Introduction
OKB aspires to become the next BNB in the crypto ecosystem. While the journey is ongoing, its potential is undeniable—if only the project's vision, product naming, and tokenomics were slightly more transparent...
Current OKB Market Data (as of July 2025)
- Price (OKB/PLN): +0.91% (1.62 PLN)
- Market Cap: $2.97B
- 24h Trading Volume: $5.66M
- Circulating Supply: 60M OKB
- Max Supply: 235.96M OKB
What Is OKB?
OKB is the native utility token of the OKX exchange, launched in March 2018. Initially an ERC-20 token on Ethereum, it migrated to OKChain (now OEC) in February 2020. Holders benefit from:
- 30% of OKX’s trading fee revenue distributed indirectly to token holders.
- Discounts, staking rewards, and ecosystem access.
The Rise of Exchange Tokens
Exchange tokens like OKB exploded in popularity as platforms sought capital and user loyalty. Their value hinges on:
- Utility (fee discounts, voting rights, airdrops).
- Supply control (buybacks and burns).
👉 Learn how OKB compares to BNB
Behind OKB: The OKX Exchange
- Ranking: Top 10 global exchange by volume.
- Security: Rated 10/10 by CoinGecko (on par with Binance and Coinbase).
- Services: Spot/margin trading, futures, DeFi, staking, and mining.
- User Base: 20M+ across 100+ countries (excluding the U.S.).
Parent Company: OK Group (founded 2013) oversees OEC blockchain, OKX Blockdream Ventures, and OKX Cloud.
OKB Use Cases
- Trading Fee Discounts (up to 40%).
- Passive Income via OKX Earn (staking, lending).
- JumpStart Launchpad for early project investments.
- OEC Ecosystem Access (supports dApp development).
Tokenomics Challenges
- Original Supply: 1B OKB (reduced to 300M via burn).
- Circulating Supply: Conflicting reports (60M–260M).
- Quarterly Burns: 40M OKB burned to date.
Competitive Landscape
| Token | Exchange | Key Feature |
|---|---|---|
| BNB | Binance | 50% burn target |
| HT | Huobi | Voting rights |
| KCS | KuCoin | 50% fee revenue share |
Wildcard: Cronos (CRO).
Where to Buy OKB
- Primary Market: OKX (90% volume).
- Alternatives: BitMart, AAX, Hotbit.
- Payment Methods: USDT, BTC, ETH.
Storage Options: MetaMask, Ledger, Trezor, Guarda.
OKB and OKX: Key Insights
- Partnership: Multi-million-dollar deal with Manchester City.
- Controversy: 2020 withdrawal freeze due to founder’s arrest.
- Localization: Polish-language support.
Final Thought: OKB may lack hype, but its utility and OKX’s growth make it a strategic portfolio addition.
FAQs
Q: How often does OKX burn OKB tokens?
A: Quarterly, using a portion of spot trading fees.
Q: Can OKB reach BNB’s market cap?
A: Possible, but depends on OKX’s adoption and tokenomics execution.
Q: Is OKB available in the U.S.?
A: No—OKX restricts U.S. access due to regulatory hurdles.
Q: What’s OKB’s max supply?
A: 235.96M after burns (down from 1B).