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
$ 2,573.49
-0.13%
-2.96%
+2.08%
$ 25.06B
$ 21.35
2
Hyperliquid
Hyperliquid
HYPE
$ 91.42
+0.40%
-1.78%
+14.36%
$ 22.95B
$ 25.72K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 3,202.57
0.00%
-0.02%
+2.29%
$ 12.01B
$ 49.55M
4
Chainlink
Chainlink
LINK
$ 11.988
-0.06%
-3.52%
+5.12%
$ 7.87B
$ 71.77K
5
UNISWAP
UNISWAP
UNI
$ 8.724
-0.47%
-6.28%
+38.40%
$ 5.42B
$ 164.27K
6
AaveToken
AaveToken
AAVE
$ 136.94
-0.09%
-5.51%
+8.26%
$ 2.11B
$ 2.37K
7
Ondo
Ondo
ONDO
$ 0.40908
+0.51%
+1.97%
+15.71%
$ 1.99B
$ 4.22M
8
Aster
Aster
ASTER
$ 0.7355
+0.31%
-2.71%
+5.94%
$ 1.99B
$ 4.16M
9
Ethena
Ethena
ENA
$ 0.19622
+0.48%
+1.91%
+37.65%
$ 1.97B
$ 449.81M
10
Bitway
Bitway
BTW
$ 0.613206
-0.06%
+0.94%
-19.80%
$ 1.72B
$ 1.07M
11
Sky Protocol
Sky Protocol
SKY
$ 0.06766
-0.16%
-5.15%
+7.51%
$ 1.58B
$ 1.27M
12
MORPHO
MORPHO
MORPHO
$ 2.5436
+0.08%
-7.56%
+14.29%
$ 1.34B
$ 82.30K
13
Lighter
Lighter
LIT
$ 4.6745
-0.70%
-7.42%
+2.60%
$ 1.17B
$ 2.31M
14
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 122.96
+0.38%
-0.02%
+7.31%
$ 1.13B
$ 872.80K
15
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.10464
+0.83%
+0.56%
+8.79%
$ 1.12B
$ 3.62M
16
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
0.00%
0.00%
$ 1.01B
$ 1.16M
17
JUST
JUST
JST
$ 0.11564
-0.03%
-2.20%
+1.53%
$ 946.29M
$ 570.50K
18
Jupiter
Jupiter
JUP
$ 0.2715
+1.27%
-1.13%
+15.01%
$ 900.21M
$ 1.54M
19
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 4.59
0.00%
-0.01%
+3.85%
$ 891.13M
$ 4.77M
20
PancakeSwap
PancakeSwap
CAKE
$ 2.372
-2.24%
-0.91%
+4.81%
$ 835.99M
$ 1.45M
21
Injective
Injective
INJ
$ 7.672
+0.89%
-0.21%
+25.41%
$ 766.68M
$ 1.28M
22
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.7021
+0.20%
-5.13%
+8.39%
$ 679.90M
$ 6.60M
23
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.6461
+0.89%
-4.01%
+13.52%
$ 643.55M
$ 4.68M
24
Curve
Curve
CRV
$ 0.3337
-0.21%
-2.59%
-5.62%
$ 516.32M
$ 2.54M
25
Staked USDai
Staked USDai
SUSDAI
$ 1.11
0.00%
0.00%
0.00%
$ 496.23M
$ 1.43M
26
Pyth Network
Pyth Network
PYTH
$ 0.0583
-0.12%
-2.95%
+3.62%
$ 459.35M
$ 11.84M
27
Pendle
Pendle
PENDLE
$ 2.572
-0.46%
-4.92%
+14.67%
$ 446.44M
$ 420.16K
28
Raydium
Raydium
RAY
$ 1.6423
+0.04%
-11.58%
+16.45%
$ 441.02M
$ 150.70K
29
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,761.44
+0.04%
+0.05%
+2.33%
$ 409.99M
$ 34.44K
30
Falcon Finance
Falcon Finance
FF
$ 0.13019
+0.83%
+1.43%
-8.92%
$ 405.44M
$ 620.23K
31
Derive
Derive
DRV
$ 0.388769
-3.17%
+0.02%
+172.78%
$ 388.65M
$ 107.84M
32
TIA
TIA
TIA
$ 0.4234
+0.79%
+2.95%
+17.70%
$ 387.84M
$ 2.74M
33
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.13
0.00%
0.00%
0.00%
$ 364.85M
$ 1.40K
34
SEI
SEI
SEI
$ 0.04772
+0.27%
-0.04%
+6.71%
$ 361.79M
$ 5.94M
35
Lido DAO
Lido DAO
LDO
$ 0.4118
+0.07%
+3.45%
+11.23%
$ 342.92M
$ 599.86K
36
tBTC
tBTC
TBTC
$ 80,356
-0.01%
-0.00%
+3.41%
$ 341.46M
$ 868.18K
37
Bedrock
Bedrock
BR
$ 1.1384
+2.44%
+21.14%
+173.63%
$ 339.92M
$ 267.84K
38
Staked Aave
Staked Aave
STKAAVE
$ 136.38
+0.16%
-0.03%
+8.80%
$ 339.52M
$ 17.76K
39
SUN
SUN
SUN
$ 0.017016
+0.01%
-0.32%
+0.01%
$ 326.64M
$ 12.71M
40
Gnosis
Gnosis
GNO
$ 117.35
-0.37%
-1.19%
+0.52%
$ 309.96M
$ 531.39
41
Olympus
Olympus
OHM
$ 19.98
0.00%
-0.00%
-1.82%
$ 298.16M
$ 76.93K
42
Terra Classic
Terra Classic
LUNC
$ 0.00005124
-0.12%
-1.08%
+1.32%
$ 282.58M
$ 2.17B
43
JITO
JITO
JTO
$ 0.5021
+0.38%
+11.15%
+14.99%
$ 261.14M
$ 240.92K
44
Maple Finance
Maple Finance
SYRUP
$ 0.2165
0.00%
-1.64%
-0.11%
$ 257.09M
$ 396.95K
45
Plasma
Plasma
XPL
$ 0.09003
+0.16%
-0.90%
+11.85%
$ 250.39M
$ 8.17M
46
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 152.47
+0.24%
-0.02%
+7.08%
$ 247.89M
$ 810.79K
47
Ethena Staked ENA
Ethena Staked ENA
SENA
$ 0.198231
0.00%
+0.08%
+38.68%
$ 245.87M
$ 638.02K
48
MIOTAC
MIOTAC
IOTA
$ 0.04725
+0.28%
+1.29%
+13.11%
$ 219.15M
$ 1.81M
49
crvUSD
crvUSD
CRVUSD
$ 0.998771
+0.01%
0.00%
-0.05%
$ 215.32M
$ 10.06M
50
Compound
Compound
COMP
$ 20.91
-0.57%
+0.19%
+7.04%
$ 209.90M
$ 3.04K

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.