Aave has launched on X Layer, the Ethereum Layer 2 developed by crypto exchange OKX, enabling onchain lending for OKX Wallet users.
OKX announced Monday that Aave’s deployment allows OKX Wallet users to supply assets, borrow against collateral, and earn compounding yield directly on the network. Users can gain access to Aave with no separate wallet setup or bridging required, the company said.
“Its arrival on X Layer brings that same battle-tested infrastructure to OKX’s L2 ecosystem, permissionless, non-custodial, and accessible directly from OKX Wallet,” said OKX in a blog post.
Aave, a major DeFi lending protocol, saw about $23.8 billion in total value locked as of Monday, according to DeFiLlama data. OKX said that the deployment marks a “meaningful step forward” with a top-tier lending protocol expanding to deepen liquidity.
“By expanding to X Layer, Aave connects its liquidity to a growing ecosystem of users and applications, making it easier to earn, borrow, and build applications on the network,” Stani Kulechov, founder of Aave Labs, said in a statement shared with The Block.
Specifically, users can supply assets — including USDT0, USDG, GHO, xBTC, xETH, xSOL, xBETH, and xOKSOL — to earn yield that compounds automatically without giving up custody, according to the blog post.
Users can borrow USDT0, USDG, GHO, xBTC, xETH, or xSOL against collateral, without credit check or intermediary, per the post. X Layer has launched six “eModes,” calibrated to its asset ecosystem, to offer up to 88% loan-to-value for liquid staking pairs, OKX said.
The move marks OKX’s latest effort to follow competitors like Coinbase and Binance by integrating DeFi features directly into its core wallet product. In November 2025, OKX launched in-wallet DEX trading, offering users improved access to decentralized markets on Base, Solana and X Layer.
© 2026 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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