Top Decentralised Finance (DeFi) Tokens by Market Capitalisation

Decentralised Finance (DeFi) protocols utilise 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 centralised 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
$ 62.04
-0.13%
-0.83%
-8.05%
$ 15.72B
$ 14.31K
2
Lido Staked ETH
Lido Staked ETH
STETH
$ 1,562.74
-0.10%
-0.57%
-9.49%
$ 14.11B
$ 41.80
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 1,940.76
-0.27%
-1.38%
-9.39%
$ 7.16B
$ 1.67M
4
LAB
LAB
LAB
$ 16.81791
-1.23%
+4.72%
+0.62%
$ 5.29B
$ 24.34K
5
Chainlink
Chainlink
LINK
$ 7.231
+0.07%
-1.42%
-8.77%
$ 4.75B
$ 91.45K
6
DEXE
DEXE
DEXE
$ 22.316
-0.48%
+3.76%
+25.02%
$ 1.89B
$ 3.77K
7
UNISWAP
UNISWAP
UNI
$ 2.886
-0.07%
-1.97%
-4.02%
$ 1.80B
$ 43.78K
8
Aster
Aster
ASTER
$ 0.62
+0.08%
-0.58%
-2.30%
$ 1.67B
$ 966.29K
9
Ondo
Ondo
ONDO
$ 0.30773
+0.18%
-2.00%
-7.66%
$ 1.50B
$ 478.68K
10
AaveToken
AaveToken
AAVE
$ 90.09
+0.75%
-3.84%
+19.64%
$ 1.39B
$ 9.30K
11
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.17
0.00%
+0.01%
0.00%
$ 1.29B
$ 1.50M
12
Sky Protocol
Sky Protocol
SKY
$ 0.04971
-0.30%
+0.69%
-15.98%
$ 1.16B
$ 1.12M
13
MORPHO
MORPHO
MORPHO
$ 1.7306
+0.02%
-1.71%
-4.13%
$ 865.44M
$ 49.79K
14
Velvet
Velvet
VELVET
$ 1.8421
+1.34%
+34.61%
+243.04%
$ 769.88M
$ 4.88M
15
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.4
-0.29%
-0.80%
-2.86%
$ 764.09M
$ 2.30M
16
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.07062
0.00%
+0.49%
-10.79%
$ 759.30M
$ 1.97M
17
JUST
JUST
JST
$ 0.08842
+0.06%
+3.70%
+6.44%
$ 758.43M
$ 898.58K
18
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 79.28
-0.05%
-1.12%
-2.34%
$ 728.40M
$ 1.75M
19
Jupiter
Jupiter
JUP
$ 0.2093
-0.05%
-5.00%
-0.43%
$ 699.59M
$ 1.08M
20
Ethena
Ethena
ENA
$ 0.07538
+0.11%
-3.34%
-19.13%
$ 699.45M
$ 7.62M
21
PancakeSwap
PancakeSwap
CAKE
$ 1.331
-0.30%
+0.30%
-2.56%
$ 469.39M
$ 348.08K
22
Injective
Injective
INJ
$ 4.594
+0.13%
-4.18%
-5.60%
$ 458.47M
$ 273.28K
23
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.4727
-0.52%
+1.28%
-13.43%
$ 452.40M
$ 590.14K
24
Lighter
Lighter
LIT
$ 1.7419
+0.68%
+1.30%
+7.27%
$ 437.83M
$ 62.52K
25
JITO
JITO
JTO
$ 0.82
+0.57%
+1.82%
+23.96%
$ 400.14M
$ 259.37K
26
SEI
SEI
SEI
$ 0.04931
-0.06%
-2.75%
-9.81%
$ 354.83M
$ 1.23M
27
TIA
TIA
TIA
$ 0.3681
-0.08%
-1.32%
-6.73%
$ 337.71M
$ 1.42M
28
Terra Classic
Terra Classic
LUNC
$ 0.00006059
+0.36%
-1.20%
-8.50%
$ 335.16M
$ 1.84B
29
SUN
SUN
SUN
$ 0.016778
-0.08%
+0.71%
-3.75%
$ 322.95M
$ 9.78M
30
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.3384
-0.21%
-3.56%
-3.12%
$ 298.11M
$ 2.50M
31
Staked USDai
Staked USDai
SUSDAI
$ 1.092
0.00%
+0.03%
0.00%
$ 297.44M
$ 580.22K
32
tBTC
tBTC
TBTC
$ 59,391
-0.06%
-1.78%
-7.52%
$ 294.20M
$ 1.76M
33
Curve
Curve
CRV
$ 0.19
+0.32%
-1.20%
-9.79%
$ 288.02M
$ 968.81K
34
ETHGAS
ETHGAS
GWEI
$ 0.16182
-0.36%
+24.64%
+35.88%
$ 283.36M
$ 1.81M
35
Gnosis
Gnosis
GNO
$ 105.87
+0.16%
+1.89%
-0.24%
$ 280.10M
$ 539.38
36
Pyth Network
Pyth Network
PYTH
$ 0.03363
+0.54%
-0.38%
-9.04%
$ 266.25M
$ 4.44M
37
Olympus
Olympus
OHM
$ 15.79
+0.51%
-1.35%
-0.25%
$ 236.21M
$ 136.72K
38
Zebec Network
Zebec Network
ZBCN
$ 0.0023041
-0.37%
-1.60%
-5.90%
$ 230.14M
$ 71.19M
39
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 1,680.85
0.00%
-0.54%
-8.94%
$ 227.06M
$ 18.36
40
Telcoin
Telcoin
TEL
$ 0.002298
-0.39%
-3.15%
-17.23%
$ 221.55M
$ 37.56M
41
B
B
B
$ 0.21846
-0.28%
-6.19%
-7.31%
$ 219.27M
$ 394.05K
42
Pendle
Pendle
PENDLE
$ 1.239
+0.16%
-0.80%
-9.97%
$ 211.37M
$ 207.72K
43
Lido DAO
Lido DAO
LDO
$ 0.2441
+0.08%
-1.26%
-10.33%
$ 205.48M
$ 317.78K
44
Staked Aave
Staked Aave
STKAAVE
$ 89.65
+0.63%
-5.12%
+20.82%
$ 193.93M
$ 3.62K
45
Falcon Finance
Falcon Finance
FF
$ 0.06632
0.00%
+0.18%
-4.80%
$ 191.13M
$ 910.20K
46
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.11
0.00%
-0.00%
0.00%
$ 180.51M
$ 92.63K
47
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 98.4
-0.23%
-0.98%
-2.30%
$ 176.73M
$ 772.68K
48
Plasma
Plasma
XPL
$ 0.09655
+0.27%
-5.03%
+12.84%
$ 173.79M
$ 3.51M
49
crvUSD
crvUSD
CRVUSD
$ 0.998795
+0.03%
-0.02%
0.00%
$ 171.12M
$ 5.08M
50
Maple Finance
Maple Finance
SYRUP
$ 0.13659
+0.23%
-4.66%
-2.41%
$ 164.28M
$ 738.21K

Frequently Asked Questions

What does Decentralised Finance (DeFi) mean in the Web3 ecosystem?
Decentralised Finance (DeFi) represents a financial system built entirely on blockchain networks. DeFi utilises smart contracts to offer lending, borrowing, and trading services without relying on centralised 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 Decentralised 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 decentralised 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.