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
$ 2,483.24
+0.05%
-1.48%
-0.69%
$ 23.95B
$ 22.40
2
Hyperliquid
Hyperliquid
HYPE
$ 79.14
+0.18%
-1.26%
-7.64%
$ 19.94B
$ 22.82K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 3,078.82
-0.13%
-0.01%
-0.77%
$ 11.52B
$ 23.40M
4
Chainlink
Chainlink
LINK
$ 11.378
-0.06%
-0.10%
-5.47%
$ 7.48B
$ 80.35K
5
UNISWAP
UNISWAP
UNI
$ 6.777
+0.32%
+5.35%
-0.60%
$ 4.13B
$ 173.06K
6
Bitway
Bitway
BTW
$ 0.716095
-1.62%
+17.10%
+57.60%
$ 1.98B
$ 4.08M
7
AaveToken
AaveToken
AAVE
$ 127.62
-0.09%
+0.69%
-1.26%
$ 1.97B
$ 1.34K
8
Aster
Aster
ASTER
$ 0.6882
+0.10%
-1.47%
-8.24%
$ 1.86B
$ 1.28M
9
Ondo
Ondo
ONDO
$ 0.34806
-0.02%
-1.92%
-7.22%
$ 1.70B
$ 1.35M
10
Sky Protocol
Sky Protocol
SKY
$ 0.06237
-0.11%
-0.06%
-3.52%
$ 1.47B
$ 1.02M
11
Ethena
Ethena
ENA
$ 0.14189
-0.23%
+0.94%
-12.72%
$ 1.44B
$ 161.06M
12
MORPHO
MORPHO
MORPHO
$ 2.1487
+0.36%
-2.67%
-7.84%
$ 1.12B
$ 79.75K
13
Lighter
Lighter
LIT
$ 4.4261
-2.80%
-2.39%
-14.77%
$ 1.10B
$ 3.35M
14
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 113.97
-0.18%
-0.00%
-3.08%
$ 1.04B
$ 2.53M
15
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.0972
-0.16%
-0.21%
-0.98%
$ 1.03B
$ 1.64M
16
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
0.00%
0.00%
$ 947.39M
$ 2.24M
17
JUST
JUST
JST
$ 0.11563
+0.08%
+1.76%
+11.17%
$ 943.92M
$ 604.05K
18
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 4.4
0.00%
-0.00%
-1.79%
$ 853.54M
$ 5.86M
19
Jupiter
Jupiter
JUP
$ 0.2312
-0.43%
-1.86%
-7.19%
$ 771.09M
$ 1.60M
20
PancakeSwap
PancakeSwap
CAKE
$ 2.288
+0.04%
-3.18%
-0.26%
$ 729.89M
$ 971.44K
21
Injective
Injective
INJ
$ 6.003
-0.51%
-0.69%
-3.98%
$ 600.13M
$ 487.78K
22
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.6173
+0.13%
-5.35%
+0.80%
$ 595.81M
$ 6.17M
23
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.551
-0.04%
-4.63%
-7.95%
$ 541.85M
$ 2.80M
24
Curve
Curve
CRV
$ 0.3381
-1.60%
-3.18%
-5.55%
$ 526.58M
$ 1.63M
25
Staked USDai
Staked USDai
SUSDAI
$ 1.11
0.00%
0.00%
0.00%
$ 495.24M
$ 1.16M
26
Falcon Finance
Falcon Finance
FF
$ 0.14488
+0.71%
+6.14%
-3.75%
$ 456.59M
$ 2.53M
27
Pyth Network
Pyth Network
PYTH
$ 0.05396
-0.48%
-2.92%
-0.44%
$ 426.59M
$ 5.19M
28
Pendle
Pendle
PENDLE
$ 2.353
-0.88%
+2.29%
+14.09%
$ 410.28M
$ 601.38K
29
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,653.16
-0.24%
-0.01%
-0.81%
$ 394.01M
$ 2.56K
30
Raydium
Raydium
RAY
$ 1.3975
-0.87%
-1.13%
+4.23%
$ 369.27M
$ 137.86K
31
tBTC
tBTC
TBTC
$ 76,893
-0.08%
-0.01%
-2.68%
$ 328.15M
$ 2.66M
32
SEI
SEI
SEI
$ 0.04372
+0.02%
-2.43%
-12.33%
$ 326.30M
$ 3.11M
33
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.13
0.00%
0.00%
0.00%
$ 325.97M
$ 2.13K
34
SUN
SUN
SUN
$ 0.016925
+0.12%
+0.07%
+0.22%
$ 325.89M
$ 6.02M
35
TIA
TIA
TIA
$ 0.3447
-0.23%
-2.78%
-13.57%
$ 318.85M
$ 1.37M
36
Staked Aave
Staked Aave
STKAAVE
$ 126.84
-0.06%
+0.01%
-1.40%
$ 315.48M
$ 4.31K
37
Olympus
Olympus
OHM
$ 20.27
+0.25%
0.00%
-0.20%
$ 302.41M
$ 209.25K
38
Gnosis
Gnosis
GNO
$ 114.57
-0.18%
-2.36%
-2.61%
$ 300.90M
$ 528.84
39
Lido DAO
Lido DAO
LDO
$ 0.3577
0.00%
-2.96%
-6.84%
$ 297.71M
$ 468.77K
40
Terra Classic
Terra Classic
LUNC
$ 0.00004976
-0.12%
-1.25%
-5.90%
$ 275.56M
$ 1.82B
41
Maple Finance
Maple Finance
SYRUP
$ 0.2063
+0.22%
-4.35%
-8.90%
$ 246.63M
$ 324.24K
42
JITO
JITO
JTO
$ 0.4443
-0.90%
+2.11%
-0.09%
$ 234.79M
$ 186.38K
43
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 141.5
-0.06%
-0.00%
-3.23%
$ 231.56M
$ 1.13M
44
Plasma
Plasma
XPL
$ 0.08253
+1.00%
+0.76%
-13.16%
$ 231.03M
$ 6.52M
45
BUILDon
BUILDon
B
$ 0.20475
-3.73%
-8.73%
+6.72%
$ 205.47M
$ 480.57K
46
crvUSD
crvUSD
CRVUSD
$ 1.0
0.00%
0.00%
+0.03%
$ 203.17M
$ 23.70M
47
Lido Earn ETH
Lido Earn ETH
EARNETH
$ 2,517.66
-0.02%
-0.01%
-1.30%
$ 195.02M
--
48
Convex Finance
Convex Finance
CVX
$ 1.966
-0.25%
-2.78%
-11.45%
$ 194.94M
$ 40.05K
49
MIOTAC
MIOTAC
IOTA
$ 0.04183
-0.78%
-6.90%
-1.53%
$ 194.33M
$ 1.81M
50
Compound
Compound
COMP
$ 19.27
+0.21%
-0.62%
-6.20%
$ 193.70M
$ 2.85K

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.