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
$ 136.37
-0.05%
-5.64%
+8.12%
$ 2.11B
$ 2.33K
2
MORPHO
MORPHO
MORPHO
$ 2.5174
-1.06%
-9.52%
+13.75%
$ 1.33B
$ 80.08K
3
Olympus
Olympus
OHM
$ 20.01
+0.05%
-0.00%
-1.62%
$ 298.51M
$ 76.57K
4
Maple Finance
Maple Finance
SYRUP
$ 0.21616
+0.19%
-0.59%
+0.73%
$ 258.02M
$ 358.13K
5
Compound
Compound
COMP
$ 20.91
+0.19%
-2.06%
+7.06%
$ 209.30M
$ 3.03K
6
Kamino
Kamino
KMNO
$ 0.02699
+0.37%
-3.05%
+8.48%
$ 150.33M
$ 2.98M
7
Spark
Spark
SPK
$ 0.02031
+0.35%
-3.88%
+8.94%
$ 62.73M
$ 2.78M
8
Venus
Venus
XVS
$ 3.1194
+0.07%
-1.42%
+0.57%
$ 51.21M
$ 17.87K
9
Teller
Teller
DEBIT
$ 2.29
0.00%
-0.06%
-28.88%
$ 39.44M
$ 9.86M
10
Lista DAO
Lista DAO
LISTA
$ 0.07915
+0.42%
-1.88%
+3.69%
$ 37.29M
$ 680.04K
11
Euler Finance
Euler Finance
EUL
$ 1.3801
-0.34%
-1.71%
+7.61%
$ 33.25M
$ 86.90K
12
Dogelon Mars
Dogelon Mars
ELON
$ 0.00000003192
-0.03%
-2.36%
+0.22%
$ 31.84M
$ 2.82T
13
deBridge
deBridge
DBR
$ 0.01594
+0.25%
+2.12%
+3.31%
$ 30.64M
$ 3.54M
14
CoinDepo
CoinDepo
COINDEPO
$ 0.10601
-0.57%
-0.70%
-1.79%
$ 26.54M
$ 3.12M
15
Zest Protocol
Zest Protocol
ZEST
$ 0.1449
+0.62%
+0.92%
+20.65%
$ 21.19M
$ 557.31K
16
Quantix Finance
Quantix Finance
QFI
$ 18.734
0.00%
-2.86%
-4.42%
$ 18.73M
$ 0.67
17
EVAA Protocol
EVAA Protocol
EVAA
$ 0.7641
+6.48%
+32.23%
+62.87%
$ 13.79M
$ 515.98K
18
Wise
Wise
WISE
$ 0.140284
+0.14%
-0.01%
+2.54%
$ 12.22M
$ 3.54K
19
Dolomite
Dolomite
DOLO
$ 0.0256
0.00%
-1.12%
+5.42%
$ 11.33M
$ 2.09M
20
BENQI
BENQI
BENQI
$ 0.00133
+0.45%
-1.33%
+0.98%
$ 9.62M
$ 43.93M
21
Yei Finance
Yei Finance
CLO
$ 0.07
+0.59%
+0.22%
-17.20%
$ 9.01M
$ 1.39M
22
Moonwell
Moonwell
WELL
$ 0.00193385
+0.01%
-0.05%
-0.48%
$ 8.76M
$ 1.63M
23
Avalon
Avalon
AVL
$ 0.02137364
+0.21%
-0.01%
+8.47%
$ 8.71M
$ 665.51K
24
NAVI Protocol
NAVI Protocol
NAVX
$ 0.00984
-0.85%
+2.60%
+9.47%
$ 8.03M
$ 5.44M
25
Abelian
Abelian
ABEL
$ 0.06348
+0.02%
+0.62%
-5.04%
$ 7.76M
$ 160.94K
26
Xauras
Xauras
XRS
$ 0.02979576
-0.01%
0.00%
0.00%
$ 6.66M
$ 13.94K
27
Grove
Grove
GROVE
$ 0.00763303
0.00%
-0.00%
-2.71%
$ 5.78M
$ 135.37K
28
Liqwid Finance
Liqwid Finance
LQ
$ 0.278507
+0.27%
-0.07%
+6.11%
$ 5.66M
$ 6.69K
29
Suilend
Suilend
SEND
$ 0.059647
+0.19%
+0.08%
+22.01%
$ 4.51M
$ 6.61K
30
HyperLend
HyperLend
HPL
$ 0.01084928
+1.74%
+0.04%
-1.84%
$ 4.27M
$ 33.00K
31
Gearbox
Gearbox
GEAR
$ 0.00038144
+0.13%
+0.05%
+7.84%
$ 3.81M
$ 8.81K
32
Hatom
Hatom
HTM
$ 0.03181777
0.00%
-0.00%
+9.87%
$ 2.95M
$ 270.70
33
Goldfinch
Goldfinch
GFI
$ 0.03013317
+0.08%
+0.01%
+10.71%
$ 2.87M
$ 67.18K
34
MEZO
MEZO
MEZO
$ 0.00487717
+0.65%
+0.03%
-3.20%
$ 2.44M
$ 725.80K
35
TrueFi
TrueFi
TRU
$ 0.00088177
+0.01%
-0.07%
+13.44%
$ 1.11M
$ 50.22K
36
Scallop
Scallop
SCA
$ 0.00475177
+0.12%
+0.09%
+6.92%
$ 777.90K
$ 48.25K
37
DefiTuna
DefiTuna
TUNA
$ 0.00270478
0.00%
-0.11%
-9.43%
$ 761.39K
$ 225.59
38
Radiant Capital
Radiant Capital
RDNT
$ 0.00048179
+0.08%
-0.05%
-6.61%
$ 692.31K
$ 163.50K
39
Reservoir
Reservoir
DAM
$ 0.00201363
0.00%
+0.15%
+65.33%
$ 558.87K
$ 1.25K
40
Nostra
Nostra
NSTR
$ 0.00534597
+0.06%
--
-12.87%
$ 534.65K
$ 283.43
41
Seamless Protocol
Seamless Protocol
SEAM
$ 0.0118102
0.00%
+0.03%
-3.30%
$ 480.51K
$ 1.37K
42
Silo Finance
Silo Finance
SILO
$ 0.00061742
0.00%
--
0.00%
$ 377.99K
$ 9.10
43
Notional Finance
Notional Finance
NOTE
$ 0.00607829
0.00%
--
+2.49%
$ 376.76K
$ 1.33
44
Blend
Blend
BLND
$ 0.00552881
+0.31%
-0.02%
+21.58%
$ 371.21K
$ 3.41K
45
LO0P
LO0P
LO0P
$ 0.314743
+0.02%
-0.02%
+1.33%
$ 314.75K
$ 129.85
46
Celsius Network
Celsius Network
CEL
$ 0.00588214
+0.08%
-0.12%
+25.91%
$ 210.14K
$ 1.42K
47
BendDAO
BendDAO
BEND
$ 3.815E-5
+0.10%
0.00%
-22.52%
$ 157.27K
--
48
Pledge Finance
Pledge Finance
PLG
$ 0.00012481
+0.06%
+0.28%
-9.14%
$ 124.71K
$ 5.18K
49
Alpaca Finance
Alpaca Finance
ALPACA
$ 0.00077738
+0.42%
-0.02%
+2.36%
$ 117.90K
$ 211.33
50
dForce
dForce
DF
$ 0.00010024
+0.08%
--
-0.70%
$ 100.23K
$ 21.02

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.