Aave’s planned Aave v3 deployment could turn OKX’s X Layer from a niche L2 into a serious DeFi venue.
Aave v3, one of DeFi’s largest lending protocols, is preparing to launch on X Layer, the Ethereum Layer-2 network developed by crypto exchange OKX. The rollout is expected “in the coming weeks,”
The deployment aims to build a core lending market on X Layer and strengthen its liquidity base. X Layer currently trails major Layer-2 networks in total value locked (TVL), with DefiLlama data showing deposits far below leaders such as Arbitrum and Optimism.
Earlier this month, the Aave DAO held a “temp check” to measure community support for expanding onto X Layer.
The proposal framed the move as a chance to “position Aave v3 as the core liquidity layer for this new ecosystem.”
If sentiment continues to hold, the process will advance to a Snapshot vote and then to a final on-chain governance proposal (AIP).
The launch would mark another step in broadening Aave’s multi-chain footprint. For X Layer, it could significantly boost liquidity and user activity.
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X Layer went live on mainnet in 2024 as an Ethereum L2 built with Polygon’s CDK. OKX says the network targets high throughput and near-zero fees and is being refocused on payments and DeFi. Earlier materials highlight OKX’s aim to funnel a large exchange user base on-chain via X Layer.
OKX’s learning hub, updated on Sept. 24, says Aave is “coming” to X Layer with native lending markets (e.g., USDT, ETH), touting deep liquidity pools and tight integration with OKX Wallet and the broader OKX ecosystem.
Aave on X Layer brings DeFi to the next level
Explore The New Money Chain seamlessly using our Wallet
https://t.co/NcrOcHXXNw
— OKX Wallet (@wallet) September 24, 2025
OKX’s update reads like an announcement but does not replace Aave’s governance process.
Any new deployment must still move through the DAO steps: a temp check, a Snapshot vote, and a formal AIP.
At present, X Layer’s footprint is small. Data from DefiLlama shows around $25.9M in total value locked, $36.3M in daily DEX volume, and roughly $87,000 in fees.
By contrast, Aave v3 spans multiple chains with $68.6 billion in TVL, highlighting how a deployment could quickly shift liquidity on X Layer. AAVE was trading near $278 today.
For Aave, the move fits into a broader multichain push. The protocol recently expanded to Aptos, its first non-EVM chain, and is preparing a v4 upgrade designed for cross-chain liquidity.
For OKX, securing a blue-chip lending platform is a direct way to spark credit markets, build on-chain activity, and draw developers.
As the proposal author put it: deploying Aave v3 on X Layer would “position itself as the core liquidity layer for this new ecosystem,” with Snapshot and AIP steps next.
In its post, OKX said Aave’s arrival would bring “market-tested security and deep liquidity,” tightly integrated across the exchange’s wallet and broader ecosystem. The statement was last updated on Sept. 24.
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According to analyst Crypto Patel, Aave’s long-term outlook depends on several key drivers. The upcoming launch of Aave V4 is expected to lift protocol fees, boost total value locked (TVL), and support wider adoption.
Another opportunity mentioned by Patel is the expansion of the GHO stablecoin, which could become a new revenue generator and buyback programs and liquidity upgrades, which could support AAVE.
AAVE/USDT has retracted on the charts following the examination of the resistance group of $340-370. The token is currently trading at approximately 278, decreasing by over -5% this week.
The technical structure shows two important supports: $227 as the first line of defense, and $129 if selling pressure deepens. As long as the price stays above the ascending trendline from mid-2022, the broader trend is still bullish.
On the upside, resistance levels are seen at $372 and $579. A breakout above these could pave the way toward the $1,000 psychological mark.
The current forecasts indicate that there is a potential for a decline to be supported, then buyers will force it upwards, forming a higher lows, higher highs trend.
We can also see that the weekly chart is developing volatility around the resistance as the sellers capped the rallies around the levels of 340-370. In case AAVE contains more than $227, the bulls can re-examine that level, and a positive breakage would enhance the argument for further increase.
To concisely put it, AAVE is trading between clear support and resistance. Holding on to the bullish scenario is being maintained at above $227.
A failure could drag the token toward $200-$150, while a clear move past $372 may accelerate momentum toward $579 and potentially $1,000.
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The post Aave Crypto is Set to Put OKX’s X Layer Back in the Game appeared first on 99Bitcoins.
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