Join Our Telegram channel to stay up to date on breaking news coverage
Leading DeFi tokens are seeing a surge in activity as the sector regains momentum. With total value locked (TVL) in DeFi surpassing $95 billion and user engagement steadily rising, investors show renewed confidence in decentralized finance protocols. This resurgence is driven by platforms offering yield opportunities and practical tools for real-world use cases like payments, lending, and governance.
In today’s spotlight are four leading DeFi tokens by market activity—Morpho, Request Network, TrueFi, and Hifi Finance—that are gaining traction through innovative updates and strong market performance. From fixed-rate lending to cross-chain payments and DAO governance, these projects are pushing the boundaries of what’s possible in DeFi while maintaining bullish momentum.
Biggest DeFi Token By Market Activity Today – Top List
Morpho is a decentralized platform that streamlines lending and borrowing in DeFi, with non-custodial Morpho Vaults designed to optimize yield. Request Network enables secure, peer-to-peer payments on Ethereum without intermediaries. TrueFi offers interest-bearing pools for traditional and crypto assets, redefining DeFi lending. Through its decentralized protocol, Hifi allows users to borrow crypto at fixed interest rates. Let’s understand why these tokens are leading DeFi token by market activity today.
1. Morpho (MORPHO)
Morpho is a decentralized platform that simplifies lending and borrowing in DeFi. Lenders earn yields through Morpho Vaults, non-custodial pools designed to optimize returns. Borrowers can directly access assets from Morpho Markets. The platform’s open infrastructure allows developers and businesses to create custom markets and applications, all while being trustless and efficient with low gas consumption.
The Morpho token supports governance and utility within the ecosystem, improving collateralization and interest rates. It enables seamless, decentralized transactions and risk management, allowing developers and businesses to build on the platform’s permissionless infrastructure.
Morpho (MORPHO) is currently priced at $1.37, showing a 3.14% increase in the last 24 hours, 10.20% in the past week, and 19.93% in the previous month. With a price range of $1.31 to $1.38 in the past 24 hours, its consistent upward movement reflects strong investor interest. The token has high liquidity based on its market cap, contributing to its bullish sentiment and indicating potential for continued growth.
Introducing Morpho Lite
A minimal, open-source app with just the essential Earn and Borrow features.
Simple by design, making it easy to deploy on any chain. pic.twitter.com/eHwSAYFZBm
— Morpho Labs 🦋 (@MorphoLabs) May 2, 2025
Morpho introduces Morpho Lite, a lightweight, open-source app built for simplicity and speed. Designed with just the essentials—Earn and Borrow—it’s easy to deploy across multiple chains, supporting Morpho’s mission of multichain accessibility.
With Morpho Lite, users can earn by depositing and withdrawing, borrowing with collateral, and tracking rewards (claimable via merkl). While the main Morpho App serves Ethereum and Base, Morpho Lite expands its reach to Polygon, Optimism, World Chain, and beyond—bringing DeFi to more users more efficiently.
2. Request (REQ)
Request Network is a decentralized Ethereum-based payment system that allows users to request and receive payments securely without third-party intermediaries. It offers an open-source platform where apps can work together, creating a seamless financial ecosystem with lower transaction costs and greater privacy.
The REQ token powers the network, enabling governance, staking, and anti-spam functions. It helps ensure the platform’s stability and provides users with benefits like transaction discounts, making it a vital component of the decentralized payment system.
Request (REQ) is currently priced at $0.1335, with a 5.95% increase in the last 24 hours, 8.43% in the past week, and 29.66% in the previous month. The token has outperformed 68% of the top 100 crypto assets over the past year, showcasing its strong performance. Trading above the 200-day simple moving average further solidifies its bullish momentum and long-term potential.
Request Network unleashes a new level of financial freedom with its latest API update. It now supports cross-chain invoice payments with automatic route optimization and token selection for faster, smarter transactions. Designed for seamless integration, this upgrade lets developers enable cross-chain invoicing in just two hours, unlocking efficient, borderless payments for users and businesses.
3. SUBBD Token (SUBBD)
SUBBD is an AI-powered platform revolutionising content monetisation in the creator-subscriber economy. Combining AI tools and Web3 enables creators to manage and monetise content, efficiently cutting out middlemen. With features like AI live streams, voice generators, and a 24/7 personal assistant, SUBBD offers a decentralised alternative to platforms like OnlyFans.
The $SUBBD token powers the platform, enabling access to content, offering tips, and facilitating creator requests. Currently in presale at $0.055325, with over $327,000 raised, the token provides exclusive perks, VIP access, and a 20% annual return through staking. Ten per cent of the total supply is allocated for airdrops and rewards.
$SUBBD Presale Hits $300k! ♥️
Creator economy 2.0 is loading… 📷https://t.co/dLCKejq5eX pic.twitter.com/daFlTht5dq
— SUBBD (@SUBBDofficial) May 3, 2025
It has also been featured on major cryptocurrency platforms, including Cryptonomist, Coinspeaker, Bitcoinist, 99Bitcoins, and TradingView via NewsBTC, highlighting its growing presence in the AI and Web3 space. With its increasing influence, $SUBBD is gaining rapid traction. The launch of the AI Personal Assistant further strengthens its position, offering creators continuous fan engagement. As AI and Web3 redefine digital content, $SUBBD shapes the future of creator income.
4. TrueFi (TRU)
TrueFi is a decentralized platform that reshapes lending and borrowing in DeFi by offering interest-bearing pools for both traditional and cryptocurrency assets. Unlike traditional DeFi models, TrueFi provides uncollateralized loans, allowing for competitive interest rates and a more flexible, decentralized lending protocol. Its innovative approach offers higher returns for liquidity providers while eliminating the need for collateral.
The TRU token is essential to the TrueFi ecosystem, playing a key role in governance, rewards, and credit prediction. TRU holders influence lending decisions by rating the creditworthiness of borrowers, shaping the platform’s decentralized credit system. By holding TRU, users have a say in the platform’s future, creating a more inclusive financial system driven by incentives and community participation.
TrueFi (TRU) is currently priced at $0.03765, with a 2.10% increase in the past 24 hours and a 16.96% rise over the last month. The price has fluctuated between $0.03677 and $0.03809 in the past 24 hours. With high liquidity based on its market cap, TRU demonstrates strong market interest and is positioned for potential growth, reflecting its solid performance in the broader market, making it one of the leading DeFi tokens by market activity today.
Treasuries moving onchain aren’t just entering a growth stage—they’re reshaping the landscape of finance and crypto. Yield-bearing digital dollars are reshaping DeFi’s foundation: trust, yield, and composability. Institutions are no longer on the sidelines. This enables new more…
— TrueFi (@TrueFiDAO) May 2, 2025
Truefi is leading the charge as treasuries move on-chain, signaling a new growth phase in traditional finance and crypto. Yield-bearing digital dollars are becoming a crucial building block of DeFi, transforming its core principles of trust, yield, and composability. This shift empowers institutions to transition from the sidelines to active participants in the ecosystem.
The move to on-chain treasuries paves the way for developing new, more trusted financial primitives. Institutions adopting these innovations set the stage for groundbreaking advancements in decentralized finance, offering increased security and scalability for all players involved.
5. HiFi Finance (HIFI)
Hifi is a decentralized finance protocol that allows users to borrow crypto at fixed interest rates. It uses an Automated Market Maker model, where liquidity providers supply tokens to pools, and interest rates are determined by supply and demand. This system enables predictable lending and borrowing without the need to negotiate terms.
The HIFI token facilitates governance, giving holders voting rights on protocol changes and proposals. This community-driven approach ensures users can shape the platform’s future. Hifi’s fixed interest rates offer more certainty for borrowers and lenders, making it more predictable than variable-rate protocols.
Hifi Finance (HIFI) is currently priced at $0.2661, showing a 16.10% increase in the past 24 hours, 17.02% in the last week, and 44.08% in the past month. Its price performance over the previous 24 hours ranges between a low of $0.228 and a high of $0.2657, reflecting strong bullish momentum. The recent price surge suggests an increased market interest and potential for further growth.
With over 5.9 million votes in favor, we've officially passed HIP 16 — a critical measure designed to provide the Hifi DAO with a clear fallback strategy while the long-term direction remains uncertain.
View the full blog below ⬇️https://t.co/tYNJtIfTOl
— Hifi Finance (@HifiFinance) May 2, 2025
HIFI Finance has successfully passed HIP 16, with over 5.9 million votes in favour. This crucial measure establishes a clear fallback strategy for the Hifi DAO as the community navigates the uncertain long-term direction of the project.
By securing this vote, the Hifi DAO ensures continued stability and governance, providing a solid foundation for future decision-making while maintaining flexibility in response to evolving market conditions.
Read More
Best Wallet - Diversify Your Crypto Portfolio
- Easy to Use, Feature-Driven Crypto Wallet
- Get Early Access to Upcoming Token ICOs
- Multi-Chain, Multi-Wallet, Non-Custodial
- Now On App Store, Google Play
- Stake To Earn Native Token $BEST
- 250,000+ Monthly Active Users
Join Our Telegram channel to stay up to date on breaking news coverage
