OX.FUN operates a cryptocurrency perpetual trading platform (a contracts exchange). On the exchange, P&L is calculated in OX, and the spot trading pairs listed include OX/USD and AOX/USD. The platform distributes AOX tokens as a subsidy when users incur losses; AOX is issued only in losing scenarios. The product mechanics emphasize asymmetric token distribution tied to trading outcomes. The company completed a new financing round of $4 million, according to the report.

Total raised

$4M

Funding rounds

1

Latest round

Equity

Latest activity

Feb 2024