To optimize the performance of the X Layer network and enhance the stability and circulation efficiency of OKB as the native gas token, the platform will upgrade the OKB smart contract. As part of this upgrade, OKT will be phased out and exchanged for OKB, and a one-time burn of historically repurchased and reserved OKB will be carried out.
This article outlines the implementation schedule, exchange rules, and FAQs, helping you stay informed and manage your related assets.
Checklist
- How is the average closing price calculated? How much OKB will I receive?
- How much OKB will be burned?
- How are other on-chain assets on OKTChain handled?
- How do I exchange OKT from a cold wallet for OKB?
Notes
For details, please refer to the official announcement:
Announcement on the PP Upgrade of X Layer and Optimisation of the OKB Gas-Token Economic Model
Implementation schedule
August 13, 2025, 2:10 PM (UTC+8)
Details follow the official OKX help article; this page is a learning checklist, not an official mirror.
