Oxygen is a fully on-chain prime brokerage protocol designed to serve the needs of DeFi users and institutions. Built on the Solana blockchain and utilizing the Serum DEX's on-chain order book, it allows users to lend, borrow, and get trading leverage against their portfolio of digital assets to generate yield. The project was heavily backed by Alameda Research and was significantly impacted by the collapse of FTX and Alameda, leading to a halt in public-facing development and communication.

Founded in

Switzerland