Introduction
OK, also known as Wrapped Okcash, is a token operating on the Binance Smart Chain (BSC) and is available for trading against USDT on Uniswap V3. This guide provides a detailed look at the OK/USDT trading pair, its current market statistics, and essential details for potential traders and investors.
As of the latest data, the price of OK stands at approximately $0.005324. The trading pair operates with a 1% fee on transactions. Understanding the dynamics of this asset can help in making informed decisions in the decentralized finance (DeFi) space.
Current Market Overview
Price and Performance
The current exchange rate for OK/USDT is $0.005324 per token. Over the past 24 hours, the price has remained stable with no significant change. The trading volume for the same period is reported at $0.00, with no transactions recorded recently.
Key metrics include a Fully Diluted Valuation (FDV) of around $33,770.18 and a liquidity pool valued at $9,425.01. These figures provide insight into the market capitalization and liquidity available for trading.
Liquidity and Pool Details
Liquidity is a critical factor for any trading pair. The OK/USDT pool holds a total liquidity of $9,425.01. This pool consists of 1.67 million OK tokens (valued at $8,820.42) and 680.58 USDT (approximately $679.92).
The contract address for this pool is 0x4444aa182e3bfb91c2af7ed3b28c8894c12f11d1, which is verified and has been operational for two years. The most recent transaction occurred within the last 24 hours, indicating some level of ongoing activity.
Trading and Investment Insights
Where to Trade OK/USDT
This trading pair is primarily available on Uniswap V3 (BSC). Additionally, it can be accessed through other platforms such as Maestro Bot and KyberSwap. These platforms offer users various interfaces and tools for executing trades.
When trading, it is important to note the 1% fee applied to transactions. This fee is standard for many decentralized exchanges and contributes to the liquidity provider rewards.
Token Distribution and Holdings
OK has a distributed ownership with approximately 10,352 holders. The largest holder is a contract address (0xd6a07b8065f9e8386a9a5bba6a754a10a9cd1074), which possesses 1.68 million OK tokens, valued at around $8,945.98. This concentration might influence market movements.
Risk Assessment
Security Notes
The pool's contract has been verified, which is a positive indicator. However, there is an indication of a honeypot presence. Honeypots are malicious traps that can prevent sells or exploit traders. No proxy was detected in the contract, but caution is advised.
The GT Score for OK/USDT is 51.07. This score, provided by platforms like GeckoTerminal, offers a risk assessment based on various factors. A score around 50 suggests moderate risk, urging traders to conduct thorough research.
Market Volatility and Considerations
Given the low trading volume and stable price, OK/USDT may exhibit low volatility. However, the presence of a large holder and potential honeypot risks requires careful consideration. Always use reputable platforms and verify contract details before engaging.
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Frequently Asked Questions
What is OK/USDT?
OK/USDT is a trading pair on Uniswap V3 (BSC) where OK (Wrapped Okcash) is traded against Tether (USDT). It allows users to swap between these two assets on the Binance Smart Chain.
How do I buy OK tokens?
You can purchase OK tokens by connecting a compatible wallet to Uniswap V3 (BSC) or other supported platforms like KyberSwap. Ensure you have USDT or BNB for transactions and be mindful of gas fees.
What does a 1% fee mean?
The 1% fee is applied to each transaction involving OK/USDT on Uniswap V3. This fee is distributed to liquidity providers as an incentive for supplying assets to the pool.
Is OK/USDT a safe investment?
While the contract is verified, the honeypot indication and moderate GT Score suggest risks. Always do your own research, consider the low liquidity, and invest only what you can afford to lose.
Can I trade OK/USDT on other exchanges?
Currently, OK/USDT is available on Uniswap V3 (BSC), Maestro Bot, and KyberSwap. It may not be listed on major centralized exchanges, so decentralized platforms are the primary option.
What is the significance of the largest holder?
The largest holder owns a significant portion of OK tokens, which could impact price stability. Large sell orders from this holder might lead to increased volatility, so monitor holdings and market activity.
Conclusion
OK/USDT presents an opportunity for trading on Uniswap V3 within the Binance Smart Chain ecosystem. With a current price of $0.005324 and a liquidity pool of $9,425.01, it offers a niche market for interested participants. However, the indicated risks, including a potential honeypot and concentrated ownership, necessitate cautious engagement.
For those looking to dive into DeFi trading, understanding such pairs is crucial. Always prioritize security, use verified contracts, and stay informed about market conditions. 👉 View real-time tools for deeper analysis