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

AaveToken

AAVE

$ 111.71

-0.56%

-1.61%

-13.93%

$ 1.73B

$ 829.12

MORPHO

$ 1.9657

-0.76%

-1.99%

-6.13%

$ 1.11B

$ 29.73K

Olympus

OHM

$ 15.54

-1.08%

-0.00%

-9.70%

$ 232.03M

$ 216.22K

Compound

COMP

$ 19.34

-0.72%

-2.36%

-2.32%

$ 194.10M

$ 2.87K

Kamino

KMNO

$ 0.03048

+1.07%

-3.39%

-10.49%

$ 180.62M

$ 1.90M

Maple Finance

SYRUP

$ 0.11209

0.00%

-7.10%

-18.07%

$ 136.25M

$ 600.06K

Spark

SPK

$ 0.01556

-0.32%

-1.76%

-2.43%

$ 53.76M

$ 3.28M

Venus

XVS

$ 2.5268

-0.02%

-2.07%

-9.01%

$ 41.71M

$ 21.98K

Lista DAO

LISTA

$ 0.07337

-0.08%

-0.15%

-0.78%

$ 34.91M

$ 787.64K

CoinDepo

COINDEPO

$ 0.11698

+0.07%

-0.03%

+0.27%

$ 29.30M

$ 7.95M

deBridge

DBR

$ 0.01323

-0.45%

+0.61%

+1.07%

$ 25.44M

$ 4.15M

Euler Finance

EUL

$ 0.8896

-0.70%

+1.31%

-8.96%

$ 23.65M

$ 62.03K

Dogelon Mars

ELON

$ 0.00000002095

-0.38%

-3.75%

-14.87%

$ 21.03M

$ 3.48T

EVAA Protocol

EVAA

$ 1.0717

+0.16%

+0.15%

-17.21%

$ 19.20M

$ 67.40K

Zest Protocol

ZEST

$ 0.12078

-0.13%

+6.22%

-19.21%

$ 17.64M

$ 507.00K

Teller

DEBIT

$ 0.735414

-0.50%

-0.06%

-37.14%

$ 12.67M

$ 3.68M

BENQI

$ 0.001719

-1.55%

-2.28%

-2.39%

$ 12.35M

$ 31.72M

Wise

WISE

$ 0.104856

-0.35%

-0.04%

-13.25%

$ 9.28M

$ 11.22K

Abelian

ABEL

$ 0.07299

+0.30%

-3.19%

-28.95%

$ 9.11M

$ 175.67K

Dolomite

DOLO

$ 0.02032

-0.15%

-1.26%

-6.55%

$ 9.01M

$ 2.76M

Yei Finance

CLO

$ 0.03228

+0.47%

-9.75%

-33.65%

$ 8.31M

$ 2.52M

Avalon

AVL

$ 0.01608785

+0.07%

+0.03%

-5.92%

$ 7.55M

$ 155.11K

NAVI Protocol

NAVX

$ 0.008402

-0.42%

+3.16%

-10.99%

$ 6.89M

$ 7.17M

Moonwell

WELL

$ 0.00149203

-0.68%

-0.01%

-14.99%

$ 6.76M

$ 101.08K

Xauras

XRS

$ 0.02978139

-0.01%

0.00%

+0.02%

$ 6.66M

$ 11.95K

Grove

GROVE

$ 0.00691148

-0.06%

+0.01%

-9.06%

$ 6.52M

$ 336.10K

Hatom

HTM

$ 0.050467

0.00%

-1.37%

$ 4.98M

$ 12.20K

Suilend

SEND

$ 0.051224

-0.07%

-0.00%

+1.89%

$ 3.87M

$ 481.70

Liqwid Finance

$ 0.174804

-1.23%

+0.02%

-6.61%

$ 3.55M

$ 1.90K

Gearbox

GEAR

$ 0.00033345

-0.82%

-0.05%

-25.51%

$ 3.33M

$ 1.91K

Goldfinch

GFI

$ 0.02929501

0.00%

+0.02%

-5.97%

$ 2.79M

$ 24.11K

HyperLend

HPL

$ 0.00647423

-0.13%

-0.11%

-47.41%

$ 2.67M

$ 28.27K

MEZO

$ 0.00387702

+1.28%

-0.02%

-16.36%

$ 1.94M

$ 352.76K

TrueFi

TRU

$ 0.00070835

-0.18%

-0.01%

-5.89%

$ 890.42K

$ 903.02

Scallop

SCA

$ 0.00459474

-0.07%

+0.01%

-6.71%

$ 811.51K

$ 28.67K

NetNet

NET

$ 151.06

+1.35%

-0.02%

-2.73%

$ 728.76K

$ 658.66K

Reservoir

DAM

$ 0.0025258

-0.40%

-0.13%

+31.00%

$ 713.64K

$ 1.49K

Radiant Capital

RDNT

$ 0.00042932

+0.20%

-0.01%

-4.92%

$ 616.89K

$ 20.79K

Blend

BLND

$ 0.00744884

-1.07%

-0.11%

+5.92%

$ 500.12K

$ 1.06K

Seamless Protocol

SEAM

$ 0.01066656

-0.01%

0.00%

-0.33%

$ 433.99K

$ 14.01

Nostra

NSTR

$ 0.00433554

0.00%

-8.57%

$ 433.55K

$ 385.40

Silo Finance

SILO

$ 0.00061742

0.00%

$ 377.99K

$ 9.10

Universal LayerBank Token

ULAB

$ 0.075374

0.00%

+0.01%

-1.34%

$ 284.64K

$ 6.09K

DefiTuna

TUNA

$ 0.00089969

0.00%

-0.08%

-37.36%

$ 253.26K

$ 386.15

Celsius Network

CEL

$ 0.00579301

-0.58%

-0.01%

-5.90%

$ 206.92K

$ 96.31

Notional Finance

NOTE

$ 0.00247731

0.00%

$ 153.55K

$ 29.72

LO0P

$ 0.106832

0.00%

-5.06%

$ 106.83K

$ 60.82

dForce

$ 0.00010132

0.00%

-6.12%

$ 101.31K

$ 55.71

Alpaca Finance

ALPACA

$ 0.00052719

-0.56%

-0.04%

-9.37%

$ 98.31K

$ 861.99

BendDAO

BEND

$ 2.181E-5

0.00%

-15.95%

$ 90.48K

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.

What is the primary utility of native tokens issued by lending and borrowing protocols?

How do flash loans differ from standard cryptocurrency borrowing practices?

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.

Top Lending & Borrowing Protocol Tokens by Market Capitalization

Tradable Crypto

Category

Lending/Borrowing Protocols

Smart Contract Platform

Layer 1 (L1)

Proof of Work (PoW)

Other Crypto

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Frequently Asked Questions

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