OKX Wallet's Chinese-language account has said that total value locked (TVL) across DeFi protocols on X Layer has topped $100 million, roughly ten times where it stood six months ago. The network's stablecoin issuance has also passed the $2 billion mark, a scale that puts X Layer in the top ten among public chains worldwide. Activity metrics are climbing as well: cumulative active addresses have exceeded 4.2 million, and the total number of on-chain transactions has surpassed 400 million. Looking ahead, the wallet provider said that as liquidity continues to accumulate on the chain and the user base expands at a steady pace, the next step will be to bring more assets, applications, and users into X Layer. The goal, it said, is to help the public chain serve more real-world demand and keep maturing its ecosystem. The latest update arrives after a stretch of fast expansion for X Layer, with liquidity and user numbers rising in tandem, and was reported via ChainCatcher.
OKX Wallet's Chinese-language account said that X Layer's DeFi total value locked (TVL) has crossed $100 million, a gain of nearly ten times over the past six months.
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Stablecoin issuance on X Layer has also topped $2 billion, putting the network in the top ten among global public chains. Activity is expanding alongside those flows. Cumulative active addresses now exceed 4.2 million, and total on-chain transactions have climbed past 400 million.
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OKX Wallet said liquidity has continued to settle on the chain and the user base is growing at a steady pace. The next step, it added, is to bring more assets, applications, and users into X Layer, letting the public chain absorb more real demand and continue improving its ecosystem.
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