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
$ 61.71
-1.11%
+3.55%
+9.60%
$ 15.61B
$ 43.43K
2
Lido Staked ETH
Lido Staked ETH
STETH
$ 1,670.15
-0.20%
-1.08%
+7.08%
$ 14.86B
$ 58.57
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,055.41
-0.34%
-0.89%
+6.89%
$ 7.36B
$ 1.71M
4
Chainlink
Chainlink
LINK
$ 7.862
-0.52%
-1.46%
+7.25%
$ 5.15B
$ 111.96K
5
LAB
LAB
LAB
$ 9.87083
-0.40%
+18.95%
-21.33%
$ 3.10B
$ 123.03K
6
Ondo
Ondo
ONDO
$ 0.36127
-1.01%
-0.11%
+12.64%
$ 1.76B
$ 2.35M
7
DEXE
DEXE
DEXE
$ 20.704
+0.59%
-2.28%
+3.78%
$ 1.75B
$ 4.58K
8
Aster
Aster
ASTER
$ 0.6278
+0.22%
-1.26%
+0.63%
$ 1.69B
$ 1.46M
9
UNISWAP
UNISWAP
UNI
$ 2.523
-0.63%
+0.20%
+3.88%
$ 1.57B
$ 46.50K
10
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.17
0.00%
+0.03%
0.00%
$ 1.32B
$ 7.77M
11
Sky Protocol
Sky Protocol
SKY
$ 0.05656
-0.26%
-2.28%
+2.09%
$ 1.32B
$ 1.04M
12
AaveToken
AaveToken
AAVE
$ 64.84
-0.48%
-0.09%
+6.98%
$ 993.87M
$ 6.36K
13
MORPHO
MORPHO
MORPHO
$ 1.9192
-1.02%
-0.44%
+16.99%
$ 959.78M
$ 55.33K
14
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.07412
-0.19%
-0.37%
-3.16%
$ 784.76M
$ 2.77M
15
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.36
-0.30%
+0.51%
+5.33%
$ 761.45M
$ 5.62M
16
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 74.97
-0.49%
+0.89%
+8.68%
$ 747.62M
$ 4.00M
17
Ethena
Ethena
ENA
$ 0.07943
-0.81%
+2.06%
-12.17%
$ 736.07M
$ 8.53M
18
JUST
JUST
JST
$ 0.07514
+0.36%
+0.99%
-9.31%
$ 638.39M
$ 1.30M
19
Jupiter
Jupiter
JUP
$ 0.1669
-1.36%
+4.52%
+9.17%
$ 553.16M
$ 1.83M
20
Injective
Injective
INJ
$ 5.145
-1.16%
-4.27%
+0.97%
$ 510.95M
$ 623.47K
21
PancakeSwap
PancakeSwap
CAKE
$ 1.321
-0.30%
-1.42%
+9.35%
$ 464.81M
$ 443.13K
22
Terra Classic
Terra Classic
LUNC
$ 0.00007349
-0.11%
+2.60%
+21.03%
$ 402.93M
$ 4.30B
23
Stargate Finance
Stargate Finance
STG
$ 0.5947
-1.26%
+6.57%
+198.23%
$ 399.94M
$ 1.50M
24
Lighter
Lighter
LIT
$ 1.5656
-0.30%
+2.13%
+7.87%
$ 392.53M
$ 176.57K
25
SEI
SEI
SEI
$ 0.05132
-0.62%
+3.37%
+9.33%
$ 363.56M
$ 4.46M
26
Curve
Curve
CRV
$ 0.2385
-0.50%
-4.43%
+31.18%
$ 359.74M
$ 7.01M
27
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.3589
-0.42%
+1.62%
+13.27%
$ 340.78M
$ 206.31K
28
ETHGAS
ETHGAS
GWEI
$ 0.18799
+1.36%
+11.76%
+48.67%
$ 329.51M
$ 548.46K
29
SUN
SUN
SUN
$ 0.016703
+0.41%
+0.41%
-3.60%
$ 320.66M
$ 10.45M
30
tBTC
tBTC
TBTC
$ 63,637
-0.67%
+0.87%
+5.13%
$ 318.13M
$ 9.40M
31
TIA
TIA
TIA
$ 0.327
-0.88%
-0.15%
+10.09%
$ 299.07M
$ 1.50M
32
Pyth Network
Pyth Network
PYTH
$ 0.03755
-0.95%
+1.24%
+21.19%
$ 295.86M
$ 30.46M
33
Staked USDai
Staked USDai
SUSDAI
$ 1.09
0.00%
+0.04%
+0.28%
$ 290.40M
$ 3.27M
34
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.3099
-1.00%
-0.77%
+9.51%
$ 270.89M
$ 5.25M
35
Gnosis
Gnosis
GNO
$ 102.69
+1.08%
+2.36%
+10.68%
$ 264.14M
$ 581.24
36
JITO
JITO
JTO
$ 0.5301
-1.29%
-3.93%
+5.41%
$ 254.60M
$ 288.98K
37
Zebec Network
Zebec Network
ZBCN
$ 0.0025149
-0.55%
-3.29%
-3.45%
$ 250.49M
$ 42.47M
38
Olympus
Olympus
OHM
$ 16.56
-0.24%
-0.92%
-4.66%
$ 247.83M
$ 42.51K
39
B
B
B
$ 0.23672
+0.14%
+1.22%
+2.62%
$ 238.23M
$ 719.16K
40
Telcoin
Telcoin
TEL
$ 0.002473
-0.44%
-2.83%
+5.06%
$ 237.21M
$ 37.24M
41
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 1,762.23
-0.19%
-0.97%
+7.01%
$ 235.15M
$ 6.92K
42
Lido DAO
Lido DAO
LDO
$ 0.2638
-0.27%
-2.05%
+3.26%
$ 221.41M
$ 416.91K
43
Pendle
Pendle
PENDLE
$ 1.273
-0.24%
+0.72%
+5.96%
$ 215.55M
$ 354.23K
44
MIOTAC
MIOTAC
IOTA
$ 0.04708
-0.15%
+2.17%
+6.65%
$ 210.92M
$ 1.54M
45
Velvet
Velvet
VELVET
$ 0.4596
-47.74%
-61.34%
+167.69%
$ 210.55M
$ 9.35M
46
Falcon Finance
Falcon Finance
FF
$ 0.08218
+1.47%
+5.70%
-10.44%
$ 191.67M
$ 974.77K
47
crvUSD
crvUSD
CRVUSD
$ 0.999415
-0.02%
+0.06%
+0.09%
$ 189.76M
$ 35.94M
48
Compound
Compound
COMP
$ 17.39
-1.02%
-2.79%
+8.93%
$ 174.17M
$ 3.70K
49
Bitway
Bitway
BTW
$ 0.079905
-1.43%
+2.74%
+41.71%
$ 173.83M
$ 10.84M
50
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 92.89
-0.35%
+0.58%
+8.86%
$ 168.18M
$ 4.73M

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.