Oxium Announces Shutdown on August 1; Users Urged to Cancel Orders, Close Positions, and Withdraw Assets Promptly
According to an official announcement, Oxium stated that due to prolonged adverse market conditions resulting in insufficient platform revenue, it can no longer sustain operations; the team has therefore decided to gradually wind down the project. The official statement emphasized that users’ deposited assets remain secure and under users’ sole control, and this announcement aims to remind users to arrange orderly withdrawals in advance.
