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
1051
PigToken
PigToken
PIG
$ 0.00000001158
-0.51%
+0.43%
-6.78%
--
$ 4.78T
1052
ARCS
ARCS
ARCS
$ 0.01268
-0.16%
+1.20%
-4.59%
--
$ 10.09M
1053
VaporFund
VaporFund
VPR
$ 0.0002875
-0.69%
-1.00%
-9.82%
--
$ 73.26M
1054
Owlto Finance
Owlto Finance
OWL
$ 0.000787
+0.40%
-13.49%
-43.22%
--
$ 64.55M
1055
Kodexa
Kodexa
KDX
$ 0.01035
-0.67%
+0.88%
-1.71%
--
$ 27.18M
1056
Folks Finance
Folks Finance
FOLKS
$ 2.0015
+1.41%
-8.58%
+4.38%
--
$ 220.57K
1057
Klever Finance
Klever Finance
KFI
$ 0.2656
-0.04%
-1.78%
-3.52%
--
$ 41.69K
1058
Rain Protocol
Rain Protocol
RAIN
$ 0.0143943
-0.04%
-0.03%
+3.10%
--
$ 183.20M
1059
R2 Protocol
R2 Protocol
R2
$ 0.001808
-2.12%
+0.73%
-8.63%
--
$ 35.89M
1060
FOGNET Token
FOGNET Token
FOG
$ 0.00739
0.00%
+5.57%
-31.26%
--
$ 1.37M
1061
Reform DAO
Reform DAO
RFRM
$ 0.001198
0.00%
+0.17%
-0.42%
--
$ 126.23K
1062
Cloud
Cloud
CLOUD
$ 0.01467
+0.07%
+2.95%
+7.15%
--
$ 3.95M
1063
Probinex
Probinex
PBX
$ 0.0039
-1.02%
+0.52%
+0.78%
--
$ 3.69M
1064
LoopNetwork
LoopNetwork
LOOP
$ 0.002743
0.00%
0.00%
-2.04%
--
$ 108.32K
1065
pump.fun
pump.fun
PUMP
$ 0.001501
+0.66%
+2.51%
-4.60%
--
$ 127.04M
1066
Amnis Finance
Amnis Finance
AMI
$ 0.00239
+0.17%
+0.63%
+12.07%
--
$ 21.67M
1067
BOB
BOB
BOB
$ 0.005364
+0.06%
-0.32%
-5.15%
--
$ 11.95M

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.