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
Hyperliquid
Hyperliquid
HYPE
$ 69.22
-0.04%
+2.40%
-2.43%
$ 17.50B
$ 27.16K
2
Lido Staked ETH
Lido Staked ETH
STETH
$ 1,798.2
-0.06%
+2.66%
+1.72%
$ 16.09B
$ 32.80
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,214.8
-0.26%
+0.02%
+1.52%
$ 8.35B
$ 1.41M
4
Chainlink
Chainlink
LINK
$ 7.983
-0.01%
+3.21%
+0.78%
$ 5.24B
$ 107.33K
5
DEXE
DEXE
DEXE
$ 34.137
+0.72%
+17.52%
+44.53%
$ 2.83B
$ 22.73K
6
UNISWAP
UNISWAP
UNI
$ 3.604
-0.67%
+6.49%
+11.92%
$ 2.23B
$ 84.97K
7
Aster
Aster
ASTER
$ 0.6335
-0.05%
+1.93%
-1.33%
$ 1.71B
$ 805.29K
8
Ondo
Ondo
ONDO
$ 0.3272
+0.79%
+3.09%
-1.37%
$ 1.59B
$ 540.02K
9
AaveToken
AaveToken
AAVE
$ 97.09
+1.86%
+8.79%
+10.96%
$ 1.51B
$ 5.59K
10
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.17
0.00%
0.00%
0.00%
$ 1.40B
$ 960.77K
11
Sky Protocol
Sky Protocol
SKY
$ 0.05822
-0.15%
+1.83%
+1.04%
$ 1.36B
$ 1.04M
12
MORPHO
MORPHO
MORPHO
$ 2.2821
+0.09%
+11.35%
+18.78%
$ 1.15B
$ 80.77K
13
JUST
JUST
JST
$ 0.10081
+0.47%
+3.68%
+11.07%
$ 858.65M
$ 1.12M
14
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.68
0.00%
+0.01%
-0.81%
$ 831.41M
$ 3.55M
15
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.0772
-0.01%
+1.01%
+4.89%
$ 823.27M
$ 2.13M
16
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 89.09
+0.41%
+0.02%
-2.63%
$ 800.17M
$ 932.94K
17
Ethena
Ethena
ENA
$ 0.07943
-0.25%
+2.77%
+0.72%
$ 731.14M
$ 5.68M
18
Jupiter
Jupiter
JUP
$ 0.2108
-0.71%
-0.48%
-10.81%
$ 695.61M
$ 1.09M
19
Lighter
Lighter
LIT
$ 2.5107
-0.90%
+0.55%
+12.86%
$ 625.25M
$ 101.64K
20
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.5266
-0.15%
-1.04%
-6.49%
$ 499.27M
$ 215.35K
21
Injective
Injective
INJ
$ 4.915
+0.62%
+1.14%
+2.15%
$ 489.66M
$ 235.73K
22
PancakeSwap
PancakeSwap
CAKE
$ 1.386
+0.22%
-0.22%
+0.43%
$ 488.03M
$ 264.45K
23
TIA
TIA
TIA
$ 0.4192
+0.63%
+2.30%
+6.61%
$ 384.16M
$ 3.12M
24
SEI
SEI
SEI
$ 0.05046
+0.52%
+6.10%
+2.42%
$ 363.99M
$ 1.50M
25
LAB
LAB
LAB
$ 1.24289
+3.22%
+26.78%
-88.81%
$ 361.76M
$ 3.48M
26
SUN
SUN
SUN
$ 0.018416
-0.04%
-1.92%
+8.30%
$ 354.41M
$ 12.17M
27
Pyth Network
Pyth Network
PYTH
$ 0.0447
-0.13%
+6.41%
+18.32%
$ 354.06M
$ 8.79M
28
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.4029
-0.10%
-3.30%
+0.90%
$ 353.50M
$ 4.60M
29
Terra Classic
Terra Classic
LUNC
$ 0.00006189
+0.11%
+0.91%
-3.27%
$ 341.06M
$ 2.15B
30
tBTC
tBTC
TBTC
$ 64,361
-0.03%
+0.03%
+3.25%
$ 321.64M
$ 4.13M
31
Curve
Curve
CRV
$ 0.2082
+0.34%
+3.54%
+0.53%
$ 315.02M
$ 1.42M
32
JITO
JITO
JTO
$ 0.6473
-0.25%
+0.59%
-10.87%
$ 312.23M
$ 188.44K
33
Staked USDai
Staked USDai
SUSDAI
$ 1.096
0.00%
0.00%
+0.18%
$ 311.12M
$ 649.45K
34
Velvet
Velvet
VELVET
$ 0.6894
+6.86%
+72.48%
+15.99%
$ 295.57M
$ 2.87M
35
Gnosis
Gnosis
GNO
$ 108.24
-0.03%
+1.69%
+2.57%
$ 285.81M
$ 537.12
36
Pendle
Pendle
PENDLE
$ 1.546
-0.06%
-1.83%
+7.02%
$ 265.71M
$ 340.04K
37
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 1,914.41
+0.11%
+0.02%
+2.29%
$ 259.84M
$ 48.87K
38
Lido DAO
Lido DAO
LDO
$ 0.309
-0.19%
-3.70%
+16.43%
$ 259.17M
$ 638.72K
39
Olympus
Olympus
OHM
$ 17.19
0.00%
+0.00%
+1.30%
$ 257.72M
$ 3.03K
40
Zebec Network
Zebec Network
ZBCN
$ 0.0022188
+0.23%
+0.21%
-4.00%
$ 221.81M
$ 88.00M
41
Telcoin
Telcoin
TEL
$ 0.002292
+0.39%
+0.39%
-2.30%
$ 220.20M
$ 37.59M
42
Maple Finance
Maple Finance
SYRUP
$ 0.18506
+3.00%
+16.26%
+15.36%
$ 219.82M
$ 652.70K
43
Staked Aave
Staked Aave
STKAAVE
$ 96.26
+0.47%
+0.09%
+9.75%
$ 215.80M
$ 26.42K
44
crvUSD
crvUSD
CRVUSD
$ 0.999329
-0.01%
0.00%
-0.01%
$ 206.94M
$ 14.57M
45
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.12
0.00%
0.00%
+0.90%
$ 196.12M
$ 84.97K
46
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 110.15
+0.05%
+0.02%
-2.88%
$ 190.48M
$ 1.08M
47
Raydium
Raydium
RAY
$ 0.7051
+0.41%
+3.82%
-0.88%
$ 189.99M
$ 111.77K
48
MIOTAC
MIOTAC
IOTA
$ 0.04112
+0.27%
+12.16%
+7.87%
$ 185.93M
$ 1.83M
49
Compound
Compound
COMP
$ 17.25
+0.17%
+1.71%
+1.83%
$ 172.60M
$ 5.38K
50
Plasma
Plasma
XPL
$ 0.09421
-0.30%
+1.34%
-13.34%
$ 168.97M
$ 6.51M

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.