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
$ 70.91
-0.67%
-1.00%
+8.63%
$ 18.00B
$ 30.89K
2
Lido Staked ETH
Lido Staked ETH
STETH
$ 1,785.43
+0.02%
+0.87%
+12.62%
$ 16.11B
$ 33.49
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,210.52
-0.66%
-0.00%
+12.04%
$ 8.35B
$ 5.58M
4
Chainlink
Chainlink
LINK
$ 7.944
-0.05%
-0.45%
+9.48%
$ 5.23B
$ 105.89K
5
LAB
LAB
LAB
$ 15.01568
+2.49%
-10.54%
+18.26%
$ 4.59B
$ 197.14K
6
DEXE
DEXE
DEXE
$ 27.508
+1.07%
+10.16%
+21.14%
$ 2.32B
$ 21.20K
7
UNISWAP
UNISWAP
UNI
$ 3.158
+0.10%
-0.13%
+11.42%
$ 1.97B
$ 74.25K
8
Aster
Aster
ASTER
$ 0.6365
+0.13%
-0.19%
+1.69%
$ 1.72B
$ 1.16M
9
Ondo
Ondo
ONDO
$ 0.3314
-0.22%
+1.27%
+6.08%
$ 1.62B
$ 1.14M
10
AaveToken
AaveToken
AAVE
$ 91.89
-1.06%
+4.03%
+5.82%
$ 1.42B
$ 8.04K
11
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.17
0.00%
0.00%
0.00%
$ 1.37B
$ 4.37M
12
Sky Protocol
Sky Protocol
SKY
$ 0.0554
-0.14%
-3.20%
+5.44%
$ 1.29B
$ 1.17M
13
MORPHO
MORPHO
MORPHO
$ 2.0133
+0.26%
+4.60%
+6.25%
$ 1.02B
$ 87.88K
14
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.73
-0.27%
+0.01%
+5.97%
$ 843.23M
$ 4.71M
15
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 91.56
-0.38%
+0.00%
+8.37%
$ 822.17M
$ 1.55M
16
JUST
JUST
JST
$ 0.09331
+0.66%
+1.54%
+6.75%
$ 799.01M
$ 860.77K
17
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.07438
+0.04%
+1.20%
+7.16%
$ 794.27M
$ 1.52M
18
Jupiter
Jupiter
JUP
$ 0.2375
+0.29%
-3.83%
+9.40%
$ 792.56M
$ 1.32M
19
Ethena
Ethena
ENA
$ 0.07742
+0.37%
-1.12%
+7.69%
$ 723.43M
$ 8.14M
20
Lighter
Lighter
LIT
$ 2.5984
+0.48%
-2.86%
+37.83%
$ 651.40M
$ 390.53K
21
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.5868
+0.39%
+3.98%
+23.34%
$ 564.33M
$ 367.44K
22
PancakeSwap
PancakeSwap
CAKE
$ 1.43
+0.07%
-0.83%
+8.40%
$ 504.22M
$ 533.98K
23
Injective
Injective
INJ
$ 4.78
+0.10%
-0.52%
+3.00%
$ 481.06M
$ 382.89K
24
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.4415
+0.16%
+1.78%
+37.32%
$ 388.55M
$ 8.28M
25
JITO
JITO
JTO
$ 0.7706
-0.28%
+5.71%
+1.76%
$ 373.90M
$ 259.95K
26
SEI
SEI
SEI
$ 0.05035
+0.50%
+2.68%
+5.95%
$ 365.29M
$ 1.67M
27
Pyth Network
Pyth Network
PYTH
$ 0.04489
+0.36%
+11.06%
+14.13%
$ 355.00M
$ 36.37M
28
TIA
TIA
TIA
$ 0.3782
+0.37%
-3.94%
+4.94%
$ 349.48M
$ 1.97M
29
Terra Classic
Terra Classic
LUNC
$ 0.00006206
+0.21%
+1.29%
+4.87%
$ 343.27M
$ 3.65B
30
SUN
SUN
SUN
$ 0.017837
+0.25%
-0.41%
+9.65%
$ 343.05M
$ 9.31M
31
Curve
Curve
CRV
$ 0.2161
-0.60%
+1.69%
+15.51%
$ 328.67M
$ 2.51M
32
tBTC
tBTC
TBTC
$ 63,717
-0.09%
+0.00%
+7.66%
$ 318.86M
$ 3.34M
33
Staked USDai
Staked USDai
SUSDAI
$ 1.095
0.00%
0.00%
+0.18%
$ 298.18M
$ 915.79K
34
Gnosis
Gnosis
GNO
$ 105.8
+0.03%
+1.04%
+0.57%
$ 280.29M
$ 688.02
35
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 1,905.15
-0.31%
0.00%
+12.02%
$ 258.81M
$ 14.47K
36
Olympus
Olympus
OHM
$ 16.97
-0.24%
-0.00%
+6.39%
$ 253.66M
$ 141.75K
37
Pendle
Pendle
PENDLE
$ 1.425
-0.14%
+2.00%
+5.69%
$ 244.35M
$ 365.44K
38
ETHGAS
ETHGAS
GWEI
$ 0.13688
-0.54%
-2.77%
+15.35%
$ 240.61M
$ 817.29K
39
Lido DAO
Lido DAO
LDO
$ 0.2821
+1.18%
+4.87%
+16.39%
$ 239.45M
$ 525.63K
40
Grove
Grove
GROVE
$ 0.03231967
--
+0.26%
--
$ 226.24M
$ 970.84K
41
Telcoin
Telcoin
TEL
$ 0.002311
+0.09%
+0.74%
+1.80%
$ 222.60M
$ 70.91M
42
Zebec Network
Zebec Network
ZBCN
$ 0.0021383
-0.35%
-0.97%
-0.55%
$ 216.15M
$ 91.85M
43
Maple Finance
Maple Finance
SYRUP
$ 0.17577
+0.38%
+6.42%
+24.58%
$ 209.21M
$ 803.82K
44
Staked Aave
Staked Aave
STKAAVE
$ 91.87
-1.43%
+0.04%
+5.59%
$ 205.66M
$ 71.03K
45
crvUSD
crvUSD
CRVUSD
$ 0.999436
-0.01%
0.00%
+0.09%
$ 200.81M
$ 23.46M
46
Raydium
Raydium
RAY
$ 0.7409
+0.42%
+2.22%
+21.61%
$ 199.76M
$ 98.96K
47
Velvet
Velvet
VELVET
$ 0.47988
-0.93%
-4.34%
-70.28%
$ 199.03M
$ 2.08M
48
Plasma
Plasma
XPL
$ 0.10909
+0.54%
-0.29%
+22.34%
$ 198.22M
$ 10.05M
49
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 113.64
-0.19%
+0.01%
+8.52%
$ 196.91M
$ 1.07M
50
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.12
0.00%
0.00%
+0.90%
$ 192.84M
$ 35.38K

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.