Top Lending & Borrowing Protocol Tokens by Market Capitalisation

Lending and borrowing protocols are core DeFi applications that allow users to supply assets for yield or collateralise them for cryptocurrency loans. These permissionless networks use smart contracts to automate interest rates based on real-time supply and demand dynamics. Native tokens are generally utilised for decentralised governance, revenue sharing, and incentivising protocol liquidity.

#
Coin
Price
Last 7 Days
Action
1
AaveToken
AaveToken
AAVE
$ 134.2
-0.40%
-1.34%
+5.92%
$ 2.06B
$ 2.08K
2
MORPHO
MORPHO
MORPHO
$ 2.5869
+0.15%
+1.33%
+1.26%
$ 1.28B
$ 55.89K
3
Olympus
Olympus
OHM
$ 20.36
+0.05%
0.00%
-0.54%
$ 303.90M
$ 116.31K
4
Maple Finance
Maple Finance
SYRUP
$ 0.22058
+0.01%
+2.11%
+17.87%
$ 261.89M
$ 418.84K
5
Compound
Compound
COMP
$ 21.08
+0.43%
+3.15%
+9.52%
$ 209.30M
$ 3.73K
6
Kamino
Kamino
KMNO
$ 0.02518
+0.84%
-0.71%
+3.80%
$ 121.46M
$ 2.28M
7
Spark
Spark
SPK
$ 0.022
+0.19%
-5.31%
+9.27%
$ 66.52M
$ 3.09M
8
Venus
Venus
XVS
$ 3.2994
-0.06%
+2.50%
+5.70%
$ 53.80M
$ 22.26K
9
Dogelon Mars
Dogelon Mars
ELON
$ 0.00000003261
-0.09%
-2.05%
-2.55%
$ 32.47M
$ 3.12T
10
Lista DAO
Lista DAO
LISTA
$ 0.07871
-0.64%
-5.58%
+11.83%
$ 32.16M
$ 755.02K
11
Euler Finance
Euler Finance
EUL
$ 1.3183
+0.85%
+1.58%
+0.70%
$ 31.72M
$ 44.32K
12
Teller
Teller
DEBIT
$ 1.76
0.00%
+0.09%
-9.28%
$ 30.27M
$ 236.81M
13
deBridge
deBridge
DBR
$ 0.01483
-0.07%
0.00%
+1.02%
$ 28.47M
$ 3.68M
14
CoinDepo
CoinDepo
COINDEPO
$ 0.10875
0.00%
+0.82%
+3.97%
$ 27.50M
$ 2.88M
15
Zest Protocol
Zest Protocol
ZEST
$ 0.13128
-0.78%
-0.39%
-6.20%
$ 18.86M
$ 554.81K
16
Quantix Finance
Quantix Finance
QFI
$ 18.642
0.00%
+0.25%
+5.20%
$ 18.64M
$ 0.17
17
Yei Finance
Yei Finance
CLO
$ 0.11528
-0.96%
+9.56%
-16.22%
$ 15.07M
$ 3.06M
18
Dolomite
Dolomite
DOLO
$ 0.0272
+0.37%
-0.40%
+3.46%
$ 12.01M
$ 2.03M
19
EVAA Protocol
EVAA Protocol
EVAA
$ 0.6651
+0.48%
+0.15%
-9.97%
$ 11.91M
$ 110.62K
20
Wise
Wise
WISE
$ 0.135629
-0.02%
0.00%
+0.92%
$ 11.83M
$ 1.57K
21
Moonwell
Moonwell
WELL
$ 0.00202767
+1.47%
-0.04%
-20.90%
$ 9.19M
$ 1.45M
22
BENQI
BENQI
BENQI
$ 0.00128
-0.39%
-2.83%
-1.01%
$ 9.14M
$ 42.82M
23
NAVI Protocol
NAVI Protocol
NAVX
$ 0.010482
-0.56%
-1.23%
-6.21%
$ 8.49M
$ 5.05M
24
Avalon
Avalon
AVL
$ 0.02066484
-0.62%
-0.00%
-7.93%
$ 8.03M
$ 278.85K
25
Abelian
Abelian
ABEL
$ 0.0672
-0.43%
+9.70%
+18.50%
$ 7.88M
$ 260.11K
26
Xauras
Xauras
XRS
$ 0.02980176
-0.01%
0.00%
+0.01%
$ 6.66M
$ 14.26K
27
Grove
Grove
GROVE
$ 0.00827487
+2.04%
+0.07%
+6.29%
$ 5.88M
$ 690.95K
28
HyperLend
HyperLend
HPL
$ 0.01222531
+0.90%
-0.16%
-6.97%
$ 4.81M
$ 70.91K
29
Liqwid Finance
Liqwid Finance
LQ
$ 0.23456
-0.46%
+0.02%
+11.89%
$ 4.76M
$ 52.94
30
Suilend
Suilend
SEND
$ 0.05297
0.00%
+0.02%
+2.93%
$ 3.98M
$ 154.50
31
Gearbox
Gearbox
GEAR
$ 0.00039131
+0.09%
-0.04%
+3.01%
$ 3.91M
$ 8.45K
32
MEZO
MEZO
MEZO
$ 0.00666599
+0.47%
-0.02%
-6.01%
$ 3.33M
$ 76.20K
33
Goldfinch
Goldfinch
GFI
$ 0.02953
-1.82%
+1.39%
-3.58%
$ 2.55M
$ 1.98M
34
Hatom
Hatom
HTM
$ 0.029482
-0.49%
-0.00%
+12.39%
$ 2.40M
$ 10.85K
35
DefiTuna
DefiTuna
TUNA
$ 0.00458388
-0.03%
+0.12%
-4.98%
$ 1.29M
$ 1.26K
36
TrueFi
TrueFi
TRU
$ 0.00087961
-0.22%
-0.01%
-3.25%
$ 1.11M
$ 5.96K
37
Radiant Capital
Radiant Capital
RDNT
$ 0.00052231
+0.12%
-0.02%
-4.61%
$ 750.47K
$ 19.53K
38
Scallop
Scallop
SCA
$ 0.00436765
+0.04%
+0.04%
+8.63%
$ 715.02K
$ 18.56K
39
Seamless Protocol
Seamless Protocol
SEAM
$ 0.01588391
+0.65%
-0.37%
-32.77%
$ 646.25K
$ 15.92K
40
Nostra
Nostra
NSTR
$ 0.00613488
0.00%
--
-2.17%
$ 613.49K
$ 6.89
41
Reservoir
Reservoir
DAM
$ 0.00214974
0.00%
+0.09%
+4.33%
$ 575.15K
$ 590.45
42
Notional Finance
Notional Finance
NOTE
$ 0.00637201
0.00%
--
-0.82%
$ 394.96K
$ 26.13
43
Silo Finance
Silo Finance
SILO
$ 0.00061742
0.00%
--
0.00%
$ 377.99K
$ 9.10
44
LO0P
LO0P
LO0P
$ 0.313003
+0.24%
+0.02%
-3.52%
$ 313.00K
$ 17.33K
45
Blend
Blend
BLND
$ 0.00440176
+4.86%
-0.18%
+31.70%
$ 295.62K
$ 9.53K
46
BendDAO
BendDAO
BEND
$ 5.206E-5
0.00%
0.00%
+1.80%
$ 214.58K
--
47
Celsius Network
Celsius Network
CEL
$ 0.00515487
-1.90%
-0.12%
-55.34%
$ 184.15K
$ 5.28K
48
Alpaca Finance
Alpaca Finance
ALPACA
$ 0.00078441
+0.30%
-0.00%
+6.15%
$ 118.97K
$ 1.49K
49
Pixie Dust
Pixie Dust
DUST
$ 0.04207568
0.00%
+0.02%
+3.06%
$ 114.51K
$ 2.19K
50
dForce
dForce
DF
$ 9.71E-5
0.00%
+0.40%
-0.36%
$ 97.09K
--

Frequently Asked Questions

How do decentralised lending and borrowing protocols function without traditional banks?
Decentralised lending protocols function via smart contracts that pool liquidity from depositors and automatically match them with borrowers, eliminating the need for banking intermediaries and credit checks.
What is over-collateralisation in decentralised finance (DeFi) lending?
Because DeFi is largely anonymous, over-collateralisation requires borrowers to deposit assets worth more than the value of the cryptocurrency they wish to borrow. This guarantees that lenders will always be repaid even if the borrower defaults.
How are interest rates determined on cryptocurrency lending protocols?
Interest rates on cryptocurrency lending protocols are determined algorithmically in real-time based on the utilisation rate of the liquidity pool. High borrowing demand automatically triggers higher interest rates to attract more depositors.
What role do liquidation mechanisms play in securing DeFi borrowing platforms?
Liquidation mechanisms protect the protocol's solvency. If the value of a borrower's collateral drops below a specific threshold due to market volatility, smart contracts automatically sell the collateral to repay the debt and protect the lenders.

Disclaimer

The inclusion of digital assets in the Lending/Borrowing Protocols sector, along with the classification rules and market data, are sourced from independent third parties. Listing a token in this category does not constitute an endorsement, guarantee, or investment recommendation by MEXC. All content is for informational purposes only. Cryptocurrency prices are subject to market fluctuations; please conduct your own research (DYOR) and trade cautiously.