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
$ 94.64
-0.87%
+0.02%
+3.95%
$ 1.48B
$ 5.94K
2
MORPHO
MORPHO
MORPHO
$ 1.9971
-0.87%
-0.48%
-5.02%
$ 985.39M
$ 76.78K
3
Olympus
Olympus
OHM
$ 18.91
+0.42%
-0.65%
-2.07%
$ 283.62M
$ 78.23K
4
Maple Finance
Maple Finance
SYRUP
$ 0.23014
-0.60%
-3.86%
-3.50%
$ 277.80M
$ 234.45K
5
Compound
Compound
COMP
$ 22.68
-0.95%
-2.97%
-1.84%
$ 228.26M
$ 3.25K
6
Kamino
Kamino
KMNO
$ 0.02333
0.00%
-4.97%
+4.10%
$ 107.14M
$ 3.21M
7
Spark
Spark
SPK
$ 0.0339
-0.35%
+0.47%
-6.06%
$ 91.17M
$ 1.94M
8
Mustang
Mustang
MUST
$ 0.503016
+0.01%
+0.69%
+0.69%
$ 77.65M
$ 18.51
9
Quantix Finance
Quantix Finance
QFI
$ 60.615
-0.53%
-0.54%
+2.90%
$ 60.02M
$ 5.78K
10
Venus
Venus
XVS
$ 2.7029
-0.32%
+0.82%
+3.38%
$ 44.88M
$ 63.58K
11
Dogelon Mars
Dogelon Mars
ELON
$ 0.00000004002
0.00%
-0.97%
+2.51%
$ 39.92M
$ 2.40T
12
Euler Finance
Euler Finance
EUL
$ 1.5835
-0.17%
+2.17%
+12.00%
$ 37.46M
$ 52.39K
13
Lista DAO
Lista DAO
LISTA
$ 0.08691
-0.99%
-8.38%
+2.27%
$ 32.63M
$ 800.90K
14
deBridge
deBridge
DBR
$ 0.0141
+0.21%
+0.56%
+5.06%
$ 27.56M
$ 3.90M
15
Moonwell
Moonwell
WELL
$ 0.00450625
-0.96%
+0.31%
+4.91%
$ 20.44M
$ 1.86M
16
CoinDepo
CoinDepo
COINDEPO
$ 0.07332
0.00%
-1.49%
-0.39%
$ 18.31M
$ 926.12K
17
Goldfinch
Goldfinch
GFI
$ 0.178
-0.61%
-1.66%
-2.20%
$ 15.56M
$ 373.03K
18
Dolomite
Dolomite
DOLO
$ 0.03426
-1.20%
-8.30%
+4.97%
$ 15.21M
$ 2.03M
19
Yei Finance
Yei Finance
CLO
$ 0.11011
-2.26%
-0.46%
-15.83%
$ 14.12M
$ 925.29K
20
BENQI
BENQI
QI
$ 0.00180685
-2.24%
-2.20%
-1.42%
$ 13.03M
$ 1.15M
21
NAVI Protocol
NAVI Protocol
NAVX
$ 0.01418
+10.95%
+26.38%
+70.16%
$ 12.35M
$ 8.15M
22
EVAA Protocol
EVAA Protocol
EVAA
$ 0.5607
+2.91%
+0.63%
-21.18%
$ 10.78M
$ 271.49K
23
Save
Save
SAVE
$ 0.189869
--
-0.03%
--
$ 9.49M
--
24
Abelian
Abelian
ABEL
$ 0.07768
-0.06%
-0.23%
+11.03%
$ 9.13M
$ 179.02K
25
Suilend
Suilend
SEND
$ 0.08426
-0.05%
-2.52%
-0.71%
$ 5.79M
$ 635.25K
26
Avalon
Avalon
AVL
$ 0.03252
-2.60%
-5.92%
+28.34%
$ 5.62M
$ 1.48M
27
HyperLend
HyperLend
HPL
$ 0.01255845
-0.17%
-11.90%
-14.12%
$ 4.79M
$ 11.65K
28
Liqwid Finance
Liqwid Finance
LQ
$ 0.205441
-0.76%
-1.99%
+6.84%
$ 4.17M
$ 4.35K
29
Scallop
Scallop
SCA
$ 0.0222
0.00%
-6.53%
+37.13%
$ 3.59M
$ 68.53K
30
Gearbox
Gearbox
GEAR
$ 0.00029983
-0.17%
-1.11%
+5.16%
$ 3.00M
$ 11.03K
31
Seamless Protocol
Seamless Protocol
SEAM
$ 0.071624
-0.37%
+9.00%
+17.28%
$ 2.90M
$ 546.79K
32
Wise
Wise
WISE
$ 0.124221
+0.07%
-0.81%
-1.69%
$ 2.87M
$ 8.70K
33
Reservoir
Reservoir
DAM
$ 0.013678
+6.55%
+12.78%
+24.85%
$ 2.55M
$ 6.53M
34
Radiant
Radiant
RDNT
$ 0.0018
+1.35%
+0.84%
+1.06%
$ 2.55M
$ 30.81M
35
Blend
Blend
BLND
$ 0.050509
+0.13%
-0.32%
-0.04%
$ 1.78M
$ 1.70K
36
DefiTuna
DefiTuna
TUNA
$ 0.00628904
-0.42%
-10.28%
-31.67%
$ 1.77M
$ 48.73K
37
TrueFi
TrueFi
TRU
$ 0.00133427
+0.41%
-1.86%
-4.23%
$ 1.68M
$ 125.86K
38
Pixie Dust
Pixie Dust
DUST
$ 0.507069
-0.51%
-1.84%
-3.01%
$ 700.87K
$ 1.32K
39
Nostra
Nostra
NSTR
$ 0.00693217
-0.59%
-0.72%
-2.05%
$ 693.60K
$ 918.97
40
Celsius Network
Celsius Network
CEL
$ 0.01800091
-0.74%
-0.73%
-4.86%
$ 643.39K
$ 2.53K
41
Notional Finance
Notional Finance
NOTE
$ 0.00918913
0.00%
0.00%
+3.33%
$ 432.15K
$ 3.82
42
Paystream
Paystream
PAYS
$ 0.04543888
0.00%
-0.00%
+4.45%
$ 402.89K
$ 1.37
43
Silo Finance
Silo Finance
SILO
$ 0.00062334
-0.95%
-9.46%
-32.94%
$ 381.45K
$ 805.20
44
dForce
dForce
DF
$ 0.00033046
0.00%
+0.66%
+6.69%
$ 330.44K
$ 4.60
45
Hatom
Hatom
HTM
$ 0.01804
-0.77%
+1.18%
+17.80%
$ 300.01K
$ 2.96M
46
BendDAO
BendDAO
BEND
$ 3.553E-5
+0.23%
-0.14%
+2.19%
$ 145.58K
--
47
Neptune
Neptune
NEPT
$ 0.03475209
-3.29%
-7.55%
-8.47%
$ 135.29K
$ 2.41K
48
Pike Finance
Pike Finance
P
$ 0.00045933
0.00%
0.00%
-0.87%
$ 105.68K
$ 4.00
49
Alpaca Finance
Alpaca Finance
ALPACA
$ 0.0005514
-0.65%
+3.48%
+5.98%
$ 83.68K
$ 356.66
50
Mendi Finance
Mendi Finance
MENDI
$ 0.00040061
+0.24%
-4.61%
-5.09%
$ 22.18K
$ 329.22

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.