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
$ 2,223.51
+0.31%
-3.37%
-4.64%
$ 19.49B
$ 24.37
2
Hyperliquid
Hyperliquid
HYPE
$ 43.98
+0.55%
+1.17%
+2.04%
$ 11.19B
$ 80.35K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,748.34
+0.22%
-3.76%
-4.27%
$ 9.30B
$ 16.14M
4
Chainlink
Chainlink
LINK
$ 10.078
+0.12%
-5.80%
-3.70%
$ 6.58B
$ 117.15K
5
UNISWAP
UNISWAP
UNI
$ 3.627
+0.61%
-3.63%
-1.95%
$ 2.30B
$ 84.46K
6
Ondo
Ondo
ONDO
$ 0.36579
-0.13%
-9.05%
-15.72%
$ 1.77B
$ 2.20M
7
Aster
Aster
ASTER
$ 0.6678
+0.33%
-1.89%
-5.94%
$ 1.73B
$ 3.36M
8
Sky Protocol
Sky Protocol
SKY
$ 0.071
+0.27%
-2.88%
-10.84%
$ 1.65B
$ 968.03K
9
AaveToken
AaveToken
AAVE
$ 93.71
+0.30%
-5.64%
-2.22%
$ 1.44B
$ 6.03K
10
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.16
0.00%
+0.04%
0.00%
$ 1.39B
$ 14.84M
11
LAB
LAB
LAB
$ 3.98948
-1.73%
-33.49%
-9.90%
$ 1.22B
$ 937.40K
12
DEXE
DEXE
DEXE
$ 12.923
+1.11%
-0.26%
+7.05%
$ 1.08B
$ 5.95K
13
Ethena
Ethena
ENA
$ 0.11174
-0.17%
-10.08%
-15.07%
$ 997.25M
$ 3.76M
14
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 98.97
+0.15%
-4.33%
-4.19%
$ 984.95M
$ 1.97M
15
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.0907
+0.09%
-4.41%
-11.22%
$ 960.57M
$ 3.23M
16
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.98
0.00%
-2.63%
-2.69%
$ 938.66M
$ 9.49M
17
MORPHO
MORPHO
MORPHO
$ 1.8163
+0.07%
-8.65%
-14.24%
$ 882.10M
$ 54.47K
18
JUST
JUST
JST
$ 0.09088
+0.02%
+0.79%
+8.97%
$ 776.63M
$ 718.43K
19
Jupiter
Jupiter
JUP
$ 0.2118
+0.29%
-6.57%
-16.66%
$ 699.26M
$ 3.69M
20
PancakeSwap
PancakeSwap
CAKE
$ 1.499
-0.07%
-2.85%
-4.04%
$ 488.65M
$ 484.52K
21
Injective
Injective
INJ
$ 4.841
-0.21%
-6.24%
+14.24%
$ 481.96M
$ 708.67K
22
B
B
B
$ 0.45684
+0.53%
-6.43%
+17.13%
$ 453.76M
$ 999.70K
23
SEI
SEI
SEI
$ 0.0638
-0.30%
-6.38%
-9.06%
$ 448.79M
$ 3.10M
24
Terra Classic
Terra Classic
LUNC
$ 0.00007624
-0.18%
-3.33%
-18.27%
$ 422.88M
$ 8.75B
25
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.4494
+0.56%
-6.13%
-10.38%
$ 420.93M
$ 369.82K
26
tBTC
tBTC
TBTC
$ 79,273
+0.05%
-2.20%
-1.87%
$ 407.09M
$ 18.33M
27
TIA
TIA
TIA
$ 0.4298
+0.33%
-10.63%
-3.13%
$ 389.54M
$ 2.65M
28
Curve
Curve
CRV
$ 0.2547
+0.40%
-8.62%
-0.63%
$ 379.16M
$ 4.01M
29
SUN
SUN
SUN
$ 0.019556
-0.11%
-2.26%
-3.31%
$ 376.28M
$ 4.53M
30
Zebec Network
Zebec Network
ZBCN
$ 0.0034601
-0.88%
-5.76%
+1.71%
$ 344.53M
$ 122.17M
31
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.4168
-0.10%
-9.15%
-8.36%
$ 344.33M
$ 4.95M
32
Pendle
Pendle
PENDLE
$ 2.046
0.00%
-2.10%
-2.10%
$ 340.95M
$ 789.27K
33
Gnosis
Gnosis
GNO
$ 125.29
-0.06%
-3.05%
-5.78%
$ 330.36M
$ 650.81
34
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,363.24
+0.19%
-2.04%
-4.41%
$ 316.43M
$ 216.32K
35
Telcoin
Telcoin
TEL
$ 0.003339
-1.09%
-3.93%
+54.38%
$ 314.74M
$ 176.56M
36
Lido DAO
Lido DAO
LDO
$ 0.3686
+0.22%
-6.35%
-8.41%
$ 310.58M
$ 495.81K
37
Olympus
Olympus
OHM
$ 19.2
+0.16%
-1.61%
-0.05%
$ 287.48M
$ 92.03K
38
Staked USDai
Staked USDai
SUSDAI
$ 1.085
0.00%
-0.01%
+0.18%
$ 283.71M
$ 1.52M
39
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 122.8
+0.26%
-4.38%
-4.25%
$ 281.53M
$ 2.92M
40
ETHGAS
ETHGAS
GWEI
$ 0.15411
-0.36%
+23.23%
+20.93%
$ 268.68M
$ 466.25K
41
Maple Finance
Maple Finance
SYRUP
$ 0.22401
+0.37%
-6.89%
-13.00%
$ 265.20M
$ 334.73K
42
Pyth Network
Pyth Network
PYTH
$ 0.04633
-0.37%
-10.77%
-22.12%
$ 263.98M
$ 8.69M
43
MIOTAC
MIOTAC
IOTA
$ 0.05885
+0.17%
-6.90%
-5.37%
$ 260.05M
$ 1.33M
44
Lido Earn ETH
Lido Earn ETH
EARNETH
$ 2,238.49
+0.30%
-3.41%
-4.49%
$ 242.53M
$ 9.67K
45
crvUSD
crvUSD
CRVUSD
$ 0.999476
-0.05%
-0.02%
0.00%
$ 238.08M
$ 27.38M
46
Compound
Compound
COMP
$ 22.16
-0.09%
-3.20%
-3.88%
$ 220.08M
$ 4.17K
47
Lighter
Lighter
LIT
$ 0.8947
+1.05%
-2.61%
-16.72%
$ 219.23M
$ 195.01K
48
JITO
JITO
JTO
$ 0.4625
-0.56%
-12.64%
-14.02%
$ 216.96M
$ 239.91K
49
Falcon Finance
Falcon Finance
FF
$ 0.08898
+0.59%
+17.18%
+37.11%
$ 207.32M
$ 4.85M
50
Raydium
Raydium
RAY
$ 0.7432
+0.24%
-7.00%
-13.58%
$ 198.69M
$ 94.87K

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.