OKX is firmly established among the world’s leading crypto exchanges, not just in scale, but in innovation and regulatory reach. As digital assets become more mainstream, OKX’s metrics reflect shifting user behavior, new chains, and evolving compliance demands. In markets like Southeast Asia and Europe, OKX’s licensed operations are already affecting how institutional and retail users access crypto. Likewise, its U.S. relaunch hints at competitive pressure in North America. Read on for a data-driven look at OKX’s growth, usage, and positioning.
Editor’s Choice
- OKX serves over 50 million users globally as of mid‑2025.
- It ranks second among exchanges by daily trading volume.
- OKX offers more than 350 cryptocurrencies across hundreds of trading pairs.
- Daily 24‑hour volume hits over $1.4 billion on Coingecko.
- Trading fees begin at 0.10% for makers/takers and scale down based on volume.
- OKX Wallet reports over 5 million monthly active users as of Q2 2025, reflecting a 20% YoY increase per platform statistics.
- Swap / cross‑chain bridge activity in the wallet rose 57% year over year (Q3 2024, Q2 2025).
Recent Developments
- In early 2025, OKX re‑launched its platform in the U.S. with deeper liquidity and lower fees.
- OKX rolled out Singapore SGD-denominated deposits/withdrawals in late 2024 via a partnership with DBS and local rails.
- The exchange introduced over 200 new features and 800 upgrades in 2024.
- OKX obtained MiCA‑related regulatory alignment and licenses in Europe and Singapore.
- OKX Pay launched in Singapore, enabling stablecoin payments at GrabPay merchants.
- A 2025 U.S. court ruling forced OKX (via Aux Cayes Fintech) to pay ~$504 million in fines for AML violations.
- OKX’s “reserve ratio” reached 128.58%, signaling over‑collateralization among its holdings.
- Contracts trading volume increased by 31% year to date in early 2025.
OKX Exchange Key Statistics
- $128.25 is the current OKB token price with a +10.99% 24h gain.
- $2.67 billion market cap highlights OKX’s significant valuation.
- $255.59 million trading volume was recorded in the last 24 hours.
- 94.00 AAA CertiK Skynet Score signals strong overall security and reliability.
- 95.00 score in Code Security, Market, and Governance reflects top-tier resilience.
- 82.85 score in Operational shows an area for improvement.
- 95.00 score in Community underscores strong user engagement.
- 87.68 score in Fundamental analysis indicates solid project foundations.
Overview of OKX Exchange
- Originally founded in 2013 as Okcoin and rebranded to OKX in 2017.
- As of mid‑2025, it claims over 5,000 employees globally.
- Operations span 160+ countries and over 50 million users.
- Ranked second by daily trading volume globally.
- Lists 300–350+ digital assets and 676+ trading pairs.
- OKX maintains reserves of $27.4 billion per Coingecko data.
- The most active pair: ETH/USDT, with >$1.26 billion in 24h volume.
- The site, okx.com, ranks among the top sites in finance globally (e.g., #1808 overall in May 2025).
OKX User Growth and Demographics
- OKX claims over 20 million registered users as of 2025.
- The wallet alone has 5 million+ active users, up from prior periods.
- Q2 2025 saw a 20% increase in monthly active wallet users vs Q2 2024.
- Among wallet users, “power users” perform 25+ swaps weekly.
- Cross‑chain feature usage rose 57% year over year in the wallet context.
- Swap activity jumped 41% yoy in the wallet.
- Site traffic data: okx.com ranks #38 in “Finance – Other” in May 2025.
- No comprehensive public age or gender breakdowns are yet available.
CEX Market Volume Share Statistics
- Binance leads with a massive 41.68% share of the global CEX market volume.
- OKX secures the second spot with 16.19%, showing strong competition with Binance.
- Bybit holds 12.50%, reinforcing its position among the top three.
- Bitget captures 10.28%, making it a significant mid-tier exchange.
- MEXC Global accounts for 4.10%, showing moderate user adoption.
- Gate.io maintains 2.44% of the market.
- Crypto.com represents 2.40%, keeping a smaller yet steady share.
Supported Cryptocurrencies and Trading Pairs
- OKX currently supports 301+ coins and 758 trading pairs per Coingecko.
- Other sources report 343 cryptocurrencies, 46 fiats, and 947 markets.
- Some listings count over 350 cryptos on the platform.
- OKX provides a mix: spot, derivatives, margin, staking, and DeFi access.
- Fee tiers depend on 30‑day trading volume and OKB holdings.
- As volume increases, maker/taker fees reduce from 0.10%.
- OKX’s cross‑chain and multi‑chain support extends assets beyond common chains (e.g,. Ethereum, Solana).
- Newer listings, such as PROMPT/USD or WLFI/USD, showcase continued expansion.
Daily Trading Volumes
- OKX’s 24‑hour spot trading volume is ~ $5.64 billion.
- CoinGecko reports OKX’s 24h volume at $5.709 billion, with $27.38 billion in exchange reserves.
- Across derivatives (futures/perpetuals), OKX’s 24h volume exceeds $34.51 billion.
- Contract trading (derivatives) volume rose 31% in Q1 2025 vs the same period in 2024.
- The most active spot trading pair is ETH/USDT, with > $1.26 billion in 24h volume.
- OKX’s volume share puts it among the top 6 exchanges globally by daily trading volume.
- The derivatives segment includes 398 trading pairs on OKX futures.
- Open interest in derivatives markets reached ~ $10.7 billion in certain periods.
- Some sources note that OKX’s total assets (on exchange) exceeded $20 billion in mid‑2025.
Fees and Trading Costs
- OKX’s base spot maker and taker fees start at 0.10% (for traders with low volume / OKB holdings) in many jurisdictions.
- In Europe, taker fees may reach 0.35%, with maker at 0.20%.
- Fee discounts apply via 30‑day volume tiers and OKB token holdings.
- Withdrawal fees are fixed per token (e.g., 0.0005 BTC fee for BTC withdrawals) in some regions.
- Derivatives markets feature lower fees, sometimes 0.02% maker / 0.05% taker tiers.
- OKX’s fee structure is competitive relative to industry averages (maker 0.1854%, taker 0.2294%).
- Some jurisdictions have higher fees due to local regulation or tax adjustments.
- OKX includes fee rebates or maker incentives for high‑volume traders.
- Trading costs also include slippage, funding rates, and the crossing bid‑ask spread (not just nominal fees).
Market Share and Global Ranking
- A listing ranks OKX 6th globally by median daily volume (~$2.57 billion) in 2025.
- OKX is frequently cited as the second‑largest exchange in terms of spot volume, behind Binance.
- In 2025, OKX’s growth in derivatives volumes has helped it climb in ranking in total volume measures.
- Among top exchanges, OKX offers a broader number of trading pairs (300+ coins) compared to many peers.
- OKX’s exchange reserves of ~$27 billion give it weight in institutional comparisons.
- Some ranking reports place OKX in the top 5 when combining spot + derivatives volumes.
- OKX holds a notable share in Asia, Europe, and the Middle East, often seen as a bridge for emerging markets.
- The exchange’s regulatory footprint (licenses in the EU, Singapore) supports global positioning.
- Despite regulatory pressure, OKX sustains resilience in global rankings.
Supported Blockchains and Cross‑Chain Features
- OKX supports a multi‑chain environment (Ethereum, BNB Chain, Solana, Polygon, etc.).
- The OKX Wallet offers cross‑chain bridging to let users move assets across blockchains.
- Swap and bridge usage in OKX Wallet has increased by ~57% year over year.
- OKX Wallet reports 100%+ reserve ratios across 22 top assets, supporting confidence in cross‑chain liquidity.
- OKX publishes zk‑STARK proofs, enabling users to verify wallet address balances and chain holdings.
- Its Proof of Reserves detail shows 105% BTC, 103% ETH, 105% USDT, and 100% USDC reserves.
- An independent audit validated OKX’s 1:1 backing, with zero discrepancies.
- OKX’s zk‑STARK report system publishes monthly snapshots dating multiple months.
- The cross‑chain capability supports not only token transfers but also DApps and DeFi via wrapped / bridged assets.
Proof of Reserves and Asset Transparency
- As of its 34th monthly Proof of Reserves (PoR), OKX reported $33.7 billion in primary assets and over 100 % reserve ratios for 22 major cryptocurrencies.
- In that report, BTC reserve ratio is 106 %, ETH is 104 %, USDT is 105 %, and USDC is 100 %.
- Earlier, the 29th PoR showed $24.6 billion in assets with reserve ratios, BTC at 105 %, ETH at 103 %, USDT at 101 %, and USDC at 101 %.
- The 28th PoR showed $28.1 billion, with BTC (104 %), ETH (102 %), USDT (102 %), and USDC (100 %) backing.
- OKX’s PoR system is built on zk‑STARK proofs, Merkle trees, and public wallet address reveals to allow verification without revealing user balances.
- The exchange publishes detailed “reserves” and “liabilities” files for users to audit independently.
- Blockchain security firm Hacken conducted independent audits verifying that OKX’s reserves exceed liabilities and found zero discrepancies.
- OKX claims to maintain “full reserves” globally, stressing that all customer and corporate digital assets are accounted for in its proofs.
- Its GitHub hosts tools for third parties to verify claims in the PoR protocol.
Regional Distribution of Users
- Detailed public breakdowns by country, age, or gender are limited.
- OKX claims operations in 160+ countries globally.
- OKX has obtained regulatory licenses in Europe, Singapore, UAE, boosting regional penetration.
- In Singapore, OKX launched SGD deposits/withdrawals via local banking rails.
- The U.S. reentry and relaunch suggest plans to capture the North American market share.
- OKX’s presence in Europe leverages MiCA alignment, giving cross‑EU reach.
- Emerging markets (Southeast Asia, Latin America) remain core growth areas.
- Some sources mention over 60 million users globally, with a focus in Asia and Europe.
- Regional distribution is inferred from traffic metrics and major site rankings in finance globally.
Wallet Adoption and Usage Statistics
- OKX Wallet has 5+ million active users as of 2025.
- Monthly active wallet user growth increased by ~ 20% year over year.
- OKX Wallet reports reserve coverage exceeding 100% on key assets consistently.
- Users perform bridge/swap operations regularly, cross‑chain usage up ~57%.
- Wallet adoption helps drive DApp and DeFi activity beyond pure trading.
- Heavy wallet users (swappers, liquidity providers) constitute a growing share.
- The wallets’ internal analytics support usage tiers and segmentation.
- Public data shows OKX Wallet backing proofs for dozens of assets monthly.
- The wallet ecosystem also enables staking, transfers, and noncustodial operations.
Most Popular Assets and Trading Pairs
- The most active spot trading pair on OKX is ETH/USDT, which in one recent 24h period accounted for ~ $1.26 billion in volume.
- CoinGecko lists OKX supporting 308 coins and 770 trading pairs in mid‑2025.
- OKX’s fee structure and incentives encourage users to maintain OKB holdings, which can reduce maker/taker fees for active pairs.
- The exchange lists a wide diversity of coins, from major ones (BTC, ETH) to smaller altcoins and new listings (e.g., PROMPT, WLFI).
- In the NFT domain, OKX’s NFT Marketplace has at times surpassed OpenSea and Blur, for instance, recording ~ $50 million in one day.
- Over a recent 7‑day span, OKX’s NFT trading volume dropped to $105.7 million, a decline of 16.76 % week over week, despite growth in buyer count and transaction count.
- The NFT overview dashboard on OKX reports over 14.59 million collections, with a 7‑day volume of $24.58 million and a market cap of ~$48.71 billion (global).
- On its “Crypto Volume” ranking pages, OKX shows leading pairs such as BTC/USD, ETH/USD, SOL/USD, etc., with tens of millions in turnover.
- OKX’s marketplace supports trading NFTs across multiple chains (EVM, Solana, others).
DeFi, NFT, and DApp Integration
- OKX’s wallet and platform integrate DeFi protocols, enabling liquidity provision, staking, and yield farming directly via the interface.
- In NFT, OKX’s marketplace supports cross-chain trading, allowing users to transact across multiple blockchains.
- OKX ranks NFTs by collection performance using internal analytics.
- Its NFT marketplace data is surfaced on dashboards that highlight volume, number of traders, and trending collections.
- OKX describes gasless USDC transfers in its wallet, leveraging cross‑chain and internal mechanisms.
- The platform’s listing of new tokens (PROMPT, WLFI) includes support for DeFi or programmable features.
- OKX embeds its Web3 access layers so that dApps can interact via wallet UI.
- As NFT, DeFi, and DApp demand rise, OKX’s infrastructure stands to benefit from “all-in-one” integration.
Security Measures and Notable Security Events
- OKX deploys multi‑factor authentication (MFA / 2FA), anti‑phishing tools, and device management controls as baseline security features.
- It maintains a multi‑billion‑dollar insurance fund intended to cover losses in extreme events (though availability is market‑specific).
- The PoR audit by Hacken validated that user funds are backed and no discrepancies exist, reinforcing structural security.
- OKX has not reported any major exchange‑level hacks in 2025 (publicly).
- The exchange publishes regular security and compliance reports (e.g., OKX Protect, threat alerts).
- By June 2025, OKX’s legal and compliance team had expanded to nearly 600 professionals globally, per internal disclosures tied to its U.S. relaunch and regulatory filings.
- OKX faced a high‑profile fine in 2025. It pleaded guilty to operating an unlicensed money transmitting business in the U.S. and agreed to pay ~$504 million in penalties.
- That case significantly shaped how OKX approaches AML / KYC, transparency, and U.S. compliance processes.
Regulatory Compliance and Legal Status
- OKX relaunched its U.S. operations in April 2025, following its legal settlement and enhanced compliance measures.
- It holds regulatory licenses (or in‑principle approvals) in Singapore, the EU (MiCA alignment), the UAE, the U.S., and other jurisdictions.
- OKX claims to maintain anti‑money laundering (AML), anti‑terror financing, sanctions compliance, and trade monitoring programs.
- The $504 million U.S. fine came after accusing OKX of helping U.S. customers evade controls.
- In Europe, OKX holds or is applying for compliance under the MiCA regime, giving it blanket access to EU markets.
- OKX maintains a global legal & compliance team of hundreds to respond to cross‑jurisdictional demands.
- Critics have flagged that OKX’s DeFi/Web3 offerings may conflict with MiCA’s definitions (i.e., whether DEX aggregation qualifies as a regulated activity).
- Regulatory scrutiny following other exchange hacks has put additional pressure on OKX to show stronger compliance.
- OKX publishes its risk & compliance disclosures openly on its help pages to demonstrate its policies.
Exchange Innovations and Platform Features
- OKX launched OKX Pay in Singapore, letting merchants accept stablecoins (USDC/USDT), converting them into local currency (SGD).
- The platform supports gasless USDC transfers in-wallet, powered by cross-chain mechanisms (per its PoR and wallet writeups).
- OKX has announced or seeded an X Layer Ecosystem Fund (~$100 million) for builders and on-chain projects.
- It introduced over 200 new features / 800 upgrades in one year (2024) as part of continuous product development.
- OKX provides zk‑STARK PoR technology, public verification, and Merkle proofs for transparency.
- The platform supports “Blinks” (transaction triggers via social links) in its wallet to simplify interaction.
- Multi‑chain dashboard analytics lets users monitor cross-chain assets and activity from a single view.
- OKX integrates DEX aggregation, bridging, swaps, and programmatic access for dApps, all wrapped into the wallet/interface.
- Its UI/UX enhancements allow users to track PoR, reserve ratios, and real-time activity from a combined dashboard.
Frequently Asked Questions (FAQs)
~$4.85 billion in 24h spot trading.
Over 50 million users in 160+ countries.
14.34% of market share, ranking second among exchanges.
A 1:1 reserve ratio with assets confirmed to exceed liabilities.
31% year‑on‑year growth in derivatives trading volume.
Conclusion
OKX today is not simply competing on volume; it is positioning itself as a cross‑chain infrastructure provider built on transparency, regulatory compliance, and feature breadth. It’s consistently published Proof of Reserves with >100 % ratios, multi-asset support, NFT and DeFi integration, and security investments set it apart in the crowded exchange landscape.
