Aave and Lido's total net deposits first surpassed $70 billion, accounting for 45.5% of the total deposits of the top 20 DeFi applications

According to TechFlow news on December 25, as reported by CryptoSlate, TokenTerminal data shows that the total net deposits of the lending protocol Aave and the liquid staking protocol Lido first surpassed $70 billion in December (currently pulled back to $67.37 billion). Among them, Aave ranks first with $34.3 billion, followed closely by Lido with $33.1 billion. Together, 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, followed by Aave at $20.6 billion. In the past 30 days, Aave's revenue grew by 27.5% to $12.5 million, while Lido's revenue increased by 24% to $9.6 million. The total locked value in DeFi for 2024 has increased by 107% to $185 billion, peaking at over $212 billion on December 16.