Top Decentralized Finance (DeFi) Coins By Market Cap: StETH, WSTETH, and HYPE in Focus

Lido Staked Ether (stETH) remained stable around the $3,000 mark, an indication of consolidation ready to continue the uptrend Market .

Wrapped stETH proved to be a hardy investment, trading upwards of 3,600 early and late after noon rally in trade on consistent liquidity and staking utility.

Hyperliquid (HYPE) is experiencing a 3.4% decrease, and even high volume cannot pull it out of the deep, which indicates the short-term bear market.

With the development of decentralized finance, a number of key DeFi tokens are experiencing significant action in the markets. Some of their representatives such as Lido Staked Ether (stETH), Wrapped stETH (WSTETH), and Hyperliquid (HYPE) are currently the most popular ones within the industry in terms of monetary value and trade volumes. These tokens provide various applications to DeFi and all of them show specific price dynamics in the last 24 hours.

Lido Staked Ether (stETH) Holds Above Key Support in Uptrend

The price of Lido Staked Ether (stETH) is now equal to 3006.07 dollars, which is 0.5% more than before, over the past day. The coin fluctuated through a daily fluctuation of 24 hours by the rates of $2,952.74 to $3,072.94, portraying highlighting moderately high intraday volatility. The action in the price was bullish in the initial hours of the day with the stETH increasing in a steady manner until the peaking reached around the middle of the day

The token has a market capitalization of $27.44 billion and a $31.94 million trading volume, with the asset amongst the most liquid options in the DeFi sector. The stable amount demonstrates close activity of traders and investors. Price did cool later in the session but the actual structure nevertheless remains friendly to consolidation which is the often the prelude to stronger moves should the momentum happen once again.

Wrapped stETH (WSTETH) Maintains Strength After Midday Rally.

Wrapped stETH (WSTETH), a tokenized version of Lido’s staked Ether, posted a 0.3% increase in the last 24 hours, closing at $3,622.65. The price ranged between $3,555.47 and $3,707.15, with an intense climb seen during the morning session. After reaching its peak, the price retraced gradually but remained above the $3,600 mark, showing buyer interest and stability.

The token’s market capitalization stands at $12.51 billion, while its 24-hour trading volume is $19.41 million, indicating moderate but consistent liquidity. Volume tapered off in the second half of the session, in line with a cooling in price action. Still, the token held its range well, supported by buying activity near the lower end of the intraday spectrum.

Hyperliquid (HYPE) Drops Despite High Volume Activity

Hyperliquid (HYPE) has experienced a notable pullback over the past 24 hours, currently trading at $47.37, marking a 3.4% daily loss. The token traded within a range of $46.66 to $49.75, hitting its high early in the day before entering a downward trend. Despite brief rebound attempts, the price failed to sustain upward movement, reflecting continued bearish pressure across the session.

With a market capitalization of $15.79 billion and a substantial trading volume of $486.85 million, HYPE remains highly active among DeFi assets. The volume data shows that market participants continue engaging with the token, but the trend currently favors sellers. The price touched its lowest level near $46.66 before bouncing slightly, signaling potential support around that level.