Original Title: "After OKB Hits an All-Time High, How to Participate in This X Layer Meme Craze?"

Original Author: Jerry, Odaily Planet Daily

On August 13, X Layer's official Twitter account announced an upgrade to the OKB economic model after nearly four months of silence, making OKB the sole native Gas token of X Layer. OKX will conduct a one-time buyback and burn of 65,256,712.097 OKB reserved for history, using a smart contract to automatically burn all OKB transferred to the black hole address. Following this operation, manual OKB burns will cease, and the total OKB supply will be capped at 21 million.

Subsequently, OKB skyrocketed to $142.88, with a peak short-term increase of 208%, before pulling back to a low of $88.1 USDT. At the time of writing, OKB is currently trading at $111.71 USDT.

Prior to this, X Layer's on-chain assets had grown by $84.89 million over the past 7 days, reaching a historic high. On August 16, X Layer's transaction volume reached 2.05 million transactions, surpassing Ethereum for the first time in history. Additionally, in the past day, the User Operations Per Second (UOPS) reached 19.23, representing a growth of over 1000%.

Following the sharp rise of X Layer's base currency OKB, meme coins on X Layer have caught the attention of P miners on the chain, as OKB has only doubled in value. Buying meme coins at the bottom may yield tenfold or hundredfold profits.

In this article, Odaily Planet Daily will introduce some basic and commonly used tools and gameplay rules for navigating X Layer.

Launchpad:

DYORSWAP:

DYORSWAP is the first launchpad that supports X Layer. According to their official Twitter introduction, DYORSWAP is a multi-chain decentralized exchange supporting Mode, unichain, ink, soneium, X Layer, and other chains. During the initial resurgence of X Layer, DYORSWAP took on all meme launches.

The current on-chain highest market cap token XDOG is also a sub-platform launch, with its market cap reaching as high as $16 million and now dropping to $8 million.

at the same time

DYORSWAP is also the first platform with an inner bonding curve feature. Unlike other platforms' MINT form, DYORSWAP's inner curve allows free buying and selling, making it more suitable for hot cake PVP.

However, DYORSWAP's UI and optimization are frustrating, often unable to click through, requiring an immediate refresh after clicking to trade, and sometimes even showing remnants of the undeleted PancakeSwap code.

Okay.fun:

Early yesterday morning, Okay.fun launched on X Layer, perhaps due to DYORSWAP's dissatisfaction. Once online, it triggered FOMO, and the platform's supported token OKAY's market cap surged to a peak of $4.5 million, now falling to around $2 million.

According to the official Twitter:

· Token Total Supply: 1 billion tokens;

· Mintable Amount: 800 million tokens;

· Initial Mint Price: 100 OKB;

· Post-Mint Launch Market Cap: 200 OKB.

Each time 1 million tokens can be minted, each wallet can mint multiple times, with a 0.1 OKB fee per mint. Refunds are available anytime before minting is complete. After minting, 40 OKB + 200 million tokens are added to the liquidity on PotatoSwap.

Additionally, the platform's founder is the Causeway Bay Happy Brother (@bazingahappy), a user worth following.

X MINT:

According to official Twitter:

Mint:

First 15 minutes of the inner curve: Everyone mints together; after 15 minutes: enter the Bonding Curve for dynamic pricing with the price increasing with the minting progress;

Refunds are available at any time (only requiring a mining fee, no additional fees); a single mint during the inner curve phase is limited to 1% of the total fundraising amount;

Creator Incentive:

Within 60 days of token launch, creators can receive a daily 0.5% transaction tax reward;

Launch Completion:

· Liquidity automatically migrated to PotatoSwap;

· LP tokens permanently burned (sent to a black hole);

· All tokens launched through X MINT have contract addresses ending in 8888.

The first token launched, XMINT, reached a peak of $1.1 million, now retraced to $500,000.

OK MEME:

OK MEME launched yesterday, featuring an on-chain Bonding Curve like DYORSWAP. Its first token, ABC, reached a peak market cap of $400,000, now retraced to $200,000, with a decline in platform popularity.

SWAP:

PotatoSwap:

PotatoSwap provides liquidity pools for the X Layer, where the liquidity pool can be identified by OKX Wallet. Users can directly trade meme coins with pools on OKX Wallet, prompting many launchpads to add liquidity on PotatoSwap after launch.

Moreover, PotatoSwap plans to launch its own launchpad, expected to be very popular.

DYORSWAP:

If tokens launched in DYORSWAP cannot be traded on the DEX, try using the official SWAP.

Monitoring Tools:

Ave.ai:

Ave.ai now supports X Layer on-chain data queries on all its platforms. Desktop (PC) and Android mobile users of Ave.ai can directly engage in on-chain asset trading for the X Layer on the platform.

Furthermore, users can utilize the Ave.ai official Telegram bot @AveSniperBot for on-chain trading on the X Layer.

Ave.ai, as the only DEX that can currently view X Layer's on-chain candlestick chart and support on-chain trading, is very helpful for PVP.

OKX Web 3:

OKX Web 3 (DEX) currently only supports off-chain trading. The convenience of OKX's official DEX lies in the smooth wallet switching for trading. Additionally, not long ago, OKX Web 3 introduced an auto-confirm function on the web interface. Users, after toggling the switch, can make transactions on the web without the need for additional confirmation in the wallet.

Conclusion

The X Layer ecosystem is still in its early stages, with trading remaining quite old-fashioned, no slippage, and only limited bot support for on-chain trading.

The OKX official did not support this round of Meme market trend and did not endorse various launchpads. X Layer has shown a slight cooling-off trend in the past two days, and users still need to DYOR (Do Your Own Research).

Remember, when the market is bearish, your group chat friends may say to you at any time: "Bro, I'm out of X Layer. All good things must come to an end. This feast has reached its final moments, the delicacies have long been consumed, leaving only crumbs and cold leftovers. The smart ones have eaten their fill and left quietly, while you, in hindsight, are reluctant to leave, fantasizing and eagerly anticipating the next sumptuous main course, only to end up facing the hefty bill of this feast. Someone always foots the bill for the feast, and this time, it's on you."

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