TRON’s latest quarter saw a powerful rebound across decentralized finance, according to new data from Messari. The network posted record-breaking Q3 revenue of $1.2 billion, marking a 30.5% increase quarter-over-quarter, fueled by surging activity in its DeFi ecosystem.
Total Value Locked (TVL) on TRON jumped 34.1% to $6.2 billion, setting new all-time highs. The JUST DeFi ecosystem played a dominant role, capturing $5 billion in TVL, up 46.1% from the previous quarter. Analysts credit TRON’s consistent on-chain activity and steady USDT circulation as key contributors to its growth streak.
This expansion comes as TRON consolidates its position as one of the most profitable Layer-1 blockchains, outperforming peers in transaction volume and on-chain revenue metrics. The Messari report highlights how TRON’s revenue stability and liquidity depth continue to attract DeFi developers and institutional capital, reinforcing its reputation as a cornerstone of the stablecoin and yield farming sectors.
With these results, TRON’s ecosystem appears stronger than ever, signaling that the network’s DeFi momentum may just be entering a new growth phase.