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

151

Kyber Network

KNC

$ 0.11992

+0.18%

+5.19%

-1.51%

$ 25.04M

$ 640.20K

152

Block Street

BSB

$ 0.09677

-0.37%

-1.74%

-0.81%

$ 24.97M

$ 6.50M

153

Everything

$ 0.0002491

0.00%

-0.68%

-1.07%

$ 24.90M

$ 113.42M

154

Zest Protocol

ZEST

$ 0.16683

+0.53%

-3.13%

-7.73%

$ 24.42M

$ 352.59K

155

Liquity USD

LUSD

$ 1.036

0.00%

+0.03%

+3.19%

$ 24.34M

$ 945.22K

156

Velvet

VELVET

$ 0.05342

+0.21%

-8.24%

-9.52%

$ 24.06M

$ 1.19M

157

Whiteheart

WHITE

$ 2,694.76

0.00%

$ 23.95M

$ 786.16

158

Lorenzo stBTC

STBTC

$ 76,116

0.00%

-0.03%

-4.42%

$ 23.27M

$ 167.45

159

Core DAO

CORE

$ 0.01537

+1.45%

-2.59%

-14.29%

$ 23.15M

$ 6.53M

160

Defi App

HOME

$ 0.005308

+0.25%

+3.34%

+2.42%

$ 23.06M

$ 10.97M

161

BounceToken

AUCTION

$ 3.322

+1.06%

+1.62%

-3.76%

$ 22.97M

$ 20.58K

162

FRAX

$ 0.2603

+0.74%

+2.45%

-0.08%

$ 22.88M

$ 478.27K

163

ZEROBASE

ZBT

$ 0.06972

-0.14%

+1.66%

-3.50%

$ 22.52M

$ 981.56K

164

USDP

$ 0.9983

0.00%

-0.06%

-0.44%

$ 22.46M

$ 7.54K

165

RavenCoin

RVN

$ 0.001376

+0.44%

-0.66%

-1.24%

$ 22.44M

$ 55.58M

166

Gensyn

$ 0.01715

+0.23%

-0.75%

-10.29%

$ 22.30M

$ 4.08M

167

DODO

$ 0.02188

-0.72%

-11.50%

-0.23%

$ 22.08M

$ 6.20M

168

MYX Finance

MYX

$ 0.05552

+1.33%

-5.10%

-8.68%

$ 22.05M

$ 2.56M

169

Tokenlon

LON

$ 0.177802

+0.06%

-0.13%

-3.27%

$ 22.01M

$ 30.33K

170

Gauntlet USDC Prime Morpho Vault

GTUSDC

$ 1.14

0.00%

$ 21.66M

171

Sanctum

SANC

$ 0.04360833

-0.46%

-0.11%

-10.32%

$ 21.60M

$ 629.95K

172

Wootrade Network

WOO

$ 0.01138

+0.45%

+11.29%

+5.39%

$ 21.04M

$ 7.87M

173

cWBTC

CWBTC

$ 1,539.08

-0.35%

-0.03%

-4.81%

$ 20.96M

174

API3

$ 0.2396

+0.46%

-2.26%

-7.17%

$ 20.58M

$ 339.30K

175

Keep Network

KEEP

$ 0.0212572

+0.09%

-0.15%

-2.28%

$ 20.52M

$ 6.32K

176

RHEA

$ 0.049601

+0.05%

+0.47%

-21.49%

$ 20.46M

$ 1.96M

177

Ferrum Network

FRM

$ 0.070821

0.00%

-1.35%

$ 20.33M

$ 4.28

178

SailOut Royalty

SAIL.R

$ 13.55

0.00%

-0.00%

-7.63%

$ 20.32M

$ 173.20

179

CETUS

$ 0.02109

+1.01%

-0.57%

-4.64%

$ 20.21M

$ 6.20M

180

Lorenzo Protocol

BANK

$ 0.02607

-0.12%

-1.14%

+8.41%

$ 20.21M

$ 26.84M

181

DeGate

$ 0.051841

+0.01%

-0.00%

+3.80%

$ 20.07M

$ 232.07

182

USUAL

$ 0.010048

+0.64%

+1.25%

-2.39%

$ 19.98M

$ 8.66M

183

Aevo

AEVO

$ 0.02091

+0.43%

+0.10%

-5.36%

$ 19.42M

$ 3.25M

184

Peapods Finance

PEAS

$ 1.95

0.00%

-0.01%

-2.99%

$ 19.40M

$ 49.63K

185

EVAA Protocol

EVAA

$ 1.1111

-2.45%

-4.32%

+109.25%

$ 19.35M

$ 440.48K

186

Ryze

RYZE

$ 0.072221

0.00%

$ 19.05M

$ 50.64

187

LocalCoinSwap

LCS

$ 0.429004

+0.12%

-0.10%

-8.68%

$ 18.24M

$ 17.95K

188

Liquity

LQTY

$ 0.187

+0.21%

+1.80%

-5.99%

$ 18.01M

$ 347.81K

189

Origin

OGN

$ 0.02382

-0.08%

-3.37%

-12.48%

$ 17.82M

$ 6.29M

190

STBL

$ 0.02528

-0.12%

-4.25%

-8.19%

$ 17.65M

$ 3.40M

191

Teller

DEBIT

$ 1.018

+0.10%

-0.02%

-12.24%

$ 17.53M

$ 2.98M

192

Quantix Finance

QFI

$ 16.99

+0.24%

0.00%

-2.07%

$ 16.99M

$ 727.80K

193

Adshares

ADS

$ 0.436399

0.00%

-0.07%

-3.21%

$ 16.91M

$ 831.48K

194

Bonfida

FIDA

$ 0.01674

+0.67%

-1.60%

-6.36%

$ 16.48M

$ 3.64M

195

DIA

$ 0.13643

+2.12%

+0.04%

-6.59%

$ 16.33M

$ 4.81M

196

GIGACHAD

GIGA

$ 0.001747

+0.52%

-1.19%

-4.84%

$ 16.28M

$ 34.70M

197

Abelian

ABEL

$ 0.12867

-0.24%

-12.93%

+40.84%

$ 15.99M

$ 191.23K

198

Striker

STKRI

$ 0.302903

0.00%

$ 15.94M

$ 8.01K

199

CHR

$ 0.0161

+0.56%

+0.81%

-6.94%

$ 15.86M

$ 3.93M

200

Fogo

FOGO

$ 0.002871

+0.45%

+3.27%

-26.80%

$ 15.44M

$ 18.99M

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