OKX Web3 will open trading infrastructure and shared liquidity through XIP, and the on-chain marketplace is about to enter public beta.

BlockBeats news, October 6 — at the OKX NOW summit in Singapore, the OKX Web3 team presented the latest progress on products including OKX Wallet, DEX trading terminal, and DeFi. According to the team, as the underlying network of the OKX Web3 ecosystem, the X Layer ecosystem continues to develop, with DeFi TVL growing about 11 times this year and hitting a record 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, it will support developers in gradually accessing shared trading infrastructure and liquidity to create on-chain markets more quickly. The on-chain spot and perpetual markets based on ExchangeOS are about to enter public beta.