According to the official announcement,
following a significant rise in the OM token price at the beginning of November 2024, a rapid price decline and increased trading volume were first observed on other exchanges around 2:28:32 AM (UTC+8) on April 14, 2025, leading to a market-wide drop of over 80% in a short period. Simultaneously, based on on-chain public data and internal exchange data, a significant change in the project’s token economic model has occurred since October 2024; additionally, from early March until now, multiple on-chain addresses with similar operating modes have exhibited large deposit and withdrawal behaviors 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. At the same time, OKX reminds users that the recent market carries significant risks, and some tokens may experience substantial changes in supply, leading to considerable volatility and impact on token prices. Users are advised to conduct prudent analysis of project conditions when trading. OKX has also added a risk warning on the OM token page to alert users to the volatility of this token.
