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

951

Plasma Finance

PPAY

$ 2.563E-5

0.00%

$ 24.35K

952

Ooga Booga

OOGA

$ 0.00081985

0.00%

-0.01%

-0.95%

$ 24.30K

$ 4.73

953

Ethereans

$ 0.02418258

0.00%

-3.00%

$ 23.71K

$ 17.10

954

Jellyverse

JLY

$ 0.00016792

-0.23%

-0.01%

-0.77%

$ 23.49K

$ 1.03

955

Areal Finance

ARL

$ 0.00127823

0.00%

-0.85%

$ 23.45K

$ 0.24

956

AicroStrategy

AISTR

$ 0.02343549

0.00%

-0.50%

$ 23.44K

$ 7.84

957

Solrise Finance

SLRS

$ 0.00014858

0.00%

-0.07%

-11.32%

$ 23.34K

$ 1.24K

958

Ferrum Network

FRM

$ 8.077E-5

0.00%

$ 23.18K

959

Blindfold Finance

BLIND

$ 2.309E-5

-0.04%

-0.21%

-1.62%

$ 23.06K

960

BANX

$ 1.52E-6

0.00%

$ 22.86K

961

O3 Swap

$ 0.0008792

-0.89%

-0.01%

-0.60%

$ 22.79K

$ 11.80

962

Invariant

INVT

$ 0.00057165

0.00%

$ 22.62K

$ 2.83

963

deFusion

DEF

$ 0.00023911

0.00%

+8.96%

$ 22.53K

$ 23.97

964

SubQuery Network

SQT

$ 5.92E-6

0.00%

+0.49%

-1.17%

$ 22.42K

965

Pulseium

PSM

$ 1.403E-8

-0.37%

-1.54%

-13.12%

$ 21.82K

966

Kaleido

KALEIDO

$ 4.73

0.00%

+1.07%

$ 21.75K

$ 4.81

967

GarudaX

GRDX

$ 0.00062212

+0.25%

-0.01%

-5.27%

$ 21.73K

$ 53.38

968

Maneki AI by Virtuals

MANEKI

$ 2.129E-5

0.00%

+3.80%

$ 21.29K

969

Retard Finance

REFI

$ 2.127E-5

+0.05%

-0.89%

-1.53%

$ 21.25K

970

Hexagon

HEXA

$ 1.3653E-8

-0.17%

+5.40%

-18.98%

$ 21.24K

971

LNKD Networks

LNKD

$ 5.499E-5

-1.13%

0.00%

-1.87%

$ 21.12K

972

Wing Finance

WING

$ 0.00299829

0.00%

$ 20.69K

$ 810.89

973

Nia

NIA

$ 0.06889

0.00%

-0.02%

-3.84%

$ 20.67K

$ 149.90

974

Phi Protocol

PHI

$ 2.052E-5

-0.05%

0.00%

-2.98%

$ 20.49K

975

Blitz

BLTZ

$ 1.275E-8

-0.48%

-1.93%

-16.53%

$ 19.81K

976

Re7 USDT Morpho Vault

RE7USDT

$ 1.019

0.00%

$ 19.58K

977

88mph

MPH

$ 0.01239575

+0.95%

+0.01%

+1.48%

$ 19.50K

$ 21.33

978

ENKI Protocol

ENKI

$ 0.129557

0.00%

-0.01%

-1.27%

$ 19.43K

$ 60.06

979

WagyuSwap

WAG

$ 4.733E-5

0.00%

-0.21%

$ 19.14K

980

Poolz Finance

POOLX

$ 0.00345792

0.00%

+0.18%

0.00%

$ 19.02K

$ 300.45

981

FogSwap

FOG

$ 1.884E-5

0.00%

-1.06%

+0.37%

$ 18.83K

982

useStated

STATED

$ 1.87907E-7

0.00%

+0.79%

$ 18.79K

983

Lamas Finance

LMF

$ 0.00251624

+0.03%

+0.01%

-1.26%

$ 18.47K

$ 86.30

984

Mendi Finance

MENDI

$ 0.00032671

+0.07%

+0.17%

$ 18.09K

$ 17.37

985

GBM Tokens

GBM

$ 1.667E-5

0.00%

$ 16.67K

986

DackieSwap

DACKIE

$ 0.00016451

0.00%

-0.01%

-16.14%

$ 16.64K

$ 2.11

987

UltraXRP

ULTRAXRP

$ 1.46

0.00%

-0.00%

0.00%

$ 16.33K

$ 72.07

988

Spaceswap MILK2

MILK2

$ 0.00073533

0.00%

$ 16.22K

$ 41.80

989

AURO Finance

AURO

$ 0.0001298

0.00%

$ 16.07K

$ 0.01

990

Rabbit Finance

RABBIT

$ 0.00015065

0.00%

$ 16.04K

$ 26.02

991

METERA

$ 3.147E-5

-0.16%

-2.75%

-8.06%

$ 15.80K

992

Nexus

NEX

$ 0.0000008343

+0.12%

+2.55%

+1.75%

$ 113.39B

993

Grvt

GRVT

$ 0.2133

-0.88%

+0.89%

+8.10%

$ 2.00M

994

o1.exchange

$ 0.5145

+0.16%

-5.37%

-4.12%

$ 110.33K

995

XEN Crypto

XEN

$ 0.000000005643

+0.07%

-4.92%

+31.73%

$ 13.01T

996

Super Inu

$ 0.04539

+1.93%

+29.53%

+233.16%

$ 16.82M

997

Solstice Finance

SLX

$ 0.06329

-0.25%

-0.91%

-12.19%

$ 1.73M

998

NEARLY

$ 0.003768

+0.23%

-15.04%

-3.99%

$ 15.23M

999

RUJI

$ 0.2089

+0.77%

-1.69%

-6.62%

$ 2.28K

1000

Nexum

NEXM

$ 0.001236

0.00%

+14.17%

-40.95%

$ 405.81K

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

Layer 1 (L1)

Proof of Work (PoW)

Other Crypto

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Frequently Asked Questions

Disclaimer