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
$ 1,897.24
-0.17%
-0.69%
+0.47%
$ 17.09B
$ 31.57
2
Hyperliquid
Hyperliquid
HYPE
$ 55.08
-0.09%
-0.72%
-7.56%
$ 13.98B
$ 37.62K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,360.97
+0.04%
+0.02%
+0.52%
$ 8.65B
$ 2.40M
4
Chainlink
Chainlink
LINK
$ 8.281
-0.12%
-0.68%
-1.98%
$ 5.46B
$ 54.37K
5
UNISWAP
UNISWAP
UNI
$ 4.013
+0.20%
+3.66%
+7.20%
$ 2.52B
$ 82.98K
6
Ondo
Ondo
ONDO
$ 0.39632
+0.25%
-2.30%
-0.53%
$ 1.95B
$ 1.11M
7
Aster
Aster
ASTER
$ 0.6044
+0.02%
-2.37%
-2.84%
$ 1.63B
$ 1.39M
8
AaveToken
AaveToken
AAVE
$ 98.13
+0.33%
-1.24%
+2.87%
$ 1.52B
$ 3.26K
9
Sky Protocol
Sky Protocol
SKY
$ 0.05812
-0.10%
+2.35%
-5.47%
$ 1.35B
$ 1.01M
10
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
0.00%
+0.85%
$ 1.05B
$ 1.24M
11
MORPHO
MORPHO
MORPHO
$ 1.9926
-0.27%
+0.08%
+1.23%
$ 999.43M
$ 32.22K
12
JUST
JUST
JST
$ 0.09991
-0.28%
-0.78%
-0.65%
$ 853.18M
$ 675.96K
13
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.58
-0.28%
+0.01%
-1.92%
$ 804.36M
$ 2.51M
14
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.07211
-0.19%
-2.17%
-6.13%
$ 767.62M
$ 1.91M
15
Ethena
Ethena
ENA
$ 0.0804
-0.09%
-5.73%
-9.96%
$ 750.28M
$ 7.53M
16
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 82.21
-0.58%
+0.01%
-4.06%
$ 745.40M
$ 339.97K
17
Jupiter
Jupiter
JUP
$ 0.1941
-0.31%
+2.42%
+1.35%
$ 646.13M
$ 1.25M
18
Lighter
Lighter
LIT
$ 2.2753
+0.51%
+1.13%
+1.09%
$ 568.05M
$ 209.83K
19
PancakeSwap
PancakeSwap
CAKE
$ 1.373
-0.36%
-0.22%
-0.65%
$ 483.46M
$ 303.65K
20
Injective
Injective
INJ
$ 4.556
-0.04%
-1.59%
-10.66%
$ 458.47M
$ 278.66K
21
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.4175
-0.41%
-5.69%
-1.60%
$ 397.82M
$ 175.00K
22
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.4004
+0.22%
-4.44%
-12.20%
$ 354.38M
$ 6.17M
23
SUN
SUN
SUN
$ 0.017846
-0.11%
+0.78%
-2.84%
$ 342.93M
$ 8.97M
24
Staked USDai
Staked USDai
SUSDAI
$ 1.1
0.00%
0.00%
+0.09%
$ 329.43M
$ 2.70M
25
Pyth Network
Pyth Network
PYTH
$ 0.04037
-0.02%
-5.05%
-13.68%
$ 319.65M
$ 8.43M
26
Curve
Curve
CRV
$ 0.2093
-0.14%
-2.24%
-0.80%
$ 317.90M
$ 1.53M
27
tBTC
tBTC
TBTC
$ 64,098
-0.17%
+0.02%
-0.97%
$ 308.76M
$ 2.70M
28
Lido DAO
Lido DAO
LDO
$ 0.3597
-0.36%
-3.89%
-8.12%
$ 304.18M
$ 370.48K
29
SEI
SEI
SEI
$ 0.04185
-0.31%
-2.89%
-8.35%
$ 303.29M
$ 1.54M
30
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,024.32
-0.36%
+0.02%
+0.18%
$ 297.97M
$ 3.71K
31
TIA
TIA
TIA
$ 0.3163
-0.25%
-5.04%
-9.72%
$ 291.43M
$ 844.81K
32
Gnosis
Gnosis
GNO
$ 106.62
-0.33%
-0.82%
-2.26%
$ 281.69M
$ 531.16
33
Terra Classic
Terra Classic
LUNC
$ 0.0000502
+0.40%
-0.14%
-10.02%
$ 278.33M
$ 2.45B
34
Olympus
Olympus
OHM
$ 18.46
+0.22%
-0.01%
-0.75%
$ 275.75M
$ 252.89K
35
JITO
JITO
JTO
$ 0.5443
-0.55%
-3.11%
-15.64%
$ 262.30M
$ 134.34K
36
Pendle
Pendle
PENDLE
$ 1.428
-0.62%
-3.88%
-8.25%
$ 245.20M
$ 169.18K
37
Staked Aave
Staked Aave
STKAAVE
$ 98.95
+0.20%
+0.02%
+3.84%
$ 231.86M
$ 4.33K
38
DEXE
DEXE
DEXE
$ 2.765
-0.51%
-14.99%
-0.07%
$ 229.43M
$ 264.11K
39
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.12
0.00%
0.00%
0.00%
$ 213.38M
$ 130.09K
40
crvUSD
crvUSD
CRVUSD
$ 0.999052
+0.03%
0.00%
-0.06%
$ 211.42M
$ 9.16M
41
Maple Finance
Maple Finance
SYRUP
$ 0.16393
+0.43%
+0.20%
-7.34%
$ 198.52M
$ 347.92K
42
Lorenzo Protocol
Lorenzo Protocol
BANK
$ 0.17337
-7.58%
-47.77%
-32.94%
$ 198.51M
$ 24.27M
43
Falcon Finance
Falcon Finance
FF
$ 0.06833
-0.87%
+5.78%
+13.42%
$ 196.13M
$ 1.55M
44
Velvet
Velvet
VELVET
$ 0.44399
+6.95%
+9.65%
-10.97%
$ 189.14M
$ 460.11K
45
Zebec Network
Zebec Network
ZBCN
$ 0.0018004
-0.14%
+0.42%
-6.55%
$ 180.22M
$ 118.85M
46
Bitway
Bitway
BTW
$ 0.077985
-0.71%
-0.46%
+20.44%
$ 173.71M
$ 13.04M
47
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 102.45
+0.13%
+0.01%
-3.58%
$ 173.61M
$ 654.89K
48
BUILDon
BUILDon
B
$ 0.16716
-0.30%
-1.56%
-2.00%
$ 166.45M
$ 944.32K
49
Telcoin
Telcoin
TEL
$ 0.001711
+0.23%
-1.66%
-4.97%
$ 165.25M
$ 55.82M
50
Compound
Compound
COMP
$ 16.24
+0.25%
-2.57%
-7.39%
$ 162.90M
$ 3.38K

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.