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

AaveToken

AAVE

$ 123.87

-0.61%

-6.53%

-6.16%

$ 1.90B

$ 1.36K

MORPHO

$ 2.0233

+0.36%

-0.47%

-10.07%

$ 1.09B

$ 29.70K

Olympus

OHM

$ 16.69

-0.06%

-0.01%

-8.50%

$ 249.35M

$ 246.23K

Compound

COMP

$ 19.89

+0.10%

-1.14%

-2.21%

$ 199.40M

$ 6.68K

Kamino

KMNO

$ 0.03226

+0.75%

-3.23%

-12.34%

$ 192.38M

$ 1.65M

Maple Finance

SYRUP

$ 0.13748

-0.48%

+0.96%

-13.58%

$ 164.18M

$ 504.38K

Spark

SPK

$ 0.01595

+0.25%

+0.06%

-5.69%

$ 54.76M

$ 3.20M

Venus

XVS

$ 2.714

+0.08%

-1.42%

-6.47%

$ 44.63M

$ 21.04K

Lista DAO

LISTA

$ 0.07473

-0.20%

+2.10%

-3.43%

$ 35.37M

$ 763.58K

CoinDepo

COINDEPO

$ 0.1175

+1.00%

+2.68%

-2.09%

$ 29.45M

$ 2.91M

deBridge

DBR

$ 0.01294

-0.15%

+1.65%

-0.23%

$ 24.92M

$ 4.20M

Euler Finance

EUL

$ 0.8945

+1.97%

+0.64%

-16.09%

$ 22.58M

$ 60.44K

Dogelon Mars

ELON

$ 0.00000002191

+0.23%

-5.80%

-17.97%

$ 21.88M

$ 3.78T

EVAA Protocol

EVAA

$ 1.086

+0.62%

-3.95%

-29.48%

$ 19.31M

$ 90.08K

Zest Protocol

ZEST

$ 0.11956

+0.29%

-5.80%

-30.37%

$ 17.36M

$ 481.93K

Teller

DEBIT

$ 0.822811

-0.26%

-0.03%

-21.79%

$ 14.15M

$ 2.84M

BENQI

$ 0.001924

-0.94%

+9.86%

+1.18%

$ 13.64M

$ 34.40M

Yei Finance

CLO

$ 0.04419

+0.38%

+2.26%

-12.49%

$ 11.44M

$ 1.80M

Wise

WISE

$ 0.111645

-0.05%

-0.03%

-15.20%

$ 9.88M

$ 792.32

Abelian

ABEL

$ 0.07724

-0.18%

-4.96%

-40.42%

$ 9.62M

$ 453.39K

Dolomite

DOLO

$ 0.02094

+0.57%

+0.96%

-10.67%

$ 9.28M

$ 2.57M

Avalon

AVL

$ 0.01664985

+0.02%

-0.01%

-6.85%

$ 7.81M

$ 276.39K

Moonwell

WELL

$ 0.00154032

+0.11%

+0.01%

-20.41%

$ 6.98M

$ 152.87K

NAVI Protocol

NAVX

$ 0.008469

+0.14%

-6.75%

-16.60%

$ 6.95M

$ 6.20M

Grove

GROVE

$ 0.00724656

-0.45%

-0.03%

+0.25%

$ 6.84M

$ 430.42K

Xauras

XRS

$ 0.02977788

-0.01%

0.00%

-0.03%

$ 6.66M

$ 11.82K

Hatom

HTM

$ 0.04817437

+0.23%

0.00%

-6.23%

$ 4.76M

$ 6.24K

Gearbox

GEAR

$ 0.00042713

+0.07%

-0.04%

-19.93%

$ 4.27M

$ 690.24

Suilend

SEND

$ 0.05131

+0.14%

+0.03%

-0.50%

$ 3.87M

$ 318.62

Liqwid Finance

$ 0.175306

+0.20%

-0.04%

-18.07%

$ 3.56M

$ 13.19K

HyperLend

HPL

$ 0.00777533

-0.36%

+0.07%

-12.22%

$ 3.20M

$ 36.09K

Goldfinch

GFI

$ 0.02920818

+0.11%

-0.04%

-12.03%

$ 2.78M

$ 12.63K

MEZO

$ 0.00407051

+0.36%

-0.03%

-30.52%

$ 2.04M

$ 570.73K

Quantix Finance

QFI

$ 1.16

0.00%

-0.66%

+0.87%

$ 1.16M

$ 25.58

TrueFi

TRU

$ 0.00075524

-0.02%

-0.03%

-4.91%

$ 949.35K

$ 7.52K

Reservoir

DAM

$ 0.00303972

0.00%

+0.56%

+29.77%

$ 858.85K

$ 7.42K

Scallop

SCA

$ 0.00475914

+0.14%

+0.00%

-5.44%

$ 840.33K

$ 18.63K

NetNet

NET

$ 155.08

0.00%

+0.01%

-1.91%

$ 748.13K

$ 836.65K

Radiant Capital

RDNT

$ 0.00043566

-2.36%

-0.05%

-7.72%

$ 626.03K

$ 20.45K

Blend

BLND

$ 0.00766251

+0.42%

+0.01%

+3.67%

$ 514.47K

$ 7.56K

Nostra

NSTR

$ 0.00454261

-0.06%

-9.33%

$ 454.26K

$ 837.08

Seamless Protocol

SEAM

$ 0.0107447

0.00%

+0.01%

-0.41%

$ 437.16K

$ 63.16

Silo Finance

SILO

$ 0.00061742

0.00%

$ 377.99K

$ 9.10

Universal LayerBank Token

ULAB

$ 0.077609

-1.34%

+0.00%

+0.21%

$ 292.88K

$ 94.47K

DefiTuna

TUNA

$ 0.00094084

-0.05%

+0.15%

-43.16%

$ 264.85K

$ 171.65

Celsius Network

CEL

$ 0.00596112

+0.04%

-0.02%

-8.41%

$ 212.93K

$ 103.63

Notional Finance

NOTE

$ 0.00247731

0.00%

-6.90%

$ 153.55K

$ 29.72

LO0P

$ 0.106832

0.00%

-12.73%

$ 106.83K

$ 60.82

Alpaca Finance

ALPACA

$ 0.00056876

-0.02%

-0.01%

-4.26%

$ 106.06K

$ 62.70

dForce

$ 0.00010249

+0.07%

-0.03%

-12.44%

$ 102.48K

$ 1.48

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.

What is the primary utility of native tokens issued by lending and borrowing protocols?

How do flash loans differ from standard cryptocurrency borrowing practices?

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.

Top Lending & Borrowing Protocol Tokens by Market Capitalization

Tradable Crypto

Category

Lending/Borrowing Protocols

Smart Contract Platform

Layer 1 (L1)

Proof of Work (PoW)

Other Crypto

New Crypto

Frequently Asked Questions

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