Coinbase Director: The non-OX token assets of OX.FUN have shrunk to approximately 1.7 million dollars

ChainCatcher news, Coinbase director Conor Grogan tweeted, "The non-OX token assets of the perpetual contract trading platform OX.FUN have shrunk to about $1.7 million. If they processed a redemption request of 1 million USDC, their redemption amount would be even less. This would reduce their total USDC to about $1,000."

Previously, former Three Arrows Capital founder Su Zhu stated on social media last January that OX.FUN was undergoing new financing and making good progress.