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OKB (OKB) JPY Price

¥6,848.33
¥126.67 (1.88%)
Market stats
Market cap
Market cap: the token’s price multiplied by its circulating supply.
¥410.6B
Circulating supply
Circulating supply: the number of tokens released on the network and made available.
60M
Volume (24h)
Volume (24h): the trading volume of the token over the last 24 hours.
¥508.5M
All time high
All time high: the highest price that the cryptocurrency has traded at.
¥10,894.59
FDV
FDV: the fully diluted valuation is the price multiplied by the total supply.
¥1.6T
Total supply
Total supply: the full amount of tokens on the network, including those that have not yet been released.
236M
About OKB

OKB Price Data

OKB (OKB) currently has a price of ¥6.8K and is up 1.88% over the last 24 hours. The cryptocurrency is ranked 41 with a market cap of ¥410.6B. Over the last 24 hours, it saw ¥508.5M of trading volume. The token has a circulating supply of 60M tokens out of a total supply of 236M tokens.

OKB is the native cryptocurrency of OKX, one of the largest cryptocurrency exchanges in the world. It is used for various functions within the OKX ecosystem, including trading fee discounts, participation in token sales, and accessing premium features.

Unique Features of OKB:

Utility token

A utility token is a type of cryptocurrency that is designed to have a specific use or function within a particular blockchain platform or ecosystem. Utility tokens are primarily used to access and utilize a product or service offered by a blockchain platform. These tokens are typically created and distributed by the platform developers as a means of incentivizing users to participate in the platform and contribute to its growth. Utility tokens can be used for various purposes, including accessing premium features, making purchases, or participating in decentralized applications (dapps) within the platform.

Wide range of use cases

Within the OKX exchange ecosystem, OKB acts as a utility token, providing users with various benefits. These include discounted trading fees, exclusive features, and the opportunity to participate in token sales and crowdfunding projects. By serving as a loyalty reward for active users, OKB encourages engagement within the OKX ecosystem. OKB plays a crucial role in the OKX Jumpstart program, enabling users to participate in token sales and gain early access to blockchain projects.

Loyalty rewards program

OKB introduced a loyalty rewards program to encourage users to hold and utilize their tokens. This program allows participants to earn additional OKB tokens based on the percentage of tokens they hold. These reward tokens can be utilized for various purposes within the OKB ecosystem. Apart from earning tokens, participants in the loyalty program also gain exclusive access to certain features and services. This includes early access to new products, priority customer support, and premium features that are exclusively available to loyalty program participants. The primary objective of OKB's loyalty rewards program is to acknowledge and reward users for their loyalty and active involvement with the cryptocurrency.

When was OKB created or founded?

OKB was created in July 2017, following an initial token offering that raised $100 million. Its creation was part of OKEx's efforts to enhance the functionality and services available on their platform, as well as to provide additional benefits and features to their users. Since its creation, OKB has gained popularity and has been listed on various other exchanges, further expanding its reach and adoption in the cryptocurrency industry. It has also been burned by the exchange on a regular basis.


Disclaimer: The “About” content was generated with the use of AI. For feedback and sponsorship enquiries, email [email protected].

© 2023 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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Market stats
Market cap
Market cap: the token’s price multiplied by its circulating supply.
¥410.6B
Circulating supply
Circulating supply: the number of tokens released on the network and made available.
60M
Volume (24h)
Volume (24h): the trading volume of the token over the last 24 hours.
¥508.5M
All time high
All time high: the highest price that the cryptocurrency has traded at.
¥10,894.59
FDV
FDV: the fully diluted valuation is the price multiplied by the total supply.
¥1.6T
Total supply
Total supply: the full amount of tokens on the network, including those that have not yet been released.
236M