cryptopotato.com
Seychelles-based crypto exchange OKX has added LBR, the native token of Lybra Finance’s decentralized system, to its spot market.
- At the same time, the exchange has also included the Hedera token ($HBAR) in its perpetual market.
- Users of the platform can deposit LBR against Tether ($USDT) using the new LBR/$USDT spot pair on Aug. 16, but according to OKX, withdrawals will commence on Aug. 17.
- The token is currently priced at $1.96, representing an 11.7% drop from the previous 24 hours. However, per data sourced from CoinGecko, LBR has gained more than 55% in the last two weeks and 58% in the past seven days alone.
- Concerning Hedera, OKX will now allow users to long or short a $USDT-margined $HBAR perpetual swap. The exchange also indicated it would soon make provisions for $HBAR-based margin trading and savings.
- $HBAR’s inclusion in OKX’s perpetual market comes after the token’s price rose by more than 20% over the past two weeks and 19.1% over the last month.
- It achieved its highest one-month level on Aug. 15, trading at $0.073749. However, at the time of writing, the token had shed some of those gains and was changing hands at $0.062036.