Top Decentralized Finance (DeFi) Tokens by Market Capitalization

Decentralized Finance (DeFi) protocols utilize 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 centralized 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
$ 2,169.92
-0.06%
-3.86%
-6.32%
$ 19.02B
$ 26.22
2
Hyperliquid
Hyperliquid
HYPE
$ 40.78
-1.38%
-10.73%
-4.91%
$ 10.36B
$ 51.34K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,684.56
-0.07%
-3.40%
-6.29%
$ 9.09B
$ 18.73M
4
Chainlink
Chainlink
LINK
$ 9.662
-0.64%
-6.35%
-7.57%
$ 6.35B
$ 90.79K
5
UNISWAP
UNISWAP
UNI
$ 3.474
-1.03%
-5.65%
-11.29%
$ 2.21B
$ 69.79K
6
Aster
Aster
ASTER
$ 0.6598
-0.52%
-2.66%
-6.75%
$ 1.71B
$ 3.00M
7
Ondo
Ondo
ONDO
$ 0.34209
-0.83%
-10.14%
-17.96%
$ 1.66B
$ 2.20M
8
Sky Protocol
Sky Protocol
SKY
$ 0.06893
+0.31%
-5.92%
-12.52%
$ 1.60B
$ 887.27K
9
LAB
LAB
LAB
$ 4.68712
-1.48%
+13.36%
-6.99%
$ 1.45B
$ 433.40K
10
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.16
0.00%
+0.00%
0.00%
$ 1.39B
$ 7.46M
11
AaveToken
AaveToken
AAVE
$ 88.6
-0.33%
-8.17%
-8.21%
$ 1.36B
$ 7.50K
12
DEXE
DEXE
DEXE
$ 12.915
-0.74%
-1.74%
+8.75%
$ 1.08B
$ 7.41K
13
Ethena
Ethena
ENA
$ 0.10582
-1.04%
-11.11%
-18.10%
$ 952.39M
$ 5.12M
14
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 95.16
-0.54%
-5.58%
-8.41%
$ 945.93M
$ 1.14M
15
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.08868
-0.35%
-5.76%
-13.55%
$ 943.06M
$ 2.95M
16
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.9
-0.26%
-3.18%
-4.88%
$ 918.52M
$ 8.86M
17
MORPHO
MORPHO
MORPHO
$ 1.7411
-0.03%
-9.08%
-17.64%
$ 856.16M
$ 56.63K
18
JUST
JUST
JST
$ 0.09092
0.00%
+0.21%
+7.84%
$ 776.54M
$ 657.78K
19
Jupiter
Jupiter
JUP
$ 0.1989
-1.19%
-8.12%
-20.03%
$ 661.41M
$ 2.06M
20
PancakeSwap
PancakeSwap
CAKE
$ 1.461
-0.61%
-4.46%
-6.66%
$ 475.27M
$ 533.85K
21
Injective
Injective
INJ
$ 4.572
+0.09%
-10.24%
+11.07%
$ 458.47M
$ 555.62K
22
SEI
SEI
SEI
$ 0.06128
-0.47%
-7.19%
-10.88%
$ 434.39M
$ 2.72M
23
Terra Classic
Terra Classic
LUNC
$ 0.00007555
+0.91%
-0.84%
-26.05%
$ 419.93M
$ 5.80B
24
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.4256
-0.40%
-7.74%
-18.95%
$ 399.16M
$ 381.07K
25
tBTC
tBTC
TBTC
$ 77,702
-0.59%
-2.77%
-3.57%
$ 395.27M
$ 3.75M
26
SUN
SUN
SUN
$ 0.019459
-0.22%
-0.91%
-4.34%
$ 373.44M
$ 5.34M
27
TIA
TIA
TIA
$ 0.3991
-0.72%
-11.06%
-8.87%
$ 365.94M
$ 2.32M
28
B
B
B
$ 0.35005
-7.65%
-20.91%
+2.68%
$ 360.90M
$ 976.33K
29
Curve
Curve
CRV
$ 0.2394
-1.68%
-8.52%
-5.67%
$ 360.01M
$ 3.09M
30
Zebec Network
Zebec Network
ZBCN
$ 0.0032152
+0.02%
-10.17%
-5.03%
$ 323.18M
$ 136.47M
31
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.3878
-1.33%
-10.69%
-14.10%
$ 322.77M
$ 6.05M
32
Gnosis
Gnosis
GNO
$ 121.08
-0.39%
-4.32%
-8.57%
$ 319.99M
$ 551.32
33
Pendle
Pendle
PENDLE
$ 1.86
-0.79%
-8.63%
-7.41%
$ 319.16M
$ 684.16K
34
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,302.2
-0.31%
-3.51%
-6.58%
$ 309.40M
$ 210.60K
35
Lido DAO
Lido DAO
LDO
$ 0.3466
-0.69%
-8.44%
-13.76%
$ 293.69M
$ 546.98K
36
Olympus
Olympus
OHM
$ 19.11
-0.16%
-1.02%
-0.93%
$ 286.34M
$ 68.72K
37
Staked USDai
Staked USDai
SUSDAI
$ 1.085
0.00%
+0.03%
+0.09%
$ 284.22M
$ 2.93M
38
Telcoin
Telcoin
TEL
$ 0.002917
-1.66%
-22.39%
+33.39%
$ 279.38M
$ 107.68M
39
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 118.13
-0.49%
-5.50%
-7.87%
$ 270.95M
$ 2.45M
40
ETHGAS
ETHGAS
GWEI
$ 0.15445
-1.08%
-2.21%
+22.48%
$ 270.29M
$ 468.14K
41
Maple Finance
Maple Finance
SYRUP
$ 0.21538
-0.94%
-6.29%
-14.71%
$ 255.74M
$ 276.56K
42
Pyth Network
Pyth Network
PYTH
$ 0.04428
-0.92%
-8.75%
-27.49%
$ 253.75M
$ 8.10M
43
MIOTAC
MIOTAC
IOTA
$ 0.05569
-0.41%
-8.45%
-10.62%
$ 246.32M
$ 1.05M
44
crvUSD
crvUSD
CRVUSD
$ 0.999321
0.00%
-0.04%
-0.05%
$ 234.72M
$ 29.60M
45
Falcon Finance
Falcon Finance
FF
$ 0.092
+0.26%
+1.17%
+42.18%
$ 214.23M
$ 4.44M
46
Compound
Compound
COMP
$ 21.29
-0.61%
-6.02%
-8.01%
$ 212.00M
$ 4.78K
47
Lighter
Lighter
LIT
$ 0.8413
-0.80%
-7.71%
-20.06%
$ 210.45M
$ 234.20K
48
JITO
JITO
JTO
$ 0.4399
-0.43%
-11.41%
-13.16%
$ 207.29M
$ 239.73K
49
Raydium
Raydium
RAY
$ 0.7094
-0.56%
-9.44%
-17.30%
$ 190.67M
$ 147.84K
50
Staked Aave
Staked Aave
STKAAVE
$ 88.52
-0.06%
-7.96%
-8.16%
$ 182.78M
$ 1.46K

Frequently Asked Questions

What does Decentralized Finance (DeFi) mean in the Web3 ecosystem?
Decentralized Finance (DeFi) represents a financial system built entirely on blockchain networks. DeFi utilizes smart contracts to offer lending, borrowing, and trading services without relying on centralized 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 Decentralized 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 decentralized 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.