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
$ 1,880.29
0.00%
+0.39%
-1.73%
$ 16.94B
$ 29.05
2
Hyperliquid
Hyperliquid
HYPE
$ 56.26
-0.35%
-0.87%
+2.69%
$ 14.23B
$ 12.75K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,336.31
-0.09%
0.00%
-1.73%
$ 8.71B
$ 18.72M
4
Chainlink
Chainlink
LINK
$ 9.472
+0.18%
+8.08%
+13.97%
$ 6.23B
$ 75.66K
5
UNISWAP
UNISWAP
UNI
$ 3.282
-0.76%
-5.77%
-17.45%
$ 2.04B
$ 179.18K
6
Aster
Aster
ASTER
$ 0.6026
+0.20%
+0.13%
+0.28%
$ 1.63B
$ 491.32K
7
Ondo
Ondo
ONDO
$ 0.32903
-0.25%
-1.01%
-5.63%
$ 1.60B
$ 634.06K
8
AaveToken
AaveToken
AAVE
$ 86.89
-0.06%
-0.58%
-5.07%
$ 1.34B
$ 1.18K
9
Sky Protocol
Sky Protocol
SKY
$ 0.0511
+0.18%
-3.61%
-5.60%
$ 1.19B
$ 1.11M
10
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
0.00%
0.00%
$ 1.05B
$ 1.47M
11
MORPHO
MORPHO
MORPHO
$ 1.9497
+0.22%
+0.85%
+1.72%
$ 981.25M
$ 33.09K
12
JUST
JUST
JST
$ 0.10539
+0.31%
+0.25%
+2.21%
$ 908.37M
$ 538.22K
13
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.07572
+0.21%
+3.23%
-3.09%
$ 806.85M
$ 1.77M
14
Ethena
Ethena
ENA
$ 0.08504
-0.67%
-0.64%
-3.89%
$ 790.71M
$ 2.61M
15
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.62
0.00%
-0.00%
-1.09%
$ 771.12M
$ 2.80M
16
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 84.92
-0.08%
-0.00%
-1.01%
$ 767.40M
$ 2.17M
17
Bitway
Bitway
BTW
$ 0.311182
+3.28%
+14.10%
+68.01%
$ 689.49M
$ 3.31M
18
Lighter
Lighter
LIT
$ 2.2882
+1.61%
+3.14%
+1.05%
$ 577.75M
$ 946.82K
19
Jupiter
Jupiter
JUP
$ 0.1694
0.00%
+1.19%
-8.66%
$ 564.12M
$ 924.29K
20
PancakeSwap
PancakeSwap
CAKE
$ 1.432
-0.07%
+0.84%
-0.49%
$ 505.28M
$ 195.71K
21
Velvet
Velvet
VELVET
$ 1.17825
+1.26%
+8.27%
+124.85%
$ 441.37M
$ 4.31M
22
Injective
Injective
INJ
$ 4.216
-0.35%
-7.31%
-4.50%
$ 422.08M
$ 384.53K
23
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.448
-0.16%
+3.12%
+14.61%
$ 393.13M
$ 10.12M
24
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.4037
+0.10%
-0.54%
-5.86%
$ 385.91M
$ 1.54M
25
Curve
Curve
CRV
$ 0.2418
+0.41%
-4.98%
+6.56%
$ 367.35M
$ 2.89M
26
Staked USDai
Staked USDai
SUSDAI
$ 1.1
0.00%
0.00%
0.00%
$ 354.50M
$ 1.83M
27
SUN
SUN
SUN
$ 0.018054
0.00%
-1.10%
+0.23%
$ 347.22M
$ 5.92M
28
Pyth Network
Pyth Network
PYTH
$ 0.03991
-0.25%
+0.81%
-5.07%
$ 315.31M
$ 6.86M
29
SEI
SEI
SEI
$ 0.04016
+0.15%
-0.67%
-3.89%
$ 290.52M
$ 1.72M
30
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,000.51
-0.09%
0.00%
-1.95%
$ 284.48M
$ 199.54K
31
TIA
TIA
TIA
$ 0.3088
-0.06%
+0.32%
-5.82%
$ 284.44M
$ 889.07K
32
tBTC
tBTC
TBTC
$ 63,014
-0.06%
-0.00%
-2.63%
$ 283.36M
$ 1.29M
33
JITO
JITO
JTO
$ 0.5794
-0.31%
+3.88%
+12.66%
$ 279.50M
$ 108.56K
34
Olympus
Olympus
OHM
$ 18.48
-0.05%
-0.00%
-1.44%
$ 276.28M
$ 169.86K
35
Gnosis
Gnosis
GNO
$ 103.42
0.00%
-0.04%
-2.72%
$ 273.03M
$ 576.53
36
Terra Classic
Terra Classic
LUNC
$ 0.00004787
+0.10%
-2.24%
-5.45%
$ 264.98M
$ 1.77B
37
Lido DAO
Lido DAO
LDO
$ 0.2971
+0.54%
-0.20%
+2.76%
$ 251.00M
$ 559.98K
38
Pendle
Pendle
PENDLE
$ 1.306
-0.23%
-2.40%
-6.99%
$ 222.82M
$ 185.37K
39
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.12
0.00%
0.00%
0.00%
$ 214.47M
$ 258.99K
40
crvUSD
crvUSD
CRVUSD
$ 0.998507
0.00%
0.00%
-0.07%
$ 212.87M
$ 5.16M
41
Staked Aave
Staked Aave
STKAAVE
$ 86.77
-0.02%
-0.00%
-4.74%
$ 212.57M
$ 13.26K
42
Falcon Finance
Falcon Finance
FF
$ 0.06525
-0.26%
+0.77%
+1.13%
$ 187.08M
$ 884.63K
43
Maple Finance
Maple Finance
SYRUP
$ 0.15126
0.00%
-1.30%
+1.05%
$ 180.38M
$ 408.08K
44
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 105.42
-0.05%
-0.00%
-1.03%
$ 177.89M
$ 331.26K
45
Raydium
Raydium
RAY
$ 0.6229
-0.21%
+0.58%
-3.04%
$ 167.97M
$ 89.67K
46
DEXE
DEXE
DEXE
$ 1.982
+0.72%
-0.86%
-10.90%
$ 164.87M
$ 68.18K
47
Lido Earn ETH
Lido Earn ETH
EARNETH
$ 1,909.46
+0.05%
+0.00%
-1.70%
$ 163.80M
--
48
Compound
Compound
COMP
$ 16.11
+0.19%
+0.81%
-3.47%
$ 161.40M
$ 3.56K
49
Zebec Network
Zebec Network
ZBCN
$ 0.0015815
-0.26%
-4.92%
-10.22%
$ 158.69M
$ 136.65M
50
BUILDon
BUILDon
B
$ 0.15388
-0.41%
-4.27%
+7.99%
$ 154.40M
$ 530.70K

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.