Top Decentralised Finance (DeFi) Tokens by Market Capitalisation

Decentralised Finance (DeFi) protocols utilise 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 centralised 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
Lido Staked ETH
Lido Staked ETH
STETH
$ 2,649.89
+0.20%
-1.85%
-2.60%
$ 26.04B
$ 20.65
2
Hyperliquid
Hyperliquid
HYPE
$ 89.7
+0.16%
-3.19%
-4.17%
$ 22.61B
$ 26.88K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 3,307.1
+0.13%
-0.01%
-2.78%
$ 12.27B
$ 8.07M
4
Chainlink
Chainlink
LINK
$ 13.83
-0.66%
-1.64%
+7.74%
$ 9.16B
$ 84.73K
5
UNISWAP
UNISWAP
UNI
$ 9.285
+0.35%
-4.70%
+4.90%
$ 5.83B
$ 422.13K
6
Bitway
Bitway
BTW
$ 1.297904
+0.90%
+20.92%
+61.67%
$ 3.59B
$ 767.40K
7
Ondo
Ondo
ONDO
$ 0.57727
+2.66%
+9.82%
+35.31%
$ 2.86B
$ 2.62M
8
Ethena
Ethena
ENA
$ 0.26834
-0.64%
+0.50%
+24.92%
$ 2.73B
$ 188.38M
9
AaveToken
AaveToken
AAVE
$ 149.92
-0.35%
-3.39%
+4.97%
$ 2.32B
$ 1.49K
10
Sky Protocol
Sky Protocol
SKY
$ 0.0809
-1.94%
+8.68%
+22.66%
$ 1.96B
$ 1.52M
11
Aster
Aster
ASTER
$ 0.7113
+0.08%
-2.51%
-2.52%
$ 1.94B
$ 3.43M
12
MORPHO
MORPHO
MORPHO
$ 2.6061
+0.37%
-3.84%
+2.02%
$ 1.40B
$ 96.97K
13
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.11504
+1.18%
-3.61%
+6.55%
$ 1.24B
$ 2.40M
14
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 136.2
+0.07%
-0.00%
+2.95%
$ 1.23B
$ 1.38M
15
Jupiter
Jupiter
JUP
$ 0.3446
-0.79%
+2.20%
+20.51%
$ 1.17B
$ 1.61M
16
Lighter
Lighter
LIT
$ 4.4595
+0.52%
-4.90%
-7.12%
$ 1.12B
$ 1.71M
17
JUST
JUST
JST
$ 0.12823
+0.12%
+2.65%
+11.02%
$ 1.05B
$ 566.08K
18
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
-0.84%
0.00%
0.00%
$ 1.00B
$ 1.17M
19
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 4.86
0.00%
-0.00%
+0.62%
$ 942.50M
$ 7.92M
20
PancakeSwap
PancakeSwap
CAKE
$ 2.733
-0.43%
-0.15%
+10.12%
$ 877.91M
$ 1.22M
21
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.7959
-0.68%
-7.48%
+16.99%
$ 797.45M
$ 5.56M
22
Injective
Injective
INJ
$ 7.554
-0.06%
-1.65%
+1.56%
$ 770.38M
$ 410.13K
23
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.6843
+0.23%
-5.74%
-0.77%
$ 669.37M
$ 8.00M
24
Pyth Network
Pyth Network
PYTH
$ 0.08137
+0.38%
-3.22%
+31.08%
$ 652.36M
$ 23.87M
25
SEI
SEI
SEI
$ 0.08141
-0.34%
+12.08%
+38.51%
$ 625.41M
$ 10.62M
26
Raydium
Raydium
RAY
$ 2.07
-0.30%
-2.57%
+19.70%
$ 563.94M
$ 203.17K
27
Curve
Curve
CRV
$ 0.3336
+0.24%
-2.67%
-6.57%
$ 526.01M
$ 2.40M
28
Staked USDai
Staked USDai
SUSDAI
$ 1.12
0.00%
0.00%
+0.90%
$ 486.63M
$ 7.11M
29
TIA
TIA
TIA
$ 0.473
+0.63%
-2.60%
+10.24%
$ 440.74M
$ 1.96M
30
Pendle
Pendle
PENDLE
$ 2.479
-0.04%
-2.98%
+1.87%
$ 435.96M
$ 489.22K
31
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,852.75
+0.03%
-0.01%
-2.61%
$ 419.98M
$ 85.19K
32
Derive
Derive
DRV
$ 0.404941
-0.31%
-0.05%
-4.38%
$ 404.89M
$ 16.85M
33
Lido DAO
Lido DAO
LDO
$ 0.4773
+1.46%
-0.12%
+15.01%
$ 403.58M
$ 717.57K
34
Falcon Finance
Falcon Finance
FF
$ 0.12878
+0.14%
-5.15%
-1.29%
$ 394.98M
$ 726.51K
35
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.13
0.00%
0.00%
0.00%
$ 382.51M
$ 5.25K
36
Staked Aave
Staked Aave
STKAAVE
$ 149.37
-0.50%
-0.03%
+4.40%
$ 372.25M
$ 2.75K
37
tBTC
tBTC
TBTC
$ 83,404
+0.03%
-0.01%
-2.27%
$ 348.65M
$ 1.48M
38
SUN
SUN
SUN
$ 0.016903
-0.17%
-1.01%
-3.39%
$ 324.84M
$ 19.85M
39
Ethena Staked ENA
Ethena Staked ENA
SENA
$ 0.275028
-1.93%
+0.01%
+29.03%
$ 322.31M
$ 379.32K
40
Gnosis
Gnosis
GNO
$ 118.05
-0.64%
-0.14%
+1.14%
$ 311.78M
$ 708.41
41
JITO
JITO
JTO
$ 0.5714
+0.57%
-6.96%
+12.68%
$ 305.10M
$ 227.08K
42
Olympus
Olympus
OHM
$ 20.16
+0.05%
-0.00%
+0.35%
$ 300.83M
$ 95.84K
43
Terra Classic
Terra Classic
LUNC
$ 0.00005385
+0.15%
-3.94%
-0.15%
$ 299.43M
$ 3.15B
44
Plasma
Plasma
XPL
$ 0.10304
-0.80%
-5.30%
+8.71%
$ 291.14M
$ 22.27M
45
Bedrock
Bedrock
BR
$ 0.9054
-1.74%
-2.82%
-20.72%
$ 277.44M
$ 188.14K
46
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 168.49
-0.45%
-0.00%
+2.44%
$ 272.03M
$ 867.13K
47
Kamino
Kamino
KMNO
$ 0.04682
+0.79%
+1.15%
+41.21%
$ 266.81M
$ 2.27M
48
Maple Finance
Maple Finance
SYRUP
$ 0.21015
+0.40%
-4.06%
-3.70%
$ 252.18M
$ 885.36K
49
THORChain
THORChain
RUNE
$ 0.7422
+3.17%
-8.94%
+19.21%
$ 246.72M
$ 4.40M
50
MIOTAC
MIOTAC
IOTA
$ 0.05108
+1.08%
+1.12%
+7.85%
$ 238.77M
$ 2.80M

Frequently Asked Questions

What does Decentralised Finance (DeFi) mean in the Web3 ecosystem?
Decentralised Finance (DeFi) represents a financial system built entirely on blockchain networks. DeFi utilises smart contracts to offer lending, borrowing, and trading services without relying on centralised 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 Decentralised 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 decentralised 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.