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Oxygen

Oxygen OXY Price $ 0.00436

Rank: 1107

311 Watchlists

DeFi

OXY Price

0.00436
6.39%
(-$ 0.000297)
Price Range
LowHigh
$ 0.00428$ 0.00467

General Info

Contracts/Explorers:

Explorers

Tags (Sub-Categories):

#Token

Funds and Backers

Description

Oxygen is a DeFi prime brokerage service built on Solana and powered by Serum's on chain infrastructure.

Oxygen (OXY) Chart

The Oxygen to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.

OXY to USD Converter

Oxygen (OXY)OXY

IEO

11 May — 11 May 2021

Raised

$200.00K

Price:

$ 0.100

ROI:

0.04x  -95.6%

Platform:

N/A

ATH ROI:

41.29x  +4,029%

OXY Price Statistics

leaderboard

Market Cap

$ 10.27M

FDMC

$ 43.37M

ATH Market Cap

$ 1.03B

24 Trade Vol.

$ 101.51K


Vol. (24h) / MCap

0.00988

Max Supply

OXY 10,000,000,000

Total Supply

OXY 10,000,000,000

Circulating Supply

OXY 2.37B

(23.7% of Max Supply)


Next Unlock

OXY 144.24M

(1.44% of Max Supply)

Listing Date

16 Mar 2021

IDO Price

$ 0.100

11 May 2021

IDO ROI

95.7%

0.0434x

All Time High

$ 4.13

16 Mar 2021


All Time Low

$ 0.00281

2 Feb 2024


From ATH

99.9%

From ATL

54.4%

Oxygen Price Analysis

What is Oxygen (OXY)?

Oxygen is a DeFi pools-based blockchain prime brokerage service. It is deployed on the Solana blockchain and the Serum on-chain infrastructure powers it. It aims to democratize borrow-lending by bringing the properties of prime brokerage services to the blockchain space. This is centered around connecting central market participants to each other, including hedge funds, pension funds, asset managers, liquidity providers, and more, in order to improve the efficiency of markets and price discovery.

The project hopes to offer and increase the accessibility of traditional financial services, often provided by investment banks, to everyone via blockchain technology. Examples of its products include yield earning, borrowing assets, trading directly from pools, trading leverage against portfolios.

The platform facilitates peer-to-peer transactions and is 100% decentralized, 100% non-custodial, and 100% on-chain. OXY is Oxygen’s native currency and powers the protocol. OXY is also used for governance, and holders are entitled to reduced fees. 100% of trading fees are invested back into the ecosystem.

What are Oxygen’s key features and how does it work?

As mentioned, Oxygen seeks to offer a more efficient way to manage capital. It does this with the help of three distinctive ways. The first is allowing multiple uses of the same collateral. Users can earn a yield on their portfolios by lending out assets and borrowing other ones at the same time.

Secondly, cross-collateralization is supported by the protocol. Users can combine all the collateral across their portfolio to borrow other assets. This allows for lower margin calls and a smaller risk of portfolio liquidation. 

Lastly, Oxygen uses market-based pricing. Rather than following pre-set market models that must be manually adjusted, the platform is order-book based.

At the core of the Oxygen Prime Brokerage is the option to create pools with multiple assets. Users can create custom pools containing a variety of assets of their choosing, assets can then be lent or borrowed. Interest is either earned or paid accordingly. Interest is earned based on the overall portfolio rather than on individual assets. The Oxygen Prime Brokerage smart contract is developed in RUST and can be upgraded over time.

Users are able to interact with the protocol via three different channels. First, Oxygen features a wallet for Defi. Users can trade directly via the wallet as well as earn yield, borrow assets, vote and stake. Users can also access the services via the Oxygen API or alternatively via smart contracts based on the Solana Network.

Where can you buy OXY?

OXY is available for trading on the following CEXs and DEXs listed here. The most popular platforms with the highest liquidity are AscendEX, MEXC Global, and Kraken.

The price of OXY will vary depending on the choice of exchange and overall market conditions. For up-to-date and historic data for OXY market price, please view the price charts on this page.

Oxygen Price Today

Oxygen's current price is $ 0.00436, it has dropped -6.39% over the past 24 hours.

Oxygen's All Time High (ATH) of $ 4.13 was reached on 16 Mar 2021, and is currently -99.9% down.

The current circulating supply of Oxygen is 2.37 Billions tokens, and the maximum supply of Oxygen is 10.00 Billions.

Oxygen’s 24 hour trading volume is $ 101.99 Thousand.

Oxygen's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 10.32 Million.

You can find more details about Oxygen on its official website and on the block explorer.

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