OKX Founder Hints At Integrating Kraken’s XStocks Onto X Layer For RWA Expansion
OKX founder Star Xu hints at bringing Kraken's xStocks to X Layer, highlighting stock tokens as a key RWA use case in crypto.
➤ OKX founder Star Xu is considering integrating Kraken's xStocks platform onto OKX's X Layer, a move that would bring tokenized U.S. stocks to the Ethereum Layer 2 network.
➤ This integration aims to expand RWA offerings, allowing users to trade fractional stock ownership on-chain, potentially enhancing liquidity and accessibility.
➤ The proposal faces significant regulatory hurdles, particularly concerning securities laws in various jurisdictions, and remains in a speculative stage.
OKX X Layer Introduces Exchange OS for Onchain Markets
OKX launched Exchange OS on X Layer, allowing developers to build spot, futures, and prediction markets using shared onchain infrastructure.
➤ OKX has launched Exchange OS on its X Layer network, enabling developers to build custom onchain trading markets for spot, futures, and prediction markets using shared infrastructure.
➤ The platform aims to solve fragmented onchain trading infrastructure by offering shared execution, settlement, and risk management layers, allowing for permissionless deployment with customizable compliance.
➤ The first venue, a 2026 World Cup outcome prediction market, is set to launch in June, showcasing the system's capabilities for both regulated and permissionless environments.
OKX pushes X Layer deeper into onchain trading with Exchange OS
OKX has turned X Layer into a bid for shared market infrastructure, with Exchange OS aiming to let builders launch spot, perpetual, and prediction venues
➤ OKX is launching Exchange OS on X Layer to enable developers to build and launch various trading venues, including spot, perpetual, and prediction markets, on shared infrastructure.
➤ The initiative aims to address fragmentation in on-chain finance by consolidating trading, settlement, and margining functions at the protocol layer, while allowing flexibility for front-end and compliance design.
➤ The first use case will be a simulated 2026 World Cup Outcomes market, with the broader goal of simplifying venue deployment and fostering new trading formats on X Layer.
OKX’s X Layer introduces Exchange OS for unified market deployment
OKX's X Layer launches Exchange OS, a permissionless infrastructure enabling developers to deploy spot, futures, and prediction markets with 300K TPS throughput.
➤ OKX's X Layer has launched Exchange OS, a permissionless infrastructure allowing developers to deploy various trading markets (spot, futures, prediction) with high throughput (300K TPS).
➤ The system supports CeDeFi and self-custodial models, requiring a significant stake of OKX's native token (OKB) for market deployment.
➤ This initiative aims to aggregate liquidity and cater to institutional trading needs, though OKB staking introduces potential adoption risks.
Specs
The five big ribs on the X-layer directly stand out. They create vibrations in the water that without a doubt are noticed by predators. Except for the vibrations, the X-layer also makes some noise. This stems from the glass rattle that is located in the tail. You will hear it tap when you shake the tail back and forth. It are only light taps, but they nevertheless add an extra dimension to this seemingly boring, straight little lure. If you still doubt whether this lure has enough 'features', just keep the X-layer under your nose. You will smell the special added anise odor, which the bass alledgedly seem to love.Now I usually have my doubts when it comes to fragrances in or on lures, but as long as the fish don’t mind and bite it’s more than fine with me.
Boat
Now that we have highlighted the special characteristics of the X-layer, the next question obviously is how you fish this lure. This depends on whether you fish from a boat or from the shore. From the boat I have the best experiences with casting an X-layer mounted on a 7-grams SV-69 Decoy jighead. Fishing that light is possible because you move towards the lure. You let the boat drift and cast your lure in the direction which you are heading for with the drift. When you think your lure is almost at the bottom, close the bracket and start reeling the X-layer in with series of three short taps. Make sure you always try to keep as much contact as possible with your lure. The short taps make the X-layer nervously move up and from the left to the right, just like a sandeel on the run.
Shore
From the shore I often fish slightly heavier. This is due to the fact that the small size X-layers do not perform that well in this area: the point on the SV-69 jighead where you attach the line to is at an angle of 90 degrees with the lure. Combined with the not too exceptional casting performance of the X–layer, this will often cause the lure to start spinning in the air. In this case fishing heavier dos not mean a heavier jighead, but larger sized lures: the Giant X-layer. This big brother of the X-layer is combined with a 5 -grams VJ -36 Decoy jighead. The big plus of this type of jighead is that it is in line with the lure and that the setup is weedless. That makes it a perfect combination for shorefishing, as Gaël Rognant showed us. The fishing technique from the shore is almost the same as from the boat. Let the X-layer sink towards the bottom and reel it in with series of a few short taps, each followed by a little pause. The nervous jumps combined with the beautiful downward slide towards the bottom (thanks to the VJ -36 jighead) create an irresistible action.
Flat or round side up?
When it comes to mounting the X-layer on a jighead, I honestly have no clue what would be the best thing to do. On the one hand there are people who firmly believe that the flat side is the upper side and therefore needs to be on top; just like you would do with a shad. On the other hand there are others that claim the opposite: they say that the flat side needs to be on the bottom part, because this would create a nice and longer downward slide which would trigger the bass to attack. Who can tell what’s right? Personally I’m very inconsistent. With a regular jighead I always fish the X-layer with the ‘round’ side up and let the hook stick out nicely between the first and second ridge. This way it also seems as if the tail creates a little more action, because of the bigger bend when rigging the lure like that. Choose whatever feels right to you, because probably both ways work just fine. With the Giant X-layer mounted on a weedless jighead, I nevertheless prefer to do it the other way round; so with the flat side up. Consequently the hook is nicely adjoined with the body and the setup still is really weedless. The position of the lure (related to where you attach the line) is in my opinion also less important with this type of jighead. Lure, hook and line are all aligned, so that the first is free to pivot around its axis.
Colours
Just like all Megabass lures – and no, we don’t have a sponsordeal and have to pay for everything just like you guys – their softbaits have a top notch finishing and are available in some stunning colour patterns. In France the AYU colour is credited for extraordinary catch results and by far the most popular colour. If you would ask me the Avocado Silver, Aurora Pink and Wakasagi perform just as well. In any case pick a colour that you have confidence in. Because if you fish with confidence, you’ll catch fish. One thing you don’t have to doubt is the X-layer’s ability to catch fish. This lure has already proven its special fish catching qualities all over Europe: the bass love ‘em. There is no easy answer to the question why exactly, but meanwhile the X-layer has earned itself a fixed place in my tacklebox as well.
To increase the casting distance, the 7 gram is replaced with a new round jig head with a 14 gram weight. Just a little more weight gives me the opportunity to add an extra 10/20 meters to my casts. Instead of jerking slowly, I slowly retrieve (with an occasional acceleration) the Spindle Worm just above the bottom.. And again it doesn't take to long before I get my first action on the shad. After a short but heavy fight, I hold my second Dutch bass of the season 2012. Except this time the bass is in excellent condition; the bass is not as slim as the bass I caught a week earlier. After a few pictures this bass also is put back in the water. From here it doesn't take much longer than 2 minutes when I receive another hit on the shad.
What a start of the season. The fish are not particularly large, but in excellent condition and provide a good fight. After an hour with no action, we decide to move to another mark and eventually call it a day. With a big smile on my face I drive back the 100 KM to Utrecht where I'm living - already preparing the next trip to Zeeland!
