OKB (OKB) Exchange

Looking to exchange OKB? Swapzone compares live offers from partner exchanges by rate, speed and KYC label. No account, no custody, 0% platform fee. OKB is an ERC-20 token on Ethereum and also works on X Layer: confirm the network the partner accepts.

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OKB Market Data & Key Metrics

Price

$ 108.50

24h % price

-0.16%

7d % price

-6.27%

Market Cap

$ 2,278,447,480.09

24h volume

$ 14,729,731.56

Coin supply

21,000,000

Popular OKB Exchange Pairs

Scambia OKB conPairsStatus

Bitcoin

okb / btc

Active

Ethereum

okb / eth

Active

Monero

okb / xmr

Active

ZCash

okb / zec

Active

Litecoin

okb / ltc

Active

XRP

okb / xrp

Active

Tether

okb / usdt

Active

Stellar

okb / xlm

Active

TRON

okb / trx

Active

USD Coin

okb / usdc

Active

Other Cryptocurrencies to Exchange

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What is OKB?

About OKB

OKB is the native utility token of the OKX ecosystem. Launched in 2018, OKB connects the OKX centralized exchange with its decentralized infrastructure. OKB functions as a trading fee discount token on the OKX platform, the access key for Jumpstart (OKX's token launch platform), a staking and reward asset across OKX Earn products, and the native gas token on X Layer, OKX's Ethereum Layer 2 blockchain. X Layer launched on Polygon CDK and, according to Optimism, was rebuilt on the OP Stack by December 2025. In February 2025 OKX pleaded guilty in the United States to operating an unlicensed money transmitting business and agreed to pay more than $504 million in penalties, according to the US Department of Justice.

OKB tokenomics

OKB's supply model changed in 2025. The token was originally issued with a total supply of 1 billion OKB and a maximum circulating supply of 300 million, and OKX ran quarterly buyback-and-burn events that reduced the outstanding supply. In August 2025 OKX permanently burned 65,256,712 OKB from historical buybacks and reserves as part of the X Layer upgrade, which fixed the total supply at 21 million.
Fixed supply — 21,000,000 OKB; according to OKX, no new OKB will be created after the burn that fixed the supply
August 2025 burn — 65,256,712 OKB from historical buybacks and reserves were burned during the X Layer upgrade
Original issuance — 1 billion OKB total, 300 million maximum circulating; the remainder was allocated to team, foundation (locked), and ecosystem programs
Circulating supply — 21 million OKB, equal to the maximum supply, according to CoinGecko in October 2026
Token chains — ERC-20 on Ethereum; native gas token on X Layer (OKX's Layer 2 blockchain, built on the OP Stack since December 2025)
Utility — trading fee discounts based on OKB holdings, Jumpstart participation, staking rewards, DeFi collateral on lending platforms, and gas on X Layer

What determines OKB's value

OKB's value is driven by two demand channels: exchange-platform utility and on-chain network usage. On the exchange side, OKB demand scales with OKX user growth, trading volume, and participation in Jumpstart token launches and Earn products. The fixed 21 million supply means this demand operates against a constrained supply with no planned dilution.

On the network side, X Layer makes OKB the gas token for an Ethereum L2 ecosystem. If X Layer captures DeFi activity, NFT trading, or dApp usage, every on-chain transaction consumes OKB for gas, creating recurring demand independent of exchange-side activity. The open question in 2026 is whether X Layer can attract enough developers and users to make the gas-demand channel material relative to the exchange-utility channel.

How to Exchange OKB on Swapzone

Select a pair to exchange

Choose OKB as the asset you send, or as the asset you receive, and pick the other currency. Enter the amount to see live estimates from partner exchanges.

Choose an offer

Compare OKB offers by rate, estimated completion time, KYC frequency label and partner rating, then select the one that fits your swap.

Enter receiving wallet address

Paste a standard 0x wallet address on the network the offer states, Ethereum (ERC-20) or X Layer. No MEMO or destination tag is needed. Do not use an address from an exchange account that does not support OKB deposits on that network.

Send deposit to generated address

Send the exact OKB amount to the generated deposit address on the network the partner specifies. OKB exists on Ethereum and works on X Layer, and a transfer on the wrong network may not be recoverable.

Watch your exchange complete

Follow the order status on the Swapzone page. The swap completes after the partner confirms your deposit and sends the asset you chose to your wallet.

How to Choose an OKB Exchange

Swapzone shows every live OKB offer in one list, so you can filter by what matters for this swap.

By rate

By transaction speed

By rating

OKB has a fixed 21 million supply, so each token is a larger unit than many exchange tokens. Compare the final amount received on your exact trade size, because even a small percentage gap between partners is visible per token.

OKB (OKB) Price Analysis

OKB's value rests on two demand channels. Exchange utility (fee discounts, Jumpstart access, Earn) scales with OKX user growth and trading volume, and each staked or locked OKB leaves liquid supply. On-chain, X Layer makes OKB the gas token for an Ethereum L2 built on the OP Stack, but whether that channel becomes material is still open in 2026. The fixed 21 million supply removes planned dilution, but not demand risk: a slowdown in OKX activity, a regulatory action against the exchange, or weak X Layer adoption would weigh on the token.No prediction is certain. Regulatory changes, macroeconomic conditions, and network-specific events can shift prices in either direction. Research multiple independent sources and consider your risk tolerance before making any financial decision.Disclaimer: This content is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency markets are highly volatile and trading carries substantial risk of loss. Past performance is not indicative of future results.

Frequently Asked Questions About OKB (OKB)

Why is OKB's supply fixed at 21 million? dropdown

In August 2025 OKX permanently burned 65,256,712 OKB from historical buybacks and reserves as part of the X Layer upgrade. After the burn the total supply is fixed at 21 million OKB.

How did OKB get from 1 billion to 21 million? dropdown

OKB launched with a 1 billion total supply and a 300 million maximum circulating supply. OKX then ran quarterly buyback-and-burn events, and in August 2025 it burned 65,256,712 OKB from historical buybacks and reserves, which fixed the supply at 21 million.

What can you actually do with OKB? dropdown

OKB gives trading fee discounts based on the holding tier, access to Jumpstart token launches, staking rewards, and DeFi collateral on lending platforms, and it pays gas on X Layer.

What is X Layer and why does it matter for OKB? dropdown

X Layer is OKX's Ethereum Layer 2 blockchain. It launched on Polygon CDK and was rebuilt on the OP Stack by December 2025, and OKB is its native gas token. If X Layer attracts DeFi, NFT, and dApp activity, every transaction consumes OKB.

Does OKX face regulatory risk? dropdown

In February 2025 OKX pleaded guilty in the United States to operating an unlicensed money transmitting business and agreed to pay more than $504 million in penalties, according to the US Department of Justice. Regulatory actions against the exchange are a direct risk for OKB.

Who launched OKB and when? dropdown

OKB launched in 2018 as the token of the OKX exchange, formerly OKEx.

What is Jumpstart? dropdown

Jumpstart is OKX's token launch platform, and OKB is the access key to take part in it. Locking OKB for Jumpstart removes tokens from liquid circulation.

Does a fixed supply guarantee a rising OKB price? dropdown

No. A fixed 21 million cap removes future dilution, but price still depends on demand from OKX users and X Layer activity, and on overall market conditions. A capped supply does not protect against falling demand.

Which networks can OKB be sent on? dropdown

OKB is an ERC-20 token on Ethereum and also functions on X Layer. Use the network the swap offer states, since both use 0x addresses and a wrong-network transfer may not be recoverable.

What are the two demand channels for OKB? dropdown

Exchange-platform utility (fee discounts, Jumpstart, Earn) and on-chain network usage (X Layer gas). In 2026 the exchange channel still dominates, and the open question is whether X Layer can make the gas channel material.

How do I exchange OKB on Swapzone? dropdown

Open swapzone.io/exchange/okb, enter the amount, and compare offers by rate, time, and KYC label. Paste a 0x address on the stated network, send OKB to the deposit address, and track the order. No MEMO is needed.