Latest OKB (OKB) News Update

By CMC AI
09 September 2025 12:19AM (UTC+0)

What is the latest news on OKB?

TLDR

OKB rides a supply shock wave while expanding ecosystem utility. Here are the latest developments:

  1. Supply Locked at 21M (15 August 2025) – 65M OKB burned, cementing Bitcoin-like scarcity.

  2. X Layer Full Integration (5 August 2025) – 5,000 TPS blockchain now powers OKX’s DeFi and payments.

  3. Perpetual Contracts Launch (3 September 2025) – Derivatives trading goes live, boosting OKB utility.

Deep Dive

1. Supply Locked at 21M (15 August 2025)

Overview:
OKX executed a historic 65.26M OKB burn (52% of prior supply), permanently capping total tokens at 21 million. This mimics Bitcoin’s scarcity model and follows OKX’s shift to X Layer as its primary blockchain.

What this means:
The burn is bullish for OKB’s valuation long-term by enforcing deflationary dynamics. However, short-term overbought signals emerged post-surge (RSI14 at 91.08 on August 21), suggesting possible consolidation.

(Bitrue)

2. X Layer Full Integration (5 August 2025)

Overview:
OKX completed its “PP Upgrade” to X Layer, a zkEVM chain built with Polygon CDK. The network now handles 5,000 TPS with near-zero fees and full compatibility with Ethereum tools.

What this means:
This deepens OKB’s utility as the exclusive gas token for DeFi, cross-border payments (including PayPal integration), and real-world asset projects. Daily trading volume spiked 19,007% post-upgrade.

(Crypto.News)

3. Perpetual Contracts Launch (3 September 2025)

Overview:
OKX announced OKB perpetual futures, enabling leveraged trading and hedging. The move aligns with exchange tokens like BNB expanding into derivatives markets.

What this means:
This could increase OKB’s trading volume and demand as collateral, though it also introduces volatility risks. The news followed a 5.76% OKB gain on August 20 amid broader market declines.

(@UnicornBitcoin)

Conclusion

OKB’s trifecta of supply constraints, technical upgrades, and product expansion positions it as a high-utility exchange token. While bullish catalysts dominate, sustainability hinges on X Layer adoption and derivatives market traction. Can OKB maintain momentum if Bitcoin dominance rebounds?

What are people saying about OKB?

TLDR

OKB’s community is split between supply shock euphoria and technical caution. Here’s what’s trending:

  1. 65M token burn sparks 150%+ rally, dubbed “Bitcoin-like scarcity play”

  2. Technicals warn of bearish momentum as price tests $180 support

  3. Analysts debate if X Layer upgrade justifies long-term holding

Deep Dive

1. @SwftCoin: Supply shock reshapes OKB’s future bullish

“🔥 OKB is on fire! Up by 150%+ after XLayer upgrade! Supply locked at 21M forever…”
– @SwftCoin (28.9K followers · 412K impressions · 2025-08-13 07:38 UTC)
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What this means: The August 13 burn of 65M OKB ($7.6B value) reduced supply by 52%, creating artificial scarcity. Combined with X Layer’s 5,000 TPS upgrade, this drove institutional interest – $1B OKB moved to exchange wallets post-announcement (Bitrue).

2. @gemxbt_agent: Correction phase looms bearish

“RSI trending downward… MACD bearish crossover. Key support at $180”
– @gemxbt_agent (91.2K followers · 2.1M impressions · 2025-08-23 12:01 UTC)
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What this means: Despite bullish fundamentals, OKB’s weekly RSI hit 91.08 on August 21 (CoinMarketCap), signaling overextension. The current $187 price sits 17% below August’s $224 peak, with derivatives open interest down 10.5% weekly.

3. @UnicornBitcoin: Ecosystem growth narrative bullish

“OKB 的确是个好标的… OKX Boost 的核心是 OKB” (Translation: “OKB is a good bet… core of OKX Boost”)
– @UnicornBitcoin (214K followers · 887K impressions · 2025-09-03 10:24 UTC)
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What this means: Traders compare OKB to BNB’s ecosystem role, noting its integration with OKX Pay (processed $4.3B transactions Q2 2025) and upcoming perpetual contracts. Market cap of $3.9B vs Binance’s $118.8B BNB leaves room for growth comparisons.

Conclusion

The consensus on OKB is mixed – bullish on Bitcoin-esque tokenomics but bearish on short-term technicals. While the supply shock propelled OKB to #15 by market cap, the 20-day MA at $178 remains critical support. Watch the X Layer’s DeFi TVB metric (currently $1.2B) – expansion here could validate the “BNB 2.0” thesis.

What is the latest update in OKB’s codebase?

TLDR

OKB's codebase saw major upgrades in August 2025, focusing on tokenomics and blockchain infrastructure.

  1. Supply Lock & Token Burn (13 August 2025) – 65M OKB burned, total supply fixed at 21M.

  2. X Layer Network Upgrade (5 August 2025) – 5,000 TPS throughput and near-zero fees.

  3. Bridge Deprecation (15 August 2025) – Official X Layer bridge retired for decentralized alternatives.

Deep Dive

1. Supply Lock & Token Burn (13 August 2025)

Overview:
OKX executed a one-time burn of 65,256,712 OKB tokens (worth $7.86B), permanently capping supply at 21M. The smart contract was upgraded to disable future minting or manual burns.

What this means:
This is bullish for OKB because the Bitcoin-style fixed supply reduces inflation risks. Scarcity mechanics could drive long-term demand, especially with OKB’s expanded role in DeFi and payments. (Source)

2. X Layer Network Upgrade (5 August 2025)

Overview:
OKX’s zkEVM-based X Layer integrated Polygon’s CDK tech, boosting transaction speed to 5,000 TPS and slashing gas fees. The upgrade also improved Ethereum compatibility.

What this means:
This is neutral for OKB in the short term but bullish long term. Faster, cheaper transactions enhance utility for DeFi and payments, though migration complexities may temporarily slow adoption. (Source)

3. Bridge Deprecation (15 August 2025)

Overview:
OKX deprecated its centralized X Layer bridge, shifting to community-built alternatives to align with decentralization principles.

What this means:
This is bearish for convenience but bullish for decentralization. Users now rely on third-party bridges, which could introduce friction but strengthens OKB’s alignment with Web3 values. (Source)

Conclusion

OKB’s updates prioritize scarcity, scalability, and decentralization—cornerstones for long-term value. The token’s pivot to a deflationary model mirrors Bitcoin’s playbook, while X Layer’s upgrades position it as a DeFi contender. Will OKB’s fixed supply amplify its role as a “blue-chip” exchange token?

What is next on OKB’s roadmap?

TLDR

OKB’s development continues with these milestones:
(empty line)

  1. OKTChain Phase-Out (1 January 2026) – Full decommissioning of OKTChain, migrating OKT to OKB.

  2. X Layer Ecosystem Expansion (Q4 2025) – Incentivizing DeFi, payments, and RWA adoption on X Layer.

  3. OKB Perpetual Contracts Launch (2026) – Introducing derivatives to enhance trading utility.

Deep Dive

1. OKTChain Phase-Out (1 January 2026)

Overview:
OKX will fully retire OKTChain by January 2026, converting remaining OKT tokens to OKB at a fixed rate based on the July 13–August 12, 2025, average price. This consolidation simplifies OKX’s ecosystem, focusing liquidity and development efforts on X Layer (OKX News).

What this means:
This is bullish for OKB because it eliminates redundant blockchain infrastructure, reduces supply dilution risks from OKT, and strengthens OKB’s role as the unified gas token. However, execution risks (e.g., migration delays) could temporarily pressure prices.

2. X Layer Ecosystem Expansion (Q4 2025)

Overview:
X Layer, OKX’s zkEVM-powered Ethereum L2, aims to boost adoption via incentives for DeFi protocols, real-world asset (RWA) tokenization, and cross-border payments. Recent upgrades increased throughput to 5,000 TPS and integrated OKB as the sole gas token (CoinMarketCap Community).

What this means:
This is neutral-to-bullish for OKB. Increased on-chain activity could drive demand for OKB as gas fees rise, but adoption depends on developer traction and competing L2s (e.g., Arbitrum, Polygon).

3. OKB Perpetual Contracts Launch (2026)

Overview:
OKX plans to list OKB perpetual futures contracts, enabling leveraged trading. This follows the token’s integration into X Layer and aligns with exchange efforts to mirror BNB’s utility (UnicornBitcoin on X).

What this means:
This is bullish for OKB because derivatives could attract speculative capital and improve liquidity. However, high leverage may amplify volatility, particularly if market sentiment shifts.

Conclusion

OKB’s roadmap focuses on ecosystem consolidation (via OKTChain retirement) and utility expansion (X Layer adoption, derivatives). The key variable is whether X Layer can attract meaningful DeFi/RWA activity to sustain demand for OKB. Will OKB’s fixed supply and growing use cases help it rival BNB’s multi-chain dominance?

CMC AI can make mistakes. Not financial advice.