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
$ 68.14
+2.81%
+1.12%
-5.58%
$ 17.55B
$ 50.75K
2
Lido Staked ETH
Lido Staked ETH
STETH
$ 1,733.01
+0.78%
+0.66%
-2.69%
$ 15.71B
$ 31.88
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,157.5
+0.32%
+0.96%
-2.65%
$ 7.85B
$ 2.01M
4
Chainlink
Chainlink
LINK
$ 7.909
+0.62%
+0.21%
-3.69%
$ 5.24B
$ 186.00K
5
LAB
LAB
LAB
$ 16.75204
+0.43%
+14.31%
+21.90%
$ 4.76B
$ 87.54K
6
UNISWAP
UNISWAP
UNI
$ 3.01
+1.10%
-0.07%
-4.06%
$ 1.89B
$ 79.85K
7
Aster
Aster
ASTER
$ 0.6369
+0.42%
+0.17%
-1.88%
$ 1.73B
$ 1.96M
8
Ondo
Ondo
ONDO
$ 0.33099
+0.94%
-1.99%
-9.40%
$ 1.62B
$ 1.82M
9
DEXE
DEXE
DEXE
$ 18.046
+0.23%
+28.68%
-1.35%
$ 1.52B
$ 13.91K
10
Sky Protocol
Sky Protocol
SKY
$ 0.05911
+0.05%
-0.38%
+3.98%
$ 1.39B
$ 1.04M
11
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.17
0.00%
+0.09%
0.00%
$ 1.29B
$ 2.14M
12
AaveToken
AaveToken
AAVE
$ 75.48
+0.94%
+1.93%
-0.20%
$ 1.17B
$ 4.89K
13
MORPHO
MORPHO
MORPHO
$ 1.8093
-0.16%
-0.35%
-6.30%
$ 916.36M
$ 43.87K
14
Ethena
Ethena
ENA
$ 0.09254
+0.79%
+4.72%
+9.76%
$ 880.12M
$ 13.31M
15
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.07931
-0.42%
-1.37%
+4.24%
$ 853.76M
$ 2.53M
16
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.52
+0.28%
-0.47%
-0.28%
$ 804.04M
$ 3.95M
17
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 81.76
+0.07%
-1.45%
-1.02%
$ 759.82M
$ 516.39K
18
JUST
JUST
JST
$ 0.08333
+0.37%
-0.29%
+1.49%
$ 711.27M
$ 701.96K
19
Jupiter
Jupiter
JUP
$ 0.2085
+1.02%
-3.64%
+8.97%
$ 693.61M
$ 1.26M
20
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.5404
+1.25%
+1.36%
+18.76%
$ 518.13M
$ 497.23K
21
Injective
Injective
INJ
$ 4.87
+1.24%
-1.29%
-14.10%
$ 490.26M
$ 323.86K
22
PancakeSwap
PancakeSwap
CAKE
$ 1.363
+0.36%
-0.58%
-2.13%
$ 484.16M
$ 299.59K
23
Lighter
Lighter
LIT
$ 1.6303
+0.18%
+0.64%
-9.97%
$ 402.73M
$ 135.46K
24
SEI
SEI
SEI
$ 0.05462
+0.93%
+0.46%
+2.00%
$ 398.20M
$ 1.87M
25
TIA
TIA
TIA
$ 0.3939
+0.37%
+8.36%
+5.72%
$ 370.73M
$ 2.75M
26
Terra Classic
Terra Classic
LUNC
$ 0.00006618
+0.48%
-1.65%
-5.67%
$ 369.09M
$ 3.28B
27
SUN
SUN
SUN
$ 0.017424
+0.13%
+1.22%
+3.59%
$ 335.91M
$ 8.97M
28
JITO
JITO
JTO
$ 0.6708
+2.33%
-2.84%
-16.38%
$ 324.26M
$ 363.74K
29
tBTC
tBTC
TBTC
$ 64,585
+0.16%
+0.63%
-1.47%
$ 321.22M
$ 3.28M
30
Curve
Curve
CRV
$ 0.2091
+0.09%
-0.19%
-11.85%
$ 320.33M
$ 2.31M
31
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.3491
+0.60%
+1.04%
+2.45%
$ 308.85M
$ 6.15M
32
Pyth Network
Pyth Network
PYTH
$ 0.03714
+1.52%
+1.65%
-5.24%
$ 295.08M
$ 12.10M
33
Staked USDai
Staked USDai
SUSDAI
$ 1.092
0.00%
+0.01%
+0.18%
$ 292.93M
$ 644.05K
34
Gnosis
Gnosis
GNO
$ 106.67
-0.18%
-1.89%
+0.66%
$ 282.43M
$ 576.69
35
Telcoin
Telcoin
TEL
$ 0.002835
+11.30%
+13.66%
+5.00%
$ 258.25M
$ 62.50M
36
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 1,860.23
+0.27%
+0.89%
-2.42%
$ 251.10M
$ 205.27K
37
Zebec Network
Zebec Network
ZBCN
$ 0.0024422
+0.60%
+1.25%
-7.83%
$ 246.84M
$ 43.31M
38
Pendle
Pendle
PENDLE
$ 1.378
+1.38%
-4.05%
+0.29%
$ 238.71M
$ 429.48K
39
Olympus
Olympus
OHM
$ 15.96
+0.31%
+0.59%
-1.05%
$ 238.49M
$ 183.06K
40
B
B
B
$ 0.23682
+0.48%
+7.75%
-1.06%
$ 238.30M
$ 549.62K
41
Lido DAO
Lido DAO
LDO
$ 0.2729
+0.98%
-0.57%
-0.32%
$ 233.38M
$ 565.24K
42
ETHGAS
ETHGAS
GWEI
$ 0.12007
+0.78%
+21.20%
-3.13%
$ 215.23M
$ 466.69K
43
crvUSD
crvUSD
CRVUSD
$ 0.999007
0.00%
-0.01%
-0.07%
$ 206.60M
$ 16.35M
44
Falcon Finance
Falcon Finance
FF
$ 0.06965
-0.09%
-1.73%
-5.79%
$ 200.73M
$ 1.11M
45
MIOTAC
MIOTAC
IOTA
$ 0.04402
+0.27%
-0.91%
-7.56%
$ 199.85M
$ 1.39M
46
Bitway
Bitway
BTW
$ 0.088977
-0.29%
+2.52%
+45.64%
$ 198.45M
$ 51.14M
47
Velvet
Velvet
VELVET
$ 0.4966
+1.12%
-8.00%
+4.01%
$ 193.38M
$ 1.95M
48
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 101.81
+0.28%
-1.19%
-0.38%
$ 183.54M
$ 717.46K
49
Compound
Compound
COMP
$ 18.02
-0.11%
-0.66%
+2.84%
$ 181.06M
$ 4.26K
50
Raydium
Raydium
RAY
$ 0.6254
+0.64%
-1.19%
+1.32%
$ 169.97M
$ 116.16K

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.