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
$ 89,07
+0,32%
-1,35%
-7,24%
$ 1,37B
$ 3,06K
2
MORPHO
MORPHO
MORPHO
$ 1,9048
+0,03%
-0,40%
-4,80%
$ 953,58M
$ 35,02K
3
Olympus
Olympus
OHM
$ 18,63
+0,16%
-0,00%
+0,27%
$ 278,29M
$ 142,64K
4
Maple Finance
Maple Finance
SYRUP
$ 0,15389
-0,81%
-3,83%
-4,56%
$ 182,87M
$ 446,87K
5
Compound
Compound
COMP
$ 16,3
+0,06%
-1,51%
-1,21%
$ 162,90M
$ 13,07K
6
Kamino
Kamino
KMNO
$ 0,01827
-0,33%
+1,56%
+1,50%
$ 88,36M
$ 3,13M
7
Quantix Finance
Quantix Finance
QFI
$ 57,832
-0,29%
-1,49%
-1,04%
$ 57,97M
$ 8,28K
8
Venus
Venus
XVS
$ 2,6904
-0,04%
-0,68%
-3,28%
$ 44,00M
$ 21,19K
9
Spark
Spark
SPK
$ 0,0154
-0,06%
+0,65%
-4,40%
$ 43,22M
$ 3,66M
10
Zest Protocol
Zest Protocol
ZEST
$ 0,21661
-0,31%
+0,22%
-13,32%
$ 31,83M
$ 323,14K
11
Euler Finance
Euler Finance
EUL
$ 1,3271
-0,59%
-6,74%
-5,64%
$ 31,12M
$ 67,80K
12
CoinDepo
CoinDepo
COINDEPO
$ 0,11561
+0,15%
+1,64%
+13,10%
$ 28,84M
$ 2,81M
13
Dogelon Mars
Dogelon Mars
ELON
$ 0,00000002743
-0,11%
-5,03%
-5,03%
$ 27,36M
$ 3,45T
14
deBridge
deBridge
DBR
$ 0,01407
+0,07%
+0,21%
+0,50%
$ 27,04M
$ 3,65M
15
Lista DAO
Lista DAO
LISTA
$ 0,05397
-0,41%
+2,71%
+5,36%
$ 21,86M
$ 1,13M
16
Yei Finance
Yei Finance
CLO
$ 0,12043
-0,10%
-3,55%
+0,74%
$ 15,60M
$ 708,51K
17
EVAA Protocol
EVAA Protocol
EVAA
$ 0,8454
+1,03%
-1,34%
+2,26%
$ 15,25M
$ 211,60K
18
Moonwell
Moonwell
WELL
$ 0,00299756
-0,90%
+0,01%
+1,76%
$ 13,69M
$ 964,53K
19
Dolomite
Dolomite
DOLO
$ 0,0226
-0,04%
+3,82%
+8,09%
$ 9,97M
$ 2,51M
20
Wise
Wise
WISE
$ 0,103797
+0,14%
-0,00%
+1,74%
$ 9,00M
$ 1,32K
21
BENQI
BENQI
BENQI
$ 0,001219
+0,33%
+5,00%
-0,41%
$ 8,76M
$ 80,87M
22
Abelian
Abelian
ABEL
$ 0,06755
+0,15%
-0,90%
-1,33%
$ 7,94M
$ 216,50K
23
Xauras
Xauras
XRS
$ 0,02978238
0,00%
0,00%
+0,03%
$ 6,66M
$ 15,22K
24
NAVI Protocol
NAVI Protocol
NAVX
$ 0,007671
+0,04%
-1,44%
-8,08%
$ 6,28M
$ 6,56M
25
Suilend
Suilend
SEND
$ 0,051345
+0,03%
+0,03%
+1,40%
$ 3,77M
$ 3,99K
26
HyperLend
HyperLend
HPL
$ 0,01113191
-0,20%
0,00%
-5,06%
$ 3,72M
$ 81,91K
27
Liqwid Finance
Liqwid Finance
LQ
$ 0,181075
-0,93%
+0,04%
+9,83%
$ 3,68M
$ 2,03K
28
Gearbox
Gearbox
GEAR
$ 0,00033279
+0,06%
-0,08%
-10,77%
$ 3,33M
$ 6,89K
29
Goldfinch
Goldfinch
GFI
$ 0,0316
+0,26%
+0,06%
-1,35%
$ 2,75M
$ 1,78M
30
Avalon
Avalon
AVL
$ 0,0168
-0,06%
-0,36%
-2,27%
$ 2,71M
$ 3,21M
31
Blend
Blend
BLND
$ 0,03892018
-0,18%
+0,02%
-5,46%
$ 2,61M
$ 10,56K
32
Nest
Nest
NEST
$ 0,003098
-1,89%
-0,19%
-29,35%
$ 1,49M
$ 85,34K
33
Hatom
Hatom
HTM
$ 0,01605403
+0,02%
-0,00%
+4,81%
$ 1,30M
$ 1,28K
34
Scallop
Scallop
SCA
$ 0,0065
0,00%
-8,33%
-16,46%
$ 1,06M
$ 890,88K
35
TrueFi
TrueFi
TRU
$ 0,00083071
+1,50%
-0,04%
+4,83%
$ 1,04M
$ 11,17K
36
Reservoir
Reservoir
DAM
$ 0,00333682
-1,01%
-0,02%
-13,00%
$ 859,38K
$ 1,17K
37
MEZO
MEZO
MEZO
$ 0,007954
-0,54%
-1,13%
-9,56%
$ 683,79K
$ 6,96M
38
Radiant Capital
Radiant Capital
RDNT
$ 0,00045569
-0,24%
-0,04%
-13,60%
$ 654,79K
$ 38,16K
39
Nostra
Nostra
NSTR
$ 0,00582728
+0,14%
+0,03%
+4,02%
$ 582,88K
$ 10,99
40
Seamless Protocol
Seamless Protocol
SEAM
$ 0,01399774
+0,01%
-0,00%
-14,87%
$ 569,50K
$ 34,18
41
Notional Finance
Notional Finance
NOTE
$ 0,00541058
0,00%
--
-0,06%
$ 528,33K
$ 96,56
42
DefiTuna
DefiTuna
TUNA
$ 0,00151333
-0,20%
-0,02%
+30,91%
$ 425,88K
$ 1,02K
43
Celsius Network
Celsius Network
CEL
$ 0,01141499
+0,48%
+0,00%
+0,59%
$ 407,84K
$ 85,96
44
Silo Finance
Silo Finance
SILO
$ 0,00061742
0,00%
--
-0,07%
$ 377,99K
$ 9,10
45
LO0P
LO0P
LO0P
$ 0,372188
+1,19%
-0,05%
-32,06%
$ 372,21K
$ 12,41K
46
BendDAO
BendDAO
BEND
$ 2,885E-5
0,00%
+2,40%
+5,79%
$ 118,82K
--
47
dForce
dForce
DF
$ 0,00010086
0,00%
--
-31,15%
$ 100,85K
$ 5,59
48
Paystream
Paystream
PAYS
$ 0,03034493
0,00%
--
-0,07%
$ 97,21K
$ 1,66
49
Alpaca Finance
Alpaca Finance
ALPACA
$ 0,00060977
+0,07%
+0,01%
+7,01%
$ 92,48K
$ 2,25K
50
Pixie Dust
Pixie Dust
DUST
$ 0,03127788
-0,71%
-0,04%
-10,23%
$ 89,44K
$ 4,33K

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.