Stellar’s total value locked (TVL) across DeFi applications reached nearly $273 million on Oct. 2, its highest level since launch, according to DeFiLlama. The figure rose from about $265 million one week earlier as participation and capital deployed across Stellar-based protocols increased. The network also recorded about $934.54 million in stablecoin market capitalization, $2.82 billion in active real-world assets under management and $3.38 million in 24-hour decentralized exchange volume. Active addresses reached 94,972, nearing the 100,000 milestone, while the growth has supported attention around Stellar’s native token, XLM, as the project continues to challenge XRP in the DeFi ecosystem.