OKX Launches OKB/USDT Perpetual Contract Amid Token Supply Reduction and Market Sentiment Shifts

Wednesday, Sep 3, 2025 6:20 am ET1min read

OKX will launch its OKB/USDT perpetual contract on September 4, 2025, aiming to boost market activity and trading volumes for OKB. The move follows a significant 52% reduction in OKB token supply, which is expected to enhance derivatives open interest and market sentiment. OKB has seen a 278% monthly gain, with a current market cap of $3.67 billion.

OKX, a leading cryptocurrency exchange, has announced the launch of its OKB/USDT perpetual contract on September 4, 2025. This move aims to enhance market activity and trading volumes for OKB, following a significant 52% reduction in its token supply. The reduction, achieved through a burn event, is expected to boost derivatives open interest and market sentiment [1].

OKB has seen a remarkable 278% monthly gain, with a current market cap of $3.67 billion. The launch of the perpetual contract is anticipated to capitalize on this momentum, providing traders with more opportunities to engage with the asset. Perpetual contracts offer the ability to leverage positions, potentially amplifying both gains and risks.

The burn event, which permanently removed 65.26 million OKB worth $7.6 billion, has significantly reduced the token's supply. This scarcity effect has already led to a 24.43% jump in OKB's price on August 17, 2025, as market players scrambled to take advantage of the reduced supply [1]. The sharp increase in trading volumes, reaching $1.4 billion within 24 hours, underscores the market's response to the supply cut.

OKX's move to introduce the OKB/USDT perpetual contract aligns with broader trends in the cryptocurrency market. Other notable developments include Avalanche's (AVAX) renewed attention from retail buyers and forecasts calling for a major breakout toward triple-digit targets. Additionally, BlockDAG is quietly establishing itself as a project with strong adoption and transparency, having raised $388 million and attracting 3 million mobile miners [1].

While OKB and Avalanche offer short-term opportunities, they also carry the risks tied to volatility. BlockDAG, on the other hand, is charting a steadier path, anchored by adoption, verifiable trust, and structural innovation. With its presale reaching $388 million and 3 million miners already engaged, BlockDAG is shaping up as a heavyweight contender in the making.

The launch of the OKB/USDT perpetual contract by OKX is a strategic move that could significantly impact the OKB market. It remains to be seen how the market will respond to this new development, but the potential for increased trading volumes and market activity is clear. As always, investors should remain vigilant and conduct thorough due diligence before making any investment decisions.

References:
[1] https://thecoinrise.com/okb-supply-cut-sparks-24-rally-avalanche-eyes-200-and-blockdag-presale-climbs-past-388m-with-3m-daily-miners/

OKX Launches OKB/USDT Perpetual Contract Amid Token Supply Reduction and Market Sentiment Shifts