DeFi· ★★★· bullish·

OKX Web3 to open trading infrastructure and shared liquidity via XIP on X Layer

  • —DeFi TVL on X Layer grew roughly 11x this year and hit an all-time high in September
  • —ExchangeOS packages matching, risk controls, margin and settlement into modular components
  • —XIP-Exchange OS will give developers access to shared trading infrastructure and liquidity
  • —On-chain spot and perpetual markets built on ExchangeOS are set to enter public beta
Why it matters: Opening X Layer's infrastructure could accelerate on-chain market launches and sharpen competition among L2s for liquidity and developers.
Source: PANews