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
$ 66.19
-1.89%
-5.41%
-8.50%
$ 16.68B
$ 27.96K
2
Lido Staked ETH
Lido Staked ETH
STETH
$ 1,738.45
-0.41%
-0.17%
-1.69%
$ 15.56B
$ 31.41
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,145.74
+0.37%
-0.54%
-1.49%
$ 7.76B
$ 7.17M
4
Chainlink
Chainlink
LINK
$ 7.919
-0.49%
-0.77%
-4.10%
$ 5.17B
$ 96.41K
5
LAB
LAB
LAB
$ 14.99864
-2.61%
+3.27%
+47.44%
$ 4.56B
$ 130.38K
6
UNISWAP
UNISWAP
UNI
$ 3.018
-0.73%
+1.21%
+4.08%
$ 1.87B
$ 70.05K
7
Aster
Aster
ASTER
$ 0.6308
-0.83%
-2.77%
-5.76%
$ 1.71B
$ 1.74M
8
Ondo
Ondo
ONDO
$ 0.33622
-0.60%
-1.08%
-10.42%
$ 1.63B
$ 1.65M
9
Sky Protocol
Sky Protocol
SKY
$ 0.05953
-0.32%
+1.84%
+3.40%
$ 1.38B
$ 1.06M
10
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.17
0.00%
+0.00%
0.00%
$ 1.30B
$ 1.78M
11
AaveToken
AaveToken
AAVE
$ 75.78
0.00%
-0.66%
+1.58%
$ 1.16B
$ 3.52K
12
DEXE
DEXE
DEXE
$ 13.641
-0.07%
-7.22%
-30.20%
$ 1.14B
$ 9.00K
13
MORPHO
MORPHO
MORPHO
$ 1.8112
-0.50%
-1.37%
-6.65%
$ 906.87M
$ 38.98K
14
Ethena
Ethena
ENA
$ 0.09285
-0.29%
+3.59%
+7.17%
$ 860.04M
$ 6.90M
15
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.07934
-0.36%
+0.04%
+2.11%
$ 845.98M
$ 1.95M
16
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.51
-0.28%
-0.26%
-0.57%
$ 804.17M
$ 3.17M
17
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 82.22
+0.23%
-0.25%
+0.06%
$ 763.34M
$ 855.34K
18
JUST
JUST
JST
$ 0.08387
0.00%
+1.02%
+5.60%
$ 716.48M
$ 628.72K
19
Jupiter
Jupiter
JUP
$ 0.2103
-0.84%
-1.16%
+8.11%
$ 707.89M
$ 1.88M
20
Injective
Injective
INJ
$ 4.905
-1.09%
-3.09%
-12.74%
$ 489.66M
$ 292.17K
21
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.5106
-1.04%
-6.83%
+18.68%
$ 489.55M
$ 369.70K
22
PancakeSwap
PancakeSwap
CAKE
$ 1.374
-0.58%
-1.79%
-2.07%
$ 482.40M
$ 228.42K
23
Lighter
Lighter
LIT
$ 1.6223
-1.50%
+2.22%
-5.15%
$ 405.75M
$ 119.88K
24
SEI
SEI
SEI
$ 0.05494
-0.58%
-1.19%
+1.71%
$ 395.32M
$ 1.70M
25
Terra Classic
Terra Classic
LUNC
$ 0.0000663
-1.19%
-2.63%
-6.58%
$ 366.00M
$ 2.65B
26
TIA
TIA
TIA
$ 0.3759
-0.99%
+1.50%
-0.77%
$ 341.76M
$ 1.13M
27
SUN
SUN
SUN
$ 0.017293
-0.13%
-0.08%
+1.69%
$ 332.16M
$ 5.35M
28
tBTC
tBTC
TBTC
$ 63,888
-0.27%
-0.66%
-3.03%
$ 317.67M
$ 3.34M
29
JITO
JITO
JTO
$ 0.6446
-1.10%
-6.98%
-14.56%
$ 314.30M
$ 353.61K
30
Curve
Curve
CRV
$ 0.2071
-0.24%
-3.58%
-15.98%
$ 314.26M
$ 2.13M
31
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.3469
-0.80%
-0.57%
+2.55%
$ 304.80M
$ 3.80M
32
Staked USDai
Staked USDai
SUSDAI
$ 1.091
0.00%
+0.01%
0.00%
$ 292.95M
$ 1.41M
33
Pyth Network
Pyth Network
PYTH
$ 0.03627
-0.58%
-0.17%
-8.24%
$ 284.84M
$ 8.63M
34
Gnosis
Gnosis
GNO
$ 107.09
-0.20%
-1.28%
+1.27%
$ 282.37M
$ 554.85
35
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 1,827.96
0.00%
-0.97%
-3.00%
$ 246.95M
$ 14.95
36
Pendle
Pendle
PENDLE
$ 1.426
-1.18%
-3.52%
+4.39%
$ 243.84M
$ 437.22K
37
Zebec Network
Zebec Network
ZBCN
$ 0.0024249
-0.42%
-1.43%
-10.74%
$ 242.30M
$ 52.60M
38
Olympus
Olympus
OHM
$ 15.94
+0.38%
-0.06%
-1.18%
$ 238.24M
$ 110.77K
39
Telcoin
Telcoin
TEL
$ 0.0024
-0.33%
+0.29%
-5.29%
$ 230.39M
$ 41.27M
40
Lido DAO
Lido DAO
LDO
$ 0.2703
-0.63%
-2.21%
-0.88%
$ 227.31M
$ 472.29K
41
B
B
B
$ 0.22018
+0.32%
-2.83%
-19.33%
$ 220.10M
$ 318.15K
42
crvUSD
crvUSD
CRVUSD
$ 0.998656
0.00%
-0.02%
-0.10%
$ 207.48M
$ 8.51M
43
Velvet
Velvet
VELVET
$ 0.49841
+1.37%
+0.28%
+26.90%
$ 206.73M
$ 2.21M
44
Bitway
Bitway
BTW
$ 0.092182
-4.74%
-9.26%
+27.46%
$ 204.90M
$ 62.29M
45
Falcon Finance
Falcon Finance
FF
$ 0.07085
-0.17%
-1.08%
-1.69%
$ 203.64M
$ 774.90K
46
MIOTAC
MIOTAC
IOTA
$ 0.0447
-0.49%
-1.21%
-10.35%
$ 198.77M
$ 1.33M
47
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 101.79
-0.13%
-0.08%
-0.23%
$ 183.58M
$ 1.08M
48
ETHGAS
ETHGAS
GWEI
$ 0.10377
0.00%
-3.15%
-28.32%
$ 182.21M
$ 126.44K
49
Compound
Compound
COMP
$ 18.06
-0.77%
+0.67%
+0.67%
$ 179.96M
$ 3.55K
50
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.11
0.00%
+0.03%
0.00%
$ 168.90M
$ 489.94K

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.