Principia Labs: X Layer Q3 TradeZone Volume Reaches 287 Million Transactions, DeFi TVL Doubles QoQ

Odaily reports: According to the "X Layer Q3 2026 Fundamental Report" released by Principia Labs, X Layer saw significant growth in on-chain activity and DeFi ecosystem scale in the third quarter. Among these, TradeZone cumulatively processed approximately 287 million transactions, 2.6 times the EVM transaction volume during the same period; average daily EVM transactions grew 262% quarter-over-quarter to 1.22 million, total value locked (TVL) in DeFi grew 100% quarter-over-quarter to $173.4 million, and fee revenue from ecosystem applications grew 490% quarter-over-quarter to $1.86 million.

Additionally, the report shows that OKB market capitalization grew 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 covering on-chain trading and DeFi applications.