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    Home»News»Aave Expands to OKX’s X Layer: DeFi Lending Now Live on Ethereum L2
    News

    Aave Expands to OKX’s X Layer: DeFi Lending Now Live on Ethereum L2

    Oli DaleBy Oli DaleMarch 30, 2026No Comments3 Mins Read
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    Key Highlights

    • The leading DeFi lending platform Aave has deployed on X Layer, the Ethereum Layer 2 solution developed by OKX
    • Users of OKX Wallet can now access lending, borrowing, and yield generation features natively without cross-chain bridging
    • Available assets on X Layer include USDT0, xBTC, xETH, xSOL, with loan-to-value ratios reaching up to 88% for liquid staking token pairs
    • With $23.5 billion in total value locked, Aave recently surpassed $1 trillion in all-time lending volume
    • The X Layer deployment marks Aave’s 21st blockchain integration, expanding beyond Ethereum, Arbitrum, and Base

    The premier decentralized finance lending platform Aave has officially deployed on X Layer, OKX’s Ethereum Layer 2 scaling solution. This integration enables OKX Wallet users to engage with onchain lending services directly, eliminating the need for external wallets or asset bridging across networks.

    🔥JUST IN: @aave, the largest DeFi lending protocol with $23.5B TVL, has launched on @okx's Ethereum L2, X Layer. pic.twitter.com/W2pUtXtDwH

    — The Crypto Times (@CryptoTimes_io) March 30, 2026

    The crypto exchange OKX revealed the integration on Monday. The deployment allows users to deposit assets, take out collateralized loans, and generate compounding returns entirely within the OKX Wallet environment.

    “The deployment of this battle-tested infrastructure on X Layer brings permissionless, non-custodial DeFi capabilities directly to OKX’s L2 ecosystem, accessible seamlessly through OKX Wallet,” OKX stated in an official announcement.

    Stani Kulechov, the founder behind Aave Labs, expressed enthusiasm about the partnership. “This expansion to X Layer connects Aave’s deep liquidity pools with an expanding user base and application ecosystem, simplifying the process of earning yield, borrowing capital, and developing decentralized applications on the network,” Kulechov noted.

    The platform supports multiple digital assets including USDT0, USDG, GHO, xBTC, xETH, xSOL, xBETH, and xOKSOL. Borrowers can access capital without traditional credit checks or centralized intermediaries.

    Expanding DeFi Infrastructure on X Layer

    X Layer went live in May 2024. The network currently maintains approximately $25 million in total value locked. Transaction costs on the chain average $0.0005, with blocks confirmed every second.

    Additional DeFi platforms operating on X Layer include Uniswap, Chainlink, and Stargate. The Aave integration represents the most significant protocol addition to the ecosystem thus far.

    X Layer has implemented six specialized “eModes” designed for its asset landscape. These configurations enable loan-to-value ratios as high as 88% for liquid staking token combinations.

    This strategic move aligns with OKX’s wider initiative to integrate DeFi functionality directly into its wallet infrastructure, mirroring strategies from rivals Coinbase and Binance. In November 2025, OKX introduced native decentralized exchange trading within its wallet across Base, Solana, and X Layer networks.

    Aave’s Performance Metrics and Growth

    Aave maintains approximately $23.5 billion in total value locked distributed across more than 20 different blockchain networks. This figure exceeds its nearest rival, Morpho, by over threefold, as Morpho holds approximately $10 billion.

    In late February, the protocol achieved a historic milestone by surpassing $1 trillion in cumulative lending volume, becoming the first DeFi platform to reach this threshold.

    Over the past 30 days, Aave generated more than $6.2 million in protocol revenue, outpacing Morpho’s earnings by more than five times during the identical timeframe.

    Net deposit volumes on Aave exceed $40.4 billion. The X Layer integration represents the protocol’s 21st blockchain deployment.

    This launch follows a decisive Aave DAO governance vote that overwhelmingly approved the Version 4 mainnet roadmap, demonstrating ongoing development momentum throughout the protocol ecosystem.

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