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
$ 2,477.58
+0.07%
+0.44%
-1.79%
$ 22.11B
$ 23.41
2
Hyperliquid
Hyperliquid
HYPE
$ 85.71
+0.02%
+0.34%
+2.85%
$ 21.68B
$ 19.23K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 3,061.09
+0.13%
+0.00%
-1.65%
$ 11.42B
$ 2.34M
4
Chainlink
Chainlink
LINK
$ 12.204
-0.06%
+2.56%
+2.29%
$ 7.83B
$ 36.59K
5
UNISWAP
UNISWAP
UNI
$ 6.686
+0.88%
+3.36%
+19.23%
$ 3.98B
$ 216.44K
6
Aster
Aster
ASTER
$ 0.7807
+0.26%
+11.00%
+16.29%
$ 2.20B
$ 9.10M
7
AaveToken
AaveToken
AAVE
$ 132.16
-0.17%
+0.47%
+2.18%
$ 2.03B
$ 1.15K
8
Ondo
Ondo
ONDO
$ 0.3693
-0.35%
+3.69%
+1.77%
$ 1.79B
$ 1.35M
9
Sky Protocol
Sky Protocol
SKY
$ 0.06804
+0.15%
+0.81%
-5.32%
$ 1.57B
$ 846.46K
10
Ethena
Ethena
ENA
$ 0.16496
+0.07%
-1.08%
-0.91%
$ 1.51B
$ 118.67M
11
MORPHO
MORPHO
MORPHO
$ 2.5016
+0.08%
-0.89%
-0.54%
$ 1.26B
$ 31.79K
12
Lighter
Lighter
LIT
$ 4.744
+1.28%
-1.35%
+28.90%
$ 1.19B
$ 2.84M
13
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 116.52
+0.35%
+0.01%
-2.67%
$ 1.07B
$ 257.31K
14
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.09529
-0.08%
+3.35%
-4.72%
$ 1.02B
$ 1.73M
15
Bitway
Bitway
BTW
$ 0.435243
-1.62%
+0.05%
+12.06%
$ 984.43M
$ 959.69K
16
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
0.00%
0.00%
$ 967.40M
$ 612.86K
17
JUST
JUST
JST
$ 0.10936
+0.22%
+1.82%
+14.54%
$ 938.28M
$ 524.24K
18
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 4.45
0.00%
+0.01%
-1.33%
$ 863.88M
$ 2.00M
19
PancakeSwap
PancakeSwap
CAKE
$ 2.241
+1.17%
+13.53%
+19.40%
$ 788.17M
$ 2.17M
20
Jupiter
Jupiter
JUP
$ 0.2222
-0.27%
+3.23%
+2.28%
$ 743.42M
$ 1.45M
21
Curve
Curve
CRV
$ 0.3618
+0.28%
+3.03%
+16.62%
$ 552.39M
$ 1.66M
22
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.5653
+0.07%
-0.04%
+1.95%
$ 492.91M
$ 3.18M
23
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.5228
-0.33%
+3.49%
+2.99%
$ 492.03M
$ 2.01M
24
Injective
Injective
INJ
$ 4.897
-0.08%
+2.51%
-7.72%
$ 489.66M
$ 297.42K
25
Staked USDai
Staked USDai
SUSDAI
$ 1.11
0.00%
0.00%
0.00%
$ 460.20M
$ 668.50K
26
Pyth Network
Pyth Network
PYTH
$ 0.05501
-0.05%
+1.17%
+11.94%
$ 430.45M
$ 6.09M
27
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,638.6
+0.06%
+0.00%
-1.61%
$ 370.09M
$ 183.29K
28
tBTC
tBTC
TBTC
$ 79,849
+0.11%
+0.00%
+1.17%
$ 349.24M
$ 4.82M
29
SEI
SEI
SEI
$ 0.04793
-1.08%
+2.16%
+4.41%
$ 345.08M
$ 3.07M
30
Falcon Finance
Falcon Finance
FF
$ 0.11858
+0.09%
+8.66%
+16.91%
$ 340.89M
$ 2.25M
31
TIA
TIA
TIA
$ 0.3673
+0.08%
+3.09%
+5.76%
$ 334.58M
$ 847.32K
32
Pendle
Pendle
PENDLE
$ 1.952
-0.10%
+0.26%
+6.51%
$ 329.96M
$ 268.99K
33
Staked Aave
Staked Aave
STKAAVE
$ 130.89
-0.25%
+0.00%
+2.36%
$ 324.94M
$ 21.87K
34
SUN
SUN
SUN
$ 0.016757
+0.34%
+2.22%
-0.64%
$ 322.24M
$ 6.44M
35
Lido DAO
Lido DAO
LDO
$ 0.3848
+0.18%
+1.09%
+4.58%
$ 321.46M
$ 379.76K
36
Gnosis
Gnosis
GNO
$ 117.86
-0.01%
+0.37%
-1.51%
$ 309.61M
$ 498.23
37
Olympus
Olympus
OHM
$ 20.22
0.00%
+0.00%
+3.06%
$ 301.87M
$ 75.22K
38
Terra Classic
Terra Classic
LUNC
$ 0.00005261
-0.19%
+3.04%
+0.08%
$ 290.08M
$ 2.24B
39
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.13
0.00%
0.00%
0.00%
$ 284.36M
$ 180.11K
40
Maple Finance
Maple Finance
SYRUP
$ 0.21142
0.00%
-7.31%
+17.49%
$ 252.70M
$ 370.58K
41
crvUSD
crvUSD
CRVUSD
$ 1.0
0.00%
0.00%
+0.03%
$ 249.00M
$ 14.63M
42
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 144.24
-0.01%
+0.01%
-2.87%
$ 237.43M
$ 673.61K
43
Raydium
Raydium
RAY
$ 0.8668
+0.37%
+2.21%
+2.80%
$ 224.97M
$ 80.47K
44
Convex Finance
Convex Finance
CVX
$ 2.265
0.00%
+2.41%
-2.51%
$ 220.87M
$ 26.89K
45
Ethena Staked ENA
Ethena Staked ENA
SENA
$ 0.163651
0.00%
-0.01%
-1.14%
$ 205.08M
$ 476.97K
46
JITO
JITO
JTO
$ 0.4182
+0.14%
+3.41%
-14.97%
$ 202.12M
$ 232.24K
47
Compound
Compound
COMP
$ 20.05
+0.10%
+1.73%
+8.98%
$ 200.20M
$ 2.82K
48
Lido Earn ETH
Lido Earn ETH
EARNETH
$ 2,499.81
0.00%
+0.00%
-1.74%
$ 192.94M
--
49
Zebec Network
Zebec Network
ZBCN
$ 0.0018773
+0.08%
+0.70%
+1.32%
$ 188.56M
$ 97.85M
50
Derive
Derive
DRV
$ 0.179172
-0.22%
+0.19%
+15.50%
$ 179.57M
$ 39.51M

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.