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
$ 95.59
-0.29%
-1.41%
+9.09%
$ 1.48B
$ 1.65K
2
MORPHO
MORPHO
MORPHO
$ 1.9681
-0.29%
+0.14%
+0.58%
$ 986.83M
$ 49.56K
3
Olympus
Olympus
OHM
$ 18.67
+0.05%
+0.00%
+0.70%
$ 278.99M
$ 109.16K
4
Maple Finance
Maple Finance
SYRUP
$ 0.17649
-0.74%
-1.58%
-1.32%
$ 210.26M
$ 345.91K
5
Compound
Compound
COMP
$ 17.27
-0.40%
-1.48%
+0.52%
$ 172.50M
$ 3.34K
6
Kamino
Kamino
KMNO
$ 0.01753
+0.34%
-3.45%
-4.60%
$ 85.36M
$ 3.16M
7
Quantix Finance
Quantix Finance
QFI
$ 58.403
-0.08%
-0.83%
-8.78%
$ 58.38M
$ 5.46K
8
Spark
Spark
SPK
$ 0.01775
+0.51%
+1.91%
+1.44%
$ 49.19M
$ 2.93M
9
Venus
Venus
XVS
$ 2.92
+0.22%
+2.93%
+4.83%
$ 47.92M
$ 32.71K
10
Zest Protocol
Zest Protocol
ZEST
$ 0.24711
-0.44%
+5.48%
+12.87%
$ 36.17M
$ 310.42K
11
Dogelon Mars
Dogelon Mars
ELON
$ 0.00000003215
+0.03%
-2.01%
-1.20%
$ 32.09M
$ 2.43T
12
deBridge
deBridge
DBR
$ 0.01497
-0.34%
-2.30%
-12.71%
$ 28.56M
$ 3.57M
13
CoinDepo
CoinDepo
COINDEPO
$ 0.09568
+0.01%
+3.34%
+13.45%
$ 23.99M
$ 3.54M
14
Euler Finance
Euler Finance
EUL
$ 0.9966
+0.06%
-0.84%
+4.30%
$ 23.88M
$ 60.27K
15
Lista DAO
Lista DAO
LISTA
$ 0.04848
-1.54%
-4.46%
+5.95%
$ 19.81M
$ 1.33M
16
EVAA Protocol
EVAA Protocol
EVAA
$ 0.9307
+3.85%
+13.73%
+14.98%
$ 17.35M
$ 557.02K
17
Yei Finance
Yei Finance
CLO
$ 0.12169
+1.22%
-3.75%
-25.32%
$ 15.87M
$ 1.72M
18
Moonwell
Moonwell
WELL
$ 0.00326237
-1.65%
-0.04%
-6.40%
$ 14.78M
$ 1.93M
19
Dolomite
Dolomite
DOLO
$ 0.02224
+0.72%
-0.13%
+4.78%
$ 9.87M
$ 2.74M
20
Abelian
Abelian
ABEL
$ 0.08307
-0.13%
-0.55%
-0.61%
$ 9.79M
$ 147.90K
21
Wise
Wise
WISE
$ 0.10243
-0.19%
-0.02%
+6.27%
$ 8.86M
$ 1.58K
22
BENQI
BENQI
QI
$ 0.00111449
-0.36%
-0.02%
+0.50%
$ 8.02M
$ 660.05K
23
NAVI Protocol
NAVI Protocol
NAVX
$ 0.008708
+0.15%
-2.33%
+21.60%
$ 7.12M
$ 6.43M
24
Xauras
Xauras
XRS
$ 0.02978428
-0.01%
0.00%
0.00%
$ 6.66M
$ 16.73K
25
HyperLend
HyperLend
HPL
$ 0.01283328
+1.21%
+0.02%
-5.00%
$ 4.99M
$ 40.86K
26
Goldfinch
Goldfinch
GFI
$ 0.04553
+7.67%
+29.83%
+16.31%
$ 4.22M
$ 1.47M
27
Gearbox
Gearbox
GEAR
$ 0.00040763
-0.10%
-0.00%
-6.59%
$ 4.08M
$ 2.10K
28
Suilend
Suilend
SEND
$ 0.050459
-0.42%
-0.17%
-0.73%
$ 3.67M
$ 30.46K
29
Liqwid Finance
Liqwid Finance
LQ
$ 0.16649
-0.30%
-0.06%
-12.57%
$ 3.38M
$ 2.36K
30
Avalon
Avalon
AVL
$ 0.02078
0.00%
-2.90%
-4.29%
$ 3.36M
$ 2.62M
31
Seamless Protocol
Seamless Protocol
SEAM
$ 0.04567962
+0.03%
+0.01%
+6.77%
$ 1.86M
$ 1.26K
32
Blend
Blend
BLND
$ 0.04044628
-0.01%
+0.00%
+3.00%
$ 1.43M
$ 206.15
33
Scallop
Scallop
SCA
$ 0.0087
0.00%
-1.14%
-1.14%
$ 1.40M
$ 94.13K
34
Hatom
Hatom
HTM
$ 0.01533606
-0.85%
-0.01%
-1.55%
$ 1.24M
$ 3.27K
35
TrueFi
TrueFi
TRU
$ 0.00093172
+0.38%
-0.19%
+64.23%
$ 1.17M
$ 156.05K
36
MEZO
MEZO
MEZO
$ 0.01009
-0.79%
-1.27%
-7.78%
$ 865.91K
$ 5.43M
37
Radiant Capital
Radiant Capital
RDNT
$ 0.00055248
-1.91%
-0.02%
-1.28%
$ 793.92K
$ 305.38K
38
Reservoir
Reservoir
DAM
$ 0.00279796
0.00%
-0.13%
-27.70%
$ 706.61K
$ 89.87
39
Nostra
Nostra
NSTR
$ 0.00554819
-0.58%
-0.02%
-1.09%
$ 554.82K
$ 582.12
40
Celsius Network
Celsius Network
CEL
$ 0.01147856
-0.07%
+0.01%
+2.20%
$ 409.99K
$ 1.05K
41
Silo Finance
Silo Finance
SILO
$ 0.00061787
0.00%
--
0.00%
$ 378.27K
$ 9.18
42
DefiTuna
DefiTuna
TUNA
$ 0.00112354
-1.56%
+0.15%
-20.35%
$ 316.28K
$ 410.74
43
dForce
dForce
DF
$ 0.00031303
0.00%
--
+3.61%
$ 313.01K
$ 10.24
44
Notional Finance
Notional Finance
NOTE
$ 0.00602946
0.00%
--
-7.11%
$ 283.55K
$ 0.43
45
LO0P
LO0P
LO0P
$ 0.202329
0.00%
-0.03%
-0.14%
$ 202.33K
$ 159.61
46
Pixie Dust
Pixie Dust
DUST
$ 0.050898
-0.19%
-0.01%
-6.49%
$ 125.36K
$ 3.90K
47
Neptune
Neptune
NEPT
$ 0.03121603
0.00%
0.00%
-7.18%
$ 121.45K
$ 58.87
48
BendDAO
BendDAO
BEND
$ 2.813E-5
-0.07%
+0.11%
+7.45%
$ 115.85K
--
49
Paystream
Paystream
PAYS
$ 0.03470863
0.00%
--
-4.20%
$ 111.19K
$ 0.37
50
Pike Finance
Pike Finance
P
$ 0.00038255
0.00%
-0.00%
-0.30%
$ 88.02K
$ 23.49

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.