OKT Chain

OKT Chain (OKT)

Full information about OKT Chain (OKT). Current OKT Chain price in FJD, OKT open/close rates, OKT Chain history charts, OKT Chain market capitalization and volume.

1 OKT = 17.49 $ Fijian Dollar (FJD)
7.6949549 FJD

Last updated: 2024-10-01 01:41:00 UTC - about 1 year ago 1 USD = 2.272797 FJD

General information
Global rank:2987
Name: OKT Chain OKT Chain
Symbol:OKT
Current coin price (FJD):17.49 $
Last hour:arrow_upward0.720 %
Last 24 hours:arrow_downward-8.81 %
Last 7 days:16.96 %trending_up
Capitalisation (FJD):0.000000 $
Volume 24h (FJD):1 558 800.10 $
Available supply:0.000000 OKT
Total coin supply:41 960 000.00 OKT
Start date:2021-01-15
Last updated: 2024-10-01 01:41:00 UTC - about 1 year ago

OKT Chain/Fijian Dollar (OKT/FJD) price chart

OKT Chain/Fijian Dollar (OKT/FJD) capitalisation and volume charts

What is OKT Chain (OKT)?

OKT Chain is an EVM- and Wasm-compatible Layer 1 blockchain built on Cosmos. It emphasizes interoperability and maximized performance. It was initially launched as OKX Chain in 2021 and rebranded to OKT Chain, focusing on supporting an independent ecosystem of dApps and protocols​​.

What is OKT Chain (OKT) used for?

OKT is the utility token of OKT Chain. It is used for gas fees and maintaining the DPoS consensus of the OKT Chain. OKT Chain's DPoS consensus algorithm requires validator nodes to stake OKT for transaction validation and block addition. Users can delegate their tokens to validators to participate and earn rewards. The token has a disinflationary issuance model, with a maximum supply of 21 million OKT.