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
$ 134.91
-0.60%
-0.49%
+7.95%
$ 2.06B
$ 2.09K
2
MORPHO
MORPHO
MORPHO
$ 2.5698
-1.07%
+3.17%
+1.72%
$ 1.29B
$ 54.87K
3
Olympus
Olympus
OHM
$ 20.31
-0.05%
+0.00%
-0.10%
$ 303.20M
$ 171.08K
4
Maple Finance
Maple Finance
SYRUP
$ 0.22244
+0.17%
+2.87%
+18.25%
$ 263.50M
$ 410.19K
5
Compound
Compound
COMP
$ 20.98
-0.43%
+3.13%
+8.68%
$ 207.90M
$ 3.78K
6
Kamino
Kamino
KMNO
$ 0.02512
-0.60%
-0.36%
+2.67%
$ 121.02M
$ 2.23M
7
Spark
Spark
SPK
$ 0.02186
-0.95%
+2.34%
+12.45%
$ 67.38M
$ 3.07M
8
Venus
Venus
XVS
$ 3.3193
+0.07%
+1.52%
+7.09%
$ 54.33M
$ 21.82K
9
Dogelon Mars
Dogelon Mars
ELON
$ 0.00000003269
-0.58%
-1.19%
-2.61%
$ 32.39M
$ 3.17T
10
Lista DAO
Lista DAO
LISTA
$ 0.07935
-0.75%
-1.64%
+14.96%
$ 32.28M
$ 762.55K
11
Euler Finance
Euler Finance
EUL
$ 1.3191
-0.20%
-0.07%
-0.08%
$ 31.45M
$ 45.41K
12
deBridge
deBridge
DBR
$ 0.01485
-0.07%
+0.61%
+1.43%
$ 28.62M
$ 3.62M
13
CoinDepo
CoinDepo
COINDEPO
$ 0.10893
+0.03%
+0.02%
+3.83%
$ 27.33M
$ 3.32M
14
Teller
Teller
DEBIT
$ 1.57
+1.29%
-0.06%
-15.59%
$ 26.99M
$ 212.16M
15
Zest Protocol
Zest Protocol
ZEST
$ 0.12848
+0.14%
+3.05%
-6.72%
$ 18.81M
$ 556.69K
16
Quantix Finance
Quantix Finance
QFI
$ 18.642
0.00%
+0.25%
+3.21%
$ 18.64M
$ 0.17
17
Yei Finance
Yei Finance
CLO
$ 0.11538
+0.66%
-6.93%
-19.19%
$ 14.68M
$ 3.27M
18
Dolomite
Dolomite
DOLO
$ 0.0273
-0.44%
+0.29%
+2.87%
$ 12.03M
$ 2.62M
19
EVAA Protocol
EVAA Protocol
EVAA
$ 0.6675
-0.26%
-0.30%
-9.18%
$ 11.87M
$ 112.20K
20
Wise
Wise
WISE
$ 0.13541
-0.44%
+0.01%
+1.00%
$ 11.81M
$ 38.10K
21
Moonwell
Moonwell
WELL
$ 0.00208186
+1.44%
-0.02%
-18.50%
$ 9.43M
$ 114.95K
22
BENQI
BENQI
BENQI
$ 0.001277
-0.63%
-2.70%
+0.24%
$ 9.09M
$ 41.11M
23
NAVI Protocol
NAVI Protocol
NAVX
$ 0.010485
+0.44%
+0.14%
-2.51%
$ 8.59M
$ 5.12M
24
Avalon
Avalon
AVL
$ 0.02083288
+0.43%
+0.01%
-7.27%
$ 8.09M
$ 299.77K
25
Abelian
Abelian
ABEL
$ 0.06697
-0.04%
+9.51%
+18.61%
$ 7.88M
$ 269.06K
26
Xauras
Xauras
XRS
$ 0.02980621
+0.01%
0.00%
+0.02%
$ 6.66M
$ 14.42K
27
Grove
Grove
GROVE
$ 0.00811439
+0.14%
+0.04%
+3.65%
$ 5.76M
$ 637.11K
28
HyperLend
HyperLend
HPL
$ 0.01216197
-0.18%
-0.18%
-7.20%
$ 4.79M
$ 69.63K
29
Liqwid Finance
Liqwid Finance
LQ
$ 0.23272
-1.13%
+0.02%
+12.25%
$ 4.73M
$ 799.41
30
Suilend
Suilend
SEND
$ 0.052775
+0.05%
+0.02%
+3.54%
$ 3.97M
$ 185.92
31
Gearbox
Gearbox
GEAR
$ 0.00039009
-0.23%
-0.03%
+2.96%
$ 3.90M
$ 8.41K
32
MEZO
MEZO
MEZO
$ 0.00664464
-0.05%
-0.00%
-6.50%
$ 3.32M
$ 91.11K
33
Goldfinch
Goldfinch
GFI
$ 0.02983
+3.66%
+1.87%
-2.61%
$ 2.58M
$ 2.01M
34
Hatom
Hatom
HTM
$ 0.0295888
+0.47%
-0.05%
+11.94%
$ 2.41M
$ 10.81K
35
DefiTuna
DefiTuna
TUNA
$ 0.00411611
0.00%
+0.01%
+6.53%
$ 1.16M
$ 907.96
36
TrueFi
TrueFi
TRU
$ 0.00086419
-0.04%
-0.03%
-7.92%
$ 1.09M
$ 6.28K
37
Radiant Capital
Radiant Capital
RDNT
$ 0.00052504
-0.13%
-0.01%
-1.37%
$ 754.41K
$ 18.13K
38
Scallop
Scallop
SCA
$ 0.00437377
-0.28%
+0.06%
+12.70%
$ 716.35K
$ 17.38K
39
Seamless Protocol
Seamless Protocol
SEAM
$ 0.01573242
0.00%
-0.37%
-33.58%
$ 640.08K
$ 15.67K
40
Nostra
Nostra
NSTR
$ 0.00613488
0.00%
--
-1.94%
$ 613.49K
$ 6.89
41
Reservoir
Reservoir
DAM
$ 0.0021776
0.00%
+0.22%
+5.67%
$ 582.59K
$ 509.43
42
Notional Finance
Notional Finance
NOTE
$ 0.00637201
0.00%
--
-0.58%
$ 394.96K
$ 26.13
43
Silo Finance
Silo Finance
SILO
$ 0.00061742
0.00%
--
0.00%
$ 377.99K
$ 9.10
44
LO0P
LO0P
LO0P
$ 0.326974
+2.36%
+0.08%
-2.91%
$ 326.84K
$ 13.11K
45
Blend
Blend
BLND
$ 0.00426858
-0.75%
-0.20%
+35.83%
$ 286.81K
$ 9.44K
46
BendDAO
BendDAO
BEND
$ 5.206E-5
+0.39%
0.00%
+1.80%
$ 214.58K
--
47
Celsius Network
Celsius Network
CEL
$ 0.00540931
+0.31%
-0.08%
-53.06%
$ 193.22K
$ 7.09K
48
Alpaca Finance
Alpaca Finance
ALPACA
$ 0.00078353
-0.27%
-0.01%
+6.54%
$ 118.84K
$ 1.50K
49
Pixie Dust
Pixie Dust
DUST
$ 0.04207558
0.00%
+0.03%
+3.06%
$ 114.50K
$ 2.44K
50
dForce
dForce
DF
$ 9.71E-5
0.00%
+0.99%
-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.