OKX and Polygon Labs develop zkEVM layer 2 Network in collaboration

On November 14th, OKX disclosed its roadmap for X1, an innovative zkEVM layer 2 network developed in collaboration with Polygon Labs.

The newly introduced layer 2 solution, leveraging Polygon CDK tools, is strategically designed by OKX to enhance transaction speed and optimize costs.

The partnership between OKX and Polygon Labs is geared towards advancing the development of the layer 2 network and implementing scalability solutions within the Ethereum ecosystem.

As outlined by OKX, the exchange is employing Polygon Labs’ Polygon Chain Development Kit (CDK) for network development, with transaction fees payable in OKB, the exchange’s native token.

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