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
$ 2,493.27
0.00%
-0.33%
+4.99%
$ 22.30B
$ 21.05
2
Hyperliquid
Hyperliquid
HYPE
$ 84.45
-0.27%
-4.06%
+3.64%
$ 21.32B
$ 91.87K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 3,080.11
-0.20%
-0.00%
+4.90%
$ 11.49B
$ 9.28M
4
Chainlink
Chainlink
LINK
$ 12.771
-0.24%
-4.96%
+15.03%
$ 8.32B
$ 95.27K
5
UNISWAP
UNISWAP
UNI
$ 7.194
+0.07%
+0.41%
+18.06%
$ 4.39B
$ 239.05K
6
Aster
Aster
ASTER
$ 0.7716
-0.40%
-3.81%
+9.85%
$ 2.07B
$ 4.65M
7
AaveToken
AaveToken
AAVE
$ 132.04
-0.29%
-2.44%
+3.01%
$ 2.01B
$ 1.57K
8
Ondo
Ondo
ONDO
$ 0.38282
+0.07%
-2.36%
+11.48%
$ 1.84B
$ 3.71M
9
Sky Protocol
Sky Protocol
SKY
$ 0.06823
+0.25%
-0.73%
-3.70%
$ 1.58B
$ 1.23M
10
Ethena
Ethena
ENA
$ 0.16478
-0.29%
-4.78%
+6.37%
$ 1.51B
$ 137.50M
11
MORPHO
MORPHO
MORPHO
$ 2.4181
-0.50%
-6.93%
-5.15%
$ 1.20B
$ 46.41K
12
Lighter
Lighter
LIT
$ 4.8532
+0.73%
+6.77%
+34.22%
$ 1.20B
$ 3.83M
13
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 116.41
0.00%
-0.01%
+5.28%
$ 1.07B
$ 1.53M
14
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.09669
+0.05%
-1.12%
+5.63%
$ 1.03B
$ 2.18M
15
Bitway
Bitway
BTW
$ 0.45011
+0.19%
-1.72%
-0.48%
$ 989.22M
$ 576.74K
16
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
0.00%
0.00%
$ 973.30M
$ 11.15M
17
JUST
JUST
JST
$ 0.10415
-0.44%
-4.27%
-0.25%
$ 891.29M
$ 714.70K
18
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 4.45
0.00%
-0.01%
+3.25%
$ 860.18M
$ 4.16M
19
PancakeSwap
PancakeSwap
CAKE
$ 2.375
-1.42%
+6.65%
+31.42%
$ 830.05M
$ 2.18M
20
Jupiter
Jupiter
JUP
$ 0.2459
+0.29%
-5.16%
+15.07%
$ 811.48M
$ 3.08M
21
Injective
Injective
INJ
$ 6.322
-0.94%
+10.05%
+30.95%
$ 623.82M
$ 1.45M
22
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.6483
+1.63%
+17.78%
+39.52%
$ 605.68M
$ 19.48M
23
Curve
Curve
CRV
$ 0.3659
-0.58%
-4.46%
-1.04%
$ 549.05M
$ 2.08M
24
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.5996
+0.15%
+0.56%
+4.71%
$ 517.39M
$ 5.34M
25
Staked USDai
Staked USDai
SUSDAI
$ 1.11
0.00%
--
0.00%
$ 461.96M
$ 1.03M
26
Pyth Network
Pyth Network
PYTH
$ 0.05438
+0.15%
-3.22%
+0.15%
$ 423.91M
$ 6.96M
27
TIA
TIA
TIA
$ 0.4276
-0.57%
-2.92%
+18.77%
$ 387.75M
$ 2.63M
28
Pendle
Pendle
PENDLE
$ 2.254
+0.14%
+7.09%
+24.44%
$ 379.34M
$ 753.75K
29
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,659.03
+0.10%
-0.00%
+5.29%
$ 372.77M
$ 9.19K
30
SEI
SEI
SEI
$ 0.0493
+0.19%
-0.67%
+4.94%
$ 351.14M
$ 4.38M
31
Falcon Finance
Falcon Finance
FF
$ 0.11959
-0.08%
+0.12%
+13.59%
$ 344.14M
$ 992.23K
32
tBTC
tBTC
TBTC
$ 78,377
0.00%
-0.01%
+2.69%
$ 339.73M
$ 3.80M
33
Lido DAO
Lido DAO
LDO
$ 0.3952
+0.03%
-4.73%
+9.26%
$ 329.21M
$ 648.21K
34
SUN
SUN
SUN
$ 0.01692
+0.14%
+0.35%
+5.48%
$ 325.10M
$ 7.15M
35
Staked Aave
Staked Aave
STKAAVE
$ 130.41
-0.08%
-0.02%
+3.53%
$ 324.02M
$ 9.92K
36
Gnosis
Gnosis
GNO
$ 117.57
+0.29%
+0.40%
+2.75%
$ 309.93M
$ 539.82
37
Olympus
Olympus
OHM
$ 20.47
0.00%
+0.01%
+2.86%
$ 304.13M
$ 174.76K
38
Terra Classic
Terra Classic
LUNC
$ 0.00005398
0.00%
+3.70%
+7.65%
$ 295.66M
$ 2.84B
39
Raydium
Raydium
RAY
$ 1.1149
+0.21%
-7.92%
+38.27%
$ 293.94M
$ 268.66K
40
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.13
0.00%
0.00%
0.00%
$ 288.91M
$ 20.92K
41
Maple Finance
Maple Finance
SYRUP
$ 0.23336
+1.87%
+6.05%
+14.55%
$ 276.31M
$ 369.75K
42
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 144.71
+0.24%
-0.01%
+5.50%
$ 237.67M
$ 789.81K
43
crvUSD
crvUSD
CRVUSD
$ 0.999791
-0.01%
0.00%
+0.02%
$ 226.54M
$ 24.93M
44
Convex Finance
Convex Finance
CVX
$ 2.267
+0.04%
-0.04%
-3.77%
$ 220.48M
$ 40.78K
45
Compound
Compound
COMP
$ 21.52
+0.19%
+1.43%
+13.21%
$ 213.40M
$ 2.82K
46
JITO
JITO
JTO
$ 0.4466
+0.37%
-1.37%
+4.89%
$ 212.47M
$ 229.71K
47
Ethena Staked ENA
Ethena Staked ENA
SENA
$ 0.164246
0.00%
-0.05%
+5.51%
$ 205.77M
$ 145.68K
48
Lido Earn ETH
Lido Earn ETH
EARNETH
$ 2,521.9
+0.06%
-0.00%
+5.01%
$ 193.93M
--
49
MIOTAC
MIOTAC
IOTA
$ 0.04311
-0.09%
+0.93%
+8.70%
$ 190.82M
$ 1.52M
50
BUILDon
BUILDon
B
$ 0.18268
+1.36%
+1.99%
+41.59%
$ 183.36M
$ 559.18K

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.