Pendle deploys natively on X Layer as OKX Wallet adds access

Pendle has expanded on X Layer with its first yield market for USDG, a Paxos-issued dollar-pegged stablecoin that has been live on OKX's zkEVM Layer 2 since September 2025. The new market carries an October 2026 maturity date and lets users lock in fixed returns through principal tokens, while yield token buyers take a floating-rate view on whether USDG yield will outperform market pricing. The launch deepens Pendle's multi-chain push into stablecoin and real-world-asset yield markets and gives USDG a dedicated venue for on-chain yield generation on X Layer. Pendle has also signaled exclusive incentives for the market, and an anticipated Aave integration could add further rewards on top of the base yield mechanics.

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