OKX launched XBTC, an asset supported by Bitcoin, on the Solana blockchain, providing native liquidity of bitcoin to the decentralized finance ecosystem (DEFI) of Solana
OKX launched XBTC, an asset supported by Bitcoin, on the Solana blockchain, providing native Bitcoin liquidity to the Solana decentralized financing ecosystem (DEFI). The asset is fixed 1: 1 in Bitcoin, with the guard maintained by OKX.
To support liquidity, Kamino Finance and Orca have engaged more than $ 250,000 as awards in XBTC pools, including $ 100,000 in USDG incentives on the Orca platform and additional $ 150,000 in other awards. This launch aims to combine the Bitcoin value with the high -speed Solana infrastructure, improving the DEFI opportunities on Solana. Industry figures highlighted the role of Solana as an infrastructure supporting Bitcoin as active in this development.
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