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

751

Hubble

HBB

$ 0.00186844

+0.01%

+0.03%

+0.80%

$ 128.75K

$ 289.90

752

Capa

CAPA

$ 0.00081677

+0.01%

+0.02%

-27.92%

$ 128.28K

$ 101.72

753

Nave Shares

NAVE

$ 0.255372

+0.01%

0.00%

+41.54%

$ 127.61K

$ 488.16

754

Elixir

ELX

$ 0.00028803

-0.58%

-0.00%

-6.79%

$ 126.46K

$ 1.49K

755

BendDAO

BEND

$ 3.004E-5

0.00%

-7.68%

$ 124.54K

756

Grix

GRIX

$ 0.00107762

0.00%

$ 124.53K

$ 24.81

757

Eternal Stake Finance

ESF

$ 9.044E-5

-2.73%

-0.82%

+11.39%

$ 124.36K

758

Eggs Finance

EGGS

$ 4.124E-5

0.00%

$ 124.30K

759

PoolTogether

POOL

$ 0.01290513

0.00%

-0.01%

-11.73%

$ 124.07K

$ 5.09

760

Emorya Finance

EMR

$ 0.00013016

0.00%

+28.99%

$ 123.37K

$ 4.45K

761

Polkamarkets

POLK

$ 0.00122395

+2.11%

-0.45%

-54.00%

$ 122.39K

$ 24.49K

762

Down to Finance

DTF

$ 0.00013317

+0.07%

+0.13%

-15.82%

$ 122.28K

$ 5.02K

763

JOCX

$ 0.0253249

0.00%

+16.18%

$ 122.13K

$ 49.77

764

Dafi Protocol

DAFI

$ 0.00010627

-1.12%

+0.01%

-7.62%

$ 121.52K

$ 50.10

765

enfineo

ENF

$ 0.002957

+0.10%

-3.96%

-14.70%

$ 120.23K

$ 10.94M

766

Shido DEX

SHDX

$ 1.188E-5

-0.08%

0.00%

-0.25%

$ 118.77K

767

Cogito Finance

CGV

$ 0.00020336

+0.31%

-0.02%

-10.45%

$ 118.68K

$ 5.24

768

Hummingbird Finance

HMNG

$ 1.178E-9

0.00%

$ 117.79K

769

Topaz

TOPAZ

$ 0.00094718

+0.45%

-0.03%

-2.62%

$ 117.56K

$ 2.39K

770

Skyhash

SKH

$ 0.00589278

+0.02%

+0.03%

-14.46%

$ 117.02K

$ 12.19K

771

Origin Sonic

$ 0.04147775

-0.01%

-14.39%

$ 115.59K

$ 898.80

772

Ducat

DUCAT

$ 2.35

0.00%

-0.11%

-73.48%

$ 115.21K

$ 1.76K

773

APYSwap

APYS

$ 0.0028328

+0.01%

-0.05%

-2.24%

$ 112.98K

$ 940.29

774

Sherwood

SHERWOOD

$ 0.00011291

+0.24%

-0.13%

-3.66%

$ 112.92K

$ 6.34K

775

AshSwap

ASH

$ 0.00025394

+1.26%

+0.02%

-6.16%

$ 112.53K

$ 125.34

776

Timeswap

TIME

$ 0.00032065

0.00%

$ 112.23K

$ 318.36

777

H2 Finance

$H2

$ 1.301E-5

0.00%

-3.84%

$ 111.39K

778

NFT Art Finance

NFTART

$ 5.072E-12

+0.42%

-4.57%

-6.20%

$ 110.96K

779

Fodl Finance

FODL

$ 0.00028989

+0.03%

-0.02%

-1.90%

$ 109.77K

$ 492.90

780

AstraDex AI

ADEX

$ 0.00523151

0.00%

$ 109.34K

$ 3.05K

781

Alpaca Finance

ALPACA

$ 0.00058599

+0.21%

-0.01%

-9.68%

$ 109.26K

$ 649.69

782

Launchy

LAUNCHY

$ 0.00011147

+0.08%

+0.03%

+4.46%

$ 108.39K

$ 504.22

783

Elk Finance

ELK

$ 0.00671019

+0.07%

-0.14%

-17.65%

$ 108.26K

$ 880.89

784

ELLIPSE

$ 0.00011316

0.00%

$ 107.35K

$ 68.86

785

Saber

SBR

$ 3.988E-5

-0.70%

-1.66%

-3.09%

$ 106.01K

786

PowerPool Concentrated Voting Power

CVP

$ 0.00219039

+0.04%

-0.04%

-12.42%

$ 105.63K

$ 846.95

787

dForce

$ 0.00010557

+0.04%

-5.58%

$ 105.56K

$ 6.11

788

BeeZee

BZE

$ 0.00037205

+0.26%

+0.06%

+28.39%

$ 105.15K

$ 324.78

789

Ledgity Token

LDY

$ 0.00240915

0.00%

-6.45%

$ 104.82K

$ 1.90

790

Eigenpie

EGP

$ 0.0176962

0.00%

-0.00%

-5.33%

$ 104.33K

$ 6.08

791

Beni

BENI

$ 0.00010306

0.00%

-3.44%

$ 102.19K

$ 6.75

792

Forj

BONDLY

$ 0.00010097

0.00%

-0.03%

-5.17%

$ 99.31K

$ 102.34

793

CrossSwap

CSWAP

$ 0.00491801

+0.30%

-4.71%

$ 98.35K

$ 40.14

794

Mettalex

MTLX

$ 0.02367084

+0.05%

-0.01%

-6.10%

$ 96.23K

$ 89.99

795

SNAKE

$ 0.04164974

-0.01%

-15.58%

$ 95.28K

$ 325.63

796

Planet Finance

AQUA

$ 1.06

+0.38%

-0.00%

-4.50%

$ 94.81K

$ 134.91

797

Sharpe AI

SAI

$ 0.0008435

0.00%

-1.06%

-4.21%

$ 94.21K

$ 32.92M

798

BakerySwap

BAKE

$ 0.00032594

+0.24%

-0.05%

-6.93%

$ 94.10K

$ 1.09K

799

NAOS Finance

NAOS

$ 0.00110808

0.00%

+0.27%

$ 93.33K

$ 3.16

800

BCREPE

BCRE

$ 0.00019849

-0.87%

-0.02%

-3.10%

$ 93.11K

$ 108.38

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)

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Frequently Asked Questions

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