Key Metrics

Real Volume (24H)$295,527.65
Fully Diluted Valuation$100,000,000
ATH Date3/17/2021, 1:38:50 AM
ATL Date11/23/2022, 9:17:00 PM
Circulating Supply202M
Total Supply10B
Popularity Rank2729
What is Oxygen?

Oxygen (OXY) is a platform that provides prime brokerage services on-chain, built using Serum's liquid and growing ecosystem and Solana's scalable blockchain. The infrastructure is a pool-based system designed specifically for DeFi applications and users, democratizing borrowing and lending. According to the whitepaper, the Serum ecosystem is a dynamic DeFi ecosystem based on Solana, with liquidity providers including Alameda Research. Consequently, the decentralized exchange (DEX) on Serum is liquid and efficient.

The OXY token powers the Oxygen Protocol, governing and receiving 100% of its earnings. OXY token holders control the Oxygen Protocol, and every token represents one vote, used for binding governance initiatives related to the Oxygen Protocol.

According to the protocol, the lender receives a fraction of the yield earned and may be charged based on trading volume, asset management pools, and more. Token holders vote on binding governance initiatives related to the Oxygen Protocol, with each token representing one vote.

The benefits of OXY token holders include protocol usage, trading, and liquidation fees through token purchase and burn. Some tokens are removed from circulation permanently, and cryptocurrency is burned. This reduction in circulation helps users earn a higher return on assets, while the cost of borrowing assets is lower.

Stake rewards can be generated through committed holding, and token holders can participate in governance decisions related to the Oxygen Protocol's operation, the use of community funds, and the return of net revenues to the Oxygen network.

The initial distribution of OXY tokens is as follows: 45% to the Community Fund, 10% to Private Sale, 25% to Product and Tech Growth, 8% to Partners, 2% to Team, and 2% to IEO. In total, 35% of tokens are allocated to the Oxygen and Serum communities. Holders of MAPS and SRM tokens can provide input on developing the ecosystem with funds held in their Community Funds. 88% of all tokens, including private sale tokens, are locked for at least six years. This long-term commitment from team members, partners, and traders is essential for the success of the Oxygen Protocol.

The Oxygen platform provides a unique solution that democratizes borrowing and lending for DeFi applications and users, supported by the Serum ecosystem's liquidity and efficiency. The OXY token powers the Oxygen Protocol, allowing token holders to govern and receive 100% of its earnings while participating in binding governance initiatives. Token holders can earn reduced protocol usage fees, generate stake rewards through committed holding, and participate in important governance decisions. The initial distribution of OXY tokens includes a substantial allocation to the Community Fund, with input from MAPS and SRM token holders on ecosystem development. The long-term commitment of team members, partners, and traders is vital to the Oxygen Protocol's success.


The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

Stay ahead of the competition by accessing high-quality data, advanced tools, and expert research.

Try for Free

Top Assets


We use cookies for personalization, social media, and analytics, and share usage data with partners.