OKX Burns 65.25 Million OKB in Record Move, Supply Drops 52%

Generated by AI AgentCoin World
Friday, Aug 15, 2025 3:13 am ET1min read
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Aime RobotAime Summary

- OKX executed its largest OKB token burn on August 13, 2025, destroying 65.25 million tokens to reduce supply by 52%.

- Funded by trading fees, the burn aims to enhance OKB’s scarcity and align with Bitcoin’s 21 million supply cap model.

- The move initially caused a 7.64% price drop, but analysts suggest long-term value appreciation from reduced supply.

- OKX also plans to consolidate OKT into OKB and upgrade its X Layer blockchain to boost demand.

On August 13, 2025, OKX, the global

digital asset
trading platform, executed its largest single token burn to date, reducing the total supply of OKB to 21 million tokens [1]. This follows a burn of 279 million OKB tokens on July 16, 2025, marking a 52% reduction in the circulating supply [2]. The latest burn involved the destruction of 65.25 million OKB tokens, which were transferred to the Null Address, effectively removing them from circulation [4].

The burn was funded through trading fees collected by OKX, reflecting a strategic decision to use platform revenue to enhance token value and scarcity. This move aligns OKB’s tokenomics with models such as Bitcoin’s hard cap of 21 million, reinforcing OKB’s deflationary characteristics and positioning it as a more scarce digital asset [1].

In the immediate aftermath, OKB experienced a 7.64% price drop, likely attributed to market anticipation and the speed of the burn’s execution [2]. While the short-term volatility signals uncertainty, the long-term impact of reduced supply could contribute to value appreciation, according to analysts [2]. The total value of the most recent burn was approximately $7.6 billion, further highlighting OKX’s commitment to supply management [3].

OKX has also announced that OKT tokens will be consolidated into OKB, simplifying the ecosystem and reducing user complexity [5]. Additionally, an upcoming upgrade to OKX’s X Layer blockchain aims to enhance the platform’s capabilities, potentially driving increased demand for OKB in the future [7].

The market has responded with significant attention to the burn event, with comparisons drawn between OKB’s new supply cap and Bitcoin’s. While these parallels have sparked speculation about OKB’s ability to maintain higher price levels, the platform’s long-term success will ultimately depend on broader market conditions, utility, and adoption [6].

Source:

[1] title: OKX Burns 279 Million OKB Tokens to Boost Scarcity and ... (url: https://www.ainvest.com/news/okx-burns-279-million-okb-tokens-boost-scarcity-2508)

[2] title: OKB Drops 7.64% Amid Token Burn, Network Upgrade (url: https://www.ainvest.com/news/okb-drops-7-64-token-burn-network-upgrade-2508)

[3] title: OKB's $7.6B Token Burn Ignites Massive Surge, But Can It ... (url: https://www.xt.com/en/blog/post/okbs-7-6b-token-burn-ignites-massive-surge-but-can-it-last)

[4] title: OKB Token Burn: OKX's Strategic Move Ignites Price Surge (url: https://coinstats.app/news/4705728cb22e21c9835f9cd45c1ae72c46889e853020bd1e830b8a4a0ff324f8_OKB-Token-Burn-OKXs-Strategic-Move-Ignites-Price-Surge)

[5] title: Why OKB/USDT price soared 2x today? Is it because of their ... (url: https://x.com/i/grok/share/FGBLAcmwPscn7eH7Pd2V1uNJR)

[6] title: OKB Explodes 218% After Token Burn, Best Wallet Presale ... (url: https://cryptodnes.bg/en/okb-explodes-218-after-token-burn-best-wallet-presale-nears-15m/)

[7] title: X Layer redraws the blockchain (url: https://en.cryptonomist.ch/2025/08/13/x-layer-redraws-the-blockchain-maxi-burn-okb-zkevm-upgrade-and-end-of-oktchain-heres-what-changes-now)