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

851

BakerySwap

BAKE

$ 0.00022894

-0.07%

+0.02%

+10.89%

$ 66.10K

$ 858.84

852

Fragmetric

FRAG

$ 0.00032207

0.00%

$ 65.06K

$ 8.85

853

OpenZK Network

OZK

$ 1.479E-5

0.00%

$ 65.03K

854

Kaon

KAON

$ 6.15E-6

+0.16%

0.00%

-2.23%

$ 64.72K

855

Prime Numbers Labs

PRFI

$ 0.00135682

-0.06%

-10.67%

$ 63.93K

$ 149.11

856

IRON Titanium

TITAN

$ 1.794E-9

0.00%

-1.04%

-0.99%

$ 62.81K

857

CVI

GOVI

$ 0.00194836

0.00%

-1.42%

$ 62.35K

$ 147.64

858

Deq Staked AVAIL

STAVAIL

$ 0.00230355

0.00%

$ 62.07K

$ 115.18

859

Kava Lend

HARD

$ 0.00045861

0.00%

$ 61.82K

$ 22.90

860

Autonio

NIOX

$ 0.00024108

0.00%

$ 61.32K

$ 105.71

861

Alloca

ALLOCA

$ 0.00108915

0.00%

-0.05%

+22.26%

$ 61.31K

$ 94.13

862

Router Protocol

ROUTE

$ 9.008E-5

+0.11%

-21.57%

-14.27%

$ 61.14K

863

Ooki

OOKI

$ 1.0663E-11

0.00%

+0.01%

$ 61.05K

864

AurumTrust

AUT

$ 7.503E-5

0.00%

-2.93%

+3.91%

$ 60.90K

865

ZeroLend

ZERO

$ 7.24626E-7

+0.42%

-3.33%

-1.51%

$ 60.48K

866

Mirror Protocol

MIR

$ 0.00077344

-0.06%

-0.00%

+6.42%

$ 60.13K

$ 10.60

867

Nura Labs

NURA

$ 6.0E-6

0.00%

$ 59.96K

868

CrowdSwap

CROWD

$ 0.00050767

0.00%

$ 59.78K

$ 75.39

869

BaseSwap

BSWAP

$ 0.00593588

-0.17%

-0.03%

+15.61%

$ 59.35K

$ 216.48

870

BeeZee

BZE

$ 0.00020787

+8.06%

+0.03%

-58.64%

$ 58.53K

$ 243.58

871

UBXS

$ 0.00069994

+0.03%

-0.00%

-1.24%

$ 58.03K

$ 7.00

872

SpartaDEX

SPARTA

$ 0.00143656

0.00%

-0.72%

$ 57.06K

$ 3.65

873

Wave Swap

WAVE

$ 5.7E-5

-0.04%

-9.49%

-33.74%

$ 56.95K

874

Vega Protocol

VEGA

$ 0.0009039

0.00%

$ 56.40K

$ 3.12

875

VaultBags

VAULT

$ 5.444E-5

-0.04%

-6.65%

-36.78%

$ 54.44K

876

BSCS

$ 0.00019064

-0.10%

-0.00%

-4.48%

$ 52.68K

$ 215.71

877

SpookySwap

BOO

$ 0.00724552

0.00%

-0.02%

-0.94%

$ 52.60K

$ 6.65

878

Plutus SYK

PLSSYK

$ 0.01228895

0.00%

$ 52.35K

$ 0.20

879

Staked Level USD

SLVLUSD

$ 1.12

0.00%

$ 51.99K

$ 5.25

880

Staked Neptune OAS

STOAS

$ 0.00038426

0.00%

+0.01%

-2.57%

$ 51.67K

$ 83.44

881

Basis Cash

BAC

$ 0.00094531

+0.45%

+0.02%

-2.90%

$ 51.59K

$ 2.23K

882

Port Finance

PORT

$ 0.00159528

0.00%

-0.01%

-3.31%

$ 51.31K

$ 70.00

883

Triadmarkets

TRIAD

$ 0.0001145

0.00%

-0.62%

$ 50.81K

$ 4.85

884

DFX Finance

DFX

$ 0.00050624

0.00%

$ 50.62K

$ 0.96

885

Shroomy

SHROOMY

$ 5.449E-5

+0.29%

0.00%

-0.13%

$ 50.56K

886

Marginswap

MFI

$ 0.00713093

+0.79%

+0.01%

+1.14%

$ 50.29K

$ 9.97

887

jvhhVault

JVHHUSDC

$ 1.025

0.00%

+0.10%

$ 49.63K

888

Houdini Swap

LOCK

$ 0.00098998

-6.03%

-0.13%

-45.67%

$ 49.30K

$ 88.11

889

AtlasOra

AORA

$ 0.00098854

0.00%

-0.06%

-31.46%

$ 49.16K

$ 1.98K

890

BlackDuckrwa

BD/SOL

$ 4.938E-5

-0.04%

0.00%

+3.41%

$ 48.89K

891

Exotic Markets

EXO

$ 0.053675

0.00%

+0.05%

-15.86%

$ 48.84K

$ 75.14

892

Lode

LODE

$ 0.00108684

0.00%

+12.78%

$ 47.82K

$ 133.79

893

pSTAKE Finance

PSTAKE

$ 0.00010833

0.00%

$ 47.63K

$ 15.43

894

ZooKeeper

ZOO

$ 9.8E-5

0.00%

+0.58%

+2.20%

$ 47.31K

895

Liquid BGT

LBGT

$ 0.225531

+0.86%

-0.03%

-1.57%

$ 46.68K

$ 52.64

896

Morpho eUSD

MEUSD

$ 1.036

+0.10%

+0.00%

0.00%

$ 46.34K

897

Circuits of Value

COVAL

$ 2.589E-5

+0.04%

0.00%

+11.64%

$ 46.21K

898

Nsure Network

NSURE

$ 0.0007308

0.00%

-2.16%

$ 45.79K

$ 24.89

899

Solidly

SOLID

$ 0.00314221

-0.13%

-3.83%

$ 45.62K

$ 18.46

900

Alandale

LUTE

$ 0.00262319

0.00%

-0.05%

-45.98%

$ 45.59K

$ 19.33K

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.

What is a Decentralized Exchange (DEX) in the DeFi ecosystem?

How do Automated Market Makers (AMMs) work in DeFi protocols?

What is impermanent loss when providing liquidity to DeFi platforms?

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.

Top Decentralized Finance (DeFi) Tokens by Market Capitalization

Tradable Crypto

Category

Decentralized Finance (DeFi)

Smart Contract Platform

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Proof of Work (PoW)

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Frequently Asked Questions

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