According to CoinMeta, OKX Web3 will open up trading infrastructure and shared liquidity through XIP, and the on-chain market is about to enter its public beta phase. At the OKX NOW summit in Singapore, the OKX Web3 team showcased the latest progress of products such as OKX Wallet, DEX trading terminals, and DEFI. The team introduced that, as the underlying network of the OKX Web3 ecosystem, X Layer has continued to develop, growing by approximately 11 times this year and reaching a record high in September. ExchangeOS has already encapsulated functions such as matching, risk control, margin management, and settlement into modular components. In the future, through the XIP - Exchange OS improvement proposal, developers will be able to gradually access the shared trading infrastructure and liquidity, allowing for faster creation of on-chain markets. The on-chain spot and perpetual markets based on ExchangeOS are also about to enter their public beta phase.