The crypto trade OKX has launched the general public mainnet of its new Ethereum (ETH) layer-2 (L2) community.
The L2, known as “X Layer,” onboarded greater than 200 decentralized apps (DApps) throughout its testnet stage, in response to a brand new announcement from the trade.
OKX says the community’s DApps embody roughly 40 decentralized finance (DeFi) tasks, 12 infrastructure tasks, 5 development instruments, 12 bridges, 16 wallets, 10 social finance (SocialFi) platforms, and 10 non-fungible token (NFT) and gaming-focused tasks.
Fashionable DeFi tasks on X Layer embody Curve (CRV), Renzo and the decentralized trade (DEX) QuickSwap.
OKX Chief Advertising Officer Haider Rafique says X Layer’s present focus is onboarding as many builders and customers as attainable.
“Our goal is to make it cheaper and sooner for thousands and thousands of individuals to go out and in of on-chain purposes via our Zero-Information Proof (ZK) powered, EVM suitable L2 community.”
Rafique says the X Layer goals to scale back transaction charges and improve transactions per second by “optimizing transaction batching and approvals.”
“X Layer goals to unlock and speed up the worldwide adoption of the Web3 economic system, guaranteeing better particular person freedom and alternative for thousands and thousands worldwide. We’re extremely enthusiastic about what’s to return and welcome you to hitch us as we work to deliver the imaginative and prescient of X Layer to life.”
OKX, which is headquartered within the Seychelles, is presently the third-largest crypto trade by buying and selling quantity, behind solely Binance and Bybit, in response to CoinGecko.
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