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

$ 150.53

-0.12%

-1.42%

-11.11%

$ 2.36B

$ 531.02

MORPHO

$ 2.3319

+0.10%

+0.67%

-1.64%

$ 1.28B

$ 26.32K

Olympus

OHM

$ 19.68

+0.10%

+0.00%

-1.85%

$ 293.98M

$ 19.33K

Maple Finance

SYRUP

$ 0.19764

-0.52%

-2.16%

-17.65%

$ 237.71M

$ 345.04K

Kamino

KMNO

$ 0.0394

+0.50%

+5.09%

+5.73%

$ 231.28M

$ 2.54M

Compound

COMP

$ 21.24

-0.09%

-3.06%

-13.34%

$ 215.10M

$ 2.72K

Spark

SPK

$ 0.01945

+0.20%

-1.78%

-10.81%

$ 61.09M

$ 2.68M

Venus

XVS

$ 2.9568

+0.10%

-1.31%

-5.51%

$ 49.38M

$ 18.82K

deBridge

DBR

$ 0.01892

+0.16%

-1.40%

-2.26%

$ 36.67M

$ 2.97M

Lista DAO

LISTA

$ 0.07612

+0.43%

-1.60%

-4.76%

$ 36.46M

$ 803.79K

Euler Finance

EUL

$ 1.1502

+0.09%

-3.66%

-16.43%

$ 29.47M

$ 47.16K

CoinDepo

COINDEPO

$ 0.11766

+0.07%

-0.10%

+4.59%

$ 29.46M

$ 3.11M

Dogelon Mars

ELON

$ 0.00000002886

+0.07%

-0.17%

-4.56%

$ 29.26M

$ 2.62T

Zest Protocol

ZEST

$ 0.18039

-0.08%

-0.23%

-7.96%

$ 26.29M

$ 373.43K

Teller

DEBIT

$ 1.46

-0.68%

+0.01%

-21.93%

$ 25.12M

$ 3.35M

BENQI

$ 0.002472

+0.55%

-2.87%

-10.57%

$ 18.27M

$ 23.07M

Quantix Finance

QFI

$ 18

0.00%

+1.12%

+2.66%

$ 18.00M

$ 41.79K

Abelian

ABEL

$ 0.09847

+0.03%

-1.32%

+10.76%

$ 12.23M

$ 307.98K

Wise

WISE

$ 0.131026

-0.23%

-0.00%

-4.67%

$ 11.63M

$ 1.92K

Yei Finance

CLO

$ 0.04397

0.00%

-6.12%

-28.12%

$ 11.63M

$ 2.20M

Dolomite

DOLO

$ 0.02419

-0.12%

-2.45%

-11.56%

$ 10.88M

$ 2.56M

EVAA Protocol

EVAA

$ 0.5716

+0.29%

+0.21%

-10.42%

$ 10.42M

$ 107.03K

Moonwell

WELL

$ 0.00208582

+0.74%

-0.04%

-6.75%

$ 9.45M

$ 623.61K

Avalon

AVL

$ 0.02049763

-0.52%

-0.08%

-1.28%

$ 9.16M

$ 414.98K

NAVI Protocol

NAVX

$ 0.010444

-0.04%

-1.21%

-16.96%

$ 8.53M

$ 5.86M

Xauras

XRS

$ 0.02977875

+0.01%

0.00%

$ 6.66M

$ 12.95K

Gearbox

GEAR

$ 0.00062623

+0.16%

+0.04%

-0.80%

$ 6.26M

$ 6.51K

Liqwid Finance

$ 0.301656

-0.02%

-0.03%

-16.65%

$ 6.13M

$ 599.31

Grove

GROVE

$ 0.00572605

+0.14%

-0.06%

-19.58%

$ 4.87M

$ 208.09K

Suilend

SEND

$ 0.050968

-0.67%

-0.01%

-14.21%

$ 3.85M

$ 98.98

Hatom

HTM

$ 0.03933935

+0.26%

-0.01%

+13.93%

$ 3.82M

$ 5.79K

Goldfinch

GFI

$ 0.03955772

+0.25%

+0.01%

-1.07%

$ 3.77M

$ 36.00K

HyperLend

HPL

$ 0.00921054

0.00%

+0.01%

-14.25%

$ 3.76M

$ 4.44K

MEZO

$ 0.00289609

-0.85%

+0.04%

-16.89%

$ 1.45M

$ 175.02K

TrueFi

TRU

$ 0.00091084

-0.01%

+0.03%

-0.98%

$ 1.14M

$ 1.58K

Scallop

SCA

$ 0.00641123

-1.19%

-0.07%

-9.63%

$ 1.12M

$ 23.04K

Reservoir

DAM

$ 0.00344522

+0.13%

+0.04%

-56.07%

$ 956.19K

$ 6.71K

NetNet

NET

$ 165.74

+0.25%

-0.00%

-0.19%

$ 799.57K

$ 292.82K

Radiant Capital

RDNT

$ 0.00051373

+1.99%

-0.06%

-10.59%

$ 734.74K

$ 100.70K

DefiTuna

TUNA

$ 0.00227844

+0.01%

+0.07%

+2.80%

$ 641.38K

$ 55.18

Nostra

NSTR

$ 0.0049504

0.00%

+0.00%

-3.92%

$ 495.04K

$ 15.84

Seamless Protocol

SEAM

$ 0.01180185

0.00%

+0.68%

$ 480.17K

$ 40.62

Blend

BLND

$ 0.00627207

-0.01%

-0.03%

+8.46%

$ 421.10K

$ 1.74K

Silo Finance

SILO

$ 0.00061742

0.00%

$ 377.99K

$ 9.10

Celsius Network

CEL

$ 0.00658701

+0.18%

+0.15%

+10.24%

$ 235.28K

$ 3.67K

Notional Finance

NOTE

$ 0.00313181

0.00%

-30.80%

$ 194.12K

$ 3.60

BendDAO

BEND

$ 3.339E-5

+0.03%

0.00%

-10.41%

$ 137.94K

Alpaca Finance

ALPACA

$ 0.00070374

+0.23%

-0.00%

-3.40%

$ 131.21K

$ 44.97

LO0P

$ 0.122726

0.00%

+0.00%

-14.43%

$ 122.73K

$ 11.84

dForce

$ 0.00011832

+0.17%

+17.10%

$ 118.32K

$ 635.40

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)

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