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
$ 88.6
-0.02%
-1.13%
-3.89%
$ 1.36B
$ 2.40K
2
MORPHO
MORPHO
MORPHO
$ 1.9259
+0.25%
-0.36%
+1.87%
$ 967.59M
$ 60.20K
3
Olympus
Olympus
OHM
$ 16.96
-0.29%
-0.00%
+8.09%
$ 253.60M
$ 121.65K
4
Maple Finance
Maple Finance
SYRUP
$ 0.16688
+0.36%
+3.48%
+15.53%
$ 199.57M
$ 429.55K
5
Compound
Compound
COMP
$ 16.87
+0.12%
-2.43%
+6.90%
$ 168.90M
$ 4.65K
6
Kamino
Kamino
KMNO
$ 0.01914
-0.16%
-3.38%
-0.93%
$ 92.62M
$ 2.90M
7
Quantix Finance
Quantix Finance
QFI
$ 59.332
+0.15%
+0.31%
-0.02%
$ 59.43M
$ 6.51K
8
Spark
Spark
SPK
$ 0.01815
+0.06%
-0.87%
+6.26%
$ 50.81M
$ 2.79M
9
Venus
Venus
XVS
$ 2.5744
-0.40%
-0.10%
+5.77%
$ 42.09M
$ 22.63K
10
Zest Protocol
Zest Protocol
ZEST
$ 0.23032
+0.30%
+3.92%
-4.42%
$ 33.70M
$ 320.55K
11
Dogelon Mars
Dogelon Mars
ELON
$ 0.00000003205
-0.06%
-2.02%
+13.03%
$ 31.97M
$ 2.53T
12
deBridge
deBridge
DBR
$ 0.01513
+1.34%
-0.79%
-1.82%
$ 29.12M
$ 3.44M
13
Euler Finance
Euler Finance
EUL
$ 1.0247
-0.48%
-3.39%
-4.80%
$ 24.52M
$ 58.31K
14
Lista DAO
Lista DAO
LISTA
$ 0.05014
-0.16%
-2.83%
+7.70%
$ 20.54M
$ 1.15M
15
CoinDepo
CoinDepo
COINDEPO
$ 0.07942
0.00%
-0.76%
-0.16%
$ 19.88M
$ 3.11M
16
Yei Finance
Yei Finance
CLO
$ 0.13953
+0.57%
-6.09%
+2.03%
$ 17.95M
$ 726.71K
17
Moonwell
Moonwell
WELL
$ 0.00369539
-1.14%
-0.02%
+6.94%
$ 16.74M
$ 518.15K
18
EVAA Protocol
EVAA Protocol
EVAA
$ 0.8688
+0.28%
-7.80%
+4.06%
$ 15.59M
$ 319.56K
19
Dolomite
Dolomite
DOLO
$ 0.02323
-0.21%
-3.01%
+0.78%
$ 10.26M
$ 2.59M
20
Abelian
Abelian
ABEL
$ 0.08595
0.00%
-0.59%
-2.32%
$ 10.12M
$ 130.86K
21
BENQI
BENQI
QI
$ 0.00121175
-0.89%
+0.02%
+8.25%
$ 8.72M
$ 589.63K
22
Xauras
Xauras
XRS
$ 0.02977875
+0.01%
0.00%
+0.05%
$ 6.66M
$ 16.91K
23
HyperLend
HyperLend
HPL
$ 0.015952
-0.31%
+0.01%
-5.50%
$ 6.18M
$ 5.59K
24
NAVI Protocol
NAVI Protocol
NAVX
$ 0.006932
+0.09%
-1.37%
-3.50%
$ 5.65M
$ 7.70M
25
Gearbox
Gearbox
GEAR
$ 0.00049188
-0.02%
+0.01%
+15.76%
$ 4.92M
$ 2.19K
26
Goldfinch
Goldfinch
GFI
$ 0.05303
-0.28%
+2.64%
+3.68%
$ 4.66M
$ 1.02M
27
Liqwid Finance
Liqwid Finance
LQ
$ 0.192766
-0.16%
-0.01%
+14.60%
$ 3.91M
$ 473.11
28
Avalon
Avalon
AVL
$ 0.02335
-0.04%
-9.70%
+9.06%
$ 3.78M
$ 2.53M
29
Suilend
Suilend
SEND
$ 0.05382
-0.78%
-4.07%
+7.02%
$ 3.78M
$ 979.72K
30
Wise
Wise
WISE
$ 0.092049
-0.17%
-0.01%
-0.99%
$ 1.99M
$ 20.71K
31
Blend
Blend
BLND
$ 0.04470961
+0.05%
+0.00%
+0.37%
$ 1.58M
$ 1.08K
32
Scallop
Scallop
SCA
$ 0.0095
+2.15%
-2.06%
-2.06%
$ 1.52M
$ 159.75K
33
Reservoir
Reservoir
DAM
$ 0.00559182
+0.47%
-0.13%
-18.00%
$ 1.40M
$ 26.34K
34
Hatom
Hatom
HTM
$ 0.01411579
+0.02%
-0.01%
+2.29%
$ 1.11M
$ 990.14
35
TrueFi
TrueFi
TRU
$ 0.00081615
-0.79%
-0.03%
-6.15%
$ 1.03M
$ 23.27K
36
MEZO
MEZO
MEZO
$ 0.0114
-0.09%
-4.35%
-6.16%
$ 982.86K
$ 4.80M
37
Radiant Capital
Radiant Capital
RDNT
$ 0.00063882
+2.49%
+0.01%
-11.06%
$ 917.93K
$ 244.61K
38
DefiTuna
DefiTuna
TUNA
$ 0.00199646
+0.02%
+0.01%
-0.06%
$ 562.00K
$ 425.31
39
Nostra
Nostra
NSTR
$ 0.00554029
-0.06%
+0.01%
+4.70%
$ 554.04K
$ 71.30
40
Celsius Network
Celsius Network
CEL
$ 0.01177995
0.00%
+0.03%
+8.24%
$ 420.77K
$ 704.98
41
dForce
dForce
DF
$ 0.0003904
0.00%
-0.02%
+4.44%
$ 390.37K
$ 11.30
42
Silo Finance
Silo Finance
SILO
$ 0.00058303
+0.83%
+0.02%
+445.35%
$ 356.68K
$ 1.75
43
Notional Finance
Notional Finance
NOTE
$ 0.00654341
0.00%
-0.00%
+11.57%
$ 307.72K
$ 2.72
44
Pixie Dust
Pixie Dust
DUST
$ 0.112596
+1.00%
-0.02%
-55.11%
$ 293.16K
$ 7.05K
45
LO0P
LO0P
LO0P
$ 0.206
+1.45%
-0.01%
+8.27%
$ 205.81K
$ 1.43K
46
Seamless Protocol
Seamless Protocol
SEAM
$ 0.00473933
-21.62%
-0.21%
-23.28%
$ 192.70K
$ 1.63K
47
Neptune
Neptune
NEPT
$ 0.03295044
0.00%
-0.05%
-10.36%
$ 126.72K
$ 207.62
48
Paystream
Paystream
PAYS
$ 0.0369686
0.00%
-0.11%
-15.39%
$ 118.43K
$ 1.68K
49
BendDAO
BendDAO
BEND
$ 2.611E-5
0.00%
0.00%
+6.70%
$ 107.31K
--
50
Pike Finance
Pike Finance
P
$ 0.00039287
0.00%
-0.00%
-1.03%
$ 90.56K
$ 50.95

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.