Aave and Lido’s total net deposits briefly exceeded $7 million
PANews on December 25th reported that according to CryptoSlate, based on data from <Token Terminal>, the net deposits of <Aave> and <Lido> exceeded $70 billion for the first time in December, currently falling back to $67.42 billion. <Aave> leads with $34.3 billion in deposits, only $1.1 billion higher than <Lido>. The two account for 45.5% of the total deposits ($ 148 billion) of the 20 largest <DeFi> applications.
However, in terms of TVL, <Lido> leads with $33.8 billion, while <Aave> ranks second with $20.6 billion. Net deposits represent the total amount deposited in <DeFi> protocols, excluding fees and synthetic tokens, while TVL is the total amount allocated to all assets.
In addition, <Lido> and <Aave> are among the highest-earning <DeFi> applications. Over the past 30 days, <Aave>'s revenue has grown by 27.5% to $12.5 million, making it the 10th largest protocol. At the same time, <Lido>'s monthly revenue is $9.6 million, with a growth rate of 24%, making it the 12th highest-earning <DeFi> application.
