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 hosts wallet event at Consensus HK, holds 14.63% RWA Perpetuals share, and offers zero-gas CeDeFi.
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Launches airdrop program on March 6, 2026 requiring users to hold $10,000+ and opt in to claim rewards through X Drops Club.
Launched a promotional program offering up to 12% bonus in BTC for OKB purchases made before March 11, 2026.
OKB token became available for trading in Europe on February 27, 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 to offer RWA (real-world asset) products on the platform.
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.
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.
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.
Released 40th Proof of Reserves report with snapshot February 4, 2026, showing 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).
Launched "The New Money App" for users in the United States.
Offers zero fees for swapping major tokens on OKX Wallet with promotional code MUMUTHEBULL, providing a 20% fee discount.
Reduced minimum deposit for Deposit Match program to $10, with a $5,000 maximum reward, requiring funds to remain on platform without mandatory trading or lockup.
DEX facilitated $127M in swap volume on Arbitrum through Jumper Exchange over the past year.
Won the Best Crypto Exchange in Europe award at the 2025 TradingView Broker Awards.
OKB ranks #7 in LunarCrush AltRank top 10 based on combined social momentum and market activity.
Launched OKX Card in Europe, enabling stablecoin spending at Mastercard-accepting merchants with up to 20% cashback, promotion ending 2026-02-28.
Offers 5% yield/bonus on deposits for US users in its US app, ranging from $10 to $100,000.
Received a deposit of $25,360,000 in ETH from a whale on February 19, 2026.
Launched a deposit match promotion offering 5% on cash or crypto deposits up to $2,500 USDC with a total pool of $135,000, available to users in Netherlands, Germany, Poland, and France, requiring minimum $1,000 deposit with rewards distributed over 12 cycles, ending on 2026-02-27 or when pool is exhausted.
Joined ETHDenver 2026 as a sponsor, supporting the conference to remain free and accessible for builders.
OKX Wallet DeFi Earn integrates Morpho's Steakhouse Prime USDC vault, offering 15-54% APY depending on Katana FDV at TGE.
Listed 11,000,000 ZAMA tokens and 5,385,000 ESP tokens on X Launch platform, with registration deadline on 2026-02-18 at 16:00.
Secured Malta Payment Institution license for stablecoin payments and crypto card business in the EU under MiCA and PSD2.
Held 6.3% market share among centralized exchanges in 2025, down 0.5% year-over-year.
Listed CC token for spot trading on the exchange.
Added ESP and AZTEC perpetual futures contracts to trading offerings.
Listed ZAMA token via X Drops program on February 20, 2026.
Integrated X Layer with MetaMask.
Received a deposit of 14,745 ETH (valued at $28.75M) from whale address 0x2824 in the past 24 hours ending February 13, 2026.
Supports the $OM to $MANTRA token upgrade for MANTRA_Chain.
Integrated native cross-chain swaps through SwapKit integration layer into OKX wallet.
Invested in STBL to launch an institutional-grade, RWA-backed stablecoin on X Layer network in partnership with Hamilton Lane and Securitize.
Partnered with Gianluigi Donnarumma as a user and ambassador of The New Money App.
Hosts AMA with Europe CEO Erald Ghoos on 2026-02-12 at 18:00 CET for The New Money App in Europe.
Deployed major institutional infrastructure on Optimism Superchain.
Migrating XLayer to OP Stack.
Integrated DEX swapping into Ledger Wallet app, allowing direct token swaps through OKX DEX.
Runs a promotion offering €5,000 in prizes for EEA users who make real-world purchases with the OKX Card and post receipts with #PaidWithCrypto, ending on 2026-02-28.
Hosts X Launch airdrop for Cysic with 984,252 CYS prize pool, with registration closing on 2026-02-10 at 8 AM UTC and claims opening on 2026-02-10 at 10 AM UTC for CeDeFi users on OKX Exchange.
Launches a 5-day trading promotion offering $50 in BTC rewards, starting February 8, 2026, coinciding with the Super Bowl.
recorded $45.3M in whale inflows over a 24-hour period
Hosts a wallet-focused event at Consensus HK conference.
holds 14.63% market share in RWA Perpetuals YTD volume as of early 2026, ranking second after Binance.
Market data shows BTC price at $64,840, down 9.85% over the past 24 hours.
Integrated as a swap quote and execution provider within Orca's upgraded AutoSwap feature alongside DFlow, Jupiter, Titan Exchange, and Orca itself.
Offers zero gas fee trading for Ethereum tokens on the OKX app, supporting Ethereum and Arbitrum networks.
Experienced $149 million in net outflows over a 7-day period ending around February 4, 2026.
Listed TRIA token for trading on OKX Boost on February 3, 2026.
Launched Recurring Buy feature and other trading tools for users in the United States, expanding operations in the region.
Integrated with Rango Exchange as a supported DEX aggregator in January 2026.
Facilitated $29 trillion in cumulative crypto trades.
Listed ACU, SPACE, XAG, and XAU perpetual futures contracts on the New Money App.
Expanded partnership with skate_chain to include Solana and Sui networks.
Recorded $670 billion in derivatives trading volume over the 30-day period ending January 2026.
Listed ZAMA token for spot trading.
Operates Drops Club airdrop program that distributes tokens (including FOGO, NIGHT, and XPL) to users holding at least $1,000 on the platform.
Offers a 5% deposit match incentive program for US users who deposit $1,000 or more.
Participated in "Rise of DeFi - Top Innovators" X Spaces discussion scheduled for 2026-01-28 at 17:00 UTC, discussing future developments in DeFi alongside Celo, Bancor, and other projects.
OKX CEO publicly criticized Binance regarding the October 10, 2026 market crash, stating that industry-leading companies should focus on protecting crypto users' long-term interests rather than using aggressive narrative control and influencer campaigns.
Partners with Cantina to open the platform to the security research community.
Pays 5% APY on USDG deposits, distributed weekly through The New Money App.
Lists USAT for spot trading.
Listed SUMR token for trading.
Exploring or advancing plans to introduce tokenized U.S. stock products to provide global users with price exposure to U.S. equities through crypto-based tokens.
Verified PREDIC token on the OKX platform.
Hosts a Katana bonus event in the OKX wallet with a prize pool of 5 million KAT tokens for liquidity providers.
Reached $45 million in total value locked across Katana liquidity pools.
Launched Smart Account, a new trader model with Scanner and Tracker features for on-chain trading on OKX Web3.
Integrated real-world assets (RWAs) on the DEX platform during the week ending January 17, 2026.
Launched OKX Card in Europe, enabling direct stablecoin payments at Mastercard-accepting merchants with 20% cashback.
Uniswap launched on OKX's X Layer, bringing Uniswap's markets to X Layer users.
Expected to be blocked from app downloads and updates in South Korea starting on 2026-01-28 due to Google Play's new rules requiring FIU VASP registration approval, which requires a Korean entity and ISMS certification.
Listed RIVER perpetual trading on OKX.
Launched trading services in Florida (Miami) on 2026-01-13.
Added cashtag display functionality to the OKX Wallet browser extension, enabling users to view cashtags on X (Twitter).
Added ZKP perpetual futures trading.
Cut institutional staff as part of a global restructuring.
Launched a Trade-&-Earn event for BREV with a prize pool of 1.75M BREV and 150K USDT.
Expanding custody services using a "dual-stack" custody model to facilitate integration between traditional financial institutions and the crypto economy.
Published a 2026 outlook report covering on-chain, AI, and privacy/compliance topics.
Reached 100 million traders on the platform.
Received approval from Japan's Financial Services Agency (FSA), enabling OKX Japan to list the token.
Offers spot trading on over 500 trading pairs.
Conducts quarterly buybacks of OKB token with burns reducing supply.
Publishes monthly Proof of Reserves (PoR) reports on a regular schedule as part of transparency and compliance practices.
Released batch address creation and built-in batch transfer features in OKX Wallet.
Received a license from Dubai on December 4th, 2024 (one-year anniversary mentioned in speech on December 4th, 2025).
Holds $6 billion in corporate treasury assets on-chain as of 2025.
Listed LIT Pre-Market Perpetual futures contract for trading.
OKX Wallet integrated with Privy to enable onchain app and payment access for builders and users.
Ranked as one of the top two companies in a crypto industry workplace survey when respondents were asked about "the best company you've worked for".
Ranks second in bilateral liquidity depth for BTC and ETH markets among derivatives exchanges, after Binance and ahead of Bitget.
Added trading support for tokenized gold.
Global DEX trading volume grew 262% while CEX trading volume rose 16% in 2025.
Daily active wallets doubled over the past year, with around 190,000 new wallets added on average each day.
Received deposits from a whale wallet that held approximately 80,000 BTC since 2011 and became active on July 4, 2025, transferring portions of $8.6 billion worth of Bitcoin to exchanges including OKX.
Launched side-by-side charts and OKX Feed interface, eliminating the need to switch between tabs.