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
$ 2,205.49
+0.59%
+10.37%
+11.73%
$ 18.97B
$ 32.85
2
Hyperliquid
Hyperliquid
HYPE
$ 69.91
-0.94%
+17.45%
+19.61%
$ 17.44B
$ 42.35K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,625.27
+0.76%
+0.11%
+12.10%
$ 9.79B
$ 13.26M
4
Chainlink
Chainlink
LINK
$ 10.601
+0.67%
+6.95%
+14.54%
$ 6.68B
$ 93.52K
5
UNISWAP
UNISWAP
UNI
$ 3.627
+0.94%
+7.16%
+1.69%
$ 2.21B
$ 179.32K
6
Aster
Aster
ASTER
$ 0.6217
+0.26%
+3.19%
+3.09%
$ 1.67B
$ 1.52M
7
Ondo
Ondo
ONDO
$ 0.34766
+0.73%
+5.25%
+2.23%
$ 1.66B
$ 1.20M
8
AaveToken
AaveToken
AAVE
$ 95.08
+0.99%
+5.68%
+5.31%
$ 1.44B
$ 1.94K
9
Sky Protocol
Sky Protocol
SKY
$ 0.06093
-0.05%
+7.71%
+12.96%
$ 1.40B
$ 1.11M
10
MORPHO
MORPHO
MORPHO
$ 2.177
+0.38%
+1.06%
+9.38%
$ 1.08B
$ 36.95K
11
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
+0.00%
0.00%
$ 1.05B
$ 818.99K
12
JUST
JUST
JST
$ 0.10277
-0.43%
-3.64%
-2.54%
$ 878.90M
$ 603.18K
13
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.08185
+0.20%
-1.33%
+10.52%
$ 863.57M
$ 1.85M
14
Ethena
Ethena
ENA
$ 0.09249
+0.94%
+8.30%
+5.25%
$ 836.34M
$ 5.36M
15
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 92.69
+0.21%
+0.07%
+8.22%
$ 830.79M
$ 1.76M
16
Bitway
Bitway
BTW
$ 0.379172
+2.64%
-9.63%
+35.94%
$ 824.95M
$ 30.04M
17
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.86
+0.26%
+0.05%
+6.04%
$ 811.49M
$ 4.68M
18
Lighter
Lighter
LIT
$ 2.7214
-0.78%
+10.58%
+14.19%
$ 655.18M
$ 2.03M
19
Jupiter
Jupiter
JUP
$ 0.1801
+0.34%
+6.63%
+4.69%
$ 592.34M
$ 1.95M
20
PancakeSwap
PancakeSwap
CAKE
$ 1.606
-0.19%
+5.44%
+10.51%
$ 558.76M
$ 756.09K
21
Injective
Injective
INJ
$ 4.586
+1.78%
+11.92%
-1.15%
$ 456.17M
$ 332.54K
22
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.5096
0.00%
+4.59%
+14.23%
$ 441.13M
$ 6.99M
23
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.434
+0.80%
+5.55%
+3.15%
$ 405.82M
$ 2.30M
24
Curve
Curve
CRV
$ 0.2598
+0.47%
+6.66%
+0.23%
$ 388.43M
$ 2.30M
25
Staked USDai
Staked USDai
SUSDAI
$ 1.11
0.00%
0.00%
+0.91%
$ 356.37M
$ 3.62M
26
SUN
SUN
SUN
$ 0.017113
+0.10%
-0.62%
-6.34%
$ 328.32M
$ 11.09M
27
Pyth Network
Pyth Network
PYTH
$ 0.0419
+1.69%
+7.78%
+3.69%
$ 327.44M
$ 6.86M
28
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,243.85
+0.52%
+0.10%
+11.68%
$ 319.27M
$ 256.58K
29
tBTC
tBTC
TBTC
$ 68,577
+0.30%
+0.06%
+8.22%
$ 308.91M
$ 4.21M
30
Gnosis
Gnosis
GNO
$ 118.74
+0.15%
+3.00%
+11.67%
$ 307.69M
$ 640.94
31
TIA
TIA
TIA
$ 0.3262
+0.28%
+7.41%
+3.64%
$ 295.85M
$ 1.13M
32
SEI
SEI
SEI
$ 0.04068
+0.99%
+3.31%
-2.49%
$ 288.49M
$ 1.75M
33
Olympus
Olympus
OHM
$ 18.48
-0.38%
+0.02%
-0.48%
$ 276.17M
$ 350.94K
34
Lido DAO
Lido DAO
LDO
$ 0.3337
+1.78%
+7.20%
+9.58%
$ 274.85M
$ 494.34K
35
JITO
JITO
JTO
$ 0.5752
0.00%
+2.05%
+3.09%
$ 273.80M
$ 127.86K
36
Terra Classic
Terra Classic
LUNC
$ 0.00004998
+0.45%
+4.37%
+1.06%
$ 272.59M
$ 2.89B
37
Velvet
Velvet
VELVET
$ 0.62821
-0.38%
-4.77%
-11.83%
$ 265.58M
$ 718.25K
38
Pendle
Pendle
PENDLE
$ 1.416
+1.31%
+4.44%
+2.59%
$ 237.17M
$ 490.66K
39
Staked Aave
Staked Aave
STKAAVE
$ 93.15
+0.34%
+0.06%
+5.50%
$ 228.17M
$ 16.94K
40
crvUSD
crvUSD
CRVUSD
$ 0.999451
-0.02%
0.00%
+0.08%
$ 220.27M
$ 53.52M
41
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.13
0.00%
0.00%
+0.89%
$ 217.91M
$ 60.92K
42
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 115.27
+0.17%
+0.07%
+8.45%
$ 194.39M
$ 1.14M
43
Maple Finance
Maple Finance
SYRUP
$ 0.16455
-0.28%
+2.55%
+4.35%
$ 192.80M
$ 567.59K
44
Falcon Finance
Falcon Finance
FF
$ 0.06497
-0.03%
+2.76%
-0.40%
$ 186.16M
$ 869.22K
45
Lido Earn ETH
Lido Earn ETH
EARNETH
$ 2,146.92
+0.93%
+0.11%
+12.29%
$ 184.79M
--
46
Compound
Compound
COMP
$ 18.18
+0.67%
+2.91%
+11.44%
$ 180.20M
$ 3.88K
47
Zebec Network
Zebec Network
ZBCN
$ 0.0017456
+0.56%
+9.94%
+6.32%
$ 172.37M
$ 124.59M
48
Raydium
Raydium
RAY
$ 0.6462
+0.39%
+3.86%
+1.80%
$ 171.61M
$ 107.21K
49
DEXE
DEXE
DEXE
$ 1.912
-0.83%
+2.41%
-4.82%
$ 160.43M
$ 144.25K
50
Convex Finance
Convex Finance
CVX
$ 1.64
-0.37%
+5.86%
-3.83%
$ 157.68M
$ 44.81K

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.