Onyx Protocol, a decentralized platform that enables peer-to-peer lending and borrowing of various digital assets, today announced the official launch of its Goliath mainnet. Based on today’s social media post, Onyx announced that Goliath, a new Layer-1 blockchain network that aims to provide a secure and seamless infrastructure for banks and financial services providers, is now live.
Onyx Protocol is a DeFi platform built on the Ethereum blockchain, which provides users with efficient and secure borrowing and borrowing solutions. Powered by the decentralized infrastructure and native token, $XCN (Onyxcoin), Onyx enables both retail and institutional clients to lend, borrow and offer DeFi liquidity in an immutable, secure and transparent manner.
We’re excited to announce that the Goliath mainnet is now live and seamlessly integrated into the @Onyx app, in addition to native #$XCN Ethereum ERC-20 support.
Entrance to the Goliath Bridge, $XCN liquid staking and swaps now at https://t.co/QrIvGjwUnF 👈https://t.co/gKDolqmrbn pic.twitter.com/jac928TSmw
— Onyx (@Onyx) March 28, 2026
Why Onyx is rolling out Goliath Blockchain
Onyx has positioned itself on the front lines of DeFi, addressing one of the long-standing challenges of the decentralized finance industry: the inaccessibility of capital to mainstream utilities. Capital inefficiency has hampered the potential of several traditional DeFi lending platforms, limiting how they offer collateral and digital assets to users. Often such networks suffer from barriers such as centralization, fragmented liquidity and limited token support.
Onyx Protocol solves the above challenges by operating a fully decentralized, multi-token liquidity platform that provides comprehensive access to cross-chain capital, ensuring effective use of crypto assets. Today, Onyx announced its network development by rolling out a new Layer-1 blockchain, popularly known as Goliath, aimed at serving the needs of financial institutions. According to the announcement made today, the Goliath mainnet uses a PoS (proof-of-stake) consensus model to provide transaction speeds comparable to high executions handled by networks like Visa, which deliver 24,000 transactions per second.
Further revelations by Onyx reveal that Goliath operates an independent Layer-1 blockchain built on the $XCN Ledger, but remains interoperable with various financial networks.
Advancing the future of TradFI-DeFi connections
After years of rigorous development, testing and community building since 2024, the launch of the Goliath mainnet marks a transition from testnet to a fully operational chain that unlocks seamless DeFi liquidity for banks and financial institutions, giving them unparalleled speed, security and scalability.
Today, most Layer-1 blockchain networks are designed to meet the demand for open general utility platforms for digital assets and applications. Goliath takes a different approach, specifically tailored to banks, financial institutions, fintech platforms and the real financial market infrastructure.
This means higher renditions because institutions need network reliability with predictable uptime, robust security, fast processing, and infrastructure that can scale under pressure. Goliath is aligning its blockchain network with these expectations, offering 24,000 transactions per second, putting it on par with Visa’s global payments network.