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
$ 2,283.95
-0.23%
-1.90%
-1.90%
$ 20.20B
$ 25.84
2
Hyperliquid
Hyperliquid
HYPE
$ 42.52
+0.26%
-0.91%
-0.91%
$ 10.88B
$ 14.71K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,823.19
+0.15%
-1.90%
+0.15%
$ 9.57B
--
4
Chainlink
Chainlink
LINK
$ 9.926
+0.22%
-1.16%
-1.16%
$ 6.53B
$ 43.29K
5
Dai
Dai
DAI
$ 0.999678
-0.01%
+0.04%
-0.01%
$ 4.40B
--
6
UNISWAP
UNISWAP
UNI
$ 3.479
+0.17%
0.00%
0.00%
$ 2.23B
$ 135.06K
7
Ondo
Ondo
ONDO
$ 0.39826
-0.20%
+6.00%
+6.00%
$ 1.94B
$ 5.17M
8
Sky Protocol
Sky Protocol
SKY
$ 0.08063
+0.43%
+0.10%
+0.10%
$ 1.88B
$ 723.65K
9
Aster
Aster
ASTER
$ 0.6608
-0.09%
-1.63%
-1.63%
$ 1.72B
$ 2.67M
10
AaveToken
AaveToken
AAVE
$ 92.36
+0.03%
-1.75%
-1.75%
$ 1.43B
$ 3.20K
11
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.16
0.00%
+0.01%
0.00%
$ 1.23B
--
12
Ethena
Ethena
ENA
$ 0.12361
+0.77%
-0.85%
-0.85%
$ 1.11B
$ 7.33M
13
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.101
-0.46%
+1.84%
+1.84%
$ 1.08B
$ 1.65M
14
MORPHO
MORPHO
MORPHO
$ 2.0836
+0.22%
-2.07%
-2.07%
$ 1.02B
$ 129.32K
15
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 98.59
+0.62%
-0.25%
+0.62%
$ 985.10M
--
16
DEXE
DEXE
DEXE
$ 11.596
-0.94%
+0.75%
+0.75%
$ 984.12M
$ 24.68K
17
LAB
LAB
LAB
$ 4.27331
-5.93%
+11.90%
+11.90%
$ 951.34M
$ 870.91K
18
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.98
+0.25%
-0.42%
+0.25%
$ 940.59M
--
19
JUST
JUST
JST
$ 0.08383
+0.05%
-0.78%
-0.78%
$ 717.59M
$ 1.60M
20
Jupiter
Jupiter
JUP
$ 0.2123
+0.52%
+1.15%
+1.15%
$ 701.24M
$ 9.04M
21
Terra Classic
Terra Classic
LUNC
$ 0.00009619
+3.48%
+3.36%
+3.36%
$ 537.91M
$ 13.44B
22
PancakeSwap
PancakeSwap
CAKE
$ 1.527
+0.26%
-1.22%
-1.22%
$ 502.61M
$ 694.23K
23
SEI
SEI
SEI
$ 0.06172
-0.18%
+0.14%
+0.14%
$ 434.51M
$ 3.15M
24
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.4481
+0.51%
-1.50%
-1.50%
$ 423.65M
$ 198.33K
25
tBTC
tBTC
TBTC
$ 79,980
+0.17%
-1.38%
+0.17%
$ 418.35M
--
26
Injective
Injective
INJ
$ 4.117
+0.44%
+3.73%
+3.73%
$ 408.58M
$ 487.43K
27
SUN
SUN
SUN
$ 0.020146
-0.14%
+0.13%
+0.13%
$ 386.82M
$ 3.44M
28
TIA
TIA
TIA
$ 0.416
-0.46%
+4.46%
+4.46%
$ 375.22M
$ 3.19M
29
Curve
Curve
CRV
$ 0.2461
-0.20%
-0.53%
-0.53%
$ 369.36M
$ 2.32M
30
B
B
B
$ 0.37558
+2.43%
+7.41%
+7.41%
$ 368.61M
$ 2.18M
31
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.4309
+0.05%
-0.09%
-0.09%
$ 364.65M
$ 3.70M
32
Pendle
Pendle
PENDLE
$ 2.076
+1.38%
+9.13%
+9.13%
$ 348.90M
$ 1.04M
33
Gnosis
Gnosis
GNO
$ 130.67
-0.46%
-1.22%
-1.22%
$ 344.88M
$ 641.44
34
Lido DAO
Lido DAO
LDO
$ 0.3976
+1.39%
+1.85%
+1.85%
$ 340.98M
$ 613.98K
35
Zebec Network
Zebec Network
ZBCN
$ 0.0032459
+0.81%
-3.19%
-3.19%
$ 324.38M
$ 150.43M
36
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,429.61
-0.03%
-2.06%
-0.03%
$ 320.48M
--
37
Pyth Network
Pyth Network
PYTH
$ 0.05425
-0.25%
+3.11%
+3.11%
$ 316.88M
$ 7.53M
38
Maple Finance
Maple Finance
SYRUP
$ 0.24552
+0.72%
+1.75%
+1.75%
$ 296.86M
$ 287.05K
39
Olympus
Olympus
OHM
$ 19.31
-0.05%
-0.18%
-0.05%
$ 288.94M
--
40
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 121.97
+0.40%
-0.21%
+0.40%
$ 282.59M
--
41
MIOTAC
MIOTAC
IOTA
$ 0.05829
-0.09%
-0.88%
-0.88%
$ 259.18M
$ 1.27M
42
JITO
JITO
JTO
$ 0.5517
-2.01%
+15.06%
+15.06%
$ 257.78M
$ 1.79M
43
crvUSD
crvUSD
CRVUSD
$ 0.999863
0.00%
+0.03%
0.00%
$ 255.27M
--
44
Lighter
Lighter
LIT
$ 1.0167
-1.69%
+3.30%
+3.30%
$ 253.73M
$ 147.99K
45
Staked USDai
Staked USDai
SUSDAI
$ 1.081
-0.18%
+0.01%
-0.18%
$ 250.52M
--
46
Lido Earn ETH
Lido Earn ETH
EARNETH
$ 2,295.63
-0.19%
-2.13%
-0.19%
$ 248.71M
--
47
ETHGAS
ETHGAS
GWEI
$ 0.1365
-0.04%
+4.15%
+4.15%
$ 237.13M
$ 176.01K
48
Raydium
Raydium
RAY
$ 0.8125
-0.02%
-0.10%
-0.10%
$ 219.16M
$ 127.67K
49
Compound
Compound
COMP
$ 21.83
+0.37%
-6.98%
-6.98%
$ 217.98M
$ 4.06K
50
THORChain
THORChain
RUNE
$ 0.5914
+2.12%
+8.29%
+8.29%
$ 212.77M
$ 1.73M

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.