SINGAPORE, May 13, 2024
/PRNewswire/ -- OKX, a leading Web3 technology company, has
issued updates for May 13, 2024.
OKX Marketplace Captures #1 Market Share with Over 50% of
Total Daily Runes Exchange Volume
On May 13, 2024, OKX's
Runes Market constituted over 50%* of the total daily Runes
exchange volume, outperforming all other Runes marketplaces.
Additionally, following its launch on the day of the
Bitcoin halving, OKX's Runes Market has now
exceeded 1,024 BTC in trading volume and recorded 114,273
transactions (as of May 13, 2024).
These milestones further positions OKX's Runes Market as the
leading hub for creating, minting, managing and trading Runes
through mobile, web and web extension.
OKX's Runes Market is the first platform to offer zero-fee Runes
trading on mobile. Since its launch, OKX has been continuously
upgrading its Runes Market. Earlier this month, it
introduced the ability to sweep Runes - as well as deploy, or
"etch" new tokens, on the Runes protocol. OKX is also planning to
add features like UTXO splitting as it continues to gather user
feedback.
In an era characterized by the proliferation of digital tokens,
Runes stands out due to its unique UTXO-based structure. This
inscription standard has been integrated into the
Bitcoin network, simplifying the creation and
management of tokens. It offers a streamlined alternative to
traditional models, reducing blockchain bloat and significantly
improving scalability.
*Source: GeniiData (May 13,
2024)
For more information, please visit the OKX Support
Center.
For further information, please contact:
Media@okx.com
About OKX
A leading global technology company driving the future of
Web3, OKX provides a comprehensive suite of products to meet
the needs of beginners and experts alike.
To learn more about OKX, download our app or
visit: okx.com
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SOURCE OKX