According to official news from Odaily Planet Daily, leading stablecoin DeFi protocol Curve has announced its deployment on OKX's high-performance Layer 2 network, X Layer. DeFi automated market-making protocol Balancer has also announced its upcoming deployment on X Layer. With these top DeFi protocols officially announcing their partnerships with X Layer, global users will be able to seamlessly experience various DeFi methods and earn returns within X Layer.
Curve Finance is a decentralized exchange optimized for low-slippage trading between stablecoins and similar assets (such as wBTC/renBTC). The protocol utilizes an automated market maker (AMM) specifically designed to provide DeFi users with low-slippage trading and stable fee income for liquidity providers. Balancer is a DeFi automated market-making protocol that utilizes a novel self-balancing weighted pool. The protocol allows anyone to create a pool of assets with predefined weights within the pool. X Layer is designed for high-intensity DeFi scenarios, boasting a transaction processing capacity of approximately 5,000 TPS and near-zero costs, striving to create "The New Money Chain." Through its partnership with Aave, X Layer will further expand ecosystem liquidity and asset utility, accelerating the potential for developers to build financial primitives and integrated applications.
