>>40831769Pokemon don't get banned from OU for being too much defensively. The only primarily defensive pokemon banned from OU was/is Lugia which is a box legendary with base 680 stats. Toxapex is going to be incredibly meta defining, and probably suspected at some point, but when all a team needs to run is a Reuniclus to turn Toxipex into set-up fodder, I don't think it will dominate to an extent justifying a ban.
Also, without z moves arena trap could potentially be unbanned, forcing Toxapex to run a shed shell and limit its recovery or be removed by dugtrio. (252+ Atk Choice Band Dugtrio Earthquake vs. 252 HP / 4 Def Toxapex: 312-368 (102.6 - 121%) -- guaranteed OHKO), (252+ Atk Choice Band Dugtrio Earthquake vs. 252 HP / 252+ Def Toxapex: 240-284 (78.9 - 93.4%) -- guaranteed 2HKO).