Data: Aave and Lido’s total net deposits exceeded $70 billion for the first time, accounting for 45.5% of the total deposits of the top 20 DeFi applications
According to data from TokenTerminal, the total net deposits of the lending protocol <Aave> and the liquid staking protocol <Lido> exceeded $70 billion for the first time in December (currently fallen back to $67.37 billion). <Aave> ranks first with $34.3 billion, followed by <Lido> with $33.1 billion. The two protocols account for 45.5% of the total deposits of the top 20 <DeFi> applications. In terms of total value locked (TVL), <Lido> leads the <DeFi> ecosystem with $33.8 billion, while <Aave> ranks second with $20.6 billion. Over the past 30 days, <Aave>'s revenue grew 27.5% to $12.5 million, and <Lido>'s revenue grew 24% to $9.6 million. The total TVL of <DeFi> has grown 107% to $185 billion by 2024, and briefly exceeded $212 billion on December 16.
