Aave Launches New Deployment on X Layer With Seven Initial Assets

Aave has gone live on OKX-developed Ethereum Layer-2 network X Layer, adding wallet-native lending access for OKX Wallet users. Users can supply assets including USDT0, USDG, GHO, xBTC and xETH without creating a separate wallet or using a bridge. X Layer also introduced six eModes with loan-to-value ratios of up to 88% for liquid staking pairs. Earlier launch details said the market was deployed by bgdlabs for Aave DAO, with risk analysis from Chaos Labs and LlamaRisk and Chainlink price feeds.

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