OAX is an ERC20 token and is the native token of the decentralised and open-source exchange platform previously known as openANX (now OAX) which provides aggregated order books to create a sustainable digital asset ecosystem and liquidity pool which minimises credit risk and increases protection for consumer.
OAX combines the benefits of both centralized and decentralized systems into one ecosystem to improve efficiency and transparency. OAX is able to be stored in wallets that are compatible with Ethereum.