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

551

Based ETH

BSDETH

$ 2,450.51

-0.17%

+0.01%

-4.89%

$ 642.59K

$ 2.20K

552

Wrapped Kava

WKAVA

$ 0.066975

+0.51%

-0.01%

-4.91%

$ 634.38K

$ 505.36

553

ZygoSwap

ZSWAP

$ 0.00062952

+0.03%

+0.01%

-13.94%

$ 629.52K

$ 43.70K

554

Dialectic BTC Vault

DBIT

$ 81,483

0.00%

$ 626.79K

$ 8.46

555

Credefi

CREDI

$ 0.00070795

+0.21%

-0.01%

-11.49%

$ 626.16K

$ 22.56K

556

Bonzo Finance

BONZO

$ 0.00450269

+0.05%

-6.77%

$ 613.95K

$ 1.27K

557

Mochi

MOCHI

$ 0.0000006519

-0.56%

-9.73%

-20.95%

$ 612.37K

$ 64.24B

558

Etherex

REX

$ 0.01030936

0.00%

+0.08%

-4.25%

$ 609.45K

$ 1.86K

559

Offshift

XFT

$ 0.060303

-0.07%

+0.02%

-5.29%

$ 607.42K

$ 603.95

560

Jelly Finance Baby

JFB

$ 0.0030318

0.00%

$ 606.36K

$ 260.86

561

Beta Finance

BETA

$ 0.00139681

-0.03%

-0.01%

-5.85%

$ 603.26K

$ 1.60

562

Lnfi Network

$ 0.00572404

-0.05%

-0.01%

-4.57%

$ 601.48K

$ 44.57K

563

Velora

VLR

$ 0.00035915

0.00%

-0.00%

-8.08%

$ 600.06K

$ 40.21

564

Elastic Finance Token

EEFI

$ 9.44

-0.21%

-0.00%

-6.35%

$ 599.48K

$ 2.26K

565

Ticker Spring

SPRING

$ 0.00181941

+0.05%

-0.02%

-28.39%

$ 596.48K

$ 11.36K

566

Prisma Governance Token

PRISMA

$ 0.00639548

-0.02%

-2.39%

$ 596.25K

$ 13.17

567

KiloEx

KILO

$ 0.00280141

+0.03%

-0.00%

-8.70%

$ 593.09K

$ 2.16K

568

Arcadia

AAA

$ 0.02247892

0.00%

-0.09%

-10.33%

$ 591.97K

$ 1.36K

569

ICHI

$ 0.062585

-0.06%

+0.01%

-4.62%

$ 586.98K

$ 307.73

570

Maxi PayFi Strategy Token

MPST

$ 0.99901

0.00%

$ 585.37K

$ 1.11

571

neuron ICP

NICP

$ 3.2

0.00%

+0.05%

-4.19%

$ 573.17K

$ 100.91

572

Roobee

ROOBEE

$ 0.00010623

-0.08%

0.00%

-0.77%

$ 564.22K

$ 55.11K

573

ASX Capital

ASX

$ 0.068238

0.00%

-0.02%

-8.11%

$ 558.71K

$ 329.76

574

SPACEHOOD

$ 0.00062042

-0.03%

+0.03%

+10.01%

$ 556.40K

$ 1.06M

575

Anome

ANOME

$ 0.0181572

+0.10%

-0.02%

-6.28%

$ 544.72K

$ 267.72K

576

Yardkeeper

YARD

$ 0.00079138

+0.22%

+0.02%

+1.49%

$ 544.52K

$ 26.14K

577

Hedgehood

HEDGE

$ 0.0005715

-2.96%

-0.04%

-30.50%

$ 538.64K

$ 11.99K

578

Resolv wstUSR

WSTUSR

$ 0.290641

0.00%

$ 535.24K

$ 46.45

579

DefiTuna

TUNA

$ 0.00187452

0.00%

+0.06%

-1.95%

$ 527.68K

$ 442.09

580

BANX Network

BXE

$ 0.001731

-0.40%

-0.34%

-8.73%

$ 521.92K

$ 10.96M

581

Belt

BELT

$ 0.02462372

-0.03%

-0.00%

-5.66%

$ 521.28K

$ 2.39

582

Sandclock

QUARTZ

$ 0.067

0.00%

$ 513.01K

$ 29.08

583

Infrared Finance

$ 0.00248674

-0.57%

-0.16%

-19.01%

$ 509.78K

$ 214.48K

584

Delpho USDV

USDV

$ 1.001

0.00%

$ 504.87K

$ 96.26K

585

Helder

HLDR

$ 0.144761

0.00%

-0.60%

$ 503.40K

$ 34.55

586

XOXNO

$ 0.00672883

+0.18%

+0.21%

+3.02%

$ 498.65K

$ 785.00

587

Rubic

RBC

$ 0.00229818

+0.04%

0.00%

-22.34%

$ 497.07K

$ 39.18K

588

Looping Collective

LOOP

$ 0.00185966

-0.01%

+6.76%

$ 491.33K

$ 1.55

589

SONE

$ 1.001

-0.10%

0.00%

+0.20%

$ 480.69K

$ 292.70

590

Nostra

NSTR

$ 0.0047115

0.00%

-3.96%

$ 471.15K

$ 435.68

591

Thala

THL

$ 0.00624455

-0.28%

-0.00%

-36.44%

$ 470.29K

$ 511.30

592

Guacamole

GUAC

$ 4.627E-9

-0.52%

+2.12%

+9.80%

$ 454.72K

593

Jarvis

JARVIS

$ 0.01074805

0.00%

-8.24%

$ 451.42K

$ 100.05

594

Blend

BLND

$ 0.00662344

-0.18%

+0.05%

+40.84%

$ 444.71K

$ 1.00K

595

Seamless Protocol

SEAM

$ 0.01090069

-1.35%

-0.00%

-4.18%

$ 443.51K

$ 135.52

596

FlowX Finance

FLX

$ 0.066435

-0.23%

+0.03%

-3.35%

$ 440.95K

$ 12.61

597

Metaverse Index

MVI

$ 4.73

-0.21%

+0.12%

-1.87%

$ 427.77K

$ 1.10K

598

Kromatika

KROM

$ 0.0043127

-0.25%

-0.03%

+3.73%

$ 426.94K

$ 252.67

599

swanUSD

SWANUSD

$ 0.999408

0.00%

+0.00%

+0.19%

$ 424.34K

$ 20.62K

600

iCoin

ICOIN

$ 0.00041877

-1.95%

+1.11%

+116.59%

$ 417.84K

$ 366.25K

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.

What is a Decentralized Exchange (DEX) in the DeFi ecosystem?

How do Automated Market Makers (AMMs) work in DeFi protocols?

What is impermanent loss when providing liquidity to DeFi platforms?

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.

Top Decentralized Finance (DeFi) Tokens by Market Capitalization

Tradable Crypto

Category

Decentralized Finance (DeFi)

Smart Contract Platform

Layer 1 (L1)

Proof of Work (PoW)

Other Crypto

New Crypto

Frequently Asked Questions

Disclaimer