Odaily reports: On October 6, at the OKX NOW summit in Singapore, OKX officially launched its standalone app OKX Money, providing financial services around four core scenarios—transfers, spending, savings, and asset custody—to a broad audience including non-crypto-native users. Built on X Layer, the app uses self-custodial smart accounts and supports round-the-clock digital asset transfers. It is currently available in more than 30 countries.OKX Money also offers Pay Boost, powered by Aave, to European users, allowing them to earn yield while retaining spending flexibility on their funds. In the future, OKX Money will support AI in devising investment strategies based on user needs and executing small transactions within the app upon user authorization.

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.

Odaily Report: xStocks has issued assets totaling $858 million across 8 networks. Among them, Solana leads with $502 million in assets; X Layer and Ethereum hold $180 million and $160 million respectively. Assets on chains other than Solana account for 41% of the total asset scale.

Odaily reports: According to official sources, the second round of X Layer's $5 million RWA ecosystem liquidity incentive program is now open. This round focuses on the RWA Meme ecosystem, offering a total of 100,000 USDG in liquidity incentives. The list of selected trading pairs will be announced on September 18. During the campaign period (September 18 to September 25), users can provide liquidity for designated RWA Meme trading pairs and participate in reward distribution.It is reported that X Layer previously completed its first round of RWA liquidity incentives. This round will further focus on the RWA Meme ecosystem, continuing to support the on-chain liquidity development of RWA assets.

Odaily News: According to official sources, X Layer's total value locked (TVL) in DeFi has reached an all-time high of $232 million. Star, Founder and CEO of OKX, stated in a post on X that TVL itself is not the ultimate goal — what matters more is that lending, stablecoins, RWA, the yield market, and on-chain capital markets are becoming increasingly interconnected and mutually reinforcing on X Layer.It is reported that X Layer is continuously enhancing its DeFi and RWA infrastructure to drive the growth of more real-world assets, on-chain liquidity, and financial applications within the ecosystem.

Odaily Planet Daily News: According to official sources, OKX Wallet has officially launched the "Leverage Trading" feature, integrating Aave lending with DEX spot swaps into a unified trading flow. Users can take spot long or short positions on relevant assets via the self-custody wallet on X Layer. The feature is now available on the OKX App under "DEX > Leverage Trading" and requires updating the App to the latest version. The initial phase will support assets such as BTC, ETH, and SOL.It is reported that users can review key information before placing an order, including estimated trade outcomes, borrowing rates, health factors, and estimated liquidation prices. Users need to authorize each on-chain transaction independently and should be aware that leverage trading involves borrowing, which incurs interest and carries liquidation risk.

Odaily News, according to official sources, the new X Liquidity campaign under OKX Wallet Boost has gone live. Users can participate through the Boost entry point in OKX Wallet by providing liquidity to eligible trading pairs. In addition to earning LP yields, participants can share in a total incentive pool of approximately $240,000 in USDT. The campaign will run until September 24, 15:00 (UTC+8).It is reported that X Liquidity serves as the entry point for liquidity incentive and staking campaigns on X Layer, aimed at enhancing on-chain liquidity and trading experience for RWA, stablecoins, and major crypto assets. This campaign is part of X Layer's $5 million liquidity incentive program.

Odaily News: According to official sources, OKX Wallet has officially launched its DeFi loop yield farming product, integrating operations such as deposits, swaps, and borrowing into a single transaction, allowing users to build leveraged yield positions on X Layer with just one click. Currently, this feature is available on the "DeFi" page of the OKX App.It is reported that this product integrates Aave lending, Pendle yield markets, and X Layer liquidity, supporting users to customize the number of loops, and allowing them to preview estimated returns, borrowing costs, and liquidation prices before placing an order. Meanwhile, OKX Wallet's USDG yield-boosting campaign has been extended, and eligible PT-USDG holdings will automatically continue to earn rewards. Combined with the loop yield farming strategy, the maximum APY can reach 34.6%.

Odaily News According to official sources, Aave governance proposal AIP-514 has been officially approved, and Pendle PT-USDG is now a supported collateral asset for Aave V3 on X Layer, further bridging Pendle's fixed-income market with the Aave lending protocol.It has been reported that OKX Wallet has simultaneously launched a limited-time incentive campaign for PT-USDG. Users can participate through the DeFi section in a one-stop manner, earning up to 6.8% APY. With PT-USDG integrated into Aave, it will further enrich stablecoin yield and lending scenarios on X Layer.

Odaily News, according to official sources, X Layer has officially launched the RWA Ecosystem Liquidity Incentive Program, with total incentives worth $5 million, aimed at enhancing the liquidity and trading experience of RWA ecosystem assets. The incentives will be distributed in multiple rounds, with the first round offering $300,000 in liquidity incentives, comprehensively covering liquidity for RWA-related trading pairs, including RWA-stablecoin pairs and RWA-ecosystem token pairs.It is reported that X Layer is continuously improving its RWA ecosystem infrastructure to support the on-chain issuance, trading, and liquidity of more RWA assets.