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
1
AaveToken
AaveToken
AAVE
$ 109.41
-3.76%
+7.96%
+21.13%
$ 1.63B
$ 4.93K
2
MORPHO
MORPHO
MORPHO
$ 2.2678
-1.02%
+2.83%
+16.51%
$ 1.15B
$ 61.23K
3
Olympus
Olympus
OHM
$ 18.64
-0.43%
-0.00%
+0.65%
$ 278.51M
$ 326.67K
4
Maple Finance
Maple Finance
SYRUP
$ 0.18707
+0.03%
+11.53%
+23.37%
$ 221.47M
$ 487.43K
5
Compound
Compound
COMP
$ 19.28
-1.60%
+1.86%
+18.39%
$ 191.20M
$ 5.49K
6
Kamino
Kamino
KMNO
$ 0.02198
+0.37%
+7.90%
+17.54%
$ 104.43M
$ 3.14M
7
Spark
Spark
SPK
$ 0.01738
-4.26%
+19.35%
+22.69%
$ 54.03M
$ 4.89M
8
Venus
Venus
XVS
$ 3.1193
+0.40%
+5.84%
+14.42%
$ 50.19M
$ 20.20K
9
Quantix Finance
Quantix Finance
QFI
$ 42.224
0.00%
-13.16%
-20.50%
$ 42.22M
$ 6.02K
10
Dogelon Mars
Dogelon Mars
ELON
$ 0.00000003471
-0.54%
+5.86%
+32.31%
$ 35.00M
$ 2.90T
11
Lista DAO
Lista DAO
LISTA
$ 0.07449
-0.71%
+7.14%
+28.63%
$ 30.34M
$ 964.37K
12
deBridge
deBridge
DBR
$ 0.01557
+0.06%
+1.76%
+4.07%
$ 30.03M
$ 3.62M
13
Euler Finance
Euler Finance
EUL
$ 1.2426
+0.24%
-0.79%
+2.78%
$ 29.53M
$ 58.16K
14
CoinDepo
CoinDepo
COINDEPO
$ 0.11259
+0.06%
-1.21%
+0.81%
$ 28.21M
$ 3.78M
15
Zest Protocol
Zest Protocol
ZEST
$ 0.14456
+2.91%
+6.02%
-3.66%
$ 21.03M
$ 715.66K
16
Moonwell
Moonwell
WELL
$ 0.00374702
+0.24%
+0.13%
+32.93%
$ 16.97M
$ 328.10K
17
Yei Finance
Yei Finance
CLO
$ 0.11457
+1.76%
+8.32%
-2.03%
$ 14.67M
$ 1.89M
18
EVAA Protocol
EVAA Protocol
EVAA
$ 0.7681
-1.68%
-0.67%
-1.04%
$ 13.56M
$ 139.06K
19
Wise
Wise
WISE
$ 0.130132
-1.79%
+0.05%
+26.63%
$ 11.32M
$ 11.92K
20
Dolomite
Dolomite
DOLO
$ 0.02547
-1.68%
+5.62%
+19.09%
$ 11.13M
$ 3.05M
21
BENQI
BENQI
BENQI
$ 0.001304
-0.62%
-0.23%
-3.02%
$ 9.26M
$ 76.68M
22
Abelian
Abelian
ABEL
$ 0.0598
-0.55%
-0.65%
-5.86%
$ 7.02M
$ 176.01K
23
Xauras
Xauras
XRS
$ 0.02979645
0.00%
0.00%
+0.06%
$ 6.66M
$ 14.89K
24
Avalon
Avalon
AVL
$ 0.01664853
-0.15%
+0.05%
+1.35%
$ 6.47M
$ 886.99K
25
NAVI Protocol
NAVI Protocol
NAVX
$ 0.007483
-0.46%
+1.25%
+4.99%
$ 6.03M
$ 7.72M
26
Grove
Grove
GROVE
$ 0.00761333
-0.04%
-0.03%
-5.25%
$ 5.05M
$ 220.31K
27
Liqwid Finance
Liqwid Finance
LQ
$ 0.220285
-3.10%
+0.14%
+27.41%
$ 4.47M
$ 4.78K
28
Suilend
Suilend
SEND
$ 0.052581
-2.72%
+0.02%
+7.69%
$ 3.91M
$ 2.52K
29
Gearbox
Gearbox
GEAR
$ 0.00038586
-1.43%
+0.05%
+20.66%
$ 3.86M
$ 7.66K
30
Blend
Blend
BLND
$ 0.04346967
-1.50%
+0.02%
+1.82%
$ 2.92M
$ 32.96K
31
Goldfinch
Goldfinch
GFI
$ 0.03057
-1.84%
-5.43%
-5.01%
$ 2.62M
$ 1.86M
32
HyperLend
HyperLend
HPL
$ 0.01310144
-6.24%
-0.22%
+41.16%
$ 2.06M
$ 252.69K
33
Hatom
Hatom
HTM
$ 0.01775193
-0.41%
+0.07%
+12.96%
$ 1.44M
$ 7.50K
34
TrueFi
TrueFi
TRU
$ 0.00104616
-0.03%
-0.02%
-3.80%
$ 1.32M
$ 17.69K
35
Scallop
Scallop
SCA
$ 0.00474011
+7.39%
+0.21%
+4.20%
$ 769.03K
$ 390.26K
36
DefiTuna
DefiTuna
TUNA
$ 0.00246744
+20.18%
+0.48%
+69.44%
$ 678.54K
$ 1.68K
37
Nostra
Nostra
NSTR
$ 0.00625651
-1.44%
+0.02%
+16.04%
$ 625.65K
$ 1.06K
38
Radiant Capital
Radiant Capital
RDNT
$ 0.00041855
-3.00%
-0.01%
+7.08%
$ 601.34K
$ 96.66K
39
MEZO
MEZO
MEZO
$ 0.006989
+0.45%
-1.94%
-4.83%
$ 599.34K
$ 8.36M
40
Reservoir
Reservoir
DAM
$ 0.00196488
-0.01%
-0.06%
-26.73%
$ 525.70K
$ 1.12K
41
Seamless Protocol
Seamless Protocol
SEAM
$ 0.01142079
-0.38%
+0.03%
-28.13%
$ 464.66K
$ 1.91K
42
Celsius Network
Celsius Network
CEL
$ 0.01178107
-1.47%
+0.04%
+7.71%
$ 420.99K
$ 2.08K
43
Silo Finance
Silo Finance
SILO
$ 0.00061742
0.00%
--
0.00%
$ 377.99K
$ 9.10
44
LO0P
LO0P
LO0P
$ 0.342918
-1.67%
+0.10%
-0.22%
$ 342.90K
$ 4.73K
45
Notional Finance
Notional Finance
NOTE
$ 0.00539468
0.00%
--
-1.74%
$ 334.39K
$ 6.80
46
BendDAO
BendDAO
BEND
$ 3.035E-5
0.00%
+7.00%
+6.83%
$ 125.01K
--
47
Pixie Dust
Pixie Dust
DUST
$ 0.04644911
0.00%
+0.01%
-0.05%
$ 122.82K
$ 4.27K
48
Alpaca Finance
Alpaca Finance
ALPACA
$ 0.00078066
-1.78%
+0.10%
+26.56%
$ 118.40K
$ 3.15K
49
dForce
dForce
DF
$ 0.00010303
-1.29%
+0.01%
+5.93%
$ 103.02K
$ 55.58
50
Paystream
Paystream
PAYS
$ 0.02939957
-0.01%
0.00%
-3.15%
$ 94.18K
$ 3.25

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.

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.