OKX, a fintech company known for its global crypto trading platform and its on-chain wallet and marketplace, is pleased to announce the launch of Aave on X Layer, OKX’s Ethereum-compatible Layer 2 network. Aave is a famous decentralized, non-custodial liquidity protocol that users can participate in as a supplier or borrower. The main goal of expanding X Layer’s Decentralized Finance (DeFi) ecosystem is to provide easy access to proven, institutional credit infrastructure directly on-chain.
Aave has a successful track record in more than a dozen blockchain networks, along with perfection. Aave is famous for having the largest decentralized liquidity protocol in the world by total value (TVL) and net deposits. Its arrival on
Aave’s growth continues with seamless OKX Wallet integration
Stani Kulechov, founder of Aave Labs, gave his thoughts on the integration of OKX and Aave. He said, “By expanding to
This integration means that today Aave can be accessed natively on X Layer via OKX Wallet, without any specific wallet setup requirements. This alliance offers USDT0, $USDG, $GHOxBTC, xETH, xSOL, xBETH, and earn competitive returns that work automatically. Moreover, this will also increase crypto ownership due to the easy accessibility of stablecoins.
Aave and OKX integration improves lending power and DeFi flexibility
The combination of Aave and OKX is much more important than you think because it also helps to borrow USDT0, $USDGAnd $GHOetc. X Layer has 6 confirmed eModes. Users can borrow up to 88% LTV for liquid staking pairs, or up to 78% LTV for crypto-to-stablecoin eModes versus the standard LTV of 70%.
Going forward, this partnership with the OKX ecosystem will provide deposit and management of funds on Aave X Layer within OKX Wallet, independent of Aave’s interface. Trade tokenized Aave availability positions, a token (aUSDC, aWETH, aUSDT) directly on OKX Decentralized Exchange (DEX) anytime, anywhere, without manually withdrawing funds from Aave first, with real-time market data and prices.