OKX

Trust Rank External venue ranking. It is not calculated by YearBull and is not a solvency guarantee.
#4
24h Volume (BTC)
25,375.89 BTC
Country
Seychelles
Established
2017

OKX exchange snapshot

Centralized (CEX). Country Seychelles. Established 2017. Trust Rank 4. Reported 24h volume 25375.89 BTC.

Coverage: 1135 active pairs across 302 tradable assets. Top ten pairs share 66.2%. Key pairs include BTC/USDT, ETH/USDT, USDC/USDT, SOL/USDT. Leading pair BTC/USDT. Median spread on leading markets 0.01%. Volume mix: USDT is the largest tracked quote currency at about 85.8% of measured flow. Data scope: 1145 tickers observed, with spread readings on 300 markets.

How to read these exchange metrics

Scope: Trust Rank is an external relative position from the locally stored exchange snapshot. It is not calculated by YearBull and is not a guarantee of solvency, custody quality, licensing, customer protection, or future withdrawal access. Coverage counts observed markets, while concentration shows how much measured volume is assigned to the leading pairs. Median spread summarizes the bid ask gap in the observed leading markets; actual execution also depends on order size, depth, location, and market conditions.

Methodology responsibility: YearBull’s analytical methodology and presentation rules are developed and maintained by Alan Zelvin, Founder & Lead Crypto Researcher. This note identifies responsibility for the methodology; it does not attribute authorship of this data snapshot.

Figures may change as exchange and ticker snapshots are refreshed. Read the YearBull methodology.

OKX liquidity and coverage analysis

The current local dataset contains 1,135 observed pairs, 302 represented assets, 1,145 ticker records. The ten leading pairs account for about 66.2% of measured volume, a moderately concentrated distribution. Median spread across the observed leading markets is 0.01%. The local volume series contains 30 points; its first to latest change is -59.4%, with a median observation of 25,934.02 BTC.

Coverage and reported volume show the scope of observed markets, not custody quality, solvency, regulatory availability, or guaranteed execution. Pair level depth and withdrawal conditions should be checked for the intended transaction.

Exchange Notes

OKX Overview

OKX is tracked as a centralized exchange under okex. The source profile lists Seychelles as its country or jurisdiction. A founding or launch year of 2017 is recorded. This profile describes observed coverage and is not an endorsement.

Coverage and Trading Structure

The reviewed snapshot includes 1,135 active pairs, 302 tradable assets, 1,145 ticker observations. Frequently represented assets include BTC, ETH, SOL. The ten leading pairs represented about 66.2% of measured volume; BTC/USDT was the largest observed pair at about 32.9%; median spread across leading markets was 0.01%. Counts and shares depend on available tickers and may not cover every product or jurisdiction.

How to Evaluate OKX

Evaluate executable depth, fees, deposits and withdrawals, custody, account protections, and local eligibility. Reported volume alone does not show how a larger order will execute. Spread, depth, and concentration should be assessed for the exact pair and size.

Key Risks

Custody, withdrawal access, counterparty solvency, resilience, account security, jurisdiction, and listing standards are material for centralized venues. Trust Rank is not proof of reserves or a guarantee. Terms and regulatory availability can change, so confirm current rules directly with the venue.

YearBull Perspective

At the 2026-09-12 review, the Trust Rank was #4. YearBull reads Trust Rank, coverage, concentration, currency mix, and observed spreads as descriptive indicators. None independently establishes solvency, safety, or suitability.

Primary Sources and Review Scope

YearBull methodology · Official exchange website. Identity and cached market fields were reviewed on 2026-09-12. The live snapshot above may be newer.

OKX Profile: Broad Centralized Market Access With Concentrated Trading Activity

Recorded as a Seychelles-based centralized exchange launched in 2017, OKX combines a wide observed market set with a trading book whose activity is heavily weighted toward a small group of pairs. The available snapshot helps describe market structure, but it does not establish the venue’s safety, financial condition, or regulatory standing.

OKX’s recorded identity and operating model

OKX is recorded as a centralized cryptocurrency exchange, with Seychelles listed as its country or jurisdiction and 2017 as its foundation or launch year. A centralized model generally means the venue coordinates order matching and account access through an operator rather than relying solely on an on-chain protocol. That distinction creates practical dependencies around account administration, trading infrastructure, withdrawals, and the operator’s internal processes, none of which can be assessed from the recorded identity alone.

The venue description presents OKX as a global exchange with multiple trading options, advanced security, and Web3 integration for millions of users. Those are statements attributed to the venue’s public positioning, not independent findings in this profile. The recorded facts do not establish the scope of its Web3 services, the design of its security controls, the number of active customers, or the jurisdictions in which particular services are available.

OKX’s observed market breadth

The market snapshot records 1,135 trading pairs, 302 assets, and 1,145 ticker records. That combination indicates broad quoted-market coverage in the observation, although ticker records and trading pairs are not interchangeable measures of active liquidity. A large catalogue can provide more route choices while also making it necessary to examine each market separately for depth, continuity, and the practical ability to enter or exit without substantial price impact.

BTC, ETH, and SOL are the frequently represented assets in the observed set. Their repeated presence suggests that major and widely followed assets form an important part of the venue’s visible market structure. It does not show that every listed asset has comparable activity, execution quality, or withdrawal availability. Those questions require market-level and asset-level checks.

BTC/USDT leads while activity remains concentrated

BTC/USDT is the leading observed pair, accounting for 32.9% of the measured share. The top ten pairs together account for 66.16%, so most of the recorded concentration sits in a relatively small portion of the available catalogue. This is a material qualification to the headline pair count: OKX may offer many markets, but observed attention is not distributed evenly across them.

Concentration can support deeper execution in the most active pairs, while leaving less-followed markets more dependent on current order-book conditions. The figures do not identify the full composition of the top ten, the share attributable to spot or derivatives markets, or the persistence of this pattern outside the observation window. A comparison should therefore separate catalogue breadth from where trading actually occurs.

Spread context for OKX’s most active markets

The median spread across the top 20 observed pairs is 0.0118%. This is a narrow snapshot measure of the gap between quoted buying and selling prices in those selected markets. It provides context for the most represented pairs, but it is not a venue-wide spread, an execution-cost guarantee, or a measure of slippage for larger orders.

The spread figure also does not establish how quotes behave during sharp moves, at different order sizes, or in the long tail of the market list. A prospective review would need to compare displayed depth, completed execution prices, and spread stability across the exact pairs and times relevant to the intended activity.

Thirty observations show changing BTC-denominated activity

The recorded volume history contains 30 observations. Its first-to-latest change is 125.48%, with a median value of 23,370.3677 BTC, a minimum of 6,149.222 BTC, and a maximum of 58,705.0585 BTC. These figures show substantial variation in the measured series and a higher latest reading than the first observation, but they do not by themselves explain the causes of the movement.

The history is denominated in BTC, and public materials does not specify the exact measurement interval, whether the figures cover all products, or how reported activity was validated. A volume series should therefore be read as an activity indicator rather than proof of liquidity, customer demand, or financial strength. It also cannot confirm that the observed volume is evenly distributed across the 1,135 pairs.

Questions to resolve before relying on OKX

A venue-specific review should verify which OKX products are available in the relevant jurisdiction and under which operating entity. It should also establish how customer assets and withdrawals are handled, what disclosures support the venue’s security claims, and whether independent information is available about reserves, liabilities, incidents, and recovery procedures. None of those matters is resolved by the recorded country, venue type, Trust Rank, or market data.

The practical market questions are equally specific: how much order-book depth is available beyond the top 20 pairs, how often the 0.0118% median spread widens, and how the BTC/USDT concentration changes across market conditions. The observed figures describe coverage and trading distribution; they do not amount to an endorsement of OKX’s safety, solvency, compliance, or reliability.

Key takeaways

  • OKX is recorded as a centralized exchange launched in 2017 with Seychelles listed as its jurisdiction.
  • The observed market set contains 1,135 pairs, 302 assets, and 1,145 ticker records.
  • BTC/USDT represents 32.9% of observed pair activity, while the top ten pairs represent 66.16%.
  • The median spread across the top 20 pairs is 0.0118%, a selected-market snapshot rather than a venue-wide guarantee.
  • Thirty volume observations range from 6,149.222 BTC to 58,705.0585 BTC, with a 125.48% first-to-latest change.
  • The data describes market structure and reported activity, not custody quality, solvency, security, or regulatory status.

Risks and unresolved questions

  • The venue description’s security, Web3, global reach, and user-count statements are not independently established here.
  • The recorded jurisdiction does not show which legal entity operates a particular product or where a specific user may access it.
  • Pair counts and ticker records do not reveal active order-book depth, execution quality, or withdrawal conditions for each market.
  • The top-pair concentration leaves open how usable less-traded listed markets are during normal and stressed conditions.
  • The BTC-denominated volume history lacks an explained interval, product scope, and validation method.
  • No evidence here resolves reserves, liabilities, custody arrangements, incidents, recovery procedures, or solvency.

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