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

951

Plasma Finance

PPAY

$ 2.544E-5

0.00%

-8.52%

$ 24.17K

952

Jellyverse

JLY

$ 0.0001703

0.00%

+0.39%

$ 23.83K

$ 4.01

953

Ooga Booga

OOGA

$ 0.00078945

0.00%

-3.71%

$ 23.42K

$ 19.11

954

trustInWeb3

T3AI

$ 2.349E-5

0.00%

-6.64%

$ 23.24K

955

ARROWS

$ 2.641E-5

+0.04%

+11.82%

-71.71%

$ 23.24K

956

SubQuery Network

SQT

$ 6.09E-6

0.00%

+2.57%

-3.49%

$ 23.07K

957

O3 Swap

$ 0.00088263

+1.12%

+0.01%

-1.51%

$ 22.87K

$ 4.52

958

BANX

$ 1.52E-6

0.00%

$ 22.86K

959

Invariant

INVT

$ 0.00057165

0.00%

$ 22.62K

$ 2.83

960

deFusion

DEF

$ 0.00023911

0.00%

$ 22.53K

$ 23.97

961

Defina Finance

FINA

$ 0.00038201

-19.59%

0.00%

-30.17%

$ 22.50K

$ 5.15K

962

Ethereans

$ 0.02256282

0.00%

-6.48%

$ 22.12K

$ 45.14

963

Alandale

LUTE

$ 0.00180274

-0.04%

-28.06%

$ 21.83K

$ 7.77K

964

AicroStrategy

AISTR

$ 0.0217363

0.00%

-0.06%

-7.00%

$ 21.74K

$ 78.44

965

Blindfold Finance

BLIND

$ 2.113E-5

+0.24%

-1.04%

-8.88%

$ 21.10K

966

Maneki AI by Virtuals

MANEKI

$ 2.079E-5

0.00%

+1.41%

$ 20.79K

967

Wing Finance

WING

$ 0.00299829

0.00%

$ 20.69K

$ 810.89

968

Nia

NIA

$ 0.068589

+0.03%

-0.01%

-2.21%

$ 20.58K

$ 69.43

969

Ociswap

OCI

$ 0.00020409

0.00%

-0.05%

-15.25%

$ 20.41K

$ 0.00

970

LNKD Networks

LNKD

$ 5.278E-5

0.00%

-6.52%

$ 20.26K

971

Kaleido

KALEIDO

$ 4.32

0.00%

-6.29%

$ 19.90K

$ 24.77

972

ENKI Protocol

ENKI

$ 0.131329

-0.44%

-0.00%

+1.67%

$ 19.69K

$ 22.53

973

Re7 USDT Morpho Vault

RE7USDT

$ 1.019

0.00%

$ 19.58K

974

88mph

MPH

$ 0.01225303

+0.04%

0.00%

-0.01%

$ 19.28K

$ 11.15

975

GarudaX

GRDX

$ 0.00055057

-0.01%

-0.00%

-13.11%

$ 19.24K

$ 797.19

976

WagyuSwap

WAG

$ 4.733E-5

0.00%

$ 19.14K

977

Retard Finance

REFI

$ 1.872E-5

0.00%

-1.73%

-11.99%

$ 18.71K

978

useStated

STATED

$ 1.86184E-7

0.00%

$ 18.62K

979

Phi Protocol

PHI

$ 1.84E-5

0.00%

-2.00%

-12.67%

$ 18.36K

980

Mendi Finance

MENDI

$ 0.00032344

0.00%

-1.00%

$ 17.91K

$ 9.55

981

Hexagon

HEXA

$ 1.1444E-8

+1.18%

0.00%

-5.23%

$ 17.80K

982

Poolz Finance

POOLX

$ 0.00319748

0.00%

-10.95%

$ 17.59K

$ 48.51

983

Verdex

VERDEX

$ 1.756E-5

+2.57%

-48.66%

-40.64%

$ 17.43K

984

DackieSwap

DACKIE

$ 0.00016935

0.00%

+2.94%

$ 17.15K

$ 1.88

985

Lamas Finance

LMF

$ 0.00232715

+3.63%

-0.00%

-9.14%

$ 17.08K

$ 1.06K

986

Blitz

BLTZ

$ 1.093E-8

0.00%

-12.31%

$ 17.00K

987

GBM Tokens

GBM

$ 1.667E-5

0.00%

$ 16.67K

988

Pulseium

PSM

$ 1.0569E-8

0.00%

-15.61%

$ 16.44K

989

FogSwap

FOG

$ 1.64E-5

0.00%

-1.73%

-14.58%

$ 16.40K

990

AURO Finance

AURO

$ 0.0001298

0.00%

$ 16.07K

$ 0.01

991

Spaceswap MILK2

MILK2

$ 0.00071993

0.00%

-2.09%

$ 15.88K

$ 7.73

992

Rabbit Finance

RABBIT

$ 0.00014698

-0.05%

+0.00%

-3.51%

$ 15.65K

$ 15.26

993

Nexus

NEX

$ 0.0000007967

+0.03%

+0.67%

-3.43%

$ 71.61B

994

Grvt

GRVT

$ 0.2233

+0.59%

-1.29%

+4.51%

$ 1.15M

995

o1.exchange

$ 0.4807

-0.08%

+6.13%

-5.22%

$ 133.61K

996

XEN Crypto

XEN

$ 0.000000005304

+2.17%

+1.84%

+4.54%

$ 10.62T

997

Super Inu

$ 0.02226

0.00%

-16.33%

-43.89%

$ 8.45M

998

Solstice Finance

SLX

$ 0.05954

-0.08%

+1.19%

-3.94%

$ 1.23M

999

NEARLY

$ 0.003144

+2.33%

+33.15%

-3.13%

$ 25.68M

1000

RUJI

$ 0.1918

0.00%

+1.86%

-15.99%

$ 850.46

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.

What is a Decentralized Exchange (DEX) in the DeFi ecosystem?

How do Automated Market Makers (AMMs) work in DeFi protocols?

What is impermanent loss when providing liquidity to DeFi platforms?

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.

Top Decentralized Finance (DeFi) Tokens by Market Capitalization

Tradable Crypto

Category

Decentralized Finance (DeFi)

Smart Contract Platform

Layer 1 (L1)

Proof of Work (PoW)

Other Crypto

New Crypto

Frequently Asked Questions

Disclaimer