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
$ 2,141.61
-0.38%
+0.32%
-3.76%
$ 18.98B
$ 26.24
2
Hyperliquid
Hyperliquid
HYPE
$ 58.87
+0.27%
+12.83%
+32.50%
$ 15.11B
$ 176.68K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,638.93
-0.59%
+0.32%
-4.13%
$ 8.99B
$ 5.30M
4
Chainlink
Chainlink
LINK
$ 9.803
+0.10%
+1.46%
-2.78%
$ 6.44B
$ 209.97K
5
UNISWAP
UNISWAP
UNI
$ 3.611
+0.61%
-0.22%
+0.08%
$ 2.30B
$ 76.31K
6
Ondo
Ondo
ONDO
$ 0.42211
+0.04%
+5.92%
+15.48%
$ 2.07B
$ 4.74M
7
Aster
Aster
ASTER
$ 0.704
-0.61%
+1.65%
+5.22%
$ 1.83B
$ 9.49M
8
Sky Protocol
Sky Protocol
SKY
$ 0.07163
-0.15%
+1.97%
+1.37%
$ 1.66B
$ 971.25K
9
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.16
0.00%
-0.00%
0.00%
$ 1.40B
$ 1.04M
10
AaveToken
AaveToken
AAVE
$ 89.29
+0.02%
+0.35%
-4.04%
$ 1.38B
$ 2.76K
11
LAB
LAB
LAB
$ 4.38694
-0.83%
-8.11%
+11.10%
$ 1.37B
$ 123.26K
12
DEXE
DEXE
DEXE
$ 14.482
+1.25%
+4.21%
+10.50%
$ 1.21B
$ 5.95K
13
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.09127
-0.09%
+0.41%
+0.37%
$ 971.42M
$ 2.02M
14
Ethena
Ethena
ENA
$ 0.10731
+0.92%
+0.87%
-4.27%
$ 971.26M
$ 3.72M
15
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 97.51
-0.21%
+1.47%
-1.83%
$ 966.56M
$ 1.32M
16
MORPHO
MORPHO
MORPHO
$ 1.9874
+0.10%
+3.85%
+7.45%
$ 966.09M
$ 50.15K
17
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.94
0.00%
+0.81%
-1.25%
$ 920.49M
$ 10.27M
18
JUST
JUST
JST
$ 0.0919
-0.02%
-2.46%
+0.65%
$ 784.15M
$ 1.21M
19
Jupiter
Jupiter
JUP
$ 0.2136
+0.33%
+0.95%
+1.09%
$ 707.89M
$ 1.03M
20
Injective
Injective
INJ
$ 5.21
+2.50%
+6.42%
+7.86%
$ 533.64M
$ 720.48K
21
PancakeSwap
PancakeSwap
CAKE
$ 1.456
-0.14%
-0.41%
-2.87%
$ 474.70M
$ 374.97K
22
SEI
SEI
SEI
$ 0.06351
+0.48%
+2.97%
-1.03%
$ 449.86M
$ 2.46M
23
Terra Classic
Terra Classic
LUNC
$ 0.00007817
-0.06%
+2.27%
+1.89%
$ 432.10M
$ 4.65B
24
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.4473
+1.43%
+6.29%
-0.27%
$ 419.97M
$ 290.19K
25
TIA
TIA
TIA
$ 0.4241
+0.74%
+1.10%
-1.28%
$ 389.68M
$ 2.27M
26
SUN
SUN
SUN
$ 0.020161
-0.10%
+0.38%
+2.64%
$ 387.45M
$ 8.19M
27
tBTC
tBTC
TBTC
$ 77,563
-0.35%
+0.44%
-1.78%
$ 375.78M
$ 5.04M
28
Curve
Curve
CRV
$ 0.2405
+0.75%
+0.75%
-6.05%
$ 363.24M
$ 2.57M
29
Pyth Network
Pyth Network
PYTH
$ 0.0435
+1.59%
+2.93%
-6.48%
$ 343.11M
$ 9.70M
30
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.3877
+0.39%
+0.08%
-7.34%
$ 341.35M
$ 2.16M
31
Lighter
Lighter
LIT
$ 1.3074
+0.06%
+9.80%
+49.63%
$ 327.25M
$ 510.07K
32
Pendle
Pendle
PENDLE
$ 1.895
+1.06%
-0.10%
-5.22%
$ 324.87M
$ 658.71K
33
Gnosis
Gnosis
GNO
$ 119.23
-0.15%
-0.38%
-5.18%
$ 314.34M
$ 654.12
34
Zebec Network
Zebec Network
ZBCN
$ 0.0030916
-0.20%
+2.13%
-10.10%
$ 309.30M
$ 81.35M
35
Telcoin
Telcoin
TEL
$ 0.003215
+0.98%
+2.40%
-1.26%
$ 308.01M
$ 45.30M
36
Lido DAO
Lido DAO
LDO
$ 0.3612
+0.25%
-0.58%
-1.34%
$ 306.59M
$ 264.40K
37
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,236.19
-0.97%
-0.63%
-5.23%
$ 303.34M
$ 2.27M
38
B
B
B
$ 0.30234
-0.84%
-19.20%
-32.57%
$ 302.64M
$ 3.85M
39
Staked USDai
Staked USDai
SUSDAI
$ 1.086
-0.09%
+0.13%
+0.09%
$ 285.83M
$ 2.34M
40
Olympus
Olympus
OHM
$ 18.95
-0.47%
-0.27%
-1.40%
$ 283.86M
$ 52.87K
41
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 120.8
-0.16%
+1.47%
-1.85%
$ 275.90M
$ 1.43M
42
MIOTAC
MIOTAC
IOTA
$ 0.0579
+0.38%
+2.96%
-1.05%
$ 256.80M
$ 1.34M
43
JITO
JITO
JTO
$ 0.5324
+3.76%
+5.41%
+16.72%
$ 254.97M
$ 705.22K
44
Maple Finance
Maple Finance
SYRUP
$ 0.20675
-0.15%
-2.35%
-7.91%
$ 246.95M
$ 352.78K
45
Compound
Compound
COMP
$ 22.91
+0.31%
+0.88%
+3.52%
$ 228.56M
$ 3.40K
46
crvUSD
crvUSD
CRVUSD
$ 0.999343
-0.02%
+0.06%
-0.03%
$ 223.63M
$ 14.70M
47
Block Street
Block Street
BSB
$ 1.05848
+1.17%
-3.89%
+154.44%
$ 216.46M
$ 5.60M
48
Raydium
Raydium
RAY
$ 0.776
+0.04%
+0.25%
+4.37%
$ 208.86M
$ 95.93K
49
Falcon Finance
Falcon Finance
FF
$ 0.08942
-0.01%
+0.04%
+2.28%
$ 208.10M
$ 1.32M
50
ETHGAS
ETHGAS
GWEI
$ 0.11613
+0.43%
-11.36%
-25.84%
$ 205.42M
$ 970.47K

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.