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
$ 94.55
+0.24%
+4.85%
-3.11%
$ 1.47B
$ 2.93K
2
MORPHO
MORPHO
MORPHO
$ 1.9883
+0.29%
-0.80%
-4.03%
$ 1.01B
$ 70.75K
3
Olympus
Olympus
OHM
$ 18.51
+0.05%
-0.00%
+2.21%
$ 276.41M
$ 262.71K
4
Maple Finance
Maple Finance
SYRUP
$ 0.18787
-0.32%
+4.42%
+2.48%
$ 224.06M
$ 379.09K
5
Compound
Compound
COMP
$ 17.4
+0.29%
+3.55%
+3.31%
$ 174.80M
$ 8.38K
6
Kamino
Kamino
KMNO
$ 0.01856
+0.05%
+1.25%
+1.59%
$ 89.86M
$ 3.01M
7
Quantix Finance
Quantix Finance
QFI
$ 59.001
+0.02%
+0.11%
-7.76%
$ 58.98M
$ 5.22K
8
Spark
Spark
SPK
$ 0.01749
0.00%
+0.92%
+2.26%
$ 49.30M
$ 3.07M
9
Venus
Venus
XVS
$ 2.7671
+0.04%
+0.85%
+1.24%
$ 45.55M
$ 24.86K
10
Dogelon Mars
Dogelon Mars
ELON
$ 0.00000003331
0.00%
+1.77%
+1.46%
$ 33.31M
$ 2.51T
11
deBridge
deBridge
DBR
$ 0.01704
-0.23%
-1.21%
+5.11%
$ 32.87M
$ 3.21M
12
Zest Protocol
Zest Protocol
ZEST
$ 0.22281
+0.21%
-2.83%
+0.97%
$ 32.65M
$ 829.27K
13
Euler Finance
Euler Finance
EUL
$ 0.9946
+0.85%
+3.57%
+1.26%
$ 23.81M
$ 67.85K
14
CoinDepo
CoinDepo
COINDEPO
$ 0.08591
+0.06%
+0.63%
+0.60%
$ 21.52M
$ 3.34M
15
Lista DAO
Lista DAO
LISTA
$ 0.0482
-0.06%
+1.56%
-0.62%
$ 19.74M
$ 1.17M
16
EVAA Protocol
EVAA Protocol
EVAA
$ 0.9094
-0.13%
-6.88%
-24.12%
$ 16.17M
$ 621.70K
17
Moonwell
Moonwell
WELL
$ 0.00353996
+0.28%
+0.05%
-2.35%
$ 16.02M
$ 126.35K
18
Yei Finance
Yei Finance
CLO
$ 0.12437
-0.36%
-8.26%
-39.70%
$ 15.98M
$ 979.47K
19
Abelian
Abelian
ABEL
$ 0.08462
-0.36%
+0.80%
+0.27%
$ 10.00M
$ 162.37K
20
Dolomite
Dolomite
DOLO
$ 0.02228
0.00%
+2.76%
+0.81%
$ 9.87M
$ 2.74M
21
Wise
Wise
WISE
$ 0.111645
+0.14%
+0.05%
+13.61%
$ 9.67M
$ 25.56K
22
NAVI Protocol
NAVI Protocol
NAVX
$ 0.01052
+2.16%
+2.93%
+46.25%
$ 8.63M
$ 6.50M
23
BENQI
BENQI
QI
$ 0.0011607
+0.74%
+0.03%
-1.26%
$ 8.36M
$ 532.24K
24
Xauras
Xauras
XRS
$ 0.02978358
+0.01%
0.00%
+0.02%
$ 6.66M
$ 15.81K
25
HyperLend
HyperLend
HPL
$ 0.01298217
-0.05%
-0.02%
-8.78%
$ 5.04M
$ 25.19K
26
Gearbox
Gearbox
GEAR
$ 0.00041417
-0.40%
+0.04%
-17.77%
$ 4.14M
$ 478.72
27
Liqwid Finance
Liqwid Finance
LQ
$ 0.185986
-2.03%
-0.01%
-1.42%
$ 3.78M
$ 4.86K
28
Suilend
Suilend
SEND
$ 0.05004
-0.12%
-1.44%
-2.70%
$ 3.54M
$ 1.13M
29
Goldfinch
Goldfinch
GFI
$ 0.03852
-0.46%
+1.75%
-15.60%
$ 3.41M
$ 1.51M
30
Avalon
Avalon
AVL
$ 0.02082
-0.24%
+0.19%
-0.19%
$ 3.37M
$ 2.74M
31
Seamless Protocol
Seamless Protocol
SEAM
$ 0.04619817
-0.01%
-0.02%
+84.30%
$ 1.88M
$ 451.81
32
TrueFi
TrueFi
TRU
$ 0.00137003
-0.71%
-0.05%
+117.93%
$ 1.72M
$ 2.12M
33
Scallop
Scallop
SCA
$ 0.0091
0.00%
0.00%
0.00%
$ 1.46M
$ 136.49K
34
Blend
Blend
BLND
$ 0.03925851
+0.03%
+0.02%
+0.13%
$ 1.38M
$ 5.09K
35
Hatom
Hatom
HTM
$ 0.01499412
-0.28%
-0.02%
-3.96%
$ 1.19M
$ 2.56K
36
MEZO
MEZO
MEZO
$ 0.01087
-0.09%
-1.28%
-4.16%
$ 931.26K
$ 5.20M
37
Radiant Capital
Radiant Capital
RDNT
$ 0.00057899
+0.70%
+0.04%
-5.76%
$ 831.96K
$ 344.64K
38
Reservoir
Reservoir
DAM
$ 0.00284133
0.00%
-0.01%
-31.71%
$ 714.72K
$ 411.92
39
Nostra
Nostra
NSTR
$ 0.00570655
+0.09%
+0.02%
+1.43%
$ 570.66K
$ 684.08
40
Celsius Network
Celsius Network
CEL
$ 0.01181817
+1.91%
+0.03%
-20.07%
$ 422.16K
$ 1.96K
41
Silo Finance
Silo Finance
SILO
$ 0.00061787
0.00%
--
-8.32%
$ 378.27K
$ 9.18
42
DefiTuna
DefiTuna
TUNA
$ 0.00124256
-0.01%
-0.14%
-33.52%
$ 349.78K
$ 3.66K
43
Notional Finance
Notional Finance
NOTE
$ 0.00609795
+0.32%
-0.06%
-8.11%
$ 315.85K
$ 3.42K
44
dForce
dForce
DF
$ 0.00030323
0.00%
--
-5.66%
$ 303.20K
$ 4.77
45
LO0P
LO0P
LO0P
$ 0.211316
-0.10%
+0.11%
+2.06%
$ 211.36K
$ 2.10K
46
Pixie Dust
Pixie Dust
DUST
$ 0.054926
+0.50%
-0.04%
-7.07%
$ 135.25K
$ 8.89K
47
Neptune
Neptune
NEPT
$ 0.03451239
-0.37%
-0.01%
-1.05%
$ 133.62K
$ 27.36
48
Paystream
Paystream
PAYS
$ 0.03621853
+0.01%
0.00%
-0.04%
$ 116.03K
$ 0.75
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%
--
-0.32%
$ 88.26K
$ 10.01

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.