After playing around on the X Layer, I genuinely feel that PotatoSwap is particularly impressive. In just one month, the TVL has skyrocketed to 16 million USD, nearly a 10-fold increase, and it has now become the number one DEX on the X Layer. When trading with the OKX wallet, the path almost defaults to it, with ample liquidity and fast transactions, making for a very smooth experience. What excites me even more is the CLMM upgrade launching in early October—once concentrated liquidity is introduced, slippage will be lower and market depth will improve. Whether it's stablecoins, RWA, or highly volatile assets, multiple fee tiers can accommodate them, providing greater strategy space for LPs and more stable returns. In short, adding liquidity pools later will be more cost-effective. Moreover, PotatoSwap hasn't issued tokens yet, but it's highly likely they will in the future. Early participants might even snag some extra surprises. As the "capital efficiency engine" on the X Layer,...
Show original
18.67K
2
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.