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
$ 1,887.27
-0.69%
-1.18%
+2.00%
$ 17.00B
$ 28.74
2
Hyperliquid
Hyperliquid
HYPE
$ 55
-0.05%
+2.76%
-2.89%
$ 14.07B
$ 50.31K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,343.86
-0.67%
-0.00%
+2.02%
$ 8.60B
$ 5.61M
4
Chainlink
Chainlink
LINK
$ 8.282
-1.12%
-0.80%
-0.17%
$ 5.43B
$ 54.15K
5
UNISWAP
UNISWAP
UNI
$ 4.391
-1.93%
+9.87%
+20.17%
$ 2.75B
$ 118.16K
6
Ondo
Ondo
ONDO
$ 0.40212
-0.23%
-2.29%
+7.31%
$ 1.96B
$ 2.33M
7
Aster
Aster
ASTER
$ 0.6
-0.50%
+0.15%
-3.51%
$ 1.62B
$ 941.86K
8
AaveToken
AaveToken
AAVE
$ 98.07
-0.92%
+0.72%
+7.95%
$ 1.52B
$ 3.67K
9
Sky Protocol
Sky Protocol
SKY
$ 0.05748
-0.96%
+1.37%
-2.04%
$ 1.34B
$ 973.62K
10
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
0.00%
+0.85%
$ 1.06B
$ 1.45M
11
MORPHO
MORPHO
MORPHO
$ 1.9884
-0.30%
-0.34%
-1.91%
$ 997.12M
$ 32.51K
12
JUST
JUST
JST
$ 0.10274
+0.09%
+3.62%
-0.11%
$ 875.05M
$ 671.91K
13
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.58
-0.56%
0.00%
0.00%
$ 803.66M
$ 1.88M
14
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.0715
-0.52%
-0.56%
-7.28%
$ 761.33M
$ 2.25M
15
Ethena
Ethena
ENA
$ 0.0816
-0.44%
+2.74%
-6.91%
$ 751.96M
$ 6.95M
16
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 82.83
-0.56%
+0.00%
+0.11%
$ 749.68M
$ 352.96K
17
Jupiter
Jupiter
JUP
$ 0.1929
-0.46%
-1.53%
+4.66%
$ 641.48M
$ 495.39K
18
Lighter
Lighter
LIT
$ 2.1953
-0.70%
+0.07%
+10.57%
$ 551.65M
$ 133.39K
19
PancakeSwap
PancakeSwap
CAKE
$ 1.453
-0.07%
+4.46%
+4.16%
$ 511.26M
$ 751.90K
20
Injective
Injective
INJ
$ 4.914
-0.06%
+2.27%
-5.53%
$ 491.46M
$ 365.35K
21
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.4221
-0.94%
-3.84%
+1.34%
$ 403.06M
$ 161.70K
22
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.4025
-0.27%
-1.38%
-3.15%
$ 351.83M
$ 4.00M
23
SUN
SUN
SUN
$ 0.018037
-0.04%
+0.78%
-1.50%
$ 346.72M
$ 5.24M
24
Staked USDai
Staked USDai
SUSDAI
$ 1.1
0.00%
0.00%
+0.09%
$ 329.26M
$ 548.15K
25
Curve
Curve
CRV
$ 0.2083
-0.81%
-0.95%
+2.71%
$ 316.24M
$ 1.79M
26
Pyth Network
Pyth Network
PYTH
$ 0.03997
-0.72%
-2.66%
-8.92%
$ 314.29M
$ 7.73M
27
Lido DAO
Lido DAO
LDO
$ 0.3622
+0.11%
+2.30%
-3.47%
$ 307.04M
$ 707.46K
28
tBTC
tBTC
TBTC
$ 63,965
-0.28%
+0.00%
+0.38%
$ 306.28M
$ 9.03M
29
SEI
SEI
SEI
$ 0.04184
-0.57%
-0.10%
-5.00%
$ 301.41M
$ 1.31M
30
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,011.65
-0.77%
-0.00%
+2.00%
$ 295.99M
$ 325.01
31
TIA
TIA
TIA
$ 0.3207
-0.68%
+0.22%
-5.10%
$ 294.19M
$ 917.76K
32
Gnosis
Gnosis
GNO
$ 106.29
-0.22%
-0.74%
+0.58%
$ 281.37M
$ 514.09
33
Olympus
Olympus
OHM
$ 18.56
-0.27%
+0.00%
+0.65%
$ 277.11M
$ 106.29K
34
Terra Classic
Terra Classic
LUNC
$ 0.00004966
-0.86%
-1.26%
-5.99%
$ 272.98M
$ 3.17B
35
JITO
JITO
JTO
$ 0.5097
+0.69%
-1.58%
-13.62%
$ 247.07M
$ 186.65K
36
Pendle
Pendle
PENDLE
$ 1.413
-0.49%
+0.86%
-3.02%
$ 241.61M
$ 201.09K
37
Staked Aave
Staked Aave
STKAAVE
$ 98.1
-0.75%
+0.02%
+8.13%
$ 229.92M
$ 2.01K
38
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.12
0.00%
0.00%
0.00%
$ 216.14M
$ 20.06K
39
crvUSD
crvUSD
CRVUSD
$ 0.999124
0.00%
0.00%
-0.03%
$ 211.96M
$ 12.82M
40
DEXE
DEXE
DEXE
$ 2.484
-0.12%
-2.12%
-58.84%
$ 208.58M
$ 314.07K
41
Maple Finance
Maple Finance
SYRUP
$ 0.1601
-0.26%
-1.28%
-8.61%
$ 190.17M
$ 376.17K
42
Falcon Finance
Falcon Finance
FF
$ 0.06501
-0.15%
-1.63%
+7.64%
$ 186.82M
$ 1.69M
43
Velvet
Velvet
VELVET
$ 0.42157
+0.39%
-1.12%
-2.00%
$ 177.68M
$ 428.81K
44
Zebec Network
Zebec Network
ZBCN
$ 0.0017471
-0.25%
-4.79%
-6.99%
$ 177.16M
$ 145.71M
45
Bitway
Bitway
BTW
$ 0.080458
-1.53%
+1.35%
+18.41%
$ 175.45M
$ 8.12M
46
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 102.52
-0.56%
0.00%
0.00%
$ 173.74M
$ 1.18M
47
Telcoin
Telcoin
TEL
$ 0.001746
+0.23%
+0.46%
+5.31%
$ 167.55M
$ 54.62M
48
Compound
Compound
COMP
$ 16.56
-0.30%
-0.84%
-4.40%
$ 165.10M
$ 3.21K
49
Raydium
Raydium
RAY
$ 0.6078
-0.73%
+1.86%
-2.20%
$ 163.78M
$ 109.34K
50
BUILDon
BUILDon
B
$ 0.15706
+0.32%
+1.59%
-6.21%
$ 158.05M
$ 732.62K

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.