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
$ 128.66
-1.46%
-5.51%
+37.55%
$ 1.98B
$ 4.40K
2
MORPHO
MORPHO
MORPHO
$ 2.5395
-0.83%
-6.16%
+18.30%
$ 1.28B
$ 56.54K
3
Olympus
Olympus
OHM
$ 18.2
+0.61%
-0.01%
+0.78%
$ 271.90M
$ 448.75K
4
Maple Finance
Maple Finance
SYRUP
$ 0.1957
-1.04%
-4.21%
+16.80%
$ 232.23M
$ 370.99K
5
Compound
Compound
COMP
$ 19.66
-0.31%
-2.89%
+7.49%
$ 195.10M
$ 3.18K
6
Kamino
Kamino
KMNO
$ 0.02773
+1.72%
+11.41%
+44.53%
$ 134.14M
$ 2.64M
7
Spark
Spark
SPK
$ 0.01863
-0.58%
-6.52%
+35.67%
$ 57.95M
$ 4.77M
8
Venus
Venus
XVS
$ 3.0585
-0.27%
-2.90%
+8.15%
$ 49.89M
$ 17.47K
9
Dogelon Mars
Dogelon Mars
ELON
$ 0.00000003509
-0.20%
-1.24%
+18.93%
$ 34.95M
$ 2.56T
10
Euler Finance
Euler Finance
EUL
$ 1.4125
-0.40%
+2.79%
+12.19%
$ 33.42M
$ 76.53K
11
Lista DAO
Lista DAO
LISTA
$ 0.06901
-1.56%
-3.76%
+7.40%
$ 28.08M
$ 897.11K
12
CoinDepo
CoinDepo
COINDEPO
$ 0.11191
+0.42%
-1.32%
-1.02%
$ 28.00M
$ 3.41M
13
deBridge
deBridge
DBR
$ 0.01452
-0.48%
-3.27%
-11.55%
$ 27.87M
$ 3.51M
14
Zest Protocol
Zest Protocol
ZEST
$ 0.14
+0.30%
+0.22%
+3.61%
$ 20.43M
$ 791.82K
15
Quantix Finance
Quantix Finance
QFI
$ 20.357
-1.71%
+98.97%
-59.33%
$ 20.36M
$ 5.31K
16
Moonwell
Moonwell
WELL
$ 0.00369367
-0.02%
-0.01%
+27.59%
$ 16.73M
$ 90.65K
17
EVAA Protocol
EVAA Protocol
EVAA
$ 0.7522
+2.00%
+2.32%
-3.80%
$ 13.38M
$ 264.70K
18
Wise
Wise
WISE
$ 0.134246
+0.28%
-0.01%
+18.68%
$ 11.68M
$ 4.51K
19
Yei Finance
Yei Finance
CLO
$ 0.08251
+0.02%
-3.68%
-34.53%
$ 10.71M
$ 2.84M
20
Dolomite
Dolomite
DOLO
$ 0.02405
-0.13%
-2.50%
+3.17%
$ 10.51M
$ 2.52M
21
BENQI
BENQI
BENQI
$ 0.001314
-1.13%
-2.24%
+0.31%
$ 9.44M
$ 40.32M
22
Grove
Grove
GROVE
$ 0.01034017
+1.49%
+0.29%
+33.67%
$ 7.10M
$ 876.96K
23
Avalon
Avalon
AVL
$ 0.01804452
+0.04%
-0.00%
+15.15%
$ 7.01M
$ 1.42M
24
Abelian
Abelian
ABEL
$ 0.05864
-0.19%
-0.27%
-1.23%
$ 6.89M
$ 331.84K
25
Xauras
Xauras
XRS
$ 0.02979999
0.00%
0.00%
+0.03%
$ 6.66M
$ 12.92K
26
NAVI Protocol
NAVI Protocol
NAVX
$ 0.007808
+0.06%
+0.24%
+7.17%
$ 6.37M
$ 6.76M
27
Liqwid Finance
Liqwid Finance
LQ
$ 0.238907
+0.82%
-0.02%
+32.64%
$ 4.85M
$ 1.37K
28
Gearbox
Gearbox
GEAR
$ 0.00039794
+0.84%
+0.03%
+17.56%
$ 3.98M
$ 7.03K
29
Suilend
Suilend
SEND
$ 0.04956125
-0.83%
-0.02%
-2.94%
$ 3.69M
$ 704.12
30
HyperLend
HyperLend
HPL
$ 0.01992333
+0.13%
+0.03%
+94.93%
$ 3.13M
$ 219.15K
31
Goldfinch
Goldfinch
GFI
$ 0.03338
+0.57%
+0.24%
+15.22%
$ 2.93M
$ 1.84M
32
DefiTuna
DefiTuna
TUNA
$ 0.00942726
+4.41%
+0.81%
+487.60%
$ 2.65M
$ 25.84K
33
Hatom
Hatom
HTM
$ 0.02024606
0.00%
-0.03%
+24.73%
$ 1.65M
$ 8.82K
34
TrueFi
TrueFi
TRU
$ 0.00098988
-1.39%
-0.00%
-9.46%
$ 1.24M
$ 12.67K
35
Seamless Protocol
Seamless Protocol
SEAM
$ 0.02039655
+0.09%
-0.02%
+104.45%
$ 829.85K
$ 450.04
36
Scallop
Scallop
SCA
$ 0.00395264
-0.09%
+0.01%
-6.53%
$ 645.21K
$ 311.02K
37
Reservoir
Reservoir
DAM
$ 0.00235823
+0.91%
+0.22%
+2.94%
$ 630.93K
$ 706.64
38
MEZO
MEZO
MEZO
$ 0.007279
+0.41%
+2.09%
+4.96%
$ 630.04K
$ 8.08M
39
Nostra
Nostra
NSTR
$ 0.0062294
+0.61%
-0.02%
+5.92%
$ 623.26K
$ 395.46
40
Radiant Capital
Radiant Capital
RDNT
$ 0.00040755
-0.13%
-0.04%
-12.20%
$ 585.61K
$ 51.89K
41
Celsius Network
Celsius Network
CEL
$ 0.0119242
+0.29%
+0.01%
+6.91%
$ 425.95K
$ 663.06
42
Notional Finance
Notional Finance
NOTE
$ 0.00653763
0.00%
--
+21.19%
$ 405.23K
$ 35.38
43
Silo Finance
Silo Finance
SILO
$ 0.00061742
0.00%
--
0.00%
$ 377.99K
$ 9.10
44
LO0P
LO0P
LO0P
$ 0.372192
+0.72%
-0.07%
+27.21%
$ 372.19K
$ 5.70K
45
BendDAO
BendDAO
BEND
$ 5.221E-5
0.00%
0.00%
+72.03%
$ 215.22K
--
46
Blend
Blend
BLND
$ 0.00315554
+8.27%
-0.92%
-92.36%
$ 211.87K
$ 7.53M
47
Alpaca Finance
Alpaca Finance
ALPACA
$ 0.00078776
+0.56%
-0.02%
+18.49%
$ 119.46K
$ 1.01K
48
Pixie Dust
Pixie Dust
DUST
$ 0.04391529
0.00%
-0.03%
-5.01%
$ 118.19K
$ 4.53K
49
dForce
dForce
DF
$ 0.00010161
+0.72%
-0.01%
-2.71%
$ 101.61K
$ 4.93
50
Pike Finance
Pike Finance
P
$ 0.00036995
0.00%
0.00%
-1.47%
$ 85.12K
$ 9.87

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.