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
$ 66.24
-0.08%
-3.99%
-7.96%
$ 16.85B
$ 28.94K
2
Lido Staked ETH
Lido Staked ETH
STETH
$ 1,735.85
-0.10%
+0.05%
-1.99%
$ 15.61B
$ 31.09
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,141.1
+0.04%
+0.00%
-2.40%
$ 7.77B
$ 7.13M
4
Chainlink
Chainlink
LINK
$ 7.903
+0.03%
-0.13%
-4.08%
$ 5.22B
$ 100.88K
5
LAB
LAB
LAB
$ 14.99734
-0.18%
-1.83%
+47.42%
$ 4.65B
$ 129.88K
6
UNISWAP
UNISWAP
UNI
$ 3.01
-0.82%
+0.73%
+1.31%
$ 1.88B
$ 65.94K
7
Aster
Aster
ASTER
$ 0.633
+0.22%
-2.18%
-3.16%
$ 1.71B
$ 1.93M
8
Ondo
Ondo
ONDO
$ 0.33562
-0.08%
-0.77%
-10.11%
$ 1.64B
$ 1.66M
9
Sky Protocol
Sky Protocol
SKY
$ 0.05927
-0.44%
+0.96%
+2.60%
$ 1.38B
$ 1.05M
10
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.17
0.00%
+0.02%
0.00%
$ 1.30B
$ 1.78M
11
AaveToken
AaveToken
AAVE
$ 75.31
-0.22%
-0.47%
+0.40%
$ 1.17B
$ 3.34K
12
DEXE
DEXE
DEXE
$ 13.725
-0.15%
-5.62%
-28.66%
$ 1.13B
$ 8.85K
13
MORPHO
MORPHO
MORPHO
$ 1.8093
-0.14%
-2.05%
-6.83%
$ 909.89M
$ 38.82K
14
Ethena
Ethena
ENA
$ 0.0936
-0.49%
+3.14%
+5.97%
$ 867.39M
$ 7.72M
15
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.07937
-0.15%
-0.53%
+1.05%
$ 844.48M
$ 1.92M
16
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.52
0.00%
+0.43%
-0.85%
$ 806.15M
$ 3.25M
17
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 82.51
+0.10%
+1.04%
-0.66%
$ 765.37M
$ 864.50K
18
JUST
JUST
JST
$ 0.0834
-0.35%
+0.71%
+4.42%
$ 714.34M
$ 624.03K
19
Jupiter
Jupiter
JUP
$ 0.2109
-0.14%
-1.94%
+5.37%
$ 703.24M
$ 1.73M
20
Injective
Injective
INJ
$ 4.872
-0.33%
-2.62%
-16.17%
$ 490.26M
$ 295.12K
21
PancakeSwap
PancakeSwap
CAKE
$ 1.372
0.00%
-0.79%
-2.82%
$ 485.22M
$ 204.68K
22
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.5091
-1.59%
-5.95%
+14.17%
$ 483.55M
$ 367.72K
23
Lighter
Lighter
LIT
$ 1.6317
-0.84%
+2.24%
-8.81%
$ 405.35M
$ 108.34K
24
SEI
SEI
SEI
$ 0.0549
-0.25%
-1.66%
+2.37%
$ 396.69M
$ 1.70M
25
Terra Classic
Terra Classic
LUNC
$ 0.00006663
+0.78%
-2.28%
-6.38%
$ 368.37M
$ 2.62B
26
TIA
TIA
TIA
$ 0.3759
0.00%
+1.41%
-1.16%
$ 344.97M
$ 1.15M
27
SUN
SUN
SUN
$ 0.017294
+0.14%
+0.51%
+2.09%
$ 333.53M
$ 5.67M
28
tBTC
tBTC
TBTC
$ 64,081
0.00%
-0.15%
-3.23%
$ 318.60M
$ 3.44M
29
Curve
Curve
CRV
$ 0.2065
+0.05%
-3.77%
-17.24%
$ 313.81M
$ 2.07M
30
JITO
JITO
JTO
$ 0.644
+0.69%
-8.32%
-11.79%
$ 312.18M
$ 355.46K
31
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.3461
-0.09%
-0.14%
+3.07%
$ 307.18M
$ 3.92M
32
Staked USDai
Staked USDai
SUSDAI
$ 1.092
0.00%
+0.01%
+0.18%
$ 292.96M
$ 1.41M
33
Pyth Network
Pyth Network
PYTH
$ 0.03644
+0.19%
+0.27%
-7.84%
$ 287.91M
$ 8.67M
34
Gnosis
Gnosis
GNO
$ 107.3
-0.17%
-0.72%
+1.47%
$ 283.46M
$ 561.02
35
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 1,827.96
0.00%
-0.97%
-2.82%
$ 246.95M
$ 14.95
36
Pendle
Pendle
PENDLE
$ 1.416
0.00%
-2.73%
+2.22%
$ 243.49M
$ 360.22K
37
Zebec Network
Zebec Network
ZBCN
$ 0.0024343
-0.20%
-0.39%
-10.72%
$ 242.68M
$ 50.89M
38
Olympus
Olympus
OHM
$ 15.96
-0.44%
+1.60%
-1.05%
$ 237.53M
$ 110.78K
39
Telcoin
Telcoin
TEL
$ 0.002392
+0.50%
+0.50%
-5.09%
$ 230.87M
$ 41.88M
40
Lido DAO
Lido DAO
LDO
$ 0.2698
+0.19%
-2.28%
-1.74%
$ 227.90M
$ 476.14K
41
B
B
B
$ 0.21999
-0.30%
-3.24%
-10.03%
$ 219.55M
$ 319.87K
42
Velvet
Velvet
VELVET
$ 0.48544
+0.11%
+1.64%
+14.63%
$ 208.28M
$ 2.17M
43
crvUSD
crvUSD
CRVUSD
$ 0.998667
0.00%
-0.00%
-0.09%
$ 207.51M
$ 8.43M
44
Falcon Finance
Falcon Finance
FF
$ 0.07062
-0.21%
-1.43%
-2.98%
$ 202.83M
$ 780.78K
45
MIOTAC
MIOTAC
IOTA
$ 0.04444
-0.16%
-0.80%
-9.87%
$ 200.88M
$ 1.35M
46
Bitway
Bitway
BTW
$ 0.098157
+6.58%
-3.84%
+22.09%
$ 198.01M
$ 59.17M
47
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 102.31
+0.06%
+1.08%
-0.76%
$ 184.41M
$ 1.10M
48
ETHGAS
ETHGAS
GWEI
$ 0.10629
+1.28%
-0.75%
-28.10%
$ 180.64M
$ 131.09K
49
Compound
Compound
COMP
$ 17.9
-0.28%
+1.01%
-1.53%
$ 179.76M
$ 3.51K
50
Raydium
Raydium
RAY
$ 0.6273
-0.14%
+0.82%
-0.50%
$ 169.67M
$ 114.31K

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.