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
$ 141.23
-0.34%
-3.02%
+17.72%
$ 2.18B
$ 3.49K
2
MORPHO
MORPHO
MORPHO
$ 2.5691
-0.40%
-6.39%
+23.58%
$ 1.37B
$ 205.55K
3
Olympus
Olympus
OHM
$ 20.14
-0.10%
-0.00%
-0.44%
$ 300.41M
$ 161.87K
4
Maple Finance
Maple Finance
SYRUP
$ 0.21831
-0.29%
-6.84%
+10.38%
$ 261.28M
$ 654.09K
5
Compound
Compound
COMP
$ 22.22
-0.40%
-0.63%
+17.15%
$ 222.00M
$ 3.02K
6
Kamino
Kamino
KMNO
$ 0.03267
-0.58%
-8.94%
+30.49%
$ 182.63M
$ 2.54M
7
Spark
Spark
SPK
$ 0.02124
-0.65%
-2.86%
+19.12%
$ 65.90M
$ 3.21M
8
Venus
Venus
XVS
$ 3.2671
-0.22%
+0.11%
+12.12%
$ 53.76M
$ 18.09K
9
Lista DAO
Lista DAO
LISTA
$ 0.08762
+2.46%
+9.82%
+28.64%
$ 42.40M
$ 680.09K
10
Teller
Teller
DEBIT
$ 2.22
0.00%
-0.01%
-6.33%
$ 38.27M
$ 4.26M
11
Dogelon Mars
Dogelon Mars
ELON
$ 0.00000003367
+0.21%
-0.24%
+12.37%
$ 33.84M
$ 2.97T
12
Euler Finance
Euler Finance
EUL
$ 1.3415
-0.82%
-6.10%
+3.53%
$ 32.26M
$ 64.55K
13
deBridge
deBridge
DBR
$ 0.01652
-0.54%
+2.04%
+6.85%
$ 31.83M
$ 3.36M
14
CoinDepo
CoinDepo
COINDEPO
$ 0.10499
+0.03%
+0.32%
-2.43%
$ 26.26M
$ 3.54M
15
Zest Protocol
Zest Protocol
ZEST
$ 0.14671
+0.67%
-0.16%
+16.80%
$ 21.26M
$ 484.19K
16
Quantix Finance
Quantix Finance
QFI
$ 18.341
0.00%
-3.43%
-4.51%
$ 18.34M
$ 44.97
17
EVAA Protocol
EVAA Protocol
EVAA
$ 0.7612
-0.32%
-0.88%
+69.51%
$ 13.41M
$ 432.89K
18
Wise
Wise
WISE
$ 0.148397
-0.47%
+0.00%
+13.31%
$ 12.91M
$ 11.32K
19
Dolomite
Dolomite
DOLO
$ 0.02831
+0.04%
+6.17%
+22.91%
$ 12.53M
$ 3.31M
20
BENQI
BENQI
BENQI
$ 0.001429
-0.89%
+3.12%
+22.20%
$ 10.46M
$ 41.58M
21
NAVI Protocol
NAVI Protocol
NAVX
$ 0.011806
+0.18%
+9.39%
+39.02%
$ 9.65M
$ 6.99M
22
Avalon
Avalon
AVL
$ 0.02297567
-1.00%
+0.04%
+13.67%
$ 9.36M
$ 456.65K
23
Moonwell
Moonwell
WELL
$ 0.00199988
+0.17%
+0.03%
+8.49%
$ 9.06M
$ 2.81M
24
Yei Finance
Yei Finance
CLO
$ 0.06268
+0.23%
-8.74%
-8.11%
$ 8.28M
$ 3.31M
25
Abelian
Abelian
ABEL
$ 0.06687
-0.06%
+1.72%
+6.94%
$ 8.17M
$ 213.88K
26
Liqwid Finance
Liqwid Finance
LQ
$ 0.337236
-0.97%
+0.04%
+40.07%
$ 6.85M
$ 8.71K
27
Xauras
Xauras
XRS
$ 0.02979728
-0.01%
0.00%
+0.04%
$ 6.66M
$ 13.62K
28
Grove
Grove
GROVE
$ 0.00789375
-0.07%
+0.04%
+4.43%
$ 6.16M
$ 138.45K
29
Suilend
Suilend
SEND
$ 0.068182
-0.45%
-0.02%
+36.45%
$ 5.15M
$ 16.38K
30
HyperLend
HyperLend
HPL
$ 0.01227777
0.00%
+0.11%
+16.66%
$ 4.83M
$ 82.55K
31
Gearbox
Gearbox
GEAR
$ 0.00044173
+0.15%
+0.08%
+32.90%
$ 4.42M
$ 17.41K
32
NetNet
NetNet
NET
$ 685.21
-0.44%
-0.05%
-20.98%
$ 3.31M
$ 2.85M
33
Goldfinch
Goldfinch
GFI
$ 0.0316956
+2.62%
+0.04%
+16.45%
$ 3.02M
$ 52.53K
34
Hatom
Hatom
HTM
$ 0.03201036
0.00%
-0.00%
+15.47%
$ 2.97M
$ 34.32
35
MEZO
MEZO
MEZO
$ 0.00463284
-0.15%
-0.02%
-4.00%
$ 2.32M
$ 105.63K
36
TrueFi
TrueFi
TRU
$ 0.00087741
+1.56%
+0.04%
-6.32%
$ 1.10M
$ 8.32K
37
Scallop
Scallop
SCA
$ 0.00465129
+0.28%
-0.02%
+12.86%
$ 761.45K
$ 56.38K
38
DefiTuna
DefiTuna
TUNA
$ 0.00267138
+0.12%
-0.13%
-12.08%
$ 751.99K
$ 948.63
39
Radiant Capital
Radiant Capital
RDNT
$ 0.0004801
-0.89%
+0.00%
-10.63%
$ 689.89K
$ 57.08K
40
Nostra
Nostra
NSTR
$ 0.00557701
-0.28%
-0.00%
-6.72%
$ 557.72K
$ 551.19
41
Seamless Protocol
Seamless Protocol
SEAM
$ 0.01204694
0.00%
-0.00%
-3.86%
$ 490.14K
$ 31.23
42
Reservoir
Reservoir
DAM
$ 0.00164878
0.00%
0.00%
+1.13%
$ 457.61K
$ 1.05K
43
Silo Finance
Silo Finance
SILO
$ 0.00061742
0.00%
--
0.00%
$ 377.99K
$ 9.10
44
Notional Finance
Notional Finance
NOTE
$ 0.00607829
0.00%
--
+2.49%
$ 376.76K
$ 1.33
45
Blend
Blend
BLND
$ 0.00517718
-0.42%
-0.12%
+25.80%
$ 347.67K
$ 5.15K
46
LO0P
LO0P
LO0P
$ 0.340992
-0.35%
-0.03%
+15.09%
$ 341.12K
$ 6.03K
47
Celsius Network
Celsius Network
CEL
$ 0.00629877
+0.15%
-0.11%
+45.69%
$ 225.01K
$ 5.73K
48
BendDAO
BendDAO
BEND
$ 4.004E-5
-0.10%
-0.48%
-18.68%
$ 165.07K
--
49
Pledge Finance
Pledge Finance
PLG
$ 0.0001523
+1.74%
-0.12%
+47.82%
$ 152.19K
$ 23.54K
50
Alpaca Finance
Alpaca Finance
ALPACA
$ 0.00078436
+0.02%
+0.00%
+3.66%
$ 118.99K
$ 374.52

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.