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
$ 65.44
-0.46%
+4.30%
+5.48%
$ 16.60B
$ 43.92K
2
Lido Staked ETH
Lido Staked ETH
STETH
$ 1,591.28
-0.03%
+0.49%
-5.16%
$ 14.27B
$ 42.89
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 1,965.41
+0.22%
+0.59%
-4.78%
$ 7.29B
$ 5.64M
4
Chainlink
Chainlink
LINK
$ 7.298
+0.08%
-0.49%
-4.20%
$ 4.79B
$ 242.34K
5
LAB
LAB
LAB
$ 14.1657
+0.15%
+2.19%
-7.86%
$ 4.55B
$ 19.42K
6
DEXE
DEXE
DEXE
$ 22.987
+0.46%
+6.05%
+1.51%
$ 1.93B
$ 4.63K
7
UNISWAP
UNISWAP
UNI
$ 2.871
+0.38%
-1.87%
-0.41%
$ 1.80B
$ 58.58K
8
Aster
Aster
ASTER
$ 0.6227
-0.24%
-1.61%
-1.21%
$ 1.68B
$ 2.52M
9
Ondo
Ondo
ONDO
$ 0.31568
+0.55%
+1.18%
+2.44%
$ 1.54B
$ 1.04M
10
AaveToken
AaveToken
AAVE
$ 90.77
+0.60%
-1.64%
+26.58%
$ 1.40B
$ 6.34K
11
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.17
0.00%
-0.03%
0.00%
$ 1.29B
$ 1.80M
12
Sky Protocol
Sky Protocol
SKY
$ 0.0536
-0.45%
+6.47%
-3.72%
$ 1.24B
$ 1.16M
13
MORPHO
MORPHO
MORPHO
$ 1.9173
+0.22%
+6.55%
+15.70%
$ 958.00M
$ 41.52K
14
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 3.49
0.00%
+1.36%
+2.65%
$ 779.59M
$ 5.12M
15
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 82.71
-0.05%
+2.84%
+6.79%
$ 753.75M
$ 1.80M
16
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.07052
+0.73%
-2.34%
-8.98%
$ 748.11M
$ 2.60M
17
JUST
JUST
JST
$ 0.08564
-0.83%
-3.23%
+2.23%
$ 731.18M
$ 711.58K
18
Ethena
Ethena
ENA
$ 0.07537
-0.21%
-3.71%
-10.26%
$ 705.95M
$ 17.12M
19
Jupiter
Jupiter
JUP
$ 0.2081
-0.19%
-0.81%
-0.29%
$ 694.61M
$ 1.10M
20
Velvet
Velvet
VELVET
$ 1.54832
-7.47%
-7.85%
+260.06%
$ 676.48M
$ 2.29M
21
Lighter
Lighter
LIT
$ 1.9123
+1.04%
+10.10%
+22.17%
$ 473.80M
$ 116.43K
22
Injective
Injective
INJ
$ 4.686
-0.06%
+0.40%
+4.33%
$ 472.46M
$ 348.10K
23
PancakeSwap
PancakeSwap
CAKE
$ 1.319
+0.08%
-2.37%
-0.98%
$ 463.76M
$ 415.52K
24
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.4642
+0.06%
-2.59%
-11.74%
$ 440.49M
$ 268.57K
25
SEI
SEI
SEI
$ 0.05002
+1.68%
+0.14%
-4.90%
$ 362.98M
$ 3.90M
26
JITO
JITO
JTO
$ 0.7468
+0.05%
-11.10%
+12.74%
$ 361.43M
$ 232.04K
27
TIA
TIA
TIA
$ 0.3915
+0.62%
+1.77%
+5.03%
$ 358.96M
$ 2.98M
28
Terra Classic
Terra Classic
LUNC
$ 0.00006005
-0.20%
-2.86%
-5.37%
$ 331.52M
$ 3.15B
29
SUN
SUN
SUN
$ 0.016681
-0.18%
-0.51%
-3.34%
$ 320.93M
$ 8.93M
30
Staked USDai
Staked USDai
SUSDAI
$ 1.093
0.00%
+0.05%
+0.09%
$ 298.38M
$ 3.53M
31
tBTC
tBTC
TBTC
$ 59,354
-0.04%
-0.87%
-5.06%
$ 294.39M
$ 3.04M
32
Curve
Curve
CRV
$ 0.1921
+0.47%
+0.16%
-4.06%
$ 290.15M
$ 1.14M
33
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.3238
+0.06%
-6.17%
-5.63%
$ 286.57M
$ 4.46M
34
Gnosis
Gnosis
GNO
$ 108.6
-0.04%
-0.06%
+1.03%
$ 286.39M
$ 580.00
35
Pyth Network
Pyth Network
PYTH
$ 0.03622
+0.14%
-2.57%
+1.16%
$ 280.98M
$ 16.09M
36
ETHGAS
ETHGAS
GWEI
$ 0.15167
-1.81%
-9.85%
+29.71%
$ 276.80M
$ 6.25M
37
Olympus
Olympus
OHM
$ 15.67
+0.51%
-1.49%
-4.86%
$ 233.00M
$ 192.14K
38
Pendle
Pendle
PENDLE
$ 1.34
+0.37%
+2.45%
+4.77%
$ 228.97M
$ 606.16K
39
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 1,693.8
-0.11%
+0.89%
-4.94%
$ 228.93M
$ 54.02K
40
Zebec Network
Zebec Network
ZBCN
$ 0.0022619
+0.16%
-1.60%
-5.11%
$ 226.17M
$ 90.50M
41
Telcoin
Telcoin
TEL
$ 0.002279
+0.09%
-0.52%
-7.78%
$ 218.57M
$ 31.77M
42
B
B
B
$ 0.21552
+0.69%
-1.31%
-2.86%
$ 216.64M
$ 361.30K
43
Lido DAO
Lido DAO
LDO
$ 0.2529
+0.08%
+0.56%
-1.75%
$ 212.90M
$ 445.00K
44
Falcon Finance
Falcon Finance
FF
$ 0.06776
+1.33%
+2.97%
+1.37%
$ 195.50M
$ 954.21K
45
Staked Aave
Staked Aave
STKAAVE
$ 90.37
+0.75%
-3.72%
+26.64%
$ 195.40M
$ 5.41K
46
Plasma
Plasma
XPL
$ 0.10073
-0.14%
+2.81%
+14.37%
$ 181.51M
$ 7.04M
47
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 102.6
-0.14%
+2.87%
+6.82%
$ 180.18M
$ 1.90M
48
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.11
0.00%
+0.02%
0.00%
$ 180.13M
$ 85.20K
49
crvUSD
crvUSD
CRVUSD
$ 0.998968
+0.01%
+0.02%
+0.01%
$ 171.33M
$ 14.04M
50
Maple Finance
Maple Finance
SYRUP
$ 0.14272
-0.05%
+3.59%
+9.39%
$ 170.08M
$ 672.01K

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.