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
Hyperliquid
Hyperliquid
HYPE
$ 62.43
-1.20%
-2.84%
-3.35%
$ 15.88B
$ 40.53K
2
Lido Staked ETH
Lido Staked ETH
STETH
$ 1,614.86
-0.42%
+2.58%
+2.55%
$ 14.50B
$ 35.50
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 1,993.07
-0.68%
+2.64%
+2.30%
$ 7.47B
$ 8.01M
4
Chainlink
Chainlink
LINK
$ 7.384
-0.22%
+2.65%
+1.51%
$ 4.84B
$ 108.88K
5
LAB
LAB
LAB
$ 9.14932
-1.33%
-34.64%
-48.36%
$ 2.80B
$ 117.92K
6
DEXE
DEXE
DEXE
$ 22.885
-0.77%
-1.53%
-0.56%
$ 1.90B
$ 6.69K
7
UNISWAP
UNISWAP
UNI
$ 2.798
-0.14%
+0.25%
-3.09%
$ 1.74B
$ 52.75K
8
Aster
Aster
ASTER
$ 0.6266
-0.25%
+0.29%
+0.59%
$ 1.69B
$ 1.35M
9
Ondo
Ondo
ONDO
$ 0.3177
-0.68%
+2.28%
+1.32%
$ 1.54B
$ 1.06M
10
AaveToken
AaveToken
AAVE
$ 85.51
-0.39%
-0.52%
+3.75%
$ 1.31B
$ 4.72K
11
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.17
0.00%
-0.00%
0.00%
$ 1.31B
$ 8.02M
12
Sky Protocol
Sky Protocol
SKY
$ 0.05287
-0.36%
-0.70%
+1.46%
$ 1.23B
$ 1.07M
13
MORPHO
MORPHO
MORPHO
$ 2.0787
-3.73%
+8.74%
+20.04%
$ 1.04B
$ 73.32K
14
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.55
-0.28%
+2.69%
+7.25%
$ 794.96M
$ 5.24M
15
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 85.72
-0.66%
+4.88%
+14.51%
$ 774.79M
$ 2.47M
16
Jupiter
Jupiter
JUP
$ 0.2301
-1.04%
+9.56%
+1.64%
$ 761.02M
$ 2.23M
17
JUST
JUST
JST
$ 0.08859
+0.07%
+1.73%
+8.69%
$ 756.81M
$ 841.27K
18
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.07073
+0.10%
+1.66%
-1.34%
$ 752.48M
$ 2.94M
19
Ethena
Ethena
ENA
$ 0.07157
-0.21%
+0.24%
-12.61%
$ 663.29M
$ 9.21M
20
Velvet
Velvet
VELVET
$ 1.50464
+1.06%
-8.41%
+212.86%
$ 644.10M
$ 1.27M
21
Lighter
Lighter
LIT
$ 2.0443
+5.05%
+13.59%
+23.61%
$ 509.15M
$ 341.56K
22
PancakeSwap
PancakeSwap
CAKE
$ 1.345
-0.15%
+2.36%
+1.97%
$ 472.90M
$ 364.30K
23
Injective
Injective
INJ
$ 4.741
+0.30%
+1.59%
+10.97%
$ 472.36M
$ 338.40K
24
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.4721
-2.17%
-0.61%
-2.05%
$ 446.97M
$ 231.90K
25
JITO
JITO
JTO
$ 0.772
+0.14%
+7.13%
+11.26%
$ 373.80M
$ 240.57K
26
SEI
SEI
SEI
$ 0.0478
-0.83%
+0.67%
-15.96%
$ 345.52M
$ 3.40M
27
Terra Classic
Terra Classic
LUNC
$ 0.0000601
-0.68%
+1.55%
-1.25%
$ 331.74M
$ 3.39B
28
TIA
TIA
TIA
$ 0.3588
-0.77%
+0.70%
-0.77%
$ 330.07M
$ 2.12M
29
SUN
SUN
SUN
$ 0.016419
-0.18%
+0.67%
-2.77%
$ 315.05M
$ 9.03M
30
Pyth Network
Pyth Network
PYTH
$ 0.03848
-1.57%
+0.50%
+17.34%
$ 300.59M
$ 24.01M
31
Staked USDai
Staked USDai
SUSDAI
$ 1.094
0.00%
+0.08%
+0.18%
$ 298.48M
$ 3.98M
32
Curve
Curve
CRV
$ 0.1985
-0.35%
+4.85%
+1.29%
$ 298.19M
$ 2.17M
33
tBTC
tBTC
TBTC
$ 60,019
-0.25%
+2.49%
+0.17%
$ 297.93M
$ 2.41M
34
Gnosis
Gnosis
GNO
$ 108.51
+0.29%
+3.94%
+4.51%
$ 286.41M
$ 604.61
35
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.3179
-0.56%
-0.81%
-12.22%
$ 280.23M
$ 4.39M
36
Olympus
Olympus
OHM
$ 16.49
-0.18%
+5.22%
+3.65%
$ 246.55M
$ 82.12K
37
B
B
B
$ 0.23768
+2.28%
+13.16%
+13.60%
$ 239.81M
$ 538.15K
38
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 1,721.04
-0.29%
+2.42%
+2.41%
$ 233.67M
$ 18.08K
39
Pendle
Pendle
PENDLE
$ 1.366
-0.15%
+4.29%
+9.15%
$ 232.39M
$ 327.21K
40
Zebec Network
Zebec Network
ZBCN
$ 0.0022378
-0.85%
+1.73%
-5.07%
$ 224.44M
$ 105.63M
41
Telcoin
Telcoin
TEL
$ 0.002293
-0.95%
+1.19%
-3.42%
$ 219.82M
$ 28.58M
42
ETHGAS
ETHGAS
GWEI
$ 0.1216
+1.73%
-2.17%
-1.17%
$ 213.64M
$ 425.99K
43
Lido DAO
Lido DAO
LDO
$ 0.2485
-0.72%
+3.51%
+0.69%
$ 208.94M
$ 636.80K
44
Staked Aave
Staked Aave
STKAAVE
$ 84.47
-0.74%
-0.35%
+2.86%
$ 188.38M
$ 29.27K
45
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 106.39
-0.47%
+4.62%
+14.36%
$ 186.43M
$ 2.07M
46
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.11
0.00%
+0.09%
0.00%
$ 179.23M
$ 527.04K
47
Falcon Finance
Falcon Finance
FF
$ 0.0627
-0.99%
-10.85%
-6.81%
$ 179.08M
$ 1.08M
48
Maple Finance
Maple Finance
SYRUP
$ 0.14477
-0.70%
+5.77%
+20.53%
$ 173.93M
$ 481.07K
49
crvUSD
crvUSD
CRVUSD
$ 0.998581
-0.03%
+0.00%
+0.03%
$ 173.16M
$ 13.68M
50
Raydium
Raydium
RAY
$ 0.6421
-0.82%
+4.25%
+9.07%
$ 171.80M
$ 116.12K

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.