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

Lido Staked ETH

STETH

$ 2,505.47

+0.51%

+0.26%

-1.94%

$ 24.38B

$ 107.83

Hyperliquid

HYPE

$ 81.37

+0.29%

-0.75%

-5.63%

$ 20.89B

$ 14.88K

Wrapped stETH

WSTETH

$ 3,133.92

+0.37%

-0.00%

-2.02%

$ 11.58B

$ 5.61M

Chainlink

LINK

$ 12.947

+0.87%

+0.38%

-1.27%

$ 8.55B

$ 52.99K

Bitway

BTW

$ 2.499468

-3.56%

+41.76%

+87.57%

$ 7.49B

$ 1.71M

UNISWAP

UNI

$ 7.366

+1.11%

-0.28%

-4.94%

$ 4.65B

$ 73.63K

Ethena

ENA

$ 0.21022

+0.87%

-1.34%

-4.39%

$ 2.84B

$ 120.73M

AaveToken

AAVE

$ 159.7

+0.32%

+1.23%

-6.93%

$ 2.48B

$ 1.74K

Ondo

ONDO

$ 0.46456

+0.75%

-1.13%

-3.35%

$ 2.28B

$ 1.59M

Aster

ASTER

$ 0.6998

+0.39%

+1.27%

-1.80%

$ 1.90B

$ 1.40M

Sky Protocol

SKY

$ 0.07579

+0.07%

-0.99%

-2.44%

$ 1.80B

$ 916.35K

MORPHO

$ 2.3357

+0.64%

-1.02%

-6.45%

$ 1.26B

$ 25.46K

JUST

JST

$ 0.14053

+0.77%

+1.04%

+0.65%

$ 1.15B

$ 546.90K

Binance Staked SOL

BNSOL

$ 122.69

+0.81%

-0.00%

-6.01%

$ 1.11B

$ 755.29K

Jupiter

JUP

$ 0.3297

+0.54%

+0.09%

-13.31%

$ 1.11B

$ 548.78K

Polygon Ecosystem

POL

$ 0.09897

+0.38%

-4.34%

-1.71%

$ 1.07B

$ 2.27M

syrupUSDC

SYRUPUSDC

$ 1.19

0.00%

$ 1.06B

$ 1.71M

Aerodrome Finance

AERO

$ 0.9081

+1.18%

+1.76%

+16.86%

$ 918.25M

$ 3.51M

Jupiter Perpetuals Liquidity Provider Token

JLP

$ 4.63

+0.43%

-0.00%

-2.73%

$ 890.54M

$ 2.92M

Lighter

LIT

$ 3.3503

+0.74%

-0.33%

-6.59%

$ 845.35M

$ 1.18M

Injective

INJ

$ 8.078

-0.18%

+2.04%

+9.83%

$ 814.06M

$ 680.38K

PancakeSwap

CAKE

$ 2.359

+2.41%

+1.43%

+3.00%

$ 743.05M

$ 662.78K

Ether.Fi Foundation

ETHFI

$ 0.6716

+1.28%

-3.83%

-5.47%

$ 663.39M

$ 4.55M

Pyth Network

PYTH

$ 0.08108

+1.38%

-2.31%

+8.24%

$ 649.37M

$ 22.54M

Raydium

RAY

$ 2.0069

+0.08%

-4.38%

-17.79%

$ 544.91M

$ 47.87K

Curve

CRV

$ 0.3319

+0.54%

-4.32%

-13.77%

$ 528.86M

$ 2.48M

TIA

$ 0.5508

+0.29%

-9.09%

+16.12%

$ 514.33M

$ 4.50M

SEI

$ 0.06494

+1.60%

+3.55%

-6.44%

$ 499.06M

$ 4.40M

Staked USDai

SUSDAI

$ 1.12

0.00%

$ 468.24M

$ 2.64M

PayFi Strategy Token USDC

PSTUSDC

$ 1.14

0.00%

$ 404.59M

$ 1.00M

Staked Aave

STKAAVE

$ 159.85

+0.20%

0.00%

-6.93%

$ 396.94M

$ 1.64K

StakeWise Staked ETH

OSETH

$ 2,707.83

+0.36%

-0.00%

-2.04%

$ 394.32M

$ 160.87K

Pendle

PENDLE

$ 2.185

+1.66%

+4.31%

-4.26%

$ 383.13M

$ 398.27K

Falcon Finance

$ 0.11314

+0.11%

-0.59%

+4.77%

$ 376.93M

$ 687.77K

Plasma

XPL

$ 0.08164

+0.43%

+0.40%

-6.27%

$ 373.23M

$ 6.04M

Lido DAO

LDO

$ 0.4203

+0.38%

+1.75%

-5.97%

$ 352.98M

$ 557.03K

tBTC

TBTC

$ 83,667

+0.35%

-0.00%

+0.72%

$ 343.73M

$ 2.59M

Derive

DRV

$ 0.4418

+0.39%

+2.08%

-12.27%

$ 325.77M

$ 137.73K

SUN

$ 0.01664

0.00%

+0.73%

-2.23%

$ 319.95M

$ 10.20M

Gnosis

GNO

$ 116.32

+0.51%

+1.95%

-2.99%

$ 308.61M

$ 518.93

Olympus

OHM

$ 19.97

+0.15%

-0.00%

-1.24%

$ 298.25M

$ 163.26K

JITO

JTO

$ 0.521

+0.09%

-2.15%

-8.98%

$ 281.02M

$ 264.47K

Maple Finance

SYRUP

$ 0.22827

+0.22%

-12.40%

-1.42%

$ 275.06M

$ 643.54K

Terra Classic

LUNC

$ 0.00004923

+0.32%

-0.14%

-3.16%

$ 273.86M

$ 2.75B

Marinade Staked SOL

MSOL

$ 152.36

+0.64%

-0.00%

-6.06%

$ 243.31M

$ 556.69K

Spiko Amundi Overnight Swap Fund

SAFO

$ 1.024

0.00%

+0.10%

$ 233.27M

MIOTAC

IOTA

$ 0.04893

+0.63%

+0.16%

-9.60%

$ 231.79M

$ 1.34M

Compound

COMP

$ 22.99

+0.44%

-2.00%

-3.03%

$ 230.60M

$ 3.19K

Kamino

KMNO

$ 0.03951

+1.24%

+10.78%

+5.53%

$ 230.49M

$ 1.74M

Zebec Network

ZBCN

$ 0.002276

-0.04%

-1.67%

-4.01%

$ 227.77M

$ 87.95M

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.

What is a Decentralised Exchange (DEX) in the DeFi ecosystem?

How do Automated Market Makers (AMMs) work in DeFi protocols?

What is impermanent loss when providing liquidity to DeFi platforms?

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.

Top Decentralised Finance (DeFi) Tokens by Market Capitalisation

Tradeable Crypto

Category

Decentralized Finance (DeFi)

Smart Contract Platform

Layer 1 (L1)

Proof of Work (PoW)

Other Crypto

New Crypto

Frequently Asked Questions

Disclaimer