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
1
AaveToken
AaveToken
AAVE
$ 96.14
-0.09%
-0.11%
+1.78%
$ 1.48B
$ 6.47K
2
MORPHO
MORPHO
MORPHO
$ 2.1137
-0.13%
-0.88%
-1.53%
$ 1.03B
$ 42.74K
3
Maple Finance
Maple Finance
SYRUP
$ 0.25457
+0.07%
+0.15%
+3.79%
$ 302.82M
$ 284.95K
4
Olympus
Olympus
OHM
$ 19.25
0.00%
+0.04%
-0.36%
$ 287.89M
$ 78.75K
5
Compound
Compound
COMP
$ 23.03
-0.13%
-0.13%
-2.34%
$ 228.86M
$ 3.05K
6
Kamino
Kamino
KMNO
$ 0.02464
+0.20%
+1.65%
+8.73%
$ 112.50M
$ 4.04M
7
Spark
Spark
SPK
$ 0.03805
-0.08%
+0.26%
+7.52%
$ 101.97M
$ 1.71M
8
Mustang
Mustang
MUST
$ 0.499553
0.00%
0.00%
0.00%
$ 77.11M
$ 50.22
9
Quantix Finance
Quantix Finance
QFI
$ 60.993
+0.22%
+0.68%
+0.43%
$ 61.20M
$ 6.32K
10
Venus
Venus
XVS
$ 2.8253
-0.32%
+1.89%
+6.00%
$ 46.17M
$ 20.81K
11
Dogelon Mars
Dogelon Mars
ELON
$ 0.00000004004
-0.10%
+0.85%
+0.90%
$ 40.08M
$ 2.12T
12
Euler Finance
Euler Finance
EUL
$ 1.4432
-0.23%
-1.13%
+4.40%
$ 34.95M
$ 47.14K
13
Lista DAO
Lista DAO
LISTA
$ 0.09043
+0.26%
-0.24%
+0.78%
$ 32.81M
$ 674.26K
14
deBridge
deBridge
DBR
$ 0.01377
+0.15%
+1.33%
+0.88%
$ 26.46M
$ 4.24M
15
Moonwell
Moonwell
WELL
$ 0.0051279
+4.54%
+12.66%
+18.79%
$ 23.23M
$ 2.68M
16
CoinDepo
CoinDepo
COINDEPO
$ 0.07317
-0.25%
-0.30%
-0.12%
$ 18.32M
$ 1.73M
17
Yei Finance
Yei Finance
CLO
$ 0.13322
+3.29%
-5.00%
+9.16%
$ 17.20M
$ 974.68K
18
Dolomite
Dolomite
DOLO
$ 0.03703
-0.86%
+2.92%
+12.58%
$ 16.36M
$ 1.99M
19
Goldfinch
Goldfinch
GFI
$ 0.1828
-0.28%
+0.61%
-5.25%
$ 15.77M
$ 530.85K
20
BENQI
BENQI
QI
$ 0.00194436
+0.16%
+2.97%
+5.97%
$ 14.01M
$ 844.13K
21
EVAA Protocol
EVAA Protocol
EVAA
$ 0.7177
+0.53%
+0.52%
-4.55%
$ 12.77M
$ 503.62K
22
Save
Save
SAVE
$ 0.189869
-0.16%
-0.03%
-0.16%
$ 9.49M
--
23
Abelian
Abelian
ABEL
$ 0.07324
+0.08%
+1.20%
+0.39%
$ 8.31M
$ 167.17K
24
NAVI Protocol
NAVI Protocol
NAVX
$ 0.010078
-0.03%
+5.83%
+14.12%
$ 8.27M
$ 5.45M
25
HyperLend
HyperLend
HPL
$ 0.01473727
-0.37%
+1.33%
+4.39%
$ 5.62M
$ 4.80K
26
Suilend
Suilend
SEND
$ 0.08184
+0.02%
+0.33%
-3.85%
$ 5.61M
$ 662.24K
27
Avalon
Avalon
AVL
$ 0.02754
+0.11%
+2.00%
+1.29%
$ 4.46M
$ 1.99M
28
Seamless Protocol
Seamless Protocol
SEAM
$ 0.10302
-0.01%
+68.42%
+66.18%
$ 4.19M
$ 1.16M
29
Liqwid Finance
Liqwid Finance
LQ
$ 0.197777
-0.08%
-0.08%
+2.77%
$ 4.02M
$ 1.58K
30
Gearbox
Gearbox
GEAR
$ 0.00029963
-0.03%
+1.02%
+6.01%
$ 3.00M
$ 7.36K
31
Wise
Wise
WISE
$ 0.127731
-0.11%
+0.68%
+1.18%
$ 3.00M
$ 11.25K
32
Scallop
Scallop
SCA
$ 0.0182
0.00%
+7.69%
+8.33%
$ 2.85M
$ 85.45K
33
Radiant
Radiant
RDNT
$ 0.001812
+0.50%
-0.33%
+1.51%
$ 2.56M
$ 32.39M
34
DefiTuna
DefiTuna
TUNA
$ 0.00870498
-0.01%
-5.54%
-5.40%
$ 2.45M
$ 31.58K
35
Reservoir
Reservoir
DAM
$ 0.011358
+0.60%
+6.51%
+5.24%
$ 2.25M
$ 5.53M
36
TrueFi
TrueFi
TRU
$ 0.00142228
-1.34%
+6.33%
+5.95%
$ 1.78M
$ 154.08K
37
Blend
Blend
BLND
$ 0.050551
+0.01%
-0.94%
-0.31%
$ 1.78M
$ 2.69K
38
Nostra
Nostra
NSTR
$ 0.00705162
0.00%
-0.02%
+1.19%
$ 705.16K
$ 49.71
39
Celsius Network
Celsius Network
CEL
$ 0.01967965
-0.01%
+0.58%
+3.92%
$ 702.99K
$ 6.37K
40
Silo Finance
Silo Finance
SILO
$ 0.00107494
-0.90%
+10.46%
+17.71%
$ 657.80K
$ 243.50
41
Pixie Dust
Pixie Dust
DUST
$ 0.534858
-0.01%
+1.93%
-0.31%
$ 528.24K
$ 18.86K
42
Notional Finance
Notional Finance
NOTE
$ 0.00912783
+0.01%
+1.81%
+4.87%
$ 429.31K
$ 36.88
43
Paystream
Paystream
PAYS
$ 0.04560921
+0.01%
-0.42%
+14.46%
$ 404.44K
$ 251.30
44
dForce
dForce
DF
$ 0.00033067
0.00%
-0.40%
-7.14%
$ 330.65K
$ 1.31K
45
Hatom
Hatom
HTM
$ 0.01671
-0.06%
+4.24%
+8.30%
$ 278.51K
$ 3.26M
46
BendDAO
BendDAO
BEND
$ 3.673E-5
+0.99%
+3.04%
+3.55%
$ 150.31K
--
47
Neptune
Neptune
NEPT
$ 0.03812966
-0.09%
-2.10%
+3.05%
$ 147.27K
$ 337.03
48
Pike Finance
Pike Finance
P
$ 0.0004638
+0.01%
+0.38%
+0.09%
$ 106.71K
$ 25.98
49
Alpaca Finance
Alpaca Finance
ALPACA
$ 0.00053726
-0.13%
+1.63%
+3.46%
$ 81.50K
$ 2.53K
50
Mendi Finance
Mendi Finance
MENDI
$ 0.00042019
+0.01%
-0.10%
-0.23%
$ 23.26K
$ 30.03

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.

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.