OKB · OKB
The OKX exchange token and X Layer gas coin
Supply is frozen forever at 21M and you must hold OKB for gas on OKX's own X Layer chain — its weak spot is having no real VC narrative, just an exchange token.
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OKB · a hard-capped supply that can no longer move.
OKB is the OKX exchange token and the gas token of X Layer — ~21.0M circulating, the whole supply, with a permanent 21M cap and a contract that can no longer mint or burn.
Sell pressure. Zero new OKB — minting was removed from the contract in 2025, and there is no vesting left to unlock.
Buy pressure. Zero burn — the old buyback-and-burn was retired and the burn function is gone, so nothing removes OKB either.
Net. A flat 0.00% — nothing is added and nothing is removed. The supply is frozen at 21M.
No new OKB can be created — the contract's mint function was removed in the 2025 upgrade and supply is permanently fixed at 21M.
OKB is fully unlocked — the circulating supply equals the entire 21M, so there is no team, investor or treasury schedule still releasing tokens.
No public evidence of a discretionary release in the window — monitored. The company reserve tokens were burned in 2025; the full 21M is now counted as circulating, so there is no off-market overhang left to release.
No bankruptcy estate or court-ordered distribution applies to OKB.
The earlier quarterly buyback-and-burn was retired in 2025 — the contract's burn function was removed, so OKB can no longer be destroyed. No buyback removes supply now.
X Layer gas fees paid in OKB are not burned — they circulate to the network's sequencers rather than being destroyed, so no fee burn reduces supply.
No discretionary open-market buying is disclosed — monitored. Any purchase would not change supply, since burning is no longer possible.
No new multi-year lock or escrow announced in the window — monitored.
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