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
$ 139.78
-0.08%
+11.76%
+59.01%
$ 2.18B
$ 6.11K
2
MORPHO
MORPHO
MORPHO
$ 2.8516
+1.26%
+24.25%
+34.12%
$ 1.44B
$ 142.81K
3
Olympus
Olympus
OHM
$ 18.55
-0.64%
-0.00%
+0.71%
$ 277.26M
$ 204.46K
4
Maple Finance
Maple Finance
SYRUP
$ 0.20029
-0.63%
+4.14%
+21.17%
$ 239.44M
$ 386.48K
5
Compound
Compound
COMP
$ 20.46
0.00%
+3.71%
+15.52%
$ 206.90M
$ 3.80K
6
Kamino
Kamino
KMNO
$ 0.02465
-0.36%
+0.53%
+38.22%
$ 120.40M
$ 2.07M
7
Spark
Spark
SPK
$ 0.02356
-1.78%
+26.64%
+61.99%
$ 69.79M
$ 4.62M
8
Venus
Venus
XVS
$ 3.1573
-0.61%
+1.31%
+16.83%
$ 51.86M
$ 20.19K
9
Dogelon Mars
Dogelon Mars
ELON
$ 0.00000003496
+0.14%
+0.26%
+29.84%
$ 34.85M
$ 2.64T
10
Euler Finance
Euler Finance
EUL
$ 1.3499
-0.73%
+1.95%
+18.29%
$ 31.98M
$ 69.01K
11
deBridge
deBridge
DBR
$ 0.01517
-0.13%
-0.85%
+1.81%
$ 29.20M
$ 3.45M
12
Lista DAO
Lista DAO
LISTA
$ 0.06999
-0.31%
+1.82%
+19.15%
$ 29.08M
$ 808.93K
13
CoinDepo
CoinDepo
COINDEPO
$ 0.11319
-0.03%
+0.11%
+0.46%
$ 28.36M
$ 3.45M
14
Zest Protocol
Zest Protocol
ZEST
$ 0.13506
-0.64%
-2.15%
-1.66%
$ 19.95M
$ 445.87K
15
Moonwell
Moonwell
WELL
$ 0.00369187
-0.15%
0.00%
+27.85%
$ 16.72M
$ 219.42K
16
Yei Finance
Yei Finance
CLO
$ 0.10706
-0.58%
-0.88%
-7.07%
$ 13.92M
$ 1.46M
17
EVAA Protocol
EVAA Protocol
EVAA
$ 0.7142
-0.74%
+0.79%
-12.01%
$ 12.74M
$ 172.13K
18
Wise
Wise
WISE
$ 0.133393
-0.27%
+0.01%
+28.58%
$ 11.61M
$ 809.89
19
Dolomite
Dolomite
DOLO
$ 0.02413
+0.37%
+0.12%
-0.04%
$ 10.81M
$ 2.66M
20
BENQI
BENQI
BENQI
$ 0.00134
-0.51%
-0.87%
+4.86%
$ 9.79M
$ 40.16M
21
Avalon
Avalon
AVL
$ 0.01995449
-0.42%
+0.15%
+20.42%
$ 7.75M
$ 2.67M
22
Abelian
Abelian
ABEL
$ 0.0588
-0.17%
+0.02%
-4.42%
$ 6.93M
$ 272.53K
23
Xauras
Xauras
XRS
$ 0.02980376
-0.01%
0.00%
+0.07%
$ 6.66M
$ 15.58K
24
NAVI Protocol
NAVI Protocol
NAVX
$ 0.007727
+0.61%
+4.42%
+10.43%
$ 6.33M
$ 7.45M
25
Quantix Finance
Quantix Finance
QFI
$ 6.118
-2.49%
-16.73%
-88.31%
$ 5.99M
$ 535.17
26
Grove
Grove
GROVE
$ 0.00801556
+0.03%
-0.01%
+0.23%
$ 5.32M
$ 134.63K
27
Liqwid Finance
Liqwid Finance
LQ
$ 0.244827
-0.36%
+0.02%
+38.30%
$ 4.97M
$ 2.04K
28
Suilend
Suilend
SEND
$ 0.052311
-0.02%
+0.01%
+5.83%
$ 3.89M
$ 375.82
29
Gearbox
Gearbox
GEAR
$ 0.0003738
-0.74%
-0.01%
+20.57%
$ 3.74M
$ 5.33K
30
Goldfinch
Goldfinch
GFI
$ 0.03511
+0.88%
-6.65%
+14.71%
$ 3.00M
$ 1.73M
31
Blend
Blend
BLND
$ 0.04291754
+0.25%
+0.05%
+3.28%
$ 2.88M
$ 3.84K
32
HyperLend
HyperLend
HPL
$ 0.01692726
+0.76%
+0.07%
+73.29%
$ 2.66M
$ 247.09K
33
Hatom
Hatom
HTM
$ 0.02109865
0.00%
+0.07%
+31.56%
$ 1.72M
$ 10.29K
34
DefiTuna
DefiTuna
TUNA
$ 0.00507532
+0.65%
+0.98%
+230.15%
$ 1.43M
$ 4.47K
35
TrueFi
TrueFi
TRU
$ 0.00099448
-2.47%
+0.02%
-3.30%
$ 1.25M
$ 8.90K
36
Seamless Protocol
Seamless Protocol
SEAM
$ 0.02117282
+3.23%
+0.19%
+225.27%
$ 861.44K
$ 2.82K
37
Scallop
Scallop
SCA
$ 0.00437194
+9.32%
+0.09%
+11.38%
$ 713.27K
$ 239.85K
38
Nostra
Nostra
NSTR
$ 0.00630064
-0.27%
+0.03%
+15.86%
$ 630.04K
$ 280.94
39
MEZO
MEZO
MEZO
$ 0.007249
-0.40%
-1.49%
-0.07%
$ 615.85K
$ 7.75M
40
Radiant Capital
Radiant Capital
RDNT
$ 0.00042734
-0.66%
-0.02%
+7.09%
$ 614.05K
$ 45.31K
41
Reservoir
Reservoir
DAM
$ 0.00174224
0.00%
-0.28%
-22.74%
$ 466.13K
$ 140.46
42
Notional Finance
Notional Finance
NOTE
$ 0.00706299
-0.27%
--
+30.93%
$ 437.78K
$ 355.55
43
Celsius Network
Celsius Network
CEL
$ 0.01205229
-0.01%
-0.00%
+13.04%
$ 430.50K
$ 431.55
44
LO0P
LO0P
LO0P
$ 0.397377
-0.06%
+0.17%
+37.28%
$ 397.41K
$ 53.39K
45
Silo Finance
Silo Finance
SILO
$ 0.00061742
0.00%
--
0.00%
$ 377.99K
$ 9.10
46
BendDAO
BendDAO
BEND
$ 5.106E-5
0.00%
-2.50%
+79.85%
$ 210.34K
--
47
Pixie Dust
Pixie Dust
DUST
$ 0.04547661
-0.01%
+0.02%
-10.28%
$ 121.60K
$ 2.47K
48
Alpaca Finance
Alpaca Finance
ALPACA
$ 0.00079456
-0.33%
-0.00%
+23.23%
$ 120.51K
$ 2.35K
49
dForce
dForce
DF
$ 0.0001045
0.00%
+0.01%
+5.66%
$ 104.49K
$ 3.44
50
Pike Finance
Pike Finance
P
$ 0.00037191
0.00%
--
-1.06%
$ 85.57K
$ 7.84

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.