LayerZero and 21X spent a month testing what happens when the order book for tokenized U.S. stocks runs entirely on-chain. Their November 4 results put a concrete number on that crypto watchlist story. The private pilot recorded 10,000 order matches per second, giving institutions an early measure of what the technology could handle under test conditions.
Remittix has taken an offer for existing crypto balances through testing and into public use. Earn supports ETH, USDT and USDC, with weekly payouts and advertised rates up to 17.4% APY on standard options. Eligible RTX holders can access up to 21.4% APY on qualifying options. Earn logged $1.7 million in TVL in its first five testing days.
Crypto Watchlist: What Did LayerZero and 21X Test?
LayerZero’s pilot announcement says 21X ran its central limit order book on a private, permissioned deployment of Zero. The test focused on tokens representing U.S. equities.
An order book matches buyers and sellers. Running that process on-chain matters because the network has to carry the matching workload itself. The reported throughput gives the companies a benchmark for further testing.
The private setup also gave operators control over participation and data visibility. Those features matter to institutions that need to know who can use a market and who can see trading data.
The next development to watch is how testing translates into actual services. Performance benchmarks answer a technical question. Production plans would answer separate questions about access, supported instruments and the rules under which trading could take place.
Remittix Earn Starts With Assets a Customer Already Understands
Remittix is first a PayFi project. It lets senders use crypto for supported transfers while recipients get fiat in their bank accounts. The iOS wallet helps customers manage crypto, and Markets provides perpetual futures through Hyperliquid. Earn gives holders another way to use part of a balance before their next payment or trade.
A customer can open Remittix Earn with a single question. What are the live options for the USDC, USDT or ETH I already have? Aave, Morpho, Fluid and Maple Finance pools are available, so a holder can compare options for their chosen asset from the same dashboard.
That makes the launch useful to a customer who wants to get straight to the decision. They can check the payout frequency, see which options are available and review the terms for getting funds back. The process starts with a balance the customer recognizes and a purpose they have already chosen for it. For example, someone paid in USDC can go straight to options for that asset and ask whether a weekly payout suits the timing of their expenses.
That approach also gives RTX a clean introduction. A customer can look at standard terms first and then see where the higher advertised rate applies to eligible RTX holders. The token earns a second look if it improves the offer on a qualifying option the customer already wants to consider.
Public Access Gives Remittix Three Routes to New Customers
ETH holders and users of USDT and USDC can discover the same product through the asset they already use. That gives Remittix three routes to reach customers before a token purchase enters the picture. The stronger the first experience with Earn, the more natural it becomes to ask what the qualifying RTX tier would add to a balance the user plans to keep.
That gives the upcoming token a commercial advantage. Customers can see why it matters before deciding whether to buy it. Remittix can show a product today, point to capital committed during testing and give a prospective RTX holder a specific benefit to evaluate. The wider PayFi business has something to gain as well. A person who first comes for an Earn pool may already know where to look when a bank transfer comes up.
Explore all three Earn deposit assets.
Website: https://remittixpresale.io
Earn: https://remittixearn.io
X: https://x.com/remittix
Frequently Asked Questions
Why are LayerZero and 21X on the crypto watchlist? Their private Zero pilot tested an on-chain order book for tokenized U.S. stocks and recorded 10,000 matches per second.
Which deposit assets does Remittix Earn support? The public platform supports ETH, USDT and USDC.
How does RTX affect Remittix Earn rates? Eligible RTX holders can access up to 21.4% APY on qualifying options. Standard options advertise up to 17.4% APY.
Disclaimer:
This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry risk, including total loss of capital.
All market analysis and token data are for informational purposes only and do not constitute financial advice. Readers should conduct independent research and consult licensed advisors before investing.
Crypto Press Release Distribution by BTCPressWire.com
Leave a Reply
You must be logged in to post a comment.