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
$ 67.06
-0.68%
-0.58%
-3.11%
$ 17.07B
$ 25.78K
2
Lido Staked ETH
Lido Staked ETH
STETH
$ 1,816.33
+0.32%
+1.69%
+2.58%
$ 16.36B
$ 32.47
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,249.98
+0.26%
+0.02%
+2.64%
$ 8.46B
$ 983.23K
4
Chainlink
Chainlink
LINK
$ 8.054
-0.01%
+1.96%
+1.55%
$ 5.30B
$ 47.18K
5
DEXE
DEXE
DEXE
$ 37.791
+1.39%
+7.04%
+54.42%
$ 3.16B
$ 11.39K
6
UNISWAP
UNISWAP
UNI
$ 3.755
-0.59%
+4.66%
+18.43%
$ 2.32B
$ 99.38K
7
Aster
Aster
ASTER
$ 0.6284
-0.10%
-0.02%
-1.94%
$ 1.70B
$ 414.98K
8
Ondo
Ondo
ONDO
$ 0.33303
-0.55%
+2.50%
+2.26%
$ 1.63B
$ 652.34K
9
AaveToken
AaveToken
AAVE
$ 99.28
-0.65%
+3.61%
+10.07%
$ 1.51B
$ 4.95K
10
Sky Protocol
Sky Protocol
SKY
$ 0.06
-0.48%
+4.14%
+8.73%
$ 1.40B
$ 925.33K
11
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.17
0.00%
0.00%
0.00%
$ 1.39B
$ 1.12M
12
MORPHO
MORPHO
MORPHO
$ 2.2072
-0.71%
-2.82%
+14.61%
$ 1.11B
$ 70.12K
13
JUST
JUST
JST
$ 0.10125
+0.62%
-1.04%
+9.80%
$ 865.74M
$ 1.02M
14
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.07986
-0.17%
+1.80%
+9.30%
$ 851.63M
$ 2.65M
15
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.68
0.00%
+0.01%
-0.54%
$ 829.94M
$ 1.38M
16
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 88.02
+0.07%
+0.01%
-2.93%
$ 790.30M
$ 861.70K
17
Ethena
Ethena
ENA
$ 0.08248
+0.49%
+5.60%
+6.50%
$ 775.01M
$ 6.70M
18
Jupiter
Jupiter
JUP
$ 0.2096
-0.19%
+4.84%
-14.38%
$ 697.93M
$ 1.65M
19
Lighter
Lighter
LIT
$ 2.5881
-0.70%
+4.46%
+6.36%
$ 649.15M
$ 128.93K
20
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.5391
+0.43%
+5.71%
-4.96%
$ 515.08M
$ 213.78K
21
PancakeSwap
PancakeSwap
CAKE
$ 1.436
-0.48%
+3.60%
+1.70%
$ 506.33M
$ 245.82K
22
Injective
Injective
INJ
$ 5.032
-0.30%
+4.85%
+9.06%
$ 505.45M
$ 284.21K
23
Pyth Network
Pyth Network
PYTH
$ 0.0485
+2.50%
+11.97%
+26.94%
$ 391.15M
$ 9.87M
24
TIA
TIA
TIA
$ 0.4147
-0.38%
+2.80%
+7.24%
$ 381.40M
$ 1.15M
25
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.4266
-0.63%
+6.01%
+2.04%
$ 374.64M
$ 5.03M
26
SEI
SEI
SEI
$ 0.05012
-0.08%
+0.42%
+3.39%
$ 362.98M
$ 1.79M
27
SUN
SUN
SUN
$ 0.018418
-0.12%
-0.08%
+3.66%
$ 354.74M
$ 7.37M
28
Terra Classic
Terra Classic
LUNC
$ 0.00006131
-0.08%
+0.85%
-0.55%
$ 340.18M
$ 2.44B
29
tBTC
tBTC
TBTC
$ 64,397
+0.03%
0.00%
+2.22%
$ 323.25M
$ 1.22M
30
Curve
Curve
CRV
$ 0.208
+0.29%
+1.50%
-1.69%
$ 317.15M
$ 1.10M
31
Staked USDai
Staked USDai
SUSDAI
$ 1.096
0.00%
0.00%
+0.09%
$ 311.12M
$ 252.37K
32
JITO
JITO
JTO
$ 0.6256
-0.66%
+0.45%
-12.20%
$ 303.72M
$ 143.41K
33
Gnosis
Gnosis
GNO
$ 108.76
-0.47%
+0.58%
+3.69%
$ 286.84M
$ 538.95
34
Pendle
Pendle
PENDLE
$ 1.571
-0.57%
+5.14%
+11.70%
$ 269.13M
$ 249.08K
35
Lido DAO
Lido DAO
LDO
$ 0.3134
+0.19%
+3.35%
+16.20%
$ 262.96M
$ 518.53K
36
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 1,919.22
0.00%
+0.01%
+1.77%
$ 260.97M
$ 13.50
37
Olympus
Olympus
OHM
$ 17.38
+0.40%
+0.01%
+2.36%
$ 259.76M
$ 5.01K
38
LAB
LAB
LAB
$ 0.76669
-5.01%
-23.95%
-95.21%
$ 239.91M
$ 2.99M
39
Maple Finance
Maple Finance
SYRUP
$ 0.19471
+1.39%
+6.19%
+17.14%
$ 230.42M
$ 979.01K
40
Zebec Network
Zebec Network
ZBCN
$ 0.0022275
+1.03%
+1.35%
-0.81%
$ 224.02M
$ 78.73M
41
Staked Aave
Staked Aave
STKAAVE
$ 98.16
+1.48%
+0.03%
+11.29%
$ 220.14M
$ 4.05K
42
Telcoin
Telcoin
TEL
$ 0.002256
+0.27%
-0.62%
-0.70%
$ 217.03M
$ 29.60M
43
crvUSD
crvUSD
CRVUSD
$ 0.999219
0.00%
0.00%
+0.01%
$ 206.59M
$ 7.69M
44
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.12
0.00%
-0.03%
+0.90%
$ 195.71M
$ 35.94K
45
Raydium
Raydium
RAY
$ 0.6988
+0.04%
+1.83%
-0.96%
$ 189.07M
$ 105.35K
46
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 109.38
+0.26%
+0.01%
-2.76%
$ 189.07M
$ 368.19K
47
MIOTAC
MIOTAC
IOTA
$ 0.03988
+0.35%
0.00%
+4.81%
$ 179.91M
$ 2.67M
48
Velvet
Velvet
VELVET
$ 0.43239
-1.34%
-15.60%
-13.86%
$ 179.04M
$ 1.60M
49
Compound
Compound
COMP
$ 16.98
-0.29%
+1.55%
+1.85%
$ 170.70M
$ 3.19K
50
Falcon Finance
Falcon Finance
FF
$ 0.05838
+0.29%
-0.14%
-4.55%
$ 167.81M
$ 1.21M

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.