🚀 𝘿𝙚𝙁𝙞 𝙏𝙞𝙩𝙖𝙣𝙨 𝘼𝙖𝙫𝙚 𝙖𝙣𝙙 𝙇𝙞𝙙𝙤 𝘽𝙧𝙚𝙖𝙠 𝙍𝙚𝙘𝙤𝙧𝙙𝙨 𝙬𝙞𝙩𝙝 $70 𝘽𝙞𝙡𝙡𝙞𝙤𝙣 𝙞𝙣 𝙉𝙚𝙩 𝘿𝙚𝙥𝙤𝙨𝙞𝙩𝙨! 💰

Aave and Lido have set a remarkable milestone, with their combined net deposits surpassing $70 billion as of December 2024. Aave leads the pack with $35.3 billion in net deposits, while Lido closely follows with $33.8 billion.

This achievement cements their dominance in the DeFi ecosystem, where they account for nearly 50% of the net deposits among the top 20 decentralized applications. Their total value locked (TVL) further underscores their strength, with $AAVE at $36.9 billion and $LDO at $33.7 billion.

The DeFi sector is also witnessing a significant rise in protocol revenue and fees. Monthly revenue has climbed to $219 million, marking a 128% increase since October. Aave and Lido remain top performers, with Aave’s revenue growing to $12.5 million and Lido’s to $9.6 million.

What do you think of Aave and Lido's growth? Can they sustain this momentum, or will new competitors challenge their lead?

𝑭𝒐𝒓 𝒅𝒂𝒊𝒍𝒚 𝒂𝒖𝒕𝒉𝒆𝒏𝒕𝒊𝒄 𝒏𝒆𝒘𝒔 𝒖𝒑𝒅𝒂𝒕𝒆𝒔, 𝒇𝒐𝒍𝒍𝒐𝒘, 𝒍𝒊𝒌𝒆, 𝒂𝒏𝒅 𝒔𝒉𝒂𝒓𝒆! 𝑻𝒉𝒂𝒏𝒌𝒔 𝒇𝒐𝒓 𝒓𝒆𝒂𝒅𝒊𝒏𝒈, 𝒂𝒏𝒅 𝒔𝒕𝒂𝒚 𝒕𝒖𝒏𝒆𝒅 𝒇𝒐𝒓 𝒎𝒐𝒓𝒆 𝒖𝒑𝒅𝒂𝒕𝒆𝒔 𝒂𝒏𝒅 𝒂𝒏𝒂𝒍𝒚𝒔𝒊𝒔.

Source: NullTX