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
$ 178.82
-0.52%
-1.00%
+16.93%
$ 2.79B
$ 6.65K
2
MORPHO
MORPHO
MORPHO
$ 2.5593
+0.09%
-1.24%
-6.26%
$ 1.37B
$ 179.75K
3
Olympus
Olympus
OHM
$ 20.21
-0.05%
-0.00%
-0.44%
$ 301.94M
$ 121.84K
4
Maple Finance
Maple Finance
SYRUP
$ 0.2401
-0.88%
+1.35%
+9.77%
$ 286.71M
$ 617.05K
5
Compound
Compound
COMP
$ 24.69
+0.37%
+1.40%
-2.42%
$ 246.40M
$ 6.28K
6
Kamino
Kamino
KMNO
$ 0.04047
+0.05%
-2.89%
-12.75%
$ 230.28M
$ 2.14M
7
Spark
Spark
SPK
$ 0.02589
-1.05%
+5.76%
+4.50%
$ 78.73M
$ 2.72M
8
Venus
Venus
XVS
$ 3.4471
+0.26%
-3.80%
+2.90%
$ 56.47M
$ 17.91K
9
Lista DAO
Lista DAO
LISTA
$ 0.08513
+0.16%
-2.91%
-2.53%
$ 40.09M
$ 675.62K
10
Teller
Teller
DEBIT
$ 2.17
-0.46%
+0.23%
+7.96%
$ 37.43M
$ 57.02M
11
deBridge
deBridge
DBR
$ 0.01911
0.00%
-0.26%
-16.04%
$ 36.67M
$ 2.94M
12
Euler Finance
Euler Finance
EUL
$ 1.3671
+0.33%
-1.68%
-7.62%
$ 34.04M
$ 52.95K
13
Dogelon Mars
Dogelon Mars
ELON
$ 0.00000003265
0.00%
-1.63%
-1.92%
$ 32.59M
$ 2.90T
14
Zest Protocol
Zest Protocol
ZEST
$ 0.19451
+0.40%
+4.46%
+10.05%
$ 28.30M
$ 383.28K
15
CoinDepo
CoinDepo
COINDEPO
$ 0.11216
-0.13%
+1.81%
+4.25%
$ 28.00M
$ 3.94M
16
Quantix Finance
Quantix Finance
QFI
$ 18.849
+0.02%
-2.64%
-0.94%
$ 18.78M
$ 6.71K
17
BENQI
BENQI
BENQI
$ 0.002584
-0.39%
-7.22%
-15.88%
$ 18.50M
$ 24.07M
18
Yei Finance
Yei Finance
CLO
$ 0.06235
+1.12%
+5.64%
-3.29%
$ 16.05M
$ 2.15M
19
EVAA Protocol
EVAA Protocol
EVAA
$ 0.7533
-0.58%
+12.50%
+4.52%
$ 13.50M
$ 317.22K
20
Dolomite
Dolomite
DOLO
$ 0.03019
+0.17%
-3.22%
-6.83%
$ 13.26M
$ 1.83M
21
Wise
Wise
WISE
$ 0.145272
+0.46%
-0.00%
-0.11%
$ 12.63M
$ 2.40K
22
NAVI Protocol
NAVI Protocol
NAVX
$ 0.012908
-0.48%
+2.27%
+14.17%
$ 10.57M
$ 4.60M
23
Moonwell
Moonwell
WELL
$ 0.00226299
-0.22%
-0.02%
-3.57%
$ 10.25M
$ 173.44K
24
Avalon
Avalon
AVL
$ 0.02263689
+0.10%
-0.03%
-8.64%
$ 9.23M
$ 188.21K
25
Abelian
Abelian
ABEL
$ 0.07394
-0.46%
+19.30%
+18.03%
$ 9.22M
$ 402.71K
26
Liqwid Finance
Liqwid Finance
LQ
$ 0.374407
-0.04%
-0.00%
-1.68%
$ 7.61M
$ 2.33K
27
Xauras
Xauras
XRS
$ 0.02980343
+0.01%
0.00%
+0.01%
$ 6.66M
$ 12.96K
28
Gearbox
Gearbox
GEAR
$ 0.00065404
-0.08%
-0.07%
-18.86%
$ 6.54M
$ 13.50K
29
Grove
Grove
GROVE
$ 0.00759619
+0.13%
-0.00%
-2.96%
$ 6.11M
$ 286.25K
30
HyperLend
HyperLend
HPL
$ 0.01231106
+1.27%
-0.01%
-5.18%
$ 4.86M
$ 27.64K
31
Suilend
Suilend
SEND
$ 0.056996
-0.19%
-0.02%
-6.00%
$ 4.31M
$ 480.84
32
Goldfinch
Goldfinch
GFI
$ 0.03906945
-0.70%
-0.02%
-10.11%
$ 3.72M
$ 166.13K
33
Hatom
Hatom
HTM
$ 0.03295445
0.00%
-0.00%
-5.28%
$ 3.05M
$ 2.24K
34
MEZO
MEZO
MEZO
$ 0.00417015
+0.19%
+0.01%
-1.47%
$ 2.09M
$ 43.71K
35
Scallop
Scallop
SCA
$ 0.00812734
-0.90%
-0.02%
+48.75%
$ 1.33M
$ 67.98K
36
NetNet
NetNet
NET
$ 260.63
-1.93%
-0.18%
-44.59%
$ 1.26M
$ 2.73M
37
TrueFi
TrueFi
TRU
$ 0.00091493
-1.69%
+0.01%
+10.42%
$ 1.15M
$ 4.26K
38
DefiTuna
DefiTuna
TUNA
$ 0.00234441
0.00%
-0.03%
-9.24%
$ 659.95K
$ 3.98K
39
Radiant Capital
Radiant Capital
RDNT
$ 0.00045415
+0.01%
-0.01%
-1.22%
$ 652.56K
$ 17.70K
40
Reservoir
Reservoir
DAM
$ 0.0022304
0.00%
--
-11.76%
$ 619.04K
$ 29.13
41
Nostra
Nostra
NSTR
$ 0.00530953
0.00%
--
0.00%
$ 530.95K
$ 146.85
42
Seamless Protocol
Seamless Protocol
SEAM
$ 0.01200466
-0.54%
-0.01%
-2.02%
$ 488.42K
$ 66.80
43
Blend
Blend
BLND
$ 0.00565678
-0.12%
+0.09%
+18.74%
$ 379.74K
$ 4.60K
44
Silo Finance
Silo Finance
SILO
$ 0.00061742
0.00%
--
0.00%
$ 377.99K
$ 9.10
45
Notional Finance
Notional Finance
NOTE
$ 0.00449579
0.00%
-0.03%
-29.37%
$ 278.67K
$ 582.01
46
Celsius Network
Celsius Network
CEL
$ 0.00610638
-0.16%
+0.01%
-0.47%
$ 218.11K
$ 631.73
47
BendDAO
BendDAO
BEND
$ 4.119E-5
+0.02%
0.00%
+6.32%
$ 169.83K
--
48
LO0P
LO0P
LO0P
$ 0.156427
-0.05%
-0.01%
-51.77%
$ 156.42K
$ 198.17
49
Alpaca Finance
Alpaca Finance
ALPACA
$ 0.00073234
-0.58%
-0.02%
-5.23%
$ 136.55K
$ 704.97
50
dForce
dForce
DF
$ 0.00010391
-0.12%
-0.02%
+0.21%
$ 103.90K
$ 44.67

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.