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
$ 75.77
-0.42%
+15.92%
+23.04%
$ 1.17B
$ 11.17K
2
MORPHO
MORPHO
MORPHO
$ 1.9544
-1.14%
+0.48%
+2.63%
$ 979.44M
$ 52.89K
3
Olympus
Olympus
OHM
$ 16.63
-0.72%
+3.46%
-0.95%
$ 248.99M
$ 305.07K
4
Compound
Compound
COMP
$ 18.39
-0.54%
+6.41%
+0.22%
$ 183.95M
$ 3.74K
5
Maple Finance
Maple Finance
SYRUP
$ 0.14349
-0.84%
+8.32%
+12.80%
$ 171.10M
$ 524.32K
6
Kamino
Kamino
KMNO
$ 0.01878
-1.48%
+7.40%
+23.29%
$ 89.91M
$ 5.01M
7
Spark
Spark
SPK
$ 0.02019
-1.37%
+3.81%
+4.78%
$ 56.49M
$ 2.75M
8
Quantix Finance
Quantix Finance
QFI
$ 55.029
-0.37%
+0.95%
+1.87%
$ 55.04M
$ 10.87K
9
Venus
Venus
XVS
$ 2.5892
-0.90%
+5.27%
+7.32%
$ 42.49M
$ 21.22K
10
Zest Protocol
Zest Protocol
ZEST
$ 0.26973
-0.26%
-0.11%
-1.80%
$ 39.46M
$ 570.60K
11
Dogelon Mars
Dogelon Mars
ELON
$ 0.00000003382
+0.06%
+13.54%
+14.04%
$ 33.58M
$ 2.91T
12
deBridge
deBridge
DBR
$ 0.01434
-0.07%
-10.06%
-3.83%
$ 27.54M
$ 3.37M
13
Yei Finance
Yei Finance
CLO
$ 0.19539
-8.57%
+5.35%
+75.77%
$ 25.25M
$ 3.02M
14
Euler Finance
Euler Finance
EUL
$ 1.0457
-1.20%
+4.27%
+20.51%
$ 24.95M
$ 109.04K
15
Lista DAO
Lista DAO
LISTA
$ 0.05427
-0.77%
+6.94%
+5.15%
$ 22.13M
$ 1.10M
16
EVAA Protocol
EVAA Protocol
EVAA
$ 1.236
-0.06%
+84.27%
+171.33%
$ 20.24M
$ 2.96M
17
CoinDepo
CoinDepo
COINDEPO
$ 0.07746
0.00%
+0.09%
+1.43%
$ 19.39M
$ 2.21M
18
Moonwell
Moonwell
WELL
$ 0.00390315
+0.32%
+9.89%
+9.30%
$ 17.65M
$ 4.25M
19
Dolomite
Dolomite
DOLO
$ 0.02497
-0.44%
+3.22%
+9.66%
$ 11.03M
$ 2.29M
20
BENQI
BENQI
QI
$ 0.00141595
+0.15%
+5.18%
+5.35%
$ 10.19M
$ 512.18K
21
Abelian
Abelian
ABEL
$ 0.08319
-0.11%
+6.89%
+20.90%
$ 9.76M
$ 194.35K
22
Goldfinch
Goldfinch
GFI
$ 0.0793
+2.14%
-2.46%
-27.85%
$ 7.01M
$ 789.09K
23
NAVI Protocol
NAVI Protocol
NAVX
$ 0.007054
+0.34%
+2.22%
+10.27%
$ 5.79M
$ 8.05M
24
Avalon
Avalon
AVL
$ 0.03232
+0.43%
+20.73%
+24.24%
$ 5.32M
$ 1.97M
25
HyperLend
HyperLend
HPL
$ 0.01296561
-0.35%
+3.41%
+1.88%
$ 5.00M
$ 6.75K
26
Gearbox
Gearbox
GEAR
$ 0.00044803
-0.28%
+11.53%
+37.57%
$ 4.48M
$ 6.83K
27
Suilend
Suilend
SEND
$ 0.05188
+0.02%
-0.10%
+4.79%
$ 3.66M
$ 923.36K
28
Liqwid Finance
Liqwid Finance
LQ
$ 0.172406
-0.54%
+13.36%
+14.11%
$ 3.50M
$ 3.78K
29
Wise
Wise
WISE
$ 0.095401
-1.10%
+10.19%
+12.33%
$ 2.09M
$ 23.77K
30
Scallop
Scallop
SCA
$ 0.0129
0.00%
+6.61%
-5.84%
$ 2.07M
$ 14.60K
31
Reservoir
Reservoir
DAM
$ 0.00967
-0.05%
-5.39%
+2.65%
$ 1.93M
$ 5.92M
32
Blend
Blend
BLND
$ 0.050504
-0.78%
-0.05%
+0.43%
$ 1.78M
$ 10.77K
33
TrueFi
TrueFi
TRU
$ 0.00104104
+1.39%
+33.74%
+38.10%
$ 1.31M
$ 662.59K
34
MEZO
MEZO
MEZO
$ 0.01521
-0.26%
+0.40%
-0.59%
$ 1.31M
$ 3.76M
35
Hatom
Hatom
HTM
$ 0.01472452
-0.47%
+11.27%
+10.91%
$ 1.16M
$ 5.08K
36
Pixie Dust
Pixie Dust
DUST
$ 0.390045
+0.01%
+1.16%
+0.98%
$ 738.38K
$ 19.46K
37
Nostra
Nostra
NSTR
$ 0.00571416
-0.32%
+5.72%
+3.74%
$ 571.37K
$ 2.55K
38
Celsius Network
Celsius Network
CEL
$ 0.01228294
-0.39%
-7.08%
-14.57%
$ 438.74K
$ 4.59K
39
Radiant Capital
Radiant Capital
RDNT
$ 0.00032701
-0.82%
-11.72%
-38.86%
$ 422.14K
$ 87.57K
40
DefiTuna
DefiTuna
TUNA
$ 0.00150077
-4.14%
-3.60%
+7.97%
$ 400.97K
$ 4.15K
41
dForce
dForce
DF
$ 0.00037744
+5.72%
-3.24%
+1.12%
$ 378.74K
$ 422.81
42
Notional Finance
Notional Finance
NOTE
$ 0.0065047
0.00%
+3.34%
+6.40%
$ 305.90K
$ 0.14
43
Seamless Protocol
Seamless Protocol
SEAM
$ 0.00721759
+0.13%
-0.43%
-4.21%
$ 294.10K
$ 860.68
44
LO0P
LO0P
LO0P
$ 0.290784
-0.58%
+17.26%
+19.02%
$ 290.78K
$ 5.89K
45
Paystream
Paystream
PAYS
$ 0.04482501
0.00%
+0.07%
+0.01%
$ 184.13K
$ 3.22
46
Neptune
Neptune
NEPT
$ 0.0407955
-0.54%
+5.25%
-0.52%
$ 156.60K
$ 190.39
47
BendDAO
BendDAO
BEND
$ 2.961E-5
0.00%
0.00%
-1.79%
$ 121.61K
--
48
Silo Finance
Silo Finance
SILO
$ 0.00017232
0.00%
-0.00%
-58.39%
$ 105.50K
$ 30.72
49
Alpaca Finance
Alpaca Finance
ALPACA
$ 0.00068675
-0.55%
+19.02%
-6.27%
$ 104.16K
$ 12.92K
50
Pike Finance
Pike Finance
P
$ 0.00039884
0.00%
-0.00%
-0.81%
$ 91.77K
$ 1.33

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.