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

According to Deep Tide TechFlow news on December 25, CryptoSlate reported that TokenTerminal data shows that the total net deposits of the lending protocol Aave and the liquid staking protocol Lido first exceeded $70 billion in December (currently falling back to $67.37 billion). Among them, Aave ranks first with $34.3 billion, followed closely by Lido with $33.1 billion. The two major 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 with $20.6 billion. Over the past 30 days, Aave's revenue has grown by 27.5% to $12.5 million, while Lido's revenue has increased by 24% to $9.6 million. The total locked value in DeFi has grown by 107% to $185 billion in 2024, briefly surpassing $212 billion on December 16.