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
$ 1,922.18
-0.24%
+1.39%
-0.15%
$ 17.27B
$ 29.25
2
Hyperliquid
Hyperliquid
HYPE
$ 60.4
-0.30%
-2.47%
-9.58%
$ 15.34B
$ 32.51K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,382.15
+0.16%
+0.01%
-0.36%
$ 8.71B
$ 4.41M
4
Chainlink
Chainlink
LINK
$ 8.626
-0.22%
+1.21%
+1.36%
$ 5.67B
$ 71.63K
5
UNISWAP
UNISWAP
UNI
$ 3.685
+0.33%
+2.02%
+2.08%
$ 2.29B
$ 52.88K
6
Ondo
Ondo
ONDO
$ 0.40388
+0.04%
+12.18%
+19.22%
$ 1.94B
$ 3.16M
7
Aster
Aster
ASTER
$ 0.6255
+0.06%
+0.38%
-0.92%
$ 1.69B
$ 669.45K
8
Sky Protocol
Sky Protocol
SKY
$ 0.06313
+0.43%
+1.64%
+1.26%
$ 1.47B
$ 910.20K
9
AaveToken
AaveToken
AAVE
$ 95.55
-0.09%
+6.99%
-1.48%
$ 1.47B
$ 3.13K
10
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.17
0.00%
0.00%
0.00%
$ 1.22B
$ 1.47M
11
MORPHO
MORPHO
MORPHO
$ 2.038
-0.41%
+2.00%
-0.82%
$ 1.02B
$ 37.89K
12
JUST
JUST
JST
$ 0.09992
-0.16%
+0.04%
+0.69%
$ 861.13M
$ 777.58K
13
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.08031
-0.01%
+0.11%
-3.04%
$ 857.70M
$ 1.89M
14
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.7
+0.27%
+0.00%
+0.82%
$ 832.62M
$ 2.50M
15
Ethena
Ethena
ENA
$ 0.08606
+0.08%
+4.80%
+3.86%
$ 800.01M
$ 9.52M
16
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 87.47
+0.23%
0.00%
+1.11%
$ 792.49M
$ 454.72K
17
DEXE
DEXE
DEXE
$ 8.121
-9.95%
-74.91%
-72.70%
$ 757.62M
$ 84.26K
18
Jupiter
Jupiter
JUP
$ 0.1987
-0.51%
+0.46%
-6.72%
$ 650.12M
$ 924.50K
19
Lighter
Lighter
LIT
$ 2.3687
+1.66%
+5.79%
-5.06%
$ 580.20M
$ 174.11K
20
Injective
Injective
INJ
$ 5.336
+0.42%
-1.59%
+4.56%
$ 532.15M
$ 288.06K
21
PancakeSwap
PancakeSwap
CAKE
$ 1.402
-0.07%
-0.14%
-0.99%
$ 492.26M
$ 185.32K
22
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.4505
-1.26%
+4.57%
-10.83%
$ 432.01M
$ 439.28K
23
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.4532
+0.13%
-0.33%
+2.29%
$ 396.92M
$ 3.20M
24
Pyth Network
Pyth Network
PYTH
$ 0.0476
+1.83%
-1.21%
-1.54%
$ 372.49M
$ 8.86M
25
SUN
SUN
SUN
$ 0.018586
-0.08%
-0.09%
+2.44%
$ 356.70M
$ 5.16M
26
SEI
SEI
SEI
$ 0.04673
-0.21%
+2.07%
-2.70%
$ 338.51M
$ 2.53M
27
TIA
TIA
TIA
$ 0.3657
+0.19%
+1.45%
-12.27%
$ 335.41M
$ 1.25M
28
Lido DAO
Lido DAO
LDO
$ 0.3901
+0.54%
+2.81%
+10.70%
$ 329.55M
$ 1.14M
29
Staked USDai
Staked USDai
SUSDAI
$ 1.099
0.00%
0.00%
+0.18%
$ 329.22M
$ 1.29M
30
Curve
Curve
CRV
$ 0.2155
+0.23%
-1.42%
-0.23%
$ 325.64M
$ 1.40M
31
tBTC
tBTC
TBTC
$ 66,325
+0.19%
+0.01%
+2.12%
$ 325.55M
$ 4.85M
32
Terra Classic
Terra Classic
LUNC
$ 0.00005785
-0.34%
+3.01%
-2.61%
$ 320.92M
$ 3.18B
33
JITO
JITO
JTO
$ 0.6315
+1.08%
+2.06%
+0.10%
$ 304.20M
$ 162.30K
34
Gnosis
Gnosis
GNO
$ 111.9
-0.17%
-0.06%
-4.59%
$ 295.12M
$ 530.02
35
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,047.84
+0.11%
+0.01%
-0.09%
$ 278.51M
$ 196.94K
36
Pendle
Pendle
PENDLE
$ 1.625
-0.06%
+1.18%
+1.69%
$ 277.67M
$ 322.77K
37
Olympus
Olympus
OHM
$ 18.54
+0.22%
-0.01%
+2.66%
$ 277.16M
$ 1.04M
38
BUILDon
BUILDon
B
$ 0.23063
-2.46%
-1.97%
+99.61%
$ 228.99M
$ 1.48M
39
Velvet
Velvet
VELVET
$ 0.53268
+0.89%
-1.89%
+1.65%
$ 224.03M
$ 702.59K
40
Maple Finance
Maple Finance
SYRUP
$ 0.18648
-0.70%
-0.71%
-1.24%
$ 222.84M
$ 438.89K
41
Staked Aave
Staked Aave
STKAAVE
$ 95.04
+0.50%
+0.06%
-2.14%
$ 215.21M
$ 5.47K
42
crvUSD
crvUSD
CRVUSD
$ 0.999608
-0.01%
0.00%
-0.01%
$ 211.77M
$ 14.34M
43
Lorenzo Protocol
Lorenzo Protocol
BANK
$ 0.17163
+2.02%
-37.08%
+243.22%
$ 209.07M
$ 11.57M
44
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.12
0.00%
0.00%
0.00%
$ 199.18M
$ 129.21K
45
Zebec Network
Zebec Network
ZBCN
$ 0.0019426
+0.02%
-3.64%
-7.82%
$ 197.48M
$ 114.31M
46
Raydium
Raydium
RAY
$ 0.7146
-0.41%
+0.81%
+3.19%
$ 190.82M
$ 111.06K
47
Telcoin
Telcoin
TEL
$ 0.001923
-0.16%
+1.10%
-6.72%
$ 185.33M
$ 48.00M
48
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 108.2
+0.06%
-0.00%
+0.91%
$ 183.75M
$ 517.87K
49
Compound
Compound
COMP
$ 17.42
+0.17%
+2.84%
+2.53%
$ 174.00M
$ 7.79K
50
Falcon Finance
Falcon Finance
FF
$ 0.06035
+0.25%
+0.23%
-10.36%
$ 173.05M
$ 949.18K

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.