DeFi Milestone: Aave & Lido Surpass $70B in Net Deposits!

December Highlights:

  • Aave and Lido collectively hit a record $70B in net deposits, showcasing DeFi's remarkable growth in 2024.

  • Aave: Leads with $34.3B in deposits, $1.1B ahead of Lido.

  • Lido: Dominates in Total Value Locked (TVL) with $33.8B, compared to Aave’s $20.6B.

💡 What’s Driving DeFi Growth?

  • Revenue Boom:

    • Aave: $12.5M revenue in the past 30 days (+27.5%).

    • Lido: $9.6M monthly revenue (+24%).

  • TVL Resurgence:

    • Total DeFi TVL peaked at $212B on Dec. 16, surpassing the $200B milestone for the first time.

    • 2024 TVL growth: +107%, now at $185B.

  • Decentralized Trading:

    • DEX trading volumes hit $380B in November, setting new records.

    • Decentralized vs. centralized exchange usage ratio reached 13.9% in October, near all-time highs.

📊 Lending & Stablecoins:

  • Active loans hit $21B, the highest monthly figure ever.

  • Stablecoin market size nears $200B, fueled by users leveraging crypto as collateral.

🎯 Why This Matters:
The DeFi ecosystem is maturing rapidly, with more users leveraging on-chain financial tools for lending, trading, and staking. Protocols like Aave and Lido are not only driving growth but reshaping the financial landscape.

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