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

AaveToken

AAVE

$ 155.96

-1.02%

+0.73%

-1.11%

$ 2.40B

$ 1.63K

MORPHO

$ 2.3766

-0.84%

-1.01%

-2.11%

$ 1.27B

$ 46.88K

Olympus

OHM

$ 19.83

-0.10%

+0.00%

+0.61%

$ 296.26M

$ 99.30K

Compound

COMP

$ 25.53

-1.20%

-0.27%

+14.82%

$ 255.70M

$ 5.23K

Kamino

KMNO

$ 0.04229

+0.67%

+6.70%

+8.97%

$ 243.98M

$ 1.93M

Maple Finance

SYRUP

$ 0.20363

-0.67%

+1.27%

-2.67%

$ 243.49M

$ 368.77K

Spark

SPK

$ 0.01975

-0.90%

+0.76%

-3.70%

$ 60.94M

$ 2.50M

Venus

XVS

$ 3.0908

-0.33%

+1.28%

+0.41%

$ 50.87M

$ 18.92K

Lista DAO

LISTA

$ 0.08125

-0.33%

+4.75%

+7.78%

$ 38.31M

$ 703.70K

deBridge

DBR

$ 0.0174

-1.75%

-4.09%

-11.20%

$ 33.41M

$ 3.29M

CoinDepo

COINDEPO

$ 0.12275

+0.39%

+0.52%

+4.43%

$ 30.73M

$ 3.46M

Euler Finance

EUL

$ 1.1997

-0.82%

+1.66%

-5.01%

$ 30.06M

$ 51.38K

Dogelon Mars

ELON

$ 0.00000002986

-0.73%

+0.84%

+0.64%

$ 29.85M

$ 2.80T

Zest Protocol

ZEST

$ 0.17992

-0.09%

-0.54%

+4.52%

$ 26.19M

$ 337.61K

Teller

DEBIT

$ 1.44

0.00%

-0.02%

-5.88%

$ 24.84M

$ 3.35M

Quantix Finance

QFI

$ 18.206

-0.54%

+1.27%

+1.34%

$ 18.24M

$ 38.34K

BENQI

$ 0.002386

-0.17%

-2.18%

-11.15%

$ 17.16M

$ 23.07M

Yei Finance

CLO

$ 0.06007

+2.51%

+18.83%

+23.32%

$ 15.59M

$ 3.56M

Abelian

ABEL

$ 0.11243

+2.61%

-0.29%

+56.33%

$ 14.34M

$ 462.82K

Wise

WISE

$ 0.134882

-0.43%

+0.01%

+1.79%

$ 11.98M

$ 13.80K

Dolomite

DOLO

$ 0.0256

-0.70%

+3.68%

+1.66%

$ 11.33M

$ 2.73M

Moonwell

WELL

$ 0.00227941

-0.71%

+0.11%

+7.55%

$ 10.32M

$ 7.38M

EVAA Protocol

EVAA

$ 0.5728

-0.52%

+5.11%

-4.43%

$ 10.17M

$ 125.69K

Avalon

AVL

$ 0.02113629

+1.05%

+0.08%

+2.60%

$ 9.45M

$ 550.40K

NAVI Protocol

NAVX

$ 0.010847

-0.20%

+2.33%

-1.46%

$ 8.89M

$ 5.15M

Xauras

XRS

$ 0.02978918

0.00%

+0.03%

$ 6.66M

$ 12.81K

Gearbox

GEAR

$ 0.00063761

-0.37%

+0.01%

+5.61%

$ 6.38M

$ 17.77K

Liqwid Finance

$ 0.286806

-0.37%

+0.01%

-9.92%

$ 5.83M

$ 668.59

Hatom

HTM

$ 0.04401356

-0.71%

+0.01%

+17.05%

$ 4.27M

$ 4.19K

Suilend

SEND

$ 0.05293

-0.35%

+0.04%

+2.81%

$ 4.00M

$ 152.51

Grove

GROVE

$ 0.00452949

+0.04%

-0.13%

-34.36%

$ 3.96M

$ 220.52K

HyperLend

HPL

$ 0.0094786

-0.72%

+0.05%

+3.05%

$ 3.89M

$ 15.01K

Goldfinch

GFI

$ 0.0379494

-0.97%

-0.03%

-1.13%

$ 3.61M

$ 44.20K

MEZO

$ 0.00286533

+1.23%

-0.00%

-1.82%

$ 1.43M

$ 57.78K

Scallop

SCA

$ 0.00662749

-0.52%

+0.02%

+11.95%

$ 1.16M

$ 27.04K

TrueFi

TRU

$ 0.00086563

+1.03%

-0.03%

-4.75%

$ 1.09M

$ 17.04K

Reservoir

DAM

$ 0.00323661

+0.02%

-0.14%

-13.70%

$ 898.29K

$ 4.54K

NetNet

NET

$ 160.69

-0.26%

-0.02%

-14.98%

$ 775.23K

$ 370.68K

Radiant Capital

RDNT

$ 0.00053685

-0.61%

-0.02%

-4.25%

$ 771.40K

$ 63.48K

DefiTuna

TUNA

$ 0.00191471

0.00%

+0.01%

+0.73%

$ 539.00K

$ 164.49

Nostra

NSTR

$ 0.00508999

-0.23%

+1.76%

$ 509.00K

$ 470.61

Seamless Protocol

SEAM

$ 0.01154032

0.00%

-0.01%

-2.45%

$ 469.54K

$ 150.11

Blend

BLND

$ 0.00609324

-0.48%

-0.05%

+1.86%

$ 409.10K

$ 1.14K

Silo Finance

SILO

$ 0.00061742

0.00%

$ 377.99K

$ 9.10

Celsius Network

CEL

$ 0.00765718

-0.40%

+0.18%

+32.38%

$ 273.52K

$ 5.95K

Notional Finance

NOTE

$ 0.00315883

0.00%

-22.48%

$ 195.80K

$ 0.49

BendDAO

BEND

$ 3.417E-5

+0.21%

0.00%

-3.77%

$ 141.13K

Alpaca Finance

ALPACA

$ 0.00072775

-0.08%

+0.03%

+2.69%

$ 135.66K

$ 487.54

LO0P

$ 0.12357

0.00%

+0.18%

$ 123.57K

$ 2.11

dForce

$ 0.00010951

0.00%

-0.05%

+8.31%

$ 109.50K

$ 81.02

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.

What is the primary utility of native tokens issued by lending and borrowing protocols?

How do flash loans differ from standard cryptocurrency borrowing practices?

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.

Top Lending & Borrowing Protocol Tokens by Market Capitalization

Tradable Crypto

Category

Lending/Borrowing Protocols

Smart Contract Platform

Layer 1 (L1)

Proof of Work (PoW)

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