OKX has announced the launch of the OKB/USDT perpetual contract scheduled for September 4, 2025. This step is expected to change trading dynamics and liquidity on the platform.
Strategic Move by OKX to Expand Derivatives Market
The launch of the OKB/USDT perpetual contract is set for September 4, 2025, aimed at enhancing OKX's derivatives market. The involvement of company leaders, such as Star Xu and Haider Rafique, signifies the event's importance, though they have not publicly commented on the launch. The contract will be available on the OKX website, app, and API. This launch follows a significant 52% reduction in OKB token supply, intending to boost trading volumes and open interest in derivatives.
OKB Price Surge: 278% Monthly Gains Amid Strategic Supply Cuts
According to CoinMarketCap data, the current price of OKB is $174.97, with a market cap of $3.67 billion. The 24-hour trading volume stands at $207.76 million, indicating high investor activity. Over the past month, OKB's price has increased by 278.35%, reflecting positive market reception to supply adjustments.
Increased Trading Activity and Derivatives Market
The derivatives market on OKX shows remarkable results, especially with the token supply cuts considered. There are indications for increased participation from institutional investors, as OKX's compliance with SEC and MiCAR standards enhances its global attractiveness. It is expected that this will lead to greater trading interest and increased trading positions.
The launch of the OKB/USDT perpetual contract on OKX is scheduled for September 4, 2025, as part of the company's strategy to develop the derivatives market. The reduction of OKB token supply and the increase in trading interest reflect a positive trend in the market.
