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
$ 65.36
+0.06%
-2.28%
+2.27%
$ 1.02B
$ 3.17K
2
MORPHO
MORPHO
MORPHO
$ 1.9316
0.00%
-0.30%
+3.63%
$ 977.03M
$ 33.95K
3
Olympus
Olympus
OHM
$ 16.21
-0.25%
-3.73%
-6.08%
$ 242.72M
$ 15.04K
4
Compound
Compound
COMP
$ 17.27
0.00%
-2.09%
+1.94%
$ 173.27M
$ 4.39K
5
Maple Finance
Maple Finance
SYRUP
$ 0.13117
-0.26%
+0.52%
-0.83%
$ 157.40M
$ 463.80K
6
Kamino
Kamino
KMNO
$ 0.0177
-0.56%
-4.30%
+14.46%
$ 86.05M
$ 3.37M
7
Quantix Finance
Quantix Finance
QFI
$ 54.481
-0.09%
-1.52%
+0.40%
$ 54.56M
$ 9.97K
8
Spark
Spark
SPK
$ 0.01907
-0.77%
-3.55%
+0.16%
$ 54.06M
$ 3.03M
9
Venus
Venus
XVS
$ 2.479
+0.03%
+0.49%
+2.90%
$ 40.73M
$ 21.85K
10
Zest Protocol
Zest Protocol
ZEST
$ 0.27382
+1.35%
+3.31%
+1.40%
$ 39.97M
$ 408.46K
11
deBridge
deBridge
DBR
$ 0.01592
+1.27%
+2.24%
+8.49%
$ 30.76M
$ 3.30M
12
Dogelon Mars
Dogelon Mars
ELON
$ 0.00000002988
0.00%
-1.68%
-2.61%
$ 29.86M
$ 2.59T
13
Yei Finance
Yei Finance
CLO
$ 0.18183
+1.45%
+28.42%
+19.78%
$ 23.24M
$ 2.05M
14
Euler Finance
Euler Finance
EUL
$ 0.9713
-1.25%
+4.40%
+7.38%
$ 23.15M
$ 66.10K
15
Lista DAO
Lista DAO
LISTA
$ 0.05125
+0.62%
-0.95%
-2.79%
$ 21.21M
$ 1.09M
16
CoinDepo
CoinDepo
COINDEPO
$ 0.07737
-0.24%
+0.30%
+1.74%
$ 19.37M
$ 1.40M
17
Moonwell
Moonwell
WELL
$ 0.0035422
+0.04%
-4.61%
-3.75%
$ 16.02M
$ 1.42M
18
Dolomite
Dolomite
DOLO
$ 0.02408
+0.16%
-4.51%
+3.53%
$ 10.76M
$ 2.47M
19
BENQI
BENQI
QI
$ 0.00136563
+0.01%
-0.95%
-1.87%
$ 9.82M
$ 403.38K
20
Abelian
Abelian
ABEL
$ 0.07808
-0.04%
+0.46%
+10.22%
$ 9.19M
$ 125.13K
21
EVAA Protocol
EVAA Protocol
EVAA
$ 0.4711
+0.13%
+21.99%
+26.82%
$ 8.35M
$ 296.38K
22
Goldfinch
Goldfinch
GFI
$ 0.07722
-2.28%
-13.65%
-29.78%
$ 6.84M
$ 969.56K
23
NAVI Protocol
NAVI Protocol
NAVX
$ 0.006899
+0.14%
-4.42%
+4.18%
$ 5.65M
$ 7.74M
24
HyperLend
HyperLend
HPL
$ 0.01258742
-0.47%
+0.26%
-3.11%
$ 4.85M
$ 1.47K
25
Avalon
Avalon
AVL
$ 0.02809
+1.30%
+0.18%
-2.29%
$ 4.55M
$ 1.87M
26
Gearbox
Gearbox
GEAR
$ 0.00040209
+0.10%
+2.21%
+13.73%
$ 4.02M
$ 2.48K
27
Suilend
Suilend
SEND
$ 0.05196
-0.02%
-1.29%
+4.04%
$ 3.66M
$ 986.43K
28
Liqwid Finance
Liqwid Finance
LQ
$ 0.15329
-0.05%
-0.71%
+8.39%
$ 3.11M
$ 2.75K
29
Reservoir
Reservoir
DAM
$ 0.010658
-0.07%
-10.19%
+11.71%
$ 2.12M
$ 5.49M
30
Scallop
Scallop
SCA
$ 0.0121
0.00%
-3.97%
-12.32%
$ 1.94M
$ 37.40K
31
Wise
Wise
WISE
$ 0.088053
+0.05%
-8.34%
-9.96%
$ 1.93M
$ 26.86K
32
Blend
Blend
BLND
$ 0.051166
-0.03%
+0.67%
+2.04%
$ 1.80M
$ 28.39K
33
MEZO
MEZO
MEZO
$ 0.01525
+0.26%
+1.52%
-6.24%
$ 1.32M
$ 3.52M
34
Hatom
Hatom
HTM
$ 0.01340986
+0.31%
-1.51%
-4.82%
$ 1.06M
$ 1.19K
35
TrueFi
TrueFi
TRU
$ 0.00075879
+0.84%
-7.87%
+4.73%
$ 957.16K
$ 94.23K
36
Pixie Dust
Pixie Dust
DUST
$ 0.379077
0.00%
+1.18%
-0.41%
$ 717.55K
$ 13.80K
37
Nostra
Nostra
NSTR
$ 0.00542978
+0.02%
-0.57%
-3.10%
$ 542.98K
$ 6.69
38
Radiant Capital
Radiant Capital
RDNT
$ 0.00037954
-0.83%
-4.78%
-42.43%
$ 490.39K
$ 163.02K
39
DefiTuna
DefiTuna
TUNA
$ 0.00171141
-0.97%
+12.38%
+9.21%
$ 481.76K
$ 5.91K
40
Celsius Network
Celsius Network
CEL
$ 0.01326768
+0.15%
+2.99%
-12.39%
$ 473.91K
$ 80.60
41
dForce
dForce
DF
$ 0.00037491
0.00%
0.00%
+0.01%
$ 374.88K
$ 9.65
42
Seamless Protocol
Seamless Protocol
SEAM
$ 0.0081892
+0.02%
+13.96%
+2.98%
$ 333.15K
$ 2.41K
43
Notional Finance
Notional Finance
NOTE
$ 0.00629937
0.00%
+0.11%
+7.11%
$ 296.25K
$ 10.28
44
LO0P
LO0P
LO0P
$ 0.252104
+0.09%
+2.60%
+3.18%
$ 252.09K
$ 3.32K
45
Paystream
Paystream
PAYS
$ 0.0447932
0.00%
-0.00%
-0.05%
$ 184.00K
$ 100.58
46
Neptune
Neptune
NEPT
$ 0.03893589
-0.48%
-0.48%
-7.24%
$ 149.26K
$ 103.82
47
BendDAO
BendDAO
BEND
$ 2.972E-5
0.00%
-0.60%
-2.37%
$ 122.01K
--
48
Silo Finance
Silo Finance
SILO
$ 0.00017232
-0.01%
+5.95%
-59.48%
$ 105.51K
$ 531.73
49
Pike Finance
Pike Finance
P
$ 0.00039888
0.00%
-0.47%
-1.59%
$ 91.77K
$ 44.62
50
Alpaca Finance
Alpaca Finance
ALPACA
$ 0.00059972
+0.17%
-8.84%
-23.25%
$ 90.99K
$ 5.87K

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.