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
$ 1,903.25
+0.24%
-0.26%
+0.44%
$ 17.06B
$ 29.39
2
Hyperliquid
Hyperliquid
HYPE
$ 59.95
+0.61%
+0.13%
+7.89%
$ 15.07B
$ 12.71K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,354.82
+0.12%
-0.00%
+0.42%
$ 8.78B
$ 4.12M
4
Chainlink
Chainlink
LINK
$ 9.483
+0.24%
-0.07%
+8.04%
$ 6.21B
$ 33.38K
5
UNISWAP
UNISWAP
UNI
$ 3.273
+1.42%
+0.27%
-7.61%
$ 2.05B
$ 80.59K
6
Aster
Aster
ASTER
$ 0.6026
+0.25%
+0.33%
-0.28%
$ 1.62B
$ 490.05K
7
Ondo
Ondo
ONDO
$ 0.33176
+0.71%
-1.91%
-0.60%
$ 1.61B
$ 1.09M
8
AaveToken
AaveToken
AAVE
$ 88.94
+0.65%
+2.70%
-0.22%
$ 1.37B
$ 1.77K
9
Sky Protocol
Sky Protocol
SKY
$ 0.05521
+1.07%
+5.01%
+3.64%
$ 1.28B
$ 1.22M
10
MORPHO
MORPHO
MORPHO
$ 2.1148
+0.47%
+3.22%
+8.36%
$ 1.07B
$ 100.60K
11
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
0.00%
0.00%
$ 1.05B
$ 8.22M
12
JUST
JUST
JST
$ 0.1071
-0.04%
-2.17%
+4.88%
$ 916.40M
$ 583.30K
13
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.07953
+0.37%
+5.80%
+5.74%
$ 848.43M
$ 3.13M
14
Bitway
Bitway
BTW
$ 0.353306
-0.94%
-2.73%
+58.10%
$ 778.65M
$ 3.14M
15
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 85.27
+0.18%
+0.00%
-0.63%
$ 769.16M
$ 1.53M
16
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.64
0.00%
+0.00%
0.00%
$ 768.35M
$ 1.76M
17
Ethena
Ethena
ENA
$ 0.08308
+0.62%
-1.67%
-7.08%
$ 766.83M
$ 2.43M
18
Lighter
Lighter
LIT
$ 2.3427
+0.53%
-1.98%
+0.03%
$ 578.30M
$ 931.12K
19
Jupiter
Jupiter
JUP
$ 0.1675
+0.72%
-1.53%
-4.03%
$ 554.16M
$ 665.49K
20
PancakeSwap
PancakeSwap
CAKE
$ 1.466
+0.21%
-0.07%
+0.83%
$ 514.42M
$ 201.92K
21
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.4893
+0.12%
-4.81%
+29.78%
$ 428.36M
$ 5.79M
22
Injective
Injective
INJ
$ 4.06
+0.37%
-3.25%
-12.26%
$ 404.88M
$ 200.05K
23
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.4059
+0.25%
-1.96%
-2.12%
$ 386.77M
$ 1.35M
24
Curve
Curve
CRV
$ 0.247
+0.32%
-0.24%
-12.02%
$ 375.08M
$ 1.94M
25
Staked USDai
Staked USDai
SUSDAI
$ 1.1
0.00%
0.00%
0.00%
$ 356.02M
$ 866.18K
26
SUN
SUN
SUN
$ 0.017762
-0.21%
-1.33%
-2.79%
$ 341.12M
$ 7.16M
27
Pyth Network
Pyth Network
PYTH
$ 0.03812
+0.40%
-3.78%
-5.51%
$ 298.30M
$ 4.61M
28
tBTC
tBTC
TBTC
$ 64,166
+0.18%
+0.01%
+0.81%
$ 288.67M
$ 3.78M
29
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,015.46
+0.08%
-0.00%
+2.66%
$ 286.62M
$ 21.70K
30
JITO
JITO
JTO
$ 0.5806
+0.29%
-4.35%
+6.44%
$ 282.69M
$ 118.22K
31
SEI
SEI
SEI
$ 0.03895
+0.52%
-2.29%
-2.80%
$ 280.63M
$ 1.15M
32
TIA
TIA
TIA
$ 0.2996
+1.25%
-0.93%
-1.83%
$ 275.89M
$ 732.37K
33
Gnosis
Gnosis
GNO
$ 104.14
+0.49%
-1.04%
-0.28%
$ 274.38M
$ 574.14
34
Olympus
Olympus
OHM
$ 18.33
+0.05%
-0.00%
-2.24%
$ 274.04M
$ 293.62K
35
Terra Classic
Terra Classic
LUNC
$ 0.00004674
+0.17%
-2.64%
-7.66%
$ 257.97M
$ 1.67B
36
Lido DAO
Lido DAO
LDO
$ 0.3026
+0.33%
-0.95%
+4.47%
$ 254.11M
$ 339.32K
37
Pendle
Pendle
PENDLE
$ 1.345
+1.89%
+3.94%
+1.05%
$ 230.00M
$ 156.39K
38
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.12
0.00%
0.00%
0.00%
$ 216.84M
$ 79.46K
39
Staked Aave
Staked Aave
STKAAVE
$ 88.12
+0.11%
+0.03%
-0.58%
$ 215.91M
$ 2.26K
40
crvUSD
crvUSD
CRVUSD
$ 0.999253
+0.02%
0.00%
+0.05%
$ 215.13M
$ 9.57M
41
Velvet
Velvet
VELVET
$ 0.49333
-4.07%
-48.00%
-10.81%
$ 206.08M
$ 3.03M
42
Maple Finance
Maple Finance
SYRUP
$ 0.16315
-0.34%
+2.02%
+10.14%
$ 194.58M
$ 564.60K
43
Falcon Finance
Falcon Finance
FF
$ 0.06462
+0.28%
+0.03%
-1.06%
$ 185.50M
$ 841.08K
44
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 106.13
+0.26%
+0.01%
+0.05%
$ 179.22M
$ 624.09K
45
Compound
Compound
COMP
$ 17.46
+2.03%
+8.29%
+8.56%
$ 176.30M
$ 4.91K
46
Lido Earn ETH
Lido Earn ETH
EARNETH
$ 1,926.38
+0.44%
0.00%
+0.79%
$ 165.43M
--
47
Raydium
Raydium
RAY
$ 0.6139
+0.10%
-1.61%
-2.67%
$ 164.77M
$ 92.55K
48
DEXE
DEXE
DEXE
$ 1.921
+0.10%
+1.43%
-0.47%
$ 160.68M
$ 78.60K
49
Zebec Network
Zebec Network
ZBCN
$ 0.0015732
+0.12%
-0.86%
-3.60%
$ 156.29M
$ 134.00M
50
Convex Finance
Convex Finance
CVX
$ 1.582
+0.26%
-3.33%
-11.50%
$ 154.05M
$ 39.34K

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.