API ID:
okb
Trade Symbol:
Coin or Token:
Max Supply:
Use Case:
Launch Date:
Coin Overview
OKB
Token
300 Million
Exchange token
Mar. 2018
OKB
OKB is the exchange token of OKX (formerly OKEx), one of the world’s largest cryptocurrency exchanges. Like Binance’s BNB, OKB gives holders trading-fee discounts, access to special sales, and participation in the OKX ecosystem. With regular token burns reducing supply, OKB is designed to reward long-term users while powering exchange features and DeFi integrations.
A Deeper Dive
Technology & Use Case
OKB was initially an token on Ethereum, later migrating to OKX’s own blockchain, OKT Chain, for faster transactions and ecosystem expansion. It provides trading fee discounts, lets users participate in token sales on OKX Jumpstart, and serves as collateral or utility in DeFi protocols integrated with OKX.
Origins & Team
OKB was launched in 2018 by OKEx (now OKX), a global cryptocurrency exchange founded by Star Xu. Unlike community-launched tokens, OKB was created directly as part of an exchange ecosystem to drive adoption, loyalty, and platform growth. OKX remains the primary driver behind the token’s use and evolution.
Ecosystem & Partnerships
OKB integrates with trading platforms, lending protocols, and payment systems worldwide. The exchange conducts regular token burns (using revenue to permanently remove OKB from circulation), reducing supply over time. OKX has also partnered with Web3 projects and DeFi platforms, positioning OKB as more than just a fee token but as a utility across its growing ecosystem.
A Deeper Dive
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