OXFUN is a gamified perpetual (perps) exchange built around the $OX token. By denominating profit, loss, and liquidations in $OX rather than traditional fiat currencies like USD, OXFUN mitigates risks historically associated with portfolio margin architectures. The platform enables traders to leverage their entire portfolios, including meme coins and other crypto assets typically unsupported by other exchanges and offers industry-leading collateral loan-to-value (LTV) ratios.
The unique tokenomics of OXFUN create a structurally bullish mechanism for $OX during market downturns. When non-$OX collateral is liquidated, it generates buy pressure for $OX, in contrast to traditional exchanges that often require additional USD liquidity under similar conditions. As meme coins grow in popularity, particularly during bull markets, OXFUN positions itself as the go-to platform for traders seeking to maximize the utility of their holdings.
