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
Hyperliquid
Hyperliquid
HYPE
$ 64.9
-0.56%
+1.59%
+7.41%
$ 16.54B
$ 46.45K
2
Lido Staked ETH
Lido Staked ETH
STETH
$ 1,558.47
-0.73%
-0.35%
-5.40%
$ 14.11B
$ 43.85
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 1,935.68
-0.97%
+0.12%
-5.25%
$ 7.18B
$ 3.06M
4
Chainlink
Chainlink
LINK
$ 7.162
-0.47%
-0.91%
-4.22%
$ 4.75B
$ 221.48K
5
LAB
LAB
LAB
$ 12.56087
-12.39%
-26.74%
-36.85%
$ 3.54B
$ 36.80K
6
DEXE
DEXE
DEXE
$ 23.317
+0.38%
+5.82%
+0.27%
$ 1.93B
$ 4.11K
7
UNISWAP
UNISWAP
UNI
$ 2.779
+0.07%
-5.16%
-2.72%
$ 1.74B
$ 62.09K
8
Aster
Aster
ASTER
$ 0.6157
-0.66%
-2.32%
-1.20%
$ 1.66B
$ 2.25M
9
Ondo
Ondo
ONDO
$ 0.30611
-0.57%
-1.56%
+1.79%
$ 1.50B
$ 839.67K
10
AaveToken
AaveToken
AAVE
$ 86.94
-0.51%
-3.79%
+17.55%
$ 1.36B
$ 5.46K
11
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.17
0.00%
-0.01%
0.00%
$ 1.29B
$ 1.50M
12
Sky Protocol
Sky Protocol
SKY
$ 0.05369
+0.37%
+5.33%
-1.14%
$ 1.26B
$ 1.23M
13
MORPHO
MORPHO
MORPHO
$ 1.8537
+0.27%
+3.76%
+12.58%
$ 937.36M
$ 55.75K
14
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.44
-0.58%
+0.53%
+1.78%
$ 771.92M
$ 4.54M
15
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.06934
-0.40%
-2.49%
-7.75%
$ 743.63M
$ 2.59M
16
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 81.28
-0.93%
+1.03%
+5.44%
$ 739.93M
$ 1.76M
17
JUST
JUST
JST
$ 0.08525
+0.44%
-2.36%
+2.36%
$ 728.78M
$ 710.41K
18
Jupiter
Jupiter
JUP
$ 0.2012
-0.15%
-6.06%
-5.93%
$ 669.38M
$ 1.25M
19
Ethena
Ethena
ENA
$ 0.0716
+0.41%
-12.03%
-14.01%
$ 667.20M
$ 17.72M
20
Velvet
Velvet
VELVET
$ 1.59815
-1.18%
-7.37%
+228.61%
$ 651.48M
$ 1.68M
21
Lighter
Lighter
LIT
$ 1.8805
-1.01%
+10.42%
+26.54%
$ 472.35M
$ 140.83K
22
Injective
Injective
INJ
$ 4.586
-0.95%
-2.93%
+5.40%
$ 456.77M
$ 303.12K
23
PancakeSwap
PancakeSwap
CAKE
$ 1.294
-0.46%
-3.14%
-2.27%
$ 455.31M
$ 476.91K
24
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.4545
-1.09%
-2.26%
-9.38%
$ 433.44M
$ 299.75K
25
JITO
JITO
JTO
$ 0.739
+0.07%
-7.86%
+10.90%
$ 360.99M
$ 203.51K
26
SEI
SEI
SEI
$ 0.04839
-0.14%
-1.25%
-6.98%
$ 353.74M
$ 3.54M
27
TIA
TIA
TIA
$ 0.3612
-1.60%
-8.66%
-0.49%
$ 333.66M
$ 3.37M
28
Terra Classic
Terra Classic
LUNC
$ 0.00005945
-0.30%
-4.44%
-3.84%
$ 325.72M
$ 3.19B
29
SUN
SUN
SUN
$ 0.016388
+0.13%
-1.65%
-4.39%
$ 317.01M
$ 10.53M
30
Staked USDai
Staked USDai
SUSDAI
$ 1.093
+0.09%
-0.02%
+0.09%
$ 298.37M
$ 3.76M
31
tBTC
tBTC
TBTC
$ 58,660
-0.62%
-1.09%
-4.20%
$ 291.89M
$ 3.38M
32
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.3226
-0.40%
-7.06%
-4.07%
$ 284.10M
$ 4.81M
33
Curve
Curve
CRV
$ 0.1853
-0.64%
-2.37%
-5.74%
$ 281.35M
$ 1.34M
34
Pyth Network
Pyth Network
PYTH
$ 0.03811
-1.47%
-3.94%
+3.61%
$ 279.96M
$ 14.07M
35
Gnosis
Gnosis
GNO
$ 105.38
-0.60%
-1.83%
+0.71%
$ 279.50M
$ 600.74
36
ETHGAS
ETHGAS
GWEI
$ 0.13153
+0.78%
-39.45%
+14.20%
$ 236.65M
$ 2.63M
37
Olympus
Olympus
OHM
$ 15.55
-0.32%
-0.15%
-3.18%
$ 232.25M
$ 192.75K
38
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 1,668.98
-0.74%
+0.02%
-5.04%
$ 225.38M
$ 153.29K
39
Zebec Network
Zebec Network
ZBCN
$ 0.0022164
-0.99%
-2.61%
-6.50%
$ 222.35M
$ 96.58M
40
Pendle
Pendle
PENDLE
$ 1.29
-1.15%
-4.52%
+3.53%
$ 220.43M
$ 543.54K
41
Telcoin
Telcoin
TEL
$ 0.002246
-0.35%
-0.44%
-7.48%
$ 217.32M
$ 37.96M
42
B
B
B
$ 0.21576
-1.19%
-1.47%
-3.15%
$ 214.52M
$ 360.32K
43
Lido DAO
Lido DAO
LDO
$ 0.2455
-0.48%
-2.03%
-3.37%
$ 207.59M
$ 372.17K
44
Falcon Finance
Falcon Finance
FF
$ 0.06857
-0.28%
+2.21%
+3.19%
$ 196.91M
$ 1.00M
45
Staked Aave
Staked Aave
STKAAVE
$ 87.92
-0.52%
-4.36%
+18.44%
$ 190.19M
$ 2.37K
46
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.11
0.00%
-0.02%
0.00%
$ 180.08M
$ 28.30K
47
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 100.66
-1.12%
+1.26%
+5.20%
$ 176.51M
$ 1.53M
48
Cortex
Cortex
CX
$ 0.117669
+0.11%
+55.39%
+96.23%
$ 173.36M
$ 1.59M
49
crvUSD
crvUSD
CRVUSD
$ 0.998458
+0.01%
-0.05%
0.00%
$ 170.98M
$ 13.07M
50
Plasma
Plasma
XPL
$ 0.08987
-3.33%
-2.98%
+7.60%
$ 167.96M
$ 9.01M

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.