Aave Expands Lending on X Layer, Bringing $23.5 Billion in TVL

Aave has expanded its decentralized lending protocol to X Layer, the Ethereum layer-2 network operated by OKX. This marks Aave's 21st blockchain integration and adds a lending layer that was previously lacking on X Layer.

X Layer offers average transaction costs of $0.0005 at one-second block times, positioning it within a competitive Ethereum L2 market focused on speed and low fees.

Aave currently holds $23.5 billion in total value locked and operates across more than 20 chains including Ethereum, Arbitrum, and Base. The integration enables OKX Wallet and X Layer users to lend, borrow, and earn yield directly on the network without bridging to another chain.