X Layer Enters Rapid Development Phase, DeFi TVL Grows Nearly 10x in Six Months

TechFlow reports, on August 6, OKX Wallet announced in a Chinese post that X Layer DeFi Total Value Locked (TVL) has surpassed $100 million, growing nearly 10-fold in the past six months. Meanwhile, X Layer stablecoin issuance volume has exceeded $2 billion, ranking among the top 10 global public chains; cumulative active addresses surpassed 4.2 million, and cumulative on-chain transactions exceeded 400 million.

OKX Wallet stated that as liquidity continues to accumulate and user base grows steadily, the next step is to attract more assets, applications, and users to X Layer, driving the public chain to support more real demand and further improving ecosystem development.