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.
LBR 30-day price chart | Source: CoinGeckoConcerning 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.
HBAR 30-day prie chart | Source: CoinGeckoIt 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.

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Filed under: Bitcoin - @ August 16, 2023 11:18 am