X Layer Q3 TradeZone Processes 287M Transactions, DeFi TVL Doubles

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X Layer’s Q3 TradeZone processed 287 million transactions, surpassing EVM volume by 2.6x, according to a daily market report from Principia Labs. DeFi TVL reached $173.4 million, doubling from the prior quarter. EVM daily transactions increased 262% to 1.22 million, while ecosystem fees surged 490% to $1.86 million. Altcoins to watch may include X Layer, as activity and revenue surge across its platform.

Huoxing Finance reports that, according to Principia Labs’ “Q3 2026 Fundamental Report on X Layer,” the Ethereum Layer 2 network X Layer experienced growth in on-chain activity and DeFi ecosystem scale during the third quarter. TradeZone processed approximately 287 million cumulative transactions, 2.6 times the EVM transaction volume for the same period; daily average EVM transaction volume increased by 262% quarter-over-quarter to 1.22 million transactions. The report also showed that the total value locked (TVL) in DeFi rose 100% quarter-over-quarter to $173.4 million, while ecosystem application fee revenue surged 490% quarter-over-quarter to $1.86 million. OKB’s market capitalization increased 53.8% quarter-over-quarter to $2.54 billion. Principia Labs believes that, with the development of Exchange OS, X Layer is gradually forming a full-stack trading system encompassing on-chain transactions and DeFi applications.

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