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OKX X Layer Hits 71,400 Active Addresses and $1M in DEX Fees

  • X Layer daily active addresses hit 71,400, the highest since its public mainnet launch.
  • Nearly $1M in daily DEX fees places X Layer second only to BNB Chain among EVM peers.
  • Total addresses surpass 4M, indicating accelerating adoption and broader ecosystem growth.

OKX’s X Layer blockchain achieved a new milestone of recording 71,400 daily active addresses and generating nearly $1 million in decentralized exchange (DEX) fees. The surge pushed its total addresses to over 4 million, placing the network second only to BNB Chain among Ethereum Virtual Machine (EVM)-compatible networks in DEX revenue. The surge highlights its accelerating adoption, fueled by low fees, zkEVM design, and OKB token integration.

Daily Record of On-Chain Activity

The milestone is the highest daily engagement since X Layer’s launch. Active addresses, or wallets used within 24 hours, show strong network usage, indicating an increase in user activity in decentralized finance and trading activity on the network.

On the same day, transaction growth also translated into substantial revenue. According to on-chain data, X Layer’s decentralized exchange produced nearly $1 million in fees, putting it right behind BNB Chain, indicating its fast growth compared to other EVM-based competitors.

The active address peak was not isolated. The broader user base now exceeds 4 million addresses, creating a large pool for future adoption. This figure shows cumulative participation since mainnet launch, adding strength to the daily usage spike.

Technical Foundation and Integration

X Layer, developed by OKX in collaboration with Polygon, runs as a zero-knowledge proof-based, EVM-compatible Layer 2 network. It launched its public mainnet in April 2024 to scale Ethereum activity while integrating with OKX’s existing services.

Following an August update, X Layer achieved throughputs of up to 5,000 transactions per second and near-zero gas fees. The upgrade also rendered the network completely Ethereum-compatible, allowing developers to deploy their existing smart contracts with minimal adjustment.

Additionally, OKB functions as the sole gas token across the network. The design ties blockchain activity directly to OKX’s broader ecosystem, connecting the exchange, wallet, and payments with its Layer 2 infrastructure. This integration simplifies user experience and creates a unified on-chain framework.

Related: OKX CEO: VPN or Tor Users May Be Classified as High‑Risk Accounts

Economic Impact and Ecosystem Growth

X Layer’s DEX has emerged as its primary revenue driver. Fee generation suggests active financial activity rather than speculative holding, emphasizing usage beyond simple transfers, and its daily fees near $1 million show its high liquidity and trading on the platform.

In August 2025, OKX also introduced a $100 million Ecosystem Fund to support projects building on X Layer. This fund aims to attract developers and expand use cases beyond trading, covering applications in NFTs, gaming, and decentralized finance.

Market comparisons provide context for the achievement. While BNB Chain remains dominant, X Layer’s position ahead of Arbitrum, Optimism, and Avalanche in DEX fee generation shows fast progress. Moreover, the latest achievement strengthens its highs. 

A broad user base not only drives adoption but also creates opportunities for developers targeting an engaged audience. Combined with the fee growth, this expansion suggests an ecosystem actively onboarding users and encouraging repeated participation.

Disclaimer: The information provided by CryptoTale is for educational and informational purposes only and should not be considered financial advice. Always conduct your own research and consult with a professional before making any investment decisions. CryptoTale is not liable for any financial losses resulting from the use of the content.

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