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OKB

OKB
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OKB (OKB)

What is OKB?

OKEx, the 2nd most popular cryptocurrency exchange by trading volume, launched its platform token ‘OKB‘ today with 10 trading pairs. On its official support page, OKEx describes OKB is a global utility token issued by the OK Blockchain Foundation. The total available supply of OKB will be one billion tokens (1,000,000,000), with a distribution model that allocates 60% of the supply will be given out to OKEx customers for community building and during marketing campaigns. According to OKEx, the company had officially issued OKB on ERC20 protocol earlier this month. The company denied ICO (initial coin offering) and public fundraising. Reportedly the company had stated that it would be soon shifting the token to its official OK chain and subsequently it will be applied not only on OKEx’s platform but also on other related projects. There will be in total 1 billion tokens supplied globally out of which 600 million coins will be distributed to OKEx customers for community building and marketing campaigns. Rest will be locked up for a period of 1 year to 3 years. According to OKEx, the company had officially issued OKB on ERC20 protocol earlier this month. The company denied ICO (initial coin offering) and public fundraising. Reportedly the company had stated that it would be soon shifting the token to its official OK chain and subsequently it will be applied not only on OKEx’s platform but also on other related projects. There will be in total 1 billion tokens supplied globally out of which 600 million coins will be distributed to OKEx customers for community building and marketing campaigns.

Key Facts & Snapshot

  • Symbol: OKB
  • CoinGecko id: okb
  • Market cap rank (CoinGecko): #46
  • Categories: Exchange-based Tokens, Centralized Exchange (CEX) Token, Ethereum Ecosystem, Sora Ecosystem, OKT Chain Ecosystem, GMCI 30 Index, GMCI Index, Made in China
  • Circulating supply (snapshot): 21,000,000
  • Total supply (snapshot): 21,000,000
  • Max supply (snapshot): 21,000,000
  • All-time high (USD, CoinGecko): $228.74 (Oct 5, 2025)
  • All-time low (USD, CoinGecko): $0.5806 (Jan 14, 2019)

Market (USD snapshot)

  • Market cap (USD, snapshot): $1.76B
  • 24h volume (USD, snapshot): $13.34M
  • Fully diluted valuation (USD, snapshot): $1.76B
  • 24h price change (snapshot): -1.41%

Community & code (CoinGecko)

  • Telegram members (CoinGecko): 357,703

Contract addresses (by platform)

  • ethereum: 0x75231f58b43240c9718dd58b4967c5114342a86c
  • okex-chain: 0xdf54b6c6195ea4d948d03bfd818d365cf175cfc2
  • sora: 0x0080edc40a944d29562b2dea2de42ed27b9047d16eeea27c5bc1b2e02786abe9

Official & Community Links

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Frequently Asked Questions

What is OKB and what exchange is it associated with?
OKB is the native exchange token of OKX, one of the major cryptocurrency exchanges. As a centralized exchange (CEX) token, it operates within the OKX ecosystem and provides various utility functions for platform users, including trading fee discounts and other exchange-related benefits.
How many OKB tokens are in circulation?
OKB has a fixed supply of 21,000,000 tokens, with all 21 million currently in circulation. This represents 100% of the maximum supply, meaning no additional OKB tokens can be created.
What is the all-time high price of OKB?
OKB reached its all-time high of $228.74 on October 5, 2025. This represents a significant increase from its all-time low of $0.5806 recorded on January 14, 2019.
How risky is investing in OKB given its dependence on OKX?
OKB carries substantial centralization risk because its value is directly tied to the success and regulatory compliance of OKX exchange. If OKX faces regulatory crackdowns, security breaches, liquidity problems, or loses user trust, OKB’s value could decline sharply. Additionally, as an exchange token with relatively low daily trading volume ($13.34M) compared to its market cap, it may experience significant price volatility.
What blockchain ecosystems does OKB operate on?
OKB operates across multiple blockchain ecosystems including Ethereum, OKT Chain (OKX’s native chain), and the Sora ecosystem. This multi-chain presence allows OKB to be used in various decentralized applications and trading environments beyond just the OKX platform.

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