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
$ 64.22
-0.39%
-1.77%
-9.88%
$ 16.22B
$ 43.08K
2
Lido Staked ETH
Lido Staked ETH
STETH
$ 1,574.52
-0.02%
-0.25%
-9.60%
$ 14.14B
$ 37.07
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 1,947.81
-0.13%
+0.10%
-9.69%
$ 7.17B
$ 6.13M
4
LAB
LAB
LAB
$ 19.51414
+2.17%
+6.62%
+42.73%
$ 6.00B
$ 28.78K
5
Chainlink
Chainlink
LINK
$ 7.338
-0.16%
+0.45%
-8.54%
$ 4.81B
$ 226.93K
6
UNISWAP
UNISWAP
UNI
$ 2.98
0.00%
+2.73%
-1.56%
$ 1.85B
$ 68.71K
7
DEXE
DEXE
DEXE
$ 20.95
+3.82%
-6.02%
+39.77%
$ 1.80B
$ 8.09K
8
Aster
Aster
ASTER
$ 0.6304
-0.32%
+1.12%
-2.75%
$ 1.70B
$ 2.20M
9
Ondo
Ondo
ONDO
$ 0.3171
-0.25%
+0.62%
-8.44%
$ 1.54B
$ 797.30K
10
AaveToken
AaveToken
AAVE
$ 96.05
+1.25%
+14.57%
+23.46%
$ 1.46B
$ 17.35K
11
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.17
0.00%
-0.00%
0.00%
$ 1.29B
$ 20.63M
12
Sky Protocol
Sky Protocol
SKY
$ 0.04997
-0.08%
-3.12%
-14.08%
$ 1.16B
$ 1.08M
13
MORPHO
MORPHO
MORPHO
$ 1.7569
-1.05%
+2.24%
-4.82%
$ 873.22M
$ 60.99K
14
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.42
-0.29%
+3.44%
-2.56%
$ 768.30M
$ 7.06M
15
Jupiter
Jupiter
JUP
$ 0.2293
+0.57%
+3.29%
+8.82%
$ 761.68M
$ 1.39M
16
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.07158
-0.06%
-1.15%
-10.84%
$ 760.05M
$ 3.38M
17
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 79.95
-0.76%
+7.17%
-2.43%
$ 737.51M
$ 2.36M
18
Ethena
Ethena
ENA
$ 0.07944
-0.45%
-4.42%
-11.69%
$ 735.69M
$ 16.86M
19
JUST
JUST
JST
$ 0.08183
-0.12%
+0.69%
-2.13%
$ 699.48M
$ 762.97K
20
Injective
Injective
INJ
$ 4.836
+0.74%
+11.84%
-5.45%
$ 478.76M
$ 784.04K
21
PancakeSwap
PancakeSwap
CAKE
$ 1.342
+0.07%
+1.28%
-2.83%
$ 471.85M
$ 364.30K
22
Lighter
Lighter
LIT
$ 1.8296
-0.14%
+11.22%
+15.69%
$ 452.50M
$ 106.25K
23
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.473
-0.19%
-1.39%
-14.46%
$ 451.83M
$ 657.85K
24
JITO
JITO
JTO
$ 0.827
-3.73%
+19.09%
+23.41%
$ 404.06M
$ 498.43K
25
SEI
SEI
SEI
$ 0.05353
+0.36%
-6.91%
-2.84%
$ 383.12M
$ 4.81M
26
Terra Classic
Terra Classic
LUNC
$ 0.00006427
+0.11%
+4.35%
-6.85%
$ 353.20M
$ 3.88B
27
TIA
TIA
TIA
$ 0.3791
-0.52%
+6.04%
+1.42%
$ 348.65M
$ 2.91M
28
SUN
SUN
SUN
$ 0.016755
+0.26%
-0.69%
-2.75%
$ 322.51M
$ 7.59M
29
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.3587
-0.78%
-5.32%
+3.05%
$ 315.19M
$ 9.11M
30
tBTC
tBTC
TBTC
$ 59,831
-0.06%
-0.29%
-6.65%
$ 299.58M
$ 9.95M
31
Staked USDai
Staked USDai
SUSDAI
$ 1.092
0.00%
-0.00%
+0.09%
$ 297.44M
$ 4.18M
32
Curve
Curve
CRV
$ 0.1934
-0.57%
-0.46%
-10.32%
$ 292.57M
$ 2.37M
33
Velvet
Velvet
VELVET
$ 0.70298
-0.97%
+30.18%
+39.10%
$ 280.33M
$ 4.90M
34
Gnosis
Gnosis
GNO
$ 104.47
-0.26%
+0.67%
-3.68%
$ 275.46M
$ 609.18
35
Pyth Network
Pyth Network
PYTH
$ 0.03404
-1.38%
+5.21%
-6.10%
$ 270.19M
$ 10.38M
36
B
B
B
$ 0.23773
-0.52%
+13.24%
+4.90%
$ 238.85M
$ 595.62K
37
Olympus
Olympus
OHM
$ 15.93
-0.44%
+0.64%
-0.56%
$ 238.19M
$ 6.63K
38
Zebec Network
Zebec Network
ZBCN
$ 0.0023865
-0.80%
-0.29%
-4.57%
$ 237.89M
$ 50.42M
39
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 1,678.19
-0.13%
-0.27%
-9.15%
$ 226.92M
$ 32.77K
40
Telcoin
Telcoin
TEL
$ 0.002355
+0.09%
-0.59%
-1.51%
$ 226.16M
$ 37.15M
41
ETHGAS
ETHGAS
GWEI
$ 0.1285
+0.42%
+4.32%
+20.02%
$ 224.33M
$ 125.42K
42
Pendle
Pendle
PENDLE
$ 1.277
+0.08%
+2.25%
-10.69%
$ 217.01M
$ 338.89K
43
Bitway
Bitway
BTW
$ 0.098558
+0.60%
-3.90%
-27.73%
$ 211.43M
$ 104.94M
44
Lido DAO
Lido DAO
LDO
$ 0.2492
-0.32%
+0.77%
-10.66%
$ 209.11M
$ 452.66K
45
Staked Aave
Staked Aave
STKAAVE
$ 93.08
+0.04%
+14.00%
+22.98%
$ 201.71M
$ 22.74K
46
Falcon Finance
Falcon Finance
FF
$ 0.06615
-0.30%
-1.94%
-7.51%
$ 190.24M
$ 867.60K
47
Plasma
Plasma
XPL
$ 0.10366
-0.03%
-1.55%
+8.88%
$ 186.52M
$ 18.32M
48
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.11
0.00%
+0.02%
0.00%
$ 180.96M
$ 63.19K
49
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 99.37
-0.58%
+7.66%
-2.03%
$ 178.82M
$ 1.43M
50
MIOTAC
MIOTAC
IOTA
$ 0.03845
-0.21%
+2.09%
-14.28%
$ 173.58M
$ 1.74M

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.