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
$ 62.38
+0.02%
-1.02%
-13.73%
$ 15.74B
$ 33.01K
2
Lido Staked ETH
Lido Staked ETH
STETH
$ 1,672.26
-0.21%
+1.09%
-4.30%
$ 15.01B
$ 35.73
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,063.11
-0.04%
-1.32%
-4.53%
$ 7.50B
$ 10.35M
4
Chainlink
Chainlink
LINK
$ 7.613
-0.16%
+0.80%
-5.46%
$ 4.99B
$ 176.95K
5
LAB
LAB
LAB
$ 16.13358
+1.09%
+0.85%
+4.56%
$ 4.99B
$ 57.70K
6
DEXE
DEXE
DEXE
$ 23.055
+0.34%
-1.06%
+52.18%
$ 1.91B
$ 14.40K
7
UNISWAP
UNISWAP
UNI
$ 2.902
-0.14%
+2.11%
-7.97%
$ 1.80B
$ 56.67K
8
Aster
Aster
ASTER
$ 0.6304
+0.11%
+2.19%
-7.58%
$ 1.70B
$ 3.08M
9
Ondo
Ondo
ONDO
$ 0.30709
-0.23%
-1.44%
-16.39%
$ 1.50B
$ 1.22M
10
Sky Protocol
Sky Protocol
SKY
$ 0.05542
+0.23%
-2.51%
-3.50%
$ 1.29B
$ 1.16M
11
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.17
0.00%
+0.02%
0.00%
$ 1.29B
$ 1.52M
12
AaveToken
AaveToken
AAVE
$ 71.71
+0.10%
-0.33%
-4.00%
$ 1.10B
$ 6.65K
13
MORPHO
MORPHO
MORPHO
$ 1.6466
+0.15%
-3.56%
-17.26%
$ 829.23M
$ 50.59K
14
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.0767
-0.38%
+0.16%
+0.54%
$ 818.79M
$ 2.67M
15
Ethena
Ethena
ENA
$ 0.08427
-0.13%
-0.98%
-10.23%
$ 785.60M
$ 12.47M
16
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.4
0.00%
-0.73%
-2.02%
$ 773.09M
$ 2.85M
17
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 77.49
+0.05%
-0.91%
-3.40%
$ 718.65M
$ 714.31K
18
JUST
JUST
JST
$ 0.08426
+0.29%
+3.28%
+1.41%
$ 717.25M
$ 758.43K
19
Jupiter
Jupiter
JUP
$ 0.2124
+0.48%
+4.67%
+11.95%
$ 699.92M
$ 983.67K
20
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.5213
-0.21%
+0.42%
+11.85%
$ 498.03M
$ 512.83K
21
PancakeSwap
PancakeSwap
CAKE
$ 1.332
+0.08%
+0.83%
-1.77%
$ 468.68M
$ 380.41K
22
Injective
Injective
INJ
$ 4.512
-0.24%
-1.46%
-14.46%
$ 451.77M
$ 216.67K
23
Lighter
Lighter
LIT
$ 1.5525
-0.15%
-0.46%
-6.75%
$ 387.25M
$ 140.95K
24
SEI
SEI
SEI
$ 0.05265
-0.34%
+0.59%
-3.88%
$ 380.38M
$ 1.47M
25
Terra Classic
Terra Classic
LUNC
$ 0.00006342
-0.20%
-1.65%
-11.90%
$ 349.61M
$ 3.34B
26
TIA
TIA
TIA
$ 0.3731
-0.32%
-2.09%
-5.44%
$ 340.65M
$ 1.92M
27
SUN
SUN
SUN
$ 0.017294
+0.05%
-0.25%
+0.09%
$ 332.18M
$ 8.24M
28
JITO
JITO
JTO
$ 0.6728
+0.93%
+5.02%
-5.58%
$ 323.58M
$ 289.83K
29
tBTC
tBTC
TBTC
$ 62,518
0.00%
+0.01%
-2.57%
$ 310.99M
$ 5.35M
30
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.3484
+0.29%
+7.19%
-4.24%
$ 304.53M
$ 4.75M
31
Curve
Curve
CRV
$ 0.1989
+0.05%
-2.64%
-11.10%
$ 302.58M
$ 1.38M
32
Staked USDai
Staked USDai
SUSDAI
$ 1.092
0.00%
-0.01%
+0.37%
$ 296.03M
$ 735.83K
33
Gnosis
Gnosis
GNO
$ 106.68
-0.15%
+1.97%
+1.76%
$ 283.03M
$ 528.47
34
Pyth Network
Pyth Network
PYTH
$ 0.03516
+0.09%
+1.29%
-7.20%
$ 277.99M
$ 6.70M
35
Olympus
Olympus
OHM
$ 16.52
+0.30%
+3.76%
+3.31%
$ 245.99M
$ 38.37K
36
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 1,780.32
-0.09%
-0.95%
-4.25%
$ 240.24M
$ 88.31K
37
Zebec Network
Zebec Network
ZBCN
$ 0.0023704
-0.02%
+1.76%
-7.86%
$ 238.31M
$ 41.55M
38
Telcoin
Telcoin
TEL
$ 0.002487
+0.24%
+0.65%
+1.44%
$ 237.59M
$ 69.58M
39
Bitway
Bitway
BTW
$ 0.099079
+0.46%
+10.32%
+106.70%
$ 221.82M
$ 21.25M
40
B
B
B
$ 0.22062
-1.15%
-4.25%
-1.48%
$ 220.44M
$ 402.55K
41
Pendle
Pendle
PENDLE
$ 1.274
0.00%
-1.84%
-14.05%
$ 218.55M
$ 284.50K
42
Lido DAO
Lido DAO
LDO
$ 0.2568
-0.16%
+0.47%
-10.34%
$ 216.36M
$ 408.14K
43
ETHGAS
ETHGAS
GWEI
$ 0.11922
-0.79%
+1.21%
+5.34%
$ 211.72M
$ 191.52K
44
crvUSD
crvUSD
CRVUSD
$ 0.998712
-0.01%
+0.02%
+0.01%
$ 195.30M
$ 14.68M
45
Falcon Finance
Falcon Finance
FF
$ 0.06679
-0.57%
+1.57%
-12.03%
$ 191.76M
$ 996.89K
46
MIOTAC
MIOTAC
IOTA
$ 0.04189
+0.17%
+1.96%
-12.28%
$ 189.52M
$ 1.53M
47
Velvet
Velvet
VELVET
$ 0.44191
-1.05%
-9.80%
+18.18%
$ 185.91M
$ 1.61M
48
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.11
0.00%
+0.01%
0.00%
$ 173.13M
$ 241.56K
49
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 96.14
+0.09%
-1.19%
-3.35%
$ 173.00M
$ 646.36K
50
Compound
Compound
COMP
$ 16.75
+0.06%
-1.47%
-5.47%
$ 167.47M
$ 3.98K

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.