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
Hyperliquid
Hyperliquid
HYPE
$ 60.91
-1.45%
+2.50%
-2.65%
$ 15.36B
$ 45.01K
2
Lido Staked ETH
Lido Staked ETH
STETH
$ 1,675.09
-0.13%
-0.46%
-0.64%
$ 14.91B
$ 35.32
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,064.14
-0.26%
-0.23%
-1.40%
$ 7.39B
$ 2.25M
4
Chainlink
Chainlink
LINK
$ 7.922
-0.42%
-1.00%
-0.74%
$ 5.20B
$ 56.35K
5
LAB
LAB
LAB
$ 9.86993
+1.25%
+5.02%
-22.15%
$ 3.11B
$ 70.38K
6
Ondo
Ondo
ONDO
$ 0.35527
-1.13%
-3.02%
-2.05%
$ 1.74B
$ 1.96M
7
Aster
Aster
ASTER
$ 0.6285
-0.32%
-0.86%
-0.02%
$ 1.70B
$ 1.51M
8
UNISWAP
UNISWAP
UNI
$ 2.521
-0.47%
-0.94%
-0.79%
$ 1.57B
$ 65.22K
9
DEXE
DEXE
DEXE
$ 17.821
+1.12%
+1.86%
-21.76%
$ 1.51B
$ 7.96K
10
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.17
0.00%
-0.01%
0.00%
$ 1.33B
$ 927.20K
11
Sky Protocol
Sky Protocol
SKY
$ 0.05679
-0.11%
+0.55%
-2.70%
$ 1.32B
$ 1.07M
12
AaveToken
AaveToken
AAVE
$ 65.99
-0.80%
-1.38%
+2.54%
$ 1.02B
$ 3.20K
13
MORPHO
MORPHO
MORPHO
$ 1.9467
-0.01%
-0.58%
+5.77%
$ 978.14M
$ 35.55K
14
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.0754
-0.13%
+0.33%
-7.43%
$ 801.16M
$ 1.75M
15
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.39
0.00%
+0.75%
+1.19%
$ 768.27M
$ 2.24M
16
Ethena
Ethena
ENA
$ 0.0824
-0.76%
-1.06%
-5.66%
$ 765.62M
$ 6.09M
17
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 76.12
-0.01%
+1.15%
+1.94%
$ 749.52M
$ 612.32K
18
JUST
JUST
JST
$ 0.07574
+0.47%
-1.06%
-4.68%
$ 644.03M
$ 1.02M
19
Jupiter
Jupiter
JUP
$ 0.1702
-0.53%
-1.96%
+6.18%
$ 565.12M
$ 1.10M
20
Injective
Injective
INJ
$ 5.108
-0.89%
-2.87%
-10.20%
$ 510.65M
$ 247.75K
21
PancakeSwap
PancakeSwap
CAKE
$ 1.349
-0.30%
+0.37%
+2.58%
$ 475.36M
$ 354.83K
22
Lighter
Lighter
LIT
$ 1.598
-0.54%
-0.08%
+4.86%
$ 397.83M
$ 88.46K
23
Terra Classic
Terra Classic
LUNC
$ 0.00007171
-0.55%
-1.98%
+1.87%
$ 396.15M
$ 2.62B
24
SEI
SEI
SEI
$ 0.05316
-1.17%
-2.26%
+6.04%
$ 377.76M
$ 3.73M
25
Curve
Curve
CRV
$ 0.2325
-0.30%
-2.60%
+15.11%
$ 352.28M
$ 2.32M
26
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.3575
-0.75%
-2.06%
+4.63%
$ 340.46M
$ 246.50K
27
SUN
SUN
SUN
$ 0.016833
+0.21%
-0.50%
-4.16%
$ 323.95M
$ 7.54M
28
tBTC
tBTC
TBTC
$ 64,652
+0.01%
+1.31%
+1.58%
$ 323.35M
$ 949.56K
29
TIA
TIA
TIA
$ 0.337
-0.59%
-1.00%
+4.34%
$ 309.93M
$ 1.40M
30
Pyth Network
Pyth Network
PYTH
$ 0.03927
+0.39%
+0.36%
+21.10%
$ 305.94M
$ 17.21M
31
ETHGAS
ETHGAS
GWEI
$ 0.16763
+0.92%
-6.74%
+13.90%
$ 300.20M
$ 478.99K
32
Staked USDai
Staked USDai
SUSDAI
$ 1.09
0.00%
-0.00%
0.00%
$ 290.48M
$ 749.09K
33
Gnosis
Gnosis
GNO
$ 108.98
+0.02%
+3.31%
+13.58%
$ 289.82M
$ 534.34
34
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.3136
-0.60%
-1.19%
+3.11%
$ 277.15M
$ 3.80M
35
JITO
JITO
JTO
$ 0.5387
-2.14%
-1.74%
-14.53%
$ 258.47M
$ 385.59K
36
Zebec Network
Zebec Network
ZBCN
$ 0.0025711
-0.14%
-0.98%
-2.09%
$ 256.10M
$ 41.04M
37
Olympus
Olympus
OHM
$ 16.3
-0.18%
-1.38%
-5.29%
$ 244.07M
$ 16.12K
38
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 1,772.67
-0.01%
-0.00%
+2.28%
$ 240.17M
$ 2.49
39
B
B
B
$ 0.23437
-0.12%
+1.94%
-19.15%
$ 236.15M
$ 624.42K
40
Telcoin
Telcoin
TEL
$ 0.002414
+0.25%
+2.32%
-3.00%
$ 233.36M
$ 36.65M
41
Pendle
Pendle
PENDLE
$ 1.334
-0.37%
+0.98%
+3.97%
$ 228.11M
$ 358.32K
42
Lido DAO
Lido DAO
LDO
$ 0.2612
-0.61%
-0.72%
-4.32%
$ 220.32M
$ 401.95K
43
Falcon Finance
Falcon Finance
FF
$ 0.07284
-0.18%
-6.97%
-20.82%
$ 208.78M
$ 1.21M
44
MIOTAC
MIOTAC
IOTA
$ 0.04637
-0.41%
-1.45%
-5.07%
$ 206.77M
$ 1.28M
45
Bitway
Bitway
BTW
$ 0.090679
+0.58%
+20.99%
+44.13%
$ 196.26M
$ 6.16M
46
crvUSD
crvUSD
CRVUSD
$ 0.99941
-0.01%
-0.00%
-0.06%
$ 193.41M
$ 3.25M
47
Velvet
Velvet
VELVET
$ 0.42697
-18.79%
+12.79%
+25.49%
$ 178.03M
$ 10.31M
48
Compound
Compound
COMP
$ 17.53
-0.40%
-0.85%
+3.07%
$ 174.56M
$ 4.28K
49
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 94.3
-0.16%
+1.14%
+1.86%
$ 170.39M
$ 286.66K
50
Stargate Finance
Stargate Finance
STG
$ 0.2589
+1.90%
-38.89%
+1.26%
$ 170.00M
$ 1.56M

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.