The Nature of OKB: A Utility Token, Not Mined

First, it's important to clarify that OKB cannot be generated through "mining" like Bitcoin's or Ethereum's Proof of Work (PoW) or Proof of Stake (PoS). OKB is the native utility token of the centralized exchange OKX (formerly OKEx) ecosystem, with all tokens created at its initial issuance. In August 2025, OKX performed a one-time burn operation, permanently fixing the total supply of OKB at 21 million, removing subsequent minting and burning functionalities.

Therefore, to the question "how to mine OKB," the answer is: it cannot be mined. The primary way for users to acquire OKB is by purchasing it on an exchange. Once OKB is held, the main method of earning returns is through staking to participate in various activities within the OKX ecosystem.

Core Functions and Value of OKB

As the backbone of the OKX ecosystem, OKB offers holders a range of practical benefits:

  • Trading Fee Discounts: Using OKB to pay trading fees provides tiered discounts.
  • Participation in OKX Jumpstart: Staking OKB to receive token airdrop rewards from newly listed projects is currently the main way for users to earn returns through OKB.
  • VIP Level Privileges: Holding a certain amount of OKB helps elevate a user's VIP level on OKX, granting access to more services.
  • X Layer Network Gas Fees: Starting from August 2025, OKB has been designated as the native gas token for X Layer, OKX's Ethereum Layer 2 network, used to pay transaction fees on that chain.

New User Guide: How to Earn Returns by Staking OKB via OKX Jumpstart

How to Earn Returns from OKB by Staking? New User Operation Guide

The following is a general staking operation process, using participation in OKX Jumpstart as an example. Please note that specific staking projects and reward tokens are updated regularly; please refer to the real-time information on the OKX platform.

  1. Preparation: Ensure you have an OKX account with identity verification completed and a certain amount of OKB deposited into your "Funding Account."
  2. Log In: Visit the official OKX website or open its mobile application.
  3. Find Jumpstart Entry: In the navigation bar of the App or web interface, you can usually find the "Jumpstart" service under the "Finance" or "Earn" section.
  4. Select Staking Project: After entering the Jumpstart page, browse the ongoing staking activities. Select the project you are interested in and click the "Stake" button.
  5. Enter Staking Amount: In the pop-up interface, enter the amount of OKB you wish to stake, carefully read the relevant rules (such as lock-up period, yield), and then confirm the operation.
  6. Earn and Claim Rewards: After successful staking, the system typically calculates and distributes new project tokens as rewards hourly. You can click "Harvest" at any time to withdraw the earned reward tokens to your Funding Account.
  7. Unstake: At the end of the staking period or according to project rules, you can click "Unstake" at any time to retrieve your OKB principal, and the funds will automatically return to your Funding Account.

Reward calculation usually follows this formula: User's hourly reward = (Individual staked OKB amount / Total OKB staked in this project) × Total new tokens released per hour.

Trading and Important Notes

OKB can be traded on several mainstream exchanges, including OKX. As a platform ecosystem token, its value is closely linked to the development of the OKX platform, user growth, and the implementation of ecosystem applications. When participating in staking activities like Jumpstart, please be sure to carefully read the specific rules, risk warnings, and value assessment of reward tokens for each project, and participate rationally.

The platform information mentioned in the article changes with the listing and delisting dynamics of various exchanges; please refer to official exchange announcements.