Oxygen Price(OXY)

Oxygen is a decentralised finance prime brokerage protocol that seeks to transform the way users engage with digital assets. At its core, Oxygen allows participants to create pools of assets, facilitating lending and borrowing practices while enabling the use of leverage for trading. By leveraging the capabilities of Serum’s decentralised exchange (DEX) and its on-chain order book, Oxygen ensures that both lending and borrowing orders are matched efficiently, ultimately offering market-driven pricing.

The protocol is designed with scalability in mind, aspiring to support hundreds of millions of users. A distinctive feature of Oxygen is its ability to allow the multiple uses of the same collateral and cross-collateralisation. This approach aims to mitigate risks related to margin calls and liquidations, making financing more accessible and appealing to users across the board.