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
Lido Staked ETH
Lido Staked ETH
STETH
$ 2,264.09
-0.01%
-2.74%
-2.84%
$ 19.87B
$ 24.02
2
Hyperliquid
Hyperliquid
HYPE
$ 40.19
-0.10%
-3.79%
-6.25%
$ 10.28B
$ 18.64K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,787.98
+0.04%
-2.74%
-1.10%
$ 9.42B
$ 4.00M
4
Chainlink
Chainlink
LINK
$ 10.178
+0.30%
-4.05%
+1.35%
$ 6.70B
$ 89.89K
5
Dai
Dai
DAI
$ 0.999678
-0.01%
+0.04%
-0.01%
$ 4.40B
--
6
UNISWAP
UNISWAP
UNI
$ 3.715
-0.05%
-4.50%
+6.23%
$ 2.37B
$ 53.07K
7
Ondo
Ondo
ONDO
$ 0.39
-0.43%
-7.99%
+4.22%
$ 1.91B
$ 2.35M
8
Aster
Aster
ASTER
$ 0.6698
+0.53%
-2.19%
-0.48%
$ 1.74B
$ 2.63M
9
Sky Protocol
Sky Protocol
SKY
$ 0.07493
+0.20%
-0.73%
-7.21%
$ 1.74B
$ 1.27M
10
AaveToken
AaveToken
AAVE
$ 95.83
+0.56%
-5.74%
+1.63%
$ 1.48B
$ 5.03K
11
LAB
LAB
LAB
$ 4.55912
+1.12%
-5.56%
+24.23%
$ 1.42B
$ 905.36K
12
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.16
0.00%
+0.02%
0.00%
$ 1.35B
$ 8.74M
13
Ethena
Ethena
ENA
$ 0.12044
+0.06%
-8.07%
-3.10%
$ 1.09B
$ 6.69M
14
DEXE
DEXE
DEXE
$ 12.881
-0.31%
+1.53%
+8.88%
$ 1.06B
$ 6.02K
15
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 104.37
+0.06%
-2.95%
+6.52%
$ 1.06B
$ 6.24M
16
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.09919
-0.20%
-3.21%
-0.59%
$ 1.06B
$ 1.59M
17
MORPHO
MORPHO
MORPHO
$ 2.0275
-0.15%
-4.14%
-4.71%
$ 994.68M
$ 42.40K
18
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 4.1
0.00%
-1.73%
+3.27%
$ 969.01M
$ 9.86M
19
JUST
JUST
JST
$ 0.08988
+0.10%
+2.59%
+6.07%
$ 767.14M
$ 839.61K
20
Jupiter
Jupiter
JUP
$ 0.2281
+0.66%
-5.14%
+9.73%
$ 760.35M
$ 6.34M
21
B
B
B
$ 0.65079
+0.64%
+6.54%
+88.34%
$ 646.37M
$ 1.96M
22
Terra Classic
Terra Classic
LUNC
$ 0.00009685
-1.91%
-0.08%
+3.29%
$ 537.64M
$ 7.03B
23
PancakeSwap
PancakeSwap
CAKE
$ 1.522
+0.07%
-3.30%
-2.06%
$ 497.43M
$ 570.25K
24
SEI
SEI
SEI
$ 0.06946
+0.03%
-7.23%
+11.82%
$ 485.15M
$ 6.59M
25
Injective
Injective
INJ
$ 4.61
-0.69%
+3.19%
+17.44%
$ 462.57M
$ 1.46M
26
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.4724
+0.66%
-9.46%
+3.34%
$ 444.23M
$ 298.17K
27
tBTC
tBTC
TBTC
$ 80,138
-0.01%
-1.37%
+0.36%
$ 415.28M
$ 3.61M
28
Curve
Curve
CRV
$ 0.2753
+1.25%
+1.62%
+11.60%
$ 414.71M
$ 13.48M
29
TIA
TIA
TIA
$ 0.4334
-0.41%
-4.42%
+10.74%
$ 398.53M
$ 2.51M
30
SUN
SUN
SUN
$ 0.020436
-0.09%
-1.20%
+1.68%
$ 392.84M
$ 2.93M
31
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.4379
0.00%
-3.56%
+0.62%
$ 367.24M
$ 6.76M
32
Zebec Network
Zebec Network
ZBCN
$ 0.0035214
+1.33%
-4.50%
+5.43%
$ 353.28M
$ 131.61M
33
Pendle
Pendle
PENDLE
$ 2.001
-2.57%
+1.46%
+6.69%
$ 341.25M
$ 1.81M
34
Gnosis
Gnosis
GNO
$ 128.27
-0.10%
-3.28%
-3.05%
$ 338.49M
$ 688.18
35
Lido DAO
Lido DAO
LDO
$ 0.3896
+0.18%
-3.94%
-1.01%
$ 331.38M
$ 580.79K
36
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,405.41
+0.11%
-3.02%
-1.03%
$ 317.17M
$ 16.64K
37
Pyth Network
Pyth Network
PYTH
$ 0.05428
-0.17%
-7.53%
+1.76%
$ 312.74M
$ 5.09M
38
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 129.64
+0.09%
-2.21%
+6.71%
$ 297.34M
$ 1.78M
39
Maple Finance
Maple Finance
SYRUP
$ 0.24271
-0.06%
-3.86%
-0.67%
$ 289.79M
$ 256.02K
40
Olympus
Olympus
OHM
$ 18.92
-0.16%
-0.51%
-2.07%
$ 284.66M
$ 89.73K
41
MIOTAC
MIOTAC
IOTA
$ 0.06203
+0.27%
-4.47%
+5.21%
$ 275.30M
$ 1.56M
42
Telcoin
Telcoin
TEL
$ 0.00282
+2.53%
+27.07%
+34.99%
$ 268.34M
$ 167.27M
43
Staked USDai
Staked USDai
SUSDAI
$ 1.085
+0.09%
+0.10%
+0.18%
$ 258.49M
$ 4.56M
44
crvUSD
crvUSD
CRVUSD
$ 0.999716
+0.01%
-0.00%
-0.01%
$ 249.15M
$ 17.25M
45
Lido Earn ETH
Lido Earn ETH
EARNETH
$ 2,282.04
+0.25%
-2.87%
-0.78%
$ 247.24M
$ 9.67K
46
Compound
Compound
COMP
$ 23.53
-0.25%
-1.74%
+0.77%
$ 236.14M
$ 4.03K
47
Lighter
Lighter
LIT
$ 0.9358
-1.09%
-8.65%
-3.87%
$ 236.13M
$ 128.91K
48
JITO
JITO
JTO
$ 0.4835
+0.64%
-4.00%
+1.34%
$ 227.85M
$ 264.03K
49
Raydium
Raydium
RAY
$ 0.8106
+0.61%
-5.72%
-0.29%
$ 218.72M
$ 173.59K
50
ETHGAS
ETHGAS
GWEI
$ 0.12331
-2.94%
-3.38%
-4.73%
$ 216.90M
$ 159.34K

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.