BitMart officially listed $O, the native token of o1 exchange, for spot trading at 5:00 AM UTC today, with the trading pair $O/USDT. Deposits opened one hour earlier. The listing injected fresh liquidity into the token, driving its market cap up more than 150% in 24 hours to roughly $100 million.
$O Market Cap Jumps 150% in 24 Hours
The price action was immediate. $O's market cap surged from around $40 million to $100 million. This is not an isolated catalyst—$O has seen multiple exchange listings in recent weeks, and the cumulative effect of new liquidity access is now visible in the charts. A $100 million cap puts the project on institutional radar while still leaving meaningful upside, contingent on whether the platform's actual usage metrics can justify the valuation going forward.
o1 Exchange: A Full-Stack Onchain Terminal on Base and Solana
o1 exchange bills itself as the first fully-fledged trading terminal on Base and Solana—not just a DEX, not just an aggregator, but an all-in-one infrastructure layer. It covers spot trading, perpetuals, and prediction markets across Base, Solana, and BNB Chain. This multi-chain, multi-product approach differentiates it from single-chain DEX aggregators that have dominated the space.
The platform also offers a 45% cashback rate on trading fees, one of the highest in the market. For active traders, this directly impacts transaction costs and shifts the calculus of whether to use o1.exchange versus centralized alternatives.
Beyond the Price Rally
o1 exchange is not a speculative concept project. The trading terminal is live on Base and Solana, and the mobile interface is already built. Most tokens driven by listing momentum are priced on promises; $O is priced on a working product. Its meta DEX aggregator routes trades across multiple liquidity sources for optimal execution—a practical benefit for anyone who has lost money to slippage on a single-source DEX. Pairing that with onchain perpetuals and prediction markets in the same interface makes this an ambitious product stack for a platform still in its growth phase.
As onchain trading volume continues shifting away from centralized exchanges, platforms like o1.exchange that offer CEX-level functionality with onchain execution sit directly in the path of that capital flow. The 45% cashback rate also sets a competitive floor that rivals will find hard to ignore if sustained at scale.
For now, $O is live on BitMart, the token is moving, and the platform behind it is one of the most complete onchain trading products available today.