The company OKX launched Aptos DeFi on Thursday with the launch of xBTC, a fully collateralized wrapped version of Bitcoin, unlocking free liquidity across chains for the network's ecosystem valued at 1 billion dollars.
XBTC, backed at a 1:1 ratio by BTC held in custody by OKX, allows users to access Bitcoin liquidity in the Aptos ecosystem without paying minting or buyback fees.
