TechFlow News: On June 26, according to an official announcement, Oxium stated that due to prolonged adverse market conditions resulting in insufficient platform revenue, the team has decided to gradually wind down operations. The official statement emphasized that user-deposited assets remain secure and fully under users’ control; this notice aims to remind users to arrange orderly withdrawals in advance.
The Oxium interface will be shut down on August 1, 2026. Users are advised to cancel all pending orders, close all positions, and withdraw their assets before this date. Afterward, funds can still be retrieved via smart contracts, though the process will be comparatively more complex.
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