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
51
Raydium
Raydium
RAY
$ 0.6305
-1.88%
-1.23%
-1.59%
$ 168.35M
$ 102.92K
52
Plasma
Plasma
XPL
$ 0.08973
-0.72%
-5.50%
-1.21%
$ 161.39M
$ 13.44M
53
Maple Finance
Maple Finance
SYRUP
$ 0.13584
-1.37%
-1.62%
-6.01%
$ 160.39M
$ 474.05K
54
Staked Aave
Staked Aave
STKAAVE
$ 73.83
-0.04%
-0.61%
+0.94%
$ 159.08M
$ 597.31
55
THORChain
THORChain
RUNE
$ 0.417
-1.39%
+2.08%
+6.18%
$ 139.58M
$ 382.16K
56
Spiko Amundi Overnight Swap Fund
Spiko Amundi Overnight Swap Fund
SAFO
$ 1.011
0.00%
0.00%
0.00%
$ 138.93M
--
57
Stargate Finance
Stargate Finance
STG
$ 0.1994
-2.16%
-4.56%
-7.10%
$ 131.46M
$ 307.98K
58
Convex Finance
Convex Finance
CVX
$ 1.227
-1.46%
-3.50%
-11.84%
$ 119.12M
$ 47.95K
59
Vision
Vision
VSN
$ 0.03257
-0.06%
-1.09%
-6.93%
$ 118.47M
$ 1.94M
60
Frax Ether
Frax Ether
FRXETH
$ 1,711.46
-0.29%
-0.65%
-4.02%
$ 113.40M
$ 43.26K
61
AWE Network
AWE Network
AWE
$ 0.05589
-0.39%
+3.88%
+3.96%
$ 108.21M
$ 1.12M
62
SoSoValue
SoSoValue
SOSO
$ 0.3064
-0.23%
+2.04%
+3.49%
$ 104.52M
$ 295.49K
63
dYdX
dYdX
DYDX
$ 0.12239
-2.22%
+1.47%
+0.69%
$ 102.55M
$ 826.84K
64
1INCH
1INCH
1INCH
$ 0.07276
-1.38%
-2.66%
-5.75%
$ 101.56M
$ 781.83K
65
Coinbase Wrapped XRP
Coinbase Wrapped XRP
CBXRP
$ 1.13
-0.88%
-0.61%
-8.87%
$ 101.50M
$ 489.46K
66
Steakhouse USDC Morpho Vault
Steakhouse USDC Morpho Vault
STEAKUSDC
$ 1.13
0.00%
-0.00%
0.00%
$ 95.86M
$ 0.14
67
Kamino
Kamino
KMNO
$ 0.01986
-1.00%
+4.44%
+8.28%
$ 95.57M
$ 3.25M
68
Lido Earn ETH
Lido Earn ETH
EARNETH
$ 1,729.44
-0.28%
-0.62%
-4.21%
$ 94.77M
$ 9.67K
69
Magma Finance
Magma Finance
MAGMA
$ 0.49972
+1.69%
+19.02%
+26.62%
$ 94.58M
$ 849.14K
70
CoW Protocol
CoW Protocol
COW
$ 0.1604
-2.04%
-0.31%
+0.13%
$ 91.89M
$ 402.62K
71
Ethena Staked ENA
Ethena Staked ENA
SENA
$ 0.089774
-0.52%
+1.91%
+4.56%
$ 91.73M
$ 31.62K
72
Bybit Staked SOL
Bybit Staked SOL
BBSOL
$ 84.4
-0.60%
+1.97%
-0.75%
$ 88.66M
$ 2.52M
73
Defi App
Defi App
HOME
$ 0.02114
+0.23%
+0.79%
-28.00%
$ 88.24M
$ 7.15M
74
DeepBook
DeepBook
DEEP
$ 0.01646
-2.01%
-3.35%
-8.25%
$ 87.18M
$ 3.61M
75
RealLink
RealLink
REAL
$ 0.06207
-0.99%
-1.77%
-3.35%
$ 84.79M
$ 7.54M
76
Horizen
Horizen
ZEN
$ 4.589
-1.58%
-2.74%
-4.49%
$ 82.34M
$ 22.38K
77
SNX
SNX
SNX
$ 0.2381
-1.50%
-2.88%
-7.06%
$ 81.24M
$ 292.72K
78
Staked Frax Ether
Staked Frax Ether
SFRXETH
$ 1,990.07
-0.38%
-0.54%
-3.94%
$ 80.80M
$ 1.56K
79
Nexus Mutual
Nexus Mutual
NXM
$ 46.5
-0.09%
-0.61%
-3.35%
$ 80.12M
--
80
Reserve Rights
Reserve Rights
RSR
$ 0.001289
-1.69%
-2.89%
-12.59%
$ 79.94M
$ 44.73M
81
Instadapp
Instadapp
FLUID
$ 0.986
-1.55%
-2.83%
-11.71%
$ 77.83M
$ 2.40K
82
Block Street
Block Street
BSB
$ 0.33823
-1.06%
-1.84%
-6.56%
$ 75.57M
$ 1.08M
83
Lista USD
Lista USD
LISUSD
$ 0.996793
-0.02%
-0.00%
-0.09%
$ 75.15M
$ 16.14K
84
Huma Finance
Huma Finance
HUMA
$ 0.02305
-0.26%
-4.82%
-4.46%
$ 74.71M
$ 2.50M
85
Orca
Orca
ORCA
$ 1.204
-1.49%
-3.20%
+4.11%
$ 72.55M
$ 90.81K
86
Savings xDAI
Savings xDAI
SDAI
$ 1.24
0.00%
+0.03%
0.00%
$ 70.60M
$ 1.15M
87
Origin Ether
Origin Ether
OETH
$ 1,712.54
-0.26%
-0.67%
-7.13%
$ 70.55M
$ 25.28K
88
0x
0x
ZRX
$ 0.08342
-2.13%
-2.46%
-7.01%
$ 70.41M
$ 660.09K
89
Numeraire
Numeraire
NMR
$ 9.058
-0.59%
+0.64%
+4.98%
$ 67.63M
$ 7.06K
90
AI Powered Finance
AI Powered Finance
AIPF
$ 2.16
0.00%
-0.16%
0.00%
$ 66.64M
$ 616.70K
91
YearnFinance
YearnFinance
YFI
$ 1,810.6
-1.45%
-3.19%
-13.27%
$ 64.33M
$ 33.30
92
BERA
BERA
BERA
$ 0.2328
-2.29%
+0.57%
-11.58%
$ 63.86M
$ 343.24K
93
GMX
GMX
GMX
$ 5.894
-1.62%
-3.32%
-0.47%
$ 61.24M
$ 9.62K
94
Turbo
Turbo
TURBO
$ 0.0008748
-2.10%
-2.11%
-4.00%
$ 59.84M
$ 92.51M
95
VELO
VELO
VELO
$ 0.00331
-2.39%
-2.28%
-5.47%
$ 58.00M
$ 3.02M
96
Bedrock BTC
Bedrock BTC
BRBTC
$ 71,364
0.00%
0.00%
0.00%
$ 57.14M
--
97
Treehouse ETH
Treehouse ETH
TETH
$ 2,129.05
-0.33%
-0.61%
-4.41%
$ 55.65M
$ 15.53K
98
Quantix Finance
Quantix Finance
QFI
$ 55.046
-0.14%
-1.33%
+0.10%
$ 54.62M
$ 11.83K
99
Kinetiq Governance
Kinetiq Governance
KNTQ
$ 0.186
-0.79%
-0.90%
-15.19%
$ 52.62M
$ 301.67K
100
Babylon
Babylon
BABY
$ 0.0142
-1.32%
-0.21%
-25.12%
$ 52.50M
$ 8.62M

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.