Aave And Lido Surpass $70 Billion In Net Deposits
According to Odaily, data from TokenTerminal reveals that Aave and Lido have surpassed $70 billion in net deposits for the first time in December. As of the latest report, these two leading DeFi protocols collectively hold $67.42 billion in deposits. Aave leads with $34.3 billion, slightly ahead of Lido by $1.1 billion. Together, they account for 45.5% of the total deposits across the top 20 DeFi applications, which amount to $148 billion.
In terms of Total Value Locked (TVL), Lido is ahead with $33.8 billion, while Aave follows with $20.6 billion. Net deposits refer to the total amount deposited into DeFi protocols, excluding fees and synthetic tokens, whereas TVL represents the total value allocated to all assets.
Additionally, Lido and Aave rank among the highest-earning DeFi applications. Over the past 30 days, Aave's revenue increased by 27.5%, reaching $12.5 million, making it the tenth-largest protocol by revenue. Meanwhile, Lido's monthly revenue stands at $9.6 million, with a growth rate of 24%, securing its position as the twelfth-largest DeFi application by income.