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
Hyperliquid
Hyperliquid
HYPE
$ 68.55
-0.48%
-2.14%
+0.83%
$ 17.26B
$ 18.34K
2
Lido Staked ETH
Lido Staked ETH
STETH
$ 1,734.92
+0.06%
+0.47%
-4.67%
$ 15.61B
$ 31.98
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,147.67
+0.10%
+0.34%
-4.43%
$ 7.75B
$ 6.02M
4
Chainlink
Chainlink
LINK
$ 7.946
+0.03%
+0.73%
-5.21%
$ 5.23B
$ 44.69K
5
LAB
LAB
LAB
$ 13.37122
+0.49%
+0.55%
+38.28%
$ 4.16B
$ 90.37K
6
UNISWAP
UNISWAP
UNI
$ 3.045
+0.07%
+1.50%
+12.45%
$ 1.89B
$ 75.81K
7
Aster
Aster
ASTER
$ 0.6402
-0.30%
-0.64%
-2.35%
$ 1.73B
$ 1.67M
8
Ondo
Ondo
ONDO
$ 0.33994
+0.18%
+0.67%
-9.61%
$ 1.66B
$ 1.28M
9
Sky Protocol
Sky Protocol
SKY
$ 0.05975
+0.50%
+2.94%
+4.19%
$ 1.39B
$ 1.05M
10
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.17
0.00%
+0.03%
0.00%
$ 1.30B
$ 2.19M
11
DEXE
DEXE
DEXE
$ 14.159
-0.52%
-8.30%
-25.83%
$ 1.18B
$ 9.23K
12
AaveToken
AaveToken
AAVE
$ 74.63
-0.03%
+0.31%
-0.08%
$ 1.15B
$ 3.01K
13
MORPHO
MORPHO
MORPHO
$ 1.8304
-0.22%
+0.65%
-6.63%
$ 921.84M
$ 41.09K
14
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.08167
+0.23%
+1.47%
+3.98%
$ 870.07M
$ 1.73M
15
Ethena
Ethena
ENA
$ 0.09002
-0.06%
+3.92%
+4.69%
$ 841.64M
$ 5.41M
16
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.53
0.00%
+1.73%
-1.12%
$ 807.68M
$ 2.29M
17
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 83.01
+0.17%
+3.37%
-0.69%
$ 768.70M
$ 923.25K
18
Jupiter
Jupiter
JUP
$ 0.218
-0.37%
+7.88%
+12.15%
$ 723.16M
$ 2.24M
19
JUST
JUST
JST
$ 0.08356
+0.02%
-0.80%
+5.99%
$ 713.23M
$ 636.08K
20
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.5353
+0.68%
-1.14%
+24.21%
$ 510.80M
$ 408.97K
21
Injective
Injective
INJ
$ 4.95
+0.34%
-0.56%
-12.93%
$ 495.56M
$ 220.54K
22
PancakeSwap
PancakeSwap
CAKE
$ 1.384
-0.07%
+1.32%
-1.70%
$ 487.33M
$ 205.41K
23
Lighter
Lighter
LIT
$ 1.5776
-0.27%
+4.72%
-6.08%
$ 398.80M
$ 115.64K
24
SEI
SEI
SEI
$ 0.05495
-0.02%
+2.29%
+1.44%
$ 396.69M
$ 2.83M
25
Terra Classic
Terra Classic
LUNC
$ 0.00006799
+0.15%
+0.74%
-4.58%
$ 376.92M
$ 2.39B
26
TIA
TIA
TIA
$ 0.3711
+0.30%
+0.41%
-0.85%
$ 341.94M
$ 998.29K
27
JITO
JITO
JTO
$ 0.6835
-0.38%
+2.36%
-8.79%
$ 333.54M
$ 334.25K
28
SUN
SUN
SUN
$ 0.017258
-0.01%
-0.01%
+0.75%
$ 331.83M
$ 5.71M
29
tBTC
tBTC
TBTC
$ 64,140
+0.03%
+0.59%
-3.41%
$ 323.95M
$ 798.40K
30
Curve
Curve
CRV
$ 0.2117
+0.05%
-0.09%
-11.64%
$ 321.24M
$ 1.30M
31
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.3446
+0.23%
+0.17%
+1.58%
$ 305.06M
$ 2.68M
32
Staked USDai
Staked USDai
SUSDAI
$ 1.091
0.00%
+0.01%
0.00%
$ 292.92M
$ 1.60M
33
Pyth Network
Pyth Network
PYTH
$ 0.03675
-0.27%
+2.53%
-6.61%
$ 290.43M
$ 7.66M
34
Gnosis
Gnosis
GNO
$ 108.95
+0.06%
+1.07%
+1.99%
$ 288.58M
$ 554.53
35
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 1,848.04
+0.04%
+0.38%
-3.82%
$ 249.66M
$ 326.90
36
Pendle
Pendle
PENDLE
$ 1.447
-0.07%
+5.83%
+5.45%
$ 248.11M
$ 413.38K
37
Zebec Network
Zebec Network
ZBCN
$ 0.0024507
-0.11%
-2.75%
-12.99%
$ 243.70M
$ 53.71M
38
Olympus
Olympus
OHM
$ 15.86
+0.06%
-0.15%
-3.94%
$ 237.25M
$ 99.68K
39
Lido DAO
Lido DAO
LDO
$ 0.2773
-0.14%
+1.98%
+0.69%
$ 234.98M
$ 355.71K
40
Telcoin
Telcoin
TEL
$ 0.002367
-0.17%
-0.96%
-7.79%
$ 227.41M
$ 34.53M
41
B
B
B
$ 0.22134
-0.08%
-2.78%
-12.14%
$ 221.32M
$ 329.45K
42
Velvet
Velvet
VELVET
$ 0.49975
-0.13%
+0.06%
+49.14%
$ 209.59M
$ 2.19M
43
crvUSD
crvUSD
CRVUSD
$ 0.999208
0.00%
+0.02%
-0.04%
$ 207.77M
$ 2.96M
44
Falcon Finance
Falcon Finance
FF
$ 0.07109
0.00%
-0.75%
-3.20%
$ 204.13M
$ 760.90K
45
MIOTAC
MIOTAC
IOTA
$ 0.04481
-0.33%
-0.13%
-9.96%
$ 201.28M
$ 1.26M
46
Bitway
Bitway
BTW
$ 0.086183
-0.28%
-47.88%
-1.25%
$ 190.65M
$ 71.45M
47
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 102.9
+0.18%
+3.40%
-0.75%
$ 185.30M
$ 863.19K
48
Compound
Compound
COMP
$ 18.23
-0.16%
+2.53%
+1.33%
$ 182.05M
$ 3.51K
49
ETHGAS
ETHGAS
GWEI
$ 0.10092
-1.25%
-3.63%
-31.26%
$ 178.69M
$ 61.29K
50
Raydium
Raydium
RAY
$ 0.6407
-0.28%
+3.26%
-0.97%
$ 172.39M
$ 102.79K

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.