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
$ 2,567.83
+0.52%
+4.66%
+4.05%
$ 24.90B
$ 22.97
2
Hyperliquid
Hyperliquid
HYPE
$ 81.62
+0.79%
+2.40%
-4.23%
$ 20.64B
$ 34.66K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 3,201.93
+0.35%
+0.05%
+4.00%
$ 11.94B
$ 49.90M
4
Chainlink
Chainlink
LINK
$ 11.729
+0.28%
+1.04%
-2.24%
$ 7.73B
$ 117.91K
5
UNISWAP
UNISWAP
UNI
$ 6.084
+0.13%
+1.51%
-12.74%
$ 3.82B
$ 185.40K
6
AaveToken
AaveToken
AAVE
$ 125.43
+0.42%
+2.74%
-6.17%
$ 1.95B
$ 1.31K
7
Aster
Aster
ASTER
$ 0.6939
+0.45%
-1.12%
-12.24%
$ 1.88B
$ 3.92M
8
Ondo
Ondo
ONDO
$ 0.35677
+0.50%
+3.16%
-2.85%
$ 1.75B
$ 1.11M
9
Ethena
Ethena
ENA
$ 0.14616
+0.77%
+0.42%
-11.05%
$ 1.48B
$ 278.07M
10
Sky Protocol
Sky Protocol
SKY
$ 0.06271
+4.56%
+4.67%
-8.17%
$ 1.47B
$ 1.42M
11
Bitway
Bitway
BTW
$ 0.495563
+0.20%
+3.54%
+10.01%
$ 1.40B
$ 1.11M
12
MORPHO
MORPHO
MORPHO
$ 2.3777
-0.61%
+3.97%
-4.27%
$ 1.23B
$ 46.31K
13
Lighter
Lighter
LIT
$ 4.5984
+0.63%
+3.91%
-2.10%
$ 1.16B
$ 2.54M
14
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 115.5
+0.02%
+0.02%
-1.47%
$ 1.06B
$ 2.73M
15
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.09627
-0.06%
+3.41%
+1.79%
$ 1.04B
$ 1.98M
16
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
0.00%
0.00%
$ 950.78M
$ 3.38M
17
JUST
JUST
JST
$ 0.10548
+1.12%
+1.22%
-4.15%
$ 859.41M
$ 555.36K
18
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 4.44
-0.22%
+0.02%
-0.67%
$ 859.39M
$ 7.54M
19
Jupiter
Jupiter
JUP
$ 0.2436
-1.13%
+8.90%
+10.53%
$ 812.15M
$ 3.41M
20
PancakeSwap
PancakeSwap
CAKE
$ 2.19
+0.36%
+4.22%
-3.08%
$ 704.41M
$ 640.35K
21
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.7063
+3.06%
+2.06%
+24.46%
$ 683.18M
$ 21.17M
22
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.6034
+2.43%
+11.32%
+15.66%
$ 607.75M
$ 7.47M
23
Injective
Injective
INJ
$ 5.86
+0.02%
-2.10%
+18.60%
$ 582.73M
$ 498.26K
24
Curve
Curve
CRV
$ 0.3439
+0.32%
+0.52%
-7.03%
$ 536.35M
$ 1.79M
25
Falcon Finance
Falcon Finance
FF
$ 0.158
+0.74%
-5.10%
+30.44%
$ 496.59M
$ 1.11M
26
Staked USDai
Staked USDai
SUSDAI
$ 1.11
0.00%
0.00%
0.00%
$ 469.74M
$ 279.54K
27
Raydium
Raydium
RAY
$ 1.6001
-1.08%
+23.47%
+86.33%
$ 432.34M
$ 728.31K
28
Pyth Network
Pyth Network
PYTH
$ 0.05221
-0.21%
+2.14%
-4.82%
$ 413.20M
$ 7.64M
29
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,758.93
+0.06%
+0.05%
+3.91%
$ 409.74M
$ 715.71K
30
Pendle
Pendle
PENDLE
$ 2.056
0.00%
+1.77%
+5.07%
$ 358.19M
$ 394.88K
31
TIA
TIA
TIA
$ 0.3664
-0.16%
-2.26%
-1.39%
$ 338.81M
$ 1.82M
32
SEI
SEI
SEI
$ 0.04473
-0.16%
+0.25%
-6.37%
$ 334.28M
$ 3.45M
33
tBTC
tBTC
TBTC
$ 77,822
-0.16%
+0.01%
-2.66%
$ 330.71M
$ 14.96M
34
SUN
SUN
SUN
$ 0.01666
-0.10%
-1.32%
-0.87%
$ 320.40M
$ 7.06M
35
Lido DAO
Lido DAO
LDO
$ 0.38
+1.19%
+3.02%
-1.70%
$ 318.65M
$ 666.84K
36
Staked Aave
Staked Aave
STKAAVE
$ 126.03
+0.37%
+0.03%
-5.93%
$ 313.30M
$ 12.94K
37
Gnosis
Gnosis
GNO
$ 117.7
+0.37%
+2.65%
-0.05%
$ 311.46M
$ 506.57
38
Olympus
Olympus
OHM
$ 20.46
-0.05%
+0.01%
+0.94%
$ 305.33M
$ 466.55K
39
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.13
0.00%
0.00%
0.00%
$ 297.89M
$ 23.86K
40
Terra Classic
Terra Classic
LUNC
$ 0.00005114
+0.37%
+2.81%
-2.49%
$ 283.01M
$ 1.61B
41
Maple Finance
Maple Finance
SYRUP
$ 0.22469
-0.02%
+3.07%
+5.87%
$ 267.17M
$ 354.62K
42
Plasma
Plasma
XPL
$ 0.08471
+0.50%
-0.07%
-8.09%
$ 236.72M
$ 7.00M
43
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 143.25
-0.15%
+0.02%
-1.66%
$ 234.99M
$ 2.67M
44
JITO
JITO
JTO
$ 0.4284
-0.51%
+5.00%
+2.89%
$ 223.88M
$ 206.28K
45
crvUSD
crvUSD
CRVUSD
$ 0.999912
-0.01%
0.00%
-0.01%
$ 214.72M
$ 36.63M
46
Convex Finance
Convex Finance
CVX
$ 2.106
+0.33%
+1.29%
-6.78%
$ 211.18M
$ 31.81K
47
Compound
Compound
COMP
$ 20.34
+0.69%
+0.44%
+1.50%
$ 203.60M
$ 6.86K
48
Lido Earn ETH
Lido Earn ETH
EARNETH
$ 2,613.05
-0.33%
+0.05%
+3.78%
$ 202.53M
--
49
BUILDon
BUILDon
B
$ 0.19202
+0.29%
+0.84%
+8.21%
$ 192.35M
$ 420.20K
50
Ethena Staked ENA
Ethena Staked ENA
SENA
$ 0.149892
-0.91%
+0.01%
-10.26%
$ 188.17M
$ 39.93K

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.