Overview
OKB is the utility token of the OKX ecosystem, offering holders benefits like trading fee discounts, staking rewards, and exclusive platform access. This guide covers its price trends, tokenomics, and FAQs.
Key Metrics
- Current Price: $50.0000 (+0.14% today)
- Market Cap: $4.304B (Rank: N/A)
- Circulating Supply: 86,256,713 OKB (28.75% of max 300M)
- All-Time High: $73.88 (-32.33%)
- All-Time Low: $0.571 (+8,656.56%)
Tokenomics & Audit
Supply Breakdown
- Total Supply: 300,000,000 OKB
- Burn Mechanism: Quarterly burns since May 2019 to reduce supply.
Security
- Auditor: CertiK (Last audit: Sep 26, 2022)
- Networks: Ethereum (PoS) & OKX Chain (DPoS)
Price Performance
Historical Data
| Metric | Value | Change | Date |
|----------------------|---------------------|----------------------|-------------------|
| ATH | $73.88 | -32.33% | Mar 14, 2024 |
| ATL | $0.571 | +8,656.56% | Jan 14, 2019 |
Recent Trends
- 2024 Surge: Driven by exchange adoption (e.g., Valour’s SEK-denominated ETPs).
- Volatility: Market sentiment shifts with regulatory updates.
How to Buy OKB
- Create an OKX Account
Purchase Options:
- Fiat: Buy directly via credit/debit card.
- Crypto: Trade BTC/USDT for OKB.
FAQs
1. What is OKB used for?
OKB grants fee discounts, staking yields, and participation in OKX Jumpstart launches.
2. Is OKB a good investment?
Its burn mechanism and exchange backing add long-term value, but assess risks like market volatility.
3. How do I stake OKB?
Use OKX’s "Earn" section to lock tokens for passive income.
4. Which networks support OKB?
Ethereum (PoS) and OKX Chain (DPoS).
5. Why does OKB burn tokens?
To create scarcity and sustain token value.
ESG & Compliance
- Energy Efficiency: OKX Chain’s DPoS consumes minimal energy vs. traditional PoW.
- Regulations: Complies with transparency standards; audits published quarterly.
Disclaimer
This content is informational only. OKX does not endorse this article. Cryptocurrency investments carry risks—consult a financial advisor before investing.
Last Updated: [Current Date]
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