PANews reported on December 25 that according to CryptoSlate, based on data from Token Terminal, the net deposits of Aave and Lido exceeded $70 billion for the first time in December, and have now fallen back to $67.42 billion. Aave leads with $34.3 billion in deposits, only $1.1 billion more than Lido. The two account for 45.5% of the total deposits ($148 billion) of the 20 largest DeFi applications.
However, in terms of TVL, Lido leads with $33.8 billion, while Aave is second with $20.6 billion. Net deposits represent the total amount deposited in 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-earning DeFi applications. Over the past 30 days, Aave's revenue has grown by 27.5% to $12.5 million, making it the 10th largest protocol. Meanwhile, Lido's monthly revenue is $9.6 million, with a growth rate of 24%, making it the 12th highest-earning DeFi application.
