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
$ 71.5
+0.38%
+5.64%
+13.29%
$ 18.12B
$ 42.43K
2
Lido Staked ETH
Lido Staked ETH
STETH
$ 1,756.9
0.00%
+1.81%
+11.16%
$ 15.77B
$ 35.10
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,170.66
-0.09%
+0.02%
+10.83%
$ 8.19B
$ 2.60M
4
Chainlink
Chainlink
LINK
$ 7.921
-0.11%
+1.59%
+7.61%
$ 5.19B
$ 76.14K
5
LAB
LAB
LAB
$ 9.44046
+1.73%
+26.27%
-49.54%
$ 2.78B
$ 561.15K
6
UNISWAP
UNISWAP
UNI
$ 3.177
-0.28%
-1.12%
+8.02%
$ 1.98B
$ 54.39K
7
DEXE
DEXE
DEXE
$ 23.143
+0.59%
+0.98%
+3.43%
$ 1.94B
$ 4.39K
8
Aster
Aster
ASTER
$ 0.6418
+0.02%
+0.20%
+2.53%
$ 1.73B
$ 1.41M
9
Ondo
Ondo
ONDO
$ 0.33237
-0.10%
+0.86%
+6.60%
$ 1.62B
$ 775.14K
10
Sky Protocol
Sky Protocol
SKY
$ 0.0582
-0.02%
-2.87%
+15.96%
$ 1.36B
$ 969.63K
11
AaveToken
AaveToken
AAVE
$ 87.73
-0.68%
+0.96%
-5.26%
$ 1.34B
$ 6.55K
12
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.17
0.00%
0.00%
0.00%
$ 1.34B
$ 888.05K
13
MORPHO
MORPHO
MORPHO
$ 1.9844
-0.20%
+0.13%
+13.13%
$ 1.00B
$ 64.43K
14
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.72
-0.27%
+0.01%
+8.14%
$ 843.13M
$ 3.47M
15
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 92.2
-0.39%
+0.02%
+15.42%
$ 830.63M
$ 1.03M
16
Jupiter
Jupiter
JUP
$ 0.2363
-0.08%
-2.35%
+9.77%
$ 787.25M
$ 1.19M
17
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.073
-0.01%
-0.60%
+2.00%
$ 778.06M
$ 2.47M
18
JUST
JUST
JST
$ 0.0905
-0.14%
+1.27%
+4.37%
$ 770.82M
$ 743.40K
19
Ethena
Ethena
ENA
$ 0.07784
-0.29%
+1.07%
+1.40%
$ 729.37M
$ 12.12M
20
Lighter
Lighter
LIT
$ 2.1797
+0.64%
+8.36%
+21.96%
$ 552.13M
$ 133.91K
21
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.5481
+0.13%
+8.43%
+15.68%
$ 520.80M
$ 519.76K
22
PancakeSwap
PancakeSwap
CAKE
$ 1.382
+0.07%
+0.66%
+3.29%
$ 485.57M
$ 444.50K
23
Injective
Injective
INJ
$ 4.793
-0.43%
+1.51%
+2.34%
$ 484.96M
$ 301.79K
24
TIA
TIA
TIA
$ 0.3877
-0.40%
+3.28%
+5.95%
$ 365.12M
$ 3.81M
25
JITO
JITO
JTO
$ 0.7512
-0.80%
-0.92%
-5.18%
$ 360.41M
$ 247.58K
26
SEI
SEI
SEI
$ 0.04948
-0.02%
+0.38%
-2.21%
$ 357.64M
$ 3.92M
27
Terra Classic
Terra Classic
LUNC
$ 0.00006391
+0.25%
+2.30%
+5.38%
$ 353.58M
$ 2.68B
28
SUN
SUN
SUN
$ 0.016955
-0.12%
+2.03%
+1.13%
$ 325.64M
$ 29.27M
29
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.3759
-0.81%
+9.16%
+6.33%
$ 325.41M
$ 9.01M
30
Curve
Curve
CRV
$ 0.2069
-0.24%
+0.34%
+7.05%
$ 313.20M
$ 2.56M
31
tBTC
tBTC
TBTC
$ 62,388
+0.01%
+0.01%
+3.43%
$ 310.13M
$ 2.29M
32
Pyth Network
Pyth Network
PYTH
$ 0.0384
+0.24%
-3.46%
+11.97%
$ 301.30M
$ 9.48M
33
Staked USDai
Staked USDai
SUSDAI
$ 1.094
0.00%
0.00%
+0.09%
$ 297.95M
$ 588.23K
34
Gnosis
Gnosis
GNO
$ 105.01
+0.17%
+0.41%
+0.34%
$ 278.18M
$ 654.93
35
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 1,872.4
+0.09%
+0.02%
+11.40%
$ 254.36M
$ 13.27K
36
Olympus
Olympus
OHM
$ 16.95
0.00%
+0.02%
+7.62%
$ 253.43M
$ 100.05K
37
Pendle
Pendle
PENDLE
$ 1.466
+0.68%
-1.93%
+16.84%
$ 251.35M
$ 358.51K
38
ETHGAS
ETHGAS
GWEI
$ 0.14747
-0.15%
+16.93%
+7.10%
$ 251.25M
$ 1.71M
39
Velvet
Velvet
VELVET
$ 0.57792
+13.21%
+29.64%
-63.33%
$ 245.10M
$ 3.65M
40
Zebec Network
Zebec Network
ZBCN
$ 0.002318
-0.29%
0.00%
-0.87%
$ 231.74M
$ 87.23M
41
Telcoin
Telcoin
TEL
$ 0.002344
-0.13%
-3.55%
-0.26%
$ 224.43M
$ 29.88M
42
Lido DAO
Lido DAO
LDO
$ 0.2634
+0.08%
+1.62%
+5.90%
$ 222.42M
$ 322.34K
43
B
B
B
$ 0.21124
-2.76%
-13.57%
-4.99%
$ 215.35M
$ 559.29K
44
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 114.29
-0.23%
+0.02%
+14.63%
$ 198.45M
$ 1.07M
45
Staked Aave
Staked Aave
STKAAVE
$ 86.89
-0.11%
+0.01%
-4.19%
$ 194.77M
$ 5.19K
46
Plasma
Plasma
XPL
$ 0.10653
+0.49%
+9.50%
+7.17%
$ 193.97M
$ 12.65M
47
Maple Finance
Maple Finance
SYRUP
$ 0.16218
-1.94%
+4.26%
+10.65%
$ 192.21M
$ 637.22K
48
Raydium
Raydium
RAY
$ 0.7152
-0.21%
-2.02%
+15.62%
$ 191.87M
$ 104.14K
49
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.11
0.00%
0.00%
0.00%
$ 185.60M
$ 27.29K
50
crvUSD
crvUSD
CRVUSD
$ 0.999393
+0.01%
0.00%
+0.08%
$ 180.53M
$ 15.35M

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.