OKX, a leading global cryptocurrency exchange and Web3 technology company, has officially launched the X Layer public mainnet on April 16. X Layer is an Ethereum Layer 2 network powered by ZK technology, built using Polygon CDK, and enhanced by AggLayer for shared state and liquidity across multiple chains—combining innovation with robust security.
What is X Layer?
X Layer leverages cutting-edge technology to enable millions of users to interact with on-chain applications more affordably and efficiently. Key features include:
- ZK-powered security and scalability: Reduces costs while maintaining high throughput.
- EVM compatibility: Allows seamless deployment of Ethereum-based dApps with minimal development effort.
Haider Rafique, Chief Marketing Officer at OKX, stated:
"X Layer is designed for visionary developers building applications to onboard millions into Web3. Imagine Layer 2 chains like X Layer as infrastructure highways, dApps as marketplaces, and self-custody wallets as vehicles. We're creating an interoperable ecosystem fueled by our strong community and connections to other Ethereum-based networks."
Adoption and Ecosystem Growth
Since its testnet launch in November 2023, X Layer has seen rapid adoption:
- 50+ Web3 dApps deployed within a week, including The Graph, Curve, and QuickSwap.
- 170+ dApps currently accessible for asset transfers, staking, and swaps via smart contracts.
- Exponential growth expected as the mainnet opens to the public.
OKX's Market Position and X Layer Integration
With $22B+ in assets under custody and 50M+ global users, OKX provides X Layer with:
- A massive potential user base.
- Deep liquidity, leveraging OKB as the native token for gas fees.
Technical Backbone: Polygon CDK & AggLayer
- Polygon CDK: A ZK-based toolkit for building Ethereum L2s, with contributions from OKX developers.
- AggLayer integration: Enables cross-chain liquidity and unified state sharing across Polygon CDK-powered chains.
Marc Boiron, CEO of Polygon Labs, commented:
"X Layer marks a milestone in unifying Web3. Its AggLayer connection solves liquidity fragmentation, enabling shared growth. OKX's 50M+ users can now seamlessly access X Layer and connected chains."
FAQs
1. How does X Layer improve transaction efficiency?
X Layer uses ZK proofs to batch transactions off-chain, reducing costs and increasing speed while maintaining Ethereum-level security.
2. Can existing Ethereum dApps migrate to X Layer?
Yes. EVM compatibility allows developers to redeploy dApps with minimal adjustments.
3. What role does OKB play in X Layer?
OKB serves as the native token for gas fees and network governance, incentivizing ecosystem participation.
4. How does AggLayer enhance interoperability?
It pools liquidity from multiple chains, allowing assets to move seamlessly across networks like a single system.
5. Is X Layer suitable for institutional users?
Absolutely. OKX's compliance frameworks and high throughput make it viable for enterprise-grade applications.
👉 Explore X Layer's full potential
About OKX
A trusted global crypto exchange serving 50M+ users, OKX partners with Manchester City FC, McLaren F1, and Tribeca Festival to pioneer Web3 adoption. Its non-custodial wallet supports 90+ blockchains and features a built-in DEX/NFT aggregator.
About Polygon Labs
Developers of Ethereum-scaling solutions, Polygon Labs powers ecosystems like Aave and Uniswap. Committed to carbon neutrality, it aims to lead Web3 toward a sustainable future.
Disclaimer: This content is for informational purposes only and does not constitute financial advice.