OKX Launches Ethereum Layer-2 Network To Scale With Polygon Technology

OKX Launches Ethereum Layer-2 Network To Scale With Polygon Technology


OKX, a prominent cryptocurrency exchange, announced on Monday the public mainnet launch of its Ethereum-based layer-2 scaling network known as X Layer.

OKX launches X Layer, a layer-2 blockchain, for seamless DApp interaction.

The crypto exchange's platform token, OKB, will serve as X Layer's native asset to pay transaction fees on the network.

A layer-2 Ethereum scaling network built by OKX has launched mainnet, paving the way for new users with the Polygon-based AggLayer.

The news about X Layer comes as other major cryptocurrency exchanges, like Coinbase and Kraken, have also pursued their own layer 2 networks over the last year.

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