OAX Project Overview and Core Mission
OAX is a digital asset ecosystem established by the OAX Foundation in Hong Kong in 2017. The project's core objective is to address key challenges facing the digital asset industry, such as speed, scalability, interoperability, and trust. OAX is committed to building a more efficient, transparent, and trustworthy digital asset environment through decentralized exchange infrastructure, Web3, DeFi, and AI-driven digital financial solutions.
Technical Architecture and Ecosystem Development
OAX's technical development focuses on improving the efficiency and functionality of decentralized trading:
- Layer 2 Solution (L2X) Protocol: OAX released the L2X protocol in August 2019, aiming to enhance the scalability and efficiency of decentralized trading and provide a dispute resolution mechanism.
- 0x Protocol Integration: The project utilizes the 0x protocol and Ethereum smart contracts to support the construction of peer-to-peer digital asset trading platforms.
- Polkadot Integration: OAX collaborates with Polkadot to develop functionalities for deploying DeFi parachains, enhancing the interoperability of its ecosystem.
In terms of product and ecosystem expansion, OAX has also launched a series of initiatives:
- Notifs App: A DeFi portfolio tracker launched in 2023, providing users with digital asset tracking and relevant market updates.
- OAX Learn: An educational initiative launched in March 2024, aiming to provide learning resources for new and existing users of the digital asset ecosystem.
- GMAsia.ai: An AI-driven ed-tech platform and AI resource center supported by OAX, scheduled for launch in Q1 2026, designed to bridge knowledge gaps and enhance skills.
- Hack the East: OAX also supports a student-led AI hackathon in Hong Kong, scheduled to launch in Q1 2026.
OAX's future development roadmap (2026-2027) plans to continue developing its decentralized exchange platform, expand its ecosystem, integrate more blockchain networks to improve interoperability, launch new DeFi products and services, expand partnerships within the crypto industry, and improve governance mechanisms for OAX token holders.
OAX Token and Market Performance
The OAX token was initially an ERC-20 standard token based on Ethereum and was wrapped as a BEP-20 standard in 2021, making it also available on the Binance Smart Chain (BSC). The project raised $18.8 million through an Initial Coin Offering (ICO) in May 2017.
According to data from October 13, 2026, the total supply of OAX is 100 million tokens, with a circulating supply of approximately 95.81 million tokens, accounting for 96% of the total supply. The price on that day was approximately $0.001241, with a market capitalization of approximately $118,916. OAX's all-time high price reached $2.34 (January 7, 2018), and its all-time low price was $0.001220 (March 14, 2025).
Key Stakeholders and Market Views
The OAX Foundation, as a non-profit organization, is the creator and manager of the project, dedicated to Web3, DeFi, AI-driven digital finance, and blockchain innovation. Its development team is the Hong Kong company Enuma Technologies Ltd. In addition, the OAX Foundation has provided funding for IJS Technologies, a community-driven open-source DeFi exchange platform. Blockpass and KYC-Chain are its partners in digital identity and governance standards, and the Notifs app has also received support from the Hong Kong Cyberport Creative Micro Fund (CCMF) program.
The market generally believes that the OAX platform has a strong team and technical support, committed to solving the security, transparency, and liquidity issues faced by traditional exchanges. As the digital asset market's demand for secure, transparent, and decentralized trading increases, the OAX platform is expected to gain more users and trading volume. However, the cryptocurrency market is highly volatile, and the OAX platform also faces fierce competition from other decentralized exchanges. All investments carry risks, and investors should evaluate them based on their risk tolerance and investment goals.
How to Acquire OAX Tokens
OAX tokens can be traded on exchanges that still support the coin. Please verify the listing status before trading.
