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
$ 62.44
+1.04%
-6.40%
-15.97%
$ 15.98B
$ 42.19K
2
Lido Staked ETH
Lido Staked ETH
STETH
$ 1,660.79
+0.46%
-3.96%
-6.25%
$ 14.97B
$ 40.56
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,055.05
+0.53%
-5.58%
-6.77%
$ 7.48B
$ 12.75M
4
Chainlink
Chainlink
LINK
$ 7.597
+0.61%
-3.66%
-7.78%
$ 5.01B
$ 189.05K
5
LAB
LAB
LAB
$ 15.25881
-1.84%
-1.53%
+16.48%
$ 4.67B
$ 87.31K
6
DEXE
DEXE
DEXE
$ 22.691
+1.93%
+25.30%
+47.79%
$ 1.90B
$ 27.13K
7
UNISWAP
UNISWAP
UNI
$ 2.891
+0.03%
-3.48%
-11.64%
$ 1.81B
$ 71.44K
8
Aster
Aster
ASTER
$ 0.62
+0.99%
-2.80%
-16.72%
$ 1.68B
$ 2.91M
9
Ondo
Ondo
ONDO
$ 0.30997
+0.22%
-5.70%
-18.08%
$ 1.52B
$ 1.52M
10
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.17
0.00%
+0.03%
0.00%
$ 1.29B
$ 1.14M
11
Sky Protocol
Sky Protocol
SKY
$ 0.05526
+0.29%
-7.01%
-5.97%
$ 1.29B
$ 1.10M
12
AaveToken
AaveToken
AAVE
$ 71.88
-0.12%
-4.38%
-6.71%
$ 1.11B
$ 8.64K
13
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.07785
-0.42%
-3.27%
-0.21%
$ 829.35M
$ 3.18M
14
MORPHO
MORPHO
MORPHO
$ 1.6591
+2.45%
-10.21%
-17.10%
$ 824.16M
$ 46.38K
15
Ethena
Ethena
ENA
$ 0.08606
+0.93%
-7.68%
-7.69%
$ 806.14M
$ 15.44M
16
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.39
+0.59%
-3.95%
-4.24%
$ 773.38M
$ 3.51M
17
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 77.19
+0.51%
-6.24%
-6.52%
$ 715.86M
$ 838.72K
18
JUST
JUST
JST
$ 0.08369
0.00%
+0.31%
+0.84%
$ 710.84M
$ 765.17K
19
Jupiter
Jupiter
JUP
$ 0.2039
+0.20%
-1.11%
+4.76%
$ 679.00M
$ 1.14M
20
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.5111
+0.83%
-4.80%
-2.76%
$ 487.17M
$ 1.17M
21
PancakeSwap
PancakeSwap
CAKE
$ 1.323
+0.53%
-3.14%
-5.28%
$ 467.27M
$ 445.21K
22
Injective
Injective
INJ
$ 4.539
+0.07%
-6.19%
-17.19%
$ 454.27M
$ 354.98K
23
Lighter
Lighter
LIT
$ 1.5288
+0.69%
-3.16%
-17.10%
$ 389.30M
$ 208.45K
24
SEI
SEI
SEI
$ 0.05227
+0.27%
-4.08%
-5.96%
$ 378.43M
$ 1.28M
25
TIA
TIA
TIA
$ 0.3779
+0.13%
-3.94%
-4.41%
$ 354.82M
$ 2.85M
26
Terra Classic
Terra Classic
LUNC
$ 0.00006311
-0.59%
-4.34%
-13.91%
$ 351.38M
$ 3.62B
27
SUN
SUN
SUN
$ 0.017294
+0.28%
-1.09%
+0.10%
$ 331.82M
$ 8.48M
28
tBTC
tBTC
TBTC
$ 62,587
+0.73%
-3.99%
-5.14%
$ 311.28M
$ 1.31M
29
JITO
JITO
JTO
$ 0.6309
+0.68%
-2.50%
-13.33%
$ 308.94M
$ 295.75K
30
Curve
Curve
CRV
$ 0.2028
+0.45%
-3.93%
-16.03%
$ 307.44M
$ 1.57M
31
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.3355
+0.66%
-3.18%
-10.31%
$ 297.22M
$ 4.72M
32
Staked USDai
Staked USDai
SUSDAI
$ 1.092
0.00%
+0.02%
+0.18%
$ 296.00M
$ 616.70K
33
Pyth Network
Pyth Network
PYTH
$ 0.03525
+0.94%
-4.17%
-12.17%
$ 278.54M
$ 8.85M
34
Gnosis
Gnosis
GNO
$ 105.16
+0.55%
-1.64%
-0.57%
$ 278.28M
$ 543.18
35
Telcoin
Telcoin
TEL
$ 0.002567
+1.08%
+4.27%
+0.08%
$ 241.91M
$ 161.94M
36
Olympus
Olympus
OHM
$ 16.02
+0.38%
+1.69%
-1.35%
$ 239.59M
$ 94.97K
37
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 1,771.99
+0.11%
-4.71%
-6.79%
$ 239.21M
$ 86.97K
38
Zebec Network
Zebec Network
ZBCN
$ 0.002387
+0.34%
-2.80%
-11.02%
$ 238.49M
$ 44.39M
39
Pendle
Pendle
PENDLE
$ 1.306
+0.61%
-4.72%
-12.64%
$ 224.36M
$ 390.69K
40
B
B
B
$ 0.22273
+0.77%
-5.63%
-2.23%
$ 223.82M
$ 399.69K
41
Bitway
Bitway
BTW
$ 0.100031
+1.18%
+12.46%
+63.59%
$ 223.82M
$ 23.46M
42
Lido DAO
Lido DAO
LDO
$ 0.2577
+0.78%
-6.05%
-11.23%
$ 217.11M
$ 572.72K
43
ETHGAS
ETHGAS
GWEI
$ 0.11976
+0.87%
-0.98%
+5.13%
$ 211.47M
$ 338.96K
44
Velvet
Velvet
VELVET
$ 0.48235
+2.00%
+6.84%
+38.27%
$ 204.34M
$ 1.95M
45
crvUSD
crvUSD
CRVUSD
$ 0.998713
-0.07%
+0.06%
-0.08%
$ 196.07M
$ 24.75M
46
Falcon Finance
Falcon Finance
FF
$ 0.06804
+1.30%
-3.94%
-13.63%
$ 193.00M
$ 972.16K
47
MIOTAC
MIOTAC
IOTA
$ 0.04134
-0.31%
-6.40%
-13.83%
$ 186.56M
$ 1.59M
48
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.11
0.00%
+0.03%
0.00%
$ 173.80M
$ 291.35K
49
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 95.64
+0.80%
-6.19%
-6.48%
$ 172.31M
$ 879.14K
50
Compound
Compound
COMP
$ 16.99
+0.23%
-5.84%
-5.00%
$ 170.67M
$ 3.80K

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.