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
$ 110.75
-0.77%
+13.89%
+26.93%
$ 1.69B
$ 6.07K
2
MORPHO
MORPHO
MORPHO
$ 2.4273
+3.52%
+11.67%
+25.23%
$ 1.23B
$ 72.96K
3
Olympus
Olympus
OHM
$ 18.6
-0.11%
-0.00%
+0.87%
$ 277.95M
$ 326.93K
4
Maple Finance
Maple Finance
SYRUP
$ 0.19309
+0.37%
+10.45%
+21.31%
$ 228.34M
$ 500.45K
5
Compound
Compound
COMP
$ 19.37
-0.82%
+1.68%
+20.01%
$ 193.70M
$ 4.90K
6
Kamino
Kamino
KMNO
$ 0.02349
+0.26%
+11.91%
+25.72%
$ 111.39M
$ 3.16M
7
Spark
Spark
SPK
$ 0.01758
+0.06%
+21.29%
+23.15%
$ 54.46M
$ 5.19M
8
Venus
Venus
XVS
$ 3.1388
+0.22%
+7.17%
+15.23%
$ 51.19M
$ 20.24K
9
Quantix Finance
Quantix Finance
QFI
$ 42.976
-0.18%
-8.10%
-18.78%
$ 43.05M
$ 5.98K
10
Dogelon Mars
Dogelon Mars
ELON
$ 0.00000003421
-0.06%
+4.57%
+30.14%
$ 34.49M
$ 2.78T
11
Euler Finance
Euler Finance
EUL
$ 1.345
+1.45%
+4.00%
+11.80%
$ 31.18M
$ 71.92K
12
Lista DAO
Lista DAO
LISTA
$ 0.07452
+0.91%
+6.69%
+28.03%
$ 30.79M
$ 949.55K
13
deBridge
deBridge
DBR
$ 0.01567
0.00%
+3.84%
+4.74%
$ 30.20M
$ 3.66M
14
CoinDepo
CoinDepo
COINDEPO
$ 0.11293
+0.36%
-0.64%
+0.93%
$ 28.25M
$ 3.81M
15
Zest Protocol
Zest Protocol
ZEST
$ 0.14312
-0.04%
+3.20%
-1.33%
$ 21.16M
$ 728.72K
16
Moonwell
Moonwell
WELL
$ 0.00380075
+0.64%
+0.14%
+36.53%
$ 17.22M
$ 346.91K
17
Yei Finance
Yei Finance
CLO
$ 0.1178
-1.40%
+5.94%
-0.31%
$ 14.94M
$ 1.69M
18
EVAA Protocol
EVAA Protocol
EVAA
$ 0.7714
+0.67%
+3.06%
+1.58%
$ 13.89M
$ 160.29K
19
Dolomite
Dolomite
DOLO
$ 0.02644
-0.53%
+9.96%
+29.36%
$ 11.65M
$ 3.10M
20
Wise
Wise
WISE
$ 0.130303
-0.40%
+0.05%
+26.57%
$ 11.33M
$ 6.97K
21
BENQI
BENQI
BENQI
$ 0.001342
-0.38%
+3.84%
-0.23%
$ 9.54M
$ 77.82M
22
Abelian
Abelian
ABEL
$ 0.05916
-0.22%
+0.29%
-6.04%
$ 7.00M
$ 152.98K
23
Xauras
Xauras
XRS
$ 0.02979331
-0.01%
0.00%
+0.05%
$ 6.66M
$ 15.40K
24
Avalon
Avalon
AVL
$ 0.01671019
-0.45%
+0.05%
+2.36%
$ 6.49M
$ 949.92K
25
NAVI Protocol
NAVI Protocol
NAVX
$ 0.007505
+0.74%
+0.28%
+6.37%
$ 6.11M
$ 7.77M
26
Grove
Grove
GROVE
$ 0.00757934
+0.17%
-0.03%
-5.47%
$ 5.03M
$ 221.27K
27
Liqwid Finance
Liqwid Finance
LQ
$ 0.223866
-0.47%
+0.11%
+26.39%
$ 4.54M
$ 4.29K
28
Suilend
Suilend
SEND
$ 0.052653
-1.43%
+0.03%
+6.98%
$ 3.91M
$ 2.02K
29
Gearbox
Gearbox
GEAR
$ 0.00038804
+0.07%
+0.05%
+21.15%
$ 3.88M
$ 8.07K
30
Blend
Blend
BLND
$ 0.04096161
-2.11%
-0.05%
-3.86%
$ 2.75M
$ 41.59K
31
Goldfinch
Goldfinch
GFI
$ 0.03281
+1.49%
+0.51%
+1.66%
$ 2.74M
$ 1.91M
32
HyperLend
HyperLend
HPL
$ 0.0138813
0.00%
-0.19%
+47.69%
$ 2.18M
$ 193.20K
33
Hatom
Hatom
HTM
$ 0.01845265
+1.42%
+0.10%
+17.86%
$ 1.49M
$ 8.16K
34
TrueFi
TrueFi
TRU
$ 0.00102082
-1.81%
-0.01%
-3.86%
$ 1.28M
$ 16.10K
35
DefiTuna
DefiTuna
TUNA
$ 0.0027637
+1.00%
+0.51%
+89.34%
$ 778.01K
$ 2.59K
36
Scallop
Scallop
SCA
$ 0.00441449
-3.42%
+0.10%
-2.73%
$ 719.79K
$ 369.63K
37
Nostra
Nostra
NSTR
$ 0.00622772
-0.20%
+0.02%
+15.22%
$ 622.84K
$ 559.55
38
Radiant Capital
Radiant Capital
RDNT
$ 0.00043087
+0.73%
-0.01%
+10.70%
$ 619.32K
$ 85.42K
39
MEZO
MEZO
MEZO
$ 0.006956
0.00%
-1.81%
-4.68%
$ 601.24K
$ 8.50M
40
Reservoir
Reservoir
DAM
$ 0.00193663
0.00%
-0.10%
-30.92%
$ 518.14K
$ 908.44
41
Seamless Protocol
Seamless Protocol
SEAM
$ 0.01140426
0.00%
+0.03%
-28.24%
$ 464.00K
$ 1.90K
42
Celsius Network
Celsius Network
CEL
$ 0.01263053
+2.64%
+0.11%
+13.94%
$ 451.01K
$ 3.92K
43
Silo Finance
Silo Finance
SILO
$ 0.00061742
0.00%
--
0.00%
$ 377.99K
$ 9.10
44
LO0P
LO0P
LO0P
$ 0.341983
-0.03%
+0.10%
+2.24%
$ 341.95K
$ 4.80K
45
Notional Finance
Notional Finance
NOTE
$ 0.00539468
0.00%
--
-1.74%
$ 334.39K
$ 6.80
46
BendDAO
BendDAO
BEND
$ 3.035E-5
0.00%
+7.00%
+6.83%
$ 125.01K
--
47
Pixie Dust
Pixie Dust
DUST
$ 0.04557671
0.00%
+0.00%
-8.95%
$ 120.61K
$ 4.38K
48
Alpaca Finance
Alpaca Finance
ALPACA
$ 0.00076786
-0.23%
+0.07%
+20.93%
$ 116.34K
$ 2.72K
49
dForce
dForce
DF
$ 0.00010333
0.00%
+0.02%
+6.24%
$ 103.32K
$ 55.74
50
Paystream
Paystream
PAYS
$ 0.02939755
0.00%
0.00%
-3.16%
$ 94.18K
$ 3.25

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.