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Market News

OKX CEO Unveils Three-Phase Plan for X Layer

Written By Jalpa Bhavsar Jalpa Bhavsar
Fact Checked by Dhara Chavda Dhara Chavda
Published October 3, 2025 7:02 PM
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OKX CEO Unveils Three-Phase Plan for X Layer

The Founder and CEO of OKX, Star Xu, has shared a major development plan for the company’s blockchain project, X Layer.

Speaking recently at an offline meetup, Xu laid out a three-phase roadmap for building out infrastructure and broadening the network’s application in decentralized finance (DeFi).

The first phase will bring stablecoins like Tether (USDT) and USDG onto the X Layer. Xu said integration is already underway and that users will soon be able to hold stablecoins in the OKX Wallet, with the option to earn around 4%–5% annual interest. As of October 2025, USDT integration is live.

Phase two focuses on wider DeFi integration. OKX will partner with leading projects such as Aave, Uniswap, Balancer, and Chainlink. The move aims to integrate lending, trading, and oracle services into the X Layer ecosystem.

In the third phase, OKX will launch incentive programs to incentivize developers. It will fund the programs out of the $100 million “OKX Vision Fund,” which is dedicated to several rounds of funding. Xu characterized the fund as part of a long-term commitment to building blockchain infrastructure.

Focus on upgrades and enhancements

X Layer itself is an Ethereum Layer 2 rollup that is intended to accelerate transactions, lower fees, and enhance interoperability. It will serve as the core of the OKX Wallet and exchange, with OKB acting as the network’s gas token. The platform will also support cross-chain swaps, stablecoins, and DeFi applications.

In the upcoming months, developer incentive programs are anticipated, followed by partnerships with DeFi protocols. The X Layer team will continue focusing on product improvements, technical upgrades, and community engagement to support steady ecosystem growth.

Also Read: Binance And OKX Announce Crypto Payment Cards for Brazil

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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