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
Hyperliquid
Hyperliquid
HYPE
$ 70.82
-0.47%
+6.48%
+13.51%
$ 17.87B
$ 36.47K
2
Lido Staked ETH
Lido Staked ETH
STETH
$ 1,762.37
+0.04%
+3.70%
+11.74%
$ 15.83B
$ 35.88
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,175.4
+0.13%
+0.04%
+11.49%
$ 8.21B
$ 995.30K
4
Chainlink
Chainlink
LINK
$ 7.956
-0.04%
+2.73%
+8.64%
$ 5.22B
$ 84.23K
5
UNISWAP
UNISWAP
UNI
$ 3.207
-0.56%
+1.36%
+9.20%
$ 1.99B
$ 61.31K
6
DEXE
DEXE
DEXE
$ 22.931
-0.58%
-0.38%
+2.95%
$ 1.92B
$ 3.74K
7
LAB
LAB
LAB
$ 5.98051
-0.22%
-44.48%
-65.74%
$ 1.85B
$ 405.75K
8
Aster
Aster
ASTER
$ 0.6501
-0.37%
+1.74%
+4.54%
$ 1.75B
$ 1.41M
9
Ondo
Ondo
ONDO
$ 0.33399
-0.34%
+1.60%
+6.87%
$ 1.63B
$ 720.82K
10
Sky Protocol
Sky Protocol
SKY
$ 0.05899
-0.30%
-1.04%
+19.09%
$ 1.38B
$ 975.00K
11
AaveToken
AaveToken
AAVE
$ 87.36
-0.27%
+1.73%
-7.29%
$ 1.34B
$ 6.07K
12
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.17
0.00%
0.00%
0.00%
$ 1.33B
$ 790.62K
13
MORPHO
MORPHO
MORPHO
$ 1.9667
-0.50%
-5.30%
+11.30%
$ 982.61M
$ 65.84K
14
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.72
0.00%
+0.01%
+9.41%
$ 842.95M
$ 3.65M
15
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 92.05
+0.07%
+0.02%
+16.62%
$ 829.09M
$ 790.49K
16
Jupiter
Jupiter
JUP
$ 0.2435
-0.69%
+0.75%
+10.40%
$ 807.17M
$ 1.15M
17
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.07371
+0.07%
+1.43%
+4.00%
$ 786.49M
$ 2.51M
18
JUST
JUST
JST
$ 0.09046
+0.30%
+2.78%
+5.23%
$ 772.95M
$ 814.39K
19
Ethena
Ethena
ENA
$ 0.0796
+0.01%
+5.02%
+2.93%
$ 738.57M
$ 12.51M
20
Lighter
Lighter
LIT
$ 2.1305
+0.42%
+3.31%
+21.17%
$ 530.50M
$ 128.52K
21
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.5573
+0.07%
+9.04%
+19.10%
$ 529.94M
$ 421.99K
22
PancakeSwap
PancakeSwap
CAKE
$ 1.394
-0.21%
+2.50%
+5.76%
$ 490.85M
$ 346.65K
23
Injective
Injective
INJ
$ 4.865
-0.02%
+3.98%
+3.38%
$ 486.16M
$ 316.42K
24
JITO
JITO
JTO
$ 0.7593
-0.65%
+2.59%
-7.86%
$ 367.47M
$ 254.79K
25
TIA
TIA
TIA
$ 0.3991
-0.62%
+9.21%
+5.99%
$ 366.50M
$ 3.53M
26
SEI
SEI
SEI
$ 0.04996
-0.16%
+4.00%
-1.05%
$ 360.09M
$ 3.87M
27
Terra Classic
Terra Classic
LUNC
$ 0.00006421
-0.61%
+4.01%
+5.28%
$ 353.14M
$ 2.64B
28
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.3749
+0.65%
+11.84%
+7.93%
$ 328.58M
$ 7.57M
29
SUN
SUN
SUN
$ 0.016909
+0.50%
+1.17%
+0.94%
$ 324.47M
$ 17.82M
30
Curve
Curve
CRV
$ 0.2085
-0.05%
+1.56%
+8.20%
$ 316.08M
$ 2.43M
31
tBTC
tBTC
TBTC
$ 62,659
0.00%
+0.02%
+4.57%
$ 311.25M
$ 1.72M
32
Pyth Network
Pyth Network
PYTH
$ 0.03939
-0.13%
+1.47%
+16.35%
$ 309.33M
$ 10.46M
33
Staked USDai
Staked USDai
SUSDAI
$ 1.094
0.00%
0.00%
+0.18%
$ 297.93M
$ 608.34K
34
Gnosis
Gnosis
GNO
$ 105.26
-0.12%
+0.52%
+0.92%
$ 277.49M
$ 687.85
35
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 1,876.82
+0.15%
+0.04%
+11.66%
$ 254.96M
$ 2.95K
36
Pendle
Pendle
PENDLE
$ 1.481
-0.07%
-1.98%
+19.04%
$ 253.23M
$ 250.11K
37
Olympus
Olympus
OHM
$ 16.9
+0.12%
+0.02%
+7.57%
$ 252.80M
$ 100.08K
38
ETHGAS
ETHGAS
GWEI
$ 0.13984
+0.31%
+15.84%
+7.23%
$ 245.44M
$ 2.00M
39
B
B
B
$ 0.23937
+0.29%
-4.99%
+3.08%
$ 238.88M
$ 312.82K
40
Zebec Network
Zebec Network
ZBCN
$ 0.0023347
-0.63%
+0.52%
-0.20%
$ 233.46M
$ 85.83M
41
Telcoin
Telcoin
TEL
$ 0.002389
+0.21%
-0.08%
+1.14%
$ 230.00M
$ 31.69M
42
Lido DAO
Lido DAO
LDO
$ 0.2677
-0.26%
+3.05%
+7.93%
$ 224.87M
$ 349.15K
43
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 114.16
-0.04%
+0.02%
+16.57%
$ 199.22M
$ 702.45K
44
Raydium
Raydium
RAY
$ 0.7256
-0.52%
+4.99%
+18.73%
$ 195.29M
$ 107.95K
45
Staked Aave
Staked Aave
STKAAVE
$ 87.12
-0.08%
+0.01%
-6.73%
$ 195.23M
$ 5.61K
46
Plasma
Plasma
XPL
$ 0.10678
+0.21%
+12.95%
+4.38%
$ 191.41M
$ 11.92M
47
Maple Finance
Maple Finance
SYRUP
$ 0.15795
-0.73%
-0.30%
+7.52%
$ 187.83M
$ 615.40K
48
Velvet
Velvet
VELVET
$ 0.44015
+0.56%
-3.58%
-69.26%
$ 187.28M
$ 2.78M
49
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.11
0.00%
0.00%
0.00%
$ 185.10M
$ 22.90K
50
crvUSD
crvUSD
CRVUSD
$ 0.999563
0.00%
0.00%
+0.10%
$ 180.58M
$ 19.06M

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.