DeFi DEX Tokens Climb as Stablecoins Bleed CMC Rank

Capital rotated from stablecoin reserves back into decentralized finance across CoinMarketCap's top 100 between 16 Sep and 17 Sep at 15:00 UTC. Four DEX and lending tokens posted the session's largest climbs while dollar-pegged assets lost ground. SEI re-entered at rank 100 as FDUSD dropped out.

DeFi DEX cluster leads the field

AAVE climbed from 42 to 39 on +8.1% 24h. PancakeSwap (CAKE) rose 70 to 67 (+9.8%), and Aerodrome (AERO) moved 79 to 76 (+14.5%). Lighter (LIT) added four ranks to reach 54 with +14.8%, the steepest percentage gain in the climbers list.

Token	Rank	Delta	24h
LIT Lighter	#54	▲ 4	▲ 14.8%
AERO Aerodrome Finance	#76	▲ 3	▲ 14.5%
CAKE PancakeSwap	#67	▲ 3	▲ 9.8%
AAVE Aave	#39	▲ 3	▲ 8.1%

Stablecoins give back rank

USDG slipped 25 to 28, United Stables (U) 48 to 51, and FDUSD dropped out of the index at 99. The dollar-pegged cluster trended lower while DEX tokens absorbed the freed rank slots.