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
$ 80.24
+0.56%
+9.20%
+4.32%
$ 1.22B
$ 9.72K
2
MORPHO
MORPHO
MORPHO
$ 1.7201
-0.06%
+5.14%
-12.21%
$ 860.47M
$ 61.29K
3
Olympus
Olympus
OHM
$ 16.11
+0.06%
-0.05%
+0.81%
$ 241.07M
$ 9.76K
4
Compound
Compound
COMP
$ 16.66
-0.30%
-2.13%
-6.38%
$ 165.58M
$ 3.75K
5
Maple Finance
Maple Finance
SYRUP
$ 0.12553
+0.18%
-6.37%
-8.63%
$ 148.51M
$ 545.95K
6
Kamino
Kamino
KMNO
$ 0.02078
-0.34%
+3.83%
+17.80%
$ 99.59M
$ 3.37M
7
Quantix Finance
Quantix Finance
QFI
$ 57.358
+0.32%
+4.48%
+6.19%
$ 57.61M
$ 7.34K
8
Spark
Spark
SPK
$ 0.01723
-0.29%
+0.23%
-4.92%
$ 48.15M
$ 3.28M
9
Venus
Venus
XVS
$ 2.599
-0.81%
-3.13%
-1.19%
$ 42.63M
$ 52.73K
10
Zest Protocol
Zest Protocol
ZEST
$ 0.27076
+0.93%
+1.10%
+3.27%
$ 39.87M
$ 597.19K
11
deBridge
deBridge
DBR
$ 0.01546
+0.45%
+2.25%
+12.26%
$ 29.77M
$ 3.34M
12
Dogelon Mars
Dogelon Mars
ELON
$ 0.00000002927
+0.14%
-3.36%
-8.29%
$ 29.28M
$ 2.98T
13
Yei Finance
Yei Finance
CLO
$ 0.22419
+0.67%
+4.37%
+1.77%
$ 28.24M
$ 4.37M
14
Euler Finance
Euler Finance
EUL
$ 0.9781
-0.11%
-4.34%
-5.83%
$ 23.17M
$ 77.71K
15
Lista DAO
Lista DAO
LISTA
$ 0.05057
-1.00%
-0.91%
+1.21%
$ 20.55M
$ 1.17M
16
CoinDepo
CoinDepo
COINDEPO
$ 0.07894
+0.03%
+0.18%
+1.50%
$ 19.76M
$ 2.89M
17
Moonwell
Moonwell
WELL
$ 0.0034011
+0.50%
-3.40%
-9.12%
$ 15.41M
$ 2.42M
18
EVAA Protocol
EVAA Protocol
EVAA
$ 0.8315
-0.36%
+1.75%
+33.33%
$ 14.84M
$ 12.73M
19
Dolomite
Dolomite
DOLO
$ 0.02364
+0.13%
-11.59%
-0.25%
$ 10.44M
$ 4.40M
20
Abelian
Abelian
ABEL
$ 0.08369
+0.23%
-2.40%
-1.03%
$ 9.82M
$ 265.15K
21
BENQI
BENQI
QI
$ 0.00119584
-0.48%
-1.71%
-5.44%
$ 8.61M
$ 577.36K
22
NAVI Protocol
NAVI Protocol
NAVX
$ 0.006875
+0.42%
+3.66%
+4.42%
$ 5.69M
$ 10.12M
23
HyperLend
HyperLend
HPL
$ 0.01231262
+1.61%
-0.08%
-2.97%
$ 4.75M
$ 16.04K
24
Goldfinch
Goldfinch
GFI
$ 0.05139
+0.80%
-13.54%
-20.94%
$ 4.51M
$ 1.14M
25
Avalon
Avalon
AVL
$ 0.026
+0.04%
+0.39%
-7.37%
$ 4.19M
$ 2.09M
26
Gearbox
Gearbox
GEAR
$ 0.00039157
+0.12%
-7.47%
-4.31%
$ 3.92M
$ 8.84K
27
Liqwid Finance
Liqwid Finance
LQ
$ 0.177482
+0.77%
+18.58%
+12.52%
$ 3.60M
$ 14.72K
28
Suilend
Suilend
SEND
$ 0.05006
+0.10%
+0.10%
+0.64%
$ 3.53M
$ 1.11M
29
Wise
Wise
WISE
$ 0.084276
+0.26%
-2.42%
-13.97%
$ 1.83M
$ 19.37K
30
Reservoir
Reservoir
DAM
$ 0.00874
-0.28%
-6.71%
-7.53%
$ 1.75M
$ 6.13M
31
Scallop
Scallop
SCA
$ 0.0102
-1.96%
0.00%
-15.25%
$ 1.60M
$ 382.28K
32
Blend
Blend
BLND
$ 0.04474056
-0.01%
-0.18%
-7.45%
$ 1.58M
$ 1.90K
33
MEZO
MEZO
MEZO
$ 0.01449
+0.07%
-0.69%
-0.82%
$ 1.24M
$ 3.94M
34
TrueFi
TrueFi
TRU
$ 0.00086975
+1.60%
-0.25%
-3.78%
$ 1.09M
$ 55.24K
35
Radiant Capital
Radiant Capital
RDNT
$ 0.00081736
+4.57%
-2.47%
-12.50%
$ 1.06M
$ 545.37K
36
Hatom
Hatom
HTM
$ 0.01261088
+0.31%
-0.08%
-7.82%
$ 991.41K
$ 3.15K
37
Pixie Dust
Pixie Dust
DUST
$ 0.351525
-2.21%
+0.15%
-3.10%
$ 695.41K
$ 51.13K
38
DefiTuna
DefiTuna
TUNA
$ 0.00192466
+0.04%
-30.54%
+14.43%
$ 541.79K
$ 5.76K
39
Nostra
Nostra
NSTR
$ 0.00526169
+0.16%
-1.33%
-3.35%
$ 526.19K
$ 1.71K
40
Celsius Network
Celsius Network
CEL
$ 0.01080854
+0.14%
-5.84%
-5.88%
$ 386.22K
$ 1.33K
41
dForce
dForce
DF
$ 0.00035585
+0.30%
-1.35%
-0.99%
$ 355.91K
$ 49.62
42
Notional Finance
Notional Finance
NOTE
$ 0.00679757
0.00%
0.00%
+8.12%
$ 319.68K
$ 1.48K
43
Seamless Protocol
Seamless Protocol
SEAM
$ 0.00659383
-0.03%
-8.43%
-6.68%
$ 268.27K
$ 836.68
44
LO0P
LO0P
LO0P
$ 0.189108
+0.38%
-8.56%
-12.84%
$ 189.11K
$ 4.99K
45
Paystream
Paystream
PAYS
$ 0.04348847
-0.01%
-0.13%
-2.35%
$ 170.45K
$ 2.45K
46
Neptune
Neptune
NEPT
$ 0.03628759
+0.27%
-2.31%
-6.68%
$ 139.30K
$ 147.34
47
BendDAO
BendDAO
BEND
$ 2.889E-5
0.00%
-0.14%
-4.34%
$ 118.64K
--
48
Pike Finance
Pike Finance
P
$ 0.00039648
0.00%
0.00%
-0.45%
$ 91.22K
$ 3.61
49
Alpaca Finance
Alpaca Finance
ALPACA
$ 0.00053249
+0.27%
-1.80%
-13.01%
$ 80.76K
$ 1.06K
50
Silo Finance
Silo Finance
SILO
$ 0.00010691
0.00%
-50.85%
-43.37%
$ 65.45K
$ 5.61K

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.