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
$ 1,867.66
-0.01%
+1.14%
+4.42%
$ 16.79B
$ 30.08
2
Hyperliquid
Hyperliquid
HYPE
$ 60.85
-0.23%
+2.35%
-7.29%
$ 15.38B
$ 30.36K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,317.65
+0.02%
+0.01%
+4.73%
$ 8.44B
$ 1.41M
4
Chainlink
Chainlink
LINK
$ 8.352
+0.13%
+1.24%
+4.56%
$ 5.49B
$ 33.09K
5
DEXE
DEXE
DEXE
$ 34.784
-0.49%
-2.17%
-25.36%
$ 2.91B
$ 5.16K
6
UNISWAP
UNISWAP
UNI
$ 3.554
+0.06%
+1.20%
+0.68%
$ 2.21B
$ 33.13K
7
Ondo
Ondo
ONDO
$ 0.3484
+0.16%
-6.73%
+8.20%
$ 1.69B
$ 2.87M
8
Aster
Aster
ASTER
$ 0.6213
-0.18%
-0.16%
-0.14%
$ 1.67B
$ 306.89K
9
Sky Protocol
Sky Protocol
SKY
$ 0.06073
-0.57%
+0.56%
+1.88%
$ 1.41B
$ 911.52K
10
AaveToken
AaveToken
AAVE
$ 90.32
+0.22%
+2.73%
-4.68%
$ 1.39B
$ 2.54K
11
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.17
0.00%
0.00%
0.00%
$ 1.37B
$ 1.38M
12
MORPHO
MORPHO
MORPHO
$ 2.0098
-0.05%
+2.20%
+0.77%
$ 1.01B
$ 42.12K
13
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.08086
+0.26%
-0.94%
-0.74%
$ 862.40M
$ 1.75M
14
JUST
JUST
JST
$ 0.09856
-0.71%
-0.37%
-0.91%
$ 841.82M
$ 547.58K
15
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.63
0.00%
+0.01%
+0.28%
$ 819.68M
$ 1.03M
16
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 85.25
+0.05%
+0.01%
-0.47%
$ 772.94M
$ 297.15K
17
Ethena
Ethena
ENA
$ 0.08044
+0.12%
-0.87%
+1.71%
$ 747.68M
$ 4.40M
18
Jupiter
Jupiter
JUP
$ 0.1934
+0.26%
-0.05%
-4.54%
$ 642.81M
$ 812.50K
19
Lighter
Lighter
LIT
$ 2.21
-0.31%
-1.23%
-8.28%
$ 553.45M
$ 69.90K
20
Injective
Injective
INJ
$ 5.107
+0.24%
+1.17%
+7.49%
$ 510.95M
$ 180.40K
21
PancakeSwap
PancakeSwap
CAKE
$ 1.406
-0.07%
+0.43%
+0.43%
$ 494.72M
$ 128.74K
22
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.4588
+0.30%
-1.79%
-7.01%
$ 439.54M
$ 227.55K
23
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.4458
-0.29%
+2.53%
+8.61%
$ 393.13M
$ 6.48M
24
Pyth Network
Pyth Network
PYTH
$ 0.0483
-0.33%
+0.79%
+0.39%
$ 381.07M
$ 5.53M
25
SUN
SUN
SUN
$ 0.018429
+0.14%
+1.45%
+0.17%
$ 354.39M
$ 8.20M
26
SEI
SEI
SEI
$ 0.04658
+0.26%
-0.15%
-3.70%
$ 335.99M
$ 1.41M
27
TIA
TIA
TIA
$ 0.3591
+0.20%
-1.75%
-11.61%
$ 329.98M
$ 1.51M
28
Staked USDai
Staked USDai
SUSDAI
$ 1.098
0.00%
0.00%
+0.18%
$ 329.05M
$ 922.57K
29
Curve
Curve
CRV
$ 0.2135
+0.19%
+0.28%
+4.29%
$ 324.73M
$ 916.83K
30
tBTC
tBTC
TBTC
$ 64,605
+0.03%
+0.01%
+2.69%
$ 320.53M
$ 3.94M
31
Terra Classic
Terra Classic
LUNC
$ 0.00005769
-0.21%
-0.02%
-3.74%
$ 318.39M
$ 2.34B
32
Lido DAO
Lido DAO
LDO
$ 0.3585
-0.53%
-2.61%
+14.85%
$ 302.41M
$ 423.33K
33
Gnosis
Gnosis
GNO
$ 111.08
+0.45%
-0.51%
-1.51%
$ 293.36M
$ 547.65
34
Olympus
Olympus
OHM
$ 18.71
0.00%
+0.01%
+8.21%
$ 279.47M
$ 54.99K
35
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 1,983.27
0.00%
+0.01%
+4.16%
$ 269.71M
$ 1.87K
36
JITO
JITO
JTO
$ 0.5454
+0.18%
-1.18%
-17.40%
$ 263.41M
$ 135.33K
37
Pendle
Pendle
PENDLE
$ 1.531
+0.07%
-0.07%
+1.53%
$ 261.61M
$ 123.72K
38
Maple Finance
Maple Finance
SYRUP
$ 0.18449
-0.79%
+2.01%
-0.64%
$ 218.03M
$ 678.21K
39
Velvet
Velvet
VELVET
$ 0.51704
-2.59%
+1.73%
-9.75%
$ 216.89M
$ 840.51K
40
crvUSD
crvUSD
CRVUSD
$ 0.999625
-0.01%
0.00%
+0.05%
$ 208.25M
$ 2.39M
41
Staked Aave
Staked Aave
STKAAVE
$ 90.08
+0.32%
+0.02%
-5.00%
$ 202.94M
$ 144.16
42
Zebec Network
Zebec Network
ZBCN
$ 0.001964
+0.97%
-2.35%
-7.64%
$ 196.81M
$ 90.73M
43
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.12
0.00%
0.00%
0.00%
$ 196.10M
$ 6.56K
44
B
B
B
$ 0.18512
+2.99%
+64.66%
+80.55%
$ 186.62M
$ 5.42M
45
Raydium
Raydium
RAY
$ 0.6745
+0.22%
-0.09%
-0.57%
$ 181.51M
$ 112.42K
46
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 105.74
+0.07%
+0.01%
-0.52%
$ 180.67M
$ 410.92K
47
Falcon Finance
Falcon Finance
FF
$ 0.06152
+0.24%
-0.73%
+1.67%
$ 177.01M
$ 1.08M
48
Telcoin
Telcoin
TEL
$ 0.001811
-0.44%
-3.46%
-17.07%
$ 174.09M
$ 72.26M
49
Compound
Compound
COMP
$ 17.26
-0.40%
+0.82%
+2.37%
$ 172.60M
$ 9.87K
50
MIOTAC
MIOTAC
IOTA
$ 0.03628
-0.17%
+1.23%
-3.67%
$ 162.85M
$ 1.41M

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.