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
$ 63.14
-0.46%
+1.68%
-6.83%
$ 16.00B
$ 32.37K
2
Lido Staked ETH
Lido Staked ETH
STETH
$ 1,584.65
-0.17%
+2.27%
-7.92%
$ 14.21B
$ 34.84
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 1,959.13
+0.16%
+2.25%
-7.84%
$ 7.21B
$ 7.73M
4
LAB
LAB
LAB
$ 17.71983
+0.19%
-5.32%
+20.23%
$ 5.95B
$ 35.44K
5
Chainlink
Chainlink
LINK
$ 7.351
-0.24%
+2.41%
-7.19%
$ 4.82B
$ 162.82K
6
UNISWAP
UNISWAP
UNI
$ 2.915
-0.51%
+2.04%
-3.99%
$ 1.81B
$ 59.42K
7
DEXE
DEXE
DEXE
$ 21.828
+0.10%
-10.49%
+44.05%
$ 1.74B
$ 10.45K
8
Aster
Aster
ASTER
$ 0.6298
-0.27%
+1.50%
-1.91%
$ 1.69B
$ 1.60M
9
Ondo
Ondo
ONDO
$ 0.31814
-0.24%
+2.11%
-6.14%
$ 1.54B
$ 773.13K
10
AaveToken
AaveToken
AAVE
$ 96.29
-1.36%
+9.49%
+28.51%
$ 1.47B
$ 16.51K
11
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.17
0.00%
+0.03%
0.00%
$ 1.29B
$ 1.12M
12
Sky Protocol
Sky Protocol
SKY
$ 0.04871
-0.41%
-3.87%
-17.58%
$ 1.13B
$ 1.32M
13
MORPHO
MORPHO
MORPHO
$ 1.7784
+0.11%
+4.51%
-4.71%
$ 885.23M
$ 67.31K
14
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.43
-0.29%
+2.89%
-2.28%
$ 770.74M
$ 4.96M
15
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.07166
-0.10%
-0.50%
-10.17%
$ 759.09M
$ 2.66M
16
Jupiter
Jupiter
JUP
$ 0.2219
-1.40%
+3.74%
+2.18%
$ 746.07M
$ 1.53M
17
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 80.13
-0.14%
+4.57%
-2.24%
$ 737.73M
$ 2.36M
18
JUST
JUST
JST
$ 0.0854
-0.44%
+2.48%
+2.45%
$ 728.10M
$ 887.07K
19
Ethena
Ethena
ENA
$ 0.07851
-0.63%
+0.51%
-13.05%
$ 727.24M
$ 16.67M
20
Velvet
Velvet
VELVET
$ 1.32585
+5.51%
+121.30%
+173.30%
$ 537.19M
$ 6.65M
21
Injective
Injective
INJ
$ 4.865
-0.85%
+8.79%
-1.23%
$ 491.06M
$ 658.32K
22
PancakeSwap
PancakeSwap
CAKE
$ 1.313
-0.30%
-0.61%
-5.20%
$ 461.64M
$ 279.65K
23
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.4724
-0.21%
+1.39%
-13.22%
$ 445.92M
$ 316.32K
24
Lighter
Lighter
LIT
$ 1.7795
-1.32%
+4.69%
+14.40%
$ 444.18M
$ 110.96K
25
JITO
JITO
JTO
$ 0.8049
-0.81%
+8.01%
+17.32%
$ 397.43M
$ 581.99K
26
SEI
SEI
SEI
$ 0.05147
-0.60%
-1.34%
-6.50%
$ 370.63M
$ 5.12M
27
TIA
TIA
TIA
$ 0.3733
-1.43%
+4.80%
-0.29%
$ 343.23M
$ 2.60M
28
Terra Classic
Terra Classic
LUNC
$ 0.00006186
-0.98%
-3.70%
-9.16%
$ 340.34M
$ 3.11B
29
SUN
SUN
SUN
$ 0.016743
-0.14%
-0.02%
-2.83%
$ 322.41M
$ 4.87M
30
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.3606
+0.25%
-1.25%
+2.19%
$ 312.90M
$ 4.56M
31
tBTC
tBTC
TBTC
$ 60,296
-0.01%
+1.87%
-5.75%
$ 301.84M
$ 5.04M
32
Staked USDai
Staked USDai
SUSDAI
$ 1.092
0.00%
+0.02%
+0.09%
$ 297.32M
$ 706.99K
33
Curve
Curve
CRV
$ 0.1917
-0.31%
+0.42%
-10.48%
$ 290.30M
$ 1.97M
34
Gnosis
Gnosis
GNO
$ 104.8
+0.11%
+0.85%
-3.25%
$ 276.94M
$ 598.44
35
Pyth Network
Pyth Network
PYTH
$ 0.03391
-1.14%
+6.46%
-8.64%
$ 267.20M
$ 11.95M
36
Olympus
Olympus
OHM
$ 15.88
+0.38%
+0.37%
+0.06%
$ 237.42M
$ 59.67K
37
B
B
B
$ 0.23476
-0.15%
-1.95%
+6.76%
$ 235.65M
$ 565.13K
38
Zebec Network
Zebec Network
ZBCN
$ 0.0023678
+0.26%
-1.32%
-2.78%
$ 235.29M
$ 80.15M
39
ETHGAS
ETHGAS
GWEI
$ 0.13219
+1.67%
+2.47%
+26.85%
$ 231.88M
$ 183.77K
40
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 1,684.64
-0.09%
+2.18%
-8.21%
$ 227.69M
$ 30.38K
41
Telcoin
Telcoin
TEL
$ 0.002338
0.00%
+0.95%
-1.73%
$ 224.14M
$ 33.26M
42
Pendle
Pendle
PENDLE
$ 1.246
-0.56%
+1.89%
-14.31%
$ 211.88M
$ 391.61K
43
Lido DAO
Lido DAO
LDO
$ 0.2463
-0.57%
+1.32%
-12.46%
$ 206.66M
$ 406.07K
44
Staked Aave
Staked Aave
STKAAVE
$ 94.76
-0.99%
+13.37%
+27.74%
$ 205.02M
$ 16.63K
45
Falcon Finance
Falcon Finance
FF
$ 0.06658
-0.06%
-2.28%
-6.54%
$ 190.99M
$ 882.25K
46
Plasma
Plasma
XPL
$ 0.10606
-0.99%
+4.92%
+12.73%
$ 190.84M
$ 13.71M
47
Bitway
Bitway
BTW
$ 0.086176
+1.28%
-14.47%
-26.58%
$ 185.83M
$ 40.10M
48
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.11
0.00%
-0.15%
0.00%
$ 180.51M
$ 138.69K
49
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 99.35
-0.34%
+4.76%
-2.23%
$ 178.75M
$ 1.39M
50
Maple Finance
Maple Finance
SYRUP
$ 0.1516
-0.14%
+26.72%
+7.69%
$ 175.48M
$ 1.11M

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.