Sei Ecological Oxyum will gradually cease operations, and the front-end interface will be closed on August 1st

Sei's decentralized trading platform Oxyum tweeted that due to the long-term adverse market environment, the platform's revenue cannot support continuous operation and will gradually cease operations. The front-end interface of Oxyum will be offline on August 1st. Users should cancel outstanding orders, close existing positions, and withdraw assets before closing the interface. User assets are controlled by users themselves and are not hosted on the platform. Even after the front-end interface is closed, users can still access and retrieve funds directly through smart contracts.