OKX, a prominent Web3 technology company, has announced that its Runes Market now commands more than 50% of the total daily exchange volume for Runes, surpassing all other marketplaces.

Since its launch alongside the Bitcoin halving, OKX's Runes Market has processed over 1,024 BTC (CRYPTO:BTC) in trading volume and recorded 114,273 transactions as of May 13, 2024.

The platform offers zero-fee trading on mobile devices and continues to enhance its features, including the ability to sweep Runes and deploy new tokens on the Runes protocol.

Runes' unique UTXO-based structure simplifies token creation and management, providing a scalable alternative to traditional models within the Bitcoin network.