Aave and Lido, two leading DeFi protocols, have surpassed $70 billion in net deposits, accounting for 45.5% of the total $148 billion from the top 20 dApps. Lido leads in total value locked (TVL) with $33.8 billion, while Aave holds $34.3 billion in net deposits.
Revenue: Aave achieved $12.5 million (up 27.5%) and Lido reached $9.6 million (up 24%).
DeFi Market: Total TVL across the industry increased by 107%, reaching $185 billion, with record decentralized trading volume close to $380 billion in November.
Lending Market: Active loans peaked at $21 billion, contributing to strong growth for stablecoins, now at $210 billion.
