When you buy through affiliate links in our content, we may earn a commission at no extra cost to you. Learn The world of DeFi continues to grow, with new projects being launched left and right. But what are the best DeFi coins to invest in? The answer to that question is not so simple.
Still, our professional investors and crypto experts made a list of the most attractive DeFi coins to buy, along with a short overview of each. Without further ado, let’s check out the available options.
- Ethereum Layer-2 chain featuring the classic Pepe meme and offering low transaction costs
- Stake $PEPU to earn dynamic staking rewards as massive, passive income
- Pepe Unchained aims to replicate the success of Pepe but with its own ecosystem
ETH
USDT-
BNB
- +1 more
- Fully-fledged crypto casino for meme coin wagering.
- Driven by the native $MEMEBET token players get access to airdrops, bonuses, & more.
- Supports anonymous gaming as well as Crypto Loot Boxes with exclusive prizes.
-
ETH
-
USDT
Debit- +2 more
- Latest meme project offering staking rewards for top meme tokens including PEPE & DOGE.
- Buy, stake and earn 3x rewards with the native $STARS token.
- Crypto All-Stars has developed a unique “MemeVault” staking smart contract for max rewards.
-
ETH
-
USDT
-
BNB
- +1 more
- DAO-based meme coin project offering Vote-to-Earn perks.
- Buy and stake $FLOCK tokens to earn massive rewards at a rate of 684.93 per ETH block.
- Token holders earn rewards via Vote-To-Earn mechanics.
-
ETH
-
USDT
-
Debit
- +1 more
- A high-stakes battle project where the Wild West meets crypto
- $SHIBASHOOT holders can buy and stake their tokens for passive rewards
- Offers a Posse Rewards referral program where players can earn bonus tokens
-
ETH
-
USDT
-
BNB
- +1 more
- An exclusive Solana GameFi token hits $300k mark within hours of launch
- Harnessing the lightning-fast speeds and cost-effective features of the SOL blockchain $DICE offers a unique gambling experience
- Offers massive airdrops for casino players in excess of $2.25M, as well as NFTs, early-bird bonuses and a referral program
-
SOL
-
ETH
-
BNB
- Hot meme coin project with play to earn utility and staking
- Price has pumped 10x in last month, rumored to be listing on Binance
- Over 12k holders and growing
-
ETH
-
USDT
-
Debit
- New ERC20 token celebrating 10 years of original DOGE's reign as king of the meme coins.
- As a PoS token presale investors can buy and stake DOGE2014 token's & earn passive rewards.
- 60% of the 100Bn supply is allocated to the presale with early-bird degens securing DOGE2014 tokens at a discount.
-
ETH
-
USDT
-
Debit
- Innovative FinTech startup revolutionizing payment transactions by integrating blockchain technology with conventional financial infrastructure.
- Native SPY token is the project's utility coin offering holders access to loyalty airdrops, voting power, and early access to exclusive features, products and services.
- All eyes are on this exciting crypto project which is set to launch on 4.5M devices globally by the end of this year alone.
-
USDT
-
ETH
-
USDC
- +5 more
- Groundbreaking BSC token built to reshape financial insurance and offer loans up to 75%
- Buy, HODL and stake your MEME tokens to earn 183% APY rewards
- Investors holding 10,000 or more MEME tokens get state-of-the-art NFTs
-
BNB
-
USDT
-
ETH
- Native Token of the DTX Exchange
- Earn Up to 15% in Bonus Tokens
- Upcoming $1 million mega giveaway
Bitcoin-
USDC
-
DAI
- +3 more
- Unique blockchain project merging F1 racing with blockchain technology.
- Buy and stake Race to a Billion tokens & start earning passive rewards.
- Early investors make the most of discounted tokens, staking, & can make predictions on F1 race outcomes.
-
ETH
-
USDT
-
Debit
- +1 more
- World's first chocolate themed meme coin on Solana, viral potential
- Already showing high Twitter engagement with a 50k+ follower count early in its presale
- Giveaways running on socials and prizes earmarked for top ranked presale buyers by token holdings
-
SOL
-
USDT
-
ETH
- Pioneering crypto platform with AI-driven technology making data analysis easier and more accessible.
- Uploaded data is meticulously validated and interpreted by AI software.
- Maintains data integrity with top-notch blockchain security.
-
BNB
-
ETH
-
USDT
We have narrowed down the list of the best DeFi coins to watch in 2024 to the following options. Some are new and still looking to break through to the mainstream, while others are already established cryptocurrencies. Here they are.12 Best DeFi Coins to Buy Today
Our Analysis: Best DeFi Crypto Projects
Here are detailed overviews of the best DeFi coins to buy in 2024.
1. Pepe Unchained – Best DeFi Coin Built on the Ethereum L2 Blockchain
Pepe Unchained ($PEPU) is a top DeFi token that leverages the power of the efficient and scalable layer-two (L2) Ethereum blockchain.
An L2 token, $PEPU offers faster transaction speeds by offloading transactions from the main chain. This also leads to greater scalability and lower gas fees. This DeFi token also reduces operational costs, promising double the staking rewards compared to other coins.
At press time, $PEPU can be staked on smart contracts to generate an annual yield of 168%. So far, over 439 million tokens are locked on Pepe Unchained’s staking mechanism. This Pepe-themed meme token has been soaring since its presale launch – raising over $12 million in a few months.
From the total 8 billion token supply, 1.6 billion tokens are being distributed through the presale. Another 2.4 billion tokens will be offered as staking rewards. At the time of writing, $PEPU is priced at $0.0094982 per token.
Stay tuned for further project updates by reading the Pepe Unchained whitepaper and joining the Telegram channel.
Total Tokens
8 Billion
Tokens available in presale
1.6 Billion
Blockchain
Ethereum
Token Type
ERC-20
Minimum purchase
None
Purchase with
ETH, USDT, BNB, Card
2. Memebet Token – Native Token of a Decentralized Casino, Wager Coins and Win Airdrops
The next token on our list is Memebet Token ($MEMEBET), the native currency of an upcoming decentralized Casino and Sportsbook ecosystem.
Memebet is the only Telegram casino where users can wager multiple meme coins, such as $PEPE and $DOGE. Users can also wager $MEMEBET, the native token of the platform. Doing so will earn early investors play-to-earn airdrops and exciting casino rewards.
The more $MEMEBET you wager, the more airdrops you can win on the platform. After the Casino is officially launched, Memebet will also offer lootboxes, which contain prizes such as signed Football jerseys of the Argentina team, NFTs, and cash prizes.
To benefit from all these use cases, interested investors can purchase $MEMEBET for $0.025 per token on presale. 70% of the total 2 billion token supply will be allocated across 30 presale rounds.
Another 20% will be distributed as Casino rewards and airdrops, while 10% will be allocated for liquidity purposes. Read the Memebet Token whitepaper and join the Telegram channel to learn more about this meme coin.
Total Tokens
2 Billion
Tokens available in presale
1.4 Billion
Blockchain
Ethereum
Token Type
ERC-20
Minimum purchase
None
Purchase with
ETH, USDT, BNB, MATIC, Card
3. Crypto All-Stars – The Ultimate Meme Coin Staking Platform with High APY
Another promising DeFi coin to buy is Crypto All-Stars ($STARS). It’s a hot new project creating a dedicated platform where people can stake their meme coins to earn more $STARS. The platform is similar to a piggy bank, where you can put different types of coins, and it gives you extra coins as a reward.
If you stake $STARS coins on this platform, you get three times more rewards than if you put other coins in. The best part about Crypto All-Stars is that it wants to bring together fans of different meme coins, such as PepeCoin, Dogecoin, and Shiba Inu, under one roof.
Right now, the platform is offering $STARS coins at a presale rate of just $0.0014248. They’ve already raised over $900,000 in a few days, showing huge community support.
It’s worth noting that early buyers get a high staking APY of over 1,400% at the time of writing. But this rate will decrease as more investors join.
You can read the Crypto All-Stars whitepaper to learn more about the project’s tokenomics and join their Telegram channel for the latest news.
Total Tokens
–
Tokens available in presale
20% of the total supply
Blockchain
Ethereum
Token Type
ERC-20
Minimum purchase
None
Purchase with
ETH, USDT, BNB, Card
4. Flockerz – Meme Coin With Staking and Vote-to-Earn Rewards
Flockerz ($FLOCK) is a popular meme coin in the DeFi space that aims to decentralize its governance and allow token holders to vote on key project decisions. Those who participate will be rewarded with $FLOCK tokens.
This is not the only way to get rewarded with this project, though. Early investors can stake their tokens and earn generous rewards of over 50,000% dynamic. Because the APY won’t last forever, it could be prudent for those who find this project appealing to lock their tokens as soon as possible and take advantage of the rewards.
The team’s decision to decentralize the project is evident by its tokenomics. 20% of the total token supply are allocated for the presale and 25% for staking rewards and another 25% for voting rewards. This effectively distributes 70% of the token supply to early investors and community members.
Interested investors can buy $FLOCK using ETH, USDT, or card – if they’re looking to stake their tokens. If not, BNB option is available.
Make sure to follow Flockerz on X and join their Telegram group to stay up to date.
Total Tokens
12 Billion
Tokens available in presale
2.4 Billion
Blockchain
Ethereum
Token Type
ERC-20
Minimum purchase
None
Purchase with
USDT, ETH, BNB, Card
5. Shiba Shootout – Leading Dog-themed coin promising multiple utility ideas
The next on our list of the best DeFi coins around is Shiba Shootout ($SHIBASHOOT). The crypto project presents itself as one of the top options for investors scouting for tokens that offer huge ROI.
Foremost, don’t forget that $SHIBASHOOT commenced its presale in April 2024 – a month that marks both the recent Bitcoin halving event and the annual Doge Day. $SHIBASHOOT is expected to ride on the excitement around these two significant events and the growing appetite for cryptocurrency to gain market credibility.
$SHIBASHOOT is on a mission to prove that it rules the Wild West crypto frontier, a campaign that is powered by its humorous characters – Marshal Shiba and Shiba Sharpshooters. To attain this height, the project promises to offer utility and value, setting it apart from traditional meme coins.
Above all, investing in the token empowers you to enjoy multiple upsides – staking rewards, referral bonuses, lotteries, and mouthwatering returns through its savings program.
Presale Started
April 2024
Purchase Methods
ETH, USDT, BNB, CARD
Chain
Ethereum
Hard Cap
N/A
Min Investment
None
Max Investment
None
6. Mega Dice Token – Hot New GameFi token with Daily Staking Rewards, Raised $1.2M+
Mega Dice Token ($DICE) is another popular DeFi coin to watch out for in 2024. It’s quite a popular crypto casino where people can bet over $50 million monthly.
The platform has over 10,000 active monthly users and has raised over $1.2 million in just a few weeks of launch.
If you stake $DICE, you can earn a share of the casino’s profits. Early buyers can buy $DICE for just $0.075 at press time. However, this price will increase in the next presale round.
Moreover, inviting your friends to the presale can help you earn 10% of their investment (with no upper limit).
The platform has a supply cap of 420 million tokens. 35% of these will be sold in the presale, 15% will be given out as airdrops to players, and 10% will be used for staking. This means that most of the tokens will be given to the community in one way or another.
To buy $DICE tokens, you can connect your Solana or Ethereum wallet to the presale site. You can pay using SOL, ETH, or BNB.
Users can follow Mega Dice Token on X and enter its Telegram group for more information.
Hard Cap
N/A
Total Tokens
420 million
Tokens available in presale
147 million
Blockchain
Solana Network
Token type
SPL
Minimum Purchase
None
Purchase with
SOL, ETH, BNB, USDT, Card
7. Sponge V2 – Top DeFi Crypto Project With High Minimum APY Of 205%
Sponge V2 (SPONGEV2) is evolving from the success of the $SPONGE meme coin.
This upgrade from the original Sponge V1, which saw a 100-fold increase in market value, aims to transition from a meme-focused approach to offering even more practical utility and high staking rewards.
It offers a Play-to-Earn (P2E) game and a high staking Annual Percentage Yield (APY) of up to 205%. The project also aims for listings on major exchanges like Binance and OKX.
The project has a “Stake-to-Bridge” mechanism, allowing users to easily convert V1 tokens to V2, locking in their V1 holdings.
Early V2 investors receive immediate purchase bonuses, while V1 holders can stake for rewards in V2.
Sponge V2’s total token supply is 150 billion, with a significant 43.09% reserved for staking rewards. An additional 8% is earmarked for incentives in its P2E game, encouraging active participation in the Sponge ecosystem.
The project’s broader strategy includes marketing initiatives and leveraging the 30,000-strong community established by Sponge V1.
Potential investors can stay updated on Sponge V2’s developments and exchange listings by following its social media channels, including Twitter, and joining its Telegram group.
SpacePay ($SPY) is one of the best DeFi coins to invest in as it bridges crypto and traditional payments. Using software compatible with existing card readers, this London-based startup will allow users to pay with cryptocurrency, while the merchant gets fiat currency. The company has already raised $750,000 from private investors, showing strong confidence in the project. Now, early investors have the chance to participate in the $SPY presale and buy the token at a lower price before it lists on exchanges. SpacePay supports multiple blockchains, allowing investors on Ethereum, Base, Avalanche, Binance and Polygon to buy $SPY with their native coins. The stablecoins USDC and USDT are also supported. $SPY token holders will get multiple benefits, per the SpacePay whitepaper, including revenue share, airdrop rewards each month, voting power, exclusive access to new features and more.
PLUTO, the native token of the upcoming PlutoSwap DEX aggregator, could be one of the best DeFi coins to buy now. That’s because it’s now in a token presale phase where you can buy it cheaper before it lists on major exchanges. Moreover, holding PLUTO will give you voting rights over the PlutoSwap development direction. The presale marks phase one of the roadmap, while in phase 2, the token will launch and will be listed on MEXC and other exchanges. Phase 3 will see the deployment of the DEX aggregator on multiple layer 2 blockchains, per the PlutoSwap whitepaper. Make sure to follow PlutoSwap on X and join the PlutoSwap Telegram channel for the latest information on the proejct.
BlastUP’s presale success, fueled by its multiple utilities, positions it as one of the hottest DeFi coins in the market right now. Given its current price and promising trajectory, analysts have already identified BLP’s ongoing presale as an attractive entry point for everyone who wants to capitalize on the bullish trends in the market to increase their bags. Renowned as the pioneering launchpad on Blast, BlastUP is gradually becoming a force to reckon with in the blockchain landscape, providing a friendly enablement for startups to flourish. Furthering its appeal is its extensive roadmap that conveys its plans to introduce AI-driven tools and a community marketplace for the benefit of all participants in the ecosystem. Despite the innovative concept and offerings of BlastUP, its native token, BLP is currently priced at a mere $0.06 per token. That said, the price of the DeFi coin is expected to increase as the project progresses to the next round of its presale. As such, this window represents a significant opportunity for those interested in the token to buy BLP at a cheap price. The presale is expected to come to a close on May 31, 2024 with $0.1 as its expected listing price. This means anyone who buys BLP right now will savor up to 66% gains on their initial investment when it launches on DEX.
Battle Infinity is a platform that hosts several battle games based on P2E, all of which are part of a single metaverse dubbed “The Battle Arena.” In addition to playing exciting games, players can enjoy the immersive virtual world, which they can explore and interact with. Those who own IBAT, the project’s native token, can stake their holdings and receive benefits while active on the platform. The project immediately attracted DeFi and crypto enthusiasts thanks to its unique system. In fact, it sold out all its presale tokens 65 days before the presale was supposed to end. The IBAT token continued strong, although its price decreased over time. IBAT’s price reached an all-time high on August 30, 2022, shortly after the project went live, with a single token costing $0.005538. The max supply is set to 10,000,000,000, and a total of 32% of IBAT is currently in circulation, although this is a self-reported circulating supply. It’s safe to say that this project is in a similar position to Tamadoge, as there’s so much planned for it, yet the IBAT token’s price has steadily declined after the initial hype. If you’re looking for the best DeFi investments and are a hard-core gamer who loves shooters, learn more about Battle Infinity and the pros and cons of investing in IBAT.
Avalanche was initially named the Ethereum killer thanks to its unique approach to transaction processing. Instead of one blockchain, it uses three chains (C-Chain, X-Chain, and P-Chain) to settle transactions. P-Chain is mainly used by network validators, X-Chain is for AVAX transactions (the native Avalanche token), and C-Chain is for processing Web3 and DeFi coins. The project peaked in 2021, with many P2E games and other Web3 projects introduced to its network. Currently, AVAX is trading at around $20, but that is likely to change soon as it’s a popular and highly-volatile asset. AVAX reached an all-time high on November 21, 2021, with a single unit costing $146.22. Unlike all the other new cryptos mentioned above, Avalanche is not a DeFi project with a specific use. Instead, it’s a platform that allows building and launching DeFi projects. So, what makes Avalanche different from, say, Ethereum or Cardano? There are several reasons AVAX made it to this list, but the main one is its unique consensus mechanism based on the directed acyclic graph (DAG) protocol, which could be helpful in the rapidly-evolving crypto space. Moreover, AVAX has an excellent burn mechanism, burning all fees that benefit the Avalanche community. That’s why it’s still considered one of the best DeFi cryptos.
Uniswap is a decentralized cryptocurrency exchange built on the Ethereum blockchain. It allows users to trade cryptocurrencies without needing a centralized intermediary or order book. Instead, Uniswap uses an automated market maker (AMM) system with a mathematical algorithm for calculating asset prices based on supply and demand. In Uniswap, users can provide liquidity by depositing pairs of cryptocurrencies into liquidity pools, and in return, they receive liquidity provider (LP) tokens representing their share of the pool. The price of assets in each pool is determined by a constant product formula that balances the two assets. Uniswap is currently trading at $6.15, although the exchange’s native token reached an all-time high of $44.97 in May 2021. The coin features a maximum supply of 1,000,000,000 UNI, with 76% already in circulation. Thanks to its unique and revolutionary mechanism, Uniswap is still the favorite of many investors. It’s currently ranked #18 in terms of overall market cap, which is north of $4 billion. Many considered Uniswap the best DeFi project when it was launched, but competitors started appearing soon after. Still, we believe it’s worth considering UNI when researching where to invest your funds, as it remains an influential DeFi crypto owned by hundreds of thousands of investors.
A DeFi coin is a cryptocurrency designed to facilitate decentralized finance (DeFi) activities. It is typically used to pay transaction fees, stake in protocols, and provide liquidity to DeFi markets. Protocols often issue DeFi coins, and holders benefit from these protocols’ activities. They can be earned passively or actively, depending on the type of DeFi coin and the protocol. For example, holders of the Compound’s COMP token can receive rewards for providing liquidity to the Compound protocol or earn fees for participating in peer-to-peer lending. It’s like a farmer who grows crops and then profits from selling them at the market or renting out their land to others. The farmer benefits from the activities they do with their land, and the same is true for DeFi coin holders, who benefit from the activities of the protocols they are connected to. DeFi coins have the potential to offer holders greater returns than traditional investments, as well as offer greater access to the DeFi ecosystem. DeFi cryptocurrency is a digital asset that utilizes blockchain technology to enable decentralized finance applications. It allows users to access financial services without a central authority or middleman. This enables users to access loans, insurance, and investments safely and securely. Nowadays, there are many DeFi cryptocurrencies, and they all serve different purposes. For example, one could argue that Ethereum is the most popular DeFi cryptocurrency, as its primary purpose is to create decentralized applications. In contrast, other cryptocurrencies, such as Chainlink and Uniswap, are used for providing liquidity and trading services. Strictly speaking, platforms such as Ethereum and Cardano aren’t perceived as DeFi, but they essentially are, given that they’re home to some popular DeFi projects. Decentralized Finance (DeFi) crypto offers several benefits, including: Investing in DeFi crypto isn’t different from investing in Bitcoin or any other type of cryptocurrency. Simply put, it involves high risk, so it’s important to do thorough research before investing. It is also essential to keep up with the latest news and trends in the industry to remain informed and make educated decisions. Our experts decided to help you by doing the heavy lifting and finding suitable investment opportunities. However, you should never forget that the decision to invest in DeFi crypto is ultimately personal. For those interested in DeFi crypto check out our article on the best crypto 2.0 coins in 2024. DeFi protocols are built on blockchain technology, known for security and transparency. However, DeFi protocols are still relatively new and untested, and there have been instances of hacks and other security issues. Researching and understanding the risks before investing in DeFi projects is essential. On the other hand, DeFi protocols offer a lot of potential for earning high returns on investment, and many people believe the risks are worth it. DeFi protocols are still evolving and becoming more secure, and the more people use them, the more likely it is that issues will be discovered and solved quickly. Ultimately, it’s up to us to research every DeFi coin and project before investing, especially if you’re investing a substantial amount. Remember that even the best DeFi project doesn’t come with guaranteed profits, as the industry is highly volatile and rapidly evolving. A project that seems promising and revolutionary today may be overshadowed by a better and bigger DeFi project in the future. That’s why following the news is also crucial for crypto investors. To ensure our readers receive unbiased, thorough, and reliable information, we conduct extensive research and analysis of a wide range of cryptocurrencies. We assess each crypto asset based on 14 distinct criteria, some of which include: By following this thorough approach, we provide comprehensive and reliable reviews tailored to the needs of crypto enthusiasts and investors alike. These DeFi cryptocurrencies are a great way to utilize the decentralized finance industry. They offer users a secure, transparent, and trustless way to access financial services without a centralized intermediary. People claim that DeFi is revolutionizing the way the world interacts with finance. While that’s true, the best DeFi tokens have the power to revolutionize other industries as well. We think Pepe Unchained offers the best upside potential. Built on the Ethereum L2 chain, Pepe Unchained offers fast transaction speeds and high scalability.
Hard Cap
N/A
Total Tokens
150 Billion
Tokens available in presale
N/A
Blockchain
Ethereum Network
Token type
ERC-20
Minimum Purchase
None
Purchase with
USDT, ETH, Card
8. SpacePay – Crypto Payments Infrastructure Project Shares Revenue With Token Holders
Presale Started
June 2024
Purchase Methods
ETH, BNB, BASE, AVAX, MATIC,USDT, USDC, Card
Chain
Ethereum
Hard Cap
N/A
Min Investment
None
Max Investment
None
9. PlutoSwap – AI-Powered DEX Aggregator and a DeFi Platform
Presale Started
February 2024
Purchase Methods
ETH, USDT, USDC, BNB, Card
Chain
Ethereum
Hard Cap
N/A
Min Investment
None
Max Investment
None
10. BlastUP – Most Promising DeFi Coin to Buy Now
Token symbol
BLP
Total supply
1 Billion
Presale supply
200 Million
Network
Ethereum
Purchase methods
BNB, ETH, MATIC, USDT
11. Battle Infinity – DeFi coin supporting P2E, Staking and Much More
12. Avalanche – One of the Fastest and Most Eco-Friendly Smart Contracts Crypto Networks
13. Uniswap – DeFi Platform With an Automated Market Maker
What is a DeFi Coin?
How Does DeFi Cryptocurrency Work?
What Are the Benefits of DeFi Crypto?
Is DeFi Crypto a Good Investment?
Is DeFi Crypto Safe?
How We Analyze and Review Cryptocurrencies
1000+ Crypto Assets Reviewed
300+ Research Hours
14 Key Variables Evaluated
50+ Expert Opinions Examined
Conclusion
FAQs
What is the best DeFi crypto to buy?
Is Cardano a DeFi crypto?
What are the top 5 DeFi coins?
