OKX Unveils Massive Runes Airdrop and Inaugurates Trading Leaderboard

OKX, a pioneering Web3 technology company, has recently updated its offerings. On May 15, 2024, OKX launched a Runes Airdrop Event in collaboration with notable Runes projects, offering a prize pool of 500 million Runes tokens. Additionally, OKX introduced a Runes Trading Leaderboard, highlighting the most popular Runes projects based on daily trading activity. Furthermore, OKX became the first platform to provide zero-fee Runes trading on mobile, capitalizing on Bitcoin's halving event.

OKX Unveils Runes Airdrop and Trading Leaderboard

Singapore, May 15, 2024 (GLOBE NEWSWIRE) - OKX, a pioneering Web3 technology company, has announced a series of updates for May 15, 2024.

500 Million Runes Token Airdrop

To foster collaboration within the burgeoning Runes community, OKX has partnered with RSIC, Pups, Game of Blocks, Rune Mania Miner, and OpenStamp to launch an airdrop event boasting a substantial 500 million Runes token prize pool.

Eligible participants include OKX Wallet users who hold ≥ 0.0005 BTC during the campaign period (May 15-29, 2024) and engage in at least one trade on OKX's Runes Market within the preceding 30 days. Additionally, users must follow OKX Web3 and its partners on X to qualify.

The airdrop prize pool comprises a diverse assortment of Runes tokens, including RSIC·GENESIS·RUNE, GOB•IS•GOB•IS•GOB, MANIA•MANIA•MANIA, and BULLX, as well as 10,000 USDT in BTC courtesy of Pups. Participants are encouraged to visit the event page for further information and registration.

Runes Trading Leaderboard

In tandem with the airdrop, OKX has introduced a Runes Trading Leaderboard. This leaderboard will monitor daily transaction addresses and order addresses for each represented Runes project, serving as an indicator of project popularity. The top three projects by votes will be prominently featured on the OKX Runes Market homepage, with the leaderboard undergoing daily updates.

Unique Advantages of Runes

Amidst the proliferation of digital tokens, Runes stands out with its distinctive UTXO-based structure, which has been seamlessly integrated into the Bitcoin network. This inscription standard simplifies token creation and management, offering a streamlined alternative to traditional models. By leveraging the UTXO structure, Runes effectively minimizes blockchain bloat and enhances scalability.

In the wake of the recent Bitcoin halving, OKX has emerged as the first platform to provide zero-fee Runes trading on mobile devices, offering users a cost-effective and accessible entry point into the Runes ecosystem.

About OKX

OKX is a leading global technology company that is shaping the future of Web3. With a comprehensive suite of products and services, OKX caters to diverse user needs, ranging from novice traders to seasoned investors.

For further information, visit the OKX Support Center or contact Media@okx.com.