OX Coin

OX Coin (OX) is a cryptocurrency launched in 2024. It is the native fuel of OX.FUN, a SocialFi derivatives exchange that fuses high-leverage perpetuals trading with social media-style engagement loops.

The exchange lists more than 200 assets—many of them nascent meme coins—and allows positions of up to 50x leverage. OX.FUN accepts a wide range of memecoin collateral, letting speculators deploy otherwise idle memecoin portfolios as margin. The core friction it dissolves is the isolation of social sentiment from order execution; here, a trader’s commentary directly influences the profit streams of those who copy or counter-trade her positions.

OX Coin operates on the Ethereum network, with secondary token contracts on Base, Blast, Solana, Avalanche, Polygon, Arbitrum, and the BNB Chain. This multi-chain footprint means the token can be deposited across an array of decentralized venues and the native OX.FUN matching engine without bridging friction.

The Ethereum deployment conforms to the ERC-20 standard, while the Solana instance is structured as an SPL token, ensuring native composability within each ecosystem’s dominant wallet and exchange infrastructure. All contract addresses share an identical hexadecimal identifier—0xba0dda8762…—across EVM networks, simplifying verification. The absence of a proprietary blockchain shifts the security burden to the underlying networks rather than a bespoke validator set.

OX.FUN materialized in February 2024 without a publicly disclosed founding entity. It launched simultaneously with the OX token on February 15th, immediately seeding the ‘Battle Vaults’ tournament system—a format that pits sixteen memecoin developer teams or rival Crypto Twitter personalities against each other in structured trading deathmatches. Early traction concentrated among meme token communities and referral hunters attracted by a 30% fee share for bringing new traders and a permanent trading discount for the referred.

The exchange’s implicit thesis rejects the sterile separation of trade execution and social signaling. It reimagines a perpetuals venue as a collective intelligence arena where the ‘Alpha Feed’ transforms every position into a shareable signal, and where betting on personalities becomes as liquid as betting on tickers. That configuration aims to erode the moats of traditional derivatives giants by weaponizing network effects rather than merely matching orders.

Inside the protocol, OX serves as the exclusive settlement currency for profit and loss. All exchange-level fees—maker and taker—are collected in OX, and a portion of those fees is periodically burned, shrinking the token’s outstanding float. Staking mechanisms channel deposits into passive vaults that algorithmically rotate between ranging, bullish, and bearish strategies, while the Battle Vaults lock OX in high-risk copy-trade pools that mirror the moves of designated crypto influencers.

A speculator who expects sideways price action can stake OX into a range-trading vault to capture yield from mean-reversion algorithms. An aggressive trader might instead allocate OX to a Battle Vault tracking a degen personality, thereby mirroring that player’s 50x meme coin scalps while automatically participating in a communal prize pool. Referrers collect a 30% rebate on all trading fees generated by their invitees, and the invitees themselves lock in a permanent 50% reduction on maker fees, all settled in OX without any additional reward token.

OX Coin has a maximum supply of 9,857,348,536 tokens. Currently, 2,616,366,567 are in circulation. A portion of every trading fee is burned, monotonically reducing the circulating float over time. With a market capitalization of $63,670, OX Coin ranks #6,616 among all cryptocurrencies.