OKX was one of the first cryptocurrency exchanges available in China, launching in 2013 as OKCoin by Star Xu. It grew to represent a sizeable chunk of total crypto transaction volume in the country, but started to pivot to the West as Chinese regulators cracked down on crypto trading in the country.
By 2017, OKX was an advanced trading platform for institutional investors and one of the first to hone in on the derivatives market. It was one of the first to offer futures and perpetual swaps on crypto coins, allowing traders to speculate on the price of coins without having to hold the coins on their own systems.
Over time, OKX has broadened its offering to include spot trading, staking, on-chain yield tools, and full Web3 wallet support. However, it is still very much tied to its early leadership in the derivatives market, which accounts for a significant majority of its transaction volume.
Despite its Chinese origin, OKX has positioned itself as an international cryptocurrency exchange, with headquarters in the US and subsidiaries in Europe, Asia and the Caribbean.
We have collected data and statistics on OKX. Read on below to find out more. Want to dive deeper into the crypto app industry? Check out our Crypto App report.
OKX Key Statistics
- OKX made $1.9 billion in 2024, making it one of the largest crypto exchanges by revenue in the world
- There was $6 trillion transacted on OKX in 2024, an 114% increase on the previous year
- About 2.5 million people actively use OKX to trade, buy and sell crypto, futures and swaps
- OKX was downloaded 17.5 million times in 2024, an 182% increase on 2023
- The United States had the most downloads of OKX, followed by Pakistan and Nigeria
Crypto App Report 2025
Want to learn more about the crypto app industry? Our Crypto App report has stats on app financials, market share, users, installs, demographics and benchmarking data.
- Charts: 41
- Data Points: 685
- Apps covered: 11
OKX Overview
| Title 1 | Title 2 |
|---|---|
| Launch date | 1 June 2013 |
| HQ | San Francisco, California |
| People | Star Xu (founder, CEO) |
| Business type | Private |
| Industry | Crypto |
OKX Revenue
OKX generated $1.9 billion in 2024, an increase of 136% on the previous year.
OKX revenue 2020 to 2024 ($mm)
| Year | Revenue ($mm) |
|---|---|
| 2020 | 935 |
| 2021 | 1677 |
| 2022 | 1100 |
| 2023 | 825 |
| 2024 | 1950 |
Sources: Crypto App Report, Company data
OKX Transaction Volume
OKX was one of the largest cryptocurrency exchanges for transaction volume, due to the large amount of derivative trading.
OKX transaction volume 2020 to 2024 ($tr)
| Year | Transaction volume ($bn) |
|---|---|
| 2020 | |
| 2021 | |
| 2022 | |
| 2023 | |
| 2024 |
Sources: CoinGecko, Company data
OKX Users
OKX had 2.5 million active users in 2024 and reportedly has had over 60 million users register since launch.
OKX users 2020 to 2024 (mm)
| Year | Users (mm) |
|---|---|
| 2020 | 0.8 |
| 2021 | 1.1 |
| 2022 | 1 |
| 2023 | 1.5 |
| 2024 | 2.5 |
Sources: Crypto App Report, Company data
OKX Downloads
OKX was downloaded 17.5 million times in 2024, making it one of the most popular crypto exchange apps.
OKX app downloads 2020 to 2024 (mm)
| Year | Downloads (mm) |
|---|---|
| 2021 | 2.4 |
| 2022 | 4.3 |
| 2023 | 6.2 |
| 2024 | 17.5 |
Sources: Appfigures, AppMagic
OKX Downloads by Country
The United States contributed the most to downloads, however, compared to Coinbase, Crypto.com and Kraken, OKX has a much more international download spread.
OKX app downloads by country 2024 (%)
| Country | Downloads (%) |
|---|---|
| United States | 18% |
| Pakistan | 8% |
| Nigeria | 7% |
| Vietnam | 6% |
| Turkey | 5% |
| Russia | 5% |
| Iraq | 5% |
Source: AppMagic
Finance App Market Landscape
The finance app market can be classified into several distinct subcategories, all of which contribute hundreds of billions of dollars in transaction volume every year. OKX is one of the key cryptocurrency exchanges in the United States. You can download the map as a PDF, which includes a landscape version for presentations.
Crypto Exchange App Revenue
Crypto exchange app revenue reached $56 billion in 2024, an improvement on the previous year.
Cryptocurrency exchange revenue 2018 to 2024 ($bn)
Want to learn more? Check out our Crypto App Report
OKX FAQ
Where is OKX incorporated?
OKX is provided under an entity incorporated in the Seychelles.
