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
$ 87.3
+0.25%
-1.83%
-3.16%
$ 1.35B
$ 917.52
2
MORPHO
MORPHO
MORPHO
$ 1.92
-0.34%
-0.94%
+2.94%
$ 973.77M
$ 45.51K
3
Olympus
Olympus
OHM
$ 18.67
+0.16%
-0.00%
-1.69%
$ 279.09M
$ 248.56K
4
Maple Finance
Maple Finance
SYRUP
$ 0.15154
-0.03%
+1.12%
+0.92%
$ 181.20M
$ 404.91K
5
Compound
Compound
COMP
$ 15.95
+0.13%
-2.03%
-4.20%
$ 159.50M
$ 3.33K
6
Kamino
Kamino
KMNO
$ 0.01819
+0.55%
0.00%
-0.82%
$ 88.22M
$ 3.13M
7
Quantix Finance
Quantix Finance
QFI
$ 53.282
-0.03%
-0.57%
-4.78%
$ 53.22M
$ 2.08K
8
Venus
Venus
XVS
$ 2.6429
-0.71%
-1.01%
-3.29%
$ 43.32M
$ 21.56K
9
Spark
Spark
SPK
$ 0.01397
+0.07%
-0.85%
-5.17%
$ 39.05M
$ 5.12M
10
deBridge
deBridge
DBR
$ 0.01531
0.00%
+1.39%
+6.84%
$ 29.45M
$ 3.38M
11
CoinDepo
CoinDepo
COINDEPO
$ 0.11144
-0.06%
+0.13%
-0.59%
$ 27.95M
$ 3.37M
12
Euler Finance
Euler Finance
EUL
$ 1.1363
+1.07%
+0.29%
-7.97%
$ 26.84M
$ 61.59K
13
Dogelon Mars
Dogelon Mars
ELON
$ 0.00000002616
+0.04%
-0.42%
-1.73%
$ 26.15M
$ 2.95T
14
Lista DAO
Lista DAO
LISTA
$ 0.05732
-0.12%
-7.56%
+4.66%
$ 23.44M
$ 1.27M
15
Zest Protocol
Zest Protocol
ZEST
$ 0.15205
-0.18%
+2.24%
-15.75%
$ 22.24M
$ 626.73K
16
Yei Finance
Yei Finance
CLO
$ 0.11602
+0.03%
+1.16%
-4.30%
$ 14.98M
$ 755.93K
17
EVAA Protocol
EVAA Protocol
EVAA
$ 0.7829
+0.55%
-3.48%
-8.49%
$ 14.02M
$ 128.20K
18
Moonwell
Moonwell
WELL
$ 0.00288453
+0.15%
+0.03%
-4.95%
$ 13.07M
$ 37.23K
19
Dolomite
Dolomite
DOLO
$ 0.02171
-0.05%
-2.43%
-5.36%
$ 9.58M
$ 2.69M
20
BENQI
BENQI
BENQI
$ 0.001282
-1.24%
-3.98%
+0.47%
$ 9.21M
$ 40.13M
21
Wise
Wise
WISE
$ 0.102345
-0.13%
-0.00%
-2.53%
$ 8.88M
$ 2.90K
22
Abelian
Abelian
ABEL
$ 0.06006
-0.13%
-0.43%
-6.97%
$ 7.08M
$ 276.32K
23
Xauras
Xauras
XRS
$ 0.02977719
-0.01%
0.00%
-0.04%
$ 6.66M
$ 15.39K
24
NAVI Protocol
NAVI Protocol
NAVX
$ 0.007453
-0.11%
-2.32%
-4.53%
$ 6.08M
$ 7.33M
25
Grove
Grove
GROVE
$ 0.00834562
+0.55%
-0.03%
-2.25%
$ 5.32M
$ 1.80M
26
Suilend
Suilend
SEND
$ 0.050475
+0.04%
+0.02%
-1.11%
$ 3.73M
$ 111.25
27
Liqwid Finance
Liqwid Finance
LQ
$ 0.171777
+0.07%
-0.02%
-4.54%
$ 3.49M
$ 527.85
28
Gearbox
Gearbox
GEAR
$ 0.00031941
-0.90%
-0.01%
-11.31%
$ 3.19M
$ 1.85K
29
HyperLend
HyperLend
HPL
$ 0.00951975
-0.29%
-0.02%
-11.28%
$ 3.18M
$ 8.80K
30
Blend
Blend
BLND
$ 0.04172723
-0.15%
-0.05%
+4.68%
$ 2.80M
$ 8.66K
31
Goldfinch
Goldfinch
GFI
$ 0.03005
+1.42%
-1.18%
-1.38%
$ 2.63M
$ 1.94M
32
Avalon
Avalon
AVL
$ 0.01619
-0.92%
+0.12%
-8.29%
$ 2.61M
$ 3.59M
33
TrueFi
TrueFi
TRU
$ 0.00109954
-2.40%
-0.11%
+35.88%
$ 1.38M
$ 34.05K
34
Hatom
Hatom
HTM
$ 0.01540462
-0.01%
0.00%
-0.27%
$ 1.25M
$ 1.53K
35
Scallop
Scallop
SCA
$ 0.00457044
-0.07%
-0.16%
-1.49%
$ 741.86K
$ 463.44K
36
Reservoir
Reservoir
DAM
$ 0.00267695
-0.01%
-0.02%
-17.94%
$ 702.82K
$ 1.18K
37
MEZO
MEZO
MEZO
$ 0.007636
-0.10%
+2.18%
+2.13%
$ 656.44K
$ 7.08M
38
Seamless Protocol
Seamless Protocol
SEAM
$ 0.01580893
-0.01%
0.00%
-0.84%
$ 643.20K
$ 974.31
39
Radiant Capital
Radiant Capital
RDNT
$ 0.00040687
-0.45%
-0.02%
-8.21%
$ 584.65K
$ 32.68K
40
Nostra
Nostra
NSTR
$ 0.00555902
-0.07%
+0.03%
+0.20%
$ 555.90K
$ 1.93
41
Notional Finance
Notional Finance
NOTE
$ 0.00548999
0.00%
--
-0.57%
$ 536.08K
$ 2.30
42
DefiTuna
DefiTuna
TUNA
$ 0.00146977
-0.03%
-0.02%
+1.38%
$ 413.74K
$ 75.59
43
LO0P
LO0P
LO0P
$ 0.398487
-0.02%
+0.10%
+3.38%
$ 398.59K
$ 19.81K
44
Celsius Network
Celsius Network
CEL
$ 0.01099868
-0.13%
-0.03%
-2.33%
$ 392.68K
$ 414.86
45
Silo Finance
Silo Finance
SILO
$ 0.00061742
0.00%
--
0.00%
$ 377.99K
$ 9.10
46
Pixie Dust
Pixie Dust
DUST
$ 0.04272186
+0.73%
+0.14%
+39.33%
$ 120.39K
$ 6.59K
47
BendDAO
BendDAO
BEND
$ 2.841E-5
0.00%
+0.10%
-1.53%
$ 117.03K
--
48
Paystream
Paystream
PAYS
$ 0.03035699
0.00%
--
0.00%
$ 97.25K
$ 0.01
49
dForce
dForce
DF
$ 9.573E-5
0.00%
+1.10%
+0.98%
$ 95.69K
--
50
Alpaca Finance
Alpaca Finance
ALPACA
$ 0.0006142
-0.87%
+0.01%
+1.09%
$ 93.12K
$ 218.04

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.