The “PP upgrade” integrates the latest Polygon CDK technology
The “PP upgrade” integrates the latest Polygon CDK technology, raising throughput to 5,000 transactions per second, cutting gas fees to near zero, and improving Ethereum compatibility for developers. OKX will integrate X Layer with OKX Wallet, OKX Exchange, and OKX Pay, adding features such as gasless withdrawals.
OKTChain Retirement
As part of the overhaul, OKX will retire OKTChain due to overlapping functions. OKT trading will end on August 13, 2025, with automatic conversion to OKB on August 15 based on a set average price. The chain will remain active until January 1, 2026, allowing users to deposit remaining tokens for conversion.
Revamping OKB Tokenomics
OKX will also revamp OKB tokenomics, keeping it as X Layer’s exclusive gas and native token while phasing out its Ethereum L1 version. Users must bridge tokens to X Layer via OKX, after which L1 withdrawals will be disabled.
Upgrade Plans
The upgrade includes plans for an ecosystem fund, liquidity incentives, and infrastructure improvements, such as upgraded bridges, oracles, and compliance tools.