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
$ 67.8
-0.35%
-2.42%
+0.83%
$ 17.30B
$ 18.91K
2
Lido Staked ETH
Lido Staked ETH
STETH
$ 1,712.86
-0.26%
-0.10%
-4.56%
$ 15.57B
$ 31.90
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,145.52
+0.03%
+0.37%
-4.14%
$ 7.74B
$ 6.02M
4
Chainlink
Chainlink
LINK
$ 7.826
-0.26%
+0.04%
-5.20%
$ 5.21B
$ 44.48K
5
LAB
LAB
LAB
$ 13.62205
-0.71%
-0.36%
+36.93%
$ 4.14B
$ 90.28K
6
UNISWAP
UNISWAP
UNI
$ 2.998
-0.43%
+1.00%
+10.89%
$ 1.89B
$ 79.58K
7
Aster
Aster
ASTER
$ 0.6366
-0.25%
-1.16%
-2.22%
$ 1.72B
$ 1.63M
8
Ondo
Ondo
ONDO
$ 0.33502
-0.47%
-0.73%
-8.87%
$ 1.65B
$ 1.37M
9
Sky Protocol
Sky Protocol
SKY
$ 0.0591
-0.33%
+2.06%
+3.67%
$ 1.39B
$ 1.06M
10
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.17
0.00%
+0.02%
0.00%
$ 1.30B
$ 2.41M
11
DEXE
DEXE
DEXE
$ 14.119
+0.58%
-8.24%
-25.43%
$ 1.19B
$ 9.38K
12
AaveToken
AaveToken
AAVE
$ 73.79
-0.20%
-0.71%
+0.38%
$ 1.15B
$ 3.00K
13
MORPHO
MORPHO
MORPHO
$ 1.811
-0.43%
+0.01%
-7.10%
$ 915.71M
$ 41.29K
14
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.07981
+0.50%
+1.64%
+4.12%
$ 869.97M
$ 1.85M
15
Ethena
Ethena
ENA
$ 0.0892
-1.00%
+1.95%
+3.24%
$ 832.07M
$ 5.40M
16
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.52
-0.28%
+1.79%
-1.12%
$ 805.93M
$ 2.30M
17
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 82.85
-0.23%
+3.57%
-0.47%
$ 767.80M
$ 922.97K
18
Jupiter
Jupiter
JUP
$ 0.2165
+0.18%
+5.39%
+12.48%
$ 721.17M
$ 2.31M
19
JUST
JUST
JST
$ 0.08365
+0.11%
-0.92%
+6.47%
$ 714.09M
$ 636.12K
20
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.5185
-0.58%
-3.86%
+21.36%
$ 508.22M
$ 408.76K
21
Injective
Injective
INJ
$ 4.857
-0.44%
-1.45%
-12.83%
$ 494.46M
$ 214.87K
22
PancakeSwap
PancakeSwap
CAKE
$ 1.369
-0.14%
+0.95%
-1.57%
$ 486.27M
$ 198.02K
23
SEI
SEI
SEI
$ 0.05413
-0.02%
+1.78%
+1.74%
$ 396.33M
$ 2.81M
24
Lighter
Lighter
LIT
$ 1.5698
-1.14%
+3.83%
-7.53%
$ 395.60M
$ 114.87K
25
Terra Classic
Terra Classic
LUNC
$ 0.00006702
-0.24%
-0.93%
-5.06%
$ 374.38M
$ 2.41B
26
TIA
TIA
TIA
$ 0.3639
-0.59%
-0.48%
-0.51%
$ 340.10M
$ 993.86K
27
SUN
SUN
SUN
$ 0.017229
0.00%
+0.25%
+0.65%
$ 331.87M
$ 5.67M
28
JITO
JITO
JTO
$ 0.6746
-1.49%
+0.43%
-9.14%
$ 328.75M
$ 333.52K
29
tBTC
tBTC
TBTC
$ 64,068
-0.09%
+0.52%
-3.35%
$ 323.33M
$ 905.69K
30
Curve
Curve
CRV
$ 0.2085
0.00%
-0.84%
-12.45%
$ 320.94M
$ 1.33M
31
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.338
-0.98%
-0.52%
+1.12%
$ 302.68M
$ 2.57M
32
Staked USDai
Staked USDai
SUSDAI
$ 1.091
0.00%
+0.01%
+0.09%
$ 292.93M
$ 1.59M
33
Pyth Network
Pyth Network
PYTH
$ 0.03596
-0.71%
+1.16%
-7.74%
$ 288.22M
$ 7.68M
34
Gnosis
Gnosis
GNO
$ 107.05
-0.41%
+0.33%
+1.40%
$ 286.68M
$ 556.79
35
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 1,843.07
-0.21%
+0.32%
-4.21%
$ 248.97M
$ 326.02
36
Pendle
Pendle
PENDLE
$ 1.421
-0.89%
+3.81%
+5.02%
$ 246.57M
$ 413.53K
37
Zebec Network
Zebec Network
ZBCN
$ 0.0024125
+0.22%
-2.51%
-11.26%
$ 244.33M
$ 54.16M
38
Olympus
Olympus
OHM
$ 15.87
+0.25%
-0.42%
-2.28%
$ 236.46M
$ 99.75K
39
Lido DAO
Lido DAO
LDO
$ 0.2698
-0.86%
+0.47%
+0.07%
$ 232.71M
$ 356.89K
40
Telcoin
Telcoin
TEL
$ 0.002365
0.00%
-0.92%
-9.21%
$ 227.22M
$ 34.02M
41
B
B
B
$ 0.22051
-0.10%
-2.91%
-12.28%
$ 220.92M
$ 326.28K
42
Velvet
Velvet
VELVET
$ 0.48812
-0.81%
+0.49%
+49.37%
$ 208.50M
$ 2.19M
43
crvUSD
crvUSD
CRVUSD
$ 0.999234
+0.02%
+0.02%
-0.03%
$ 207.81M
$ 2.95M
44
Falcon Finance
Falcon Finance
FF
$ 0.07084
+0.04%
-0.38%
-2.68%
$ 204.36M
$ 772.06K
45
MIOTAC
MIOTAC
IOTA
$ 0.04416
-0.33%
-0.58%
-9.45%
$ 201.02M
$ 1.25M
46
Bitway
Bitway
BTW
$ 0.080359
-3.12%
-40.24%
-5.27%
$ 187.52M
$ 71.61M
47
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 102.56
-0.45%
+3.65%
-0.51%
$ 184.74M
$ 650.73K
48
Compound
Compound
COMP
$ 17.85
-0.38%
+1.62%
+1.06%
$ 181.56M
$ 3.45K
49
ETHGAS
ETHGAS
GWEI
$ 0.10063
-0.47%
-7.20%
-31.55%
$ 176.75M
$ 61.42K
50
Raydium
Raydium
RAY
$ 0.6264
-0.27%
+2.36%
-0.81%
$ 171.55M
$ 103.73K

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.