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

AaveToken

AAVE

$ 111.54

-1.00%

-9.81%

-15.83%

$ 1.72B

$ 686.52

MORPHO

$ 1.9819

-1.16%

-3.28%

-6.34%

$ 1.11B

$ 31.45K

Quantix Finance

QFI

$ 999.15

0.00%

+109,810.00%

$ 411.60M

$ 18.83K

Olympus

OHM

$ 15.42

+0.26%

-0.03%

-10.04%

$ 230.33M

$ 256.66K

Compound

COMP

$ 19.74

-0.30%

-2.47%

-2.67%

$ 197.20M

$ 2.87K

Kamino

KMNO

$ 0.0311

-0.35%

-4.89%

-10.48%

$ 184.63M

$ 1.80M

Maple Finance

SYRUP

$ 0.12665

-1.09%

-7.36%

-12.16%

$ 149.46M

$ 459.45K

Spark

SPK

$ 0.01564

-0.19%

-2.07%

-6.30%

$ 53.72M

$ 3.11M

Venus

XVS

$ 2.6026

-0.57%

-4.00%

-9.12%

$ 42.77M

$ 21.31K

Lista DAO

LISTA

$ 0.07272

-0.37%

-3.41%

-3.79%

$ 34.07M

$ 773.29K

CoinDepo

COINDEPO

$ 0.11715

+0.13%

+0.24%

+0.43%

$ 29.35M

$ 4.11M

deBridge

DBR

$ 0.01321

-0.15%

+2.49%

-0.15%

$ 25.31M

$ 4.04M

Euler Finance

EUL

$ 0.8527

-1.45%

-4.82%

-18.50%

$ 22.57M

$ 65.10K

Dogelon Mars

ELON

$ 0.0000000216

-0.60%

-2.04%

-13.74%

$ 21.57M

$ 3.93T

EVAA Protocol

EVAA

$ 1.0725

+0.12%

+1.60%

-22.13%

$ 19.20M

$ 67.87K

Zest Protocol

ZEST

$ 0.11563

-0.76%

+4.85%

-26.07%

$ 16.80M

$ 554.36K

Teller

DEBIT

$ 0.782684

-0.16%

-0.02%

-13.79%

$ 13.48M

$ 2.87M

BENQI

$ 0.001779

-0.63%

-3.08%

-3.94%

$ 12.46M

$ 31.85M

Abelian

ABEL

$ 0.07688

-5.51%

+0.23%

-28.36%

$ 9.96M

$ 172.18K

Wise

WISE

$ 0.1088

-0.67%

-0.02%

-10.13%

$ 9.64M

$ 12.37K

Yei Finance

CLO

$ 0.03593

+0.42%

+2.04%

-26.15%

$ 9.27M

$ 2.59M

Dolomite

DOLO

$ 0.0204

-0.20%

-2.96%

-10.52%

$ 8.98M

$ 2.53M

Avalon

AVL

$ 0.01596419

+0.48%

-0.02%

-7.57%

$ 7.49M

$ 143.88K

Xauras

XRS

$ 0.02977757

+0.01%

0.00%

$ 6.66M

$ 11.68K

NAVI Protocol

NAVX

$ 0.008088

-0.76%

-4.24%

-13.59%

$ 6.63M

$ 6.59M

Grove

GROVE

$ 0.00693467

+0.33%

-0.02%

-16.70%

$ 6.55M

$ 208.67K

Moonwell

WELL

$ 0.00143893

-7.75%

-0.07%

-19.71%

$ 6.52M

$ 2.22M

Hatom

HTM

$ 0.04745942

-0.15%

-0.01%

-11.14%

$ 4.69M

$ 11.76K

Suilend

SEND

$ 0.050194

-0.19%

-0.01%

+0.23%

$ 3.79M

$ 119.02

Gearbox

GEAR

$ 0.0003713

-0.82%

-0.10%

-21.58%

$ 3.71M

$ 5.70K

Liqwid Finance

$ 0.167348

-1.16%

-0.06%

-17.82%

$ 3.40M

$ 2.88K

HyperLend

HPL

$ 0.00749201

+0.01%

-0.01%

-11.80%

$ 3.08M

$ 9.91K

Goldfinch

GFI

$ 0.02994224

-0.27%

+0.02%

-6.46%

$ 2.85M

$ 50.67K

MEZO

$ 0.00414729

+1.11%

+0.06%

-26.86%

$ 2.07M

$ 1.10M

TrueFi

TRU

$ 0.00070172

-0.06%

-0.02%

-6.99%

$ 882.08K

$ 3.76K

Reservoir

DAM

$ 0.00289719

-0.17%

-0.05%

+48.24%

$ 818.58K

$ 1.90K

Scallop

SCA

$ 0.00456862

-0.23%

-0.05%

-8.35%

$ 806.82K

$ 16.45K

NetNet

NET

$ 155.28

0.00%

+0.01%

-0.79%

$ 749.12K

$ 593.10K

Radiant Capital

RDNT

$ 0.00043321

-0.53%

-0.00%

-2.66%

$ 622.50K

$ 24.32K

Blend

BLND

$ 0.00769677

-0.88%

-0.01%

+6.23%

$ 516.77K

$ 6.20K

Nostra

NSTR

$ 0.00461006

0.00%

+0.01%

-2.51%

$ 461.01K

$ 474.27

Seamless Protocol

SEAM

$ 0.01068363

-0.01%

-0.00%

-0.21%

$ 434.66K

$ 8.48

Silo Finance

SILO

$ 0.00061742

0.00%

$ 377.99K

$ 9.10

Universal LayerBank Token

ULAB

$ 0.075369

+0.01%

-2.58%

$ 284.62K

$ 5.77K

DefiTuna

TUNA

$ 0.00094361

+0.02%

-0.04%

-40.78%

$ 265.62K

$ 711.14

Celsius Network

CEL

$ 0.00581153

-0.40%

-0.03%

-6.17%

$ 207.58K

$ 80.15

Notional Finance

NOTE

$ 0.00247731

0.00%

+0.32%

$ 153.55K

$ 29.72

LO0P

$ 0.106832

0.00%

-5.04%

$ 106.83K

$ 60.82

Alpaca Finance

ALPACA

$ 0.0005536

-0.29%

-0.02%

-4.98%

$ 103.23K

$ 106.35

dForce

$ 0.00010288

0.00%

-4.58%

$ 102.87K

$ 1.49

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.

What is the primary utility of native tokens issued by lending and borrowing protocols?

How do flash loans differ from standard cryptocurrency borrowing practices?

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.

Top Lending & Borrowing Protocol Tokens by Market Capitalization

Tradable Crypto

Category

Lending/Borrowing Protocols

Smart Contract Platform

Layer 1 (L1)

Proof of Work (PoW)

Other Crypto

New Crypto

Frequently Asked Questions

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