The digital asset ecosystem continues to evolve at a rapid pace, and OKX is positioning itself at the forefront of innovation with its latest move: full support for multiple Bitcoin-based token standards. The platform has officially announced integration for Atomicals (ARC-20), Stamps (SRC-20), Runes, and Dogecoin’s Doginals (DRC-20)—marking a significant expansion in its blockchain inscription capabilities.
This strategic enhancement underscores OKX's commitment to empowering creators, collectors, and developers within the Web3 space by providing robust tools that prioritize on-chain data permanence and true decentralization.
Phased Rollout: Wallet Support First, Marketplace to Follow
OKX’s rollout strategy prioritizes accessibility and user experience. The initial phase focuses on wallet-level support, enabling users to view and transfer inscriptions across supported networks starting February 5. The first standard to go live is SRC-20 (Stamps), followed by ARC-20 (Atomicals), DRC-20 (Doginals), and the highly anticipated Runes protocol later in February.
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This phased approach ensures stability while laying the groundwork for a dedicated inscriptions marketplace, set to launch in the near future. The marketplace will provide a seamless environment for minting, buying, selling, and discovering unique digital assets directly on Bitcoin and other integrated chains.
Expanding the Inscription Ecosystem Across 23+ Networks
OKX Wallet already supports inscription minting across more than 23 blockchain networks, including major ecosystems such as:
- Bitcoin
- Dogecoin
- Ethereum
- Polygon
- BNB Chain
- Avalanche-C
- Arbitrum One
This broad multi-chain compatibility reflects OKX’s vision of an interconnected Web3 landscape where digital artifacts can thrive across platforms without sacrificing security or authenticity.
Inscriptions have surged in popularity since their debut on the Bitcoin blockchain just over a year ago. According to data from Dune, there are now over 58 million inscriptions on Bitcoin alone, with users spending approximately $166.8 million in BRC-20 transaction fees—a testament to both community engagement and economic activity within this emerging sector.
Why Inscriptions Matter: Beyond Traditional NFTs
While often compared to Non-Fungible Tokens (NFTs), inscriptions represent a fundamental shift in digital ownership. Unlike traditional NFTs, which typically store metadata off-chain via URLs pointing to centralized servers, inscriptions embed content—whether images, text, or code—directly onto the blockchain.
Jason Lau, Chief Innovation Officer at OKX, emphasized this distinction:
“It’s not a Web2 link; it’s a pure Web3 product.”
This architectural difference has real-world implications. When FTX collapsed in late 2022, many users discovered that their NFTs had become inaccessible—the metadata relied on Web2 infrastructure hosted by FTX, which was shut down during bankruptcy proceedings. As a result, once-valuable digital collectibles turned into blank placeholders.
In contrast, inscriptions are immutable and censorship-resistant. Once recorded, they exist permanently as part of the blockchain’s ledger—as long as Bitcoin endures, so do these digital artifacts.
A New Creative Canvas for Web3
Lau describes inscriptions as a “new canvas” for creators in the decentralized world.
“I like to use the word canvas because users and creators and different developers get to pick what characteristics and features that they want and choose the change that makes sense.”
This flexibility allows high-value, rare digital collections to leverage Bitcoin’s premium block space for maximum security and prestige. Meanwhile, high-throughput chains like Solana remain ideal for mass-market projects requiring speed and low cost—demonstrating that different blockchains serve different creative needs.
From pixel art to embedded games like Doom on Dogecoin, inscriptions are unlocking novel use cases that blend culture, technology, and ownership in unprecedented ways.
Addressing Concerns: Are Inscriptions Good for Bitcoin?
Despite their growth, inscriptions have sparked debate within the Bitcoin community. Critics argue they contribute to network congestion and represent “blockchain pollution.” However, Lau dismisses such views as marginal and ideologically driven.
“I think it really is a bitcoin maxi-driven sort of narrative. Our perspective is that more usage of bitcoin—and more usage of bitcoin blockspace—is good for the network.”
Increased on-chain activity strengthens economic incentives for miners, enhances network security through higher fee revenue, and reinforces Bitcoin’s role as a foundational layer for digital innovation—not just a store of value.
FAQ: Understanding Inscriptions on OKX
Q: What are inscriptions?
A: Inscriptions are digital assets etched directly onto a blockchain (like Bitcoin) using protocols such as Ordinals. They can include images, text, audio, or code—stored immutably on-chain.
Q: How do inscriptions differ from NFTs?
A: Most NFTs rely on off-chain storage (e.g., IPFS or centralized servers) for metadata. Inscriptions store everything directly on-chain, eliminating dependency on external links.
Q: Which networks does OKX support for inscriptions?
A: OKX supports over 23 networks including Bitcoin, Dogecoin, Ethereum, Polygon, BNB Chain, Avalanche-C, and Arbitrum One.
Q: When will the OKX inscriptions marketplace launch?
A: While no exact date has been confirmed, OKX plans to release a dedicated marketplace shortly after wallet integration goes live.
Q: Are DRC-20 tokens related to Dogecoin?
A: Yes. DRC-20 is the inscription standard for Dogecoin, similar to how BRC-20 operates on Bitcoin. It enables the creation of fungible tokens directly on the Dogecoin blockchain.
Q: Why is on-chain storage important?
A: On-chain storage ensures permanence and decentralization. If a server goes down or a company shuts down (like FTX), off-chain NFTs lose their associated media—on-chain inscriptions avoid this risk entirely.
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Final Thoughts: Building the Future of Digital Ownership
OKX’s move to support Atomicals, Stamps, Runes, and Doginals isn’t just about expanding technical capabilities—it’s about advancing a vision of truly decentralized digital ownership. By embracing on-chain data permanence and supporting diverse inscription standards across multiple blockchains, OKX empowers users to create, collect, and trade digital assets with confidence.
As Web3 matures, the line between art, identity, and ownership continues to blur. Platforms like OKX are helping shape that future—one inscription at a time.
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inscriptions, BRC-20, DRC-20, Runes, Atomicals, Stamps, OKX Wallet, Web3