Key Highlights
- The leading DeFi lending platform Aave has deployed on X Layer, the Ethereum Layer 2 network operated by OKX
- Users of OKX Wallet can now access lending, borrowing, and yield-earning features natively without cross-chain transfers
- Available assets on X Layer include USDT0, xBTC, xETH, xSOL, with loan-to-value ratios reaching up to 88% for liquid staking token pairs
- With $23.5 billion in total value locked, Aave recently surpassed $1 trillion in all-time lending volume
- The integration marks Aave’s expansion to its 21st blockchain network, alongside Ethereum, Arbitrum, and Base
The premier decentralized lending platform Aave has officially deployed on X Layer, OKX’s Ethereum Layer 2 solution. This integration provides OKX Wallet users with seamless access to decentralized lending services without requiring external wallets or asset bridging between chains.
The crypto exchange OKX revealed the integration on Monday. Through the OKX Wallet interface, users can now deposit assets, secure loans against their collateral, and generate compounding returns.
“The deployment of this battle-tested infrastructure on X Layer brings permissionless, non-custodial access directly through OKX Wallet to our L2 ecosystem,” OKX stated in their official announcement.
Stani Kulechov, who founded Aave Labs, shared his perspective on the network expansion: “This deployment on X Layer connects Aave’s liquidity infrastructure with an expanding ecosystem of users and decentralized applications, streamlining the process to earn yield, secure loans, and develop on the network.”
The deployment supports multiple assets including USDT0, USDG, GHO, xBTC, xETH, xSOL, xBETH, and xOKSOL. The platform operates without credit checks or centralized intermediaries.
X Layer’s Expanding DeFi Infrastructure
X Layer went live in May 2024 and currently secures approximately $25 million in total value locked. The network delivers transaction costs averaging $0.0005 with block confirmation times of one second.
The blockchain already hosts several prominent DeFi protocols, including Uniswap, Chainlink, and Stargate. The Aave deployment represents the most significant protocol integration on the network to date.
X Layer has implemented six specialized “eModes” optimized for its token ecosystem. These configurations enable loan-to-value ratios as high as 88% for liquid staking token pairs.
This deployment aligns with OKX’s strategic initiative to integrate DeFi functionality directly into its wallet infrastructure, mirroring strategies from competitors including Coinbase and Binance. OKX introduced in-wallet decentralized exchange trading across Base, Solana, and X Layer in November 2025.
Aave’s Performance Metrics
Aave maintains approximately $23.5 billion in total value locked distributed across more than 20 blockchain networks. This amount exceeds its nearest rival, Morpho, by over three times, as Morpho holds approximately $10 billion.
In late February, the protocol achieved a milestone by surpassing $1 trillion in cumulative lending volume, becoming the first DeFi platform to reach this threshold.
Over the past 30 days, Aave generated more than $6.2 million in protocol revenue, outpacing Morpho’s revenue by more than five times during the same timeframe.
The platform reports net deposits exceeding $40.4 billion. With X Layer, Aave now operates on 21 distinct blockchain networks.
This launch follows an overwhelmingly favorable Aave DAO governance vote approving the Version 4 mainnet roadmap, demonstrating ongoing development momentum across the protocol ecosystem.
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