Category

Decentralized Finance (DeFi) coins: are they halal?

430 Decentralized Finance (DeFi) coins screened against our 27-point Shariah methodology. Open any report for pillar scores, criterion breakdowns and purification guidance.

What is Decentralized Finance (DeFi)?

DeFi (Decentralized Finance) is a category of cryptocurrencies built around replicating banking, lending, and trading functions through smart contracts instead of centralized institutions — covering everything from lending pools to decentralized exchanges to yield aggregators.

How CryptoUmmah screens Decentralized Finance (DeFi) coins

DeFi is one of the categories where the ruling most often turns on riba, not gharar or maysir. That's because a huge share of DeFi's economic activity is structurally a lending or credit market — deposit pools that pay depositors a yield funded by borrower interest. Our methodology scores this at the mechanism level rather than the category level: a protocol whose native revenue comes from interest-bearing lending, treasury holdings in interest-bearing instruments, or fixed/guaranteed staking-style rewards scores poorly on riba specifically, regardless of how "decentralized" or well-audited it is. Conversely, DeFi protocols built around genuine fee-sharing — like AMM liquidity provision, where returns are variable and tied to real trading volume with real exposure to loss — can score well, since that structure resembles a permissible partnership (Musharakah) rather than a loan. Across the 430 Decentralized Finance (DeFi) coins we've screened, the average Shariah compliance score sits at 51.2/100, with 9% classified Halal, 41% Mashbooh, and 50% Haram.

Halal: 40 coins (9%)Mashbooh: 175 coins (41%)Haram: 215 coins (50%)430 coins
  • Halal9%
  • Mashbooh41%
  • Haram50%
ShariahRibaGhararMaysir
180The GraphGRTHALAL86.2
177Marinade staked SOLMSOLHALAL83.1
611API3API3HALAL82.8
19ChainlinkLINKHALAL82.4
39UniswapUNIHALAL82.1
131JitoJTOHALAL81.4
333OrcaORCAHALAL80.9
123Lido DAOLDOHALAL80.1
2561inch1INCHHALAL80.1
3310x ProtocolZRXHALAL79.4
1886CovalentCQTHALAL78.9
957LoopringLRCHALAL78.4
287Nexus MutualNXMHALAL78
513Rocket PoolRPLHALAL77.7
1321HashflowHFTHALAL77.5
199THORChainRUNEHALAL77.3
1345MarlinPONDHALAL76.4
499Tellor TributesTRBHALAL76.1
172RaydiumRAYHALAL75.5
1512OraichainORAIHALAL75.5
586UMAUMAHALAL75.3
117Pyth NetworkPYTHHALAL74.3
1147MarinadeMNDEHALAL74.1
647Band ProtocolBANDHALAL74
353NumeraireNMRHALAL73.4
461SushiSUSHIHALAL73.2
88JupiterJUPHALAL72.9
675Monerium EUR emoney [OLD]EUREHALAL72
136PendlePENDLEHALAL71.9
532AmpAMPHALAL71.6
204BitwayBTWHALAL71.6
2143StreamflowSTREAMHALAL71.4
1233TokenFiTOKENHALAL71.3
1370Particle NetworkPARTIHALAL71.3
300Reserve RightsRSRHALAL71.2
1481Ekubo ProtocolEKUBOHALAL71
603Monerium EUR emoneyEUREHALAL70.9
215Synthetix NetworkSNXHALAL70.7
1412BalancerBALHALAL70.7
576HydrationHDXHALAL70.6
1585PangolinPNGMASHBOOH69.9
848Kyber Network CrystalKNCMASHBOOH69.6
10HyperliquidHYPEMASHBOOH69.5
1063SaucerSwapSAUCEMASHBOOH69
106PancakeSwapCAKEMASHBOOH68.5
125Curve DAOCRVMASHBOOH68.5
127Terra Luna ClassicLUNCMASHBOOH68.5
133GnosisGNOMASHBOOH68.5
696OsmosisOSMOMASHBOOH68.5
725WOOWOOMASHBOOH68.5
2759xExchangeMEXMASHBOOH68.4
240Convex FinanceCVXMASHBOOH68.1
1584OptioOPTMASHBOOH68.1
1108QIE BlockchainQIEMASHBOOH67.7
2215NFTXNFTXMASHBOOH67.6
782SailOut RoyaltySAIL.RMASHBOOH67.2
1830Covalent X TokenCXTMASHBOOH67.2
1820RenRENMASHBOOH67
1524MinswapMINMASHBOOH66.7
1157Keep NetworkKEEPMASHBOOH66.7
2718PolkaswapPSWAPMASHBOOH66.5
1038Mey NetworkMEYMASHBOOH66.3
925DODODODOMASHBOOH66.2
2060KyoKYOMASHBOOH66
298CoW ProtocolCOWMASHBOOH65.9
2117OdosODOSMASHBOOH65.9
1883Haedal ProtocolHAEDALMASHBOOH65.7
674Liquity USDLUSDMASHBOOH65.5
2012Infrared FinanceIRMASHBOOH65.5
484VVS FinanceVVSMASHBOOH65.3
1136WanchainWANMASHBOOH65.3
2365SymbiosisSISMASHBOOH65.3
830Stargate FinanceSTGMASHBOOH65.2
2446Ribbon FinanceRBNMASHBOOH65.1
2738IDEXIDEXMASHBOOH65
1743AmpleforthAMPLMASHBOOH64.9
895DefinitiveEDGEMASHBOOH64.8
647BandBANDMASHBOOH64.7
489LombardBARDMASHBOOH64.7
363XDAIXDAIMASHBOOH64.6
1854Pharaoh Liquid Staking TokenP33MASHBOOH64.6
3788Seedify-fundSFUNDMASHBOOH64.3
790RenzoREZMASHBOOH64.2
2098RigoBlockGRGMASHBOOH64.2
1668TrustSwapSWAPMASHBOOH64
722BounceAUCTIONMASHBOOH63.8
1019Coin98C98MASHBOOH63.8
1468PolkastarterPOLSMASHBOOH63.8
569MomentumMMTMASHBOOH63.8
825STONSTONMASHBOOH63.6
1212Ellipsis [OLD]EPSMASHBOOH63.5
789TokenlonLONMASHBOOH63.5
312yearn-financeYFIMASHBOOH63.3
2086Hipo Governance TokenHPOMASHBOOH63.1
2656AxiomeAXMMASHBOOH63
1057Maya ProtocolCACAOMASHBOOH62.5
2346GT3 FinanceGT3MASHBOOH62.4
2657Kyber Network Crystal LegacyKNCLMASHBOOH62.3
2563MOEMOEMASHBOOH62.1
420BabylonBABYMASHBOOH62.1
923DeGateDGMASHBOOH62
351GMXGMXMASHBOOH61.9
1540Hera FinanceHERAMASHBOOH61.9
563FogoFOGOMASHBOOH61.9
863Cetus ProtocolCETUSMASHBOOH61.9
1981Zypto TokenZYPTOMASHBOOH61.9
2071ShapeShift FOXFOXMASHBOOH61.8
261dYdXDYDXMASHBOOH61.4
2537dHEDGE DAODHTMASHBOOH61.3
2207HyperSwapSWAPMASHBOOH61.3
1048DIADIAMASHBOOH61.3
1582inSure DeFiSUREMASHBOOH61.2
1249YellowYELLOWMASHBOOH61.1
151FraxFRAXMASHBOOH61
976ChintaiCHEXMASHBOOH60.8
2197Veno FinanceVNOMASHBOOH60.8
1784Fei USDFEIMASHBOOH60.7
1316ThenaTHEMASHBOOH60.4
2285ProsperPROSMASHBOOH60.1
1530QuickswapQUICKMASHBOOH59.9
1405Stake DAOSDTMASHBOOH59.7
458DeepBookDEEPMASHBOOH59.5
1155THORSwapTHORMASHBOOH59.5
2161DragonSwapDRGMASHBOOH59.4
551KinetiqKNTQMASHBOOH59.2
1765DeFi Pulse IndexDPIMASHBOOH59.2
2595Eris Amplified LunaAMPLUNAMASHBOOH59.2
614Nirvana ANAANAMASHBOOH59.2
2224PawtatoTATOMASHBOOH58.5
921AdsharesADSMASHBOOH58.4
2716ParaSwapPSPMASHBOOH58.4
644Bancor NetworkBNTMASHBOOH58.2
2521MintlayerMLMASHBOOH58.1
1010Gains NetworkGNSMASHBOOH58
1494SmarDexSDEXMASHBOOH58
943HumidiFiWETMASHBOOH58
2302ChainSwapCSWAPMASHBOOH57.9
779cWBTCCWBTCMASHBOOH57.7
1551KRYLLKRLMASHBOOH57.5
22DaiDAIMASHBOOH57.4
387Magma FinanceMAGMAMASHBOOH57.2
570cETHCETHMASHBOOH57
2695SarosSAROSMASHBOOH57
2379MementoDEXTFMASHBOOH56.9
2292GardenSEEDMASHBOOH56.8
2749Beethoven X (Legacy)BEETS-LEGACYMASHBOOH56.6
2496RocketX ExchangeRVFMASHBOOH56.5
794Tornado CashTORNMASHBOOH56.2
1008InfinexINXMASHBOOH56.2
2244DexKitKITMASHBOOH56.2
891TRIATRIAMASHBOOH56.1
993LocalCoinSwapLCSMASHBOOH56.1
419aPrioriAPRMASHBOOH55.9
1496HyperionRIONMASHBOOH55.9
2304Orbiter FinanceOBTMASHBOOH55.8
2466King ProtocolKINGMASHBOOH55.7
1853BeefyBIFIMASHBOOH55.6
622BaselineBMASHBOOH55.6
2387TrueFiTRUMASHBOOH55.5
1504SYMMIOSYMMMASHBOOH55.5
1197StakeStoneSTOMASHBOOH55.4
1355GVNRGVNRMASHBOOH55.3
1740Usual ETHETH0MASHBOOH55.1
122Sun TokenSUNMASHBOOH55
1644LooPIN NetworkLOOPINMASHBOOH54.8
971SynFuturesFMASHBOOH54.7
2437TharwaTRWAMASHBOOH54.7
2510Unchain XUNXMASHBOOH54.7
2346HubSuiteHSUITEMASHBOOH54.6
1629Ref FinanceREFMASHBOOH54
1956SerumSRMMASHBOOH54
1467HydranetHDNMASHBOOH53.5
1729AugurREPMASHBOOH53.3
757RyzeRYZEMASHBOOH53.3
2050mETH ProtocolCOOKMASHBOOH53.3
884AevoAEVOMASHBOOH53.1
2052R0AR Token1R0RMASHBOOH53.1
926LiquityLQTYMASHBOOH53
880Kelp GainAGETHMASHBOOH53
328MAG7.ssiMAG7.SSIMASHBOOH52.9
2546KARAT GalaxyKARATMASHBOOH52.7
172Zebec NetworkZBCNMASHBOOH52.4
215SynthetixSNXMASHBOOH52.4
399BerachainBERAMASHBOOH52.3
1163DineroDINEROMASHBOOH52.3
2057Planet IXAIXMASHBOOH52.1
1718MESSIERM87MASHBOOH51.9
2833EthosETHOSMASHBOOH51.8
1502BeatswapBTXMASHBOOH51.6
1026JOEJOEMASHBOOH51.5
2101UniLayerLAYERMASHBOOH51.5
268SoSoValueSOSOMASHBOOH51.5
850Yield BasisYBMASHBOOH51.4
162MapleMPLMASHBOOH51.3
1787Harvest FinanceFARMMASHBOOH51.3
220VisionVSNMASHBOOH51.2
598AnvilANVLMASHBOOH51.2
1961Neutrino Index TokenXTNMASHBOOH51.1
1666Hey AnonANONMASHBOOH51
2615Solrise FinanceSLRSMASHBOOH51
973BOB (Build on Bitcoin)BOBMASHBOOH51
1239ResolvRESOLVMASHBOOH50.9
2242f(x) ProtocolFXNMASHBOOH50.8
1673EnzymeMLNMASHBOOH50.7
1698Lumi Finance LUAUSDLUAUSDMASHBOOH50.6
1017OrderlyORDERMASHBOOH50.5
1415AnyswapANYMASHBOOH50.3
2431Wrapped HLPWHLPMASHBOOH50.3
1332BadgerBADGERMASHBOOH50.2
2502Roco FinanceROCOMASHBOOH50.2
1522AlchemixALCXMASHBOOH50.2
272o1.exchangeOMASHBOOH50.1
2296Kodiak FinanceKDKMASHBOOH50.1
2098SologenicSOLOMASHBOOH50.1
1860RCH TokenRCHMASHBOOH50.1
2157XSwapXSWAPHARAM50
1542BluefinBLUEHARAM49.8
1314Inverse FinanceINVHARAM49.6
2852Alien BaseALBHARAM49.6
2729KuviKUVIHARAM49.4
515APEXAPEXHARAM49.3
157VelvetVELVETHARAM49.2
2764iZUMi FinanceIZIHARAM49.2
688SODAXSODAHARAM49.2
1235Pear ProtocolPEARHARAM48.9
2120YelayYLAYHARAM48.8
1920Equilibria FinanceEQBHARAM48.7
1529RHEARHEAHARAM48.7
2572Index Coop - ETH 2x Flexible Leverage IndexETH2X-FLIHARAM48.7
516UnitasUPHARAM48.7
1959ParclPRCLHARAM48.6
1848ParadexDIMEHARAM48.2
1793GoldfinchGFIHARAM48
1045SuperformUPHARAM47.9
2727Rai Reflex IndexRAIHARAM47.8
2562Autocompounding Voting KATAVKATHARAM47.8
1308StrikeSTRIKEHARAM47.7
755ZEROBASEZBTHARAM47.7
2607ZEALZEALHARAM47.7
397VeloVELOHARAM47.6
76EthenaENAHARAM47.5
1168KernelDAOKERNELHARAM47.4
503FrankencoinZCHFHARAM47.4
321Lista USDLISUSDHARAM47.4
356TronBankTBKHARAM47.3
–MakerMKRHARAM47
679Lido EarnUSDEARNUSDHARAM46.9
1373Peapods FinancePEASHARAM46.9
432Flying TulipFTHARAM46.8
713SolsticeSLXHARAM46.8
1985Cryptex FinanceCTXHARAM46.8
199Lido Earn ETHEARNETHHARAM46.8
1652NominaNOMHARAM46.8
1272MitosisMITOHARAM46.5
146Legacy Frax DollarFRAXHARAM46.3
994SolayerLAYERHARAM46.1
2555SpectraSPECTRAHARAM46.1
1793Flash.TradeFAFHARAM46
462BedrockBRHARAM45.8
2386ĒnosysHLNHARAM45.8
1918GAIBGAIBHARAM45.8
138OlympusOHMHARAM45.7
2104OmnipairOMFGHARAM45.7
2437Perpetual ProtocolPERPHARAM45.6
1946mStable USDMUSDHARAM45.5
984RujiraRUJIHARAM45.3
46AsterASTERHARAM45.3
1211MetronomeMETHARAM45.1
1509TurtleTURTLEHARAM45.1
1167Defi.moneyMONEYHARAM45.1
799BonfidaFIDAHARAM45
2314Storm TradeSTORMHARAM45
1852SatoSATOHARAM45
2579Hoge FinanceHOGEHARAM45
1497MEZOMEZOHARAM44.9
161crvUSDCRVUSDHARAM44.9
170Falcon FinanceFFHARAM44.8
1299Alchemix USDALUSDHARAM44.7
788ROLLROLLHARAM44.7
401ETHGasGWEIHARAM44.6
717ChainflipFLIPHARAM44.4
242AWE NetworkAWEHARAM44.3
2463mStable Governance: MetaMTAHARAM44.2
475HOMEHOMEHARAM44.2
2090VaiVAIHARAM44.1
2291GammaSwapGSHARAM44
2522SpiderSwapSPDRHARAM43.8
1104DolomiteDOLOHARAM43.7
2368Index CooperativeINDEXHARAM43.6
1186Vestra DAOVSTRHARAM43.6
2770ThalesTHALESHARAM43.6
2080Clover FinanceCLVHARAM43.6
1644NashNEXHARAM43.6
1594GearboxGEARHARAM43.6
641BOLDBOLDHARAM43.4
2066Frax Price Index ShareFPISHARAM43.3
729Frax (prev. FXS)FRAXHARAM43.3
820Lista DAOLISTAHARAM43.1
2532BlendBLNDHARAM43
186CompoundCOMPHARAM42.7
92LighterLITHARAM42.7
206Spiko Amundi Overnight Swap FundSAFOHARAM42.4
1379TreehouseTREEHARAM42.4
1810Thetanuts FinanceNUTSHARAM42.3
599Zest ProtocolZESTHARAM42.3
1326USUALxUSUALXHARAM42.1
733Yei FinanceCLOHARAM42.1
1419Dialectic USD VaultDUSDHARAM42.1
2617Ember EarnEEARNHARAM42
277KaminoKMNOHARAM42
2100FulcromFULHARAM41.9
59MorphoMORPHOHARAM41.9
642AvantisAVNTHARAM41.9
2707FrontierFRONTHARAM41.8
297FluidFLUIDHARAM41.7
295MeteoraMETHARAM41.7
2551DefactorREALHARAM41.6
1629Aave [OLD]LENDHARAM41.6
1066KatanaKATHARAM41.6
1288BENQIQIHARAM41.6
654Altura Vault TokensAVLTHARAM41.4
1868Cicada FinanceLTCICHARAM41.4
52AaveAAVEHARAM41.3
857KOTAIKTIHARAM41.2
2569PremiaPREMIAHARAM41.2
1073TribeTRIBEHARAM40.9
1125STBLSTBLHARAM40.9
1098H2OH2OHARAM40.8
1087Origin TokenOGNHARAM40.6
583OREOREHARAM40.6
604Block StreetBSBHARAM40.5
2705Seamless ProtocolSEAMHARAM40.5
1987ParallelPARHARAM40.5
165UltimaULTIMAHARAM40.4
2136Extra FinanceEXTRAHARAM40.3
2853ZINCZINCHARAM40.2
456VenusXVSHARAM40.1
1343MUX ProtocolMCBHARAM40
2173Hyperbeat Ultra HYPEHBHYPEHARAM39.8
1737sETHSETHHARAM39.8
940UsualUSUALHARAM39.7
1219Bella ProtocolBELHARAM39.7
3493ColendCLNDHARAM39.3
2495ContangoTANGOHARAM39.3
75Spiko Amundi Overnight Swap Fund (EUR)EURSAFOHARAM39.1
2464ScallopSCAHARAM39
385USD.AICHIPHARAM38.7
2726Bonzo FinanceBONZOHARAM38.7
2137Prosper [OLD]PROSHARAM38.6
1371Origin DollarOUSDHARAM38.6
2150SwissCheeseSWCHHARAM38.6
2469EverestIDHARAM38.5
937MoonwellWELLHARAM38
55SkySKYHARAM37.9
1311GroveGROVEHARAM37.8
1511CygnusCGNHARAM37.8
1516Pika ProtocolPIKAHARAM37.6
2012DerivaDAODDXHARAM37.5
2451XEN CryptoXENHARAM37.4
1354SolomonSOLOHARAM37.4
648Spiko Amundi Overnight Swap Fund (GBP)GBPSAFOHARAM37.3
2740WELFWELFHARAM37.3
1892YieldFi vyUSDVYUSDHARAM37.3
155Maple FinanceSYRUPHARAM37.3
1127YieldFi yTokenYUSDHARAM37.1
2792CreamCREAMHARAM37
77JUSTJSTHARAM36.9
227DeriveDRVHARAM36.9
1940NereusNRSHARAM36.9
421SparkSPKHARAM36.9
1281Drift ProtocolDRIFTHARAM36.8
1757Liqwid FinanceLQHARAM36.7
2293Shido NetworkSHIDOHARAM36.6
2694HatomHTMHARAM36.6
392AI Powered FinanceAIPFHARAM36.6
1506HyperLendHPLHARAM36.6
2180Flow LendingFLOWHARAM36.4
954MYX FinanceMYXHARAM36.3
1942FEED EVERY GORILLAFEGHARAM36.3
2376ResupplyRSUPHARAM36.2
543Huma FinanceHUMAHARAM35.9
2328TENEXSN67HARAM35.8
1352EVAA ProtocolEVAAHARAM35.8
2199WiseWISEHARAM35.6
1456NAVI ProtocolNAVXHARAM35.3
2754Juris ProtocolJURISHARAM35.2
367Quantix FinanceQFIHARAM35.2
571FOLKSFOLKSHARAM35
1216saffron.financeSFIHARAM34.9
753Main Street YieldMSYHARAM34.8
2305Flurry FinanceFLURRYHARAM34.7
754IBSIBSHARAM34.5
886ArrowARROWHARAM34.2
13RainRAINHARAM34.1
2033Beta FinanceBETAHARAM33.9
1777NexoraNEXHARAM33.8
1182DEFI.ssiDEFI.SSIHARAM33.6
205edgeXEDGEHARAM33.6
2403CashBackProCBPHARAM33.5
549BIMBIMHARAM33.4
825ClearpoolCPOOLHARAM33.2
352LABLABHARAM33.2
79Pump.funPUMPHARAM33
662CapCAPHARAM32.9
1560TectonicTONICHARAM32.6
2886MillionMMHARAM32.5
1468MonbaseCoinMBCHARAM32.3
2479River PtsRIVER PTSHARAM32.3
1389XaurasXRSHARAM32.1
1549Dialectic ETH VaultDETHHARAM31.7
839Galaxy WETH QualityETH:GWETHQHARAM31.4
1769SuilendSENDHARAM31.3
2156LUCKYLUCKYHARAM30.5
1292AvalonAVLHARAM30.4
2293IncomRWAIRWAHARAM30.2
379CortexCXHARAM30.1
975SpellSPELLHARAM29.8
2166RAMP [OLD]RAMPHARAM29.4
1013Loan ProtocolLOANHARAM29.1
1532SoilSOILHARAM29.1
1375WorldAssetsINCHARAM29
2591BNPL PayBNPLHARAM28.7
1609Rain CoinRAINHARAM28.2
366CyberDEXCYDXHARAM28.1
713EverythingEVHARAM27.4
637MangoMNGOHARAM26.2
626Galaxy USDT QualityETH:GUSDTQHARAM26
715Galaxy USDC Quality (Ethereum)ETH:GUSDCQHARAM25.4
749COINDEPOCOINDEPOHARAM24.1
1455TradoorTRADOORHARAM22.9