Oxygen

Oxygen is a DeFi prime brokerage service built on Solana and powered by Serum's on-chain infrastructure. Oxygen is built around Pools—baskets of assets that take collective actions. Starting with a borrow-lending facility, users will be able to earn yield and get leverage against their portfolios, setting the foundation for a vibrant and decentralised financial ecosystem. The project launched in late 2020 with the release of its mainnet alpha. Oxygen is headquartered in Switzerland and the core team is made up of people who are passionate about building the financial infrastructure of the future. They collectively have decades of fintech experience, with 15 developers located around the world. Oxygen’s ambition is to transform our current model of finance into one that is more accessible, fair and powerful than once imaginable. The first phase of Oxygen is a borrow-lending via a pools-based infrastructure. We next plan to create volatility trading agreements and structured product functions, so that developers can create their own structured products. Our ultimate vision is to recreate marketplace-esque business units which exist within investment banks and make them accessible to everyone.