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

851

Kaon

KAON

$ 6.21E-6

0.00%

+0.88%

-2.20%

$ 65.29K

852

Fragmetric

FRAG

$ 0.00032207

0.00%

$ 65.06K

$ 8.85

853

OpenZK Network

OZK

$ 1.479E-5

0.00%

$ 65.03K

854

gBLUE

GBLUE

$ 1.78

0.00%

-0.02%

-15.64%

$ 64.47K

$ 138.89

855

Cook

COOK

$ 3.26E-5

-6.75%

-6.83%

-14.50%

$ 64.32K

856

Router Protocol

ROUTE

$ 9.459E-5

+7.27%

+10.64%

-4.92%

$ 64.20K

857

ZINC

$ 0.30456

+0.24%

-0.16%

-37.07%

$ 63.03K

$ 7.21K

858

IRON Titanium

TITAN

$ 1.8E-9

+0.22%

+0.74%

-0.72%

$ 63.01K

859

AurumTrust

AUT

$ 7.706E-5

0.00%

+0.30%

+7.46%

$ 62.55K

860

CVI

GOVI

$ 0.00194836

0.00%

-0.87%

$ 62.35K

$ 147.64

861

Deq Staked AVAIL

STAVAIL

$ 0.00230355

0.00%

$ 62.07K

$ 115.18

862

Alloca

ALLOCA

$ 0.00109985

-1.20%

+0.02%

+14.55%

$ 61.92K

$ 13.14

863

Kava Lend

HARD

$ 0.00045861

0.00%

$ 61.82K

$ 22.90

864

Ooki

OOKI

$ 1.0663E-11

0.00%

$ 61.05K

865

ZeroLend

ZERO

$ 7.23631E-7

+0.21%

+0.08%

-1.88%

$ 60.39K

866

Nura Labs

NURA

$ 6.0E-6

0.00%

$ 59.96K

867

CrowdSwap

CROWD

$ 0.00050767

0.00%

$ 59.78K

$ 75.39

868

UBXS

$ 0.00071651

-0.09%

+0.83%

$ 59.39K

$ 15.21

869

BaseSwap

BSWAP

$ 0.00592577

+0.06%

-0.02%

+16.75%

$ 59.24K

$ 136.56

870

Autonio

NIOX

$ 0.00022907

0.00%

-4.98%

$ 58.26K

$ 462.80

871

SpartaDEX

SPARTA

$ 0.00143667

0.00%

-0.71%

$ 57.07K

$ 3.65

872

Vega Protocol

VEGA

$ 0.0009039

0.00%

$ 56.40K

$ 3.12

873

Prime Numbers Labs

PRFI

$ 0.00118671

-0.57%

-0.12%

-16.04%

$ 54.68K

$ 2.87K

874

VaultBags

VAULT

$ 5.442E-5

-0.06%

+6.48%

-13.30%

$ 54.41K

875

BeeZee

BZE

$ 0.00019163

-0.11%

-0.03%

-61.98%

$ 53.97K

$ 149.94

876

Houdini Swap

LOCK

$ 0.00107939

+0.07%

+0.01%

-34.72%

$ 53.75K

$ 56.91

877

BSCS

$ 0.00019441

-0.26%

+0.02%

-3.89%

$ 53.75K

$ 15.46

878

Wave Swap

WAVE

$ 5.312E-5

+0.17%

-15.74%

-28.64%

$ 53.07K

879

Basis Cash

BAC

$ 0.00096854

0.00%

+0.03%

-0.17%

$ 52.86K

$ 1.18K

880

SpookySwap

BOO

$ 0.00724552

0.00%

-0.02%

+0.04%

$ 52.60K

$ 6.65

881

Plutus SYK

PLSSYK

$ 0.01228895

0.00%

$ 52.35K

$ 0.20

882

Staked Neptune OAS

STOAS

$ 0.00038823

+0.03%

-0.00%

-1.08%

$ 52.17K

$ 61.21

883

Staked Level USD

SLVLUSD

$ 1.12

0.00%

$ 51.99K

$ 5.25

884

Triadmarkets

TRIAD

$ 0.0001145

0.00%

-0.62%

$ 50.81K

$ 4.85

885

DFX Finance

DFX

$ 0.00050624

0.00%

$ 50.62K

$ 0.96

886

AtlasOra

AORA

$ 0.0010113

0.00%

-0.01%

-23.75%

$ 50.29K

$ 309.75

887

Shroomy

SHROOMY

$ 5.405E-5

+0.20%

-0.80%

-0.41%

$ 50.16K

888

Marginswap

MFI

$ 0.00705073

-0.69%

-0.32%

-1.30%

$ 49.74K

$ 9.86

889

BlackDuckrwa

BD/SOL

$ 4.968E-5

+0.16%

-0.65%

+4.04%

$ 49.18K

890

Exotic Markets

EXO

$ 0.053675

0.00%

+0.03%

-15.86%

$ 48.84K

$ 75.14

891

pSTAKE Finance

PSTAKE

$ 0.00010833

0.00%

$ 47.63K

$ 15.43

892

Port Finance

PORT

$ 0.00148042

-0.12%

-0.06%

-10.09%

$ 47.61K

$ 1.04K

893

ZooKeeper

ZOO

$ 9.8E-5

0.00%

+2.15%

$ 47.31K

894

Lode

LODE

$ 0.00106387

+0.04%

+10.39%

$ 46.81K

$ 2.53

895

DiviSwap

DSWAP

$ 0.076361

0.00%

+3.46%

$ 46.74K

$ 1.90

896

Morpho eUSD

MEUSD

$ 1.035

0.00%

-0.19%

$ 46.31K

897

Circuits of Value

COVAL

$ 2.586E-5

0.00%

+0.14%

+0.82%

$ 46.16K

898

Nsure Network

NSURE

$ 0.0007308

0.00%

-2.16%

$ 45.79K

$ 24.89

899

Solidly

SOLID

$ 0.00314803

0.00%

-3.53%

$ 45.71K

$ 18.50

900

Liquid BGT

LBGT

$ 0.220197

-0.01%

-0.02%

-5.34%

$ 45.58K

$ 30.46

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.

What is a Decentralized Exchange (DEX) in the DeFi ecosystem?

How do Automated Market Makers (AMMs) work in DeFi protocols?

What is impermanent loss when providing liquidity to DeFi platforms?

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.

Top Decentralized Finance (DeFi) Tokens by Market Capitalization

Tradable Crypto

Category

Decentralized Finance (DeFi)

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Proof of Work (PoW)

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Frequently Asked Questions

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