Top Decentralised Finance (DeFi) Tokens by Market Capitalisation

Decentralised Finance (DeFi) protocols utilise 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 centralised 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
$ 67.53
+0.53%
-0.40%
-7.67%
$ 17.21B
$ 32.88K
2
Lido Staked ETH
Lido Staked ETH
STETH
$ 1,746.68
-0.19%
+1.03%
-2.40%
$ 15.71B
$ 31.68
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,156.2
+0.03%
+0.70%
-2.63%
$ 7.81B
$ 4.35M
4
Chainlink
Chainlink
LINK
$ 8.001
-0.08%
-0.14%
-4.52%
$ 5.24B
$ 133.26K
5
LAB
LAB
LAB
$ 14.96688
+0.24%
+0.60%
+42.38%
$ 4.65B
$ 121.85K
6
UNISWAP
UNISWAP
UNI
$ 3.006
-0.89%
-0.60%
+1.97%
$ 1.87B
$ 63.16K
7
Aster
Aster
ASTER
$ 0.6346
+0.14%
-1.46%
-3.66%
$ 1.72B
$ 1.88M
8
Ondo
Ondo
ONDO
$ 0.33701
-0.35%
-0.40%
-11.79%
$ 1.64B
$ 1.70M
9
Sky Protocol
Sky Protocol
SKY
$ 0.05898
-0.52%
-0.24%
+2.04%
$ 1.37B
$ 1.05M
10
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.17
0.00%
+0.00%
0.00%
$ 1.29B
$ 1.11M
11
DEXE
DEXE
DEXE
$ 15.751
+9.47%
+3.25%
-21.19%
$ 1.25B
$ 9.43K
12
AaveToken
AaveToken
AAVE
$ 75.77
-1.33%
+0.32%
+0.24%
$ 1.16B
$ 3.56K
13
MORPHO
MORPHO
MORPHO
$ 1.8186
+0.30%
-1.68%
-6.61%
$ 917.12M
$ 38.18K
14
Ethena
Ethena
ENA
$ 0.09558
+1.15%
+1.64%
+8.92%
$ 882.63M
$ 8.38M
15
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.07961
-0.36%
-0.25%
+0.51%
$ 846.62M
$ 1.95M
16
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.53
0.00%
+0.47%
-0.84%
$ 807.38M
$ 3.34M
17
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 82.8
-0.05%
+1.27%
-1.09%
$ 768.72M
$ 864.27K
18
JUST
JUST
JST
$ 0.08318
-0.20%
+0.17%
+2.98%
$ 710.76M
$ 624.66K
19
Jupiter
Jupiter
JUP
$ 0.2123
-0.79%
-3.92%
+5.76%
$ 707.56M
$ 1.63M
20
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.5262
-0.83%
-1.99%
+18.19%
$ 503.27M
$ 344.19K
21
Injective
Injective
INJ
$ 4.911
-0.47%
-2.00%
-16.68%
$ 490.86M
$ 295.79K
22
PancakeSwap
PancakeSwap
CAKE
$ 1.381
-0.07%
-0.86%
-2.74%
$ 486.27M
$ 207.97K
23
Lighter
Lighter
LIT
$ 1.6813
+1.27%
+5.59%
-7.06%
$ 418.68M
$ 109.73K
24
SEI
SEI
SEI
$ 0.05495
-0.18%
-0.33%
+1.29%
$ 396.91M
$ 1.55M
25
Terra Classic
Terra Classic
LUNC
$ 0.00006662
-0.21%
-1.08%
-5.57%
$ 370.25M
$ 2.63B
26
TIA
TIA
TIA
$ 0.3871
+0.29%
+3.32%
+2.04%
$ 354.54M
$ 1.36M
27
SUN
SUN
SUN
$ 0.017352
-0.09%
+0.35%
+1.88%
$ 333.12M
$ 6.49M
28
tBTC
tBTC
TBTC
$ 64,261
+0.09%
+0.05%
-3.40%
$ 319.60M
$ 3.65M
29
Curve
Curve
CRV
$ 0.2093
+0.19%
-2.79%
-14.62%
$ 316.99M
$ 1.99M
30
JITO
JITO
JTO
$ 0.6571
-0.35%
-8.23%
-15.24%
$ 315.66M
$ 368.29K
31
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.3477
-0.43%
+0.06%
+1.61%
$ 305.77M
$ 4.05M
32
Staked USDai
Staked USDai
SUSDAI
$ 1.092
0.00%
+0.02%
+0.09%
$ 292.96M
$ 1.06M
33
Pyth Network
Pyth Network
PYTH
$ 0.03702
-0.30%
-0.08%
-8.21%
$ 290.59M
$ 7.85M
34
Gnosis
Gnosis
GNO
$ 107.95
+0.18%
-1.25%
+0.42%
$ 283.33M
$ 565.91
35
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 1,827.96
0.00%
-0.97%
-3.69%
$ 246.95M
$ 14.95
36
Pendle
Pendle
PENDLE
$ 1.431
0.00%
-1.84%
+2.57%
$ 245.72M
$ 339.67K
37
Zebec Network
Zebec Network
ZBCN
$ 0.0024525
+0.39%
-0.74%
-7.89%
$ 244.62M
$ 47.26M
38
Olympus
Olympus
OHM
$ 16.07
-0.25%
+2.23%
-0.12%
$ 240.38M
$ 111.31K
39
Bitway
Bitway
BTW
$ 0.103592
+2.43%
+15.00%
+54.19%
$ 229.68M
$ 59.32M
40
Lido DAO
Lido DAO
LDO
$ 0.2726
-0.18%
-2.19%
-2.02%
$ 229.50M
$ 483.08K
41
Telcoin
Telcoin
TEL
$ 0.002396
-0.71%
-0.21%
-6.68%
$ 229.33M
$ 43.06M
42
B
B
B
$ 0.22501
+0.52%
+0.37%
-9.65%
$ 220.97M
$ 322.16K
43
crvUSD
crvUSD
CRVUSD
$ 0.998743
+0.01%
+0.01%
-0.08%
$ 207.49M
$ 8.39M
44
Falcon Finance
Falcon Finance
FF
$ 0.07029
+0.17%
-0.20%
-2.60%
$ 203.58M
$ 788.79K
45
MIOTAC
MIOTAC
IOTA
$ 0.04475
-0.42%
-0.60%
-10.17%
$ 200.57M
$ 1.34M
46
Velvet
Velvet
VELVET
$ 0.45538
-0.16%
-0.95%
+3.35%
$ 196.23M
$ 2.13M
47
ETHGAS
ETHGAS
GWEI
$ 0.1057
+1.27%
+4.16%
-25.52%
$ 186.90M
$ 129.75K
48
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 102.57
+0.01%
+1.31%
-1.10%
$ 184.89M
$ 1.00M
49
Compound
Compound
COMP
$ 18.16
0.00%
-1.53%
0.00%
$ 180.06M
$ 3.51K
50
Raydium
Raydium
RAY
$ 0.6357
-0.03%
+1.15%
+0.06%
$ 171.04M
$ 113.74K

Frequently Asked Questions

What does Decentralised Finance (DeFi) mean in the Web3 ecosystem?
Decentralised Finance (DeFi) represents a financial system built entirely on blockchain networks. DeFi utilises smart contracts to offer lending, borrowing, and trading services without relying on centralised 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 Decentralised 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 decentralised 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.