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
$ 2,467.32
-0.39%
-0.77%
+0.05%
$ 22.07B
$ 23.61
2
Hyperliquid
Hyperliquid
HYPE
$ 80.97
-1.05%
-6.53%
-6.01%
$ 20.22B
$ 25.89K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 3,053.96
-0.54%
-0.01%
+0.06%
$ 11.39B
$ 3.39M
4
Chainlink
Chainlink
LINK
$ 11.677
-0.84%
-2.70%
-0.84%
$ 7.62B
$ 78.55K
5
UNISWAP
UNISWAP
UNI
$ 6.082
-0.73%
-8.45%
-2.36%
$ 3.74B
$ 198.08K
6
Aster
Aster
ASTER
$ 0.7052
-0.65%
-5.82%
-5.20%
$ 1.89B
$ 2.97M
7
AaveToken
AaveToken
AAVE
$ 122.98
-0.61%
-3.95%
-6.21%
$ 1.88B
$ 1.64K
8
Ondo
Ondo
ONDO
$ 0.34952
-0.78%
-5.47%
-3.38%
$ 1.69B
$ 1.54M
9
Sky Protocol
Sky Protocol
SKY
$ 0.06039
-1.58%
-6.51%
-12.24%
$ 1.38B
$ 1.43M
10
Ethena
Ethena
ENA
$ 0.14692
-0.81%
-5.41%
-10.88%
$ 1.36B
$ 189.71M
11
MORPHO
MORPHO
MORPHO
$ 2.3028
-1.66%
-2.49%
-10.05%
$ 1.15B
$ 55.91K
12
Lighter
Lighter
LIT
$ 4.509
-3.98%
-9.00%
-8.08%
$ 1.10B
$ 2.65M
13
Bitway
Bitway
BTW
$ 0.486973
+1.18%
+7.40%
+7.47%
$ 1.06B
$ 916.23K
14
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 112.09
-0.82%
-0.04%
-2.47%
$ 1.03B
$ 1.33M
15
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.09366
+0.25%
-2.63%
+0.55%
$ 998.97M
$ 2.49M
16
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
0.00%
0.00%
$ 952.96M
$ 5.05M
17
JUST
JUST
JST
$ 0.10381
-0.18%
+0.54%
-4.53%
$ 885.99M
$ 546.67K
18
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 4.37
-0.46%
-0.02%
-1.35%
$ 844.25M
$ 6.87M
19
Jupiter
Jupiter
JUP
$ 0.2264
-0.76%
-9.24%
+2.25%
$ 740.10M
$ 2.90M
20
PancakeSwap
PancakeSwap
CAKE
$ 2.121
-0.28%
-7.96%
+6.00%
$ 739.97M
$ 1.03M
21
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.7008
-1.98%
+16.00%
+21.91%
$ 613.56M
$ 21.26M
22
Injective
Injective
INJ
$ 6.03
-0.03%
-3.64%
+23.88%
$ 593.23M
$ 439.45K
23
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.5532
-0.97%
-1.15%
+10.15%
$ 524.13M
$ 5.13M
24
Curve
Curve
CRV
$ 0.3438
-0.41%
-3.98%
-3.22%
$ 519.17M
$ 2.41M
25
Falcon Finance
Falcon Finance
FF
$ 0.16695
+0.68%
+10.45%
+55.34%
$ 478.37M
$ 1.35M
26
Staked USDai
Staked USDai
SUSDAI
$ 1.11
0.00%
0.00%
0.00%
$ 464.39M
$ 1.61M
27
Pyth Network
Pyth Network
PYTH
$ 0.05172
-0.54%
-4.70%
-6.46%
$ 403.99M
$ 16.72M
28
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,624.91
-0.53%
-0.01%
-0.28%
$ 390.40M
$ 1.34M
29
Pendle
Pendle
PENDLE
$ 2.036
-0.05%
-1.07%
+5.51%
$ 346.70M
$ 395.78K
30
Raydium
Raydium
RAY
$ 1.3134
-1.70%
-2.32%
+57.74%
$ 346.20M
$ 369.08K
31
TIA
TIA
TIA
$ 0.3801
+0.35%
-4.08%
+6.46%
$ 345.80M
$ 1.49M
32
tBTC
tBTC
TBTC
$ 76,994
-0.48%
-0.02%
-3.34%
$ 332.10M
$ 5.59M
33
SUN
SUN
SUN
$ 0.016891
-0.04%
+0.27%
+2.71%
$ 324.82M
$ 7.01M
34
SEI
SEI
SEI
$ 0.04484
-0.29%
-8.19%
-5.04%
$ 322.20M
$ 7.21M
35
Lido DAO
Lido DAO
LDO
$ 0.374
-0.35%
-2.92%
-3.53%
$ 310.58M
$ 659.87K
36
Staked Aave
Staked Aave
STKAAVE
$ 122.03
-0.57%
-0.04%
-6.04%
$ 303.09M
$ 2.90K
37
Gnosis
Gnosis
GNO
$ 115.41
-0.30%
-2.09%
-1.57%
$ 302.51M
$ 504.25
38
Olympus
Olympus
OHM
$ 20.2
-0.10%
-0.00%
0.00%
$ 301.43M
$ 154.89K
39
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.13
0.00%
0.00%
0.00%
$ 294.52M
$ 22.47K
40
Terra Classic
Terra Classic
LUNC
$ 0.00005014
-1.02%
-4.41%
-2.99%
$ 274.08M
$ 1.91B
41
Maple Finance
Maple Finance
SYRUP
$ 0.21866
+2.72%
-4.19%
-3.51%
$ 260.08M
$ 682.18K
42
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 139.47
-0.66%
-0.04%
-2.27%
$ 228.78M
$ 890.07K
43
crvUSD
crvUSD
CRVUSD
$ 0.999407
-0.01%
0.00%
-0.03%
$ 206.81M
$ 16.18M
44
Convex Finance
Convex Finance
CVX
$ 2.097
-0.05%
-5.86%
-6.29%
$ 203.31M
$ 34.59K
45
Compound
Compound
COMP
$ 20.54
+0.35%
+0.35%
+2.60%
$ 201.50M
$ 3.81K
46
JITO
JITO
JTO
$ 0.418
+0.37%
-6.75%
+0.37%
$ 199.13M
$ 321.65K
47
Lido Earn ETH
Lido Earn ETH
EARNETH
$ 2,496.13
-0.33%
-0.01%
+0.09%
$ 193.23M
--
48
BUILDon
BUILDon
B
$ 0.19197
-0.71%
-7.91%
+43.44%
$ 190.14M
$ 561.81K
49
Ethena Staked ENA
Ethena Staked ENA
SENA
$ 0.149137
0.00%
-0.06%
-9.95%
$ 187.41M
$ 58.18K
50
Zebec Network
Zebec Network
ZBCN
$ 0.0018432
-1.23%
+1.58%
-2.28%
$ 184.61M
$ 106.71M

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.