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
$ 143.12
+0.35%
+17.33%
+61.48%
$ 2.21B
$ 6.78K
2
MORPHO
MORPHO
MORPHO
$ 2.7313
+1.44%
+21.14%
+31.60%
$ 1.40B
$ 167.94K
3
Olympus
Olympus
OHM
$ 18.62
+0.49%
+0.01%
+1.47%
$ 278.18M
$ 182.36K
4
Maple Finance
Maple Finance
SYRUP
$ 0.19205
-0.08%
+4.03%
+19.27%
$ 232.25M
$ 400.02K
5
Compound
Compound
COMP
$ 20
+0.60%
+2.91%
+14.82%
$ 201.40M
$ 3.76K
6
Kamino
Kamino
KMNO
$ 0.0245
+0.74%
+3.37%
+37.11%
$ 118.90M
$ 2.13M
7
Spark
Spark
SPK
$ 0.0225
+2.63%
+28.82%
+66.24%
$ 68.65M
$ 5.24M
8
Venus
Venus
XVS
$ 3.1098
+0.15%
+3.28%
+16.06%
$ 51.05M
$ 19.44K
9
Dogelon Mars
Dogelon Mars
ELON
$ 0.00000003485
+0.32%
+2.34%
+30.64%
$ 34.87M
$ 2.66T
10
Euler Finance
Euler Finance
EUL
$ 1.4026
+4.38%
+14.54%
+26.47%
$ 34.48M
$ 66.62K
11
deBridge
deBridge
DBR
$ 0.01516
0.00%
+1.00%
+2.15%
$ 29.20M
$ 3.42M
12
Lista DAO
Lista DAO
LISTA
$ 0.06872
+0.17%
+3.14%
+16.86%
$ 28.38M
$ 779.63K
13
CoinDepo
CoinDepo
COINDEPO
$ 0.11254
-0.07%
-0.41%
-0.19%
$ 28.19M
$ 3.63M
14
Zest Protocol
Zest Protocol
ZEST
$ 0.13982
+0.36%
-0.64%
-2.81%
$ 19.80M
$ 428.36K
15
Moonwell
Moonwell
WELL
$ 0.00371099
+1.71%
+0.03%
+29.44%
$ 16.81M
$ 201.23K
16
Yei Finance
Yei Finance
CLO
$ 0.10247
-0.02%
-2.94%
-17.61%
$ 13.25M
$ 1.74M
17
EVAA Protocol
EVAA Protocol
EVAA
$ 0.7183
+1.23%
+1.79%
-8.16%
$ 12.80M
$ 154.30K
18
Wise
Wise
WISE
$ 0.133473
+0.80%
+0.03%
+28.35%
$ 11.62M
$ 1.76K
19
Dolomite
Dolomite
DOLO
$ 0.02382
+0.84%
+1.13%
+3.61%
$ 10.63M
$ 2.74M
20
BENQI
BENQI
BENQI
$ 0.001303
+0.38%
-0.15%
+6.30%
$ 9.48M
$ 39.55M
21
Quantix Finance
Quantix Finance
QFI
$ 8.109
+47.44%
+24.67%
-82.51%
$ 9.00M
$ 397.80
22
Avalon
Avalon
AVL
$ 0.01847374
+0.19%
+0.05%
+19.02%
$ 7.17M
$ 2.55M
23
Abelian
Abelian
ABEL
$ 0.05903
+0.09%
+0.19%
-4.65%
$ 6.89M
$ 319.33K
24
Xauras
Xauras
XRS
$ 0.02980477
-0.01%
0.00%
+0.07%
$ 6.66M
$ 15.58K
25
NAVI Protocol
NAVI Protocol
NAVX
$ 0.007697
+0.87%
+6.57%
+11.35%
$ 6.33M
$ 7.41M
26
Grove
Grove
GROVE
$ 0.0079595
-0.04%
-0.00%
-0.57%
$ 5.28M
$ 131.44K
27
Liqwid Finance
Liqwid Finance
LQ
$ 0.241562
+0.27%
+0.06%
+37.35%
$ 4.91M
$ 2.50K
28
Suilend
Suilend
SEND
$ 0.051392
-1.36%
+0.00%
+3.74%
$ 3.83M
$ 203.78
29
Gearbox
Gearbox
GEAR
$ 0.00037341
+0.34%
-0.00%
+23.74%
$ 3.73M
$ 4.82K
30
HyperLend
HyperLend
HPL
$ 0.01921021
-0.37%
+0.14%
+96.77%
$ 3.02M
$ 300.94K
31
Goldfinch
Goldfinch
GFI
$ 0.03353
-2.86%
-0.81%
+11.13%
$ 2.89M
$ 1.77M
32
Blend
Blend
BLND
$ 0.04069496
+0.06%
-0.00%
-0.69%
$ 2.73M
$ 9.89K
33
Hatom
Hatom
HTM
$ 0.0205698
+0.01%
+0.03%
+28.34%
$ 1.67M
$ 6.16K
34
DefiTuna
DefiTuna
TUNA
$ 0.00513674
-1.47%
+0.89%
+221.09%
$ 1.45M
$ 5.55K
35
TrueFi
TrueFi
TRU
$ 0.00099012
-0.44%
+0.01%
-4.37%
$ 1.24M
$ 7.15K
36
Seamless Protocol
Seamless Protocol
SEAM
$ 0.02105383
0.00%
+0.19%
+223.70%
$ 856.60K
$ 2.86K
37
Scallop
Scallop
SCA
$ 0.00394134
+0.54%
-0.01%
+11.35%
$ 643.08K
$ 254.29K
38
Nostra
Nostra
NSTR
$ 0.00630682
+0.54%
+0.05%
+15.42%
$ 630.89K
$ 281.37
39
Radiant Capital
Radiant Capital
RDNT
$ 0.00043707
+0.03%
-0.01%
+9.84%
$ 628.06K
$ 45.32K
40
MEZO
MEZO
MEZO
$ 0.007155
+0.11%
-1.83%
+1.19%
$ 619.12K
$ 7.96M
41
Reservoir
Reservoir
DAM
$ 0.00175021
0.00%
-0.26%
-23.58%
$ 468.26K
$ 46.09
42
Notional Finance
Notional Finance
NOTE
$ 0.0070719
+0.57%
--
+31.09%
$ 438.35K
$ 356.14
43
Celsius Network
Celsius Network
CEL
$ 0.01163345
+0.35%
-0.01%
+9.37%
$ 415.63K
$ 587.13
44
LO0P
LO0P
LO0P
$ 0.389531
+0.73%
+0.17%
+34.91%
$ 389.49K
$ 53.60K
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%
+0.17%
+80.62%
$ 210.34K
--
47
Pixie Dust
Pixie Dust
DUST
$ 0.04533508
+0.06%
+0.02%
-10.13%
$ 121.24K
$ 2.09K
48
Alpaca Finance
Alpaca Finance
ALPACA
$ 0.00079151
+0.21%
-0.01%
+22.95%
$ 120.06K
$ 1.48K
49
dForce
dForce
DF
$ 0.00010055
+0.33%
--
+6.37%
$ 100.57K
$ 52.38
50
Pike Finance
Pike Finance
P
$ 0.00037191
0.00%
-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.