Sei Ecological DEX Oxium announces gradual cessation of operations, the interface will close on August 1

The decentralized trading platform Oxium on the Sei network announced that it will gradually cease operations.

The team stated that due to the long-term adverse market environment, the platform's revenue can no longer support ongoing operations, and therefore, they have decided to shut down related services. Among them, the Oxium front-end interface will officially go offline on August 1, 2026.

Oxium reminds users to cancel any unfilled orders, close existing positions, and withdraw assets in a timely manner before the interface shuts down.

The team also emphasized that user assets are always controlled by the users themselves and are not held on the platform. Even after the front-end interface is closed, users can still access and retrieve their funds directly through smart contracts.