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

201

CertiK

CTK

$ 0.09219

+0.85%

+2.03%

-14.47%

$ 15.29M

$ 619.11K

202

Dinero

DINERO

$ 0.01210089

0.00%

+1.46%

$ 15.28M

$ 620.28

203

NeoSoul

DNA

$ 0.16505

+0.17%

+1.54%

-20.62%

$ 14.98M

$ 184.46K

204

Hegic

HEGIC

$ 0.01370244

0.00%

+1.32%

$ 14.77M

$ 2.92K

205

SynFutures

$ 0.00289

-0.41%

+0.84%

-10.53%

$ 14.67M

$ 19.43M

206

3F x Steakhouse USDC Morpho Vault

3F-STEAKUSDC

$ 1.03

0.00%

$ 14.62M

207

Bitwise AUSD Morpho Vault

PAPY

$ 1.006

0.00%

$ 14.60M

208

GVNR

$ 0.901844

0.00%

$ 14.53M

$ 586.95

209

Orderly Network

ORDER

$ 0.0349

-1.68%

+3.23%

-39.83%

$ 14.51M

$ 2.29M

210

Savings crvUSD

SCRVUSD

$ 1.11

0.00%

-0.00%

0.00%

$ 14.46M

$ 8.06M

211

BENQI

$ 0.002003

+0.20%

-0.59%

-6.52%

$ 14.45M

$ 28.21M

212

KernelDAO

KERNEL

$ 0.04984

-2.39%

+8.78%

-3.98%

$ 14.15M

$ 1.51M

213

Stargate Finance

STG

$ 0.151006

+0.82%

+0.05%

-1.36%

$ 14.05M

$ 60.01K

214

RockSolid rETH

ROCK.RETH

$ 1,777.02

0.00%

$ 14.01M

$ 1.28K

215

Talus

$ 0.00494

0.00%

+3.39%

-1.61%

$ 13.96M

$ 12.49M

216

Kelp Gain

AGETH

$ 2,486.03

0.00%

-1.42%

$ 13.87M

$ 23.97

217

Katana Network

KAT

$ 0.004107

-0.58%

-3.58%

-9.63%

$ 13.75M

$ 27.96M

218

Tribe

TRIBE

$ 0.365346

-0.07%

-0.11%

-3.27%

$ 13.53M

$ 24.95K

219

Chintai Network

CHEX

$ 0.010792

-0.08%

+0.92%

+14.20%

$ 13.45M

$ 5.83M

220

Yei Finance

CLO

$ 0.05183

-0.48%

-4.57%

-2.39%

$ 13.40M

$ 1.92M

221

Spell

SPELL

$ 7.736E-5

+1.70%

+2.15%

-5.52%

$ 13.28M

222

Haedal Protocol

HAEDAL

$ 0.02366

-1.78%

+10.82%

+18.48%

$ 13.21M

$ 3.58M

223

Messier

M87

$ 0.00001481

+0.61%

-2.82%

-11.22%

$ 13.10M

$ 7.76B

224

Marinade

MNDE

$ 0.02387172

+0.07%

-0.01%

-2.79%

$ 13.05M

$ 118.59K

225

Coin98

C98

$ 0.01308

+0.69%

-1.88%

-10.32%

$ 13.04M

$ 7.95M

226

Unity

UTY

$ 0.99907

0.00%

$ 12.97M

$ 4.76

227

Banana Gun

BANANA

$ 3.205

+0.69%

-2.05%

-4.82%

$ 12.82M

$ 18.85K

228

Pharaoh Liquid Staking Token

P33

$ 0.082775

+0.48%

-0.06%

-13.83%

$ 12.81M

$ 83.55K

229

Mey Network

MEY

$ 0.04498

-0.60%

-4.02%

-7.41%

$ 12.75M

$ 13.30M

230

yieldbasis

$ 0.06385

+0.73%

+7.54%

+1.76%

$ 12.61M

$ 1.36M

231

JOE

$ 0.02766

+0.29%

-0.86%

-7.05%

$ 12.60M

$ 2.20M

232

Pear Protocol

PEAR

$ 0.02450795

0.00%

-0.17%

-19.02%

$ 12.59M

$ 134.30K

233

Simons Cat

CAT

$ 0.000001612

+0.12%

-1.53%

-6.28%

$ 12.55M

$ 41.86B

234

Ekubo Protocol

EKUBO

$ 1.23

+1.65%

+0.18%

+9.82%

$ 12.30M

$ 51.66K

235

Maya Protocol

CACAO

$ 0.12301

0.00%

$ 12.30M

$ 606.87K

236

Based

BASED

$ 0.05229

+0.25%

-0.76%

+1.62%

$ 12.24M

$ 3.52M

237

BONE SHIBASWAP

BONE

$ 0.05145

-0.25%

+2.76%

-2.91%

$ 11.82M

$ 1.74M

238

Infrared Bera

IBERA

$ 0.147276

-1.16%

0.00%

-8.68%

$ 11.65M

$ 240.26

239

Coinbase Wrapped ADA

CBADA

$ 0.193827

+0.33%

+0.01%

-5.58%

$ 11.64M

$ 101.24K

240

Galaxy USDT Quality

ETH:GUSDTQ

$ 1.018

0.00%

+0.10%

$ 11.49M

241

Equilibria Finance

EQB

$ 0.114213

+0.12%

-0.09%

-7.39%

$ 11.42M

$ 6.62K

242

Optio

OPT

$ 0.00068212

0.00%

$ 11.27M

$ 102.83

243

Yield Optimizer ETH

YOETH

$ 2,447.75

-0.10%

-0.01%

-4.38%

$ 10.88M

244

YieldFi yToken

YUSD

$ 0.998454

0.00%

$ 10.86M

245

Loopring

LRC

$ 0.007868

+0.68%

-1.58%

-4.16%

$ 10.76M

$ 7.42M

246

Wise

WISE

$ 0.121224

-0.10%

-0.19%

-4.61%

$ 10.75M

$ 3.42K

247

Ember Third Eye

ETHIRD

$ 1.053

0.00%

$ 10.70M

$ 1.40K

248

Coinbase Wrapped DOGE

CBDOGE

$ 0.075427

+0.31%

-0.00%

-2.31%

$ 10.40M

$ 129.45K

249

Bitlight Labs

LIGHT

$ 0.2399

-1.28%

-9.01%

-20.56%

$ 10.30M

$ 342.14K

250

Marlin POND

POND

$ 0.0012508

+0.03%

-13.97%

-15.81%

$ 10.29M

$ 110.81M

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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