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

Selenium

SELE

$ 0.00587074

0.00%

-4.55%

$ 36.75K

$ 8.23

902

Wave Swap

WAVE

$ 3.591E-5

-0.06%

0.00%

-18.14%

$ 35.87K

903

Ooki

OOKI

$ 6.24E-12

0.00%

-9.72%

$ 35.72K

904

UpBots Token

MBXN

$ 7.115E-5

0.00%

$ 35.57K

905

Cicada Finance

LTCIC

$ 1.239E-5

0.00%

$ 35.56K

906

ZeroSwap

ZEE

$ 0.00034979

-0.07%

-0.01%

-4.18%

$ 34.98K

$ 1.58

907

Nave Shares

NAVE

$ 0.068983

-0.04%

+0.28%

+32.32%

$ 34.47K

$ 1.46K

908

Mithrandir Token

MITHR

$ 0.00122561

0.00%

$ 34.04K

$ 2.48

909

ForTube

FOR

$ 6.271E-5

0.00%

$ 33.68K

910

Syrax AI

SYRAX

$ 0.00050921

0.00%

$ 33.52K

$ 1.16

911

CRUDE

$ 3.31356E-7

0.00%

-0.22%

$ 33.14K

912

Poolz Finance

POOLX

$ 0.00602444

0.00%

-0.00%

+8.78%

$ 33.13K

$ 58.60

913

Defina Finance

FINA

$ 0.00054549

+0.02%

-0.00%

-2.75%

$ 32.12K

$ 18.00

914

SubQuery Network

SQT

$ 8.39E-6

+1.94%

-15.95%

-14.48%

$ 31.78K

915

Mirror

MIRROR

$ 3.16958E-7

0.00%

-1.25%

$ 31.70K

916

Nash Smart Finance

NASF

$ 0.00314404

+0.08%

-0.01%

-5.16%

$ 31.44K

$ 1.27K

917

Penguin Finance

PEFI

$ 0.00163913

+0.64%

+0.00%

-4.57%

$ 31.40K

$ 56.13

918

Centric Swap

CNS

$ 0.00392459

+0.44%

-0.03%

+2.92%

$ 31.13K

$ 250.04

919

Vies Token

VIES

$ 3.628E-5

-0.68%

-4.46%

+1.09%

$ 29.26K

920

Houdini Swap

LOCK

$ 0.00057551

0.00%

+0.04%

+3.22%

$ 28.66K

$ 4.81

921

UTYABSWAP

UTYAB

$ 2.862E-5

0.00%

-10.67%

$ 28.62K

922

Paystream

PAYS

$ 0.01899282

0.00%

-29.09%

$ 27.86K

$ 0.04

923

Pickle Finance

PICKLE

$ 0.01369463

0.00%

-1.46%

$ 27.85K

$ 1.31

924

Sync Network

SYNC

$ 0.00012652

0.00%

$ 26.75K

$ 1.88

925

Hexagon

HEXA

$ 1.7159E-8

0.00%

+2.53%

+17.71%

$ 26.69K

926

Impossible Finance

$ 0.0026397

-0.16%

+0.00%

-0.41%

$ 26.63K

$ 1.31

927

Furucombo

COMBO

$ 0.0002604

0.00%

$ 26.04K

$ 3.89

928

Vector ETH

VETH

$ 1,885.18

0.00%

+0.00%

-22.29%

$ 25.70K

$ 0.24

929

Pulseium

PSM

$ 1.6377E-8

0.00%

+22.49%

$ 25.47K

930

Reddex

LQDX

$ 0.00020977

0.00%

$ 25.38K

$ 13.42

931

O3 Swap

$ 0.00097107

0.00%

+9.42%

$ 25.17K

$ 2.38

932

Plasma Finance

PPAY

$ 2.635E-5

0.00%

+6.46%

$ 25.04K

933

WannaSwap

WANNA

$ 0.00025253

0.00%

+0.01%

-4.15%

$ 25.01K

$ 344.40

934

Blitz

BLTZ

$ 1.5891E-8

+0.17%

+1.55%

+16.46%

$ 24.61K

935

Trava Finance

TRAVA

$ 5.13E-6

0.00%

-4.65%

$ 24.34K

936

Metropolis

METRO

$ 0.0048397

+0.51%

-0.04%

-21.73%

$ 24.20K

$ 501.37

937

Jellyverse

JLY

$ 0.0001702

0.00%

-0.02%

$ 23.81K

$ 0.51

938

LogX Network

LOGX

$ 2.942E-5

+0.03%

-14.42%

-8.94%

$ 23.63K

939

aarna atv111

ATV111

$ 105.58

0.00%

+0.07%

$ 23.50K

940

Re7 USDT Morpho Vault

RE7USDT

$ 1.22

0.00%

-0.01%

-3.17%

$ 23.47K

941

Areal Finance

ARL

$ 0.00131207

0.00%

+3.72%

$ 23.42K

$ 32.80

942

Ferrum Network

FRM

$ 8.077E-5

0.00%

$ 23.18K

943

BANX

$ 1.52E-6

0.00%

$ 22.86K

944

Cogito Finance

CGV

$ 0.00024909

0.00%

-0.51%

$ 22.71K

$ 2.04

945

Invariant

INVT

$ 0.00057165

0.00%

$ 22.62K

$ 2.83

946

AicroStrategy

AISTR

$ 0.02195488

0.00%

-0.00%

-2.12%

$ 21.95K

$ 8.93

947

Ethereans

$ 0.02226014

0.00%

$ 21.83K

$ 22.71

948

deFusion

DEF

$ 0.00022836

0.00%

$ 21.52K

$ 114.23

949

Ooga Booga

OOGA

$ 0.0007201

0.00%

+2.81%

$ 21.35K

$ 3.50

950

trustInWeb3

T3AI

$ 2.158E-5

-0.05%

0.00%

-3.01%

$ 21.34K

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