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
Lido Staked ETH
Lido Staked ETH
STETH
$ 2,509.67
+0.09%
+0.51%
-8.35%
$ 24.29B
$ 20.78
2
Hyperliquid
Hyperliquid
HYPE
$ 85.57
-0.04%
+1.24%
-5.72%
$ 21.71B
$ 6.19K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 3,121.88
+0.13%
+0.01%
-8.27%
$ 11.54B
$ 3.22M
4
Chainlink
Chainlink
LINK
$ 13.072
+0.33%
+1.27%
-8.24%
$ 8.56B
$ 24.42K
5
UNISWAP
UNISWAP
UNI
$ 7.641
+0.30%
+2.99%
-17.24%
$ 4.76B
$ 63.43K
6
Bitway
Bitway
BTW
$ 1.594697
+1.02%
+1.21%
+33.26%
$ 4.67B
$ 450.77K
7
Ethena
Ethena
ENA
$ 0.22376
+0.08%
+0.15%
-8.04%
$ 2.96B
$ 91.77M
8
AaveToken
AaveToken
AAVE
$ 169.19
+0.54%
-1.30%
-6.78%
$ 2.61B
$ 1.43K
9
Ondo
Ondo
ONDO
$ 0.4935
-0.47%
+0.11%
-2.14%
$ 2.39B
$ 820.14K
10
Aster
Aster
ASTER
$ 0.7143
-0.08%
-0.74%
-0.63%
$ 1.93B
$ 1.06M
11
Sky Protocol
Sky Protocol
SKY
$ 0.07725
+0.09%
+0.30%
-19.42%
$ 1.81B
$ 893.72K
12
MORPHO
MORPHO
MORPHO
$ 2.4267
-0.16%
+0.66%
-11.44%
$ 1.29B
$ 42.65K
13
Jupiter
Jupiter
JUP
$ 0.3589
+0.11%
-5.76%
+7.69%
$ 1.19B
$ 1.49M
14
JUST
JUST
JST
$ 0.13917
+0.51%
-2.89%
-1.22%
$ 1.13B
$ 636.45K
15
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 124.59
-0.04%
+0.00%
-9.53%
$ 1.13B
$ 410.43K
16
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.10239
-0.17%
+1.01%
-7.29%
$ 1.08B
$ 1.93M
17
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.19
0.00%
0.00%
0.00%
$ 1.06B
$ 7.10M
18
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.9465
+0.38%
+16.71%
+9.00%
$ 946.38M
$ 10.10M
19
Lighter
Lighter
LIT
$ 3.6358
-0.19%
+1.02%
-1.60%
$ 906.98M
$ 1.62M
20
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 4.65
0.00%
+0.00%
-5.49%
$ 894.80M
$ 1.37M
21
PancakeSwap
PancakeSwap
CAKE
$ 2.265
+0.35%
+2.21%
-11.03%
$ 810.36M
$ 539.69K
22
Injective
Injective
INJ
$ 7.714
-1.37%
+10.59%
+0.99%
$ 775.47M
$ 488.71K
23
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.6991
-0.26%
+0.09%
-8.60%
$ 661.46M
$ 4.86M
24
Raydium
Raydium
RAY
$ 2.3308
+0.96%
+1.65%
+12.89%
$ 641.82M
$ 89.75K
25
Pyth Network
Pyth Network
PYTH
$ 0.07872
-0.27%
-3.71%
-1.47%
$ 612.36M
$ 9.56M
26
Curve
Curve
CRV
$ 0.359
-0.08%
-1.49%
-7.15%
$ 560.76M
$ 1.23M
27
TIA
TIA
TIA
$ 0.6271
+0.15%
+23.85%
+24.08%
$ 553.25M
$ 7.56M
28
Derive
Derive
DRV
$ 0.526679
-1.34%
-0.05%
+28.82%
$ 526.92M
$ 39.15M
29
SEI
SEI
SEI
$ 0.06839
-0.19%
+1.72%
-7.65%
$ 516.64M
$ 3.15M
30
Staked USDai
Staked USDai
SUSDAI
$ 1.12
0.00%
0.00%
0.00%
$ 480.14M
$ 2.44M
31
Staked Aave
Staked Aave
STKAAVE
$ 168.59
+0.27%
+0.01%
-6.21%
$ 418.68M
$ 1.91K
32
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.14
0.00%
0.00%
0.00%
$ 411.78M
$ 2.08K
33
Plasma
Plasma
XPL
$ 0.08799
+0.06%
+0.01%
-9.74%
$ 395.13M
$ 4.16M
34
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,698.06
+0.10%
+0.01%
-8.23%
$ 392.68M
$ 31.71K
35
Pendle
Pendle
PENDLE
$ 2.207
+0.32%
+3.15%
-10.74%
$ 381.40M
$ 198.39K
36
Falcon Finance
Falcon Finance
FF
$ 0.10864
+0.33%
+0.48%
-7.28%
$ 362.96M
$ 736.48K
37
Lido DAO
Lido DAO
LDO
$ 0.4317
-0.05%
-0.65%
-8.41%
$ 355.97M
$ 608.20K
38
tBTC
tBTC
TBTC
$ 82,932
+0.16%
+0.00%
-4.24%
$ 340.04M
$ 259.03K
39
SUN
SUN
SUN
$ 0.016875
+0.02%
+0.18%
-2.59%
$ 323.99M
$ 14.20M
40
Gnosis
Gnosis
GNO
$ 115.94
-0.07%
-0.01%
-4.38%
$ 304.94M
$ 515.28
41
Olympus
Olympus
OHM
$ 20.0
-0.05%
-0.00%
-1.43%
$ 298.81M
$ 52.77K
42
JITO
JITO
JTO
$ 0.5559
+0.04%
+4.56%
-3.89%
$ 290.58M
$ 136.96K
43
Terra Classic
Terra Classic
LUNC
$ 0.00005159
+0.02%
-1.02%
-3.32%
$ 284.21M
$ 1.86B
44
Maple Finance
Maple Finance
SYRUP
$ 0.2344
-0.08%
+1.08%
-8.72%
$ 279.38M
$ 298.35K
45
Compound
Compound
COMP
$ 24.85
-0.16%
+1.93%
-3.09%
$ 247.90M
$ 2.60K
46
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 154.95
+0.12%
+0.00%
-9.24%
$ 246.52M
$ 1.18M
47
MIOTAC
MIOTAC
IOTA
$ 0.05155
+0.12%
-3.04%
-13.43%
$ 240.06M
$ 1.67M
48
Zebec Network
Zebec Network
ZBCN
$ 0.0022933
+0.70%
+3.06%
-8.74%
$ 231.61M
$ 74.52M
49
THORChain
THORChain
RUNE
$ 0.685
+0.29%
-1.68%
-14.22%
$ 225.00M
$ 417.56K
50
Spiko Amundi Overnight Swap Fund
Spiko Amundi Overnight Swap Fund
SAFO
$ 1.024
0.00%
0.00%
+0.10%
$ 220.29M
--

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.