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
$ 2,693.86
+0.20%
+0.46%
+0.31%
$ 26.34B
$ 22.19
2
Hyperliquid
Hyperliquid
HYPE
$ 92.26
+0.32%
+0.78%
-1.80%
$ 23.16B
$ 12.24K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 3,352.09
+0.21%
0.00%
-0.21%
$ 12.44B
$ 2.80M
4
Chainlink
Chainlink
LINK
$ 14.15
+0.63%
+1.88%
+11.86%
$ 9.30B
$ 85.79K
5
UNISWAP
UNISWAP
UNI
$ 9.676
+0.39%
+1.84%
+9.73%
$ 6.03B
$ 194.96K
6
Bitway
Bitway
BTW
$ 1.00451
-1.22%
-23.71%
+38.46%
$ 2.84B
$ 1.55M
7
Ethena
Ethena
ENA
$ 0.26911
-0.26%
+0.21%
+21.28%
$ 2.72B
$ 230.25M
8
Ondo
Ondo
ONDO
$ 0.53648
+0.58%
-1.57%
+21.62%
$ 2.61B
$ 2.61M
9
AaveToken
AaveToken
AAVE
$ 154.9
+0.62%
+1.04%
+11.76%
$ 2.40B
$ 1.98K
10
Aster
Aster
ASTER
$ 0.7368
+0.41%
+0.74%
-1.33%
$ 1.99B
$ 1.71M
11
Sky Protocol
Sky Protocol
SKY
$ 0.07795
+0.33%
+1.69%
+9.85%
$ 1.83B
$ 1.97M
12
MORPHO
MORPHO
MORPHO
$ 2.717
+0.31%
+0.35%
-0.68%
$ 1.44B
$ 132.86K
13
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.12041
+0.82%
+3.27%
+11.46%
$ 1.28B
$ 2.83M
14
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 137.74
+0.43%
-0.00%
+8.27%
$ 1.25B
$ 1.06M
15
Lighter
Lighter
LIT
$ 4.8215
+0.30%
+0.22%
-1.53%
$ 1.20B
$ 906.24K
16
Jupiter
Jupiter
JUP
$ 0.3395
+0.12%
+1.01%
+9.97%
$ 1.13B
$ 1.35M
17
JUST
JUST
JST
$ 0.12278
+0.07%
+0.47%
+8.25%
$ 1.01B
$ 704.14K
18
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
0.00%
0.00%
$ 1.00B
$ 1.47M
19
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 4.9
+0.20%
-0.00%
+4.26%
$ 950.07M
$ 5.06M
20
PancakeSwap
PancakeSwap
CAKE
$ 2.746
+0.29%
-1.08%
+5.78%
$ 875.66M
$ 663.98K
21
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.8695
+0.75%
+5.29%
+28.20%
$ 872.22M
$ 11.74M
22
Injective
Injective
INJ
$ 7.75
+1.23%
-3.41%
+0.75%
$ 774.77M
$ 481.89K
23
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.7279
+0.32%
+3.11%
-1.41%
$ 703.74M
$ 6.58M
24
Pyth Network
Pyth Network
PYTH
$ 0.0803
+0.89%
+10.48%
+29.26%
$ 635.98M
$ 13.96M
25
Raydium
Raydium
RAY
$ 2.0461
-0.57%
+0.58%
+19.34%
$ 554.07M
$ 92.53K
26
SEI
SEI
SEI
$ 0.07154
+0.46%
-3.44%
+30.95%
$ 545.22M
$ 9.31M
27
Curve
Curve
CRV
$ 0.3455
+0.93%
-1.48%
-4.74%
$ 541.64M
$ 2.19M
28
Staked USDai
Staked USDai
SUSDAI
$ 1.12
0.00%
0.00%
+0.90%
$ 489.18M
$ 4.87M
29
TIA
TIA
TIA
$ 0.492
+0.47%
+0.39%
+15.35%
$ 453.53M
$ 2.64M
30
Pendle
Pendle
PENDLE
$ 2.568
+0.82%
+2.39%
-7.51%
$ 447.05M
$ 293.12K
31
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,893.35
+0.23%
0.00%
+0.39%
$ 426.10M
$ 375.53K
32
Derive
Derive
DRV
$ 0.412123
+0.86%
-0.07%
+4.26%
$ 411.98M
$ 13.18M
33
Falcon Finance
Falcon Finance
FF
$ 0.13115
+0.03%
-1.59%
-3.96%
$ 411.69M
$ 578.86K
34
Lido DAO
Lido DAO
LDO
$ 0.4795
+1.37%
-0.74%
+10.80%
$ 398.28M
$ 834.22K
35
Staked Aave
Staked Aave
STKAAVE
$ 154.53
+0.72%
+0.01%
+11.25%
$ 385.79M
$ 1.88K
36
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.13
0.00%
0.00%
0.00%
$ 383.16M
$ 1.90K
37
tBTC
tBTC
TBTC
$ 84,297
+0.09%
+0.00%
+3.15%
$ 352.32M
$ 1.06M
38
SUN
SUN
SUN
$ 0.017131
+0.06%
-0.34%
-0.33%
$ 329.22M
$ 8.66M
39
Ethena Staked ENA
Ethena Staked ENA
SENA
$ 0.271578
-0.52%
+0.03%
+21.79%
$ 319.56M
$ 1.43M
40
JITO
JITO
JTO
$ 0.6012
+1.36%
+6.61%
+20.80%
$ 317.86M
$ 462.14K
41
Plasma
Plasma
XPL
$ 0.11092
+0.44%
-1.75%
+22.28%
$ 309.50M
$ 26.65M
42
Gnosis
Gnosis
GNO
$ 116.66
+0.13%
+1.86%
-1.39%
$ 307.95M
$ 496.55
43
Terra Classic
Terra Classic
LUNC
$ 0.00005539
+0.29%
-0.68%
+1.47%
$ 305.25M
$ 1.76B
44
Olympus
Olympus
OHM
$ 20.33
+0.10%
0.00%
+0.69%
$ 303.32M
$ 78.02K
45
Bedrock
Bedrock
BR
$ 0.9627
+0.71%
+3.21%
-17.94%
$ 291.56M
$ 378.57K
46
Kamino
Kamino
KMNO
$ 0.05041
+2.86%
+24.40%
+55.98%
$ 289.12M
$ 2.15M
47
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 170.86
+0.29%
-0.00%
+8.19%
$ 276.18M
$ 1.03M
48
Maple Finance
Maple Finance
SYRUP
$ 0.22034
-0.18%
-0.26%
-0.73%
$ 263.06M
$ 377.16K
49
THORChain
THORChain
RUNE
$ 0.7586
-0.07%
+16.82%
+33.49%
$ 249.73M
$ 7.12M
50
Compound
Compound
COMP
$ 23.96
+0.33%
-0.37%
+7.44%
$ 239.70M
$ 3.07K

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.