The X Layer public mainnet is now online, building an ecosystem with more than 200 dApps

Written by Haider Rafique, Chief Marketing Officer of OKX

Today we officially launched our Layer2 public mainnet - X LAYER, building an ecosystem with more than 200 dApps.

X LAYER has been integrated with OKX Exchange (CEX) and OKX Web3 Wallet, allowing users to seamlessly bridge assets from both platforms to X LAYER and interact with dApps deployed on the network.

X LAYER is a combination of the X symbol in OKX, which represents openness and interoperability, and the word LAYER, which is a series of different types of protocols designed to improve the scalability of blockchain networks. X LAYER is universal and does not limit innovation to a single use case. Our vision is that on-chain developers can use X LAYER and its infrastructure to create new “layers” for a variety of use cases.

Progress since the launch of the Build the protocol. Our goal is to make it cheaper and faster for millions of people to enter and exit on-chain applications through X LAYER, a Layer 2 network powered by ZK technology and compatible with the Ethereum Virtual Machine (EVM).

X LAYER Network’s current 200 dApps include approximately 40 DeFi applications, 20 infrastructure applications, 12 bridge applications, 5 growth tools, 16 wallets, 10 NFT and game applications, 10 SocialFi and some development tools dApps.

Some of the most popular Web3 dApps are being built on X LAYER:

DeFi dApps such as Curve, Renzo, and QuickSwap

• Infrastructure applications including Layerzero, Wormhole, EigenLayer (DA)
• Now that the X LAYER public mainnet is online, our focus is to attract as many developers and users as possible to participate. Our goal is to inspire and promote L2 innovation based on ZK technology by providing a seamless and efficient on-chain experience.

X LAYER’S LONG-TERM GOALS

We are a technology company at heart, and since our founding in 2014, we have grown into one of the largest crypto ecosystems in the world. We believe in the transformative power of blockchain to bring to the world and have invested resources and time to create the most powerful Web3 products in the world.

With the same commitment and determination, we focus on the three core areas of X LAYER:

1. Easy-to-use on-chain decentralized applications

Bridge the chain to make it more interoperable and accessible

• Improve the practicality of onboarding and interaction design to make it more intuitive
• Integrate all DApps with OKX Web3 wallet , to ensure a simple UI
• Advanced wallet service including account abstraction
• 2. Empowering builders and creators

with Polygon Labs collaborate to provide builders with an advanced technology stack

• Work closely with builders to help them realize their vision on our L2 chain
• Publish documentation in a timely manner to clearly guide developers through the development process
• Provide a platform for developers to test dApps with millions of active users on the chain
• 3. Cheaper and faster on-chain experience

Significantly lower transaction fees, making dApps interactions more economical

• Improve TPS by optimizing transaction batching and approval
• Over the past few years, we have launched The first self-hosted wallet, and subsequently launched new services within the wallet such as search, exchange, and cross-chain with hundreds of on-chain networks. In addition, we have also introduced innovative features such as Ordinals and creator tools to cater for diverse on-chain activity use cases. At the end of last year, we announced plans to develop Ethereum L2, which we believe will be the next fundamental building block in improving the way users interact with on-chain applications.

We understand our Web3 ecosystem through the following Web3 basic modules, which are described by metaphors such as cars, destinations, services, and highways.

Access vs. Storage (Entrance vs. Exit. Or you can think of it as storage of items and transportation to take you to different places)Wallet (open source self-hosted and fully interoperable wallet) Marketplace (destinations and services. Or you can think of it as a store, Gallery or open marketplace)dApps (search, exchange, bridge, create, trade)Basics Facility (Highway, or you can think of it as the shortest, safest, cheapest route to your destination) Chain (L2) ZK-EVM (Connecting Ethereum dApps )

X LAYER's goal is to unlock and accelerate global adoption of the Web3 economy, ensuring greater freedom and opportunity for millions of people around the world. We're very excited about what's to come and welcome you to join us as we work together to bring X LAYER's vision to life.

Let us build the future of Web3 together.

Haider

Join our Discord and follow X Layer for more updates.

This blog is for educational and information exchange purposes only and does not constitute and shall not be regarded as (i) investment advice or investment recommendation; (ii) purchase, sale or holding of digital assets (including NFT or other) offers or invitations; or (iii) financial, accounting, legal or tax advice. The OKX Web3 Wallet and the OKX NFT Marketplace are subject to separate terms of service from www.okx.com.

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