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
Lido Staked ETH
Lido Staked ETH
STETH
$ 2,308.55
+0.07%
+1.73%
-0.63%
$ 20.42B
$ 24.78
2
Hyperliquid
Hyperliquid
HYPE
$ 44
+0.34%
+4.10%
+2.53%
$ 11.25B
$ 13.81K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,857.53
+1.22%
+1.42%
+1.37%
$ 9.68B
$ 3.28M
4
Chainlink
Chainlink
LINK
$ 10.57
+0.21%
+7.27%
+5.18%
$ 6.95B
$ 103.40K
5
Dai
Dai
DAI
$ 0.999678
-0.01%
+0.04%
-0.01%
$ 4.40B
--
6
UNISWAP
UNISWAP
UNI
$ 3.738
+0.51%
+8.12%
+7.31%
$ 2.39B
$ 144.61K
7
Ondo
Ondo
ONDO
$ 0.44526
+0.57%
+22.54%
+19.03%
$ 2.18B
$ 9.90M
8
Sky Protocol
Sky Protocol
SKY
$ 0.08285
+0.01%
+2.73%
+2.84%
$ 1.93B
$ 1.15M
9
Aster
Aster
ASTER
$ 0.7226
+0.91%
+6.17%
+5.09%
$ 1.84B
$ 3.55M
10
AaveToken
AaveToken
AAVE
$ 97.76
+0.18%
+5.64%
+4.04%
$ 1.51B
$ 4.69K
11
LAB
LAB
LAB
$ 4.23357
-1.55%
-6.62%
+15.16%
$ 1.32B
$ 464.91K
12
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.16
0.00%
+0.05%
0.00%
$ 1.28B
$ 4.64M
13
Ethena
Ethena
ENA
$ 0.13397
+2.07%
+11.47%
+7.86%
$ 1.21B
$ 6.20M
14
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.10288
-0.10%
+3.31%
+2.70%
$ 1.09B
$ 1.90M
15
MORPHO
MORPHO
MORPHO
$ 2.1498
-0.15%
+4.04%
+1.17%
$ 1.05B
$ 47.22K
16
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 103.91
+5.40%
+5.79%
+6.05%
$ 1.04B
$ 1.75M
17
DEXE
DEXE
DEXE
$ 12.117
+0.26%
-0.17%
+3.63%
$ 1.01B
$ 27.07K
18
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 4.1
+3.02%
+3.03%
+3.27%
$ 967.33M
$ 7.14M
19
Jupiter
Jupiter
JUP
$ 0.2543
+1.62%
+25.72%
+22.95%
$ 852.39M
$ 11.14M
20
JUST
JUST
JST
$ 0.08207
+0.15%
-2.35%
-2.94%
$ 701.96M
$ 1.25M
21
Terra Classic
Terra Classic
LUNC
$ 0.00009379
-0.12%
-1.56%
-0.12%
$ 519.82M
$ 12.36B
22
PancakeSwap
PancakeSwap
CAKE
$ 1.574
+0.38%
+4.02%
+1.35%
$ 515.68M
$ 681.63K
23
SEI
SEI
SEI
$ 0.06835
+1.16%
+11.99%
+10.80%
$ 480.76M
$ 7.93M
24
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.4801
+2.79%
+7.53%
+4.17%
$ 447.86M
$ 244.34K
25
Injective
Injective
INJ
$ 4.334
-0.55%
+10.77%
+9.64%
$ 431.87M
$ 682.53K
26
TIA
TIA
TIA
$ 0.4531
+2.90%
+14.84%
+16.45%
$ 418.48M
$ 6.66M
27
tBTC
tBTC
TBTC
$ 80,445
+0.58%
+1.31%
+0.75%
$ 416.68M
$ 12.38M
28
SUN
SUN
SUN
$ 0.020254
-0.20%
-0.08%
+0.66%
$ 388.86M
$ 2.90M
29
Curve
Curve
CRV
$ 0.256
+0.27%
+6.23%
+4.00%
$ 386.27M
$ 3.89M
30
B
B
B
$ 0.38347
+0.67%
+6.93%
+12.54%
$ 386.22M
$ 1.23M
31
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.4593
+0.26%
+7.07%
+4.76%
$ 382.37M
$ 7.90M
32
Pendle
Pendle
PENDLE
$ 2.112
-1.03%
+8.57%
+12.31%
$ 359.18M
$ 1.22M
33
Pyth Network
Pyth Network
PYTH
$ 0.06229
-0.76%
+15.46%
+15.00%
$ 353.45M
$ 19.64M
34
Gnosis
Gnosis
GNO
$ 132.71
-0.03%
+0.33%
+0.26%
$ 350.05M
$ 862.06
35
Lido DAO
Lido DAO
LDO
$ 0.4064
+0.39%
+5.03%
+3.30%
$ 345.82M
$ 674.65K
36
Zebec Network
Zebec Network
ZBCN
$ 0.0033171
+0.17%
+1.65%
-0.93%
$ 331.96M
$ 161.81M
37
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,451.13
+0.89%
+1.36%
+0.85%
$ 323.32M
$ 81.51
38
Maple Finance
Maple Finance
SYRUP
$ 0.2596
+0.43%
+6.95%
+5.90%
$ 308.97M
$ 369.52K
39
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 128.93
+5.71%
+6.12%
+6.12%
$ 298.94M
$ 3.54M
40
Olympus
Olympus
OHM
$ 19.16
-0.78%
-0.81%
-0.83%
$ 287.34M
$ 165.78K
41
MIOTAC
MIOTAC
IOTA
$ 0.06358
+0.36%
+9.13%
+7.55%
$ 281.26M
$ 1.49M
42
Lighter
Lighter
LIT
$ 1.0977
-0.11%
+10.99%
+10.97%
$ 272.58M
$ 113.05K
43
JITO
JITO
JTO
$ 0.5669
-0.45%
+0.26%
+20.69%
$ 270.62M
$ 727.40K
44
crvUSD
crvUSD
CRVUSD
$ 0.99978
-0.01%
+0.02%
-0.01%
$ 255.34M
$ 5.74M
45
Lido Earn ETH
Lido Earn ETH
EARNETH
$ 2,330.73
+1.53%
+1.47%
+1.33%
$ 252.51M
$ 6.93K
46
Staked USDai
Staked USDai
SUSDAI
$ 1.083
+0.19%
-0.02%
0.00%
$ 251.53M
$ 26.29M
47
Raydium
Raydium
RAY
$ 0.869
+0.92%
+9.38%
+8.07%
$ 237.07M
$ 141.51K
48
Compound
Compound
COMP
$ 23.47
+0.25%
+3.92%
+0.51%
$ 235.54M
$ 5.79K
49
ETHGAS
ETHGAS
GWEI
$ 0.13229
+2.12%
+1.89%
+2.73%
$ 233.89M
$ 111.69K
50
THORChain
THORChain
RUNE
$ 0.5994
-0.27%
+7.91%
+7.49%
$ 211.19M
$ 2.36M

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.