2025 Annual Review Special: Friends of OKX's Public Chain

CN
2 days ago

In 2025, public chains may no longer be the sexy track of grand narratives, as what users truly care about is no longer throughput, the amount of financing, or the luxurious lineup of venture capital behind it, but whether there is real user growth, whether there is real money on the chain, and whether there are developers who can stay long-term and applications that can grow beyond their initial scope. In this year, some public chains have completed the transition from "being discussed" to "being used," some have chosen to slow down to refine their underlying capabilities, and some have validated their long-term paths through market fluctuations.

"2025 OKX's Public Chain Friends" is not a retrospective of grand narratives, but rather an invitation for those on the front lines to clarify what has truly been accomplished this year, which judgments have been proven correct, and which areas still need to be corrected—because these are the core issues that the community and users care about the most. In 2025, OKX's collaboration with multiple public chains will no longer be limited to single connections or events, but will focus on the continuous optimization of liquidity, developer tools, and the efficiency of on-chain asset usage. This special feature invites core founders from public chain ecosystems collaborating with OKX to share their genuine experiences during the collaboration: which initiatives have truly driven ecosystem development? What issues still need improvement? At the same time, it looks forward to how both parties can transform short-term cooperation experiences into long-term value.

Optimism occupies 46.6% of Ethereum L2's total TVL, stablecoin scale exceeds $6.1 billion

Jing Wang, co-founder and CEO of Optimism, stated that in 2025, the adoption rate of enterprise blockchain has significantly increased, with Optimism becoming a core infrastructure provider for many enterprises migrating large-scale settlements, consumer applications, and institutional systems onto the chain. Over the past year, the Optimism ecosystem has supported 14.1% of daily cryptocurrency transactions (up from 6.3% in 2024), and now accounts for 62.1% of all Ethereum Layer 2 activities through Superchain (up from 39.8% previously). Additionally, the network processes approximately 24.1 million transactions daily while reducing median fees by 99%, bringing the costs for the vast majority of users nearly to zero.

These performance improvements have unlocked new economic activities for partners, including consumer applications like Base, supporting millions of microtransactions and previously unachievable exchange-driven capital flows due to high costs. Meanwhile, liquidity has also been enhanced, with Optimism holding 46.6% of the total locked value (TVL) across all Ethereum Layer 2s, and the entire ecosystem's stablecoin scale reaching $6.1 billion.

Overall, enterprises increasingly view Optimism's shared, production-ready mature infrastructure as a reliable cornerstone for expanding real-world applications on the chain.

In 2025, OKX will migrate XLayer to OP Stack, marking one of the most significant developments for Optimism in the enterprise sector. OKX has validated a point that many operators are beginning to realize: scalable open-source infrastructure is becoming crucial for running large financial systems on-chain. This move reflects a broader trend: viewing Layer 2 networks as core operational infrastructure.

Collaboration with the OKX team demonstrates that exchanges and infrastructure providers can reach consensus around shared standards, predictable scalability, and long-term ecosystem growth. Looking ahead, we see significant opportunities to unlock additional value through deeper collaboration with OKX and the broader OP Stack ecosystem, whether through shared liquidity channels, a more unified developer environment, or exploring future opportunities within the superchain framework.

Base's fees below 1 cent, on-chain assets exceed $13 billion

Jesse Pollak, founder of Base, stated that in just two years since its launch, it has achieved a processing capacity of 150 million gas per second (150 mgas/s), with block confirmation times reaching 200 milliseconds and fees below 1 cent, providing a home for over $13 billion in assets. Jesse is proud of the progress made by Base applications. It has redefined how the world accesses the chain by integrating social, trading, payment, and application functionalities. Since the beta release, over a million users have joined. With this application, Base is developing and releasing various tools to help creators earn.

OKX understands Base's vision. Their support through the OKX wallet and DEX has played a significant role in helping Base reach a global audience. By directly integrating Base assets into the wallet and providing deep liquidity support for communities like Zora, Virtuals, and Clanker on the DEX, they have built the stage that developers deserve. We appreciate their support in bringing the on-chain future to tens of millions of users worldwide. 2026 will be even more exciting.

Unichain's daily trading volume exceeds $750 million

The Uniswap Labs team shared several key milestones achieved in 2025. Unichain officially launched in April 2025, and since then, its total locked value (TVL) has once exceeded $900 million, achieving an average daily DEX trading volume of over $750 million this summer.

In terms of daily DEX trading volume, Unichain has now stabilized itself among the top tier of Layer 2 networks. Despite being live for only about 9 months, it has successfully established its leading position among mainstream Layer 2 networks this year and is expected to achieve further growth next year.

On the collaboration front, OKX has integrated the Uniswap Trading API into the "Swap" feature of the OKX Wallet. This API allows OKX users to exchange assets across 7 blockchains, utilizing both the classic Uniswap routing (covering v2, v3, and v4 liquidity) and the UniswapX routing, aggregating multi-source liquidity through the RFQ (Request for Quote) mechanism. In terms of annual performance, over 70,000 transactions have been completed to date, with a total trading volume exceeding $250 million and an average single transaction size of over $3,500.

Aptos launches industry-redefining products like Shelby

Avery Ching, co-founder and CEO of Aptos Labs, stated that 2025 is a year of reboot for Aptos, using this opportunity to reflect on past lessons, rebuild with purpose, and lay a solid foundation for becoming the core driving force of the next phase of open and fair finance with a global trading engine. This engine will span market cycles and launch industry-redefining products such as Shelby, Decibel, and Namespaces.

The positive feedback from investors, partners, and the community has greatly encouraged us, and the collaboration with like-minded partners like OKX—whose global influence and mission alignment injects strong momentum into the ecosystem—has played a key role. Aptos is committed to expanding the reach of digital finance, accelerating its application process, and making digital finance a part of the daily lives of individuals and institutions worldwide.

In 2025, the crypto industry has undergone many changes, and for public chains and L2s, the risks and challenges they face are also increasing. As various chains choose to settle down, hone their internal skills, and patiently refine their products, the highway of the blockchain industry has been built; we just need more time to make this wide avenue more bustling.

Sei's independent active wallet count exceeds 13 million

Jeff, founder of Sei, stated that in 2025, Sei established solid partnerships with top traditional financial institutions such as BlackRock, Brevan Howard, Apollo Global Management, and Laser Digital, and achieved another significant milestone with Sei's listing on the Robinhood platform.

With a surge in on-chain activity, Sei has become the leading Ethereum Virtual Machine (EVM) chain by independent active wallet count (reaching 13.67 million in October 2025), and its cumulative transaction volume has surpassed 4 billion. Our ecosystem continues to thrive, with Yei and Metarena successfully conducting token generation events (TGE), while applications like Takaralend, Monaco, Pit.Finance, and Kindred have also gained widespread attention. Looking ahead, we are building the fastest EVM ever—Sei Giga, aimed at setting a new performance benchmark for blockchain infrastructure.

Sei's collaboration with OKX has greatly enhanced Sei's visibility and community influence in Asia, especially in Japan, where we successfully listed on OKX Japan (OKX Jp). Additionally, OKX has supported our ecosystem development through wallet promotion activities, significantly accelerating our growth in the decentralized finance (DeFi) sector. Looking forward, Sei will explore deeper integration into the OKX ecosystem and support the next batch of builders within the OKX community.

Sonic's on-chain transaction volume surpasses 100 million, achieving zero downtime

At the beginning of 2025, Sonic launched a points program and held a decentralized finance and artificial intelligence (DeFAI) hackathon to boost ecosystem activity and incentivize participants. In March, Sonic completed the integration with Aave and Pendle, further enhancing the DeFi infrastructure. From April to May, Sonic's total locked value (TVL) reached $1 billion, and it introduced native USDC.e through Circle's CCTP V2, while launching Sonic Pay with instant, zero-fee transactions. In June, on-chain transaction volume surpassed 100 million, achieving zero downtime and sub-second confirmations, setting one of the fastest milestones among EVM chains; in the same month, it completed a $10 million strategic financing round led by Galaxy Ventures and brought in GSR as a market maker.

From July to September, Sonic hosted the Sonic Summit 2025 in Singapore on September 29-30. In August, it launched the second season of airdrops and an S-level hackathon, and through its first governance proposal, established a U.S. entity to advance institutional custody business with BitGo, while also promoting plans related to ETP/ETF and Nasdaq PIPE listings. In September, Sonic appointed Mitchell Demeter as CEO and welcomed a $25 million Resonance Security special fund launched by CMCC Global. In October, Sonic initiated a $6 million $S token buyback plan; in November, the second season of airdrops concluded successfully.

Past collaborations with OKX have been smooth and efficient, with OKX providing strong support and execution in expanding Sonic's user coverage. Looking ahead, we hope to deepen cooperation in practical areas such as product integration, ecosystem growth plans, user education, and jointly hosting more offline events, helping Sonic achieve sustained growth in multiple regions.

ZetaChain's independent user count exceeds 11.5 million, transaction volume exceeds 223 million

Jessie Zhang, head of ZetaChain's incubation and investment department, stated that in 2025, ZetaChain achieved scalable development, with the number of independent users on its universal blockchain surpassing 11.5 million and transaction volume reaching 223 million. The network expanded through strategic partnerships with Google Cloud, Deutsche Telekom, and Alibaba, and integrated several important chains, including Sui and TON. In terms of regulation, ZetaChain has also made progress, aligning with the European Markets in Crypto-Assets Regulation (MiCAR) and receiving recognition from the Dubai Financial Services Authority (DFSA) in Dubai. As it enters 2026, ZetaChain is expected to further promote the development of the universal blockchain and launch a significant initiative at the intersection of cryptocurrency and artificial intelligence.

Since the early testnet phase of ZetaChain, OKX has been an important partner. The two parties jointly launched the first Cryptopedia event, enabling OKX wallet support on the first day of ZetaChain's mainnet launch and introducing multiple ZETA staking and reward programs for OKX users. Additionally, our team has co-hosted several community events globally, including a BTC exchange meeting at the Token 2049 conference in Singapore, a Bitcoin halving celebration party in Hong Kong, and a full-chain day event at ETH Denver. Looking forward to 2026, we anticipate deepening our cooperation by launching new projects, further promoting the development of the universal blockchain, and accelerating the adoption of AI-driven Web3 applications.

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