Stellar Unlocks New DeFi Milestone at Over $273 Million
Stellar's decentralized finance sector has reached a historic high of nearly $273 million in total value locked, driven by a surge in user activity and capital deployment.
Stellar's DeFi total value locked (TVL) has reached an all-time high of nearly $273 million, a record since the network's launch.
The new record, reached on October 2, follows a climb to about $265 million just one week prior, indicating steady growth in capital deployed across protocols.
Expanding Ecosystem and User Activity
Beyond TVL, the network has seen substantial increases in on-chain activity, including a stablecoin market capitalization of $934.54 million and $2.82 billion in active real-world asset (RWA) assets under management.
User participation is driving the network's growth, with active addresses reaching 94,972 and a 24-hour DEX volume of $3.38 million.
