1D
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OKEx Utility Token (OKB)OKB
$16.90
-7.98%
OKEx Utility Token (OKB)
OKB Price
$16.90
-7.98%
Rank
#35
Market Cap (24H)
$4.48B
-7.98%
Volume (24H)
$310.21M
94.33%
Circulating Supply
265,115,438
Transp. Vol.
1%
Grade
D gradeD grade
1H1D1W1M1Y
-1.90%-7.98%-6.68%-20.86%+172.71%
ETH0x75231...342a86c
ETH
Verify address & DYOR
Contract
ETH0x75231...342a86c
ETH
Verify address w/ multiple resources & DYOR
Websitehttps://www.okex.com/
CommunityTwitterTelegramMediumFacebook
With the headquarters based in Malta, OKEx is one of the world’s most popular cryptocurrency exchanges. Its native util...Read more
OKEx Utility Token logo
OKB
United States Dollar logo
USD

OKEx Utility Token Price (OKB)

OKB Daily Performance

Today's OKEx Utility Token price is $16.90, which is down 8% over the last 24 hours. OKEx Utility Token's market cap is $4.48B. 24 hour OKB volume is $310.21M. It has a market cap rank of 35 with a circulating supply of 265,115,438 and max supply of 300,000,000. OKEx Utility Token is traded on exchanges. OKEx Utility Token had an all-time high of $42.42 5 months ago. Over the last day, OKEx Utility Token has had 1% transparent volume and has been trading on 209 active markets with its highest volume trading pairs being .

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OKEx Utility Token Statistics

Summary
OKEx Utility Token Price (24hr)$16.90 (-7.98%)
Market Cap$4.48B (-7.98%)
Trading Volume (24hr)$310.21M (94.33%)
Transparent Vol. (24hr)
$3.35M1% (205.58%)
Transparency GradeD gradeD grade(Poor)
Circulating Supply265,115,438 (88.37%)
7D Price Prediction
N/A
API Coverage
1st 1D CandleJul '17
1st TradeJun '19
1st OrderbookFeb '19
Exchanges48
Trading Pairs209
Updated1 minute

Price

$16.90
Price Change
-$1.4661 (-7.98%)

All-Time High

$42.42
Date of ATH5/2/2021
Days Since ATH141
% of ATH39.84%
Price vs ATH

Market Cap

$4.48B
Mkt Cap Change
-$388.69M-$388,689,613 (-7.98%)
Mkt Cap Rank35
Mkt Dominance<1%
Mkt Dominance

Circulating Supply

265,115,438
Max Supply300,000,000
% in Circulation88.37%
% in Circulation

Volume

$310.21M$310,207,524
Vol. Change
$150.58M$150,578,315 (94.33%)
Exchange VolumeUnknown

Transparent Volume

1%
Transparent Volume (Δ)
205.58%
Transparent Volume
A - 1%
C - 98%
D - 1%

About OKEx Utility Token

With the headquarters based in Malta, OKEx is one of the world’s most popular cryptocurrency exchanges. Its native utility token is known as OKB and it was introduced to the trading market in 2018. It runs on the Ethereum blockchain and is based on the ERC-20 standard.

OKEx plans to launch its own public blockchain called OKChain and conduct the token swap once the OKChain becomes stable. OKB will be the only native token on the OKChain which is at the final development stage at the time of writing. The OKB use cases and perspectives OKB is designed to perform various functions on the exchange contributing much to the development of blockchain technology. According to the official statement, OKB aims to extend the OKEx users’ potential, being a substantial part of the OKEx ecosystem. It allows the users to construct a partner exchange, to settle trading fees, and to subscribe for new tokens on the OK Jumpstart platform. OKB holders also get discounts, the size of which depends on the amount of OKB a user holds and how often a user trades on OKEx. OKB can be used in OKEx listing votes which allow users to influence the token listing process. When the voting process is over, all OKB tokens spent on voting are to be returned to their holders automatically. At the time of writing, OKB covers major countries and areas, being turned into a global token. It is not just a native OKEx-based token on the OKChain and the only accepted token for OK Jumpstart. It also contributes to other industries beyond the bounds of the OKEx ecosystem, such as network security, financial services, and lifestyle. For example, you can use OKB to make payments on Tripio, the world’s first decentralized travel booking marketplace. On October 31, 2019, OKB was listed on the OKEx C2C market. Thus, OKB was introduced to the OKEx’s C2C sector, which accounts for approximately 110 million USD of daily trading volume, according to the official OKEx statements. Both takers and makers don’t have to pay any transaction fee when trading OKB on the C2C market. OKB total supply and trading pairs According to OKEx, the total supply of OKB equals to 300 million tokens. At the same time, 700 million of OKB remain locked up at the time of writing. 300 million of the impounded OKB will be transmitted to OKEx users through the loyalty programs. The OK Blockchain Foundation and the operation team own the rest of 400 million. The supply steadily decreases due to regular coin burn events increasing the value of remaining tokens.

The cryptocurrency exchange Bitfinex, one of the largest platforms for cryptocurrency trading, offers the following trading pairs with OKB and other basic fiat and digital currencies since June 2019: U.S. dollars (OKB/USD) Tether (OKB/USDT) Ether (OKB/ETH)

OKB is announced to enter OKEx’s C2C market, which will allow its users to buy OKB with USD, CNY, and other fiat currencies. At the time of writing, the project managers promise the recognition of OKB at other platforms, too. Thus at the end of November 2019, OKB was supported by Aliniex, the largest over-the-counter (OTC) exchange in Vietnam. OKEx team and partners OKEx was founded in 2014 and originally hosted its offices in Hong Kong. In 2018, it was relocated to Malta as this country provides more opportunities for further development.

Jay Hao is the CEO of OKEx. Before taking his position, he worked in the area of blockchain-driven applications for live video streaming and mobile gaming.

Andy Cheung is a Head of Operations of the Company. He is a former CEO of GROUPON HK. Also, he worked at Baidu International, Alibaba.com and co-founded many tech start-ups in the APAC region. His professional experience includes Digital, eCommerce and Blockchain industries.

At the end of November 2019, four major partners integrated with OKB. The token is now accepted by:

Ledger. This is a hardware wallet with clients located across 165 countries. The total amount of Ledger’s wallets sold already exceeds 1.5 million. Aliniex. This is one of the largest exchanges in Vietnam. Cooperation with Aliniex offers opportunities for OKB/VND trades, which makes possible to use OKB for purchases. Bvnex. This is another huge Vietnamese exchange. Cryptomall. Integrating with Cryptomall allows OKEx’s users to buy various products through the virtual retailer.

OKB is also listed on Bitsonic and Probit, the two largest C2C exchanges in South Korea.

Slowmist, Beosin, Certik, LinkEye, Molecular Future, Tripio, BitTorrent are also mentioned among the OKEx’s partners. Generally, OKEx collaborates with numerous projects and companies and is open to cooperation with other industry players.

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OKEx Utility Token Markets

(Top 10)
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OKEx Utility Token Historical Data

(Past 7 Days)
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Frequently Asked Questions

  • What’s the current OKEx Utility Token price? How much is 1 OKEx Utility Token worth?

    The price of 1 OKEx Utility Token is $16.90. Over the last 24 hours, a OKEx Utility Token is worth -7.98% less. Visit our currency converter page to convert OKB prices to currencies other than USD.
  • When did OKEx Utility Token start?

    The earliest trading data for OKEx Utility Token is on July of 2017 (based on current exchange data).
  • How high can the OKEx Utility Token price go?

    OKEx Utility Token’s price has gone as high as $42.42 (which is OKB’s all-time high). It achieved this price 5 months ago. Speculations abound for how high OKEx Utility Token’s price will get in the future.
  • What's the smart contract address for OKEx Utility Token?

    OKEx Utility Token's smart contract address is 0x75231f58b43240c9718dd58b4967c5114342a86c.

Today's OKB / OKEx Utility Token News for September 20, 2021

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