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
$ 2,116.33
0.00%
-0.73%
-4.45%
$ 18.74B
$ 26.74
2
Hyperliquid
Hyperliquid
HYPE
$ 59.71
+1.60%
+13.99%
+32.55%
$ 14.86B
$ 126.01K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,604.57
-0.54%
-0.25%
-4.72%
$ 8.88B
$ 5.19M
4
Chainlink
Chainlink
LINK
$ 9.606
+0.02%
-0.21%
-4.52%
$ 6.30B
$ 175.19K
5
UNISWAP
UNISWAP
UNI
$ 3.572
-0.14%
-0.22%
+0.36%
$ 2.28B
$ 74.02K
6
Ondo
Ondo
ONDO
$ 0.40462
-0.98%
+3.40%
+9.81%
$ 1.96B
$ 5.09M
7
Aster
Aster
ASTER
$ 0.7095
+1.11%
+4.69%
+6.52%
$ 1.83B
$ 9.00M
8
Sky Protocol
Sky Protocol
SKY
$ 0.07074
+0.17%
+1.40%
-0.46%
$ 1.65B
$ 1.00M
9
LAB
LAB
LAB
$ 4.47662
+0.53%
+9.91%
+10.19%
$ 1.40B
$ 184.66K
10
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.16
0.00%
-0.00%
0.00%
$ 1.40B
$ 1.98M
11
AaveToken
AaveToken
AAVE
$ 88.53
+0.20%
+0.08%
-5.64%
$ 1.36B
$ 4.38K
12
DEXE
DEXE
DEXE
$ 13.958
-2.62%
-1.34%
+6.81%
$ 1.16B
$ 6.55K
13
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.09063
-0.06%
+0.19%
+0.18%
$ 964.08M
$ 2.32M
14
MORPHO
MORPHO
MORPHO
$ 1.948
+1.51%
+5.51%
+5.84%
$ 950.42M
$ 53.89K
15
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 95.67
+0.27%
+0.65%
-3.32%
$ 948.61M
$ 1.09M
16
Ethena
Ethena
ENA
$ 0.1049
-0.29%
-1.77%
-6.72%
$ 944.45M
$ 4.84M
17
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.89
0.00%
+0.36%
-2.26%
$ 910.25M
$ 9.58M
18
JUST
JUST
JST
$ 0.09274
-0.28%
-1.15%
+1.93%
$ 792.78M
$ 1.27M
19
Jupiter
Jupiter
JUP
$ 0.21
-0.24%
-0.85%
-0.24%
$ 694.94M
$ 1.18M
20
Injective
Injective
INJ
$ 5.013
+0.38%
-2.14%
+4.04%
$ 499.35M
$ 642.37K
21
PancakeSwap
PancakeSwap
CAKE
$ 1.444
-0.14%
+0.56%
-3.61%
$ 469.16M
$ 558.82K
22
SEI
SEI
SEI
$ 0.06164
-0.07%
+0.94%
-3.32%
$ 436.23M
$ 2.60M
23
Terra Classic
Terra Classic
LUNC
$ 0.0000766
-1.21%
-0.71%
+2.07%
$ 423.57M
$ 4.18B
24
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.4292
+1.21%
+2.96%
-4.21%
$ 403.12M
$ 247.93K
25
SUN
SUN
SUN
$ 0.020137
+0.06%
+0.86%
+3.17%
$ 387.70M
$ 8.65M
26
tBTC
tBTC
TBTC
$ 77,037
-0.06%
-0.42%
-2.37%
$ 373.11M
$ 14.48M
27
TIA
TIA
TIA
$ 0.4063
+0.22%
-1.01%
-4.98%
$ 370.46M
$ 2.08M
28
Curve
Curve
CRV
$ 0.2325
-0.30%
-2.07%
-7.40%
$ 349.36M
$ 2.30M
29
Lighter
Lighter
LIT
$ 1.3923
+2.82%
+14.48%
+58.48%
$ 342.48M
$ 425.73K
30
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.3807
-0.13%
-0.52%
-8.24%
$ 334.48M
$ 2.35M
31
Pyth Network
Pyth Network
PYTH
$ 0.04146
+0.94%
+2.05%
-9.99%
$ 329.88M
$ 11.97M
32
Pendle
Pendle
PENDLE
$ 1.831
+0.11%
+1.16%
-6.63%
$ 312.08M
$ 821.16K
33
Gnosis
Gnosis
GNO
$ 117.25
+0.34%
-2.13%
-6.74%
$ 308.82M
$ 647.75
34
B
B
B
$ 0.30661
+1.36%
-18.91%
-33.80%
$ 303.49M
$ 3.56M
35
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,218.92
-0.07%
-2.51%
-5.53%
$ 300.76M
$ 2.31M
36
Lido DAO
Lido DAO
LDO
$ 0.355
-0.23%
-1.42%
-3.04%
$ 300.73M
$ 285.42K
37
Zebec Network
Zebec Network
ZBCN
$ 0.0029857
+0.07%
+2.81%
-14.03%
$ 298.96M
$ 86.58M
38
Telcoin
Telcoin
TEL
$ 0.003046
+0.23%
-0.03%
-4.86%
$ 293.51M
$ 42.91M
39
Staked USDai
Staked USDai
SUSDAI
$ 1.085
-0.09%
+0.07%
0.00%
$ 285.52M
$ 2.07M
40
Olympus
Olympus
OHM
$ 18.97
-0.05%
+0.51%
-1.30%
$ 284.22M
$ 99.18K
41
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 118.5
+0.25%
+0.80%
-3.28%
$ 270.71M
$ 1.58M
42
MIOTAC
MIOTAC
IOTA
$ 0.05658
0.00%
+0.18%
-3.40%
$ 249.82M
$ 1.16M
43
Maple Finance
Maple Finance
SYRUP
$ 0.2021
+0.20%
-3.75%
-9.55%
$ 239.84M
$ 345.06K
44
JITO
JITO
JTO
$ 0.4918
-0.45%
+5.58%
+4.45%
$ 231.37M
$ 783.21K
45
Compound
Compound
COMP
$ 22.68
-0.09%
-0.52%
+2.25%
$ 227.16M
$ 3.13K
46
crvUSD
crvUSD
CRVUSD
$ 0.99947
+0.02%
+0.06%
-0.05%
$ 223.67M
$ 16.63M
47
Block Street
Block Street
BSB
$ 1.13761
+15.99%
+29.31%
+166.29%
$ 216.93M
$ 5.07M
48
Falcon Finance
Falcon Finance
FF
$ 0.0916
+0.28%
+4.71%
+7.00%
$ 215.05M
$ 1.39M
49
ETHGAS
ETHGAS
GWEI
$ 0.11774
-1.84%
-10.56%
-24.38%
$ 207.62M
$ 894.67K
50
Raydium
Raydium
RAY
$ 0.7626
-0.46%
+1.05%
+3.49%
$ 205.04M
$ 134.96K

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.