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
$ 63.29
-0.60%
-6.63%
-8.43%
$ 16.04B
$ 26.07K
2
Lido Staked ETH
Lido Staked ETH
STETH
$ 1,768.67
+0.10%
-2.45%
-0.27%
$ 15.92B
$ 30.84
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,188.57
-0.16%
-0.02%
-0.40%
$ 7.97B
$ 1.31M
4
Chainlink
Chainlink
LINK
$ 7.866
-0.11%
-2.47%
+0.43%
$ 5.17B
$ 99.72K
5
DEXE
DEXE
DEXE
$ 41.224
-2.69%
-11.18%
+44.30%
$ 3.46B
$ 12.05K
6
UNISWAP
UNISWAP
UNI
$ 3.501
-0.34%
-4.96%
+9.06%
$ 2.17B
$ 101.10K
7
Aster
Aster
ASTER
$ 0.6273
+0.53%
+0.79%
+0.14%
$ 1.69B
$ 1.15M
8
Ondo
Ondo
ONDO
$ 0.31099
-0.37%
-4.30%
-4.96%
$ 1.52B
$ 773.62K
9
AaveToken
AaveToken
AAVE
$ 94.19
-0.32%
-3.77%
+4.03%
$ 1.45B
$ 4.23K
10
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.17
0.00%
0.00%
0.00%
$ 1.41B
$ 8.05M
11
Sky Protocol
Sky Protocol
SKY
$ 0.05864
+0.03%
-1.95%
+8.64%
$ 1.37B
$ 1.05M
12
MORPHO
MORPHO
MORPHO
$ 1.9953
+0.11%
-0.49%
-0.73%
$ 1.00B
$ 87.48K
13
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.08196
-0.11%
+2.02%
+8.34%
$ 876.36M
$ 2.23M
14
JUST
JUST
JST
$ 0.10004
+0.15%
-1.33%
+7.25%
$ 856.00M
$ 771.82K
15
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.58
+0.28%
-0.02%
-3.50%
$ 807.77M
$ 3.02M
16
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 83.87
-0.10%
-0.03%
-7.13%
$ 755.01M
$ 780.47K
17
Ethena
Ethena
ENA
$ 0.07834
-0.28%
-2.98%
+3.49%
$ 727.98M
$ 4.08M
18
Jupiter
Jupiter
JUP
$ 0.2079
-0.53%
+3.02%
-13.18%
$ 691.29M
$ 1.62M
19
Lighter
Lighter
LIT
$ 2.3483
-0.02%
-12.68%
-6.88%
$ 582.40M
$ 104.64K
20
PancakeSwap
PancakeSwap
CAKE
$ 1.379
0.00%
-2.41%
-0.14%
$ 485.22M
$ 305.80K
21
Injective
Injective
INJ
$ 4.683
-0.53%
-4.55%
-1.27%
$ 465.36M
$ 237.40K
22
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.4801
-0.64%
-6.22%
-15.71%
$ 458.40M
$ 218.38K
23
TIA
TIA
TIA
$ 0.3983
-0.99%
-0.67%
+5.40%
$ 367.88M
$ 2.23M
24
Pyth Network
Pyth Network
PYTH
$ 0.04637
-0.62%
-3.04%
+8.09%
$ 367.21M
$ 9.36M
25
SUN
SUN
SUN
$ 0.018221
+0.14%
-2.04%
-2.19%
$ 350.39M
$ 7.75M
26
SEI
SEI
SEI
$ 0.04738
-0.46%
-3.66%
-1.72%
$ 341.62M
$ 2.10M
27
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.38
-0.78%
-9.56%
-10.31%
$ 334.74M
$ 5.47M
28
Curve
Curve
CRV
$ 0.2173
+2.05%
+4.88%
+5.54%
$ 332.31M
$ 2.42M
29
Terra Classic
Terra Classic
LUNC
$ 0.00005872
+0.17%
-2.75%
-4.12%
$ 326.00M
$ 1.78B
30
Staked USDai
Staked USDai
SUSDAI
$ 1.096
0.00%
0.00%
+0.09%
$ 317.36M
$ 14.86M
31
tBTC
tBTC
TBTC
$ 62,043
-0.09%
-0.03%
-2.04%
$ 312.60M
$ 2.59M
32
JITO
JITO
JTO
$ 0.6232
+0.70%
+3.60%
-12.99%
$ 304.59M
$ 339.90K
33
Gnosis
Gnosis
GNO
$ 110.51
+0.05%
+0.07%
+4.77%
$ 291.53M
$ 571.78
34
Lido DAO
Lido DAO
LDO
$ 0.3169
+0.89%
+2.25%
+2.78%
$ 268.11M
$ 648.68K
35
Olympus
Olympus
OHM
$ 17.51
+1.21%
+0.00%
+3.12%
$ 261.77M
$ 9.63K
36
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 1,882.84
+0.04%
-0.02%
-0.32%
$ 255.41M
$ 13.55K
37
Velvet
Velvet
VELVET
$ 0.59058
-0.56%
+26.45%
+56.32%
$ 254.84M
$ 3.33M
38
Pendle
Pendle
PENDLE
$ 1.452
-0.41%
-6.20%
-1.22%
$ 248.28M
$ 259.53K
39
Maple Finance
Maple Finance
SYRUP
$ 0.19009
-0.30%
+0.24%
+9.78%
$ 225.49M
$ 610.95K
40
Zebec Network
Zebec Network
ZBCN
$ 0.002131
+0.15%
-1.00%
+0.80%
$ 213.79M
$ 87.33M
41
Staked Aave
Staked Aave
STKAAVE
$ 94.3
+0.02%
-0.03%
+4.77%
$ 211.59M
$ 14.33K
42
crvUSD
crvUSD
CRVUSD
$ 0.998893
+0.01%
0.00%
-0.05%
$ 207.61M
$ 17.97M
43
Telcoin
Telcoin
TEL
$ 0.002115
+0.33%
-4.99%
-7.16%
$ 202.91M
$ 54.23M
44
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.12
0.00%
0.00%
0.00%
$ 196.13M
$ 92.45K
45
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 104.28
+0.06%
-0.03%
-6.95%
$ 179.91M
$ 634.54K
46
Raydium
Raydium
RAY
$ 0.6636
+0.17%
-2.96%
-7.77%
$ 178.95M
$ 94.92K
47
Falcon Finance
Falcon Finance
FF
$ 0.06053
+0.78%
-0.62%
+1.56%
$ 174.51M
$ 1.23M
48
MIOTAC
MIOTAC
IOTA
$ 0.03726
+0.08%
-3.95%
+3.07%
$ 167.16M
$ 1.73M
49
Compound
Compound
COMP
$ 16.51
-0.48%
-2.94%
-3.23%
$ 165.00M
$ 6.52K
50
Plasma
Plasma
XPL
$ 0.08858
+0.24%
-2.05%
-13.22%
$ 159.73M
$ 5.97M

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.