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OXI Token Explained: Oxbull Launchpad on Base Chain

OXI Token Explained: Oxbull Launchpad on Base Chain

Editor's Pick: Check OXI's chart or trade directly using gmgn.ai web version or Telegram Bot to stay ahead of the market.

Let's take a close look at the OXI token, a key player on the Base chain, especially if you're interested in crypto launchpads and new token opportunities.

The OXI token is the official token powering the Oxbull ecosystem. If you're not familiar, Oxbull is a platform that helps new blockchain projects raise funds by hosting Initial DEX Offerings (IDOs), Initial Game Offerings (IGOs), and Initial NFT Offerings (INOs). Think of it as a launchpad for exciting new crypto ventures.

Oxbull has been around since February 2021, initially supporting projects on the BNB Chain and Solana. However, in December 2024, Oxbull made a significant move, migrating its entire ecosystem to the Base Layer 2 blockchain. This is where OXI comes into the picture, becoming the new primary token for the platform, replacing the older OXB and OXS tokens. This shift to Base was aimed at leveraging the network's benefits like lower transaction costs and faster speeds, thanks to it being built on top of Ethereum as a Layer 2 solution developed by Coinbase.

What Can You Do with OXI?

The OXI token isn't just for show; it's packed with utility within the Oxbull ecosystem. Its main purpose is to give users access to and influence over the platform:

  • Staking for IDO Tiers: This is a big one. By staking OXI tokens, users can qualify for different allocation tiers in upcoming token launches on the Oxbull platform. The more OXI you stake, typically the better your access or allocation size. For example, a minimum of 50 OXI is needed for Tier 3 access.
  • Participate in Token Launches: Holding and staking OXI grants you the ability to invest in new projects launching through IDOs, IGOs, and INOs on Oxbull.
  • Potential Governance: While not always explicitly detailed for every token, launchpad tokens often include governance features, allowing holders to vote on proposals that shape the platform's future.
  • Oxbull Immunity: This is a cool feature! OXI holders participating in eligible launches can potentially benefit from Oxbull Immunity, a policy allowing participants to withdraw their contributions within 24 hours after the Token Generation Event (TGE). This adds a layer of protection for investors.
  • Community Access: Holding OXI can provide access to exclusive community features and benefits within the Oxbull world.

OXI Tokenomics Snapshot

Understanding a token's supply and distribution is crucial. Here's the breakdown for OXI:

  • Total Supply: There will never be more than 12,345,678 OXI tokens. This fixed supply means no new tokens will be minted, which can contribute to scarcity over time if demand increases.
  • Maximum Supply: Set firmly at 12,345,678 OXI, matching the total supply.
  • Circulating Supply: As of late May 2025, the circulating supply is around 11,980,000 OXI.
  • Distribution (approximate):
    • Held by Oxbull and Kwai holders: 92.75%
    • Uniswap Liquidity: 4.25%
    • Team Tokens: 3%

The OXI token uses the ERC-20 standard, which makes it compatible with Ethereum-based wallets like MetaMask and widely supported by decentralized exchanges on Base. You can find the official OXI contract address on BaseScan: 0x07fb80f7A8460DE3065d74B2663ba0D740fB3cA5. Always double-check this address when interacting with OXI to avoid scams!

Where to Trade OXI

Given its nature and location on Base, OXI is primarily traded on decentralized exchanges (DEXs) operating on the Base network.

Remember to always verify the correct contract address (0x07fb80f7A8460DE3065d74b2663ba0D740fB3cA5) when trading on DEXs.

Market Status

As of late May 2025, the market capitalization for OXI is approximately $2,908,974, placing it around rank #2573 on CoinGecko. Its Fully Diluted Valuation (FDV) is close behind at $2,998,943. While earlier data from December 2024 noted a price around $0.1759 with minimal volume, the current market cap indicates more active trading and presence as of May 2025.

Important Considerations and Risks

Like any crypto asset, especially those tied to launchpads and relatively recent migrations, there are points to consider:

  1. Liquidity: While market cap data exists, specific trading volume can fluctuate. Earlier reports noted periods of low volume, which can impact price stability and ease of trading large amounts.
  2. Market Adoption: As a token recently migrated to a specific chain (Base), its widespread recognition and listing on major centralized exchanges (CEXs) might still be developing compared to older tokens.
  3. Smart Contract Risks: The OXI token contract has been verified, but all smart contracts carry an inherent risk of bugs or vulnerabilities, though this is a general concern for all tokens.
  4. Regulatory Environment: Participating in IDOs/IGOs/INOs can be subject to regulatory scrutiny depending on your location. Always be aware of local laws.
  5. Name Confusion: This is a big one! There are other tokens out there with similar ticker symbols (like OX on OX.FUN's Base contract 0xba0dda8762c24da9487f5fa026a9b64b695a07ea, or OXY tokens on Solana/Ethereum). Always confirm you are interacting with the exact OXI token on the Base chain with the contract address 0x07fb80f7A8460DE3065d74b2663ba0d740fB3cA5.

Using Tools for Analysis

For those looking to track OXI and other meme tokens more actively, platforms like GMGN.AI offer tools for analysis and trading. GMGN.AI specializes in monitoring meme tokens across various chains, including Base, and provides features like smart money tracking and real-time analytics. You can explore OXI specifically on their platform here. (Note: GMGN.AI charges a 1% transaction fee).

Wrapping Up

The OXI token is the utility core of the Oxbull launchpad ecosystem, now thriving on the Base Layer 2 network. With a capped supply and key features like staking for IDO access and Oxbull Immunity, OXI plays a direct role in participating in new project launches. While navigating potential liquidity concerns and the importance of verifying the correct token contract, OXI represents Oxbull's commitment to providing launchpad services on a scalable and cost-effective chain like Base. If you're eyeing IDO opportunities, keeping up with Oxbull's calendar on oxbull.tech/app/calendar and understanding the role of OXI is essential. Always do your own thorough research before investing!

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