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
$ 2,094.7
+3.64%
+4.93%
+7.49%
$ 18.07B
$ 30.22
2
Hyperliquid
Hyperliquid
HYPE
$ 61.91
+1.32%
+1.98%
+4.10%
$ 15.18B
$ 16.11K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,496.19
+3.36%
+0.05%
+7.36%
$ 9.32B
$ 3.36M
4
Chainlink
Chainlink
LINK
$ 10.005
+1.19%
+3.12%
+12.93%
$ 6.45B
$ 73.79K
5
UNISWAP
UNISWAP
UNI
$ 3.571
+1.50%
+5.33%
-0.75%
$ 2.14B
$ 110.00K
6
Ondo
Ondo
ONDO
$ 0.34044
+1.18%
+1.72%
+1.18%
$ 1.64B
$ 695.38K
7
Aster
Aster
ASTER
$ 0.6117
+0.92%
+0.90%
+0.80%
$ 1.63B
$ 681.42K
8
AaveToken
AaveToken
AAVE
$ 93.15
+2.95%
+3.59%
+6.39%
$ 1.43B
$ 2.34K
9
Bitway
Bitway
BTW
$ 0.601984
-7.77%
+59.92%
+137.28%
$ 1.37B
$ 24.45M
10
Sky Protocol
Sky Protocol
SKY
$ 0.05892
+1.91%
+5.81%
+10.45%
$ 1.35B
$ 1.04M
11
MORPHO
MORPHO
MORPHO
$ 2.1282
+0.75%
-1.16%
+8.73%
$ 1.06B
$ 37.29K
12
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
0.00%
0.00%
$ 1.05B
$ 1.27M
13
JUST
JUST
JST
$ 0.10522
-0.41%
-0.83%
+1.88%
$ 906.41M
$ 532.08K
14
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.08123
+0.68%
-0.24%
+11.89%
$ 871.03M
$ 2.12M
15
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 91.11
+0.52%
+0.05%
+7.34%
$ 816.64M
$ 1.56M
16
Ethena
Ethena
ENA
$ 0.0884
+2.29%
+3.56%
+3.11%
$ 810.42M
$ 4.23M
17
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.8
+1.88%
+0.03%
+4.97%
$ 799.29M
$ 3.36M
18
Lighter
Lighter
LIT
$ 2.4864
+2.64%
+0.07%
+3.39%
$ 600.60M
$ 882.74K
19
Jupiter
Jupiter
JUP
$ 0.1744
+1.95%
+2.80%
+2.74%
$ 572.09M
$ 1.67M
20
PancakeSwap
PancakeSwap
CAKE
$ 1.579
+0.58%
+5.69%
+9.77%
$ 549.26M
$ 670.79K
21
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.5082
+1.21%
+3.78%
+25.92%
$ 442.80M
$ 5.64M
22
Injective
Injective
INJ
$ 4.372
+1.49%
+7.53%
-5.16%
$ 435.37M
$ 192.27K
23
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.4234
+1.59%
+2.29%
+2.01%
$ 396.48M
$ 1.70M
24
Curve
Curve
CRV
$ 0.2544
+1.42%
+2.25%
-1.03%
$ 379.33M
$ 1.60M
25
Staked USDai
Staked USDai
SUSDAI
$ 1.1
0.00%
0.00%
0.00%
$ 356.22M
$ 148.54K
26
SUN
SUN
SUN
$ 0.01705
-0.01%
-3.05%
-6.83%
$ 325.12M
$ 11.27M
27
Pyth Network
Pyth Network
PYTH
$ 0.03999
+2.10%
+1.78%
-2.16%
$ 310.12M
$ 4.79M
28
tBTC
tBTC
TBTC
$ 68,811
+5.09%
+0.06%
+9.40%
$ 310.08M
$ 2.49M
29
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,176.49
+5.23%
+0.07%
+9.39%
$ 309.71M
$ 75.24K
30
Gnosis
Gnosis
GNO
$ 117.72
+1.27%
+5.65%
+10.92%
$ 304.47M
$ 719.84
31
Velvet
Velvet
VELVET
$ 0.62947
+0.90%
+5.60%
-5.03%
$ 289.31M
$ 737.93K
32
SEI
SEI
SEI
$ 0.04013
+2.10%
+2.16%
-2.28%
$ 287.34M
$ 1.31M
33
TIA
TIA
TIA
$ 0.313
+0.95%
+2.42%
+0.23%
$ 284.08M
$ 697.11K
34
Olympus
Olympus
OHM
$ 18.37
+0.66%
+0.00%
-1.50%
$ 274.58M
$ 403.31K
35
JITO
JITO
JTO
$ 0.5629
+2.16%
+1.44%
+1.90%
$ 272.30M
$ 130.03K
36
Lido DAO
Lido DAO
LDO
$ 0.3252
+3.83%
+4.85%
+8.88%
$ 269.79M
$ 314.38K
37
Terra Classic
Terra Classic
LUNC
$ 0.00004925
+1.77%
+3.26%
+0.35%
$ 269.50M
$ 2.23B
38
Pendle
Pendle
PENDLE
$ 1.365
+2.05%
-0.37%
+1.36%
$ 229.82M
$ 369.29K
39
Staked Aave
Staked Aave
STKAAVE
$ 93.28
+4.05%
+0.05%
+7.18%
$ 228.34M
$ 3.45K
40
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.13
0.00%
0.00%
+0.89%
$ 217.84M
$ 26.12K
41
crvUSD
crvUSD
CRVUSD
$ 0.999386
-0.01%
0.00%
+0.11%
$ 211.87M
$ 23.30M
42
Maple Finance
Maple Finance
SYRUP
$ 0.16591
+2.56%
+1.13%
+8.03%
$ 195.55M
$ 474.94K
43
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 113.28
+2.48%
+0.05%
+7.49%
$ 191.28M
$ 667.38K
44
Falcon Finance
Falcon Finance
FF
$ 0.06459
+0.67%
+1.23%
-0.67%
$ 184.60M
$ 851.40K
45
Compound
Compound
COMP
$ 17.85
+0.90%
+3.42%
+11.01%
$ 178.50M
$ 4.23K
46
Lido Earn ETH
Lido Earn ETH
EARNETH
$ 2,042.84
+3.99%
+0.05%
+7.61%
$ 175.60M
--
47
Raydium
Raydium
RAY
$ 0.6374
+1.26%
+2.43%
+1.61%
$ 170.29M
$ 101.87K
48
Zebec Network
Zebec Network
ZBCN
$ 0.0016783
+3.26%
+5.52%
+5.63%
$ 165.86M
$ 115.00M
49
Convex Finance
Convex Finance
CVX
$ 1.621
+4.38%
+3.30%
-5.78%
$ 156.70M
$ 43.51K
50
DEXE
DEXE
DEXE
$ 1.877
+1.59%
-2.11%
-7.52%
$ 155.58M
$ 99.21K

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.