Get to know X Layer, its strengths and drawbacks, and discover how to seamlessly transfer your assets to and from X Layer, along with 20+ other chains, using XY Finance!
(Know More About X Layer Before Reading: Exploring OKX’s Vision: Why OKX builds X Layer? How to interact with X Layer?)
Bridge to X Layer Step-by-Step Guide
If you’re in a hurry to bridge crypto to X Layer, here’s your quick guide:
- Visit Swap page and Click “Connect”
- Connect Your Web3 Wallet
- Select the Tokens & Chains Accordingly
- Check the Details and choose the route
- Approve & Confirm to Swap
- Wait for the transaction to be completed!
Why Bridge to X Layer? Understanding the Benefits
X Layer is a ZK-EVM Layer 2 solution, based on Polygon CDK, launched by one of the world’s largest crypto ecosystems, OKX, as the portal to its rich ecosystem full of innovative dApps. Additionally, X Layer integrates Agglayer to achieve unified liquidity, which means X Layer enables seamless asset transfers across other chains powered by the Polygon CDK ecosystem. This integration not only achieves cross-chain interoperability but also broadens X Layer’s community.
In addition to its innovative approach to developing infrastructure, there are some unique advantages that you should connect to X Layer：
- Affordability：X Layer employs enhanced zkSNARK to make transactions more compact and thus more cost-effective, benefiting developers and end users. According to the official website, the cost is only 1% of Ethereum’s. 🔥
- High performance：X Layer guarantees rapid transaction confirmation, driven by one of the quickest ZK proof algorithms and the most cutting-edge hardware cluster globally.
- $OKB Utilities：$OKB functions as the native token for gas fees and can be used in various protocols on X Layer.
- Rich Ecosystem：It is stated that more than 200 dApps have been deployed, including some top and well-known ones like Galxe and Curve!
Now that you know what sets X Layer apart and why it has already achieved almost 700k transactions in its early stage, let’s explore how you can transfer your crypto assets to X Layer!
How to Bridge to X Layer? Why is the X Layer Official Bridge Not the Best Choice?
In most cases, one might assume that the X Layer Official Bridge is the simplest or easiest way to transfer assets to and from X Layer. However, it does have a few drawbacks:
- The X Layer official bridge facilitates asset transfers exclusively between Ethereum and X Layer only—excluding connectivity with other Layer 1 or Layer 2 networks
- The connection is limited to just two wallets: OKX Wallet and MetaMask.
- It only supports OKB and mainstream stablecoins ETH, UDST and USDC, requiring users to convert unsupported tokens into compatible ones for bridging purposes.
Considering the above limitations, you can start to consider using third-party cross-chain bridges to facilitate your asset transfers to X Layer. Here’s where XY Finance comes in with an efficient and user-friendly way to do so!
Bridge Crypto to X Layer Step-by-Step Guide from Blast, Arbitrum, zkSync and other L2s
XY Finance is a cross-chain bridge aggregator that operates on 20+ EVM chains, including X Layer, ETH mainnet, Blast, and more. XY Finance has a user-focused approach that makes swapping tokens between different chains that much easier and more efficient. This gives users the best options at affordable prices, as well.
Check out this step-by-step guide below and discover just how easy it is to execute a cross-chain swap at the most competitive prices on XY Finance!
⓵ Visit Swap page and Click “Connect wallet”
Start your cross-chain journey
⓶ Connect Your Web3 Wallet
Up to 10 of the most common wallets available!
⓷ Select the Tokens & Chains Accordingly
Cross-chain or single-chain swap are both available.
Be sure to choose $OKB as the received token and X Layer as the destination chain.
⓸ Check the Details
Choose the route and click “Review Route”.
⓹Approve & Confirm to Swap
Click “Transfer” and confirm the message from your wallet.
(For the first time, users need to approve the token to allow XY Finance access.)
⓺ Wait for the transaction to be completed
Transaction status can be tracked on the screen
Cross-chain transactions will be completed within minutes. To view your past transaction records, you can click the “Transaction” button. If your transaction cannot be completed, please raise a ticket in the XY Finance Discord. Our team will be happy to help you resolve the issue as soon as possible.
After Bridging to X Layer: Exploring Promising X Layer Ecosystem!
Now that you’ve learned how to transfer your assets to X Layer, it’s time to begin delving into the diverse range of protocols within the X Layer ecosystem! Whatever your preferences—be it DeFi, SocialFi, GameFi, NFTs, or beyond—you’re bound to discover an X Layer dApp or project that catches your eye. Head to the X Layer ecosystem and commence your exploration today!
Security in X Layer related Cross-Chain Transactions
Whenever you transfer assets from one blockchain network to another, it’s your responsibility to make sure the transactions—and your assets—are secure. Keep reading below for a few pointers you can keep in mind to maintain your digital assets’ security.
- Verify the authenticity of the bridge service that you’re using
- Carefully review your transaction details before you finalize them
- Keep your private keys and wallet information in a secure location
- Stay updated about and remain vigilant against phishing sites and scams
Bridging assets to X Layer is a great bit of knowledge for any Web3 enthusiast’s arsenal. We wrote this comprehensive guide to help add to your understanding of DeFi, as well as guide you to become a more well-rounded and knowledgeable participant in this quick-shifting, ever-changing landscape of blockchain technology. Let’s keep informed about the latest trends in DeFi together—so you can continue to broaden your horizons in this dynamic landscape!
Other Bridging Tutorials for You
Now that you know how to bridge to X Layer, don’t stop there! You can just as easily bridge your assets to different blockchains as you wish with XY Finance. For more detailed information on how to do this, visit XY blog or check out these step-by-step guides below.