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

601

throne

THRONE

$ 0.000418

-0.16%

-0.04%

-22.04%

$ 418.00K

$ 6.13K

602

Bankless BED Index

BED

$ 98.96

-0.03%

+0.02%

-4.39%

$ 416.01K

$ 3.94K

603

Messy Virgo

MESSY

$ 0.00041594

+0.42%

+0.01%

-7.44%

$ 410.46K

$ 1.15K

604

Ithaca Protocol

ITHACA

$ 0.00061513

-0.08%

+0.02%

-2.06%

$ 410.21K

$ 2.24K

605

R2 Protocol

$ 0.003924

-0.49%

-0.01%

-3.21%

$ 408.10K

$ 238.89K

606

Xerberus

XER

$ 0.00136898

-0.15%

+0.03%

-3.22%

$ 408.08K

$ 1.60K

607

L4VA

$ 0.00095575

+0.13%

+0.02%

-23.37%

$ 405.24K

$ 26.89

608

Saros

SAROS

$ 0.0001529

-0.49%

-0.00%

-21.50%

$ 401.42K

$ 137.89K

609

xCREDI

XCREDI

$ 0.01530836

0.00%

$ 398.02K

$ 39.48K

610

Ratehopper AI

ROO

$ 0.00127041

0.00%

-2.25%

$ 396.91K

$ 7.55

611

Limocoin Swap

LMCSWAP

$ 0.00033697

+1.22%

+0.04%

-2.44%

$ 396.15K

$ 178.92

612

Stella

ALPHA

$ 0.00039408

-0.01%

-0.03%

-9.86%

$ 394.08K

$ 2.64K

613

OTC Sol

OTC

$ 0.00078977

+0.15%

+0.02%

-28.27%

$ 393.86K

$ 6.53

614

Aark Digital

AARK

$ 0.00063005

0.00%

+0.03%

-16.44%

$ 392.94K

$ 7.55K

615

JACK

$ 0.0045325

0.00%

-13.36%

$ 387.76K

$ 18.63

616

Whales Market

WHALES

$ 0.00922403

-0.27%

-0.01%

-8.60%

$ 384.16K

$ 1.41K

617

Bubble Protocol

BPL

$ 0.01909031

0.00%

-0.01%

-9.66%

$ 381.81K

$ 10.30

618

Silo Finance

SILO

$ 0.00061742

0.00%

$ 377.99K

$ 9.10

619

Keep3rV1

KP3R

$ 0.775981

-0.25%

+0.01%

-5.85%

$ 376.12K

$ 136.05

620

Levana

LVN

$ 0.00046058

-0.55%

0.00%

-1.17%

$ 370.30K

$ 6.23

621

Odin Liquidity Network

ODIN

$ 0.00196326

-0.11%

+0.00%

-5.04%

$ 367.94K

$ 4.52K

622

Blum

BLUM

$ 0.00090894

-0.43%

+0.00%

-10.03%

$ 367.25K

$ 8.11K

623

BinStarter

BSR

$ 0.00626167

-0.15%

-0.00%

-4.02%

$ 365.66K

$ 826.09

624

Infrared BGT

IBGT

$ 0.141809

-0.85%

+0.07%

-8.04%

$ 358.18K

$ 12.50

625

iZUMi Finance

IZI

$ 0.00045005

+0.03%

-0.01%

-5.76%

$ 354.39K

$ 545.95

626

Yield Yak

YAK

$ 35.29

0.00%

+0.04%

+25.59%

$ 352.87K

$ 2.43

627

THORWallet

TITN

$ 0.0082952

+0.70%

-0.01%

-11.48%

$ 352.55K

$ 48.76K

628

Kittenswap

KITTEN

$ 0.00106139

+0.01%

-0.08%

+11.99%

$ 350.00K

$ 3.96K

629

Shade Protocol

SHD

$ 0.064581

0.00%

$ 348.30K

$ 8.77K

630

YieldNest Restaked ETH

YNETH

$ 2,310.09

0.00%

-0.39%

$ 348.20K

$ 12.79

631

WingRiders

WRT

$ 0.003508

0.00%

-0.00%

-10.32%

$ 338.34K

$ 505.49

632

GoPulse

$ 0.01900387

+1.01%

+0.03%

+6.13%

$ 324.24K

$ 7.14

633

Overlay Protocol

OVL

$ 0.00566377

0.00%

+5.33%

$ 321.67K

$ 1.41

634

Unizen

ZCX

$ 0.00047311

0.00%

$ 321.42K

$ 158.96

635

Mintlayer

$ 0.004995

-0.02%

+0.10%

-2.19%

$ 321.25K

$ 3.53M

636

DeFive

FIVE

$ 0.00026269

+0.21%

+0.05%

+8.28%

$ 318.33K

$ 1.03K

637

Argonot

ARGNOT

$ 4.17

0.00%

-0.03%

-15.42%

$ 315.90K

$ 1.26K

638

Alvara Protocol

ALVA

$ 0.00265451

-0.03%

+0.02%

-6.82%

$ 315.07K

$ 150.86

639

Flamingo Finance

FLM

$ 0.00053932

0.00%

$ 307.28K

$ 47.19K

640

Joule

JOULE

$ 0.00026474

-0.06%

+0.03%

-1.65%

$ 306.25K

$ 8.45

641

Hyperstable

PEG

$ 0.00108134

0.00%

-0.01%

+0.29%

$ 303.45K

$ 661.83

642

Acala

ACA

$ 0.00025977

+1.48%

+0.00%

-10.37%

$ 303.06K

$ 5.74K

643

Rari Governance

RGT

$ 0.02419964

0.00%

$ 302.13K

$ 2.31

644

XWIN Capital

XWIN

$ 0.01719497

+0.17%

0.00%

-4.96%

$ 299.73K

$ 44.50K

645

YASHIX

YASH

$ 0.00033933

-0.13%

+0.25%

+5.64%

$ 299.26K

$ 1.71K

646

Hive AI

BUZZ

$ 0.00029738

+0.03%

+0.02%

-7.52%

$ 297.29K

$ 214.76

647

Bent Finance

BENT

$ 0.024017

-0.01%

+0.01%

-3.33%

$ 294.01K

$ 130.45

648

USDZ

$ 0.979209

0.00%

$ 293.76K

$ 109.32

649

Deri Protocol

DERI

$ 0.00062731

0.00%

-0.03%

-1.70%

$ 293.52K

$ 58.41

650

MerlinSwap

$ 9.232E-5

0.00%

-17.07%

$ 290.82K

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