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
$ 180.36
-0.05%
-0.53%
+21.63%
$ 2.80B
$ 1.65K
2
MORPHO
MORPHO
MORPHO
$ 2.7054
-0.62%
-1.09%
+10.89%
$ 1.45B
$ 33.11K
3
Maple Finance
Maple Finance
SYRUP
$ 0.25632
-0.71%
-0.61%
+13.39%
$ 303.90M
$ 433.47K
4
Olympus
Olympus
OHM
$ 20.25
-0.20%
+0.00%
+0.60%
$ 302.59M
$ 29.31K
5
Compound
Compound
COMP
$ 25.23
-0.90%
+1.08%
+7.83%
$ 253.50M
$ 2.35K
6
Kamino
Kamino
KMNO
$ 0.03977
-2.11%
-1.11%
-4.93%
$ 226.97M
$ 1.59M
7
Spark
Spark
SPK
$ 0.02477
-0.76%
-0.44%
+12.04%
$ 76.60M
$ 2.66M
8
Venus
Venus
XVS
$ 3.4227
-0.50%
-1.53%
+5.66%
$ 56.38M
$ 15.78K
9
Lista DAO
Lista DAO
LISTA
$ 0.08587
-0.84%
-2.21%
+3.37%
$ 40.58M
$ 677.54K
10
Teller
Teller
DEBIT
$ 2.18
-0.46%
-0.10%
+20.44%
$ 37.47M
$ 51.96M
11
deBridge
deBridge
DBR
$ 0.0193
+0.31%
+2.06%
-6.85%
$ 37.18M
$ 2.79M
12
Euler Finance
Euler Finance
EUL
$ 1.4537
-0.56%
+1.19%
+4.26%
$ 36.36M
$ 52.41K
13
Dogelon Mars
Dogelon Mars
ELON
$ 0.00000003317
-0.15%
+1.83%
+1.68%
$ 33.26M
$ 2.85T
14
CoinDepo
CoinDepo
COINDEPO
$ 0.11385
-0.14%
+0.04%
+6.39%
$ 28.50M
$ 3.10M
15
Zest Protocol
Zest Protocol
ZEST
$ 0.18561
-0.29%
-1.93%
+0.31%
$ 27.18M
$ 329.24K
16
BENQI
BENQI
BENQI
$ 0.002979
+0.13%
-0.96%
-10.00%
$ 21.58M
$ 22.41M
17
Quantix Finance
Quantix Finance
QFI
$ 19.074
-0.33%
+0.25%
+2.77%
$ 19.08M
$ 6.83K
18
Yei Finance
Yei Finance
CLO
$ 0.06303
-1.49%
+1.93%
+6.79%
$ 16.35M
$ 3.07M
19
Dolomite
Dolomite
DOLO
$ 0.0313
-0.22%
+1.49%
+5.31%
$ 13.84M
$ 2.19M
20
EVAA Protocol
EVAA Protocol
EVAA
$ 0.7667
-1.61%
+1.30%
+12.56%
$ 13.65M
$ 114.50K
21
Wise
Wise
WISE
$ 0.146787
-0.35%
+0.01%
+1.93%
$ 12.76M
$ 7.03K
22
NAVI Protocol
NAVI Protocol
NAVX
$ 0.014787
-0.05%
+4.08%
+19.56%
$ 12.09M
$ 4.19M
23
Moonwell
Moonwell
WELL
$ 0.00238522
+0.22%
+0.05%
+7.06%
$ 10.80M
$ 1.84M
24
Avalon
Avalon
AVL
$ 0.02254426
-0.19%
-0.00%
+4.10%
$ 9.19M
$ 150.99K
25
Liqwid Finance
Liqwid Finance
LQ
$ 0.414973
+0.08%
+0.14%
+15.54%
$ 8.43M
$ 2.50K
26
Abelian
Abelian
ABEL
$ 0.06692
+0.19%
-2.22%
+5.61%
$ 8.21M
$ 211.09K
27
Xauras
Xauras
XRS
$ 0.02980119
0.00%
0.00%
+0.01%
$ 6.66M
$ 13.11K
28
Gearbox
Gearbox
GEAR
$ 0.00065735
-0.28%
+0.02%
-8.03%
$ 6.58M
$ 10.91K
29
Grove
Grove
GROVE
$ 0.00790167
0.00%
+0.03%
+2.95%
$ 6.35M
$ 696.25K
30
HyperLend
HyperLend
HPL
$ 0.01203401
0.00%
-0.01%
-7.33%
$ 4.75M
$ 13.03K
31
Suilend
Suilend
SEND
$ 0.060946
-0.85%
+0.18%
-0.80%
$ 4.61M
$ 2.98K
32
Goldfinch
Goldfinch
GFI
$ 0.04365677
-4.50%
+0.15%
+6.70%
$ 4.15M
$ 297.14K
33
Hatom
Hatom
HTM
$ 0.03313374
0.00%
-0.00%
-0.08%
$ 3.14M
$ 6.55K
34
MEZO
MEZO
MEZO
$ 0.00415047
-0.13%
0.00%
+1.33%
$ 2.08M
$ 139.52K
35
Scallop
Scallop
SCA
$ 0.00789809
-0.26%
-0.08%
-36.87%
$ 1.30M
$ 51.02K
36
TrueFi
TrueFi
TRU
$ 0.00097838
-0.03%
+0.09%
+3.97%
$ 1.23M
$ 12.56K
37
NetNet
NetNet
NET
$ 239.38
+0.02%
-0.11%
-31.43%
$ 1.15M
$ 934.95K
38
DefiTuna
DefiTuna
TUNA
$ 0.00301264
-0.03%
+0.07%
+22.27%
$ 848.08K
$ 109.02
39
Reservoir
Reservoir
DAM
$ 0.0028703
+0.04%
+0.32%
+17.40%
$ 796.64K
$ 10.76K
40
Radiant Capital
Radiant Capital
RDNT
$ 0.00045305
+0.47%
+0.01%
-1.23%
$ 651.06K
$ 17.78K
41
Nostra
Nostra
NSTR
$ 0.00535473
0.00%
--
+0.85%
$ 535.47K
$ 140.48
42
Seamless Protocol
Seamless Protocol
SEAM
$ 0.012067
0.00%
-0.00%
-2.50%
$ 490.96K
$ 16.10
43
Blend
Blend
BLND
$ 0.00622595
-0.53%
+0.02%
+24.85%
$ 417.83K
$ 3.47K
44
Silo Finance
Silo Finance
SILO
$ 0.00061742
0.00%
--
0.00%
$ 377.99K
$ 9.10
45
Notional Finance
Notional Finance
NOTE
$ 0.00449579
0.00%
--
-28.60%
$ 278.67K
$ 582.01
46
Celsius Network
Celsius Network
CEL
$ 0.00629209
-0.27%
--
+2.08%
$ 224.75K
$ 88.13
47
BendDAO
BendDAO
BEND
$ 4.131E-5
0.00%
0.00%
+5.49%
$ 170.34K
--
48
LO0P
LO0P
LO0P
$ 0.159081
-0.28%
+0.01%
-50.34%
$ 159.07K
$ 1.71
49
Alpaca Finance
Alpaca Finance
ALPACA
$ 0.00076262
-0.58%
+0.02%
+2.17%
$ 142.19K
$ 189.76
50
dForce
dForce
DF
$ 0.00010503
0.00%
+0.01%
+3.19%
$ 105.02K
$ 135.51

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.