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
$ 2,469.44
-0.06%
-2.67%
-0.25%
$ 23.92B
$ 21.27
2
Hyperliquid
Hyperliquid
HYPE
$ 77.22
0.00%
-3.57%
-10.50%
$ 19.51B
$ 14.91K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 3,076.25
-0.17%
-0.02%
-0.59%
$ 11.48B
$ 1.79M
4
Chainlink
Chainlink
LINK
$ 11.236
-0.10%
-2.99%
-13.39%
$ 7.38B
$ 47.94K
5
UNISWAP
UNISWAP
UNI
$ 6.222
-0.11%
-2.36%
-11.00%
$ 3.89B
$ 142.97K
6
AaveToken
AaveToken
AAVE
$ 126.08
+0.41%
+0.16%
-4.92%
$ 1.94B
$ 1.42K
7
Aster
Aster
ASTER
$ 0.6934
+0.17%
+1.28%
-12.04%
$ 1.88B
$ 1.13M
8
Bitway
Bitway
BTW
$ 0.666245
-8.07%
+21.06%
+47.34%
$ 1.87B
$ 3.14M
9
Ondo
Ondo
ONDO
$ 0.34352
+0.01%
-1.99%
-10.64%
$ 1.67B
$ 486.86K
10
Sky Protocol
Sky Protocol
SKY
$ 0.06176
+0.08%
-2.73%
-9.57%
$ 1.45B
$ 1.01M
11
Ethena
Ethena
ENA
$ 0.13834
-0.06%
-2.32%
-16.78%
$ 1.41B
$ 60.08M
12
MORPHO
MORPHO
MORPHO
$ 2.1689
-0.49%
-4.53%
-13.46%
$ 1.13B
$ 57.23K
13
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 112.65
+0.07%
-0.02%
-4.70%
$ 1.03B
$ 1.36M
14
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.09626
+0.23%
-1.21%
-0.48%
$ 1.03B
$ 1.22M
15
Lighter
Lighter
LIT
$ 4.0766
-0.86%
-6.22%
-8.91%
$ 1.02B
$ 1.17M
16
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
0.00%
0.00%
$ 950.55M
$ 873.58K
17
JUST
JUST
JST
$ 0.1115
-0.44%
+1.88%
+4.58%
$ 912.80M
$ 614.69K
18
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 4.37
0.00%
-0.01%
-2.46%
$ 845.05M
$ 1.53M
19
Jupiter
Jupiter
JUP
$ 0.233
+0.09%
-4.76%
-7.44%
$ 776.73M
$ 1.22M
20
PancakeSwap
PancakeSwap
CAKE
$ 2.177
+0.14%
-2.29%
-3.80%
$ 696.73M
$ 398.30K
21
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.6459
-1.15%
-15.41%
+10.11%
$ 628.93M
$ 10.99M
22
Injective
Injective
INJ
$ 5.93
+0.41%
-1.44%
+2.32%
$ 587.23M
$ 308.16K
23
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.5595
-0.02%
-2.23%
+4.80%
$ 555.21M
$ 1.99M
24
Curve
Curve
CRV
$ 0.351
+0.51%
+4.64%
-6.66%
$ 547.40M
$ 1.64M
25
Staked USDai
Staked USDai
SUSDAI
$ 1.11
0.00%
0.00%
0.00%
$ 469.89M
$ 185.79K
26
Falcon Finance
Falcon Finance
FF
$ 0.14577
-2.07%
-2.96%
+21.61%
$ 456.71M
$ 603.38K
27
Pyth Network
Pyth Network
PYTH
$ 0.05491
+0.64%
+2.44%
-0.40%
$ 433.75M
$ 8.27M
28
Raydium
Raydium
RAY
$ 1.4604
-0.14%
-6.12%
+25.71%
$ 398.22M
$ 124.93K
29
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,652.33
-0.12%
-0.02%
-0.76%
$ 393.96M
$ 56.99
30
Pendle
Pendle
PENDLE
$ 2.134
+0.42%
-2.15%
+1.52%
$ 369.14M
$ 329.87K
31
SEI
SEI
SEI
$ 0.04466
+0.56%
-0.45%
-8.81%
$ 333.54M
$ 1.94M
32
SUN
SUN
SUN
$ 0.017047
-0.15%
+0.10%
+0.87%
$ 327.39M
$ 4.74M
33
tBTC
tBTC
TBTC
$ 76,714
-0.05%
-0.00%
-3.14%
$ 327.18M
$ 1.53M
34
TIA
TIA
TIA
$ 0.3518
-0.06%
-1.76%
-18.81%
$ 324.00M
$ 1.29M
35
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.13
0.00%
0.00%
0.00%
$ 320.30M
$ 2.51K
36
Staked Aave
Staked Aave
STKAAVE
$ 125.12
+0.26%
-0.00%
-5.61%
$ 311.17M
$ 9.76K
37
Gnosis
Gnosis
GNO
$ 115.95
-0.04%
-1.15%
-0.22%
$ 307.58M
$ 500.22
38
Lido DAO
Lido DAO
LDO
$ 0.3676
+0.03%
-2.52%
-9.27%
$ 306.88M
$ 276.98K
39
Olympus
Olympus
OHM
$ 20.08
+0.05%
-0.01%
-1.95%
$ 299.62M
$ 290.48K
40
Terra Classic
Terra Classic
LUNC
$ 0.00005053
-0.34%
-1.23%
-7.41%
$ 278.74M
$ 1.76B
41
Maple Finance
Maple Finance
SYRUP
$ 0.21867
+0.02%
-2.53%
-0.58%
$ 260.66M
$ 369.27K
42
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 140.02
+0.15%
-0.02%
-4.31%
$ 229.17M
$ 456.14K
43
Plasma
Plasma
XPL
$ 0.08077
-0.05%
-1.81%
-9.89%
$ 225.56M
$ 5.70M
44
JITO
JITO
JTO
$ 0.4286
-0.16%
-2.18%
-3.30%
$ 224.15M
$ 168.74K
45
Convex Finance
Convex Finance
CVX
$ 2.114
+0.05%
+1.88%
-5.84%
$ 210.48M
$ 29.20K
46
BUILDon
BUILDon
B
$ 0.20448
+0.07%
+8.67%
+13.01%
$ 204.95M
$ 493.65K
47
crvUSD
crvUSD
CRVUSD
$ 0.999828
-0.02%
0.00%
0.00%
$ 202.01M
$ 3.96M
48
Compound
Compound
COMP
$ 19.77
-0.15%
-2.28%
-6.89%
$ 197.30M
$ 2.79K
49
Lido Earn ETH
Lido Earn ETH
EARNETH
$ 2,508.25
-0.34%
-0.02%
-0.52%
$ 194.26M
--
50
MIOTAC
MIOTAC
IOTA
$ 0.0411
+1.09%
+1.97%
-2.78%
$ 189.82M
$ 1.51M

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.