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
$ 67.52
-1.56%
+10.96%
+13.55%
$ 17.06B
$ 76.42K
2
Lido Staked ETH
Lido Staked ETH
STETH
$ 1,818.06
-0.59%
+8.78%
+9.66%
$ 16.34B
$ 32.68
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,248.79
-0.73%
+10.46%
+9.48%
$ 8.04B
$ 52.02M
4
Chainlink
Chainlink
LINK
$ 8.417
-1.04%
+6.65%
+5.98%
$ 5.51B
$ 209.94K
5
LAB
LAB
LAB
$ 9.90595
+1.41%
+0.41%
+1.64%
$ 3.04B
$ 60.39K
6
Ondo
Ondo
ONDO
$ 0.37561
-1.77%
+7.69%
+3.08%
$ 1.83B
$ 4.41M
7
Aster
Aster
ASTER
$ 0.6496
-0.25%
+4.21%
+3.91%
$ 1.75B
$ 3.35M
8
UNISWAP
UNISWAP
UNI
$ 2.684
-0.85%
+7.49%
+7.28%
$ 1.67B
$ 97.70K
9
DEXE
DEXE
DEXE
$ 18.912
+0.13%
+6.70%
-2.20%
$ 1.59B
$ 7.45K
10
Sky Protocol
Sky Protocol
SKY
$ 0.05759
-0.69%
+1.26%
+3.29%
$ 1.34B
$ 1.20M
11
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.17
0.00%
-0.00%
0.00%
$ 1.32B
$ 984.37K
12
AaveToken
AaveToken
AAVE
$ 74.5
-2.01%
+12.43%
+19.39%
$ 1.14B
$ 11.79K
13
MORPHO
MORPHO
MORPHO
$ 1.9568
+0.12%
+0.10%
+0.23%
$ 980.75M
$ 53.35K
14
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.07833
-0.70%
+3.94%
+3.21%
$ 833.40M
$ 3.44M
15
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 83.53
-0.80%
+12.01%
+14.53%
$ 822.68M
$ 1.39M
16
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.57
-0.56%
+6.50%
+8.18%
$ 809.41M
$ 5.58M
17
Ethena
Ethena
ENA
$ 0.0864
-2.28%
+5.50%
+4.07%
$ 796.66M
$ 11.06M
18
JUST
JUST
JST
$ 0.07872
+0.41%
+1.90%
-4.32%
$ 671.97M
$ 957.01K
19
Jupiter
Jupiter
JUP
$ 0.1947
-2.02%
+13.77%
+23.93%
$ 644.80M
$ 2.62M
20
Injective
Injective
INJ
$ 5.611
-1.92%
+11.12%
-0.94%
$ 556.34M
$ 743.23K
21
PancakeSwap
PancakeSwap
CAKE
$ 1.406
-0.64%
+4.07%
+6.84%
$ 494.37M
$ 452.88K
22
Lighter
Lighter
LIT
$ 1.6712
-2.50%
+4.91%
-0.21%
$ 419.13M
$ 188.25K
23
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.4323
-0.12%
+21.57%
+28.39%
$ 411.82M
$ 315.35K
24
Terra Classic
Terra Classic
LUNC
$ 0.00007134
-0.74%
+1.94%
+1.29%
$ 394.46M
$ 3.11B
25
SEI
SEI
SEI
$ 0.05425
-1.36%
+1.02%
+11.90%
$ 391.49M
$ 2.35M
26
JITO
JITO
JTO
$ 0.7732
+1.85%
+40.69%
+25.72%
$ 372.35M
$ 1.11M
27
Curve
Curve
CRV
$ 0.2374
-0.67%
+3.23%
+16.83%
$ 359.01M
$ 3.00M
28
TIA
TIA
TIA
$ 0.3668
-1.83%
+7.42%
+12.18%
$ 335.41M
$ 2.29M
29
tBTC
tBTC
TBTC
$ 66,434
-0.43%
+4.49%
+7.09%
$ 333.05M
$ 10.79M
30
SUN
SUN
SUN
$ 0.017126
0.00%
+1.63%
-0.93%
$ 328.99M
$ 9.58M
31
Pyth Network
Pyth Network
PYTH
$ 0.03909
-2.43%
+2.12%
+24.00%
$ 306.81M
$ 11.51M
32
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.3398
-1.80%
+7.56%
+10.36%
$ 298.37M
$ 8.85M
33
Staked USDai
Staked USDai
SUSDAI
$ 1.09
0.00%
+0.04%
+0.09%
$ 290.83M
$ 1.38M
34
Zebec Network
Zebec Network
ZBCN
$ 0.0028285
-1.32%
+11.29%
+15.02%
$ 283.94M
$ 61.07M
35
Gnosis
Gnosis
GNO
$ 106.49
-0.97%
-1.81%
+11.90%
$ 281.27M
$ 609.25
36
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 1,922.89
-0.94%
+10.34%
+9.68%
$ 260.31M
$ 285.11K
37
ETHGAS
ETHGAS
GWEI
$ 0.148
+1.45%
-14.33%
-11.29%
$ 256.55M
$ 351.02K
38
B
B
B
$ 0.25132
0.00%
+8.10%
-5.29%
$ 253.36M
$ 425.50K
39
Telcoin
Telcoin
TEL
$ 0.00261
-0.08%
+9.35%
+10.27%
$ 250.56M
$ 45.90M
40
Olympus
Olympus
OHM
$ 16.53
-0.78%
+2.77%
-1.31%
$ 247.57M
$ 304.58K
41
Pendle
Pendle
PENDLE
$ 1.382
-0.86%
+4.54%
+9.51%
$ 236.15M
$ 440.50K
42
Lido DAO
Lido DAO
LDO
$ 0.2758
-1.04%
+6.76%
+5.02%
$ 232.96M
$ 641.29K
43
MIOTAC
MIOTAC
IOTA
$ 0.04996
-0.87%
+7.48%
+8.81%
$ 224.59M
$ 1.32M
44
Falcon Finance
Falcon Finance
FF
$ 0.07247
+0.12%
+3.46%
-5.82%
$ 208.84M
$ 1.08M
45
crvUSD
crvUSD
CRVUSD
$ 0.999782
+0.02%
+0.04%
+0.09%
$ 208.15M
$ 36.10M
46
Bitway
Bitway
BTW
$ 0.089853
+0.86%
-8.09%
+14.08%
$ 199.52M
$ 2.80M
47
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 103.6
-0.83%
+12.11%
+14.35%
$ 187.15M
$ 1.41M
48
Compound
Compound
COMP
$ 17.95
-1.53%
+3.15%
-4.10%
$ 179.66M
$ 3.83K
49
Raydium
Raydium
RAY
$ 0.6467
-1.03%
+8.32%
+11.42%
$ 173.81M
$ 117.63K
50
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.11
0.00%
+0.03%
0.00%
$ 169.09M
$ 86.86K

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.