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
Hyperliquid
Hyperliquid
HYPE
$ 62.93
+1.14%
+1.67%
-2.90%
$ 15.55B
$ 24.01K
2
Lido Staked ETH
Lido Staked ETH
STETH
$ 1,720.44
+0.89%
+0.18%
-0.72%
$ 15.03B
$ 33.86
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,095.66
+1.44%
-0.16%
-0.34%
$ 7.49B
$ 1.73M
4
Chainlink
Chainlink
LINK
$ 8.078
+1.60%
-0.08%
-0.42%
$ 5.25B
$ 60.26K
5
LAB
LAB
LAB
$ 10.25558
+1.26%
+5.38%
-18.24%
$ 3.07B
$ 44.02K
6
Ondo
Ondo
ONDO
$ 0.36604
+2.19%
-3.22%
-2.68%
$ 1.74B
$ 2.03M
7
Aster
Aster
ASTER
$ 0.6349
+0.35%
-2.22%
-1.42%
$ 1.69B
$ 873.66K
8
UNISWAP
UNISWAP
UNI
$ 2.569
+1.76%
-0.63%
-0.31%
$ 1.58B
$ 59.28K
9
DEXE
DEXE
DEXE
$ 17.639
+0.84%
+2.64%
-16.38%
$ 1.50B
$ 5.15K
10
Sky Protocol
Sky Protocol
SKY
$ 0.05746
+0.65%
+2.56%
-1.95%
$ 1.33B
$ 943.42K
11
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.17
0.00%
+0.02%
0.00%
$ 1.33B
$ 447.63K
12
AaveToken
AaveToken
AAVE
$ 67.93
+1.59%
-0.04%
+5.20%
$ 1.03B
$ 2.66K
13
MORPHO
MORPHO
MORPHO
$ 1.9739
+0.53%
+0.24%
+8.80%
$ 984.97M
$ 36.33K
14
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.07688
+0.76%
-0.66%
-3.56%
$ 807.87M
$ 1.96M
15
Ethena
Ethena
ENA
$ 0.08415
+2.58%
-1.66%
-4.04%
$ 774.63M
$ 4.93M
16
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.42
+1.18%
-0.35%
+1.79%
$ 773.16M
$ 2.36M
17
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 77.57
+2.42%
-0.44%
+3.26%
$ 763.76M
$ 788.83K
18
JUST
JUST
JST
$ 0.07787
+1.15%
+4.69%
-2.79%
$ 667.01M
$ 1.06M
19
Jupiter
Jupiter
JUP
$ 0.1745
+1.52%
-1.31%
+7.98%
$ 575.41M
$ 935.47K
20
Injective
Injective
INJ
$ 5.211
+1.72%
-2.95%
-11.25%
$ 509.25M
$ 249.19K
21
PancakeSwap
PancakeSwap
CAKE
$ 1.383
+1.26%
+1.26%
+3.88%
$ 480.99M
$ 403.62K
22
Lighter
Lighter
LIT
$ 1.6634
+2.24%
-0.76%
+9.81%
$ 408.45M
$ 133.38K
23
Terra Classic
Terra Classic
LUNC
$ 0.00007248
+1.63%
-3.14%
-1.83%
$ 393.22M
$ 2.53B
24
SEI
SEI
SEI
$ 0.05489
+1.34%
+0.31%
+9.59%
$ 386.13M
$ 5.42M
25
Curve
Curve
CRV
$ 0.2351
+0.96%
-2.77%
+15.52%
$ 351.06M
$ 1.82M
26
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.3723
+1.55%
-0.30%
+5.28%
$ 343.98M
$ 227.43K
27
tBTC
tBTC
TBTC
$ 64,982
+1.61%
-0.13%
+2.67%
$ 324.21M
$ 5.31M
28
SUN
SUN
SUN
$ 0.016897
+0.12%
-0.60%
-3.90%
$ 324.10M
$ 8.86M
29
TIA
TIA
TIA
$ 0.3504
+2.33%
-0.20%
+8.53%
$ 319.49M
$ 902.14K
30
Pyth Network
Pyth Network
PYTH
$ 0.03939
+2.75%
+3.02%
+23.00%
$ 308.70M
$ 19.78M
31
ETHGAS
ETHGAS
GWEI
$ 0.1728
+0.59%
+1.04%
+3.11%
$ 301.25M
$ 178.56K
32
Staked USDai
Staked USDai
SUSDAI
$ 1.09
0.00%
+0.05%
0.00%
$ 290.52M
$ 672.69K
33
Gnosis
Gnosis
GNO
$ 108.05
+0.22%
+1.53%
+12.66%
$ 287.07M
$ 547.33
34
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.3267
+1.30%
+0.47%
+4.04%
$ 281.02M
$ 4.39M
35
JITO
JITO
JTO
$ 0.5629
+0.77%
+0.73%
-9.53%
$ 266.49M
$ 297.35K
36
Zebec Network
Zebec Network
ZBCN
$ 0.0026049
+0.90%
-3.46%
+0.75%
$ 257.42M
$ 43.95M
37
Olympus
Olympus
OHM
$ 16.5
+1.91%
-1.63%
-3.96%
$ 247.00M
$ 2.58K
38
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 1,806.94
+2.14%
-0.27%
+0.09%
$ 243.05M
$ 3.63K
39
B
B
B
$ 0.23681
-0.01%
+5.40%
-23.63%
$ 234.34M
$ 528.35K
40
Telcoin
Telcoin
TEL
$ 0.002445
+1.05%
+0.50%
-1.31%
$ 231.54M
$ 33.17M
41
Pendle
Pendle
PENDLE
$ 1.376
+2.27%
+1.73%
+5.38%
$ 231.02M
$ 398.70K
42
Lido DAO
Lido DAO
LDO
$ 0.2683
+1.39%
-0.83%
-2.13%
$ 221.24M
$ 334.58K
43
Bitway
Bitway
BTW
$ 0.095177
+0.08%
+12.28%
+63.70%
$ 217.26M
$ 6.74M
44
MIOTAC
MIOTAC
IOTA
$ 0.04763
+2.00%
+2.17%
-0.42%
$ 213.10M
$ 1.29M
45
Falcon Finance
Falcon Finance
FF
$ 0.07196
+0.98%
-9.00%
-19.17%
$ 203.84M
$ 1.40M
46
crvUSD
crvUSD
CRVUSD
$ 1.0
+0.07%
-0.00%
+0.04%
$ 193.49M
$ 7.33M
47
Compound
Compound
COMP
$ 17.8
+1.09%
0.00%
-4.75%
$ 176.06M
$ 4.82K
48
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 95.69
+1.88%
-0.62%
+3.24%
$ 172.33M
$ 320.35K
49
Stargate Finance
Stargate Finance
STG
$ 0.2569
+1.15%
-17.95%
-1.61%
$ 169.20M
$ 1.61M
50
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.11
0.00%
+0.01%
0.00%
$ 168.30M
$ 151.84K

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.