Top Lending & Borrowing Protocol Tokens by Market Capitalization

Lending and borrowing protocols are core DeFi applications that allow users to supply assets for yield or collateralize 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 utilized for decentralized governance, revenue sharing, and incentivizing protocol liquidity.

Coin

Price

Last 7 Days

Action

AaveToken

AAVE

$ 159.58

+0.18%

-3.98%

+8.00%

$ 2.46B

$ 4.10K

MORPHO

$ 2.4956

+0.34%

+0.91%

-11.39%

$ 1.33B

$ 41.99K

Olympus

OHM

$ 20.23

-0.05%

+0.01%

-0.15%

$ 302.27M

$ 402.71K

Maple Finance

SYRUP

$ 0.22657

-0.72%

-5.23%

+2.75%

$ 266.76M

$ 814.56K

Compound

COMP

$ 24.68

-0.20%

+2.16%

$ 245.80M

$ 4.09K

Kamino

KMNO

$ 0.04259

-0.90%

-3.06%

+13.25%

$ 241.22M

$ 1.45M

Spark

SPK

$ 0.02487

-0.48%

+5.32%

+16.86%

$ 76.30M

$ 3.00M

Venus

XVS

$ 3.7768

-0.36%

+7.96%

+10.86%

$ 59.93M

$ 20.50K

Lista DAO

LISTA

$ 0.08828

-0.33%

-0.40%

+5.92%

$ 41.22M

$ 658.37K

deBridge

DBR

$ 0.0194

+0.52%

-10.72%

-25.78%

$ 37.34M

$ 2.70M

Euler Finance

EUL

$ 1.3974

-0.17%

-1.41%

-2.77%

$ 33.68M

$ 162.10K

Dogelon Mars

ELON

$ 0.00000003282

-0.06%

-0.24%

-1.77%

$ 32.74M

$ 2.56T

Teller

DEBIT

$ 1.82

+1.11%

-0.03%

-11.22%

$ 31.28M

$ 51.63M

Zest Protocol

ZEST

$ 0.19169

-0.19%

-4.46%

+3.65%

$ 27.99M

$ 434.27K

CoinDepo

COINDEPO

$ 0.10703

+0.08%

-0.17%

-0.11%

$ 26.77M

$ 3.69M

BENQI

$ 0.002962

-0.51%

-5.84%

+97.11%

$ 21.15M

$ 23.35M

Quantix Finance

QFI

$ 18.624

-0.02%

-1.07%

+0.81%

$ 18.61M

$ 7.93K

Dolomite

DOLO

$ 0.03056

+0.13%

+0.53%

-0.82%

$ 13.39M

$ 2.03M

Wise

WISE

$ 0.144842

+0.08%

0.00%

-0.92%

$ 12.60M

$ 3.79K

EVAA Protocol

EVAA

$ 0.6669

+0.21%

+0.03%

-8.12%

$ 11.78M

$ 107.32K

Moonwell

WELL

$ 0.00223241

-0.22%

-0.00%

+5.61%

$ 10.11M

$ 132.17K

NAVI Protocol

NAVX

$ 0.01215

+0.50%

-1.67%

+4.00%

$ 9.87M

$ 4.84M

Avalon

AVL

$ 0.0234827

-0.04%

+0.04%

-2.69%

$ 9.57M

$ 374.41K

Abelian

ABEL

$ 0.06424

+0.14%

+6.22%

+5.25%

$ 7.89M

$ 274.66K

Liqwid Finance

$ 0.379251

+0.04%

+0.01%

-1.27%

$ 7.70M

$ 2.04K

Yei Finance

CLO

$ 0.05911

+0.08%

-1.94%

0.00%

$ 7.62M

$ 1.65M

Gearbox

GEAR

$ 0.00071799

-0.08%

+0.00%

+7.19%

$ 7.18M

$ 8.91K

Xauras

XRS

$ 0.02979381

-0.01%

0.00%

-0.02%

$ 6.66M

$ 13.93K

Grove

GROVE

$ 0.00753258

-0.15%

-0.01%

-3.55%

$ 6.05M

$ 649.22K

HyperLend

HPL

$ 0.01254739

-0.25%

-0.01%

+0.91%

$ 4.94M

$ 126.33K

Suilend

SEND

$ 0.061022

-3.30%

-0.08%

-7.92%

$ 4.61M

$ 5.05K

Goldfinch

GFI

$ 0.04123768

+0.35%

+0.01%

-21.32%

$ 3.93M

$ 180.36K

Hatom

HTM

$ 0.0327603

-0.93%

-0.03%

+1.24%

$ 3.03M

$ 3.40K

NetNet

NET

$ 445.14

-0.20%

+0.06%

-20.78%

$ 2.15M

$ 2.06M

MEZO

$ 0.00425407

+0.12%

+0.01%

-7.98%

$ 2.13M

$ 87.18K

Scallop

SCA

$ 0.00918158

-0.22%

-0.25%

+93.76%

$ 1.50M

$ 197.21K

TrueFi

TRU

$ 0.00091523

-0.94%

+0.02%

+10.45%

$ 1.15M

$ 57.13K

DefiTuna

TUNA

$ 0.00248952

+0.96%

+0.01%

+1.12%

$ 700.80K

$ 900.20

Radiant Capital

RDNT

$ 0.00046416

+0.29%

+0.03%

+2.42%

$ 666.96K

$ 31.83K

Reservoir

DAM

$ 0.00221064

0.00%

-0.05%

+4.60%

$ 613.55K

$ 123.03

Nostra

NSTR

$ 0.00530953

0.00%

$ 530.95K

$ 146.85

Seamless Protocol

SEAM

$ 0.01222726

0.00%

-0.00%

-0.34%

$ 497.48K

$ 14.86

Silo Finance

SILO

$ 0.00061742

0.00%

$ 377.99K

$ 9.10

Blend

BLND

$ 0.00499898

-0.76%

+0.08%

-16.73%

$ 335.64K

$ 2.59K

Notional Finance

NOTE

$ 0.0046583

-0.03%

-26.20%

$ 288.74K

$ 6.49K

Celsius Network

CEL

$ 0.00606487

-0.14%

-0.00%

-3.15%

$ 216.65K

$ 266.10

BendDAO

BEND

$ 3.916E-5

0.00%

+1.08%

$ 161.45K

LO0P

$ 0.158028

-0.01%

-52.41%

$ 158.04K

$ 100.90K

Alpaca Finance

ALPACA

$ 0.00075475

-0.14%

+0.00%

-2.38%

$ 140.73K

$ 193.07

dForce

$ 0.00010602

-0.09%

+5.05%

$ 105.97K

$ 35.49

Frequently Asked Questions

How do decentralized lending and borrowing protocols function without traditional banks?

Decentralized 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-collateralization in decentralized finance (DeFi) lending?

Because DeFi is largely anonymous, over-collateralization 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 utilization 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.

What is the primary utility of native tokens issued by lending and borrowing protocols?

How do flash loans differ from standard cryptocurrency borrowing practices?

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.

Top Lending & Borrowing Protocol Tokens by Market Capitalization

Tradable Crypto

Category

Lending/Borrowing Protocols

Smart Contract Platform

Layer 1 (L1)

Proof of Work (PoW)

Other Crypto

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Frequently Asked Questions

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