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OKX Launches X Layer, Built with Polygon CDK

Twitter icon  •  Published 1 year ago on April 17, 2024  •  Hassan Maishera

The Polygon Labs team announced via X on Tuesday that OKX has launched its X Layer, the ZK-powered L2 built with Polygon CDK.

OKX Launches X Layer, Built with Polygon CDK

The Polygon Labs team announced via X on Tuesday that OKX has launched its X Layer, the ZK-powered L2 built with Polygon CDK. With X Layer, builders can access shared users and liquidity via the AggLayer, and users can transact across chains without bridging. 

X Layer is connected to AggLayer, which enables the chain to tap into a new kind of scaling environment, where liquidity, state and users are unified. Core crypto projects and infra have already integrated support for X Layer, including LayerZero, The Graph, QuickSwap, Galxe, Timeswap, and many others.

Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications. MATIC is up by 5% in the last 24 hours and is currently trading at $0.7068.

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Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.