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
$ 2,743.67
-0.33%
+2.19%
+2.33%
$ 27.06B
$ 22.57
2
Hyperliquid
Hyperliquid
HYPE
$ 89.98
-0.56%
+0.47%
-2.24%
$ 22.57B
$ 19.44K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 3,421.46
-0.13%
+0.02%
+2.25%
$ 12.62B
$ 46.44M
4
Chainlink
Chainlink
LINK
$ 14.36
-0.15%
+1.27%
+2.14%
$ 9.49B
$ 51.07K
5
UNISWAP
UNISWAP
UNI
$ 9.006
-0.61%
+0.67%
-6.66%
$ 5.66B
$ 184.82K
6
Bitway
Bitway
BTW
$ 1.463401
+0.31%
+2.87%
+59.81%
$ 4.10B
$ 1.01M
7
AaveToken
AaveToken
AAVE
$ 183.05
+0.08%
+11.01%
+18.17%
$ 2.82B
$ 6.12K
8
Ethena
Ethena
ENA
$ 0.24411
-2.00%
-5.46%
-13.75%
$ 2.47B
$ 213.00M
9
Ondo
Ondo
ONDO
$ 0.5037
-0.47%
+1.39%
-8.85%
$ 2.46B
$ 1.14M
10
Sky Protocol
Sky Protocol
SKY
$ 0.08822
+4.73%
+12.29%
+11.79%
$ 2.07B
$ 1.34M
11
Aster
Aster
ASTER
$ 0.7533
-0.53%
+1.15%
+2.88%
$ 2.04B
$ 2.77M
12
MORPHO
MORPHO
MORPHO
$ 2.6314
-0.18%
+6.57%
-4.05%
$ 1.40B
$ 74.10K
13
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 138.2
-0.14%
+0.04%
+1.33%
$ 1.25B
$ 629.16K
14
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.11017
-0.63%
+0.89%
-6.56%
$ 1.17B
$ 2.54M
15
Jupiter
Jupiter
JUP
$ 0.3291
-0.36%
+2.60%
-5.40%
$ 1.10B
$ 1.35M
16
JUST
JUST
JST
$ 0.12866
-0.32%
-3.11%
+5.24%
$ 1.06B
$ 485.42K
17
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.19
0.00%
0.00%
+0.85%
$ 1.01B
$ 1.23M
18
Lighter
Lighter
LIT
$ 3.8593
-0.88%
-2.74%
-19.83%
$ 965.25M
$ 2.34M
19
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 4.93
0.00%
+0.02%
+1.02%
$ 952.95M
$ 8.81M
20
PancakeSwap
PancakeSwap
CAKE
$ 2.612
-0.42%
+0.46%
-5.88%
$ 863.07M
$ 441.84K
21
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.7908
-0.47%
-2.07%
-13.38%
$ 788.57M
$ 4.19M
22
Injective
Injective
INJ
$ 7.529
-0.55%
+1.67%
-3.78%
$ 756.78M
$ 336.91K
23
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.7349
-0.82%
-0.51%
+0.14%
$ 709.82M
$ 7.84M
24
Pyth Network
Pyth Network
PYTH
$ 0.07674
-0.61%
+0.75%
+2.03%
$ 606.69M
$ 5.60M
25
Curve
Curve
CRV
$ 0.3804
-0.44%
-0.03%
+8.58%
$ 599.58M
$ 2.71M
26
SEI
SEI
SEI
$ 0.0717
-0.36%
-0.94%
-2.26%
$ 544.54M
$ 10.12M
27
Raydium
Raydium
RAY
$ 1.945
-0.03%
+2.02%
-2.94%
$ 526.26M
$ 120.89K
28
Staked USDai
Staked USDai
SUSDAI
$ 1.12
0.00%
0.00%
0.00%
$ 479.01M
$ 22.04M
29
Staked Aave
Staked Aave
STKAAVE
$ 182.41
+0.82%
+0.11%
+18.92%
$ 455.20M
$ 91.96K
30
Plasma
Plasma
XPL
$ 0.09723
-0.36%
+1.05%
-18.60%
$ 439.28M
$ 10.86M
31
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,957.17
-0.20%
+0.02%
+2.46%
$ 433.95M
$ 121.27K
32
TIA
TIA
TIA
$ 0.4609
-0.84%
+6.40%
-6.10%
$ 425.01M
$ 4.15M
33
Pendle
Pendle
PENDLE
$ 2.444
-0.53%
+1.83%
-4.34%
$ 424.88M
$ 335.70K
34
Derive
Derive
DRV
$ 0.401313
-0.44%
-0.01%
-5.44%
$ 401.27M
$ 23.26M
35
Falcon Finance
Falcon Finance
FF
$ 0.11926
-0.28%
-5.38%
-9.24%
$ 398.79M
$ 706.83K
36
Lido DAO
Lido DAO
LDO
$ 0.4525
-0.20%
+2.70%
-7.15%
$ 378.95M
$ 677.95K
37
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.14
0.00%
0.00%
+0.88%
$ 378.14M
$ 3.54K
38
tBTC
tBTC
TBTC
$ 86,163
-0.09%
+0.03%
+2.49%
$ 359.98M
$ 2.88M
39
SUN
SUN
SUN
$ 0.017093
-0.13%
-0.02%
-0.78%
$ 328.56M
$ 13.12M
40
Gnosis
Gnosis
GNO
$ 121.3
-0.12%
0.00%
+4.62%
$ 319.41M
$ 516.11
41
Olympus
Olympus
OHM
$ 20.35
-0.15%
+0.00%
+0.39%
$ 304.04M
$ 74.09K
42
JITO
JITO
JTO
$ 0.5539
-0.16%
+4.33%
-3.85%
$ 294.93M
$ 138.93K
43
Terra Classic
Terra Classic
LUNC
$ 0.00005325
-0.45%
+1.71%
-5.63%
$ 294.90M
$ 2.12B
44
Maple Finance
Maple Finance
SYRUP
$ 0.24138
+0.12%
+7.51%
+9.43%
$ 287.84M
$ 557.83K
45
Ethena Staked ENA
Ethena Staked ENA
SENA
$ 0.248575
-1.50%
-0.06%
-13.05%
$ 286.82M
$ 508.34K
46
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 171.66
-0.08%
+0.04%
+1.24%
$ 274.80M
$ 2.72M
47
Zebec Network
Zebec Network
ZBCN
$ 0.0026816
+0.66%
-1.67%
+24.80%
$ 265.82M
$ 112.12M
48
MIOTAC
MIOTAC
IOTA
$ 0.05555
-0.29%
+1.86%
+9.96%
$ 260.45M
$ 1.65M
49
THORChain
THORChain
RUNE
$ 0.7926
-0.43%
-0.24%
+12.37%
$ 259.46M
$ 785.22K
50
Compound
Compound
COMP
$ 24.45
-0.28%
+0.82%
+1.91%
$ 245.20M
$ 5.12K

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.