Top Decentralised Finance (DeFi) Tokens by Market Capitalisation

Decentralised Finance (DeFi) protocols utilise 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 centralised 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
$ 64.2
-0.08%
+1.94%
-8.14%
$ 16.29B
$ 39.46K
2
Lido Staked ETH
Lido Staked ETH
STETH
$ 1,577.87
-0.18%
+1.92%
-9.05%
$ 14.21B
$ 36.44
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 1,958.82
0.00%
+3.80%
-8.56%
$ 7.21B
$ 6.29M
4
LAB
LAB
LAB
$ 19.76743
+1.32%
+6.29%
+45.64%
$ 6.06B
$ 38.50K
5
Chainlink
Chainlink
LINK
$ 7.374
-0.23%
+2.70%
-7.36%
$ 4.85B
$ 208.34K
6
DEXE
DEXE
DEXE
$ 21.815
-0.38%
-4.26%
+49.36%
$ 1.85B
$ 9.25K
7
UNISWAP
UNISWAP
UNI
$ 2.945
-0.17%
+3.93%
-0.60%
$ 1.84B
$ 68.39K
8
Aster
Aster
ASTER
$ 0.6292
-0.10%
+0.87%
-3.75%
$ 1.70B
$ 2.00M
9
Ondo
Ondo
ONDO
$ 0.32152
+0.09%
+4.45%
-5.83%
$ 1.57B
$ 828.07K
10
AaveToken
AaveToken
AAVE
$ 93.24
-1.27%
+14.14%
+25.34%
$ 1.48B
$ 17.72K
11
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.17
0.00%
+0.12%
0.00%
$ 1.29B
$ 17.02M
12
Sky Protocol
Sky Protocol
SKY
$ 0.04977
-0.32%
-3.37%
-14.66%
$ 1.16B
$ 1.12M
13
MORPHO
MORPHO
MORPHO
$ 1.7794
+1.09%
+10.00%
-1.78%
$ 901.80M
$ 70.40K
14
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.44
0.00%
+5.19%
-2.27%
$ 772.81M
$ 6.21M
15
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.07179
+0.19%
+0.06%
-9.71%
$ 767.08M
$ 3.33M
16
Jupiter
Jupiter
JUP
$ 0.2268
-0.70%
+2.84%
+2.75%
$ 756.70M
$ 1.57M
17
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 80.63
+0.10%
+8.44%
-1.75%
$ 742.35M
$ 2.42M
18
Ethena
Ethena
ENA
$ 0.0793
-0.16%
+0.16%
-11.44%
$ 741.92M
$ 17.27M
19
JUST
JUST
JST
$ 0.08278
+0.10%
+0.58%
-0.05%
$ 707.17M
$ 804.46K
20
Injective
Injective
INJ
$ 4.893
-1.35%
+11.62%
-4.17%
$ 489.76M
$ 768.68K
21
PancakeSwap
PancakeSwap
CAKE
$ 1.333
-0.22%
+0.83%
-5.12%
$ 469.03M
$ 339.26K
22
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.4754
-0.27%
+1.81%
-12.84%
$ 454.78M
$ 674.31K
23
Lighter
Lighter
LIT
$ 1.7952
-0.03%
+8.86%
+11.12%
$ 447.98M
$ 105.74K
24
JITO
JITO
JTO
$ 0.8151
+0.52%
+7.68%
+13.17%
$ 393.18M
$ 544.48K
25
SEI
SEI
SEI
$ 0.05235
-0.19%
-4.28%
-5.19%
$ 379.58M
$ 5.43M
26
Terra Classic
Terra Classic
LUNC
$ 0.00006364
-0.34%
-1.18%
-6.93%
$ 352.09M
$ 3.42B
27
TIA
TIA
TIA
$ 0.3741
-0.48%
+7.14%
+1.89%
$ 346.54M
$ 2.69M
28
Velvet
Velvet
VELVET
$ 0.8094
+2.79%
+61.80%
+62.84%
$ 331.56M
$ 5.12M
29
SUN
SUN
SUN
$ 0.016789
+0.05%
+0.11%
-2.89%
$ 322.80M
$ 7.25M
30
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.3561
-0.39%
-4.81%
+2.29%
$ 315.28M
$ 6.25M
31
tBTC
tBTC
TBTC
$ 60,179
-0.03%
+2.97%
-6.38%
$ 301.26M
$ 9.36M
32
Staked USDai
Staked USDai
SUSDAI
$ 1.092
0.00%
-0.00%
+0.09%
$ 297.40M
$ 4.15M
33
Curve
Curve
CRV
$ 0.1935
-0.51%
-0.21%
-10.44%
$ 293.94M
$ 2.29M
34
Gnosis
Gnosis
GNO
$ 104.93
+0.05%
+0.51%
-3.53%
$ 276.22M
$ 602.26
35
Pyth Network
Pyth Network
PYTH
$ 0.03429
-0.09%
+7.85%
-6.15%
$ 271.53M
$ 10.15M
36
B
B
B
$ 0.23672
+0.08%
+11.08%
+4.48%
$ 237.63M
$ 551.96K
37
Olympus
Olympus
OHM
$ 15.87
-0.38%
+1.58%
0.00%
$ 236.78M
$ 30.10K
38
Zebec Network
Zebec Network
ZBCN
$ 0.0023611
-0.41%
+0.08%
-3.66%
$ 235.80M
$ 62.36M
39
ETHGAS
ETHGAS
GWEI
$ 0.13402
-0.42%
+8.00%
+23.39%
$ 232.16M
$ 147.13K
40
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 1,687.12
-0.09%
+3.67%
-8.60%
$ 227.89M
$ 32.96K
41
Telcoin
Telcoin
TEL
$ 0.002349
+0.43%
+1.12%
-2.17%
$ 225.49M
$ 37.15M
42
Pendle
Pendle
PENDLE
$ 1.272
-0.16%
+3.40%
-14.42%
$ 218.03M
$ 334.34K
43
Lido DAO
Lido DAO
LDO
$ 0.2484
+0.12%
+2.79%
-9.55%
$ 210.79M
$ 458.32K
44
Bitway
Bitway
BTW
$ 0.091896
-1.21%
-4.04%
-12.96%
$ 209.00M
$ 73.14M
45
Staked Aave
Staked Aave
STKAAVE
$ 93.2
-2.82%
+18.60%
+23.38%
$ 201.62M
$ 21.40K
46
Plasma
Plasma
XPL
$ 0.10744
+0.93%
+7.48%
+14.52%
$ 195.07M
$ 14.60M
47
Falcon Finance
Falcon Finance
FF
$ 0.06672
+0.20%
-0.48%
-7.82%
$ 191.82M
$ 878.26K
48
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.11
0.00%
-0.00%
0.00%
$ 180.40M
$ 64.87K
49
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 100.08
+0.01%
+8.75%
-1.74%
$ 180.00M
$ 1.44M
50
MIOTAC
MIOTAC
IOTA
$ 0.03873
-0.03%
+3.01%
-14.05%
$ 173.63M
$ 1.55M

Frequently Asked Questions

What does Decentralised Finance (DeFi) mean in the Web3 ecosystem?
Decentralised Finance (DeFi) represents a financial system built entirely on blockchain networks. DeFi utilises smart contracts to offer lending, borrowing, and trading services without relying on centralised 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 Decentralised 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 decentralised 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.