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
$ 154.74
+0.32%
+1.41%
+13.85%
$ 2.40B
$ 2.34K
2
MORPHO
MORPHO
MORPHO
$ 2.7511
-0.20%
+1.73%
+2.83%
$ 1.46B
$ 56.71K
3
Olympus
Olympus
OHM
$ 20.23
-0.15%
-0.00%
+0.30%
$ 301.81M
$ 73.70K
4
Kamino
Kamino
KMNO
$ 0.04846
-2.82%
+18.96%
+57.64%
$ 280.42M
$ 1.97M
5
Maple Finance
Maple Finance
SYRUP
$ 0.2272
-0.48%
+4.24%
+4.80%
$ 273.27M
$ 386.48K
6
Compound
Compound
COMP
$ 24.51
+0.24%
+4.06%
+14.56%
$ 246.30M
$ 3.06K
7
Spark
Spark
SPK
$ 0.02555
+0.80%
+0.93%
+17.90%
$ 77.38M
$ 3.77M
8
Venus
Venus
XVS
$ 3.3827
+0.18%
+2.35%
+7.28%
$ 55.66M
$ 17.05K
9
deBridge
deBridge
DBR
$ 0.02435
+0.64%
+2.12%
+49.02%
$ 45.52M
$ 2.48M
10
Lista DAO
Lista DAO
LISTA
$ 0.08836
-0.26%
+3.41%
+7.14%
$ 41.03M
$ 646.92K
11
Euler Finance
Euler Finance
EUL
$ 1.5116
+0.01%
+5.42%
+9.20%
$ 36.43M
$ 57.97K
12
Teller
Teller
DEBIT
$ 2.0
0.00%
-0.04%
-9.50%
$ 34.39M
$ 27.31M
13
Dogelon Mars
Dogelon Mars
ELON
$ 0.00000003312
-0.03%
-0.12%
+1.53%
$ 33.12M
$ 2.60T
14
CoinDepo
CoinDepo
COINDEPO
$ 0.10804
+0.03%
+0.06%
+2.23%
$ 27.03M
$ 3.65M
15
Zest Protocol
Zest Protocol
ZEST
$ 0.17696
+0.36%
+0.97%
+22.24%
$ 25.84M
$ 542.56K
16
BENQI
BENQI
BENQI
$ 0.003074
+0.75%
-21.88%
+104.51%
$ 21.23M
$ 55.63M
17
Quantix Finance
Quantix Finance
QFI
$ 19.117
-0.22%
+0.75%
+0.95%
$ 19.17M
$ 7.75K
18
Dolomite
Dolomite
DOLO
$ 0.03201
+0.28%
+3.64%
+22.67%
$ 14.10M
$ 1.95M
19
Wise
Wise
WISE
$ 0.145364
+0.03%
-0.00%
+2.19%
$ 12.65M
$ 4.66K
20
EVAA Protocol
EVAA Protocol
EVAA
$ 0.6882
+0.23%
-5.18%
+6.14%
$ 12.45M
$ 151.05K
21
Avalon
Avalon
AVL
$ 0.02557607
+0.22%
+0.03%
+20.95%
$ 10.42M
$ 338.84K
22
Moonwell
Moonwell
WELL
$ 0.00228901
+5.53%
+0.10%
+19.37%
$ 10.37M
$ 162.69K
23
NAVI Protocol
NAVI Protocol
NAVX
$ 0.011668
-0.54%
-3.17%
+13.64%
$ 9.51M
$ 5.13M
24
Yei Finance
Yei Finance
CLO
$ 0.06382
+0.33%
+13.82%
-8.14%
$ 8.26M
$ 3.86M
25
Gearbox
Gearbox
GEAR
$ 0.00082227
-0.04%
-0.00%
+110.87%
$ 8.22M
$ 50.69K
26
Liqwid Finance
Liqwid Finance
LQ
$ 0.392524
-0.40%
+0.02%
+33.83%
$ 7.98M
$ 4.30K
27
Abelian
Abelian
ABEL
$ 0.06366
+0.03%
+2.83%
-0.14%
$ 7.79M
$ 223.55K
28
Xauras
Xauras
XRS
$ 0.02980026
+0.01%
0.00%
+0.01%
$ 6.66M
$ 13.78K
29
Grove
Grove
GROVE
$ 0.00782615
+0.03%
+0.01%
+3.42%
$ 6.11M
$ 123.35K
30
HyperLend
HyperLend
HPL
$ 0.01287109
0.00%
-0.00%
+18.24%
$ 5.07M
$ 6.41K
31
Suilend
Suilend
SEND
$ 0.058816
+0.25%
-0.08%
-4.44%
$ 4.44M
$ 4.61K
32
Goldfinch
Goldfinch
GFI
$ 0.04421113
-0.98%
-0.01%
+41.40%
$ 4.21M
$ 236.33K
33
Hatom
Hatom
HTM
$ 0.03435259
-3.13%
-0.00%
+7.96%
$ 3.18M
$ 4.75K
34
NetNet
NetNet
NET
$ 551.58
+1.58%
-0.10%
-20.85%
$ 2.66M
$ 3.19M
35
MEZO
MEZO
MEZO
$ 0.00420894
+0.30%
-0.07%
-12.28%
$ 2.10M
$ 180.02K
36
TrueFi
TrueFi
TRU
$ 0.00082617
+0.01%
+0.01%
-1.22%
$ 1.04M
$ 2.43K
37
Scallop
Scallop
SCA
$ 0.00516417
-0.01%
+0.04%
+8.82%
$ 845.41K
$ 66.63K
38
DefiTuna
DefiTuna
TUNA
$ 0.00293188
0.00%
-0.04%
+0.98%
$ 825.31K
$ 199.83
39
Radiant Capital
Radiant Capital
RDNT
$ 0.00049798
+8.84%
+0.13%
+4.47%
$ 715.56K
$ 55.65K
40
Reservoir
Reservoir
DAM
$ 0.0021166
0.00%
-0.01%
+14.96%
$ 587.45K
$ 1.67K
41
Nostra
Nostra
NSTR
$ 0.00530953
0.00%
0.00%
-0.40%
$ 530.95K
$ 146.85
42
Seamless Protocol
Seamless Protocol
SEAM
$ 0.01239581
0.00%
+0.01%
+4.73%
$ 504.34K
$ 118.53
43
Notional Finance
Notional Finance
NOTE
$ 0.00636567
0.00%
--
+4.73%
$ 394.57K
$ 1.03
44
Silo Finance
Silo Finance
SILO
$ 0.00061742
0.00%
--
0.00%
$ 377.99K
$ 9.10
45
Blend
Blend
BLND
$ 0.00494223
-1.19%
-0.15%
-9.72%
$ 331.83K
$ 5.37K
46
LO0P
LO0P
LO0P
$ 0.32463
-0.06%
-0.00%
-6.84%
$ 324.63K
$ 171.57
47
Celsius Network
Celsius Network
CEL
$ 0.00621257
-0.07%
+0.02%
-14.11%
$ 221.91K
$ 152.34
48
BendDAO
BendDAO
BEND
$ 3.874E-5
0.00%
0.00%
+1.47%
$ 159.74K
--
49
Alpaca Finance
Alpaca Finance
ALPACA
$ 0.0007721
-0.04%
+0.02%
-2.64%
$ 117.10K
$ 286.08
50
dForce
dForce
DF
$ 0.00010351
-0.08%
+0.01%
+3.06%
$ 103.50K
$ 10.85

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.