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
$ 1,845.64
-0.15%
-0.72%
-1.94%
$ 16.57B
$ 31.14
2
Hyperliquid
Hyperliquid
HYPE
$ 53.2
+0.38%
+2.68%
-2.87%
$ 13.39B
$ 13.97K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,289.88
+0.28%
-0.00%
-1.77%
$ 8.42B
$ 1.71M
4
Chainlink
Chainlink
LINK
$ 8.214
-0.27%
-0.98%
-1.35%
$ 5.39B
$ 28.64K
5
UNISWAP
UNISWAP
UNI
$ 4.089
-0.25%
-3.05%
+5.07%
$ 2.53B
$ 38.07K
6
Ondo
Ondo
ONDO
$ 0.372
-0.23%
-3.73%
-6.38%
$ 1.80B
$ 1.05M
7
Aster
Aster
ASTER
$ 0.6012
0.00%
-0.17%
-3.27%
$ 1.62B
$ 466.68K
8
AaveToken
AaveToken
AAVE
$ 92.26
-0.26%
+0.86%
-5.61%
$ 1.42B
$ 2.09K
9
Sky Protocol
Sky Protocol
SKY
$ 0.05563
-0.11%
-0.75%
+0.38%
$ 1.29B
$ 994.22K
10
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
0.00%
0.00%
$ 1.07B
$ 1.42M
11
MORPHO
MORPHO
MORPHO
$ 1.9046
-0.77%
-2.01%
-3.47%
$ 953.53M
$ 46.63K
12
JUST
JUST
JST
$ 0.10588
-0.09%
+0.16%
+2.70%
$ 904.27M
$ 553.75K
13
Ethena
Ethena
ENA
$ 0.09015
-0.31%
+2.04%
+7.58%
$ 837.46M
$ 5.81M
14
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.55
+0.28%
-0.00%
-0.56%
$ 792.70M
$ 1.24M
15
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.07345
-0.14%
+1.37%
-0.43%
$ 783.40M
$ 1.74M
16
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 81.44
-0.21%
-0.01%
-1.12%
$ 736.51M
$ 412.69K
17
Jupiter
Jupiter
JUP
$ 0.1918
+0.10%
-1.64%
+4.87%
$ 635.84M
$ 548.34K
18
Lighter
Lighter
LIT
$ 2.0759
+0.42%
-0.05%
-4.20%
$ 516.28M
$ 122.82K
19
PancakeSwap
PancakeSwap
CAKE
$ 1.437
+0.14%
+0.77%
+5.27%
$ 506.33M
$ 181.04K
20
Injective
Injective
INJ
$ 4.951
+0.47%
+1.04%
+6.66%
$ 496.06M
$ 205.55K
21
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.39
-0.15%
-0.69%
-11.25%
$ 371.43M
$ 283.21K
22
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.3925
-0.08%
-2.86%
-4.16%
$ 347.16M
$ 2.57M
23
SUN
SUN
SUN
$ 0.017975
+0.06%
+0.17%
+1.54%
$ 345.87M
$ 4.02M
24
Staked USDai
Staked USDai
SUSDAI
$ 1.1
0.00%
0.00%
0.00%
$ 328.46M
$ 2.17M
25
Pyth Network
Pyth Network
PYTH
$ 0.0392
-0.03%
-2.19%
-7.85%
$ 308.86M
$ 5.92M
26
Curve
Curve
CRV
$ 0.2025
-0.05%
-1.22%
-4.75%
$ 306.98M
$ 1.03M
27
TIA
TIA
TIA
$ 0.3326
+0.55%
+1.13%
+0.98%
$ 304.50M
$ 565.92K
28
tBTC
tBTC
TBTC
$ 62,526
0.00%
-0.00%
-1.27%
$ 299.63M
$ 1.03M
29
SEI
SEI
SEI
$ 0.04126
+0.05%
-0.29%
-3.58%
$ 297.44M
$ 964.95K
30
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 1,964.58
+0.02%
-0.01%
-1.97%
$ 279.35M
$ 45.52K
31
Olympus
Olympus
OHM
$ 18.6
-0.27%
-0.00%
-0.16%
$ 277.31M
$ 124.25K
32
Terra Classic
Terra Classic
LUNC
$ 0.00005004
-0.24%
+1.80%
-0.34%
$ 275.30M
$ 3.45B
33
Lido DAO
Lido DAO
LDO
$ 0.3229
-0.19%
-0.65%
-17.05%
$ 271.48M
$ 299.54K
34
Gnosis
Gnosis
GNO
$ 102.86
-0.52%
-1.70%
-3.42%
$ 271.02M
$ 547.49
35
JITO
JITO
JTO
$ 0.4956
+0.61%
+1.74%
-9.83%
$ 239.78M
$ 153.20K
36
Pendle
Pendle
PENDLE
$ 1.359
-0.07%
-1.24%
-6.99%
$ 232.05M
$ 181.15K
37
Staked Aave
Staked Aave
STKAAVE
$ 91.17
-0.74%
+0.01%
-6.53%
$ 224.00M
$ 12.74K
38
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.12
0.00%
0.00%
0.00%
$ 218.99M
$ 29.15K
39
crvUSD
crvUSD
CRVUSD
$ 0.998826
-0.01%
0.00%
-0.01%
$ 211.24M
$ 6.90M
40
Bitway
Bitway
BTW
$ 0.095537
+0.75%
-0.57%
+19.61%
$ 204.45M
$ 9.70M
41
DEXE
DEXE
DEXE
$ 2.25
-0.18%
-5.53%
-31.66%
$ 188.90M
$ 180.24K
42
Falcon Finance
Falcon Finance
FF
$ 0.06425
-0.68%
-0.19%
+1.84%
$ 184.75M
$ 1.39M
43
Zebec Network
Zebec Network
ZBCN
$ 0.0018328
-0.36%
-1.15%
+0.81%
$ 183.40M
$ 97.20M
44
Maple Finance
Maple Finance
SYRUP
$ 0.15347
-0.03%
-0.27%
-8.18%
$ 182.87M
$ 405.75K
45
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 101.02
-0.15%
-0.00%
-0.87%
$ 171.10M
$ 674.99K
46
Velvet
Velvet
VELVET
$ 0.40272
+0.05%
+0.68%
-1.00%
$ 168.34M
$ 340.95K
47
BUILDon
BUILDon
B
$ 0.16791
-0.30%
+5.56%
-0.21%
$ 167.52M
$ 713.53K
48
Compound
Compound
COMP
$ 16.35
-0.18%
-0.97%
-0.79%
$ 163.50M
$ 3.33K
49
Raydium
Raydium
RAY
$ 0.6028
-0.08%
-0.87%
-0.82%
$ 162.08M
$ 92.51K
50
Telcoin
Telcoin
TEL
$ 0.001664
0.00%
-0.60%
-1.89%
$ 159.48M
$ 45.16M

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.