Top Decentralised Finance (DeFi) Tokens by Market Capitalisation

Decentralised Finance (DeFi) protocols utilise 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 centralised 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
$ 63.28
+0.49%
-7.44%
-12.12%
$ 16.02B
$ 44.93K
2
Lido Staked ETH
Lido Staked ETH
STETH
$ 1,661.73
-0.26%
-5.89%
-5.86%
$ 14.85B
$ 40.28
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,038.24
-0.41%
-6.50%
-6.24%
$ 7.42B
$ 12.61M
4
Chainlink
Chainlink
LINK
$ 7.601
-0.25%
-5.51%
-7.37%
$ 4.98B
$ 184.83K
5
LAB
LAB
LAB
$ 15.36971
-1.59%
+2.62%
+16.71%
$ 4.77B
$ 83.24K
6
DEXE
DEXE
DEXE
$ 22.217
-0.63%
+27.86%
+46.25%
$ 1.92B
$ 27.34K
7
UNISWAP
UNISWAP
UNI
$ 2.906
-0.38%
-5.73%
-10.14%
$ 1.79B
$ 86.31K
8
Aster
Aster
ASTER
$ 0.62
-0.18%
-3.04%
-18.15%
$ 1.67B
$ 2.35M
9
Ondo
Ondo
ONDO
$ 0.3136
-0.46%
-7.25%
-17.56%
$ 1.51B
$ 1.68M
10
Sky Protocol
Sky Protocol
SKY
$ 0.0552
-0.54%
-5.38%
-3.85%
$ 1.32B
$ 1.05M
11
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.17
0.00%
+0.03%
0.00%
$ 1.29B
$ 1.15M
12
AaveToken
AaveToken
AAVE
$ 72.33
+0.08%
-3.41%
-3.51%
$ 1.11B
$ 7.69K
13
MORPHO
MORPHO
MORPHO
$ 1.6869
-1.01%
-6.88%
-13.13%
$ 856.30M
$ 47.33K
14
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.07786
-0.09%
-2.51%
+0.38%
$ 826.68M
$ 3.28M
15
Ethena
Ethena
ENA
$ 0.08598
-0.62%
-11.23%
-7.83%
$ 788.11M
$ 16.52M
16
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.38
-0.29%
-4.43%
-3.43%
$ 771.33M
$ 3.57M
17
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 76.76
-0.25%
-7.27%
-5.07%
$ 711.87M
$ 903.53K
18
JUST
JUST
JST
$ 0.08254
-0.07%
-0.57%
-0.25%
$ 704.60M
$ 799.84K
19
Jupiter
Jupiter
JUP
$ 0.2026
+0.15%
-2.72%
+3.72%
$ 665.72M
$ 1.35M
20
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.5156
-0.78%
-6.44%
+3.89%
$ 483.27M
$ 1.20M
21
PancakeSwap
PancakeSwap
CAKE
$ 1.324
0.00%
-4.50%
-5.73%
$ 463.05M
$ 459.46K
22
Injective
Injective
INJ
$ 4.578
-0.04%
-7.19%
-16.03%
$ 453.97M
$ 392.88K
23
Lighter
Lighter
LIT
$ 1.5739
-1.77%
-8.15%
-15.61%
$ 381.43M
$ 202.11K
24
SEI
SEI
SEI
$ 0.05298
-0.45%
-4.32%
-4.89%
$ 380.30M
$ 1.55M
25
Terra Classic
Terra Classic
LUNC
$ 0.00006422
-0.40%
-4.04%
-13.83%
$ 354.14M
$ 3.05B
26
TIA
TIA
TIA
$ 0.3819
+0.05%
-6.24%
-5.60%
$ 342.95M
$ 3.23M
27
SUN
SUN
SUN
$ 0.017217
-0.17%
-1.61%
+0.53%
$ 330.87M
$ 9.04M
28
tBTC
tBTC
TBTC
$ 61,996
-0.34%
-4.31%
-4.74%
$ 308.37M
$ 1.34M
29
Curve
Curve
CRV
$ 0.2047
-0.49%
-4.20%
-15.27%
$ 308.04M
$ 1.71M
30
JITO
JITO
JTO
$ 0.6366
+0.69%
-1.13%
-15.25%
$ 304.88M
$ 273.05K
31
Staked USDai
Staked USDai
SUSDAI
$ 1.092
0.00%
+0.02%
+0.18%
$ 293.01M
$ 1.08M
32
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.3357
-0.49%
-6.53%
-6.47%
$ 288.86M
$ 4.51M
33
Gnosis
Gnosis
GNO
$ 106.37
-0.62%
-2.03%
-0.56%
$ 277.70M
$ 562.58
34
Pyth Network
Pyth Network
PYTH
$ 0.0354
+0.03%
-6.64%
-11.95%
$ 274.44M
$ 9.27M
35
Olympus
Olympus
OHM
$ 15.9
-0.50%
+0.36%
0.00%
$ 237.84M
$ 107.82K
36
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 1,757.14
-0.69%
-5.97%
-5.88%
$ 237.32M
$ 6.31K
37
Zebec Network
Zebec Network
ZBCN
$ 0.0023698
-0.29%
-4.66%
-9.09%
$ 236.74M
$ 46.02M
38
Telcoin
Telcoin
TEL
$ 0.002469
-1.06%
+1.12%
-2.48%
$ 234.23M
$ 156.32M
39
Bitway
Bitway
BTW
$ 0.098142
+0.90%
-15.38%
+67.49%
$ 229.56M
$ 31.51M
40
Pendle
Pendle
PENDLE
$ 1.328
-0.38%
-8.01%
-10.40%
$ 223.67M
$ 449.77K
41
ETHGAS
ETHGAS
GWEI
$ 0.12089
+5.96%
+4.45%
+5.42%
$ 222.99M
$ 564.39K
42
B
B
B
$ 0.2228
-0.01%
-6.48%
-2.05%
$ 222.63M
$ 441.22K
43
Lido DAO
Lido DAO
LDO
$ 0.2588
-0.35%
-7.81%
-11.68%
$ 214.84M
$ 587.40K
44
Velvet
Velvet
VELVET
$ 0.48534
-1.68%
+7.10%
+23.92%
$ 200.20M
$ 1.83M
45
crvUSD
crvUSD
CRVUSD
$ 0.998458
-0.11%
+0.03%
-0.10%
$ 196.05M
$ 28.11M
46
Falcon Finance
Falcon Finance
FF
$ 0.06652
+0.09%
-6.25%
-12.52%
$ 190.70M
$ 1.06M
47
MIOTAC
MIOTAC
IOTA
$ 0.04123
-0.77%
-8.30%
-14.86%
$ 184.13M
$ 1.56M
48
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.11
0.00%
+0.02%
0.00%
$ 173.72M
$ 286.98K
49
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 95.3
-0.22%
-7.36%
-4.96%
$ 171.81M
$ 605.54K
50
Compound
Compound
COMP
$ 17.13
-0.41%
-6.42%
-5.28%
$ 170.27M
$ 3.85K

Frequently Asked Questions

What does Decentralised Finance (DeFi) mean in the Web3 ecosystem?
Decentralised Finance (DeFi) represents a financial system built entirely on blockchain networks. DeFi utilises smart contracts to offer lending, borrowing, and trading services without relying on centralised 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 Decentralised 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 decentralised 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.