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
$ 93.04
-0.02%
+0.72%
-6.05%
$ 1.43B
$ 1.73K
2
MORPHO
MORPHO
MORPHO
$ 1.9356
-0.14%
+1.00%
-3.35%
$ 973.17M
$ 44.80K
3
Olympus
Olympus
OHM
$ 18.73
+0.11%
+0.01%
+1.08%
$ 279.78M
$ 179.12K
4
Maple Finance
Maple Finance
SYRUP
$ 0.16067
+0.83%
+4.06%
-2.14%
$ 190.29M
$ 422.29K
5
Compound
Compound
COMP
$ 16.56
+0.30%
+0.61%
+3.11%
$ 165.60M
$ 3.30K
6
Kamino
Kamino
KMNO
$ 0.01802
-0.11%
-0.17%
-4.56%
$ 87.15M
$ 2.96M
7
Quantix Finance
Quantix Finance
QFI
$ 58.694
0.00%
-0.36%
-0.97%
$ 58.37M
$ 9.45K
8
Venus
Venus
XVS
$ 2.7692
-0.22%
+1.76%
-0.16%
$ 45.25M
$ 21.37K
9
Spark
Spark
SPK
$ 0.01564
+0.71%
+0.51%
-0.19%
$ 43.84M
$ 3.50M
10
Zest Protocol
Zest Protocol
ZEST
$ 0.2431
-0.96%
-0.89%
-3.36%
$ 35.67M
$ 410.04K
11
Euler Finance
Euler Finance
EUL
$ 1.4273
-4.12%
+3.06%
-23.69%
$ 34.09M
$ 91.56K
12
Dogelon Mars
Dogelon Mars
ELON
$ 0.00000002853
+0.21%
-0.28%
-6.19%
$ 28.43M
$ 2.78T
13
CoinDepo
CoinDepo
COINDEPO
$ 0.10726
+0.30%
+2.18%
+9.42%
$ 26.90M
$ 2.80M
14
deBridge
deBridge
DBR
$ 0.01389
+0.07%
+0.22%
+1.24%
$ 26.75M
$ 3.61M
15
Lista DAO
Lista DAO
LISTA
$ 0.05198
-0.63%
+1.33%
+12.65%
$ 21.23M
$ 1.10M
16
Yei Finance
Yei Finance
CLO
$ 0.12139
+4.78%
-7.93%
+0.26%
$ 15.63M
$ 1.61M
17
EVAA Protocol
EVAA Protocol
EVAA
$ 0.8668
-0.46%
+0.37%
+7.71%
$ 15.59M
$ 173.31K
18
Moonwell
Moonwell
WELL
$ 0.0029317
+0.23%
-0.00%
-4.05%
$ 13.28M
$ 84.78K
19
Dolomite
Dolomite
DOLO
$ 0.02142
+0.09%
+0.66%
+2.58%
$ 9.47M
$ 2.71M
20
BENQI
BENQI
BENQI
$ 0.001289
0.00%
+2.08%
+10.17%
$ 9.20M
$ 42.85M
21
Wise
Wise
WISE
$ 0.102025
+0.06%
+0.00%
-1.83%
$ 8.83M
$ 899.95
22
Abelian
Abelian
ABEL
$ 0.06535
+0.15%
-3.42%
-4.10%
$ 7.71M
$ 220.99K
23
NAVI Protocol
NAVI Protocol
NAVX
$ 0.008378
+0.08%
+7.24%
+2.63%
$ 6.78M
$ 6.65M
24
Xauras
Xauras
XRS
$ 0.02977692
0.00%
0.00%
+0.03%
$ 6.66M
$ 15.22K
25
HyperLend
HyperLend
HPL
$ 0.0118765
+0.16%
+0.02%
-5.16%
$ 4.74M
$ 8.79K
26
Liqwid Finance
Liqwid Finance
LQ
$ 0.182388
+0.87%
+0.05%
+11.40%
$ 3.70M
$ 213.98
27
Suilend
Suilend
SEND
$ 0.0489766
-0.05%
-0.02%
-5.24%
$ 3.59M
$ 2.72K
28
Gearbox
Gearbox
GEAR
$ 0.0003515
-0.02%
+0.00%
-12.34%
$ 3.52M
$ 98.81
29
Goldfinch
Goldfinch
GFI
$ 0.03213
+1.41%
+6.54%
-2.15%
$ 2.83M
$ 1.82M
30
Avalon
Avalon
AVL
$ 0.01673
+0.24%
+1.81%
-7.93%
$ 2.72M
$ 3.48M
31
Nest
Nest
NEST
$ 0.00386604
+3.58%
-0.04%
-2.57%
$ 1.85M
$ 48.79K
32
Blend
Blend
BLND
$ 0.04162688
+0.20%
0.00%
-0.37%
$ 1.47M
$ 1.55K
33
Hatom
Hatom
HTM
$ 0.01605773
+0.28%
+0.06%
+4.75%
$ 1.30M
$ 2.75K
34
Scallop
Scallop
SCA
$ 0.0077
+1.32%
0.00%
-7.23%
$ 1.24M
$ 402.81K
35
TrueFi
TrueFi
TRU
$ 0.00087074
+1.99%
+0.01%
+7.06%
$ 1.09M
$ 65.31K
36
Reservoir
Reservoir
DAM
$ 0.00367404
-1.24%
0.00%
-18.59%
$ 946.23K
$ 2.03K
37
Radiant Capital
Radiant Capital
RDNT
$ 0.00050475
-1.78%
+0.02%
-10.27%
$ 736.00K
$ 65.35K
38
MEZO
MEZO
MEZO
$ 0.007986
-0.20%
-3.36%
-16.64%
$ 687.40K
$ 7.43M
39
Seamless Protocol
Seamless Protocol
SEAM
$ 0.01416756
-0.07%
0.00%
-18.81%
$ 576.48K
$ 70.16
40
Nostra
Nostra
NSTR
$ 0.00548338
-0.01%
0.00%
-1.16%
$ 548.34K
$ 14.93
41
LO0P
LO0P
LO0P
$ 0.449681
+0.10%
+0.04%
+117.07%
$ 449.68K
$ 70.52K
42
DefiTuna
DefiTuna
TUNA
$ 0.0015306
-0.11%
+0.23%
+26.02%
$ 430.86K
$ 1.36K
43
Celsius Network
Celsius Network
CEL
$ 0.01126051
-0.09%
-0.03%
+2.39%
$ 402.20K
$ 204.15
44
Silo Finance
Silo Finance
SILO
$ 0.00061787
0.00%
--
0.00%
$ 378.27K
$ 9.18
45
Notional Finance
Notional Finance
NOTE
$ 0.00540115
0.00%
--
-6.08%
$ 254.01K
$ 96.39
46
BendDAO
BendDAO
BEND
$ 2.727E-5
0.00%
0.00%
0.00%
$ 112.33K
--
47
dForce
dForce
DF
$ 0.00010058
-0.09%
+0.01%
-25.91%
$ 100.57K
$ 5.57
48
Paystream
Paystream
PAYS
$ 0.03036337
-0.02%
--
-0.02%
$ 97.27K
$ 1.65
49
Pixie Dust
Pixie Dust
DUST
$ 0.03409777
-0.01%
+0.02%
-25.33%
$ 95.59K
$ 3.91K
50
Pike Finance
Pike Finance
P
$ 0.0003783
0.00%
0.00%
-0.88%
$ 87.04K
$ 20.19

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.