X Layer DeFi TVL Hits All-Time High, Surpassing $232 Million

BlockBeats News, September 9 - According to official sources, the total value locked (TVL) in X Layer DeFi has reached an all-time high of $232 million. Star, founder and CEO of OKX, stated in a post on X that TVL itself is not the ultimate goal; more importantly, lending, stablecoins, RWA, yield markets, and on-chain capital markets are interconnecting and mutually reinforcing each other on X Layer.

It is reported that X Layer is continuously improving its DeFi and RWA infrastructure, driving the development of more real-world assets, on-chain liquidity, and financial applications within the ecosystem.