X Layer's DeFi total value locked (TVL), the value of assets deposited in protocols, has reached a record $232 million, according to an official announcement cited by PANews on Sept. 9. Star, founder and CEO of OKX, said TVL is not the ultimate objective; the more important development is that lending, stablecoins, real-world assets (RWA) and yield markets, along with on-chain capital markets, are becoming connected and mutually reinforcing on X Layer. The network is continuing to develop infrastructure for DeFi and RWA to support additional real-world assets, on-chain liquidity and financial applications within its ecosystem.