According to CoinMeta, the total locked-up value of x layer DEFI ( TVL ) has reached $232 million, setting a new historical high. The founder of OKX, Star, stated that TVL is not the end point. Lending, stablecoins, RWA, yield markets, and on-chain capital markets are all interconnected on x layer. x layer is working to improve the infrastructure between DEFI and RWA, promoting the development of real-world assets, on-chain liquidity, and financial applications.