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
$ 1,932.04
-0.40%
+1.13%
+0.60%
$ 17.38B
$ 29.59
2
Hyperliquid
Hyperliquid
HYPE
$ 60.85
-0.34%
-2.39%
-8.03%
$ 15.45B
$ 34.22K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,405.93
-0.02%
+0.02%
+1.03%
$ 8.80B
$ 4.28M
4
Chainlink
Chainlink
LINK
$ 8.71
-0.23%
+1.27%
+2.23%
$ 5.72B
$ 71.35K
5
UNISWAP
UNISWAP
UNI
$ 3.701
-0.24%
+1.48%
-0.05%
$ 2.31B
$ 48.96K
6
Ondo
Ondo
ONDO
$ 0.40032
-0.28%
+12.19%
+9.54%
$ 1.97B
$ 3.26M
7
Aster
Aster
ASTER
$ 0.627
-0.35%
-0.51%
-0.46%
$ 1.69B
$ 642.71K
8
AaveToken
AaveToken
AAVE
$ 96.99
+0.46%
+6.10%
+0.05%
$ 1.48B
$ 3.12K
9
Sky Protocol
Sky Protocol
SKY
$ 0.06259
-0.13%
+0.43%
+0.93%
$ 1.46B
$ 912.36K
10
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.17
0.00%
0.00%
0.00%
$ 1.18B
$ 1.22M
11
MORPHO
MORPHO
MORPHO
$ 2.0552
-0.16%
+3.67%
-1.51%
$ 1.04B
$ 40.54K
12
JUST
JUST
JST
$ 0.1012
-0.41%
-0.79%
+2.50%
$ 865.14M
$ 767.90K
13
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.08
-0.22%
-0.42%
-3.67%
$ 851.84M
$ 1.93M
14
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.71
-0.27%
+0.00%
+1.37%
$ 834.84M
$ 2.37M
15
Ethena
Ethena
ENA
$ 0.08736
-0.16%
+4.24%
+3.41%
$ 808.28M
$ 9.15M
16
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 87.98
-0.16%
+0.01%
+1.78%
$ 797.47M
$ 450.28K
17
Jupiter
Jupiter
JUP
$ 0.2005
-0.40%
+1.73%
-3.65%
$ 665.72M
$ 939.06K
18
Lighter
Lighter
LIT
$ 2.3109
-1.91%
+4.45%
-3.97%
$ 580.00M
$ 180.78K
19
Injective
Injective
INJ
$ 5.341
-0.06%
-0.50%
+3.39%
$ 532.85M
$ 254.54K
20
DEXE
DEXE
DEXE
$ 5.761
-2.03%
-81.95%
-82.99%
$ 516.30M
$ 131.14K
21
PancakeSwap
PancakeSwap
CAKE
$ 1.403
+0.07%
+0.21%
-0.71%
$ 494.37M
$ 223.76K
22
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.4498
-1.04%
+2.61%
-11.50%
$ 427.44M
$ 430.25K
23
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.4525
-1.05%
+0.13%
+3.13%
$ 400.26M
$ 3.25M
24
Pyth Network
Pyth Network
PYTH
$ 0.04761
0.00%
+0.27%
-4.05%
$ 375.16M
$ 7.81M
25
SUN
SUN
SUN
$ 0.018472
-0.15%
-1.95%
+2.42%
$ 355.10M
$ 5.26M
26
SEI
SEI
SEI
$ 0.04679
-0.21%
+0.56%
-3.78%
$ 338.30M
$ 2.13M
27
TIA
TIA
TIA
$ 0.3637
-0.63%
+1.61%
-12.82%
$ 336.05M
$ 1.11M
28
Staked USDai
Staked USDai
SUSDAI
$ 1.099
0.00%
0.00%
+0.09%
$ 329.25M
$ 1.01M
29
Curve
Curve
CRV
$ 0.2151
-0.37%
-0.19%
-1.51%
$ 327.00M
$ 1.44M
30
Lido DAO
Lido DAO
LDO
$ 0.3879
-0.08%
-1.23%
+6.85%
$ 325.92M
$ 1.04M
31
tBTC
tBTC
TBTC
$ 66,395
-0.31%
+0.01%
+2.88%
$ 324.75M
$ 3.43M
32
Terra Classic
Terra Classic
LUNC
$ 0.00005775
-0.14%
+1.43%
-3.90%
$ 318.05M
$ 3.05B
33
JITO
JITO
JTO
$ 0.6363
+1.03%
+4.15%
+1.25%
$ 304.30M
$ 170.87K
34
Gnosis
Gnosis
GNO
$ 112.31
+0.01%
+0.06%
-2.89%
$ 295.94M
$ 528.96
35
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,060.63
-0.24%
+0.01%
+0.62%
$ 285.75M
$ 205.38K
36
Pendle
Pendle
PENDLE
$ 1.636
+0.80%
+1.05%
+2.25%
$ 279.21M
$ 388.24K
37
Olympus
Olympus
OHM
$ 18.49
-0.11%
-0.00%
+0.05%
$ 275.93M
$ 1.02M
38
BUILDon
BUILDon
B
$ 0.23829
-1.50%
+0.92%
+115.76%
$ 244.52M
$ 1.42M
39
Velvet
Velvet
VELVET
$ 0.52773
+2.33%
+4.43%
+3.29%
$ 226.29M
$ 668.94K
40
Maple Finance
Maple Finance
SYRUP
$ 0.18234
-0.50%
-2.10%
-5.34%
$ 217.57M
$ 432.04K
41
Staked Aave
Staked Aave
STKAAVE
$ 95.69
+0.82%
+0.06%
-0.78%
$ 216.69M
$ 5.17K
42
crvUSD
crvUSD
CRVUSD
$ 0.999673
0.00%
0.00%
0.00%
$ 213.28M
$ 13.70M
43
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.12
0.00%
0.00%
0.00%
$ 209.12M
$ 211.23K
44
Zebec Network
Zebec Network
ZBCN
$ 0.0020698
-1.16%
+2.05%
-4.90%
$ 205.90M
$ 111.74M
45
Raydium
Raydium
RAY
$ 0.7094
-0.47%
+0.10%
+3.18%
$ 192.01M
$ 104.72K
46
Lorenzo Protocol
Lorenzo Protocol
BANK
$ 0.15978
-20.04%
-38.36%
+200.63%
$ 191.38M
$ 11.72M
47
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 108.78
-0.42%
+0.00%
+1.55%
$ 184.73M
$ 378.23K
48
Telcoin
Telcoin
TEL
$ 0.001883
-0.21%
-2.18%
-8.73%
$ 180.81M
$ 45.19M
49
Falcon Finance
Falcon Finance
FF
$ 0.06086
+0.08%
+0.66%
-8.89%
$ 174.83M
$ 926.87K
50
Compound
Compound
COMP
$ 17.41
-0.40%
+3.63%
+2.41%
$ 174.10M
$ 7.34K

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.