Liquid Staking is offering a 30% APR, more users are bridging to the Onyx Layer 1, and products like Onyx AI and the gas-free Smart Wallet continue to expand the ecosystem.
Meanwhile, liquidity providers can also participate through $XCN/$USDC farming, giving the community even more ways to engage with the network.
With so many new products launched throughout 2026, it feels like the ecosystem is only getting started.
It’s only been 1 month since staking incentives for the Onyx network were announced, but already 3.93 billion XCN has been staked on the Onyx network. This is definitely a huge achievement. Every day, more people are joining Layer 1 and our ecosystem is growing. Real progress has also been made regarding the activation of the farming feature on the Onyx network and adding liquidity to XCN/USDC. Currently, there’s $503,000 worth of liquidity in the XCN/USDC pool. This is truly great, and with this liquidity, the community can buy and sell on the Onyx network whenever they want. The Onyx team is really working hard and continues to build non stop. We’re all seeing the results together, and it’s definitely exciting.
There was a bit of a teaser on this on the latest post on the onyx official Twitter (X) page. I think we should be expectant on something soon. Although, it’s not certain how soon
