Two Aave stablecoin backstops shrank $12.4 million as reward rates rose
Two tracked Ethereum V3 Umbrella stakes fell 9.7%, while their implied annualized reward run rate stayed near $2 million.
Sector
Lending/Borrowing Protocols
Lending/borrowing protocols allow users to offer crypto loans by staking their assets in them without the need for a bank account. Users are given rewards, usually in the form of the protocol’s native token.
$5.34BSector capitalization
+1.41%over 24 hours
$280.70MTraded in 24 hours
15Assets classified here
Reading a sector. Sector capitalization is the sum of its members’ market capitalizations. Members are assets CoinGecko classifies in this category; most assets belong to several categories, so sector totals overlap and must not be added together.
01
Constituents
| # | Asset | Price | 24h | 7d | Market cap | Value locked | Fees, annualized | MC / fees | From high |
|---|---|---|---|---|---|---|---|---|---|
| 1 |
 AaveAAVE
|
$147.26 | -1.89% | -9.38% | $2.27B | $18.06B | $467.32M | 5.1× | -77.74% |
| 2 |
 MorphoMORPHO
|
$2.47 | +6.47% | -0.86% | $1.73B | $11.11B | $270.41M | 6.4× | -40.80% |
| 3 |
 OlympusOHM
|
$19.58 | +0.30% | -1.39% | $292.44M | — | $1.77M | 166.0× | -98.62% |
| 4 |
 KaminoKMNO
|
$0.0387 | -0.89% | +7.57% | $224.10M | — | — | — | -84.40% |
| 5 |
 Maple FinanceSYRUP
|
$0.1866 | -3.96% | -23.05% | $217.85M | — | — | — | -71.43% |
| 6 |
 CompoundCOMP
|
$21.46 | +1.76% | -12.84% | $214.56M | — | — | — | -97.49% |
| 7 |
 CapCAP
|
$0.0699 | +4.95% | -41.33% | $109.09M | $228.61M | $5.92M | 18.8× | -42.13% |
| 8 |
 SparkSPK
|
$0.0191 | +0.35% | -10.45% | $64.43M | — | — | — | -89.65% |
| 9 |
 VenusXVS
|
$2.94 | +1.10% | -6.45% | $49.65M | — | — | — | -98.00% |
| 10 |
 FOLKSFOLKS
|
$2.35 | +9.78% | +7.78% | $42.18M | — | — | — | -95.20% |
| 11 |
 COINDEPOCOINDEPO
|
$0.1212 | +0.11% | +5.59% | $33.21M | — | — | — | -5.22% |
| 12 |
 Lista DAOLISTA
|
$0.0756 | +4.70% | -3.76% | $32.48M | — | — | — | -91.03% |
| 13 |
 EulerEUL
|
$1.14 | +1.14% | -19.44% | $27.45M | $291.39M | $20.66M | 1.4× | -92.77% |
| 14 |
 Zest ProtocolZEST
|
$0.1798 | +0.16% | +5.37% | $26.25M | — | — | — | -48.13% |
02
Sector coverage
Recent stories about assets in this sector. Each story appears on one sector page only, so sectors that share members still carry different coverage.
Aave V4 opens dollar-euro borrowing on Circle's Arc network
Aave V4's new feature could enhance euro liquidity in DeFi, testing risk management and potentially influencing stablecoin market dynamics.
Lido plans Morpho Blue fork ‘Lido Lend' for new lending protocol in Q4 2026
Lido's entry into lending could enhance DeFi's appeal to passive investors, but governance and risk management will be critical challenges.
Wintermute launches Armitage vault curation business on Morpho
Wintermute's Armitage vault curation on Morpho could reshape crypto lending by leveraging internal liquidation capabilities for enhanced risk management.
Compound Foundation accused of ‘misappropriating’ DAO funds
The Compound Foundation has been accused of misusing funds to boost its voting power on two key proposals.