Top Lending & Borrowing Protocol Tokens by Market Capitalisation

Lending and borrowing protocols are core DeFi applications that allow users to supply assets for yield or collateralise 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 utilised for decentralised governance, revenue sharing, and incentivising protocol liquidity.

#
Coin
Price
Last 7 Days
Action
1
AaveToken
AaveToken
AAVE
$ 124.85
-0.99%
-2.07%
-3.56%
$ 1.92B
$ 1.26K
2
MORPHO
MORPHO
MORPHO
$ 2.1554
+0.05%
-2.93%
-9.33%
$ 1.11B
$ 84.37K
3
Olympus
Olympus
OHM
$ 20.17
-0.25%
-0.00%
-0.49%
$ 300.97M
$ 272.76K
4
Maple Finance
Maple Finance
SYRUP
$ 0.20263
-0.66%
-5.69%
-10.40%
$ 241.24M
$ 447.19K
5
Compound
Compound
COMP
$ 19.3
+0.05%
-1.79%
-4.85%
$ 192.20M
$ 2.78K
6
Kamino
Kamino
KMNO
$ 0.0252
+0.08%
+0.88%
-7.48%
$ 139.58M
$ 2.27M
7
Spark
Spark
SPK
$ 0.01827
-0.27%
-1.92%
-7.60%
$ 56.62M
$ 2.74M
8
Venus
Venus
XVS
$ 3.0099
-0.57%
-2.46%
-7.92%
$ 49.14M
$ 19.60K
9
Teller
Teller
DEBIT
$ 2.33
-3.32%
-0.25%
+43.83%
$ 40.05M
$ 33.36M
10
Lista DAO
Lista DAO
LISTA
$ 0.07194
-0.88%
-5.17%
-6.40%
$ 31.91M
$ 723.06K
11
Euler Finance
Euler Finance
EUL
$ 1.2976
-1.57%
+0.69%
+3.08%
$ 31.08M
$ 87.76K
12
Dogelon Mars
Dogelon Mars
ELON
$ 0.00000003014
-0.49%
-4.34%
-4.79%
$ 30.16M
$ 2.49T
13
deBridge
deBridge
DBR
$ 0.01555
0.00%
+0.13%
+1.30%
$ 29.93M
$ 3.43M
14
CoinDepo
CoinDepo
COINDEPO
$ 0.10762
+0.24%
-0.18%
-0.06%
$ 27.00M
$ 3.13M
15
Quantix Finance
Quantix Finance
QFI
$ 19.393
-0.23%
-1.02%
+4.12%
$ 19.40M
$ 3.08K
16
Zest Protocol
Zest Protocol
ZEST
$ 0.12899
-0.30%
+2.09%
+6.78%
$ 18.88M
$ 496.13K
17
Wise
Wise
WISE
$ 0.13106
-0.26%
-0.04%
-3.01%
$ 11.43M
$ 29.00K
18
Yei Finance
Yei Finance
CLO
$ 0.08164
-0.06%
+3.74%
-20.99%
$ 10.84M
$ 1.84M
19
Dolomite
Dolomite
DOLO
$ 0.02382
-0.55%
-2.59%
-9.50%
$ 10.47M
$ 2.52M
20
BENQI
BENQI
BENQI
$ 0.00127
-0.08%
-3.20%
-2.90%
$ 9.16M
$ 43.84M
21
Moonwell
Moonwell
WELL
$ 0.00187791
+0.34%
-0.00%
-13.51%
$ 8.51M
$ 2.82M
22
Avalon
Avalon
AVL
$ 0.02029417
-0.87%
-0.04%
-0.51%
$ 8.27M
$ 980.66K
23
EVAA Protocol
EVAA Protocol
EVAA
$ 0.4582
-0.04%
-7.77%
-12.72%
$ 8.11M
$ 225.89K
24
Abelian
Abelian
ABEL
$ 0.06185
+0.13%
-4.72%
-8.24%
$ 7.53M
$ 237.80K
25
NAVI Protocol
NAVI Protocol
NAVX
$ 0.008715
-0.77%
-0.42%
-11.27%
$ 7.12M
$ 6.49M
26
Xauras
Xauras
XRS
$ 0.02979138
+0.01%
0.00%
-0.04%
$ 6.66M
$ 14.57K
27
Grove
Grove
GROVE
$ 0.00779276
-0.30%
-0.00%
-9.17%
$ 5.89M
$ 305.97K
28
Liqwid Finance
Liqwid Finance
LQ
$ 0.244068
-2.44%
-0.05%
+0.72%
$ 4.96M
$ 1.15K
29
HyperLend
HyperLend
HPL
$ 0.01050581
+0.36%
-0.04%
-3.80%
$ 4.14M
$ 38.15K
30
Suilend
Suilend
SEND
$ 0.0497176
+0.14%
-0.01%
-6.67%
$ 3.75M
$ 904.54
31
Gearbox
Gearbox
GEAR
$ 0.00033473
-0.14%
-0.04%
-7.48%
$ 3.35M
$ 1.84K
32
MEZO
MEZO
MEZO
$ 0.00498194
-0.46%
-0.10%
-17.43%
$ 2.49M
$ 710.43K
33
Hatom
Hatom
HTM
$ 0.02883373
+0.59%
-0.02%
-13.76%
$ 2.47M
$ 11.13K
34
Goldfinch
Goldfinch
GFI
$ 0.02657
-0.34%
-2.44%
-4.55%
$ 2.31M
$ 2.25M
35
TrueFi
TrueFi
TRU
$ 0.00087488
+3.00%
-0.05%
+5.50%
$ 1.10M
$ 50.93K
36
Radiant Capital
Radiant Capital
RDNT
$ 0.00052949
-0.03%
+0.03%
+6.61%
$ 761.46K
$ 168.56K
37
Scallop
Scallop
SCA
$ 0.00412012
-0.35%
-0.04%
-5.41%
$ 674.50K
$ 18.39K
38
DefiTuna
DefiTuna
TUNA
$ 0.00235661
-3.06%
-0.25%
-32.59%
$ 663.39K
$ 5.56K
39
Nostra
Nostra
NSTR
$ 0.00596743
-0.43%
--
-2.13%
$ 596.40K
$ 1.25K
40
Seamless Protocol
Seamless Protocol
SEAM
$ 0.0122032
-0.01%
-0.00%
-7.85%
$ 496.50K
$ 45.92
41
Reservoir
Reservoir
DAM
$ 0.00172422
-0.01%
+0.25%
-14.11%
$ 478.54K
$ 1.40K
42
Silo Finance
Silo Finance
SILO
$ 0.00061742
0.00%
--
0.00%
$ 377.99K
$ 9.10
43
Notional Finance
Notional Finance
NOTE
$ 0.00593084
0.00%
--
-8.66%
$ 367.62K
$ 2.12K
44
Blend
Blend
BLND
$ 0.00452721
-0.56%
-0.06%
+1.97%
$ 304.12K
$ 1.51K
45
LO0P
LO0P
LO0P
$ 0.297708
-0.41%
-0.04%
-3.02%
$ 297.55K
$ 40.92
46
BendDAO
BendDAO
BEND
$ 4.924E-5
0.00%
0.00%
+1.74%
$ 203.00K
--
47
Celsius Network
Celsius Network
CEL
$ 0.00446677
+0.31%
-0.01%
+27.51%
$ 159.55K
$ 250.07
48
Alpaca Finance
Alpaca Finance
ALPACA
$ 0.00075708
+0.47%
+0.01%
-2.22%
$ 114.83K
$ 428.55
49
Pledge Finance
Pledge Finance
PLG
$ 0.00011417
+7.92%
-0.17%
-31.79%
$ 114.08K
$ 4.02K
50
dForce
dForce
DF
$ 0.00010095
0.00%
--
+0.02%
$ 100.94K
$ 3.58

Frequently Asked Questions

How do decentralised lending and borrowing protocols function without traditional banks?
Decentralised 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-collateralisation in decentralised finance (DeFi) lending?
Because DeFi is largely anonymous, over-collateralisation 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 utilisation 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.