OKB $OKB is the native utility token of the OKX ecosystem, enabling fee discounts, governance, and blockchain integration. More
| Fully Diluted Valuation | $3.33B |
|---|---|
| 24H Trading Volume | $78.25M |
| 24H Low / High | $155.50 / $ 162.58 |
| Circulating Supply | 21.00M |
| Total Supply | 21.00M |
| Max Supply | 21.00M |
| Categories | Exchange-based Tokens 7 more |
|---|---|
| Founder | Jay Hao 1 more |
| Website | okx.com |
| Socials | 5 more |
| Chains | Ethereum Ecosystem 2 more |
| Explorer | Oklink 5 more |
| Contracts |
0x752....2a86c
2 more
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| Name | Pair | OG Score |
|---|
OKB $OKB is the utility token of the OKX ecosystem, established by OKX, a globally recognized cryptocurrency exchange. Launched in 2017, OKB $OKB was designed to fuel the broader expansion of OKX’s suite of decentralized and centralized financial services. The project was conceptualized to enable more seamless interaction among users, enhance exchange efficiency, and create a robust ecosystem of tools and products for blockchain enthusiasts and investors alike.
Since its inception, OKB $OKB has achieved several key milestones. Among them, its successful integration into OKX's ecosystem and its role in token launchpad ventures stand out. By 2020, OKB $OKB gained significant traction when the project introduced token buyback and burn programs, showcasing its commitment to value generation and long-term community growth.
OKB $OKB distinguishes itself through a range of innovative technical features deeply tied to its parent platform, OKX. One of its defining characteristics is the modular approach to utility, effectively making the token a gateway to diverse blockchain tools and services. These include fee discounts, trading privileges, and governance. Its hybrid use across centralized and decentralized applications has positioned OKB $OKB as a bridge to varying blockchain technology paradigms.
Another technical highlight is the token burning mechanism aimed at reducing circulating supply. Historically carried out on a quarterly basis, this program removed tokens from circulation to mitigate inflationary risks and promote scarcity. In August 2025, OKX executed a landmark burn of 65,256,712.097 OKB from historical buybacks and treasury reserves. This event permanently fixed the total supply of OKB at 21 million, and the smart contract was upgraded to remove minting and manual burn functions, providing holders with greater transparency and predictability.
OKB $OKB now operates as the native gas and utility token of OKX’s X Layer, a zkEVM-based public chain. With the PP upgrade in 2025, X Layer achieved throughput of around 5,000 TPS and reduced gas fees to near-zero, strengthening its competitiveness. This transition also coincided with the gradual decommissioning of OKTChain, whose assets are being converted into OKB between August 2025 and January 2026.
OKB $OKB has seen adoption primarily within the OKX ecosystem but has notable real-world applications beyond the exchange. A key use case is in reducing transaction fees on the OKX platform, allowing traders to optimize costs. In 2025 its role expanded further as OKB became the exclusive gas token on X Layer, meaning all transactions and smart contract interactions on the chain require OKB.
The token has also been integrated into third-party applications. Certain online platforms accept OKB $OKB as a payment method for goods and services, demonstrating its penetration into everyday consumer transactions. Institutions have shown considerable interest in the token as well. Partnerships with blockchain projects such as CertiK and custody providers underscore its role in enhancing security and financial infrastructure.
The availability of OKB $OKB in spot and derivatives markets further supports liquidity, while institutional traders continue to leverage it for hedging and exposure to the OKX ecosystem. Its new fixed-supply model and integration into a high-performance zkEVM chain position it more strongly for mainstream adoption.
The tokenomics of OKB $OKB is carefully designed to balance utility, demand, and value creation. As a core feature of the ecosystem, OKB $OKB provides fee discounts during trades, participation rights in token launchpads, and staking rewards for ecosystem contributors.
The new supply framework introduced in August 2025 represents a significant evolution. With a permanent cap at 21 million tokens and the removal of mint functions, scarcity is hard-coded into the model. The previous quarterly burn program was concluded with the final one-time burn, providing long-term holders with supply certainty.
Demand for OKB $OKB now stems from both exchange benefits and blockchain utility. Traders seek fee reductions on OKX, while developers and users must hold OKB to transact on X Layer. This dual source of demand reinforces its ecosystem role.
The strength of OKB $OKB’s ecosystem lies in its actively growing community and developer base. Its global community participates in staking, governance, and education, ensuring the consistent evolution of the token's role.
The developer ecosystem benefits from the upgraded X Layer infrastructure. Tools such as developer kits, APIs, and Ethereum compatibility features make building decentralized applications easier. The zkEVM foundation of X Layer ensures scalability and cross-chain compatibility, opening pathways for institutional-grade applications.
Strategic partnerships continue to drive growth. Collaborations with security firms, custodians, and educational organizations reinforce the network’s credibility. The consolidation of resources after the sunsetting of OKTChain is expected to focus liquidity and innovation around OKB $OKB and X Layer.
As of October 2025, OKB $OKB has undergone some of its most important structural updates:
Permanent supply cap at 21 million following a historic burn of over 65 million tokens in August 2025
Smart contract upgrade removing mint and manual burn functions, improving transparency and security
OKTChain decommissioning with asset conversion into OKB running until January 2026, streamlining ecosystem focus
X Layer upgrade delivering around 5,000 TPS and near-zero gas fees through zkEVM technology with Ethereum compatibility
Institutional engagement through cross-border payment discussions in Asia and Europe, highlighting its growing role in financial integration
OKB $OKB represents more than just a utility token; it is now the core element of the OKX ecosystem, both as an exchange benefits token and as the native token of X Layer. Its history, marked by consistent milestones and capped supply, underscores a focus on innovation and sustainability. With technological diversity, real-world applications, and transparent tokenomics, OKB $OKB remains well-positioned to sustain its influence within the blockchain industry in 2025 and beyond.
The burn mechanism historically reduced supply, but in 2025 a one-time final burn fixed the total supply at 21 million, ensuring permanent scarcity and predictability.
OKB $OKB powers decentralized applications through X Layer, a zkEVM chain offering developer tools, Ethereum compatibility, and scalable smart contract deployment.
Partnerships with blockchain security firms like CertiK, custody providers, and institutional players enhance security and broaden adoption.
OKB $OKB is the primary medium for accessing token launches, giving holders early entry into new blockchain project funding rounds.
OKB serves as the utility token for the OKEx cryptocurrency exchange, providing users with discounts on transactions, voting rights, and access to special features. Its uniqueness lies in its role within the OKEx ecosystem, offering benefits such as fee discounts and passive income opportunities.
Jay Hao, the current CEO of OKEx, and Mingxing "Star" Xu, the CEO of the OK Group, are key figures in the founding and development of OKB. Jay Hao brings significant technology and engineering expertise, while Mingxing Xu founded the original OKCoin in 2013 and later co-founded OKEx in 2017.
You can buy OKB (OKB) on MEXC, Gate.io, OKX, BingXPionex cryptocurrency exchanges.
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