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
MORPHO
MORPHO
MORPHO
$ 1,9119
+0,77%
+7,49%
+3,29%
$ 968,51M
$ 74,67K
2
AaveToken
AaveToken
AAVE
$ 61,33
-0,26%
-3,09%
-16,07%
$ 940,99M
$ 6,50K
3
Olympus
Olympus
OHM
$ 16,69
+0,30%
-2,69%
-9,34%
$ 248,81M
$ 221,41K
4
Compound
Compound
COMP
$ 18,62
-0,22%
+3,06%
+2,21%
$ 184,85M
$ 5,06K
5
Maple Finance
Maple Finance
SYRUP
$ 0,13117
+0,70%
-0,44%
-12,93%
$ 155,05M
$ 455,08K
6
Mustang
Mustang
MUST
$ 0,503016
0,00%
0,00%
0,00%
$ 77,65M
$ 5,62
7
Kamino
Kamino
KMNO
$ 0,01461
-0,48%
-3,88%
-9,43%
$ 70,10M
$ 4,03M
8
Spark
Spark
SPK
$ 0,02001
+1,12%
+1,37%
+0,71%
$ 55,41M
$ 2,82M
9
Quantix Finance
Quantix Finance
QFI
$ 52,229
-0,70%
-2,40%
-11,62%
$ 52,25M
$ 10,34K
10
Zest Protocol
Zest Protocol
ZEST
$ 0,26773
-0,87%
-13,56%
+104,34%
$ 39,00M
$ 1,40M
11
Venus
Venus
XVS
$ 2,3806
-0,28%
-3,12%
-2,91%
$ 38,90M
$ 23,50K
12
Dogelon Mars
Dogelon Mars
ELON
$ 0,00000002911
-0,10%
-5,40%
-9,49%
$ 29,06M
$ 2,52T
13
deBridge
deBridge
DBR
$ 0,01506
-0,60%
+0,34%
+9,68%
$ 28,77M
$ 3,60M
14
Lista DAO
Lista DAO
LISTA
$ 0,05019
-0,42%
-3,77%
-18,99%
$ 20,56M
$ 1,12M
15
Euler Finance
Euler Finance
EUL
$ 0,8557
+0,06%
-3,54%
-14,46%
$ 20,27M
$ 71,76K
16
CoinDepo
CoinDepo
COINDEPO
$ 0,07631
-0,90%
-0,71%
-0,28%
$ 18,96M
$ 2,24M
17
Moonwell
Moonwell
WELL
$ 0,00371568
+1,53%
-0,41%
+0,22%
$ 16,51M
$ 4,80M
18
Yei Finance
Yei Finance
CLO
$ 0,11007
+0,89%
-19,58%
-24,16%
$ 14,21M
$ 4,63M
19
Dolomite
Dolomite
DOLO
$ 0,02218
-0,27%
-3,02%
-13,46%
$ 9,77M
$ 2,41M
20
Goldfinch
Goldfinch
GFI
$ 0,1101
-0,09%
-1,87%
-5,41%
$ 9,64M
$ 513,02K
21
BENQI
BENQI
QI
$ 0,00131517
-0,07%
-4,16%
-8,63%
$ 9,47M
$ 468,72K
22
Abelian
Abelian
ABEL
$ 0,06742
-0,01%
-4,10%
+2,17%
$ 7,92M
$ 153,25K
23
EVAA Protocol
EVAA Protocol
EVAA
$ 0,4085
+1,50%
+14,34%
+22,93%
$ 7,25M
$ 616,68K
24
NAVI Protocol
NAVI Protocol
NAVX
$ 0,006427
+0,25%
-1,21%
-24,90%
$ 5,25M
$ 8,95M
25
HyperLend
HyperLend
HPL
$ 0,01261405
+0,64%
-3,30%
-15,75%
$ 4,86M
$ 13,11K
26
Avalon
Avalon
AVL
$ 0,02614
-0,80%
-2,72%
-17,98%
$ 4,23M
$ 2,08M
27
Suilend
Suilend
SEND
$ 0,04965
+0,06%
+0,34%
-1,93%
$ 3,49M
$ 1,03M
28
Gearbox
Gearbox
GEAR
$ 0,00032709
-0,01%
-4,43%
-22,55%
$ 3,27M
$ 4,32K
29
Liqwid Finance
Liqwid Finance
LQ
$ 0,143483
-0,22%
-2,61%
-13,63%
$ 2,91M
$ 3,16K
30
Scallop
Scallop
SCA
$ 0,013
0,00%
-5,11%
-16,13%
$ 2,08M
$ 47,70K
31
Reservoir
Reservoir
DAM
$ 0,009458
+0,56%
+1,65%
-3,74%
$ 1,89M
$ 6,21M
32
Wise
Wise
WISE
$ 0,084613
+0,22%
-4,08%
-13,65%
$ 1,86M
$ 18,63K
33
Blend
Blend
BLND
$ 0,050759
0,00%
+1,43%
+0,47%
$ 1,79M
$ 5,05K
34
TrueFi
TrueFi
TRU
$ 0,00127606
+23,14%
+60,70%
+66,18%
$ 1,50M
$ 1,43M
35
MEZO
MEZO
MEZO
$ 0,01523
0,00%
-3,04%
-25,45%
$ 1,31M
$ 4,53M
36
Hatom
Hatom
HTM
$ 0,01323678
-0,27%
-0,84%
-0,13%
$ 1,04M
$ 429,61
37
Pixie Dust
Pixie Dust
DUST
$ 0,376709
+0,25%
-0,46%
-2,41%
$ 667,36K
$ 20,88K
38
Radiant Capital
Radiant Capital
RDNT
$ 0,00049508
-0,05%
+2,64%
-39,35%
$ 639,64K
$ 370,31K
39
DefiTuna
DefiTuna
TUNA
$ 0,00207677
-2,06%
+47,78%
+36,77%
$ 587,94K
$ 4,27K
40
Nostra
Nostra
NSTR
$ 0,00551857
0,00%
-1,09%
-6,91%
$ 551,87K
$ 520,05
41
Celsius Network
Celsius Network
CEL
$ 0,01394649
-0,31%
-3,12%
-0,11%
$ 498,16K
$ 910,92
42
dForce
dForce
DF
$ 0,00035782
-0,35%
-3,83%
-1,39%
$ 357,79K
$ 13,43
43
Seamless Protocol
Seamless Protocol
SEAM
$ 0,00743675
-0,05%
-2,57%
-30,95%
$ 302,60K
$ 314,25
44
Notional Finance
Notional Finance
NOTE
$ 0,00611369
0,00%
0,00%
-6,95%
$ 287,52K
$ 64,18
45
Silo Finance
Silo Finance
SILO
$ 0,00041409
0,00%
-0,01%
+18,42%
$ 253,51K
$ 65,22
46
Paystream
Paystream
PAYS
$ 0,04482058
+0,01%
-0,00%
+1,01%
$ 203,10K
$ 9,66K
47
Neptune
Neptune
NEPT
$ 0,03991537
+0,84%
-3,56%
+23,55%
$ 152,92K
$ 203,58
48
BendDAO
BendDAO
BEND
$ 3,015E-5
0,00%
-1,11%
-15,64%
$ 123,82K
--
49
Alpaca Finance
Alpaca Finance
ALPACA
$ 0,00072481
-0,01%
-4,96%
-22,04%
$ 109,85K
$ 515,78
50
Pike Finance
Pike Finance
P
$ 0,00040207
+0,01%
-0,16%
-0,36%
$ 92,51K
$ 21,51

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.