OKX Rebate Wallet Balance Surpasses $6.68 Million, DEX Trading Volume Exceeds $1.4 Billion

OKX's official rebate wallet balance has exceeded $6.68 million, with an estimated trading volume of over $1.4 billion for DEX participating in OKX Boost. The fee and rebate system was launched on August 25th to allow users, KOLs, and communities to share trades and earn rewards. OKX Wallet will launch the Boost - X Launch Phase 2 event on September 17th, featuring Lombard (BARD) with a total prize pool of 2,600,000 BARD.

OKX, a prominent cryptocurrency exchange, has recently integrated USDT0, a unified liquidity network for Tether’s USDT, across its Ethereum layer-2 X Layer, the OKX Wallet, and the OKX exchange. This integration aims to unify stablecoin liquidity for the exchange’s 80 million users, enabling seamless deposits and withdrawals of USDT0 and access to deeper cross-chain liquidity OKX integrates USDT0 across X Layer, Wallet, and Exchange^[1].

The integration leverages LayerZero OFT technology to facilitate 1:1 USDT-backed transfers without the need for traditional bridges. OKX has stated that this move brings unified, composable stablecoin liquidity to its extensive customer base OKX integrates USDT0 across X Layer, Wallet, and Exchange^[1].

In addition to the stablecoin integration, OKX has announced an upcoming event for its DEX platform, OKX Boost. The Boost - X Launch Phase 2 event will commence on September 17th, featuring Lombard (BARD) with a total prize pool of 2,600,000 BARD. The event schedule includes the opening of BARD deposit at 8:00 PM on September 15th, followed by a trading auction period from 6:00 PM to 7:00 PM on September 18th, and the opening of BARD/USDT spot trading at 7:00 PM on the same day. BARD withdrawals will open at 10:00 PM on September 18th OKX will list BARD (Lombard) spot trading^[2].

The OKX official rebate wallet balance has surpassed $6.68 million, with an estimated trading volume of over $1.4 billion for DEX participating in OKX Boost. The fee and rebate system was launched on August 25th to allow users, KOLs, and communities to share trades and earn rewards OKX integrates USDT0 across X Layer, Wallet, and Exchange^[1].