OX Coin

OX Coin is the native currency of [OX.FUN](https://ox.fun) - a nextgen SocialFi perps exchange. ###What is OX.FUN? OX.FUN is a derivatives exchange where users can trade 200+ coins with up to 50x leverage, including the latest meme tokens. It also supports a diverse range of memecoin collateral, allowing holders to get the most out of their meme portfolios.

###What is the Utility of OX Coin? * OX can be used to stake, earn yield and participate in [OX.FUN Vaults](https://ox.fun/vaults) * OX is accepted as trading collateral on OX.FUN * All fees on OX.FUN are collected in OX * OX is the native PnL currency of OX.FUN ###What are OX.FUN Vaults? Users on the platform can stake in a range of passive strategy vaults, allowing them to earn yield in ranging, upward and downward trending markets.

OX.FUN also runs large scale memecoin trading competitions using Battle Vaults, including 16-way competitions between memecoin devs and 1v1's between various Crypto Twitter personalities, and the notorious ongoing Su VS Kyle 3AC trading deathmatch Users can stake into their favourite competitors' vaults, copying their trades and participating in prize pools.

###What makes OX.FUN a SocialFi Exchange? OX.FUN pioneers the Alpha Feed, allowing users to comment and share any of their trades. Other traders may then copy or counter trade them. There’s always an incentive to comment on trades to influence other traders on the platform - the original trader earns fees from those who copy/counter, while (unlike standard copytrading) the rest of the original traders’ account is hidden.