SINGAPORE, Dec. 21, 2023 (GLOBE NEWSWIRE) -- OKX, a leading Web3 technology company, has issued updates for December 21, 2023.
OKX Announces Integration of Band Protocol, zkLink, TaskOn, Meson, HorizonDEX and XY Finance into X1 Network for Enhanced Web3 Functionality
OKX today announced that Band Protocol, zkLink, TaskOn, Meson, HorizonDEX and XY Finance have integrated with the testnet version of X1, OKX's new, highly performant and secure Ethereum-based Zero Knowledge (ZK) Layer-2 (L2) network, built with the Polygon Chain Development Kit (CDK). These integrations expand the capabilities of X1, providing users with the opportunity to explore a diverse range of Web3 solutions in a secure and controlled environment.
• Band Protocol is a cross-chain data oracle platform that enables users to leverage real-world data and APIs in their smart contracts.
• zkLink is a zk-rollup trading infrastructure, empowering users to engage in DeFi, real-world assets and NFT DApps in a roll-up centric, multi-chain environment.
• TaskOn is a decentralized platform for Web3 task management, simplifying campaign creation and execution while enhancing community engagement and brand awareness.
• Meson provides a faster and safer way to execute low-cost, zero-slippage ETH and stablecoin cross-chain swaps.
• HorizonDEX is a high-performing V3 concentrated liquidity DEX on Linea and Base.
• XY Finance enables cross-chain asset swaps across major EVMs, including zkSync, Optimism, Arbitrum, Line, Base, Scroll and more.
With these integrations, the X1 network continues to grow and develop, offering users and developers access to the world's biggest blockchain ecosystems. X1, a state-of-the-art protocol designed for builders, creators and Web3 enthusiasts, provides high security and scalability while reducing transaction costs. The network's compatibility with Ethereum ensures seamless deployment of EVM-based DApps, and its connectivity with various smart contracts, wallets and tools enhances the user experience.
For more information, please visit the X1 website, or follow X1 on X and Discord.
For further information, please contact:
Media@okx.com
About OKX
A leading global technology company driving the future of Web3, OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike, including:
• OKX Wallet: The world's most powerful, secure and versatile crypto wallet which gives users access to over 80 blockchains while allowing them to take custody of their own funds. The wallet includes MPC technology which allows users to easily recover access to their wallet independently, removing the need for traditional, 'written down' seed phrases. In addition, OKX Wallet’s account abstraction-powered Smart Account enables users to pay for transactions on multiple blockchains using USDC or USDT, and interact with multiple contracts via a single transaction.
• DEX: A multi-chain, cross-chain decentralized exchange aggregator of 300+ other DEXs and approximately 15 bridges, with 200,000+ coins and more than 20 blockchains supported.
• NFT Marketplace: A multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces including OpenSea, MagicEden, LooksRare and Blur.
• Web3 DeFi: A powerful DeFi platform that supports earning and staking on about 70 protocols across more than 10 chains.
OKX partners with a number of the world's top brands and athletes, including English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, Olympian Scotty James, and F1 driver Daniel Ricciardo.
As a leader building innovative technology products, OKX believes in challenging the status quo. The company recently launched a global brand campaign entitled, The System Needs a Rewrite, which advocates for a new paradigm led by Web3 self-managed technology.
To learn more about OKX, download our app or visit: okx.com
