Introduction
Unleashing the Next Wave of DeFi on X Layer Blockchain
SwapX will be one of the first decentralized exchanges based on V4 technology.
Integrating concentrated liquidity pools and active liquidity management in synergy with the ve(3,3) tokenomics model will ensure stable growth and fair redistribution of protocol earnings to participants.
It will be deployed on the X Layer blockchain, an upcoming ZK L2 network powered by OKX and built using Polygon CDK.
X Layer launch is scheduled for the end of Q1 2024.
X Layer will become OKX's new native blockchain, giving developers access to over 50 million users with billions of assets on the platform.
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