OKT Chain OKT

1. Summary

Ranks

Liquidity

91

Developer

-

Social

98

Momentum (beta)

59

Stack Rank™

-

Price

$6.66 +1.2%

Market Cap

$118.89M (#320)

Supply

17.85M / 17.85M

Tags

Cosmos Ecosystem OEC Ecosystem

More Metrics

Price
52W High price	$33.23
52W High date	11th Dec 2023 (8 months ago)
All Time High (ATH) Date	10th May 2021 (3 years ago)
ATH Price	$250.53
% From ATH	-94.5%
All Time Low (ATL) Date	18th Oct 2023 (10 months ago)
ATL Price	$10.27
% From ATL	34.19%

Supply & Trading Volume
Trading Volume (24h)	$285,583.00
Total Supply	17.85M
Max Supply	21.00M
Circulating Supply	17.85M

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Description

OKT Chain is an open-source, public blockchain technology developed by OKEx for building blockchain-based trading applications. It is designed to establish a safe and efficient decentralized-finance architecture that can be used to create a decentralized exchange (DEX) with community-based operations, transparent trading rules, and user control ove...

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OKT Chain is an open-source, public blockchain technology developed by OKEx for building blockchain-based trading applications. It is designed to establish a safe and efficient decentralized-finance architecture that can be used to create a decentralized exchange (DEX) with community-based operations, transparent trading rules, and user control over their assets.

Key Features

• EVM Compatibility: Fully compatible with the Ethereum Virtual Machine (EVM), allowing seamless deployment and execution of smart contracts.
• High Scalability: Built on Cosmos, ensuring high performance, scalability, and low gas fees for developers.
• Developer-Friendly: Completely open-source, reducing the learning curve for developers to build and scale projects.
• True Interoperability: Supports Inter-Blockchain Communication (IBC) protocol for value transfer between blockchains.
• Proof-of-Stake: OKT holders can delegate their tokens to validators to earn more OKT and participate in on-chain governance proposals.
• Tooling Support: Offers exchaincli, a command-line interface that supports 100% of OKT Chain features, including accounts, transfers, delegation, and governance.

Use Cases

• Decentralized Exchange: Designed to create a community-driven DEX with transparent trading rules and user asset control.
• Blockchain Middleware: Reduces development costs for application developers by providing a seamless environment for building and scaling projects.
• DeFi Applications: Supports the creation of DeFi applications, such as NFT marketplaces, and enables interaction with other EVM-compatible blockchains.
• Cross-Chain Bridge: Allows easy asset transfer between OKT Chain and other blockchains like Ethereum, Algorand, and Tron.

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