OKB

OKB is the native utility token of OKX (formerly OKEx), one of the largest centralized cryptocurrency exchanges by trading volume. It was issued by the OK Blockchain Foundation and is designed to give holders access to discounts, benefits, and services within the OKX ecosystem. The token is aimed at active users of the exchange platform who want to reduce trading costs or participate in platform-related activities.

OKB was originally issued as an ERC-20 token on Ethereum and later became foundational to OKT Chain and, more recently, X Layer, which the stored data identifies as the fundamental basis for this asset. The token's entire circulating supply of 21,000,000 units is already in circulation, meaning it equals both the maximum supply and the fully diluted supply, leaving no tokens pending release or locked for future issuance. There is no consensus algorithm recorded for OKB itself, as it functions as an exchange-based token rather than a standalone proof-of-work or proof-of-stake network.

The protocol recorded fees of 1,519 USD in the most recent 24-hour period, 7,604 USD over the trailing 7 days, 45,103 USD over the trailing 30 days, and 260,118 USD over the trailing 12 months, with an annualized fee figure of 548,753 USD extrapolated from the 30-day window. Revenue over the same periods matches the fee figures exactly, reflecting a take rate of 100 percent for the trailing 30 days, meaning all fees collected are recorded as protocol revenue with no portion distributed to a supply side. Supply-side revenue for the trailing 30 days is recorded as zero, confirming that liquidity providers or token holders do not receive a share of fees through this mechanism. Fee growth over the last 30 days stood at 36.6 percent, indicating that the fee base expanded meaningfully compared with the prior period.