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
$ 67.82
-0.87%
-0.37%
-6.68%
$ 17.27B
$ 51.40K
2
Lido Staked ETH
Lido Staked ETH
STETH
$ 1,732.58
-0.54%
+0.33%
-3.34%
$ 15.58B
$ 31.78
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,146.03
+0.13%
-0.14%
-3.27%
$ 7.80B
$ 4.18M
4
LAB
LAB
LAB
$ 16.59412
+5.50%
+26.56%
+34.55%
$ 5.22B
$ 89.83K
5
Chainlink
Chainlink
LINK
$ 7.914
-0.43%
-0.16%
-4.80%
$ 5.20B
$ 197.78K
6
UNISWAP
UNISWAP
UNI
$ 3.02
-0.56%
-0.43%
-8.88%
$ 1.88B
$ 81.29K
7
Aster
Aster
ASTER
$ 0.6348
-0.30%
-0.25%
-3.25%
$ 1.72B
$ 2.07M
8
Ondo
Ondo
ONDO
$ 0.33046
-0.28%
-1.99%
-10.81%
$ 1.61B
$ 1.81M
9
DEXE
DEXE
DEXE
$ 17.88
+0.52%
+28.04%
-2.41%
$ 1.51B
$ 14.40K
10
Sky Protocol
Sky Protocol
SKY
$ 0.05911
-0.39%
-1.04%
+2.98%
$ 1.38B
$ 1.03M
11
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.17
0.00%
+0.00%
0.00%
$ 1.29B
$ 1.45M
12
AaveToken
AaveToken
AAVE
$ 75.39
-0.38%
+1.21%
-1.20%
$ 1.16B
$ 4.89K
13
MORPHO
MORPHO
MORPHO
$ 1.8091
-0.32%
-0.70%
-7.23%
$ 908.88M
$ 43.91K
14
Ethena
Ethena
ENA
$ 0.09251
-2.06%
+2.89%
+4.61%
$ 857.53M
$ 13.68M
15
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.07938
-0.51%
-2.24%
+3.33%
$ 846.72M
$ 2.55M
16
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.49
-0.29%
-0.86%
-1.41%
$ 798.68M
$ 3.98M
17
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 81.13
0.00%
-1.96%
-2.04%
$ 751.97M
$ 522.68K
18
JUST
JUST
JST
$ 0.08357
+0.18%
-0.29%
+2.47%
$ 712.72M
$ 702.86K
19
Jupiter
Jupiter
JUP
$ 0.2083
-0.14%
-4.00%
+8.07%
$ 693.61M
$ 1.23M
20
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.5569
-0.06%
+2.51%
+14.77%
$ 518.04M
$ 427.90K
21
Injective
Injective
INJ
$ 4.884
+0.04%
-1.21%
-14.35%
$ 488.86M
$ 320.40K
22
PancakeSwap
PancakeSwap
CAKE
$ 1.363
-0.73%
-1.23%
-3.67%
$ 479.59M
$ 332.18K
23
Lighter
Lighter
LIT
$ 1.6213
-0.07%
+2.78%
-8.72%
$ 407.00M
$ 135.64K
24
SEI
SEI
SEI
$ 0.05467
-0.53%
-0.55%
-1.50%
$ 394.31M
$ 1.87M
25
Terra Classic
Terra Classic
LUNC
$ 0.00006627
-0.91%
-2.49%
-7.65%
$ 365.11M
$ 3.23B
26
TIA
TIA
TIA
$ 0.3914
-0.93%
+6.71%
+0.03%
$ 362.82M
$ 2.89M
27
SUN
SUN
SUN
$ 0.017446
-0.13%
+0.99%
+3.27%
$ 335.14M
$ 9.22M
28
JITO
JITO
JTO
$ 0.6633
+0.42%
-1.40%
-16.50%
$ 323.78M
$ 361.44K
29
tBTC
tBTC
TBTC
$ 64,213
-0.01%
+0.20%
-2.19%
$ 319.28M
$ 3.36M
30
Curve
Curve
CRV
$ 0.2095
-0.48%
-0.99%
-12.98%
$ 317.15M
$ 2.33M
31
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.3487
-0.60%
+1.69%
+1.69%
$ 307.70M
$ 6.13M
32
Staked USDai
Staked USDai
SUSDAI
$ 1.092
0.00%
+0.01%
+0.18%
$ 293.09M
$ 831.33K
33
Pyth Network
Pyth Network
PYTH
$ 0.03705
-0.99%
+1.17%
-6.90%
$ 292.24M
$ 12.13M
34
Gnosis
Gnosis
GNO
$ 106.9
+0.01%
-1.31%
+0.26%
$ 282.03M
$ 581.94
35
Telcoin
Telcoin
TEL
$ 0.002821
-4.52%
+19.38%
+10.43%
$ 271.70M
$ 115.40M
36
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 1,847.01
+0.05%
-0.06%
-2.96%
$ 249.62M
$ 203.86K
37
Zebec Network
Zebec Network
ZBCN
$ 0.0024393
-0.27%
+0.01%
-8.43%
$ 244.49M
$ 45.62M
38
Olympus
Olympus
OHM
$ 15.85
+0.13%
+0.59%
-2.04%
$ 237.10M
$ 183.92K
39
B
B
B
$ 0.23664
-0.41%
+7.26%
-1.70%
$ 236.70M
$ 552.67K
40
Pendle
Pendle
PENDLE
$ 1.369
-1.01%
-4.57%
-1.71%
$ 235.29M
$ 434.22K
41
Lido DAO
Lido DAO
LDO
$ 0.2726
-0.76%
-0.83%
-2.01%
$ 230.43M
$ 573.53K
42
ETHGAS
ETHGAS
GWEI
$ 0.11943
-2.45%
+19.00%
-5.78%
$ 210.86M
$ 488.87K
43
Velvet
Velvet
VELVET
$ 0.5006
+5.64%
-0.62%
+8.45%
$ 208.30M
$ 2.14M
44
crvUSD
crvUSD
CRVUSD
$ 0.998652
-0.02%
-0.04%
-0.07%
$ 206.56M
$ 17.95M
45
Falcon Finance
Falcon Finance
FF
$ 0.06963
-0.24%
-2.01%
-6.62%
$ 200.22M
$ 1.11M
46
MIOTAC
MIOTAC
IOTA
$ 0.04416
-0.63%
-1.76%
-8.80%
$ 197.65M
$ 1.39M
47
Bitway
Bitway
BTW
$ 0.08889
-3.38%
+1.59%
+43.83%
$ 191.97M
$ 47.47M
48
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 100.48
-0.46%
-1.98%
-2.11%
$ 181.25M
$ 838.31K
49
Compound
Compound
COMP
$ 18.02
-0.11%
-1.15%
+0.90%
$ 179.96M
$ 4.29K
50
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.11
0.00%
-0.01%
0.00%
$ 169.54M
$ 512.16K

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.