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
$ 110.19
-1.32%
+13.15%
+26.24%
$ 1.68B
$ 6.10K
2
MORPHO
MORPHO
MORPHO
$ 2.3947
-0.57%
+8.94%
+21.07%
$ 1.18B
$ 61.92K
3
Olympus
Olympus
OHM
$ 18.58
0.00%
-0.00%
+0.22%
$ 277.64M
$ 323.88K
4
Maple Finance
Maple Finance
SYRUP
$ 0.19068
+0.02%
+9.52%
+22.13%
$ 226.28M
$ 502.09K
5
Compound
Compound
COMP
$ 19.51
+1.04%
+3.13%
+20.22%
$ 194.40M
$ 4.98K
6
Kamino
Kamino
KMNO
$ 0.02301
+1.29%
+11.22%
+23.84%
$ 109.85M
$ 3.17M
7
Spark
Spark
SPK
$ 0.01772
+2.22%
+20.25%
+21.76%
$ 53.85M
$ 5.19M
8
Venus
Venus
XVS
$ 3.1451
+0.57%
+8.17%
+15.67%
$ 51.52M
$ 20.19K
9
Quantix Finance
Quantix Finance
QFI
$ 43.082
+0.16%
-7.93%
-18.58%
$ 43.13M
$ 6.04K
10
Dogelon Mars
Dogelon Mars
ELON
$ 0.00000003474
-0.09%
+4.56%
+29.77%
$ 34.34M
$ 2.81T
11
Lista DAO
Lista DAO
LISTA
$ 0.07541
+0.58%
+6.50%
+25.47%
$ 30.54M
$ 947.55K
12
Euler Finance
Euler Finance
EUL
$ 1.2964
+0.56%
+3.08%
+7.95%
$ 30.40M
$ 68.70K
13
deBridge
deBridge
DBR
$ 0.01571
+0.13%
+3.03%
+4.68%
$ 30.12M
$ 3.64M
14
CoinDepo
CoinDepo
COINDEPO
$ 0.11247
-0.11%
-1.10%
+0.50%
$ 28.16M
$ 3.85M
15
Zest Protocol
Zest Protocol
ZEST
$ 0.14454
+0.63%
+0.66%
-1.56%
$ 21.14M
$ 779.41K
16
Moonwell
Moonwell
WELL
$ 0.00374531
-0.28%
+0.14%
+34.47%
$ 16.97M
$ 335.53K
17
Yei Finance
Yei Finance
CLO
$ 0.1172
+1.09%
+9.72%
+2.91%
$ 15.41M
$ 1.74M
18
EVAA Protocol
EVAA Protocol
EVAA
$ 0.771
-0.30%
+1.88%
+0.32%
$ 13.82M
$ 148.22K
19
Dolomite
Dolomite
DOLO
$ 0.02636
+2.64%
+12.15%
+28.91%
$ 11.66M
$ 3.07M
20
Wise
Wise
WISE
$ 0.129761
+0.68%
+0.04%
+26.07%
$ 11.29M
$ 9.61K
21
BENQI
BENQI
BENQI
$ 0.001328
+1.30%
+4.02%
-0.68%
$ 9.51M
$ 77.09M
22
Abelian
Abelian
ABEL
$ 0.05987
-0.25%
-0.40%
-6.04%
$ 7.00M
$ 164.31K
23
Xauras
Xauras
XRS
$ 0.02979656
0.00%
0.00%
+0.05%
$ 6.66M
$ 15.23K
24
Avalon
Avalon
AVL
$ 0.01673457
+0.87%
+0.04%
+2.61%
$ 6.50M
$ 377.08K
25
NAVI Protocol
NAVI Protocol
NAVX
$ 0.007418
-0.13%
+0.64%
+5.73%
$ 6.07M
$ 7.75M
26
Grove
Grove
GROVE
$ 0.0075648
-0.04%
-0.03%
-5.53%
$ 5.02M
$ 221.80K
27
Liqwid Finance
Liqwid Finance
LQ
$ 0.224151
+0.90%
+0.15%
+26.30%
$ 4.55M
$ 4.86K
28
Suilend
Suilend
SEND
$ 0.052629
+0.44%
+0.03%
+6.98%
$ 3.91M
$ 2.11K
29
Gearbox
Gearbox
GEAR
$ 0.00038444
+0.36%
+0.05%
+19.96%
$ 3.84M
$ 7.79K
30
Blend
Blend
BLND
$ 0.04125636
+0.62%
-0.04%
-3.17%
$ 2.77M
$ 39.32K
31
Goldfinch
Goldfinch
GFI
$ 0.03102
+1.17%
-0.19%
-0.80%
$ 2.72M
$ 1.93M
32
HyperLend
HyperLend
HPL
$ 0.01388187
+0.36%
-0.18%
+47.70%
$ 2.18M
$ 208.30K
33
Hatom
Hatom
HTM
$ 0.01808403
0.00%
+0.08%
+15.29%
$ 1.46M
$ 7.73K
34
TrueFi
TrueFi
TRU
$ 0.0010393
+0.53%
0.00%
-4.81%
$ 1.31M
$ 16.23K
35
Scallop
Scallop
SCA
$ 0.00467915
+2.91%
+0.20%
+2.90%
$ 763.81K
$ 387.00K
36
DefiTuna
DefiTuna
TUNA
$ 0.00262187
+1.59%
+0.44%
+79.59%
$ 747.35K
$ 2.37K
37
Nostra
Nostra
NSTR
$ 0.00621018
+0.02%
+0.03%
+14.92%
$ 621.02K
$ 557.92
38
Radiant Capital
Radiant Capital
RDNT
$ 0.00042388
-0.60%
+0.04%
+9.20%
$ 609.07K
$ 90.59K
39
MEZO
MEZO
MEZO
$ 0.006999
+0.46%
-1.75%
-4.24%
$ 601.75K
$ 8.42M
40
Reservoir
Reservoir
DAM
$ 0.00193677
+0.02%
-0.05%
-31.00%
$ 518.17K
$ 977.24
41
Seamless Protocol
Seamless Protocol
SEAM
$ 0.01140482
0.00%
+0.03%
-28.23%
$ 464.02K
$ 1.91K
42
Celsius Network
Celsius Network
CEL
$ 0.01180335
-0.65%
+0.04%
+6.85%
$ 421.61K
$ 2.04K
43
Silo Finance
Silo Finance
SILO
$ 0.00061742
0.00%
--
0.00%
$ 377.99K
$ 9.10
44
LO0P
LO0P
LO0P
$ 0.340482
-0.05%
+0.10%
+1.61%
$ 340.51K
$ 4.79K
45
Notional Finance
Notional Finance
NOTE
$ 0.00539468
0.00%
--
-1.74%
$ 334.39K
$ 6.80
46
BendDAO
BendDAO
BEND
$ 3.035E-5
0.00%
+7.00%
+6.83%
$ 125.01K
--
47
Pixie Dust
Pixie Dust
DUST
$ 0.04557662
0.00%
+0.00%
-4.73%
$ 120.60K
$ 4.41K
48
Alpaca Finance
Alpaca Finance
ALPACA
$ 0.0007662
+0.35%
+0.07%
+21.68%
$ 116.23K
$ 2.72K
49
dForce
dForce
DF
$ 0.00010333
0.00%
+0.02%
+6.24%
$ 103.32K
$ 55.74
50
Paystream
Paystream
PAYS
$ 0.02939917
0.00%
0.00%
-3.16%
$ 94.18K
$ 3.25

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.