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Project Overview
Oxium is a decentralized exchange on Sei Network, offering a central limit order book with hooks, aggregated liquidity from lending protocols, and one-click liquidity provision using a custom AMM.
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Sei Ecosystem DEX Oxium Announces Gradual Shutdown; Platform Interface to Close on August 1
Oxium, a Sei-based order book DEX, has announced it will gradually cease operations. The team stated that prolonged adverse market conditions have resulted in platform revenue failing to cover operational costs, and the frontend interface will officially shut down on August 1, 2026.
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.