In the latest update from leading Web3 technology company OKX, the company’s Runes Market has captured over 50% of the total daily Runes exchange volume, solidifying its position as the top marketplace for trading Runes. Since its launch on the day of the Bitcoin halving, OKX’s Runes Market has seen over 1,024 BTC in trading volume and 114,273 transactions as of May 13, 2024.
What sets OKX’s Runes Market apart is its zero-fee trading on mobile, making it a convenient and cost-effective platform for users. The company is continuously improving its Runes Market, recently introducing features like the ability to sweep Runes and deploy new tokens on the Runes protocol. OKX also plans to add UTXO splitting functionality based on user feedback, further enhancing the user experience.
In an increasingly digital token-focused environment, Runes’ UTXO-based structure offers a unique solution for creating and managing tokens. Integrated into the Bitcoin network, this structure streamlines token creation, reduces blockchain bloat, and greatly improves scalability compared to traditional models.
For those interested in learning more about OKX and its products, please visit the OKX Support Center. Stay updated on the latest news and developments from OKX by downloading the app or visiting okx.com.
About OKX:
OKX is a global technology company at the forefront of driving the future of Web3, offering a comprehensive range of products designed to cater to the needs of both beginners and experts in the field.
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