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Open Exchange Token

Open Exchange Token

OX
$0.002989Up 0.00 percent($0.00)

Key Stats

Market Cap$16.79MUp 0.00 percent
Fully Diluted Value$16.79M
Total Supply5.62B OX
Max Supply∞
Launch Date2023-05-29
Built OnETH
Token StandardERC20
Smart Contract Address0x78a0…7a6f
Decimal Places18

Open Exchange Token Information

Websites
opnx.comWhitepaper
Industries
Governance

Open Exchange Token Price Converter

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InstrumentExchangeBenchmark DataPrice24h Change
Open Exchange TokenUSDT logo
OX-USDT
OX_USDT
poloniex logopoloniex
C
0.0₃4300USDT
0.00%

Open Exchange Token Supported Platforms

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Trading AsToken StandardBuilt OnSmart Contract AddressLaunch Date
OXERC20ETH0x78a0a62fba6fb21a83fe8a3433d44c73a4017a6f2023-05-29
OXERC20POL0x78a0a62fba6fb21a83fe8a3433d44c73a4017a6f2023-05-30
OXERC20ARB0x78a0a62fba6fb21a83fe8a3433d44c73a4017a6f2023-06-17
OXBEP20BNB0x78a0a62fba6fb21a83fe8a3433d44c73a4017a6f2023-06-17

About Open Exchange Token

Open Exchange Token (OX) is a cryptocurrency linked to the Open Exchange (OPNX) project, the first of its kind for trading crypto spot, derivatives, and claims on public orderbooks. Launched on April 3, 2023, it introduced a new token, $OX, on May 31, 2023. OX is at the core of the Open Ecosystem, which includes OPNX and The Herd (a platform for staking $OX and voting on governance). It revolutionizes the typical exchange token model by introducing a democratic staking fee discount model. Users can get up to a 100% fee discount by staking $OX tokens proportional to their trading activity.

Frequently Asked Questions

Open Exchange Token, also known as OX, is a cryptocurrency token associated with the Open Exchange (OPNX) project. OPNX is the world’s first exchange for trading crypto spot, derivatives, and claims on public orderbooks. The project was officially launched on April 3, 2023, as the world’s first crypto and claims exchange. On May 31, 2023, OPNX launched its new token $OX.

The OX token introduces a new exchange token model at the heart of the Open Ecosystem, comprising OPNX, The Herd (where users stake $OX and vote on governance), and a host of upcoming products. OX disrupts the typical CEX token incentivization model by pioneering a staking fee discount model that is democratic, dynamically adjusting, and promotes alignment between the exchange and traders. Every user can receive up to a 100% fee discount in perpetuity by staking $OX tokens proportional to their share of trading activity.