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
$ 97.56
-0.14%
+0.08%
+2.00%
$ 1.50B
$ 3.56K
2
MORPHO
MORPHO
MORPHO
$ 2.0033
-0.09%
-0.43%
+2.07%
$ 1.01B
$ 33.44K
3
Olympus
Olympus
OHM
$ 18.51
-0.05%
-0.00%
-1.12%
$ 276.75M
$ 150.62K
4
Maple Finance
Maple Finance
SYRUP
$ 0.1625
-0.07%
-5.47%
-8.36%
$ 192.15M
$ 434.46K
5
Compound
Compound
COMP
$ 16.62
-0.54%
+1.97%
-4.05%
$ 165.70M
$ 3.38K
6
Kamino
Kamino
KMNO
$ 0.01803
+0.44%
-1.84%
+3.25%
$ 87.68M
$ 3.25M
7
Quantix Finance
Quantix Finance
QFI
$ 59.123
-0.04%
+0.67%
+1.38%
$ 59.12M
$ 6.59K
8
Venus
Venus
XVS
$ 2.8301
-0.40%
-0.30%
-4.37%
$ 45.82M
$ 30.97K
9
Spark
Spark
SPK
$ 0.01577
+0.44%
+1.34%
-10.70%
$ 44.37M
$ 3.48M
10
Euler Finance
Euler Finance
EUL
$ 1.536
+2.94%
-8.56%
+57.01%
$ 37.16M
$ 165.32K
11
Zest Protocol
Zest Protocol
ZEST
$ 0.25076
+0.28%
+2.72%
+0.95%
$ 36.65M
$ 390.81K
12
Dogelon Mars
Dogelon Mars
ELON
$ 0.00000002954
0.00%
-3.21%
-8.26%
$ 29.50M
$ 3.21T
13
deBridge
deBridge
DBR
$ 0.01425
+0.35%
+0.85%
-4.76%
$ 27.37M
$ 3.70M
14
CoinDepo
CoinDepo
COINDEPO
$ 0.1012
0.00%
+2.76%
+5.16%
$ 25.26M
$ 1.26M
15
Lista DAO
Lista DAO
LISTA
$ 0.04742
0.00%
+2.14%
-1.40%
$ 19.32M
$ 1.23M
16
Yei Finance
Yei Finance
CLO
$ 0.1258
-0.06%
+3.49%
+2.65%
$ 16.02M
$ 1.40M
17
Moonwell
Moonwell
WELL
$ 0.00301175
+0.80%
-0.02%
-7.51%
$ 13.64M
$ 1.06M
18
EVAA Protocol
EVAA Protocol
EVAA
$ 0.7124
-0.74%
-5.56%
-23.97%
$ 12.86M
$ 320.62K
19
Dolomite
Dolomite
DOLO
$ 0.02086
-0.75%
+1.64%
-5.01%
$ 9.29M
$ 3.03M
20
Wise
Wise
WISE
$ 0.10426
-0.66%
0.00%
+2.15%
$ 9.02M
$ 1.40K
21
BENQI
BENQI
QI
$ 0.00120385
-0.59%
+0.01%
+8.18%
$ 8.67M
$ 1.67M
22
Abelian
Abelian
ABEL
$ 0.06801
-0.07%
+2.14%
-15.87%
$ 8.20M
$ 222.47K
23
Xauras
Xauras
XRS
$ 0.02976378
0.00%
0.00%
-0.06%
$ 6.65M
$ 16.35K
24
NAVI Protocol
NAVI Protocol
NAVX
$ 0.008028
-0.05%
-1.11%
-6.59%
$ 6.54M
$ 6.67M
25
HyperLend
HyperLend
HPL
$ 0.01226095
+0.04%
-0.01%
-4.52%
$ 4.89M
$ 97.33K
26
Gearbox
Gearbox
GEAR
$ 0.00038523
-0.05%
-0.04%
-5.20%
$ 3.85M
$ 8.10K
27
Suilend
Suilend
SEND
$ 0.051387
0.00%
0.00%
+0.38%
$ 3.76M
$ 457.52
28
Liqwid Finance
Liqwid Finance
LQ
$ 0.164484
+0.24%
+0.01%
+0.38%
$ 3.34M
$ 260.87
29
Avalon
Avalon
AVL
$ 0.01879
+3.23%
+3.63%
-9.07%
$ 3.05M
$ 3.37M
30
Goldfinch
Goldfinch
GFI
$ 0.03383
+3.03%
+1.87%
-24.12%
$ 2.95M
$ 1.75M
31
Blend
Blend
BLND
$ 0.04216887
-0.01%
+0.01%
+72.15%
$ 1.49M
$ 482.27
32
Scallop
Scallop
SCA
$ 0.0081
0.00%
-1.22%
-6.90%
$ 1.30M
$ 14.59K
33
Hatom
Hatom
HTM
$ 0.01550324
+0.64%
-0.00%
+1.98%
$ 1.26M
$ 1.86K
34
Reservoir
Reservoir
DAM
$ 0.00426483
-0.25%
-0.12%
+51.71%
$ 1.10M
$ 12.65K
35
TrueFi
TrueFi
TRU
$ 0.00078967
+0.14%
-0.01%
-18.48%
$ 992.63K
$ 6.39K
36
LO0P
LO0P
LO0P
$ 0.797218
-3.98%
+2.83%
+294.02%
$ 797.54K
$ 333.85K
37
MEZO
MEZO
MEZO
$ 0.009157
-0.10%
-3.74%
-9.09%
$ 787.23K
$ 6.02M
38
Radiant Capital
Radiant Capital
RDNT
$ 0.00051498
+1.13%
-0.05%
-10.40%
$ 740.06K
$ 161.47K
39
Seamless Protocol
Seamless Protocol
SEAM
$ 0.01674486
-0.05%
-0.02%
-63.29%
$ 681.05K
$ 189.94
40
Nostra
Nostra
NSTR
$ 0.00557429
-0.01%
+0.00%
+0.48%
$ 557.43K
$ 31.39
41
Celsius Network
Celsius Network
CEL
$ 0.01134715
-0.22%
+0.03%
-0.71%
$ 405.30K
$ 646.50
42
Silo Finance
Silo Finance
SILO
$ 0.00061787
0.00%
--
0.00%
$ 378.27K
$ 9.18
43
DefiTuna
DefiTuna
TUNA
$ 0.00123954
0.00%
+0.02%
+10.13%
$ 348.92K
$ 80.92
44
Notional Finance
Notional Finance
NOTE
$ 0.00569172
0.00%
0.00%
-5.60%
$ 267.67K
$ 1.08K
45
dForce
dForce
DF
$ 0.00013952
0.00%
-0.01%
+29.01%
$ 139.51K
$ 237.71
46
Pixie Dust
Pixie Dust
DUST
$ 0.04287022
-0.19%
-0.06%
-15.86%
$ 123.13K
$ 2.97K
47
Neptune
Neptune
NEPT
$ 0.02962012
-0.01%
+0.01%
-5.11%
$ 115.32K
$ 28.51
48
BendDAO
BendDAO
BEND
$ 2.727E-5
0.00%
0.00%
-2.78%
$ 112.33K
--
49
Paystream
Paystream
PAYS
$ 0.03036716
0.00%
0.00%
-12.51%
$ 97.28K
$ 0.29
50
Pike Finance
Pike Finance
P
$ 0.0003798
+0.01%
-0.00%
-0.72%
$ 87.38K
$ 51.50

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.