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
$ 160.97
+0.39%
-3.59%
+17.87%
$ 2.48B
$ 5.64K
2
MORPHO
MORPHO
MORPHO
$ 2.576
+0.85%
+0.21%
-3.90%
$ 1.36B
$ 46.09K
3
Olympus
Olympus
OHM
$ 19.92
0.00%
-0.01%
-1.34%
$ 297.15M
$ 273.50K
4
Maple Finance
Maple Finance
SYRUP
$ 0.23429
+0.97%
-4.81%
+16.23%
$ 279.04M
$ 920.38K
5
Compound
Compound
COMP
$ 25.57
+0.39%
+2.49%
+9.65%
$ 255.60M
$ 4.38K
6
Kamino
Kamino
KMNO
$ 0.04298
+0.07%
-1.78%
+19.30%
$ 243.25M
$ 1.91M
7
Spark
Spark
SPK
$ 0.02419
+1.55%
+5.03%
+20.74%
$ 74.69M
$ 3.48M
8
Venus
Venus
XVS
$ 3.5286
+0.95%
+6.71%
+9.83%
$ 57.99M
$ 17.26K
9
Lista DAO
Lista DAO
LISTA
$ 0.08877
+0.96%
-0.27%
+11.96%
$ 41.80M
$ 870.96K
10
deBridge
deBridge
DBR
$ 0.01993
-0.60%
-3.33%
-1.57%
$ 38.53M
$ 3.01M
11
Euler Finance
Euler Finance
EUL
$ 1.4174
+0.71%
-0.97%
+2.74%
$ 34.30M
$ 44.85K
12
Dogelon Mars
Dogelon Mars
ELON
$ 0.00000003271
+0.15%
-1.77%
+0.65%
$ 32.61M
$ 2.49T
13
Teller
Teller
DEBIT
$ 1.83
0.00%
-0.00%
-11.17%
$ 31.50M
$ 51.09M
14
Zest Protocol
Zest Protocol
ZEST
$ 0.20601
-0.28%
+12.62%
+13.29%
$ 30.22M
$ 511.87K
15
CoinDepo
CoinDepo
COINDEPO
$ 0.10661
+0.10%
+0.97%
+0.31%
$ 26.70M
$ 3.85M
16
BENQI
BENQI
BENQI
$ 0.003004
-1.53%
-4.32%
+104.97%
$ 21.38M
$ 22.76M
17
Quantix Finance
Quantix Finance
QFI
$ 18.758
+0.39%
-0.49%
+4.92%
$ 18.71M
$ 8.09K
18
Dolomite
Dolomite
DOLO
$ 0.03096
+0.68%
+0.59%
+3.03%
$ 13.66M
$ 2.31M
19
Wise
Wise
WISE
$ 0.144617
-0.19%
-0.00%
+1.30%
$ 12.58M
$ 35.50K
20
EVAA Protocol
EVAA Protocol
EVAA
$ 0.6639
+0.11%
-0.96%
-4.96%
$ 11.85M
$ 100.12K
21
Moonwell
Moonwell
WELL
$ 0.00226461
+0.29%
-0.02%
+8.56%
$ 10.26M
$ 202.25K
22
NAVI Protocol
NAVI Protocol
NAVX
$ 0.01237
+0.97%
-0.64%
+13.57%
$ 10.08M
$ 4.70M
23
Avalon
Avalon
AVL
$ 0.02327571
+0.56%
+0.05%
+2.47%
$ 9.49M
$ 582.61K
24
Abelian
Abelian
ABEL
$ 0.06601
+10.85%
+5.80%
+8.36%
$ 8.09M
$ 381.00K
25
Yei Finance
Yei Finance
CLO
$ 0.06051
+0.07%
-0.12%
+1.30%
$ 7.84M
$ 1.54M
26
Liqwid Finance
Liqwid Finance
LQ
$ 0.377481
+0.38%
+0.01%
+9.06%
$ 7.67M
$ 885.72
27
Gearbox
Gearbox
GEAR
$ 0.00072324
+0.33%
+0.01%
+20.24%
$ 7.23M
$ 10.45K
28
Xauras
Xauras
XRS
$ 0.02979659
0.00%
0.00%
-0.01%
$ 6.66M
$ 13.62K
29
Grove
Grove
GROVE
$ 0.00753105
+0.64%
-0.01%
-3.03%
$ 6.05M
$ 261.02K
30
Suilend
Suilend
SEND
$ 0.058617
+0.02%
-0.14%
-7.37%
$ 4.43M
$ 5.26K
31
HyperLend
HyperLend
HPL
$ 0.01099324
-0.04%
-0.15%
-9.62%
$ 4.33M
$ 43.97K
32
Goldfinch
Goldfinch
GFI
$ 0.03955071
-1.09%
-0.04%
-28.77%
$ 3.77M
$ 191.30K
33
Hatom
Hatom
HTM
$ 0.03319347
+0.31%
-0.02%
+4.30%
$ 3.07M
$ 3.69K
34
NetNet
NetNet
NET
$ 454.42
-2.63%
+0.10%
-28.03%
$ 2.19M
$ 2.02M
35
MEZO
MEZO
MEZO
$ 0.00416357
+0.21%
-0.00%
-12.00%
$ 2.08M
$ 33.80K
36
Scallop
Scallop
SCA
$ 0.01139689
-8.73%
-0.14%
+137.78%
$ 1.87M
$ 257.64K
37
TrueFi
TrueFi
TRU
$ 0.00096991
+0.97%
+0.01%
+18.37%
$ 1.22M
$ 43.26K
38
DefiTuna
DefiTuna
TUNA
$ 0.00246545
0.00%
+0.00%
-8.69%
$ 694.02K
$ 761.35
39
Radiant Capital
Radiant Capital
RDNT
$ 0.0004541
+0.37%
-0.00%
-1.42%
$ 652.52K
$ 36.01K
40
Reservoir
Reservoir
DAM
$ 0.00217956
0.00%
-0.07%
+14.77%
$ 604.92K
$ 136.46
41
Nostra
Nostra
NSTR
$ 0.00530953
0.00%
--
+1.60%
$ 530.95K
$ 146.85
42
Seamless Protocol
Seamless Protocol
SEAM
$ 0.01224573
0.00%
-0.00%
-0.32%
$ 498.22K
$ 85.41
43
Silo Finance
Silo Finance
SILO
$ 0.00061742
0.00%
--
0.00%
$ 377.99K
$ 9.10
44
Blend
Blend
BLND
$ 0.00491116
+1.64%
-0.03%
-16.58%
$ 329.74K
$ 1.22K
45
Notional Finance
Notional Finance
NOTE
$ 0.00467928
+0.18%
-0.25%
-24.60%
$ 290.04K
$ 6.26K
46
Celsius Network
Celsius Network
CEL
$ 0.00617316
+0.36%
-0.01%
+1.21%
$ 220.53K
$ 429.61
47
BendDAO
BendDAO
BEND
$ 3.916E-5
0.00%
0.00%
+1.08%
$ 161.45K
--
48
LO0P
LO0P
LO0P
$ 0.157377
+0.14%
-0.51%
-51.74%
$ 157.32K
$ 99.63K
49
Alpaca Finance
Alpaca Finance
ALPACA
$ 0.00074765
+0.27%
0.00%
-3.21%
$ 139.40K
$ 146.22
50
dForce
dForce
DF
$ 0.0001053
+2.81%
--
+6.04%
$ 105.30K
$ 34.19

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.