what's okx?
OKX is a leading global cryptocurrency exchange platform founded in 2013 as Okcoin and rebranded in 2022, offering services for buying, selling, and trading over 350 cryptocurrencies across spot, derivatives, DeFi, and NFT markets. It supports high-volume trading with features like perpetual futures, pre-market trading, and advanced risk management systems designed to handle market volatility without downtime. The platform emphasizes security through proof-of-reserves audits and has expanded into Web3 with its own X Layer blockchain and wallet. OKX engages in promotional campaigns, such as US-targeted bonuses with tokens like AVNT, and high-profile sponsorships including McLaren F1 racing, featuring driver Lando Norris at events like TOKEN2049 Singapore. Its native utility token, OKB, powers fee discounts, staking rewards, and ecosystem governance, with a reduced circulating supply following periodic burns.
OKX Africa listed Katana token; sponsors McLaren F1 for $50M.
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Listed Katana token on OKX Africa platform.
Sponsors McLaren F1 team with a $50 million deal alongside other major brands including Mastercard, Google, and Dell.
Awards up to $100 in XAUT rewards for buying $100+ of eligible crypto for 5 consecutive days. XAUT is pegged 1:1 to physical gold.
OKX Ventures co-led investment in VPBank's crypto exchange CAEX alongside HashKey Global for regulated crypto exchanges in Vietnam, meeting a $380M capital requirement.
OKX Wallet ranks third among crypto wallets by weekly active traders according to Dune data.
Launched earn programs in collaboration with Katana in March 2026.
Integrated OKX swaps as native provider in Ledger Wallet 4.0 app, supporting 15,000+ crypto assets and 90+ chains.
Lists OFC token on Boost platform, with registration open until 2026-04-09 at 8 AM UTC and claims beginning on 2026-04-09 at 10 AM UTC for CeDeFi users on OKX Exchange.
Listed UPUSDT perpetual futures trading globally.
Generated $162.7 billion in spot trading volume during Q1 2026, ranking fifth globally among centralized exchanges.
Held $15.9 billion in custody assets as of Q1 2026, ranking second globally among centralized exchanges.
Launched operations in the United States.
Reached 120 million traders on the platform.
Maintains 99.99% uptime and 2ms median order latency with 800-level order book depth across 1,000+ trading instruments.
Spot trading of OKB token is now live on Kraken exchange.
Integrated Pharos Network testnet into OKX Wallet, enabling users to explore the Pharos ecosystem.
Co-hosts 9th LONGITUDE conference in Paris on 2026-04-15 at Shangri-La Paris. Europe CEO participates in a fireside chat at the invite-only event by Cointelegraph with 350+ industry leaders focusing on digital assets, RWAs, and institutional adoption.
Listed EDGEUSDT perpetual futures trading on its platform.
CCO participated in a panel discussion at #links26 conference on April 1, 2026, alongside Binance and Kraken executives, discussing AI-enhanced blockchain intelligence tools for compliance.
Integrated OKX Wallet with peaq network to enable onchain trading for robots at a Hong Kong robo-farm.
Listing Mezo Network on Boost, with registration open until April 2, 2026 at 8 AM UTC and claims going live on April 2, 2026 at 10 AM UTC for CeDeFi users on OKX Exchange.
Launches 5% deposit match delivered as USDG cashback for deposits of $10+, ending 2026-04-15.
Listed BASED futures trading on March 30, 2026.
Listed BASED/USDT spot trading pair on March 30, 2026, via Boost, with registration open until March 31, 2026, and claims starting March 31, 2026 for CeDeFi users.
Aave launched on X Layer, an Ethereum L2 by OKX, for lending, borrowing, and yield earning. Supports 6 custom eModes with up to 88% LTV for xOKSOL/xSOL and xBETH/xETH, exceeding the standard 70% ceiling. OKX Wallet provides access.
Added MON spot trading and MON to X Drops Club during the week ending March 29, 2026.
CZ's book is titled "币安人生" (Binance Life), which represents support and affirmation for the Chinese-language memecoin sector and onchain marketing efforts.
Ranks 5th globally among centralized exchanges in perpetuals open interest with $6.04B as of March 21, 2026.
Received WLD tokens as part of a 117 million WLD distribution from Worldcoin project's multisig wallet, with 84.76 million WLD routed through FalconX before being distributed to OKX, Binance, and Bybit.
Received a $16.2M deposit on the exchange platform.
Lists BlockSt on Boost with registration open until March 21, 2026 at 8 AM UTC and claims starting March 21, 2026 at 12 PM UTC for CeDeFi users on OKX Exchange.
BitGo supports the X Layer token standard built by OKX and serves as the network's preferred custody partner for enterprises, RWA projects, and institutions building on X Layer.
Hosts a Token Trading Campaign for MERL targeting 30+ European countries, running for 2 weeks starting on 2026-03-18 at 19:00 GMT+8, where users trading MERL earn MERL rewards.
Allocates 15.65% of KAT supply to core contributors with zero Day-1 unlock, vesting in four annual tranches beginning 12 months post-TGE.
Plans to emit approximately 500 million KAT in the first 6 months post-mainnet launch.
Achieved over $500 million in TVL driven by Binance Wallet and OKX Earn integrations prior to mainnet launch.
Added Alpha Radar to OKX Wallet, enabling trending token and wallet tracking; added Portfolio, Hot Tokens, Trading Config to Onchain OS.
Reached over $300M in deposits within the first week of launching the USDT yield product integrated with Morpho.
Faces ban from Vietnam on citizen trading on overseas crypto platforms, losing access to the 4th-largest crypto adoption market globally. Vietnam plans to launch its first licensed local exchange March 2026.
Enables arbitrage of funding rates across Binance, Hyperliquid, and OKX through Boros markets for ETH, BTC, and Silver.
Reduced X Layer gas fees by 5X from 0.1 gwei to 0.02 gwei, enabling approximately 500,000 transactions per OKB.
Lists Unitas Labs token on Boost platform with registration opening until 2026-03-15 at 8:00 AM UTC and claims becoming available on 2026-03-15 at 12:00 PM UTC for CeDeFi users on OKX Exchange.
Received MiCA license and operates as a regulated entity across the European Economic Area, including France.
Launches airdrop campaign for XDC Network with 600,000 USDC prize pool, with registration closing on 2026-03-14 at 8 AM UTC and claims opening on 2026-03-14 at 12 PM UTC for OKX Exchange CeDeFi users.
Hosts a trading competition for OKX wallet users with $3,000 in prizes, requiring $1,500 in trading volume to qualify for the leaderboard.
Supports 12M+ monthly active users.
Holds $4B in options open interest.
Integrated with SYRA's trading agentic infrastructure layer alongside Kraken.
Spot trading volume increased by 8.4% month-over-month in February 2026.
Launched deposit match promotion with 4% extra in USAT on deposits of $10+, max $5,000, for existing and new users, paid over 12 cycles (every 2 weeks).
Head of global product marketing departed after more than three years at the company.
Added wallet support for OKX on the Spaace platform in January or February 2026.
OKX Ventures received 4.47M ENA tokens (worth approximately $453.57K) from the Ethena Labs Vesting contract on 2026-03-09, bringing their total holdings to 10.84M ENA (worth approximately $1.12M).
Received two large Ethereum transfers worth $33.9M and $34.4M respectively from whales.
Launched OKX Card enabling real-time stablecoin-to-fiat conversion with zero fees across Europe.
migrating infrastructure to AWS Tokyo in June 2026
Received approximately 6.5M USDC and USDT deposited by an attacker who drained $24M from sillytuna protocol, as part of funds laundering activity.
Launched X Layer, an Ethereum layer-2 hosting Aave, pushing 50 million users on-chain, live on Defined for tracking and trading.
Generated $2.19 trillion in derivatives trading volume during Q1 2026, ranking second globally among centralized exchanges. Achieved $5.8 trillion in perpetuals trading volume.
Launched mainnet and listed KAT spot trading pair on March 18, 2026, built on Polygon's AggLayer using ETH for gas. Integrated USDT yield product curated by Gauntlet on Morpho's Katana, earning KAT rewards.
Spot trading data including orderbook, level 1, OHLCV, trades, volume, and snapshots is now available via Laevitas API and MCP with pay-per-call pricing at $0.001 per request.
Listed OPN perpetual futures contracts for trading.
Raised $200M from Intercontinental Exchange (ICE) for U.S. market expansion, focusing on compliance and tokenized securities, at a $25B valuation.
Executed a $7.6 billion token burn in August 2025.
Launched Orbit, a social platform linking posts to trades, allowing portfolio data disclosure, and offering follower engagement rewards, alongside a trading contest for KOLs.
Integrated with Predict with Oshi, enabling full wallet compatibility across 60+ chains and 500+ DEXs; released Onchain OS skill "okx-defi-invest" for DeFi position management on 20+ chains; charges 0-0.5% swap fees; and shipped US trading bots feature March 29, 2026.
OKB ranked as the 10th top weekly gainer with a +25.05% price increase.
Fined by the U.S. Department of Justice over money laundering in 2025.
Received investment from Intercontinental Exchange (ICE), spiking 58% to $122 on March 5, 2026.
Trading volume reached $467 million, 263% above daily average, on March 5, 2026.
Engagements set a 52-week high at 7.26 million with mentions up 45.7% in 24 hours from 765 unique creators across X, TikTok, and YouTube on March 5, 2026.
Serves more than 120 million people globally as of March 2026.
Recorded $150.64 million in net inflows during February 2026.
Licensed spot crypto prices to Intercontinental Exchange (ICE) for U.S.-regulated futures products, distributing ICE's futures and tokenized equities tied to NYSE to 120 million global users.
Launched Stock Perpetuals by week ending March 29, 2026, enabling 24/7 trading exposure to major US stocks on the New Money App, allowing Auto Earn balances to earn yield as collateral. Partnered with Intercontinental Exchange (ICE) for NYSE tokenized stocks, derivatives, and ICE U.S. futures, targeting 120M users by H2 2026.
Held 11.14% market share of total crypto exchange volume in February 2026, ranking second among all exchanges.
Partnered with Intercontinental Exchange (ICE) at a $25 billion valuation on 2026-03-05.
Lists Fabric (FabricFND) on Boost platform with registration opening until 2026-03-06 at 10:00 AM UTC and claims starting 2026-03-06 at 12:00 PM UTC for CeDeFi users.
Ended a flash earning program for CC token on March 5, 2026.
Partnered with idOS Network for its reusable, portable KYC layer alongside Kraken, KuCoin, MEXC, and Gate.
Hosts airdrop for idOS Network with 5M $IDOS prize pool, registration open until 2026-03-05 10:00 UTC and claims starting 2026-03-05 14:00 UTC for OKX Exchange CeDeFi users; lists IDOS token following TGE March 5th, 2026 2pm UTC.
Launched perpetual futures for equities on March 4, 2026, offering USDT-settled contracts for NVDA, MU, SNDK, GOOGL, MSFT, AAPL, META, QQQ, and SPY with up to 5x leverage.
Launched open-source AI Agent Trade Kit on March 11, 2026, featuring 80+ tools, OnchainOS (60+ blockchains, 500+ DEXs), and AI Skills Hub. Also launched OKX Agentic Wallet, a CLI-enabled wallet for AI agents supporting 20 chains with gas-free X Layer transactions, simulation, screening, and validation; hosts an AI agent hackathon.
Experienced an outflow of 3.83 million ETH from the exchange in February 2026.
Experienced the highest percentage increase in $100K+ whale transactions on its network over the past month among listed projects according to on-chain data.
Launched $CC Flash Earn product.
Launched GooGLon prize pool on OKX Wallet.
Launches airdrop program on March 6, 2026 requiring users to hold $10,000+ and opt in to claim rewards through X Drops Club.
OKB token became available for trading in Europe on February 27, 2026.
Launched a promotional program offering up to 12% bonus in BTC for OKB purchases made before March 11, 2026.
Integrated Chainalysis AI to screen withdrawals and block transfers to scam-linked crypto addresses for fraud prevention.
Chief Compliance Officer Jonathan Brockmeier will speak at Chainalysis Links 2026 conference on March 31–April 1, 2026 in New York, discussing exchange compliance and on-chain analytics.
Partners with Ondo for RWA products, hosting tokenized stocks Trading Competition generating $163M volume by 2026-03-13 with 7,000 traders.
Lists stock perpetual contracts for Robinhood (HOOD), Tesla (TSLA), and MicroStrategy (MSTR) with up to 5× leverage, with trading going live on 2026-02-25 at 3:00 PM UTC+8 on web, mobile, and API.
Listed Opinion token for pre-market trading.
Hosts a new X Launch for @fandomcreator_ with a 500K USDT prize pool, with registration closing on 2026-02-24 at 11:00 AM UTC and claims opening on 2026-02-24 at 1:00 PM UTC for CeDeFi users on OKX Exchange.
Released 40th Proof of Reserves report with snapshot February 4, 2026, user BTC holdings 130,618 BTC (up 3.04% or 3,848 BTC from January 17, 2026), ETH holdings 1.582M ETH (down 0.11% or 1,673 ETH), and USDT holdings 10.367B USDT (down 0.17% or 17.86M USDT).
User ETH holdings totaled approximately 1.582 million ETH as of February 4, 2026, down 0.11% (-1,673 ETH) from the previous Proof of Reserves report dated January 17, 2026.
User USDT holdings totaled roughly 10.367 billion USDT as of February 4, 2026, down 0.17% (-17.86 million USDT) compared to the January 17, 2026 Proof of Reserves snapshot.
Launched "The New Money App" for users in the United States.