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
51
Coinbase Wrapped XRP
Coinbase Wrapped XRP
CBXRP
$ 1.45
+0.69%
-0.05%
+32.54%
$ 171.07M
$ 5.10M
52
THORChain
THORChain
RUNE
$ 0.4975
+1.71%
+1.50%
+18.00%
$ 169.25M
$ 636.03K
53
Plasma
Plasma
XPL
$ 0.09223
+0.42%
-7.27%
+13.33%
$ 166.19M
$ 10.61M
54
Ethena Staked ENA
Ethena Staked ENA
SENA
$ 0.146738
0.00%
-0.06%
+56.56%
$ 161.56M
$ 457.84K
55
DEXE
DEXE
DEXE
$ 1.914
+1.11%
+1.97%
+0.31%
$ 160.43M
$ 63.59K
56
Frax Ether
Frax Ether
FRXETH
$ 2,456.72
+0.58%
-0.02%
+9.70%
$ 151.76M
$ 450.34K
57
Spiko Amundi Overnight Swap Fund
Spiko Amundi Overnight Swap Fund
SAFO
$ 1.018
0.00%
0.00%
0.00%
$ 149.42M
--
58
Vision
Vision
VSN
$ 0.03907
-0.05%
+0.39%
+6.22%
$ 142.05M
$ 1.47M
59
syrupUSDG
syrupUSDG
SYRUPUSDG
$ 1.007
0.00%
0.00%
0.00%
$ 135.05M
$ 3.65K
60
BUILDon
BUILDon
B
$ 0.13149
+0.36%
-3.01%
-14.75%
$ 131.75M
$ 651.98K
61
1INCH
1INCH
1INCH
$ 0.08964
+0.02%
-2.78%
+3.30%
$ 126.33M
$ 676.95K
62
Bybit Staked SOL
Bybit Staked SOL
BBSOL
$ 113.53
+0.10%
-0.04%
+15.07%
$ 120.67M
$ 2.86M
63
AWE Network
AWE Network
AWE
$ 0.06249
+0.71%
-2.18%
-0.77%
$ 120.45M
$ 908.13K
64
Kamino
Kamino
KMNO
$ 0.02442
-0.04%
-3.31%
+22.13%
$ 118.56M
$ 2.82M
65
RealLink
RealLink
REAL
$ 0.08011
-0.04%
-5.49%
-0.56%
$ 109.61M
$ 2.83M
66
Stargate Finance
Stargate Finance
STG
$ 0.1671
+2.11%
+3.26%
+8.86%
$ 108.86M
$ 380.31K
67
Derive
Derive
DRV
$ 0.14677
+0.51%
-5.36%
+50.73%
$ 107.44M
$ 432.39K
68
Nexus Mutual
Nexus Mutual
NXM
$ 63.14
+0.17%
-0.02%
+8.08%
$ 106.93M
--
69
SoSoValue
SoSoValue
SOSO
$ 0.3099
+0.91%
-1.59%
-3.96%
$ 106.05M
$ 310.76K
70
Staked Frax Ether
Staked Frax Ether
SFRXETH
$ 2,864.79
+0.61%
-0.01%
+9.80%
$ 105.97M
$ 11.83K
71
Instadapp
Instadapp
FLUID
$ 1.3102
0.00%
-3.28%
+9.37%
$ 103.11M
$ 217.87
72
dYdX
dYdX
DYDX
$ 0.11793
-0.24%
-2.55%
+4.21%
$ 98.63M
$ 1.08M
73
Horizen
Horizen
ZEN
$ 5.246
+0.04%
-5.35%
+24.75%
$ 94.53M
$ 30.74K
74
Reserve Rights
Reserve Rights
RSR
$ 0.001443
+0.14%
-3.29%
+16.40%
$ 90.14M
$ 46.42M
75
Origin Ether
Origin Ether
OETH
$ 2,459.41
+0.20%
-0.02%
+9.18%
$ 89.71M
$ 37.20K
76
0x
0x
ZRX
$ 0.09788
+0.12%
-3.26%
+23.89%
$ 82.54M
$ 588.51K
77
YearnFinance
YearnFinance
YFI
$ 2,296.4
+0.35%
-2.97%
+8.98%
$ 82.05M
$ 27.99
78
SNX
SNX
SNX
$ 0.2323
+0.31%
-1.96%
+12.97%
$ 79.20M
$ 655.70K
79
Orca
Orca
ORCA
$ 1.2686
+0.47%
-4.97%
+14.42%
$ 76.90M
$ 47.67K
80
GMX
GMX
GMX
$ 7.391
+0.72%
+0.14%
+8.09%
$ 76.72M
$ 7.33K
81
Lista USD
Lista USD
LISUSD
$ 0.998363
0.00%
0.00%
+0.10%
$ 75.05M
$ 10.99K
82
DeepBook
DeepBook
DEEP
$ 0.014115
+0.75%
-4.03%
+1.34%
$ 74.98M
$ 4.41M
83
Steakhouse USDC Morpho Vault
Steakhouse USDC Morpho Vault
STEAKUSDC
$ 1.14
0.00%
-0.00%
0.00%
$ 73.39M
--
84
CoW Protocol
CoW Protocol
COW
$ 0.1261
+1.70%
+5.02%
+15.46%
$ 72.67M
$ 714.53K
85
Huma Finance
Huma Finance
HUMA
$ 0.022
+0.23%
+1.29%
+2.75%
$ 71.80M
$ 2.39M
86
Bedrock
Bedrock
BR
$ 0.2744
+3.01%
+13.99%
+15.38%
$ 71.53M
$ 299.53K
87
Numeraire
Numeraire
NMR
$ 9.303
-0.32%
+0.94%
+11.94%
$ 69.35M
$ 6.40K
88
VELO
VELO
VELO
$ 0.003968
-0.83%
+1.55%
+8.73%
$ 69.15M
$ 14.30M
89
Turbo
Turbo
TURBO
$ 0.0010043
+0.41%
-5.98%
+19.75%
$ 68.65M
$ 88.31M
90
Treehouse ETH
Treehouse ETH
TETH
$ 3,077.13
+0.19%
-0.01%
+9.71%
$ 63.65M
$ 7.52K
91
Hydration
Hydration
HDX
$ 0.01056495
+0.01%
-0.04%
+3.83%
$ 62.53M
$ 1.49K
92
Kinetiq
Kinetiq
KNTQ
$ 0.204909
+0.12%
-0.10%
+56.02%
$ 57.47M
$ 5.14M
93
Spark
Spark
SPK
$ 0.01855
+0.87%
-3.38%
+28.85%
$ 57.30M
$ 5.59M
94
SUSHI
SUSHI
SUSHI
$ 0.1996
+0.46%
-4.28%
+13.94%
$ 56.51M
$ 399.34K
95
Velvet
Velvet
VELVET
$ 0.13139
+0.48%
-10.92%
-81.00%
$ 55.10M
$ 5.98M
96
Savings xDAI
Savings xDAI
SDAI
$ 1.25
0.00%
0.00%
0.00%
$ 54.76M
$ 199.98K
97
cETH
cETH
CETH
$ 49.54
+0.34%
-0.01%
+9.50%
$ 54.63M
--
98
Brazilian Digital
Brazilian Digital
BRZ
$ 0.193437
-0.02%
0.00%
+0.39%
$ 52.01M
$ 10.70K
99
Bedrock BTC
Bedrock BTC
BRBTC
$ 62,482
0.00%
--
0.00%
$ 50.03M
$ 127.66
100
BERA
BERA
BERA
$ 0.181
+0.17%
-5.65%
+16.17%
$ 49.91M
$ 457.81K

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.