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Project Overview
X Layer is a ZK-powered Layer 2 network that connects the OKX and Ethereum communities to allow anyone to take part in a truly global on-chain ecosystem.
OKX Star: X Layer will soon launch U.S. stock tokens for xStocks
According to an X post, Star, founder and CEO of OKX, stated: “Tokenized stocks are one of the most important use cases for RWAs. We expect to see xStocks on X Layer soon—bringing global equities on-chain and expanding access to capital markets.” It is reported that X Layer has previously entered a strategic partnership with xStocks, a regulated tokenized stock issuance platform; xStocks-related assets will be gradually integrated into the X Layer ecosystem and OKX Wallet. Star believes that access to global markets should be as open as access to information.
X Layer and xStocks Forge Strategic Partnership, OKX Wallet to Integrate Tokenized Stock Assets
Odaily reports, according to official sources, X Layer has entered into a strategic partnership with xStocks, a regulated tokenized stock issuance platform. Together, they will promote the integration of tokenized stock assets into the X Layer ecosystem and make related trading services accessible to OKX Wallet users. In the future, users will be able to trade xStocks-related assets 24/7 within the OKX Wallet, benefiting from the settlement, liquidity, and distribution capabilities provided by X Layer. The two parties will also launch a fast-listing mechanism to accelerate the tokenization and trading circulation of popular stocks and thematic ETFs within a compliant framework.It is reported that X Layer is committed to building on-chain infrastructure for financial assets, covering key areas such as settlement, liquidity, and distribution. xStocks has previously facilitated over $31 billion in cumulative tokenized stock trading volume and has become the first major issuer to commit to providing asset depth on X Layer, driving the expansion of tokenized stock scale.
OKX Star: The Next Chapter of On-Chain Finance, Co-Written by Everyone Who Wants to Build Markets
According to an official announcement, OKX has officially released the Exchange OS Whitepaper—a set of open-protocol infrastructure enabling anyone to deploy spot, perpetual futures, or prediction markets on X Layer without platform approval. Star, Founder and CEO of OKX, stated: “We believe the next evolution of on-chain finance lies in building shared market infrastructure—empowering developers and institutions to create new trading markets more efficiently, while retaining full flexibility in frontend design, market structure, risk control, and compliance frameworks.”
X Layer Launches RWA Ecosystem Liquidity Incentive Program with Total Incentives of $5 Million
Odaily News, according to official sources, X Layer has officially launched the RWA Ecosystem Liquidity Incentive Program, with total incentives worth $5 million, aimed at enhancing the liquidity and trading experience of RWA ecosystem assets. The incentives will be distributed in multiple rounds, with the first round offering $300,000 in liquidity incentives, comprehensively covering liquidity for RWA-related trading pairs, including RWA-stablecoin pairs and RWA-ecosystem token pairs.It is reported that X Layer is continuously improving its RWA ecosystem infrastructure to support the on-chain issuance, trading, and liquidity of more RWA assets.
Stock-Driven Meme Launch Platform StockMars Goes Live on X Layer, First Token Surpasses $400K Market Cap
Odaily News: The Layer 2 network X Layer, developed by OKX, continues to see rising ecosystem activity. On-chain data shows that its DeFi TVL has exceeded $100 million, stablecoin scale has surpassed $2 billion, and xStocks tokenized stock trading volume now accounts for over 80%.Stock-driven Meme launch platform StockMars (stockmars.fun) has gone live on X Layer. The platform's first launched token, $MARSDOGE, has reached a market cap exceeding $400,000.
USDG market cap grows to $3.5 billion in one year, with $1.95 billion on OKX X Layer
Odaily News - On-chain analyst Ember posted on X platform stating that USDG's market cap has grown from $300 million to $3.5 billion within a year, with $1.95 billion of that held on OKX's X Layer chain. USDG is not a stablecoin widely known to the general public, with relatively limited promotion and exposure. X Layer primarily supports USDG through real use cases such as stablecoin yield generation, Boost, and payments, making it the sixth-largest stablecoin by scale. USDG's growth over the past year has been consistent and steady, not artificially inflated in the short term through large-scale subsidies. Ember noted that this reflects the high user base and activity levels of OKX Wallet. Even amid the current subdued market conditions, X Layer has achieved through its relevant modules what other stablecoins could only accomplish with substantial capital investment.
Circle Native USDC Lands on OKX X Layer Network
Circle launches native USDC stablecoin and cross-chain transfer protocol CCTP on OKX's Ethereum Layer 2 network X Layer, supporting cross-chain transfers and DeFi applications.
USDC Native Deployment on X Layer, OKX Wallet Now Supports Related Services
Odaily News, According to official sources, USDC has been natively deployed to X Layer, and OKX Wallet now supports native USDC on X Layer. Users can send, receive, pay, and conduct on-chain transactions with USDC directly within OKX Wallet, and leverage CCTP for 1:1 lossless cross-chain transfers, further improving the efficiency of cross-chain capital flows. Additionally, native USDC on X Layer can be directly used in on-chain applications such as DeFi within the X Layer ecosystem, helping users achieve seamless asset movement across multi-chain ecosystems.
OKX Wallet Launches "Social Login," Enabling Self-Custodial Wallet Creation via Email and Other Accounts
according to official sources, OKX Wallet has now launched "Social Login," allowing users to create a wallet in seconds using their email, Apple, or Google accounts, without the need to record or back up a seed phrase throughout the process. Wallets created via social login remain self-custodial; the seed phrase and private key will be generated, stored, and used for signing within a TEE (Trusted Execution Environment). OKX cannot access or export the user's private key, ensuring users always maintain control over their assets. Users can export their private key or convert to a standard seed phrase wallet at any time.It is reported that OKX Wallet's "Social Login" adopts a unified account system. One account can seamlessly connect across the App, browser extension, web platform, and Agent, automatically restoring the same wallet upon login. The initial launch supports 19 chains, including X Layer, Solana, among others, and natively supports trading scenarios such as Swap, cross-chain transactions, limit orders, copy trading, and RWA.
Related news
X Layer Launches RWA Ecosystem Liquidity Incentive Program with Total Incentives of $5 Million
Odaily News, according to official sources, X Layer has officially launched the RWA Ecosystem Liquidity Incentive Program, with total incentives worth $5 million, aimed at enhancing the liquidity and trading experience of RWA ecosystem assets. The incentives will be distributed in multiple rounds, with the first round offering $300,000 in liquidity incentives, comprehensively covering liquidity for RWA-related trading pairs, including RWA-stablecoin pairs and RWA-ecosystem token pairs.It is reported that X Layer is continuously improving its RWA ecosystem infrastructure to support the on-chain issuance, trading, and liquidity of more RWA assets.
Stock-Driven Meme Launch Platform StockMars Goes Live on X Layer, First Token Surpasses $400K Market Cap
Odaily News: The Layer 2 network X Layer, developed by OKX, continues to see rising ecosystem activity. On-chain data shows that its DeFi TVL has exceeded $100 million, stablecoin scale has surpassed $2 billion, and xStocks tokenized stock trading volume now accounts for over 80%.Stock-driven Meme launch platform StockMars (stockmars.fun) has gone live on X Layer. The platform's first launched token, $MARSDOGE, has reached a market cap exceeding $400,000.
USDG market cap grows to $3.5 billion in one year, with $1.95 billion on OKX X Layer
Odaily News - On-chain analyst Ember posted on X platform stating that USDG's market cap has grown from $300 million to $3.5 billion within a year, with $1.95 billion of that held on OKX's X Layer chain. USDG is not a stablecoin widely known to the general public, with relatively limited promotion and exposure. X Layer primarily supports USDG through real use cases such as stablecoin yield generation, Boost, and payments, making it the sixth-largest stablecoin by scale. USDG's growth over the past year has been consistent and steady, not artificially inflated in the short term through large-scale subsidies. Ember noted that this reflects the high user base and activity levels of OKX Wallet. Even amid the current subdued market conditions, X Layer has achieved through its relevant modules what other stablecoins could only accomplish with substantial capital investment.
Circle Native USDC Lands on OKX X Layer Network
Circle launches native USDC stablecoin and cross-chain transfer protocol CCTP on OKX's Ethereum Layer 2 network X Layer, supporting cross-chain transfers and DeFi applications.
USDC Native Deployment on X Layer, OKX Wallet Now Supports Related Services
Odaily News, According to official sources, USDC has been natively deployed to X Layer, and OKX Wallet now supports native USDC on X Layer. Users can send, receive, pay, and conduct on-chain transactions with USDC directly within OKX Wallet, and leverage CCTP for 1:1 lossless cross-chain transfers, further improving the efficiency of cross-chain capital flows. Additionally, native USDC on X Layer can be directly used in on-chain applications such as DeFi within the X Layer ecosystem, helping users achieve seamless asset movement across multi-chain ecosystems.
X Layer DeFi TVL Surpasses $100 Million, Growing Nearly 10x in Six Months
Odaily News: OKX Wallet announced in Chinese that X Layer's total value locked (TVL) in DeFi has surpassed $100 million, growing nearly 10x over the past six months. Meanwhile, X Layer's stablecoin issuance has exceeded $2 billion, ranking among the top ten global public chains; cumulative active addresses have surpassed 4.2 million, and cumulative on-chain transactions have exceeded 400 million.OKX Wallet stated that as liquidity continues to accumulate and user scale grows steadily, the next step is to attract more assets, applications, and users into X Layer, driving the public chain to support more real-world demand and further improving ecosystem development.