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
$ 72.26
-0.13%
+10.07%
+28.55%
$ 18.20B
$ 66.34K
2
Lido Staked ETH
Lido Staked ETH
STETH
$ 1,770.93
+0.20%
+2.59%
+7.56%
$ 15.86B
$ 30.93
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,181.46
+0.15%
+2.31%
+7.49%
$ 7.80B
$ 51.08M
4
Chainlink
Chainlink
LINK
$ 8.257
+0.18%
+0.57%
+5.57%
$ 5.41B
$ 175.01K
5
LAB
LAB
LAB
$ 10.03679
-0.12%
-6.09%
+8.10%
$ 3.09B
$ 32.29K
6
UNISWAP
UNISWAP
UNI
$ 2.932
+1.52%
+12.84%
+18.82%
$ 1.83B
$ 140.51K
7
Ondo
Ondo
ONDO
$ 0.37314
-0.14%
-1.59%
+6.36%
$ 1.81B
$ 3.37M
8
Aster
Aster
ASTER
$ 0.6562
-2.72%
+3.38%
+4.76%
$ 1.77B
$ 3.90M
9
DEXE
DEXE
DEXE
$ 19.08
-0.14%
+2.22%
-0.09%
$ 1.63B
$ 4.53K
10
Sky Protocol
Sky Protocol
SKY
$ 0.0576
+0.17%
+2.28%
+4.18%
$ 1.34B
$ 1.18M
11
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.17
0.00%
+0.00%
0.00%
$ 1.32B
$ 1.86M
12
AaveToken
AaveToken
AAVE
$ 74.77
+0.50%
+6.46%
+20.09%
$ 1.15B
$ 14.01K
13
MORPHO
MORPHO
MORPHO
$ 1.9352
+0.11%
-2.88%
+0.01%
$ 972.56M
$ 44.54K
14
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.07809
+0.18%
+0.69%
+3.10%
$ 829.99M
$ 3.38M
15
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 82.32
+0.18%
+3.44%
+14.37%
$ 806.29M
$ 4.76M
16
Ethena
Ethena
ENA
$ 0.0859
+0.28%
+1.33%
+8.24%
$ 804.75M
$ 10.97M
17
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.54
+0.28%
+1.55%
+8.26%
$ 799.13M
$ 4.88M
18
JUST
JUST
JST
$ 0.0799
+0.30%
+2.88%
-2.33%
$ 680.51M
$ 902.56K
19
Jupiter
Jupiter
JUP
$ 0.2009
+0.81%
+6.94%
+30.96%
$ 660.08M
$ 2.27M
20
Injective
Injective
INJ
$ 5.78
+0.66%
+7.01%
+6.85%
$ 564.84M
$ 701.28K
21
PancakeSwap
PancakeSwap
CAKE
$ 1.406
-0.14%
+0.72%
+5.99%
$ 491.90M
$ 403.98K
22
Lighter
Lighter
LIT
$ 1.7537
+1.11%
+2.23%
+15.52%
$ 432.53M
$ 221.06K
23
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.4447
+1.22%
+12.53%
+32.58%
$ 417.53M
$ 286.06K
24
Terra Classic
Terra Classic
LUNC
$ 0.00007092
-0.18%
-1.54%
+2.12%
$ 391.04M
$ 2.83B
25
SEI
SEI
SEI
$ 0.05339
-0.15%
-2.33%
+12.89%
$ 388.10M
$ 2.16M
26
Curve
Curve
CRV
$ 0.2471
-0.12%
+4.06%
+18.93%
$ 373.57M
$ 3.15M
27
JITO
JITO
JTO
$ 0.7691
0.00%
+23.37%
+24.12%
$ 367.86M
$ 1.32M
28
TIA
TIA
TIA
$ 0.3756
+0.53%
+3.18%
+17.30%
$ 346.26M
$ 2.42M
29
tBTC
tBTC
TBTC
$ 66,131
+0.37%
+0.23%
+7.30%
$ 332.08M
$ 12.27M
30
SUN
SUN
SUN
$ 0.016977
+0.05%
-0.42%
-1.28%
$ 326.82M
$ 11.64M
31
Pyth Network
Pyth Network
PYTH
$ 0.03952
-0.38%
-0.81%
+25.18%
$ 309.25M
$ 11.79M
32
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.3379
-0.06%
-0.03%
+10.92%
$ 297.05M
$ 7.02M
33
Staked USDai
Staked USDai
SUSDAI
$ 1.09
-0.09%
-0.15%
+0.09%
$ 290.93M
$ 1.11M
34
Gnosis
Gnosis
GNO
$ 106.05
+0.23%
-3.16%
+11.44%
$ 279.47M
$ 608.95
35
Zebec Network
Zebec Network
ZBCN
$ 0.0026983
+0.39%
-0.60%
+8.65%
$ 272.51M
$ 66.82M
36
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 1,972.8
+4.68%
+3.52%
+13.78%
$ 267.21M
$ 54.40
37
ETHGAS
ETHGAS
GWEI
$ 0.14356
+2.44%
+6.04%
-16.00%
$ 260.40M
$ 334.35K
38
B
B
B
$ 0.24213
-10.70%
+3.42%
+9.08%
$ 243.65M
$ 618.74K
39
Telcoin
Telcoin
TEL
$ 0.002529
-0.32%
+2.06%
+7.59%
$ 242.49M
$ 50.73M
40
Olympus
Olympus
OHM
$ 16.13
0.00%
-1.53%
-3.06%
$ 241.49M
$ 48.10K
41
Pendle
Pendle
PENDLE
$ 1.392
+1.61%
-0.29%
+15.94%
$ 237.34M
$ 420.98K
42
Lido DAO
Lido DAO
LDO
$ 0.274
+0.29%
+0.48%
+4.76%
$ 230.01M
$ 607.60K
43
MIOTAC
MIOTAC
IOTA
$ 0.04951
-0.28%
+3.45%
+8.87%
$ 221.09M
$ 1.22M
44
crvUSD
crvUSD
CRVUSD
$ 0.999642
0.00%
+0.03%
+0.06%
$ 208.28M
$ 26.95M
45
Falcon Finance
Falcon Finance
FF
$ 0.07207
-0.01%
+0.19%
-8.14%
$ 207.12M
$ 999.44K
46
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 102.22
+0.20%
+3.71%
+14.49%
$ 184.69M
$ 1.19M
47
Compound
Compound
COMP
$ 18.05
+0.06%
-0.39%
-0.72%
$ 178.86M
$ 3.72K
48
Velvet
Velvet
VELVET
$ 0.42894
+9.31%
+25.28%
+3.26%
$ 178.08M
$ 4.41M
49
Plasma
Plasma
XPL
$ 0.09427
-0.21%
+5.69%
+45.45%
$ 171.38M
$ 11.02M
50
Maple Finance
Maple Finance
SYRUP
$ 0.14221
+0.20%
+1.98%
+9.10%
$ 170.74M
$ 469.21K

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.