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
$ 95.57
+0.50%
-2.61%
+6.56%
$ 1.47B
$ 1.90K
2
MORPHO
MORPHO
MORPHO
$ 1.9713
+0.88%
+0.55%
-0.42%
$ 983.06M
$ 50.69K
3
Olympus
Olympus
OHM
$ 18.58
+0.22%
+0.01%
-0.27%
$ 277.25M
$ 101.36K
4
Maple Finance
Maple Finance
SYRUP
$ 0.17978
+0.72%
-0.48%
-2.19%
$ 212.63M
$ 332.99K
5
Compound
Compound
COMP
$ 17.54
+0.35%
+1.10%
+2.35%
$ 174.20M
$ 3.26K
6
Kamino
Kamino
KMNO
$ 0.01763
+0.92%
-3.46%
-2.33%
$ 85.07M
$ 3.15M
7
Quantix Finance
Quantix Finance
QFI
$ 58.908
+0.22%
+0.50%
-7.94%
$ 58.88M
$ 5.24K
8
Spark
Spark
SPK
$ 0.01714
+0.18%
-2.00%
+2.76%
$ 47.93M
$ 2.92M
9
Venus
Venus
XVS
$ 2.8331
+0.12%
+1.29%
+0.93%
$ 46.20M
$ 20.27K
10
Zest Protocol
Zest Protocol
ZEST
$ 0.25025
+0.52%
+9.59%
+14.40%
$ 36.12M
$ 315.89K
11
Dogelon Mars
Dogelon Mars
ELON
$ 0.00000003196
+0.09%
-3.07%
-1.88%
$ 31.82M
$ 2.50T
12
deBridge
deBridge
DBR
$ 0.01491
+0.74%
-2.53%
-11.76%
$ 28.89M
$ 3.74M
13
CoinDepo
CoinDepo
COINDEPO
$ 0.09646
+0.34%
+4.44%
+14.64%
$ 24.19M
$ 3.33M
14
Euler Finance
Euler Finance
EUL
$ 1.0016
+0.07%
+0.77%
+2.42%
$ 23.76M
$ 64.68K
15
Lista DAO
Lista DAO
LISTA
$ 0.04884
+0.81%
-5.92%
+4.68%
$ 19.83M
$ 1.55M
16
Yei Finance
Yei Finance
CLO
$ 0.1199
+4.07%
+9.86%
-31.89%
$ 15.62M
$ 2.06M
17
EVAA Protocol
EVAA Protocol
EVAA
$ 0.8551
-0.86%
-0.62%
-0.80%
$ 15.35M
$ 420.36K
18
Moonwell
Moonwell
WELL
$ 0.00328453
-0.49%
-0.01%
-5.07%
$ 14.88M
$ 1.71M
19
Abelian
Abelian
ABEL
$ 0.08299
+0.07%
-1.96%
-1.25%
$ 9.71M
$ 160.24K
20
Dolomite
Dolomite
DOLO
$ 0.02215
+0.92%
-2.23%
+2.10%
$ 9.67M
$ 2.80M
21
Wise
Wise
WISE
$ 0.101819
-0.37%
-0.03%
-3.29%
$ 8.81M
$ 604.91
22
BENQI
BENQI
QI
$ 0.00110118
+0.22%
-0.04%
-1.78%
$ 7.92M
$ 693.87K
23
NAVI Protocol
NAVI Protocol
NAVX
$ 0.008558
+0.09%
-4.22%
+20.06%
$ 7.01M
$ 6.36M
24
Xauras
Xauras
XRS
$ 0.02978328
0.00%
0.00%
0.00%
$ 6.66M
$ 16.73K
25
HyperLend
HyperLend
HPL
$ 0.01291066
+0.14%
+0.01%
-4.85%
$ 5.02M
$ 33.29K
26
Gearbox
Gearbox
GEAR
$ 0.0004055
+0.32%
-0.01%
-8.36%
$ 4.06M
$ 2.83K
27
Goldfinch
Goldfinch
GFI
$ 0.04387
-22.24%
+19.07%
+5.06%
$ 3.80M
$ 1.54M
28
Avalon
Avalon
AVL
$ 0.021
+0.14%
-2.18%
-4.14%
$ 3.40M
$ 2.65M
29
Liqwid Finance
Liqwid Finance
LQ
$ 0.165099
-0.18%
-0.07%
-13.41%
$ 3.35M
$ 2.55K
30
Seamless Protocol
Seamless Protocol
SEAM
$ 0.04567684
+0.03%
+0.00%
+6.75%
$ 1.86M
$ 1.18K
31
Blend
Blend
BLND
$ 0.04007619
0.00%
+0.01%
+2.83%
$ 1.41M
$ 2.69K
32
Scallop
Scallop
SCA
$ 0.0084
0.00%
-4.55%
-4.55%
$ 1.35M
$ 116.14K
33
Hatom
Hatom
HTM
$ 0.01507263
+0.30%
-0.03%
-3.39%
$ 1.22M
$ 2.23K
34
TrueFi
TrueFi
TRU
$ 0.00095135
-0.99%
-0.15%
+67.01%
$ 1.20M
$ 337.76K
35
MEZO
MEZO
MEZO
$ 0.01005
-0.78%
-1.55%
-3.32%
$ 876.23K
$ 5.26M
36
Radiant Capital
Radiant Capital
RDNT
$ 0.0005642
+2.57%
+0.01%
-4.74%
$ 812.05K
$ 334.39K
37
Reservoir
Reservoir
DAM
$ 0.00284295
0.00%
-0.17%
-25.62%
$ 717.97K
$ 174.15
38
Nostra
Nostra
NSTR
$ 0.00557294
+0.01%
-0.02%
-0.62%
$ 557.29K
$ 578.89
39
Celsius Network
Celsius Network
CEL
$ 0.01130617
-4.14%
-0.01%
+0.75%
$ 403.73K
$ 1.66K
40
Silo Finance
Silo Finance
SILO
$ 0.00061787
0.00%
--
0.00%
$ 378.27K
$ 9.18
41
DefiTuna
DefiTuna
TUNA
$ 0.00115021
+0.16%
-0.09%
-19.17%
$ 323.78K
$ 1.64K
42
dForce
dForce
DF
$ 0.00031303
0.00%
--
+3.76%
$ 313.01K
$ 10.24
43
Notional Finance
Notional Finance
NOTE
$ 0.00602946
0.00%
--
-6.99%
$ 283.55K
$ 0.43
44
LO0P
LO0P
LO0P
$ 0.202329
0.00%
-0.03%
-0.02%
$ 202.33K
$ 159.61
45
Pixie Dust
Pixie Dust
DUST
$ 0.05089
-0.03%
-0.00%
-7.59%
$ 125.34K
$ 8.39K
46
Neptune
Neptune
NEPT
$ 0.03121603
0.00%
-0.00%
-8.47%
$ 121.45K
$ 58.87
47
Paystream
Paystream
PAYS
$ 0.03470863
0.00%
--
-4.20%
$ 111.19K
$ 0.37
48
BendDAO
BendDAO
BEND
$ 2.618E-5
0.00%
0.00%
0.00%
$ 107.67K
--
49
Pike Finance
Pike Finance
P
$ 0.00038362
0.00%
--
-0.25%
$ 88.26K
$ 10.01
50
Alpaca Finance
Alpaca Finance
ALPACA
$ 0.00052962
+0.09%
0.00%
+2.38%
$ 80.33K
$ 2.34K

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.