OKX releases announcement regarding MANTRA (OM) price fluctuations

ChainCatcher news, according to the official announcement, OKX has recently noticed significant fluctuations in the MANTRA project token OM: after a substantial increase in the token at the beginning of November 2024, on April 14, 2025, at 2:28:32 am (UTC+8), a rapid price drop and increased trading volume occurred first on other trading platforms, leading to a market-wide decline of over 80% in a short period.
At the same time, based on on-chain public data and internal exchange data, there have been significant changes in the project token's economic model since October 2024; additionally, from early March until now, several on-chain addresses with similar operational patterns have exhibited large deposit and withdrawal activities across various exchanges.

In light of the aforementioned market risks, OKX has adjusted a series of risk control parameters on the platform to mitigate market risks. Meanwhile, OKX reminds users that the market risk is relatively high recently, and some tokens may experience significant changes in supply, which could lead to substantial fluctuations and impacts on token prices. Users are advised to conduct careful analysis of the project situation when trading.