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
$ 88.34
+0.18%
+2.29%
-1.06%
$ 1.36B
$ 1.82K
2
MORPHO
MORPHO
MORPHO
$ 2.1219
+0.35%
+3.38%
+7.77%
$ 1.06B
$ 101.04K
3
Olympus
Olympus
OHM
$ 18.29
-0.05%
-0.01%
-2.56%
$ 273.33M
$ 291.76K
4
Maple Finance
Maple Finance
SYRUP
$ 0.16379
-0.21%
+2.23%
+10.31%
$ 195.33M
$ 568.27K
5
Compound
Compound
COMP
$ 17.65
-1.53%
+6.94%
+7.27%
$ 174.10M
$ 4.90K
6
Kamino
Kamino
KMNO
$ 0.0179
-0.28%
+0.45%
-1.91%
$ 86.86M
$ 3.10M
7
Quantix Finance
Quantix Finance
QFI
$ 51.457
+0.07%
-2.62%
-3.11%
$ 51.42M
$ 5.08K
8
Venus
Venus
XVS
$ 2.6892
+0.18%
-1.49%
-1.05%
$ 43.95M
$ 19.98K
9
Spark
Spark
SPK
$ 0.01342
-0.15%
-6.64%
-5.60%
$ 37.76M
$ 3.90M
10
deBridge
deBridge
DBR
$ 0.01486
-0.40%
-0.87%
-0.54%
$ 28.60M
$ 3.45M
11
CoinDepo
CoinDepo
COINDEPO
$ 0.11274
+0.01%
+0.80%
-0.27%
$ 28.20M
$ 3.46M
12
Dogelon Mars
Dogelon Mars
ELON
$ 0.00000002667
+0.04%
+0.79%
-0.78%
$ 26.64M
$ 2.96T
13
Euler Finance
Euler Finance
EUL
$ 1.1382
-1.93%
-1.88%
-0.17%
$ 26.59M
$ 69.97K
14
Lista DAO
Lista DAO
LISTA
$ 0.05934
+0.02%
-0.65%
-8.23%
$ 24.47M
$ 1.05M
15
Zest Protocol
Zest Protocol
ZEST
$ 0.14019
-0.03%
-1.29%
-8.21%
$ 20.41M
$ 569.87K
16
Yei Finance
Yei Finance
CLO
$ 0.12857
+3.88%
+11.46%
+11.18%
$ 16.71M
$ 759.46K
17
EVAA Protocol
EVAA Protocol
EVAA
$ 0.7867
-1.25%
-3.17%
-1.09%
$ 14.07M
$ 169.84K
18
Moonwell
Moonwell
WELL
$ 0.00288062
-0.31%
+0.01%
+2.48%
$ 13.05M
$ 1.16M
19
Dolomite
Dolomite
DOLO
$ 0.02385
-0.26%
+3.82%
+1.39%
$ 10.33M
$ 4.15M
20
Wise
Wise
WISE
$ 0.103758
+0.09%
+0.00%
+1.28%
$ 9.01M
$ 502.73
21
BENQI
BENQI
BENQI
$ 0.001238
-0.72%
-5.49%
-7.68%
$ 8.92M
$ 39.01M
22
Abelian
Abelian
ABEL
$ 0.06132
+0.20%
+2.33%
-3.17%
$ 7.24M
$ 224.48K
23
Xauras
Xauras
XRS
$ 0.02978325
+0.01%
0.00%
+0.01%
$ 6.66M
$ 15.22K
24
Avalon
Avalon
AVL
$ 0.01569151
-0.48%
-0.02%
-2.29%
$ 6.10M
$ 126.55K
25
NAVI Protocol
NAVI Protocol
NAVX
$ 0.006961
-0.40%
-1.68%
-6.79%
$ 5.68M
$ 7.79M
26
Grove
Grove
GROVE
$ 0.00799492
-0.05%
0.00%
-7.56%
$ 5.31M
$ 147.12K
27
Suilend
Suilend
SEND
$ 0.04956353
-0.07%
-0.00%
-0.38%
$ 3.67M
$ 1.37K
28
Liqwid Finance
Liqwid Finance
LQ
$ 0.175935
-0.14%
-0.02%
-2.44%
$ 3.57M
$ 287.76
29
HyperLend
HyperLend
HPL
$ 0.00976048
+0.03%
+0.01%
+1.91%
$ 3.26M
$ 12.66K
30
Gearbox
Gearbox
GEAR
$ 0.00030836
+0.08%
+0.00%
-4.78%
$ 3.08M
$ 208.12
31
Blend
Blend
BLND
$ 0.04113543
+0.07%
-0.01%
+2.45%
$ 2.76M
$ 2.76K
32
Goldfinch
Goldfinch
GFI
$ 0.02975
+1.60%
+1.32%
-5.80%
$ 2.62M
$ 1.90M
33
Hatom
Hatom
HTM
$ 0.01603684
0.00%
+0.05%
+3.23%
$ 1.30M
$ 941.15
34
TrueFi
TrueFi
TRU
$ 0.00102842
-0.01%
+0.03%
-23.21%
$ 1.29M
$ 6.00K
35
MEZO
MEZO
MEZO
$ 0.007115
+0.01%
-0.99%
-7.24%
$ 612.93K
$ 7.75M
36
Reservoir
Reservoir
DAM
$ 0.00223291
0.00%
-0.12%
-18.17%
$ 597.41K
$ 1.55K
37
Scallop
Scallop
SCA
$ 0.00353425
-10.47%
-0.13%
-23.82%
$ 575.86K
$ 465.55K
38
Radiant Capital
Radiant Capital
RDNT
$ 0.00039013
-0.14%
-0.00%
-7.39%
$ 560.58K
$ 17.89K
39
Nostra
Nostra
NSTR
$ 0.00544383
0.00%
-0.00%
-1.94%
$ 544.38K
$ 3.79
40
DefiTuna
DefiTuna
TUNA
$ 0.00159769
+0.56%
+0.17%
+10.23%
$ 449.69K
$ 354.02
41
Celsius Network
Celsius Network
CEL
$ 0.01064353
-0.01%
-0.01%
-3.66%
$ 380.18K
$ 709.76
42
Silo Finance
Silo Finance
SILO
$ 0.00061742
0.00%
--
0.00%
$ 377.99K
$ 9.10
43
Notional Finance
Notional Finance
NOTE
$ 0.00539468
0.00%
--
-0.42%
$ 334.39K
$ 6.80
44
LO0P
LO0P
LO0P
$ 0.287635
+0.06%
+0.01%
-30.33%
$ 287.64K
$ 1.68K
45
Seamless Protocol
Seamless Protocol
SEAM
$ 0.00650427
+0.03%
0.00%
-58.68%
$ 264.63K
$ 98.86
46
Pixie Dust
Pixie Dust
DUST
$ 0.050574
-0.11%
-0.04%
+29.85%
$ 133.72K
$ 1.86K
47
BendDAO
BendDAO
BEND
$ 2.829E-5
-0.35%
-1.00%
-0.42%
$ 116.52K
--
48
Alpaca Finance
Alpaca Finance
ALPACA
$ 0.00064484
+0.06%
+0.01%
+2.94%
$ 97.81K
$ 569.92
49
dForce
dForce
DF
$ 9.457E-5
+0.06%
-3.50%
+9.71%
$ 94.56K
--
50
Paystream
Paystream
PAYS
$ 0.02936379
0.00%
0.00%
-3.27%
$ 94.07K
$ 0.72

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.