Aave and Lido: Record Net Deposits in DeFi

user avatar

by Giorgi Kostiuk

2 years ago

Aave and Lido Finance have surpassed $70 billion in net deposits for the first time, representing 75.25% of the funds allocated to the top five decentralized applications.

Historical Achievement by Aave and Lido

According to Token Terminal, Aave has reached $34.3 billion in net deposits, taking the lead over Lido Finance with $33.4 billion. Together, these two protocols account for 45.5% of the total funds among the top 20 DeFi applications, amounting to $148 billion.

Overall Growth of the DeFi Sector

The DeFi sector overall has experienced growth, with year-to-date TVL rising by 107%. In December, TVL peaked at $212 billion, surpassing $200 billion for the first time.

Continued Growth in Revenue and Trading Volumes

AAVE's revenue over the last 30 days reached $12.5 million, growing by 27.5%, while LDO reached $9.6 million due to a platform growth of 24%. Trading volumes on decentralized exchanges reached nearly $380 billion in November.

Aave and Lido continue to show robust growth, solidifying their positions as leading protocols in the DeFi sector.

Tier I

Sector: #18291

Sealed Cache Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, caches will be stored in your inventory and can be opened with Keys.

Other news

Zoomex Launches World Trading Championship 2026 with Record Prize Pool

chest

Zoomex announces the launch of the World Trading Championship 2026 with a record prize pool of 5,000,000 USDT, featuring an expanded multi-asset competition format.

user avatarEmily Carter

Meta Platforms' Shares Surge Following AI Assistant Launch

chest

Meta Platforms' shares rose over 6% after the launch of its AI assistant, Muse, which helps users manage tasks and goals.

user avatarTomas Novak

Galaxy Announces $5 Million Funding for Bitcoin Quantum Security Research

chest

Galaxy announced up to $5 million in funding for Bitcoin quantum-security work, including developer grants, research, and an advisory council.

user avatarMaya Lundqvist

IonQ Launches Superion 256 Quantum Computer with Orders Open for 2027 Delivery

chest

IonQ has launched its Superion 256 quantum computer, opening orders for delivery in 2027.

user avatarKaterina Papadopoulou

Prediction Markets Show Shifts in Oil Price Expectations

chest

Prediction markets are reacting to oil price fluctuations, with traders speculating on whether crude will reach $120 or fall to $55 first.

user avatarAisha Farooq

Record Diesel Prices Hit Ahead of Midterm Elections

chest

Record diesel prices reached a high of 594 a gallon, raising concerns about consumer affordability ahead of the midterm elections.

user avatarLi Weicheng

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.