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
$ 154.33
+0.01%
+7.74%
+12.67%
$ 2.38B
$ 3.03K
2
MORPHO
MORPHO
MORPHO
$ 2.7393
+0.03%
-2.88%
+6.74%
$ 1.44B
$ 52.07K
3
Olympus
Olympus
OHM
$ 20.27
-0.05%
-0.00%
+1.35%
$ 302.46M
$ 101.61K
4
Maple Finance
Maple Finance
SYRUP
$ 0.22274
+0.66%
+4.35%
+2.43%
$ 263.80M
$ 463.83K
5
Kamino
Kamino
KMNO
$ 0.04372
-1.22%
+16.18%
+60.21%
$ 241.90M
$ 2.12M
6
Compound
Compound
COMP
$ 23.95
-0.63%
+1.32%
+14.17%
$ 238.50M
$ 3.21K
7
Spark
Spark
SPK
$ 0.02453
+0.04%
+13.31%
+21.76%
$ 76.11M
$ 4.76M
8
Venus
Venus
XVS
$ 3.3497
+0.06%
+1.97%
+6.92%
$ 54.72M
$ 16.66K
9
deBridge
deBridge
DBR
$ 0.0221
-0.18%
-10.35%
+38.60%
$ 42.36M
$ 2.77M
10
Lista DAO
Lista DAO
LISTA
$ 0.08682
+0.54%
+4.59%
+8.75%
$ 40.42M
$ 634.91K
11
Euler Finance
Euler Finance
EUL
$ 1.4749
-0.31%
+4.14%
+5.64%
$ 35.25M
$ 49.92K
12
Teller
Teller
DEBIT
$ 1.98
+1.02%
-0.03%
-13.54%
$ 34.02M
$ 4.95M
13
Dogelon Mars
Dogelon Mars
ELON
$ 0.00000003321
-0.15%
-0.63%
+3.79%
$ 33.06M
$ 2.29T
14
CoinDepo
CoinDepo
COINDEPO
$ 0.10795
0.00%
+0.26%
+1.11%
$ 26.98M
$ 3.21M
15
Zest Protocol
Zest Protocol
ZEST
$ 0.17878
-0.36%
+1.61%
+23.66%
$ 26.04M
$ 544.46K
16
BENQI
BENQI
BENQI
$ 0.002975
-2.12%
+8.84%
+146.17%
$ 23.57M
$ 75.05M
17
Quantix Finance
Quantix Finance
QFI
$ 19.026
-0.29%
+3.71%
+1.36%
$ 18.99M
$ 7.09K
18
Dolomite
Dolomite
DOLO
$ 0.03168
+0.84%
+2.38%
+22.29%
$ 13.86M
$ 2.10M
19
EVAA Protocol
EVAA Protocol
EVAA
$ 0.7207
-0.07%
-0.25%
-1.36%
$ 12.78M
$ 134.19K
20
Wise
Wise
WISE
$ 0.145949
-0.11%
+0.01%
+4.19%
$ 12.70M
$ 438.09
21
Avalon
Avalon
AVL
$ 0.02488194
-0.16%
+0.00%
+16.66%
$ 10.14M
$ 259.55K
22
NAVI Protocol
NAVI Protocol
NAVX
$ 0.012097
-0.11%
+5.59%
+22.86%
$ 9.95M
$ 5.01M
23
Moonwell
Moonwell
WELL
$ 0.00217246
-0.14%
+0.03%
+12.35%
$ 9.84M
$ 146.79K
24
Liqwid Finance
Liqwid Finance
LQ
$ 0.390951
+0.91%
+0.02%
+40.75%
$ 7.94M
$ 5.79K
25
Gearbox
Gearbox
GEAR
$ 0.00078827
-0.59%
+0.17%
+106.93%
$ 7.88M
$ 87.11K
26
Abelian
Abelian
ABEL
$ 0.06361
+0.02%
+3.03%
+0.09%
$ 7.78M
$ 264.59K
27
Yei Finance
Yei Finance
CLO
$ 0.06172
-0.73%
+0.62%
-13.37%
$ 7.76M
$ 3.01M
28
Xauras
Xauras
XRS
$ 0.02980055
-0.01%
0.00%
+0.01%
$ 6.66M
$ 13.78K
29
Grove
Grove
GROVE
$ 0.00785348
+0.01%
+0.01%
+2.89%
$ 6.13M
$ 109.02K
30
HyperLend
HyperLend
HPL
$ 0.01287157
0.00%
+0.01%
+20.70%
$ 5.07M
$ 27.10K
31
Suilend
Suilend
SEND
$ 0.058055
+0.04%
-0.10%
-2.48%
$ 4.39M
$ 7.24K
32
Goldfinch
Goldfinch
GFI
$ 0.04511884
-5.97%
+0.07%
+49.84%
$ 4.30M
$ 415.05K
33
Hatom
Hatom
HTM
$ 0.03442319
0.00%
+0.06%
+8.19%
$ 3.19M
$ 4.13K
34
NetNet
NetNet
NET
$ 581.41
-1.65%
-0.04%
-11.83%
$ 2.80M
$ 3.32M
35
MEZO
MEZO
MEZO
$ 0.0043556
+0.24%
-0.06%
-10.11%
$ 2.18M
$ 130.63K
36
TrueFi
TrueFi
TRU
$ 0.00084708
+1.08%
+0.01%
-3.92%
$ 1.06M
$ 5.99K
37
DefiTuna
DefiTuna
TUNA
$ 0.00296966
0.00%
+0.11%
+9.79%
$ 835.94K
$ 521.00
38
Scallop
Scallop
SCA
$ 0.0050049
-0.08%
+0.03%
+5.45%
$ 819.35K
$ 64.45K
39
Radiant Capital
Radiant Capital
RDNT
$ 0.00044634
+0.25%
+0.01%
-7.28%
$ 641.36K
$ 45.25K
40
Reservoir
Reservoir
DAM
$ 0.00212968
-0.08%
-0.04%
+5.76%
$ 591.07K
$ 1.73K
41
Nostra
Nostra
NSTR
$ 0.00530953
0.00%
--
-0.63%
$ 530.95K
$ 146.85
42
Seamless Protocol
Seamless Protocol
SEAM
$ 0.0123672
0.00%
+0.01%
+4.71%
$ 503.18K
$ 85.40
43
Notional Finance
Notional Finance
NOTE
$ 0.00636567
0.00%
+0.02%
+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
$ 0.00553983
0.00%
+0.04%
+0.51%
$ 371.78K
$ 671.29
46
LO0P
LO0P
LO0P
$ 0.324074
-0.09%
-0.01%
+2.99%
$ 324.11K
$ 3.31K
47
Celsius Network
Celsius Network
CEL
$ 0.00617564
-0.11%
-0.02%
+5.07%
$ 220.60K
$ 369.05
48
BendDAO
BendDAO
BEND
$ 3.874E-5
0.00%
0.00%
+1.65%
$ 159.74K
--
49
Alpaca Finance
Alpaca Finance
ALPACA
$ 0.00077143
-0.13%
0.00%
-0.35%
$ 117.00K
$ 552.72
50
dForce
dForce
DF
$ 0.00010331
-0.12%
+0.01%
+3.14%
$ 103.31K
$ 11.54

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.