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
$ 2,467.72
+0.07%
-0.24%
+0.45%
$ 22.15B
$ 23.63
2
Hyperliquid
Hyperliquid
HYPE
$ 80.79
+0.41%
-5.65%
-5.32%
$ 20.37B
$ 25.63K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 3,064.68
-0.06%
-0.00%
+0.52%
$ 11.43B
$ 3.51M
4
Chainlink
Chainlink
LINK
$ 11.635
-0.07%
-1.48%
-0.59%
$ 7.65B
$ 75.39K
5
UNISWAP
UNISWAP
UNI
$ 6.09
+0.17%
-5.60%
-2.24%
$ 3.77B
$ 198.98K
6
Aster
Aster
ASTER
$ 0.7062
+0.07%
-5.28%
-5.16%
$ 1.90B
$ 2.93M
7
AaveToken
AaveToken
AAVE
$ 123.31
-0.06%
-2.83%
-5.93%
$ 1.89B
$ 1.57K
8
Ondo
Ondo
ONDO
$ 0.34916
+0.18%
-4.93%
-2.73%
$ 1.70B
$ 1.55M
9
Sky Protocol
Sky Protocol
SKY
$ 0.06055
+0.53%
-3.52%
-10.41%
$ 1.40B
$ 1.43M
10
Ethena
Ethena
ENA
$ 0.14467
-1.21%
-5.91%
-11.93%
$ 1.34B
$ 189.16M
11
MORPHO
MORPHO
MORPHO
$ 2.3018
+0.19%
-1.90%
-8.93%
$ 1.15B
$ 55.69K
12
Lighter
Lighter
LIT
$ 4.5195
+1.26%
-4.20%
-4.86%
$ 1.13B
$ 2.67M
13
Bitway
Bitway
BTW
$ 0.495328
+1.77%
+9.16%
+9.03%
$ 1.08B
$ 929.79K
14
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 112.67
-0.20%
-0.03%
-1.97%
$ 1.04B
$ 1.33M
15
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.0934
+0.10%
-2.70%
+0.29%
$ 998.11M
$ 2.46M
16
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
0.00%
0.00%
$ 953.15M
$ 4.51M
17
JUST
JUST
JST
$ 0.10352
0.00%
0.00%
-4.67%
$ 885.82M
$ 550.39K
18
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 4.38
+0.23%
-0.01%
-1.13%
$ 846.57M
$ 6.83M
19
Jupiter
Jupiter
JUP
$ 0.2279
+0.31%
-6.82%
+3.97%
$ 748.07M
$ 2.84M
20
PancakeSwap
PancakeSwap
CAKE
$ 2.122
+0.33%
-6.94%
+6.86%
$ 745.25M
$ 1.01M
21
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.7013
+1.08%
+15.53%
+24.67%
$ 617.26M
$ 21.97M
22
Injective
Injective
INJ
$ 6.012
+0.34%
-2.50%
+24.61%
$ 597.23M
$ 436.20K
23
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.5568
+0.53%
-0.59%
+10.82%
$ 528.61M
$ 5.09M
24
Curve
Curve
CRV
$ 0.3445
-0.23%
-4.54%
-3.49%
$ 519.32M
$ 2.38M
25
Falcon Finance
Falcon Finance
FF
$ 0.16967
+0.49%
+12.01%
+54.21%
$ 481.48M
$ 1.37M
26
Staked USDai
Staked USDai
SUSDAI
$ 1.11
0.00%
0.00%
0.00%
$ 464.39M
$ 1.61M
27
Pyth Network
Pyth Network
PYTH
$ 0.05165
0.00%
-4.05%
-6.48%
$ 404.54M
$ 16.58M
28
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,635.55
0.00%
-0.01%
+0.18%
$ 391.97M
$ 1.34M
29
Raydium
Raydium
RAY
$ 1.3808
+6.02%
+10.59%
+69.00%
$ 370.34M
$ 354.02K
30
TIA
TIA
TIA
$ 0.3786
+0.13%
-3.55%
+7.13%
$ 347.09M
$ 1.50M
31
Pendle
Pendle
PENDLE
$ 2.029
-0.64%
-1.17%
+4.66%
$ 345.51M
$ 397.49K
32
tBTC
tBTC
TBTC
$ 77,108
+0.02%
-0.01%
-3.24%
$ 332.58M
$ 5.78M
33
SUN
SUN
SUN
$ 0.016857
0.00%
+0.16%
+2.84%
$ 324.83M
$ 6.85M
34
SEI
SEI
SEI
$ 0.04484
-0.02%
-7.93%
-5.22%
$ 322.56M
$ 7.25M
35
Lido DAO
Lido DAO
LDO
$ 0.3724
+0.81%
-1.08%
-2.45%
$ 315.05M
$ 657.63K
36
Staked Aave
Staked Aave
STKAAVE
$ 122.32
-0.14%
-0.04%
-5.99%
$ 303.96M
$ 2.91K
37
Gnosis
Gnosis
GNO
$ 115.06
+0.08%
-1.05%
-1.57%
$ 303.65M
$ 502.49
38
Olympus
Olympus
OHM
$ 20.19
0.00%
-0.00%
-0.05%
$ 301.23M
$ 156.69K
39
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.13
0.00%
0.00%
0.00%
$ 296.93M
$ 26.00K
40
Terra Classic
Terra Classic
LUNC
$ 0.0000502
+0.36%
-3.19%
-1.94%
$ 276.07M
$ 1.89B
41
Maple Finance
Maple Finance
SYRUP
$ 0.2213
+0.99%
-2.84%
-0.76%
$ 261.77M
$ 680.68K
42
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 140.24
+0.46%
-0.03%
-1.67%
$ 230.04M
$ 909.28K
43
crvUSD
crvUSD
CRVUSD
$ 0.999959
0.00%
0.00%
+0.03%
$ 206.83M
$ 17.80M
44
Convex Finance
Convex Finance
CVX
$ 2.102
-0.24%
-4.92%
-5.35%
$ 204.78M
$ 34.54K
45
Compound
Compound
COMP
$ 20.37
+0.99%
+1.69%
+4.17%
$ 204.70M
$ 3.88K
46
JITO
JITO
JTO
$ 0.4132
+0.19%
-6.08%
+1.76%
$ 198.69M
$ 322.38K
47
Lido Earn ETH
Lido Earn ETH
EARNETH
$ 2,506.4
+0.12%
-0.00%
+0.39%
$ 194.03M
--
48
BUILDon
BUILDon
B
$ 0.19591
+0.68%
-6.30%
+44.38%
$ 192.04M
$ 553.05K
49
Ethena Staked ENA
Ethena Staked ENA
SENA
$ 0.147964
-0.79%
-0.07%
-10.66%
$ 185.93M
$ 61.31K
50
Zebec Network
Zebec Network
ZBCN
$ 0.0018252
+0.11%
+0.85%
-2.99%
$ 183.54M
$ 106.93M

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.