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
$ 149.84
+0.35%
+6.45%
+22.71%
$ 2.33B
$ 3.46K
2
MORPHO
MORPHO
MORPHO
$ 2.5965
+0.53%
-0.28%
+21.12%
$ 1.38B
$ 78.73K
3
Olympus
Olympus
OHM
$ 20.33
0.00%
+0.01%
+1.25%
$ 303.32M
$ 251.79K
4
Maple Finance
Maple Finance
SYRUP
$ 0.2171
+0.16%
-0.71%
+8.95%
$ 260.16M
$ 600.12K
5
Compound
Compound
COMP
$ 23.1
+0.26%
+3.81%
+20.21%
$ 231.40M
$ 8.41K
6
Kamino
Kamino
KMNO
$ 0.03685
+0.06%
+10.40%
+32.18%
$ 203.06M
$ 2.98M
7
Spark
Spark
SPK
$ 0.02207
+0.36%
+2.46%
+19.85%
$ 67.97M
$ 2.97M
8
Venus
Venus
XVS
$ 3.4112
+0.49%
+4.83%
+15.70%
$ 56.48M
$ 19.53K
9
Lista DAO
Lista DAO
LISTA
$ 0.08654
+0.52%
-1.95%
+19.15%
$ 40.58M
$ 718.25K
10
deBridge
deBridge
DBR
$ 0.01932
-0.31%
+15.39%
+22.93%
$ 36.93M
$ 3.26M
11
Teller
Teller
DEBIT
$ 2.14
+0.47%
-0.03%
-14.06%
$ 36.88M
$ 6.80M
12
Euler Finance
Euler Finance
EUL
$ 1.467
+0.50%
+8.59%
+12.77%
$ 35.32M
$ 115.88K
13
Dogelon Mars
Dogelon Mars
ELON
$ 0.00000003357
+0.21%
-0.71%
+9.81%
$ 33.53M
$ 2.52T
14
CoinDepo
CoinDepo
COINDEPO
$ 0.10544
-0.24%
+0.56%
-1.49%
$ 26.40M
$ 3.81M
15
Zest Protocol
Zest Protocol
ZEST
$ 0.18277
-1.07%
+23.29%
+34.19%
$ 26.04M
$ 784.24K
16
Quantix Finance
Quantix Finance
QFI
$ 18.537
0.00%
+1.07%
-5.43%
$ 18.54M
$ 0.13
17
EVAA Protocol
EVAA Protocol
EVAA
$ 0.8438
+0.40%
+10.34%
+87.17%
$ 14.84M
$ 279.38K
18
Dolomite
Dolomite
DOLO
$ 0.0304
+0.89%
+7.33%
+28.32%
$ 13.45M
$ 3.80M
19
Wise
Wise
WISE
$ 0.148297
+0.06%
-0.00%
+12.48%
$ 12.91M
$ 3.71K
20
BENQI
BENQI
BENQI
$ 0.00152
-0.20%
+3.34%
+24.08%
$ 10.91M
$ 40.44M
21
Avalon
Avalon
AVL
$ 0.02553038
+0.71%
+0.11%
+24.07%
$ 10.40M
$ 939.55K
22
NAVI Protocol
NAVI Protocol
NAVX
$ 0.01176
-0.02%
+0.53%
+35.68%
$ 9.68M
$ 4.98M
23
Moonwell
Moonwell
WELL
$ 0.00211097
+2.31%
+0.04%
+10.44%
$ 9.56M
$ 147.92K
24
Abelian
Abelian
ABEL
$ 0.06656
-0.02%
-0.42%
+5.76%
$ 8.14M
$ 207.61K
25
Yei Finance
Yei Finance
CLO
$ 0.0617
+2.05%
-2.89%
-12.95%
$ 8.02M
$ 3.54M
26
Liqwid Finance
Liqwid Finance
LQ
$ 0.365799
+0.22%
+0.09%
+48.42%
$ 7.43M
$ 5.39K
27
Gearbox
Gearbox
GEAR
$ 0.00073861
-0.44%
+0.68%
+109.61%
$ 7.39M
$ 163.06K
28
Xauras
Xauras
XRS
$ 0.02980309
0.00%
0.00%
+0.07%
$ 6.66M
$ 13.07K
29
Grove
Grove
GROVE
$ 0.00780132
+0.38%
-0.01%
-4.29%
$ 6.09M
$ 569.49K
30
Suilend
Suilend
SEND
$ 0.076079
-2.54%
+0.12%
+47.70%
$ 5.75M
$ 8.19K
31
HyperLend
HyperLend
HPL
$ 0.01188668
-1.01%
-0.02%
+13.69%
$ 4.68M
$ 32.62K
32
NetNet
NetNet
NET
$ 699.02
-0.89%
-0.02%
-29.07%
$ 3.36M
$ 3.27M
33
Goldfinch
Goldfinch
GFI
$ 0.03217579
+0.86%
+0.02%
+18.22%
$ 3.06M
$ 64.69K
34
Hatom
Hatom
HTM
$ 0.03182606
+0.01%
-0.00%
+7.29%
$ 2.95M
$ 22.84
35
MEZO
MEZO
MEZO
$ 0.00462077
+0.75%
-0.00%
-5.43%
$ 2.31M
$ 128.83K
36
TrueFi
TrueFi
TRU
$ 0.00083946
-0.01%
-0.01%
+0.48%
$ 1.06M
$ 24.55K
37
Scallop
Scallop
SCA
$ 0.00508351
+2.19%
+0.10%
+22.73%
$ 832.54K
$ 36.47K
38
DefiTuna
DefiTuna
TUNA
$ 0.0027248
+0.05%
+0.02%
-18.19%
$ 767.03K
$ 1.24K
39
Radiant Capital
Radiant Capital
RDNT
$ 0.00048443
-0.44%
+0.02%
-5.56%
$ 696.02K
$ 32.44K
40
Reservoir
Reservoir
DAM
$ 0.00226745
+0.01%
+0.29%
+33.76%
$ 629.31K
$ 7.84K
41
Nostra
Nostra
NSTR
$ 0.00535218
+0.13%
-0.03%
-9.50%
$ 535.25K
$ 2.59K
42
Seamless Protocol
Seamless Protocol
SEAM
$ 0.01302803
-0.03%
+0.08%
+0.12%
$ 530.06K
$ 704.52
43
Blend
Blend
BLND
$ 0.00580936
+0.47%
+0.12%
+23.74%
$ 389.93K
$ 1.12K
44
Silo Finance
Silo Finance
SILO
$ 0.00061742
0.00%
--
0.00%
$ 377.99K
$ 9.10
45
Notional Finance
Notional Finance
NOTE
$ 0.00607829
0.00%
--
+2.49%
$ 376.76K
$ 1.33
46
LO0P
LO0P
LO0P
$ 0.338425
+0.09%
-0.00%
+13.12%
$ 338.46K
$ 2.68K
47
Celsius Network
Celsius Network
CEL
$ 0.00612881
+0.24%
-0.00%
+0.98%
$ 218.92K
$ 1.18K
48
BendDAO
BendDAO
BEND
$ 3.993E-5
-0.32%
+0.62%
-18.91%
$ 164.63K
--
49
Alpaca Finance
Alpaca Finance
ALPACA
$ 0.00079211
-0.30%
+0.01%
+3.72%
$ 120.14K
$ 493.57
50
Pledge Finance
Pledge Finance
PLG
$ 0.00011635
+0.11%
-0.18%
+108.51%
$ 116.28K
$ 13.91K

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.