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

901

NOTAI

$ 3.71571E-7

0.00%

-2.73%

-4.82%

$ 37.16K

902

Selenium

SELE

$ 0.00587074

0.00%

-4.55%

$ 36.75K

$ 8.23

903

Wave Swap

WAVE

$ 3.603E-5

+0.33%

0.00%

-18.08%

$ 36.02K

904

Ooki

OOKI

$ 6.24E-12

0.00%

-9.72%

$ 35.72K

905

UpBots Token

MBXN

$ 7.115E-5

0.00%

$ 35.57K

906

Cicada Finance

LTCIC

$ 1.239E-5

0.00%

$ 35.56K

907

ZeroSwap

ZEE

$ 0.0003506

-0.06%

-0.00%

-3.96%

$ 35.06K

$ 1.58

908

Nave Shares

NAVE

$ 0.068851

0.00%

+0.16%

+32.06%

$ 34.40K

$ 816.63

909

Mithrandir Token

MITHR

$ 0.00122561

0.00%

$ 34.04K

$ 2.48

910

ForTube

FOR

$ 6.271E-5

0.00%

$ 33.68K

911

Syrax AI

SYRAX

$ 0.00050921

0.00%

$ 33.52K

$ 1.16

912

CRUDE

$ 3.31356E-7

0.00%

-0.18%

$ 33.14K

913

Poolz Finance

POOLX

$ 0.00602444

0.00%

-0.00%

+8.77%

$ 33.13K

$ 58.60

914

Defina Finance

FINA

$ 0.00054552

+0.01%

-0.00%

-1.85%

$ 32.13K

$ 18.00

915

Nash Smart Finance

NASF

$ 0.0031454

+0.05%

-0.00%

-5.31%

$ 31.45K

$ 1.27K

916

Penguin Finance

PEFI

$ 0.00164069

-0.17%

+0.01%

-4.38%

$ 31.43K

$ 50.83

917

Mirror

MIRROR

$ 3.13989E-7

-0.94%

0.00%

-1.64%

$ 31.42K

918

Centric Swap

CNS

$ 0.00392219

-0.04%

-0.02%

+3.35%

$ 31.12K

$ 249.89

919

SubQuery Network

SQT

$ 8.03E-6

-4.29%

-14.62%

-18.06%

$ 30.41K

920

Vies Token

VIES

$ 3.628E-5

0.00%

+1.63%

+1.09%

$ 29.25K

921

Houdini Swap

LOCK

$ 0.00057551

0.00%

+0.04%

+3.22%

$ 28.66K

$ 4.81

922

UTYABSWAP

UTYAB

$ 2.862E-5

0.00%

-10.37%

$ 28.62K

923

Paystream

PAYS

$ 0.01899282

0.00%

-29.09%

$ 27.86K

$ 0.04

924

Pickle Finance

PICKLE

$ 0.01369463

0.00%

-1.46%

$ 27.85K

$ 1.31

925

Sync Network

SYNC

$ 0.00012652

0.00%

$ 26.75K

$ 1.88

926

Hexagon

HEXA

$ 1.7159E-8

0.00%

+3.21%

+17.71%

$ 26.69K

927

Impossible Finance

$ 0.00263406

-0.22%

-0.00%

-0.62%

$ 26.57K

$ 1.31

928

Furucombo

COMBO

$ 0.0002604

0.00%

$ 26.04K

$ 3.89

929

Vector ETH

VETH

$ 1,885.18

0.00%

-22.29%

$ 25.70K

$ 0.24

930

Pulseium

PSM

$ 1.6377E-8

0.00%

+22.49%

$ 25.47K

931

Reddex

LQDX

$ 0.00020977

0.00%

$ 25.38K

$ 13.42

932

O3 Swap

$ 0.00097107

0.00%

+9.42%

$ 25.17K

$ 2.38

933

Plasma Finance

PPAY

$ 2.635E-5

0.00%

+6.46%

$ 25.04K

934

WannaSwap

WANNA

$ 0.00025253

0.00%

+0.01%

-6.64%

$ 25.01K

$ 344.40

935

Blitz

BLTZ

$ 1.6066E-8

+1.10%

+2.28%

+17.74%

$ 25.00K

936

LogX Network

LOGX

$ 3.092E-5

+5.10%

-10.13%

-4.30%

$ 24.83K

937

Trava Finance

TRAVA

$ 5.13E-6

0.00%

-3.93%

$ 24.34K

938

Metropolis

METRO

$ 0.00482668

-0.18%

-0.02%

-21.90%

$ 24.13K

$ 441.73

939

Jellyverse

JLY

$ 0.0001702

0.00%

+0.18%

$ 23.81K

$ 0.51

940

aarna atv111

ATV111

$ 105.58

0.00%

+0.07%

$ 23.50K

941

Re7 USDT Morpho Vault

RE7USDT

$ 1.22

0.00%

-0.00%

-3.17%

$ 23.48K

942

Areal Finance

ARL

$ 0.00131207

0.00%

+3.72%

$ 23.42K

$ 32.80

943

Ferrum Network

FRM

$ 8.077E-5

0.00%

$ 23.18K

944

BANX

$ 1.52E-6

0.00%

$ 22.86K

945

Cogito Finance

CGV

$ 0.00024909

0.00%

-0.51%

$ 22.71K

$ 2.04

946

Invariant

INVT

$ 0.00057165

0.00%

$ 22.62K

$ 2.83

947

AicroStrategy

AISTR

$ 0.02195461

0.00%

-0.00%

-2.32%

$ 21.95K

$ 8.93

948

Ethereans

$ 0.02226014

0.00%

$ 21.83K

$ 22.71

949

deFusion

DEF

$ 0.00022836

0.00%

$ 21.52K

$ 114.23

950

trustInWeb3

T3AI

$ 2.165E-5

+0.32%

0.00%

-1.86%

$ 21.43K

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