OKX Wallet Launches DeFi Loop Farming, One-Click Build Leveraged Yield Positions

BlockBeats News, September 7 - According to official sources, OKX Wallet has officially launched its DeFi looping yield product, integrating operations such as deposits, swaps, and borrowing into a single transaction, allowing users to build leveraged yield positions on X Layer with one click. The feature is now available on the "DeFi" page of the OKX App.

It is reported that this product has integrated Aave lending, Pendle yield markets, and X Layer liquidity, supporting users to customize the number of loop cycles, with estimated returns, borrowing costs, and liquidation prices viewable before placing an order. Meanwhile, OKX Wallet's USDG yield-boosting campaign has been extended, with eligible PT-USDG positions automatically continuing to earn rewards. Combined with the looping yield strategy, the maximum APY can reach 34.6%.