OKX Upgrades X Layer to Focus on DeFi and Payments

OKX has upgraded its X Layer, transitioning it into a public chain for DeFi and payment applications, bolstered by a major technological update completed on August 5, 2025.

This transformation reduces transaction costs, increases speed, and phases out OKTChain, impacting token ecosystems and potentially altering DeFi and payment landscapes.

OKX Announces Public Chain with 5,000 TPS Capability

Market reactions suggest increased confidence in OKX’s strategic shift, although no direct statements from leadership were noted across public platforms as of yet. The cessation of OKTChain trading and its swap to OKB are key steps for OKX. Developers have highlighted security and throughput advances attributed to updated Pessimistic Proofs, aligning with broader adoption trends.

Data from CoinMarketCap cites OKB’s current price at $120.12. The currency’s market cap stands at $7.21 billion, with an increase in 24-hour trading volume by 4501%, reflecting substantial interest. The past seven days saw a market price jump of 166.64%, indicating an upward trend following the X Layer upgrade.

“In the fast-evolving world of crypto, innovations like OKX’s X Layer set a benchmark for integrated DeFi solutions.” – CZ, CEO, Binance

OKB’s Market Value Surges with 166.64% Growth Post-Upgrade

Did you know? The transition to a public chain can significantly enhance transaction speeds and reduce costs for users.

Analysis by the Coincu research team suggests this upgrade could position OKX competitively within the DeFi space, leveraging its established exchanges and services. However, challenges remain in achieving seamless adoption and integration amidst existing regulatory landscapes.

Analysis by the Coincu research team suggests this upgrade could position OKX competitively within the DeFi space, leveraging its established exchanges and services. However, challenges remain in achieving seamless adoption and integration amidst existing regulatory landscapes.