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D8X has made its mark with its official launch, a remarkable step on the new X-layer layer-2 network operated by the highly regarded crypto exchange OKX. This is a landmark event, with the D8X being the first binary option contract from DEX to operate on the blockchain. Traders in the cryptosphere will find this an unobstructable opportunity.
D8X offers Leadership in Innovation on the X-Layer Testnet
As a member of the D8X team said, “In the course of 2 months on the X Layer testnet, we had 15 thousand users trying the D8X solution already.” This impressive number is a bright proof of a growing interest in decentralized finance.
Collaboration between Layer X and Ethereum Serves as an Impetus for Ethereum Scaling
D8X’s partnership with X Layer is strategically geared towards a quest to drastically reconfigure the crypto terrain. By providing the foundations of X Layer, the D8X DEX is for the first time offering perpetual futures contracts that are built on top of the OKB, which is OKX’s native cryptocurrency.
The next stage of this milestone is D8X’s earlier achievement, which successfully launched on the Polygon zkEVM mainnet in late February. The integration with X Layer symbolizes the dedication of both parties to scale via Ethereum through the Polygon CDK platform, which aims to handle the horizontal scaling issues for the blockchain ecosystem.
In correlation with the boost in decentralized finance, the need for fast and effective methods of work becomes more and more urgent. The introduction of D8X as a perpetual DEX that operates on the X-Layer network of OKX now results in a substantial leap forward toward meeting the need at hand.
The crypto market is developing more and more, and partnerships like one between D8X and X Layer showcase the whole industry’s desire to improve and innovate. In the first place, the D8X project will entail a whole new world for traders and also new avenues in the field of decentralized finance.