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OKB Overview
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About OKB
- Trading fee discounts, staking rewards, and governance rights on OKX
- Gas payments on X Layer, OKX’s zkEVM-powered L2 network that supports up to ~5,000 TPS with near-zero fees
The PP Upgrade of X Layer (August 5, 2025) makes OKX’s network faster, cheaper, and more Ethereum-compatible. Transaction capacity jumps to 5,000 TPS, gas costs are nearly eliminated, and security is strengthened. OKX is focusing on DeFi, payments, and real-world assets, while integrating X Layer across its products: the Wallet supports it natively, the Exchange offers gas-free withdrawals, and OKX Pay will use it as the default settlement layer.
At the same time, OKTChain is being phased out. Trading in OKT ended August 13, and starting August 15, all OKT is being automatically converted into OKB at a 30-day average price. The old chain will technically run until January 1, 2026, but OKB is taking over as the unified standard going forward.
OKB itself is shifting to a scarce, capped model. A large one-time burn of over 65 million tokens is paired with a smart contract upgrade that permanently fixes the total supply at 21 million. Withdrawals of OKB to Ethereum L1 are being discontinued, with all usage moving to X Layer.
What else happened
- OKT orders were auto-canceled on August 13.
- Auto-conversion of OKT to OKB began on August 15, with deposits accepted until January 2026.
- The OKB burn occurred August 15, followed by the smart contract upgrade on August 18.
- From August 13, OKB withdrawals to Ethereum L1 were disabled.
OKB Markets
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Learn About OKB
OKB Price Prediction Through 2027 Based on Exchange Growth Metrics
OKB is the native gas token of OKX's Layer 2 X Layer, which migrated from Polygon CDK to the OP Stack in December 2025. Three institutional catalysts compressed into thirty days: Intercontinental Exchange's $200 million minority stake at a $25 billion valuation announced March 5, OKX's Orbit social trading launch on March 6, Aave v3.6 deployment on X Layer March 30, and Kraken's spot listing on April 3. OKB hit an intraday high of $117.60 during the rally before settling near $82. Total supply is fixed at 21 million tokens after the August 2025 PP upgrade and one-time burn of 65 million OKB from historical reserves. Three forecast scenarios anchor 2026-2027 targets to OKX exchange volume and X Layer burn trajectories: conservative ($120-$140 by end-2027), base ($155-$185), and bullish ($200+). The thesis: OKB's price has shifted from speculation-driven to platform-vitality-driven, with each institutional catalyst compounding into the burn rate
Crypto News NavigatorApr 29, 2026Why BurnedFi Developers Built This Instead of Another DEX
In December 2023, two brothers in Singapore launched BurnedFi after watching yet another DEX clone hit the market. Instead of building another liquidity pool with inflationary emissions, they made token burning the entire product. The protocol automatically burns 0.25% of its liquidity pool supply every hour, with renounced contract ownership meaning no one can change the tokenomics. Today, BURN trades around $4.95, down 84% from its all-time high.
Archie DuttonApr 28, 2026YFI Price Predictions for 2026 Ignore What Actually Moves the Token
Trading above $700K per share, Berkshire Hathaway has never had to explain how its share count grows to sustain its price level. For most predicting the price of Yearn.finance, YFI's ~36,000 token supply is an inconvenient footnote instead of the central principle of its valuation thesis. Don't listen to the crypto price prediction websites. Yearn's economics have been drastically different since February 2026.
Mia HallandApr 5, 2026Often Discussed Alongside OKB
Tokens that appear with OKB in our academy articles.
OKB Market Data
The live OKB price today is $83.58 USD with a 24-hour trading volume of $4,706,687.16 USD. We update our OKB to USD price in real-time. OKB is up 0.44% in the last 24 hours.
The current market cap is $1,754,250,910.21 USD, ranking #43 by market capitalization. The circulating supply is 21,000,000 OKB.