Deep Dive
1. Purpose and uses
OKB was created for the OKX ecosystem. It has been associated with platform benefits such as trading fee discounts and access to token launches, but those benefits can change. OKX’s asset handling FAQ says OKB cannot be used to offset trading fees or affect fee discount tiers.
2. X Layer and supply
X Layer is an OKX public blockchain designed to support on chain applications and transactions. OKB is its native gas token: users pay network fees with it. “Gas” means the fee for processing a blockchain transaction. OKX says a one time burn on August 15, 2025 set total OKB supply at 21 million and later removed minting and burning functions from the token contract (OKX announcement).
Conclusion
OKB is an OKX ecosystem token whose role includes paying for activity on X Layer, alongside platform uses that may vary under OKX’s policies. How much will X Layer’s applications rely on OKB for everyday transactions?
