Top Decentralised Finance (DeFi) Tokens by Market Capitalisation

Decentralised Finance (DeFi) protocols utilise 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 centralised 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
$ 2,292.14
+1.67%
+1.84%
+1.84%
$ 21.03B
$ 25.30
2
Hyperliquid
Hyperliquid
HYPE
$ 42.33
+2.26%
+1.94%
+1.94%
$ 10.98B
$ 22.16K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,826.1
--
-3.15%
--
$ 9.61B
--
4
Chainlink
Chainlink
LINK
$ 9.867
+2.38%
+1.93%
+1.93%
$ 6.61B
$ 58.21K
5
Dai
Dai
DAI
$ 0.999561
--
-0.01%
--
$ 4.41B
--
6
UNISWAP
UNISWAP
UNI
$ 3.418
+2.70%
+2.70%
+2.70%
$ 2.23B
$ 113.06K
7
Sky Protocol
Sky Protocol
SKY
$ 0.08
+1.47%
+1.04%
+1.04%
$ 1.88B
$ 963.68K
8
Ondo
Ondo
ONDO
$ 0.34748
+5.56%
+6.13%
+6.13%
$ 1.83B
$ 3.09M
9
Aster
Aster
ASTER
$ 0.6591
+1.74%
+2.64%
+2.64%
$ 1.75B
$ 3.13M
10
AaveToken
AaveToken
AAVE
$ 92.49
+2.81%
+2.24%
+2.24%
$ 1.45B
$ 6.92K
11
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.16
--
+0.08%
--
$ 1.23B
--
12
Ethena
Ethena
ENA
$ 0.1185
+4.99%
+5.26%
+5.26%
$ 1.12B
$ 6.28M
13
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.09829
+0.99%
+1.81%
+1.81%
$ 1.06B
$ 1.18M
14
MORPHO
MORPHO
MORPHO
$ 2.1326
+1.61%
+0.20%
+0.20%
$ 1.04B
$ 45.61K
15
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 98.02
--
+0.18%
--
$ 981.49M
--
16
DEXE
DEXE
DEXE
$ 12.073
-2.46%
-2.44%
-2.44%
$ 976.75M
$ 9.64K
18
LAB
LAB
LAB
$ 4.13331
-10.48%
-8.62%
-8.62%
$ 850.18M
$ 2.42M
19
JUST
JUST
JST
$ 0.08583
-0.29%
-0.76%
-0.76%
$ 723.23M
$ 2.91M
20
Jupiter
Jupiter
JUP
$ 0.2043
+3.37%
+2.20%
+2.20%
$ 693.27M
$ 8.83M
21
Terra Classic
Terra Classic
LUNC
$ 0.00009314
-1.29%
+0.63%
+0.63%
$ 519.89M
$ 19.17B
22
PancakeSwap
PancakeSwap
CAKE
$ 1.526
+1.76%
+2.30%
+2.30%
$ 508.81M
$ 640.59K
23
SEI
SEI
SEI
$ 0.06042
+3.27%
+2.64%
+2.64%
$ 433.88M
$ 3.93M
24
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.4467
+3.95%
+3.28%
+3.28%
$ 430.10M
$ 225.53K
25
tBTC
tBTC
TBTC
$ 79,742
--
-1.88%
--
$ 421.85M
--
26
Injective
Injective
INJ
$ 3.832
+2.93%
+2.68%
+2.68%
$ 393.89M
$ 298.18K
27
SUN
SUN
SUN
$ 0.020107
-0.18%
-0.09%
-0.09%
$ 386.31M
$ 2.85M
28
Curve
Curve
CRV
$ 0.239
+3.30%
+3.13%
+3.13%
$ 371.23M
$ 2.40M
29
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.4268
+2.51%
+2.44%
+2.44%
$ 364.98M
$ 4.87M
30
TIA
TIA
TIA
$ 0.38
+4.22%
+3.48%
+3.48%
$ 359.05M
$ 3.15M
31
Gnosis
Gnosis
GNO
$ 131.47
+0.82%
+0.59%
+0.59%
$ 349.15M
$ 570.46
32
B
B
B
$ 0.37293
-0.16%
-11.08%
-11.08%
$ 343.19M
$ 3.91M
33
Zebec Network
Zebec Network
ZBCN
$ 0.0033085
+1.23%
+1.27%
+1.27%
$ 335.08M
$ 133.84M
34
Lido DAO
Lido DAO
LDO
$ 0.3814
+4.37%
+3.60%
+3.60%
$ 334.78M
$ 506.10K
35
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,432.35
--
-3.20%
--
$ 320.15M
--
36
Pendle
Pendle
PENDLE
$ 1.889
+2.78%
-0.11%
-0.11%
$ 319.70M
$ 1.09M
37
Pyth Network
Pyth Network
PYTH
$ 0.052
+3.15%
+2.41%
+2.41%
$ 307.34M
$ 6.55M
38
Maple Finance
Maple Finance
SYRUP
$ 0.24171
+1.16%
+1.32%
+1.32%
$ 291.75M
$ 339.69K
39
Olympus
Olympus
OHM
$ 19.28
--
-1.27%
--
$ 289.60M
--
40
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 121.62
--
+0.30%
--
$ 281.78M
--
41
MIOTAC
MIOTAC
IOTA
$ 0.05791
+1.79%
+2.16%
+2.16%
$ 261.44M
$ 1.76M
42
crvUSD
crvUSD
CRVUSD
$ 0.999684
--
+0.00%
--
$ 259.35M
--
43
Lido Earn ETH
Lido Earn ETH
EARNETH
$ 2,305.62
--
-2.96%
--
$ 246.32M
--
44
Lighter
Lighter
LIT
$ 0.9768
+1.22%
+0.32%
+0.32%
$ 245.63M
$ 163.44K
45
Compound
Compound
COMP
$ 23.31
+0.95%
+0.86%
+0.86%
$ 234.34M
$ 3.74K
46
ETHGAS
ETHGAS
GWEI
$ 0.12834
+2.85%
+0.95%
+0.95%
$ 227.68M
$ 208.60K
47
JITO
JITO
JTO
$ 0.6744
-3.70%
-26.13%
-26.13%
$ 223.87M
$ 1.19M
48
Raydium
Raydium
RAY
$ 0.8075
+2.76%
+1.86%
+1.86%
$ 219.37M
$ 104.88K
49
Telcoin
Telcoin
TEL
$ 0.002053
+0.93%
+0.63%
+0.63%
$ 198.78M
$ 41.68M
50
THORChain
THORChain
RUNE
$ 0.5567
+1.07%
-0.27%
-0.27%
$ 196.49M
$ 1.12M

Frequently Asked Questions

What does Decentralised Finance (DeFi) mean in the Web3 ecosystem?
Decentralised Finance (DeFi) represents a financial system built entirely on blockchain networks. DeFi utilises smart contracts to offer lending, borrowing, and trading services without relying on centralised 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 Decentralised 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 decentralised 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.