- It was reported that the total value locked (TVL) of major DeFi protocols like Lido DAO and Aave increased by over 107% this year.
- Lido DAO's TVL is $33.8 billion, and Aave's TVL is $20.6 billion, leading the ecosystem.
- The TVL of the decentralized finance ecosystem amounts to $185 billion, indicating that Web3 users are increasingly embracing on-chain finance.
- The article was summarized using an artificial intelligence-based language model.
- Due to the nature of the technology, key content in the text may be excluded or different from the facts.
Investors are focusing on decentralized finance (DeFi) protocols such as Lido DAO (LDO) and Aave (AAVE).
On the 25th (local time), the cryptocurrency media CryptoSlate reported, citing Token Terminal data, that "major players in the decentralized finance ecosystem, such as the liquidity staking protocol Lido DAO and the money market Aave, have shown tremendous growth this year. Throughout 2024, the total value locked (TVL) on these platforms increased by over 107%."
According to the data, Lido DAO's TVL is $33.8 billion, and Aave's TVL is $20.6 billion, leading the ecosystem. The TVL of the decentralized finance ecosystem currently amounts to $185 billion, having reached an all-time high of $212 billion on December 16. The lending market also hit a monthly peak of $21 billion.
The media explained, "The increase in assets under management and users of DeFi protocols recently indicates that many Web3 users no longer feel uncomfortable using on-chain financial resources."