About Aave

OKX, the blockchain technology and trading company serving more than 120 million people globally, today announced the launch of Aave on X Layer, OKX's Ethereum-compatible Layer 2 network. The deployment marks a significant expansion of X Layer's DeFi ecosystem, giving OKX Wallet users and DeFi-native participants access to battle-tested, institutional-grade lending infrastructure directly onchain.

Para, a company providing wallets and payments infrastructure for more than 10 million users, has launched its Transaction Permissions feature, which provides built-in approval prompts that allow users to review and confirm transactions before they are signed. Managed directly through Para’s API, these permission dialogs let developers integrate blockchain wallets and transaction flows into their apps without having to build their own transaction confirmation infrastructure.

Blockdaemon, a leading U.S. headquartered institutional-grade crypto infrastructure company, today announced a strategic partnership with Aave Labs, a core technology contributor to the Aave Protocol, to bring seamless institutional access to decentralized finance (DeFi) lending markets. Together, two trusted names with long-standing security track records are joining forces to set a new benchmark for institutional DeFi.

Bitget Wallet, the leading non-custodial crypto wallet, has selected to partner with Aave, the largest and most trusted decentralized lending protocols, to launch Stablecoin Earn Plus, delivering a long-term base annual percentage yield (APY) of 10%, higher than yields currently available from other self-custodial wallets and major exchanges.