Stacks TVL $88.9 million (approximately 120.6 billion won)... loans account for 92.1%
Original headline스택스 TVL 8890만달러(약 1206억원)…대출 비중 92.1%
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Stacks (STX) ended Q3 with $88.9 million in total value locked across its DeFi ecosystem, the highest TVL among Bitcoin layer networks, ahead of Rootstock at $83.2 million and Mezo at $77.3 million, a $5.7 million gap over the runner-up. Lending accounted for 92.1% of Stacks TVL, and the network also led peers in user fees with $448,000 for the quarter versus $208,000 on Hemi and $181,000 on Merlin. The figures matter because they position Stacks as the dominant Bitcoin layer by both deposits and fee revenue, though its lead over Rootstock is narrow. Next, watch whether Stacks' lending-heavy TVL mix holds up and whether Rootstock or Mezo closes the gap in Q4.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
Stacks (STX), STX (STX), Rootstock, Mezo, Hemi, Merlin
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