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
$ 2,488.26
-0.02%
+0.41%
-7.52%
$ 24.13B
$ 21.44
2
Hyperliquid
Hyperliquid
HYPE
$ 84.42
+0.17%
+0.17%
-5.71%
$ 21.47B
$ 8.62K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 3,099.48
0.00%
+0.00%
-7.54%
$ 11.45B
$ 8.70M
4
Chainlink
Chainlink
LINK
$ 12.832
-0.02%
+0.79%
-9.31%
$ 8.43B
$ 33.11K
5
Bitway
Bitway
BTW
$ 1.573318
-0.06%
+13.84%
+60.62%
$ 4.57B
$ 799.26K
6
UNISWAP
UNISWAP
UNI
$ 7.323
+0.08%
+1.94%
-19.82%
$ 4.56B
$ 88.02K
7
Ethena
Ethena
ENA
$ 0.21577
-0.05%
+3.01%
-9.98%
$ 2.89B
$ 133.96M
8
AaveToken
AaveToken
AAVE
$ 167.73
-0.05%
+1.01%
-8.03%
$ 2.59B
$ 2.07K
9
Ondo
Ondo
ONDO
$ 0.48499
+0.45%
+5.07%
-2.97%
$ 2.36B
$ 1.91M
10
Aster
Aster
ASTER
$ 0.7024
-0.06%
-0.10%
-2.07%
$ 1.90B
$ 2.86M
11
Sky Protocol
Sky Protocol
SKY
$ 0.07631
+0.25%
+0.09%
-16.38%
$ 1.79B
$ 1.26M
12
MORPHO
MORPHO
MORPHO
$ 2.3891
+0.01%
+0.22%
-14.32%
$ 1.27B
$ 76.78K
13
Jupiter
Jupiter
JUP
$ 0.3765
-0.35%
+11.10%
+13.72%
$ 1.25B
$ 2.91M
14
JUST
JUST
JST
$ 0.14282
+0.04%
+1.82%
+3.25%
$ 1.17B
$ 468.76K
15
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 123.63
-0.19%
-0.01%
-9.10%
$ 1.12B
$ 3.34M
16
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.10088
+0.22%
+1.79%
-9.21%
$ 1.07B
$ 3.76M
17
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.19
0.00%
0.00%
0.00%
$ 1.03B
$ 7.58M
18
Lighter
Lighter
LIT
$ 3.6359
+0.47%
+0.47%
+1.44%
$ 905.70M
$ 3.50M
19
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 4.63
-0.22%
-0.00%
-4.93%
$ 892.15M
$ 2.88M
20
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.8029
-0.02%
-2.56%
-4.27%
$ 807.02M
$ 4.86M
21
PancakeSwap
PancakeSwap
CAKE
$ 2.199
+0.18%
+2.24%
-13.12%
$ 697.76M
$ 630.06K
22
Injective
Injective
INJ
$ 6.971
-0.01%
+2.55%
-9.72%
$ 696.70M
$ 326.45K
23
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.6737
+0.33%
-0.80%
-6.65%
$ 649.00M
$ 6.47M
24
Pyth Network
Pyth Network
PYTH
$ 0.08058
-0.41%
+1.17%
+3.20%
$ 634.25M
$ 21.26M
25
Raydium
Raydium
RAY
$ 2.2925
-0.10%
-1.20%
+10.73%
$ 621.58M
$ 106.40K
26
Curve
Curve
CRV
$ 0.3601
-0.39%
+7.29%
-4.80%
$ 566.68M
$ 4.39M
27
Derive
Derive
DRV
$ 0.509256
-2.09%
+0.14%
+28.03%
$ 509.24M
$ 102.22M
28
SEI
SEI
SEI
$ 0.06641
+0.58%
+0.06%
-8.53%
$ 500.88M
$ 3.96M
29
Staked USDai
Staked USDai
SUSDAI
$ 1.12
0.00%
0.00%
0.00%
$ 479.61M
$ 6.28M
30
TIA
TIA
TIA
$ 0.4736
-0.13%
-4.64%
+1.06%
$ 436.97M
$ 4.44M
31
Staked Aave
Staked Aave
STKAAVE
$ 166.29
-0.08%
-0.00%
-8.18%
$ 412.67M
$ 46.57K
32
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.14
0.00%
0.00%
0.00%
$ 411.93M
$ 6.60K
33
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,679.71
-0.02%
+0.00%
-7.46%
$ 389.82M
$ 97.24K
34
Plasma
Plasma
XPL
$ 0.08484
+0.63%
+0.85%
-11.43%
$ 383.97M
$ 3.98M
35
Pendle
Pendle
PENDLE
$ 2.121
+1.05%
+1.29%
-14.19%
$ 367.84M
$ 309.80K
36
Falcon Finance
Falcon Finance
FF
$ 0.10558
-0.05%
-0.99%
-7.98%
$ 352.29M
$ 992.98K
37
Lido DAO
Lido DAO
LDO
$ 0.4215
+0.38%
+3.09%
-9.71%
$ 348.83M
$ 714.15K
38
tBTC
tBTC
TBTC
$ 82,569
+0.04%
+0.01%
-2.61%
$ 338.21M
$ 1.68M
39
SUN
SUN
SUN
$ 0.016876
+0.03%
+0.73%
-1.23%
$ 324.41M
$ 8.59M
40
Gnosis
Gnosis
GNO
$ 115.53
+0.17%
+0.40%
-2.59%
$ 304.76M
$ 514.85
41
Olympus
Olympus
OHM
$ 19.94
0.00%
-0.00%
-1.72%
$ 297.93M
$ 124.26K
42
Terra Classic
Terra Classic
LUNC
$ 0.00005166
+0.21%
+2.67%
-1.83%
$ 284.00M
$ 2.64B
43
JITO
JITO
JTO
$ 0.5186
+0.15%
+1.79%
-8.35%
$ 274.16M
$ 144.66K
44
Maple Finance
Maple Finance
SYRUP
$ 0.22817
+0.19%
-0.48%
-10.99%
$ 270.98M
$ 415.26K
45
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 153.79
-0.05%
-0.00%
-9.00%
$ 244.89M
$ 828.97K
46
Compound
Compound
COMP
$ 24.28
+0.21%
+4.60%
-4.14%
$ 243.10M
$ 2.66K
47
MIOTAC
MIOTAC
IOTA
$ 0.05124
+0.47%
+2.66%
-7.27%
$ 238.20M
$ 2.69M
48
THORChain
THORChain
RUNE
$ 0.7007
+1.50%
+4.29%
-5.70%
$ 230.99M
$ 728.85K
49
Zebec Network
Zebec Network
ZBCN
$ 0.0022471
+0.37%
-3.49%
-8.69%
$ 225.81M
$ 96.88M
50
Spiko Amundi Overnight Swap Fund
Spiko Amundi Overnight Swap Fund
SAFO
$ 1.024
0.00%
0.00%
+0.10%
$ 220.29M
--

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.