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DeFi Giants Aave And Lido Smash Records With $170 Billion In Net Deposits

  • Decentralized finance (DeFi) giants Aave and Lido have surpassed $170 billion in net deposits, with Aave leading at $35.3 billion.
  • Aave and Lido dominate the DeFi ecosystem, accounting for nearly 50% of net deposits among the top 20 decentralized applications.
  • The total value locked (TVL) for Aave is $36.9 billion, while Lido holds $33.7 billion.
  • The DeFi space has seen a significant increase in protocol revenue, with Aave and Lido among the top revenue-generating applications.

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