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
Lido Staked ETH
Lido Staked ETH
STETH
$ 2,291.86
+0.04%
-0.84%
-1.84%
$ 20.05B
$ 27.55
2
Hyperliquid
Hyperliquid
HYPE
$ 40.55
-0.02%
-1.24%
-5.97%
$ 10.31B
$ 25.36K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,836.19
+0.33%
-0.88%
+0.61%
$ 9.55B
$ 2.70M
4
Chainlink
Chainlink
LINK
$ 10.427
-0.05%
-1.07%
+3.33%
$ 6.83B
$ 77.01K
5
Dai
Dai
DAI
$ 0.999678
-0.01%
+0.04%
-0.01%
$ 4.40B
--
6
UNISWAP
UNISWAP
UNI
$ 3.81
-0.37%
-0.52%
+8.57%
$ 2.42B
$ 39.34K
7
Ondo
Ondo
ONDO
$ 0.40588
-0.11%
-7.47%
+7.60%
$ 1.97B
$ 1.94M
8
Sky Protocol
Sky Protocol
SKY
$ 0.0763
+0.04%
+1.33%
-5.91%
$ 1.77B
$ 1.14M
9
Aster
Aster
ASTER
$ 0.6789
-0.01%
-1.25%
+0.53%
$ 1.76B
$ 2.37M
10
AaveToken
AaveToken
AAVE
$ 98.18
-0.11%
-2.36%
+3.76%
$ 1.51B
$ 4.80K
11
LAB
LAB
LAB
$ 4.78723
-0.25%
-6.64%
+29.82%
$ 1.48B
$ 351.64K
12
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.16
0.00%
-0.00%
0.00%
$ 1.38B
$ 8.78M
13
Ethena
Ethena
ENA
$ 0.12329
-0.28%
-2.95%
-0.97%
$ 1.11B
$ 5.11M
14
DEXE
DEXE
DEXE
$ 12.892
+3.09%
+2.38%
+11.57%
$ 1.09B
$ 8.36K
15
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 105.88
+0.16%
-1.18%
+8.06%
$ 1.07B
$ 8.21M
16
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.09975
-0.05%
-1.93%
+0.04%
$ 1.06B
$ 1.41M
17
MORPHO
MORPHO
MORPHO
$ 2.0595
+0.62%
-2.71%
-3.71%
$ 1.01B
$ 70.87K
18
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 4.14
+0.24%
-0.78%
+4.28%
$ 976.14M
$ 7.76M
19
Jupiter
Jupiter
JUP
$ 0.2429
+0.04%
-0.70%
+15.52%
$ 800.53M
$ 5.18M
20
JUST
JUST
JST
$ 0.09008
-0.65%
+1.94%
+6.37%
$ 769.28M
$ 805.18K
21
B
B
B
$ 0.60059
-1.57%
+0.14%
+82.28%
$ 625.55M
$ 1.28M
22
Terra Classic
Terra Classic
LUNC
$ 0.00009173
-0.39%
-9.50%
-2.12%
$ 509.48M
$ 8.76B
23
PancakeSwap
PancakeSwap
CAKE
$ 1.558
0.00%
-0.13%
-0.13%
$ 507.22M
$ 498.98K
24
Injective
Injective
INJ
$ 5.098
+1.63%
+10.07%
+28.17%
$ 504.85M
$ 1.44M
25
SEI
SEI
SEI
$ 0.07046
-0.30%
-5.33%
+12.97%
$ 490.17M
$ 5.25M
26
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.4978
-0.88%
-3.42%
+7.88%
$ 463.67M
$ 284.45K
27
TIA
TIA
TIA
$ 0.4851
-1.23%
+5.34%
+21.10%
$ 436.02M
$ 4.13M
28
Curve
Curve
CRV
$ 0.2859
-0.63%
+1.42%
+15.56%
$ 429.54M
$ 9.88M
29
tBTC
tBTC
TBTC
$ 81,072
+0.13%
-0.08%
+1.53%
$ 420.12M
$ 9.25M
30
SUN
SUN
SUN
$ 0.020164
+0.05%
-2.24%
+0.28%
$ 387.45M
$ 3.08M
31
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.4656
+1.05%
+3.49%
+5.89%
$ 386.47M
$ 7.04M
32
Pendle
Pendle
PENDLE
$ 2.13
+0.24%
-3.06%
+12.47%
$ 359.76M
$ 1.34M
33
Zebec Network
Zebec Network
ZBCN
$ 0.0034286
-1.41%
-5.76%
+2.63%
$ 343.90M
$ 108.67M
34
Gnosis
Gnosis
GNO
$ 129.06
-0.03%
-1.69%
-2.62%
$ 340.02M
$ 617.04
35
Lido DAO
Lido DAO
LDO
$ 0.4028
-0.17%
-0.37%
+1.55%
$ 339.96M
$ 468.04K
36
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,438.45
+0.32%
-1.03%
+0.33%
$ 321.68M
$ 12.42K
37
Pyth Network
Pyth Network
PYTH
$ 0.05551
+0.07%
-1.76%
+4.15%
$ 320.10M
$ 5.03M
38
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 131.42
+0.24%
-1.09%
+8.17%
$ 300.94M
$ 2.20M
39
Maple Finance
Maple Finance
SYRUP
$ 0.24588
-0.42%
-2.19%
-0.13%
$ 291.37M
$ 242.57K
40
Olympus
Olympus
OHM
$ 19.05
+0.26%
-0.01%
-1.40%
$ 285.71M
$ 38.43K
41
MIOTAC
MIOTAC
IOTA
$ 0.06352
-0.03%
-0.54%
+6.73%
$ 280.11M
$ 1.53M
42
Telcoin
Telcoin
TEL
$ 0.002845
-0.42%
+1.94%
+37.31%
$ 272.95M
$ 185.60M
43
Staked USDai
Staked USDai
SUSDAI
$ 1.084
0.00%
-0.00%
+0.09%
$ 263.63M
$ 3.52M
44
Lido Earn ETH
Lido Earn ETH
EARNETH
$ 2,302.0
-0.12%
-0.89%
+0.08%
$ 249.40M
$ 9.67K
45
crvUSD
crvUSD
CRVUSD
$ 0.99986
0.00%
-0.00%
0.00%
$ 244.44M
$ 14.60M
46
Compound
Compound
COMP
$ 23.92
+0.04%
-2.97%
+1.49%
$ 237.84M
$ 3.53K
47
Lighter
Lighter
LIT
$ 0.9432
+0.42%
-4.21%
-3.62%
$ 236.73M
$ 118.54K
48
JITO
JITO
JTO
$ 0.4894
-0.65%
-5.62%
+1.61%
$ 228.64M
$ 270.28K
49
Raydium
Raydium
RAY
$ 0.8209
-0.50%
-2.37%
+0.63%
$ 220.74M
$ 159.37K
50
ETHGAS
ETHGAS
GWEI
$ 0.12194
-0.29%
-4.14%
-5.50%
$ 215.16M
$ 116.78K

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.