OKExChain is an open-source, high-performance decentralized trading public chain developed by OKEx (now OKX). As a collaborative blockchain ecosystem, it currently hosts 22 listed tokens. Latest market data shows an overall upward trend in the OKExChain sector, with an average increase of 6.44%. Among these, 14 tokens are gaining value - led by NVT token with a remarkable 59.17% surge - while 8 tokens are experiencing declines, with FOR token dropping by 11.99%. This guide explores the key projects building on this innovative chain.
👉 Discover top-performing DeFi projects on OKX Chain
Top 10 Projects on OKExChain
Here are the most prominent projects currently operating on OKExChain:
1. SUSHI (SushiSwap)
A decentralized exchange allowing liquidity providers to stake UniswapV2 LP tokens and earn SUSHI governance tokens. Key features:
- 100 SUSHI minted per block across 13 pools
- 0.05% transaction fee sharing for token holders
- Special 200 SUSHI/block rewards for SUSHI/ETH pool during initial two weeks
2. OKT (OKExChain Native Token)
The foundational asset of OKExChain with multiple utilities:
- Used for decentralized trading and DeFi applications
- Enables voting and transaction fee payments
- Initial supply of 10 million tokens with 1-5% annual inflation
- OKB holders can stake to earn OKT
3. CHE (CherrySwap)
A cross-chain decentralized exchange featuring:
- Automated Market Maker (AMM) mechanism
- Liquidity mining programs
- IFO, NFT, and DAO functionalities
- Designed for maximal liquidity creation
4. FOR (The Force Protocol)
A distributed financial services protocol offering:
- Cross-platform asset transfers
- Shared trading depth
- Stablecoin issuance via cross-chain collateral
- Tokenized bond issuance solutions
5. WING
A credit-based DeFi lending platform with:
- Cross-chain asset support
- Over-collateralized loans
- Planned DID-based credit scoring (OScore)
- 80% LTV ratio for qualified borrowers
6. DFYN
A multi-chain AMM DEX network featuring:
- Current operations on Polygon
- Cross-router liquidity super grid
- Planned expansion across L1/L2 blockchains
- Integration with Router Protocol
7. BORING (BoringDAO)
A decentralized bridge solution offering:
- Secure cross-chain asset transfers
- Protocol-layer decentralization
- Future plans as universal blockchain bridge
- Enhanced DeFi interoperability
8. SAKE (SakeSwap)
An improved AMM fork with:
- Enhanced price curve mechanics
- Contributor reward optimizations
- Governance rights for SAKE holders
- Protocol fee payment utility
9. FIN (DeFiner)
A decentralized financial network aiming to:
- Distribute ecosystem benefits via FIN token
- Achieve true decentralization
- Create win-win scenarios for all participants
- Power the DeFiner.org vision
10. FLUX
A non-custodial lending protocol with:
- Multi-chain deployment (Conflux, BSC, Heco, etc.)
- Interest-earning deposits
- Collateralized borrowing
- Future plans for Solana and Polkadot integration
👉 Explore OKX Chain's growing ecosystem
Market Trends and Analysis
The OKExChain sector demonstrates strong growth potential with:
- 63% of tokens showing positive momentum
- Notable outperformers like NVT (+59.17%)
- Selective underperformers requiring caution
- Average 6.44% sector-wide increase
Why OKExChain Matters
This ecosystem enables:
- Seamless value exchange between chains
- Userbase interoperability
- Shared application scenarios
- Collaborative value creation systems
Frequently Asked Questions
What makes OKExChain different from other DeFi chains?
OKExChain specializes in decentralized trading with high throughput and low fees while maintaining an open ecosystem approach for developers.
How can I acquire OKT tokens?
OKT can be obtained through staking OKB tokens on OKX exchange or participating in OKExChain's DeFi protocols.
Which OKExChain project has the highest TVL?
Currently, SushiSwap maintains the highest Total Value Locked among OKExChain projects due to its established user base and liquidity incentives.
Is OKExChain compatible with Ethereum?
Yes, OKExChain supports EVM compatibility, allowing Ethereum developers to easily port their dApps to the chain.
What's the best wallet for OKExChain tokens?
Most Web3 wallets like MetaMask (with OKExChain network configuration) or OKX's native wallet provide excellent support.
How does OKExChain ensure security?
The chain employs a DPoS consensus mechanism with regular security audits and decentralized validator nodes.
Final Thoughts
OKExChain represents a vibrant ecosystem for decentralized trading and financial applications. With its growing list of quality projects and upward-trending market performance, it offers compelling opportunities for both developers and investors in the blockchain space.