Top Decentralized Finance (DeFi) Tokens by Market Capitalization

Decentralized Finance (DeFi) protocols utilize 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 centralized 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
$ 1,880.34
-0.12%
-0.02%
-2.37%
$ 16.90B
$ 28.98
2
Hyperliquid
Hyperliquid
HYPE
$ 56.99
+0.18%
+1.49%
+5.31%
$ 14.48B
$ 6.54K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,333.01
-0.08%
-0.00%
-2.39%
$ 8.70B
$ 2.80M
4
Chainlink
Chainlink
LINK
$ 9.381
+0.21%
-0.15%
+14.06%
$ 6.17B
$ 66.68K
5
UNISWAP
UNISWAP
UNI
$ 3.241
+0.12%
-1.07%
-20.41%
$ 2.02B
$ 72.26K
6
Aster
Aster
ASTER
$ 0.5995
-0.03%
-0.55%
-2.07%
$ 1.62B
$ 436.92K
7
Ondo
Ondo
ONDO
$ 0.32414
-0.10%
-1.40%
-8.49%
$ 1.58B
$ 342.09K
8
AaveToken
AaveToken
AAVE
$ 86.07
-0.28%
-0.91%
-6.29%
$ 1.33B
$ 698.19
9
Sky Protocol
Sky Protocol
SKY
$ 0.0508
-0.16%
-0.69%
-4.55%
$ 1.18B
$ 1.05M
10
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.18
0.00%
0.00%
0.00%
$ 1.05B
$ 1.32M
11
MORPHO
MORPHO
MORPHO
$ 1.9616
-0.22%
+0.53%
+0.08%
$ 985.27M
$ 48.05K
12
JUST
JUST
JST
$ 0.10801
+0.11%
+2.12%
+6.27%
$ 922.90M
$ 558.47K
13
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.07469
-0.04%
-0.94%
-3.46%
$ 798.11M
$ 1.55M
14
Ethena
Ethena
ENA
$ 0.08364
-0.21%
-1.59%
-6.94%
$ 777.52M
$ 1.56M
15
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.62
0.00%
-0.00%
-1.63%
$ 770.09M
$ 1.57M
16
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 84.75
-0.15%
-0.00%
-2.10%
$ 765.54M
$ 144.55K
17
Bitway
Bitway
BTW
$ 0.293355
-2.52%
-2.79%
+46.94%
$ 651.77M
$ 1.93M
18
Lighter
Lighter
LIT
$ 2.2954
-0.38%
+0.50%
-0.63%
$ 573.43M
$ 369.71K
19
Jupiter
Jupiter
JUP
$ 0.1671
0.00%
-1.36%
-9.15%
$ 553.83M
$ 631.10K
20
PancakeSwap
PancakeSwap
CAKE
$ 1.427
-0.21%
-0.14%
-1.04%
$ 502.81M
$ 84.29K
21
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.4747
+0.44%
+6.40%
+22.07%
$ 418.49M
$ 8.16M
22
Injective
Injective
INJ
$ 4.183
+0.12%
-0.24%
-5.69%
$ 417.78M
$ 199.75K
23
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.4008
-0.05%
-0.77%
-4.20%
$ 382.29M
$ 798.54K
24
Velvet
Velvet
VELVET
$ 0.88629
-1.33%
-22.61%
+95.67%
$ 371.71M
$ 3.01M
25
Curve
Curve
CRV
$ 0.2399
-0.46%
-0.70%
+0.25%
$ 364.16M
$ 1.27M
26
Staked USDai
Staked USDai
SUSDAI
$ 1.1
0.00%
0.00%
0.00%
$ 354.57M
$ 73.00K
27
SUN
SUN
SUN
$ 0.017925
+0.03%
-0.58%
-0.87%
$ 344.78M
$ 5.38M
28
Pyth Network
Pyth Network
PYTH
$ 0.0392
-0.28%
-1.48%
-7.91%
$ 309.01M
$ 2.38M
29
SEI
SEI
SEI
$ 0.03991
0.00%
-0.47%
-4.48%
$ 287.92M
$ 1.68M
30
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 1,997.79
-0.05%
-0.00%
-2.59%
$ 284.10M
$ 6.08K
31
JITO
JITO
JTO
$ 0.5869
+0.12%
+0.51%
+4.86%
$ 283.52M
$ 110.95K
32
tBTC
tBTC
TBTC
$ 62,998
-0.02%
0.00%
-3.33%
$ 283.23M
$ 110.93K
33
Olympus
Olympus
OHM
$ 18.48
+0.22%
0.00%
-1.70%
$ 276.29M
$ 178.85K
34
TIA
TIA
TIA
$ 0.3003
+0.23%
-2.75%
-9.28%
$ 276.07M
$ 500.02K
35
Gnosis
Gnosis
GNO
$ 103.38
+0.50%
+0.41%
-2.51%
$ 274.09M
$ 979.61
36
Terra Classic
Terra Classic
LUNC
$ 0.00004787
-0.35%
+0.13%
-4.76%
$ 263.99M
$ 2.36B
37
Lido DAO
Lido DAO
LDO
$ 0.2993
+0.30%
-0.03%
+0.60%
$ 252.43M
$ 317.42K
38
Pendle
Pendle
PENDLE
$ 1.298
-0.08%
-0.92%
-6.09%
$ 221.45M
$ 106.55K
39
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.12
0.00%
-0.00%
0.00%
$ 215.31M
$ 240.81K
40
crvUSD
crvUSD
CRVUSD
$ 0.998815
-0.01%
0.00%
-0.03%
$ 212.99M
$ 1.86M
41
Staked Aave
Staked Aave
STKAAVE
$ 86.01
-0.20%
-0.00%
-6.08%
$ 210.58M
$ 4.44K
42
Maple Finance
Maple Finance
SYRUP
$ 0.15889
+0.06%
+5.22%
+5.23%
$ 189.55M
$ 417.92K
43
Falcon Finance
Falcon Finance
FF
$ 0.06545
-0.06%
+0.23%
+3.02%
$ 188.46M
$ 991.79K
44
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 105.26
-0.09%
-0.00%
-2.00%
$ 177.76M
$ 669.39K
45
Raydium
Raydium
RAY
$ 0.6205
-0.34%
-0.32%
-3.71%
$ 167.01M
$ 85.59K
46
Lido Earn ETH
Lido Earn ETH
EARNETH
$ 1,905.57
-0.10%
-0.00%
-2.40%
$ 163.38M
--
47
Compound
Compound
COMP
$ 16.23
0.00%
+0.68%
-3.22%
$ 162.30M
$ 3.45K
48
DEXE
DEXE
DEXE
$ 1.917
-0.36%
-1.84%
-10.48%
$ 160.85M
$ 58.17K
49
Zebec Network
Zebec Network
ZBCN
$ 0.0015741
-0.05%
-0.63%
-9.71%
$ 156.62M
$ 119.77M
50
Convex Finance
Convex Finance
CVX
$ 1.59
-0.56%
+0.83%
-4.12%
$ 155.42M
$ 42.23K

Frequently Asked Questions

What does Decentralized Finance (DeFi) mean in the Web3 ecosystem?
Decentralized Finance (DeFi) represents a financial system built entirely on blockchain networks. DeFi utilizes smart contracts to offer lending, borrowing, and trading services without relying on centralized 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 Decentralized 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 decentralized 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.