AAVE flips Lido across ALL metrics – But is this just round one?

Key Points

1. Aave reached $775 billion in cumulative borrow volume, marking a significant milestone in DeFi history.

2. Aave overtook Lido in TVL, holding 39% of DeFi TVL compared to Lido's 21%, and dominates the lending sector with 46% of its TVL.

3. AAVE's price surged 253% over the past year, while LDO declined by 55%, reflecting stronger market sentiment for Aave.

4. Technical indicators show AAVE in a bullish rebound, while LDO's performance remains flat.

5. Aave's steady growth since March positions it as a new utility backbone in DeFi, while Lido's influence continues to wane.