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
1
Lido Staked ETH
Lido Staked ETH
STETH
$ 2,498.49
-0.43%
-1.32%
-0.86%
$ 23.99B
$ 22.07
2
Hyperliquid
Hyperliquid
HYPE
$ 79.88
-0.59%
-1.09%
-8.96%
$ 19.85B
$ 21.92K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 3,090.59
-0.36%
-0.01%
-0.54%
$ 11.55B
$ 19.43M
4
Chainlink
Chainlink
LINK
$ 11.494
-0.29%
-0.27%
-9.46%
$ 7.49B
$ 69.27K
5
UNISWAP
UNISWAP
UNI
$ 6.696
-0.21%
+5.00%
-4.83%
$ 4.10B
$ 156.21K
6
AaveToken
AaveToken
AAVE
$ 127.83
-0.12%
+1.02%
-2.03%
$ 1.96B
$ 1.26K
7
Bitway
Bitway
BTW
$ 0.703543
+3.95%
-8.73%
+53.26%
$ 1.94B
$ 3.96M
8
Aster
Aster
ASTER
$ 0.6903
-0.36%
-1.30%
-9.47%
$ 1.86B
$ 1.39M
9
Ondo
Ondo
ONDO
$ 0.35275
-0.23%
-1.44%
-7.51%
$ 1.71B
$ 1.29M
10
Sky Protocol
Sky Protocol
SKY
$ 0.06367
+0.62%
+1.82%
-4.64%
$ 1.49B
$ 1.03M
11
Ethena
Ethena
ENA
$ 0.14175
-0.75%
+0.01%
-15.47%
$ 1.42B
$ 170.42M
12
MORPHO
MORPHO
MORPHO
$ 2.1655
-0.15%
-2.27%
-8.14%
$ 1.13B
$ 57.90K
13
Lighter
Lighter
LIT
$ 4.4186
-0.31%
-4.92%
-17.24%
$ 1.08B
$ 3.40M
14
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 114.04
-0.50%
-0.00%
-3.35%
$ 1.04B
$ 2.64M
15
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.09684
+0.55%
+0.29%
-0.87%
$ 1.03B
$ 1.70M
16
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
0.00%
0.00%
$ 948.21M
$ 2.05M
17
JUST
JUST
JST
$ 0.11529
-0.36%
+1.02%
+10.63%
$ 938.84M
$ 600.38K
18
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 4.4
-0.45%
-0.00%
-2.00%
$ 854.71M
$ 6.28M
19
Jupiter
Jupiter
JUP
$ 0.2385
-0.30%
-0.80%
-7.33%
$ 780.38M
$ 1.75M
20
PancakeSwap
PancakeSwap
CAKE
$ 2.322
-1.07%
+0.35%
+0.26%
$ 737.88M
$ 1.00M
21
Injective
Injective
INJ
$ 6.144
-0.48%
-1.68%
-2.83%
$ 607.22M
$ 476.78K
22
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.6169
-0.42%
-6.98%
-1.94%
$ 594.37M
$ 6.92M
23
Curve
Curve
CRV
$ 0.3537
-0.71%
-2.58%
-3.67%
$ 547.11M
$ 1.76M
24
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.5533
-0.71%
-4.04%
-11.90%
$ 541.95M
$ 3.02M
25
Staked USDai
Staked USDai
SUSDAI
$ 1.11
0.00%
0.00%
0.00%
$ 495.27M
$ 1.46M
26
Falcon Finance
Falcon Finance
FF
$ 0.16531
-0.37%
+5.68%
+2.78%
$ 470.97M
$ 1.53M
27
Pyth Network
Pyth Network
PYTH
$ 0.05522
-0.56%
-4.48%
-0.20%
$ 433.04M
$ 5.56M
28
Pendle
Pendle
PENDLE
$ 2.377
+1.07%
+6.64%
+11.27%
$ 409.41M
$ 621.09K
29
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,661.34
-0.40%
-0.01%
-0.70%
$ 395.40M
$ 58.02
30
Raydium
Raydium
RAY
$ 1.4015
+0.34%
-3.92%
-6.93%
$ 368.46M
$ 127.99K
31
tBTC
tBTC
TBTC
$ 77,372
-0.25%
-0.00%
-2.14%
$ 330.14M
$ 4.99M
32
SEI
SEI
SEI
$ 0.04411
-0.29%
-2.18%
-13.86%
$ 327.79M
$ 2.58M
33
SUN
SUN
SUN
$ 0.017009
-0.01%
+0.32%
+0.37%
$ 326.91M
$ 4.68M
34
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.13
0.00%
0.00%
0.00%
$ 325.38M
$ 2.50K
35
TIA
TIA
TIA
$ 0.3507
-0.20%
-2.35%
-15.12%
$ 321.33M
$ 1.35M
36
Staked Aave
Staked Aave
STKAAVE
$ 127.25
-0.37%
+0.02%
-1.46%
$ 316.50M
$ 5.38K
37
Gnosis
Gnosis
GNO
$ 115.04
-0.22%
-1.18%
-2.29%
$ 304.76M
$ 536.03
38
Olympus
Olympus
OHM
$ 20.18
-0.05%
-0.00%
-1.03%
$ 299.62M
$ 201.74K
39
Lido DAO
Lido DAO
LDO
$ 0.36
+0.11%
-2.98%
-8.49%
$ 299.21M
$ 448.78K
40
Terra Classic
Terra Classic
LUNC
$ 0.00005028
-0.30%
-1.26%
-6.68%
$ 275.90M
$ 1.73B
41
Maple Finance
Maple Finance
SYRUP
$ 0.21014
-0.80%
-2.35%
-6.51%
$ 249.31M
$ 362.21K
42
JITO
JITO
JTO
$ 0.453
-0.82%
+2.22%
-3.37%
$ 232.86M
$ 198.12K
43
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 141.53
-0.48%
-0.00%
-3.54%
$ 231.58M
$ 1.53M
44
Plasma
Plasma
XPL
$ 0.08231
-0.95%
+1.86%
-15.93%
$ 227.00M
$ 6.70M
45
BUILDon
BUILDon
B
$ 0.22416
-1.83%
+2.65%
+13.43%
$ 223.46M
$ 488.81K
46
crvUSD
crvUSD
CRVUSD
$ 0.999736
+0.02%
0.00%
+0.03%
$ 204.88M
$ 19.58M
47
Convex Finance
Convex Finance
CVX
$ 2.015
-0.45%
-4.64%
-10.47%
$ 198.53M
$ 43.20K
48
MIOTAC
MIOTAC
IOTA
$ 0.04315
-1.62%
+1.26%
+0.35%
$ 197.35M
$ 1.77M
49
Lido Earn ETH
Lido Earn ETH
EARNETH
$ 2,519.27
-0.60%
-0.01%
-0.80%
$ 195.22M
--
50
Compound
Compound
COMP
$ 19.25
-1.34%
-2.69%
-7.00%
$ 191.40M
$ 2.87K

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.