Top Lending & Borrowing Protocol Tokens by Market Capitalisation

Lending and borrowing protocols are core DeFi applications that allow users to supply assets for yield or collateralise 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 utilised for decentralised governance, revenue sharing, and incentivising protocol liquidity.

#
Coin
Price
Last 7 Days
Action
1
AaveToken
AaveToken
AAVE
$ 170.77
-0.19%
+1.33%
-5.87%
$ 2.65B
$ 1.12K
2
MORPHO
MORPHO
MORPHO
$ 2.4682
-0.74%
+1.65%
-10.79%
$ 1.31B
$ 41.01K
3
Olympus
Olympus
OHM
$ 20.21
+0.30%
+0.01%
-0.25%
$ 301.83M
$ 91.53K
4
Maple Finance
Maple Finance
SYRUP
$ 0.24457
+0.70%
+5.16%
-0.44%
$ 294.18M
$ 375.18K
5
Compound
Compound
COMP
$ 24.93
-0.12%
+0.28%
+1.02%
$ 248.10M
$ 2.43K
6
Kamino
Kamino
KMNO
$ 0.0377
-0.45%
+3.64%
-6.40%
$ 217.15M
$ 1.60M
7
Spark
Spark
SPK
$ 0.02205
-0.90%
+0.87%
-10.53%
$ 68.15M
$ 2.60M
8
Venus
Venus
XVS
$ 3.1693
-0.33%
+0.70%
-4.68%
$ 52.16M
$ 19.38K
9
Lista DAO
Lista DAO
LISTA
$ 0.08024
-0.63%
-0.69%
-2.66%
$ 37.98M
$ 694.93K
10
deBridge
deBridge
DBR
$ 0.01937
+0.05%
+0.47%
+5.15%
$ 37.32M
$ 2.79M
11
Euler Finance
Euler Finance
EUL
$ 1.3991
-0.38%
+1.08%
-1.33%
$ 34.97M
$ 41.83K
12
Teller
Teller
DEBIT
$ 1.85
0.00%
-0.04%
-12.32%
$ 31.87M
$ 56.38M
13
Dogelon Mars
Dogelon Mars
ELON
$ 0.00000003081
+0.06%
+1.25%
-6.49%
$ 30.78M
$ 2.63T
14
Zest Protocol
Zest Protocol
ZEST
$ 0.19511
-0.18%
+6.67%
+10.44%
$ 28.55M
$ 392.21K
15
CoinDepo
CoinDepo
COINDEPO
$ 0.11201
-0.10%
-0.28%
-0.77%
$ 28.06M
$ 2.71M
16
BENQI
BENQI
BENQI
$ 0.002806
+1.24%
+4.76%
-2.62%
$ 20.61M
$ 20.02M
17
Quantix Finance
Quantix Finance
QFI
$ 17.591
+0.30%
+1.39%
-7.41%
$ 17.60M
$ 14.66K
18
Yei Finance
Yei Finance
CLO
$ 0.06299
+0.51%
+2.84%
+4.38%
$ 16.16M
$ 2.56M
19
Dolomite
Dolomite
DOLO
$ 0.02776
-0.36%
-0.18%
-10.88%
$ 12.30M
$ 1.98M
20
Wise
Wise
WISE
$ 0.138022
+0.01%
+0.02%
-5.29%
$ 12.25M
$ 256.23K
21
EVAA Protocol
EVAA Protocol
EVAA
$ 0.6568
-0.87%
-2.19%
-12.91%
$ 11.81M
$ 100.08K
22
Abelian
Abelian
ABEL
$ 0.09064
-0.04%
+1.73%
+41.96%
$ 11.18M
$ 201.23K
23
NAVI Protocol
NAVI Protocol
NAVX
$ 0.012794
-0.39%
-2.09%
-5.08%
$ 10.45M
$ 4.91M
24
Moonwell
Moonwell
WELL
$ 0.00226899
+0.76%
+0.04%
-3.08%
$ 10.28M
$ 667.09K
25
Avalon
Avalon
AVL
$ 0.02091497
-0.05%
+0.01%
-7.22%
$ 9.35M
$ 166.93K
26
Liqwid Finance
Liqwid Finance
LQ
$ 0.360233
-0.12%
-0.00%
-11.37%
$ 7.32M
$ 1.89K
27
Xauras
Xauras
XRS
$ 0.02978126
+0.01%
0.00%
-0.07%
$ 6.66M
$ 12.95K
28
Gearbox
Gearbox
GEAR
$ 0.00063258
+0.05%
0.00%
-1.71%
$ 6.33M
$ 4.02K
29
Grove
Grove
GROVE
$ 0.00706124
-0.75%
-0.03%
-8.81%
$ 5.84M
$ 304.20K
30
Suilend
Suilend
SEND
$ 0.057541
+0.03%
-0.04%
-9.32%
$ 4.35M
$ 485.63
31
HyperLend
HyperLend
HPL
$ 0.01074162
0.00%
+0.02%
-3.57%
$ 4.25M
$ 27.52K
32
Goldfinch
Goldfinch
GFI
$ 0.04032462
+0.40%
+0.03%
-0.89%
$ 3.84M
$ 51.80K
33
Hatom
Hatom
HTM
$ 0.03481023
0.00%
-0.00%
+5.63%
$ 3.38M
$ 11.75K
34
Reservoir
Reservoir
DAM
$ 0.00696297
-5.81%
+0.50%
+189.90%
$ 1.93M
$ 605.08K
35
MEZO
MEZO
MEZO
$ 0.0035932
+1.10%
+0.03%
-10.21%
$ 1.80M
$ 85.10K
36
Scallop
Scallop
SCA
$ 0.00710124
+0.32%
+0.11%
-6.71%
$ 1.23M
$ 67.57K
37
TrueFi
TrueFi
TRU
$ 0.00094838
+0.01%
+0.03%
-11.23%
$ 1.19M
$ 5.94K
38
Radiant Capital
Radiant Capital
RDNT
$ 0.0005678
-1.35%
-0.01%
+26.05%
$ 815.83K
$ 507.01K
39
NetNet
NetNet
NET
$ 167.45
-1.40%
-0.21%
-29.99%
$ 807.81K
$ 1.36M
40
DefiTuna
DefiTuna
TUNA
$ 0.00222192
0.00%
+0.01%
-7.04%
$ 625.47K
$ 20.89
41
Nostra
Nostra
NSTR
$ 0.00515856
0.00%
--
-3.66%
$ 515.86K
$ 323.12
42
Seamless Protocol
Seamless Protocol
SEAM
$ 0.01171851
0.00%
+0.00%
-2.76%
$ 476.77K
$ 28.86
43
Blend
Blend
BLND
$ 0.00577734
-0.14%
+0.03%
-13.22%
$ 387.90K
$ 2.45K
44
Silo Finance
Silo Finance
SILO
$ 0.00061742
0.00%
--
0.00%
$ 377.99K
$ 9.10
45
Notional Finance
Notional Finance
NOTE
$ 0.00424873
-0.05%
--
-6.12%
$ 263.31K
$ 50.67
46
Celsius Network
Celsius Network
CEL
$ 0.00596953
-0.48%
--
-4.30%
$ 213.23K
$ 1.36K
47
BendDAO
BendDAO
BEND
$ 3.727E-5
0.00%
-0.07%
-10.28%
$ 153.69K
--
48
LO0P
LO0P
LO0P
$ 0.144002
-0.05%
+0.02%
-7.71%
$ 143.99K
$ 4.76
49
Alpaca Finance
Alpaca Finance
ALPACA
$ 0.00072352
-0.73%
+0.01%
-2.78%
$ 134.90K
$ 32.12
50
dForce
dForce
DF
$ 0.00010148
+0.06%
-0.05%
-2.85%
$ 101.47K
$ 121.64

Frequently Asked Questions

How do decentralised lending and borrowing protocols function without traditional banks?
Decentralised 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-collateralisation in decentralised finance (DeFi) lending?
Because DeFi is largely anonymous, over-collateralisation 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 utilisation 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.