OKX · The Block
OKX’s X Layer releases Exchange OS, allowing users to create custom crypto markets
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X Layer, OKX's EVM-compatible Layer 2 blockchain, launched Exchange OS, a new upgrade that allows users to deploy their own crypto markets.
Key facts
- The 2026 World Cup Outcomes is a simulated prediction market venue likely geared towards the 23rd FIFA World Cup jointly hosted by Canada, Mexico, and the U.S. The tournaments launch on June 11
- X Layer, OKX's EVM-compatible Layer 2 blockchain, launched Exchange OS, a new upgrade that allows users to deploy their own crypto markets
- In June, we will launch 2026 World Cup Outcomes, a simulated outcome market deployed directly on the infrastructure," the X Layer team said
- The platform is currently rolling out in stages, with a broader launch planned over time through the XIP-Exchange OS
Summary
According to the official announcement from X Layer, the upgrade enables developers, institutions, and ecosystem participants to create spot, perpetual, and outcome markets with the same infrastructure stack powering OKX. "Exchange OS is designed to address one of the biggest structural limitations in on-chain finance today: fragmented infrastructure," the team wrote. X Layer said it aims to solve this dilemma by creating a shared market infrastructure that provides a shared environment offering flexibility around design, structure, risk controls, and compliance. Exchange OS does this by moving core exchange functions, such as matching, margining, liquidation, settlement, and risk management, to the protocol layer.