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
$ 2,501.57
+0.08%
+2.01%
+3.39%
$ 22.50B
$ 22.85
2
Hyperliquid
Hyperliquid
HYPE
$ 85.48
-0.97%
+1.56%
+6.00%
$ 21.64B
$ 21.13K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 3,111.29
-0.06%
+0.02%
+3.41%
$ 11.59B
$ 2.56M
4
Chainlink
Chainlink
LINK
$ 12.247
+0.69%
+5.52%
+10.82%
$ 8.11B
$ 63.02K
5
UNISWAP
UNISWAP
UNI
$ 7.19
+0.05%
+16.74%
+46.38%
$ 4.58B
$ 440.57K
6
AaveToken
AaveToken
AAVE
$ 135.57
-1.42%
+4.78%
+11.86%
$ 2.11B
$ 2.27K
7
Aster
Aster
ASTER
$ 0.7847
-1.96%
+6.75%
+11.67%
$ 2.11B
$ 11.57M
8
Ondo
Ondo
ONDO
$ 0.37562
-0.49%
+2.48%
+8.82%
$ 1.83B
$ 1.57M
9
Ethena
Ethena
ENA
$ 0.17861
-3.54%
+10.46%
+22.26%
$ 1.69B
$ 231.53M
10
Sky Protocol
Sky Protocol
SKY
$ 0.071
-0.18%
+5.63%
+2.92%
$ 1.66B
$ 848.79K
11
MORPHO
MORPHO
MORPHO
$ 2.5221
-0.18%
+0.73%
+2.84%
$ 1.28B
$ 37.11K
12
Lighter
Lighter
LIT
$ 4.6244
-0.49%
-0.46%
+33.16%
$ 1.17B
$ 1.32M
13
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 117.42
+0.08%
+0.02%
+2.02%
$ 1.08B
$ 401.65K
14
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.09889
-0.37%
+4.81%
+3.15%
$ 1.05B
$ 2.37M
15
Bitway
Bitway
BTW
$ 0.45169
+0.56%
+0.17%
+12.93%
$ 990.30M
$ 585.07K
16
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
0.00%
0.00%
$ 968.35M
$ 1.53M
17
JUST
JUST
JST
$ 0.11051
+0.02%
+2.13%
+17.07%
$ 944.00M
$ 531.01K
18
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 4.48
0.00%
+0.01%
+1.36%
$ 868.71M
$ 2.56M
19
PancakeSwap
PancakeSwap
CAKE
$ 2.241
-0.31%
+13.85%
+24.25%
$ 789.58M
$ 2.68M
20
Jupiter
Jupiter
JUP
$ 0.2258
-0.18%
+3.23%
+9.27%
$ 743.42M
$ 1.56M
21
Curve
Curve
CRV
$ 0.3835
-0.13%
+9.92%
+29.63%
$ 589.85M
$ 2.74M
22
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.5446
-0.66%
+5.92%
+14.47%
$ 520.13M
$ 4.01M
23
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.591
-1.29%
+4.95%
+9.60%
$ 518.80M
$ 4.11M
24
Injective
Injective
INJ
$ 5.122
+0.37%
+7.30%
+3.28%
$ 512.55M
$ 360.26K
25
Staked USDai
Staked USDai
SUSDAI
$ 1.11
0.00%
0.00%
0.00%
$ 461.11M
$ 1.45M
26
Pyth Network
Pyth Network
PYTH
$ 0.0545
-0.49%
+1.83%
+17.76%
$ 433.44M
$ 7.38M
27
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,684.27
-0.07%
+0.02%
+3.41%
$ 376.54M
$ 67.95K
28
TIA
TIA
TIA
$ 0.3827
+0.18%
+8.38%
+18.07%
$ 355.83M
$ 1.39M
29
SEI
SEI
SEI
$ 0.04858
-0.18%
+3.79%
+10.33%
$ 351.65M
$ 3.03M
30
Pendle
Pendle
PENDLE
$ 2.026
-0.48%
+5.99%
+19.65%
$ 350.63M
$ 355.56K
31
tBTC
tBTC
TBTC
$ 79,906
-0.05%
+0.00%
+2.77%
$ 350.07M
$ 2.46M
32
Falcon Finance
Falcon Finance
FF
$ 0.12041
+1.19%
+10.18%
+28.56%
$ 343.51M
$ 2.60M
33
Lido DAO
Lido DAO
LDO
$ 0.3957
-0.12%
+3.09%
+15.58%
$ 340.08M
$ 692.67K
34
Staked Aave
Staked Aave
STKAAVE
$ 136.49
-1.53%
+0.05%
+12.11%
$ 339.45M
$ 15.52K
35
SUN
SUN
SUN
$ 0.016875
+0.08%
+2.30%
+2.17%
$ 324.93M
$ 8.51M
36
Gnosis
Gnosis
GNO
$ 118.63
-0.02%
+1.73%
+1.64%
$ 313.13M
$ 490.29
37
Olympus
Olympus
OHM
$ 20.39
+0.05%
+0.01%
+3.24%
$ 304.37M
$ 153.82K
38
Terra Classic
Terra Classic
LUNC
$ 0.00005276
-0.09%
+1.42%
+3.41%
$ 291.13M
$ 2.31B
39
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.13
0.00%
0.00%
0.00%
$ 282.81M
$ 178.28K
40
Maple Finance
Maple Finance
SYRUP
$ 0.21445
-0.33%
-0.71%
+24.48%
$ 257.42M
$ 372.46K
41
Raydium
Raydium
RAY
$ 0.9724
+3.89%
+15.69%
+23.59%
$ 257.02M
$ 93.97K
42
crvUSD
crvUSD
CRVUSD
$ 0.999993
0.00%
0.00%
+0.01%
$ 248.88M
$ 3.92M
43
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 145.94
-0.03%
+0.02%
+1.98%
$ 240.23M
$ 536.06K
44
Ethena Staked ENA
Ethena Staked ENA
SENA
$ 0.183694
-3.76%
+0.10%
+24.62%
$ 231.91M
$ 388.82K
45
Convex Finance
Convex Finance
CVX
$ 2.356
-0.25%
+6.85%
+7.34%
$ 231.07M
$ 28.61K
46
Compound
Compound
COMP
$ 20.24
-0.05%
+3.14%
+8.99%
$ 203.60M
$ 2.89K
47
JITO
JITO
JTO
$ 0.419
+0.02%
+3.86%
-4.07%
$ 202.95M
$ 229.96K
48
Lido Earn ETH
Lido Earn ETH
EARNETH
$ 2,548.95
+0.21%
+0.02%
+3.53%
$ 196.99M
--
49
MIOTAC
MIOTAC
IOTA
$ 0.04152
+1.18%
+7.01%
+5.58%
$ 187.90M
$ 2.11M
50
Zebec Network
Zebec Network
ZBCN
$ 0.001856
+0.18%
-1.14%
+1.17%
$ 184.87M
$ 120.41M

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.