BlockBeats News,October 22, according to the Principia Labs《X Layer 2026 Q3 Fundamental Report》 released by X Layer saw significant growth in on-chain activity and the scale of its DeFi ecosystem in the third quarter. Among them,TradeZone processed a cumulative total of approximately 287000000 transactions, which was EVM times the transaction volume of 2.6 during the same period;EVM average daily transaction count increased quarter-on-quarter by 262%to 1220000 transactions,DeFi total value locked (TVL) increased quarter-on-quarter by 100%to 173400000 USD, and fee revenue from ecosystem applications increased quarter-on-quarter by 490%to 1860000 USD.
In addition, the report shows that OKB market capitalization increased quarter-on-quarter by 53.8%to 2540000000 USD。Principia Labs believes that, with the development of Exchange OS,X Layer is gradually building a full-stack trading system covering on-chain trading and DeFi applications. See the original link for the full report.
Original link https://m.theblockbeats.info/flash/373190
Key points
01
Principia Labs released the 《X Layer 2026 Q3 Fundamental Report》。
02
The report states that TradeZone processed a cumulative total of approximately 287000000 transactions, which was EVM times the transaction volume of 2.6.
03
The report states that EVM average daily transaction count increased quarter-on-quarter by 262%to 1220000 transactions.
04
The report states that DeFi total value locked (TVL) increased quarter-on-quarter by 100%to 173400000 USD。
05
The report states that fee revenue from ecosystem applications increased quarter-on-quarter by 490%to 1860000 USD。
06
The report states that OKB market capitalization increased quarter-on-quarter by 53.8%to 2540000000 USD。
07
Principia Labs believes that, with the development of Exchange OS,X Layer is gradually building a full-stack trading system covering on-chain trading and DeFi applications.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This quarterly report describes growth in transaction counts on X Layer, the scale of DeFi funds, and application fee revenue. Simply put, the reporting party believes that the network's usage activity and DeFi ecosystem scale expanded compared with the previous quarter.
Why it matters to readers
Transaction volume,TVL and fee revenue are common indicators for assessing on-chain usage and ecosystem scale; simultaneous increases across multiple indicators may indicate stronger network and application activity, but these figures currently come from Principia Labs's report.
Beginners should distinguish among transaction count,TVL, fee revenue, and token market capitalization: they measure different things, and growth does not necessarily equate to investment returns or continued future growth.
Risks and unknowns
The original text does not provide the report's statistical methodology, data sources, or calculation methods.
The key figures are mainly drawn from the Principia Labs report; the original text does not provide independent on-chain verification results.
TradeZone Whether EVM and transaction volume use the same statistical methodology cannot be confirmed.
Whether the growth described in the report can continue in subsequent quarters cannot be confirmed.
The original text does not demonstrate a causal relationship between changes in OKB market capitalization and X Layer ecosystem data.
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TradeZone
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