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
$ 67.4
-0.27%
-4.98%
+1.57%
$ 17.10B
$ 20.25K
2
Lido Staked ETH
Lido Staked ETH
STETH
$ 1,713.08
-0.34%
-1.42%
-4.08%
$ 15.42B
$ 31.63
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,119.98
-0.35%
-0.90%
-4.47%
$ 7.67B
$ 6.10M
4
Chainlink
Chainlink
LINK
$ 7.832
-0.20%
-1.81%
-5.15%
$ 5.16B
$ 51.14K
5
LAB
LAB
LAB
$ 14.00623
+2.41%
+1.75%
+44.48%
$ 4.28B
$ 96.12K
6
UNISWAP
UNISWAP
UNI
$ 2.997
-0.46%
-0.26%
+8.07%
$ 1.87B
$ 77.94K
7
Aster
Aster
ASTER
$ 0.639
+0.02%
-1.19%
-1.13%
$ 1.73B
$ 1.71M
8
Ondo
Ondo
ONDO
$ 0.3336
-0.17%
-2.98%
-9.02%
$ 1.63B
$ 1.53M
9
Sky Protocol
Sky Protocol
SKY
$ 0.05919
-0.07%
+1.91%
+3.47%
$ 1.38B
$ 1.05M
10
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.17
0.00%
+0.00%
0.00%
$ 1.30B
$ 2.01M
11
DEXE
DEXE
DEXE
$ 14.357
+0.62%
-7.87%
-25.15%
$ 1.19B
$ 8.25K
12
AaveToken
AaveToken
AAVE
$ 73.86
-0.21%
-2.97%
+1.27%
$ 1.15B
$ 2.99K
13
MORPHO
MORPHO
MORPHO
$ 1.8065
-0.04%
-0.85%
-7.38%
$ 909.63M
$ 41.37K
14
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.07947
-0.55%
-0.39%
+2.14%
$ 849.18M
$ 1.92M
15
Ethena
Ethena
ENA
$ 0.08815
+0.17%
-0.77%
+5.07%
$ 826.68M
$ 6.04M
16
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.5
0.00%
+0.43%
-1.13%
$ 800.18M
$ 2.42M
17
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 81.71
+0.12%
+0.93%
-0.95%
$ 758.35M
$ 898.41K
18
Jupiter
Jupiter
JUP
$ 0.2155
-0.18%
+3.75%
+14.44%
$ 726.15M
$ 2.26M
19
JUST
JUST
JST
$ 0.08424
+0.19%
+0.33%
+6.67%
$ 717.08M
$ 638.71K
20
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.5119
-1.55%
-7.05%
+20.93%
$ 490.98M
$ 387.69K
21
Injective
Injective
INJ
$ 4.859
+0.08%
-3.77%
-11.57%
$ 487.26M
$ 255.51K
22
PancakeSwap
PancakeSwap
CAKE
$ 1.368
0.00%
-0.29%
-1.71%
$ 484.16M
$ 215.63K
23
Lighter
Lighter
LIT
$ 1.6003
+0.80%
+2.11%
-5.10%
$ 399.38M
$ 103.88K
24
SEI
SEI
SEI
$ 0.05464
+0.40%
+0.22%
+1.43%
$ 395.17M
$ 1.87M
25
Terra Classic
Terra Classic
LUNC
$ 0.00006697
-0.21%
-2.18%
-5.75%
$ 370.91M
$ 2.61B
26
TIA
TIA
TIA
$ 0.3657
+0.08%
-1.85%
-0.19%
$ 337.43M
$ 1.08M
27
SUN
SUN
SUN
$ 0.017263
+0.14%
+0.26%
+1.40%
$ 332.49M
$ 4.82M
28
JITO
JITO
JTO
$ 0.6591
-0.16%
-0.41%
-7.60%
$ 326.05M
$ 342.28K
29
tBTC
tBTC
TBTC
$ 63,607
-0.07%
-0.29%
-3.69%
$ 321.46M
$ 1.00M
30
Curve
Curve
CRV
$ 0.2084
-0.48%
-3.07%
-12.14%
$ 316.24M
$ 1.43M
31
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.335
+0.41%
-1.35%
+1.81%
$ 301.72M
$ 2.82M
32
Staked USDai
Staked USDai
SUSDAI
$ 1.091
0.00%
-0.01%
+0.09%
$ 292.91M
$ 1.59M
33
Pyth Network
Pyth Network
PYTH
$ 0.03588
-0.50%
-1.40%
-6.83%
$ 283.74M
$ 7.95M
34
Gnosis
Gnosis
GNO
$ 106.84
+0.26%
-0.93%
+1.09%
$ 283.33M
$ 548.45
35
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 1,827.96
-0.03%
-1.04%
-3.98%
$ 246.95M
$ 14.95
36
Pendle
Pendle
PENDLE
$ 1.424
-0.21%
+0.49%
+5.70%
$ 244.18M
$ 432.97K
37
Zebec Network
Zebec Network
ZBCN
$ 0.0024178
-0.14%
-3.19%
-12.22%
$ 241.33M
$ 50.59M
38
Olympus
Olympus
OHM
$ 15.92
+0.63%
-0.44%
-0.75%
$ 238.10M
$ 108.90K
39
Lido DAO
Lido DAO
LDO
$ 0.271
-0.04%
-2.23%
-0.29%
$ 228.83M
$ 411.16K
40
Telcoin
Telcoin
TEL
$ 0.002361
+0.68%
-0.67%
-7.95%
$ 228.08M
$ 35.40M
41
B
B
B
$ 0.22038
+0.12%
-3.15%
-12.64%
$ 220.52M
$ 322.06K
42
crvUSD
crvUSD
CRVUSD
$ 0.998836
0.00%
-0.01%
-0.06%
$ 207.75M
$ 5.70M
43
Falcon Finance
Falcon Finance
FF
$ 0.07035
-0.18%
-1.75%
-3.61%
$ 202.08M
$ 784.47K
44
Velvet
Velvet
VELVET
$ 0.47717
-0.63%
+0.18%
+37.10%
$ 201.88M
$ 2.17M
45
MIOTAC
MIOTAC
IOTA
$ 0.04406
-0.09%
-1.88%
-10.28%
$ 198.68M
$ 1.23M
46
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 101.25
-0.16%
+1.16%
-1.06%
$ 182.59M
$ 1.00M
47
Compound
Compound
COMP
$ 17.76
-0.67%
-0.67%
-1.16%
$ 178.26M
$ 3.51K
48
ETHGAS
ETHGAS
GWEI
$ 0.0967
-0.27%
-6.51%
-32.82%
$ 174.76M
$ 76.85K
49
Bitway
Bitway
BTW
$ 0.079918
-1.60%
-40.27%
-13.48%
$ 174.75M
$ 68.27M
50
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.11
0.00%
+0.00%
0.00%
$ 169.22M
$ 483.29K

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.