OKB company info

What does OKB do?
OKB (CRYPTO:OKB) is the native utility token of the OKX cryptocurrency exchange. It is used to pay for trading fees, participate in OKX's Jumpstart token sales, and earn rewards through OKX Earn. OKB holders also receive a variety of other benefits, such as discounts on trading fees, access to exclusive products and services, and voting rights in the OKB DAO. OKB is a deflationary token, meaning that the total supply of OKB is gradually decreasing over time. This is due to OKX's Buy-Back & Burn program, which repurchases OKB tokens from the market and burns them. The OKB Foundation is a non-profit organization that supports the growth and development of the OKB ecosystem. The foundation is responsible for managing the OKB treasury, developing new OKB use cases, and promoting the adoption of OKB.
OKB company media
Company Snapshot

How many people does OKB employ?

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Employees
1,001-5,000

What is the market cap for OKB?

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Market Cap
$3.0B

Where is the head office for OKB?

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Head Office
Victoria, Mahe, Seychelles

What year was OKB founded?

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Year Founded
2017
What does OKB specialise in?
/Alameda Research Portfolio /Centralized Exchange (CEX) Token /Discount Token /Marketplace

What are the products and/or services of OKB?

Overview of OKB offerings
Access to exclusive products and services: OKB holders have access to exclusive products and services on OKX, such as the OKB VIP Club and the OKB OTC trading desk.
Jumpstart token sale participation: OKB holders can participate in OKX's Jumpstart token sales, which give users the opportunity to invest in new and promising cryptocurrency projects.
OKB DAO voting rights: OKB holders have voting rights in the OKB DAO, which gives them a say in the development of the OKB ecosystem.
OKB utility token: OKB can be used to pay for a variety of services on OKX, such as trading fees, margin trading fees, and withdrawal fees.
OKX Earn rewards: OKB holders can earn rewards by staking their OKB on OKX Earn.
Trading fee discounts: OKB holders can receive discounts on trading fees on OKX.