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

$ 154

+0.03%

+2.37%

+13.04%

$ 2.38B

$ 1.93K

MORPHO

$ 2.7108

-0.03%

-0.20%

+0.65%

$ 1.44B

$ 62.43K

Olympus

OHM

$ 20.2

-0.10%

-0.00%

+1.00%

$ 301.38M

$ 75.10K

Kamino

KMNO

$ 0.05

-0.24%

+21.68%

+56.27%

$ 281.15M

$ 2.12M

Maple Finance

SYRUP

$ 0.21997

-0.59%

+1.18%

+0.74%

$ 262.75M

$ 366.34K

Compound

COMP

$ 23.89

-0.08%

+0.46%

+7.21%

$ 239.30M

$ 3.03K

Spark

SPK

$ 0.02475

-2.39%

+6.22%

+18.64%

$ 76.94M

$ 3.66M

Venus

XVS

$ 3.3285

-0.35%

+0.54%

+5.93%

$ 54.74M

$ 17.13K

deBridge

DBR

$ 0.024

+1.43%

+6.36%

+50.78%

$ 46.35M

$ 2.44M

Lista DAO

LISTA

$ 0.08596

-0.61%

+1.59%

+6.08%

$ 40.51M

$ 640.19K

Euler Finance

EUL

$ 1.5049

+0.03%

+5.88%

+9.66%

$ 36.19M

$ 55.17K

Teller

DEBIT

$ 2.03

+0.50%

-0.02%

-7.73%

$ 34.92M

$ 36.08M

Dogelon Mars

ELON

$ 0.00000003317

-0.03%

+0.03%

+1.35%

$ 33.06M

$ 2.57T

CoinDepo

COINDEPO

$ 0.10774

-0.30%

+0.06%

+2.40%

$ 26.97M

$ 3.76M

Zest Protocol

ZEST

$ 0.17587

-0.18%

-3.70%

+20.28%

$ 25.63M

$ 356.27K

BENQI

$ 0.002851

-0.88%

-29.35%

+100.79%

$ 20.20M

$ 50.73M

Quantix Finance

QFI

$ 19.131

-0.12%

-0.21%

+0.44%

$ 19.08M

$ 8.57K

Dolomite

DOLO

$ 0.03205

-0.28%

+4.60%

+23.72%

$ 14.15M

$ 2.02M

Wise

WISE

$ 0.145747

-0.01%

-0.00%

+2.64%

$ 12.68M

$ 4.83K

EVAA Protocol

EVAA

$ 0.6836

-0.51%

-5.72%

+4.43%

$ 12.25M

$ 154.44K

Moonwell

WELL

$ 0.00236189

-3.04%

+0.12%

+22.07%

$ 10.70M

$ 526.97K

Avalon

AVL

$ 0.025809

+0.63%

+0.04%

+21.61%

$ 10.51M

$ 184.55K

NAVI Protocol

NAVX

$ 0.011524

-1.12%

-6.55%

+20.10%

$ 9.39M

$ 5.12M

Yei Finance

CLO

$ 0.06483

+1.57%

+22.30%

-4.92%

$ 8.53M

$ 4.18M

Gearbox

GEAR

$ 0.00081255

-0.02%

-0.00%

+104.61%

$ 8.13M

$ 48.08K

Abelian

ABEL

$ 0.06364

+0.36%

+3.03%

+0.44%

$ 7.82M

$ 209.10K

Liqwid Finance

$ 0.384268

-0.69%

+0.00%

+32.23%

$ 7.81M

$ 3.53K

Xauras

XRS

$ 0.02979987

0.00%

$ 6.66M

$ 13.78K

Grove

GROVE

$ 0.00782401

-0.01%

-0.00%

+3.43%

$ 6.11M

$ 117.08K

HyperLend

HPL

$ 0.01282669

+0.02%

-0.00%

+16.61%

$ 5.05M

$ 8.91K

Suilend

SEND

$ 0.059019

-0.03%

+0.11%

-4.57%

$ 4.46M

$ 4.88K

Goldfinch

GFI

$ 0.04464931

-0.29%

-0.01%

+47.73%

$ 4.25M

$ 225.50K

Hatom

HTM

$ 0.03435229

0.00%

-0.00%

+7.95%

$ 3.18M

$ 4.98K

NetNet

NET

$ 528.86

+1.12%

-0.06%

-24.20%

$ 2.55M

$ 3.57M

MEZO

$ 0.00428448

-0.39%

-0.05%

-11.08%

$ 2.14M

$ 205.84K

TrueFi

TRU

$ 0.00082178

0.00%

+0.01%

-1.94%

$ 1.03M

$ 2.91K

Scallop

SCA

$ 0.00521694

+0.09%

+0.03%

+11.00%

$ 853.67K

$ 63.13K

Reservoir

DAM

$ 0.00258665

-1.84%

+0.06%

+40.16%

$ 717.91K

$ 2.67K

DefiTuna

TUNA

$ 0.00253169

-8.11%

-0.18%

-12.80%

$ 712.66K

$ 268.60

Radiant Capital

RDNT

$ 0.00046152

-2.34%

+0.05%

-3.39%

$ 663.17K

$ 284.55K

Nostra

NSTR

$ 0.00530953

0.00%

-0.40%

$ 530.95K

$ 146.85

Seamless Protocol

SEAM

$ 0.01234919

-0.02%

+0.01%

+4.40%

$ 502.45K

$ 140.97

Notional Finance

NOTE

$ 0.00636567

0.00%

+4.73%

$ 394.57K

$ 1.03

Silo Finance

SILO

$ 0.00061742

0.00%

$ 377.99K

$ 9.10

Blend

BLND

$ 0.00483784

-1.21%

-0.13%

-10.92%

$ 324.82K

$ 6.84K

LO0P

$ 0.323445

-0.05%

-0.00%

-7.08%

$ 323.48K

$ 29.29

Celsius Network

CEL

$ 0.00619425

0.00%

-0.00%

-19.64%

$ 221.25K

$ 127.66

BendDAO

BEND

$ 3.874E-5

0.00%

+1.47%

$ 159.74K

Alpaca Finance

ALPACA

$ 0.00077017

-0.09%

+0.01%

-2.54%

$ 116.81K

$ 287.54

dForce

$ 0.00010332

-0.02%

+0.01%

+4.86%

$ 103.31K

$ 29.18

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)

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