đŁ Hereâs the state of Tezos for Q3 2025 from @MessariCrypto đ
⥠Tezos L1 transactions rose 21.5% QoQ, peaking at 4.7M in July
đ fees reached 17.5k tez, up 16.9% QoQ
đ§± @etherlink, the EVM compatibility layer for Tezos, ended Q3 at $61.2M TVL, up 46.9% QoQ after a sharp July dip and rebound
đ§ Tezos DeFi TVL grew 13.1% QoQ to $45.1M, led by @youves_com (+18% QoQ)
đ§© Monthly active open-source devs hit 229, up 37.1% QoQ
1/5 đ§”

đ @etherlink kept scaling the ecosystem as the Tezos EVM compatibility layer.
â Kernel 4.1 doubled throughput targets to 4M gas/sec and improved gas estimation, keeping costs low as capacity expanded.
â Daily active addresses on Etherlink rose 33.8% QoQ, helped by KuCoin native deposits.
2/5 đ§”
đ§ DeFi liquidity deepened
â Tezos L1 DeFi TVL grew to $45.1M
â Etherlink DeFi TVL reached $84.4M (+37.9% QoQ), with @CurveFinance jumping to $31M TVL within weeks
â RWAs kept plugging into DeFi flows, with @Spiko_finance (+121.8% QoQ) and @uranium_io-backed borrowing powered by @okutrade and @Morpho.
3/5 đ§”
đš Art on Tezos stayed a standout
â @objktcom remained the leading NFT marketplace by active users (+3.7% QoQ) and launched @bootloader_art for long-form generative art
â Art was centre stage at TezDev with a 360° art show featuring curated releases and logo remixes
â @RGB_MTL raised 15,000 tez in under 20 minutes, the Tezos Foundation matched the proceeds to help power the third annual event
â @bitforms presented a solo show of @zancan's works in New York
â Tezos Foundation partnered with NXT Festival in Seville to present a series of works curated by @sutanz
â @motus_art presented an interactive installation at Volumens Festival, powered by @editart_xyz and @tesserart_xyz
4/5 đ§”
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