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
$ 2,736.21
+0.07%
+4.74%
+12.30%
$ 26.58B
$ 20.56
2
Hyperliquid
Hyperliquid
HYPE
$ 93.83
-0.34%
+3.15%
+22.01%
$ 23.72B
$ 44.30K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 3,385.87
-0.08%
+0.06%
+12.13%
$ 12.68B
$ 8.37M
4
Chainlink
Chainlink
LINK
$ 12.963
+0.12%
+5.40%
+14.73%
$ 8.51B
$ 91.82K
5
UNISWAP
UNISWAP
UNI
$ 8.891
-0.84%
+2.59%
+39.77%
$ 5.50B
$ 297.20K
6
Bitway
Bitway
BTW
$ 0.892672
-1.45%
+21.43%
+26.00%
$ 2.48B
$ 1.96M
7
AaveToken
AaveToken
AAVE
$ 145.18
+0.51%
+7.27%
+15.65%
$ 2.24B
$ 3.92K
8
Ethena
Ethena
ENA
$ 0.22191
+0.05%
+10.02%
+54.41%
$ 2.23B
$ 359.50M
9
Ondo
Ondo
ONDO
$ 0.44809
+1.06%
+8.40%
+30.39%
$ 2.18B
$ 4.19M
10
Aster
Aster
ASTER
$ 0.7548
+0.53%
+3.28%
+8.76%
$ 2.04B
$ 3.92M
11
Sky Protocol
Sky Protocol
SKY
$ 0.07265
-0.03%
+5.06%
+17.56%
$ 1.69B
$ 1.05M
12
MORPHO
MORPHO
MORPHO
$ 2.7566
-0.51%
+9.15%
+29.00%
$ 1.45B
$ 138.04K
13
Lighter
Lighter
LIT
$ 4.9374
-1.07%
+6.35%
+16.81%
$ 1.23B
$ 2.48M
14
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 133.61
+0.51%
+0.09%
+18.88%
$ 1.22B
$ 3.84M
15
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.11303
+0.43%
+8.71%
+16.03%
$ 1.21B
$ 3.79M
16
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
0.00%
0.00%
$ 1.02B
$ 6.08M
17
Jupiter
Jupiter
JUP
$ 0.305
+0.30%
+12.07%
+32.60%
$ 1.00B
$ 2.10M
18
PancakeSwap
PancakeSwap
CAKE
$ 2.547
+0.28%
+2.68%
+11.54%
$ 945.40M
$ 1.81M
19
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 4.84
0.00%
+0.06%
+11.01%
$ 938.96M
$ 9.67M
20
JUST
JUST
JST
$ 0.11302
-0.12%
-2.84%
-2.50%
$ 922.71M
$ 549.79K
21
Injective
Injective
INJ
$ 7.858
+0.60%
+0.61%
+38.39%
$ 788.47M
$ 758.31K
22
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.7372
-0.10%
+5.43%
+21.64%
$ 710.21M
$ 7.35M
23
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.691
+0.13%
+4.75%
+28.27%
$ 682.37M
$ 5.39M
24
Curve
Curve
CRV
$ 0.3582
+0.31%
+4.81%
+4.93%
$ 557.72M
$ 4.35M
25
Pyth Network
Pyth Network
PYTH
$ 0.06505
+1.21%
+7.75%
+20.21%
$ 509.12M
$ 10.08M
26
Staked USDai
Staked USDai
SUSDAI
$ 1.11
0.00%
0.00%
0.00%
$ 498.47M
$ 2.16M
27
Raydium
Raydium
RAY
$ 1.761
+2.62%
+13.68%
+40.56%
$ 482.70M
$ 261.99K
28
Pendle
Pendle
PENDLE
$ 2.64
-0.53%
+3.15%
+14.77%
$ 459.99M
$ 568.01K
29
SEI
SEI
SEI
$ 0.05977
-1.42%
+25.13%
+37.65%
$ 453.35M
$ 22.24M
30
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,931.13
+0.09%
+0.14%
+12.70%
$ 435.28M
$ 54.60K
31
TIA
TIA
TIA
$ 0.4379
+0.34%
+6.18%
+30.48%
$ 403.30M
$ 2.32M
32
Derive
Derive
DRV
$ 0.401543
+0.96%
+0.06%
+187.32%
$ 401.20M
$ 22.28M
33
Falcon Finance
Falcon Finance
FF
$ 0.12816
-0.16%
-4.85%
-10.77%
$ 398.97M
$ 2.59M
34
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.13
0.00%
0.00%
0.00%
$ 367.84M
$ 3.69K
35
Bedrock
Bedrock
BR
$ 1.1968
+1.65%
+0.13%
+347.84%
$ 365.71M
$ 181.77K
36
tBTC
tBTC
TBTC
$ 85,670
+0.81%
+0.06%
+12.03%
$ 363.85M
$ 10.82M
37
Lido DAO
Lido DAO
LDO
$ 0.4317
-0.25%
+7.46%
+22.06%
$ 360.44M
$ 1.24M
38
Staked Aave
Staked Aave
STKAAVE
$ 144.77
-0.39%
+0.08%
+16.22%
$ 360.28M
$ 19.70K
39
SUN
SUN
SUN
$ 0.017235
-0.18%
-0.13%
+2.13%
$ 330.47M
$ 17.80M
40
Gnosis
Gnosis
GNO
$ 117.41
+0.52%
+0.41%
+3.47%
$ 309.72M
$ 668.28
41
Terra Classic
Terra Classic
LUNC
$ 0.00005513
-0.02%
+6.81%
+11.00%
$ 302.46M
$ 5.64B
42
Olympus
Olympus
OHM
$ 20.15
-0.10%
+0.01%
-0.35%
$ 300.67M
$ 231.75K
43
Plasma
Plasma
XPL
$ 0.1024
+1.53%
+18.47%
+25.54%
$ 286.72M
$ 15.92M
44
Ethena Staked ENA
Ethena Staked ENA
SENA
$ 0.223514
0.00%
+0.09%
+53.92%
$ 276.03M
$ 1.22M
45
Maple Finance
Maple Finance
SYRUP
$ 0.23147
-0.72%
+6.68%
+13.25%
$ 275.02M
$ 438.17K
46
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 166.37
+0.31%
+0.09%
+19.18%
$ 270.53M
$ 2.39M
47
JITO
JITO
JTO
$ 0.5145
+1.80%
+7.12%
+18.11%
$ 269.96M
$ 193.44K
48
crvUSD
crvUSD
CRVUSD
$ 0.999625
-0.02%
0.00%
+0.02%
$ 231.02M
$ 26.13M
49
Compound
Compound
COMP
$ 22.58
-0.40%
+8.67%
+18.12%
$ 226.90M
$ 3.68K
50
MIOTAC
MIOTAC
IOTA
$ 0.04858
+0.52%
-0.14%
+18.89%
$ 225.47M
$ 2.27M

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.