OKX executed its 28th OKB Burn on June 19, 2025, destroying 42,437,632 OKB tokens. This latest burn brings the total burned OKB to 213,743,264.15 since the program's inception.
Burn Address & Verification
All OKB tokens are permanently removed from circulation via this transparent Ethereum address:
👉 View burn transaction history
Historical OKB Burn Data
| Round | OKB Burned | Date |
|--------|------------------|------------|
| 28th | 42,437,632 OKB | 2025.06.19 |
| 27th | 31,158,862 OKB | 2025.03.14 |
| 26th | 18,488,690.46 OKB| 2024.12.06 |
| ... | ... | ... |
| 1st | 506,183.39 OKB | 2019.05.10 |
(Full table truncated for brevity; contact OKX for complete records.)
Why OKB Burns Matter
Token burns like OKX’s quarterly OKB reduction enhance scarcity, potentially increasing token value. This aligns with OKX’s commitment to sustainable ecosystem growth and user trust.
OKX’s Commitment to Community
OKX prioritizes transparency and community feedback. Future burns and platform upgrades will reflect user input.
👉 Explore OKX’s latest updates
FAQs
1. How often does OKX burn OKB?
OKX conducts burns quarterly, with detailed reports published afterward.
2. Where can I verify burn transactions?
All burns are recorded on-chain via the provided Ethereum address.
3. Does burning OKB affect its market price?
While burns reduce supply, market dynamics vary. Historical data suggests a correlation between burns and long-term value.
4. Can users suggest changes to the burn mechanism?
Yes! Email [email protected] with proposals.
OKX Team | June 2025
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