OKB

OKB

Exchange Token of OKX — One of the World's Largest Crypto Exchanges

Launch Year
2019
Consensus
Proof of Stake
Max Supply
300,000,000 OKB
Block Time
~12 seconds
OKB
OKB
OKB
Price
24h Change
Market Cap
Volume (24h)
Circulating Supply
Swap OKB Now
  • No KYC or registration
  • Non-custodial — your keys, your crypto
  • 1000+ supported exchange pairs
  • Best available exchange rate

OKB Price Chart

OKB / USD
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About OKB

OKB is the utility and governance token of OKX (formerly OKEx), one of the world's largest cryptocurrency exchanges by trading volume. Launched in 2019 by the OKX blockchain ecosystem, OKB provides trading fee discounts on OKX, access to exclusive investment opportunities via OKX Jumpstart, voting rights in ecosystem decisions, and serves as the native gas token for X Layer — OKX's Ethereum Layer-2 network built with Polygon CDK. OKB holders benefit from a quarterly buy-and-burn program where OKX uses a portion of its profits to permanently destroy OKB, reducing supply over time.

History

2019
OKB launches as OKEx's exchange token; provides fee discounts, voting rights, and ecosystem utility.
2020
OKB buy-and-burn program launches; quarterly burns reduce circulating supply.
2021
OKX Jumpstart IEO launchpad expands; OKB gains additional utility in token launches.
2022
OKB performs strongly even during bear market; OKX rebrands from OKEx amid regulatory changes.
2023
X Layer (OKX's Ethereum L2) development announced, with OKB as native gas token.
2024
X Layer mainnet launches; OKB becomes a dual-utility token for exchange and L2 gas.

How to Swap OKB

Swapping OKB (OKB) on SyntheticSwap requires no registration or KYC. OKB operates across multiple chains including Ethereum, making it compatible with MetaMask, Trust Wallet, Ledger, and most major Web3 wallets. Open SyntheticSwap, select OKB as your source or destination asset, enter your receiving wallet address, and confirm the floating rate. After sending OKB to the provided deposit address, the destination asset is delivered directly to your wallet. No personal information is ever collected — fully non-custodial.

How to Store OKB

OKB (ERC-20) is stored in MetaMask, Ledger, Trust Wallet, or any Ethereum wallet. For using OKB on X Layer (OKX's L2), add the X Layer network to MetaMask.

Frequently Asked Questions