Last updated：--
View ChartOxygen (OXY) is a decentralized finance (DeFi) prime brokerage protocol built on the Solana blockchain and powered by Serum's on-chain infrastructure. The project aims to bring traditional prime brokerage services—such as lending and borrowing, leveraged trading, and risk management—to DeFi users through a non-custodial, on-chain framework. Oxygen operates on a pools-based infrastructure, where users deposit assets into pools, set their lending parameters, and get matched with borrowers through Serum's decentralized order book. The protocol launched in late 2020 with its mainnet alpha and is headquartered in Switzerland under Oxygen AG. OXY exists both as an ERC-20 token on Ethereum (contract 0x965697b4ef02f0de01384d0d4f9f782b1670c163) and as a Solana token (mint z3dn17yLaGMKffVogeFHQ9zWVcXgqgf3PQnDsNs2g6M), while the Oxygen protocol itself runs on Solana. The token is a utility and governance token with a total supply of 9,999,999,993, of which approximately 40.69 million were in circulation. The token powers transaction fees, lending pool rewards, and protocol governance, with fee tiers that reward users holding larger amounts of OXY.
Oxygen was co-founded by Alex Grebnev and Viktor Mangazeev, a London-based duo also known for their involvement in the Maps.me application. Alex Grebnev brings over 16 years of investment banking experience, having worked at Goldman Sachs and Merrill Lynch. Viktor Mangazeev is a serial technology entrepreneur who studied at Moscow's National Research University (MEPhI) and co-founded myDFS, a daily fantasy sports platform. The project's core team consists of individuals with decades of combined fintech experience, including 15 developers located around the world. Oxygen is structured as Oxygen AG, based in Switzerland, a historically crypto-friendly jurisdiction.
Oxygen operates through a pools-based infrastructure on Solana, leveraging Serum's decentralized on-chain order book to match borrowers and lenders. Users create pools by depositing assets and specifying lending parameters such as desired maturity and yield, either as market or limit orders. Instead of relying on a pre-set market model, Oxygen uses Serum's order book to determine fair borrowing and lending rates. The protocol emphasizes capital efficiency by allowing cross-collateralization, meaning users can use multiple asset types as collateral and earn yield on their portfolio while simultaneously borrowing other assets. The alpha version relies on Serum for pricing, order execution, and risk management, including liquidations. Oxygen is fully decentralized, non-custodial, and on-chain, with all transactions occurring peer-to-peer without a centralized operator. The protocol never accesses users' private keys. Being non-custodial does not eliminate risk: smart contract vulnerabilities, liquidity risk, and the project's association with the FTX Bankruptcy Estate remain material risks for holders.
Oxygen differentiates itself by bringing prime brokerage services—traditionally reserved for wealthy institutional investors—to the broader DeFi market. Its integration with Serum's on-chain order book enables market-based pricing for loans, replacing manually adjusted models. The protocol supports cross-collateralization across multiple asset types, which can reduce liquidation risk for user portfolios. Oxygen also offers streamlined in-pool trading, allowing users to interact with Serum's DEX directly from their pools without repeated deposits and withdrawals. The platform's general on-chain risk management engine is designed to support sophisticated products such as synthetic assets, non-linear derivatives, and volatility trading, all cross-margined within a single account. Additionally, the OXY token features tiered fee structures that reward holders with better lending and borrowing rates as they accumulate more tokens.
The OXY token serves multiple functions within the Oxygen ecosystem. It is used to pay transaction fees and is distributed as rewards to lending pool participants and those providing lending or borrowing discounts. OXY also functions as a governance token, allowing holders to vote on the platform's future development and governing 100% of the protocol's revenue. The token incentivizes adoption through a tiered fee structure, where users holding larger amounts of OXY receive increasingly favorable rates for lending and borrowing. Initial token distribution allocated 25% to product and tech growth, 20% to the community fund, and 15% to Serum ecosystem incentives. According to project materials, the total supply is intended to decrease over time through a deflationary mechanism; the specific mechanism is not detailed in available sources.
Oxygen's ecosystem is closely tied to Serum, through which it pairs borrowers and lenders and enables direct DEX interaction from user pools. The OXY token trades on venues including Gate.io (OXY/USDT), SushiSwap v2 (OXY/ETH), and Raydium (OXY/RAY). The protocol offers a range of services such as crypto-collateralized loans, credit and leveraged trading, liquidity pools, yield farming, staking systems, and a non-custodial wallet for the Solana ecosystem. Future development plans include supporting synthetic products, non-linear assets such as derivatives, and volatility trading agreements, with the ultimate vision of recreating investment bank business units as accessible, decentralized marketplaces. The project is tagged under "FTX Bankruptcy Estate," indicating an association with FTX bankruptcy proceedings. In the FTX bankruptcy case, FTX filed an application with Delaware Bankruptcy Judge John Dorsey to dismiss investors' claims against the "Sam Coins" (including MAPS, OXY, SERUM, and BOBA), arguing their value should be zero.
OXY is not mined. It is issued as a token on Ethereum (ERC-20) and Solana, and distributed as rewards to lending pool participants and liquidity providers within the Oxygen protocol; there is no proof-of-work mining process. Users can earn OXY rewards by participating in lending pools, providing liquidity, or engaging in yield farming and staking systems within the Oxygen ecosystem. The token is distributed as rewards for those providing lending and borrowing discounts, and it serves as the payment medium for all fees generated by the platform.
Since Oxygen is a non-custodial protocol that never accesses users' private keys, the security of OXY tokens depends entirely on how users store their own keys and wallets. Users should store OXY in a reputable non-custodial wallet that supports ERC-20 tokens and, where applicable, the Solana ecosystem. Hardware wallets are recommended for long-term storage, as they keep private keys offline and protected from online threats. Users should never share their private keys or seed phrases with anyone, and should verify all contract addresses before interacting with them. The official ERC-20 contract address is 0x965697b4ef02F0DE01384D0d4F9F782B1670c163. Given the project's association with the FTX Bankruptcy Estate, holders should remain cautious and stay informed about the protocol's status. As with all cryptocurrencies, OXY is highly volatile, and prices can move sharply in either direction.
Buy in just 4 steps (Register → Verify → Deposit/Purchase → Receive Coins)
Choose Oxygen products that suit your trading style
Thank you for your interest in BTCC. Currently, spot and futures trading services for OXY are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.
As of right now, the live price of Oxygen (OXY) is $0.000669. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated OXY to USD rate at the top of BTCC’s price page. In terms of market scope, Oxygen records a 24h trading volume of $5.498256K (reflecting total buying and selling activity over the last 24 hours), with a total market cap of $27.282728K. Its current circulating supply stands at 40.69M out of a maximum supply cap of ∞.
The price volatility of Oxygen (OXY) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (40.69M) to max supply (∞), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, Oxygen (OXY) hit an all-time high (ATH) of $4.135724 on 2021-03-16 23:00, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at $0.000234 on 2026-02-05 08:25. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading OXY futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume ($5.498256K), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s OXYUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Oxygen, simply log into your BTCC account with USDT margin available, navigate to the OXYUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for OXYUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: $0.000669), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for OXYUSDT with zero financial risk.
Trading Oxygen (OXY) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for OXYUSDT, and review its live price ($0.000669) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.
OXY/EUR
OXY/CAD
OXY/GBP
OXY/HKD
OXY/KRW
OXY/JPY
OXY/AUD
OXY/SGD
OXY/CHF
OXY/INR
OXY/TRY
OXY/USD
OXY/CNY
OXY/VND
OXY/TWD
OXY/NZD
OXY/SAR
Bitcoin
Ethereum
Tether USDt
BNB
XRP
Solana
Dogecoin
Cardano
Avalanche
