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
Lido Staked ETH
Lido Staked ETH
STETH
$ 1,870.1
+0.06%
-0.20%
-2.22%
$ 16.80B
$ 31.24
2
Hyperliquid
Hyperliquid
HYPE
$ 54.72
-0.46%
+3.60%
-1.00%
$ 13.80B
$ 22.27K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,307.18
-0.50%
-0.00%
-2.35%
$ 8.47B
$ 10.06M
4
Chainlink
Chainlink
LINK
$ 8.257
-0.05%
-1.02%
-1.01%
$ 5.42B
$ 29.75K
5
UNISWAP
UNISWAP
UNI
$ 3.917
+0.77%
-5.75%
+1.60%
$ 2.45B
$ 77.25K
6
Ondo
Ondo
ONDO
$ 0.37627
-0.04%
-2.88%
-6.50%
$ 1.83B
$ 1.26M
7
Aster
Aster
ASTER
$ 0.6033
-0.02%
-0.05%
-2.92%
$ 1.63B
$ 605.50K
8
AaveToken
AaveToken
AAVE
$ 93.7
+0.27%
+0.68%
-7.63%
$ 1.44B
$ 1.65K
9
Sky Protocol
Sky Protocol
SKY
$ 0.05645
-0.11%
-0.12%
+0.14%
$ 1.31B
$ 1.02M
10
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
0.00%
0.00%
$ 1.07B
$ 4.56M
11
MORPHO
MORPHO
MORPHO
$ 1.9354
+0.83%
-0.13%
-3.68%
$ 971.71M
$ 46.79K
12
JUST
JUST
JST
$ 0.1053
+0.19%
-0.98%
+5.58%
$ 899.91M
$ 557.66K
13
Ethena
Ethena
ENA
$ 0.09266
-0.26%
+4.46%
+11.01%
$ 863.85M
$ 6.54M
14
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.58
+0.28%
+0.00%
-0.28%
$ 800.44M
$ 1.84M
15
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.07271
-0.56%
+0.07%
+1.04%
$ 778.70M
$ 2.04M
16
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 82.7
+0.41%
+0.00%
-0.22%
$ 747.95M
$ 391.15K
17
Jupiter
Jupiter
JUP
$ 0.194
+0.63%
-1.98%
+2.50%
$ 639.49M
$ 788.26K
18
Lighter
Lighter
LIT
$ 2.0695
-0.32%
+0.72%
-9.89%
$ 514.53M
$ 126.88K
19
PancakeSwap
PancakeSwap
CAKE
$ 1.44
-0.07%
+0.14%
+5.03%
$ 507.03M
$ 182.80K
20
Injective
Injective
INJ
$ 4.999
+0.02%
-1.66%
+8.95%
$ 497.96M
$ 220.08K
21
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.4045
+0.15%
+2.05%
-7.40%
$ 383.81M
$ 270.54K
22
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.401
+0.40%
-1.07%
-3.92%
$ 351.56M
$ 3.03M
23
Staked USDai
Staked USDai
SUSDAI
$ 1.1
0.00%
0.00%
0.00%
$ 349.20M
$ 3.07M
24
SUN
SUN
SUN
$ 0.01799
+0.04%
+0.05%
+1.86%
$ 345.89M
$ 4.26M
25
TIA
TIA
TIA
$ 0.3406
-0.32%
+2.99%
+2.99%
$ 313.33M
$ 794.01K
26
Curve
Curve
CRV
$ 0.2059
-0.05%
+0.63%
-3.64%
$ 312.75M
$ 1.13M
27
Pyth Network
Pyth Network
PYTH
$ 0.03956
+0.46%
-1.35%
-4.85%
$ 310.27M
$ 5.92M
28
tBTC
tBTC
TBTC
$ 63,858
+0.14%
+0.01%
+0.38%
$ 306.04M
$ 2.17M
29
SEI
SEI
SEI
$ 0.04155
+0.05%
+0.48%
-3.49%
$ 299.54M
$ 1.31M
30
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 1,992.09
+0.17%
+0.00%
-1.32%
$ 283.34M
$ 31.79K
31
Olympus
Olympus
OHM
$ 18.74
-0.05%
+0.01%
+0.97%
$ 279.91M
$ 147.99K
32
Terra Classic
Terra Classic
LUNC
$ 0.00005047
-0.81%
+0.14%
-0.83%
$ 276.18M
$ 4.28B
33
Gnosis
Gnosis
GNO
$ 104.23
-0.34%
-0.24%
-2.76%
$ 275.14M
$ 561.59
34
Lido DAO
Lido DAO
LDO
$ 0.3229
+0.28%
-0.67%
-13.70%
$ 272.99M
$ 319.09K
35
JITO
JITO
JTO
$ 0.5006
+1.14%
+1.49%
-8.91%
$ 241.08M
$ 149.87K
36
Pendle
Pendle
PENDLE
$ 1.377
+0.22%
+0.36%
-6.11%
$ 236.49M
$ 170.94K
37
Bitway
Bitway
BTW
$ 0.109593
+0.77%
+29.45%
+13.89%
$ 229.52M
$ 8.84M
38
Staked Aave
Staked Aave
STKAAVE
$ 93.0
+0.97%
+0.03%
-7.46%
$ 228.55M
$ 5.36K
39
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.12
0.00%
0.00%
0.00%
$ 219.05M
$ 28.90K
40
crvUSD
crvUSD
CRVUSD
$ 0.999058
-0.01%
0.00%
+0.02%
$ 211.22M
$ 7.15M
41
DEXE
DEXE
DEXE
$ 2.243
+0.63%
-9.59%
-26.87%
$ 186.39M
$ 199.41K
42
Maple Finance
Maple Finance
SYRUP
$ 0.15675
-0.12%
+0.45%
-6.87%
$ 185.12M
$ 384.82K
43
Zebec Network
Zebec Network
ZBCN
$ 0.0018165
-0.37%
-4.14%
+0.71%
$ 180.47M
$ 114.84M
44
Falcon Finance
Falcon Finance
FF
$ 0.06388
+0.22%
-3.52%
-3.02%
$ 179.89M
$ 1.73M
45
Velvet
Velvet
VELVET
$ 0.42821
+0.49%
+3.89%
+4.48%
$ 175.22M
$ 500.61K
46
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 102.61
+0.44%
+0.00%
-0.22%
$ 173.71M
$ 991.65K
47
BUILDon
BUILDon
B
$ 0.16623
-0.30%
+1.58%
-4.29%
$ 166.16M
$ 731.91K
48
Raydium
Raydium
RAY
$ 0.6099
+0.13%
-0.33%
+0.56%
$ 163.67M
$ 91.09K
49
Telcoin
Telcoin
TEL
$ 0.001708
0.00%
+2.60%
-3.30%
$ 163.33M
$ 49.75M
50
Compound
Compound
COMP
$ 16.46
-0.12%
-0.73%
-1.45%
$ 163.30M
$ 3.36K

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.