DeFi· ★★· neutral·

OKB at $120: X Layer Deposits Fall 10% From Peak, 68% Concentrated in Aave V3

  • —OKB at $120.25: down 0.62% weekly, up 13.6% over 30 days
  • —X Layer deposits fell to $168.3M from $186.9M on September 28
  • —Aave V3 holds $114.8M, or 68.2% of all X Layer deposits
  • —X Layer capital is up 47% in a month and nearly 7x in six months
Why it matters: X Layer's TVL concentration in one protocol raises risk for OKB holders: capital leaving Aave V3 would hit the entire chain's ecosystem.
Source: CryptoTicker