The cumulative net deposit amount of Aave and Lido once exceeded 70 billion US dollars

According to data from TokenTerminal, Aave and Lido's net deposits in December exceeded $70 billion for the first time. As of press time, the two largest DeFi protocols hold a total of $67.42 billion in deposits. Aave leads with $34.3 billion in deposits, only $1.1 billion more than Lido. Together they account for 45.5% of the total deposits ($148 billion) across the top 20 DeFi applications. However, in terms of TVL (Total Value Locked), Lido leads with $33.8 billion while Aave is second with $20.6 billion.The net deposit refers to the total amount deposited into DeFi protocols excluding fees and synthetic tokens, whereas TVL represents the total value allocated to all assets.

In addition, Lido and Aave are among the highest earning DeFi applications.In the past 30 days,Aave's revenue has grown by 27.5%, reaching $12 million making it tenth largest protocol.Meanwhile,Lido's monthly income was at$9 million,a growth rate of24%,making it twelfth largest Defi application by revenue.