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

201

Tribe

TRIBE

$ 0.342686

-0.34%

-0.01%

-6.08%

$ 12.69M

$ 7.80K

202

Teller

DEBIT

$ 0.735414

-0.50%

-0.06%

-37.14%

$ 12.67M

$ 3.68M

203

KernelDAO

KERNEL

$ 0.04324

-0.77%

-3.13%

+0.35%

$ 12.59M

$ 1.29M

204

Simons Cat

CAT

$ 0.000001573

-0.06%

-2.51%

-7.82%

$ 12.40M

$ 35.11B

205

BENQI

$ 0.001719

-1.55%

-2.28%

-2.39%

$ 12.35M

$ 31.72M

206

Hegic

HEGIC

$ 0.01141184

-1.00%

-0.07%

-15.55%

$ 12.30M

$ 15.16K

207

SynFutures

$ 0.0023

-0.81%

-1.31%

-7.57%

$ 12.29M

$ 24.40M

208

Chintai Network

CHEX

$ 0.009788

+0.76%

+4.49%

+0.54%

$ 12.18M

$ 6.01M

209

Haedal Protocol

HAEDAL

$ 0.02174

+0.74%

-14.09%

-14.49%

$ 12.15M

$ 2.91M

210

Stargate Finance

STG

$ 0.128396

-2.70%

-0.02%

-8.74%

$ 11.80M

$ 494.26K

211

STANDARD

$ 0.1468

-0.48%

-0.08%

-5.06%

$ 11.70M

$ 157.41K

212

Spell

SPELL

$ 6.812E-5

-0.80%

-1.42%

-5.34%

$ 11.68M

213

Marinade

MNDE

$ 0.02118134

-0.28%

-0.00%

-4.80%

$ 11.57M

$ 80.14K

214

Talus

$ 0.00393

+0.76%

+4.99%

-10.31%

$ 11.50M

$ 2.25M

215

JOE

$ 0.02477

-0.71%

-4.57%

-8.13%

$ 11.46M

$ 2.47M

216

Coin98

C98

$ 0.01138

-0.26%

+2.05%

-2.14%

$ 11.44M

$ 4.87M

217

Optio

OPT

$ 0.00068212

0.00%

$ 11.27M

$ 102.83

218

Mey Network

MEY

$ 0.03998

+1.85%

+2.70%

-9.26%

$ 11.26M

$ 39.44M

219

Katana Network

KAT

$ 0.003345

-0.36%

+3.08%

-11.62%

$ 11.24M

$ 16.28M

220

Kelp Gain

AGETH

$ 1,990.31

-5.88%

-20.75%

$ 11.08M

$ 497.42

221

USUALx

USUALX

$ 0.02007087

+0.04%

-0.00%

+6.22%

$ 10.93M

$ 12.43K

222

ERA

$ 0.07342

+0.20%

-10.20%

+0.78%

$ 10.89M

$ 1.30M

223

Galaxy USDT Quality

ETH:GUSDTQ

$ 1.02

0.00%

+0.10%

$ 10.87M

224

YieldFi yToken

YUSD

$ 0.998454

0.00%

$ 10.86M

225

Fogo

FOGO

$ 0.001982

+0.50%

+4.02%

-6.56%

$ 10.72M

$ 28.43M

226

Ember Third Eye

ETHIRD

$ 1.053

0.00%

$ 10.70M

$ 1.40K

227

Pharaoh Liquid Staking Token

P33

$ 0.07567

-0.43%

-0.05%

-2.13%

$ 10.68M

$ 53.36K

228

Messier

M87

$ 0.00001198

-0.50%

-7.10%

-15.63%

$ 10.65M

$ 4.77B

229

Bitlight Labs

LIGHT

$ 0.2468

-1.00%

+1.60%

+4.05%

$ 10.63M

$ 293.65K

230

yieldbasis

$ 0.04765

-0.40%

-1.28%

-6.07%

$ 10.42M

$ 1.12M

231

Peapods Finance

PEAS

$ 1.043

-0.10%

-0.01%

-7.70%

$ 10.37M

$ 30.54K

232

Balsa MM Fund

BMMF

$ 0.08369

0.00%

$ 10.27M

$ 170.25

233

Overtime

OVER

$ 0.184921

-0.34%

-0.00%

-0.24%

$ 9.97M

$ 6.81K

234

BONE SHIBASWAP

BONE

$ 0.04212

+0.12%

-3.66%

-15.63%

$ 9.68M

$ 1.67M

235

Pear Protocol

PEAR

$ 0.01875325

0.00%

+0.17%

-11.29%

$ 9.64M

$ 77.61K

236

Loopring

LRC

$ 0.007

+0.16%

-0.54%

-4.80%

$ 9.63M

$ 8.15M

237

THORSwap

THOR

$ 0.03761624

-0.63%

-0.08%

+6.78%

$ 9.52M

$ 13.93K

238

Based

BASED

$ 0.03985

-0.45%

+3.60%

-11.12%

$ 9.39M

$ 1.55M

239

Wanchain

WAN

$ 0.04702439

+0.15%

-0.01%

+0.90%

$ 9.37M

$ 520.51K

240

Wise

WISE

$ 0.104856

-0.35%

-0.04%

-13.25%

$ 9.28M

$ 11.22K

241

Coinbase Wrapped ADA

CBADA

$ 0.168199

-1.46%

-0.02%

-6.90%

$ 9.28M

$ 52.69K

242

Yield Optimizer ETH

YOETH

$ 2,116.99

-0.54%

-0.04%

-13.34%

$ 9.17M

243

Abelian

ABEL

$ 0.07208

+0.30%

-3.19%

-28.95%

$ 9.11M

$ 175.67K

244

Loan Protocol

LOAN

$ 0.00026814

+1.39%

+0.00%

+12.61%

$ 9.01M

$ 178.44K

245

Dolomite

DOLO

$ 0.02031

-0.15%

-1.26%

-6.55%

$ 9.01M

$ 2.76M

246

Equilibria Finance

EQB

$ 0.089844

+0.67%

-0.03%

-15.00%

$ 8.98M

$ 703.15

247

BRICA

BRX

$ 0.03517463

0.00%

-0.00%

-2.49%

$ 8.79M

$ 182.24

248

Strike

STRIKE

$ 0.482565

-2.65%

+0.07%

+23.23%

$ 8.69M

$ 48.38K

249

SaucerSwap

SAUCE

$ 0.00914

0.00%

-0.76%

-0.33%

$ 8.54M

$ 314.27K

250

Marlin POND

POND

$ 0.0010223

-0.34%

+0.03%

-13.97%

$ 8.45M

$ 52.85M

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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

New Crypto

Frequently Asked Questions

Disclaimer