The X Layer blockchain, developed by OKX, reached a new milestone with 71,400 daily active addresses and almost $1 million in decentralized exchange (DEX) fees. This wave of growth indicates increasing adoption and ecosystem expansion.
Daily Record of User Activity
Reaching 71,400 active addresses represents the highest engagement since X Layer’s public mainnet launch. Active addresses, or wallets used within a day, demonstrate network activity and growing interest in decentralized finance. On the same day, X Layer generated nearly $1 million in fees, placing it second only to BNB Chain among EVM-compatible networks.
Technical Aspects of X Layer
X Layer, developed by OKX in collaboration with Polygon, is a zero-knowledge proof-based, EVM-compatible Layer 2 network. Its public mainnet was launched in April 2024 to scale Ethereum activity while integrating with OKX’s existing services. Following an August update, the network achieved throughputs of up to 5,000 transactions per second and near-zero gas fees, simplifying platform use for developers.
Economic Impact and Ecosystem Growth
X Layer’s DEX has emerged as its primary revenue driver. Fee generation illustrates high liquidity and activity on the platform, moving beyond simple transfers. In August 2025, OKX also introduced a $100 million Ecosystem Fund to support projects building on X Layer. This aims to attract developers and expand use cases beyond trading.
X Layer's success in attracting users and generating revenues highlights its rapid development and firm positioning in the blockchain market, opening new opportunities for developers and users.
