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
$ 92.67
+0.11%
+0.79%
+3.08%
$ 1.42B
$ 1.31K
2
MORPHO
MORPHO
MORPHO
$ 1.9388
-0.97%
+1.77%
-2.57%
$ 982.11M
$ 88.49K
3
Olympus
Olympus
OHM
$ 18.68
+0.59%
+0.01%
+0.21%
$ 279.01M
$ 35.28K
4
Maple Finance
Maple Finance
SYRUP
$ 0.17149
+0.08%
-0.91%
-5.28%
$ 203.97M
$ 340.81K
5
Compound
Compound
COMP
$ 17.5
+0.35%
+1.22%
+3.81%
$ 174.40M
$ 3.78K
6
Kamino
Kamino
KMNO
$ 0.01777
-0.11%
+0.96%
-2.68%
$ 86.13M
$ 3.04M
7
Quantix Finance
Quantix Finance
QFI
$ 58.804
-0.26%
+0.24%
-0.42%
$ 58.82M
$ 4.12K
8
Euler Finance
Euler Finance
EUL
$ 2.1242
+0.97%
+85.71%
+136.62%
$ 53.66M
$ 484.31K
9
Venus
Venus
XVS
$ 2.953
+0.74%
-1.62%
+7.28%
$ 48.26M
$ 30.98K
10
Spark
Spark
SPK
$ 0.01667
-0.12%
-0.89%
-1.24%
$ 46.92M
$ 3.23M
11
Zest Protocol
Zest Protocol
ZEST
$ 0.24758
-0.01%
-0.89%
+17.41%
$ 36.13M
$ 263.40K
12
Dogelon Mars
Dogelon Mars
ELON
$ 0.00000003109
-0.03%
-2.02%
-4.54%
$ 31.06M
$ 2.91T
13
deBridge
deBridge
DBR
$ 0.01469
+0.07%
-2.13%
-14.68%
$ 28.29M
$ 3.61M
14
CoinDepo
CoinDepo
COINDEPO
$ 0.10074
+0.11%
+1.60%
+18.67%
$ 25.14M
$ 3.42M
15
Lista DAO
Lista DAO
LISTA
$ 0.04847
-2.70%
+6.02%
+3.54%
$ 19.60M
$ 1.73M
16
EVAA Protocol
EVAA Protocol
EVAA
$ 0.9056
-1.68%
-4.51%
+11.29%
$ 16.19M
$ 251.43K
17
Yei Finance
Yei Finance
CLO
$ 0.12479
-1.06%
-0.68%
-13.42%
$ 16.11M
$ 1.17M
18
Moonwell
Moonwell
WELL
$ 0.00315881
-0.90%
-0.02%
-7.06%
$ 14.31M
$ 995.00K
19
BENQI
BENQI
QI
$ 0.00141912
+1.86%
+0.36%
+25.93%
$ 10.22M
$ 13.50M
20
Dolomite
Dolomite
DOLO
$ 0.0224
+0.45%
+3.68%
+4.84%
$ 9.95M
$ 2.37M
21
Abelian
Abelian
ABEL
$ 0.07924
-0.16%
-3.23%
-5.99%
$ 9.34M
$ 173.76K
22
Wise
Wise
WISE
$ 0.102736
+0.01%
+0.02%
+5.25%
$ 8.89M
$ 169.95
23
NAVI Protocol
NAVI Protocol
NAVX
$ 0.008296
-0.04%
+0.37%
-22.92%
$ 6.73M
$ 6.54M
24
Xauras
Xauras
XRS
$ 0.02977673
-0.01%
0.00%
-0.02%
$ 6.66M
$ 16.54K
25
HyperLend
HyperLend
HPL
$ 0.01281629
+0.17%
+0.00%
-3.40%
$ 5.11M
$ 6.82K
26
Gearbox
Gearbox
GEAR
$ 0.00040903
0.00%
+0.01%
-10.45%
$ 4.09M
$ 108.32
27
Suilend
Suilend
SEND
$ 0.05166
+0.03%
+0.02%
+1.63%
$ 3.76M
$ 770.58
28
Liqwid Finance
Liqwid Finance
LQ
$ 0.168143
-0.18%
+0.04%
-11.93%
$ 3.41M
$ 75.27
29
Avalon
Avalon
AVL
$ 0.02033
+0.05%
+0.15%
-2.68%
$ 3.29M
$ 2.75M
30
Goldfinch
Goldfinch
GFI
$ 0.03547
+0.08%
-6.33%
-11.01%
$ 3.11M
$ 1.70M
31
Blend
Blend
BLND
$ 0.04022345
-0.07%
+0.01%
+4.29%
$ 1.42M
$ 8.04K
32
Reservoir
Reservoir
DAM
$ 0.005445
-3.83%
+0.67%
+74.54%
$ 1.38M
$ 188.25K
33
Scallop
Scallop
SCA
$ 0.0083
0.00%
-3.53%
-9.89%
$ 1.32M
$ 246.54K
34
Hatom
Hatom
HTM
$ 0.01566908
+0.01%
-0.01%
+3.45%
$ 1.27M
$ 1.50K
35
TrueFi
TrueFi
TRU
$ 0.00089107
+1.06%
-0.01%
-15.73%
$ 1.12M
$ 22.06K
36
MEZO
MEZO
MEZO
$ 0.00979
0.00%
-2.20%
-10.60%
$ 840.97K
$ 5.91M
37
Radiant Capital
Radiant Capital
RDNT
$ 0.00058195
-0.64%
+0.01%
+4.09%
$ 836.27K
$ 436.27K
38
Seamless Protocol
Seamless Protocol
SEAM
$ 0.02045635
-0.53%
-0.58%
-56.94%
$ 832.29K
$ 24.84K
39
Nostra
Nostra
NSTR
$ 0.00558755
-0.01%
0.00%
-0.43%
$ 558.76K
$ 12.71
40
Celsius Network
Celsius Network
CEL
$ 0.01227683
+7.33%
+0.05%
+7.86%
$ 438.52K
$ 1.48K
41
Silo Finance
Silo Finance
SILO
$ 0.00061787
0.00%
--
0.00%
$ 378.27K
$ 9.18
42
DefiTuna
DefiTuna
TUNA
$ 0.00117455
+0.54%
+0.04%
-17.95%
$ 330.63K
$ 88.53
43
Notional Finance
Notional Finance
NOTE
$ 0.00581748
+0.01%
+0.00%
-11.51%
$ 273.59K
$ 96.48
44
LO0P
LO0P
LO0P
$ 0.204954
-0.02%
+0.02%
+2.14%
$ 204.94K
$ 968.71
45
dForce
dForce
DF
$ 0.00015119
-0.04%
+0.05%
-50.77%
$ 151.18K
$ 612.25
46
Pixie Dust
Pixie Dust
DUST
$ 0.050326
+0.52%
-0.01%
-10.98%
$ 138.30K
$ 3.15K
47
Neptune
Neptune
NEPT
$ 0.03007882
0.00%
+0.01%
-10.81%
$ 117.02K
$ 39.68
48
BendDAO
BendDAO
BEND
$ 2.727E-5
0.00%
-0.19%
+4.16%
$ 112.31K
--
49
Paystream
Paystream
PAYS
$ 0.03469999
0.00%
0.00%
-4.18%
$ 111.16K
$ 0.34
50
Pike Finance
Pike Finance
P
$ 0.00038258
0.00%
0.00%
-0.27%
$ 88.03K
$ 2.56

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.