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

$ 130.99

+0.21%

+1.79%

-2.50%

$ 2.02B

$ 868.07

MORPHO

$ 2.1162

-0.96%

+1.29%

-10.90%

$ 1.13B

$ 30.18K

Olympus

OHM

$ 17.17

-0.06%

-0.00%

-9.39%

$ 256.55M

$ 118.65K

Kamino

KMNO

$ 0.03471

+0.15%

+1.47%

+4.39%

$ 204.26M

$ 1.71M

Compound

COMP

$ 20.05

+0.20%

+3.60%

-1.90%

$ 201.70M

$ 2.92K

Maple Finance

SYRUP

$ 0.14515

-0.07%

+2.29%

-10.02%

$ 173.01M

$ 494.56K

Spark

SPK

$ 0.01629

+0.12%

+1.30%

-6.62%

$ 50.48M

$ 3.14M

Venus

XVS

$ 2.8205

+0.02%

+3.01%

-0.62%

$ 46.47M

$ 19.88K

Lista DAO

LISTA

$ 0.07415

+0.17%

+2.56%

-5.48%

$ 35.20M

$ 737.21K

CoinDepo

COINDEPO

$ 0.11751

-0.04%

+0.73%

-2.74%

$ 29.41M

$ 2.00M

Euler Finance

EUL

$ 1.0141

+0.25%

+3.55%

-10.30%

$ 25.69M

$ 52.75K

Dogelon Mars

ELON

$ 0.00000002525

-0.12%

+0.60%

-1.80%

$ 25.02M

$ 3.21T

deBridge

DBR

$ 0.01297

+0.15%

+1.88%

-5.52%

$ 25.02M

$ 4.95M

EVAA Protocol

EVAA

$ 1.3464

-0.84%

+6.12%

-2.95%

$ 24.30M

$ 176.46K

Zest Protocol

ZEST

$ 0.15236

+0.14%

-1.22%

-15.04%

$ 22.30M

$ 492.86K

Teller

DEBIT

$ 0.916722

+0.24%

-0.04%

-12.69%

$ 15.80M

$ 3.31M

Abelian

ABEL

$ 0.11112

+0.14%

+6.75%

-17.91%

$ 13.69M

$ 197.68K

BENQI

$ 0.001755

+0.57%

+2.98%

-4.18%

$ 12.70M

$ 32.58M

Yei Finance

CLO

$ 0.04754

-0.06%

+4.87%

-7.14%

$ 12.37M

$ 1.73M

Wise

WISE

$ 0.120671

-0.09%

-0.01%

-1.85%

$ 10.69M

$ 1.71K

Dolomite

DOLO

$ 0.02242

+0.76%

+3.58%

-4.41%

$ 9.96M

$ 2.79M

Moonwell

WELL

$ 0.00178462

+0.08%

+0.01%

-7.16%

$ 8.08M

$ 215.21K

NAVI Protocol

NAVX

$ 0.009568

+0.55%

+0.24%

+1.08%

$ 7.90M

$ 5.92M

Grove

GROVE

$ 0.00852456

+0.82%

+0.19%

+10.00%

$ 7.84M

$ 1.49M

Avalon

AVL

$ 0.01721461

-0.27%

-0.02%

-3.04%

$ 7.69M

$ 94.91K

Xauras

XRS

$ 0.02977673

0.00%

-0.06%

$ 6.66M

$ 11.95K

HyperLend

HPL

$ 0.01304344

-4.04%

+0.53%

+37.25%

$ 5.36M

$ 171.03K

Hatom

HTM

$ 0.053404

0.00%

+0.03%

+4.83%

$ 5.27M

$ 3.36K

Gearbox

GEAR

$ 0.0004704

-0.10%

-0.01%

-5.21%

$ 4.70M

$ 956.05

Liqwid Finance

$ 0.190356

+0.96%

-0.03%

-16.59%

$ 3.87M

$ 6.67K

Suilend

SEND

$ 0.04990078

+0.08%

-0.00%

-4.35%

$ 3.77M

$ 95.44

Goldfinch

GFI

$ 0.03200714

-0.10%

+0.02%

-6.95%

$ 3.05M

$ 9.93K

MEZO

$ 0.00599403

+0.28%

+0.09%

-2.52%

$ 2.96M

$ 147.75K

TrueFi

TRU

$ 0.00075573

+0.01%

-0.02%

-1.64%

$ 949.97K

$ 4.13K

Scallop

SCA

$ 0.00498943

+0.05%

-0.00%

-3.73%

$ 880.53K

$ 21.62K

NetNet

NET

$ 155.95

-0.56%

+0.00%

-1.57%

$ 752.35K

$ 940.90K

Radiant Capital

RDNT

$ 0.00045982

+1.37%

+0.03%

-4.70%

$ 660.69K

$ 24.31K

Reservoir

DAM

$ 0.00195099

-1.59%

-0.12%

-35.23%

$ 551.24K

$ 674.52

Blend

BLND

$ 0.0071318

+0.13%

+0.02%

+5.79%

$ 478.87K

$ 931.60

Nostra

NSTR

$ 0.00472433

-0.09%

+0.02%

+0.27%

$ 472.43K

$ 422.99

Seamless Protocol

SEAM

$ 0.0106855

+0.52%

+0.00%

-0.83%

$ 434.74K

$ 64.38

DefiTuna

TUNA

$ 0.00146647

0.00%

-0.03%

-16.03%

$ 412.81K

$ 4.83K

Silo Finance

SILO

$ 0.00061742

0.00%

$ 377.99K

$ 9.10

Quantix Finance

QFI

$ 0.30968

0.00%

-0.03%

-96.07%

$ 309.68K

$ 8.63

Universal LayerBank Token

ULAB

$ 0.077363

0.00%

-0.00%

+4.32%

$ 287.12K

$ 8.40K

Celsius Network

CEL

$ 0.00630325

-0.08%

+0.04%

-4.26%

$ 225.13K

$ 193.73

Notional Finance

NOTE

$ 0.00246714

-0.09%

-4.42%

$ 152.92K

$ 29.60

BendDAO

BEND

$ 2.762E-5

-0.07%

0.00%

-8.06%

$ 114.51K

LO0P

$ 0.112522

0.00%

+0.00%

-2.14%

$ 112.52K

$ 47.90

Alpaca Finance

ALPACA

$ 0.00058069

+0.37%

+0.01%

-2.71%

$ 108.27K

$ 41.82

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

New Crypto

Frequently Asked Questions

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