At the X Layer offline, the CEO of the OKX Star Xu has stated that the strategic priority of the corporation is the establishment of an open blockchain network. He confirmed that the Ethereum Layer 2 rollup, X Layer, will be the basic infrastructure of the OKX Wallet and exchange.
Three Phases of X Layer
Xu had a three-step roadmap. Phase one will include stablecoins such as Tether (USDT) and USDG. The exchange already partnered with Tether to connect the USDT0 to X Layer, the wallet, and the exchange. Phase two links the large DeFi protocols like Aave, Uniswap, Balancer and Chainlink. It is in fact the move that opens lending, trade and oracle services of X Layer. Phase three starts incentive programs. Therefore, developers and projects that operate on X Layer will be rewarded by the Vision Fund, a 100 million fund provided by OKX.
Role of the Vision Fund
This 100 million dollar investment fund is called the OKX Vision Fund and will allow multiple rounds of incentives. It will aid in initiating startups, protocols and teams that develop the X Layer ecosystem. Xu alleged that the fund was an indication of the commitment of the long-term technology development of OKX rather than short-term profit-making.
X Layer is an Ethereum Layer 2 roll up. It saves on costs, also increases speed and interoperability. It is used together with Particle Network wallet tools and zkStack security modules. The OKX/ OKB token is now the X Layer gas token. X Layer will be integrated with the wallet and exchange of OKX. The users will receive a stable access to cross-chain swaps, stablecoins and DeFi apps.
Market Position
OKX is the second biggest globally in terms of volume of trade. The X Layer approach also improves its Web3 and Decentralized Finance. Tether, Aave, and Uniswap are associated to increase liquidity and adoption. The OKX is a competitor to Binance and Coinbase in the Layer 2 competition because of the Vision Fund.
OKX is faced with regulatory issues. It suspended withdrawals and gave up Mainland China in the years 2020 and 2021. It is currently headquartered in Hong Kong and Malta, though global regulations may still make a difference. In October two, 2025, X Layer is in its phase one. USDT integration is active. DeFi will work with Aave, Uniswap, Balancer and Chainlink. Incentive schemes will come after this. Xu also called the new money chain the X Layer, which is a hybrid of stablecoins, DeFi, and Web3 and run on one scalable platform.