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
51
Convex Finance
Convex Finance
CVX
$ 1.543
-0.32%
-3.56%
-13.32%
$ 151.30M
$ 42.08K
52
Spiko Amundi Overnight Swap Fund
Spiko Amundi Overnight Swap Fund
SAFO
$ 1.018
0.00%
0.00%
+0.10%
$ 146.25M
--
53
MIOTAC
MIOTAC
IOTA
$ 0.03215
-0.25%
-1.17%
-7.39%
$ 144.53M
$ 2.45M
54
THORChain
THORChain
RUNE
$ 0.4123
+0.02%
-0.75%
-3.49%
$ 139.27M
$ 337.13K
55
Plasma
Plasma
XPL
$ 0.07627
+0.10%
+0.38%
+1.62%
$ 137.99M
$ 87.04M
56
Telcoin
Telcoin
TEL
$ 0.001412
-0.49%
-2.08%
-11.01%
$ 135.85M
$ 89.27M
57
Vision
Vision
VSN
$ 0.03534
-1.06%
-1.92%
-2.62%
$ 128.35M
$ 1.55M
58
syrupUSDG
syrupUSDG
SYRUPUSDG
$ 1.007
0.00%
0.00%
+0.10%
$ 119.96M
$ 142.46K
59
Frax Ether
Frax Ether
FRXETH
$ 1,893.72
-0.19%
0.00%
-0.31%
$ 117.48M
$ 168.68K
60
1INCH
1INCH
1INCH
$ 0.08306
+0.14%
+0.40%
-0.79%
$ 117.12M
$ 1.00M
61
AWE Network
AWE Network
AWE
$ 0.05965
+0.37%
-0.49%
+1.24%
$ 115.40M
$ 998.31K
62
Coinbase Wrapped XRP
Coinbase Wrapped XRP
CBXRP
$ 0.996523
-0.14%
-0.00%
-1.72%
$ 113.95M
$ 622.92K
63
SoSoValue
SoSoValue
SOSO
$ 0.3164
-0.25%
-2.91%
-6.41%
$ 108.38M
$ 289.84K
64
RealLink
RealLink
REAL
$ 0.07436
-0.17%
+0.84%
+0.39%
$ 102.23M
$ 3.06M
65
Stargate Finance
Stargate Finance
STG
$ 0.1454
+0.83%
+0.69%
+7.48%
$ 95.90M
$ 376.45K
66
Bybit Staked SOL
Bybit Staked SOL
BBSOL
$ 89.14
+0.11%
+0.01%
+0.42%
$ 94.72M
$ 326.93K
67
Ethena Staked ENA
Ethena Staked ENA
SENA
$ 0.084788
+0.01%
+0.00%
-7.21%
$ 94.33M
$ 6.12K
68
Instadapp
Instadapp
FLUID
$ 1.1429
0.00%
-4.18%
-1.10%
$ 90.23M
$ 204.85
69
Kamino
Kamino
KMNO
$ 0.018
+0.17%
+0.06%
-1.05%
$ 87.05M
$ 3.20M
70
dYdX
dYdX
DYDX
$ 0.10251
-0.39%
+1.28%
-7.68%
$ 86.60M
$ 890.71K
71
Nexus Mutual
Nexus Mutual
NXM
$ 50.78
-0.10%
+0.01%
-0.02%
$ 86.07M
--
72
Staked Frax Ether
Staked Frax Ether
SFRXETH
$ 2,207.06
+0.14%
0.00%
-0.54%
$ 82.13M
$ 425.07
73
Lista USD
Lista USD
LISUSD
$ 0.997531
0.00%
0.00%
-0.01%
$ 75.08M
$ 11.43K
74
Steakhouse USDC Morpho Vault
Steakhouse USDC Morpho Vault
STEAKUSDC
$ 1.14
0.00%
+0.00%
0.00%
$ 74.66M
--
75
DeepBook
DeepBook
DEEP
$ 0.013599
-0.08%
-1.83%
-5.40%
$ 72.44M
$ 4.08M
76
Reserve Rights
Reserve Rights
RSR
$ 0.001142
0.00%
-0.87%
-5.46%
$ 71.50M
$ 61.30M
77
Horizen
Horizen
ZEN
$ 3.943
+0.08%
-1.72%
-4.09%
$ 71.26M
$ 19.60K
78
Origin Ether
Origin Ether
OETH
$ 1,900.27
-0.10%
0.00%
-0.21%
$ 69.32M
$ 8.12K
79
YearnFinance
YearnFinance
YFI
$ 1,921.5
-0.02%
-1.44%
-2.45%
$ 68.86M
$ 32.95
80
Derive
Derive
DRV
$ 0.09281
-1.64%
-3.36%
-8.08%
$ 68.41M
$ 603.63K
81
Huma Finance
Huma Finance
HUMA
$ 0.02089
-0.10%
+1.41%
+4.11%
$ 67.79M
$ 2.58M
82
GMX
GMX
GMX
$ 6.512
+1.28%
-2.05%
+1.09%
$ 67.69M
$ 9.31K
83
SNX
SNX
SNX
$ 0.1938
-0.26%
-2.08%
-4.59%
$ 66.63M
$ 388.72K
84
Orca
Orca
ORCA
$ 1.0515
-0.21%
-1.19%
+0.48%
$ 63.90M
$ 56.00K
85
CyberDEX
CyberDEX
CYDX
$ 0.182263
0.00%
0.00%
-0.02%
$ 63.32M
$ 3.50K
86
0x
0x
ZRX
$ 0.07384
-0.43%
-2.82%
-8.96%
$ 62.67M
$ 788.83K
87
CoW Protocol
CoW Protocol
COW
$ 0.107
+0.85%
-2.98%
+1.90%
$ 62.13M
$ 988.81K
88
Numeraire
Numeraire
NMR
$ 7.956
+0.32%
-1.46%
-5.78%
$ 59.62M
$ 7.38K
89
Hydration
Hydration
HDX
$ 0.00956361
-0.04%
+0.01%
+8.91%
$ 56.60M
$ 54.98K
90
VELO
VELO
VELO
$ 0.003202
+0.70%
+1.74%
-3.40%
$ 55.45M
$ 3.97M
91
Brazilian Digital
Brazilian Digital
BRZ
$ 0.191352
-0.08%
0.00%
-1.01%
$ 54.64M
$ 2.56K
92
Savings xDAI
Savings xDAI
SDAI
$ 1.25
0.00%
-0.00%
0.00%
$ 54.15M
$ 23.42K
93
Turbo
Turbo
TURBO
$ 0.0007713
-0.09%
-1.32%
-5.12%
$ 53.19M
$ 116.10M
94
Bedrock
Bedrock
BR
$ 0.1944
-0.61%
+0.05%
-2.94%
$ 50.89M
$ 296.27K
95
Bedrock BTC
Bedrock BTC
BRBTC
$ 62,482
0.00%
--
0.00%
$ 50.03M
$ 127.66
96
Quantix Finance
Quantix Finance
QFI
$ 49.926
+1.01%
-2.47%
-6.10%
$ 49.93M
$ 5.29K
97
Treehouse ETH
Treehouse ETH
TETH
$ 2,365.18
-0.41%
-0.00%
-0.48%
$ 49.16M
$ 22.45K
98
FLOW
FLOW
FLOW
$ 0.02759
-0.51%
-1.43%
-15.99%
$ 46.01M
$ 1.96M
99
SUSHI
SUSHI
SUSHI
$ 0.1599
-0.12%
-0.99%
-1.96%
$ 45.86M
$ 377.13K
100
Venus
Venus
XVS
$ 2.7391
+0.53%
+1.44%
+1.24%
$ 44.84M
$ 20.23K

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.