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
601
MerlinSwap
MerlinSwap
MP
$ 0.00011882
0.00%
-0.00%
-1.44%
$ 374.28K
$ 1.60K
602
JACK
JACK
JACK
$ 0.00413994
0.00%
--
-8.70%
$ 374.21K
$ 3.00
603
FlowX Finance
FlowX Finance
FLX
$ 0.056177
-0.17%
-0.03%
-8.67%
$ 373.11K
$ 132.91
604
Whales Market
Whales Market
WHALES
$ 0.00892554
+0.04%
-0.04%
-9.84%
$ 371.97K
$ 638.88
605
Swappy
Swappy
SWAPPY
$ 0.00036757
-2.77%
-0.08%
+27.05%
$ 367.63K
$ 21.89K
606
Metaverse Index
Metaverse Index
MVI
$ 3.89
0.00%
-0.03%
-6.04%
$ 363.28K
$ 30.62
607
Forty Two DAO Token
Forty Two DAO Token
FTD
$ 0.00362472
0.00%
-0.02%
+3.20%
$ 362.47K
$ 30.79
608
Unifi Protocol DAO
Unifi Protocol DAO
UNFI
$ 0.0357243
0.00%
+0.00%
-3.22%
$ 357.25K
$ 329.82
609
Levana
Levana
LVN
$ 0.00044512
-0.52%
+0.08%
-14.09%
$ 357.03K
$ 92.69
610
Hive AI
Hive AI
BUZZ
$ 0.00035291
+0.02%
-0.05%
-5.47%
$ 352.85K
$ 537.98
611
Mintlayer
Mintlayer
ML
$ 0.005476
0.00%
+0.38%
-8.00%
$ 352.77K
$ 3.04M
612
Shade Protocol
Shade Protocol
SHD
$ 0.064581
0.00%
--
0.00%
$ 348.30K
$ 8.77K
613
Plutus
Plutus
PLUTUS
$ 0.00444497
0.00%
--
+10.42%
$ 347.88K
$ 1.63
614
Ouroboros
Ouroboros
ORX
$ 0.0006129
-2.96%
+0.04%
+8.01%
$ 342.74K
$ 10.68K
615
xBONZO
xBONZO
XBONZO
$ 0.00890442
0.00%
--
-2.05%
$ 342.19K
$ 185.47
616
Pineapple
Pineapple
PAPPLE
$ 0.00035554
+0.07%
-0.03%
-13.65%
$ 331.72K
$ 94.75
617
Ratehopper AI
Ratehopper AI
ROO
$ 0.00104278
0.00%
--
-4.91%
$ 325.79K
$ 25.22
618
Bent Finance
Bent Finance
BENT
$ 0.02539915
+0.09%
-0.02%
-5.12%
$ 320.23K
$ 168.94
619
Kyros
Kyros
KYROS
$ 0.01385804
-0.31%
-0.07%
-4.28%
$ 319.10K
$ 274.08
620
Topaz
Topaz
TOPAZ
$ 0.00305978
-0.26%
-0.17%
-39.08%
$ 316.19K
$ 13.70K
621
Hyperstable
Hyperstable
PEG
$ 0.00113246
0.00%
-0.00%
-1.86%
$ 315.55K
$ 458.68
622
Deri Protocol
Deri Protocol
DERI
$ 0.0006664
+0.06%
-0.04%
-20.79%
$ 311.89K
$ 92.95
623
LEEK
LEEK
LEEK
$ 0.00033955
0.00%
0.00%
-1.07%
$ 310.09K
$ 5.01
624
Flamingo Finance
Flamingo Finance
FLM
$ 0.00053932
0.00%
--
0.00%
$ 307.28K
$ 47.19K
625
SmartCredit
SmartCredit
SMARTCREDIT
$ 0.134646
0.00%
--
+2.00%
$ 303.17K
$ 2.17
626
Rari Governance
Rari Governance
RGT
$ 0.02419964
0.00%
--
0.00%
$ 302.13K
$ 2.31
627
XWIN Capital
XWIN Capital
XWIN
$ 0.01742818
-0.06%
-0.00%
-0.66%
$ 300.85K
$ 44.03K
628
USDZ
USDZ
USDZ
$ 0.99605
0.00%
--
0.00%
$ 298.81K
$ 5.86
629
Demex
Demex
DMX
$ 0.00017064
+0.30%
--
-4.27%
$ 293.60K
$ 13.48
630
Polkamarkets
Polkamarkets
POLK
$ 0.00290239
+0.06%
-0.04%
-7.42%
$ 290.25K
$ 3.13K
631
Terraport
Terraport
TERRA
$ 0.001
0.00%
--
0.00%
$ 284.72K
$ 167.32
632
Blend
Blend
BLND
$ 0.00418295
-0.22%
-0.09%
-6.46%
$ 280.85K
$ 2.31K
633
SessionX
SessionX
SXS
$ 0.00027669
0.00%
--
+1.81%
$ 276.69K
$ 52.90
634
Joule
Joule
JOULE
$ 0.00024168
-1.28%
-0.04%
-3.63%
$ 272.80K
$ 66.75
635
Argonot
Argonot
ARGNOT
$ 3.6
0.00%
-0.01%
-18.55%
$ 272.77K
$ 646.49
636
Ithaca Protocol
Ithaca Protocol
ITHACA
$ 0.00039704
0.00%
-0.03%
+2.48%
$ 264.77K
$ 51.01K
637
Alandale
Alandale
LUTE
$ 0.00539185
0.00%
-0.05%
-23.42%
$ 264.18K
$ 38.24K
638
PLEARN
PLEARN
PLEARN
$ 0.003584
+2.58%
+1.93%
+2.45%
$ 263.01K
$ 24.06M
639
K9 Finance DAO
K9 Finance DAO
KNINE
$ 2.72223E-7
-0.01%
-1.49%
-3.44%
$ 257.67K
--
640
Charli3
Charli3
C3
$ 0.00257212
0.00%
--
-20.59%
$ 257.21K
$ 1.96
641
Kuvi
Kuvi
KUVI
$ 0.00516311
0.00%
0.00%
+11.89%
$ 256.32K
$ 51.63
642
Tradetomato
Tradetomato
TTM
$ 0.00168294
+0.10%
-0.00%
-2.04%
$ 253.61K
$ 175.26
643
Rubic
Rubic
RBC
$ 0.001509
+0.13%
-3.02%
-11.55%
$ 249.41K
$ 25.33M
644
Stafi
Stafi
FIS
$ 0.00159882
0.00%
-0.00%
+2.15%
$ 248.79K
$ 11.08K
645
CheckDot
CheckDot
CDT
$ 0.02603994
+0.16%
-0.05%
-2.16%
$ 248.41K
$ 49.73
646
Cypher
Cypher
CYPH
$ 0.00190201
+0.17%
-0.07%
-10.76%
$ 247.15K
$ 3.55K
647
Prisma mkUSD
Prisma mkUSD
MKUSD
$ 0.999581
-0.01%
0.00%
+0.10%
$ 245.13K
$ 647.92
648
STAK
STAK
STAK
$ 0.914455
0.00%
--
0.00%
$ 244.76K
$ 261.28
649
NX Token
NX Token
NX
$ 0.00244567
+0.11%
-0.04%
-5.65%
$ 243.11K
$ 31.02
650
enfineo
enfineo
ENF
$ 0.005988
-0.17%
+0.02%
-0.20%
$ 243.06K
$ 6.97M

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.