
-4.80%
-7.43%
$ 1.17B
$ 58.18K
13
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 116.85
-0.31%
-0.00%
+2.88%
$ 1.07B
$ 2.86M
14
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.09533
+0.04%
-0.42%
+2.02%
$ 1.01B
$ 2.19M
15
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
0.00%
0.00%
$ 973.63M
$ 763.78K
16
Bitway
Bitway
BTW
$ 0.434683
+0.06%
-2.28%
-9.10%
$ 956.66M
$ 381.99K
17
JUST
JUST
JST
$ 0.10533
+0.52%
-0.86%
-2.45%
$ 899.57M
$ 590.33K
18
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 4.46
-0.22%
-0.00%
+2.06%
$ 863.01M
$ 5.54M
19
PancakeSwap
PancakeSwap
CAKE
$ 2.287
-0.57%
+1.69%
+24.48%
$ 803.30M
$ 1.89M
20
Jupiter
Jupiter
JUP
$ 0.242
-0.54%
-3.48%
+11.66%
$ 801.19M
$ 3.22M
21
Injective
Injective
INJ
$ 6.406
-1.29%
-0.44%
+34.19%
$ 640.31M
$ 1.03M
22
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.6179
-0.34%
-7.16%
+29.76%
$ 587.77M
$ 12.30M
23
Curve
Curve
CRV
$ 0.3634
+0.05%
-0.33%
+1.06%
$ 551.93M
$ 1.72M
24
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.6011
-0.48%
+2.41%
+5.12%
$ 528.31M
$ 6.67M
25
Staked USDai
Staked USDai
SUSDAI
$ 1.11
0.00%
0.00%
0.00%
$ 463.35M
$ 1.55M
26
Falcon Finance
Falcon Finance
FF
$ 0.14785
-0.19%
+23.24%
+35.75%
$ 423.11M
$ 2.46M
27
Pyth Network
Pyth Network
PYTH
$ 0.05373
-0.35%
-0.17%
-9.35%
$ 423.04M
$ 7.70M
28
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,675.56
-0.10%
-0.00%
+3.98%
$ 375.08M
$ 33.50K
29
TIA
TIA
TIA
$ 0.4073
-0.07%
-5.30%
+14.49%
$ 374.96M
$ 2.04M
30
SEI
SEI
SEI
$ 0.04978
+0.50%
+1.07%
+1.26%
$ 359.88M
$ 5.07M
31
Pendle
Pendle
PENDLE
$ 2.103
-0.90%
-4.54%
+14.36%
$ 359.35M
$ 542.44K
32
tBTC
tBTC
TBTC
$ 78,735
-0.10%
-0.00%
+1.40%
$ 341.33M
$ 3.47M
33
Lido DAO
Lido DAO
LDO
$ 0.3876
-0.05%
-1.25%
+5.58%
$ 326.77M
$ 726.23K
34
SUN
SUN
SUN
$ 0.016946
+0.24%
+1.39%
+4.51%
$ 325.93M
$ 6.54M
35
Raydium
Raydium
RAY
$ 1.2017
-0.35%
-3.91%
+49.64%
$ 320.99M
$ 316.52K
36
Staked Aave
Staked Aave
STKAAVE
$ 128.19
-0.16%
-0.02%
+1.54%
$ 318.58M
$ 7.03K
37
Gnosis
Gnosis
GNO
$ 117.33
+0.07%
+0.76%
+2.19%
$ 309.67M
$ 504.81
38
Olympus
Olympus
OHM
$ 20.41
0.00%
-0.00%
+1.29%
$ 304.56M
$ 197.66K
39
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.13
0.00%
0.00%
0.00%
$ 293.69M
$ 19.61K
40
Terra Classic
Terra Classic
LUNC
$ 0.00005319
-0.02%
-0.73%
+3.62%
$ 293.61M
$ 2.11B
41
Maple Finance
Maple Finance
SYRUP
$ 0.22473
-0.32%
-2.17%
+12.08%
$ 268.49M
$ 451.63K
42
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 145.1
-0.23%
-0.00%
+3.09%
$ 238.03M
$ 882.81K
43
crvUSD
crvUSD
CRVUSD
$ 0.999945
+0.01%
0.00%
+0.06%
$ 222.36M
$ 20.57M
44
JITO
JITO
JTO
$ 0.4508
+0.54%
+1.67%
+7.29%
$ 217.54M
$ 242.98K
45
Convex Finance
Convex Finance
CVX
$ 2.208
0.00%
-1.60%
-1.16%
$ 217.24M
$ 41.71K
46
Compound
Compound
COMP
$ 20.61
-0.15%
-2.09%
+6.07%
$ 206.30M
$ 2.67K
47
Ethena Staked ENA
Ethena Staked ENA
SENA
$ 0.162321
0.00%
-0.03%
+5.14%
$ 203.46M
$ 111.07K
48
Lido Earn ETH
Lido Earn ETH
EARNETH
$ 2,534.24
-0.16%
-0.00%
+3.99%
$ 195.08M
--
49
BUILDon
BUILDon
B
$ 0.19232
+0.71%
+3.15%
+50.56%
$ 192.51M
$ 515.23K
50
MIOTAC
MIOTAC
IOTA
$ 0.04235
+0.02%
-0.21%
+6.78%
$ 190.15M
$ 1.64M

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.