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
$ 1,883.88
-0.01%
-0.30%
-1.77%
$ 16.92B
$ 29.80
2
Hyperliquid
Hyperliquid
HYPE
$ 56.4
-0.12%
-1.61%
+2.40%
$ 14.28B
$ 13.35K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,336.6
+0.04%
-0.00%
-1.62%
$ 8.71B
$ 19.25M
4
Chainlink
Chainlink
LINK
$ 9.268
+1.29%
+3.41%
+10.20%
$ 6.01B
$ 41.90K
5
UNISWAP
UNISWAP
UNI
$ 3.221
+0.09%
-7.65%
-18.80%
$ 2.01B
$ 163.17K
6
Aster
Aster
ASTER
$ 0.6022
-0.05%
-0.33%
+0.07%
$ 1.62B
$ 492.16K
7
Ondo
Ondo
ONDO
$ 0.32816
-0.11%
-1.89%
-6.12%
$ 1.59B
$ 615.58K
8
AaveToken
AaveToken
AAVE
$ 86.37
-0.17%
-1.99%
-5.08%
$ 1.33B
$ 1.15K
9
Sky Protocol
Sky Protocol
SKY
$ 0.05111
-0.27%
-4.49%
-5.43%
$ 1.19B
$ 1.04M
10
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
0.00%
0.00%
$ 1.05B
$ 1.96M
11
MORPHO
MORPHO
MORPHO
$ 1.9471
+0.37%
-0.38%
+0.68%
$ 977.79M
$ 33.22K
12
JUST
JUST
JST
$ 0.10537
+0.12%
-0.52%
+2.67%
$ 897.78M
$ 543.12K
13
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.07518
-0.31%
+1.69%
-2.07%
$ 800.45M
$ 1.86M
14
Ethena
Ethena
ENA
$ 0.08476
-0.22%
-1.37%
-5.84%
$ 786.62M
$ 2.42M
15
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 84.77
+0.12%
-0.00%
-0.63%
$ 771.87M
$ 2.15M
16
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.62
0.00%
-0.00%
-0.82%
$ 770.05M
$ 3.40M
17
Bitway
Bitway
BTW
$ 0.307771
-0.87%
+18.01%
+53.18%
$ 683.23M
$ 3.42M
18
Jupiter
Jupiter
JUP
$ 0.169
-0.18%
-0.47%
-8.79%
$ 561.46M
$ 915.80K
19
Lighter
Lighter
LIT
$ 2.2202
-0.35%
-0.20%
-2.53%
$ 554.83M
$ 853.29K
20
PancakeSwap
PancakeSwap
CAKE
$ 1.426
0.00%
-0.35%
-0.56%
$ 502.46M
$ 196.99K
21
Injective
Injective
INJ
$ 4.249
-0.72%
-6.99%
-3.83%
$ 424.58M
$ 381.07K
22
Velvet
Velvet
VELVET
$ 0.99849
-3.24%
+37.36%
+105.80%
$ 410.98M
$ 5.21M
23
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.4537
0.00%
+2.81%
+18.90%
$ 400.09M
$ 10.52M
24
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.4018
-0.12%
-2.79%
-7.25%
$ 381.72M
$ 1.44M
25
Curve
Curve
CRV
$ 0.2418
-0.04%
-5.12%
+5.61%
$ 362.80M
$ 2.78M
26
Staked USDai
Staked USDai
SUSDAI
$ 1.1
0.00%
0.00%
0.00%
$ 354.41M
$ 1.24M
27
SUN
SUN
SUN
$ 0.018077
+0.13%
-1.05%
+0.12%
$ 347.26M
$ 5.75M
28
Pyth Network
Pyth Network
PYTH
$ 0.03933
-0.43%
-3.53%
-6.34%
$ 308.15M
$ 7.02M
29
SEI
SEI
SEI
$ 0.04019
-0.30%
-1.64%
-3.55%
$ 290.30M
$ 1.76M
30
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 1,998.36
+0.01%
-0.00%
-1.83%
$ 284.17M
$ 300.83K
31
TIA
TIA
TIA
$ 0.3077
-0.06%
-1.31%
-6.07%
$ 283.06M
$ 905.51K
32
tBTC
tBTC
TBTC
$ 62,927
-0.04%
-0.00%
-2.78%
$ 282.86M
$ 1.35M
33
JITO
JITO
JTO
$ 0.5678
+0.40%
-0.35%
+13.42%
$ 278.10M
$ 109.47K
34
Olympus
Olympus
OHM
$ 18.57
0.00%
0.00%
-1.12%
$ 277.62M
$ 130.68K
35
Gnosis
Gnosis
GNO
$ 103.55
-0.02%
-0.22%
-2.91%
$ 273.14M
$ 578.32
36
Terra Classic
Terra Classic
LUNC
$ 0.00004784
-0.48%
-3.19%
-2.76%
$ 264.15M
$ 1.72B
37
Lido DAO
Lido DAO
LDO
$ 0.2963
-0.07%
-1.73%
+1.86%
$ 248.72M
$ 556.99K
38
Pendle
Pendle
PENDLE
$ 1.303
0.00%
-3.77%
-7.33%
$ 222.65M
$ 178.95K
39
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.12
0.00%
0.00%
0.00%
$ 214.58M
$ 266.81K
40
crvUSD
crvUSD
CRVUSD
$ 0.998924
0.00%
0.00%
-0.04%
$ 213.02M
$ 6.47M
41
Staked Aave
Staked Aave
STKAAVE
$ 86.18
-0.09%
-0.01%
-4.48%
$ 211.12M
$ 16.26K
42
Falcon Finance
Falcon Finance
FF
$ 0.06482
+0.22%
+0.70%
+1.12%
$ 187.22M
$ 890.15K
43
Maple Finance
Maple Finance
SYRUP
$ 0.15242
-0.25%
-1.48%
+1.78%
$ 181.74M
$ 403.84K
44
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 105.25
0.00%
-0.00%
-0.59%
$ 177.81M
$ 338.08K
45
Raydium
Raydium
RAY
$ 0.6252
+0.06%
+0.45%
-2.33%
$ 168.27M
$ 90.48K
46
DEXE
DEXE
DEXE
$ 1.988
-0.71%
-2.58%
-11.54%
$ 164.29M
$ 65.88K
47
Lido Earn ETH
Lido Earn ETH
EARNETH
$ 1,906.64
-0.01%
0.00%
-1.64%
$ 163.55M
--
48
Compound
Compound
COMP
$ 16.15
-0.06%
+0.31%
-3.41%
$ 161.30M
$ 3.59K
49
Zebec Network
Zebec Network
ZBCN
$ 0.0015714
-0.29%
-7.57%
-11.69%
$ 156.42M
$ 130.95M
50
BUILDon
BUILDon
B
$ 0.15822
+1.03%
-4.21%
+3.13%
$ 155.81M
$ 528.13K

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.