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
Lido Staked ETH
Lido Staked ETH
STETH
$ 1,898.08
-0.22%
+1.82%
+1.06%
$ 17.11B
$ 28.07
2
Hyperliquid
Hyperliquid
HYPE
$ 55.44
-0.39%
-2.68%
+1.52%
$ 14.10B
$ 22.12K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,361.62
-0.06%
+0.02%
+0.97%
$ 8.71B
$ 10.12M
4
Chainlink
Chainlink
LINK
$ 8.099
-0.12%
-0.76%
-1.84%
$ 5.32B
$ 52.56K
5
UNISWAP
UNISWAP
UNI
$ 3.97
-0.30%
+0.83%
-8.00%
$ 2.50B
$ 213.04K
6
Ondo
Ondo
ONDO
$ 0.36918
-0.51%
-3.42%
-8.41%
$ 1.80B
$ 1.34M
7
Aster
Aster
ASTER
$ 0.6017
-0.38%
-0.40%
+0.43%
$ 1.63B
$ 614.25K
8
AaveToken
AaveToken
AAVE
$ 87.52
-0.70%
-3.50%
-9.79%
$ 1.36B
$ 3.40K
9
Sky Protocol
Sky Protocol
SKY
$ 0.05613
-0.30%
-0.63%
-1.81%
$ 1.31B
$ 1.08M
10
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
0.00%
0.00%
$ 1.11B
$ 1.29M
11
MORPHO
MORPHO
MORPHO
$ 1.8844
-0.22%
+0.80%
-4.58%
$ 951.12M
$ 33.97K
12
JUST
JUST
JST
$ 0.10546
+0.07%
+0.45%
+2.20%
$ 902.82M
$ 567.54K
13
Ethena
Ethena
ENA
$ 0.09061
-0.89%
-0.80%
+11.21%
$ 845.17M
$ 2.02M
14
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.07543
+0.33%
+0.52%
+5.27%
$ 806.96M
$ 2.11M
15
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.58
0.00%
-0.00%
0.00%
$ 798.31M
$ 1.80M
16
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 82.44
+0.04%
-0.01%
0.00%
$ 746.10M
$ 518.83K
17
Jupiter
Jupiter
JUP
$ 0.1823
-0.05%
-2.19%
-4.49%
$ 607.29M
$ 838.45K
18
Lighter
Lighter
LIT
$ 2.1826
-0.25%
+2.81%
-1.00%
$ 544.35M
$ 200.29K
19
PancakeSwap
PancakeSwap
CAKE
$ 1.395
-0.36%
-0.71%
-5.35%
$ 491.90M
$ 302.89K
20
Injective
Injective
INJ
$ 4.651
+0.19%
-4.19%
-3.94%
$ 468.26M
$ 203.14K
21
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.4218
-0.28%
-0.07%
+0.55%
$ 402.67M
$ 157.82K
22
Bitway
Bitway
BTW
$ 0.172673
+4.95%
+17.82%
+101.97%
$ 378.05M
$ 11.08M
23
Staked USDai
Staked USDai
SUSDAI
$ 1.1
0.00%
0.00%
0.00%
$ 353.49M
$ 284.00K
24
SUN
SUN
SUN
$ 0.017976
-0.14%
-0.10%
+0.17%
$ 345.70M
$ 4.37M
25
Curve
Curve
CRV
$ 0.2084
-0.10%
+2.74%
+1.11%
$ 318.51M
$ 1.42M
26
Pyth Network
Pyth Network
PYTH
$ 0.03918
-0.13%
+1.58%
+0.25%
$ 312.95M
$ 5.76M
27
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.3548
-0.39%
-2.77%
-10.94%
$ 312.55M
$ 5.43M
28
tBTC
tBTC
TBTC
$ 64,584
-0.01%
+0.01%
+1.43%
$ 307.60M
$ 1.41M
29
TIA
TIA
TIA
$ 0.3243
-1.26%
-2.96%
+3.05%
$ 301.65M
$ 761.55K
30
SEI
SEI
SEI
$ 0.04094
-0.05%
-1.06%
-1.70%
$ 295.86M
$ 1.66M
31
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,022.34
-0.04%
+0.08%
+0.18%
$ 287.50M
$ 216.55K
32
Olympus
Olympus
OHM
$ 18.76
-0.11%
+0.00%
+1.30%
$ 280.32M
$ 119.01K
33
Gnosis
Gnosis
GNO
$ 105.74
-0.16%
+1.75%
-0.36%
$ 279.10M
$ 550.58
34
Terra Classic
Terra Classic
LUNC
$ 0.0000487
-0.81%
-2.24%
-0.97%
$ 269.84M
$ 3.39B
35
Lido DAO
Lido DAO
LDO
$ 0.2925
0.00%
-0.51%
-18.32%
$ 248.05M
$ 718.48K
36
JITO
JITO
JTO
$ 0.4879
+0.27%
-3.04%
-2.44%
$ 237.26M
$ 134.54K
37
Pendle
Pendle
PENDLE
$ 1.35
-0.22%
-1.45%
-3.48%
$ 232.56M
$ 214.39K
38
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.12
0.00%
0.00%
0.00%
$ 216.80M
$ 378.60K
39
Staked Aave
Staked Aave
STKAAVE
$ 87.69
-0.05%
-0.03%
-10.55%
$ 215.51M
$ 2.01K
40
crvUSD
crvUSD
CRVUSD
$ 0.999137
+0.02%
0.00%
+0.01%
$ 212.90M
$ 8.22M
41
Velvet
Velvet
VELVET
$ 0.47395
-1.05%
-1.58%
+15.54%
$ 201.39M
$ 1.13M
42
Maple Finance
Maple Finance
SYRUP
$ 0.15534
-0.26%
+0.17%
-4.18%
$ 185.74M
$ 449.36K
43
DEXE
DEXE
DEXE
$ 2.197
-0.72%
-3.13%
-12.94%
$ 184.30M
$ 158.61K
44
Falcon Finance
Falcon Finance
FF
$ 0.06345
-0.20%
+1.24%
-1.70%
$ 182.65M
$ 873.46K
45
Zebec Network
Zebec Network
ZBCN
$ 0.0017933
-0.10%
+0.77%
+2.05%
$ 179.55M
$ 108.87M
46
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 102.18
-0.05%
-0.01%
-0.14%
$ 172.93M
$ 398.04K
47
BUILDon
BUILDon
B
$ 0.16992
-0.92%
-0.62%
+7.80%
$ 170.54M
$ 722.98K
48
Raydium
Raydium
RAY
$ 0.6119
-0.02%
-1.45%
+0.54%
$ 165.12M
$ 112.48K
49
Compound
Compound
COMP
$ 16.23
-0.18%
-1.03%
-1.63%
$ 162.60M
$ 19.60K
50
MIOTAC
MIOTAC
IOTA
$ 0.03394
-0.12%
+2.28%
+7.51%
$ 152.88M
$ 1.77M

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.