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

Zebec Network

ZBCN

$ 0.0018732

+0.06%

+1.23%

-5.31%

$ 189.04M

$ 105.53M

Convex Finance

CVX

$ 1.873

+0.38%

+2.97%

-8.50%

$ 187.27M

$ 40.61K

JITO

JTO

$ 0.3433

+0.29%

+5.20%

-6.56%

$ 186.91M

$ 181.76K

Coinbase Wrapped XRP

CBXRP

$ 1.18

+0.85%

-0.03%

-5.60%

$ 179.67M

$ 4.18M

MIOTAC

IOTA

$ 0.03725

-0.19%

-0.27%

-5.70%

$ 177.44M

$ 1.68M

WeFi

WFI

$ 2.0293

-0.01%

+0.30%

-0.58%

$ 176.25M

$ 222.57K

Maple Finance

SYRUP

$ 0.14517

-0.07%

+2.29%

-10.02%

$ 173.01M

$ 494.56K

Ethena Staked ENA

SENA

$ 0.167974

+0.56%

+0.02%

-12.21%

$ 157.57M

$ 282.52K

Kinetiq Governance

KNTQ

$ 0.4779

+1.47%

+22.09%

-4.19%

$ 154.81M

$ 230.71K

crvUSD

CRVUSD

$ 0.997852

+0.04%

0.00%

-0.11%

$ 148.80M

$ 11.51M

Bedrock

$ 0.4662

-0.04%

+0.60%

-1.38%

$ 142.12M

$ 120.92K

Frax Ether

FRXETH

$ 2,224.99

-0.11%

0.00%

-1.07%

$ 133.52M

$ 261.64K

Bybit Staked SOL

BBSOL

$ 105.52

-0.22%

+0.00%

-6.00%

$ 131.38M

$ 464.68K

Vision

VSN

$ 0.0339

+0.06%

-6.07%

-7.85%

$ 124.75M

$ 1.69M

Yellow

YELLOW

$ 0.134517

-0.66%

-0.04%

+13.99%

$ 122.83M

$ 4.34M

AWE Network

AWE

$ 0.06235

-0.70%

+1.09%

-15.34%

$ 120.95M

$ 874.61K

BUILDon

$ 0.11974

-0.30%

+7.45%

-5.08%

$ 120.04M

$ 474.20K

1INCH

$ 0.07814

-0.42%

-1.59%

-2.81%

$ 111.51M

$ 709.11K

DEXE

$ 1.303

-0.08%

+3.80%

-10.94%

$ 109.69M

$ 45.33K

Hastra AUTO

AUTO

$ 1.031

0.00%

+0.19%

$ 108.44M

$ 147.79K

SoSoValue

SOSO

$ 0.3113

-0.10%

+0.39%

+1.20%

$ 106.53M

$ 290.47K

Horizen

ZEN

$ 5.213

+0.19%

+5.05%

-1.50%

$ 96.87M

$ 24.30K

Staked Frax Ether

SFRXETH

$ 2,615.64

-0.01%

-0.00%

-1.26%

$ 95.27M

$ 887.36

Reserve Rights

RSR

$ 0.001488

-0.40%

+2.55%

-0.27%

$ 93.14M

$ 48.21M

DeepBook

DEEP

$ 0.014839

+0.19%

+2.59%

-6.86%

$ 89.50M

$ 4.19M

Nexus Mutual

NXM

$ 57.69

-0.03%

+0.01%

+0.17%

$ 89.20M

GMX

$ 8.17

-0.05%

-1.43%

-0.01%

$ 88.52M

$ 7.39K

Orca

ORCA

$ 1.3733

+0.93%

+5.39%

-9.54%

$ 84.08M

$ 41.90K

dYdX

DYDX

$ 0.09793

+0.21%

+2.89%

-7.44%

$ 83.20M

$ 781.59K

Magma Finance

MAGMA

$ 0.27859

-0.06%

-23.30%

-37.30%

$ 82.72M

$ 749.64K

ZRX

$ 0.09173

+0.07%

+0.96%

-4.85%

$ 78.20M

$ 912.38K

Origin Ether

OETH

$ 2,226.98

-0.14%

0.00%

-1.08%

$ 77.51M

$ 59.65K

Lista USD

LISUSD

$ 0.996849

-0.01%

0.00%

+0.01%

$ 74.07M

$ 83.74K

Numeraire

NMR

$ 9.378

-0.30%

+3.89%

-5.91%

$ 72.09M

$ 5.87K

YearnFinance

YFI

$ 1,998.5

-0.35%

-0.39%

+3.32%

$ 71.08M

$ 28.14

Steakhouse USDC Morpho Vault

STEAKUSDC

$ 1.15

0.00%

$ 67.58M

CoW Protocol

COW

$ 0.1111

+0.27%

+0.09%

-10.90%

$ 64.19M

$ 575.55K

VELO

$ 0.003627

+0.30%

+1.03%

+11.11%

$ 63.60M

$ 10.78M

ORE

$ 121.19

-1.39%

-0.06%

-15.42%

$ 62.97M

$ 2.10M

Babylon

BABY

$ 0.011361

+0.56%

-0.88%

-6.96%

$ 59.25M

$ 5.03M

SNX

$ 0.1712

-0.35%

+4.89%

-6.49%

$ 59.12M

$ 354.14K

Amp

AMP

$ 0.0006557

-0.92%

+2.60%

-7.85%

$ 58.83M

$ 91.04M

Lido EarnUSD

EARNUSD

$ 1.039

0.00%

$ 57.23M

BULLA

$ 0.055967

+0.01%

-19.31%

-21.33%

$ 56.24M

$ 5.23M

NOXO

$ 0.332679

-0.44%

-0.01%

-18.47%

$ 55.45M

$ 22.19K

Treehouse ETH

TETH

$ 2,800.54

-0.11%

-0.00%

-1.15%

$ 55.24M

$ 33.39K

SUSHI

$ 0.1837

+0.22%

+2.16%

-4.76%

$ 52.81M

$ 367.18K

Threshold

$ 0.004603

-0.24%

-0.37%

+1.39%

$ 51.31M

$ 12.73M

Spark

SPK

$ 0.01629

+0.12%

+1.30%

-6.62%

$ 50.48M

$ 3.14M

100

Turbo

TURBO

$ 0.0007308

+0.07%

+3.63%

-6.09%

$ 50.43M

$ 121.44M

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.

What is a Decentralized Exchange (DEX) in the DeFi ecosystem?

How do Automated Market Makers (AMMs) work in DeFi protocols?

What is impermanent loss when providing liquidity to DeFi platforms?

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.

Top Decentralized Finance (DeFi) Tokens by Market Capitalization

Tradable Crypto

Category

Decentralized Finance (DeFi)

Smart Contract Platform

Layer 1 (L1)

Proof of Work (PoW)

Other Crypto

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Frequently Asked Questions

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