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
$ 2,447.56
-0.30%
-1.96%
-0.05%
$ 22.03B
$ 23.14
2
Hyperliquid
Hyperliquid
HYPE
$ 84.87
-0.01%
+1.31%
+2.44%
$ 21.59B
$ 42.73K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 3,045.78
-0.51%
-0.01%
-0.16%
$ 11.37B
$ 8.45M
4
Chainlink
Chainlink
LINK
$ 11.628
-0.56%
-1.03%
+1.65%
$ 7.64B
$ 84.20K
5
UNISWAP
UNISWAP
UNI
$ 6.221
-1.39%
-0.99%
+32.42%
$ 3.85B
$ 513.37K
6
AaveToken
AaveToken
AAVE
$ 130.5
-0.80%
-3.01%
+5.33%
$ 2.01B
$ 2.50K
7
Aster
Aster
ASTER
$ 0.7331
-0.86%
+1.40%
+5.77%
$ 1.99B
$ 4.46M
8
Ondo
Ondo
ONDO
$ 0.35368
-0.16%
-3.40%
+0.31%
$ 1.73B
$ 1.57M
9
Sky Protocol
Sky Protocol
SKY
$ 0.06715
-0.45%
-2.24%
-1.73%
$ 1.56B
$ 1.09M
10
Ethena
Ethena
ENA
$ 0.16489
-1.59%
-6.62%
+5.27%
$ 1.53B
$ 291.28M
11
MORPHO
MORPHO
MORPHO
$ 2.5229
-0.64%
-0.46%
+4.69%
$ 1.26B
$ 43.23K
12
Lighter
Lighter
LIT
$ 4.7538
-0.16%
+12.52%
+37.59%
$ 1.20B
$ 5.11M
13
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 114.72
-0.34%
-0.02%
-3.35%
$ 1.05B
$ 1.75M
14
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.09267
+0.08%
-2.26%
-10.71%
$ 986.49M
$ 2.56M
15
Bitway
Bitway
BTW
$ 0.446855
-0.81%
-9.36%
+9.18%
$ 980.59M
$ 1.96M
16
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
0.00%
0.00%
$ 967.05M
$ 2.93M
17
JUST
JUST
JST
$ 0.10806
+0.04%
+1.65%
+9.28%
$ 925.89M
$ 549.52K
18
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 4.42
-0.23%
-0.01%
-1.34%
$ 859.09M
$ 7.78M
19
Jupiter
Jupiter
JUP
$ 0.2172
-0.09%
-8.04%
-0.96%
$ 718.18M
$ 1.95M
20
PancakeSwap
PancakeSwap
CAKE
$ 1.978
-0.90%
-0.95%
+14.64%
$ 694.23M
$ 1.49M
21
Curve
Curve
CRV
$ 0.3531
-1.12%
-4.78%
+17.05%
$ 537.22M
$ 3.56M
22
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.5582
-0.42%
-6.16%
+5.41%
$ 495.99M
$ 5.07M
23
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.5001
-0.26%
-1.36%
+2.02%
$ 476.50M
$ 5.96M
24
Injective
Injective
INJ
$ 4.753
-0.08%
-6.38%
-6.27%
$ 475.26M
$ 440.09K
25
Staked USDai
Staked USDai
SUSDAI
$ 1.11
0.00%
0.00%
0.00%
$ 459.70M
$ 2.23M
26
Pyth Network
Pyth Network
PYTH
$ 0.05426
-0.55%
-3.05%
+12.76%
$ 428.01M
$ 17.05M
27
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,622.58
-0.44%
-0.01%
-0.26%
$ 368.08M
$ 90.99K
28
tBTC
tBTC
TBTC
$ 79,572
-0.20%
-0.01%
+1.82%
$ 350.66M
$ 8.64M
29
SEI
SEI
SEI
$ 0.04681
-0.38%
-4.20%
+1.89%
$ 339.16M
$ 4.76M
30
Pendle
Pendle
PENDLE
$ 1.92
+0.05%
-0.51%
+13.22%
$ 330.64M
$ 593.50K
31
TIA
TIA
TIA
$ 0.3518
-0.17%
-5.40%
+3.53%
$ 323.63M
$ 1.35M
32
Staked Aave
Staked Aave
STKAAVE
$ 130.14
-0.75%
-0.02%
+5.44%
$ 323.06M
$ 17.52K
33
Lido DAO
Lido DAO
LDO
$ 0.3773
-0.66%
-4.66%
+4.68%
$ 318.76M
$ 773.51K
34
SUN
SUN
SUN
$ 0.016423
-0.05%
-0.79%
-2.54%
$ 315.53M
$ 5.33M
35
Falcon Finance
Falcon Finance
FF
$ 0.11059
+1.30%
+5.86%
+19.75%
$ 314.99M
$ 1.15M
36
Gnosis
Gnosis
GNO
$ 116.67
-0.27%
-2.71%
-1.28%
$ 305.66M
$ 579.10
37
Olympus
Olympus
OHM
$ 20.19
-0.15%
-0.00%
+3.86%
$ 301.55M
$ 261.96K
38
Terra Classic
Terra Classic
LUNC
$ 0.00005107
-0.10%
-2.07%
-3.03%
$ 282.36M
$ 2.01B
39
Maple Finance
Maple Finance
SYRUP
$ 0.22698
+0.41%
+9.41%
+30.70%
$ 274.24M
$ 537.48K
40
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.13
0.00%
0.00%
0.00%
$ 266.13M
$ 4.83K
41
crvUSD
crvUSD
CRVUSD
$ 0.999292
-0.06%
0.00%
-0.07%
$ 254.56M
$ 17.36M
42
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 142.55
-0.22%
-0.02%
-3.20%
$ 234.63M
$ 3.03M
43
Raydium
Raydium
RAY
$ 0.8133
-0.49%
-2.73%
+3.67%
$ 219.51M
$ 97.32K
44
Convex Finance
Convex Finance
CVX
$ 2.191
-0.59%
-6.46%
-2.40%
$ 215.86M
$ 39.66K
45
Ethena Staked ENA
Ethena Staked ENA
SENA
$ 0.165613
0.00%
-0.06%
+3.35%
$ 207.57M
$ 266.80K
46
Compound
Compound
COMP
$ 19.63
-0.05%
-1.90%
+6.91%
$ 196.50M
$ 2.83K
47
JITO
JITO
JTO
$ 0.4058
+0.17%
-10.49%
-17.83%
$ 195.99M
$ 228.29K
48
Lido Earn ETH
Lido Earn ETH
EARNETH
$ 2,488.55
-0.52%
-0.02%
-0.24%
$ 190.47M
--
49
Zebec Network
Zebec Network
ZBCN
$ 0.0018622
-0.18%
-0.67%
-3.34%
$ 188.77M
$ 106.00M
50
MIOTAC
MIOTAC
IOTA
$ 0.03953
-0.46%
-4.31%
+1.32%
$ 175.51M
$ 1.68M

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.