Top Decentralised Finance (DeFi) Tokens by Market Capitalisation

Decentralised Finance (DeFi) protocols utilise 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 centralised 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
$ 1,922.44
-0.01%
+0.85%
-0.28%
$ 17.27B
$ 29.45
2
Hyperliquid
Hyperliquid
HYPE
$ 60.07
-0.66%
-3.40%
-10.47%
$ 15.25B
$ 32.56K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,382.55
+0.04%
+0.02%
+0.03%
$ 8.71B
$ 4.42M
4
Chainlink
Chainlink
LINK
$ 8.621
-0.02%
+0.47%
+0.96%
$ 5.66B
$ 75.14K
5
UNISWAP
UNISWAP
UNI
$ 3.69
-0.08%
+1.63%
+1.82%
$ 2.29B
$ 52.20K
6
Ondo
Ondo
ONDO
$ 0.4018
+0.96%
+12.55%
+12.93%
$ 1.96B
$ 3.25M
7
Aster
Aster
ASTER
$ 0.625
-0.13%
0.00%
-0.97%
$ 1.69B
$ 664.94K
8
Sky Protocol
Sky Protocol
SKY
$ 0.06296
-0.41%
+1.86%
+1.32%
$ 1.47B
$ 906.75K
9
AaveToken
AaveToken
AAVE
$ 94.87
-0.47%
+5.96%
-1.77%
$ 1.47B
$ 3.13K
10
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.17
0.00%
0.00%
0.00%
$ 1.18B
$ 1.47M
11
MORPHO
MORPHO
MORPHO
$ 2.0369
+0.42%
+2.31%
-1.11%
$ 1.02B
$ 37.78K
12
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.0803
+0.07%
-0.15%
-3.14%
$ 857.28M
$ 1.92M
13
JUST
JUST
JST
$ 0.10056
+0.41%
-1.15%
-0.03%
$ 853.86M
$ 790.49K
14
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.7
0.00%
+0.01%
+0.54%
$ 832.42M
$ 2.45M
15
Ethena
Ethena
ENA
$ 0.0863
-0.10%
+3.33%
+2.65%
$ 798.05M
$ 9.37M
16
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 87.34
-0.21%
+0.00%
+0.65%
$ 791.69M
$ 446.62K
17
DEXE
DEXE
DEXE
$ 8.058
-11.87%
-77.72%
-76.70%
$ 677.57M
$ 94.72K
18
Jupiter
Jupiter
JUP
$ 0.1973
+0.05%
+0.82%
-5.22%
$ 656.76M
$ 999.48K
19
Lighter
Lighter
LIT
$ 2.3765
-0.06%
+6.38%
-3.89%
$ 588.50M
$ 175.92K
20
Injective
Injective
INJ
$ 5.309
+0.56%
-0.80%
+4.17%
$ 534.44M
$ 273.29K
21
PancakeSwap
PancakeSwap
CAKE
$ 1.402
+0.21%
-0.36%
-1.06%
$ 493.31M
$ 185.04K
22
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.4615
-0.04%
+3.91%
-10.90%
$ 430.78M
$ 437.04K
23
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.4603
+0.33%
-0.44%
+2.65%
$ 398.94M
$ 3.14M
24
Pyth Network
Pyth Network
PYTH
$ 0.04739
0.00%
+0.32%
-0.59%
$ 374.22M
$ 8.78M
25
SUN
SUN
SUN
$ 0.018566
+0.18%
+0.03%
+2.90%
$ 357.28M
$ 5.11M
26
SEI
SEI
SEI
$ 0.04684
-0.21%
+0.95%
-4.73%
$ 337.36M
$ 2.66M
27
TIA
TIA
TIA
$ 0.3648
+0.19%
+0.97%
-12.72%
$ 336.42M
$ 1.22M
28
Staked USDai
Staked USDai
SUSDAI
$ 1.099
0.00%
0.00%
+0.18%
$ 329.23M
$ 1.26M
29
Lido DAO
Lido DAO
LDO
$ 0.389
-0.36%
+1.64%
+10.84%
$ 328.45M
$ 1.15M
30
Curve
Curve
CRV
$ 0.2154
+0.14%
-1.10%
-0.74%
$ 326.85M
$ 1.43M
31
tBTC
tBTC
TBTC
$ 66,202
-0.03%
+0.02%
+1.84%
$ 324.99M
$ 4.26M
32
Terra Classic
Terra Classic
LUNC
$ 0.00005794
-0.65%
+1.85%
-3.44%
$ 318.72M
$ 3.24B
33
JITO
JITO
JTO
$ 0.6376
-0.21%
+2.48%
+1.30%
$ 305.02M
$ 166.08K
34
Gnosis
Gnosis
GNO
$ 111.74
+0.14%
-0.31%
-3.68%
$ 295.55M
$ 529.31
35
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,048.96
+0.12%
+0.02%
+0.02%
$ 278.64M
$ 204.23K
36
Olympus
Olympus
OHM
$ 18.55
+0.05%
0.00%
+3.40%
$ 277.13M
$ 1.01M
37
Pendle
Pendle
PENDLE
$ 1.611
-0.31%
+0.06%
+1.00%
$ 276.47M
$ 322.85K
38
BUILDon
BUILDon
B
$ 0.23094
+1.75%
-2.55%
+105.80%
$ 235.46M
$ 1.39M
39
Velvet
Velvet
VELVET
$ 0.529
+0.49%
-1.26%
+2.65%
$ 224.38M
$ 681.20K
40
Maple Finance
Maple Finance
SYRUP
$ 0.18489
-0.26%
-1.87%
-2.51%
$ 221.91M
$ 443.38K
41
Staked Aave
Staked Aave
STKAAVE
$ 94.56
-0.66%
+0.06%
-2.65%
$ 214.12M
$ 5.44K
42
crvUSD
crvUSD
CRVUSD
$ 0.999594
-0.04%
0.00%
-0.02%
$ 212.50M
$ 14.69M
43
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.12
0.00%
0.00%
0.00%
$ 201.96M
$ 128.23K
44
Lorenzo Protocol
Lorenzo Protocol
BANK
$ 0.17077
-3.74%
-39.84%
+223.20%
$ 198.43M
$ 11.71M
45
Zebec Network
Zebec Network
ZBCN
$ 0.0019609
-1.95%
-6.55%
-9.30%
$ 194.00M
$ 114.84M
46
Raydium
Raydium
RAY
$ 0.7159
+0.06%
+0.83%
+3.39%
$ 191.82M
$ 112.46K
47
Telcoin
Telcoin
TEL
$ 0.001913
+0.10%
-0.21%
-7.28%
$ 184.75M
$ 45.54M
48
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 108.28
-0.04%
+0.00%
+0.62%
$ 183.89M
$ 442.23K
49
Compound
Compound
COMP
$ 17.42
-0.29%
+2.65%
+2.47%
$ 174.10M
$ 7.58K
50
Falcon Finance
Falcon Finance
FF
$ 0.06049
+0.18%
+0.72%
-9.83%
$ 174.08M
$ 953.87K

Frequently Asked Questions

What does Decentralised Finance (DeFi) mean in the Web3 ecosystem?
Decentralised Finance (DeFi) represents a financial system built entirely on blockchain networks. DeFi utilises smart contracts to offer lending, borrowing, and trading services without relying on centralised 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 Decentralised 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 decentralised 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.