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

$ 158.17

-0.16%

-2.57%

-7.26%

$ 2.46B

$ 1.91K

MORPHO

$ 2.3472

-0.86%

-3.23%

-4.98%

$ 1.26B

$ 41.87K

Maple Finance

SYRUP

$ 0.24943

-0.18%

+3.24%

+11.08%

$ 302.93M

$ 471.16K

Olympus

OHM

$ 19.93

-0.40%

+0.00%

-0.90%

$ 297.94M

$ 229.94K

Compound

COMP

$ 22.83

-1.35%

-5.88%

-3.28%

$ 227.30M

$ 3.88K

Kamino

KMNO

$ 0.03697

-0.72%

+2.61%

-0.88%

$ 214.22M

$ 2.11M

Spark

SPK

$ 0.02066

-0.91%

-2.81%

-6.70%

$ 64.02M

$ 2.85M

Venus

XVS

$ 3.1375

+0.05%

+0.18%

+2.06%

$ 51.88M

$ 19.08K

deBridge

DBR

$ 0.01952

+0.46%

-1.76%

+7.05%

$ 37.69M

$ 2.78M

Lista DAO

LISTA

$ 0.07573

-0.43%

-3.75%

-2.28%

$ 35.94M

$ 741.80K

Euler Finance

EUL

$ 1.3007

-0.58%

-6.83%

-7.22%

$ 32.66M

$ 45.11K

Teller

DEBIT

$ 1.8

0.00%

-0.01%

-3.74%

$ 31.00M

$ 53.29M

Dogelon Mars

ELON

$ 0.00000003054

-0.29%

+0.10%

-2.55%

$ 30.54M

$ 2.73T

CoinDepo

COINDEPO

$ 0.11177

-0.04%

-0.31%

-0.26%

$ 27.98M

$ 3.10M

Zest Protocol

ZEST

$ 0.18304

+0.85%

+0.59%

-1.69%

$ 26.59M

$ 683.16K

BENQI

$ 0.002678

-1.14%

+1.54%

-7.06%

$ 19.43M

$ 23.19M

Quantix Finance

QFI

$ 18

0.00%

-0.47%

-2.42%

$ 18.00M

$ 39.93K

Yei Finance

CLO

$ 0.05682

+0.42%

-6.33%

-6.23%

$ 14.68M

$ 2.87M

Wise

WISE

$ 0.13742

-0.15%

+0.00%

-1.31%

$ 12.20M

$ 2.23K

Dolomite

DOLO

$ 0.02579

-0.81%

-3.37%

-10.48%

$ 11.39M

$ 2.82M

EVAA Protocol

EVAA

$ 0.6275

-0.05%

-1.03%

-12.35%

$ 10.96M

$ 107.37K

Abelian

ABEL

$ 0.08237

+2.22%

-2.06%

+33.37%

$ 10.30M

$ 264.80K

NAVI Protocol

NAVX

$ 0.011951

+2.05%

-2.33%

-8.81%

$ 9.80M

$ 4.90M

Moonwell

WELL

$ 0.00213046

-0.57%

-0.02%

-5.32%

$ 9.65M

$ 2.66M

Avalon

AVL

$ 0.01924416

+0.48%

-0.05%

-9.88%

$ 8.66M

$ 302.03K

Liqwid Finance

$ 0.332536

-1.72%

-0.04%

-9.91%

$ 6.76M

$ 2.95K

Xauras

XRS

$ 0.02978099

0.00%

-0.04%

$ 6.66M

$ 12.66K

Gearbox

GEAR

$ 0.00060856

-0.31%

+0.00%

+3.06%

$ 6.09M

$ 19.08K

Grove

GROVE

$ 0.00691158

-0.69%

-0.00%

-10.09%

$ 5.91M

$ 766.95K

Suilend

SEND

$ 0.052525

+0.02%

-0.07%

-12.82%

$ 3.97M

$ 2.23K

HyperLend

HPL

$ 0.0095901

-0.08%

-0.12%

-16.57%

$ 3.80M

$ 63.51K

Goldfinch

GFI

$ 0.03695588

-0.22%

-0.12%

+0.65%

$ 3.52M

$ 50.54K

Hatom

HTM

$ 0.03484058

0.00%

+0.02%

+5.59%

$ 3.38M

$ 10.51K

MEZO

$ 0.00349532

+1.22%

+0.01%

-7.88%

$ 1.75M

$ 32.47K

Reservoir

DAM

$ 0.0046877

-0.71%

-0.12%

+95.00%

$ 1.30M

$ 28.33K

TrueFi

TRU

$ 0.00091582

-5.08%

-0.00%

-2.05%

$ 1.15M

$ 4.26K

Scallop

SCA

$ 0.00657071

-0.74%

-0.05%

+3.60%

$ 1.15M

$ 66.88K

Radiant Capital

RDNT

$ 0.0005701

-0.19%

-0.12%

-25.15%

$ 819.21K

$ 341.20K

NetNet

NET

$ 168.22

-0.41%

-0.00%

-41.46%

$ 811.54K

$ 767.97K

DefiTuna

TUNA

$ 0.00237585

-0.04%

+0.07%

+3.21%

$ 668.77K

$ 67.75

Nostra

NSTR

$ 0.0050733

0.00%

-0.26%

$ 507.33K

$ 120.46

Seamless Protocol

SEAM

$ 0.01173534

0.00%

+0.00%

-0.11%

$ 477.46K

$ 31.98

Blend

BLND

$ 0.00608493

-0.44%

+0.05%

-13.89%

$ 408.46K

$ 1.29K

Silo Finance

SILO

$ 0.00061742

0.00%

$ 377.99K

$ 9.10

Notional Finance

NOTE

$ 0.00417331

-0.47%

-0.00%

-7.79%

$ 258.89K

$ 4.04

Celsius Network

CEL

$ 0.00590405

-0.20%

-0.00%

+0.80%

$ 210.89K

$ 862.54

BendDAO

BEND

$ 3.753E-5

+0.70%

0.00%

-9.30%

$ 154.74K

LO0P

$ 0.141791

-0.56%

-0.00%

-3.28%

$ 141.79K

$ 24.20

Alpaca Finance

ALPACA

$ 0.00071913

-0.28%

-0.01%

-3.50%

$ 134.08K

$ 299.40

dForce

$ 0.00010169

-0.24%

+0.01%

+1.08%

$ 101.71K

$ 28.94

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)

Other Crypto

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Frequently Asked Questions

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