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
$ 1,906.39
+0.05%
+1.35%
+1.58%
$ 17.13B
$ 28.61
2
Hyperliquid
Hyperliquid
HYPE
$ 55.4
+0.13%
-3.07%
+0.80%
$ 14.08B
$ 20.13K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,362.38
+0.04%
+0.02%
+1.49%
$ 8.72B
$ 2.91M
4
Chainlink
Chainlink
LINK
$ 8.161
+0.52%
-0.72%
-1.25%
$ 5.35B
$ 51.84K
5
UNISWAP
UNISWAP
UNI
$ 4.038
-0.12%
+0.33%
-8.02%
$ 2.49B
$ 208.01K
6
Ondo
Ondo
ONDO
$ 0.37212
0.00%
-3.86%
-7.60%
$ 1.80B
$ 1.34M
7
Aster
Aster
ASTER
$ 0.6018
-0.28%
-1.09%
+0.28%
$ 1.62B
$ 619.45K
8
AaveToken
AaveToken
AAVE
$ 88.58
-0.28%
-4.68%
-9.62%
$ 1.35B
$ 3.39K
9
Sky Protocol
Sky Protocol
SKY
$ 0.0564
+0.09%
-0.69%
-1.69%
$ 1.31B
$ 1.07M
10
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
0.00%
0.00%
$ 1.11B
$ 1.74M
11
MORPHO
MORPHO
MORPHO
$ 1.9006
-0.04%
-0.51%
-4.51%
$ 949.11M
$ 34.47K
12
JUST
JUST
JST
$ 0.10596
+0.25%
+0.41%
+2.18%
$ 902.05M
$ 570.86K
13
Ethena
Ethena
ENA
$ 0.09219
+0.23%
-0.78%
+12.02%
$ 849.54M
$ 2.02M
14
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.07562
-0.08%
+0.56%
+5.69%
$ 805.89M
$ 2.23M
15
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.59
+0.28%
0.00%
+0.56%
$ 799.27M
$ 1.80M
16
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 82.56
+0.22%
-0.00%
+0.04%
$ 747.20M
$ 532.85K
17
Jupiter
Jupiter
JUP
$ 0.1827
+0.11%
-2.76%
-4.74%
$ 607.62M
$ 824.77K
18
Lighter
Lighter
LIT
$ 2.2184
-0.02%
+3.25%
+1.54%
$ 549.15M
$ 199.00K
19
PancakeSwap
PancakeSwap
CAKE
$ 1.403
-0.07%
-0.57%
-4.63%
$ 492.61M
$ 287.18K
20
Injective
Injective
INJ
$ 4.668
-0.06%
-4.80%
-3.78%
$ 465.86M
$ 204.59K
21
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.4241
+0.26%
+0.09%
+1.10%
$ 403.91M
$ 159.67K
22
Bitway
Bitway
BTW
$ 0.17631
+1.68%
+17.20%
+99.06%
$ 378.40M
$ 10.08M
23
Staked USDai
Staked USDai
SUSDAI
$ 1.1
0.00%
0.00%
0.00%
$ 353.70M
$ 492.12K
24
SUN
SUN
SUN
$ 0.017998
+0.10%
+0.01%
+0.53%
$ 346.05M
$ 4.45M
25
Curve
Curve
CRV
$ 0.2108
+0.43%
+2.29%
+0.77%
$ 318.51M
$ 1.42M
26
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.3588
+0.51%
-2.64%
-10.58%
$ 315.01M
$ 5.39M
27
Pyth Network
Pyth Network
PYTH
$ 0.03925
-0.53%
+0.33%
-0.86%
$ 309.64M
$ 5.88M
28
tBTC
tBTC
TBTC
$ 64,547
-0.02%
+0.01%
+1.56%
$ 307.42M
$ 1.35M
29
TIA
TIA
TIA
$ 0.3274
-0.43%
-3.90%
+2.26%
$ 299.44M
$ 800.98K
30
SEI
SEI
SEI
$ 0.0412
+0.27%
-1.34%
-1.25%
$ 296.72M
$ 1.59M
31
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,025.36
+0.12%
+0.09%
+0.37%
$ 287.90M
$ 227.51K
32
Olympus
Olympus
OHM
$ 18.79
+0.11%
+0.01%
+1.73%
$ 280.77M
$ 123.32K
33
Gnosis
Gnosis
GNO
$ 106.01
-0.05%
+1.46%
+0.09%
$ 279.60M
$ 547.86
34
Terra Classic
Terra Classic
LUNC
$ 0.00004891
-0.02%
-2.59%
-0.77%
$ 269.78M
$ 3.02B
35
Lido DAO
Lido DAO
LDO
$ 0.2978
+0.98%
0.00%
-16.62%
$ 251.16M
$ 692.88K
36
JITO
JITO
JTO
$ 0.491
0.00%
-3.58%
-4.22%
$ 237.12M
$ 135.68K
37
Pendle
Pendle
PENDLE
$ 1.355
-0.44%
-2.10%
-4.38%
$ 231.53M
$ 214.28K
38
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.12
0.00%
0.00%
0.00%
$ 216.76M
$ 376.95K
39
Staked Aave
Staked Aave
STKAAVE
$ 87.49
-0.18%
-0.04%
-9.85%
$ 215.02M
$ 2.00K
40
crvUSD
crvUSD
CRVUSD
$ 0.998997
0.00%
0.00%
-0.02%
$ 212.94M
$ 8.99M
41
Velvet
Velvet
VELVET
$ 0.47833
-0.49%
-2.14%
+15.72%
$ 200.38M
$ 1.04M
42
Maple Finance
Maple Finance
SYRUP
$ 0.15505
-0.37%
-1.23%
-3.41%
$ 185.05M
$ 449.52K
43
DEXE
DEXE
DEXE
$ 2.198
-0.05%
-3.12%
-10.21%
$ 184.80M
$ 160.64K
44
Falcon Finance
Falcon Finance
FF
$ 0.06351
-0.02%
+0.95%
-2.37%
$ 182.59M
$ 874.03K
45
Zebec Network
Zebec Network
ZBCN
$ 0.0017943
-0.23%
+0.46%
+1.25%
$ 179.40M
$ 108.44M
46
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 102.4
+0.25%
-0.00%
+0.08%
$ 173.31M
$ 343.48K
47
BUILDon
BUILDon
B
$ 0.16856
-0.74%
-2.03%
+7.83%
$ 169.85M
$ 705.11K
48
Raydium
Raydium
RAY
$ 0.6146
+0.36%
-1.46%
+1.37%
$ 165.47M
$ 114.22K
49
Compound
Compound
COMP
$ 16.19
-0.55%
-1.70%
-2.24%
$ 161.80M
$ 15.51K
50
MIOTAC
MIOTAC
IOTA
$ 0.03409
-0.09%
+1.73%
+7.55%
$ 152.84M
$ 1.80M

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.