CoinWorld News: Oxium, a DeFi lending platform on the SEI ecosystem, has announced that due to prolonged unfavorable market conditions leading to low revenue, it has decided to cease operations, with the frontend scheduled to close on August 1, 2026. Oxium stated that assets deposited by users on the platform are safe and under user control, and advises users to cancel all pending orders, close existing positions, and withdraw assets.

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