Ethena's USDe stablecoin now live on X Layer and integrated with OKX Wallet; one-click looping feature coming soon.
DeFi & Yields ·
Ethena's USDe stablecoin is now accessible on X Layer and through OKX Wallet, marking the first integration of the token on the network. The initial deployment goes live via Aave v3 on X Layer, enabling OKX Wallet users direct onchain access to USDe. This represents the first time the OKX Wallet user base—numbering in the millions—can directly interact with Ethena's product offerings.
The integration enables standard stablecoin functionality including holding and swapping USDe across the X Layer ecosystem. X Layer has confirmed that USDe is now native to the network, supporting liquidity provision activities. A one-click looping feature for USDe through OKX Wallet is in development and expected to launch soon, automating a key yield-generating workflow.
The timeline for the looping feature rollout and whether additional integrations on X Layer are planned remain unspecified at this stage.