OKX Web3 to Open Trading Infrastructure and Shared Liquidity Through XIP, Onchain Markets Soon to Enter Public Beta

At the OKX NOW Summit in Singapore, the OKX Web3 team showcased the latest developments across products including OKX Wallet, DEX trading terminal, and DeFi. According to the team, X Layer, as the underlying network of the OKX Web3 ecosystem, continues to grow, with DeFi TVL expanding roughly 11x this year and hitting an all-time high in September.

Among these, ExchangeOS has encapsulated capabilities such as matching, risk control, margin, and settlement into modular components. In the future, through XIP-Exchange OS, an X Layer improvement proposal, developers will be supported in gradually accessing shared trading infrastructure and liquidity to create onchain markets more quickly. Onchain spot and perpetual markets built on ExchangeOS are about to enter public beta.