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
$ 120.34
+4.73%
+19.10%
+35.07%
$ 1.80B
$ 6.91K
2
MORPHO
MORPHO
MORPHO
$ 2.3577
-0.11%
+0.62%
+18.50%
$ 1.17B
$ 79.32K
3
Olympus
Olympus
OHM
$ 18.83
+0.75%
+0.01%
+2.17%
$ 281.31M
$ 320.56K
4
Maple Finance
Maple Finance
SYRUP
$ 0.20307
+1.17%
+13.19%
+25.70%
$ 241.85M
$ 424.09K
5
Compound
Compound
COMP
$ 19.7
+0.62%
+3.98%
+20.10%
$ 196.00M
$ 4.22K
6
Kamino
Kamino
KMNO
$ 0.02636
+1.52%
+24.17%
+43.53%
$ 126.06M
$ 3.99M
7
Spark
Spark
SPK
$ 0.01769
+0.63%
+14.53%
+22.72%
$ 53.97M
$ 4.97M
8
Venus
Venus
XVS
$ 3.2183
+0.46%
+8.34%
+19.82%
$ 52.51M
$ 19.14K
9
Quantix Finance
Quantix Finance
QFI
$ 42.536
0.00%
+2.52%
-19.68%
$ 42.54M
$ 5.97K
10
Dogelon Mars
Dogelon Mars
ELON
$ 0.00000003551
+0.94%
+5.91%
+34.33%
$ 35.28M
$ 2.80T
11
Euler Finance
Euler Finance
EUL
$ 1.3597
-0.04%
+13.03%
+18.59%
$ 32.72M
$ 70.95K
12
Lista DAO
Lista DAO
LISTA
$ 0.0752
+0.42%
+0.35%
+30.22%
$ 30.52M
$ 880.83K
13
deBridge
deBridge
DBR
$ 0.01556
-0.13%
+0.65%
+3.26%
$ 29.91M
$ 3.52M
14
CoinDepo
CoinDepo
COINDEPO
$ 0.11357
-0.02%
-0.06%
+1.21%
$ 28.40M
$ 3.82M
15
Zest Protocol
Zest Protocol
ZEST
$ 0.14192
+0.29%
+0.26%
-4.51%
$ 20.47M
$ 731.22K
16
Moonwell
Moonwell
WELL
$ 0.00375543
-0.12%
+0.05%
+31.40%
$ 17.01M
$ 171.28K
17
Yei Finance
Yei Finance
CLO
$ 0.12058
+1.42%
+16.07%
+5.95%
$ 15.87M
$ 1.88M
18
EVAA Protocol
EVAA Protocol
EVAA
$ 0.7789
+0.01%
+0.35%
+3.60%
$ 13.92M
$ 139.41K
19
Dolomite
Dolomite
DOLO
$ 0.0274
+2.17%
+11.97%
+30.71%
$ 12.27M
$ 3.33M
20
Wise
Wise
WISE
$ 0.133406
+0.58%
+0.06%
+30.22%
$ 11.60M
$ 7.71K
21
BENQI
BENQI
BENQI
$ 0.001378
+0.73%
+7.60%
+3.70%
$ 9.89M
$ 44.31M
22
Abelian
Abelian
ABEL
$ 0.05999
+0.03%
-0.48%
-5.66%
$ 7.06M
$ 195.92K
23
Xauras
Xauras
XRS
$ 0.02979999
0.00%
0.00%
+0.06%
$ 6.66M
$ 15.23K
24
Avalon
Avalon
AVL
$ 0.01697973
-1.74%
+0.09%
+6.00%
$ 6.60M
$ 725.89K
25
NAVI Protocol
NAVI Protocol
NAVX
$ 0.00759
+0.04%
+3.95%
+7.50%
$ 6.16M
$ 7.35M
26
Grove
Grove
GROVE
$ 0.00791994
+0.13%
+0.05%
-1.32%
$ 5.26M
$ 253.19K
27
Liqwid Finance
Liqwid Finance
LQ
$ 0.231091
+1.42%
+0.13%
+30.26%
$ 4.69M
$ 2.18K
28
Suilend
Suilend
SEND
$ 0.054002
+0.35%
+0.05%
+8.23%
$ 4.01M
$ 1.03K
29
Gearbox
Gearbox
GEAR
$ 0.00040099
+0.97%
+0.05%
+25.12%
$ 4.01M
$ 6.38K
30
Goldfinch
Goldfinch
GFI
$ 0.03195
+0.72%
+2.20%
+6.98%
$ 2.81M
$ 1.86M
31
Blend
Blend
BLND
$ 0.04172919
+0.70%
+0.01%
+1.00%
$ 2.80M
$ 23.09K
32
HyperLend
HyperLend
HPL
$ 0.01584623
0.00%
+0.27%
+70.19%
$ 2.49M
$ 192.57K
33
Hatom
Hatom
HTM
$ 0.01891766
+0.17%
+0.11%
+21.86%
$ 1.53M
$ 4.32K
34
TrueFi
TrueFi
TRU
$ 0.00102099
+1.66%
+0.01%
+1.49%
$ 1.28M
$ 13.10K
35
Scallop
Scallop
SCA
$ 0.00426395
+0.10%
+0.11%
+1.17%
$ 695.76K
$ 351.31K
36
DefiTuna
DefiTuna
TUNA
$ 0.00246488
-0.03%
+0.32%
+67.06%
$ 693.86K
$ 2.98K
37
Nostra
Nostra
NSTR
$ 0.00639577
+1.78%
+0.06%
+18.28%
$ 639.16K
$ 383.13
38
Radiant Capital
Radiant Capital
RDNT
$ 0.00043719
+0.31%
+0.06%
+11.96%
$ 628.22K
$ 112.24K
39
MEZO
MEZO
MEZO
$ 0.006961
-0.43%
-1.50%
-5.29%
$ 598.57K
$ 8.61M
40
Reservoir
Reservoir
DAM
$ 0.00192816
+0.01%
-0.01%
-32.33%
$ 515.88K
$ 1.85K
41
Seamless Protocol
Seamless Protocol
SEAM
$ 0.0115451
+0.23%
+0.05%
-26.76%
$ 469.72K
$ 2.08K
42
Celsius Network
Celsius Network
CEL
$ 0.01203714
+0.09%
+0.05%
+9.99%
$ 429.95K
$ 4.45K
43
Silo Finance
Silo Finance
SILO
$ 0.00061742
0.00%
--
0.00%
$ 377.99K
$ 9.10
44
LO0P
LO0P
LO0P
$ 0.353217
+1.65%
+0.12%
+9.01%
$ 353.56K
$ 5.00K
45
Notional Finance
Notional Finance
NOTE
$ 0.00539468
0.00%
--
-1.74%
$ 334.39K
$ 6.80
46
BendDAO
BendDAO
BEND
$ 5.239E-5
+1.00%
+72.10%
+84.41%
$ 215.84K
--
47
Pixie Dust
Pixie Dust
DUST
$ 0.04551456
0.00%
-0.01%
-11.16%
$ 121.00K
$ 4.04K
48
Alpaca Finance
Alpaca Finance
ALPACA
$ 0.00076584
+0.35%
+0.04%
+21.11%
$ 116.13K
$ 3.11K
49
dForce
dForce
DF
$ 0.00010529
+0.90%
+0.02%
+8.26%
$ 105.28K
$ 77.02
50
Paystream
Paystream
PAYS
$ 0.02940222
0.00%
0.00%
-3.15%
$ 94.19K
$ 3.25

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.