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
$ 2,227.4
-0.02%
-3.56%
-4.37%
$ 19.54B
$ 24.57
2
Hyperliquid
Hyperliquid
HYPE
$ 44.38
-0.29%
-0.41%
+2.28%
$ 11.21B
$ 76.96K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,753.14
+0.69%
-3.67%
-4.19%
$ 9.32B
$ 17.55M
4
Chainlink
Chainlink
LINK
$ 10.129
-0.02%
-5.37%
-3.09%
$ 6.64B
$ 98.46K
5
UNISWAP
UNISWAP
UNI
$ 3.635
-0.22%
-4.38%
-2.84%
$ 2.30B
$ 71.88K
6
Ondo
Ondo
ONDO
$ 0.3716
+0.74%
-8.12%
-13.94%
$ 1.79B
$ 2.41M
7
Aster
Aster
ASTER
$ 0.6695
+0.22%
-1.56%
-5.12%
$ 1.74B
$ 3.34M
8
Sky Protocol
Sky Protocol
SKY
$ 0.07113
+0.32%
-2.80%
-10.68%
$ 1.65B
$ 817.56K
9
AaveToken
AaveToken
AAVE
$ 93.97
+0.14%
-6.66%
-2.27%
$ 1.44B
$ 6.36K
10
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.16
0.00%
+0.04%
0.00%
$ 1.39B
$ 14.66M
11
LAB
LAB
LAB
$ 3.98931
+0.45%
-33.88%
-9.16%
$ 1.24B
$ 852.20K
12
DEXE
DEXE
DEXE
$ 13.057
+0.85%
+0.44%
+8.28%
$ 1.09B
$ 5.86K
13
Ethena
Ethena
ENA
$ 0.11264
+0.53%
-8.81%
-14.23%
$ 1.01B
$ 4.06M
14
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 99.71
+0.45%
-3.41%
-3.64%
$ 991.33M
$ 1.99M
15
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.09102
-0.20%
-4.60%
-10.54%
$ 963.66M
$ 3.29M
16
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 4.0
+0.25%
-2.37%
-2.20%
$ 941.53M
$ 9.19M
17
MORPHO
MORPHO
MORPHO
$ 1.8345
+0.43%
-7.25%
-13.68%
$ 889.74M
$ 55.68K
18
JUST
JUST
JST
$ 0.09104
-0.04%
+0.81%
+8.88%
$ 776.54M
$ 721.19K
19
Jupiter
Jupiter
JUP
$ 0.2127
-0.42%
-6.96%
-18.89%
$ 701.25M
$ 3.69M
20
PancakeSwap
PancakeSwap
CAKE
$ 1.502
-0.20%
-2.98%
-3.91%
$ 488.97M
$ 464.61K
21
Injective
Injective
INJ
$ 4.93
+0.80%
-4.25%
+15.59%
$ 488.36M
$ 687.07K
22
SEI
SEI
SEI
$ 0.06416
-0.13%
-5.92%
-7.11%
$ 453.05M
$ 2.71M
23
B
B
B
$ 0.44942
+0.78%
-7.83%
+17.67%
$ 452.90M
$ 931.11K
24
Terra Classic
Terra Classic
LUNC
$ 0.00007658
-0.14%
-4.72%
-18.79%
$ 422.99M
$ 8.42B
25
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.4511
-0.49%
-6.18%
-9.69%
$ 421.02M
$ 369.59K
26
tBTC
tBTC
TBTC
$ 79,074
+0.02%
-2.43%
-2.24%
$ 406.02M
$ 9.67M
27
TIA
TIA
TIA
$ 0.433
+0.23%
-9.20%
-2.07%
$ 395.59M
$ 2.46M
28
Curve
Curve
CRV
$ 0.2562
-0.16%
-8.56%
+0.20%
$ 382.31M
$ 3.88M
29
SUN
SUN
SUN
$ 0.019611
+0.43%
-2.02%
-2.96%
$ 377.33M
$ 4.49M
30
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.4196
+0.19%
-8.25%
-7.08%
$ 348.85M
$ 5.08M
31
Pendle
Pendle
PENDLE
$ 2.036
+0.05%
-0.10%
+0.74%
$ 347.25M
$ 794.02K
32
Zebec Network
Zebec Network
ZBCN
$ 0.0034828
+0.27%
-3.51%
+2.22%
$ 346.90M
$ 122.55M
33
Gnosis
Gnosis
GNO
$ 125.66
+0.02%
-3.09%
-5.53%
$ 331.15M
$ 642.91
34
Telcoin
Telcoin
TEL
$ 0.003343
+1.90%
+0.47%
+58.45%
$ 325.31M
$ 168.16M
35
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,365.1
+0.32%
-3.56%
-4.39%
$ 316.34M
$ 216.49K
36
Lido DAO
Lido DAO
LDO
$ 0.3691
-0.16%
-6.62%
-7.99%
$ 312.79M
$ 475.90K
37
Olympus
Olympus
OHM
$ 19.22
+0.42%
-1.04%
+0.10%
$ 287.95M
$ 89.76K
38
Staked USDai
Staked USDai
SUSDAI
$ 1.085
+0.09%
-0.06%
+0.18%
$ 283.72M
$ 2.29M
39
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 123.61
+0.37%
-3.53%
-3.75%
$ 283.11M
$ 2.52M
40
ETHGAS
ETHGAS
GWEI
$ 0.1587
+0.59%
+21.29%
+23.34%
$ 273.26M
$ 470.83K
41
Pyth Network
Pyth Network
PYTH
$ 0.04681
+0.67%
-10.20%
-20.98%
$ 267.89M
$ 8.68M
42
Maple Finance
Maple Finance
SYRUP
$ 0.22461
+0.24%
-6.41%
-11.97%
$ 267.33M
$ 334.09K
43
MIOTAC
MIOTAC
IOTA
$ 0.05887
-0.05%
-6.80%
-4.43%
$ 261.69M
$ 1.26M
44
Lido Earn ETH
Lido Earn ETH
EARNETH
$ 2,239.55
+0.18%
-4.09%
-4.58%
$ 242.64M
$ 9.67K
45
crvUSD
crvUSD
CRVUSD
$ 0.999507
+0.03%
-0.01%
-0.03%
$ 237.95M
$ 25.74M
46
Compound
Compound
COMP
$ 22.3
0.00%
-2.72%
-3.78%
$ 221.18M
$ 4.06K
47
Lighter
Lighter
LIT
$ 0.897
-0.32%
-2.38%
-16.70%
$ 220.83M
$ 258.30K
48
JITO
JITO
JTO
$ 0.4665
+0.09%
-10.09%
-12.82%
$ 218.51M
$ 239.46K
49
Falcon Finance
Falcon Finance
FF
$ 0.08819
+1.00%
+18.69%
+39.35%
$ 210.16M
$ 4.84M
50
Raydium
Raydium
RAY
$ 0.747
-0.11%
-6.90%
-12.99%
$ 200.00M
$ 90.83K

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.