TL;DR:
- Aave was deployed on X Layer, OKX’s Ethereum L2 network, enabling access to onchain lending directly from OKX Wallet.
- Users can deposit assets such as USDT0, xBTC and xETH to earn yields that compound automatically, without giving up custody.
- X Layer launched six efficiency modes (eModes) allowing different loan-to-value ratios of up to 88% for liquid staking pairs.
Aave, the decentralized lending protocol with approximately $23.8 billion in total value locked according to DeFiLlama, was deployed on X Layer, the Ethereum Layer 2 network developed by exchange OKX. The launch allows users to access onchain lending and deposits directly from OKX Wallet, without needing to set up a separate wallet or perform bridging operations.
OKX users will be able to deposit assets, borrow against collateral and earn yields that compound automatically, all within the same OKX Wallet interface. Assets available for deposit include USDT0, USDG, GHO, xBTC, xETH, xSOL, xBETH and xOKSOL. For borrowing, users can access USDT0, USDG, GHO, xBTC, xETH and xSOL without undergoing a credit check or relying on intermediaries.
DeFi Liquidity with Greater Capital Efficiency
X Layer launched alongside the integration six efficiency modes (eModes) designed for its asset ecosystem. The most favorable mode offers up to an 88% loan-to-value ratio for liquid staking pairs such as xBETH/xETH and xOKSOL/xSOL, while eModes for crypto-stablecoin pairs reach up to 78%, above the protocol’s standard 70%.
Stani Kulechov, founder of Aave Labs, noted that the expansion to X Layer will allow the protocol to connect its liquidity with a constantly growing ecosystem. “It makes it easier to earn, borrow and build applications on the network,” Kulechov stated.
Aave: Easier to Earn and Borrow
OKX indicated that the Aave deployment runs on version 3.6 of the protocol and that users can manage their positions directly from the wallet, including aToken trading such as aXlrUSDT0 and aXlrxETH on OKX DEX, without needing to withdraw funds from Aave beforehand.
OKX seeks to integrate DeFi functionality into its core product. In November 2025, the exchange had already incorporated decentralized exchange trading within the wallet, with support for Base, Solana and X Layer itself, following a trend also adopted by platforms such as Coinbase and Binance.
