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
$ 134,97
+0,22%
-1,24%
+6,62%
$ 2,07B
$ 2,28K
2
MORPHO
MORPHO
MORPHO
$ 2,5489
-0,11%
-1,02%
+0,56%
$ 1,29B
$ 48,12K
3
Olympus
Olympus
OHM
$ 20,34
-0,10%
+0,00%
+2,16%
$ 303,61M
$ 116,23K
4
Maple Finance
Maple Finance
SYRUP
$ 0,22122
-0,21%
+1,09%
+15,12%
$ 259,99M
$ 382,40K
5
Compound
Compound
COMP
$ 21,19
+0,29%
+0,14%
+9,38%
$ 211,00M
$ 3,46K
6
Kamino
Kamino
KMNO
$ 0,02502
+0,08%
-0,95%
+4,65%
$ 120,93M
$ 2,36M
7
Spark
Spark
SPK
$ 0,02155
+0,65%
-2,77%
+12,16%
$ 67,11M
$ 2,73M
8
Venus
Venus
XVS
$ 3,2894
+0,28%
-1,01%
+6,87%
$ 53,46M
$ 21,04K
9
Dogelon Mars
Dogelon Mars
ELON
$ 0,00000003248
+0,09%
-1,37%
-1,40%
$ 32,42M
$ 2,87T
10
Euler Finance
Euler Finance
EUL
$ 1,3206
+0,05%
+1,64%
+3,35%
$ 31,49M
$ 43,76K
11
Lista DAO
Lista DAO
LISTA
$ 0,07706
+0,54%
-6,22%
+10,09%
$ 31,28M
$ 785,32K
12
Teller
Teller
DEBIT
$ 1,73
0,00%
+0,09%
-1,70%
$ 29,84M
$ 224,37M
13
deBridge
deBridge
DBR
$ 0,01496
+0,07%
+0,27%
+3,39%
$ 28,77M
$ 3,60M
14
CoinDepo
CoinDepo
COINDEPO
$ 0,10882
-0,03%
+0,14%
+1,58%
$ 27,30M
$ 3,01M
15
Zest Protocol
Zest Protocol
ZEST
$ 0,13157
-0,06%
+1,26%
-2,41%
$ 19,30M
$ 500,64K
16
Quantix Finance
Quantix Finance
QFI
$ 18,641
0,00%
0,00%
+2,95%
$ 18,64M
$ 20,00
17
Yei Finance
Yei Finance
CLO
$ 0,11929
+0,60%
+4,72%
-14,53%
$ 15,36M
$ 2,72M
18
Dolomite
Dolomite
DOLO
$ 0,02739
+0,33%
-0,04%
+7,23%
$ 12,06M
$ 2,09M
19
Wise
Wise
WISE
$ 0,135035
-0,04%
-0,00%
+1,58%
$ 11,78M
$ 3,50K
20
EVAA Protocol
EVAA Protocol
EVAA
$ 0,6556
+0,39%
-3,46%
-10,10%
$ 11,62M
$ 147,92K
21
BENQI
BENQI
BENQI
$ 0,00126
+0,16%
+0,40%
+1,20%
$ 9,12M
$ 42,92M
22
Moonwell
Moonwell
WELL
$ 0,00198682
+0,45%
-0,04%
-21,34%
$ 8,99M
$ 148,30K
23
NAVI Protocol
NAVI Protocol
NAVX
$ 0,010439
+0,14%
-0,98%
-3,13%
$ 8,51M
$ 4,90M
24
Abelian
Abelian
ABEL
$ 0,06838
0,00%
+1,16%
+16,66%
$ 8,00M
$ 210,51K
25
Avalon
Avalon
AVL
$ 0,02055259
-0,34%
-0,00%
-8,91%
$ 7,96M
$ 313,55K
26
Xauras
Xauras
XRS
$ 0,02980224
0,00%
0,00%
+0,02%
$ 6,66M
$ 14,41K
27
Grove
Grove
GROVE
$ 0,008103
-0,10%
-0,00%
+2,16%
$ 5,94M
$ 743,47K
28
Liqwid Finance
Liqwid Finance
LQ
$ 0,233511
+0,21%
+0,02%
+10,24%
$ 4,74M
$ 351,51
29
HyperLend
HyperLend
HPL
$ 0,01198021
+0,39%
-0,17%
-12,01%
$ 4,72M
$ 73,69K
30
Gearbox
Gearbox
GEAR
$ 0,0003847
-0,68%
-0,06%
-12,16%
$ 3,85M
$ 8,62K
31
Suilend
Suilend
SEND
$ 0,050537
+0,01%
+0,00%
-1,47%
$ 3,80M
$ 166,42
32
MEZO
MEZO
MEZO
$ 0,00665041
0,00%
-0,01%
-6,26%
$ 3,33M
$ 37,21K
33
Goldfinch
Goldfinch
GFI
$ 0,02929
+1,77%
-5,61%
-1,88%
$ 2,57M
$ 1,93M
34
Hatom
Hatom
HTM
$ 0,02881588
-1,37%
-0,04%
+9,31%
$ 2,34M
$ 17,14K
35
TrueFi
TrueFi
TRU
$ 0,00088104
0,00%
-0,05%
+1,11%
$ 1,11M
$ 3,32K
36
DefiTuna
DefiTuna
TUNA
$ 0,00390749
+0,64%
-0,05%
-27,35%
$ 1,10M
$ 1,55K
37
Radiant Capital
Radiant Capital
RDNT
$ 0,00052068
+0,63%
0,00%
-1,74%
$ 748,20K
$ 21,20K
38
Scallop
Scallop
SCA
$ 0,00446091
+0,42%
+0,06%
+14,40%
$ 730,26K
$ 21,55K
39
Seamless Protocol
Seamless Protocol
SEAM
$ 0,01614283
0,00%
-0,35%
-31,40%
$ 656,80K
$ 16,59K
40
Nostra
Nostra
NSTR
$ 0,00612028
-0,24%
--
-2,44%
$ 612,03K
$ 14,34
41
Reservoir
Reservoir
DAM
$ 0,00166561
+11,97%
-0,22%
-19,03%
$ 445,63K
$ 1,52K
42
Notional Finance
Notional Finance
NOTE
$ 0,00646362
+0,01%
--
+0,45%
$ 400,64K
$ 32,22
43
Silo Finance
Silo Finance
SILO
$ 0,00061742
0,00%
--
0,00%
$ 377,99K
$ 9,10
44
LO0P
LO0P
LO0P
$ 0,310928
-0,13%
+0,01%
-3,08%
$ 310,93K
$ 17,68K
45
Blend
Blend
BLND
$ 0,00402708
-0,21%
-0,30%
+15,75%
$ 270,39K
$ 11,94K
46
BendDAO
BendDAO
BEND
$ 5,206E-5
0,00%
0,00%
+1,80%
$ 214,58K
--
47
Celsius Network
Celsius Network
CEL
$ 0,00521336
+0,10%
-0,07%
-56,28%
$ 186,21K
$ 6,64K
48
Alpaca Finance
Alpaca Finance
ALPACA
$ 0,00078347
+0,01%
0,00%
+6,40%
$ 118,82K
$ 1,07K
49
Pixie Dust
Pixie Dust
DUST
$ 0,04168061
-0,43%
+0,01%
+3,11%
$ 114,35K
$ 2,39K
50
dForce
dForce
DF
$ 0,0001002
-0,06%
--
+2,82%
$ 100,21K
$ 59,37

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.