OKX Boost May Data Report: 10 projects distributed $5.57 million in incentives, with 70% of projects ranking in the top 30% of transparency according to RootData

Author: RootData

Last month, RootData released Q1 analysis of OKX Boost, highlighting its role as a key launchpad connecting high-quality projects with real users. OKX Boost serves as a transparent, low-barrier entry point for users and a valuable testing ground for projects before they reach OKX’s main liquidity market. We continue to track OKX Boost’s monthly performance to help users identify promising opportunities and better understand Web3 market trends.

In May, OKX Boost maintained strong momentum from Q1, with growing participation and reward pools. The introduction of the new X Stake feature and deeper integration with the X Layer ecosystem further boosted user returns.

Key observations are as follows:

1. Participation Scale Continued to Expand

According to OKX Boost official data and RootData, OKX Boost launched 10 X Launch campaigns in May, with average 27,850 participants per campaign (up 39% from Q1’s ~20,000), and the total reward pool reached $5.57 million.
Average reward pool per project around $557K (up from $500K in Q1)

Notable high-value reward pools included NEXST and edgeX ($700K each), Billions ($650K), and AntFun ($613K).

User returns were also attractive, with an average gain of $200 USDT per participant.The increase in both participation and returns was largely driven by the new X Stake (a staking incentive program introduced by OKX Boost) and stronger synergy with the X Layer ecosystem — starting May 12, OKX DEX users trading tokens on X Layer receive an additional 20% boost to their Boost trading volume.

2. Strong Transparency Performance, 70% of Projects Ranked in RootData’s Top 30% by Transparency

The May Boost projects demonstrated strong overall information disclosure. According to RootData’s transparency ratings, more than 70% of the projects outperformed 70% of all projects on the platform. Over 40% ranked in the top 4%, and 30% achieved an A-grade rating (top 3%), showing particularly outstanding transparency.

For reference, RootData’s April report indicated that fewer than 1% of nearly 20,000 listed projects reached A-grade transparency. The significantly higher proportion of A-grade projects among May’s Boost underscores OKX Boost’s rigorous screening standards for information disclosure.

Looking deeper, the advantages of these high-transparency projects are evident across multiple core dimensions. Billions, Sentio, edgeX, and Pieverse all delivered balanced, strong performance in basic information, operational metrics, financial performance, and disclosure activity. In most cases, two to three of these dimensions scored in the high 50–90% range, with comprehensive disclosure of key details such as project progress, funding background, token economics, and unlock schedules.

3. 40% Graduation Rate, with Fastest Listing in 3 Days

As of May 28, 4 out of the 10 X Launch projects had successfully “graduated” by listing on OKX’s perpetual futures or spot market, achieving a 40% graduation rate. Notably, edgeX and Pieverse had already listed on OKX before participating in Boost, showing that the program also attracts high-quality projects that already have main-market liquidity. Excluding these two, the graduation rate for new projects was 25%. With a longer observation window (1–3 months), this rate is expected to rise further.

The fastest projects graduated in just 3 days, significantly quicker than in Q1, indicating OKX is accelerating listing support for strong early-stage projects. High transparency continues to correlate strongly with graduation: 3 of the 4 graduated projects held A-grade transparency scores.

4. Sector Trends: AI+Crypto Accounts for 50%, Social & Entertainment Leads Participation

In May, AI+Crypto projects made up 50% of Boost campaigns, followed by RWA and DeFi (20% each). The AI narrative remains dominant, expanding into wallets, entertainment, and data networks, while RWA continues to receive strong platform focus.In terms of user engagement, social & entertainment projects led the way. Arena Two topped the list with 32,800 participants, followed by RWA project Collect on Fanable (30,700). AI projects NEXST and Sentio also recorded strong participation.

Conclusion

In May, OKX Boost not only sustained its strong momentum from Q1 but also showed two encouraging new signals: average user returns rose to $200 USDT, and the combination of X Stake and deeper X Layer integration significantly improved user efficiency and attracted more incremental users.

On the project quality side, over 40% of projects ranked in RootData’s top 4% by transparency — far above the industry average, which further validates the strong correlation between high transparency and main-market liquidity support. Graduation speed also accelerated, with the fastest projects listing in just 3 days.

As OKX Boost continues to refine its mechanics and focus on quality projects, it is becoming not only a key channel for users to capture early Alpha, but also an important window for observing capital flows, narratives, and liquidity shifts in the Web3 primary market. We will continue to track its development and deliver the latest insights each month.

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