Log in

Home
Research
Analysis
Community
  1. Cryptonary
  2. Crypto School
  3. Simply Explained: OKB (OKB)
Simply Explained

Simply Explained: OKB (OKB)

Updated: Jul 25, 2024
Published: Aug 25, 2022
0
Share:

OKEx Exchange is one of the top 5 most used crypto exchanges globally. OKEx focuses on options trading. Think of it like Binance, but instead of targeting the mass market, it’s chasing the specialised trader. It has one of the largest pools of trading pair options, which explains its popularity. Yep, you know what’s coming: Binance has BNB, KuCoin has KCS and drumroll, and OKEx has OKB!

Post Feature Image

OKB is the utility token that powers the OKEx network. It’s used to pay trading fees and facilitate governance. There is also a reward system for users.

What’s so cool about OKB?

The incentives offered to exchange users through OKEx are fruitful. Users get up to 40% off transactions, which is dependent on how many OKBs they hold.

Like KuCoin, there are two tiers of users, regular and VIP. This is also linked to the amount of OKB held.

OKB can also provide passive income for holders through the OKEx Earn plan. Users essentially earn a dividend/interest rate on OKB held in their wallets.

Once again, just like Binance, OKEx has its own native chain called OKExChain. It works in the same way as BNB and powers the chain by facilitating training and app development.

What are the Tokenomics of OKB?

OKEx burn

Our Top Picks:

DOGWIFHAT

DOGWIFHAT

120,650%

SPX6900

SPX6900

17,000%

POPCAT

POPCAT

66,567%

PENDLE

PENDLE

5,002%

SOLANA

SOLANA

2,500%

HYPE

HYPE

1,740%

Don’t miss our next 100X

Trusted by 230K+ investors

s OKB tokens every three months, making it deflationary. OKEx also uses 30% of the income from commission fees to do this. 

Then, 50% of the service fee income is distributed to token holders. 

Lastly, OKB operates as a governance token on a minor level, allowing holders to vote on policies, rates and so on. However, to date, there is not much information on the full extent of governance.

There is a fixed supply of 1 billion tokens.

  1.   500 million used for rewards and airdrops
  2.   400 million to founders
  3.   100 million to investors
Note many of these tokens are not in circulation due to the bedding period.

Roughly 700 million tokens are to be distributed throughout 2022 and 2023. The allocation for these are:

  1.   300 million for public
  2.   200 million to the founding team
  3.   100 million to early investors
  4.   100 million to a foundation that supported OKB
Disclaimer: THIS IS NOT FINANCIAL OR INVESTMENT ADVICE. Only you are responsible for any capital-related decisions you make, and only you are accountable for the results.

Continue reading by joining Cryptonary Pro

Save 23%

$1,197/year

Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.

VisaCardImageMsCardImageCoinbaseCardImageSolanaCardImage

For your security, all orders are processed on a secured server.

As a Cryptonary Pro subscriber, you also get:

  • 3X Value Guarantee - If cumulative documented upside does not reach 300% during your 12-month membership, you can request a full refund.

  • 24/7 access to experts with 50+ years’ experience

  • All of our top token picks for 2025

  • On hand technical analysis on any token of your choice

  • Weekly livestreams & ask us anything with the team

  • Daily insights on Macro, Mechanics, and On-chain

  • Curated list of top upcoming airdrops (free money)

3X Value Guarantee

If cumulative documented upside does not reach 300% during your 12-month membership, you can request a full refund.

Terms & Conditions apply

Star

Trusted by 300,000+ investors

Our track record speaks for itself

With over 2.4M tokens and widespread misinformation in crypto, we cut through the noise and consistently find winning assets.

Our track record speaks for itself

With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.

  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
/images/advertorial/corpcomm1.webp
/images/advertorial/corpcomm2.webp
/images/advertorial/corpcomm3.webp
/images/advertorial/corpcomm4.webp
/images/advertorial/corpcomm5.webp
/images/advertorial/corpcomm6.webp
/images/advertorial/corpcomm1.webp
/images/advertorial/corpcomm2.webp
/images/advertorial/corpcomm3.webp
/images/advertorial/corpcomm4.webp
/images/advertorial/corpcomm5.webp
/images/advertorial/corpcomm6.webp
/images/advertorial/corpcomm1.webp
/images/advertorial/corpcomm2.webp
/images/advertorial/corpcomm3.webp
/images/advertorial/corpcomm4.webp
/images/advertorial/corpcomm5.webp
/images/advertorial/corpcomm6.webp

Frequently Asked Questions

Can I trust Cryptonary's calls?

Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.

Do I need to be an experienced trader or investor to benefit?

No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.

What makes Cryptonary different from free crypto content on YouTube or Twitter?

Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.

Why is there no trial or refund policy?

We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.

Do I get direct access to the Cryptonary team?

Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.

How often is content updated?

Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.

How does the 3X Value Guarantee work?

We stand behind the value of our research. If the documented upside from our published research during your 12-month membership does not exceed three times (3X) the annual subscription cost, you can request a full refund. Historical context: In every completed market cycle since 2017, cumulative documented upside has exceeded 10X this threshold.

Recommended from Cryptonary
Market Update: This Week's Setup
PRO
Market Updates
Market Update: This Week's SetupThis week looks calm on the surface. But underneath, the market is being pulled in two directions, a...
8 min read
Jan 19, 2026
BTC, ETH and More: Time for the Market to Decide
PRO
Market Direction
BTC, ETH and More: Time for the Mar...This week’s move brought Bitcoin into the exact zone we’ve been tracking, with ETH and SOL attemptin...
12 min read
Jan 16, 2026
Market Update: BTC Surges on Spot Buying, Local Top Near?
PRO
Market Updates
Market Update: BTC Surges on Spot B...A sharp move higher has put $100k back on the table, but not without resistance and risk. In today’s...
10 min read
Jan 15, 2026
How to Make Money with Airdrops in 2026 | Cryptonary Livestream | 15th January
PRO
Livestreams
How to Make Money with Airdrops in ...In this livestream, we sit down with KDB, Cryptonary's airdrop specialist, to break down how to make...
1 min read
Jan 21, 2026
This Stock Could Be the Smartest Hedge With Decent Growth
PRO
Research Report
This Stock Could Be the Smartest He...If your portfolio is heavy crypto, you need something that doesn’t break the same way crypto breaks....
17 min read
Jan 21, 2026
BTC, ETH and More: Crypto Majors Break Key Supports
PRO
Market Direction
BTC, ETH and More: Crypto Majors Br...Here’s where we are: last week’s breakout attempts failed, downside liquidity got tagged, and now we...
14 min read
Jan 20, 2026
Market Update: This Week's Setup
PRO
Market Updates
Market Update: This Week's SetupThis week looks calm on the surface. But underneath, the market is being pulled in two directions, a...
8 min read
Jan 19, 2026
BTC, ETH and More: Time for the Market to Decide
PRO
Market Direction
BTC, ETH and More: Time for the Mar...This week’s move brought Bitcoin into the exact zone we’ve been tracking, with ETH and SOL attemptin...
12 min read
Jan 16, 2026
Market Update: BTC Surges on Spot Buying, Local Top Near?
PRO
Market Updates
Market Update: BTC Surges on Spot B...A sharp move higher has put $100k back on the table, but not without resistance and risk. In today’s...
10 min read
Jan 15, 2026
How to Make Money with Airdrops in 2026 | Cryptonary Livestream | 15th January
PRO
Livestreams
How to Make Money with Airdrops in ...In this livestream, we sit down with KDB, Cryptonary's airdrop specialist, to break down how to make...
1 min read
Jan 21, 2026
This Stock Could Be the Smartest Hedge With Decent Growth
PRO
Research Report
This Stock Could Be the Smartest He...If your portfolio is heavy crypto, you need something that doesn’t break the same way crypto breaks....
17 min read
Jan 21, 2026
BTC, ETH and More: Crypto Majors Break Key Supports
PRO
Market Direction
BTC, ETH and More: Crypto Majors Br...Here’s where we are: last week’s breakout attempts failed, downside liquidity got tagged, and now we...
14 min read
Jan 20, 2026
Market Update: This Week's Setup
PRO
Market Updates
Market Update: This Week's SetupThis week looks calm on the surface. But underneath, the market is being pulled in two directions, a...
8 min read
Jan 19, 2026
BTC, ETH and More: Time for the Market to Decide
PRO
Market Direction
BTC, ETH and More: Time for the Mar...This week’s move brought Bitcoin into the exact zone we’ve been tracking, with ETH and SOL attemptin...
12 min read
Jan 16, 2026
Market Update: BTC Surges on Spot Buying, Local Top Near?
PRO
Market Updates
Market Update: BTC Surges on Spot B...A sharp move higher has put $100k back on the table, but not without resistance and risk. In today’s...
10 min read
Jan 15, 2026
Research
Top PicksDeep DivesPassive IncomeAirdrop ReportsCrypto Research
Analysis
Market UpdatesMarket DirectionMarket PulseLivestreams
Tools
Market DirectionAssets & PicksAirdropsPortfolio Tracker
Cryptonary
Affiliate programEducationPrivacy PolicyTerms & ConditionsContact UsWrite for us
Stay connected
Disclaimer: The information provided on this website is for educational and informational purposes only and does not constitute financial, investment, legal, or tax advice. Cryptonary is not a licensed financial advisor. All content is shared without any guarantee of accuracy or completeness. You are solely responsible for your investment decisions. Always do your own research and consult with a licensed professional before making financial choices. Past performance is not indicative of future results.

×
popupimage
Our Latest Utility Token Research ReportPreviously locked for Pro members, now available to read in full.
  • tickThe utility token we're tracking closely
  • tickWhy we believe it's still early in the cycle
  • tickWhat we're watching to confirm a structural shift
​
Germany

No spam. No hype. Just the research.