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
$ 66.2
-0.17%
-3.13%
-10.71%
$ 16.82B
$ 52.61K
2
Lido Staked ETH
Lido Staked ETH
STETH
$ 1,729.8
+0.52%
-0.39%
-3.31%
$ 15.59B
$ 32.08
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,136.73
-0.08%
+0.03%
-3.62%
$ 7.77B
$ 3.63M
4
Chainlink
Chainlink
LINK
$ 7.882
+0.47%
-0.53%
-5.20%
$ 5.19B
$ 177.08K
5
LAB
LAB
LAB
$ 16.71452
-3.95%
+8.33%
+20.00%
$ 5.07B
$ 73.66K
6
UNISWAP
UNISWAP
UNI
$ 2.982
+0.40%
-1.71%
-14.30%
$ 1.86B
$ 77.88K
7
DEXE
DEXE
DEXE
$ 22.04
-1.00%
+60.44%
+19.24%
$ 1.83B
$ 20.87K
8
Aster
Aster
ASTER
$ 0.6308
+0.30%
-2.10%
-4.99%
$ 1.71B
$ 1.94M
9
Ondo
Ondo
ONDO
$ 0.32689
+0.27%
-3.52%
-13.38%
$ 1.59B
$ 1.58M
10
Sky Protocol
Sky Protocol
SKY
$ 0.05947
+0.13%
0.00%
+3.91%
$ 1.39B
$ 996.74K
11
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.17
0.00%
+0.10%
0.00%
$ 1.29B
$ 2.34M
12
AaveToken
AaveToken
AAVE
$ 75.48
+0.23%
-0.66%
-1.89%
$ 1.16B
$ 4.52K
13
MORPHO
MORPHO
MORPHO
$ 1.7813
-0.40%
-1.83%
-7.56%
$ 896.73M
$ 42.25K
14
Ethena
Ethena
ENA
$ 0.0906
+0.03%
-2.45%
+3.96%
$ 844.89M
$ 16.04M
15
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.07858
+0.34%
-1.48%
+2.27%
$ 840.11M
$ 2.40M
16
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.48
+0.29%
-0.83%
-1.69%
$ 793.47M
$ 3.42M
17
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 80.3
+0.10%
-2.23%
-2.52%
$ 745.27M
$ 646.16K
18
JUST
JUST
JST
$ 0.08394
-0.12%
-0.63%
+1.94%
$ 716.91M
$ 733.30K
19
Jupiter
Jupiter
JUP
$ 0.2106
+0.91%
-2.67%
+7.32%
$ 701.25M
$ 1.09M
20
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.5407
-0.02%
+2.70%
+12.03%
$ 514.70M
$ 577.05K
21
Injective
Injective
INJ
$ 4.795
+0.59%
-3.70%
-14.82%
$ 480.76M
$ 282.11K
22
PancakeSwap
PancakeSwap
CAKE
$ 1.354
+0.44%
-1.95%
-4.63%
$ 477.83M
$ 346.44K
23
Lighter
Lighter
LIT
$ 1.6314
-0.22%
-0.53%
-6.18%
$ 409.73M
$ 140.55K
24
SEI
SEI
SEI
$ 0.05415
+0.11%
-1.72%
-1.97%
$ 392.00M
$ 1.80M
25
TIA
TIA
TIA
$ 0.396
+2.16%
+3.78%
-4.71%
$ 361.26M
$ 3.09M
26
Terra Classic
Terra Classic
LUNC
$ 0.000065
-0.08%
-3.38%
-15.40%
$ 359.93M
$ 2.99B
27
SUN
SUN
SUN
$ 0.0175
-0.23%
+1.22%
+3.38%
$ 336.85M
$ 10.86M
28
JITO
JITO
JTO
$ 0.6617
+1.70%
-0.18%
-16.27%
$ 323.44M
$ 310.76K
29
Curve
Curve
CRV
$ 0.2109
+0.76%
+1.29%
-13.30%
$ 320.33M
$ 1.50M
30
tBTC
tBTC
TBTC
$ 64,123
+0.15%
+0.32%
-2.68%
$ 318.84M
$ 2.35M
31
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.3456
+0.76%
-1.51%
+0.93%
$ 304.89M
$ 5.80M
32
Staked USDai
Staked USDai
SUSDAI
$ 1.092
0.00%
+0.10%
+0.18%
$ 293.07M
$ 722.23K
33
Pyth Network
Pyth Network
PYTH
$ 0.03668
+1.09%
+1.32%
-7.40%
$ 290.82M
$ 11.35M
34
Gnosis
Gnosis
GNO
$ 107.2
+0.58%
+0.45%
+0.78%
$ 284.22M
$ 575.14
35
Telcoin
Telcoin
TEL
$ 0.002619
+1.04%
+8.63%
+2.43%
$ 251.43M
$ 135.19M
36
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 1,847.1
+0.21%
+0.86%
-3.00%
$ 249.35M
$ 210.04K
37
Zebec Network
Zebec Network
ZBCN
$ 0.0024356
+0.05%
-0.03%
-9.66%
$ 243.52M
$ 42.78M
38
Olympus
Olympus
OHM
$ 15.89
+0.19%
-0.26%
-1.00%
$ 237.61M
$ 199.49K
39
B
B
B
$ 0.23606
+0.20%
+6.63%
-1.10%
$ 237.10M
$ 559.21K
40
Pendle
Pendle
PENDLE
$ 1.363
+0.52%
-6.26%
-7.09%
$ 232.73M
$ 397.62K
41
Lido DAO
Lido DAO
LDO
$ 0.2673
+0.04%
-2.37%
-6.50%
$ 225.54M
$ 590.73K
42
ETHGAS
ETHGAS
GWEI
$ 0.11999
-0.50%
+15.25%
-1.55%
$ 209.06M
$ 548.04K
43
crvUSD
crvUSD
CRVUSD
$ 0.998983
-0.01%
+0.02%
-0.04%
$ 206.78M
$ 12.78M
44
Velvet
Velvet
VELVET
$ 0.47391
-0.80%
-0.37%
+16.22%
$ 201.50M
$ 2.32M
45
Falcon Finance
Falcon Finance
FF
$ 0.0682
+0.86%
-3.69%
-9.14%
$ 196.56M
$ 1.14M
46
MIOTAC
MIOTAC
IOTA
$ 0.04336
+0.65%
-2.75%
-11.19%
$ 195.22M
$ 1.37M
47
Bitway
Bitway
BTW
$ 0.085543
+1.01%
-13.90%
+46.41%
$ 187.20M
$ 45.04M
48
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 99.54
+0.27%
-1.80%
-2.54%
$ 179.35M
$ 664.03K
49
Compound
Compound
COMP
$ 17.61
+0.63%
-3.50%
-1.84%
$ 176.26M
$ 4.24K
50
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.11
0.00%
+0.01%
0.00%
$ 169.55M
$ 213.85K

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.