In December, Aave and Lido surpassed $70 billion in net deposits for the first time, with Aave leading with $34.3 billion and Lido following closely. Lido leads in total value locked with $33.8 billion, while Aave generated $12.5 million in revenue, and Lido generated $9.6 million. The DeFi ecosystem has seen a resurgence in 2024, with total value locked reaching $212 billion in December. Trading volume on decentralized exchanges reached nearly $380 billion in November, and the lending market grew with active loans peaking at nearly $21 billion.

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