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X Layer RWA Ecosystem Liquidity Incentive Program Round 2 Opens, Offering 100,000 USDG in Incentives
Odaily reports: According to official sources, the second round of X Layer's $5 million RWA ecosystem liquidity incentive program is now open. This round focuses on the RWA Meme ecosystem, offering a total of 100,000 USDG in liquidity incentives. The list of selected trading pairs will be announced on September 18. During the campaign period (September 18 to September 25), users can provide liquidity for designated RWA Meme trading pairs and participate in reward distribution.It is reported that X Layer previously completed its first round of RWA liquidity incentives. This round will further focus on the RWA Meme ecosystem, continuing to support the on-chain liquidity development of RWA assets.
X Layer DeFi TVL Hits All-Time High, Surpassing $232 Million
Odaily News: According to official sources, X Layer's total value locked (TVL) in DeFi has reached an all-time high of $232 million. Star, Founder and CEO of OKX, stated in a post on X that TVL itself is not the ultimate goal — what matters more is that lending, stablecoins, RWA, the yield market, and on-chain capital markets are becoming increasingly interconnected and mutually reinforcing on X Layer.It is reported that X Layer is continuously enhancing its DeFi and RWA infrastructure to drive the growth of more real-world assets, on-chain liquidity, and financial applications within the ecosystem.
OKX Wallet Launches Leverage Trading, Supporting Spot Long and Short Positions for X Layer Assets
Odaily Planet Daily News: According to official sources, OKX Wallet has officially launched the "Leverage Trading" feature, integrating Aave lending with DEX spot swaps into a unified trading flow. Users can take spot long or short positions on relevant assets via the self-custody wallet on X Layer. The feature is now available on the OKX App under "DEX > Leverage Trading" and requires updating the App to the latest version. The initial phase will support assets such as BTC, ETH, and SOL.It is reported that users can review key information before placing an order, including estimated trade outcomes, borrowing rates, health factors, and estimated liquidation prices. Users need to authorize each on-chain transaction independently and should be aware that leverage trading involves borrowing, which incurs interest and carries liquidation risk.
OKX Wallet Boost Launches New X Liquidity Incentive Campaign
Odaily News, according to official sources, the new X Liquidity campaign under OKX Wallet Boost has gone live. Users can participate through the Boost entry point in OKX Wallet by providing liquidity to eligible trading pairs. In addition to earning LP yields, participants can share in a total incentive pool of approximately $240,000 in USDT. The campaign will run until September 24, 15:00 (UTC+8).It is reported that X Liquidity serves as the entry point for liquidity incentive and staking campaigns on X Layer, aimed at enhancing on-chain liquidity and trading experience for RWA, stablecoins, and major crypto assets. This campaign is part of X Layer's $5 million liquidity incentive program.
OKX Wallet Launches DeFi Loop Yield Farming, One-Click Leveraged Yield Position Building
Odaily News: According to official sources, OKX Wallet has officially launched its DeFi loop yield farming product, integrating operations such as deposits, swaps, and borrowing into a single transaction, allowing users to build leveraged yield positions on X Layer with just one click. Currently, this feature is available on the "DeFi" page of the OKX App.It is reported that this product integrates Aave lending, Pendle yield markets, and X Layer liquidity, supporting users to customize the number of loops, and allowing them to preview estimated returns, borrowing costs, and liquidation prices before placing an order. Meanwhile, OKX Wallet's USDG yield-boosting campaign has been extended, and eligible PT-USDG holdings will automatically continue to earn rewards. Combined with the loop yield farming strategy, the maximum APY can reach 34.6%.
Pendle PT-USDG Added as Collateral Asset on Aave V3, OKX Wallet Launches Limited-Time Incentives in Tandem
Odaily News According to official sources, Aave governance proposal AIP-514 has been officially approved, and Pendle PT-USDG is now a supported collateral asset for Aave V3 on X Layer, further bridging Pendle's fixed-income market with the Aave lending protocol.It has been reported that OKX Wallet has simultaneously launched a limited-time incentive campaign for PT-USDG. Users can participate through the DeFi section in a one-stop manner, earning up to 6.8% APY. With PT-USDG integrated into Aave, it will further enrich stablecoin yield and lending scenarios on X Layer.
X Layer Launches RWA Ecosystem Liquidity Incentive Program with Total Incentives of $5 Million
Odaily News, according to official sources, X Layer has officially launched the RWA Ecosystem Liquidity Incentive Program, with total incentives worth $5 million, aimed at enhancing the liquidity and trading experience of RWA ecosystem assets. The incentives will be distributed in multiple rounds, with the first round offering $300,000 in liquidity incentives, comprehensively covering liquidity for RWA-related trading pairs, including RWA-stablecoin pairs and RWA-ecosystem token pairs.It is reported that X Layer is continuously improving its RWA ecosystem infrastructure to support the on-chain issuance, trading, and liquidity of more RWA assets.
OKX Launches "OKX Oracle Season 2" with Total Prize Pool of $600,000
Odaily News: According to official sources, OKX has officially launched "OKX Oracle Season 2." Users can use free XP to make predictions on real-world events such as football, esports, macroeconomics, and F1, participate in the weekly PnL leaderboard and the seasonal overall points leaderboard, and share a total prize pool of $600,000. Open the OKX App, navigate to "Trade - Onchain - Outcomes" to join the event.This season continues the practice from Season 1 during the World Cup, with event settlements running on X Layer, and related settlement records can be queried. Free XP serves as activity points and holds no real monetary value. Specific events, prize pool distribution, participation scope, and activity rules are subject to the official page.
Pendle Native Deployment on X Layer, Multi-Incentive Campaigns Launching Soon
Odaily News, According to official sources, yield trading protocol Pendle has been natively deployed to X Layer, with OKX Wallet now supporting user access to Pendle's yield markets. Users can lock in fixed returns through Principal Tokens (PT), trade future yields using Yield Tokens (YT), and participate in liquidity strategies to further expand on-chain asset yield opportunities. Additionally, an exclusive incentive campaign for Aave-backed Global Dollar (USDG) is set to launch in the near future.
Stock-Driven Meme Launch Platform StockMars Goes Live on X Layer, First Token Surpasses $400K Market Cap
Odaily News: The Layer 2 network X Layer, developed by OKX, continues to see rising ecosystem activity. On-chain data shows that its DeFi TVL has exceeded $100 million, stablecoin scale has surpassed $2 billion, and xStocks tokenized stock trading volume now accounts for over 80%.Stock-driven Meme launch platform StockMars (stockmars.fun) has gone live on X Layer. The platform's first launched token, $MARSDOGE, has reached a market cap exceeding $400,000.
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