OKX Launches X Layer, Ethereum's Newest Layer 2 Solution
OKX, the world's second-largest trading platform, launches X Layer, an Ethereum Layer 2 solution, on October 2, 2025. The first phase begins with USDT integration, followed by decentralized financing and incentive programs.
OKX aims to enhance its Web3 and decentralized finance capabilities with X Layer. The platform competes with Binance and Coinbase in the Layer 2 race, driven by the OKX Boost fund. This $100 million fund will support developers and projects working on X Layer through incentive programs.
OKX has partnered with Tether to integrate USDT with X Layer and its wallet and trading platform. The roadmap for X Layer includes three phases: stablecoin integration, decentralized finance protocols, and incentive programs. In the second phase, OKX plans to integrate major decentralized finance protocols like Aave, Uniswap, Balancer, and Chainlink into X Layer. The OKX Boost fund represents OKX's long-term technological commitment, facilitating multiple rounds of incentives for X Layer's ecosystem development.
X Layer will serve as the underlying infrastructure for OKX's wallet and trading platform. The strategic priority for OKX, as stated by CEO Star Shu, is to establish an open blockchain network using X Layer. The first phase begins on October 2, 2025, with USDT integration, marking a significant step towards this goal.
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