Aave is now available on X Layer, providing on-chain lending functionality for OKX wallet users.

CoinFeed reported on March 30th that, according to The Block, Aave has launched X Layer, an Ethereum Layer 2 network developed by OKX. OKX wallet users can directly participate in on-chain lending within their wallets without needing to set up a separate wallet or cross-chain bridge. Users can earn automatically compounded returns by offering assets such as USDT0, USDG, GHO, xBTC, xETH, xSOL, xBETH, and xOKSOL, and can borrow various assets without credit checks or intermediaries. X Layer has launched six "eModes" for its asset ecosystem, providing loan-to-value ratios of up to 88% for liquidity staking pairs.