what's ox.fun?
OX.FUN is a decentralized cryptocurrency exchange focused on perpetual futures trading, particularly for low-cap tokens in meme and AI sectors. It allows users to use a wide variety of tokens as collateral, enabling traders to leverage positions with assets like low-cap meme coins. Trades are denominated in the native $OX token rather than USD, which integrates the token deeply into the platform's operations. The platform emphasizes transparency with on-chain token burns that reduce the $OX supply, contributing to its deflationary mechanics. Burns are executed automatically based on trading fees and volumes, aiming to align user incentives with supply reduction. This model supports a hyper-deflationary structure where significant portions of the token supply can be removed over time. OX.FUN was founded by notable figures from the crypto space, building on experiences in trading and DeFi to create a specialized venue for high-risk, high-reward perpetuals trading.
ox.fun integrated as an aggregator in zFi/swap's onchain system with odos, 1inch, and others.
Links
x.com/oxfunhqIntegrated as one of seven external aggregators in zFi/swap's onchain aggregator system alongside odos, okx, 1inch, para, kyber, and cow.
New allegations emerge claiming the project is a rebrand of $qto token, with continued warnings about Su Zhu involvement and concerns raised about potential Solana ecosystem endorsement.
Warning emerges linking controversial figure Su Zhu to the project, with allegations that it represents a rebranded venture designed to rug pull investors.
Primary LP now available on Aerodrome DEX.
New points reward system launches with 6B token distribution over 6 months to boost liquidity pool TVL.
Multiple scam allegations and warnings of complete financial loss risk reported.
Ora Protocol integration enables upcoming mining rewards airdrop to holders.
Liquidity provider rewards now distributed daily at 17.5% on Pumpswap with daily compounding available.
Active market manipulation threat detected from trader with claimed history of successful price suppression.
Hyper-deflationary token from OXFUN exchange. $80M market cap, 7 million tokens burned in past 30 days.