Any reputable exchange that lend DEFI tokens??

[wtsimis]

I saw many global exchangers are now starting the Lending/Borrowing option with a decent interest rate. But most of them have only a few coins, those are in the top 100 coins list.
Is there any platform that have a Lending/Borrowing option in various DEFI tokens?
I saw the kucoin lending option, they have only like 200 coins on the list, I also saw the MEXC exchange where they have various DEFI tokens but higher interest rates.
Is there any exchange or reputable platform with certix adutied that provides lending/borrowing service with a decent interest rate?

[mk4]

Highly unlikely for you to have lending for the low cap tokens; obviously due to the volatility. And as much as possible, you want less volatility for lower chances of liquidation.

[jackg]

I think defi lending is quite expensive now (potentially for the liquidators because of gas fees for eth) so you'll probably not get anything other than high caps on a trusted/large service.

Most things that are leant are done specifically because they have better stability and market volume/liquidity - with lower levels of those both you and the exchange end up risking too much.

[tbct_mt2]

Get them in [BIG LIST] Crypto Assets for Staking + Staking Providers !!!. Staking providers with 2 parts

I don't understand why do you need exchanges for that? DeFi means you can borrow and lend on it already. It is not good to go from decentralized to centralized platforms just because of lending.

[so98nn]

Good that someone is finding new ways of earning some passive income.

Well I am currently testing out CakeDEFI for their lending and staking sections. Currently they are able to Lend for following coins:

Bitcoin Lending (Expected APY 6%)
ETH Lending (Expected APY 6%)
USDC Lending (Expected APY 7%)
USDT Lending (Expected APY 7%)

How the lending section works on the CAKE has been clearly sorted out for each of the above coins.
For example, if you gonna do it with the bitcoin then you can see the following illustration which I have quoted directly from website itself:

They have segregated the returns based on the market price change, the amount you invest with the tier at which you are and spot pricing factors. I advise you to go through the use case properly to understand what you gonna get in return for your money.

Illustrations
For illustrative purposes, say a Lending batch provides the following:

Guaranteed BTC return of 5% BTC p.a.
Bonus BTC return of 2.5% BTC p.a. if BTC spot price at batch expiry is US$12,500 or more.
E.g. Spot price at batch start date is US$10,000.

A user enters with 10 BTC.

Sample scenario 1: Bitcoin price stays relatively consistent throughout the batch period
Spot price at batch expiry is US$10,500 (+ US$500 compared to start price)

Return would thus be 5% p.a. in BTC.

Said user would thus be receiving:

10 BTC (entry amount)
0.0374982 BTC (BTC return at 5% p.a.)
Therefore, total amount received would be: 10.0374982 BTC

Sample scenario 2: Bitcoin is priced lower at batch expiry
Spot price at batch expiry is US$2,500 (- US$7,500 compared to start price)

As Lending provides a guaranteed base return, user return would still be 5% p.a. in BTC.

Said user would thus be receiving:

10 BTC (entry amount)
0.0374982 BTC (BTC return at 5% p.a.)
Therefore, total amount received would be: 10.0374982 BTC

Sample scenario 3: Bitcoin is priced higher and hits a bonus tier
Spot price at batch expiry is US$13,000 (+ US$3,000 compared to start price)

Base return would be 5% p.a. in BTC.
As BTC closes at US$13,000, which satisfies the condition for bonus tier (i.e. US$12,500 or higher) additional return would be 2.5% p.a. in BTC.

Total return would thus be: 7.5% p.a.

Said user would thus be receiving:

10 BTC (entry amount)
0.0374982 BTC (BTC return at 5% p.a.)
Bonus 0.01896023 BTC (Bonus BTC return at 2.5% p.a.)
Therefore, total amount received would be: 10.05645843 BTC

Now they do claim there is guaranteed returns on your lending amount however it is guaranteed for the base returns.
I have actually ended up with CAKE Defi because I am in need of money, so got to know about this lending services.

I would suggest you to learn the website before you go ahead. Though Trustpilot has claimed the service is legit, you are requested to have your own research.

KYC is mandatory on this project.

[GreatArkansas]

I saw many global exchangers are now starting the Lending/Borrowing option with a decent interest rate. But most of them have only a few coins, those are in the top 100 coins list.
(....)

Are you only limited to centralized exchange?
I suggest you try such a decentralized platform that is deployed on other chains just like Solana, which is more decentralized, and to avoid undergoing KYC, there are a lot of disadvantages to using centralized exchanges.
So I will suggest Solend/Apricot/Francium on the Solana network, I already tried these platforms.

[YOSHIE]

Is there any exchange or reputable platform with certix adutied that provides lending/borrowing service with a decent interest rate?

have you ever tried to check Top 15 DeFi Lending Platforms (2022), And if, you haven't found the right one for you, just check on the web that I provided, who knows there are DeFi loans with lower interest rates than the platforms you know.

15 Platforms available there, I'm sure you'll be interested in one or two loan-based exchange platforms at the same time, hopefully the web can provide clues for you.

[Tumanggor]

kucoin and ftx is still in the top choice imo

I am quite active in using the loan features available on Kucoin and FTX, both of which provide convenience for borrowers and lenders

I suggest if you want to become a lender on the two exchanges above, choose the USDT token because it is more stable

[Odusko]

I saw many global exchangers are now starting the Lending/Borrowing option with a decent interest rate. But most of them have only a few coins, those are in the top 100 coins list.
Is there any platform that have a Lending/Borrowing option in various DEFI tokens?
I saw the kucoin lending option, they have only like 200 coins on the list, I also saw the MEXC exchange where they have various DEFI tokens but higher interest rates.
Is there any exchange or reputable platform with certix adutied that provides lending/borrowing service with a decent interest rate?

Why not try,binance, or xcoin .Binance interest rate is  8.90 per annual,it accepts various cryptocurrencies, there's no limit for deposit,u can deposit any amount as a borrower, likewise xcoin you can withdraw money at anytime.

[Accardo]

Recently, I found the Spherium Finance they have the lending services with some newly integrated features like no charges for security and lenders communicating with borrowers on their site. But, the main thing is that they are under decentralized finance and you must deposit the equivalent of what you want to borrow as collateral.

[mk4]

kucoin and ftx is still in the top choice imo

I am quite active in using the loan features available on Kucoin and FTX, both of which provide convenience for borrowers and lenders

I suggest if you want to become a lender on the two exchanges above, choose the USDT token because it is more stable

Why not try,binance, or xcoin .Binance interest rate is  8.90 per annual,it accepts various cryptocurrencies, there's no limit for deposit,u can deposit any amount as a borrower, likewise xcoin you can withdraw money at anytime.

OP said: "But most of them have only a few coins, those are in the top 100 coins list."

So I assume OP is looking for lending the less-liquid coins. Whereas these exchanges only accept lending only on specific coins — most(if not all) of which are in the top 100.