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
$ 2,543.36
+0.17%
+1.38%
-5.88%
$ 24.66B
$ 22.29
2
Hyperliquid
Hyperliquid
HYPE
$ 86.68
-0.08%
+1.08%
-7.64%
$ 22.08B
$ 6.71K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 3,167.64
0.00%
+0.01%
-5.87%
$ 11.70B
$ 1.95M
4
Chainlink
Chainlink
LINK
$ 13.364
+0.43%
+3.09%
-2.86%
$ 8.81B
$ 26.83K
5
UNISWAP
UNISWAP
UNI
$ 7.69
-0.49%
+0.53%
-14.42%
$ 4.82B
$ 53.22K
6
Bitway
Bitway
BTW
$ 1.642234
-1.34%
+1.60%
+44.65%
$ 4.76B
$ 1.64M
7
Ethena
Ethena
ENA
$ 0.23746
-1.00%
+6.53%
-3.68%
$ 3.21B
$ 153.26M
8
AaveToken
AaveToken
AAVE
$ 170.77
-0.19%
+1.33%
-5.87%
$ 2.65B
$ 1.12K
9
Ondo
Ondo
ONDO
$ 0.5195
+0.59%
+7.35%
+7.16%
$ 2.58B
$ 1.77M
10
Aster
Aster
ASTER
$ 0.7144
+0.20%
+0.39%
-2.81%
$ 1.94B
$ 1.68M
11
Sky Protocol
Sky Protocol
SKY
$ 0.08022
-0.25%
+3.85%
-9.04%
$ 1.88B
$ 1.16M
12
MORPHO
MORPHO
MORPHO
$ 2.4682
-0.74%
+1.65%
-10.79%
$ 1.31B
$ 41.01K
13
Jupiter
Jupiter
JUP
$ 0.3677
+0.60%
+2.57%
+5.42%
$ 1.22B
$ 940.90K
14
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 126.6
+0.16%
+0.02%
-7.25%
$ 1.15B
$ 357.85K
15
JUST
JUST
JST
$ 0.1376
+0.44%
+0.08%
+1.44%
$ 1.13B
$ 583.22K
16
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.10277
-0.25%
+1.00%
-5.44%
$ 1.10B
$ 1.50M
17
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.19
0.00%
0.00%
0.00%
$ 1.06B
$ 1.09M
18
Lighter
Lighter
LIT
$ 3.7985
-0.67%
+4.88%
-4.54%
$ 954.23M
$ 1.30M
19
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.9342
+0.07%
-0.02%
+11.97%
$ 944.32M
$ 6.69M
20
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 4.69
0.00%
+0.01%
-4.09%
$ 902.96M
$ 1.66M
21
PancakeSwap
PancakeSwap
CAKE
$ 2.367
+0.21%
+4.82%
-3.50%
$ 847.91M
$ 526.15K
22
Injective
Injective
INJ
$ 7.843
+4.77%
+5.87%
+7.85%
$ 811.76M
$ 426.66K
23
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.7255
-0.42%
+3.15%
+0.99%
$ 710.88M
$ 7.41M
24
Raydium
Raydium
RAY
$ 2.4837
+2.40%
+5.97%
+14.96%
$ 668.18M
$ 75.69K
25
Pyth Network
Pyth Network
PYTH
$ 0.07899
+0.47%
+0.40%
+1.45%
$ 619.05M
$ 11.57M
26
Curve
Curve
CRV
$ 0.3662
-0.14%
+2.84%
+1.54%
$ 579.74M
$ 2.83M
27
SEI
SEI
SEI
$ 0.07041
+0.43%
+3.74%
-4.75%
$ 535.59M
$ 2.88M
28
TIA
TIA
TIA
$ 0.5852
-0.19%
-5.70%
+24.31%
$ 531.17M
$ 6.47M
29
Staked USDai
Staked USDai
SUSDAI
$ 1.12
0.00%
0.00%
0.00%
$ 480.92M
$ 1.64M
30
Derive
Derive
DRV
$ 0.475999
-1.50%
-0.09%
+16.33%
$ 475.83M
$ 15.73M
31
Staked Aave
Staked Aave
STKAAVE
$ 170.69
-0.05%
+0.01%
-5.86%
$ 424.03M
$ 6.18K
32
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.14
0.00%
0.00%
0.00%
$ 411.14M
$ 159.20K
33
Plasma
Plasma
XPL
$ 0.08735
-0.97%
-0.51%
-4.91%
$ 397.53M
$ 4.15M
34
Pendle
Pendle
PENDLE
$ 2.191
-0.36%
-0.05%
-10.00%
$ 383.11M
$ 251.29K
35
Falcon Finance
Falcon Finance
FF
$ 0.11489
-1.13%
+5.79%
-0.24%
$ 382.24M
$ 1.11M
36
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,555.16
-0.08%
-0.05%
-12.19%
$ 371.89M
$ 14.51
37
Lido DAO
Lido DAO
LDO
$ 0.4404
-0.36%
+2.48%
-2.94%
$ 366.75M
$ 696.76K
38
tBTC
tBTC
TBTC
$ 83,800
0.00%
+0.01%
-2.03%
$ 343.38M
$ 1.18M
39
SUN
SUN
SUN
$ 0.01687
+0.04%
0.00%
-1.52%
$ 324.37M
$ 5.42M
40
Gnosis
Gnosis
GNO
$ 115.15
-0.29%
-0.04%
-4.79%
$ 304.94M
$ 510.52
41
Olympus
Olympus
OHM
$ 20.21
+0.30%
+0.01%
-0.25%
$ 301.83M
$ 91.53K
42
JITO
JITO
JTO
$ 0.5585
-0.80%
+0.36%
-2.03%
$ 297.42M
$ 189.73K
43
Maple Finance
Maple Finance
SYRUP
$ 0.24457
+0.70%
+5.16%
-0.44%
$ 294.18M
$ 375.18K
44
Terra Classic
Terra Classic
LUNC
$ 0.00005127
-0.17%
-0.25%
-2.36%
$ 283.76M
$ 2.11B
45
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 157.22
-0.03%
+0.01%
-7.12%
$ 250.29M
$ 1.78M
46
Compound
Compound
COMP
$ 24.93
-0.12%
+0.28%
+1.02%
$ 248.10M
$ 2.43K
47
MIOTAC
MIOTAC
IOTA
$ 0.05254
+0.08%
+2.93%
-8.86%
$ 246.93M
$ 2.03M
48
Ethena Staked ENA
Ethena Staked ENA
SENA
$ 0.244053
-0.53%
+0.09%
-2.77%
$ 233.35M
$ 255.98K
49
THORChain
THORChain
RUNE
$ 0.696
-0.07%
+1.85%
-9.99%
$ 229.63M
$ 381.64K
50
Zebec Network
Zebec Network
ZBCN
$ 0.0023348
-0.24%
-0.22%
-10.43%
$ 228.78M
$ 98.50M

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.