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
Hyperliquid
Hyperliquid
HYPE
$ 65.35
+1.75%
+1.75%
+9.29%
$ 16.69B
$ 49.49K
2
Lido Staked ETH
Lido Staked ETH
STETH
$ 1,569.46
+1.12%
-0.46%
-3.91%
$ 14.12B
$ 44.18
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 1,947.81
+0.71%
-0.27%
-2.96%
$ 7.26B
$ 3.97M
4
Chainlink
Chainlink
LINK
$ 7.21
+1.26%
-1.13%
-2.53%
$ 4.76B
$ 217.91K
5
LAB
LAB
LAB
$ 13.23231
+0.54%
-15.17%
-31.07%
$ 4.06B
$ 53.38K
6
DEXE
DEXE
DEXE
$ 23.258
0.00%
+5.80%
+2.85%
$ 1.93B
$ 4.23K
7
UNISWAP
UNISWAP
UNI
$ 2.776
+1.34%
-5.86%
-1.76%
$ 1.74B
$ 63.84K
8
Aster
Aster
ASTER
$ 0.6227
+0.70%
+0.02%
+0.99%
$ 1.68B
$ 2.13M
9
Ondo
Ondo
ONDO
$ 0.31018
+1.85%
-0.37%
+3.75%
$ 1.51B
$ 813.62K
10
AaveToken
AaveToken
AAVE
$ 86.02
+0.36%
-4.42%
+14.11%
$ 1.33B
$ 6.48K
11
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.17
0.00%
+0.02%
0.00%
$ 1.29B
$ 936.98K
12
Sky Protocol
Sky Protocol
SKY
$ 0.05399
+0.20%
+4.86%
+1.59%
$ 1.26B
$ 1.22M
13
MORPHO
MORPHO
MORPHO
$ 1.882
+1.52%
+4.42%
+10.24%
$ 946.90M
$ 58.25K
14
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.47
+0.87%
-0.49%
+3.89%
$ 776.86M
$ 3.81M
15
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 82.26
+1.28%
-0.53%
+9.04%
$ 748.81M
$ 1.73M
16
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.0698
+0.97%
-1.85%
-6.84%
$ 746.61M
$ 2.40M
17
JUST
JUST
JST
$ 0.08542
+0.27%
-1.59%
+3.28%
$ 729.89M
$ 711.21K
18
Velvet
Velvet
VELVET
$ 1.62107
+2.76%
-1.92%
+249.25%
$ 687.97M
$ 1.61M
19
Jupiter
Jupiter
JUP
$ 0.2083
+2.27%
-3.50%
-3.45%
$ 686.97M
$ 1.52M
20
Ethena
Ethena
ENA
$ 0.07142
-0.08%
-11.42%
-12.29%
$ 669.15M
$ 17.06M
21
Lighter
Lighter
LIT
$ 1.9503
+3.18%
+14.18%
+27.46%
$ 487.13M
$ 129.98K
22
PancakeSwap
PancakeSwap
CAKE
$ 1.308
+1.70%
-0.75%
+0.69%
$ 464.11M
$ 458.94K
23
Injective
Injective
INJ
$ 4.618
+1.09%
-3.28%
+8.10%
$ 462.87M
$ 306.05K
24
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.4646
+2.24%
-1.43%
-5.95%
$ 440.02M
$ 328.08K
25
JITO
JITO
JTO
$ 0.771
+3.01%
-1.27%
+15.96%
$ 366.89M
$ 200.94K
26
SEI
SEI
SEI
$ 0.04878
+1.35%
-1.45%
-7.36%
$ 352.73M
$ 3.42M
27
TIA
TIA
TIA
$ 0.3618
+0.75%
-9.59%
+0.08%
$ 334.58M
$ 3.09M
28
Terra Classic
Terra Classic
LUNC
$ 0.00005998
+1.97%
-1.90%
+0.12%
$ 333.45M
$ 3.32B
29
Pyth Network
Pyth Network
PYTH
$ 0.0408
+15.31%
+14.62%
+24.30%
$ 332.72M
$ 29.39M
30
SUN
SUN
SUN
$ 0.016349
+0.02%
-2.86%
-4.51%
$ 314.62M
$ 8.63M
31
Staked USDai
Staked USDai
SUSDAI
$ 1.092
0.00%
-0.03%
0.00%
$ 298.33M
$ 3.54M
32
tBTC
tBTC
TBTC
$ 58,828
+0.75%
-1.76%
-2.40%
$ 291.80M
$ 3.46M
33
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.3229
+0.59%
-6.99%
-3.68%
$ 285.95M
$ 4.42M
34
Curve
Curve
CRV
$ 0.1884
+1.62%
-1.37%
-4.43%
$ 284.69M
$ 1.33M
35
Gnosis
Gnosis
GNO
$ 105.68
+0.96%
-1.39%
+0.64%
$ 280.21M
$ 585.92
36
ETHGAS
ETHGAS
GWEI
$ 0.14062
+7.64%
-26.68%
+21.48%
$ 250.50M
$ 2.47M
37
Olympus
Olympus
OHM
$ 15.71
+0.38%
+0.09%
-0.63%
$ 234.71M
$ 205.49K
38
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 1,674.95
+0.54%
-0.94%
-2.90%
$ 226.19M
$ 153.81K
39
Pendle
Pendle
PENDLE
$ 1.303
+1.79%
-2.10%
+5.23%
$ 223.50M
$ 521.70K
40
Zebec Network
Zebec Network
ZBCN
$ 0.0022408
+1.09%
-3.38%
-5.19%
$ 223.13M
$ 97.04M
41
Telcoin
Telcoin
TEL
$ 0.002253
+0.54%
-0.66%
-7.67%
$ 216.36M
$ 39.28M
42
B
B
B
$ 0.21567
+0.56%
-0.21%
-1.55%
$ 216.01M
$ 404.71K
43
Lido DAO
Lido DAO
LDO
$ 0.2455
+1.59%
-0.91%
-2.27%
$ 210.29M
$ 394.34K
44
Falcon Finance
Falcon Finance
FF
$ 0.06897
+0.54%
+4.18%
+4.13%
$ 197.83M
$ 989.07K
45
Staked Aave
Staked Aave
STKAAVE
$ 87.14
+0.13%
-4.32%
+15.74%
$ 188.85M
$ 3.20K
46
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.11
0.00%
+0.00%
0.00%
$ 180.12M
$ 35.69K
47
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 101.89
+1.15%
-0.65%
+8.93%
$ 178.60M
$ 1.49M
48
Cortex
Cortex
CX
$ 0.119107
+1.61%
+56.29%
+100.50%
$ 175.48M
$ 1.51M
49
crvUSD
crvUSD
CRVUSD
$ 0.998229
-0.06%
+0.03%
+0.02%
$ 171.12M
$ 13.06M
50
Plasma
Plasma
XPL
$ 0.09126
+1.94%
-7.43%
+5.47%
$ 165.76M
$ 9.74M

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.