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
1
Lido Staked ETH
Lido Staked ETH
STETH
$ 2,330.35
-0.23%
+0.63%
-0.26%
$ 20.50B
$ 24.06
2
Hyperliquid
Hyperliquid
HYPE
$ 42.98
-0.19%
-0.46%
-0.14%
$ 10.96B
$ 17.33K
3
Wrapped stETH
Wrapped stETH
WSTETH
$ 2,870.47
-0.10%
+0.55%
+1.83%
$ 9.71B
$ 19.36M
4
Chainlink
Chainlink
LINK
$ 10.413
-0.12%
+1.02%
+3.53%
$ 6.84B
$ 80.95K
5
Dai
Dai
DAI
$ 0.999678
-0.01%
+0.04%
-0.01%
$ 4.40B
--
6
UNISWAP
UNISWAP
UNI
$ 3.731
-0.54%
+0.79%
+5.97%
$ 2.36B
$ 110.86K
7
Ondo
Ondo
ONDO
$ 0.42491
-0.80%
-3.89%
+12.89%
$ 2.06B
$ 4.83M
8
Sky Protocol
Sky Protocol
SKY
$ 0.0798
-0.15%
-2.78%
-1.46%
$ 1.85B
$ 1.08M
9
Aster
Aster
ASTER
$ 0.7022
-0.48%
+3.16%
+4.16%
$ 1.82B
$ 6.55M
10
AaveToken
AaveToken
AAVE
$ 96.09
-0.08%
+0.48%
+1.65%
$ 1.48B
$ 6.54K
11
LAB
LAB
LAB
$ 4.55702
+0.44%
+11.53%
+20.03%
$ 1.37B
$ 333.93K
12
syrupUSDC
syrupUSDC
SYRUPUSDC
$ 1.16
0.00%
-0.07%
0.00%
$ 1.28B
$ 1.39M
13
Ethena
Ethena
ENA
$ 0.13166
+0.16%
-2.21%
+5.35%
$ 1.18B
$ 5.05M
14
Polygon Ecosystem
Polygon Ecosystem
POL
$ 0.101
-0.23%
-0.15%
+1.11%
$ 1.07B
$ 1.93M
15
Binance Staked SOL
Binance Staked SOL
BNSOL
$ 103.46
-0.02%
+0.94%
+5.59%
$ 1.04B
$ 1.45M
16
MORPHO
MORPHO
MORPHO
$ 2.1018
-0.05%
-0.81%
-1.31%
$ 1.03B
$ 42.82K
17
DEXE
DEXE
DEXE
$ 11.983
+0.18%
+0.13%
+3.03%
$ 1.01B
$ 10.73K
18
Jupiter Perpetuals Liquidity Provider Token
Jupiter Perpetuals Liquidity Provider Token
JLP
$ 4.09
0.00%
+0.74%
+3.02%
$ 966.49M
$ 4.46M
19
Jupiter
Jupiter
JUP
$ 0.2513
-2.84%
+6.12%
+21.23%
$ 840.43M
$ 13.36M
20
JUST
JUST
JST
$ 0.08349
-0.07%
+0.63%
-1.45%
$ 712.72M
$ 1.18M
21
Terra Classic
Terra Classic
LUNC
$ 0.00009435
+0.68%
+1.83%
+0.76%
$ 524.36M
$ 8.72B
22
PancakeSwap
PancakeSwap
CAKE
$ 1.558
-0.06%
+0.19%
+0.13%
$ 509.47M
$ 605.58K
23
SEI
SEI
SEI
$ 0.06896
-0.52%
+5.41%
+9.92%
$ 476.92M
$ 8.02M
24
Aerodrome Finance
Aerodrome Finance
AERO
$ 0.5162
+0.93%
+10.65%
+8.99%
$ 468.60M
$ 333.75K
25
Injective
Injective
INJ
$ 4.232
-0.21%
+0.38%
+7.03%
$ 421.58M
$ 370.12K
26
tBTC
tBTC
TBTC
$ 80,875
-0.02%
+0.94%
+1.29%
$ 418.95M
$ 7.61M
27
TIA
TIA
TIA
$ 0.4434
-0.18%
-1.52%
+11.89%
$ 402.10M
$ 3.68M
28
SUN
SUN
SUN
$ 0.020233
0.00%
+0.20%
+0.63%
$ 388.77M
$ 2.74M
29
Curve
Curve
CRV
$ 0.2523
-0.59%
-1.41%
+1.94%
$ 378.61M
$ 2.74M
30
B
B
B
$ 0.38395
-1.88%
-1.25%
+10.04%
$ 377.63M
$ 3.14M
31
Ether.Fi Foundation
Ether.Fi Foundation
ETHFI
$ 0.4498
-0.11%
-0.62%
+2.75%
$ 375.01M
$ 4.82M
32
Gnosis
Gnosis
GNO
$ 132.06
-0.14%
-0.77%
+0.26%
$ 350.05M
$ 720.15
33
Pendle
Pendle
PENDLE
$ 2.031
+0.49%
-0.29%
+7.91%
$ 345.09M
$ 676.70K
34
Zebec Network
Zebec Network
ZBCN
$ 0.0034077
+0.33%
+3.86%
+1.61%
$ 340.48M
$ 135.11M
35
Pyth Network
Pyth Network
PYTH
$ 0.05914
+0.08%
+2.73%
+10.40%
$ 339.31M
$ 16.92M
36
Lido DAO
Lido DAO
LDO
$ 0.4006
-0.32%
-2.25%
+1.22%
$ 338.86M
$ 373.29K
37
StakeWise Staked ETH
StakeWise Staked ETH
OSETH
$ 2,471.08
-0.10%
+1.20%
+1.68%
$ 325.92M
$ 61.60K
38
Maple Finance
Maple Finance
SYRUP
$ 0.25423
-0.28%
+0.72%
+3.79%
$ 302.82M
$ 285.95K
39
Marinade Staked SOL
Marinade Staked SOL
MSOL
$ 128.45
+0.02%
+1.00%
+5.73%
$ 297.11M
$ 1.52M
40
Olympus
Olympus
OHM
$ 19.26
+0.31%
+0.65%
-0.31%
$ 288.76M
$ 82.71K
41
MIOTAC
MIOTAC
IOTA
$ 0.06156
-0.10%
+0.11%
+4.20%
$ 272.50M
$ 1.26M
42
Lighter
Lighter
LIT
$ 1.0518
-0.71%
+3.22%
+7.17%
$ 263.23M
$ 107.36K
43
crvUSD
crvUSD
CRVUSD
$ 0.999732
-0.01%
-0.00%
-0.01%
$ 255.13M
$ 7.66M
44
Lido Earn ETH
Lido Earn ETH
EARNETH
$ 2,342.45
-0.19%
+0.71%
+1.84%
$ 253.78M
$ 6.80K
45
Staked USDai
Staked USDai
SUSDAI
$ 1.083
0.00%
+0.02%
0.00%
$ 251.72M
$ 1.31M
46
JITO
JITO
JTO
$ 0.5402
+0.34%
-7.72%
+11.59%
$ 250.21M
$ 376.62K
47
Raydium
Raydium
RAY
$ 0.8528
-0.23%
+0.11%
+4.54%
$ 229.32M
$ 190.43K
48
Compound
Compound
COMP
$ 22.93
-0.26%
+1.01%
-2.17%
$ 229.26M
$ 3.09K
49
ETHGAS
ETHGAS
GWEI
$ 0.126
-0.80%
-3.92%
-3.47%
$ 219.78M
$ 159.61K
50
THORChain
THORChain
RUNE
$ 0.5956
-0.05%
-0.18%
+6.32%
$ 208.91M
$ 663.34K

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.