The world of decentralized finance (DeFi) continues to expand, and one project that stands out on the Solana ecosystem is Oxygen Protocol. As interest in yield-generating platforms grows, so does attention toward its native token — OXY. Whether you're a seasoned crypto investor or just exploring DeFi opportunities, understanding the current OXY coin price, market performance, and utility within its ecosystem is essential.
This comprehensive overview dives into real-time data, historical trends, and the core functionality of Oxygen (OXY), giving you a clear picture of where this asset stands in 2025 and what it offers to users in the evolving Web3 landscape.
Live OXY Price Analysis
As of today, the OXY coin price is $0.0028, with no trading volume recorded over the past 24 hours. Despite the stagnant volume, Oxygen has shown notable price movement: down 0.45% in the last 24 hours but up an impressive 86.96% over the past week.
With a current market capitalization of $112,382, Oxygen ranks #1510 among all cryptocurrencies. The circulating supply stands at 40,689,415 OXY tokens, indicating limited availability and potential scarcity if demand increases.
Notably, the current price is 99.93% below its all-time high of $4.14**, reached on March 16, 2021. However, it's currently trading **87.11% above** its all-time low of **$0.0015, which occurred recently on June 25, 2025.
All data is updated in real time, offering traders and analysts accurate insights for decision-making.
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What Is Oxygen (OXY)?
Oxygen (OXY) is the native cryptocurrency of the Oxygen Protocol, a decentralized borrowing and lending platform built on the high-speed Solana blockchain. It leverages Serum’s on-chain infrastructure to deliver fast, low-cost financial services without intermediaries.
Developed by Alex Grebnev and Viktor Mangazeev, OXY was designed to power a new generation of financial tools in the Web3 era. The protocol enables users to lend assets for yield, borrow against collateral, and trade across integrated markets — all while maintaining full control over their funds.
Core Utilities of the OXY Token
The OXY token plays several critical roles within the ecosystem:
- Yield Generation: Users can stake or lend assets to earn passive income.
- Borrowing & Trading Access: OXY holders gain entry to advanced financial products on the platform.
- Fee Discounts: Holding OXY reduces transaction and service fees.
- Governance Rights: Token holders participate in protocol upgrades and decisions.
- Revenue Sharing: A portion of platform-generated revenue is distributed to stakers and long-term holders.
These utilities make OXY more than just a speculative asset — it's a functional token with real use cases in DeFi.
Frequently Asked Questions (FAQ)
What is the current price of OXY?
As of now, the live price of Oxygen (OXY) is $0.0028. This value fluctuates based on market demand, trading activity, and broader Solana ecosystem developments.
How has OXY performed recently?
In the last 24 hours, OXY decreased slightly by 0.45%, but it has surged 86.96% over the past seven days. This volatility highlights its potential for short-term gains, though investors should remain cautious due to low trading volume.
What is the total supply of OXY tokens?
The circulating supply of OXY is 40,689,415 coins. There is no publicly disclosed maximum supply, so future inflation depends on protocol governance decisions made by token holders.
Where can I buy OXY safely?
The most active exchanges for trading OXY include Binance, Kraken, and KuCoin. These platforms support popular trading pairs such as OXY/USD and OXY/EUR, ensuring liquidity and ease of access.
Can I stake OXY tokens?
Yes, staking OXY allows users to earn rewards through governance participation and revenue sharing. While specific staking mechanics may vary depending on platform updates, holding OXY generally provides ongoing benefits within the protocol.
Is Oxygen a good investment in 2025?
While past performance doesn't guarantee future results, Oxygen’s integration with Solana and Serum gives it strong technical foundations. With renewed price momentum and active development, OXY could appeal to investors seeking exposure to niche DeFi projects on scalable blockchains.
Trading Volume and Market Activity
Despite a 7-day surge of nearly 87%, OXY's 24-hour trading volume is $0, suggesting minimal active trading or possible delisting from major exchanges. Low volume can increase price volatility and slippage, making large trades risky.
Investors should monitor exchange listings closely and consider using platforms with deep liquidity when entering or exiting positions.
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Historical Price Performance
Understanding historical trends helps contextualize current valuations:
- All-Time High: $4.14 (March 16, 2021)
This peak coincided with the broader DeFi boom and Solana’s rapid rise in popularity. - All-Time Low: $0.0015 (June 25, 2025)
This recent low suggests a period of extreme bearish sentiment or temporary market disinterest.
Currently trading at $0.0028, OXY remains significantly undervalued compared to its ATH but shows signs of recovery after hitting rock bottom earlier in 2025.
Secure Storage for OXY Tokens
Since Oxygen operates on Solana, compatible wallets are required to store OXY securely. While software wallets like Phantom or Sollet are convenient, hardware wallets offer superior protection.
The most trusted hardware solutions include Ledger and Trezor, both supporting Solana-based tokens. These devices keep private keys offline, shielding them from online threats such as phishing and hacking attempts.
For long-term holders, combining a hardware wallet with cold storage practices ensures maximum security.
Why Oxygen Matters in the DeFi Space
Oxygen differentiates itself by focusing on seamless integration with Serum’s order book system, allowing for more efficient price discovery than traditional liquidity pools. This approach brings centralized exchange-like trading experiences to decentralized platforms.
Additionally, its emphasis on user-owned finance aligns with broader Web3 principles — transparency, accessibility, and autonomy.
As Solana continues to attract developers and users due to its speed and low fees, protocols like Oxygen may see increased adoption — especially if they introduce new features or partnerships.
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Final Thoughts
Oxygen (OXY) remains a niche yet promising player in the DeFi space. Though currently ranked outside the top 1500 cryptocurrencies by market cap, its recent price rebound and foundational ties to Solana and Serum suggest latent potential.
For investors, monitoring key metrics — including trading volume recovery, exchange listings, and staking incentives — will be crucial in assessing future growth. Meanwhile, users interested in hands-on DeFi experiences can benefit from exploring Oxygen’s lending and borrowing features directly.
Whether you're analyzing charts or diving into governance participation, staying informed is the first step toward smart crypto engagement.
All data accurate as of latest update in 2025.