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
THORChain
THORChain
RUNE
$ 0.6077
-1.38%
-0.21%
+8.50%
$ 213.03M
$ 760.56K
52
DeepBook
DeepBook
DEEP
$ 0.038869
+0.96%
+1.79%
+25.02%
$ 203.06M
$ 2.86M
53
Staked Aave
Staked Aave
STKAAVE
$ 97.52
-0.16%
-2.44%
+5.95%
$ 199.32M
$ 1.33K
54
Convex Finance
Convex Finance
CVX
$ 1.961
-0.20%
-2.10%
+11.48%
$ 191.29M
$ 50.63K
55
Falcon Finance
Falcon Finance
FF
$ 0.07908
-0.49%
+8.94%
+20.19%
$ 185.37M
$ 2.64M
56
Plasma
Plasma
XPL
$ 0.09957
-0.59%
+0.94%
-5.42%
$ 179.41M
$ 4.09M
57
Vision
Vision
VSN
$ 0.04823
-0.25%
-0.08%
+0.52%
$ 174.41M
$ 1.17M
58
Frax Ether
Frax Ether
FRXETH
$ 2,299.51
+0.15%
-0.10%
+1.02%
$ 157.07M
$ 425.20K
59
Stargate Finance
Stargate Finance
STG
$ 0.2344
-0.34%
-0.42%
-2.16%
$ 155.52M
$ 253.25K
60
PayFi Strategy Token USDC
PayFi Strategy Token USDC
PSTUSDC
$ 1.1
0.00%
+0.03%
0.00%
$ 154.15M
$ 95.55K
61
Gauntlet USDC Prime Morpho Vault
Gauntlet USDC Prime Morpho Vault
GTUSDC
$ 1.11
0.00%
-0.09%
0.00%
$ 145.32M
$ 261.95
62
1INCH
1INCH
1INCH
$ 0.10136
-0.04%
-0.17%
+3.39%
$ 142.70M
$ 523.94K
63
Instadapp
Instadapp
FLUID
$ 1.7521
-0.72%
-0.26%
+1.57%
$ 136.57M
$ 2.87K
64
dYdX
dYdX
DYDX
$ 0.16138
+0.08%
-1.43%
-3.00%
$ 135.39M
$ 860.72K
65
Ethena Staked ENA
Ethena Staked ENA
SENA
$ 0.124912
-0.16%
-2.49%
+3.79%
$ 133.31M
$ 183.15K
66
Steakhouse USDC Morpho Vault
Steakhouse USDC Morpho Vault
STEAKUSDC
$ 1.13
+0.89%
-0.13%
0.00%
$ 125.67M
$ 0.14
67
Reserve Rights
Reserve Rights
RSR
$ 0.002002
-0.05%
-0.69%
-1.96%
$ 125.29M
$ 42.16M
68
Bybit Staked SOL
Bybit Staked SOL
BBSOL
$ 109.21
-0.22%
-1.12%
+7.63%
$ 123.85M
$ 2.09M
69
Horizen
Horizen
ZEN
$ 6.751
-0.44%
+0.52%
-7.14%
$ 121.96M
$ 17.30K
70
SNX
SNX
SNX
$ 0.3508
-0.31%
-0.09%
+5.56%
$ 120.99M
$ 190.14K
71
Spiko Amundi Overnight Swap Fund
Spiko Amundi Overnight Swap Fund
SAFO
$ 1.007
0.00%
+0.01%
0.00%
$ 118.24M
--
72
SoSoValue
SoSoValue
SOSO
$ 0.3729
+0.73%
-4.09%
-6.05%
$ 116.22M
$ 299.02K
73
Kamino
Kamino
KMNO
$ 0.02465
+0.04%
-6.52%
+8.77%
$ 113.29M
$ 2.82M
74
Whiterock
Whiterock
WHITE
$ 0.0001736
+0.54%
-0.86%
-18.18%
$ 112.62M
$ 321.42M
75
AWE Network
AWE Network
AWE
$ 0.05746
+0.02%
+1.22%
+2.79%
$ 111.65M
$ 957.91K
76
ULTIMA
ULTIMA
ULTIMA
$ 2,952.9
-0.13%
-0.63%
-2.92%
$ 110.47M
$ 140.06
77
Staked Frax Ether
Staked Frax Ether
SFRXETH
$ 2,654.72
-0.16%
-0.05%
+0.59%
$ 109.47M
$ 8.48K
78
RealLink
RealLink
REAL
$ 0.07834
-0.19%
-1.12%
-2.51%
$ 107.70M
$ 1.31M
79
BERA
BERA
BERA
$ 0.4145
-1.41%
+2.33%
+5.50%
$ 107.15M
$ 264.76K
80
0x
0x
ZRX
$ 0.12578
-0.62%
+1.65%
+8.96%
$ 106.82M
$ 548.65K
81
CoW Protocol
CoW Protocol
COW
$ 0.1901
+0.42%
-0.16%
+5.32%
$ 105.60M
$ 293.88K
82
Nexus Mutual
Nexus Mutual
NXM
$ 59.17
-0.08%
-0.06%
+1.21%
$ 103.65M
--
83
Coinbase Wrapped XRP
Coinbase Wrapped XRP
CBXRP
$ 1.46
+0.69%
-0.27%
+5.04%
$ 103.10M
$ 1.22M
84
Block Street
Block Street
BSB
$ 0.48437
-1.56%
-4.32%
+2.90%
$ 99.78M
$ 513.62K
85
YearnFinance
YearnFinance
YFI
$ 2,771.8
-0.19%
-0.60%
+1.21%
$ 99.24M
$ 22.66
86
Origin Ether
Origin Ether
OETH
$ 2,302.62
-0.07%
+0.07%
+0.96%
$ 96.08M
$ 18.99K
87
Orca
Orca
ORCA
$ 1.561
+0.10%
-2.90%
-1.06%
$ 95.45M
$ 44.09K
88
Spark
Spark
SPK
$ 0.03507
+0.68%
+4.26%
+0.25%
$ 95.34M
$ 2.07M
89
Turbo
Turbo
TURBO
$ 0.001352
-1.03%
+3.14%
+2.52%
$ 93.17M
$ 129.77M
90
Everything
Everything
EV
$ 0.00087073
-1.00%
-2.67%
-9.26%
$ 86.64M
$ 77.21K
91
Treehouse ETH
Treehouse ETH
TETH
$ 2,840.43
-0.14%
-0.19%
+0.22%
$ 85.23M
$ 201.78K
92
XDAI
XDAI
XDAI
$ 0.999967
0.00%
+0.01%
0.00%
$ 83.84M
--
93
Derive
Derive
DRV
$ 0.082947
-0.81%
-3.32%
-8.86%
$ 82.93M
$ 93.88K
94
Fogo
Fogo
FOGO
$ 0.02108
-0.29%
-2.55%
+5.90%
$ 80.21M
$ 2.91M
95
Amp
Amp
AMP
$ 0.0009013
-0.26%
-2.73%
+0.48%
$ 77.81M
$ 101.53M
96
Savings xDAI
Savings xDAI
SDAI
$ 1.24
0.00%
-0.01%
0.00%
$ 76.16M
$ 2.67M
97
Lista USD
Lista USD
LISUSD
$ 0.998222
+0.02%
-0.01%
-0.06%
$ 76.16M
$ 281.12K
98
GMX
GMX
GMX
$ 7.303
-0.05%
-2.67%
-0.18%
$ 75.93M
$ 8.16K
99
MYX Finance
MYX Finance
MYX
$ 0.24334
+0.23%
-4.91%
-1.69%
$ 72.88M
$ 769.35K
100
VELO
VELO
VELO
$ 0.004008
+1.49%
+2.18%
+16.22%
$ 70.73M
$ 8.34M

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.