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
$ 89.84
-0.20%
-0.80%
-6.20%
$ 1.38B
$ 1.41K
2
MORPHO
MORPHO
MORPHO
$ 1.9808
-1.02%
-1.13%
-0.14%
$ 998.48M
$ 35.34K
3
Olympus
Olympus
OHM
$ 18.54
+0.32%
-0.00%
+4.39%
$ 276.46M
$ 216.11K
4
Maple Finance
Maple Finance
SYRUP
$ 0.18046
-0.47%
-1.89%
-1.99%
$ 214.95M
$ 346.68K
5
Compound
Compound
COMP
$ 16.67
-0.89%
-3.25%
+0.91%
$ 166.90M
$ 3.58K
6
Kamino
Kamino
KMNO
$ 0.01834
+0.44%
+0.33%
-0.22%
$ 89.14M
$ 3.15M
7
Quantix Finance
Quantix Finance
QFI
$ 58.796
-0.25%
-5.32%
-7.60%
$ 58.83M
$ 5.53K
8
Spark
Spark
SPK
$ 0.01692
-0.18%
-0.47%
-0.76%
$ 47.26M
$ 3.11M
9
Venus
Venus
XVS
$ 2.7398
-0.30%
-3.33%
+0.08%
$ 44.68M
$ 32.82K
10
deBridge
deBridge
DBR
$ 0.01719
-0.98%
+0.41%
+4.25%
$ 33.07M
$ 3.20M
11
Dogelon Mars
Dogelon Mars
ELON
$ 0.00000003244
-0.43%
-1.01%
+2.95%
$ 32.39M
$ 2.77T
12
Zest Protocol
Zest Protocol
ZEST
$ 0.21306
0.00%
-4.56%
-10.55%
$ 31.12M
$ 376.91K
13
Euler Finance
Euler Finance
EUL
$ 0.9418
-1.14%
-1.64%
-4.74%
$ 22.53M
$ 64.01K
14
CoinDepo
CoinDepo
COINDEPO
$ 0.08454
-0.04%
-0.04%
-1.30%
$ 21.16M
$ 3.45M
15
Lista DAO
Lista DAO
LISTA
$ 0.04584
-0.97%
-0.48%
-1.77%
$ 18.83M
$ 1.19M
16
Yei Finance
Yei Finance
CLO
$ 0.14211
-1.73%
-9.24%
-31.97%
$ 18.34M
$ 824.08K
17
Moonwell
Moonwell
WELL
$ 0.00351609
+5.06%
+0.00%
-0.64%
$ 15.93M
$ 53.26K
18
EVAA Protocol
EVAA Protocol
EVAA
$ 0.8383
-1.73%
+0.79%
+0.88%
$ 14.16M
$ 593.37K
19
Abelian
Abelian
ABEL
$ 0.08381
-0.58%
-0.45%
-2.31%
$ 9.87M
$ 140.64K
20
Dolomite
Dolomite
DOLO
$ 0.02121
-0.88%
-1.53%
-2.43%
$ 9.41M
$ 3.77M
21
Wise
Wise
WISE
$ 0.096491
-0.59%
-0.10%
-5.04%
$ 8.36M
$ 21.76K
22
BENQI
BENQI
QI
$ 0.00112476
-0.12%
+0.00%
0.00%
$ 8.10M
$ 521.68K
23
NAVI Protocol
NAVI Protocol
NAVX
$ 0.00955
-2.25%
+28.48%
+37.04%
$ 7.82M
$ 8.32M
24
Xauras
Xauras
XRS
$ 0.0297813
0.00%
0.00%
+0.05%
$ 6.66M
$ 15.81K
25
HyperLend
HyperLend
HPL
$ 0.01326108
-0.02%
-0.02%
-6.42%
$ 5.15M
$ 16.46K
26
Gearbox
Gearbox
GEAR
$ 0.00045184
-0.90%
+0.00%
-6.27%
$ 4.52M
$ 3.84K
27
Liqwid Finance
Liqwid Finance
LQ
$ 0.187901
-1.10%
-0.01%
+0.92%
$ 3.82M
$ 357.52
28
Suilend
Suilend
SEND
$ 0.0507
-0.20%
-1.40%
+0.71%
$ 3.59M
$ 1.11M
29
Goldfinch
Goldfinch
GFI
$ 0.04033
-0.90%
+3.26%
-14.51%
$ 3.55M
$ 1.41M
30
Avalon
Avalon
AVL
$ 0.02089
0.00%
-1.65%
-0.29%
$ 3.38M
$ 2.47M
31
Seamless Protocol
Seamless Protocol
SEAM
$ 0.04750611
0.00%
+0.01%
+90.53%
$ 1.93M
$ 213.23
32
Scallop
Scallop
SCA
$ 0.0091
0.00%
0.00%
+4.60%
$ 1.46M
$ 262.67K
33
Blend
Blend
BLND
$ 0.0386037
-0.51%
-0.00%
-2.09%
$ 1.36M
$ 1.71K
34
TrueFi
TrueFi
TRU
$ 0.00108123
+7.06%
+1.01%
+59.87%
$ 1.36M
$ 1.46M
35
Hatom
Hatom
HTM
$ 0.01495206
-0.76%
-0.03%
-8.32%
$ 1.18M
$ 2.64K
36
MEZO
MEZO
MEZO
$ 0.01095
+0.27%
+1.01%
-2.41%
$ 941.58K
$ 5.08M
37
Radiant Capital
Radiant Capital
RDNT
$ 0.00056594
-0.17%
+0.03%
-8.65%
$ 813.21K
$ 120.92K
38
Reservoir
Reservoir
DAM
$ 0.00318183
0.00%
+0.02%
-24.78%
$ 800.37K
$ 540.73
39
Nostra
Nostra
NSTR
$ 0.00557853
-0.45%
+0.00%
+0.79%
$ 557.85K
$ 718.87
40
Celsius Network
Celsius Network
CEL
$ 0.01149586
-0.94%
+0.02%
+3.38%
$ 410.62K
$ 8.34K
41
DefiTuna
DefiTuna
TUNA
$ 0.00145013
-0.30%
+0.17%
-18.39%
$ 408.20K
$ 1.13K
42
Silo Finance
Silo Finance
SILO
$ 0.00061787
0.00%
--
-4.24%
$ 378.27K
$ 9.18
43
Notional Finance
Notional Finance
NOTE
$ 0.00657451
0.00%
+0.00%
+3.25%
$ 309.19K
$ 31.83
44
dForce
dForce
DF
$ 0.00030346
-0.94%
-0.00%
-3.76%
$ 304.25K
$ 4.77
45
LO0P
LO0P
LO0P
$ 0.183696
-0.76%
-0.10%
-6.87%
$ 183.70K
$ 7.46
46
Pixie Dust
Pixie Dust
DUST
$ 0.057041
+0.42%
+0.04%
-6.14%
$ 140.40K
$ 4.62K
47
Neptune
Neptune
NEPT
$ 0.03358909
-0.47%
0.00%
-1.34%
$ 130.04K
$ 30.68
48
Paystream
Paystream
PAYS
$ 0.03621264
0.00%
0.00%
-1.25%
$ 116.01K
$ 6.92
49
BendDAO
BendDAO
BEND
$ 2.618E-5
0.00%
0.00%
0.00%
$ 107.67K
--
50
Pike Finance
Pike Finance
P
$ 0.00038362
0.00%
0.00%
-0.56%
$ 88.26K
$ 10.01

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.