Convert and Swap Oxygen Protocol OXY to United States Dollar USD
OXY/USD: 1 Oxygen Protocol equals $0.0042 USD
Oxygen Protocol (OXY) is not tradable on Coinbase.
Data is sourced from CoinMarketCap and other third parties. We make no representation on the accuracy of the data provided. Learn more
Last update: 3:32 AM, January 24, 2025
Refresh
Oxygen Protocol market latest
Buy Oxygen Protocol with Coinbase Wallet
Download Coinbase Wallet to buy and sell Oxygen Protocol on the most secure crypto exchange.
Oxygen Protocol is climbing this week.
The current price of Oxygen Protocol is $0.0042 per OXY. With a circulating supply of 40,689,415 OXY, it means that Oxygen Protocol has a total market cap of $170,862.32. The amount of Oxygen Protocol traded has fallen by $5,028.74 in the last 24 hours, which is a 1.49% decrease. Additionally, in the last day, $337,887.60 worth of OXY has been traded.
Buy Oxygen Protocol with Coinbase Wallet
Create a Coinbase account to buy and sell Oxygen Protocol on the most secure crypto exchange.
About Oxygen Protocol
Oxygen Protocol (OXY) is a decentralized finance (DeFi) service that aims to democratize and optimize the financial ecosystem. Built on the Solana blockchain and powered by Serum's on-chain infrastructure, Oxygen Protocol is designed to serve a vast user base with its prime brokerage services. The protocol is centered around Pools, which are collective baskets of assets. Users can earn yield, borrow against their portfolios, and leverage their assets, laying the groundwork for a dynamic and decentralized financial ecosystem. Oxygen Protocol is a non-custodial, permissionless, and scalable protocol that seeks to provide a more efficient way to manage capital.
Oxygen Protocol operates on a pools-based infrastructure where users can deposit their assets and specify which ones they want to lend. The protocol matches borrowers and lenders using the Serum DEX on-chain order book, ensuring fair pricing for borrowing and lending. Oxygen Protocol allows for multiple uses of the same collateral, enabling users to generate yield on their portfolio while borrowing other assets simultaneously. It also supports cross-collateralization, allowing users to use their entire portfolio as collateral when borrowing, potentially reducing liquidation risk. Furthermore, Oxygen Protocol facilitates streamlined in-pool trading, allowing users to interact with the Serum ecosystem and DEX directly from their pools.
Oxygen Protocol aims to provide a wide range of use cases for its users. The protocol's first phase is a borrow-lending protocol, where users can earn yield on their lent assets, borrow assets from a pool, trade directly out of the pool, and access more complex products using their pool's assets as collateral. Oxygen Protocol also aims to support arbitrary products, including tokens, synthetic products, and nonlinear assets, all cross-margined in the same account. The protocol's scalability, enabled by the Solana blockchain, allows it to serve as a completely on-chain peer-to-peer borrow-lending and prime brokerage protocol.
Oxygen Protocol was launched in late 2020 with the release of its mainnet alpha. The project is headquartered in Switzerland and is driven by a core team of individuals passionate about building the financial infrastructure of the future. The team has extensive fintech experience, with developers located around the world. Oxygen Protocol's strategic investors and DeFi ecosystem partners include Alameda Research, Serum, Genesis Capital, CMS, MultiCoin, and other leading high-frequency trading firms. The protocol's vision is to transform the current model of finance into one that is more accessible and powerful, with plans to create volatility trading agreements and structured product functions in the future.
How Oxygen Protocol and United States Dollar differ
Oxygen Protocol (OXY) and the US Dollar (USD) are fundamentally different in their nature and functionality. Oxygen Protocol is a decentralized finance service built on the Solana blockchain, aiming to democratize and optimize the financial ecosystem. It operates on a pools-based infrastructure where users can deposit their assets, earn yield, borrow against their portfolios, and leverage their assets. On the other hand, the US Dollar is a traditional fiat currency issued by the Federal Reserve and is centralized in nature. It is used for everyday transactions and as a standard for international trade. Unlike Oxygen Protocol, the US Dollar does not offer yield generation or borrowing against portfolios. Furthermore, Oxygen Protocol is non-custodial and permissionless, meaning it doesn't require intermediaries or approval from a central authority. In contrast, transactions with the US Dollar often involve banks or other financial institutions. Lastly, Oxygen Protocol's functionality is enhanced by blockchain technology, enabling transparency, security, and efficiency, while the US Dollar operates within a conventional banking system.
Frequently asked questions
How much is 1 Oxygen Protocol in USD?
Right now, 1 Oxygen Protocol is worth about $0.0042.
How much OXY could I buy for 1 USD?
Based on the current rate, you could get 237.64 OXY for 1 USD.
How much has the price of Oxygen Protocol changed?
Oxygen Protocol price has been declining. Since yesterday, the exchange rate of Oxygen Protocol has decreased. Since last month, the exchange rate of Oxygen Protocol has decreased. Since this time last year, the price of Oxygen Protocol has decreased.
How do I calculate or convert OXY to USD?
You can use our OXY to USD calculator at the top of this page to convert any amount of OXY to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 1,188.2 OXY. Inversely, 5 OXY will cost about $0.021
How can I buy 1 Oxygen Protocol on Coinbase?
Oxygen Protocol can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Oxygen Protocol.
What are assets similar to Oxygen Protocol that I can buy?
There are a number of crypto assets that have the a similar or comparable market cap to Oxygen Protocol, including Darwinia Commitment Token, SakeToken, and Sportcash One. For a more robust list of assets to explore, jump to the asset page dedicated to Oxygen Protocol.
Buy Oxygen Protocol with Coinbase Wallet
Create a Coinbase account to buy and sell Oxygen Protocol on the most secure crypto exchange.
Browse related conversions
Popular Oxygen Protocol conversions
A selection of other popular currency conversions of Oxygen Protocol to various fiat currencies.
OXY to United States Dollar conversion tables
The exchange rate of Oxygen Protocol is decreasing.
The current value of 1 OXY is $0.00 USD. In other words, to buy 5 Oxygen Protocol, it would cost you $0.02 USD. Inversely, $1.00 USD would allow you to trade for 237.64 OXY while $50.00 USD would convert to 11,881.97 OXY, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 23.32%. Meanwhile, in the last 24 hours, the rate has changed by 1.25%, which means that the the highest exchange rate of 1 OXY to United States Dollar was $0.0067 USD and the lowest 24 hour value was 1 OXY for $0.0042 USD. This time last month, the value of 1 OXY was $0.00 USD, which is a 15.72% decrease from where it is now. Looking back a year, Oxygen Protocol has changed by $0.01 USD. That means that in a single year, the value of Oxygen Protocol has shrank by 66.91%.
OXY to USD performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
$0.0043 USD | -1.25% | $0.0042 USD | 23.32% | $0.0045 USD | 15.72% | $0.0141 USD | -66.91% |
OXY to USD
Amount | Today at 3:32 am |
|---|---|
0.5 OXY | $0.0021 |
1 OXY | $0.0042 |
5 OXY | $0.0210 |
10 OXY | $0.0421 |
50 OXY | $0.2104 |
100 OXY | $0.4208 |
500 OXY | $2.1040 |
1,000 OXY | $4.2081 |
USD to OXY
Amount | Today at 3:32 am |
|---|---|
0.5 USD | 118.82 OXY |
1 USD | 237.64 OXY |
5 USD | 1,188.20 OXY |
10 USD | 2,376.39 OXY |
50 USD | 11,881.97 OXY |
100 USD | 23,763.94 OXY |
500 USD | 118,819.72 OXY |
1,000 USD | 237,639.44 OXY |
Today vs. 24 hours ago
Amount | Today at 3:32 am | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 OXY | $0.0021 | $0.0021 | -1.61% |
1 OXY | $0.0042 | $0.0043 | -1.61% |
5 OXY | $0.0210 | $0.0214 | -1.61% |
10 OXY | $0.0421 | $0.0428 | -1.61% |
50 OXY | $0.21 | $0.21 | -1.61% |
100 OXY | $0.42 | $0.43 | -1.61% |
500 OXY | $2.10 | $2.14 | -1.61% |
1,000 OXY | $4.21 | $4.28 | -1.61% |
Today vs. 1 month ago
Amount | Today at 3:32 am | 1 months ago | 1M Change |
|---|---|---|---|
0.5 OXY | $0.0021 | $0.0023 | -7.15% |
1 OXY | $0.0042 | $0.0045 | -7.15% |
5 OXY | $0.0210 | $0.0227 | -7.15% |
10 OXY | $0.0421 | $0.0453 | -7.15% |
50 OXY | $0.21 | $0.23 | -7.15% |
100 OXY | $0.42 | $0.45 | -7.15% |
500 OXY | $2.10 | $2.27 | -7.15% |
1,000 OXY | $4.21 | $4.53 | -7.15% |
Today vs. 1 year ago
Amount | Today at 3:32 am | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 OXY | $0.0021 | $0.0071 | -70.25% |
1 OXY | $0.0042 | $0.0141 | -70.25% |
5 OXY | $0.0210 | $0.0707 | -70.25% |
10 OXY | $0.0421 | $0.14 | -70.25% |
50 OXY | $0.21 | $0.71 | -70.25% |
100 OXY | $0.42 | $1.41 | -70.25% |
500 OXY | $2.10 | $7.07 | -70.25% |
1,000 OXY | $4.21 | $14.14 | -70.25% |
Buy Oxygen Protocol with Coinbase Wallet
Create a Coinbase account to buy and sell Oxygen Protocol on the most secure crypto exchange.
Discover assets similar to Oxygen Protocol
Top trading volume
Browse the assets with the highest trading volume in the past 24H on Coinbase.
Buy other crypto
A selection of guides on how to buy some of the top 50 assets by market capitalization.
Explore more conversions
Advanced asset conversions
A selection of relevant cryptocurrencies you might be interested in based on your interest in Bitcoin.
More currency conversions
A selection of conversions for different assets and currencies.
Start your crypto portfolio today
Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.