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
Hyperliquid
Hyperliquid
HYPE
$ 67.65
-0.16%
+0.52%
-4.55%
$ 17.22B
$ 23.90K
2
Lido Staked ETH
Lido Staked ETH
STETH
$ 1,814.41
-0.19%
+1.53%
+1.77%
$ 16.39B
$ 32.94
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,245.06
-0.52%
+0.01%
+1.72%
$ 8.14B
$ 770.53K
4
Chainlink
Chainlink
LINK
$ 8.011
-0.33%
+0.88%
-0.46%
$ 5.28B
$ 42.38K
5
DEXE
DEXE
DEXE
$ 38.944
+0.48%
+10.63%
+61.13%
$ 3.24B
$ 10.92K
6
UNISWAP
UNISWAP
UNI
$ 3.747
-1.10%
+6.91%
+18.65%
$ 2.35B
$ 87.98K
7
Aster
Aster
ASTER
$ 0.6309
-0.13%
+0.43%
-2.14%
$ 1.71B
$ 412.88K
8
Ondo
Ondo
ONDO
$ 0.33099
-0.10%
+1.28%
-0.15%
$ 1.62B
$ 657.72K
9
AaveToken
AaveToken
AAVE
$ 100.02
-0.30%
+5.06%
+12.93%
$ 1.55B
$ 5.40K
10
Sky Protocol
Sky Protocol
SKY
$ 0.05973
-0.56%
+1.14%
+5.85%
$ 1.41B
$ 917.54K
11
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.17
0.00%
0.00%
0.00%
$ 1.39B
$ 1.10M
12
MORPHO
MORPHO
MORPHO
$ 2.1126
-0.32%
-3.81%
+9.17%
$ 1.06B
$ 63.78K
13
JUST
JUST
JST
$ 0.10137
-0.01%
-0.84%
+10.67%
$ 867.19M
$ 752.72K
14
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.08013
+0.06%
+0.68%
+8.09%
$ 853.65M
$ 2.29M
15
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.67
0.00%
+0.00%
-1.34%
$ 828.89M
$ 1.07M
16
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 87.26
-0.48%
-0.00%
-4.18%
$ 783.31M
$ 578.20K
17
Ethena
Ethena
ENA
$ 0.08161
-0.53%
+0.77%
+2.02%
$ 761.81M
$ 5.65M
18
Jupiter
Jupiter
JUP
$ 0.2077
-0.19%
+2.85%
-14.25%
$ 695.27M
$ 1.49M
19
Lighter
Lighter
LIT
$ 2.6267
+1.16%
-3.14%
+6.07%
$ 660.85M
$ 101.95K
20
PancakeSwap
PancakeSwap
CAKE
$ 1.449
-0.21%
+3.71%
-0.95%
$ 511.26M
$ 305.32K
21
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.5316
-0.30%
+3.19%
-5.44%
$ 508.70M
$ 186.94K
22
Injective
Injective
INJ
$ 5.021
-0.06%
+0.14%
+4.86%
$ 502.35M
$ 282.44K
23
TIA
TIA
TIA
$ 0.4119
-0.96%
+3.08%
+3.63%
$ 378.46M
$ 1.27M
24
Pyth Network
Pyth Network
PYTH
$ 0.04744
-0.88%
+0.59%
+18.05%
$ 374.46M
$ 8.95M
25
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.4232
-0.26%
+3.68%
+0.62%
$ 374.37M
$ 4.59M
26
SEI
SEI
SEI
$ 0.04988
-0.36%
+0.04%
+0.10%
$ 361.03M
$ 1.61M
27
SUN
SUN
SUN
$ 0.018447
+0.14%
+0.05%
+3.33%
$ 355.10M
$ 6.85M
28
Terra Classic
Terra Classic
LUNC
$ 0.00006146
-0.37%
+1.18%
+0.05%
$ 341.72M
$ 2.60B
29
Curve
Curve
CRV
$ 0.2111
-0.33%
+2.76%
-1.03%
$ 321.54M
$ 1.44M
30
tBTC
tBTC
TBTC
$ 64,040
-0.03%
+0.00%
+1.01%
$ 321.03M
$ 1.75M
31
Staked USDai
Staked USDai
SUSDAI
$ 1.096
0.00%
0.00%
+0.09%
$ 317.28M
$ 240.02K
32
JITO
JITO
JTO
$ 0.608
-0.81%
-0.54%
-14.98%
$ 296.42M
$ 140.52K
33
Gnosis
Gnosis
GNO
$ 108.14
+0.13%
+0.25%
+2.97%
$ 286.89M
$ 531.95
34
Lido DAO
Lido DAO
LDO
$ 0.3172
-0.37%
+7.05%
+17.10%
$ 271.22M
$ 545.58K
35
Pendle
Pendle
PENDLE
$ 1.553
-0.32%
+3.58%
+10.92%
$ 267.25M
$ 240.56K
36
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 1,919.22
0.00%
+0.00%
+1.07%
$ 260.97M
$ 13.50
37
Olympus
Olympus
OHM
$ 17.24
+0.29%
+0.01%
+1.53%
$ 257.76M
$ 2.09K
38
Maple Finance
Maple Finance
SYRUP
$ 0.19074
+0.60%
+2.81%
+13.57%
$ 227.82M
$ 631.89K
39
Staked Aave
Staked Aave
STKAAVE
$ 99.92
-0.21%
+0.03%
+12.79%
$ 224.31M
$ 5.05K
40
Zebec Network
Zebec Network
ZBCN
$ 0.0021931
-0.13%
+0.83%
-1.11%
$ 220.66M
$ 95.49M
41
Telcoin
Telcoin
TEL
$ 0.002252
-0.09%
-0.49%
-0.79%
$ 216.74M
$ 31.17M
42
crvUSD
crvUSD
CRVUSD
$ 0.999355
-0.01%
0.00%
-0.01%
$ 206.43M
$ 11.13M
43
LAB
LAB
LAB
$ 0.61865
+0.76%
-27.05%
-96.14%
$ 199.41M
$ 3.44M
44
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.12
0.00%
0.00%
0.00%
$ 195.94M
$ 36.71K
45
Velvet
Velvet
VELVET
$ 0.4416
+2.57%
-3.10%
-11.74%
$ 191.34M
$ 1.55M
46
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 108.53
-0.20%
0.00%
-4.04%
$ 187.71M
$ 310.73K
47
Raydium
Raydium
RAY
$ 0.6935
-0.33%
+0.11%
-3.76%
$ 187.59M
$ 95.40K
48
MIOTAC
MIOTAC
IOTA
$ 0.03952
-0.77%
+1.09%
+3.87%
$ 178.30M
$ 2.37M
49
Compound
Compound
COMP
$ 17.3
+0.46%
+3.50%
+3.07%
$ 174.60M
$ 3.26K
50
Plasma
Plasma
XPL
$ 0.09244
-0.67%
+1.59%
-12.99%
$ 168.43M
$ 5.04M

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.