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
Hyperliquid
Hyperliquid
HYPE
$ 62.93
+0.10%
-9.19%
-12.08%
$ 15.99B
$ 45.32K
2
Lido Staked ETH
Lido Staked ETH
STETH
$ 1,656.2
-0.32%
-6.69%
-6.13%
$ 14.89B
$ 40.15
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,053.56
-0.06%
-6.07%
-6.07%
$ 7.47B
$ 12.81M
4
Chainlink
Chainlink
LINK
$ 7.581
-0.21%
-6.51%
-7.19%
$ 5.00B
$ 183.36K
5
LAB
LAB
LAB
$ 15.79026
-0.31%
+6.71%
+19.02%
$ 4.94B
$ 78.80K
6
DEXE
DEXE
DEXE
$ 23.14
+0.77%
+28.40%
+43.72%
$ 1.92B
$ 27.51K
7
UNISWAP
UNISWAP
UNI
$ 2.874
+0.35%
-6.13%
-12.31%
$ 1.80B
$ 98.32K
8
Aster
Aster
ASTER
$ 0.6181
+0.06%
-3.57%
-16.14%
$ 1.68B
$ 2.42M
9
Ondo
Ondo
ONDO
$ 0.31113
-0.57%
-8.87%
-17.21%
$ 1.52B
$ 1.71M
10
Sky Protocol
Sky Protocol
SKY
$ 0.05681
-0.26%
-4.45%
-3.40%
$ 1.33B
$ 1.06M
11
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.17
0.00%
+0.04%
0.00%
$ 1.29B
$ 814.95K
12
AaveToken
AaveToken
AAVE
$ 72.1
-0.86%
-5.47%
-3.70%
$ 1.12B
$ 7.47K
13
MORPHO
MORPHO
MORPHO
$ 1.7178
+0.02%
-7.31%
-12.18%
$ 867.10M
$ 47.67K
14
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.07749
+0.10%
-3.01%
-0.35%
$ 826.57M
$ 3.22M
15
Ethena
Ethena
ENA
$ 0.085
+0.14%
-11.98%
-5.74%
$ 795.55M
$ 16.93M
16
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.39
0.00%
-3.91%
-3.14%
$ 772.91M
$ 3.61M
17
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 77.17
-0.09%
-6.70%
-4.74%
$ 715.72M
$ 933.30K
18
JUST
JUST
JST
$ 0.08262
+0.84%
-0.65%
+0.18%
$ 705.20M
$ 796.68K
19
Jupiter
Jupiter
JUP
$ 0.1997
-0.93%
-6.17%
+3.64%
$ 672.03M
$ 1.32M
20
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.5099
-1.25%
-4.26%
+5.50%
$ 496.98M
$ 1.22M
21
PancakeSwap
PancakeSwap
CAKE
$ 1.317
0.00%
-5.38%
-6.59%
$ 463.76M
$ 455.23K
22
Injective
Injective
INJ
$ 4.562
-0.30%
-8.41%
-15.71%
$ 457.57M
$ 385.67K
23
Lighter
Lighter
LIT
$ 1.5339
+1.92%
-8.48%
-12.76%
$ 391.95M
$ 197.52K
24
SEI
SEI
SEI
$ 0.05273
-0.38%
-5.63%
-3.71%
$ 382.47M
$ 1.55M
25
Terra Classic
Terra Classic
LUNC
$ 0.00006412
+0.14%
-5.38%
-12.08%
$ 354.19M
$ 3.20B
26
TIA
TIA
TIA
$ 0.3722
-0.16%
-6.27%
-5.78%
$ 343.59M
$ 3.46M
27
SUN
SUN
SUN
$ 0.017219
-0.21%
-1.22%
+1.08%
$ 331.62M
$ 8.94M
28
Curve
Curve
CRV
$ 0.2031
-0.39%
-4.12%
-15.67%
$ 310.93M
$ 1.71M
29
tBTC
tBTC
TBTC
$ 62,412
-0.08%
-3.34%
-4.31%
$ 307.33M
$ 1.39M
30
JITO
JITO
JTO
$ 0.6237
+0.19%
-2.73%
-16.17%
$ 301.83M
$ 268.43K
31
Staked USDai
Staked USDai
SUSDAI
$ 1.092
0.00%
+0.02%
+0.18%
$ 293.01M
$ 1.09M
32
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.3276
+0.49%
-7.76%
-3.08%
$ 291.06M
$ 5.02M
33
Gnosis
Gnosis
GNO
$ 105.64
+0.37%
-2.41%
+0.15%
$ 279.44M
$ 563.09
34
Pyth Network
Pyth Network
PYTH
$ 0.03485
+0.14%
-8.17%
-11.30%
$ 274.52M
$ 9.28M
35
Olympus
Olympus
OHM
$ 15.99
-0.12%
+0.49%
-0.87%
$ 239.14M
$ 139.99K
36
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 1,766.01
-0.13%
-6.12%
-5.79%
$ 238.55M
$ 6.34K
37
Telcoin
Telcoin
TEL
$ 0.00246
+0.65%
+2.20%
-1.60%
$ 236.34M
$ 155.62M
38
Zebec Network
Zebec Network
ZBCN
$ 0.0023694
+0.38%
-5.35%
-9.49%
$ 235.30M
$ 45.81M
39
B
B
B
$ 0.22124
+0.47%
-5.75%
+0.26%
$ 227.27M
$ 442.85K
40
Bitway
Bitway
BTW
$ 0.102004
+2.66%
-12.25%
+57.39%
$ 225.81M
$ 31.26M
41
Pendle
Pendle
PENDLE
$ 1.309
+0.08%
-10.43%
-11.81%
$ 224.53M
$ 453.92K
42
Lido DAO
Lido DAO
LDO
$ 0.2546
-0.04%
-9.10%
-11.98%
$ 215.51M
$ 616.37K
43
ETHGAS
ETHGAS
GWEI
$ 0.12694
-0.63%
+7.39%
-2.13%
$ 209.28M
$ 572.49K
44
Velvet
Velvet
VELVET
$ 0.47815
-0.20%
+8.34%
+27.71%
$ 205.50M
$ 1.84M
45
crvUSD
crvUSD
CRVUSD
$ 0.999362
+0.06%
-0.01%
0.00%
$ 196.20M
$ 27.69M
46
Falcon Finance
Falcon Finance
FF
$ 0.06632
-0.24%
-6.86%
-12.78%
$ 190.18M
$ 1.12M
47
MIOTAC
MIOTAC
IOTA
$ 0.0411
-0.22%
-8.29%
-14.23%
$ 186.24M
$ 1.53M
48
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.11
0.00%
+0.03%
0.00%
$ 173.48M
$ 287.29K
49
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 95.81
-0.06%
-6.65%
-4.53%
$ 172.67M
$ 619.01K
50
Compound
Compound
COMP
$ 17.06
-0.35%
-7.21%
-5.42%
$ 170.87M
$ 3.90K

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.