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
$ 60.12
+0.18%
-0.18%
-17.55%
$ 15.23B
$ 68.00K
2
Lido Staked ETH
Lido Staked ETH
STETH
$ 1,633.8
-0.19%
+1.63%
-18.94%
$ 14.31B
$ 36.96
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 1,996.67
+0.02%
+2.39%
-18.64%
$ 7.07B
$ 13.33M
4
Chainlink
Chainlink
LINK
$ 7.79
-0.21%
+3.04%
-14.71%
$ 5.05B
$ 267.84K
5
LAB
LAB
LAB
$ 12.95
-1.70%
+39.79%
-6.39%
$ 4.01B
$ 319.69K
6
Ondo
Ondo
ONDO
$ 0.35443
-1.51%
+3.41%
-1.30%
$ 1.69B
$ 2.25M
7
Aster
Aster
ASTER
$ 0.6421
-0.64%
+3.32%
-9.80%
$ 1.66B
$ 3.37M
8
DEXE
DEXE
DEXE
$ 19.729
+0.13%
+1.25%
+4.41%
$ 1.65B
$ 6.30K
9
UNISWAP
UNISWAP
UNI
$ 2.589
+0.39%
+4.55%
-13.09%
$ 1.60B
$ 70.45K
10
Sky Protocol
Sky Protocol
SKY
$ 0.05858
-0.38%
-2.08%
-16.62%
$ 1.34B
$ 1.11M
11
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.17
0.00%
+0.21%
0.00%
$ 1.34B
$ 3.20M
12
AaveToken
AaveToken
AAVE
$ 63.98
-0.05%
+1.44%
-22.21%
$ 974.72M
$ 10.23K
13
MORPHO
MORPHO
MORPHO
$ 1.7555
-0.29%
+4.32%
-12.30%
$ 874.70M
$ 47.15K
14
Ethena
Ethena
ENA
$ 0.0929
-0.70%
-3.52%
+7.07%
$ 859.76M
$ 12.94M
15
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.08038
-0.87%
+3.07%
-14.08%
$ 845.50M
$ 4.47M
16
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.28
0.00%
+2.02%
-12.53%
$ 727.06M
$ 4.43M
17
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 72.23
+0.08%
+3.52%
-20.06%
$ 722.94M
$ 3.12M
18
JUST
JUST
JST
$ 0.08227
+0.06%
+0.07%
-14.35%
$ 704.09M
$ 1.09M
19
Injective
Injective
INJ
$ 5.349
-0.53%
-1.01%
-19.19%
$ 527.75M
$ 595.84K
20
Jupiter
Jupiter
JUP
$ 0.1589
-0.44%
-1.13%
-17.38%
$ 520.96M
$ 870.23K
21
PancakeSwap
PancakeSwap
CAKE
$ 1.259
+0.08%
+4.09%
-14.35%
$ 405.46M
$ 659.37K
22
Terra Classic
Terra Classic
LUNC
$ 0.00006721
-0.05%
+8.79%
-20.97%
$ 364.59M
$ 6.91B
23
SEI
SEI
SEI
$ 0.05001
-0.78%
+1.73%
-26.11%
$ 350.50M
$ 5.21M
24
Lighter
Lighter
LIT
$ 1.406
-1.70%
-7.94%
+10.84%
$ 348.30M
$ 211.01K
25
SUN
SUN
SUN
$ 0.017715
-0.37%
+2.17%
-4.62%
$ 340.22M
$ 12.10M
26
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.3345
-0.21%
+1.85%
-18.61%
$ 312.89M
$ 233.44K
27
tBTC
tBTC
TBTC
$ 62,386
+0.42%
+1.79%
-14.20%
$ 306.19M
$ 3.30M
28
Curve
Curve
CRV
$ 0.1935
+0.10%
+4.15%
-10.22%
$ 288.67M
$ 2.33M
29
Staked USDai
Staked USDai
SUSDAI
$ 1.091
0.00%
+0.28%
+0.37%
$ 286.56M
$ 2.87M
30
TIA
TIA
TIA
$ 0.3163
-0.45%
+3.05%
-19.38%
$ 286.19M
$ 1.27M
31
Zebec Network
Zebec Network
ZBCN
$ 0.0027981
+0.57%
+11.27%
-6.90%
$ 276.37M
$ 61.15M
32
JITO
JITO
JTO
$ 0.5788
-1.34%
+12.50%
+6.82%
$ 275.23M
$ 429.41K
33
B
B
B
$ 0.27918
+4.74%
+15.96%
+6.96%
$ 268.67M
$ 685.96K
34
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.3088
0.00%
+4.82%
-16.95%
$ 267.99M
$ 5.56M
35
Olympus
Olympus
OHM
$ 17.82
+0.06%
+1.39%
-4.40%
$ 266.70M
$ 125.16K
36
Pyth Network
Pyth Network
PYTH
$ 0.03247
-0.22%
-0.90%
-21.48%
$ 250.66M
$ 4.82M
37
Gnosis
Gnosis
GNO
$ 93.77
+0.04%
+1.92%
-16.72%
$ 245.69M
$ 628.52
38
Telcoin
Telcoin
TEL
$ 0.00249
+1.34%
+2.90%
-5.11%
$ 238.94M
$ 42.19M
39
ETHGAS
ETHGAS
GWEI
$ 0.13206
+1.34%
+29.46%
+35.58%
$ 234.94M
$ 677.38K
40
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 1,700.93
+0.05%
+1.82%
-18.26%
$ 229.22M
$ 588.16K
41
Lido DAO
Lido DAO
LDO
$ 0.2719
+0.30%
+2.37%
-17.01%
$ 226.26M
$ 389.53K
42
Defi App
Defi App
HOME
$ 0.06617
+4.10%
+29.27%
+49.86%
$ 225.92M
$ 9.80M
43
Falcon Finance
Falcon Finance
FF
$ 0.09441
-0.40%
+2.58%
-18.21%
$ 219.77M
$ 883.38K
44
Pendle
Pendle
PENDLE
$ 1.272
+0.08%
+1.13%
-5.77%
$ 214.68M
$ 351.28K
45
MIOTAC
MIOTAC
IOTA
$ 0.04605
-0.26%
+1.61%
-22.80%
$ 203.54M
$ 1.52M
46
crvUSD
crvUSD
CRVUSD
$ 0.999058
+0.03%
+0.07%
+0.04%
$ 181.36M
$ 16.38M
47
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 89.5
-0.08%
+3.19%
-19.95%
$ 167.75M
$ 1.96M
48
Compound
Compound
COMP
$ 16.51
-0.49%
+1.62%
-9.38%
$ 163.08M
$ 4.60K
49
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.11
0.00%
-0.00%
0.00%
$ 157.90M
$ 357.73K
50
Raydium
Raydium
RAY
$ 0.5867
-0.29%
+2.47%
-18.31%
$ 155.09M
$ 113.14K

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.