Overview
- Aave, which went live on OKX’s X Layer on Monday, now lets OKX Wallet users lend, borrow, and earn auto-compounding yield without using external wallets or cross-chain bridges.
- The deployment supports assets such as USDT0, USDG, GHO, xBTC, xETH, xSOL, xBETH, and xOKSOL at launch.
- X Layer offers one-second blocks and fees near $0.0005, yet holds about $25 million in total value locked, so the new lending rails could draw more liquidity to the network.
- X Layer’s eModes group closely related tokens to raise borrowing power, with some liquid-staking pairs reaching about 88% loan-to-value.
- Aave brings notable scale and momentum to the chain, with about $23.5 billion locked, $1 trillion in lifetime loans, and this marking its 21st network integration following a near-unanimous DAO vote for Version 4.