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
$ 148.45
+0.79%
+2.90%
+22.43%
$ 2.29B
$ 2.55K
2
MORPHO
MORPHO
MORPHO
$ 2.6231
+0.81%
+0.41%
+23.84%
$ 1.39B
$ 130.28K
3
Olympus
Olympus
OHM
$ 20.32
+0.15%
+0.01%
+0.94%
$ 303.14M
$ 251.93K
4
Maple Finance
Maple Finance
SYRUP
$ 0.22015
+0.68%
-1.57%
+11.82%
$ 263.67M
$ 718.90K
5
Compound
Compound
COMP
$ 23.08
+0.26%
+2.59%
+21.78%
$ 233.70M
$ 5.14K
6
Kamino
Kamino
KMNO
$ 0.03427
+0.80%
+0.59%
+30.66%
$ 191.12M
$ 2.76M
7
Spark
Spark
SPK
$ 0.02202
+0.27%
+1.42%
+21.50%
$ 68.31M
$ 3.04M
8
Venus
Venus
XVS
$ 3.3847
+0.09%
+2.13%
+14.21%
$ 55.51M
$ 18.12K
9
Lista DAO
Lista DAO
LISTA
$ 0.08725
-0.06%
+4.85%
+25.41%
$ 41.29M
$ 720.29K
10
Teller
Teller
DEBIT
$ 2.13
+1.91%
-0.04%
-17.12%
$ 36.62M
$ 6.47M
11
Dogelon Mars
Dogelon Mars
ELON
$ 0.00000003385
+0.83%
+1.28%
+12.35%
$ 33.97M
$ 2.68T
12
Euler Finance
Euler Finance
EUL
$ 1.3865
+0.17%
-1.91%
+9.02%
$ 33.73M
$ 107.36K
13
deBridge
deBridge
DBR
$ 0.01671
-0.18%
+0.06%
+7.08%
$ 32.01M
$ 3.23M
14
CoinDepo
CoinDepo
COINDEPO
$ 0.10534
-0.03%
+1.00%
-1.55%
$ 26.38M
$ 3.60M
15
Zest Protocol
Zest Protocol
ZEST
$ 0.16846
+0.65%
+12.41%
+35.40%
$ 24.77M
$ 656.72K
16
Quantix Finance
Quantix Finance
QFI
$ 18.537
0.00%
-0.98%
-5.06%
$ 18.54M
$ 0.35
17
EVAA Protocol
EVAA Protocol
EVAA
$ 0.7807
+2.57%
-4.61%
+76.49%
$ 13.88M
$ 234.55K
18
Dolomite
Dolomite
DOLO
$ 0.03042
+0.80%
+10.10%
+28.30%
$ 13.43M
$ 3.71M
19
Wise
Wise
WISE
$ 0.149001
-0.35%
-0.00%
+12.71%
$ 13.04M
$ 922.26
20
BENQI
BENQI
BENQI
$ 0.0015
+0.20%
+3.65%
+25.60%
$ 10.84M
$ 40.59M
21
Avalon
Avalon
AVL
$ 0.02449194
+0.69%
+0.05%
+19.22%
$ 9.98M
$ 763.82K
22
NAVI Protocol
NAVI Protocol
NAVX
$ 0.011848
+0.12%
-3.06%
+36.52%
$ 9.60M
$ 5.12M
23
Moonwell
Moonwell
WELL
$ 0.00204056
-0.93%
+0.01%
+10.02%
$ 9.24M
$ 114.16K
24
Abelian
Abelian
ABEL
$ 0.06642
+0.05%
-1.23%
+5.42%
$ 8.13M
$ 185.61K
25
Yei Finance
Yei Finance
CLO
$ 0.06056
+0.81%
-12.90%
-13.37%
$ 7.90M
$ 4.41M
26
Liqwid Finance
Liqwid Finance
LQ
$ 0.359662
+1.41%
+0.08%
+48.59%
$ 7.31M
$ 3.97K
27
Xauras
Xauras
XRS
$ 0.02980386
0.00%
0.00%
+0.06%
$ 6.66M
$ 13.15K
28
Grove
Grove
GROVE
$ 0.00816642
+1.01%
+0.05%
+8.05%
$ 6.37M
$ 149.03K
29
Gearbox
Gearbox
GEAR
$ 0.00062961
+0.36%
+0.48%
+72.74%
$ 6.30M
$ 96.59K
30
Suilend
Suilend
SEND
$ 0.071
+3.63%
-0.02%
+38.30%
$ 5.36M
$ 5.32K
31
HyperLend
HyperLend
HPL
$ 0.01226891
-0.22%
+0.01%
+18.81%
$ 4.83M
$ 25.92K
32
NetNet
NetNet
NET
$ 815.98
-1.45%
+0.19%
-5.64%
$ 3.93M
$ 3.84M
33
Hatom
Hatom
HTM
$ 0.03200996
0.00%
0.00%
+11.46%
$ 2.97M
$ 5.80
34
Goldfinch
Goldfinch
GFI
$ 0.03063875
0.00%
+0.01%
+12.57%
$ 2.92M
$ 45.18K
35
MEZO
MEZO
MEZO
$ 0.00457466
-0.74%
-0.06%
-7.00%
$ 2.29M
$ 105.70K
36
TrueFi
TrueFi
TRU
$ 0.00084434
+0.04%
-0.01%
-0.95%
$ 1.06M
$ 9.64K
37
Scallop
Scallop
SCA
$ 0.00484269
+0.20%
-0.05%
+18.87%
$ 792.94K
$ 43.01K
38
DefiTuna
DefiTuna
TUNA
$ 0.0026263
-4.36%
+0.02%
-16.24%
$ 739.30K
$ 1.64K
39
Radiant Capital
Radiant Capital
RDNT
$ 0.00048583
-0.37%
-0.01%
-6.06%
$ 698.11K
$ 48.50K
40
Reservoir
Reservoir
DAM
$ 0.00229627
0.00%
+0.28%
+34.27%
$ 637.32K
$ 8.35K
41
Nostra
Nostra
NSTR
$ 0.00537384
+0.15%
-0.04%
-9.14%
$ 537.38K
$ 2.60K
42
Seamless Protocol
Seamless Protocol
SEAM
$ 0.01266895
+0.04%
+0.05%
-0.46%
$ 515.46K
$ 638.01
43
Silo Finance
Silo Finance
SILO
$ 0.00061742
0.00%
--
0.00%
$ 377.99K
$ 9.10
44
Notional Finance
Notional Finance
NOTE
$ 0.00607829
0.00%
--
+2.49%
$ 376.76K
$ 1.33
45
Blend
Blend
BLND
$ 0.00554509
+0.93%
+0.08%
+25.16%
$ 372.31K
$ 3.40K
46
LO0P
LO0P
LO0P
$ 0.342749
+0.25%
-0.01%
+14.98%
$ 342.53K
$ 3.32K
47
Celsius Network
Celsius Network
CEL
$ 0.0061459
+0.12%
-0.02%
+5.01%
$ 219.52K
$ 1.26K
48
BendDAO
BendDAO
BEND
$ 4.002E-5
0.00%
0.00%
-18.72%
$ 165.02K
--
49
Alpaca Finance
Alpaca Finance
ALPACA
$ 0.00079008
+0.36%
-0.01%
+3.12%
$ 119.83K
$ 257.95
50
dForce
dForce
DF
$ 0.0001036
0.00%
-0.00%
+1.54%
$ 103.59K
$ 1.35

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.