X Layer, OKX's EVM-compatible Layer 2 blockchain, launched Exchange OS, a new upgrade that allows users to deploy their own crypto markets.
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. "Builders still face the same tradeoff — rely on centralized infrastructure or rebuild complex exchange systems from scratch."
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. Users will be able to configure their own models in a permissionless manner through the X Layer Improvement Proposal for Exchange OS (XIP-Exchange OS).
