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
$ 76.43
-0.03%
+2.70%
+24.86%
$ 1.17B
$ 8.45K
2
MORPHO
MORPHO
MORPHO
$ 1.9525
+0.26%
-0.53%
-2.52%
$ 980.45M
$ 41.70K
3
Olympus
Olympus
OHM
$ 16.05
-0.50%
-2.73%
-3.55%
$ 240.18M
$ 14.74K
4
Compound
Compound
COMP
$ 17.86
+0.68%
-1.33%
+0.62%
$ 177.26M
$ 3.67K
5
Maple Finance
Maple Finance
SYRUP
$ 0.14198
+0.31%
-3.27%
+9.71%
$ 167.61M
$ 544.71K
6
Kamino
Kamino
KMNO
$ 0.01811
-0.17%
-3.16%
+29.93%
$ 87.39M
$ 3.33M
7
Spark
Spark
SPK
$ 0.0203
-0.63%
+1.65%
+2.62%
$ 57.08M
$ 2.76M
8
Quantix Finance
Quantix Finance
QFI
$ 54.77
+0.04%
+0.08%
+0.27%
$ 54.61M
$ 2.68K
9
Venus
Venus
XVS
$ 2.6954
-0.06%
+4.06%
+8.52%
$ 44.04M
$ 22.01K
10
Zest Protocol
Zest Protocol
ZEST
$ 0.26381
-0.54%
-3.73%
-5.16%
$ 38.83M
$ 770.52K
11
Dogelon Mars
Dogelon Mars
ELON
$ 0.00000003485
-0.11%
+4.47%
+20.22%
$ 34.79M
$ 2.61T
12
deBridge
deBridge
DBR
$ 0.01459
-0.07%
+0.21%
-3.25%
$ 28.04M
$ 3.53M
13
Euler Finance
Euler Finance
EUL
$ 1.0177
+0.57%
-3.05%
+19.93%
$ 24.15M
$ 63.78K
14
Lista DAO
Lista DAO
LISTA
$ 0.05326
+0.21%
-0.45%
+7.98%
$ 21.69M
$ 1.12M
15
CoinDepo
CoinDepo
COINDEPO
$ 0.0777
+0.19%
+0.22%
+1.44%
$ 19.44M
$ 2.55M
16
Yei Finance
Yei Finance
CLO
$ 0.14936
-0.09%
-24.32%
+36.26%
$ 19.35M
$ 2.53M
17
Moonwell
Moonwell
WELL
$ 0.00391046
-1.45%
+3.25%
+10.07%
$ 17.71M
$ 2.21M
18
EVAA Protocol
EVAA Protocol
EVAA
$ 0.6972
-0.54%
-39.84%
+81.84%
$ 12.17M
$ 4.21M
19
Dolomite
Dolomite
DOLO
$ 0.02476
-0.16%
+0.49%
+12.93%
$ 10.91M
$ 2.24M
20
BENQI
BENQI
QI
$ 0.00140435
0.00%
-0.03%
+6.81%
$ 10.09M
$ 468.71K
21
Abelian
Abelian
ABEL
$ 0.08252
+0.13%
-0.34%
+21.05%
$ 9.71M
$ 181.13K
22
Goldfinch
Goldfinch
GFI
$ 0.07119
+0.29%
-7.20%
-32.76%
$ 6.45M
$ 813.46K
23
NAVI Protocol
NAVI Protocol
NAVX
$ 0.006934
+0.65%
+0.42%
+8.64%
$ 5.69M
$ 7.97M
24
HyperLend
HyperLend
HPL
$ 0.01312597
+0.22%
+1.92%
+7.62%
$ 5.06M
$ 10.73K
25
Avalon
Avalon
AVL
$ 0.02962
+0.34%
-3.33%
+9.09%
$ 4.79M
$ 1.96M
26
Gearbox
Gearbox
GEAR
$ 0.00043776
-0.03%
-1.94%
+27.74%
$ 4.38M
$ 5.43K
27
Suilend
Suilend
SEND
$ 0.04958
-0.02%
-0.04%
-1.61%
$ 3.50M
$ 962.04K
28
Liqwid Finance
Liqwid Finance
LQ
$ 0.158498
+0.60%
-9.58%
+11.20%
$ 3.22M
$ 581.91
29
Wise
Wise
WISE
$ 0.101993
-0.53%
+7.42%
+22.47%
$ 2.23M
$ 27.92K
30
Scallop
Scallop
SCA
$ 0.0128
0.00%
-3.10%
-3.10%
$ 2.01M
$ 69.90K
31
Reservoir
Reservoir
DAM
$ 0.009435
+1.51%
-1.45%
+3.65%
$ 1.89M
$ 6.36M
32
Blend
Blend
BLND
$ 0.04796757
-0.47%
-5.68%
-4.72%
$ 1.69M
$ 15.99K
33
Radiant Capital
Radiant Capital
RDNT
$ 0.0012815
-14.35%
+317.85%
+161.21%
$ 1.63M
$ 5.36M
34
MEZO
MEZO
MEZO
$ 0.01499
+0.13%
-0.20%
-1.51%
$ 1.29M
$ 3.79M
35
TrueFi
TrueFi
TRU
$ 0.00095406
-3.73%
+0.80%
-0.65%
$ 1.20M
$ 773.73K
36
Hatom
Hatom
HTM
$ 0.01435775
+0.06%
-0.51%
+14.42%
$ 1.13M
$ 7.14K
37
Pixie Dust
Pixie Dust
DUST
$ 0.381508
0.00%
-1.71%
+2.28%
$ 722.26K
$ 8.68K
38
Nostra
Nostra
NSTR
$ 0.00562096
-0.09%
-1.54%
+2.52%
$ 562.16K
$ 383.51
39
DefiTuna
DefiTuna
TUNA
$ 0.00188218
+0.18%
+87.98%
+78.84%
$ 530.04K
$ 1.54K
40
Celsius Network
Celsius Network
CEL
$ 0.01148476
-0.32%
-5.43%
-14.67%
$ 410.23K
$ 2.14K
41
dForce
dForce
DF
$ 0.00037087
-0.04%
-1.37%
+1.11%
$ 370.84K
$ 2.66
42
Notional Finance
Notional Finance
NOTE
$ 0.00675983
0.00%
-1.90%
+14.85%
$ 317.90K
$ 277.66
43
Seamless Protocol
Seamless Protocol
SEAM
$ 0.00706507
-0.10%
-1.99%
-1.98%
$ 287.45K
$ 469.37
44
LO0P
LO0P
LO0P
$ 0.263576
+0.03%
-3.87%
+7.88%
$ 264.00K
$ 1.45K
45
Paystream
Paystream
PAYS
$ 0.04482061
0.00%
-0.00%
0.00%
$ 184.11K
$ 0.07
46
Neptune
Neptune
NEPT
$ 0.039422
+0.09%
-3.24%
+0.83%
$ 151.45K
$ 438.74
47
BendDAO
BendDAO
BEND
$ 3.178E-5
-0.44%
-0.21%
+5.41%
$ 130.76K
--
48
Silo Finance
Silo Finance
SILO
$ 0.00020887
0.00%
+52.59%
-49.56%
$ 127.87K
$ 4.97K
49
Alpaca Finance
Alpaca Finance
ALPACA
$ 0.00068526
+0.06%
+0.21%
-10.30%
$ 104.00K
$ 2.64K
50
Pike Finance
Pike Finance
P
$ 0.00039876
0.00%
-0.00%
-0.82%
$ 91.75K
$ 2.67

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.