About Oxygen Protocol
Market Stats
Market Cap
$94,622.85
FDV
Not enough data
Circulating Supply
40,689,415 OXY
Max Supply
Not enough data
Total Supply
9,999,999,993 OXY
Total Value Locked
$41,083.51
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$358,637.67
0.08%
Volume (7D)
$2,090,247.22
Volume (30D)
$11,038,088.87
All time high
$4.14
Overall Price Change (1Y)
-0.96%
Additional info about Oxygen Protocol
Recent trends
The price of Oxygen Protocol has increased by 0.17% in the last hour and increased by 1.29% in the past 24 hours. Oxygen Protocol’s price has also fallen by 4.82% in the past week. The current price is $0.0023 per OXY with a 24-hour trading volume of $358.64K. Currently, Oxygen Protocol is valued at 99.94% below its all time high of $4.14. This all-time high was the highest price paid for Oxygen Protocol since its launch. The current circulating supply of Oxygen Protocol is 40,689,415 OXY which means that Oxygen Protocol has as total market cap of $94,622.85.
Market details
OXY vs markets
↘ 96.9%
OXY vs BTC
↘ 97.2%
OXY vs ETH
↘ 92.75%
Tags
yield-farming
ftx-bankruptcy-estate
Network & Addresses
Network | Address | |
|---|---|---|
Solana | z3dn17yLaGMKffVogeFHQ9zWVcXgqgf3PQnDsNs2g6M |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.0023 | ↗ 1.29% |
1 Day | $0.0023 | ↗ 1.29% |
1 Week | $0.0024 | ↘ 4.82% |
1 Month | $0.0030 | ↘ 21.56% |
1 Year | $0.0640 | ↘ 96.37% |
FAQ
Oxygen (OXY) is a decentralized finance (DeFi) prime brokerage service that operates on the Solana blockchain and is powered by Serum's on-chain infrastructure. Oxygen is designed around Pools, which are collective baskets of assets that perform collective actions. The primary function of Oxygen is to provide a borrow-lending facility, allowing users to potentially receive compensation and leverage their portfolios. This forms the foundation for a vibrant and decentralized financial ecosystem. Oxygen seeks to democratize finance by making it more accessible and efficient for all participants. The Oxygen Protocol is powered by the OXY token, which governs the protocol and receives 100% of its net revenues.
Oxygen operates around a pools-based infrastructure where users can create a pool by depositing their assets and marking which ones to lend. Users set their lending parameters, including desired maturity and yield. Oxygen matches borrowers and lenders through an on-chain order book. This allows users to get a fair price for borrowing/lending. Oxygen also allows for multiple use of the same collateral. Users can potentially generate yield on their portfolio while borrowing other assets at the same time. Furthermore, users can utilize all of their portfolio across multiple asset types as collateral when borrowing, which should mean lower liquidation risk for user portfolios.
Oxygen seeks to provide a range of use cases for its users. The first phase of Oxygen is a borrow-lending protocol, allowing users to potentially earn yield on their lent out funds, borrow assets from a pool and pay interest to the pool, trade directly out of the pool which enables collective action and efficient capital usage, and access more complex products using their pool’s assets as collateral. Future plans include creating volatility trading agreements and structured product functions, so that developers can create their own structured products. Oxygen's vision is to recreate marketplace-esque business units which exist within investment banks and make them accessible to everyone.
Oxygen was launched with the release of its mainnet alpha. The project is headquartered in Switzerland and the core team is made up of individuals who are passionate about building the financial infrastructure of the future. They collectively have decades of fintech experience, with 15 developers located around the world. Oxygen was co-founded by Alex Grebnev and Viktor Mangazeev. Alex Grebnev has over 16 years of investment banking experience, while Viktor is a serial technology entrepreneur. Oxygen’s investors include Alameda Research, Genesis Capital, CMS, MultiCoin, and other HFT firms.
We update our Oxygen Protocol to USD currency in real-time. Get the live price of Oxygen Protocol on Coinbase.
The current market cap of Oxygen Protocol is $94.62K. A high market cap implies that the asset is highly valued by the market.
The all-time high of Oxygen Protocol is $4.14. This all-time high is highest price paid for Oxygen Protocol since it was launched.
Over the last 24 hours, the trading volume of Oxygen Protocol is $358.64K.
Assets that have a similar market cap to Oxygen Protocol include Cat Token, ASPO World, Real Games, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Oxygen Protocol is 41 million.
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Social stats
Popularity in posts
#463
Contributors
5,485
Posts
12,545
% About Oxygen Protocol
0.065%
Articles
19
Hold times
0 days
X (Twitter)
36.15% bullish
Sentiment
4.4 ★
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Highlights
5,485 unique individuals are talking about Oxygen Protocol and it is ranked #463 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Oxygen Protocol has an average sentiment score of 88 out of 5. Finally, Oxygen Protocol is becoming less newsworthy, with 19 news articles published about Oxygen Protocol.
On Twitter, people are mostly bullish about Oxygen Protocol. There were 56.34% of tweets with bullish sentiment compared to 55.84% of tweets with a bearish sentiment about Oxygen Protocol. 43.66% of tweets were neutral about Oxygen Protocol. These sentiments are based on 1114 tweets.
On Reddit, Oxygen Protocol was mentioned in 492 Reddit posts and there were 139604 comments about Oxygen Protocol. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.