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
$ 88.15
+0.26%
-1.30%
-0.37%
$ 1.36B
$ 2.06K
2
MORPHO
MORPHO
MORPHO
$ 2.0181
-0.66%
-6.49%
+3.40%
$ 1.01B
$ 48.27K
3
Olympus
Olympus
OHM
$ 18.19
-0.05%
-0.00%
-3.30%
$ 271.83M
$ 146.00K
4
Maple Finance
Maple Finance
SYRUP
$ 0.15803
-0.06%
-3.35%
+4.51%
$ 187.05M
$ 497.12K
5
Compound
Compound
COMP
$ 17.73
+0.23%
+0.28%
+9.36%
$ 177.60M
$ 4.24K
6
Kamino
Kamino
KMNO
$ 0.01871
-0.74%
+4.23%
+2.69%
$ 90.59M
$ 3.20M
7
Quantix Finance
Quantix Finance
QFI
$ 50.688
+0.05%
+2.71%
-4.68%
$ 50.76M
$ 511.61
8
Venus
Venus
XVS
$ 2.7992
-0.02%
+2.98%
+5.12%
$ 45.94M
$ 19.52K
9
Spark
Spark
SPK
$ 0.0131
+0.08%
-3.11%
-7.50%
$ 36.59M
$ 4.28M
10
deBridge
deBridge
DBR
$ 0.01587
+1.09%
+6.14%
+4.87%
$ 30.28M
$ 3.59M
11
Euler Finance
Euler Finance
EUL
$ 1.2467
+0.55%
+5.94%
+7.90%
$ 29.01M
$ 58.28K
12
CoinDepo
CoinDepo
COINDEPO
$ 0.11211
0.00%
-0.58%
+0.16%
$ 28.06M
$ 3.13M
13
Dogelon Mars
Dogelon Mars
ELON
$ 0.00000002707
+0.11%
+1.35%
+3.63%
$ 27.07M
$ 3.45T
14
Lista DAO
Lista DAO
LISTA
$ 0.06215
-0.31%
+3.40%
+2.68%
$ 25.10M
$ 1.04M
15
Zest Protocol
Zest Protocol
ZEST
$ 0.14029
+0.54%
-2.15%
-6.09%
$ 20.52M
$ 757.47K
16
Yei Finance
Yei Finance
CLO
$ 0.12845
+0.28%
-14.95%
+9.77%
$ 15.61M
$ 4.01M
17
EVAA Protocol
EVAA Protocol
EVAA
$ 0.7682
-0.06%
-1.06%
-5.78%
$ 13.73M
$ 103.10K
18
Moonwell
Moonwell
WELL
$ 0.00288176
+0.09%
+0.02%
-0.47%
$ 13.05M
$ 685.08K
19
Dolomite
Dolomite
DOLO
$ 0.02252
+1.40%
-1.32%
+1.04%
$ 9.91M
$ 3.10M
20
Wise
Wise
WISE
$ 0.104922
+0.05%
+0.02%
+2.78%
$ 9.12M
$ 445.24
21
BENQI
BENQI
BENQI
$ 0.001265
+0.08%
+1.20%
-5.11%
$ 9.09M
$ 41.52M
22
Abelian
Abelian
ABEL
$ 0.05846
-0.12%
-4.69%
-2.82%
$ 6.89M
$ 186.21K
23
Xauras
Xauras
XRS
$ 0.02978377
0.00%
0.00%
+0.02%
$ 6.66M
$ 14.54K
24
Avalon
Avalon
AVL
$ 0.01530653
+0.25%
-0.00%
-4.69%
$ 5.94M
$ 263.21K
25
NAVI Protocol
NAVI Protocol
NAVX
$ 0.007235
+0.06%
+4.56%
-4.93%
$ 5.91M
$ 8.22M
26
Grove
Grove
GROVE
$ 0.00799097
+0.01%
-0.00%
-5.80%
$ 5.30M
$ 85.55K
27
Suilend
Suilend
SEND
$ 0.050181
+0.84%
+0.01%
+1.08%
$ 3.72M
$ 245.83
28
Liqwid Finance
Liqwid Finance
LQ
$ 0.180113
0.00%
--
+3.31%
$ 3.66M
$ 43.83
29
HyperLend
HyperLend
HPL
$ 0.01010072
0.00%
+0.03%
+3.65%
$ 3.38M
$ 24.48K
30
Gearbox
Gearbox
GEAR
$ 0.00031163
-0.03%
+0.03%
-2.43%
$ 3.12M
$ 371.86
31
Blend
Blend
BLND
$ 0.04164837
-0.07%
+0.01%
-4.38%
$ 2.80M
$ 1.48K
32
Goldfinch
Goldfinch
GFI
$ 0.02861
-0.56%
-3.96%
-7.70%
$ 2.49M
$ 1.93M
33
TrueFi
TrueFi
TRU
$ 0.0011185
-0.71%
+0.05%
+1.62%
$ 1.41M
$ 20.84K
34
Hatom
Hatom
HTM
$ 0.01603772
0.00%
-0.01%
+4.77%
$ 1.30M
$ 1.49K
35
Scallop
Scallop
SCA
$ 0.00417923
+10.48%
+0.15%
-9.92%
$ 679.62K
$ 104.29K
36
Radiant Capital
Radiant Capital
RDNT
$ 0.00046489
+0.36%
+0.17%
+16.40%
$ 668.03K
$ 174.39K
37
MEZO
MEZO
MEZO
$ 0.007032
+0.24%
-0.69%
-4.82%
$ 604.42K
$ 7.89M
38
Reservoir
Reservoir
DAM
$ 0.00223796
0.00%
-0.02%
-17.16%
$ 598.75K
$ 764.36
39
Nostra
Nostra
NSTR
$ 0.00550556
-0.04%
+0.01%
+2.66%
$ 550.54K
$ 10.48
40
DefiTuna
DefiTuna
TUNA
$ 0.00155651
+0.07%
+0.01%
+4.30%
$ 438.16K
$ 39.65
41
Seamless Protocol
Seamless Protocol
SEAM
$ 0.0098076
0.00%
+0.51%
-37.98%
$ 399.03K
$ 5.30K
42
Celsius Network
Celsius Network
CEL
$ 0.01095785
+0.03%
+0.03%
-2.70%
$ 391.40K
$ 172.22
43
Silo Finance
Silo Finance
SILO
$ 0.00061742
0.00%
--
0.00%
$ 377.99K
$ 9.10
44
Notional Finance
Notional Finance
NOTE
$ 0.00539468
0.00%
--
-1.74%
$ 334.39K
$ 6.80
45
LO0P
LO0P
LO0P
$ 0.270998
+0.32%
-0.06%
-24.58%
$ 270.98K
$ 10.08K
46
BendDAO
BendDAO
BEND
$ 3.009E-5
-0.17%
+6.20%
+5.91%
$ 123.94K
--
47
Pixie Dust
Pixie Dust
DUST
$ 0.04622909
0.00%
-0.05%
+23.48%
$ 123.20K
$ 2.60K
48
Alpaca Finance
Alpaca Finance
ALPACA
$ 0.00064862
-0.06%
+0.01%
+4.70%
$ 98.32K
$ 500.27
49
dForce
dForce
DF
$ 9.652E-5
-0.18%
+1.90%
+2.54%
$ 96.51K
--
50
Paystream
Paystream
PAYS
$ 0.02936642
0.00%
0.00%
-3.26%
$ 94.08K
$ 0.67

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.