OKB | Trading Non Stop

What is OKB?

OKB is the utility token that powers the OKX platform, designed to give users access to special benefits, voting rights, and cross-chain features.

Utility-focused token – Offers discounts, rewards, and access to OKX services
Limited supply through burns – Total supply fixed at 21 million after burning 65 million tokens
X Layer integration – Serves as the native gas token for OKX’s fast blockchain

In-Depth Overview

1. Main Uses and Benefits

OKB is central to the OKX ecosystem, providing holders with:

Trading fee discounts: Save up to 40% on fees when trading on OKX (OKX).
Earning opportunities: Stake OKB through OKX Earn or partner platforms like Constant (lending) and Coinrule (automated trading) to earn passive income.
Exclusive participation: Join token sales on the Jumpstart launchpad and take part in governance decisions.

The value of OKB grows as OKX expands into areas like decentralized finance (DeFi), payments, and tokenizing real-world assets.

2. Deflationary Supply Model

In August 2025, OKX permanently burned 65 million OKB tokens, setting the total supply at 21 million—similar to Bitcoin’s approach to scarcity. Key points include:

No new tokens created: Smart contract updates have disabled any future minting.
Buybacks and burns: Historically, 30% of OKX’s spot trading fees were used to buy back and burn OKB tokens.
Token consolidation: OKTChain tokens were retired and converted into OKB, simplifying the token supply.

3. Integration with X Layer Blockchain

OKB is the native gas token for X Layer, a zkEVM blockchain built using Polygon’s developer tools, offering:

High speed and low cost: Handles up to 5,000 transactions per second with almost zero fees.
Seamless platform integration: Works closely with OKX Wallet, Exchange, and Pay, enabling features like gas-free USDT withdrawals.
Focus on key sectors: Supports DeFi applications, cross-border payments, and tokenization of real-world assets.

This makes OKB more than just an exchange token—it’s a versatile asset across multiple blockchains.

Conclusion

OKB is a hybrid utility token that combines exchange benefits, governance rights, and blockchain infrastructure. Its fixed supply and role in the X Layer blockchain could reshape its importance in the Web3 space. The big question is whether OKB can maintain strong demand as OKX grows into regulated markets.