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OKX launches public mainnet for its ZK-powered L2 network “X Layer”

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  • X Layer is a zero data (ZK), EVM-compatible Layer-2 community.
  • The Polygon CDK powered L2 is stay and  integrates with over 200 dApps throughout DeFi, wallets, NFTs and gaming amongst others.

OKX, one of many world’s largest crypto trade firms, has launched the general public mainnet of its EVM-compatible Layer 2 community “X Layer” is now stay.

Haider Rafique, the chief advertising officer at OKX, introduced the launch in a weblog publish on Tuesday.

Based on the OKX official, the Polygon Chain Improvement Package (CDK)-powered L2 integrates with over 200 decentralised purposes (dApps) onboarded throughout X Layer’s testnet.

X Layer integrates over 200 dApps

X Layer additionally integrates with the OKX trade’s CEX platform and the OKX Web3 Pockets.

As an EVM-compatible community, X Layer permits customers to faucet into dApps on Ethereum in addition to bridge property from the OKX CEX and Web3 Pockets.

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Our goal is to make it cheaper and quicker for hundreds of thousands of individuals to go out and in of on-chain purposes by means of our Zero-Information Proof (ZK) powered, EVM appropriate L2 community,” Rafique famous within the weblog publish printed on April 16.

Purposes presently obtainable with the mainnet launch embody 40 DeFi initiatives, 20 Infrastructure, 12 bridge,  and 16 wallets. There are additionally 10 NFT and gaming, 10 SocialFi purposes and quite a few dev tooling dApps.

Common DeFi dApps on X Layer embody Chainlink, Curve, Renzo, and QuickSwap whereas Infra purposes embody LayerZero, Wormhole, and EigenLayer (DA).

X Layer is aimed toward unlocking and accelerating adoption of Web3 economic system, Rafique stated.

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OKB, the native OKX token, will function the native asset of the X Layer community. Customers will leverage the token for transaction charges on the community.

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