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
$ 134,21
+1,50%
+0,55%
+8,77%
$ 2,08B
$ 2,01K
2
MORPHO
MORPHO
MORPHO
$ 2,5658
+0,51%
+4,04%
+3,40%
$ 1,31B
$ 55,27K
3
Olympus
Olympus
OHM
$ 20,33
+0,30%
+0,00%
+1,85%
$ 303,47M
$ 177,58K
4
Maple Finance
Maple Finance
SYRUP
$ 0,22085
+0,38%
+3,30%
+18,03%
$ 263,25M
$ 404,95K
5
Compound
Compound
COMP
$ 20,86
+0,53%
+4,57%
+11,13%
$ 210,60M
$ 3,78K
6
Kamino
Kamino
KMNO
$ 0,02503
-0,16%
+0,24%
+3,57%
$ 122,09M
$ 2,25M
7
Spark
Spark
SPK
$ 0,02175
+0,05%
+3,57%
+13,72%
$ 68,00M
$ 3,11M
8
Venus
Venus
XVS
$ 3,2972
+0,33%
+1,21%
+6,90%
$ 54,34M
$ 21,73K
9
Dogelon Mars
Dogelon Mars
ELON
$ 0,00000003247
+0,80%
-0,37%
-1,86%
$ 32,69M
$ 3,15T
10
Lista DAO
Lista DAO
LISTA
$ 0,07924
-0,03%
-0,61%
+15,90%
$ 32,47M
$ 762,67K
11
Euler Finance
Euler Finance
EUL
$ 1,319
+0,41%
-0,63%
+0,46%
$ 31,35M
$ 47,50K
12
deBridge
deBridge
DBR
$ 0,01487
-0,13%
+0,88%
+1,50%
$ 28,60M
$ 3,65M
13
CoinDepo
CoinDepo
COINDEPO
$ 0,10916
+0,19%
-0,01%
+4,52%
$ 27,32M
$ 3,28M
14
Teller
Teller
DEBIT
$ 1,55
0,00%
-0,08%
-15,76%
$ 26,73M
$ 209,04M
15
Zest Protocol
Zest Protocol
ZEST
$ 0,12852
+0,22%
+4,83%
-6,24%
$ 19,03M
$ 546,49K
16
Quantix Finance
Quantix Finance
QFI
$ 18,642
0,00%
+0,25%
+3,21%
$ 18,64M
$ 0,17
17
Yei Finance
Yei Finance
CLO
$ 0,11364
-0,49%
-6,09%
-19,49%
$ 14,62M
$ 3,30M
18
Dolomite
Dolomite
DOLO
$ 0,02722
+0,11%
+0,96%
+3,21%
$ 12,08M
$ 2,64M
19
EVAA Protocol
EVAA Protocol
EVAA
$ 0,6664
-0,43%
-0,10%
-9,14%
$ 11,93M
$ 112,40K
20
Wise
Wise
WISE
$ 0,136044
+0,46%
+0,01%
+1,34%
$ 11,87M
$ 38,28K
21
Moonwell
Moonwell
WELL
$ 0,00204823
-0,33%
-0,03%
-19,08%
$ 9,28M
$ 1,35M
22
BENQI
BENQI
BENQI
$ 0,001261
-0,31%
-2,24%
+0,40%
$ 9,13M
$ 41,03M
23
NAVI Protocol
NAVI Protocol
NAVX
$ 0,010495
+0,30%
+0,02%
-2,48%
$ 8,59M
$ 5,17M
24
Avalon
Avalon
AVL
$ 0,02090052
-0,09%
+0,00%
-8,37%
$ 8,12M
$ 299,75K
25
Abelian
Abelian
ABEL
$ 0,06696
+0,06%
+9,67%
+18,11%
$ 7,90M
$ 291,42K
26
Xauras
Xauras
XRS
$ 0,0298042
0,00%
0,00%
+0,01%
$ 6,66M
$ 14,57K
27
Grove
Grove
GROVE
$ 0,00809684
+0,06%
+0,04%
+3,61%
$ 5,75M
$ 639,97K
28
HyperLend
HyperLend
HPL
$ 0,01234711
+1,92%
-0,17%
-5,80%
$ 4,86M
$ 65,08K
29
Liqwid Finance
Liqwid Finance
LQ
$ 0,235287
+0,63%
+0,03%
+13,04%
$ 4,77M
$ 772,35
30
Suilend
Suilend
SEND
$ 0,05275
+3,06%
+0,01%
+4,19%
$ 3,97M
$ 190,33
31
Gearbox
Gearbox
GEAR
$ 0,00039174
+0,51%
-0,02%
+3,30%
$ 3,92M
$ 8,47K
32
MEZO
MEZO
MEZO
$ 0,00664026
+0,13%
-0,04%
-6,47%
$ 3,32M
$ 97,71K
33
Goldfinch
Goldfinch
GFI
$ 0,02926
-1,82%
-2,32%
-6,13%
$ 2,51M
$ 1,98M
34
Hatom
Hatom
HTM
$ 0,02933872
+0,08%
-0,02%
+10,99%
$ 2,39M
$ 9,75K
35
DefiTuna
DefiTuna
TUNA
$ 0,00412246
0,00%
+0,01%
+6,53%
$ 1,16M
$ 906,54
36
TrueFi
TrueFi
TRU
$ 0,00089091
+0,04%
-0,01%
-5,07%
$ 1,12M
$ 6,43K
37
Radiant Capital
Radiant Capital
RDNT
$ 0,00052413
+0,33%
-0,01%
-1,34%
$ 753,14K
$ 16,38K
38
Scallop
Scallop
SCA
$ 0,00438717
+0,36%
+0,05%
+9,42%
$ 718,14K
$ 17,19K
39
Seamless Protocol
Seamless Protocol
SEAM
$ 0,01573271
+0,03%
-0,37%
-34,04%
$ 640,12K
$ 15,67K
40
Nostra
Nostra
NSTR
$ 0,00613488
+0,65%
--
-2,05%
$ 613,49K
$ 6,89
41
Reservoir
Reservoir
DAM
$ 0,00217762
+0,04%
+0,08%
+9,63%
$ 582,61K
$ 509,44
42
Notional Finance
Notional Finance
NOTE
$ 0,00637201
0,00%
--
-0,69%
$ 394,96K
$ 26,13
43
Silo Finance
Silo Finance
SILO
$ 0,00061742
0,00%
--
0,00%
$ 377,99K
$ 9,10
44
LO0P
LO0P
LO0P
$ 0,318512
+0,50%
+0,05%
-5,46%
$ 318,50K
$ 10,05K
45
Blend
Blend
BLND
$ 0,00430117
+0,38%
-0,19%
+36,55%
$ 288,63K
$ 9,55K
46
BendDAO
BendDAO
BEND
$ 5,186E-5
+0,33%
0,00%
+1,41%
$ 213,77K
--
47
Celsius Network
Celsius Network
CEL
$ 0,0054643
+5,15%
-0,07%
-52,64%
$ 195,18K
$ 6,92K
48
Alpaca Finance
Alpaca Finance
ALPACA
$ 0,00078664
+0,15%
-0,00%
+6,95%
$ 119,34K
$ 1,51K
49
Pixie Dust
Pixie Dust
DUST
$ 0,04207757
+0,01%
+0,05%
+3,07%
$ 114,50K
$ 2,51K
50
dForce
dForce
DF
$ 9,71E-5
0,00%
+1,65%
-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.