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
1051
TermMax
TermMax
TMX
$ 0.02977
+1.05%
+0.37%
-38.05%
--
$ 2.20M
1052
Frankencoin
Frankencoin
ZCHF
$ 1.2226
0.00%
-0.20%
-1.12%
--
$ 392.07K
1053
FOGNET Token
FOGNET Token
FOG
$ 0.007013
0.00%
+0.10%
+0.23%
--
$ 4.07M
1054
CYGNUS
CYGNUS
CGN
$ 0.002152
+0.05%
+0.37%
+0.94%
--
$ 29.52M
1055
aPriori
aPriori
APR
$ 0.14964
+0.07%
+1.49%
-10.84%
--
$ 481.53K
1056
pump.fun
pump.fun
PUMP
$ 0.003577
-0.55%
-0.42%
-23.91%
--
$ 3.66B
1057
Amnis Finance
Amnis Finance
AMI
$ 0.000751
-1.31%
+2.63%
-2.48%
--
$ 67.06M
1058
BOB
BOB
BOB
$ 0.004466
+0.25%
-0.71%
-1.11%
--
$ 14.42M

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.

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.