Aave and Lido collectively surpass a TVL of over 70 billion US dollars, dominating the world of Decentralized Finance

According to TokenTerminal data, the two core Decentralized Finance protocols, Aave and Lido, broke through $70 billion in total locked value (TVL) in December for the first time, and continued to rise in revenue and market share, demonstrating a strong revival of the Decentralized Finance ecosystem. The Defillama top ten TVL currently has a total locked value of $547 billion for Aave and Lido, with Lido's $33.8 billion in deposits ranking first and Aave at $20.9 billion ranking second. The total locked value of these two protocols accounts for 45.5% of the total $148 billion in Decentralization applications. In terms of revenue, Aave and Lido performed well, both ranking high on the Decentralized Finance protocol revenue list. In the past 30 days, Aave's revenue grew 27.5% to $12.5 million, ranking tenth among protocols, while Lido's monthly revenue was $9.6 million, with a growth rate of 24%, ranking twelfth. Since 2024, the Decentralized Finance market has continued to recover, with outstanding performance in volume and loan markets. According to DefiLlama data, the total volume in November was close to $380 billion, with daily, weekly, and monthly volumes reaching new records. At the same time, The Block's report pointed out that the ratio of Decentralization exchange (DEX) to centralized exchange (CEX) volume reached 13.9% in October, the second-highest level in history. The active loan amount in December reached $21 billion, a new monthly record. According to Artemis data, the current Stable Coin market size is close to $200 billion, driven by active loans, users borrow Stable Coins using Cryptocurrency as collateral to increase capital liquidity and exposure to encryption assets. Related reports include: Can AI Agent become the next Decentralized Finance Summer? The Trump family once again increased their position in Decentralized Finance! Buy ONDO, AAVE, and ENA Tokens, with holdings exceeding $80 million. Is Ethena a systemic risk or a savior for Decentralized Finance?