What is the default value for XX:MaxDirectMemorySize?
For JDK8:
The 64MB are set arbitrarily initially, ...
(From: https://github.com/frohoff/jdk8u-dev-jdk/blob/master/src/share/classes/sun/misc/VM.java#L186 )
    // A user-settable upper limit on the maximum amount of allocatable direct
    // buffer memory.  This value may be changed during VM initialization if
    // "java" is launched with "-XX:MaxDirectMemorySize=".
    //
    // The initial value of this field is arbitrary; during JRE initialization
    // it will be reset to the value specified on the command line, if any,
    // otherwise to Runtime.getRuntime().maxMemory().
    //
    private static long directMemory = 64 * 1024 * 1024;
 ... but then the directMemory is set to maxMemory() ~= Heapsize here (if the maxDirectMemorySize-Parameter is not set):
(from: https://github.com/frohoff/jdk8u-dev-jdk/blob/master/src/share/classes/sun/misc/VM.java#L286 )
  // Set the maximum amount of direct memory.  This value is controlled
  // by the vm option -XX:MaxDirectMemorySize=.
  // The maximum amount of allocatable direct buffer memory (in bytes)
  // from the system property sun.nio.MaxDirectMemorySize set by the VM.
  // The system property will be removed.
  String s = (String)props.remove("sun.nio.MaxDirectMemorySize");
  if (s != null) {
      if (s.equals("-1")) {
         // -XX:MaxDirectMemorySize not given, take default
          directMemory = Runtime.getRuntime().maxMemory();
      } else {
         long l = Long.parseLong(s);
          if (l > -1)
              directMemory = l;
      }
  }
 The test seems to support this claim, "test.java.nio.Buffer.LimitDirectMemory.java":
(from https://github.com/frohoff/jdk8u-dev-jdk/blob/da0da73ab82ed714dc5be94acd2f0d00fbdfe2e9/test/java/nio/Buffer/LimitDirectMemory.java#L74)
 if (size.equals("DEFAULT"))
            return (int)Runtime.getRuntime().maxMemory();