PANews reported on December 25 that, according to CryptoSlate, Aave and Lido's net deposits in December exceeded $70 billion for the first time, currently falling back to $67.42 billion. Aave leads with $34.3 billion in deposits, just $1.1 billion higher than Lido. Together, they account for 45.5% of the total deposits of the 20 largest DeFi applications ($148 billion).
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 into 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-grossing DeFi applications. In the past 30 days, Aave's revenue increased by 27.5% to $12.5 million, making it the tenth largest protocol. Meanwhile, Lido's monthly revenue was $9.6 million, with a growth rate of 24%, ranking it as the 12th highest-grossing DeFi application.
