What is OKB?
OKX’s token, explained.
OKB is OKX’s exchange token and the gas token of X Layer. Its value is closely tied to OKX, so know what it does, and doesn’t do, before you buy.
OKB at a glance
| Item | Detail |
|---|---|
| Issuer | OKX |
| Supply | Fixed at 21 million after a one-off burn in August 2025 |
| Main network | X Layer (as gas) and others |
| Pairs | OKB/USDT and more |
What is OKB used for?
- Gas on X Layer: transactions on OKX’s Ethereum layer-2 are paid in OKB.
- Campaigns: some Jumpstart events allocate by OKB holdings or staking; rules vary per event.
- Trading asset: buy, sell and hold like any other coin.
Older articles say holding OKB lowers trading fees. OKX’s current fee tiers are based on trading volume and asset balance; check the official fee page. The simpler way to cut fees is a referral code at sign-up.
What is X Layer?
X Layer is OKX’s Ethereum layer-2 with low fees, supported for deposits and withdrawals of selected coins on both the exchange and OKX Wallet. In March 2026 OKX Wallet launched an Agentic Wallet that lets AI agents act on X Layer within permissions you grant (OKX).
How to buy OKB
- Get USDT by card, P2P or a deposit from another wallet.
- Open Trade → Spot, search OKB and pick OKB/USDT.
- Choose an order type: a limit order waits for your price and pays the cheaper maker fee; a market order fills now but can slip.
- Enter the amount in USDT and confirm. The coin appears under Assets.
- Check the fill under Orders → Trade history for price and fee.
Enter code OK66688 at sign-up for 20% off trading fees on every coin, for life.
Is OKB worth buying? Three risks
- Platform-linked: OKX business, regulatory or security events hit OKB directly.
- Volatile: exchange tokens often swing more than bitcoin.
- Rules change: uses and campaign requirements are set by the platform.
OKB
FAQ.
01What is OKB?
OKX’s exchange token and the gas token of X Layer.
02What is OKB’s total supply?
After a one-off burn in August 2025, supply was fixed at 21 million, per OKX announcements.
03Does holding OKB reduce trading fees?
Under OKX’s current fee rules there is no OKB fee offset; older claims may be outdated. Check the fee page.
04Where can I buy OKB?
On OKX spot: search OKB and trade OKB/USDT.
05Can I deposit OKB from X Layer to OKX?
Yes, where OKX supports X Layer deposits for that coin. Choose X Layer on the deposit page.
06Does the code reduce OKB trading fees?
Yes. Accounts opened with OK66688 get 20% off OKB spot fees.
Keep reading,
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