• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
​More than 95% of Maps.me and Oxygen tokens are locked on FTX

​More than 95% of Maps.me and Oxygen tokens are locked on FTX

user avatar

by dapp_writer005

4 years ago


On November 16, 2022, it became known that several DEX projects at once (Maps.me and Oxygen) announced that 95% of their assets are stored on the bankrupt FTX exchange. Representatives of the projects spoke about this on the Oxygen protocol website. It is worth noting that these platforms were previously supported by Sam Bankman-Fried. In total, about $100 million was invested in the investment of the sites.

At the moment, representatives of Maps.me and Oxygen are shocked by the information about the bankruptcy of FTX, since it was this exchange that held most of the ecosystem tokens. To ensure the protection of their platforms, project heads turned to legal advisers for help. 

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other articles

Sentient Review: Open AGI Infrastructure, OML Technology, The Grid, and Blockchain-Powered AI

chest

Learn what Sentient is, how its Open AGI infrastructure works, the role of The Grid and OML, the SENT token, blockchain integration, ecosystem, benefits, challenges, and future potential.

user avatarElena Ryabokon

Top DeFi Platforms for Earning Passive Income Through Staking, Lending, and Liquidity Provision

chest

Explore the best DeFi projects for passive income. Learn about staking, lending, liquidity provision, yield farming, leading protocols, potential risks, and key selection criteria.

user avatarElena Ryabokon

HumidiFi Review: How the Solana-Based Prop AMM Works, WET Token, Features, and Ecosystem

chest

Learn what HumidiFi is, how its proprietary AMM works on Solana, the role of the WET token, key protocol features, and how it differs from traditional decentralized exchanges.

user avatarElena Ryabokon

Moonlander Review: Features, Gameplay, Perpetual Trading, and the Cronos Web3 Ecosystem

chest

Discover what Moonlander is, how the Web3 platform works, its gameplay mechanics, perpetual trading features, token ecosystem, and how it differs from other GameFi and DeFi projects.

user avatarElena Ryabokon

What Is World Markets? Exploring the DeFi Trading Platform, Unified Margin, and On-Chain Markets

chest

World Markets, World Markets review, DeFi platform, decentralized exchange, DEX, perpetual futures, crypto trading, MegaETH, unified margin account, DeFi lending

user avatarElena Ryabokon

What Is Paradex? Exploring the Decentralized Derivatives Trading Platform Built on Ethereum Layer 2

chest

Learn what Paradex is, how its decentralized derivatives exchange works, its Layer 2 architecture, key features, trading model, and how it differs from traditional DEX platforms.

user avatarElena Ryabokon

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.