Sei ecosystem project Oxium has announced it will cease operations, with its interface set to shut down on August 1.
3 hours ago
On-chain order book DEX Oxium, built on the Sei network, has officially announced it will gradually cease operations. The team attributed the move to a prolonged unfavorable market environment, stating revenue is no longer sufficient to sustain operations. The platform’s interface will be shut down on August 1, 2026. Oxium reminded users to cancel pending orders, close positions, and withdraw assets before that date, noting user assets remain secure and under their own control, and funds can still be retrieved via smart contracts even after the interface is closed.
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