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
$ 67.46
+0.65%
-0.99%
-3.75%
$ 16.99B
$ 23.18K
2
Lido Staked ETH
Lido Staked ETH
STETH
$ 1,820.41
+0.05%
+0.49%
+1.50%
$ 16.19B
$ 32.56
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,231.89
+0.09%
+0.01%
+1.54%
$ 8.39B
$ 766.31K
4
Chainlink
Chainlink
LINK
$ 8.079
+0.27%
+1.64%
+1.04%
$ 5.29B
$ 57.34K
5
DEXE
DEXE
DEXE
$ 37.694
-1.92%
+0.52%
+50.53%
$ 3.07B
$ 11.62K
6
UNISWAP
UNISWAP
UNI
$ 3.739
+2.36%
+6.20%
+19.83%
$ 2.35B
$ 95.29K
7
Aster
Aster
ASTER
$ 0.6317
+0.14%
-0.21%
-1.51%
$ 1.70B
$ 467.97K
8
Ondo
Ondo
ONDO
$ 0.33445
+0.79%
+3.33%
+1.43%
$ 1.64B
$ 568.37K
9
AaveToken
AaveToken
AAVE
$ 98.69
+0.73%
+4.48%
+11.96%
$ 1.54B
$ 4.96K
10
Sky Protocol
Sky Protocol
SKY
$ 0.06021
+0.38%
+4.33%
+6.85%
$ 1.40B
$ 957.97K
11
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.17
0.00%
0.00%
0.00%
$ 1.39B
$ 1.13M
12
MORPHO
MORPHO
MORPHO
$ 2.2128
+4.43%
-0.62%
+16.26%
$ 1.13B
$ 71.37K
13
JUST
JUST
JST
$ 0.10123
+0.97%
-1.97%
+8.52%
$ 858.73M
$ 1.12M
14
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.07985
-0.11%
+2.33%
+9.14%
$ 851.52M
$ 2.69M
15
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.67
0.00%
+0.01%
-1.08%
$ 827.91M
$ 1.70M
16
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 87.72
+0.01%
+0.01%
-3.49%
$ 787.67M
$ 841.73K
17
Ethena
Ethena
ENA
$ 0.08363
+1.21%
+5.43%
+6.86%
$ 776.03M
$ 5.96M
18
Jupiter
Jupiter
JUP
$ 0.2104
+0.05%
+4.15%
-12.68%
$ 699.92M
$ 1.63M
19
Lighter
Lighter
LIT
$ 2.604
+0.51%
+4.13%
+7.78%
$ 647.45M
$ 131.51K
20
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.5415
-0.52%
+5.47%
-5.30%
$ 510.70M
$ 248.94K
21
PancakeSwap
PancakeSwap
CAKE
$ 1.438
+0.35%
+3.68%
+1.48%
$ 505.98M
$ 248.29K
22
Injective
Injective
INJ
$ 5.043
+0.44%
+4.45%
+7.78%
$ 504.25M
$ 281.11K
23
TIA
TIA
TIA
$ 0.4158
-0.26%
+3.60%
+7.88%
$ 383.98M
$ 1.23M
24
Pyth Network
Pyth Network
PYTH
$ 0.04969
+0.04%
+9.70%
+22.04%
$ 379.34M
$ 9.91M
25
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.427
+0.48%
+7.12%
-1.24%
$ 372.43M
$ 5.06M
26
SEI
SEI
SEI
$ 0.05033
+0.48%
+0.82%
+2.97%
$ 362.62M
$ 1.54M
27
SUN
SUN
SUN
$ 0.018451
+0.03%
+0.14%
+3.74%
$ 354.53M
$ 8.61M
28
Terra Classic
Terra Classic
LUNC
$ 0.00006172
+0.16%
+0.83%
-0.55%
$ 340.73M
$ 3.29B
29
tBTC
tBTC
TBTC
$ 64,021
-0.34%
0.00%
+2.02%
$ 321.19M
$ 1.66M
30
Curve
Curve
CRV
$ 0.2093
+0.14%
-0.19%
-2.21%
$ 314.87M
$ 1.10M
31
Staked USDai
Staked USDai
SUSDAI
$ 1.095
-0.09%
0.00%
0.00%
$ 311.02M
$ 228.10K
32
JITO
JITO
JTO
$ 0.6287
-0.08%
0.00%
-11.97%
$ 304.93M
$ 145.11K
33
Gnosis
Gnosis
GNO
$ 108.69
+0.10%
+1.43%
+4.22%
$ 288.05M
$ 543.57
34
Pendle
Pendle
PENDLE
$ 1.577
+0.38%
+6.53%
+12.61%
$ 273.06M
$ 262.76K
35
Lido DAO
Lido DAO
LDO
$ 0.3137
+1.11%
+3.08%
+15.83%
$ 262.12M
$ 485.16K
36
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 1,919.22
0.00%
+0.01%
+1.57%
$ 260.97M
$ 13.50
37
Olympus
Olympus
OHM
$ 17.26
0.00%
+0.00%
+0.99%
$ 258.01M
$ 3.68K
38
LAB
LAB
LAB
$ 0.76392
-1.05%
-31.40%
-94.89%
$ 252.80M
$ 2.89M
39
Maple Finance
Maple Finance
SYRUP
$ 0.19401
-1.42%
+6.35%
+18.35%
$ 229.81M
$ 992.57K
40
Staked Aave
Staked Aave
STKAAVE
$ 99.19
+0.67%
+0.06%
+12.54%
$ 222.34M
$ 4.17K
41
Zebec Network
Zebec Network
ZBCN
$ 0.0022404
-0.53%
+0.58%
-2.06%
$ 221.94M
$ 78.66M
42
Telcoin
Telcoin
TEL
$ 0.002256
-0.13%
-1.01%
-0.88%
$ 216.55M
$ 29.58M
43
crvUSD
crvUSD
CRVUSD
$ 0.999262
-0.02%
0.00%
+0.02%
$ 206.59M
$ 7.10M
44
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.12
0.00%
0.00%
+0.90%
$ 195.72M
$ 65.28K
45
Raydium
Raydium
RAY
$ 0.7027
+0.03%
+0.89%
-2.05%
$ 188.18M
$ 104.98K
46
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 108.84
+0.23%
+0.01%
-3.58%
$ 188.14M
$ 398.64K
47
MIOTAC
MIOTAC
IOTA
$ 0.03992
+0.30%
-1.77%
+4.42%
$ 179.10M
$ 2.68M
48
Velvet
Velvet
VELVET
$ 0.42402
-1.11%
-13.98%
-10.82%
$ 178.40M
$ 1.75M
49
Compound
Compound
COMP
$ 17.07
+0.12%
+1.78%
+1.78%
$ 171.80M
$ 3.25K
50
Plasma
Plasma
XPL
$ 0.09265
0.00%
+1.41%
-12.41%
$ 167.81M
$ 4.79M

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.