Uniswap Integrates as Preferred DEX on OKX’s X Layer, Expanding DeFi Access
Uniswap has launched on OKX’s X Layer and been named the layer’s preferred decentralized exchange. The integration allows X Layer users to access Uniswap markets, token pairs and liquidity pools with swaps executed at layer-2 costs and without fees charged by Uniswap Labs. X Layer is OKX’s EVM-compatible layer-2 network, integrated with the OKX wallet and exchange to streamline asset transfers. Uniswap, one of the largest DEXs, reports roughly $4.4 billion in total value locked (per DeFiLlama). OKX founder and CEO Star Xu described the move as a core element of phase two in OKX’s three-phase rollout, which focuses on integrating major DeFi protocols and strengthening infrastructure. The partnership reflects a broader exchange trend of deploying layer-2 chains to connect centralized user bases with onchain DeFi activity, following examples such as Coinbase’s Base and Gate.io’s Gate Layer.
Bullish
This integration is likely bullish for Uniswap activity and OKX’s DeFi ecosystem. Listing Uniswap as the preferred DEX on X Layer reduces trading friction and gas costs for a large centralized exchange user base, which should increase onchain trading volume and liquidity on the network. Historical precedents—such as Coinbase launching Base and subsequent DEX volume concentration on Base—show that exchange-built Layer-2s can rapidly attract users and raise protocol activity. Short-term effects: increased trading volume and higher token swap activity on X Layer, possible uptick in UNI trading interest and spreads tightening due to deeper liquidity pools. Longer-term effects: stronger retention of users within OKX’s Layer-2 ecosystem, potential migration of more DeFi projects to X Layer, and improved network effects that support higher sustained onchain volume. Risks/neutralizers include competition from other layer-2s, possible centralization concerns that may limit some DeFi users, and the degree to which OKX promotes the integration. Overall, the move improves market access and liquidity dynamics, favoring positive price action and trading opportunities for tokens and protocols tied to Uniswap and OKX’s X Layer.