What is OKB Market Cap: Price, Tokenomics & Total Supply

• OKB market cap: ~$3.2 billion (as of June 2025)
• Latest OKB price: ~$53.21
• Current circulating supply: 60 million OKB
• Why does OKB matter?: It's the core utility token of the OKX exchange, powering rewards, discounts, and ecosystem growth.

Want a reliable, up-to-date read on OKB? You're in the right place. This guide unpacks OKB’s live market stats, explains what makes this token central to the OKX ecosystem, and shows you what drives its price. You’ll discover how OKB’s market cap is calculated, how tokens are issued and burned, when (and where) to buy, plus answers to common questions for both beginners and crypto enthusiasts.

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What Is OKB?

OKB is a utility token designed specifically for the OKX ecosystem—a leading global cryptocurrency exchange. Launched in 2018 by the OKX team, OKB quickly became one of the industry’s most widely used exchange tokens. Unlike Bitcoin or Ethereum, which are standalone blockchains, OKB is built to add real value within OKX’s trading platform.

As an exchange token, OKB offers holders a host of benefits within the OKX marketplace. From trading fee discounts to exclusive access and governance participation, OKB is intended to power user engagement and reward loyal traders. It's an essential part of OKX’s strategy to create a more seamless and rewarding trading environment.

The utility of OKB sets it apart from other cryptocurrencies. Not only does it help reduce costs for active traders, but it’s also used for staking, ecosystem rewards, and even participating in token sales. This multi-layered utility keeps OKB relevant, especially as OKX continues to introduce new features and partnerships.

How OKB Works

OKB’s primary role is as a utility token within OKX. Users holding OKB benefit from tiered trading fee discounts, yield-earning opportunities through staking, and access to new project launches. Unlike Bitcoin or Ethereum, OKB doesn’t have its own independent blockchain; instead, its value is closely linked to activity on OKX itself.

Holders can use OKB for:

• Fee discounts: Save up to 40% on trading fees.
• Staking: Hold OKB to earn passive rewards.
• Governance: Vote in community proposals and help shape the platform.
• Ecosystem partnerships: Use OKB for payments and services in partner apps.

💡 Pro Tip: The more OKB you hold on OKX, the greater your tier benefits and fee savings.

OKB’s Role in the OKX Ecosystem

OKB is tightly woven into the OKX platform:

• Trading: All spot and derivatives users can reduce fees by holding OKB.
• OKX Earn: Stake OKB to generate yield in DeFi products.
• Token Sales: OKB holders get early or exclusive access to new token launches.
• More Integrations: OKB is accepted in many partner platforms for payments, rewards, and more.

Read more about OKB’s uses on the OKB Official Price Page.

OKB Market Cap Explained

The OKB market cap is a key metric that measures the total value of all OKB tokens in circulation. In crypto, market cap is commonly used to gauge a coin or token’s size, ranking, and potential influence in the market.

Market cap formula:

Market Cap = Current OKB Price × Circulating Supply

For example, with an OKB price of $53.21 and a circulating supply of 60,000,000, the market cap is:

$53.21 × 60,000,000 = $3,192,600,000

Market cap helps investors compare OKB to other tokens, understand its risk level, and estimate how much influence price moves may have.

OKX regularly updates all OKB metrics and offers full transparency on circulating supply and reserve holder balances. This is critical for trust, since market cap can only be meaningful when supply numbers are accurate and not inflated.

How Market Cap Is Calculated for OKB

To calculate OKB’s market cap in real time:

1. Check the current OKB price—available instantly on OKB Official Price Page
2. Get the circulating supply—60 million OKB (as of June 2025)
3. Multiply: $53.21 × 60,000,000 = $3,192,600,000

OKX provides instant updates on price and supply—making it a top source for trustworthy OKB market data.

💡 Pro Tip: Always check circulating supply numbers, not the ‘total supply,’ when calculating market cap.

Where to Find Real-Time OKB Market Cap Data

You can track live OKB prices and market cap on:

For the latest and most transparent info, OKX is usually the fastest—especially for major updates or tokenomics changes.

OKB Price History & Latest Trends

OKB’s price performance over the past year has been notable, pushing the token into the top exchange coin category. In early 2024, OKB traded around $40, rising consistently due to growing OKX user activity and regular token burns. By June 2025, OKB has climbed to over $53, reflecting a 30%+ increase year-over-year.

Recent months have also seen spikes in volume whenever OKX releases new features, expands international reach, or burns a substantial number of OKB tokens. Broader crypto market rallies—especially in Bitcoin and Ethereum—often drive up OKB’s price as traders seek exchange discounts and rewards.

Key Drivers Affecting OKB Price

• Token Burns: Quarterly burn events reduce total supply, boosting scarcity and, usually, the price.
• OKX Announcements: Platform upgrades, fee reductions, and major partnerships attract traders, increasing OKB demand.
• Ecosystem Utility Expansion: As more services accept OKB, utility and demand grow.
• Market Trends: The broader crypto market’s mood often impacts OKB, given its exchange token status.

In summary, OKB price is shaped not just by speculation, but by real-world usage, supply reductions, and the continual evolution of the OKX ecosystem.

OKB Tokenomics: Circulating Supply & Distribution

Understanding OKB’s tokenomics is vital for smart investing. Here’s what you need to know:

• Circulating supply: 60 million OKB (June 2025)
• Maximum supply: 300 million OKB (with burns, over 70% will never be in circulation)
• Token burn: OKX conducts quarterly burns, permanently removing OKB from supply, with totals published transparently on their blog.
• Distribution: No new OKB have been minted since the initial issuance; tokens are widely distributed among users, with no concentrated central holdings.

OKX’s regular, transparent burn events are a unique model among exchange tokens. Burned OKB can never return to circulation, increasing value for remaining holders and providing a clear incentive to participate in OKX programs.

How to Buy OKB

Buying OKB is straightforward, especially on OKX. As the token’s birthplace, OKX offers the deepest liquidity, fast onboarding, and layered security. OKB is also available on a handful of other exchanges, but OKX remains the recommended platform for new and experienced users alike.

Step-by-Step: Buying OKB on OKX

1. Create an OKX account: Sign up here
2. Verify your identity for enhanced limits & security
3. Deposit funds via crypto, bank transfer, or card
4. Search for OKB in the trading dashboard
5. Place your buy order (market or limit)
6. Confirm your OKB in your wallet

For full storage security, OKX provides robust wallet options—learn more in this crypto wallet guide.

💡 Pro Tip: Always enable 2FA and move large holdings to a non-custodial wallet for maximum protection.

Where Else Can You Buy OKB?

• Other platforms include: Gate.io, BitMart, Hydra, and LBank
• Why choose OKX?: Lowest official fees, fastest updates, and the highest trading volume ensure fast execution and best price transparency.

OKB vs Other Exchange Tokens

How does OKB stack up against BNB (Binance Coin), CRO (Crypto.com), and other major exchange tokens?

What stands out? OKB’s transparent burn rate, yield options, and strong governance features make it a top exchange token. Its limited supply and quarterly burns contrast with CRO’s very high max supply and BNB’s capped emissions.

Frequently Asked Questions

What is OKB?

OKB is a utility token for the OKX exchange, providing traders and investors with fee discounts, rewards, and voting rights. It runs on multiple blockchains, making it accessible and versatile for OKX users seeking enhanced platform benefits.

How is OKB market cap calculated?

OKB market cap is found by multiplying the live OKB price by the circulating supply (e.g., $53.21 × 60M = ~$3.2B). Supply is strictly limited and published by OKX.

Where can I track real-time OKB price?

You can check OKB’s live price and market cap on OKX, CoinMarketCap, and CoinGecko for instant, verified data.

How do I buy OKB?

To buy OKB, create an OKX account, verify your ID, deposit funds, and purchase through the trading portal. Other exchanges also list OKB—see the buying guide above for details.

Why is OKB price rising?

OKB price typically rises after major supply burns, OKX announcements, or positive crypto market trends that boost user demand and overall trading activity.

Conclusion

OKB stands out as one of the most robust and transparent exchange tokens in crypto. Backed by OKX, its strong utility, quarterly burns, and limited supply keep demand high as the platform evolves. As of June 2025, the OKB market cap sits above $3 billion, reflecting its steady growth and trusted reputation.

Key takeaways:

• OKB powers fee discounts, staking, and voting within OKX
• Its quarterly burns and transparent supply set a standard for exchange coins
• OKB’s market cap highlights its growing importance among crypto assets
• For the latest OKB price or to buy securely, always head to OKX

Crypto trading carries risk. Never invest more than you can afford to lose, and always use robust security tools like two-factor authentication (2FA) and trusted wallets.