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

$ 170.26

+1.37%

+7.03%

+12.62%

$ 2.62B

$ 6.49K

MORPHO

$ 2.5131

+1.23%

+1.85%

-7.05%

$ 1.35B

$ 40.71K

Olympus

OHM

$ 20.33

+0.05%

+0.00%

-0.25%

$ 303.70M

$ 256.14K

Maple Finance

SYRUP

$ 0.23778

+1.80%

+7.27%

+10.99%

$ 288.24M

$ 527.75K

Compound

COMP

$ 23.87

+1.01%

-2.96%

+0.34%

$ 239.00M

$ 4.54K

Kamino

KMNO

$ 0.0408

+0.27%

-4.66%

-0.10%

$ 232.38M

$ 3.13M

Spark

SPK

$ 0.02377

+0.67%

-3.78%

+1.83%

$ 73.77M

$ 2.71M

Venus

XVS

$ 3.5457

+0.60%

-3.21%

+6.90%

$ 58.21M

$ 22.73K

Lista DAO

LISTA

$ 0.08534

+0.37%

-3.11%

+0.43%

$ 40.07M

$ 601.29K

deBridge

DBR

$ 0.01898

+0.05%

-2.69%

-17.05%

$ 36.15M

$ 2.83M

Dogelon Mars

ELON

$ 0.00000003272

+0.33%

+0.52%

-0.36%

$ 32.93M

$ 2.62T

Euler Finance

EUL

$ 1.3489

+0.34%

-2.74%

-4.75%

$ 32.81M

$ 113.61K

Teller

DEBIT

$ 1.77

0.00%

-0.02%

-14.49%

$ 30.40M

$ 42.42M

Zest Protocol

ZEST

$ 0.18638

-0.07%

-2.86%

+2.36%

$ 27.24M

$ 398.35K

CoinDepo

COINDEPO

$ 0.10827

+0.31%

+1.37%

+0.60%

$ 27.12M

$ 3.66M

BENQI

$ 0.002734

+0.78%

-7.66%

-31.34%

$ 19.63M

$ 20.91M

Quantix Finance

QFI

$ 18.625

+0.52%

+0.27%

-2.36%

$ 18.67M

$ 8.31K

Yei Finance

CLO

$ 0.05772

+1.21%

-2.19%

+6.70%

$ 14.87M

$ 1.59M

Dolomite

DOLO

$ 0.03055

+0.59%

+0.76%

-0.36%

$ 13.47M

$ 2.02M

Wise

WISE

$ 0.146552

+0.13%

+0.01%

+0.56%

$ 12.75M

$ 5.86K

EVAA Protocol

EVAA

$ 0.6473

+1.49%

-1.84%

-11.16%

$ 11.54M

$ 99.50K

NAVI Protocol

NAVX

$ 0.012583

+0.65%

+4.33%

+1.92%

$ 10.24M

$ 4.66M

Moonwell

WELL

$ 0.00224894

-0.18%

-0.00%

+6.95%

$ 10.19M

$ 1.71M

Avalon

AVL

$ 0.02355559

-0.20%

+0.00%

-4.48%

$ 9.60M

$ 385.78K

Abelian

ABEL

$ 0.06365

-0.06%

-0.90%

+2.76%

$ 7.81M

$ 256.29K

Liqwid Finance

$ 0.3753

+0.33%

+0.01%

-1.45%

$ 7.62M

$ 6.30K

Gearbox

GEAR

$ 0.00070318

+0.12%

-0.00%

-17.85%

$ 7.03M

$ 4.74K

Xauras

XRS

$ 0.02979643

0.00%

-0.02%

$ 6.66M

$ 13.94K

Grove

GROVE

$ 0.00763709

-0.07%

+0.02%

-2.62%

$ 6.14M

$ 1.44M

HyperLend

HPL

$ 0.01234474

+0.25%

-0.02%

-4.34%

$ 4.86M

$ 64.18K

Suilend

SEND

$ 0.060068

+0.04%

-0.05%

+12.27%

$ 4.54M

$ 544.73

Goldfinch

GFI

$ 0.03918447

-0.70%

-0.03%

-12.71%

$ 3.70M

$ 72.89K

Hatom

HTM

$ 0.03301788

0.00%

-0.00%

-4.08%

$ 3.06M

$ 2.40K

MEZO

$ 0.004083

-0.22%

-0.02%

-10.15%

$ 2.04M

$ 134.61K

NetNet

NET

$ 347.03

+1.56%

-0.23%

-36.29%

$ 1.67M

$ 1.89M

Scallop

SCA

$ 0.009014

+0.10%

+0.00%

+77.89%

$ 1.48M

$ 134.70K

TrueFi

TRU

$ 0.00090924

+0.02%

-0.01%

+9.58%

$ 1.14M

$ 14.81K

DefiTuna

TUNA

$ 0.00242763

0.00%

-0.01%

-21.57%

$ 683.39K

$ 1.49K

Radiant Capital

RDNT

$ 0.00046686

+1.10%

+0.01%

+5.26%

$ 670.84K

$ 34.13K

Reservoir

DAM

$ 0.00225774

0.00%

+0.02%

+1.65%

$ 626.62K

$ 1.26

Nostra

NSTR

$ 0.00530953

0.00%

$ 530.95K

$ 146.85

Seamless Protocol

SEAM

$ 0.01217133

0.00%

-0.00%

-0.89%

$ 495.20K

$ 52.72

Silo Finance

SILO

$ 0.00061742

0.00%

$ 377.99K

$ 9.10

Blend

BLND

$ 0.00493325

+0.37%

-0.01%

-15.72%

$ 331.23K

$ 5.41K

Notional Finance

NOTE

$ 0.00463089

+0.19%

-27.25%

$ 286.91K

$ 487.77

Celsius Network

CEL

$ 0.0059634

+0.15%

-0.01%

-3.38%

$ 213.01K

$ 212.31

BendDAO

BEND

$ 3.916E-5

0.00%

+1.08%

$ 161.45K

LO0P

$ 0.157606

+0.20%

0.00%

-51.29%

$ 157.60K

$ 1.08K

Alpaca Finance

ALPACA

$ 0.00074471

+0.13%

-0.01%

-1.74%

$ 138.85K

$ 355.42

dForce

$ 0.0001054

+0.12%

-0.00%

+2.83%

$ 105.43K

$ 7.88

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

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Proof of Work (PoW)

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