# X Layer DeFi TVL Doubles to $173.4 Million in Third Quarter 2026

By Simon Yoon

Canonical URL: https://www.tokenpost.com/news/technology/38275
Published: 2026-10-22T19:43:03.000Z
Updated: 2026-10-22T19:43:03.000Z
Section: Technology

> TradeZone processed about 287 million transactions. Average daily EVM transactions and application fee revenue rose 262% and 490%, respectively, quarter over quarter.

X Layer’s DeFi total value locked doubled to $173.4 million in the third quarter of 2026 as transaction activity and application fee revenue increased across the network.

The total value locked (TVL) rose 100% from the previous quarter. TradeZone processed about 287 million transactions, 2.6 times the EVM transaction total for the same period. Average daily EVM transactions reached 1.22 million, up 262% quarter over quarter.

Application fee revenue climbed 490% quarter over quarter to $1.86 million. OKB’s market capitalization grew 53.8% to $2.54 billion.