Stacks Leads Bitcoin Layer-2 Networks in Q3 DeFi TVL at $88.9 Million
Key Highlights: Stacks outpaced Rootstock by $5.7 million at the close of the third quarter, generating $448,000 in quarterly fees—more than double Hemi’s $208,000 and Merlin’s $181,000. Growth was driven by the July 2026 PoX-5 hard fork, which launched mainnet Bitcoin staking and attracted approximately 735 $BTC alongside 493 million staked $STX. DeFi activity on ...