OKX: OKB will destroy and optimize the token economic model at one time, and X Layer completes the PP upgrade

According to Foresight News, OKX announced that it will optimize the economic model of OKB Gas tokens, and OKB continues to be the only Gas and native tokens of X Layer. OKX will destroy the 65,256,712.097 OKBs reserved in one go, upgrade the OKB smart contract after completion, remove the additional issuance and manual destruction functions, and fix the total issuance to 21 million. Users who hold Ethereum L1 version OKB need to recharge their assets to OKX and complete the link replacement through "withdrawal to X Layer". At the same time, OKTChain will be offline in stages, stop trading on OKX from 14:10 on August 13, 2025, and regularly exchange OKT into equivalent OKB based on the average closing price from July 13 to August 12, 2025, and the on-chain OKT redemption is supported until January 1, 2026.



In addition, OKX decided to carry out a strategic upgrade to X Layer and build it into a public chain focusing on DeFi, payment and RWA scenarios. X Layer is built on the Polygon CDK and completed the "PP upgrade" on August 5, 2025. The network throughput has been increased to 5,000 TPS, the Gas cost has been reduced to nearly zero, and security and Ethereum main network compatibility has been fully enhanced. Upgrading and promoting ecological construction simultaneously will focus on DeFi, global payments and RWA issuance and circulation, and accelerate application implementation through ecological funds, liquidity incentives and infrastructure improvement. OKX Wallet, OKX Exchange and OKX Pay are fully connected to X Layer, providing 0 Gas quick withdrawal and an efficient on-chain payment experience.

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