Aave has launched on X Layer, the Ethereum layer 2 network built by OKX. The move brings the largest DeFi lending protocol to a newer blockchain that still has a small onchain footprint. It also gives OKX Wallet and X Layer users direct access to Aave without moving assets to another network.
The launch adds Aave X Layer support at a time when Aave continues to grow across chains. X Layer is now the 21st blockchain to integrate Aave.
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The protocol recently passed $1 trillion in cumulative lending volume, which marked a first for the DeFi lending sector.
For X Layer, the addition is important because the chain has about $25 million in total value locked. By contrast, Aave TVL stands at $23.5 billion, which shows the gap between the protocol’s size and the current scale of the OKX-linked network.
Aave X Layer launch adds lending and borrowing to OKX Ethereum L2
The Aave X Layer integration allows users on OKX Wallet and X Layer to lend, borrow, and earn yield onchain. As a result, users no longer need to bridge funds to another blockchain to use Aave’s lending markets. That removes an extra step and keeps activity inside the same network.
An OKX spokesperson described the launch as part of a broader DeFi push on X Layer. “This is a very versatile expansion of our DeFi ecosystem and as such should benefit the full range of customers we have on X Layer,” the spokesperson told Cointelegraph.
X Layer launched in May 2024. It entered an already crowded Ethereum layer 2 market, where several networks compete on speed, low fees, and app growth. According to the report, X Layer offers average transaction costs of about $0.0005 and one-second block times.
Aave lending volume and Aave TVL show the protocol’s scale
The launch comes shortly after Aave lending volume crossed a major industry threshold. In late February, Aave surpassed $1 trillion in cumulative lending volume. That made Aave the first protocol in the sector to reach that level.
At the same time, Aave TVL stands at $23.5 billion. The platform lets users deposit crypto to earn interest and borrow against collateral. Aave is already active on more than 20 chains, including Ethereum, Arbitrum, and Base, and X Layer now joins that list.
Aave also holds more than $40.4 billion in net deposits. That figure is far above Morpho’s $10 billion. In the DeFi lending market, Aave’s $23.5 billion in TVL is more than three times larger than Morpho’s level, according to the report.
X Layer expands its DeFi lending stack with Aave
Before adding Aave, X Layer had already integrated several known DeFi protocols. These include Uniswap for decentralized swaps, Chainlink for oracle services, and Stargate for cross-chain transfers. However, a major crypto lending protocol had not yet joined the network.
With Aave on X Layer, the chain now adds one of DeFi’s main services. Lending and borrowing often support broader ecosystem activity because users can manage liquidity without selling their holdings. Therefore, the integration gives X Layer a more complete DeFi offering.
The report also noted that Aave generated more than $6.2 million in revenue over the last 30 days. That total was more than five times higher than second-place Morpho during the same period. In parallel, the Aave DAO recently backed the V4 mainnet plan in a near-unanimous vote, showing continued protocol development as Aave expands across more networks.
Tatevik Avetisyan is an editor at Kriptoworld who covers emerging crypto trends, blockchain innovation, and altcoin developments. She is passionate about breaking down complex stories for a global audience and making digital finance more accessible.
📅 Published: March 30, 2026 • 🕓 Last updated: March 30, 2026
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