One of the leading cryptocurrency exchanges, OK, announced the launch of the Ethereum Layer-2 (L2) network, X Layer, to the general public on April 15. In its official statement, the exchange explained that X Layer is integrated with the OKX (CEX) broker and the OKX Web3 Wallet.
The launch took place on the public mainnet of the Layer 2 (L2) network, X Layer, which allows you to build with more than 200 DApps across the network. “With the 200+ DApps integrated during the testnet stage, we have also seen thousands of developers actively building on the network. Our goal is to make it cheaper and faster for millions of people to get in and out of on-chain applications through our EVM-compatible, zero-knowledge proof (ZK)-powered L2 network.”
According to OKX, the X Layer was developed to be versatile, not restricting innovation to a single use case. “We envision on-chain developers using X Layer and its infrastructure to create new “layers” for a multitude of use cases.”
Hiya creators, builders, founders 👩💻👨💻
🚨 We're opening X Layer Mainnet to the Public 🚨
With +200 dApps building, X Layer is now accessible to everyone, not just developers.
Experience the power & security of our zkEVM L2 network firsthand.
Start building:… pic.twitter.com/K59dg0sJrG
—X Layer (@XLayerOfficial) April 16, 2024
OKX's L2 on-chain applications include around 40 DeFi applications, 20 infrastructure applications, 12 bridging applications, 5 growth tools, 16 wallets, 10 NFT and gaming applications, 10 SocialFi applications, and several other development tool DApps .
Some of the most popular Web3 DApps are based on the X Layer: DeFi DApps like Curve, Renzo, and QuickSwap; Infrastructure applications including Layerzero, Wormhole, Chainlink, EigenLayer (DA).
The team behind the launch highlighted that now that the public X Layer mainnet is live, the focus will be on onboarding as many developers and users as possible. “Our goal is to add value by providing a seamless and efficient on-chain experience to encourage and facilitate new innovations based on L2 and ZK technologies.”
