OKB (OKB) Current Market Status
The latest price of OKB (OKB) is $49.4**, with a 24-hour trading volume of **$3,692,282. Over the past 24 hours, OKB's price decreased by 1.44%.
Key Metrics:
- Circulating Supply: 60 million OKB
- Max Supply: 300 million
- Total Supply: 300 million
- Circulation Rate: 20%
- Market Cap: $2,964,216,000
Blockchain Explorers for OKB:
What Is OKB?
OKB is a global utility token issued by the OK Blockchain Foundation, with a total supply of 300 million. Unlike ICO-funded tokens, OKB was not offered through public sales.
Tokenomics & Deflationary Mechanism:
- Quarterly Buybacks: 30% of OKEx’s spot trading fees are used to repurchase and burn OKB, reducing supply.
- Full Circulation: By February 2020, all unissued OKB (700 million) were burned, making OKB the first fully circulating exchange token.
Benefits of Holding OKB:
- Exclusive platform privileges (e.g., fee discounts).
- Early access to new features.
- Participation in ecosystem governance.
👉 Learn how OKB’s deflationary model enhances long-term value
Contract Addresses:
| Blockchain | Contract Address |
|-------------|----------------------------------------------------------------------------------|
| Ethereum | 0x75231f58b43240c9718dd58b4967c5114342a86c |
| OKChain | 0xdf54b6c6195ea4d948d03bfd818d365cf175cfc2 |
FAQ
1. How often does OKEx burn OKB?
OKB burns occur quarterly, funded by 30% of spot trading fees.
2. What’s the max supply of OKB?
300 million, with 60 million currently circulating.
3. Can OKB be staked?
Yes, OKB holders can stake tokens for rewards on OKEx.
👉 Discover OKB’s latest staking opportunities
4. Why did OKB transition to full circulation?
To increase scarcity and align incentives with long-term holders.