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
$ 2,681.16
-0.87%
+0.04%
+0.95%
$ 26.35B
$ 21.38
2
Hyperliquid
Hyperliquid
HYPE
$ 86.59
-0.90%
-2.73%
-6.73%
$ 21.84B
$ 21.83K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 3,333.46
-1.34%
+0.01%
+0.77%
$ 12.52B
$ 70.81M
4
Chainlink
Chainlink
LINK
$ 14.808
-1.15%
-1.37%
+21.36%
$ 9.79B
$ 170.82K
5
UNISWAP
UNISWAP
UNI
$ 8.87
-1.26%
-0.62%
-2.36%
$ 5.53B
$ 385.17K
6
Bitway
Bitway
BTW
$ 1.306748
+0.27%
+34.81%
+32.95%
$ 3.66B
$ 1.56M
7
AaveToken
AaveToken
AAVE
$ 170.89
-1.31%
+16.67%
+23.21%
$ 2.67B
$ 5.89K
8
Ethena
Ethena
ENA
$ 0.25083
-1.82%
-2.65%
+22.56%
$ 2.54B
$ 136.59M
9
Ondo
Ondo
ONDO
$ 0.50913
-1.03%
-2.00%
+23.72%
$ 2.50B
$ 3.07M
10
Sky Protocol
Sky Protocol
SKY
$ 0.08372
+0.08%
+8.75%
+17.04%
$ 2.01B
$ 1.70M
11
Aster
Aster
ASTER
$ 0.7162
-1.07%
+1.37%
+4.94%
$ 1.94B
$ 2.91M
12
MORPHO
MORPHO
MORPHO
$ 2.4897
-1.96%
-2.00%
-2.42%
$ 1.34B
$ 158.48K
13
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.11803
-4.57%
+2.42%
+17.16%
$ 1.27B
$ 3.39M
14
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 135.11
-1.14%
+0.01%
+4.71%
$ 1.22B
$ 549.68K
15
Lighter
Lighter
LIT
$ 4.4252
-1.11%
+2.01%
-16.63%
$ 1.12B
$ 1.82M
16
Jupiter
Jupiter
JUP
$ 0.3236
-1.81%
-2.05%
+14.84%
$ 1.08B
$ 2.68M
17
JUST
JUST
JST
$ 0.12583
-1.25%
-3.22%
+12.89%
$ 1.04B
$ 535.69K
18
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.19
0.00%
0.00%
+0.85%
$ 1.01B
$ 7.94M
19
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 4.85
-0.61%
+0.01%
+2.11%
$ 940.31M
$ 12.73M
20
PancakeSwap
PancakeSwap
CAKE
$ 2.549
-1.01%
-2.40%
+0.39%
$ 816.16M
$ 810.17K
21
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.8026
-1.09%
-0.68%
+20.46%
$ 802.09M
$ 10.11M
22
Injective
Injective
INJ
$ 7.601
-1.22%
+4.12%
+0.22%
$ 767.78M
$ 532.75K
23
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.7829
-2.61%
+11.65%
+20.11%
$ 756.93M
$ 13.83M
24
Curve
Curve
CRV
$ 0.4026
+1.29%
+21.02%
+24.08%
$ 639.18M
$ 10.95M
25
Pyth Network
Pyth Network
PYTH
$ 0.07791
-1.35%
-2.69%
+25.94%
$ 615.98M
$ 11.12M
26
SEI
SEI
SEI
$ 0.07294
-1.19%
-7.59%
+24.63%
$ 555.83M
$ 14.68M
27
Raydium
Raydium
RAY
$ 1.8868
-2.11%
-3.39%
-6.52%
$ 511.90M
$ 148.45K
28
Staked USDai
Staked USDai
SUSDAI
$ 1.12
0.00%
0.00%
+0.90%
$ 499.49M
$ 3.13M
29
Plasma
Plasma
XPL
$ 0.09937
+0.58%
+2.16%
+16.94%
$ 459.05M
$ 18.31M
30
Staked Aave
Staked Aave
STKAAVE
$ 170.73
-1.93%
+0.18%
+22.16%
$ 426.39M
$ 53.81K
31
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,886.5
-0.98%
+0.01%
+1.18%
$ 424.24M
$ 740.51K
32
TIA
TIA
TIA
$ 0.4508
-0.63%
+2.17%
-2.08%
$ 423.81M
$ 3.49M
33
Pendle
Pendle
PENDLE
$ 2.362
-0.50%
-1.41%
-3.73%
$ 412.01M
$ 467.76K
34
Lido DAO
Lido DAO
LDO
$ 0.4633
-1.35%
+4.48%
+19.88%
$ 389.23M
$ 658.13K
35
Derive
Derive
DRV
$ 0.385114
-1.08%
-0.00%
-15.67%
$ 384.97M
$ 22.17M
36
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.14
0.00%
0.00%
+0.88%
$ 381.76M
$ 2.67K
37
Falcon Finance
Falcon Finance
FF
$ 0.12062
-0.39%
-2.91%
-6.80%
$ 377.65M
$ 780.90K
38
tBTC
tBTC
TBTC
$ 83,228
-0.68%
+0.00%
-1.04%
$ 347.52M
$ 4.34M
39
SUN
SUN
SUN
$ 0.017033
-0.49%
-0.46%
+0.04%
$ 328.58M
$ 17.10M
40
Gnosis
Gnosis
GNO
$ 119.46
-0.15%
+0.84%
+5.55%
$ 318.91M
$ 727.76
41
Olympus
Olympus
OHM
$ 20.15
-0.15%
0.00%
+0.25%
$ 300.68M
$ 140.80K
42
Ethena Staked ENA
Ethena Staked ENA
SENA
$ 0.256966
+0.01%
-0.05%
+26.89%
$ 299.77M
$ 561.04K
43
JITO
JITO
JTO
$ 0.5548
-0.80%
-1.11%
+19.84%
$ 294.37M
$ 159.51K
44
Terra Classic
Terra Classic
LUNC
$ 0.000053
-1.23%
-0.99%
-0.08%
$ 292.94M
$ 2.80B
45
Maple Finance
Maple Finance
SYRUP
$ 0.2428
-2.17%
+13.11%
+15.59%
$ 289.38M
$ 1.12M
46
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 167.77
-1.22%
+0.01%
+4.20%
$ 270.68M
$ 2.30M
47
MIOTAC
MIOTAC
IOTA
$ 0.05421
-2.35%
-0.20%
+15.94%
$ 253.06M
$ 5.85M
48
Zebec Network
Zebec Network
ZBCN
$ 0.0025356
-1.01%
+26.71%
+25.85%
$ 252.55M
$ 155.26M
49
Bedrock
Bedrock
BR
$ 0.8291
-0.22%
-7.72%
-19.07%
$ 250.23M
$ 125.32K
50
THORChain
THORChain
RUNE
$ 0.7458
-2.89%
-0.79%
+23.91%
$ 247.24M
$ 3.12M

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.