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
$ 2,223.93
+0.06%
-2.90%
-4.20%
$ 19.51B
$ 24.49
2
Hyperliquid
Hyperliquid
HYPE
$ 44.51
+0.72%
+1.38%
+4.00%
$ 11.38B
$ 74.72K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,745.09
-0.36%
-3.81%
-4.53%
$ 9.28B
$ 17.68M
4
Chainlink
Chainlink
LINK
$ 10.039
-0.29%
-4.59%
-3.24%
$ 6.62B
$ 97.64K
5
UNISWAP
UNISWAP
UNI
$ 3.605
-0.33%
-3.65%
-2.87%
$ 2.30B
$ 62.77K
6
Ondo
Ondo
ONDO
$ 0.36502
-0.17%
-5.91%
-13.44%
$ 1.79B
$ 2.38M
7
Aster
Aster
ASTER
$ 0.6693
-0.36%
-1.77%
-4.34%
$ 1.74B
$ 3.39M
8
Sky Protocol
Sky Protocol
SKY
$ 0.07102
-0.20%
-2.68%
-11.10%
$ 1.64B
$ 815.17K
9
AaveToken
AaveToken
AAVE
$ 92.66
-0.70%
-6.20%
-2.89%
$ 1.43B
$ 5.96K
10
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.16
0.00%
+0.02%
0.00%
$ 1.39B
$ 13.08M
11
LAB
LAB
LAB
$ 4.02357
-0.40%
-32.73%
-13.79%
$ 1.23B
$ 725.46K
12
DEXE
DEXE
DEXE
$ 13.168
-0.06%
+1.71%
+9.12%
$ 1.10B
$ 6.13K
13
Ethena
Ethena
ENA
$ 0.11167
-0.28%
-7.52%
-14.37%
$ 1.01B
$ 4.03M
14
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 99.46
-0.29%
-3.85%
-3.88%
$ 989.40M
$ 1.96M
15
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.09073
+0.03%
-4.30%
-10.06%
$ 966.64M
$ 3.15M
16
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.99
-0.25%
-2.44%
-2.44%
$ 940.51M
$ 8.88M
17
MORPHO
MORPHO
MORPHO
$ 1.8371
-0.06%
-6.71%
-12.66%
$ 896.73M
$ 57.56K
18
JUST
JUST
JST
$ 0.09135
+0.07%
+1.33%
+9.17%
$ 779.19M
$ 722.07K
19
Jupiter
Jupiter
JUP
$ 0.2093
-0.24%
-5.84%
-15.31%
$ 701.58M
$ 3.47M
20
Injective
Injective
INJ
$ 4.905
-0.91%
-3.70%
+16.56%
$ 491.76M
$ 682.96K
21
PancakeSwap
PancakeSwap
CAKE
$ 1.496
+0.07%
-2.54%
-3.73%
$ 488.65M
$ 488.11K
22
SEI
SEI
SEI
$ 0.06366
-0.09%
-4.69%
-6.67%
$ 454.04M
$ 2.55M
23
B
B
B
$ 0.45081
+0.44%
-7.01%
+17.49%
$ 450.80M
$ 805.19K
24
Terra Classic
Terra Classic
LUNC
$ 0.00007683
-0.44%
-3.43%
-19.31%
$ 422.22M
$ 7.61B
25
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.4499
-0.51%
-5.32%
-12.98%
$ 418.59M
$ 376.20K
26
tBTC
tBTC
TBTC
$ 78,972
-0.12%
-2.86%
-2.38%
$ 405.49M
$ 8.92M
27
TIA
TIA
TIA
$ 0.425
-0.32%
-7.37%
-2.45%
$ 394.40M
$ 2.35M
28
Curve
Curve
CRV
$ 0.2547
-0.43%
-8.01%
+1.79%
$ 385.02M
$ 3.66M
29
SUN
SUN
SUN
$ 0.019655
+0.01%
-2.22%
-3.23%
$ 377.10M
$ 5.09M
30
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.416
-0.12%
-7.06%
-6.92%
$ 348.85M
$ 4.96M
31
Zebec Network
Zebec Network
ZBCN
$ 0.0034336
-0.55%
-4.76%
+0.77%
$ 344.52M
$ 117.88M
32
Pendle
Pendle
PENDLE
$ 1.994
-0.89%
+1.41%
-0.79%
$ 342.31M
$ 751.72K
33
Gnosis
Gnosis
GNO
$ 124.62
+0.01%
-2.49%
-5.23%
$ 331.15M
$ 634.74
34
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,360.24
-0.16%
-3.60%
-4.55%
$ 315.98M
$ 216.03K
35
Telcoin
Telcoin
TEL
$ 0.003209
-2.16%
+2.29%
+49.50%
$ 313.68M
$ 139.31M
36
Lido DAO
Lido DAO
LDO
$ 0.3648
-0.38%
-6.43%
-8.49%
$ 310.33M
$ 443.85K
37
Olympus
Olympus
OHM
$ 19.16
-0.16%
-1.27%
-0.47%
$ 287.27M
$ 89.43K
38
Staked USDai
Staked USDai
SUSDAI
$ 1.085
0.00%
-0.01%
+0.18%
$ 284.11M
$ 2.27M
39
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 123.38
-0.27%
-3.86%
-3.92%
$ 282.85M
$ 2.50M
40
ETHGAS
ETHGAS
GWEI
$ 0.15955
+1.00%
+7.47%
+23.89%
$ 273.33M
$ 499.97K
41
Maple Finance
Maple Finance
SYRUP
$ 0.22684
+0.40%
-5.94%
-11.10%
$ 268.97M
$ 304.71K
42
Pyth Network
Pyth Network
PYTH
$ 0.04645
-0.11%
-8.96%
-20.88%
$ 268.01M
$ 8.42M
43
MIOTAC
MIOTAC
IOTA
$ 0.05808
-0.75%
-7.27%
-5.23%
$ 258.89M
$ 1.21M
44
crvUSD
crvUSD
CRVUSD
$ 0.999565
-0.02%
-0.05%
-0.02%
$ 237.98M
$ 28.67M
45
Compound
Compound
COMP
$ 22.15
-0.27%
-3.06%
-3.44%
$ 221.47M
$ 4.05K
46
Lighter
Lighter
LIT
$ 0.8687
-1.35%
-2.81%
-16.61%
$ 218.68M
$ 252.09K
47
JITO
JITO
JTO
$ 0.4576
-1.10%
-11.04%
-14.66%
$ 216.49M
$ 223.50K
48
Falcon Finance
Falcon Finance
FF
$ 0.08714
-0.27%
+11.10%
+35.69%
$ 204.26M
$ 5.02M
49
Raydium
Raydium
RAY
$ 0.7405
-0.31%
-6.49%
-12.51%
$ 199.90M
$ 89.61K
50
Staked Aave
Staked Aave
STKAAVE
$ 94.34
-0.01%
-2.98%
-0.37%
$ 193.25M
$ 7.46K

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.