The most trusted name in decentralized lending is now live on X Layer, expanding DeFi composability, unlocking permissionless yield, and deepening liquidity for OKX users globally
March 30 — OKX, the blockchain technology and trading company serving more than 120 million people globally, today announced the launch of Aave on X Layer, OKX’s Ethereum-compatible Layer 2 network. The deployment marks a significant expansion of X Layer’s DeFi ecosystem, giving OKX Wallet users and DeFi-native participants access to battle-tested, institutional-grade lending infrastructure directly onchain.
Aave is the world’s largest decentralized liquidity protocol by total value locked and net deposits, with a multi-year track record across more than a dozen blockchain networks. Its arrival on X Layer brings permissionless lending, borrowing, and yield-earning to the chain’s growing user base, without bridging complexity or unfamiliar interfaces.
“By expanding to X Layer, Aave connects its liquidity to a growing ecosystem of users and applications, making it easier to earn, borrow, and build applications on the network,” said Stani Kulechov, Founder of Aave Labs. “Aave looks forward to continuing expansion across OKX’s products and extending access to their millions of users.”
Key Benefits
Aave can be accessed on X Layer natively through OKX Wallet today, with no separate wallet setup or bridging required. The deployment runs on Aave v3.6 and supports the following at launch:
- Earn passively on idle assets. Supply USDT0, USDG, GHO, xBTC, xETH, xSOL, xBETH, or xOKSOL and earn competitive yield that compounds automatically, without giving up custody of tokens.
- Borrow without selling. Maintain upside exposure to your crypto holdings while accessing stablecoin or cross-asset liquidity. Use collateral to borrow USDT0, USDG, GHO, xBTC, xETH, or xSOL, with no credit check or no intermediary.
- More efficient capital with eMode. X Layer has 6 dedicated eModes. Borrow at up to 88% LTV for liquid staking pairs (xBETH→xETH, xOKSOL→xSOL), or up to 78% LTV for crypto-to-stablecoin eModes vs. the 70% standard LTV. Higher efficiency means more of your capital is working, with less idle margin.
- Deeper integration with the OKX ecosystem. Deposit & manage funds on Aave X Layer within OKX Wallet without needing to use Aave’s interface. Trade tokenized Aave supply positions, aTokens (aUSDC, aWETH, aUSDT) directly on OKX DEX anytime without manually withdrawing from Aave first, with real-time market data and pricing.
Aave on X Layer is accessible directly through OKX Wallet at [URL]. Users can connect their wallet, select X Layer as their network, and begin supplying or borrowing assets immediately.
About OKX
OKX is a fintech company known for its global crypto trading platform and its on-chain wallet and marketplace. The company develops technology and applications to modernize money and markets. OKX is known for being one of the fastest and most reliable crypto and payment apps, having processed trillions of dollars in transactions by more than 120+ million people around the world.
OKX is headquartered in San Jose, California, for the Americas and in Dubai for the Middle East, with regional offices in São Paulo, New York, Hong Kong, Singapore, the Republic of Türkiye, Australia and Europe. Over the past several years, OKX has built one of the world’s most comprehensive regulatory compliant, licensed crypto companies. It holds licenses in the United States, the UAE, EEA, Singapore and Australia, as well as in other markets.
OKX is steadfastly committed to transparency and security and publishes Proof of Reserves reports on a monthly basis. To learn more about OKX, download the app or visit: okx.com.
About Aave
Aave is a decentralized, non-custodial liquidity protocol where users can participate as suppliers or borrowers. Suppliers provide liquidity to the market while earning interest, and borrowers can access liquidity by providing collateral that exceeds the borrowed amount. Aave also supports GHO, its decentralized overcollateralized stablecoin, designed to provide transparent, onchain stable liquidity. With a 60% market share of DeFi lending, Aave is the largest and most trusted on-chain lending network, with $47B in net deposits.
