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
$ 2,452.88
-0.13%
-2.47%
-0.47%
$ 22.03B
$ 23.39
2
Hyperliquid
Hyperliquid
HYPE
$ 84.47
+0.15%
-3.44%
+1.27%
$ 21.36B
$ 37.37K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 3,051.15
+0.07%
-0.01%
-0.22%
$ 11.39B
$ 6.69M
4
Chainlink
Chainlink
LINK
$ 11.623
-0.26%
-2.41%
+1.55%
$ 7.62B
$ 55.84K
5
UNISWAP
UNISWAP
UNI
$ 6.167
+0.15%
-3.90%
+31.67%
$ 3.82B
$ 381.82K
6
AaveToken
AaveToken
AAVE
$ 130.13
+0.18%
-2.68%
+3.24%
$ 2.00B
$ 2.24K
7
Aster
Aster
ASTER
$ 0.7412
+0.05%
+2.10%
+5.86%
$ 1.99B
$ 4.08M
8
Ondo
Ondo
ONDO
$ 0.35668
-0.19%
-2.57%
+0.61%
$ 1.73B
$ 1.40M
9
Sky Protocol
Sky Protocol
SKY
$ 0.06771
+0.56%
-1.74%
-1.11%
$ 1.58B
$ 1.12M
10
Ethena
Ethena
ENA
$ 0.16298
-0.19%
-4.89%
+1.75%
$ 1.51B
$ 228.36M
11
MORPHO
MORPHO
MORPHO
$ 2.5466
-1.00%
+2.25%
+5.67%
$ 1.28B
$ 39.72K
12
Lighter
Lighter
LIT
$ 4.7354
+0.83%
+5.93%
+33.94%
$ 1.19B
$ 5.36M
13
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 115.06
+0.24%
-0.02%
-3.20%
$ 1.06B
$ 1.68M
14
Bitway
Bitway
BTW
$ 0.454033
+2.29%
+0.87%
-0.31%
$ 1.01B
$ 995.63K
15
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.09258
-0.13%
-2.60%
-12.29%
$ 986.92M
$ 2.34M
16
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
0.00%
0.00%
$ 967.62M
$ 2.06M
17
JUST
JUST
JST
$ 0.1088
+0.07%
+1.36%
+11.06%
$ 929.31M
$ 548.27K
18
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 4.43
0.00%
-0.01%
-1.12%
$ 860.09M
$ 6.95M
19
Jupiter
Jupiter
JUP
$ 0.217
+0.32%
-6.11%
-0.82%
$ 719.51M
$ 1.84M
20
PancakeSwap
PancakeSwap
CAKE
$ 1.974
-0.30%
-4.42%
+14.44%
$ 691.76M
$ 1.40M
21
Curve
Curve
CRV
$ 0.3519
-0.57%
-4.09%
+15.48%
$ 532.97M
$ 2.87M
22
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.5575
+0.18%
-5.92%
+2.87%
$ 490.09M
$ 5.22M
23
Injective
Injective
INJ
$ 4.783
-0.15%
-5.05%
-7.90%
$ 475.56M
$ 400.63K
24
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.4995
-0.10%
-1.33%
+2.11%
$ 475.07M
$ 4.56M
25
Staked USDai
Staked USDai
SUSDAI
$ 1.11
0.00%
0.00%
0.00%
$ 460.07M
$ 1.46M
26
Pyth Network
Pyth Network
PYTH
$ 0.05454
-0.29%
-1.25%
+13.60%
$ 429.42M
$ 16.57M
27
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,628.34
+0.02%
-0.01%
-0.44%
$ 368.96M
$ 209.00K
28
tBTC
tBTC
TBTC
$ 79,660
-0.02%
-0.01%
+1.83%
$ 348.41M
$ 4.63M
29
SEI
SEI
SEI
$ 0.04675
+0.11%
-5.22%
+2.44%
$ 336.85M
$ 4.12M
30
Pendle
Pendle
PENDLE
$ 1.925
-0.21%
-3.23%
+13.10%
$ 327.56M
$ 494.73K
31
Lido DAO
Lido DAO
LDO
$ 0.3861
+0.81%
-3.15%
+7.70%
$ 324.24M
$ 624.65K
32
Staked Aave
Staked Aave
STKAAVE
$ 129.98
+0.16%
-0.01%
+3.74%
$ 322.77M
$ 36.67K
33
TIA
TIA
TIA
$ 0.3498
-0.23%
-5.33%
+3.29%
$ 320.50M
$ 1.17M
34
SUN
SUN
SUN
$ 0.016457
+0.05%
-0.39%
-2.42%
$ 316.60M
$ 5.50M
35
Falcon Finance
Falcon Finance
FF
$ 0.10893
-0.16%
+5.00%
+15.34%
$ 310.62M
$ 1.21M
36
Gnosis
Gnosis
GNO
$ 116.88
+0.02%
-2.91%
-1.22%
$ 307.42M
$ 532.28
37
Olympus
Olympus
OHM
$ 20.21
-0.20%
0.00%
+3.64%
$ 301.77M
$ 173.42K
38
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.13
0.00%
0.00%
0.00%
$ 284.42M
$ 4.61K
39
Terra Classic
Terra Classic
LUNC
$ 0.00005115
+0.26%
-2.39%
-2.93%
$ 281.64M
$ 1.89B
40
Maple Finance
Maple Finance
SYRUP
$ 0.21607
-0.48%
+0.35%
+22.25%
$ 256.52M
$ 513.79K
41
crvUSD
crvUSD
CRVUSD
$ 1.0
0.00%
0.00%
+0.02%
$ 248.73M
$ 20.81M
42
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 142.81
+0.17%
-0.02%
-3.26%
$ 235.06M
$ 2.16M
43
Raydium
Raydium
RAY
$ 0.8207
+0.17%
-2.35%
+3.05%
$ 219.40M
$ 91.86K
44
Convex Finance
Convex Finance
CVX
$ 2.197
+0.09%
-6.38%
-2.28%
$ 214.69M
$ 32.92K
45
Ethena Staked ENA
Ethena Staked ENA
SENA
$ 0.164337
0.00%
-0.04%
+0.86%
$ 205.98M
$ 356.45K
46
JITO
JITO
JTO
$ 0.4038
-0.42%
-10.39%
-18.45%
$ 194.58M
$ 215.22K
47
Compound
Compound
COMP
$ 19.49
-0.31%
-3.15%
+6.07%
$ 193.90M
$ 2.87K
48
Lido Earn ETH
Lido Earn ETH
EARNETH
$ 2,490.58
+0.01%
-0.01%
-0.33%
$ 191.20M
--
49
Zebec Network
Zebec Network
ZBCN
$ 0.00186
-0.28%
-3.03%
-2.11%
$ 185.22M
$ 102.61M
50
MIOTAC
MIOTAC
IOTA
$ 0.03899
+0.10%
-5.40%
-1.59%
$ 174.57M
$ 1.59M

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.