OKX, a leading global crypto exchange and Web3 ecosystem, has partnered with Polygon Labs to launch X1, a cutting-edge Zero Knowledge (ZK) Ethereum Layer-2 (L2) network. Built using the Polygon Chain Development Kit (CDK), X1 promises high performance, security, and scalability, positioning itself as OKX's new native network.
Key Features of X1
- Developer-Centric Design: Enables seamless building across DeFi, enterprise, and other Web3 verticals.
- Interoperability: Connects OKX’s 50M+ users with the Polygon and Ethereum ecosystems.
- Native Token: OKB (OKX’s platform token) will power gas fees on X1.
- ZK Proofs: Ensures security, scalability, and reduced transaction costs.
- EVM Compatibility: Supports easy deployment of Ethereum-based DApps and tools.
Collaboration Highlights
- OKX becomes a core contributor to Polygon CDK, dedicating engineering resources to scale Ethereum.
- X1 will serve as OKX’s flagship network, bridging users to major blockchain ecosystems.
👉 Explore how X1 transforms Ethereum scalability
Quotes from Leadership
Jason Lau, OKX Chief Innovation Officer:
"X1 is a gateway for users to enter Web3. Its scalability and interoperability make it ideal for developers crafting consumer-grade applications."
Sandeep Nailwal, Polygon Co-Founder:
"Polygon CDK-powered chains like X1 unlock infinite scalability and unified liquidity. We’re thrilled to collaborate with OKX."
Polygon CDK: A Game-Changer
Launched in August, Polygon CDK allows enterprises to deploy ZK L2s on Ethereum. Notable adopters include:
- Astar (Polkadot’s largest chain)
- Canto (top Cosmos public chain)
- Gnosis Pay, Palm, and IDEX
What’s Next?
OKX and Polygon Labs will announce:
- Further collaboration details.
- Upcoming developer events and incentives.
FAQ Section
Q1: What is X1’s primary use case?
A: X1 focuses on scaling Ethereum for DeFi, enterprises, and consumer DApps while leveraging OKX’s user base.
Q2: How does X1 benefit developers?
A: It offers low-cost, high-speed transactions with EVM compatibility and ZK-proof security.
Q3: What role does OKB play in X1?
A: OKB is the native token for gas fees, enhancing utility within the OKX ecosystem.
👉 Learn more about OKB’s integration